CNBRX Fees and Costs — Columbia California Intermediate Municipal Bond Fund, Institutional 2 Class
Data updated: 2026-09-28
The net expense ratio is 0.47%: a 0.47% management fee plus 0.11% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 12%.
CNBRX Fees and Expenses
Annual operating expenses and sales charges of CNBRX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.58% |
| Fee waiver | −0.11% |
| Net expense ratio | 0.47% |
| 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 |
CNBRX Costs Over Time
On $10,000 invested in CNBRX, assuming 5% a year before costs, total costs come to $297 over 5 years, cutting the return by 0.49% 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 0.47%) | $49 | $155 | $270 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $49 | $162 | $297 |
| Value after costs | $10,451 | $11,414 | $12,466 |
| Impact on return, per year | 0.49% | 0.49% | 0.49% |
CNBRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $124.4M
- Portfolio turnover (prospectus): 12%
- Securities lending: none during the year
CNBRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $33.0M | 31.23% |
| Morgan Stanley & Co. LLC | $22.5M | 21.28% |
| Wells Fargo Securities, LLC | $17.1M | 16.19% |
| Goldman Sachs & Co. LLC | $9.4M | 8.91% |
| Piper Sandler & Co. | $4.6M | 4.39% |
| Stifel, Nicolaus & Company, Incorporated | $4.6M | 4.35% |
| Oppenheimer & Co. Inc. | $4.5M | 4.28% |
| Stonex Financial Inc. | $4.0M | 3.81% |
| Raymond James & Associates, Inc. | $3.2M | 3.06% |
| Jefferies LLC | $2.6M | 2.50% |
Columbia California Intermediate Municipal Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CCBYX | Institutional 3 Class | 0.42% | none |
| CNBRX | Institutional 2 Class | 0.47% | none |
| NCMAX | Institutional Class | 0.48% | none |
| NCMDX | Class S | 0.48% | none |
| NACMX | Class A | 0.73% | 3.00% |
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.