Commerce Funds is an open-end management investment company that offers a family of nine mutual funds focused on equity and fixed-income strategies, including capital appreciation, current income, and tax-exempt income with capital preservation. The firm provides equity funds such as Growth (CFGRX), MidCap Growth (CFAGX), MidCap Value (CFMVX), and Value (CFVLX); fixed-income funds including Bond (CFBDX), Short-Term Government (CFSTX), National Tax-Free Intermediate Bond (CFNLX), Missouri Tax-Free Intermediate Bond (CFMOX), and Kansas Tax-Free Intermediate Bond (CFKTX); with the Missouri Tax-Free Intermediate Bond Fund (ticker: CFMOX, inception: February 21, 1995) seeking current income exempt from federal and, to the extent possible, Missouri income taxes through investments primarily in municipal obligations issued by the State of Missouri and its political subdivisions. Commerce Funds operates in the United States, targeting retail and institutional investors seeking diversified investment objectives from aggressive growth to income preservation, with total net assets for CFMOX at approximately $231.6 million as of late 2025. Headquartered in Kansas City, Missouri, the funds are advised by Commerce Investment Advisors, Inc., a subsidiary of Commerce Bancshares, Inc., with administration and distribution by Goldman Sachs & Co. LLC. In recent years, Commerce Investment Advisors has maintained contractual expense limitations through March 1, 2026, on several funds including CFMOX to cap total annual operating expenses (excluding interest, taxes, and extraordinary expenses), while Commerce Bancshares pursued strategic growth through the August 2025 announcement of a $585 million all-stock acquisition of FineMark Holdings, expanding into Florida and Arizona wealth management markets.