Columbia Massachusetts Intermediate Municipal Bond Fund

Scorecard
1 / 5 Stars
Lipper
1 1 3 3 3
Zacks Investment Research
2 (Buy)
Standard & Poor's
1 / 5 Stars
TheStreet.com
C+ (Hold)

U.S. News evaluated 18 Muni Massachusetts Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned -1.30 percent over the past year, 3.07 percent over the past three years, 3.31 percent over the past five years, and 2.52 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 2.2%
1 Year -1.3%
3 Years (Annualized) 3.1%
5 Years (Annualized) 3.3%
10 Years (Annualized) 2.5%

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Summary

The investment seeks as high a level of current interest income exempt from federal income tax and from Massachusetts individual income tax, as is consistent with relative stability of principal. The fund normally invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in municipal securities that pay interest exempt from U.S. federal income tax (including the federal alternative minimum tax) and Massachusetts individual income tax. It normally invests at least 80% of total assets in municipal securities that are rated investment grade. The fund is non-diversified.

Fees

Fees are High compared to funds in the same category.
Columbia Massachusetts Intermediate Municipal Bond Fund has an expense ratio of 1.53 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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