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Columbia Income Opportunities Fund (AIOAX)

Mutual Fund · Currency in USD · Last updated Mar 24, 2023

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.


150.00%200.00%250.00%300.00%NovemberDecember2023FebruaryMarch
161.66%
286.70%
AIOAX (Columbia Income Opportunities Fund)
Benchmark (^GSPC)

S&P 500

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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.


PeriodReturnBenchmark
1 month0.58%-3.20%
Year-To-Date1.66%2.84%
6 months2.76%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


JanFebMarAprMayJunJulAugSepOctNovDec
20233.27%-1.68%
2022-3.87%2.81%1.93%-0.85%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Columbia Income Opportunities Fund Sharpe ratio is -0.45. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.45
-0.54
AIOAX (Columbia Income Opportunities Fund)
Benchmark (^GSPC)

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.


PeriodTTM20222021202020192018201720162015201420132012
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-8.84%
-17.68%
AIOAX (Columbia Income Opportunities Fund)
Benchmark (^GSPC)

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, 2007391Dec 15, 2008157Jul 31, 2009548
-21.04%Feb 21, 202022Mar 23, 2020175Nov 30, 2020197
-14.28%Jan 3, 2022187Sep 29, 2022
-9.38%Jun 2, 2015177Feb 11, 201681Jun 8, 2016258
-8.13%Aug 2, 201145Oct 4, 201165Jan 6, 2012110
-6.46%Nov 10, 201026Dec 16, 201099May 10, 2011125
-6.39%Oct 4, 201857Dec 26, 201827Feb 5, 201984
-6.02%May 10, 201332Jun 25, 2013131Dec 31, 2013163
-4.56%Nov 4, 201430Dec 16, 201432Feb 3, 201562
-4.41%May 3, 201017May 25, 201039Jul 21, 201056

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.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
6.26%
19.59%
AIOAX (Columbia Income Opportunities Fund)
Benchmark (^GSPC)