Columbia Cornerstone Equity Fund Institutional Class 3 (CLEYX)

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The chart shows the growth of an initial investment of $10,000 in Columbia Cornerstone Equity Fund Institutional Class 3, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Columbia Cornerstone Equity Fund Institutional Class 3 (CLEYX) has returned -9.00% so far this year and 12.31% over the past 12 months.

Based on dividend-adjusted daily data since Mar 1, 2017, CLEYX's average daily return is +0.05%, while the average monthly return is +1.10%. At this rate, your investment would double in approximately 5.3 years.

Historically, 65% of months were positive and 35% were negative. The best month was Apr 2020 with a return of +13.0%, while the worst month was Mar 2020 at -11.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, CLEYX closed higher 53% of trading days. The best single day was Mar 13, 2020 with a return of +9.4%, while the worst single day was Mar 16, 2020 at -12.0%.

Columbia Cornerstone Equity Fund Institutional Class 3 has an annualized alpha of 1.20%, beta of 1.00, and R² of 0.99 versus S&P 500 Index. Calculated based on daily prices since March 02, 2017.

• This fund captured 104.27% of S&P 500 Index gains but only 99.06% of its losses — a favorable profile for investors.
• With beta of 1.00 and R² of 0.99, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

CLEYX has an expense ratio of 0.55%, placing it in the medium range.

CLEYX ranks 30 for risk / return — below 30% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Columbia Cornerstone Equity Fund Institutional Class 3 (CLEYX) and compare them to a chosen benchmark (S&P 500 Index).

Columbia Cornerstone Equity Fund Institutional Class 3 provided a 3.50% dividend yield over the last twelve months, with an annual payout of $0.75 per share.

The table displays the monthly dividend distributions for Columbia Cornerstone Equity Fund Institutional Class 3. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Columbia Cornerstone Equity Fund Institutional Class 3. 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 Cornerstone Equity Fund Institutional Class 3 was 33.40%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.

The current Columbia Cornerstone Equity Fund Institutional Class 3 drawdown is 10.52%.

The chart below shows the rolling one-month volatility.