Columbia Massachusetts ItmtMuncplBdInst3 (CMMYX)
| Fund Assets | 67.00M |
| Expense Ratio | 0.47% |
| Min. Investment | $2,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.05% |
| Dividend Growth | 9.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.80 |
| YTD Return | 1.24% |
| 1-Year Return | 4.99% |
| 5-Year Return | 3.32% |
| 52-Week Low | 9.54 |
| 52-Week High | 9.93 |
| Beta (5Y) | n/a |
| Holdings | 62 |
| Inception Date | n/a |
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 4.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.96%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03845 | Jun 30, 2026 |
| May 29, 2026 | $0.0242 | May 29, 2026 |
| Apr 30, 2026 | $0.02353 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02475 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02121 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02402 | Jan 30, 2026 |