Columbia Strategic California Municipal Income Fund (CLMPX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CLMPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CLMPX
CLMPX charges 0.73% annually. There are 325 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | CLMPX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | CLMPX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | CLMPX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | CLMPX vs FSMUX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | 0.07% | — | Dec 2017 | CLMPX vs FGNSX |
Best Risk-Adjusted Alternatives to CLMPX
CLMPX has a PortfoliosLab risk / return rank of 52. There are 412 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | CLMPX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | CLMPX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | CLMPX vs DFCMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | CLMPX vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | CLMPX vs DFSMX |
Top Performing CLMPX Alternatives (YTD)
CLMPX is at 1.70% YTD. There are 114 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.27% | — | Apr 1998 | CLMPX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 8.40% | — | Nov 2002 | CLMPX vs NRK | |
| Nuveen Virginia Quality Municipal Income Fund | 7.07% | — | Mar 1993 | CLMPX vs NPV | |
| AllianceBernstein National Municipal Income Fund | 6.29% | — | Nov 2001 | CLMPX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.83% | — | Oct 1992 | CLMPX vs MIY |
Lowest Volatility Alternatives to CLMPX
CLMPX has 3.41% 1-year volatility. There are 423 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | CLMPX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | CLMPX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | CLMPX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | CLMPX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | CLMPX vs DFSMX |
Lowest Drawdown Alternatives to CLMPX
CLMPX has a 1-year max drawdown of -3.22%. There are 408 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | CLMPX vs BATVX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | CLMPX vs TFCYX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | CLMPX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | CLMPX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | CLMPX vs FHMIX |
Other Mutual Funds from Columbia
The 10 most viewed Columbia mutual funds shown here include SLMCX, GSFTX, CDDYX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Columbia Seligman Technology and Information Fund | Technology Equities | 97 | 53.04% | — | Jun 1983 | CLMPX vs SLMCX | |
| Columbia Dividend Income Fund | Large Cap Value Equities | 64 | 7.09% | — | Mar 1998 | CLMPX vs GSFTX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | Large Cap Value Equities, Dividend | 64 | 7.15% | — | Nov 2012 | CLMPX vs CDDYX | |
| Columbia Dividend Income Fund Class A | Large Cap Value Equities | 62 | 6.98% | — | Nov 2002 | CLMPX vs LBSAX | |
| Columbia Seligman Global Technology Fund | Technology Equities | 96 | 52.89% | — | May 1994 | CLMPX vs SHGTX | |
| Columbia Global Technology Growth Fund Class A | Technology Equities, Large Cap Growth Equities | 82 | 30.14% | — | Nov 2000 | CLMPX vs CTCAX | |
| Columbia Global Technology Growth Fund | Technology Equities | 83 | 30.27% | — | Nov 2000 | CLMPX vs CMTFX | |
| Columbia Contrarian Core Fund | Large Cap Blend Equities | 59 | 10.41% | — | Dec 1992 | CLMPX vs SMGIX | |
| Columbia Balanced Fund | Diversified Portfolio | 64 | 6.77% | — | Sep 1991 | CLMPX vs CBALX | |
| Columbia Overseas Value Fund | Foreign Large Cap Equities | 43 | 6.90% | — | Mar 2008 | CLMPX vs COSZX |
Often Compared With CLMPX
Investors most often compare CLMPX with FXIEX, FMBIX, MUJ. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 47 | 1.61% | — | Jun 2012 | CLMPX vs FXIEX | |
| Fidelity Municipal Bond Index Fund | Municipal Bonds | — | — | 0.00 | Jul 2019 | CLMPX vs FMBIX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 46 | 5.16% | — | Mar 1998 | CLMPX vs MUJ | |
| Nuveen Pennsylvania Quality Municipal Income | Municipal Bonds | — | — | — | Feb 1991 | CLMPX vs NQP |
Compare CLMPX with Any Fund or Stock
Compare CLMPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CLMPX with funds that move differently
Columbia Strategic California Municipal Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CLMPX.
Explore CLMPX Diversifiers