CNYUX

About CNYUX

Columbia New York Intermediate Municipal Bond Fund Institutional 2 Class is an actively managed municipal bond mutual fund focused on **New York state and city** issuers. Its primary objective is to deliver a high level of current income that is **exempt from federal income tax** and, where possible, from **New York state and city personal income taxes**, while seeking relative stability of principal. The portfolio concentrates in **intermediate‑term** securities, generally targeting an average maturity between **3 and 10 years**, a range designed to balance interest‑rate sensitivity and income generation. The fund invests across New York municipal sectors such as general obligation and revenue bonds that finance essential public projects, providing diversified exposure to the state’s fiscal base. Positioned within the **Muni New York Intermediate** category, it distributes income **monthly** and is offered in an institutional share class structure aimed at cost efficiency for larger or platform-based investors. The strategy plays a role for tax‑aware investors seeking New York‑specific municipal bond exposure with intermediate duration characteristics in a core tax‑exempt fixed income allocation.