CADOX Fees and Costs — Columbia Minnesota Tax-Exempt Fund, Institutional 2 Class
Data updated: 2026-09-28
The net expense ratio is 0.56%: a 0.47% management fee plus 0.09% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 13%.
CADOX Fees and Expenses
Annual operating expenses and sales charges of CADOX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.56% |
| Fee waiver | — |
| Net expense ratio | 0.56% |
| 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 | No |
| Waived fees subject to recoupment | No |
CADOX Costs Over Time
On $10,000 invested in CADOX, assuming 5% a year before costs, total costs come to $353 over 5 years, cutting the return by 0.59% 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 0.56%) | $59 | $184 | $321 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $59 | $193 | $353 |
| Value after costs | $10,441 | $11,383 | $12,409 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
CADOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $150.0M
- Portfolio turnover (prospectus): 13%
- Securities lending: none during the year
CADOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| First Tennessee Bank | $34.4M | 27.65% |
| Wells Fargo | $28.3M | 22.77% |
| Bank of America NA | $11.8M | 9.48% |
| JPMorgan | $11.0M | 8.84% |
| Piper Sandler & Co. | $10.2M | 8.18% |
| Barclays | $8.7M | 7.01% |
| Robert W Baird & Co Incorporated | $6.4M | 5.15% |
| Truist Securities, Inc. | $5.0M | 3.98% |
| Colliers Securities LLC | $4.6M | 3.73% |
| RBC Capital Markets | $4.0M | 3.21% |
Columbia Minnesota Tax-Exempt Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CMNYX | Institutional 3 Class | 0.51% | none |
| CADOX | Institutional 2 Class | 0.56% | none |
| CMNZX | Institutional Class | 0.56% | none |
| IMNTX | Class A | 0.81% | 3.00% |
| RMTCX | Class C | 1.56% | none |
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.