Morningstar

Columbia Short Duration Municipal Bond Fund Institutional Class NSMIX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 10.18  /  −0.10 %
  • Total Assets 259.2M
  • Adj. Expense Ratio
    0.400%
  • Expense Ratio 0.390%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 2.92%
  • Effective Duration 2.53 years

USD | NAV as of Jul 21, 2026 | 1-Day Return as of Jul 21, 2026, 12:11 AM GMT+0

Morningstar’s Analysis NSMIX

Will NSMIX outperform in the 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 NSMIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Columbia Short Dur Municipal Bond Inst holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings NSMIX

More NSMIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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

2.13 5M
municipal

PORT AUTH N Y & N J 5%

2.08 5M
municipal

NEW JERSEY ST HIGHER ED ASSISTANCE AUTH STUD LN 5%

1.70 4M
municipal

HOUSTON TEX ARPT SYS REV 5%

1.43 4M
municipal

NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%

1.40 4M
municipal

LOS ANGELES CALIF UNI SCH DIST 5%

1.31 3M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%

1.28 3M
municipal

WASHINGTON ST HEALTH CARE FACS AUTH REV 5%

1.28 3M
municipal

PORT AUTH N Y & N J 5%

1.27 3M
municipal

INDIANA ST FIN AUTH ENVIRONMENTAL REV 4%

1.23 3M
municipal

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