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Columbia Short Duration Municipal Bond Fund (NSMMX)

10.06
+0.01
+(0.10%)
As of 8:09:20 AM EDT. Market Open.

Fund Summary

Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in securities that pay interest exempt from U.S. federal income tax (but not necessarily the federal alternative minimum tax). It generally invests in securities that, at the time of purchase, are rated investment grade or are unrated but determined to be of comparable quality. The fund’s portfolio duration normally ranges from one to four years.

Columbia Short Duration Municipal Bond Fund

Boston MA 02111
One Financial Center

Fund Overview

Category Muni National Short
Fund Family Columbia Threadneedle
Net Assets 296.29M
YTD Return 0.86%
Yield 2.58%
Morningstar Rating
Inception Date Oct 07, 1993

Fund Operations

Last Dividend 0.07
Last Cap Gain -8.00
Holdings Turnover 22.00%
Average for Category --

Fees & Expenses

Expense NSMMX Category Average
Annual Report Expense Ratio (net) 0.65% 0.60%
Prospectus Net Expense Ratio 0.65% --
Prospectus Gross Expense Ratio 0.84% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 2.24%
Max Deferred Sales Load -- 1.03%
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, 2012
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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