Columbia Minnesota Tax-Exempt Inst3 (CMNYX)
| Fund Assets | 472.07M |
| Expense Ratio | 0.51% |
| Min. Investment | $1,000,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 3.14% |
| Dividend Growth | 0.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 31, 2025 |
| Previous Close | 19.73 |
| YTD Return | 1.16% |
| 1-Year Return | 1.33% |
| 5-Year Return | -0.05% |
| 52-Week Low | 18.32 |
| 52-Week High | 20.09 |
| Beta (5Y) | n/a |
| Holdings | 242 |
| Inception Date | Mar 1, 2017 |
About CMNYX
Columbia Minnesota Tax-Exempt Fund Institutional 3 Class is a municipal bond mutual fund focused on delivering a high level of income that is generally exempt from federal, Minnesota state, and local taxes. The fund invests predominantly in municipal debt securities issued by the state of Minnesota and its local entities. Its portfolio spans a wide variety of issuers, including healthcare facilities, school districts, power agencies, and public infrastructure, with the aim of supporting essential local services and development. With over 260 holdings, the fund is broadly diversified, and its largest positions constitute just over 18% of total assets, reinforcing risk management across the portfolio. As an institutional share class, it offers competitively low fees, appealing particularly to large investors seeking tax-advantaged income solutions. The fund’s role in the financial market is to provide Minnesota residents, and institutional investors with exposure to the state’s tax-exempt bond market, effectively blending stable yield potential with the unique tax benefits of municipal fixed income.
Performance
CMNYX had a total return of 1.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.68%.
Top 10 Holdings
18.89% of assets| Name | Symbol | Weight |
|---|---|---|
| ROCHESTER MINN - City of Rochester MN | MN.ROCMED 5 11.15.2057 | 2.83% |
| ROSEVILLE MINN INDPT SCH DIST NO 623 - Roseville Independent School District No 623 | MN.ROSSCD 4 02.01.2038 | 2.17% |
| SOUTHERN MINN MUN PWR AGY - Southern Minnesota Municipal Power Agency | MN.SOUPWR 0 01.01.2026 | 2.14% |
| BRAINERD MINN INDPT SCH DIST NO 181 - Brainerd Independent School District No 181 | MN.BRASCD 4 02.01.2037 | 2.13% |
| MAPLE GROVE MINN HEALTH CARE FACS REV - City of Maple Grove MN | MN.MGRMED 4 05.01.2037 | 2.13% |
| MINNESOTA ST HIGHER ED FACS AUTH - Minnesota Higher Education Facilities Authority | n/a | 1.69% |
| CHIPPEWA CNTY MINN GROSS REV - County of Chippewa MN | n/a | 1.54% |
| MINNEAPOLIS MINN HEALTH CARE SYS REV - City of Minneapolis MN | MN.MINMED 4 11.15.2037 | 1.43% |
| STILLWATER MINN INDPT SCH DIST NO 834 - Stillwater Independent School District No 834 | n/a | 1.41% |
| MINNESOTA (STATE OF) - State of Minnesota | MN.MNS 4 08.01.2043 | 1.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 31, 2025 | $0.05714 | Oct 31, 2025 |
| Sep 30, 2025 | $0.05553 | Sep 30, 2025 |
| Aug 29, 2025 | $0.05713 | Aug 29, 2025 |
| Jul 31, 2025 | $0.05761 | Jul 31, 2025 |
| Jun 30, 2025 | $0.05526 | Jun 30, 2025 |
| May 30, 2025 | $0.05845 | May 30, 2025 |