CATZX

About CATZX

The Columbia Strategic Municipal Income Fund Institutional Class is a municipal bond mutual fund designed to provide total return, emphasizing income that is exempt from federal income tax alongside capital appreciation. Managed by Columbia Threadneedle since its inception in 2010, this fund primarily invests in high- and medium-quality municipal bonds issued by state and local governments across the United States. At least 80% of its assets are held in debt instruments whose interest is generally free from federal taxation, appealing to investors seeking tax-advantaged income. The portfolio is well-diversified, containing hundreds of holdings that span various states, sectors, and maturities, with a notable portion allocated to long-duration bonds. The fund is categorized as “Muni National Long” reflecting its strategy of targeting securities with longer durations and maturities, often exceeding 12 years. Its risk profile is managed by distributing investments across different quality tiers and geographies, while the fund’s income potential is enhanced by the steep municipal yield curve. With a competitive expense ratio and institutional share structure, the Columbia Strategic Municipal Income Fund serves as a core option for investors seeking stable, tax-exempt income and long-term municipal market exposure within the fixed income landscape.