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Morningstar

Columbia Tax-Exempt Inst CTEZX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 11.69  /  +0.01 %
  • Total Assets 2.0 Bil
  • Adj. Expense Ratio
    0.540%
  • Expense Ratio 0.540%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.68%
  • 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 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.

Weakness in Columbia Tax-Exempt Inst'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

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Portfolio Holdings CTEZX

More CTEZX 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