C000032938 Fees and Costs — Columbia Connecticut Intermediate Municipal Bond Fund, Class C
Data updated: 2024-01-12
The net expense ratio is 1.27%: a 0.47% management fee, a 0.70% 12b-1 fee plus 0.21% other expenses, less a 0.12% fee waiver. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 2%.
C000032938 Fees and Expenses
Annual operating expenses and sales charges of C000032938. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.70% |
| Other expenses | 0.21% |
| Gross expense ratio | 1.39% |
| Fee waiver | −0.12% |
| Net expense ratio | 1.27% |
| 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 |
C000032938 Costs Over Time
On $10,000 invested in C000032938, assuming 5% a year before costs, total costs come to $790 over 5 years, cutting the return by 1.33% 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 | $104 | $0 | $0 |
| Fund expenses (net expense ratio 1.27%) | $133 | $415 | $717 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $237 | $435 | $790 |
| Value after costs | $10,263 | $11,141 | $11,973 |
| Impact on return, per year | 2.37% | 1.33% | 1.33% |
C000032938 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $97.2M
- Portfolio turnover (prospectus): 2%
- Securities lending: none during the year
C000032938 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $34.9M | 49.41% |
| Oppenheimer & Co Inc | $7.2M | 10.17% |
| Loop Capital Markets LLC | $6.9M | 9.78% |
| Wells Fargo | $4.0M | 5.70% |
| Morgan Stanley | $3.6M | 5.08% |
| SWBC Investment Services LLC | $3.3M | 4.73% |
| Tradeweb Direct LLC | $3.2M | 4.59% |
| UBS | $2.6M | 3.63% |
| First Tennessee Bank | $2.6M | 3.61% |
| JVB Financial Group | $2.3M | 3.31% |
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.