Columbia Income Opportunities Fund (AIOAX)
Under normal market conditions, the fund's assets are invested primarily in income-producing debt securities, with an emphasis on the higher rated segment of the high-yield (junk bond) market. These income-producing debt instruments include corporate debt securities as well as bank loans. The fund will purchase only debt instruments rated B or above, or if unrated, determined to be of comparable quality. It may invest in debt instruments of any maturity and does not seek to maintain a particular dollar-weighted average maturity.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in Columbia Income Opportunities Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $26,166 for a total return of roughly 161.66%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
Columbia Income Opportunities Fund had a return of 1.66% year-to-date (YTD) and -3.48% in the last 12 months. Over the past 10 years, Columbia Income Opportunities Fund had an annualized return of 3.02%, while the S&P 500 had an annualized return of 9.76%, indicating that Columbia Income Opportunities Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.58% | -3.20% |
| Year-To-Date | 1.66% | 2.84% |
| 6 months | 2.76% | 4.19% |
| 1 year | -3.48% | -12.48% |
| 5 years (annualized) | 2.24% | 8.83% |
| 10 years (annualized) | 3.02% | 9.76% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 3.27% | -1.68% | ||||||||||
| 2022 | -3.87% | 2.81% | 1.93% | -0.85% |
Dividend History
Columbia Income Opportunities Fund granted a 6.02% dividend yield in the last twelve months. The annual payout for that period amounted to $0.50 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.50 | $0.39 | $0.73 | $0.40 | $0.46 | $0.44 | $0.45 | $0.44 | $0.47 | $0.49 | $0.50 | $0.53 |
Dividend yield | 6.02% | 4.81% | 8.08% | 4.62% | 5.45% | 5.96% | 5.85% | 6.15% | 7.30% | 7.40% | 7.82% | 8.77% |
Monthly Dividends
The table displays the monthly dividend distributions for Columbia Income Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.04 | $0.04 | ||||||||||
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2021 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2020 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.04 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 |
| 2013 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2012 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Columbia Income Opportunities Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Columbia Income Opportunities Fund is 26.88%, recorded on Dec 15, 2008. It took 157 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.88% | May 29, 2007 | 391 | Dec 15, 2008 | 157 | Jul 31, 2009 | 548 |
| -21.04% | Feb 21, 2020 | 22 | Mar 23, 2020 | 175 | Nov 30, 2020 | 197 |
| -14.28% | Jan 3, 2022 | 187 | Sep 29, 2022 | — | — | — |
| -9.38% | Jun 2, 2015 | 177 | Feb 11, 2016 | 81 | Jun 8, 2016 | 258 |
| -8.13% | Aug 2, 2011 | 45 | Oct 4, 2011 | 65 | Jan 6, 2012 | 110 |
| -6.46% | Nov 10, 2010 | 26 | Dec 16, 2010 | 99 | May 10, 2011 | 125 |
| -6.39% | Oct 4, 2018 | 57 | Dec 26, 2018 | 27 | Feb 5, 2019 | 84 |
| -6.02% | May 10, 2013 | 32 | Jun 25, 2013 | 131 | Dec 31, 2013 | 163 |
| -4.56% | Nov 4, 2014 | 30 | Dec 16, 2014 | 32 | Feb 3, 2015 | 62 |
| -4.41% | May 3, 2010 | 17 | May 25, 2010 | 39 | Jul 21, 2010 | 56 |
Volatility Chart
Current Columbia Income Opportunities Fund volatility is 6.26%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.