Columbia Tax-Exempt Fund (COLTX)
Under normal circumstances, the fund invests at least 80% of its total net assets (including the amount of any borrowings for investment purposes) in bonds that pay interest exempt from federal income tax (including the federal alternative minimum tax). It invests at least 65% of its total assets in tax-exempt bonds that, at the time of purchase, are rated investment grade or are unrated but determined to be of comparable quality. The fund may invest in bonds of any maturity.
Fund Info
US19765L8506
19765L850
Nov 20, 1978
$2,000
Expense Ratio
COLTX has an expense ratio of 0.73%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Columbia Tax-Exempt Fund (COLTX) returned -3.12% year-to-date (YTD) and 1.38% over the past 12 months. Over the past 10 years, COLTX returned 1.70% annually, underperforming the S&P 500 benchmark at 10.84%.
COLTX
-3.12%
-0.39%
-4.40%
1.38%
1.26%
0.60%
1.70%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of COLTX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.23% | 1.29% | -2.28% | -1.06% | -1.30% | -3.12% | |||||||
| 2024 | 0.14% | 0.11% | 0.22% | -1.31% | 0.16% | 2.31% | 0.95% | 0.81% | 1.54% | -1.60% | 2.06% | -1.85% | 3.50% |
| 2023 | 3.61% | -2.68% | 1.85% | 0.20% | -0.65% | 0.97% | 0.40% | -1.59% | -3.72% | -2.22% | 8.23% | 2.89% | 6.95% |
| 2022 | -2.80% | -0.87% | -3.22% | -3.40% | 0.84% | -2.70% | 3.17% | -2.61% | -4.81% | -1.76% | 6.14% | -0.55% | -12.34% |
| 2021 | 0.89% | -1.47% | 0.75% | 1.11% | 0.67% | 0.51% | 0.88% | -0.51% | -0.88% | -0.15% | 1.03% | 0.16% | 2.99% |
| 2020 | 1.91% | 1.98% | -6.22% | -3.25% | 3.02% | 2.01% | 1.98% | -0.27% | -0.06% | -0.21% | 1.89% | 0.94% | 3.38% |
| 2019 | 0.53% | 0.56% | 1.88% | 0.50% | 1.55% | 0.27% | 0.64% | 1.90% | -0.67% | 0.06% | 0.12% | 0.30% | 7.87% |
| 2018 | -0.92% | -0.44% | 0.43% | -0.30% | 1.11% | 0.09% | 0.17% | 0.25% | -0.67% | -0.85% | 0.65% | 1.06% | 0.56% |
| 2017 | 0.43% | 0.84% | 0.20% | 0.61% | 1.55% | -0.37% | 0.78% | 0.91% | -0.27% | 0.24% | 0.02% | 1.06% | 6.16% |
| 2016 | 0.56% | -0.04% | 0.55% | 0.69% | 0.63% | 1.82% | -0.03% | 0.32% | -0.38% | -1.09% | -4.12% | 0.66% | -0.54% |
| 2015 | 1.78% | -0.94% | 0.50% | -0.65% | -0.29% | -0.23% | 0.57% | 0.21% | 0.78% | 0.49% | 0.56% | 0.78% | 3.57% |
| 2014 | 2.12% | 1.31% | 0.38% | 1.33% | 1.61% | -0.08% | 0.22% | 1.45% | 0.49% | 0.71% | 0.21% | 0.77% | 10.99% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of COLTX is 15, meaning it’s performing worse than 85% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Columbia Tax-Exempt Fund (COLTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Columbia Tax-Exempt Fund provided a 3.88% dividend yield over the last twelve months, with an annual payout of $0.44 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.44 | $0.44 | $0.41 | $0.38 | $0.43 | $0.44 | $0.36 | $0.50 | $0.53 | $0.56 | $0.58 | $0.59 |
Dividend yield | 3.88% | 3.69% | 3.43% | 3.30% | 3.20% | 3.27% | 2.65% | 3.80% | 3.86% | 4.16% | 4.13% | 4.20% |
Monthly Dividends
The table displays the monthly dividend distributions for Columbia Tax-Exempt Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.03 | $0.04 | $0.04 | $0.00 | $0.14 | |||||||
| 2024 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.44 |
| 2023 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.41 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.38 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.10 | $0.43 |
| 2020 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.08 | $0.44 |
| 2019 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.36 |
| 2018 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.01 | $0.05 | $0.50 |
| 2017 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.53 |
| 2016 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.56 |
| 2015 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.58 |
| 2014 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.59 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Columbia Tax-Exempt Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Columbia Tax-Exempt Fund was 17.87%, occurring on Oct 25, 2022. The portfolio has not yet recovered.
The current Columbia Tax-Exempt Fund drawdown is 6.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.87% | Aug 6, 2021 | 308 | Oct 25, 2022 | — | — | — |
| -14.3% | Mar 3, 2020 | 14 | Mar 20, 2020 | 216 | Jan 28, 2021 | 230 |
| -12.99% | Jan 24, 2008 | 185 | Oct 16, 2008 | 217 | Aug 27, 2009 | 402 |
| -11.65% | Feb 1, 1994 | 211 | Nov 22, 1994 | 95 | Apr 4, 1995 | 306 |
| -11.44% | Mar 9, 1987 | 161 | Oct 19, 1987 | 74 | Jan 29, 1988 | 235 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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