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IDSMX Columbia Minnesota Tax-Exempt B

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Fund IDSMX Columbia Minnesota Tax-Exempt B SMTFX Sit MN Tax-Free Income  
100% 98%
Annual Fees
(1.55% Exp. Ratio)
(0.82% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.09% annual return
$11,639.03 $14,526.74
Est. savings over 30 yrs +$2,887.71
As of 12/31/16
1 YR RETURN -0.66%
3 YR 3.50%
5 YR 2.75%
10 YR 3.43%
1 YR RETURN 0.14%
3 YR 4.45%
5 YR 3.44%
10 YR 4.05%
The investment seeks to provide shareholders with a high level of income generally exempt from federal income tax as well as from Minnesota State and local tax. Under normal market circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in municipal obligations that are generally exempt from U.S. federal income tax as well as from Minnesota State and local income tax. It may invest in debt instruments of any maturity and does not seek to maintain a particular dollar-weighted average maturity. The fund is non-diversified.
The investment seeks high current income that is exempt from federal regular income tax and Minnesota regular personal income tax consistent with preservation of capital. The fund seeks to achieve its objective by investing primarily in municipal securities that generate interest income that is exempt from regular federal income tax and Minnesota regular personal income tax. It invests 100% (and, as a fundamental policy, no less than 80%) of its net assets in such tax-exempt municipal securities. It is non-diversified.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


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Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


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