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

Columbia Limited Duration Credit Fund (ALDAX)

Mutual Fund · Currency in USD · Last updated May 30, 2025

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

ISIN

US19763T4590

CUSIP

19763T459

Issuer

Columbia Threadneedle

Inception Date

Jun 19, 2003

Category

Short-Term Bond

Min. Investment

$2,000

Asset Class

Bond

Expense Ratio

ALDAX has an expense ratio of 0.76%, placing it in the medium range.

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

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S&P 500

Returns By Period

Columbia Limited Duration Credit Fund (ALDAX) returned 1.98% year-to-date (YTD) and 6.41% over the past 12 months. Over the past 10 years, ALDAX returned 2.26% annually, underperforming the S&P 500 benchmark at 10.84%.

ALDAX

YTD

1.98%

1M

0.11%

6M

2.29%

1Y

6.41%

3Y*

3.80%

5Y*

1.77%

10Y*

2.26%

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

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
20250.52%0.82%0.41%0.52%-0.30%1.98%
20240.50%-0.64%0.70%-0.63%0.92%0.61%1.44%1.11%1.01%-0.90%0.51%-0.10%4.58%
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%
2022-1.40%-0.92%-1.63%-1.96%0.94%-1.92%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%0.27%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%-0.22%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%-1.74%
20140.55%0.34%0.03%0.54%0.33%0.02%-0.08%0.32%-0.57%0.14%-0.24%-0.95%0.43%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 95, ALDAX is among the top 5% 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 ALDAX is 9595
Overall Rank
The Sharpe Ratio Rank of ALDAX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of ALDAX is 9595
Sortino Ratio Rank
The Omega Ratio Rank of ALDAX is 9393
Omega Ratio Rank
The Calmar Ratio Rank of ALDAX is 9696
Calmar Ratio Rank
The Martin Ratio Rank of ALDAX is 9494
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 Limited Duration Credit Fund (ALDAX) 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 Limited Duration Credit Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 2.52
  • 5-Year: 0.62
  • 10-Year: 0.87
  • All Time: 1.04

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 Limited Duration Credit Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Columbia Limited Duration Credit Fund provided a 3.64% dividend yield over the last twelve months, with an annual payout of $0.36 per share. The fund has been increasing its distributions for 3 consecutive years.

1.50%2.00%2.50%3.00%3.50%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.3520142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.36$0.35$0.28$0.17$0.15$0.15$0.23$0.20$0.15$0.19$0.21$0.17

Dividend yield

3.64%3.56%2.92%1.80%1.44%1.44%2.27%2.07%1.56%1.95%2.27%1.78%

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
2025$0.03$0.03$0.03$0.03$0.00$0.12
2024$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.35
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$0.08$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$0.02$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$0.03$0.17

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.

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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 0.30%.

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
-5.8%Sep 2, 2014366Feb 12, 201647Apr 21, 2016413
-3.45%Mar 18, 200440May 13, 200486Sep 16, 2004126
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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