Skip to Content
Morningstar

Columbia Tax-Exempt Inst2 CADMX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 11.69  /  +0.10 %
  • Total Assets 2.0 Bil
  • Adj. Expense Ratio
    0.520%
  • Expense Ratio 0.520%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.69%
  • Effective Duration 8.82 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:13 PM GMT+0

Morningstar’s Analysis CADMX

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

  • People Pillar

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

Weakness in Columbia Tax-Exempt Inst2'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 portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CADMX

More CADMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV 4%

1.43 30.2 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

1.40 29.5 Mil
municipal

PENNSYLVANIA ST TPK COMMN TPK REV 5.25%

1.23 26.0 Mil
municipal

SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5%

1.21 25.6 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

1.11 23.4 Mil
municipal

MICHIGAN ST TRUNK LINE 5.25%

1.10 23.1 Mil
municipal

PORT PORTLAND ORE ARPT REV 5.5%

1.06 22.4 Mil
municipal

TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5%

1.05 22.2 Mil
municipal

NEW ORLEANS LA AVIATION BRD REV 5%

1.03 21.7 Mil
municipal

ILLINOIS ST 5.5%

1.01 21.2 Mil
municipal