Columbia Bond Fund (UMMGX)

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The chart shows the growth of an initial investment of $10,000 in Columbia 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.

Columbia Bond Fund (UMMGX) has returned 0.03% so far this year and 4.89% over the past 12 months. Over the last ten years, UMMGX has returned 2.07% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 9, 1986, UMMGX's average daily return is +0.02%, while the average monthly return is +0.40%. At this rate, your investment would double in approximately 14.5 years.

Historically, 65% of months were positive and 35% were negative. The best month was May 1995 with a return of +5.6%, while the worst month was May 1986 at -5.6%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 7 months.

On a daily basis, UMMGX closed higher 44% of trading days. The best single day was Apr 2, 1990 with a return of +2.7%, while the worst single day was Jun 2, 1987 at -4.9%.

Columbia Bond Fund has an annualized alpha of 4.86%, beta of 0.00, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 10, 1986.

• This fund captured 15.09% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -1.33%) — a profile typical of hedging or uncorrelated assets.
• Beta of 0.00 may look defensive, but with R² of 0.00 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 0.00 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.

UMMGX has an expense ratio of 0.52%, placing it in the medium range.

UMMGX ranks 72 for risk / return — better than 72% 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 Bond Fund (UMMGX) and compare them to a chosen benchmark (S&P 500 Index).

Columbia Bond Fund provided a 4.08% dividend yield over the last twelve months, with an annual payout of $1.22 per share.

The table displays the monthly dividend distributions for Columbia Bond 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 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 Bond Fund was 20.86%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current Columbia Bond Fund drawdown is 2.58%.

The chart below shows the rolling one-month volatility.