C000029833 Fees and Costs — Columbia Virginia Intermediate Municipal Bond Fund, Class A
Data updated: 2023-07-12
The net expense ratio is 0.81%: a 0.47% management fee, a 0.25% 12b-1 fee plus 0.18% other expenses, less a 0.09% fee waiver. This share class carries a maximum front-end sales load of 3.00% and a deferred sales charge of up to 0.75%. Portfolio turnover was 11%.
C000029833 Fees and Expenses
Annual operating expenses and sales charges of C000029833. Prospectus, as of August 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.90% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.81% |
| Sales charges | |
|---|---|
| Max front load | 3.00% |
| Max deferred load | 0.75% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000029833 Costs Over Time
On $10,000 invested in C000029833, assuming 5% a year before costs, total costs come to $876 over 5 years, cutting the return by 1.48% 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 | $376 | $300 | $300 |
| Fund expenses (net expense ratio 0.81%) | $82 | $258 | $448 |
| Lost growth on money paid in costs | $15 | $60 | $128 |
| Total costs | $473 | $618 | $876 |
| Value after costs | $10,027 | $10,958 | $11,887 |
| Impact on return, per year | 4.73% | 1.90% | 1.48% |
C000029833 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $117.4M
- Portfolio turnover (prospectus): 11%
- Securities lending: none during the year
C000029833 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $17.3M | 23.82% |
| Barclays | $9.3M | 12.82% |
| Wells Fargo Securities LLC | $9.2M | 12.72% |
| Raymond James & Associates Inc | $6.7M | 9.19% |
| Siebert Cisneros Shank & Co LLC | $6.2M | 8.55% |
| Davenport & Company LLC | $5.4M | 7.43% |
| Hilltop Securities Inc | $5.3M | 7.28% |
| SumRidge Partners LLC | $4.9M | 6.77% |
| Samuel A Ramirez & Company Inc | $4.4M | 6.12% |
| Headlands Tech Global Markets, LLC | $3.9M | 5.31% |
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.