Columbia California Intermediate Muni Bond Fund Class A (NACMX)
| Fund Assets | 289.41M |
| Expense Ratio | 0.73% |
| Min. Investment | $2,000 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 2.52% |
| Dividend Growth | 6.22% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.00 |
| YTD Return | -1.64% |
| 1-Year Return | 2.21% |
| 5-Year Return | 0.31% |
| 52-Week Low | 9.54 |
| 52-Week High | 10.31 |
| Beta (5Y) | 0.20 |
| Holdings | 212 |
| 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 2.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.59%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02308 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02286 | Dec 31, 2025 |
| 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 |