CCAUX

About CCAUX

Columbia Strategic California Municipal Income Fund Class I2 is a mutual fund designed to generate tax-advantaged income for investors through a diversified portfolio of municipal bonds issued primarily within the state of California. The fund targets investments in investment-grade municipal debt, seeking to provide current income that is generally exempt from both federal and California state personal income taxes. With a significant asset size and a long-term orientation, the fund typically invests in bonds with maturities exceeding 12 years, catering especially to California residents looking to optimize after-tax returns. Operated by seasoned managers, the fund carefully manages credit risk while aiming for consistent yields through monthly distributions. Its expense ratio is notably competitive, reflecting an emphasis on cost efficiency for shareholders. The Columbia Strategic California Municipal Income Fund Class I2 serves a vital role in the fixed-income category, appealing to individuals and institutions seeking stability and tax efficiencies in their portfolios while supporting local infrastructure and public-sector projects.