Columbia Ultr Sht Dur Muni Bd Ins (USMEX)
| Fund Assets | 79.11M |
| Expense Ratio | 0.32% |
| Min. Investment | $2,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.70% |
| Dividend Growth | -14.84% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2026 |
| Previous Close | 10.00 |
| YTD Return | 1.30% |
| 1-Year Return | 2.31% |
| 5-Year Return | n/a |
| 52-Week Low | 9.98 |
| 52-Week High | 10.06 |
| Beta (5Y) | n/a |
| Holdings | 79 |
| Inception Date | Jan 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.
Performance
USMEX had a total return of 2.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.28%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| USMBX | Class A | 0.47% |
Top 10 Holdings
27.72% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity MuniCash Instl | MCSXX | 7.59% |
| State of Maryland - MARYLAND ST | MD.MDS 5 08.01.2028 | 2.63% |
| Fairfax County Redevelopment & Housing Authority - FAIRFAX CNTY VA REDEV & HSG AUTH MF HSG REVENUE | VA.FAIMFH 01.01.2045 | 2.53% |
| PORT AUTHORITY OF NEW YORK AND NEW JERSEY | NY.PORTRN 5 09.01.2026 | 2.49% |
| Colorado Housing and Finance Authority - COLORADO ST HSG & FIN AUTH SF MTGE REVENUE | CO.COSHSG 3.1 10.01.2027 | 2.48% |
| State of Minnesota - MINNESOTA ST | MN.MNS 5 09.01.2028 | 2.38% |
| City of Fall River MA - FALL RIVER MA | MA.FAL 4 01.29.2027 | 1.97% |
| State of Wisconsin - WISCONSIN ST | WI.WIS 5 05.01.2027 | 1.91% |
| City of Los Angeles Department of Airports - LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE | CA.LOSAPT 5 05.15.2029 | 1.88% |
| PMA Levy & Aid Anticipation Notes Program - PMA LEVY & AID ANTIC NTS PROGRAM WI | WI.PMANTS 5 09.24.2026 | 1.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2026 | $0.01992 | Jul 31, 2026 |
| Jun 30, 2026 | $0.02144 | Jun 30, 2026 |
| May 29, 2026 | $0.02167 | May 29, 2026 |
| Apr 30, 2026 | $0.02204 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02273 | Mar 31, 2026 |
| Feb 27, 2026 | $0.01869 | Feb 27, 2026 |