Columbia Limited Duration Credit Fund (ALDAX)
Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in corporate bonds. It primarily invests in debt securities with short- and intermediate-term maturities generally similar to those included in the fund's benchmark index, the Bloomberg U.S. 1-5 Year Corporate Index (the index).
Fund Info
US19763T4590
19763T459
Jun 19, 2003
$2,000
Expense Ratio
ALDAX features an expense ratio of 0.76%, falling within the medium range.
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 Limited Duration Credit 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 Limited Duration Credit Fund had a return of 3.86% year-to-date (YTD) and 4.40% in the last 12 months. Over the past 10 years, Columbia Limited Duration Credit Fund had an annualized return of 2.07%, while the S&P 500 had an annualized return of 11.10%, indicating that Columbia Limited Duration Credit Fund did not perform as well as the benchmark.
ALDAX
3.86%
-0.20%
2.56%
4.40%
1.54%
2.07%
^GSPC (Benchmark)
24.66%
0.49%
8.64%
26.56%
13.06%
11.10%
Monthly Returns
The table below presents the monthly returns of ALDAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.50% | -0.64% | 0.70% | -0.63% | 0.93% | 0.61% | 1.44% | 1.11% | 1.01% | -0.90% | 0.20% | 3.86% | |
| 2023 | 1.81% | -1.26% | 1.91% | 0.43% | -0.50% | -0.19% | 0.56% | 0.15% | -0.57% | -0.02% | 2.32% | 1.78% | 6.54% |
| 2022 | -1.41% | -0.92% | -1.62% | -1.96% | 0.94% | -1.92% | 1.85% | -1.38% | -2.22% | 0.10% | 2.08% | 0.04% | -6.37% |
| 2021 | -0.02% | -0.32% | -0.32% | 0.36% | 0.36% | -0.13% | 0.25% | -0.04% | -0.23% | -0.52% | -0.33% | -0.62% | -1.56% |
| 2020 | 0.85% | 0.65% | -5.25% | 4.31% | 1.45% | 1.22% | 1.07% | 0.11% | -0.28% | 0.19% | 0.76% | 0.46% | 5.43% |
| 2019 | 1.26% | 0.42% | 1.04% | 0.62% | 0.51% | 1.10% | 0.19% | 0.78% | -0.02% | 0.47% | 0.07% | 0.57% | 7.24% |
| 2018 | -0.38% | -0.38% | -0.07% | -0.16% | 0.47% | -0.25% | 0.28% | 0.50% | -0.11% | -0.22% | -0.20% | 0.53% | 0.00% |
| 2017 | 0.43% | 0.22% | 0.01% | 0.33% | 0.32% | -0.07% | 0.54% | 0.23% | -0.07% | 0.14% | -0.36% | 0.04% | 1.77% |
| 2016 | -1.38% | 0.00% | 3.47% | 2.30% | -0.22% | 0.90% | 0.56% | 0.56% | 0.22% | 0.12% | -0.70% | 0.32% | 6.24% |
| 2015 | 0.28% | 0.79% | 0.06% | 0.26% | -0.04% | -0.55% | -0.44% | -0.96% | -0.23% | 0.93% | -0.08% | -1.75% | -1.75% |
| 2014 | 0.55% | 0.34% | 0.03% | 0.54% | 0.33% | 0.02% | -0.08% | 0.32% | -0.57% | 0.14% | -0.24% | -1.04% | 0.33% |
| 2013 | 0.13% | 0.23% | 0.13% | 0.42% | -0.28% | -0.87% | 0.42% | -0.18% | 0.40% | 0.50% | 0.10% | -0.80% | 0.19% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 82, ALDAX is among the top 18% 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Columbia Limited Duration Credit Fund (ALDAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Columbia Limited Duration Credit Fund provided a 3.26% dividend yield over the last twelve months, with an annual payout of $0.32 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.32 | $0.28 | $0.17 | $0.08 | $0.15 | $0.23 | $0.20 | $0.15 | $0.19 | $0.21 | $0.16 | $0.22 |
Dividend yield | 3.26% | 2.92% | 1.80% | 0.76% | 1.44% | 2.27% | 2.07% | 1.56% | 1.95% | 2.27% | 1.68% | 2.21% |
Monthly Dividends
The table displays the monthly dividend distributions for Columbia Limited Duration Credit 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.29 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.28 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.17 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.08 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.15 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.15 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.19 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.16 |
| 2013 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.03 | $0.03 | $0.03 | $0.03 | $0.22 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Columbia Limited Duration Credit 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 Limited Duration Credit Fund was 10.85%, occurring on Oct 20, 2022. Recovery took 431 trading sessions.
The current Columbia Limited Duration Credit Fund drawdown is 1.31%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.85% | Aug 4, 2021 | 307 | Oct 20, 2022 | 431 | Jul 11, 2024 | 738 |
| -10.13% | Jan 24, 2008 | 211 | Nov 21, 2008 | 154 | Jul 7, 2009 | 365 |
| -8.01% | Mar 6, 2020 | 13 | Mar 24, 2020 | 48 | Jun 2, 2020 | 61 |
| -5.88% | Sep 2, 2014 | 366 | Feb 12, 2016 | 47 | Apr 21, 2016 | 413 |
| -3.45% | Mar 18, 2004 | 40 | May 13, 2004 | 86 | Sep 16, 2004 | 126 |
Volatility
Volatility Chart
The current Columbia Limited Duration Credit Fund volatility is 0.64%, 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.