About LITCX
Columbia Intermediate Duration Municipal Bond Fund Class C is a fixed income mutual fund focused on providing current income that is exempt from federal income tax, while maintaining preservation of principal. As a municipal bond fund, it primarily invests at least 80% of its net assets in a diversified portfolio of municipal securities issued by various state and local governments across the United States. The fund targets bonds with intermediate durations, which generally balances interest rate sensitivity and income potential.
Notable features include its broad diversification by sector, with significant exposure to areas such as hospitals, local and state general obligations, transportation infrastructure, and educational facilities. The fund is actively managed and uses the Bloomberg 3–15 Year Blend Municipal Bond Index as a benchmark to help guide its investment strategy. Investors can expect annual dividend distributions, and the fund's holdings are predominantly in high-quality municipal bonds rated A and above, with the aim of delivering tax-advantaged income to its shareholders. Columbia Intermediate Duration Municipal Bond Fund Class C plays a significant role in helping investors achieve steady, tax-aware income within their fixed-income allocations.
Fund Family Columbia Threadneedle
Category Muni National Interm
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol LITCX
Share Class Class C
Index Bloomberg 3-15 Y Municipal Bond TR
LITCX had a total return of 4.60% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.63%.
