# Columbia Large Cap Enhanced Core Fund Class A (NMIAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/nmiax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Columbia Threadneedle · Asset class: Equity - Strategy: Actively Managed · Inception: 1996-07-31 The fund aims to generate a total return, before factoring in fees and expenses, that outpaces the performance of the S&P 500® Index. Its strategy involves committing at least 80% of its net assets (inclusive of any borrowed funds for investment purposes) to equities included in the S&P 500 Index, convertible bonds that can be exchanged for these index components, or derivative instruments structured to replicate the returns of the index or its individual constituents. The portfolio manager actively manages the fund's holdings, adjusting both the quantity and proportion of investments, in a... ## Key Facts | Metric | Value | |---|---| | Price | $30.34 | | Expense Ratio | 0.83% | | AUM (All Share Classes) | $513.1M | | NAV | $30.34 | | Holdings Count | — | | Distribution Yield (TTM) | 14.99% | | Annual Distribution (TTM) | $4.55 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $26.25 – $31.21 | | Beta | 0.97 | ## Latest Distribution - Amount: $1.7032 /share - Ex-date: 2026-06-22 - Pay date: 2026-06-22 ## Frequently Asked Questions ### What does NMIAX invest in? The fund aims to generate a total return, before factoring in fees and expenses, that outpaces the performance of the S&P 500® Index. Its strategy involves committing at least 80% of its net assets (inclusive of any borrowed funds for investment purposes) to equities included in the S&P 500 Index, convertible bonds that can be exchanged for these index components, or derivative instruments structured to replicate the returns of the index or its individual constituents. The portfolio manager actively manages the fund's holdings, adjusting both the quantity and proportion of investments, in an ongoing effort to secure superior returns compared to the index and to mitigate the risk of underperformance over time. ### What is the expense ratio of NMIAX? Columbia Large Cap Enhanced Core Fund Class A (NMIAX) charges an expense ratio of 0.83%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is NMIAX? Columbia Large Cap Enhanced Core Fund Class A (NMIAX) is one share class of a fund that manages $513.1M across all of its share classes (NMIMX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is NMIAX actively managed or an index fund? NMIAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (NMIAX's is 0.83%) in exchange for the discretion to over- or under-weight positions. ### When was NMIAX launched? Columbia Large Cap Enhanced Core Fund Class A (NMIAX) launched in July 1996 and is managed by Columbia Threadneedle. ### How has NMIAX performed? NMIAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does NMIAX pay a dividend? Columbia Large Cap Enhanced Core Fund Class A (NMIAX) currently distributes little or no income. Trailing-twelve-month yield is 14.99%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does NMIAX pay dividends? Columbia Large Cap Enhanced Core Fund Class A pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is NMIAX's dividend yield? NMIAX's trailing-twelve-month yield is 14.99%, calculated from the sum of dividends over the past year divided by the current price. ### When is NMIAX's next ex-dividend date? The most recently announced ex-dividend date for NMIAX was 2026-06-22. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will NMIAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.83% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does NMIAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from NMIAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does NMIAX cost more than a fund like VOO? NMIAX is actively managed (current expense ratio 0.83%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether NMIAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to NMIAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as NMIAX (0.83%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/nmiax - Distribution history: https://www.dividenddata.com/funds/nmiax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/nmiax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/nmiax/expenses - Peer comparison: https://www.dividenddata.com/funds/nmiax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.