Columbia Total Return Muncpl Inc Inst (CTEZX)
| Fund Assets | 1.66B |
| Expense Ratio | 0.55% |
| Min. Investment | $2,000 |
| Turnover | 28.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 3.94% |
| Dividend Growth | 2.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 11.85 |
| YTD Return | 2.82% |
| 1-Year Return | 8.21% |
| 5-Year Return | 3.97% |
| 52-Week Low | 11.12 |
| 52-Week High | 11.91 |
| Beta (5Y) | 0.07 |
| Holdings | 423 |
| Inception Date | Sep 16, 2005 |
About CTEZX
Columbia Tax-Exempt Fund Institutional Class is a mutual fund specializing in fixed income investments, with a primary objective of delivering total return through current income exempt from federal income tax and long-term capital appreciation. The fund concentrates on municipal bonds, allocating at least 65% of its assets to tax-exempt bonds that are rated investment grade or, if unrated, are judged to be of comparable quality at purchase. This strategy targets both the 15-year and longer maturity segments of the yield curve, generally aiming to capture attractive yields typical of longer-dated municipal securities. Distinctively, the fund employs rigorous credit research and selective, bottom-up security selection to uncover undervalued opportunities and manage credit risk across various issuers, sectors, and geographic regions. With a significant number of holdings and an emphasis on bonds issued by a diversified group of municipalities, the fund plays a crucial role in providing investors with access to tax-exempt income—a valued component for individuals and institutions seeking to optimize after-tax returns within a diversified portfolio. Columbia Tax-Exempt Fund Institutional Class is particularly relevant for those focused on federal tax efficiency and stable income generation through municipal markets.
Performance
CTEZX had a total return of 8.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.44%.
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 | $0.03997 | Jun 30, 2026 |
| May 29, 2026 | $0.0433 | May 29, 2026 |
| Apr 30, 2026 | $0.04211 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03887 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03465 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0393 | Jan 30, 2026 |