CIOCX: Columbia Corporate Income C

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CIOCX Columbia Corporate Income C


Profile

CIOCX - Profile

Vitals

  • YTD Return 5.5%
  • 3 Yr Annualized Return 3.6%
  • 5 Yr Annualized Return 2.9%
  • Net Assets $1.14 B
  • Holdings in Top 10 42.9%

52 WEEK LOW AND HIGH

$11.34
$9.39
$11.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.68%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 65.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA $1,000

Fund Classification


Distributions

  • YTD Total Return 5.5%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 2.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.45%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Columbia Corporate Income Fund
  • Fund Family Name
    Columbia
  • Inception Date
    Jul 15, 2002
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Thomas Murphy

Fund Description

The fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in debt securities issued by corporate and other non-governmental issuers, including dollar-denominated debt securities issued by foreign companies. It also invests at least 60% of total assets in securities that, at the time of purchase, are investment grade securities or in unrated securities determined to be of comparable quality. Under normal circumstances, the fund's average effective duration will be between three and ten years.


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Categories

Performance

CIOCX - Performance

Return Ranking - Trailing

Period CIOCX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.5% -31.7% 956.1% 14.73%
1 Yr 8.9% -28.3% 969.8% 4.68%
3 Yr 3.6%* -10.0% 121.3% 4.05%
5 Yr 2.9%* -8.1% 60.9% 1.71%
10 Yr 1.8%* -5.0% 3.6% 2.56%

* Annualized

Return Ranking - Calendar

Period CIOCX Return Category Return Low Category Return High Rank in Category (%)
2019 11.7% -1.7% 20.3% 1.26%
2018 -6.6% -24.9% 0.8% 96.02%
2017 3.1% -6.0% 17.1% 7.07%
2016 5.3% -14.9% 15.0% 1.04%
2015 -6.3% -18.3% 3.0% 97.54%

Total Return Ranking - Trailing

Period CIOCX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.5% -31.7% 956.1% 14.73%
1 Yr 8.9% -28.3% 969.8% 4.68%
3 Yr 3.6%* -8.9% 121.3% 7.94%
5 Yr 2.9%* -8.0% 60.9% 7.86%
10 Yr 2.3%* -5.0% 6.8% 11.64%

* Annualized

Total Return Ranking - Calendar

Period CIOCX Return Category Return Low Category Return High Rank in Category (%)
2019 11.7% -1.7% 20.3% 1.26%
2018 -6.6% -24.9% 3.1% 97.05%
2017 3.1% -6.0% 27.0% 16.29%
2016 5.3% -14.8% 15.0% 2.57%
2015 -6.3% -12.6% 4.2% 98.50%

NAV & Total Return History


Holdings

CIOCX - Holdings

Concentration Analysis

CIOCX Category Low Category High CIOCX % Rank
Net Assets 1.14 B 622 K 277 B 37.97%
Number of Holdings 540 1 18073 33.53%
Net Assets in Top 10 91.5 M -587 M 21.3 B 54.06%
Weighting of Top 10 42.88% 2.3% 100.0% 16.68%

Top 10 Holdings

  1. Ultra US Treasury Bond Future June 20 9.45%
  2. 5 Year Treasury Note Future June 20 7.10%
  3. US Treasury Bond Future June 20 4.85%
  4. Ultra 10 Year US Treasury Note Future June 20 4.53%
  5. 2 Year Treasury Note Future June 20 3.55%
  6. 10 Year Treasury Note Future June 20 2.76%
  7. DTE Energy Company 2.85% 2.73%
  8. Xcel Energy Inc 3.35% 2.70%
  9. JPMorgan Chase & Co. 2.74% 2.64%
  10. Five Corners Funding Trust 4.42% 2.57%

Asset Allocation

Weighting Return Low Return High CIOCX % Rank
Bonds
97.34% 71.08% 169.81% 43.88%
Convertible Bonds
1.38% 0.00% 10.07% 20.94%
Cash
1.29% -72.40% 27.48% 62.52%
Stocks
0.00% -0.93% 19.79% 68.88%
Preferred Stocks
0.00% -0.14% 8.39% 70.87%
Other
0.00% -27.60% 28.63% 66.26%

Bond Sector Breakdown

Weighting Return Low Return High CIOCX % Rank
Corporate
85.62% 0.00% 99.89% 4.58%
Government
13.28% -2.21% 100.00% 39.13%
Cash & Equivalents
1.10% -26.49% 41.51% 73.18%
Derivative
0.00% -0.83% 24.19% 70.17%
Securitized
0.00% 0.00% 97.63% 84.79%
Municipal
0.00% 0.00% 100.11% 92.55%

Bond Geographic Breakdown

Weighting Return Low Return High CIOCX % Rank
US
91.54% 58.40% 150.78% 51.85%
Non US
5.80% -52.35% 33.81% 42.38%

Expenses

CIOCX - Expenses

Operational Fees

CIOCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.68% 0.01% 34.57% 10.02%
Management Fee 0.49% 0.00% 1.50% 80.58%
12b-1 Fee 1.00% 0.00% 1.00% 92.59%
Administrative Fee N/A 0.00% 0.50% 36.06%

Sales Fees

CIOCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load 1.00% 0.25% 5.50% 64.92%

Trading Fees

CIOCX 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.

CIOCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 65.00% 0.00% 496.90% 64.31%

Distributions

CIOCX - Distributions

Dividend Yield Analysis

CIOCX Category Low Category High CIOCX % Rank
Dividend Yield 0.00% 0.00% 5.93% 68.85%

Dividend Distribution Analysis

CIOCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

CIOCX Category Low Category High CIOCX % Rank
Net Income Ratio 2.45% -0.81% 6.02% 54.28%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

CIOCX - Fund Manager Analysis

Managers

Thomas Murphy


Start Date

Tenure

Tenure Rank

Apr 29, 2011

9.18

9.2%

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.

John Dawson


Start Date

Tenure

Tenure Rank

Feb 13, 2020

0.38

0.4%

Royce Wilson


Start Date

Tenure

Tenure Rank

Feb 13, 2020

0.38

0.4%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.14 33.6 7.52 0.5