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Morningstar

Columbia Ultr Sht Dur Muni Bd Adv USMDX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return —  /  —
  • Total Assets 97.6 Mil
  • Adj. Expense Ratio
    0.320%
  • Expense Ratio 0.320%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 2.82%
  • Effective Duration —

Morningstar’s Analysis USMDX

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

  • People Pillar

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

Weakness in Columbia Ultr Sht Dur Muni Bd Adv's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings USMDX

More USMDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PLANO TEX INDPT SCH DIST 5%

2.85 3.2 Mil
municipal

CALIFORNIA ST 5%

2.70 3.0 Mil
municipal

TEXAS ST 5%

2.64 3.0 Mil
municipal

ILLINOIS FIN AUTH REV 5%

2.37 2.7 Mil
municipal

CONNECTICUT ST SPL TAX OBLIG REV 5%

2.30 2.6 Mil
municipal

CONNECTICUT ST 5%

2.28 2.6 Mil
municipal

LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV 5%

2.28 2.6 Mil
municipal

SAN ANTONIO TEX ELEC & GAS REV 5%

2.27 2.6 Mil
Cash and Equivalents

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4.822%

2.23 2.5 Mil
municipal

E 470 PUB HWY AUTH COLO REV 3.968%

2.23 2.5 Mil
municipal