Skip to Content
Morningstar

Columbia California Itmt Muncpl Bd A NACMX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 9.64  /  0.01 %
  • Total Assets 304.0 Mil
  • Adj. Expense Ratio
    0.730%
  • Expense Ratio 0.730%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Muni California Intermediate
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 2.40%
  • Effective Duration 4.76 years

USD | NAV as of Sep 20, 2023 | 1-Day Return as of Sep 20, 2023, 10:21 PM GMT+0

Morningstar’s Analysis NACMX

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

People Pillar

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

Weakness in Columbia California Itmt Muncpl Bd A's People and Process 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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings NACMX

More NACMX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 239
  • Other Holdings 2
  • % Assets in Top 10 Holdings 13.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA ST PUB WKS BRD LEASE REV 5%

1.89
5,902,041
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

1.52
4,741,012
municipal

LOS ANGELES CALIF UNI SCH DIST 5%

1.44
4,497,248
municipal

GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5%

1.34
4,176,479
municipal

GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5%

1.31
4,088,042
municipal

LOS ANGELES CALIF DEPT WTR & PWR REV 5%

1.26
3,956,543
municipal

LOS ANGELES CALIF DEPT ARPTS REV 5%

1.19
3,713,501
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

1.15
3,590,364
municipal

CALIFORNIA SCH FIN AUTH SCH FAC REV 5%

1.14
3,560,698
municipal

FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 0%

1.11
3,483,913
municipal