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Morningstar

Columbia High Yield Municipal C CHMCX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 8.96  /  +0.46 %
  • Total Assets 481.4 Mil
  • Adj. Expense Ratio
    1.420%
  • Expense Ratio 1.420%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.68%
  • Effective Duration 10.20 years

USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:14 PM GMT+0

Morningstar’s Analysis CHMCX

Will CHMCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CHMCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CHMCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CHMCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Columbia High Yield Municipal C's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings CHMCX

More CHMCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

2.82 14.0 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

1.79 8.9 Mil
municipal

CHESAPEAKE VA TOLL RD REV 4.875%

1.57 7.8 Mil
municipal

TOBACCO SETTLEMENT AUTH IOWA TOB SETTLEMENT REV 0%

1.40 7.0 Mil
municipal

M-S-R ENERGY AUTH CALIF GAS REV 6.5%

1.31 6.5 Mil
municipal

SOUTH CAROLINA ST PUB SVCS AUTH REV 4%

1.14 5.6 Mil
municipal

CHICAGO ILL BRD ED 4%

1.09 5.4 Mil
municipal

COLORADO BRDG ENTERPRISE REV 4%

1.05 5.2 Mil
municipal

CHICAGO ILL BRD ED 5%

1.02 5.1 Mil
municipal

FLORIDA DEV FIN CORP EDL FACS REV 6.125%

1.01 5.0 Mil
municipal