- What are the top holdings of CFNLX?
- A machine-readable holdings disclosure for Commerce Funds The National Tax-Free Bond Fund (CFNLX) is not available from our data sources — fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
- What sectors does CFNLX invest in?
- Commerce Funds The National Tax-Free Bond Fund (CFNLX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is CFNLX most exposed to?
- CFNLX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is CFNLX a US-only fund?
- The country allocation card on this page shows CFNLX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does CFNLX invest in?
- This fund primarily invests in municipal bonds, dedicating at least 80% of its net assets and any capital acquired through borrowing for investment purposes to these securities. The interest generated by these bonds is, according to bond counsel, exempt from both standard federal income taxes and the federal Alternative Minimum Tax. These municipal obligations are issued by or on behalf of U.S. states, territories, possessions, the District of Columbia, and their related authorities, agencies, instrumentalities, and political subdivisions. A small portion, up to 10% of its total assets, may also be allocated to similar unrated securities.