Columbia California Intermediate Muni Bond Fund Class A (NACMX)
| Fund Assets | 296.38M |
| Expense Ratio | 0.73% |
| Min. Investment | $2,000 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 2.52% |
| Dividend Growth | 5.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 10.16 |
| YTD Return | 3.19% |
| 1-Year Return | 2.80% |
| 5-Year Return | 2.45% |
| 52-Week Low | 9.58 |
| 52-Week High | 10.18 |
| Beta (5Y) | 0.20 |
| Holdings | 215 |
| Inception Date | Sep 9, 2002 |
About NACMX
Columbia California Intermediate Municipal Bond Fund Class A is an open-end municipal bond mutual fund focused on generating tax-exempt income for California residents. The fund primarily invests in investment-grade, intermediate-term municipal securities whose interest is exempt from U.S. federal income tax and California state individual income tax, aiming to balance income generation with capital preservation over a 4–6 year duration profile typical for its category. It maintains broad diversification across hundreds of holdings and distributes income on a monthly schedule. Managed within the Columbia Threadneedle fund family since its 2002 inception, the strategy emphasizes credit quality and state-specific exposure, aligning with investors seeking state and federal tax-exempt income within California’s municipal market. Key characteristics commonly cited include a moderate expense structure for its share class, a minimum initial investment threshold, and a focus on investment-grade issuers, positioning the fund as a core tax-aware fixed income allocation for California taxpayers. The fund’s objective centers on delivering a high level of tax-advantaged current income consistent with prudent risk management.
Performance
NACMX had a total return of 2.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.66%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| SWCAX | Schwab | Schwab California Tax-Free Bond Fund™ | 0.38% |
Top 10 Holdings
17.46% of assets| Name | Symbol | Weight |
|---|---|---|
| SOUTHERN CALIF PUB PWR AUTH REV 5% | CA.STNPWR 04.01.2055 | 2.18% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 5% | CA.LOSUTL 5 07.01.2041 | 2.17% |
| BlackRock Liquidity Funds - MuniCash | MCSXX | 2.11% |
| CALIFORNIA ST 5% | CA.CAS 5 12.01.2036 | 1.98% |
| BURBANK GLENDALE PASADENA ARPT AUTH CALIF ARPT REV 5.25% | CA.BURAPT 5.25 07.01.2042 | 1.97% |
| CALIFORNIA ST 5.25% | CA.CAS 5.25 08.01.2044 | 1.51% |
| CALIFORNIA ST UNIV REV 5% | CA.CASHGR 5 11.01.2042 | 1.50% |
| LOS ANGELES CALIF UNI SCH DIST 5% | CA.LOSSCD 5 07.01.2032 | 1.43% |
| FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 0% | CA.FOOTRN 0 01.15.2033 | 1.31% |
| SOUTHERN CALIF PUB PWR AUTH SOUTHN TRANSMISSION SYS RENEWAL PROJ REV 5% | CA.STNPWR 5 07.01.2041 | 1.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.02158 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02267 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02151 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02217 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02235 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02086 | Jun 30, 2025 |