C000029811 Fees and Costs — Columbia Georgia Intermediate Municipal Bond Fund, Institutional Class
Data updated: 2021-07-13
The net expense ratio is 0.57%: a 0.47% management fee plus 0.27% other expenses, less a 0.18% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 21%.
C000029811 Fees and Expenses
Annual operating expenses and sales charges of C000029811. Prospectus, as of August 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.27% |
| Gross expense ratio | 0.75% |
| Fee waiver | −0.18% |
| Net expense ratio | 0.57% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000029811 Costs Over Time
On $10,000 invested in C000029811, assuming 5% a year before costs, total costs come to $360 over 5 years, cutting the return by 0.60% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.57%) | $60 | $188 | $327 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $197 | $360 |
| Value after costs | $10,440 | $11,379 | $12,403 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
C000029811 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $47.2M
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
C000029811 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Davenport & Company LLC | $7.2M | 21.06% |
| Barclays | $4.8M | 14.01% |
| JPMorgan | $3.9M | 11.50% |
| Fifth Third Securities Inc | $3.7M | 10.72% |
| Stifel Nicolaus | $3.1M | 9.13% |
| Wells Fargo Securities LLC | $2.8M | 8.31% |
| SumRidge Partners LLC | $2.7M | 7.84% |
| Piper Jaffray & Co | $2.3M | 6.63% |
| Middlegate Securities LTD | $1.9M | 5.62% |
| Raymond James & Associates Inc | $1.8M | 5.18% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.