Columbia Mortgage Opportunities Fund (CLMVX)

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Columbia Mortgage Opportunities Fund (CLMVX) is up 0.7% since the beginning of the year. CLMVX is currently trading at $8 per share. Investors who bought $1,000 worth of CLMVX shares 5 years ago would now be looking at an investment worth $1,042.

Columbia Mortgage Opportunities Fund (CLMVX) has returned 0.66% so far this year and 6.69% over the past 12 months. Over the last ten years, CLMVX has returned 4.27% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since May 1, 2014, CLMVX's average daily return is +0.02%, while the average monthly return is +0.35%. At this rate, an investment would double in approximately 16.5 years.

Historically, 70% of months were positive and 30% were negative. The best month was Nov 2023 with a return of +6.0%, while the worst month was Mar 2020 at -10.7%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.

On a daily basis, CLMVX closed higher 44% of trading days. The best single day was Nov 10, 2022 with a return of +2.1%, while the worst single day was Mar 25, 2020 at -3.6%.

Columbia Mortgage Opportunities Fund has an annualized alpha of 3.83%, beta of 0.03, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since May 01, 2014.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (21.24%) than losses (20.42%) - typical of diversified or defensive assets.
• Beta of 0.03 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CLMVX has an expense ratio of 0.70%, placing it in the medium range.

CLMVX ranks 35 for risk / return — below 35% 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.

Columbia Mortgage Opportunities Fund provided a 4.95% dividend yield over the last twelve months, with an annual payout of $0.42 per share.

The table displays the monthly dividend distributions for Columbia Mortgage Opportunities Fund. 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 Mortgage Opportunities 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 Mortgage Opportunities Fund was 22.15%, occurring on Oct 25, 2023. Recovery took 462 trading sessions.

The current Columbia Mortgage Opportunities Fund drawdown is 1.76%.

The chart below shows the rolling one-month volatility.