Commerce National Tax-Free Intermediate Bond Fund (CFNLX)
18.94
0.00 (0.00%)
USD |
Apr 10 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.62% | 350.63M | -- | 34.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -10.42M | 6.76% |
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from federal income tax consistent with preservation of capital. The Fund pursues this objective through investment in a diversified portfolio of investment grade Municipal Obligations. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Intermediate Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Intermediate Municipal Debt Funds |
| Fund Owner Firm Name | Commerce Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
74
-37.98M
Peer Group Low
391.32M
Peer Group High
1 Year
% Rank:
77
-10.42M
-799.77M
Peer Group Low
5.870B
Peer Group High
3 Months
% Rank:
70
-550.42M
Peer Group Low
2.357B
Peer Group High
3 Years
% Rank:
66
-1.646B
Peer Group Low
11.23B
Peer Group High
6 Months
% Rank:
79
-615.38M
Peer Group Low
4.635B
Peer Group High
5 Years
% Rank:
63
-2.321B
Peer Group Low
5.048B
Peer Group High
YTD
% Rank:
70
-550.42M
Peer Group Low
2.357B
Peer Group High
10 Years
% Rank:
56
-2.777B
Peer Group Low
29.03B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 13, 2026.
Asset Allocation
As of January 31, 2026.
| Type | % Net |
|---|---|
| Cash | 1.19% |
| Stock | 0.00% |
| Bond | 100.3% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -1.44% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| State Street US Government Money Market Fund Prem | 2.52% | 1.00 | 0.00% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 05/01/2055 | 1.52% | 106.39 | -0.01% |
| MICHIGAN FIN AUTH REV MI 5.000 11/15/2041 | 1.43% | 100.60 | -0.01% |
| DALLAS FORT WORTH TEX INTL ARPT REV TX 5.250 11/01/2038 | 1.20% | 111.42 | -0.01% |
| BOULDER VALLEY COLO SCH DIST NO RE 2 BOULDER CO 5.000 12/01/2040 | 1.06% | 100.06 | -0.02% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV KY 5.000 05/01/2055 | 0.90% | 105.71 | -0.01% |
| NEW JERSEY ST HIGHER ED ASSISTANCE AUTH STUDENT LN REV NJ 5.000 12/01/2032 | 0.87% | 109.42 | -0.01% |
| COBB CNTY GA DEV AUTH LEASE REV GA 5.000 07/15/2040 | 0.86% | 101.20 | -0.01% |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV MO 5.000 11/15/2045 | 0.85% | 100.01 | 0.00% |
| MURRAY CNTY OKLA EDL FACS AUTH EDL FACS LEASE REV OK 5.000 09/01/2042 | 0.78% | 104.58 | -0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.34% |
| Administration Fee | 486.0K% |
| Maximum Front Load | 0.00% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 250.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from federal income tax consistent with preservation of capital. The Fund pursues this objective through investment in a diversified portfolio of investment grade Municipal Obligations. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Intermediate Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Intermediate Municipal Debt Funds |
| Fund Owner Firm Name | Commerce Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-9-26) | 2.76% |
| 30-Day SEC Yield (2-28-26) | 2.66% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 364 |
| Bond | |
| Yield to Maturity (1-31-26) | 3.41% |
| Effective Duration | 5.93 |
| Average Coupon | 4.62% |
| Calculated Average Quality | 2.425 |
| Effective Maturity | 9.448 |
| Nominal Maturity | 10.60 |
| Number of Bond Holdings | 361 |
As of January 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 2/21/1995 |
| Last Annual Report Date | 10/31/2025 |
| Last Prospectus Date | 3/1/2025 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:CFNLX", "name") |
| Broad Asset Class: =YCI("M:CFNLX", "broad_asset_class") |
| Broad Category: =YCI("M:CFNLX", "broad_category_group") |
| Prospectus Objective: =YCI("M:CFNLX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |