LITAX Fees and Costs — Columbia Intermediate Duration Municipal Bond Fund, Class A
Data updated: 2026-09-28
The net expense ratio is 0.60%: a 0.47% management fee, a 0.20% 12b-1 fee plus 0.13% other expenses, less a 0.20% fee waiver. This share class carries a maximum front-end sales load of 3.00% and a deferred sales charge of up to 0.75%. Portfolio turnover was 16%.
LITAX Fees and Expenses
Annual operating expenses and sales charges of LITAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.20% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.80% |
| Fee waiver | −0.20% |
| Net expense ratio | 0.60% |
| Sales charges | |
|---|---|
| Max front load | 3.00% |
| Max deferred load | 0.75% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
LITAX Costs Over Time
On $10,000 invested in LITAX, assuming 5% a year before costs, total costs come to $750 over 5 years, cutting the return by 1.26% 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 | $376 | $300 | $300 |
| Fund expenses (net expense ratio 0.60%) | $61 | $191 | $333 |
| Lost growth on money paid in costs | $15 | $57 | $116 |
| Total costs | $452 | $548 | $750 |
| Value after costs | $10,048 | $11,028 | $12,013 |
| Impact on return, per year | 4.52% | 1.68% | 1.26% |
LITAX 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): $490.4M
- Portfolio turnover (prospectus): 16%
- Securities lending: none during the year
LITAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $141.8M | 31.66% |
| Goldman Sachs | $93.9M | 20.97% |
| Wells Fargo | $51.6M | 11.53% |
| Morgan Stanley | $48.7M | 10.88% |
| RBC Capital Markets | $29.6M | 6.61% |
| Piper Sandler & Co. | $27.3M | 6.09% |
| Bank of America NA | $20.7M | 4.62% |
| Zions Bancorporation, N.A. | $12.0M | 2.69% |
| TD Securities (USA) LLC | $11.4M | 2.55% |
| Jefferies LLC | $10.7M | 2.40% |
Columbia Intermediate Duration 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 |
|---|---|---|---|
| CIMYX | Institutional 3 Class | 0.30% | none |
| CTMRX | Institutional 2 Class | 0.34% | none |
| SETDX | Class S | 0.40% | none |
| SETMX | Institutional Class | 0.40% | none |
| LITAX | Class A | 0.60% | 3.00% |
| LITCX | Class C | 1.20% | 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.