Columbia Intermediate Duration Municipal Bond Fund (SETMX)
| Fund Assets | 1.51B |
| Expense Ratio | 0.40% |
| Min. Investment | $2,000 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.27% |
| Dividend Growth | -2.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.55 |
| YTD Return | 1.81% |
| 1-Year Return | 5.68% |
| 5-Year Return | 6.94% |
| 52-Week Low | 9.29 |
| 52-Week High | 9.67 |
| Beta (5Y) | 0.05 |
| Holdings | 566 |
| Inception Date | Jun 14, 1993 |
About SETMX
Columbia Intermediate Duration Municipal Bond Fund Institutional Class is an open-end mutual fund focused on generating tax-exempt income from U.S. municipal securities. The strategy emphasizes intermediate interest-rate exposure by targeting a portfolio duration typically in the mid-single-digit years, aligning with the muni national intermediate category’s risk and return profile. The fund primarily invests in investment-grade bonds issued by state and local governments and related authorities to finance public projects such as transportation, utilities, and education, with income generally exempt from federal income tax. Managed by Columbia Threadneedle, the portfolio is broadly diversified across issuers, sectors, and states to moderate credit and geographic concentration risk. Its role in the market is to provide federally tax-advantaged income and capital preservation potential while offering lower volatility than long-duration municipal strategies. The fund’s intermediate posture positions it as a core municipal bond allocation for institutions and sophisticated investors seeking balance between income stability and interest-rate sensitivity within the municipal fixed income spectrum.
Performance
SETMX had a total return of 5.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.84%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FASJX | Fidelity | Fidelity Advisor Sust Interm Muni Inc A | 0.62% |
| FASLX | Fidelity | Fidelity Advisor Sust Interm Muni Inc M | 0.62% |
| FASVX | Fidelity | Fidelity Advisor Sustainable Intermediate Municipal Income Fund - Class Z | 0.31% |
| FASUX | Fidelity | Fidelity Advisor Sust Interm Muni Inc I | 0.37% |
| FASNX | Fidelity | Fidelity Advisor Sust Interm Muni Inc C | 1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.01633 | Jun 30, 2026 |
| May 29, 2026 | $0.02761 | May 29, 2026 |
| Apr 30, 2026 | $0.02681 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02807 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02403 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0279 | Jan 30, 2026 |