Columbia Funds Series Trust II: Columbia Strategic Municipal Income Fund; Class R5 Shares (CADNX)

13.84 0.00%
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Pros
3-year return above the benchmark
5-year return above the benchmark
10-year return above the benchmark
No sales load or distribution fees
Cons
Low net assets
High expense ratio

Pros

  1. CADNX 3-year return is 4.4%, which is higher than the 3-year return of the benchmark index (Bloomberg Barclays Municipal TR USD), 4.07%.
  2. CADNX 5-year return is 4.57%, which is higher than the 5-year return of the benchmark index (Bloomberg Barclays Municipal TR USD), 3.97%.
  3. CADNX 10-year return is 4.86%, which is higher than the 10-year return of the benchmark index (Bloomberg Barclays Municipal TR USD), 4%.
  4. Good news: this fund does not have 12b1, front-end or back-end sales fees.

Cons

  1. CADNX net assets are $49.50 million. This fund is not a popular choice with retail investors.
  2. CADNX expense ratio is 0.54%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?