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Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Columbia Oregon Intermediate Municipal Bond Fund

CORMX | Fund

$11.68

$306 M

2.31%

$0.27

0.59%

Vitals

YTD Return

1.6%

1 yr return

7.2%

3 Yr Avg Return

-0.2%

5 Yr Avg Return

0.7%

Net Assets

$306 M

Holdings in Top 10

18.6%

52 WEEK LOW AND HIGH

$11.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.59%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 5.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Columbia Oregon Intermediate Municipal Bond Fund

CORMX | Fund

$11.68

$306 M

2.31%

$0.27

0.59%

CORMX - Profile

Distributions

  • YTD Total Return 1.6%
  • 3 Yr Annualized Total Return -0.2%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.06%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Columbia Oregon Intermediate Municipal Bond Fund
  • Fund Family Name
    Columbia
  • Inception Date
    Mar 19, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Paul Fuchs

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in municipal securities issued by the State of Oregon and its political subdivisions, agencies, authorities and instrumentalities. The Fund may also invest in securities of other qualified issuers, including issuers located in U.S. territories, commonwealths and possessions, such as Guam, Puerto Rico and the U.S. Virgin Islands, and funds that invest in such securities.These securities pay interest exempt from federal income tax (including the federal alternative minimum tax (AMT)) and Oregon individual income tax. The Fund may invest up to 20% of its net assets in securities that pay interest subject to U.S. federal income tax (including the federal AMT) and Oregon individual income tax.
The Fund normally invests in municipal securities that, at the time of purchase, are rated investment grade or are unrated but determined by the management team to be of comparable quality.The Fund may invest up to 10% of its total assets in debt instruments that, at the time of purchase, are rated below investment grade (commonly referred to as “high yield” investments or “junk” bonds).
While the Fund may invest in securities of any maturity, under normal circumstances, the Fund’s dollar-weighted average maturity will be between three and ten years.
Read More

CORMX - Performance

Return Ranking - Trailing

Period CORMX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -1.9% 26.5% 88.39%
1 Yr 7.2% 2.4% 37.3% 83.94%
3 Yr -0.2%* -9.9% 3.4% 49.76%
5 Yr 0.7%* -6.7% 1104.9% 55.73%
10 Yr 1.7%* -0.8% 248.9% 50.68%

* Annualized

Return Ranking - Calendar

Period CORMX Return Category Return Low Category Return High Rank in Category (%)
2023 1.7% -1.4% 41.0% 80.84%
2022 -8.4% -39.7% 0.3% 22.33%
2021 -1.4% -5.6% 6.9% 90.22%
2020 1.8% -2.6% 310.0% 46.88%
2019 3.3% 0.0% 26.0% 69.81%

Total Return Ranking - Trailing

Period CORMX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -1.9% 26.5% 88.39%
1 Yr 7.2% 2.4% 37.3% 83.94%
3 Yr -0.2%* -9.9% 3.4% 49.76%
5 Yr 0.7%* -6.7% 1104.9% 55.73%
10 Yr 1.7%* -0.8% 248.9% 50.68%

* Annualized

Total Return Ranking - Calendar

Period CORMX Return Category Return Low Category Return High Rank in Category (%)
2023 4.3% -1.3% 41.0% 79.64%
2022 -6.3% -39.7% 1.1% 20.72%
2021 0.8% -4.8% 23761504.0% 70.79%
2020 4.5% -1.5% 17057.9% 25.90%
2019 6.4% 0.2% 3514.6% 53.60%

NAV & Total Return History

CORMX - Holdings

Concentration Analysis

CORMX Category Low Category High CORMX % Rank
Net Assets 306 M 3.22 M 71.9 B 60.76%
Number of Holdings 200 4 13418 57.27%
Net Assets in Top 10 56.6 M -317 M 3.45 B 60.92%
Weighting of Top 10 18.61% 1.9% 100.1% 46.02%

Top 10 Holdings

  1. Oregon Health Science University 2.54%
  2. City of Portland OR Water System Revenue 2.46%
  3. Tri-County Metropolitan Transportation District of Oregon 2.37%
  4. Oregon Health Science University 1.86%
  5. State of Oregon Department of Transportation 1.77%
  6. Puerto Rico Public Finance Corp 1.73%
  7. Port of Portland OR Airport Revenue 1.64%
  8. Washington Clackamas Yamhill Counties School District No 88J 1.55%
  9. State of Oregon Department of Transportation 1.38%
  10. Hospital Facilities Authority of Multnomah County Oregon 1.32%

Asset Allocation

Weighting Return Low Return High CORMX % Rank
Bonds 		99.76% 0.00% 150.86% 28.18%
Cash 		0.24% -50.86% 43.45% 76.58%
Stocks 		0.00% 0.00% 99.89% 16.31%
Preferred Stocks 		0.00% 0.00% 0.08% 3.12%
Other 		0.00% -3.72% 51.88% 15.39%
Convertible Bonds 		0.00% 0.00% 0.93% 2.27%

Bond Sector Breakdown

Weighting Return Low Return High CORMX % Rank
Municipal 		99.24% 44.39% 100.00% 35.24%
Cash & Equivalents 		0.12% 0.00% 43.45% 47.91%
Corporate 		0.06% 0.00% 9.41% 14.92%
Derivative 		0.00% -3.72% 51.88% 11.55%
Securitized 		0.00% 0.00% 5.93% 4.06%
Government 		0.00% 0.00% 52.02% 9.59%

Bond Geographic Breakdown

Weighting Return Low Return High CORMX % Rank
US 		99.76% 0.00% 142.23% 26.61%
Non US 		0.00% 0.00% 23.89% 7.43%

CORMX - Expenses

Operational Fees

CORMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.01% 8.02% 68.19%
Management Fee 0.47% 0.00% 1.20% 70.09%
12b-1 Fee 0.00% 0.00% 1.00% 0.76%
Administrative Fee N/A 0.01% 0.44% 30.27%

Sales Fees

CORMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

CORMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CORMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 5.00% 0.00% 283.00% 3.98%

CORMX - Distributions

Dividend Yield Analysis

CORMX Category Low Category High CORMX % Rank
Dividend Yield 2.31% 0.00% 14.51% 75.66%

Dividend Distribution Analysis

CORMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

CORMX Category Low Category High CORMX % Rank
Net Income Ratio 2.06% -0.53% 5.33% 44.46%

Capital Gain Distribution Analysis

CORMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

CORMX - Fund Manager Analysis

Managers

Paul Fuchs

Start Date

Tenure

Tenure Rank

Oct 01, 2016

5.67

5.7%

Paul F. Fuchs, CFA, Senior Portfolio Manager of the Columbia Management Investment Advisers, LLC. He joined one of the Columbia Management legacy firms or acquired business lines in 1999. Mr. Fuchs began his investment career in 1990 and earned a B.S. in Finance from the University of Massachusetts and an M.B.A. from Suffolk University.

Deborah Vargo

Start Date

Tenure

Tenure Rank

Dec 29, 2017

4.42

4.4%

Deborah (“Deb”) B. Vargo Senior Portfolio Manager, Municipal Bonds Deb Vargo is a senior municipal fixed income portfolio manager for Columbia Threadneedle Investments. In this role, she manages portfolios for high-net-worth clients. Ms. Vargo joined one of the Columbia Threadneedle Investments legacy firms in 2007. Previously, Ms. Vargo worked as a senior vice president for U.S. Trust, responsible for strategy and trading for all tax-exempt fixed income for New England. In addition, she managed several high-net-worth accounts and a short-intermediate term tax-exempt common trust fund. Prior to that, she was in the institutional fixed-income department at State Street Global Advisors where she was responsible for strategy and management of all tax-exempt portfolios. She has been dedicated to this asset class for more than 30 years. In addition, she worked at Tucker, Anthony & R.L. Day. She has been a member of the investment community since 1984. Ms. Vargo received a B.S. from Boston University.

Anders Myhran

Start Date

Tenure

Tenure Rank

May 01, 2019

3.08

3.1%

Mr. Myhran joined the Investment Manager in 1992. Mr. Myhran began his investment career in 1992 and earned a B.A. in business with majors in finance and quantitative analysis from the University of Wisconsin.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.33 1.58

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