PortfoliosLab logo
Columbia Income Opportunities Fund (AIOAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US19763T1034

CUSIP

19763T103

Inception Date

Jun 19, 2003

Min. Investment

$2,000

Asset Class

Bond

Expense Ratio

AIOAX has a high expense ratio of 0.96%, indicating above-average management fees.


Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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.


200.00%300.00%400.00%500.00%December2025FebruaryMarchAprilMay
195.12%
465.15%
AIOAX (Columbia Income Opportunities Fund)
Benchmark (^GSPC)

Returns By Period

Columbia Income Opportunities Fund (AIOAX) returned 1.32% year-to-date (YTD) and 6.18% over the past 12 months. Over the past 10 years, AIOAX returned 3.29% annually, underperforming the S&P 500 benchmark at 10.43%.


AIOAX

YTD

1.32%

1M

2.59%

6M

1.45%

1Y

6.18%

5Y*

4.39%

10Y*

3.29%

^GSPC (Benchmark)

YTD

-3.70%

1M

13.67%

6M

-5.18%

1Y

9.18%

5Y*

14.14%

10Y*

10.43%

*Annualized

Monthly Returns

The table below presents the monthly returns of AIOAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.29%0.48%-0.67%-0.12%0.35%1.32%
2024-0.23%0.12%1.03%-0.72%1.15%1.04%1.49%1.49%0.92%-0.90%1.03%-0.55%5.98%
20233.27%-1.68%1.77%0.78%-1.01%1.28%1.27%0.20%-1.33%-0.87%4.18%3.27%11.50%
2022-3.03%-0.76%-0.77%-3.53%0.69%-6.71%6.30%-2.38%-3.87%2.81%1.93%-0.85%-10.31%
2021-0.01%0.20%0.01%1.03%0.09%1.52%0.29%0.55%-0.17%-0.18%-1.00%-1.13%1.20%
2020-0.14%-1.54%-12.14%3.61%4.40%0.22%4.88%0.45%-1.21%0.37%3.33%1.62%2.71%
20195.03%1.57%0.93%1.44%-1.03%2.69%0.60%1.00%0.50%0.39%0.68%1.58%16.38%
20180.17%-1.34%-0.86%0.48%-0.56%0.07%1.43%1.00%0.48%-1.80%-0.67%-2.59%-4.19%
20171.09%1.29%-0.33%1.20%0.79%0.27%1.17%-0.13%0.67%0.27%-0.33%0.07%6.18%
2016-1.09%1.30%2.38%2.32%-0.03%0.18%2.17%1.92%0.26%-0.25%-0.76%1.50%10.25%
20151.28%1.97%-0.43%0.86%0.26%-1.52%0.37%-1.34%-2.68%3.47%-2.28%-1.60%-1.82%
20140.61%2.19%0.00%0.48%0.87%0.66%-1.49%1.75%-2.09%2.19%-0.61%-1.13%3.37%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 92, AIOAX is among the top 8% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of AIOAX is 9292
Overall Rank
The Sharpe Ratio Rank of AIOAX is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of AIOAX is 9292
Sortino Ratio Rank
The Omega Ratio Rank of AIOAX is 9292
Omega Ratio Rank
The Calmar Ratio Rank of AIOAX is 9393
Calmar Ratio Rank
The Martin Ratio Rank of AIOAX is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Columbia Income Opportunities Fund Sharpe ratios as of May 9, 2025 (values are recalculated daily):

  • 1-Year: 1.83
  • 5-Year: 0.84
  • 10-Year: 0.58
  • All Time: 1.00

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Columbia Income Opportunities Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00December2025FebruaryMarchAprilMay
1.83
0.48
AIOAX (Columbia Income Opportunities Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Columbia Income Opportunities Fund provided a 5.09% dividend yield over the last twelve months, with an annual payout of $0.44 per share. The fund has been increasing its distributions for 2 consecutive years.


4.00%4.50%5.00%5.50%$0.00$0.10$0.20$0.30$0.40$0.5020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.44$0.47$0.46$0.39$0.44$0.41$0.46$0.44$0.45$0.44$0.44$0.46

Dividend yield

5.09%5.44%5.24%4.79%4.58%4.08%4.59%4.79%4.48%4.51%4.77%4.62%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.04$0.04$0.04$0.00$0.00$0.13
2024$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.47
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$0.46
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$0.39
2021$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.03$0.03$0.03$0.44
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$0.41
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$0.46
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$0.44
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$0.45
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$0.44
2015$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.44
2014$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.46

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-0.44%
-7.82%
AIOAX (Columbia Income Opportunities Fund)
Benchmark (^GSPC)

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 0.44%.


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
-16.63%Sep 17, 2021261Sep 29, 2022446Jul 11, 2024707
-9.68%Jun 2, 2015177Feb 11, 2016101Jul 7, 2016278
-8.14%Aug 2, 201145Oct 4, 201179Jan 27, 2012124

Volatility

Volatility Chart

The current Columbia Income Opportunities Fund volatility is 1.15%, 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.


0.00%5.00%10.00%15.00%December2025FebruaryMarchAprilMay
1.15%
11.21%
AIOAX (Columbia Income Opportunities Fund)
Benchmark (^GSPC)