LBSAX vs. GNYTX

Last updated Aug 1, 2026

LBSAX (Columbia Dividend Income Fund Class A) and GNYTX (Columbia New York Intermediate Municipal Bond Fund) are both mutual funds - LBSAX is a Large Cap Value Equities fund managed by Columbia, while GNYTX is a Municipal Bonds fund managed by Columbia. Over the past 10 years, LBSAX returned 12.25%/yr vs 1.59%/yr for GNYTX. Their -0.10 correlation means they have often moved in opposite directions in the past. LBSAX charges 0.90%/yr vs 0.48%/yr for GNYTX.

Performance

LBSAX vs. GNYTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Dividend Income Fund Class A (LBSAX) and Columbia New York Intermediate Municipal Bond Fund (GNYTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LBSAX achieves a 12.04% return, which is significantly higher than GNYTX's 0.23% return. Over the past 10 years, LBSAX has outperformed GNYTX with an annualized return of 12.25%, while GNYTX has yielded a comparatively lower 1.59% annualized return.

LBSAX

• 1D: -0.02%
• 1M: 0.70%
• 6M: 7.67%
• YTD: 12.04%
• 1Y: 21.71%
• 3Y*: 15.05%
• 5Y*: 10.80%
• 10Y*: 12.25%
• ALL TIME*: 10.37%

GNYTX

• 1D: -0.18%
• 1M: -1.43%
• 6M: -0.64%
• YTD: 0.23%
• 1Y: 3.61%
• 3Y*: 2.87%
• 5Y*: 0.48%
• 10Y*: 1.59%
• ALL TIME*: 3.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GNYTX Columbia New York Intermediate Municipal Bond Fund	$0.00	$0.00	$0.00
LBSAX Columbia Dividend Income Fund Class A	$0.00	$0.00	$0.00

LBSAX vs. GNYTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LBSAX Columbia Dividend Income Fund Class A	12.04%	15.58%	14.73%	10.26%	-5.19%	25.97%	7.48%	27.84%	-4.62%	19.96%
GNYTX Columbia New York Intermediate Municipal Bond Fund	0.23%	4.91%	1.16%	4.41%	-7.24%	1.47%	3.66%	6.60%	1.10%	3.90%

Correlation

The correlation between LBSAX and GNYTX is 0.11, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.11
Correlation (3Y) Balances recent behavior with more history.	0.13
Correlation (5Y) Shows whether the relationship held over a longer period.	0.08
Correlation (10Y) Provides a long-term view across more market conditions.	-0.00
Correlation (All Time) Calculated using the full available price history since Nov 22, 2002	-0.10

The correlation between LBSAX and GNYTX shifts across timeframes, from -0.10 (all time) to 0.13 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

LBSAX vs. GNYTX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LBSAX

LBSAX Risk / Return Rank: 89
LBSAX Sharpe Ratio Rank: 89
LBSAX Sortino Ratio Rank: 87
LBSAX Omega Ratio Rank: 84
LBSAX Calmar Ratio Rank: 92
LBSAX Martin Ratio Rank: 93

GNYTX

GNYTX Risk / Return Rank: 69
GNYTX Sharpe Ratio Rank: 84
GNYTX Sortino Ratio Rank: 81
GNYTX Omega Ratio Rank: 94
GNYTX Calmar Ratio Rank: 47
GNYTX Martin Ratio Rank: 40

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LBSAX vs. GNYTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Dividend Income Fund Class A (LBSAX) and Columbia New York Intermediate Municipal Bond Fund (GNYTX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LBSAX	GNYTX	Difference
Sharpe ratio: Return per unit of total volatility	2.18	2.07	+0.12
Sortino ratio: Return per unit of downside risk	3.19	2.87	+0.32
Omega ratio: Gain probability vs. loss probability	1.41	1.55	-0.14
Calmar ratio: Return relative to maximum drawdown	3.65	1.88	+1.77
Martin ratio: Return relative to average drawdown	13.88	6.11	+7.77

LBSAX vs. GNYTX - Sharpe Ratio Comparison

The current LBSAX Sharpe Ratio is 2.18, which is comparable to the GNYTX Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of LBSAX and GNYTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LBSAX vs. GNYTX - Drawdown Comparison

The maximum LBSAX drawdown since its inception was -47.89%, which is greater than GNYTX's maximum drawdown of -15.58%. Use the drawdown chart below to compare losses from any high point for LBSAX and GNYTX.

Drawdown Indicators

	LBSAX	GNYTX	Difference
Max Drawdown Largest peak-to-trough decline	-47.89%	-15.58%	-32.31%
Max Drawdown (1Y) Largest decline over 1 year	-5.52%	-2.29%	-3.23%
Max Drawdown (3Y) Largest decline over 3 years	-13.03%	-3.32%	-9.71%
Max Drawdown (5Y) Largest decline over 5 years	-17.16%	-11.37%	-5.79%
Max Drawdown (10Y) Largest decline over 10 years	-32.82%	-11.37%	-21.45%
Current Drawdown Current decline from peak	-1.20%	-1.62%	+0.42%
Average Drawdown Average peak-to-trough decline	-5.22%	-1.78%	-3.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.46%	0.70%	+0.76%

Volatility

LBSAX vs. GNYTX - Volatility Comparison

Columbia Dividend Income Fund Class A (LBSAX) has a higher volatility of 2.41% compared to Columbia New York Intermediate Municipal Bond Fund (GNYTX) at 0.98%. This indicates that LBSAX's price experiences larger fluctuations and is considered to be riskier than GNYTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LBSAX	GNYTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.41%	0.98%	+1.43%
Volatility (6M) Calculated over the trailing 6-month period	6.76%	1.73%	+5.03%
Volatility (1Y) Calculated over the trailing 1-year period	9.23%	2.09%	+7.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.23%	2.72%	+10.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.67%	3.21%	+12.46%

LBSAX vs. GNYTX - Expense Ratio Comparison

LBSAX has a 0.90% expense ratio, which is higher than GNYTX's 0.48% expense ratio.

Dividends

LBSAX vs. GNYTX - Dividend Comparison

LBSAX's dividend yield for the trailing twelve months is around 4.58%, more than GNYTX's 2.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GNYTX Columbia New York Intermediate Municipal Bond Fund	2.57%	3.57%	2.60%	2.30%	2.30%	2.38%	2.33%	2.82%	2.95%	2.73%	3.14%	3.18%
LBSAX Columbia Dividend Income Fund Class A	4.58%	5.11%	5.78%	4.72%	3.62%	2.65%	1.52%	2.68%	7.36%	3.83%	3.60%	8.01%

Frequently Asked Questions

Can I hold both LBSAX and GNYTX in my portfolio?

LBSAX and GNYTX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LBSAX or GNYTX?

LBSAX has higher volatility (2.41%) compared to GNYTX (0.98%). In terms of maximum drawdown, LBSAX dropped -47.89% vs GNYTX's -15.58%.

Which has better risk-adjusted returns?

LBSAX currently has the higher Sharpe Ratio (2.18 vs 2.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.