CTEZX Fees and Costs — Columbia Total Return Municipal Income Fund, Institutional Class
Data updated: 2026-09-28
The net expense ratio is 0.55%: a 0.46% management fee plus 0.09% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 19%.
CTEZX Fees and Expenses
Annual operating expenses and sales charges of CTEZX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.46% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| 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 |
CTEZX Costs Over Time
On $10,000 invested in CTEZX, assuming 5% a year before costs, total costs come to $347 over 5 years, cutting the return by 0.58% 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 0.55%) | $58 | $181 | $315 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $58 | $190 | $347 |
| Value after costs | $10,442 | $11,386 | $12,416 |
| Impact on return, per year | 0.58% | 0.58% | 0.58% |
CTEZX 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): $1.5B
- Portfolio turnover (prospectus): 19%
- Securities lending: none during the year
CTEZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $327.4M | 25.77% |
| Piper Sandler & Co. | $218.0M | 17.16% |
| Wells Fargo | $196.7M | 15.49% |
| Morgan Stanley | $134.9M | 10.62% |
| Goldman Sachs | $110.6M | 8.70% |
| RBC Capital Markets | $97.6M | 7.68% |
| Bank of America NA | $62.1M | 4.89% |
| Jefferies LLC | $45.9M | 3.61% |
| Barclays | $41.7M | 3.28% |
| Samuel A Ramirez & Company Inc | $35.5M | 2.79% |
Columbia Total Return 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 |
|---|---|---|---|
| CTEYX | Institutional 3 Class | 0.48% | none |
| CADMX | Institutional 2 Class | 0.53% | none |
| CTEDX | Class S | 0.55% | none |
| CTEZX | Institutional Class | 0.55% | none |
| COLTX | Class A | 0.75% | 3.00% |
| COLCX | Class C | 1.35% | 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.