RMTCX

About RMTCX

Columbia Minnesota Tax-Exempt Fund Class C is a municipal bond mutual fund designed to provide investors with a high level of income that is generally exempt from both federal and Minnesota state and local income taxes. This fund primarily invests at least 80% of its assets in debt securities issued by Minnesota governmental entities, including both long- and intermediate-term municipal bonds, making it particularly appealing to Minnesota residents seeking tax-advantaged income. The fund focuses on generating stable, tax-efficient returns through diversified exposure to the Minnesota municipal bond market. By targeting bonds with intermediate and longer maturities, it aims to deliver competitive yields relative to other municipal bond funds, while also considering credit quality and interest rate risk. Columbia Minnesota Tax-Exempt Fund Class C plays an important role for investors looking to preserve capital and sustain income without incurring substantial tax liabilities, and is commonly used within diversified income or conservative portfolios, especially for those prioritizing tax efficiency in the state of Minnesota.