LNYAX

About LNYAX

Columbia New York Intermediate Municipal Bond Fund Class A is a tax-exempt municipal bond mutual fund focused on generating current income that is generally exempt from federal, New York State, and New York City personal income taxes. It primarily invests in investment-grade municipal securities issued by New York entities, with an intermediate interest-rate profile targeting average maturities between roughly three and ten years to balance income with principal stability. The fund distributes income monthly and is positioned within the Muni New York Intermediate category, emphasizing credit quality while managing duration in the mid-range of the muni curve. It plays a specialized role for investors seeking state-specific tax efficiency and diversified exposure to New York’s municipal market, including sectors such as general obligation and revenue bonds tied to infrastructure, transportation, education, and essential services. The fund’s long operating history and defined mandate make it a reference point for state-focused, intermediate municipal strategies centered on after-tax income preservation and steady cash flow generation.