Columbia Ultr Sht Dur Muni Bd Ins (USMEX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.06
0.00 (0.00%)
Sep 12, 2025, 4:00 PM EDT
Fund Assets68.37M
Expense Ratio0.32%
Min. Investment$2,000
Turnover36.00%
Dividend (ttm)0.31
Dividend Yield3.12%
Dividend Growth0.48%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close10.06
YTD Return1.22%
1-Year Return1.85%
5-Year Returnn/a
52-Week Low9.95
52-Week High10.06
Beta (5Y)n/a
Holdings68
Inception DateJan 26, 2022

About USMEX

Columbia Ultra Short Duration Municipal Bond Fund Institutional Shares is a mutual fund designed to deliver current income that is exempt from U.S. federal income tax while prioritizing the preservation of capital. The fund primarily invests in a diversified portfolio of high-quality municipal bonds with an average effective duration of less than one year, making it less sensitive to interest rate fluctuations. Its holdings span sectors such as local government obligations, airport bonds, multi-family housing, and refunded or escrowed municipal debt. The fund typically features a low turnover rate and a tightly managed portfolio structure, with over 50 individual issuers. Managed by a team of experienced professionals, this fund serves institutional investors seeking tax-advantaged income solutions with minimal price volatility. Its ultra-short duration characteristic positions it as a key vehicle for liquidity management and short-term cash allocation within the municipal bond market, providing an alternative to taxable short-term bond instruments for risk-conscious investors focused on capital stability and tax efficiency.

Fund Family Columbia Threadneedle
Category Muni National Short
Stock Exchange NASDAQ
Ticker Symbol USMEX
Share Class Institutional Class
Index Bloomberg Municipal Bond 1 Y TR

Performance

USMEX had a total return of 1.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.95%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FMNHXFidelityFidelity Advisor Cnsv Inc Muni Bd Z0.25%
VWSTXVanguardVanguard Ultra Short-Term Tx-Ex0.17%
FCRDXFidelityFidelity Conservative Inc Muni Bd0.35%
FMNGXFidelityFidelity Advisor Cnsv Inc Muni Bd I0.25%
FMNFXFidelityFidelity Advisor Cnsv Inc Muni Bd A0.25%

Other Share Classes

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

SymbolShare ClassExpense Ratio
USMBXClass A0.47%

Top 10 Holdings

27.95% of assets
NameSymbolWeight
LOUISIANA PUB FACS AUTH - Louisiana Public Facilities AuthorityLA.LASFAC 10.01.20433.61%
FAIRFAX CNTY VA REDEV & HSG AUTH - Fairfax County Redevelopment & Housing Authorityn/a2.97%
PORT AUTHORITY OF NEW YORK AND NEW JERSEY - Port Authority of New York & New Jerseyn/a2.94%
NEW YORK ST TWY AUTH - New York State Thruway Authorityn/a2.92%
SOUTH CAROLINA ST PORTS AUTH - South Carolina Ports AuthoritySC.SCSTRN 5.25 07.01.20502.89%
COLORADO (STATE OF) - Colorado State Education Loan Programn/a2.89%
TEXAS WATER DEV BRD - Texas Water Development BoardTX.TXSWTR 5 10.15.20252.77%
BETHLEHEM PA AREA SCH DIST - Bethlehem Area School District AuthorityPA.BETEDU 01.01.20322.55%
WISCONSIN (STATE OF) - State of Wisconsinn/a2.25%
WAYNE CNTY MICH ARPT AUTH - Wayne County Airport Authorityn/a2.17%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.0247Aug 29, 2025
Jul 31, 2025$0.02211Jul 31, 2025
Jun 30, 2025$0.02412Jun 30, 2025
May 30, 2025$0.0269May 30, 2025
Apr 30, 2025$0.02506Apr 30, 2025
Mar 31, 2025$0.02664Mar 31, 2025
Full Dividend History