CTMRX

About CTMRX

Columbia Intermediate Duration Municipal Bond Fund Institutional 2 Class is an actively managed municipal bond mutual fund focused on delivering federally tax‑exempt income while seeking to preserve capital. The strategy primarily invests in investment‑grade securities issued by state and local governments to finance public projects, positioning the portfolio in the intermediate part of the yield curve to balance income and interest‑rate risk. The fund is classified in the muni national intermediate category, which typically targets portfolio durations of about four to six years and diversifies across states and sectors to moderate credit and geographic risk. Management employs a research‑driven approach with attention to duration positioning and curve structure, reflecting a disciplined view on municipal market dynamics. As an Institutional 2 share class, it is designed for cost‑efficient access by large or advisory‑led investors, with competitive net expenses supported by contractual fee waivers through early 2026 as disclosed in fund materials. In the market, the fund serves investors seeking tax‑advantaged income and measured rate sensitivity relative to longer‑duration municipal strategies, while participating in broad municipal credit exposure.