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Morningstar

Columbia Massachusetts Itmt MuncplBd C LMICX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 9.36  /  0.10 %
  • Total Assets 111.0 Mil
  • Adj. Expense Ratio
    1.260%
  • Expense Ratio 1.260%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Muni Massachusetts
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 2.03%
  • Effective Duration 4.79 years

USD | NAV as of Sep 26, 2023 | 1-Day Return as of Sep 26, 2023, 10:21 PM GMT+0

Morningstar’s Analysis LMICX

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

People Pillar

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

Weakness in Columbia Massachusetts Itmt MuncplBd C'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-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LMICX

More LMICX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 83
  • Other Holdings 3
  • % Assets in Top 10 Holdings 26.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 0%

3.03
3,649,366
municipal

MASSACHUSETTS ST COLLEGE BLDG AUTH PROJ REV 0%

2.85
3,442,926
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

2.68
3,231,080
municipal

MASSACHUSETTS ST 5%

2.67
3,215,658
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

2.65
3,202,025
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

2.63
3,167,877
municipal

MASSACHUSETTS ST 5.5%

2.58
3,115,987
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

2.57
3,096,970
municipal

MASSACHUSETTS ST HEALTH & EDL FACS AUTH 5.5%

2.55
3,075,955
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

2.46
2,969,219
municipal