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Columbia Strat CA Muncpl Inc Inst (CCAZX)

27.09 +0.01 (+0.04%)
At close: 6:06 PM EDT

Fund Summary

The fund normally invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in municipal bonds that pay interest exempt from U.S. federal income tax (including the federal alternative minimum tax) and California individual income tax.

Columbia Strat CA Muncpl Inc Inst

Boston MA 02111
One Financial Center

Fund Overview

Category Muni California Long
Fund Family Columbia Threadneedle
Net Assets 355.94M
YTD Return 5.49%
Yield 3.58%
Morningstar Rating
Inception Date Sep 19, 2005

Fund Operations

Last Dividend 0.74
Last Cap Gain -31.00
Holdings Turnover 24.00%
Average for Category --

Fees & Expenses

Expense CCAZX Category Average
Annual Report Expense Ratio (net) 0.54% 0.79%
Prospectus Net Expense Ratio 0.54% --
Prospectus Gross Expense Ratio 0.57% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 3.72%
Max Deferred Sales Load -- 1.30%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Catherine M. Stienstra, Lead Manager since October 01, 2010
Director and Senior Portfolio Manager of the Columbia Management Investment Advisers, LLC; associated with the Columbia Management Investment Advisers, LLC as an investment professional since 2007. Sector Leader of the Adviser’s Municipal Bond Team from 2007 to 2010. Prior to 2007, Ms. Stienstra was employed by FAF Advisors, Inc. (formerly USBancorp Asset Management) from 1998 to 2007, where she was a Director and Senior Portfolio Manager. Ms. Stienstra began her investment career in 1988 and earned a B.A. from the University of Nebraska.

Morningstar Style Box

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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