Columbia Massachusetts Intermediate Municipal Bond Fund Institutional 3 Class (CMMYX)
| Fund Assets | 69.40M |
| Expense Ratio | 0.47% |
| Min. Investment | $1,000,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.84% |
| Dividend Growth | 4.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.91 |
| YTD Return | 1.37% |
| 1-Year Return | 5.52% |
| 5-Year Return | 4.49% |
| 52-Week Low | 9.13 |
| 52-Week High | 9.91 |
| Beta (5Y) | n/a |
| Holdings | 60 |
| Inception Date | Mar 1, 2017 |
About CMMYX
Columbia Massachusetts Intermediate Municipal Bond Fund Class I3 is a tax-exempt municipal bond mutual fund focused on generating a high level of current income that is exempt from federal income tax and from Massachusetts individual income tax. The portfolio invests primarily in investment-grade municipal securities issued within Massachusetts, maintaining at least 80% of net assets in municipal obligations, with an intermediate interest-rate profile aimed at balancing income needs with principal stability. The fund emphasizes diversified exposure to state and local issuers such as transportation, education, and revenue-backed authorities, reflecting the financing needs of essential public projects across the Commonwealth. Designed for institutional-scale allocations, it features a low expense structure for its category and distributes income monthly, aligning with investors who prioritize tax-efficient cash flows. Within the municipal market, it serves as a targeted state-specific solution for residents seeking state and federal tax-exempt income and for allocators seeking to complement national muni strategies with Massachusetts-dedicated exposure and moderate duration risk. [Sourced: Morningstar profile, fund overview, and third-party summaries.]
Performance
CMMYX had a total return of 5.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.17%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02402 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02357 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02342 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02443 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02334 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02408 | Aug 29, 2025 |