Columbia California Itmt Muncpl Bd Inst2 (CNBRX)
| Fund Assets | 297.39M |
| Expense Ratio | 0.47% |
| Min. Investment | $0.00 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.81% |
| Dividend Growth | 3.48% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 9.83 |
| YTD Return | 1.94% |
| 1-Year Return | 3.22% |
| 5-Year Return | 3.86% |
| 52-Week Low | 9.41 |
| 52-Week High | 9.87 |
| Beta (5Y) | n/a |
| Holdings | 221 |
| Inception Date | Nov 8, 2012 |
About CNBRX
Columbia California Intermediate Municipal Bond Fund Institutional 2 Class is an actively managed municipal bond mutual fund focused on generating current income that is exempt from U.S. federal and California state income taxes. The fund primarily invests in investment-grade municipal securities issued by California state and local entities, targeting an intermediate interest-rate profile to balance income with moderate principal fluctuation. It normally maintains at least 80% of assets in bonds whose interest is exempt from both federal and California individual income taxes, aligning it with the Muni California Intermediate category. The portfolio distributes income monthly and holds a diversified mix of California municipal issuers that finance public-purpose projects across sectors such as education, transportation, utilities, and essential services. Positioned between short and long duration strategies, the fund’s intermediate approach seeks to mitigate extreme interest-rate sensitivity while maintaining a meaningful tax-exempt income stream for investors subject to California taxation. According to public fund data, it offers an institutional share class structure with a competitive expense profile relative to its category and a long operating history dating back to 2012.
Performance
CNBRX had a total return of 3.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.05%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| SWCAX | Schwab | Schwab CA Tax-Free Bond | 0.38% |
Top 10 Holdings
16.40% of assets| Name | Symbol | Weight |
|---|---|---|
| Southern California Public Power Authority | CA.STNPWR 04.01.2055 | 2.17% |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER - Los Angeles Department of Water & Power | CA.LOSUTL 5 07.01.2041 | 2.12% |
| CALIFORNIA (STATE OF) - State of California | CA.CAS 5 12.01.2036 | 1.96% |
| BURBANK GLENDALE PASADENA ARPT AUTH CALIF - Burbank-Glendale-Pasadena Airport Authority Brick Campaign | CA.BURAPT 5.25 07.01.2042 | 1.95% |
| CALIFORNIA (STATE OF) - State of California | CA.CAS 5.25 08.01.2044 | 1.50% |
| California State University | CA.CASHGR 5 11.01.2042 | 1.44% |
| LOS ANGELES CALIF UNI SCH DIST - Los Angeles Unified School District/CA | CA.LOSSCD 5 07.01.2032 | 1.44% |
| FOOTHILL EASTERN TRANSN CORRIDOR AGY CALIF - Foothill-Eastern Transportation Corridor Agency | CA.FOOTRN 0 01.15.2033 | 1.31% |
| Southern California Public Power Authority | CA.STNPWR 5 07.01.2041 | 1.26% |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER - Los Angeles Department of Water & Power | CA.LOSUTL 5 07.01.2029 | 1.26% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02347 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0242 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02429 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02277 | Jun 30, 2025 |
| May 30, 2025 | $0.02382 | May 30, 2025 |
| Apr 30, 2025 | $0.0227 | Apr 30, 2025 |