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Columbia Limited Duration Credit Fund (ALDAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS19763T4590
CUSIP19763T459
IssuerColumbia Threadneedle
Inception DateJun 19, 2003
CategoryShort-Term Bond
Min. Investment$2,000
Asset ClassBond

Expense Ratio

ALDAX has a high expense ratio of 0.76%, indicating higher-than-average management fees.


Expense ratio chart for ALDAX: current value at 0.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.76%

Share Price Chart


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Compare to other instruments

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


Columbia Limited Duration Credit Fund

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.


100.00%200.00%300.00%400.00%2024FebruaryMarchAprilMayJune
75.02%
441.96%
ALDAX (Columbia Limited Duration Credit Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Columbia Limited Duration Credit Fund had a return of 1.36% year-to-date (YTD) and 5.80% in the last 12 months. Over the past 10 years, Columbia Limited Duration Credit Fund had an annualized return of 1.76%, while the S&P 500 had an annualized return of 10.85%, indicating that Columbia Limited Duration Credit Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date1.36%13.87%
1 month0.50%2.33%
6 months1.98%15.10%
1 year5.80%22.72%
5 years (annualized)1.66%13.49%
10 years (annualized)1.76%10.85%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.49%-0.64%0.70%-0.63%0.92%1.36%
20231.80%-1.26%1.91%0.42%-0.50%-0.19%0.55%0.15%-0.57%-0.03%2.32%1.77%6.51%
2022-1.41%-0.92%-1.63%-1.96%0.94%-1.93%1.85%-1.38%-2.23%0.10%2.08%0.04%-6.37%
2021-0.02%-0.31%-0.32%0.36%0.35%-0.13%0.25%-0.04%-0.23%-0.52%-0.33%0.05%-0.89%
20200.86%0.65%-5.25%4.31%1.45%1.22%1.07%0.11%-0.28%0.19%0.76%0.46%5.44%
20191.26%0.42%1.04%0.62%0.50%1.10%0.19%0.78%-0.02%0.47%0.07%0.56%7.23%
2018-0.38%-0.38%-0.07%-0.16%0.46%-0.25%0.28%0.49%-0.11%-0.22%-0.20%0.53%-0.03%
20170.43%0.22%0.01%0.33%0.33%-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%-0.21%0.90%0.56%0.56%0.22%0.12%-0.70%0.32%6.24%
20150.28%0.79%0.06%0.26%-0.04%-0.55%-0.44%-0.96%-0.23%0.93%-0.08%-1.75%-1.75%
20140.54%0.34%0.03%0.54%0.33%0.02%-0.08%0.32%-0.57%0.14%-0.24%-0.94%0.43%
20130.13%0.23%0.13%0.41%-0.28%-0.87%0.42%-0.18%0.40%0.50%0.10%0.23%1.22%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of ALDAX is 82, placing it in the top 18% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of ALDAX is 8282
ALDAX (Columbia Limited Duration Credit Fund)
The Sharpe Ratio Rank of ALDAX is 8181Sharpe Ratio Rank
The Sortino Ratio Rank of ALDAX is 8787Sortino Ratio Rank
The Omega Ratio Rank of ALDAX is 8484Omega Ratio Rank
The Calmar Ratio Rank of ALDAX is 6767Calmar Ratio Rank
The Martin Ratio Rank of ALDAX is 9292Martin 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 Limited Duration Credit Fund (ALDAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ALDAX
Sharpe ratio
The chart of Sharpe ratio for ALDAX, currently valued at 1.99, compared to the broader market-1.000.001.002.003.004.001.99
Sortino ratio
The chart of Sortino ratio for ALDAX, currently valued at 3.26, compared to the broader market0.005.0010.003.26
Omega ratio
The chart of Omega ratio for ALDAX, currently valued at 1.39, compared to the broader market1.002.003.004.001.39
Calmar ratio
The chart of Calmar ratio for ALDAX, currently valued at 1.00, compared to the broader market0.005.0010.0015.001.00
Martin ratio
The chart of Martin ratio for ALDAX, currently valued at 12.40, compared to the broader market0.0020.0040.0060.0080.0012.40
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.14, compared to the broader market-1.000.001.002.003.004.002.14
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.04, compared to the broader market0.005.0010.003.04
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.38, compared to the broader market1.002.003.004.001.38
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.71, compared to the broader market0.005.0010.0015.001.71
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.02, compared to the broader market0.0020.0040.0060.0080.008.02

Sharpe Ratio

The current Columbia Limited Duration Credit Fund Sharpe ratio is 1.99. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Columbia Limited Duration Credit Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.002024FebruaryMarchAprilMayJune
1.99
2.14
ALDAX (Columbia Limited Duration Credit Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Columbia Limited Duration Credit Fund granted a 3.29% dividend yield in the last twelve months. The annual payout for that period amounted to $0.32 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.32$0.28$0.17$0.15$0.15$0.23$0.20$0.15$0.19$0.21$0.17$0.32

Dividend yield

3.29%2.89%1.80%1.44%1.46%2.26%2.04%1.55%1.95%2.27%1.77%3.24%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.03$0.03$0.03$0.03$0.03$0.00$0.14
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$0.07$0.15
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$0.01$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$0.03$0.17
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$0.32

Drawdowns

Drawdowns Chart

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


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%2024FebruaryMarchAprilMayJune
-0.10%
-0.04%
ALDAX (Columbia Limited Duration Credit Fund)
Benchmark (^GSPC)

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 10.25%, occurring on Oct 20, 2022. Recovery took 413 trading sessions.

The current Columbia Limited Duration Credit Fund drawdown is 0.10%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-10.25%Aug 4, 2021307Oct 20, 2022413Jun 13, 2024720
-10.13%Jan 24, 2008211Nov 21, 2008154Jul 7, 2009365
-8.01%Mar 6, 202013Mar 24, 202048Jun 2, 202061
-5.79%Sep 2, 2014366Feb 12, 201647Apr 21, 2016413
-3.45%Mar 18, 200440May 13, 200486Sep 16, 2004126

Volatility

Volatility Chart

The current Columbia Limited Duration Credit Fund volatility is 0.76%, 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.


1.00%2.00%3.00%4.00%2024FebruaryMarchAprilMayJune
0.76%
2.26%
ALDAX (Columbia Limited Duration Credit Fund)
Benchmark (^GSPC)