Columbia California Itmt Muncpl Bd Inst (NCMAX)

Fund Assets	207.82M
Expense Ratio	0.491%
Min. Investment	$2,000
Turnover	14.00%
Dividend (ttm)	0.30
Dividend Yield	3.17%
Dividend Growth	7.34%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.33
YTD Return	-2.77%
1-Year Return	-1.44%
5-Year Return	1.45%
52-Week Low	9.28
52-Week High	10.01
Beta (5Y)	0.05
Holdings	152
Inception Date	Aug 19, 2002

About NCMAX

Columbia California Intermediate Municipal Bond Fund Class I is an actively managed municipal bond mutual fund focused on generating tax-exempt income for California residents while maintaining intermediate interest-rate exposure. The fund primarily invests in investment-grade municipal securities issued by California state and local entities, targeting an intermediate duration profile typically in the 4–6 year range to balance income generation with moderate price sensitivity. It emphasizes current income exempt from U.S. federal and California state personal income taxes, consistent with prudent principal stability. The portfolio spans sectors such as general obligation bonds, essential-service revenue bonds, transportation, education, and healthcare, reflecting the breadth of California’s municipal financing needs. As an institutional share class, it is structured for cost efficiency relative to other classes. The fund’s role in the market is to provide diversified exposure to California’s municipal credit landscape, offering a vehicle for investors seeking tax-advantaged income with intermediate-term risk characteristics and professional credit selection and duration management.

• Fund Family: Columbia Threadneedle
• Category: Muni California Intermediate
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: NCMAX
• Share Class: Institutional Class
• Index: Index is not available on Lipper Database

Performance

NCMAX had a total return of -1.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.95%.

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%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
CCBYX	Institutional 3 Class	0.42%
CNBRX	Institutional 2 Class	0.47%
NCMDX	- Class S	0.48%
NACMX	Class A	0.73%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02599	Sep 30, 2026
Aug 31, 2026	$0.0254	Aug 31, 2026
Jul 31, 2026	$0.02527	Jul 31, 2026
Jun 30, 2026	$0.02468	Jun 30, 2026
May 29, 2026	$0.02542	May 29, 2026
Apr 30, 2026	$0.0246	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 12, 2026

Data Sources Report a data error