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NSMMX Columbia Short Term Muni Bd A

  • Fund
  • NSMMX
  • Price as of: Feb 22, 2017
  • $10.34
  • - $0.00
  • - 0.00%
  • Category
  • National Munis

NSMMX - Profile

Vitals

  • YTD Return 0.5%
  • 3 Yr Annualized Return 0.2%
  • 5 Yr Annualized Return 0.4%
  • Net Assets $1.58 B
  • Holdings in Top 10 11.9%

52 WEEK LOW AND HIGH

$10.34
$10.28
$10.45

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.89%

SALES FEES

  • Front Load 1.00%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 37.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$1,000

Investment Themes

CATEGORY

National Munis
  • Fund Type Open End Mutual Fund
  • Investment Style Muni National Short

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return -0.1%
  • 5 Yr Annualized Total Return 0.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.64%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Columbia Short Term Municipal Bond Fund
  • Fund Family Name Columbia
  • Inception Date Nov 02, 1993
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Catherine M. Stienstra

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 securities that pay interest exempt from 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. Under normal circumstances, the fund's dollar-weighted average maturity will be less than three years.

NSMMX - Performance

Return Ranking - Trailing

Period NSMMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.5% -3.4% 99.4% 25.89% 2
1 Yr -0.2% -5.8% 15.6% 33.71% 2
3 Yr 0.2% * -4.5% 7.0% 92.10% 5
5 Yr 0.4% * -0.7% 5.8% 91.42% 5
10 Yr 1.7% * -0.6% 5.1% 90.58% 5

* Annualized


Return Ranking - Calendar

Period NSMMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -1.0% -8.5% 7.3% 8.11% 1
2015 -0.4% -10.9% 7.2% 36.24% 4
2014 -0.5% -7.7% 12.0% 65.27% 5
2013 -0.5% -11.9% 5.4% 4.95% 1
2012 0.0% -7.1% 10.2% 65.04% 5

Total Return Ranking - Trailing

Period NSMMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.5% -3.0% 99.4% 25.89% 2
1 Yr -1.2% -8.9% 15.6% 51.22% 3
3 Yr -0.1% * -5.4% 7.0% 91.41% 5
5 Yr 0.2% * -1.5% 5.8% 91.60% 5
10 Yr 1.6% * -0.6% 5.1% 91.43% 5

* Annualized


Total Return Ranking - Calendar

Period NSMMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -1.0% -8.2% 7.3% 13.51% 1
2015 -0.4% -9.7% 6.9% 49.91% 4
2014 -0.5% -7.7% 17.0% 69.11% 5
2013 -0.5% -11.9% 5.1% 8.38% 1
2012 0.0% -0.6% 17.8% 70.12% 5

NAV & Total Return History

NSMMX - Holdings

Filings data as of: Dec 31, 2016

Concentration Analysis

NSMMX Category Low Category High NSMMX % Rank Quintile
Net Assets 1.58 B 491 K 50.3 B 12.08% 2
Number of Holdings 380 1 6244 14.19% 3
Net Assets in Top 10 185 M -171 M 1.04 B 10.97% 2
Weighting of Top 10 11.9% 0.0% 100.0% 20.16% 3

Top 10 Holdings

  1. Engy Northwest Wash Elec Rev Rev Ref 5% 1.98%
  2. Dallas Fort Worth Tex Intl Arp Joint 5% 1.43%
  3. New York St Twy Auth 5% 1.39%
  4. Indiana St Fin Auth 1% 1.16%
  5. New York St Urban Dev Corp Rev Income 5% 1.04%
  6. Central Plains Engy Proj Neb Rev Ref 5% 1.02%
  7. Wildwood N J Go Nts 2% 1.01%
  8. Citizens Ppty Ins Corp Fla Senior Se 5% 0.98%
  9. San Antonio Tex Elec & Gas Rev Ref Bd 5% 0.96%
  10. Connecticut St Go Bds 5% 0.94%

Asset Allocation

Weighting Category Low Category High NSMMX % Rank Quintile
Bonds
79.99% 0.00% 202.21% 30.76% 5
Cash
20.01% -110.85% 100.00% 0.81% 1
Stocks
0.00% 0.00% 1.38% 1.29% 3
Preferred Stocks
0.00% 0.00% 12.17% 1.29% 3
Other
0.00% -2.77% 16.17% 6.77% 3
Convertible Bonds
0.00% 0.00% 2.28% 0.81% 3

Bond Sector Breakdown

Weighting Category Low Category High NSMMX % Rank Quintile
Municipal
78.60% 0.00% 123.82% 31.61% 5
Cash & Equivalents
20.01% -110.85% 100.00% 0.81% 1
Government
1.39% -21.87% 117.34% 4.35% 1
Derivative
0.00% -0.47% 5.58% 0.48% 3
Securitized
0.00% 0.00% 20.63% 2.74% 3
Corporate
0.00% 0.00% 32.26% 3.55% 3

Bond Geographic Breakdown

Weighting Category Low Category High NSMMX % Rank Quintile
US
79.99% 0.00% 202.21% 30.81% 5
Non US
0.00% 0.00% 24.39% 0.81% 3

NSMMX - Expenses

Operational Fees

NSMMX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.89% 0.09% 4.60% 15.94% 3
Management Fee 0.42% 0.00% 1.00% 2.58% 3
12b-1 Fee 0.25% 0.00% 1.00% 4.67% 2
Administrative Fee 0.07% 0.00% 0.35% 5.59% 2

Sales Fees

NSMMX Fees (% of AUM) Category Low Category High NSMMX Rank Quintile
Front Load 1.00% 0.50% 5.75% 10.39% 1
Deferred Load N/A 0.50% 5.50% N/A N/A

Trading Fees

NSMMX Fees (% of AUM) Category Low Category High NSMMX Rank Quintile
Max Redemption Fee N/A 0.25% 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.

NSMMX Fees (% of AUM) Category Low Category High NSMMX Rank Quintile
Turnover 37.00% 0.42% 783.51% 7.09% 4

NSMMX - Distributions

Dividend Yield Analysis

NSMMX Category Low Category High NSMMX % Rank Quintile
Dividend Yield 0.1% 0.00% 1.01% 47.31% 5

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

NSMMX Category Low Category High NSMMX % Rank Quintile
Net Income Ratio 0.64% -0.60% 5.26% 45.57% 5

Capital Gain Distribution Analysis

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

NSMMX - Managers

Catherine M. Stienstra

Manager

Start Date

Oct 01, 2012

Tenure

4.34

Tenure Rank

13.0%

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.


Andres Myhran

Manager

Start Date

Apr 15, 2015

Tenure

1.8

Tenure Rank

16.4%

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

0.0

Category High

37.4

Category Average

7.43

Category Mode

2.8