PortfoliosLab logo

Columbia Limited Duration Credit Fund (ALDAX)

Mutual Fund · Currency in USD · Last updated Mar 18, 2023

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).

Share Price Chart


Loading data...

Performance

The chart shows the growth of $10,000 invested in Columbia Limited Duration Credit Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $16,419 for a total return of roughly 64.19%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
3.62%
6.47%
ALDAX (Columbia Limited Duration Credit Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with ALDAX

Return

Columbia Limited Duration Credit Fund had a return of 1.81% year-to-date (YTD) and -0.72% in the last 12 months. Over the past 10 years, Columbia Limited Duration Credit Fund had an annualized return of 1.40%, while the S&P 500 had an annualized return of 9.85%, indicating that Columbia Limited Duration Credit Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.95%-5.31%
Year-To-Date1.81%2.01%
6 months2.62%0.39%
1 year-0.72%-10.12%
5 years (annualized)1.55%7.32%
10 years (annualized)1.40%9.85%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20231.80%-1.26%
2022-2.23%0.10%2.08%0.04%

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 Limited Duration Credit Fund Sharpe ratio is -0.18. 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.


-2.50-2.00-1.50-1.00-0.500.00NovemberDecember2023FebruaryMarch
-0.18
-0.43
ALDAX (Columbia Limited Duration Credit Fund)
Benchmark (^GSPC)

Dividend History

Columbia Limited Duration Credit Fund granted a 2.25% dividend yield in the last twelve months. The annual payout for that period amounted to $0.21 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.21$0.17$0.15$0.15$0.23$0.20$0.15$0.19$0.21$0.17$0.32$0.35

Dividend yield

2.25%1.81%1.48%1.51%2.39%2.23%1.72%2.18%2.58%2.07%3.84%4.29%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.02$0.02
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
2021$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.07
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
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
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
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
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
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
2014$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.03
2013$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.03$0.03$0.03$0.13
2012$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.16$0.02

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%NovemberDecember2023FebruaryMarch
-5.78%
-18.34%
ALDAX (Columbia Limited Duration Credit Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Columbia Limited Duration Credit 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 Limited Duration Credit Fund is 10.25%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-10.25%Aug 4, 2021307Oct 20, 2022
-10.13%Jan 24, 2008212Nov 21, 2008154Jul 7, 2009366
-8.01%Mar 6, 202013Mar 24, 202048Jun 2, 202061
-5.8%Sep 2, 2014365Feb 12, 201647Apr 21, 2016412
-3.45%Mar 10, 200446May 13, 200486Sep 16, 2004132
-2.95%Aug 3, 201145Oct 5, 201180Jan 31, 2012125
-2.81%Jul 14, 200336Sep 2, 200378Dec 22, 2003114
-1.88%Feb 10, 200531Mar 28, 200543May 26, 200574
-1.88%Nov 8, 201027Dec 15, 201051Mar 1, 201178
-1.82%May 1, 200730Jun 12, 200751Aug 23, 200781

Volatility Chart

Current Columbia Limited Duration Credit Fund volatility is 5.69%. 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
5.69%
21.17%
ALDAX (Columbia Limited Duration Credit Fund)
Benchmark (^GSPC)