Portfolio of Investments
Columbia South Carolina Intermediate Municipal Bond Fund, July 31, 2022 (Unaudited)
Columbia South Carolina Intermediate Municipal Bond Fund, July 31, 2022 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Municipal Bonds 97.9% | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
Airport 0.6% | ||||
Charleston County Airport District | ||||
Revenue Bonds | ||||
Series 2019 | ||||
07/01/2035 | 5.000% | 500,000 | 565,527 | |
Charter Schools 1.1% | ||||
South Carolina Jobs-Economic Development Authority(a) | ||||
Revenue Bonds | ||||
Series 2015A | ||||
08/15/2035 | 5.125% | 1,000,000 | 1,025,889 | |
Higher Education 9.2% | ||||
Clemson University | ||||
Revenue Bonds | ||||
Athletic Facility | ||||
Series 2014A | ||||
05/01/2028 | 5.000% | 1,170,000 | 1,263,088 | |
Coastal Carolina University | ||||
Revenue Bonds | ||||
Series 2015 | ||||
06/01/2024 | 5.000% | 1,500,000 | 1,584,912 | |
South Carolina Jobs-Economic Development Authority | ||||
Refunding Revenue Bonds | ||||
Furman University | ||||
Series 2015 | ||||
10/01/2032 | 5.000% | 1,895,000 | 2,037,775 | |
Revenue Bonds | ||||
Wofford College Project | ||||
Series 2019 | ||||
04/01/2037 | 5.000% | 885,000 | 963,314 | |
University of South Carolina | ||||
Refunding Revenue Bonds | ||||
Series 2017B | ||||
05/01/2034 | 5.000% | 1,500,000 | 1,657,154 | |
Revenue Bonds | ||||
Campus Village Project | ||||
Series 2021A | ||||
05/01/2037 | 5.000% | 1,000,000 | 1,147,939 | |
Total | 8,654,182 | |||
Hospital 10.3% | ||||
County of Florence | ||||
Refunding Revenue Bonds | ||||
McLeod Regional Medical Center Project | ||||
Series 2014 | ||||
11/01/2031 | 5.000% | 1,500,000 | 1,579,922 |
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
Lexington County Health Services District, Inc. | ||||
Refunding Revenue Bonds | ||||
Lexington Medical Center Obligated Group | ||||
Series 2017 | ||||
11/01/2032 | 4.000% | 1,050,000 | 1,086,661 | |
Revenue Bonds | ||||
Lexington Medical Center | ||||
Series 2016 | ||||
11/01/2034 | 5.000% | 1,500,000 | 1,601,135 | |
South Carolina Jobs-Economic Development Authority | ||||
Refunding Revenue Bonds | ||||
Prisma Health Obligated Group | ||||
Series 2018 | ||||
05/01/2036 | 5.000% | 2,000,000 | 2,173,189 | |
Revenue Bonds | ||||
McLeod Health Obligation Group | ||||
Series 2018 | ||||
11/01/2033 | 5.000% | 1,000,000 | 1,101,555 | |
St. Joseph’s Candler Health System, Inc. | ||||
Series 2019 | ||||
07/01/2032 | 5.000% | 1,000,000 | 1,101,967 | |
Spartanburg Regional Health Services District | ||||
Refunding Revenue Bonds | ||||
Services District, Inc. | ||||
Series 2022 | ||||
04/15/2037 | 4.000% | 1,000,000 | 1,025,135 | |
Total | 9,669,564 | |||
Joint Power Authority 4.6% | ||||
Piedmont Municipal Power Agency | ||||
Refunding Revenue Bonds | ||||
Series 2021D | ||||
01/01/2033 | 4.000% | 1,000,000 | 1,040,445 | |
South Carolina Public Service Authority | ||||
Refunding Revenue Bonds | ||||
Series 2016A | ||||
12/01/2028 | 5.000% | 2,000,000 | 2,167,680 | |
Revenue Bonds | ||||
Series 2022A | ||||
12/01/2039 | 5.000% | 1,000,000 | 1,098,826 | |
Total | 4,306,951 | |||
Local Appropriation 28.9% | ||||
Aiken County Consolidated School District | ||||
Special Obligation Revenue Bonds | ||||
Series 2019 | ||||
06/01/2033 | 4.000% | 325,000 | 348,402 |
Columbia South Carolina Intermediate Municipal Bond Fund | First Quarter Report 2022 | 1 |
Portfolio of Investments (continued)
Columbia South Carolina Intermediate Municipal Bond Fund, July 31, 2022 (Unaudited)
Columbia South Carolina Intermediate Municipal Bond Fund, July 31, 2022 (Unaudited)
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
Berkeley County School District | ||||
Refunding Revenue Bonds | ||||
Securing Assets for Education | ||||
Series 2015A | ||||
12/01/2027 | 5.000% | 1,500,000 | 1,562,799 | |
Center for Arts & Health Sciences Public Facilities Corp. | ||||
Revenue Bonds | ||||
Greenville Technical College Project | ||||
Series 2022 | ||||
10/01/2039 | 4.000% | 1,000,000 | 1,052,312 | |
Charleston Educational Excellence Finance Corp. | ||||
Refunding Revenue Bonds | ||||
Charleston County School | ||||
Series 2013 | ||||
12/01/2025 | 5.000% | 2,000,000 | 2,084,872 | |
Charleston Public Facilities Corp. | ||||
Revenue Bonds | ||||
Series 2015A | ||||
09/01/2029 | 5.000% | 1,000,000 | 1,090,799 | |
City of North Charleston | ||||
Tax Allocation Bonds | ||||
Series 2019B | ||||
10/01/2027 | 5.000% | 1,000,000 | 1,142,555 | |
Series 2022 | ||||
10/01/2039 | 4.000% | 820,000 | 845,635 | |
Tax Increment Pledge | ||||
Series 2020 | ||||
10/01/2031 | 5.000% | 300,000 | 353,404 | |
County of Dorchester | ||||
Tax Allocation Bonds | ||||
Series 2020 | ||||
10/01/2036 | 5.000% | 385,000 | 440,276 | |
Dorchester County School District No. 2 | ||||
Refunding Revenue Bonds | ||||
Growth Installment Purchase | ||||
Series 2013 | ||||
12/01/2027 | 5.000% | 1,000,000 | 1,041,866 | |
Fort Mill School Facilities Corp. | ||||
Refunding Revenue Bonds | ||||
Fort Mills School District #4 | ||||
Series 2015 | ||||
12/01/2028 | 5.000% | 1,000,000 | 1,078,365 | |
Kershaw County School District | ||||
Refunding Revenue Bonds | ||||
Series 2015 | ||||
12/01/2025 | 5.000% | 1,000,000 | 1,095,920 | |
Lexington One School Facilities Corp. | ||||
Refunding Revenue Bonds | ||||
Lexington County School District | ||||
Series 2015 | ||||
12/01/2026 | 5.000% | 835,000 | 870,345 |
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
Lexington School District No. 2 Educational Facilities Corp. | ||||
Refunding Revenue Bonds | ||||
Series 2015B | ||||
12/01/2026 | 5.000% | 1,815,000 | 1,971,112 | |
Newberry Investing in Children’s Education | ||||
Refunding Revenue Bonds | ||||
Newberry County School District | ||||
Series 2014 | ||||
12/01/2029 | 5.000% | 1,500,000 | 1,585,380 | |
Orangeburg County School District | ||||
Revenue Bonds | ||||
Series 2022 | ||||
06/01/2039 | 5.000% | 1,000,000 | 1,066,653 | |
SCAGO Educational Facilities Corp. for Calhoun School District | ||||
Refunding Revenue Bonds | ||||
Series 2015 (BAM) | ||||
12/01/2026 | 5.000% | 520,000 | 568,859 | |
SCAGO Educational Facilities Corp. for Cherokee School District No. 1 | ||||
Refunding Revenue Bonds | ||||
Series 2015 | ||||
12/01/2028 | 5.000% | 1,830,000 | 1,957,770 | |
SCAGO Educational Facilities Corp. for Colleton School District | ||||
Refunding Revenue Bonds | ||||
Series 2015 | ||||
12/01/2027 | 5.000% | 1,295,000 | 1,390,261 | |
SCAGO Educational Facilities Corp. for Pickens School District | ||||
Refunding Revenue Bonds | ||||
Series 2015 | ||||
12/01/2029 | 5.000% | 1,500,000 | 1,605,206 | |
12/01/2030 | 5.000% | 1,275,000 | 1,361,367 | |
South Carolina Jobs-Economic Development Authority | ||||
Refunding Revenue Bonds | ||||
Series 2015 | ||||
04/01/2034 | 5.000% | 940,000 | 967,506 | |
Sumter Two School Facilities, Inc. | ||||
Refunding Revenue Bonds | ||||
Sumter County School District No. 2 | ||||
Series 2016 (BAM) | ||||
12/01/2027 | 5.000% | 1,500,000 | 1,636,671 | |
Total | 27,118,335 | |||
Local General Obligation 7.3% | ||||
Anderson County School District No. 5 | ||||
Unlimited General Obligation Bonds | ||||
South Carolina School District Credit Enhancement Program | ||||
Series 2017 | ||||
03/01/2030 | 4.000% | 1,000,000 | 1,073,857 | |
Beaufort County School District | ||||
Unlimited General Obligation Bonds | ||||
Series 2014B | ||||
03/01/2023 | 5.000% | 1,190,000 | 1,214,566 |
2 | Columbia South Carolina Intermediate Municipal Bond Fund | First Quarter Report 2022 |
Portfolio of Investments (continued)
Columbia South Carolina Intermediate Municipal Bond Fund, July 31, 2022 (Unaudited)
Columbia South Carolina Intermediate Municipal Bond Fund, July 31, 2022 (Unaudited)
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
County of Charleston | ||||
Unlimited General Obligation Bonds | ||||
Transportation Sales Tax | ||||
Series 2021 | ||||
11/01/2032 | 4.000% | 1,000,000 | 1,124,040 | |
Lexington County School District No. 1 | ||||
Unlimited General Obligation Refunding Bonds | ||||
Series 2019A (School District Credit Enhancement Program) | ||||
02/01/2031 | 5.000% | 1,000,000 | 1,152,377 | |
Spartanburg County School District No. 7 | ||||
Unlimited General Obligation Bonds | ||||
Series 2018-B | ||||
03/01/2036 | 5.000% | 1,000,000 | 1,137,425 | |
Series 2019D | ||||
03/01/2037 | 5.000% | 1,000,000 | 1,131,427 | |
Total | 6,833,692 | |||
Municipal Power 1.8% | ||||
City of Rock Hill Combined Utility System | ||||
Refunding Revenue Bonds | ||||
Series 2019A | ||||
01/01/2032 | 5.000% | 1,000,000 | 1,129,302 | |
Easley Combined Utility System | ||||
Refunding Revenue Bonds | ||||
Easley Combined Utility System | ||||
Series 2019 (AGM) | ||||
12/01/2033 | 4.000% | 500,000 | 533,910 | |
Total | 1,663,212 | |||
Other Utility 1.6% | ||||
Patriots Energy Group | ||||
Improvement Refunding Revenue Bonds | ||||
Gas Systems | ||||
Series 2019 | ||||
06/01/2038 | 5.000% | 1,000,000 | 1,109,497 | |
Refunding Revenue Bonds | ||||
Series 2021A | ||||
06/01/2032 | 5.000% | 350,000 | 409,542 | |
Total | 1,519,039 | |||
Ports 2.3% | ||||
South Carolina Ports Authority(b) | ||||
Revenue Bonds | ||||
Series 2019B | ||||
07/01/2033 | 5.000% | 2,000,000 | 2,197,083 | |
Refunded / Escrowed 4.5% | ||||
City of Columbia | ||||
Prerefunded 02/01/24 Revenue Bonds | ||||
Series 2014 | ||||
02/01/2033 | 5.000% | 1,195,000 | 1,255,110 |
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
County of Florence | ||||
Prerefunded 10/01/23 Revenue Bonds | ||||
Series 2015 | ||||
10/01/2028 | 5.000% | 1,000,000 | 1,039,807 | |
Greenville County Public Facilities Corp. | ||||
Prerefunded 04/01/24 Certificate of Participation | ||||
Series 2014 | ||||
04/01/2026 | 5.000% | 890,000 | 939,345 | |
South Carolina Jobs-Economic Development Authority | ||||
Prerefunded 11/01/22 Revenue Bonds | ||||
Bon Secours Health System, Inc. | ||||
Series 2013 | ||||
11/01/2024 | 5.000% | 450,000 | 453,953 | |
Prerefunded 11/01/24 Revenue Bonds | ||||
York Preparatory Academy Project | ||||
Series 2014A | ||||
11/01/2033 | 7.000% | 500,000 | 556,761 | |
Total | 4,244,976 | |||
Resource Recovery 3.7% | ||||
Three Rivers Solid Waste Authority(c) | ||||
Revenue Bonds | ||||
Capital Appreciation - Landfill Gas Project | ||||
Series 2007 | ||||
10/01/2024 | 0.000% | 1,835,000 | 1,742,922 | |
10/01/2025 | 0.000% | 1,835,000 | 1,695,382 | |
Total | 3,438,304 | |||
Retirement Communities 1.2% | ||||
South Carolina Jobs-Economic Development Authority(a) | ||||
Refunding Revenue Bonds | ||||
Wesley Commons | ||||
Series 2016 | ||||
10/01/2026 | 5.000% | 560,000 | 573,175 | |
South Carolina Jobs-Economic Development Authority | ||||
Revenue Bonds | ||||
Bishop Gadsden Episcopal Retirement Community | ||||
Series 2019 | ||||
04/01/2034 | 4.000% | 605,000 | 574,058 | |
Total | 1,147,233 | |||
Special Non Property Tax 4.1% | ||||
City of Florence Accommodations Fee | ||||
Revenue Bonds | ||||
Series 2015 | ||||
05/01/2030 | 4.000% | 1,000,000 | 1,031,580 | |
05/01/2035 | 5.000% | 1,000,000 | 1,059,694 | |
City of Myrtle Beach | ||||
Revenue Bonds | ||||
Hospitality Fee | ||||
Series 2014B | ||||
06/01/2030 | 5.000% | 560,000 | 590,411 |
Columbia South Carolina Intermediate Municipal Bond Fund | First Quarter Report 2022 | 3 |
Portfolio of Investments (continued)
Columbia South Carolina Intermediate Municipal Bond Fund, July 31, 2022 (Unaudited)
Columbia South Carolina Intermediate Municipal Bond Fund, July 31, 2022 (Unaudited)
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
City of Rock Hill | ||||
Revenue Bonds | ||||
Hospitality Fee Pledge | ||||
Series 2013 | ||||
04/01/2023 | 5.000% | 695,000 | 710,623 | |
Town of Hilton Head Island | ||||
Revenue Bonds | ||||
Beach Preservation Fee Pledge | ||||
Series 2017 | ||||
08/01/2025 | 5.000% | 400,000 | 437,841 | |
Total | 3,830,149 | |||
Special Property Tax 2.3% | ||||
City of Myrtle Beach | ||||
Refunding Tax Allocation Bonds | ||||
Myrtle Beach Air Force Base | ||||
Series 2016 | ||||
10/01/2030 | 5.000% | 1,000,000 | 1,094,452 | |
County of Greenville | ||||
Revenue Bonds | ||||
Series 2021 | ||||
04/01/2038 | 4.000% | 1,000,000 | 1,048,355 | |
Total | 2,142,807 | |||
State General Obligation 2.4% | ||||
State of South Carolina | ||||
Unlimited General Obligation Bonds | ||||
Clemson University | ||||
Series 2022A | ||||
04/01/2040 | 5.000% | 1,000,000 | 1,191,525 | |
Series 2014B | ||||
04/01/2025 | 5.000% | 1,000,000 | 1,055,393 | |
Total | 2,246,918 | |||
Transportation 2.3% | ||||
South Carolina Transportation Infrastructure Bank | ||||
Refunding Revenue Bonds | ||||
Infrastructure Bank | ||||
Series 2015A | ||||
10/01/2024 | 5.000% | 2,000,000 | 2,138,563 | |
Water & Sewer 9.7% | ||||
Beaufort-Jasper Water & Sewer Authority | ||||
Refunding Revenue Bonds | ||||
Series 2016B | ||||
03/01/2024 | 5.000% | 1,000,000 | 1,052,720 | |
Revenue Bonds | ||||
Series 2019A | ||||
03/01/2035 | 5.000% | 750,000 | 857,134 |
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
City of Charleston Waterworks & Sewer System | ||||
Revenue Bonds | ||||
Series 2019 | ||||
01/01/2038 | 5.000% | 1,000,000 | 1,151,272 | |
City of Columbia Stormwater System | ||||
Revenue Bonds | ||||
Green Bonds | ||||
Series 2018 | ||||
02/01/2038 | 5.000% | 350,000 | 392,736 | |
City of Columbia Waterworks & Sewer System | ||||
Revenue Bonds | ||||
Series 2018 | ||||
02/01/2035 | 4.000% | 560,000 | 589,086 | |
City of Spartanburg Water System | ||||
Refunding Revenue Bonds | ||||
Series 2017B | ||||
06/01/2035 | 4.000% | 1,375,000 | 1,434,385 | |
City of Sumter Waterworks & Sewer System | ||||
Refunding Revenue Bonds | ||||
Series 2015 | ||||
12/01/2027 | 4.000% | 400,000 | 426,315 | |
County of Richland Utility System | ||||
Refunding Revenue Bonds | ||||
Series 2020 | ||||
03/01/2031 | 5.000% | 240,000 | 282,559 | |
03/01/2032 | 5.000% | 215,000 | 251,179 | |
03/01/2033 | 5.000% | 280,000 | 325,663 | |
Georgetown County Water & Sewer District | ||||
Refunding Revenue Bonds | ||||
Series 2015 | ||||
06/01/2027 | 4.000% | 450,000 | 472,229 | |
Spartanburg Sanitation Sewer District | ||||
Refunding Revenue Bonds | ||||
Series 2014B | ||||
03/01/2034 | 5.000% | 1,000,000 | 1,061,376 | |
Town of Lexington Waterworks & Sewer System | ||||
Refunding Revenue Bonds | ||||
Series 2017 | ||||
06/01/2034 | 4.000% | 750,000 | 788,128 | |
Total | 9,084,782 | |||
Total Municipal Bonds (Cost $92,380,733) | 91,827,206 |
4 | Columbia South Carolina Intermediate Municipal Bond Fund | First Quarter Report 2022 |
Portfolio of Investments (continued)
Columbia South Carolina Intermediate Municipal Bond Fund, July 31, 2022 (Unaudited)
Columbia South Carolina Intermediate Municipal Bond Fund, July 31, 2022 (Unaudited)
Money Market Funds 1.3% | ||
Shares | Value ($) | |
Dreyfus Tax Exempt Cash Management Fund, Institutional Shares, 0.986%(d) | 63,886 | 63,880 |
JPMorgan Institutional Tax Free Money Market Fund, Institutional Shares, 1.001%(d) | 1,132,154 | 1,132,154 |
Total Money Market Funds (Cost $1,196,040) | 1,196,034 | |
Total Investments in Securities (Cost: $93,576,773) | 93,023,240 | |
Other Assets & Liabilities, Net | 779,762 | |
Net Assets | 93,803,002 |
Notes to Portfolio of Investments
(a) | Represents privately placed and other securities and instruments exempt from Securities and Exchange Commission registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only to qualified institutional buyers. At July 31, 2022, the total value of these securities amounted to $1,599,064, which represents 1.70% of total net assets. |
(b) | Income from this security may be subject to alternative minimum tax. |
(c) | Zero coupon bond. |
(d) | The rate shown is the seven-day current annualized yield at July 31, 2022. |
Abbreviation Legend
AGM | Assured Guaranty Municipal Corporation |
BAM | Build America Mutual Assurance Co. |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia South Carolina Intermediate Municipal Bond Fund | First Quarter Report 2022 | 5 |
You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.
1QT231_04_M01_(09/22)