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NMDMX Columbia AMT-Free MD Interm Muni Bd A

  • Fund
  • NMDMX
  • Price as of: Nov 17, 2017
  • $10.68
  • - $0.00
  • - 0.00%
  • Category
  • Single State Municipal Bonds

NMDMX - Profile

Vitals

  • YTD Return 1.8%
  • 3 Yr Annualized Return 2.0%
  • 5 Yr Annualized Return 1.8%
  • Net Assets $70.4 M
  • Holdings in Top 10 34.0%

52 WEEK LOW AND HIGH

$10.68
$10.39
$10.78

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.01%

SALES FEES

  • Front Load 3.00%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$1,000

Investment Themes

CATEGORY

Single State Municipal Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Muni Single State Interm

Distributions

  • YTD Total Return 1.8%
  • 3 Yr Annualized Total Return 1.0%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.50%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Columbia AMT-Free Maryland Intermediate Muni Bond Fund
  • Fund Family Name Columbia
  • Inception Date Aug 31, 1990
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Brian M. McGreevy

Fund Description

The fund normally invests at least 80% of its net assets in securities that pay interest exempt from U.S. federal income tax and Maryland individual income tax. These securities are issued by or on behalf of the State of Maryland and its political subdivisions, agencies, authorities and instrumentalities. It may invest up to 20% of its net assets in securities that pay interest subject to taxation. The fund will not invest in securities that pay interest subject to the federal AMT. It is non-diversified.

NMDMX - Performance

Return Ranking - Trailing

Period NMDMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.8% -22.9% 6.0% 21.85% 2
1 Yr 0.2% -8.5% 11.9% 65.53% 4
3 Yr 2.0% * -1.6% 8.2% 60.57% 4
5 Yr 1.8% * -1.4% 7.1% 63.46% 4
10 Yr 3.2% * 0.1% 5.8% 69.16% 4

* Annualized


Return Ranking - Calendar

Period NMDMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -2.5% -4.9% 0.6% 23.35% 2
2015 -1.1% -7.9% 7.9% 53.09% 5
2014 2.6% -7.6% 15.6% 65.31% 5
2013 -4.7% -20.2% 6.4% 9.41% 1
2012 1.1% -0.9% 13.5% 67.30% 5

Total Return Ranking - Trailing

Period NMDMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.8% -22.9% 6.0% 21.85% 2
1 Yr -2.8% -12.9% 8.6% 71.19% 4
3 Yr 1.0% * -2.2% 8.2% 75.30% 4
5 Yr 1.2% * -1.8% 7.1% 76.77% 4
10 Yr 2.9% * 0.1% 5.8% 77.79% 4

* Annualized


Total Return Ranking - Calendar

Period NMDMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -2.5% -4.9% 0.7% 25.95% 2
2015 -1.1% -7.9% 7.6% 57.82% 5
2014 2.6% -7.6% 17.8% 68.95% 5
2013 -4.7% -20.2% 6.4% 12.20% 1
2012 1.1% -0.6% 13.5% 71.34% 5

NAV & Total Return History

NMDMX - Holdings

Filings data as of: Jun 30, 2017

Concentration Analysis

NMDMX Category Low Category High NMDMX % Rank Quintile
Net Assets 70.4 M 2.11 M 16 B 38.86% 5
Number of Holdings 63 18 3653 20.56% 5
Net Assets in Top 10 24.4 M -6.62 M 2.6 B 31.43% 4
Weighting of Top 10 34.0% 3.8% 73.5% 8.73% 1

Top 10 Holdings

  1. Washington D C Met Area Tran A Rev 5.25% 4.51%
  2. Maryland St Econ Dev Corp Ref Lease 4.5% 4.26%
  3. Frederick Cnty Md Pub Facs 5.25% 4.07%
  4. Frederick Cnty Md Spl Obl Spl Oblig 5% 3.84%
  5. Maryland Econ Dev Corp Pol Rev Ref 6.2% 3.78%
  6. Montgomery Cnty Md Rev Rev Bds 5% 3.05%
  7. Maryland St Stad Auth 5% 3.00%
  8. Maryland St Health & Higher Ed Medsta 5% 2.57%
  9. Anne Arundel Cnty Md Go Bds 0.14% 2.55%
  10. Maryland St Health & Higher Ed Rev Bd 5% 2.40%

Asset Allocation

Weighting Category Low Category High NMDMX % Rank Quintile
Bonds
100.00% 0.00% 103.74% 2.42% 1
Stocks
0.00% 0.00% 0.75% 0.68% 2
Preferred Stocks
0.00% 0.00% 2.18% 0.39% 2
Other
0.00% -1.95% 23.51% 5.92% 3
Convertible Bonds
0.00% 0.00% 0.00% 0.10% 2
Cash
0.00% -3.74% 99.63% 22.50% 5

Bond Sector Breakdown

Weighting Category Low Category High NMDMX % Rank Quintile
Municipal
100.00% 0.00% 115.24% 3.10% 1
Derivative
0.00% -5.89% 0.00% 0.10% 2
Cash & Equivalents
0.00% -3.74% 99.63% 21.63% 4
Securitized
0.00% 0.00% 0.00% 0.10% 2
Corporate
0.00% 0.00% 5.14% 2.81% 3
Government
0.00% -20.29% 6.50% 3.98% 2

Bond Geographic Breakdown

Weighting Category Low Category High NMDMX % Rank Quintile
US
100.00% 0.00% 109.11% 2.23% 1
Non US
0.00% -10.46% 27.70% 14.06% 4

NMDMX - Expenses

Operational Fees

NMDMX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.01% 0.09% 5.19% 10.77% 3
Management Fee 0.47% 0.00% 1.30% 1.84% 3
12b-1 Fee 0.25% 0.00% 1.00% 2.30% 2
Administrative Fee 0.07% 0.00% 0.33% 4.03% 1

Sales Fees

NMDMX Fees (% of AUM) Category Low Category High NMDMX Rank Quintile
Front Load 3.00% 1.00% 5.75% 3.25% 1
Deferred Load N/A 0.50% 5.50% N/A N/A

Trading Fees

NMDMX Fees (% of AUM) Category Low Category High NMDMX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

Turnover 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.

NMDMX Fees (% of AUM) Category Low Category High NMDMX Rank Quintile
Turnover 20.00% 0.00% 219.00% 5.40% 4

NMDMX - Distributions

Dividend Yield Analysis

NMDMX Category Low Category High NMDMX % Rank Quintile
Dividend Yield 0.3% 0.00% 0.99% 19.08% 3

Dividend Distribution Analysis

NMDMX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

NMDMX Category Low Category High NMDMX % Rank Quintile
Net Income Ratio 2.50% 0.00% 6.13% 16.88% 4

Capital Gain Distribution Analysis

NMDMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

NMDMX - Managers

Brian M. McGreevy

Manager

Start Date

Jun 06, 2011

Tenure

6.32

Tenure Rank

10.0%

Mr. McGreevy is a portfolio manager of Columbia Management Investment Advisor LLC. From 1994 until joining Columbia in May 2010, Mr. McGreevy was associated with the Fund’s previous investment adviser as an investment professional. Mr. McGreevy began his investment career in 1982 and earned a B.S. from the University of Massachusetts at Dartmouth and a Masters from Harvard University Extension School. Mr. McGreevy began his investment career in 1980.


Paul F. Fuchs

Manager

Start Date

Sep 01, 2016

Tenure

1.08

Tenure Rank

13.9%

Paul F. Fuchs, CFA, Co-manager and Portfolio Manager of the Adviser,Columbia Management Investment Advisers, LLC. From 1999 until joining the Adviser in May 2010, Mr. Fuchs was associated with the Fund’s previous investment adviser as an investment professional. Mr. Fuchs began his investment career in 1994 and earned a B.S. in finance from the University of Massachusetts and an M.B.A. from Suffolk University.


Tenure Analysis

Category Low

0.1

Category High

38.0

Category Average

9.72

Category Mode

0.7