Columbia Short Dur Municipal Bond Inst (NSMIX)
| Fund Assets | 254.65M |
| Expense Ratio | 0.40% |
| Min. Investment | $2,000 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.90% |
| Dividend Growth | 0.81% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.21 |
| YTD Return | 1.28% |
| 1-Year Return | 3.46% |
| 5-Year Return | 9.41% |
| 52-Week Low | 10.16 |
| 52-Week High | 10.32 |
| Beta (5Y) | 0.03 |
| Holdings | 172 |
| Inception Date | Oct 7, 1993 |
About NSMIX
Columbia Short Duration Municipal Bond Fund Institutional Class is a mutual fund focused on providing investors with income that is generally exempt from federal income tax. This fund primarily invests in a diversified portfolio of high-quality, short-term municipal bonds, which are debt securities issued by state and local governments or agencies. The portfolio’s average duration typically ranges from one to four years, aiming to reduce interest rate risk while maintaining yield potential. The fund caters to institutional investors seeking tax-advantaged income and relative capital preservation over a short investment horizon. Widely noted for its emphasis on liquidity and credit quality, it serves as a key vehicle for managing short-term cash needs or for diversifying within the fixed income segment. With assets managed by one of the nation’s largest asset managers, the fund holds significance among conservative income-oriented fixed income offerings, particularly for those prioritizing tax efficiency in their investments.
Performance
NSMIX had a total return of 3.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.60%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02352 | Jun 30, 2026 |
| May 29, 2026 | $0.02599 | May 29, 2026 |
| Apr 30, 2026 | $0.02523 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02642 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02157 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0255 | Jan 30, 2026 |