Columbia Tax-Exempt A (COLTX)
| Fund Assets | 1.75B |
| Expense Ratio | 0.75% |
| Min. Investment | $2,000 |
| Turnover | 22.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 3.72% |
| Dividend Growth | 0.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.24 |
| YTD Return | -4.11% |
| 1-Year Return | -3.17% |
| 5-Year Return | -2.68% |
| 52-Week Low | 11.06 |
| 52-Week High | 12.19 |
| Beta (5Y) | 0.31 |
| Holdings | 460 |
| Inception Date | Nov 21, 1978 |
About COLTX
Columbia Tax-Exempt Fund Class A is an open-end mutual fund focused on generating current income exempt from federal income taxes, making it a key investment vehicle for individuals seeking tax-advantaged income. The fund primarily invests at least 65% of its assets in high-quality, investment-grade municipal bonds, while maintaining the flexibility to hold a portion in unrated bonds or those whose interest is subject to federal taxes, up to 20% of assets. With a portfolio diversified across over 450 municipal securities, the fund emphasizes credit quality and liquidity. Notable features include a monthly dividend distribution schedule, a net expense ratio of approximately 0.74-0.75%, and a required minimum investment of $2,000. The fund is managed with the objective of delivering a competitive after-tax total return through both income and capital appreciation, appealing chiefly to investors in higher tax brackets. Since its inception in 1978, the Columbia Tax-Exempt Fund Class A has grown to over $2 billion in net assets, underlining its market significance as a long-standing option for tax-conscious investors seeking stable, federally tax-exempt income.
Performance
COLTX had a total return of -3.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.93%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
10.99% of assets| Name | Symbol | Weight |
|---|---|---|
| PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV 4% | PA.PASMED 4 11.15.2042 | 1.52% |
| PORT PORTLAND ORE ARPT REV 5.5% | OR.PTPAPT 5.5 07.01.2053 | 1.49% |
| TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5% | TX.TXSTRN 5 06.30.2058 | 1.13% |
| ILLINOIS ST 5.5% | IL.ILS 5.5 03.01.2047 | 1.09% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 06.01.2053 | 1.07% |
| NEBRASKA EDL HEALTH CULTURAL & SOCIAL SVCS FIN AUTH REV 4% | NE.NESEDU 4 01.01.2049 | 0.99% |
| LOUISIANA PUB FACS AUTH DOCK & WHARF REV 6.5% | LA.LASFAC 6.5 07.01.2036 | 0.95% |
| NORTHAMPTON CNTY PA GEN PURP AUTH HOSP REV 4% | PA.NORMED 4 08.15.2048 | 0.95% |
| NEW JERSEY ECONOMIC DEV AUTH REV 5% | NJ.NJSDEV 5 11.01.2052 | 0.91% |
| COLUMBUS OHIO REGL ARPT AUTH REV 5.5% | OH.COLAPT 5.5 01.01.2050 | 0.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03862 | Jul 31, 2025 |
| Jun 30, 2025 | $0.035 | Jun 30, 2025 |
| May 30, 2025 | $0.03724 | May 30, 2025 |
| Apr 30, 2025 | $0.03608 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03693 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03299 | Feb 28, 2025 |