NSMMX Fees and Costs — Columbia Short Duration Municipal Bond Fund, Class A
Data updated: 2026-09-28
The net expense ratio is 0.64%: a 0.43% management fee, a 0.25% 12b-1 fee plus 0.17% other expenses, less a 0.22% fee waiver. This share class carries a maximum front-end sales load of 1.00% and a deferred sales charge of up to 0.50%. Portfolio turnover was 22%.
NSMMX Fees and Expenses
Annual operating expenses and sales charges of NSMMX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.43% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.17% |
| Gross expense ratio | 0.86% |
| Fee waiver | −0.22% |
| Net expense ratio | 0.64% |
| Sales charges | |
|---|---|
| Max front load | 1.00% |
| Max deferred load | 0.50% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
NSMMX Costs Over Time
On $10,000 invested in NSMMX, assuming 5% a year before costs, total costs come to $527 over 5 years, cutting the return by 0.88% 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 | $152 | $100 | $100 |
| Fund expenses (net expense ratio 0.64%) | $67 | $208 | $363 |
| Lost growth on money paid in costs | $5 | $26 | $64 |
| Total costs | $223 | $334 | $527 |
| Value after costs | $10,277 | $11,242 | $12,236 |
| Impact on return, per year | 2.23% | 1.02% | 0.88% |
NSMMX 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): $209.0M
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
NSMMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $79.2M | 46.20% |
| BofA Securities, Inc. | $28.9M | 16.85% |
| Wells Fargo Securities, LLC | $12.3M | 7.17% |
| Jefferies LLC | $11.0M | 6.41% |
| Morgan Stanley & Co. LLC | $9.2M | 5.39% |
| Stifel, Nicolaus & Company, Incorporated | $9.1M | 5.30% |
| Barclays Capital Inc. | $7.2M | 4.17% |
| Oppenheimer & Co. Inc. | $5.0M | 2.92% |
| RBC Capital Markets, LLC | $4.8M | 2.80% |
| Raymond James & Associates, Inc. | $4.7M | 2.77% |
Columbia Short 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 |
|---|---|---|---|
| CSMYX | Institutional 3 Class | 0.32% | none |
| CNNRX | Institutional 2 Class | 0.35% | none |
| NSMDX | Class S | 0.39% | none |
| NSMIX | Institutional Class | 0.39% | none |
| NSMMX | Class A | 0.64% | 1.00% |
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.