CLMFX: Columbia Mortgage Opportunities Adv

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CLMFX Columbia Mortgage Opportunities Adv


Profile

CLMFX - Profile

Vitals

  • YTD Return -11.5%
  • 3 Yr Annualized Return -3.5%
  • 5 Yr Annualized Return -2.1%
  • Net Assets $1.66 B
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$8.94
$8.88
$10.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.84%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -11.5%
  • 3 Yr Annualized Total Return 0.4%
  • 5 Yr Annualized Total Return 2.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.69%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Columbia Mortgage Opportunities Fund
  • Fund Family Name
    Columbia
  • Inception Date
    Apr 30, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jason Callan

Fund Description

Under normal circumstances, the fund will invest at least 80% of its net assets (including the amount of any borrowings for investment purposes) in mortgage-related assets. It may invest in debt instruments of any maturity and does not seek to maintain either a particular dollar-weighted average maturity or a particular duration. The fund is non-diversified.


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Categories

Performance

CLMFX - Performance

Return Ranking - Trailing

Period CLMFX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.5% -36.9% 4.4% 84.44%
1 Yr -11.1% -36.6% 5.4% 94.25%
3 Yr -3.5%* -16.5% 2.1% 85.33%
5 Yr -2.1%* -13.2% 1.6% 80.00%
10 Yr N/A* -4.6% 2.5% N/A

* Annualized

Return Ranking - Calendar

Period CLMFX Return Category Return Low Category Return High Rank in Category (%)
2019 2.0% -1.1% 7.3% 57.47%
2018 3.1% -9.3% 3.1% 1.25%
2017 -2.3% -2.3% 10.9% 98.63%
2016 1.4% -9.1% 4.1% 4.41%
2015 -2.4% -10.6% -0.6% 73.85%

Total Return Ranking - Trailing

Period CLMFX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.5% -36.9% 4.4% 84.44%
1 Yr -11.1% -36.6% 5.2% 94.25%
3 Yr 0.4%* -16.5% 3.1% 61.33%
5 Yr 2.2%* -13.2% 2.4% 6.15%
10 Yr N/A* -4.6% 3.6% N/A

* Annualized

Total Return Ranking - Calendar

Period CLMFX Return Category Return Low Category Return High Rank in Category (%)
2019 2.7% -1.1% 7.3% 43.68%
2018 7.9% -9.3% 8.0% 3.75%
2017 5.3% -2.2% 10.9% 5.48%
2016 6.6% -9.1% 6.7% 4.41%
2015 2.5% -10.6% 2.6% 3.08%

NAV & Total Return History


Holdings

CLMFX - Holdings

Concentration Analysis

CLMFX Category Low Category High CLMFX % Rank
Net Assets 1.66 B 10.3 M 12.3 B 28.89%
Number of Holdings 273 3 3187 81.11%
Net Assets in Top 10 1.04 B -55.8 M 2.14 B 21.11%
Weighting of Top 10 N/A 4.5% 99.4% 2.86%

Top 10 Holdings

  1. Federal National Mortgage Association 3% 42.18%
  2. 10y Rtr 1.500000 16-Mar-2020 30.85%
  3. Government National Mortgage Association 3% 23.13%
  4. 10 Year Treasury Note Future Mar 20 22.49%
  5. Federal National Mortgage Association 3.5% 16.42%
  6. Ice: (Cdx.Na.Hy.33.V2) 10.96%
  7. Ice: (Cdx.Na.Hy.32.V3) 10.27%
  8. Cds: (Cmbx.Na.10.Bbb-) 3.97%
  9. 5 Year Treasury Note Future Mar 20 3.45%
  10. Cds: (Cmbx.Na.11.Bbb-) 2.98%

Asset Allocation

Weighting Return Low Return High CLMFX % Rank
Bonds
159.83% 83.11% 174.60% 3.33%
Stocks
0.00% -0.07% 6.63% 45.56%
Preferred Stocks
0.00% 0.00% 2.19% 42.22%
Other
0.00% -4.98% 27.43% 41.11%
Convertible Bonds
0.00% 0.00% 7.28% 43.33%
Cash
-59.82% -92.02% 16.89% 94.44%

Bond Sector Breakdown

Weighting Return Low Return High CLMFX % Rank
Securitized
75.88% 36.90% 99.37% 60.00%
Government
12.95% 0.00% 18.98% 33.33%
Cash & Equivalents
10.21% -26.80% 24.61% 50.00%
Corporate
0.78% 0.00% 25.06% 25.56%
Derivative
0.18% 0.00% 8.75% 26.67%
Municipal
0.00% 0.00% 1.13% 47.78%

Bond Geographic Breakdown

Weighting Return Low Return High CLMFX % Rank
US
155.81% 74.57% 155.81% 2.22%
Non US
4.02% -42.81% 28.39% 20.00%

Expenses

CLMFX - Expenses

Operational Fees

CLMFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.84% 0.05% 21.33% 60.92%
Management Fee 0.65% 0.00% 1.63% 90.00%
12b-1 Fee 0.00% 0.00% 1.00% 2.08%
Administrative Fee N/A 0.01% 0.45% 30.61%

Sales Fees

CLMFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 4.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

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

CLMFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 7.00% 370.00% 89.74%

Distributions

CLMFX - Distributions

Dividend Yield Analysis

CLMFX Category Low Category High CLMFX % Rank
Dividend Yield 0.00% 0.00% 1.48% 53.33%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

CLMFX Category Low Category High CLMFX % Rank
Net Income Ratio 4.69% 0.98% 8.11% 8.05%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

CLMFX - Fund Manager Analysis

Managers

Jason Callan


Start Date

Tenure

Tenure Rank

Apr 30, 2014

5.92

5.9%

Mr. Callan is a senior portfolio manager and head of structured assets. He joined Columbia Mgmt Investment Advisers, LLC in 2007. Mr. Callan was previously employed first as an Analyst and then as a Trader for GMAC. Mr. Callan began his investment career in 2004 and earned a B.S. in Economics from the University of Minnesota and an M.B.A. from the University of Minnesota.

Thomas Heuer


Start Date

Tenure

Tenure Rank

Apr 30, 2014

5.92

5.9%

Mr. Heuer joined Columbia Management Investment Advisers, LLC in 1993. Mr. Heuer began his investment career in 1993. He earned a B.A. in Accounting from the University of Wisconsin and an M.B.A. with a concentration in Finance from the University of Minnesota. He holds both the Certified Public Accountant designation and the Chartered Financial Analyst designation.

Ryan Osborn


Start Date

Tenure

Tenure Rank

Feb 08, 2019

1.14

1.1%

Mr. Osborn began his investment career in 2004 and earned a B.B.A. from the University of Wisconsin - Madison.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.29 24.27 6.41 9.42