Portfolio of Investments
Columbia Massachusetts Intermediate Municipal Bond Fund, July 31, 2021 (Unaudited)
Columbia Massachusetts Intermediate Municipal Bond Fund, July 31, 2021 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Municipal Bonds 98.7% | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
Airport 5.2% | ||||
Massachusetts Port Authority(a) | ||||
Refunding Revenue Bonds | ||||
BosFuel Project | ||||
Series 2019A | ||||
07/01/2038 | 5.000% | 1,000,000 | 1,268,445 | |
Series 2021B | ||||
07/01/2038 | 5.000% | 850,000 | 1,120,925 | |
Revenue Bonds | ||||
Series 2019C | ||||
07/01/2027 | 5.000% | 1,865,000 | 2,320,352 | |
07/01/2035 | 5.000% | 2,000,000 | 2,537,820 | |
Series 2021E | ||||
07/01/2038 | 5.000% | 1,000,000 | 1,318,735 | |
Massachusetts Port Authority | ||||
Refunding Revenue Bonds | ||||
Series 2014C | ||||
07/01/2031 | 5.000% | 1,900,000 | 2,152,326 | |
Revenue Bonds | ||||
Series 2015A | ||||
07/01/2026 | 5.000% | 600,000 | 707,565 | |
Total | 11,426,168 | |||
Charter Schools 1.8% | ||||
Massachusetts Development Finance Agency | ||||
Refunding Revenue Bonds | ||||
Foxborough Regional Charter | ||||
Series 2017 | ||||
07/01/2037 | 5.000% | 1,800,000 | 2,070,071 | |
International Charter School | ||||
Series 2015 | ||||
04/15/2025 | 5.000% | 410,000 | 437,709 | |
04/15/2033 | 5.000% | 1,335,000 | 1,459,984 | |
Total | 3,967,764 | |||
Higher Education 22.6% | ||||
Massachusetts Development Finance Agency | ||||
Refunding Revenue Bonds | ||||
Babson College | ||||
Series 2015A | ||||
10/01/2025 | 5.000% | 600,000 | 711,398 | |
Boston University | ||||
Series 2006BB2 | ||||
10/01/2037 | 4.000% | 2,120,000 | 2,452,694 | |
Brandeis University | ||||
Series 2018R | ||||
10/01/2035 | 5.000% | 1,005,000 | 1,269,817 | |
10/01/2036 | 5.000% | 1,140,000 | 1,437,731 |
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
Series 2019 | ||||
10/01/2036 | 5.000% | 1,535,000 | 1,949,766 | |
College of the Holy Cross | ||||
Series 2016A | ||||
09/01/2034 | 5.000% | 500,000 | 602,913 | |
Emerson College | ||||
Series 2017A | ||||
01/01/2033 | 5.000% | 1,500,000 | 1,840,327 | |
01/01/2034 | 5.000% | 1,000,000 | 1,224,587 | |
Harvard University | ||||
Series 2020A | ||||
10/15/2028 | 5.000% | 500,000 | 658,246 | |
Simmons College | ||||
Series 2015K-1 | ||||
10/01/2026 | 5.000% | 3,005,000 | 3,568,670 | |
10/01/2028 | 5.000% | 1,100,000 | 1,294,541 | |
Simmons University | ||||
Series 2018L | ||||
10/01/2034 | 5.000% | 500,000 | 623,719 | |
10/01/2035 | 5.000% | 455,000 | 566,750 | |
Suffolk University | ||||
Series 2019 | ||||
07/01/2035 | 5.000% | 870,000 | 1,100,231 | |
Tufts University | ||||
Series 2015Q | ||||
08/15/2030 | 5.000% | 1,000,000 | 1,176,237 | |
Western New England University | ||||
Series 2015 | ||||
09/01/2032 | 5.000% | 500,000 | 573,983 | |
09/01/2033 | 5.000% | 1,225,000 | 1,403,957 | |
09/01/2034 | 5.000% | 1,285,000 | 1,471,582 | |
Woods Hole Oceanographic Institution | ||||
Series 2018 | ||||
06/01/2036 | 5.000% | 650,000 | 818,486 | |
Worcester Polytechnic Institute | ||||
Series 2016 | ||||
09/01/2034 | 5.000% | 500,000 | 602,360 | |
Series 2017 | ||||
09/01/2037 | 5.000% | 290,000 | 358,569 | |
Revenue Bonds | ||||
Babson College | ||||
Series 2017 | ||||
10/01/2032 | 5.000% | 885,000 | 1,105,059 | |
10/01/2033 | 5.000% | 900,000 | 1,122,952 | |
Bentley University | ||||
Series 2016 | ||||
07/01/2035 | 4.000% | 1,000,000 | 1,137,882 | |
07/01/2036 | 4.000% | 1,000,000 | 1,135,956 |
Columbia Massachusetts Intermediate Municipal Bond Fund | Quarterly Report 2021 | 1 |
Portfolio of Investments (continued)
Columbia Massachusetts Intermediate Municipal Bond Fund, July 31, 2021 (Unaudited)
Columbia Massachusetts Intermediate Municipal Bond Fund, July 31, 2021 (Unaudited)
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
Boston University | ||||
Series 2019DD (Mandatory Put 04/01/24) | ||||
10/01/2042 | 5.000% | 1,000,000 | 1,099,216 | |
Brandeis University | ||||
Series 2019S-2 | ||||
10/01/2033 | 5.000% | 1,150,000 | 1,469,649 | |
Simmons College | ||||
Series 2006H | ||||
10/01/2033 | 5.250% | 1,000,000 | 1,345,572 | |
Series 2013J | ||||
10/01/2024 | 5.250% | 500,000 | 554,828 | |
10/01/2025 | 5.500% | 450,000 | 501,226 | |
Worcester Polytechnic Institute | ||||
Series 2019 | ||||
09/01/2038 | 5.000% | 865,000 | 1,102,585 | |
Massachusetts Health & Educational Facilities Authority | ||||
Revenue Bonds | ||||
Boston College | ||||
Series 2008M-1 | ||||
06/01/2024 | 5.500% | 3,000,000 | 3,450,399 | |
Northeastern University | ||||
Series 2008T-1 | ||||
10/01/2028 | 5.000% | 1,000,000 | 1,054,917 | |
Series 2008T-2 | ||||
10/01/2029 | 5.000% | 4,045,000 | 4,266,163 | |
University of Massachusetts Building Authority | ||||
Refunding Revenue Bonds | ||||
Series 2021-1 | ||||
11/01/2029 | 5.000% | 1,200,000 | 1,602,231 | |
Revenue Bonds | ||||
Senior Lien | ||||
Series 2020-1 | ||||
11/01/2032 | 5.000% | 2,000,000 | 2,638,491 | |
Total | 49,293,690 | |||
Hospital 18.0% | ||||
Massachusetts Development Finance Agency(b) | ||||
Refunding Revenue Bonds | ||||
Berkshire Health System | ||||
Series 2021 | ||||
10/01/2029 | 5.000% | 250,000 | 329,712 | |
Massachusetts Development Finance Agency | ||||
Refunding Revenue Bonds | ||||
CareGroup | ||||
Series 2015H-1 | ||||
07/01/2030 | 5.000% | 1,170,000 | 1,363,228 | |
Series 2016I | ||||
07/01/2033 | 5.000% | 3,000,000 | 3,594,088 |
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
Lahey Clinic Obligation | ||||
Series 2015F | ||||
08/15/2031 | 5.000% | 3,000,000 | 3,505,145 | |
08/15/2034 | 5.000% | 2,250,000 | 2,620,079 | |
Partners HealthCare System | ||||
Series 2016 | ||||
07/01/2031 | 5.000% | 3,000,000 | 3,638,192 | |
Series 2020 | ||||
07/01/2037 | 5.000% | 2,250,000 | 2,916,918 | |
Series 2020 (Mandatory Put 01/31/30) | ||||
07/01/2050 | 5.000% | 4,000,000 | 5,255,398 | |
Series 2019A (AGM) | ||||
07/01/2034 | 5.000% | 1,200,000 | 1,499,788 | |
Series 2019O | ||||
12/01/2035 | 5.000% | 175,000 | 222,916 | |
Series 2021G | ||||
07/01/2038 | 5.000% | 225,000 | 297,201 | |
UMass Memorial Healthcare | ||||
Series 2016I | ||||
07/01/2030 | 5.000% | 2,295,000 | 2,738,436 | |
Series 2017 | ||||
07/01/2031 | 5.000% | 1,000,000 | 1,223,477 | |
Revenue Bonds | ||||
Baystate Medical Center | ||||
Series 2014N | ||||
07/01/2028 | 5.000% | 1,000,000 | 1,121,180 | |
07/01/2034 | 5.000% | 1,500,000 | 1,678,080 | |
CareGroup | ||||
Series 2018J1 | ||||
07/01/2036 | 5.000% | 985,000 | 1,229,192 | |
07/01/2037 | 5.000% | 1,035,000 | 1,288,666 | |
Children’s Hospital | ||||
Series 2014P | ||||
10/01/2031 | 5.000% | 1,200,000 | 1,375,069 | |
Milford Regional Medical Center | ||||
Series 2014F | ||||
07/15/2026 | 5.000% | 315,000 | 340,852 | |
Southcoast Health System Obligation Group | ||||
Series 2013 | ||||
07/01/2027 | 5.000% | 1,050,000 | 1,137,922 | |
Unrefunded Revenue Bonds | ||||
Boston Medical Center | ||||
Series 2012 | ||||
07/01/2027 | 5.250% | 1,850,000 | 1,928,781 | |
Total | 39,304,320 |
2 | Columbia Massachusetts Intermediate Municipal Bond Fund | Quarterly Report 2021 |
Portfolio of Investments (continued)
Columbia Massachusetts Intermediate Municipal Bond Fund, July 31, 2021 (Unaudited)
Columbia Massachusetts Intermediate Municipal Bond Fund, July 31, 2021 (Unaudited)
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
Joint Power Authority 1.9% | ||||
Berkshire Wind Power Cooperative Corp. | ||||
Refunding Revenue Bonds | ||||
Berkshire Wind Project | ||||
Series 2017 | ||||
07/01/2029 | 5.000% | 1,000,000 | 1,236,395 | |
Massachusetts Clean Energy Cooperative Corp. | ||||
Revenue Bonds | ||||
Municipal Lighting Plant Cooperative | ||||
Series 2013 | ||||
07/01/2027 | 5.000% | 2,720,000 | 2,952,115 | |
Total | 4,188,510 | |||
Local General Obligation 4.8% | ||||
City of Boston | ||||
Unlimited General Obligation Bonds | ||||
Series 2020A | ||||
11/01/2028 | 5.000% | 3,000,000 | 3,931,619 | |
City of Cambridge | ||||
Limited General Obligation Refunding Bonds | ||||
Series 2021 | ||||
02/15/2031 | 5.000% | 2,000,000 | 2,757,655 | |
City of Worcester | ||||
Limited General Obligation Bonds | ||||
Ballpark Project | ||||
Series 2020B | ||||
02/01/2029 | 4.000% | 415,000 | 496,289 | |
02/01/2031 | 4.000% | 495,000 | 585,379 | |
Town of Sharon | ||||
Limited General Obligation Bonds | ||||
Series 2020 | ||||
02/15/2029 | 5.000% | 2,000,000 | 2,632,696 | |
Total | 10,403,638 | |||
Multi-Family 1.7% | ||||
Massachusetts Development Finance Agency | ||||
Revenue Bonds | ||||
UMass Boston Student Housing Project | ||||
Series 2016 | ||||
10/01/2033 | 5.000% | 1,235,000 | 1,428,258 | |
10/01/2034 | 5.000% | 2,000,000 | 2,309,767 | |
Total | 3,738,025 | |||
Other Bond Issue 5.1% | ||||
Boston Housing Authority | ||||
Refunding Revenue Bonds | ||||
Series 2020A | ||||
10/01/2027 | 5.000% | 455,000 | 571,034 | |
04/01/2028 | 5.000% | 800,000 | 1,014,310 |
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
Martha’s Vineyard Land Bank | ||||
Refunding Revenue Bonds | ||||
Green Bonds | ||||
Series 2014 | ||||
05/01/2029 | 5.000% | 1,000,000 | 1,140,551 | |
05/01/2031 | 5.000% | 1,000,000 | 1,134,366 | |
Series 2017 (BAM) | ||||
05/01/2034 | 5.000% | 500,000 | 610,517 | |
05/01/2035 | 5.000% | 500,000 | 609,689 | |
Massachusetts Development Finance Agency | ||||
Refunding Revenue Bonds | ||||
Broad Institute | ||||
Series 2017 | ||||
04/01/2034 | 5.000% | 2,500,000 | 3,100,453 | |
04/01/2035 | 5.000% | 2,350,000 | 2,909,935 | |
Total | 11,090,855 | |||
Pool / Bond Bank 1.2% | ||||
Massachusetts Clean Water Trust (The) | ||||
Revenue Bonds | ||||
Green Bonds | ||||
Series 2019 | ||||
08/01/2038 | 5.000% | 2,000,000 | 2,598,405 | |
Prep School 0.5% | ||||
Massachusetts Development Finance Agency | ||||
Refunding Revenue Bonds | ||||
Dexter Southfield | ||||
Series 2015 | ||||
05/01/2030 | 5.000% | 1,035,000 | 1,187,805 | |
Refunded / Escrowed 6.2% | ||||
Massachusetts Development Finance Agency | ||||
Prerefunded 07/01/25 Revenue Bonds | ||||
Partners HealthCare System | ||||
Series 2015 | ||||
07/01/2032 | 5.000% | 2,795,000 | 3,311,391 | |
Massachusetts State College Building Authority(c) | ||||
Revenue Bonds | ||||
Capital Appreciation | ||||
Series 1999A Escrowed to Maturity (NPFGC) | ||||
05/01/2028 | 0.000% | 4,000,000 | 3,732,226 | |
Massachusetts Water Resources Authority | ||||
Prerefunded 08/01/22 Revenue Bonds | ||||
Series 2012B | ||||
08/01/2028 | 5.000% | 5,000,000 | 5,245,002 | |
Puerto Rico Highway & Transportation Authority(d) | ||||
Refunding Revenue Bonds | ||||
Series 2005BB Escrowed to Maturity (AGM) | ||||
07/01/2022 | 5.250% | 1,075,000 | 1,124,289 | |
Total | 13,412,908 |
Columbia Massachusetts Intermediate Municipal Bond Fund | Quarterly Report 2021 | 3 |
Portfolio of Investments (continued)
Columbia Massachusetts Intermediate Municipal Bond Fund, July 31, 2021 (Unaudited)
Columbia Massachusetts Intermediate Municipal Bond Fund, July 31, 2021 (Unaudited)
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
Retirement Communities 2.8% | ||||
Massachusetts Development Finance Agency | ||||
Refunding Revenue Bonds | ||||
1st Mortgage-Berkshire Retirement Community | ||||
Series 2015 | ||||
07/01/2031 | 5.000% | 1,250,000 | 1,445,141 | |
Orchard Cove, Inc. | ||||
Series 2019 | ||||
10/01/2039 | 4.000% | 985,000 | 1,088,835 | |
10/01/2039 | 5.000% | 250,000 | 284,003 | |
Massachusetts Development Finance Agency(e) | ||||
Refunding Revenue Bonds | ||||
Newbridge Charles, Inc. | ||||
Series 2017 | ||||
10/01/2032 | 4.000% | 1,500,000 | 1,625,197 | |
Revenue Bonds | ||||
Linden Ponds, Inc. Facility | ||||
Series 2018 | ||||
11/15/2033 | 5.000% | 1,500,000 | 1,703,727 | |
Total | 6,146,903 | |||
Sales Tax 9.6% | ||||
Massachusetts Bay Transportation Authority | ||||
Refunding Revenue Bonds | ||||
Sales Tax Bond | ||||
Subordinated Series 2020B | ||||
07/01/2033 | 5.000% | 1,250,000 | 1,672,505 | |
Senior Sales Tax Bonds | ||||
Series 2004B | ||||
07/01/2030 | 5.250% | 1,770,000 | 2,329,733 | |
Revenue Bonds | ||||
Series 2005B (NPFGC) | ||||
07/01/2023 | 5.500% | 2,890,000 | 3,188,398 | |
Series 2006A | ||||
07/01/2022 | 5.250% | 3,500,000 | 3,666,285 | |
Series 2008B | ||||
07/01/2023 | 5.000% | 910,000 | 995,273 | |
Massachusetts Bay Transportation Authority(c) | ||||
Refunding Revenue Bonds | ||||
Series 2016A | ||||
07/01/2029 | 0.000% | 3,000,000 | 2,658,234 | |
07/01/2032 | 0.000% | 5,105,000 | 4,083,992 | |
Massachusetts School Building Authority | ||||
Revenue Bonds | ||||
Social Bonds | ||||
Series 2020A | ||||
08/15/2033 | 5.000% | 750,000 | 1,007,947 | |
Subordinated Series 2019A | ||||
02/15/2029 | 5.000% | 1,000,000 | 1,311,207 | |
Total | 20,913,574 |
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
Single Family 0.3% | ||||
Massachusetts Housing Finance Agency | ||||
Refunding Revenue Bonds | ||||
Social Bonds | ||||
Series 2020-220 (GNMA) | ||||
06/01/2027 | 5.000% | 125,000 | 155,656 | |
12/01/2027 | 5.000% | 100,000 | 126,179 | |
06/01/2028 | 5.000% | 75,000 | 95,640 | |
12/01/2028 | 5.000% | 100,000 | 129,006 | |
06/01/2029 | 5.000% | 75,000 | 97,751 | |
Total | 604,232 | |||
State General Obligation 9.7% | ||||
Commonwealth of Massachusetts | ||||
Limited General Obligation Bonds | ||||
Series 2016I | ||||
12/01/2030 | 5.000% | 3,000,000 | 3,701,546 | |
Series 2019G | ||||
09/01/2036 | 4.000% | 2,000,000 | 2,437,614 | |
Series 2020B | ||||
03/01/2032 | 4.000% | 2,500,000 | 3,116,240 | |
Limited General Obligation Refunding Bonds | ||||
Series 2006B (AGM) | ||||
09/01/2022 | 5.250% | 2,000,000 | 2,111,852 | |
Series 2020B | ||||
07/01/2033 | 5.000% | 2,000,000 | 2,667,976 | |
Series 2020D | ||||
11/01/2036 | 4.000% | 1,000,000 | 1,246,770 | |
Unlimited General Obligation Refunding Bonds | ||||
Series 2004C (AMBAC) | ||||
12/01/2024 | 5.500% | 5,000,000 | 5,880,019 | |
Total | 21,162,017 | |||
Student Loan 0.9% | ||||
Massachusetts Educational Financing Authority(a) | ||||
Revenue Bonds | ||||
Education Loan | ||||
Series 2021 | ||||
07/01/2029 | 5.000% | 1,250,000 | 1,604,610 | |
Series 2020B | ||||
07/01/2028 | 5.000% | 250,000 | 315,219 | |
Total | 1,919,829 | |||
Transportation 0.8% | ||||
Commonwealth of Massachusetts Federal Highway Grant Anticipation Note | ||||
Revenue Bonds | ||||
Accelerated Bridge Program | ||||
Series 2019 | ||||
06/15/2027 | 5.000% | 1,400,000 | 1,704,584 |
4 | Columbia Massachusetts Intermediate Municipal Bond Fund | Quarterly Report 2021 |
Portfolio of Investments (continued)
Columbia Massachusetts Intermediate Municipal Bond Fund, July 31, 2021 (Unaudited)
Columbia Massachusetts Intermediate Municipal Bond Fund, July 31, 2021 (Unaudited)
Municipal Bonds (continued) | ||||
Issue Description | Coupon Rate | Principal Amount ($) | Value ($) | |
Turnpike / Bridge / Toll Road 2.8% | ||||
Massachusetts Transportation Trust Fund Metropolitan Highway System | ||||
Refunding Revenue Bonds | ||||
Series 2019A | ||||
01/01/2035 | 5.000% | 2,000,000 | 2,529,778 | |
Subordinated Series 2019B | ||||
01/01/2030 | 5.000% | 2,825,000 | 3,677,202 | |
Total | 6,206,980 | |||
Water & Sewer 2.8% | ||||
Massachusetts Water Resources Authority | ||||
Refunding Revenue Bonds | ||||
General | ||||
Series 2007B (AGM / TCRS) | ||||
08/01/2023 | 5.250% | 5,500,000 | 6,066,236 | |
Total Municipal Bonds (Cost $199,649,166) | 215,336,443 |
Money Market Funds 0.7% | ||
Shares | Value ($) | |
Dreyfus AMT-Free Tax Exempt Cash Management Fund, Institutional Shares, 0.010%(f) | 122,388 | 122,376 |
JPMorgan Institutional Tax Free Money Market Fund, Institutional Shares, 0.006%(f) | 1,327,638 | 1,327,638 |
Total Money Market Funds (Cost $1,450,026) | 1,450,014 | |
Total Investments in Securities (Cost: $201,099,192) | 216,786,457 | |
Other Assets & Liabilities, Net | 1,298,126 | |
Net Assets | 218,084,583 |
Notes to Portfolio of Investments
(a) | Income from this security may be subject to alternative minimum tax. |
(b) | Represents a security purchased on a when-issued basis. |
(c) | Zero coupon bond. |
(d) | Municipal obligations include debt obligations issued by or on behalf of territories, possessions, or sovereign nations within the territorial boundaries of the United States. At July 31, 2021, the total value of these securities amounted to $1,124,289, which represents 0.52% of total net assets. |
(e) | 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, 2021, the total value of these securities amounted to $3,328,924, which represents 1.53% of total net assets. |
(f) | The rate shown is the seven-day current annualized yield at July 31, 2021. |
Abbreviation Legend
AGM | Assured Guaranty Municipal Corporation |
AMBAC | Ambac Assurance Corporation |
BAM | Build America Mutual Assurance Co. |
GNMA | Government National Mortgage Association |
NPFGC | National Public Finance Guarantee Corporation |
TCRS | Transferable Custody Receipts |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Massachusetts Intermediate Municipal Bond Fund | Quarterly Report 2021 | 5 |
You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.
3QT191_10_L01_(09/21)