CCAUX Fees and Costs — Columbia Strategic California Municipal Income Fund, Institutional 2 Class
Data updated: 2026-09-28
The net expense ratio is 0.51%: a 0.47% management fee plus 0.10% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 20%.
CCAUX Fees and Expenses
Annual operating expenses and sales charges of CCAUX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.57% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.51% |
| 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 |
CCAUX Costs Over Time
On $10,000 invested in CCAUX, assuming 5% a year before costs, total costs come to $322 over 5 years, cutting the return by 0.54% 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 0.51%) | $54 | $168 | $293 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $54 | $176 | $322 |
| Value after costs | $10,446 | $11,400 | $12,441 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
CCAUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $203.4M
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
CCAUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $74.0M | 42.27% |
| Morgan Stanley | $23.1M | 13.21% |
| Barclays | $17.8M | 10.16% |
| Bank of America NA | $11.7M | 6.66% |
| Goldman Sachs | $10.1M | 5.80% |
| Wells Fargo | $9.8M | 5.58% |
| Herbert J Sims & Co Inc | $9.3M | 5.32% |
| Piper Sandler & Co. | $8.9M | 5.09% |
| Ice Bond Securities | $5.3M | 3.01% |
| Jefferies LLC | $5.1M | 2.91% |
Columbia Strategic California Municipal Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CCXYX | Institutional 3 Class | 0.48% | none |
| CCAUX | Institutional 2 Class | 0.51% | none |
| CCAZX | Institutional Class | 0.54% | none |
| CLMPX | Class A | 0.74% | 3.00% |
| CCAOX | Class C | 1.24% | 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.