Columbia Bond Fund Institutional Class (UMMGX)

8.25
Net Asset Value
+0.24%
1 Day
-3.28%
Year-to-Date
Overall Morningstar Rating
Intermediate-term bond
Style or Category
No Load
Sales Expenses
0.75%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks current income- consistent with minimal fluctuation of principal. Under normal circumstances- the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in bonds and other debt securities. It generally invests at least 65% of its assets in debt securities issued by the U.S. government and its agencies and instrumentalities- debt securities issued by corporations- and mortgage- and other asset-backed securities that- at the time of purchase- are rated in at least one of the three highest rating categories or are unrated but determined to be of comparable quality.

Performance

1 month-0.50% 3 years+1.57%
3 months-0.48% 5 years+1.57%
1 year-1.06% Since inception+6.72%
Data through --

Peer Comparisonvs. Intermediate-term bond

 UMMGXCategory
Performance 5-yr return+1.57%+1.73%
Expense ratio0.75%0.77%
Risk 5 year sharpe ratio0.350.35
Net assets$408.8M$4.4B
Average market cap$7.2B$4.7B
Average P/E50.0--
Portfolio turnover375%375%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyColumbia
Fund manager & tenureJason Callan / 2 Years
Minimal initial investment$2,000.00
Minimum IRA investment--

Holdings

Fixed income102.17%
U.S. stock0.00%
International stock0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 8.23%
-- 3.84%
-- 2.83%
-- 2.73%
-- 2.49%
-- 2.48%
-- 1.62%
-- 1.45%
-- 1.31%
-- 1.29%