Columbia Tax-Exempt Fund Institutional Class (CTEZX)
| Fund Assets | 3.44B |
| Expense Ratio | 0.55% |
| Min. Investment | $2,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 3.75% |
| Dividend Growth | 4.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 11.33 |
| YTD Return | -3.63% |
| 1-Year Return | 0.74% |
| 5-Year Return | 2.58% |
| 52-Week Low | 11.06 |
| 52-Week High | 12.19 |
| Beta (5Y) | n/a |
| Holdings | 470 |
| Inception Date | Sep 16, 2005 |
About CTEZX
The Fund's investment strategy focuses on Gen & Ins Muni with 0.53% total expense ratio. The minimum amount to invest in Columbia Funds Series Trust I: Columbia Tax-Exempt Fund; Institutional Class Shares is $2,000 on a standard taxable account. Columbia Funds Series Trust I: Columbia Tax-Exempt Fund; Institutional Class Shares seeks as high a level of after tax total return as is consistent with prudent risk, pursuing current income exempt from federal income tax and opportunities for long term appreciation from a portfolio primarily invested in investment grade municipal bonds.
Performance
CTEZX had a total return of 0.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.08%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Top 10 Holdings
10.74% of assets| Name | Symbol | Weight |
|---|---|---|
| PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV 4% | PA.PASMED 4 11.15.2042 | 1.52% |
| MICHIGAN ST TRUNK LINE 5.25% | MI.MISTRN 5.25 11.15.2049 | 1.15% |
| TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5% | TX.TXSTRN 5 06.30.2058 | 1.13% |
| PORT PORTLAND ORE ARPT REV 5.5% | OR.PTPAPT 5.5 07.01.2053 | 1.12% |
| ILLINOIS ST 5.5% | IL.ILS 5.5 03.01.2047 | 1.04% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 06.01.2053 | 1.02% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 3.8% | CA.LOSUTL 07.01.2057 | 0.98% |
| NORTHAMPTON CNTY PA GEN PURP AUTH HOSP REV 4% | PA.NORMED 4 08.15.2048 | 0.96% |
| NEBRASKA EDL HEALTH CULTURAL & SOCIAL SVCS FIN AUTH REV 4% | NE.NESEDU 4 01.01.2049 | 0.94% |
| LOUISIANA PUB FACS AUTH DOCK & WHARF REV 6.5% | LA.LASFAC 6.5 07.01.2036 | 0.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.03919 | May 30, 2025 |
| Apr 30, 2025 | $0.03797 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03894 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03483 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03886 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03827 | Dec 31, 2024 |