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Morningstar

Columbia High Yield Municipal A LHIAX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 8.83  /  0.01 %
  • Total Assets 522.8 Mil
  • Adj. Expense Ratio
    0.850%
  • Expense Ratio 0.830%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 4.71%
  • Effective Duration 11.05 years

USD | NAV as of Jun 02, 2023 | 1-Day Return as of Jun 02, 2023, 10:16 PM GMT+0

Morningstar’s Analysis LHIAX

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

Weakness in Columbia High Yield Municipal A's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative. 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

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Portfolio Holdings LHIAX

More LHIAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 261
  • Other Holdings 2
  • % Assets in Top 10 Holdings 13.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

2.24
11,498,960
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

2.04
10,483,578
municipal

CHESAPEAKE VA TOLL RD REV 0%

1.50
7,678,778
municipal

PUERTO RICO ELEC PWR AUTH PWR REV 0%

1.19
6,098,750
municipal

M-S-R ENERGY AUTH CALIF GAS REV 6.5%

1.18
6,076,535
municipal

COLORADO BRDG ENTERPRISE REV 4%

1.08
5,525,756
municipal

SOUTH CAROLINA ST PUB SVCS AUTH REV 4%

1.06
5,464,544
municipal

TOBACCO SETTLEMENT AUTH IOWA TOB SETTLEMENT REV 0%

1.04
5,333,230
municipal

CHICAGO ILL BRD ED 4%

1.00
5,144,482
municipal

NEW JERSEY ST HIGHER ED ASSISTANCE AUTH STUD LN 4.75%

0.98
5,038,776
municipal