The investment seeks current income exempt from U.S. federal income tax and South Carolina individual income tax, consistent with moderate fluctuation of principal. Under normal circumstances, the fund invests at least 80% of its net assets in securities that pay interest exempt from U.S. federal income tax (but not necessarily the federal alternative minimum tax) and South Carolina individual income tax. It normally invests at least 80% of its total assets in investment grade municipal securities. Under normal circumstances, the fund's dollar-weighted average maturity will be between three and ten years.
Fund filings (PDF) »

Asset manager:
Brian McGreevy (Started: Jun 6, 2011)

Advisor Company:
Columbia Management Investment Adv LLC
Fund family reports on Morningstar »

	1 year	3 years	5 years	10 years
Alpha*	-0.28	0.20	-0.23	-0.60
Beta*	0.88	0.82	0.86	0.86
Mean annual return	0.35	0.44	0.42	0.33
R-squared*	97.71	94.92	92.91	95.03
Standard deviation	2.54	3.18	4.24	4.00
Sharpe ratio	1.63	1.61	1.11	0.56
* Against standard index

Risk measurement details »

Security	Net Assets
South Carolina Transn Infrastr Rev 5.25%	3.75%
Scago Edl Facs Corp For Picken Lease 5%	3.47%
Charleston Cnty S C Rev Rev Bds 5.125%	3.40%
Berkeley Cnty S C Sch Dist 5%	2.50%
Piedmont Mun Pwr Agy S C Elec Elec 5%	2.19%
Beaufort-Jasper S C Wtr & Swr Ref 4.75%	2.11%
South Carolina Jobs-Economic D Hos 5.25%	2.11%
Fort Ml S C Sch Facs Corp Inst Instal 5%	2.01%
Greenville Hosp Sys S C Hosp F Hos 5.25%	1.94%
Charleston S C Wtrwks & Swr Re Rev Re 5%	1.84%

Holdings Performance »