Advertisement
Skip to Content
Morningstar

Columbia Tax-Exempt Inst CTEZX

Morningstar Analyst Rating
Quantitative rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 11.95  /  0.16 %
  • Total Assets 2.4 Bil
  • Adj. Expense Ratio
    —
  • Expense Ratio 0.530%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.51%
  • Effective Duration 9.18 years

USD | NAV as of Feb 03, 2023 | 1-Day Return as of Feb 03, 2023, 11:11 PM GMT+00:00

Morningstar’s Analysis CTEZX

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

People Pillar

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

Summary

|

Weakness in Columbia Tax-Exempt Inst's Process and People Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Negative. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

Unlock our full analysis with Morningstar Investor