Guide to Columbia AMT-Free OR Intermediate Municipal Bond Z Fund (CMBFX)
Columbia AMT-Free OR Intermediate Municipal Bond Z (CMBFX) a Zacks Rank #3 (Hold) invests at least 80% of its net assets in municipal securities issued by the state of Oregon. Normally, the fund invests in Oregon municipal securities rated investment grade by a securities rating agency.
The Columbia AMT-Free OR Intermediate Municipal Bond Z fund, managed by Columbia, carries an expense ratio of 0.59%. Moreover, CMBFX requires a minimal initial investment of $2,000.
CMBFX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 2.37% and 5 year 2.09%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
CMBFX’s performance, as of the last filing, when compared to funds in its category was in the top 35% in 1 year.
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