Skip to Content
Morningstar

Columbia Tax-Exempt A COLTX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 11.23  /  0.17 %
  • Total Assets 2.1 Bil
  • Adj. Expense Ratio
    0.730%
  • Expense Ratio 0.730%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.53%
  • Effective Duration 8.98 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:15 PM GMT+0

Morningstar’s Analysis COLTX

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

People Pillar

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

Weakness in Columbia 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

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

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings COLTX

More COLTX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 475
  • Other Holdings 3
  • % Assets in Top 10 Holdings 11.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV 4%

1.33
29,179,128
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

1.20
26,395,874
municipal

PENNSYLVANIA ST TPK COMMN TPK REV 5.25%

1.19
26,184,625
municipal

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

1.14
25,136,351
municipal

PENNSYLVANIA ECONOMIC DEV FING AUTH REV 5%

1.12
24,507,303
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

1.06
23,317,723
municipal

PORT PORTLAND ORE ARPT REV 5.5%

1.01
22,237,854
municipal

VIRGINIA SMALL BUSINESS FING AUTH PRIVATE ACTIVITY REV 5%

1.00
21,935,478
municipal

NEW ORLEANS LA AVIATION BRD REV 5%

0.99
21,702,102
municipal

ILLINOIS ST 5.5%

0.95
20,958,201
municipal