C000029814 Fees and Costs — Columbia Maryland Intermediate Municipal Bond Fund, Class C
Data updated: 2021-07-13
The net expense ratio is 1.57%: a 0.47% management fee, a 1.00% 12b-1 fee plus 0.24% other expenses, less a 0.15% fee waiver. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 15%.
C000029814 Fees and Expenses
Annual operating expenses and sales charges of C000029814. Prospectus, as of August 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.24% |
| Gross expense ratio | 1.72% |
| Fee waiver | −0.15% |
| Net expense ratio | 1.57% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000029814 Costs Over Time
On $10,000 invested in C000029814, assuming 5% a year before costs, total costs come to $971 over 5 years, cutting the return by 1.65% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.57%) | $165 | $511 | $881 |
| Lost growth on money paid in costs | $0 | $25 | $90 |
| Total costs | $268 | $537 | $971 |
| Value after costs | $10,232 | $11,040 | $11,792 |
| Impact on return, per year | 2.68% | 1.65% | 1.65% |
C000029814 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): $55.4M
- Portfolio turnover (prospectus): 15%
- Securities lending: none during the year
C000029814 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets | $10.5M | 25.28% |
| Barclays | $5.4M | 13.02% |
| Citi | $5.4M | 12.97% |
| Morgan Stanley | $4.3M | 10.27% |
| Piper Jaffray & Co | $3.6M | 8.54% |
| JPMorgan | $3.4M | 8.09% |
| Goldman Sachs | $2.7M | 6.49% |
| SumRidge Partners LLC | $2.4M | 5.74% |
| UBS | $2.0M | 4.83% |
| Mesirow Financial Inc | $2.0M | 4.76% |
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.