Columbia Ultra Short Term Bond Fund (CMGUX)
Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in a diversified portfolio of domestic debt securities of investment grade quality. Debt securities may be issued by governments, companies or special purpose entities and may include notes, bonds, debentures and commercial paper. Under normal circumstances, the fund's dollar weighted average effective maturity will be two years or less, and its duration will be one year or less.
Fund Info
| ISIN | US19765E8232 |
|---|---|
| Issuer | Columbia Threadneedle |
| Inception Date | Mar 8, 2004 |
| Category | Ultrashort Bond |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
The Columbia Ultra Short Term Bond Fund has a high expense ratio of 0.25%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Columbia Ultra Short Term Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Columbia Ultra Short Term Bond Fund had a return of 1.42% year-to-date (YTD) and 6.22% in the last 12 months. Over the past 10 years, Columbia Ultra Short Term Bond Fund had an annualized return of 1.82%, while the S&P 500 had an annualized return of 10.42%, indicating that Columbia Ultra Short Term Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.42% | 5.05% |
| 1 month | 0.37% | -4.27% |
| 6 months | 3.27% | 18.82% |
| 1 year | 6.22% | 21.22% |
| 5 years (annualized) | 2.51% | 11.38% |
| 10 years (annualized) | 1.82% | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.59% | 0.34% | 0.48% | |||||||||
| 2023 | 0.45% | 0.37% | 0.71% | 0.74% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Columbia Ultra Short Term Bond Fund(CMGUX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Columbia Ultra Short Term Bond Fund (CMGUX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Columbia Ultra Short Term Bond Fund granted a 4.13% dividend yield in the last twelve months. The annual payout for that period amounted to $0.38 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.35 | $0.12 | $0.06 | $0.14 | $0.23 | $0.18 | $0.11 | $0.08 | $0.04 | $0.03 | $0.05 |
Dividend yield | 4.13% | 3.84% | 1.38% | 0.62% | 1.53% | 2.50% | 1.99% | 1.24% | 0.87% | 0.40% | 0.38% | 0.56% |
Monthly Dividends
The table displays the monthly dividend distributions for Columbia Ultra Short Term Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | |||||||||
| 2023 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $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 | $0.01 | $0.01 | $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 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.01 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Columbia Ultra Short Term Bond 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 Ultra Short Term Bond Fund was 3.42%, occurring on May 3, 2006. Recovery took 167 trading sessions.
The current Columbia Ultra Short Term Bond Fund drawdown is 0.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -3.42% | May 3, 2006 | 1 | May 3, 2006 | 167 | Jan 3, 2007 | 168 |
| -3.09% | Mar 9, 2020 | 12 | Mar 24, 2020 | 49 | Jun 3, 2020 | 61 |
| -2.07% | Sep 11, 2008 | 53 | Nov 24, 2008 | 94 | Apr 13, 2009 | 147 |
| -1.56% | Aug 1, 2007 | 17 | Aug 23, 2007 | 101 | Jan 17, 2008 | 118 |
| -0.92% | Oct 15, 2021 | 186 | Jul 13, 2022 | 94 | Nov 23, 2022 | 280 |
Volatility
Volatility Chart
The current Columbia Ultra Short Term Bond Fund volatility is 0.36%, 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.