Columbia Ultra Short Duration Municipal Bond Fund (USMBX)
| Fund Assets | 68.37M |
| Expense Ratio | 0.47% |
| Min. Investment | $2,000 |
| Turnover | 36.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.99% |
| Dividend Growth | 0.80% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.04 |
| YTD Return | 1.01% |
| 1-Year Return | 1.59% |
| 5-Year Return | n/a |
| 52-Week Low | 9.95 |
| 52-Week High | 10.05 |
| Beta (5Y) | 0.04 |
| Holdings | 68 |
| Inception Date | n/a |
About USMBX
Columbia Ultra Short Duration Municipal Bond Fund Class A is a mutual fund specializing in municipal bonds with very short durations, typically less than four years. Its primary function is to offer investors a stable source of tax-exempt income by investing in bonds issued by state and local governments, which fund various public projects such as infrastructure and community development. The distinguishing feature of this fund is its focus on minimizing interest rate risk by maintaining ultra-short maturities, making it particularly relevant for investors seeking preservation of capital and liquidity with comparatively low volatility. As part of the muni national short portfolio category, it diversifies holdings across states and sectors, further reducing risk. The fund is notable for providing federally tax-free income, with potential for state tax exemptions depending on the bond’s jurisdiction. Within the financial market, it serves as a vital tool for both individuals and institutions aiming to manage cash in a low-risk environment, especially during periods of interest rate uncertainty or when seeking alternatives to traditional cash or money market instruments.
Performance
USMBX had a total return of 1.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.83%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| USMEX | Institutional Class | 0.32% |
Top 10 Holdings
27.95% of assets| Name | Symbol | Weight |
|---|---|---|
| LOUISIANA PUB FACS AUTH - Louisiana Public Facilities Authority | LA.LASFAC 10.01.2043 | 3.61% |
| FAIRFAX CNTY VA REDEV & HSG AUTH - Fairfax County Redevelopment & Housing Authority | n/a | 2.97% |
| PORT AUTHORITY OF NEW YORK AND NEW JERSEY - Port Authority of New York & New Jersey | n/a | 2.94% |
| NEW YORK ST TWY AUTH - New York State Thruway Authority | n/a | 2.92% |
| SOUTH CAROLINA ST PORTS AUTH - South Carolina Ports Authority | SC.SCSTRN 5.25 07.01.2050 | 2.89% |
| COLORADO (STATE OF) - Colorado State Education Loan Program | n/a | 2.89% |
| TEXAS WATER DEV BRD - Texas Water Development Board | TX.TXSWTR 5 10.15.2025 | 2.77% |
| BETHLEHEM PA AREA SCH DIST - Bethlehem Area School District Authority | PA.BETEDU 01.01.2032 | 2.55% |
| WISCONSIN (STATE OF) - State of Wisconsin | n/a | 2.25% |
| WAYNE CNTY MICH ARPT AUTH - Wayne County Airport Authority | n/a | 2.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02342 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02083 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02288 | Jun 30, 2025 |
| May 30, 2025 | $0.02579 | May 30, 2025 |
| Apr 30, 2025 | $0.02399 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02551 | Mar 31, 2025 |