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Name

As of 09/27/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Columbia Limited Duration Credit Fund

CDLRX | Fund

$9.41

$575 M

3.32%

$0.31

0.56%

Vitals

YTD Return

2.4%

1 yr return

4.6%

3 Yr Avg Return

-1.1%

5 Yr Avg Return

1.6%

Net Assets

$575 M

Holdings in Top 10

32.1%

52 WEEK LOW AND HIGH

$9.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.56%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 98.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 09/27/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Columbia Limited Duration Credit Fund

CDLRX | Fund

$9.41

$575 M

3.32%

$0.31

0.56%

CDLRX - Profile

Distributions

  • YTD Total Return 2.4%
  • 3 Yr Annualized Total Return -1.1%
  • 5 Yr Annualized Total Return 1.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.14%
DIVIDENDS
  • Dividend Yield 3.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Columbia Limited Duration Credit Fund
  • Fund Family Name
    Columbia Funds Complex
  • Inception Date
    Feb 28, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Murphy

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in corporate bonds. The Fund primarily invests in debt securities with short- and intermediate-term maturities generally similar to those included in the Fund’s benchmark index, the Bloomberg U.S. 1-5 Year Corporate Index (the Index). The Fund may invest up to 15% of its net assets in debt instruments that, at the time of purchase, are rated below investment grade or are unrated but determined to be of comparable quality (commonly referred to as “high-yield” investments or “junk” bonds).
The Fund’s duration is managed to help reduce volatility associated with changes in interest rates. Under normal conditions, the Fund will target duration to be similar to or lower than that of the Index, but will not exceed that of the Index by more than one year. As of October 31, 2022, the duration of the Index was 2.72 years. 
The Fund may invest in privately placed and other securities or instruments that are purchased and sold pursuant to Rule 144A or other exemptions under the Securities Act of 1933, as amended, subject to certain regulatory restrictions. 
The Fund may invest up to 25% of its net assets in foreign investments. 
Read More

CDLRX - Performance

Return Ranking - Trailing

Period CDLRX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.4% -6.3% 3.5% 30.07%
1 Yr 4.6% -11.5% 0.9% 12.81%
3 Yr -1.1%* -7.0% 1.3% 63.00%
5 Yr 1.6%* -4.3% 1.2% 23.20%
10 Yr 1.6%* -20.8% 0.3% 18.56%

* Annualized

Return Ranking - Calendar

Period CDLRX Return Category Return Low Category Return High Rank in Category (%)
2022 -8.0% -17.7% -2.6% 75.18%
2021 -2.3% -4.0% 4.4% 82.02%
2020 3.9% -8.3% 7.6% 6.91%
2019 4.8% -2.3% 9.3% 2.38%
2018 -2.1% -4.8% 1.0% 81.51%

Total Return Ranking - Trailing

Period CDLRX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.4% -4.5% 6.2% 30.07%
1 Yr 4.6% -8.8% 3.9% 12.81%
3 Yr -1.1%* -4.5% 5.2% 63.00%
5 Yr 1.6%* -1.1% 3.7% 23.20%
10 Yr 1.6%* -19.0% 24.9% 18.56%

* Annualized

Total Return Ranking - Calendar

Period CDLRX Return Category Return Low Category Return High Rank in Category (%)
2022 -6.1% -13.3% -1.3% 79.71%
2021 -0.6% -2.7% 7.7% 75.09%
2020 5.9% -4.4% 14.5% 18.04%
2019 7.7% 0.6% 12.6% 3.56%
2018 0.1% -2.6% 6.4% 83.23%

NAV & Total Return History

CDLRX - Holdings

Concentration Analysis

CDLRX Category Low Category High CDLRX % Rank
Net Assets 575 M 1.37 M 103 B 62.21%
Number of Holdings 82 4 4919 88.58%
Net Assets in Top 10 184 M -23.9 M 9.45 B 53.95%
Weighting of Top 10 32.09% 1.7% 100.0% 39.96%

Top 10 Holdings

  1. BANK OF AMERICA CORP 4.54%
  2. PEACHTREE CORNERS FUNDING TRUST 4.25%
  3. PRINCIPAL LIFE GLOBAL FUNDING II 3.49%
  4. BACARDI LTD 3.38%
  5. THERMO FISHER SCIENTIFIC INC 3.11%
  6. JPMORGAN CHASE CO 2.89%
  7. TREASURY NOTE 2.77%
  8. COLUMBIA SHORT TERM CASH FUND 2.60%
  9. WELLS FARGO COMPANY 2.58%
  10. CENTENE CORPORATION 2.48%

Asset Allocation

Weighting Return Low Return High CDLRX % Rank
Bonds 		96.11% 49.71% 194.71% 23.02%
Convertible Bonds 		5.49% 0.00% 27.71% 11.44%
Cash 		3.99% -102.46% 39.20% 31.28%
Stocks 		0.00% -0.66% 11.31% 33.22%
Preferred Stocks 		0.00% 0.00% 25.64% 23.90%
Other 		-0.09% -2.59% 10.19% 96.13%

Bond Sector Breakdown

Weighting Return Low Return High CDLRX % Rank
Corporate 		90.57% 0.00% 100.00% 4.23%
Government 		3.80% 0.00% 73.63% 83.63%
Cash & Equivalents 		2.60% 0.00% 44.09% 42.71%
Securitized 		0.00% 0.00% 97.27% 95.60%
Municipal 		0.00% 0.00% 17.46% 57.92%
Derivative 		-0.09% 0.00% 45.97% 62.92%

Bond Geographic Breakdown

Weighting Return Low Return High CDLRX % Rank
US 		96.11% 0.00% 165.96% 22.32%
Non US 		0.00% 0.00% 72.71% 28.47%

CDLRX - Expenses

Operational Fees

CDLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.56% 0.01% 19.98% 63.30%
Management Fee 0.43% 0.00% 1.19% 77.15%
12b-1 Fee 0.00% 0.00% 1.00% 2.03%
Administrative Fee N/A 0.01% 0.50% 32.95%

Sales Fees

CDLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 4.00% N/A

Trading Fees

CDLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CDLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 98.00% 2.00% 500.00% 63.77%

CDLRX - Distributions

Dividend Yield Analysis

CDLRX Category Low Category High CDLRX % Rank
Dividend Yield 3.32% 0.00% 10.77% 37.15%

Dividend Distribution Analysis

CDLRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

CDLRX Category Low Category High CDLRX % Rank
Net Income Ratio 1.14% -1.27% 4.98% 51.26%

Capital Gain Distribution Analysis

CDLRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

CDLRX - Fund Manager Analysis

Managers

Thomas Murphy

Start Date

Tenure

Tenure Rank

Jun 19, 2003

18.96

19.0%

Tom Murphy is a senior portfolio manager and head of the Investment Grade Credit Team at Columbia Threadneedle Investments. Mr. Murphy joined one of the Columbia Threadneedle Investments legacy firms in 2002 and has held his current position since that time. Previously, Mr. Murphy was a managing director and portfolio manager at BlackRock Financial Management, where he was senior strategist for investment-grade corporate bonds, a senior member of the investment grade corporate portfolio management team, and lead portfolio manager for the firm’s investment grade corporate-only portfolios. Prior to that, Mr. Murphy was with Zurich Scudder Investments for ten years, holding a number of positions including corporate sector team leader. He has been in the investment industry since 1986. Mr. Murphy received a B.B.A. from the University of Notre Dame and an MBA from the University of Michigan. In addition, he holds the Chartered Financial Analyst® designation.

Royce Wilson

Start Date

Tenure

Tenure Rank

May 01, 2012

10.09

10.1%

Mr. Wilson joined Columbia Management Investment Advisers, LLC in 2007. Previously He employed as a corporate bond trader for Nomura Securities from 2002 to 2006. Mr. Wilson began his investment career in 2002 and earned a B.B.A. from Western Connecticut State University.

John Dawson

Start Date

Tenure

Tenure Rank

Feb 13, 2020

2.3

2.3%

Mr. Dawson joined one of the Columbia Management legacy firms or acquired business lines in 2004. Mr. Dawson began his investment career in 1996 and earned a B.A. in Economics from Bucknell University and an M.B.A. with concentrations in Finance and Accounting from Indiana University.

Shannon Rinehart

Start Date

Tenure

Tenure Rank

Feb 01, 2022

0.33

0.3%

Ms. Rinehart joined the Investment Manager in 2009. Ms. Rinehart began her investment career in 2004 and earned a B.S.B.A. from Drake University and an M.B.A. from the University of Minnesota Carlson School of Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.07 2.41

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