Columbia Tax-Exempt S (CTEDX)
| Fund Assets | 1.80B |
| Expense Ratio | 0.55% |
| Min. Investment | $0.00 |
| Turnover | 22.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.64% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 11.34 |
| YTD Return | -3.79% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 11.06 |
| 52-Week High | 12.16 |
| Beta (5Y) | n/a |
| Holdings | 463 |
| Inception Date | n/a |
About CTEDX
Columbia Tax-Exempt Fund is an open-end mutual fund focused on producing total return through a combination of current income that is exempt from federal income tax and capital appreciation, while maintaining moderate fluctuation in value. The fund primarily invests in municipal bonds issued by state and local governments, which are commonly used to finance infrastructure and public projects. By emphasizing securities with longer maturities, generally 15 years or more, the fund seeks to capture attractive yields available in that segment of the municipal bond market. Columbia Tax-Exempt Fund may allocate up to 20% of its portfolio to securities with interest subject to federal income tax, but its core strategy revolves around tax-advantaged income generation. The fund is broadly diversified, holding hundreds of issues across different states and sectors, which helps reduce risk associated with individual issuers. Its monthly income distributions and annual capital gains payouts make it a notable investment vehicle for investors seeking to manage their tax liabilities while participating in the fixed income market.
Top 10 Holdings
10.78% of assets| Name | Symbol | Weight |
|---|---|---|
| Pennsylvania Economic Development Financing Authority | PA.PASMED 4 11.15.2042 | 1.49% |
| MICHIGAN ST TRUNK LINE - State of Michigan Trunk Line Revenue | MI.MISTRN 5.25 11.15.2049 | 1.14% |
| TEXAS PRIVATE ACTIVITY SURFACE TRANSPORTATION CORP - Texas Private Activity Bond Surface Transportation Corp | TX.TXSTRN 5 06.30.2058 | 1.13% |
| PORT OF PORTLAND OR ARPT - Port of Portland OR Airport Revenue | OR.PTPAPT 5.5 07.01.2053 | 1.13% |
| ILLINOIS (STATE OF) - State of Illinois | IL.ILS 5.5 03.01.2047 | 1.06% |
| MAIN STREET NATURAL GAS INC - MACQUARIE - Main Street Natural Gas Inc | GA.MAIUTL 06.01.2053 | 1.03% |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER - Los Angeles Department of Water & Power | CA.LOSUTL 07.01.2057 | 1.01% |
| NEBRASKA EDUCATIONAL FIN AUTH - Nebraska Educational Health Cultural & Social Services Finance Authority | n/a | 0.95% |
| NORTHAMPTON CNTY PA GEN PURP AUTH - Northampton County General Purpose Authority | PA.NORMED 4 08.15.2048 | 0.93% |
| LOUISIANA PUB FACS AUTH - Louisiana Public Facilities Authority | n/a | 0.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.03919 | May 30, 2025 |
| Apr 30, 2025 | $0.03796 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03894 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03483 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03887 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03825 | Dec 31, 2024 |