Columbia Minnesota Tax-Exempt Fund Class A (IMNTX)
| Fund Assets | 487.66M |
| Expense Ratio | 0.81% |
| Min. Investment | $2,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 2.99% |
| Dividend Growth | -0.18% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 19.97 |
| YTD Return | -1.52% |
| 1-Year Return | 2.54% |
| 5-Year Return | -2.58% |
| 52-Week Low | 18.39 |
| 52-Week High | 20.60 |
| Beta (5Y) | n/a |
| Holdings | 236 |
| Inception Date | Aug 18, 1986 |
About IMNTX
Columbia Minnesota Tax-Exempt Fund Class A is a mutual fund designed to provide investors with a high level of income that is generally exempt from federal, Minnesota state, and local taxes. The fund primarily invests in investment-grade municipal bonds issued by entities within Minnesota, including local governments, school districts, and public authorities. Notable holdings typically include municipal revenue bonds related to health care, education, and utility infrastructure across the state. This fund is non-diversified, meaning it can concentrate its assets among fewer issuers, focusing specifically on Minnesota’s municipal market. It maintains a moderate expense ratio and an average distribution fee structure, with income distributed to shareholders monthly. The fund’s portfolio is actively managed, targeting higher-yielding municipal securities while aiming to maintain an effective duration appropriate for managing interest rate sensitivity within its category. Columbia Minnesota Tax-Exempt Fund Class A serves investors seeking tax-advantaged income and exposure to Minnesota’s municipal bond market, playing a significant role in the state’s infrastructure financing while offering potential tax benefits to residents.
Performance
IMNTX had a total return of 2.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.99%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.05084 | Jan 30, 2026 |
| Dec 31, 2025 | $0.05291 | Dec 31, 2025 |
| Nov 28, 2025 | $0.05076 | Nov 28, 2025 |
| Oct 31, 2025 | $0.05213 | Oct 31, 2025 |
| Sep 30, 2025 | $0.05074 | Sep 30, 2025 |
| Aug 29, 2025 | $0.05229 | Aug 29, 2025 |