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).
Share Price Chart
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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.
Compare to other instruments
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.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.95% | -5.31% |
| Year-To-Date | 1.81% | 2.01% |
| 6 months | 2.62% | 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 1.80% | -1.26% | ||||||||||
| 2022 | -2.23% | 0.10% | 2.08% | 0.04% |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 2021 | 307 | Oct 20, 2022 | — | — | — |
| -10.13% | Jan 24, 2008 | 212 | Nov 21, 2008 | 154 | Jul 7, 2009 | 366 |
| -8.01% | Mar 6, 2020 | 13 | Mar 24, 2020 | 48 | Jun 2, 2020 | 61 |
| -5.8% | Sep 2, 2014 | 365 | Feb 12, 2016 | 47 | Apr 21, 2016 | 412 |
| -3.45% | Mar 10, 2004 | 46 | May 13, 2004 | 86 | Sep 16, 2004 | 132 |
| -2.95% | Aug 3, 2011 | 45 | Oct 5, 2011 | 80 | Jan 31, 2012 | 125 |
| -2.81% | Jul 14, 2003 | 36 | Sep 2, 2003 | 78 | Dec 22, 2003 | 114 |
| -1.88% | Feb 10, 2005 | 31 | Mar 28, 2005 | 43 | May 26, 2005 | 74 |
| -1.88% | Nov 8, 2010 | 27 | Dec 15, 2010 | 51 | Mar 1, 2011 | 78 |
| -1.82% | May 1, 2007 | 30 | Jun 12, 2007 | 51 | Aug 23, 2007 | 81 |
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.