Columbia Large Cap Enhanced Core Fund (NMIMX)

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Columbia Large Cap Enhanced Core Fund (NMIMX) is up 9.0% since the beginning of the year. NMIMX is currently trading at $31 per share. Investors who bought $1,000 worth of NMIMX shares 5 years ago would now be looking at an investment worth $1,933.

Columbia Large Cap Enhanced Core Fund (NMIMX) has returned 8.97% so far this year and 27.76% over the past 12 months. Looking at the last ten years, NMIMX has achieved an annualized return of 15.12%, outperforming the S&P 500 Index benchmark, which averaged 13.75% per year.

Based on dividend-adjusted daily data since Jul 31, 1996, NMIMX's average daily return is +0.05%, while the average monthly return is +1.05%. At this rate, an investment would double in approximately 5.5 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +13.4%, while the worst month was Oct 2008 at -16.8%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.

On a daily basis, NMIMX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +12.3%, while the worst single day was Mar 16, 2020 at -11.7%.

Columbia Large Cap Enhanced Core Fund has an annualized alpha of 3.14%, beta of 1.00, and R2 of 0.97 versus S&P 500 Index. Calculated based on daily prices since August 01, 1996.

• This fund captured 109.25% of S&P 500 Index gains but only 94.71% of its losses - a favorable profile for investors.
• This fund generated an annualized alpha of 3.14% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• With beta of 1.00 and R2 of 0.97, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

NMIMX has an expense ratio of 0.58%, placing it in the medium range.

NMIMX ranks 64 for risk / return — better than 64% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Columbia Large Cap Enhanced Core Fund (NMIMX) and compare them to S&P 500 Index.

Columbia Large Cap Enhanced Core Fund provided a 11.98% dividend yield over the last twelve months, with an annual payout of $3.71 per share.

The table displays the monthly dividend distributions for Columbia Large Cap Enhanced Core 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 Large Cap Enhanced Core 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 Large Cap Enhanced Core Fund was 55.46%, occurring on Mar 9, 2009. Recovery took 769 trading sessions.

The chart below shows the rolling one-month volatility.