Columbia Total Return Muncpl Inc Inst 3 (CTEYX)
| Fund Assets | 1.66B |
| Expense Ratio | 0.48% |
| Min. Investment | $0.00 |
| Turnover | 28.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 4.01% |
| Dividend Growth | 2.06% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 11.89 |
| YTD Return | 2.77% |
| 1-Year Return | 8.17% |
| 5-Year Return | 2.72% |
| 52-Week Low | 11.15 |
| 52-Week High | 11.94 |
| Beta (5Y) | 0.06 |
| Holdings | 423 |
| Inception Date | Mar 1, 2017 |
About CTEYX
Columbia Tax-Exempt Fund Institutional 3 Class is a mutual fund focused on delivering federally tax-exempt income through investment in a diversified portfolio of municipal bonds. The primary function of this fund is to provide investors with long-term income that is generally exempt from federal income tax, positioning it as a solution for affluent investors or institutions seeking tax efficiency. It primarily invests in U.S. municipal securities issued by states, local governments, and their agencies, which makes it sensitive to interest rate movements and municipal credit quality. The fund emphasizes high credit quality, with substantial weightings in bonds rated AA and A, and maintains an effective duration around nine years, categorizing it within the "Muni National Long" segment. It manages a substantial asset base, with a below-average expense ratio compared to peers, and offers access through its institutional class for qualified investors. By focusing on tax-exempt income, it plays a significant role for entities or individuals seeking to manage taxable income liabilities while maintaining exposure to the municipal debt market.
Performance
CTEYX had a total return of 8.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.48%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04075 | Jun 30, 2026 |
| May 29, 2026 | $0.04408 | May 29, 2026 |
| Apr 30, 2026 | $0.04292 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03963 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03536 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04009 | Jan 30, 2026 |