Columbia Tax-Exempt Fund Institutional Class (CTEZX)
| Fund Assets | 3.44B |
| Expense Ratio | 0.55% |
| Min. Investment | $2,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 4.05% |
| Dividend Growth | 6.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 11.43 |
| YTD Return | -2.43% |
| 1-Year Return | 2.67% |
| 5-Year Return | 6.88% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 468 |
| 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 2.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.16%.
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
12.13% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity Funds - MuniCash | MCSXX | 2.27% |
| Pennsylvania Economic Development Financing Authority | PA PASMED 4 11.15.2042 | 1.50% |
| MICHIGAN ST TRUNK LINE - State of Michigan Trunk Line Revenue | n/a | 1.12% |
| TEXAS PRIVATE ACTIVITY SURFACE TRANSPORTATION CORP - Texas Private Activity Bond Surface Transportation Corp | TX TXSTRN 5 06.30.2058 | 1.11% |
| BUCKEYE OHIO TOB SETTLEMENT - Buckeye Tobacco Settlement Financing Authority | OH BUCGEN 5 06.01.2055 | 1.10% |
| PORT OF PORTLAND OR ARPT - Port of Portland OR Airport Revenue | n/a | 1.10% |
| ILLINOIS (STATE OF) - State of Illinois | n/a | 1.05% |
| MAIN STREET NATURAL GAS INC - MACQUARIE - Main Street Natural Gas Inc | GA MAIUTL 06.01.2053 | 0.98% |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER - Los Angeles Department of Water & Power | CA LOSUTL 07.01.2057 | 0.95% |
| NEBRASKA EDUCATIONAL FIN AUTH - Nebraska Educational Health Cultural & Social Services Finance Authority | NE NESEDU 4 01.01.2049 | 0.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Nov 29, 2024 | $0.03684 | Nov 29, 2024 |
| Oct 31, 2024 | $0.0379 | Oct 31, 2024 |