Skip to Content
Morningstar

Columbia Minnesota Tax-Exempt A IMNTX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 19.17  /  −0.35 %
  • Total Assets 515.3 Mil
  • Adj. Expense Ratio
    0.800%
  • Expense Ratio 0.800%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Muni Minnesota
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.07%
  • Effective Duration 8.47 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0

Morningstar’s Analysis IMNTX

Will IMNTX 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 IMNTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the IMNTX 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 IMNTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Columbia Minnesota Tax-Exempt A's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings IMNTX

More IMNTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ROCHESTER MINN HEALTH CARE FACS REV 5%

2.78 14.5 Mil
municipal

ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV 4%

2.09 10.9 Mil
municipal

ROSEVILLE MINN INDPT SCH DIST NO 623 4%

2.00 10.4 Mil
municipal

BRAINERD MINN INDPT SCH DIST NO 181 4%

1.97 10.2 Mil
municipal

MAPLE GROVE MINN HEALTH CARE FACS REV 4%

1.95 10.2 Mil
municipal

SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 0%

1.79 9.3 Mil
municipal

MINNESOTA ST HIGHER ED FACS AUTH REV 5%

1.60 8.3 Mil
municipal

CHIPPEWA CNTY MINN GROSS REV 4%

1.46 7.6 Mil
municipal

MINNESOTA ST 4%

1.40 7.3 Mil
municipal

MINNEAPOLIS MINN HEALTH CARE SYS REV 4%

1.32 6.9 Mil
municipal