Morningstar

Columbia Ultra Short Duration Municipal Bond Fund Class A USMBX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return —  /  —
  • Total Assets 79.1M
  • Adj. Expense Ratio
    0.470%
  • Expense Ratio 0.450%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 2.55%
  • Effective Duration 1.30 years

USD

Morningstar’s Analysis USMBX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Columbia Ultr Sht Dur Muni Bd A 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 USMBX

More USMBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity MuniCash Instl

15.03 12M
Cash and Equivalents

MARYLAND ST 5%

2.65 2M
municipal

FAIRFAX CNTY VA REDEV & HSG AUTH MULTI-FAMILY HSG REV 5%

2.58 2M
municipal

PORT AUTH N Y & N J 5%

2.51 2M
Cash and Equivalents

COLORADO HSG & FIN AUTH 3.1%

2.49 2M
municipal

MINNESOTA ST 5%

2.39 2M
municipal

FALL RIVER MASS 4%

2.00 2M
municipal

PMA LEVY & AID ANTIC NTS PROGRAM WIS 5%

1.93 2M
Cash and Equivalents

WISCONSIN ST 5%

1.90 2M
municipal

MISSOURI ST PUB UTILS COMMN REV 4%

1.89 2M
municipal

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