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.
Fund Info
| ISIN | US19763T1034 |
|---|---|
| CUSIP | 19763T103 |
| Issuer | Columbia Threadneedle |
| Inception Date | Jun 19, 2003 |
| Category | High Yield Bonds |
| Min. Investment | $2,000 |
| Asset Class | Bond |
Expense Ratio
The Columbia Income Opportunities Fund has a high expense ratio of 0.96%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Columbia Income Opportunities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Columbia Income Opportunities Fund had a return of -0.26% year-to-date (YTD) and 7.47% in the last 12 months. Over the past 10 years, Columbia Income Opportunities Fund had an annualized return of 3.30%, while the S&P 500 had an annualized return of 10.55%, indicating that Columbia Income Opportunities Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.26% | 6.33% |
| 1 month | -0.73% | -2.81% |
| 6 months | 8.20% | 21.13% |
| 1 year | 7.47% | 24.56% |
| 5 years (annualized) | 2.71% | 11.55% |
| 10 years (annualized) | 3.30% | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.23% | 0.12% | 1.02% | |||||||||
| 2023 | -1.33% | -0.87% | 4.18% | 3.27% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Columbia Income Opportunities Fund(AIOAX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Columbia Income Opportunities Fund (AIOAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Columbia Income Opportunities Fund granted a 5.35% dividend yield in the last twelve months. The annual payout for that period amounted to $0.46 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.46 | $0.45 | $0.39 | $0.73 | $0.40 | $0.46 | $0.43 | $0.44 | $0.44 | $0.47 | $0.49 | $0.50 |
Dividend yield | 5.35% | 5.21% | 4.77% | 7.65% | 4.06% | 4.57% | 4.77% | 4.47% | 4.51% | 5.11% | 4.93% | 4.97% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.04 | $0.04 | |||||||||
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 |
| 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 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Columbia Income Opportunities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Columbia Income Opportunities Fund was 26.88%, occurring on Dec 15, 2008. Recovery took 157 trading sessions.
The current Columbia Income Opportunities Fund drawdown is 1.16%.
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 | 359 | Mar 6, 2024 | 546 |
| -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 |
Volatility
Volatility Chart
The current Columbia Income Opportunities Fund volatility is 1.06%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.