The Morningstar Score is for the indicated share lessons solely as of 03/31/25; different lessons could have totally different efficiency traits. The Morningstar scores for the general, three-, five- and ten-year durations for Class A shares are 3 stars, 3 stars, 4 stars and three stars and for Institutional Class shares are 4 stars, 3 stars, 4 stars and 4 stars amongst 422, 422, 380 and 276 Intermediate Core Bond funds respectively, and are primarily based on a Morningstar Danger-Adjusted Return measure.
Commentaries accessible by way of e-mail
Keep knowledgeable about your investments by subscribing to obtain commentaries and different fund updates by e-mail. Merely register with our subscription heart and select the publications you’d wish to obtain. We’ll care for the remainder.
Funding Dangers
Market danger could have an effect on a single issuer, sector of the financial system, business or the market as an entire. Mortgage- and asset-backed securities are affected by rates of interest, monetary well being of issuers/originators, creditworthiness of entities offering credit score enhancements and the worth of underlying property. Mounted-income securities current issuer default danger. An increase in rates of interest could end in a value decline of fixed-income devices held by the fund, negatively impacting its efficiency and NAV. Falling charges could end result within the fund investing in decrease yielding debt devices, decreasing the fund’s earnings and yield. These dangers could also be heightened for longer maturity and length securities. Non-investmentgrade (high-yield or junk) securities current larger value volatility and extra danger to principal and earnings than increased rated securities. Prepayment and extension danger exists as a result of the timing of funds on a mortgage, bond or different funding could speed up when rates of interest fall or decelerate when rates of interest rise which can scale back funding alternatives and potential returns. Investing in derivatives is a specialised exercise that entails particular dangers that topic the fund to important loss potential, together with when used as leverage, and will end in larger fluctuation in fund worth.
Traders ought to take into account the funding aims, dangers, costs and bills of a mutual fund fastidiously earlier than investing. For a free prospectus or a abstract prospectus, which comprises this and different essential details about the funds, go to columbiathreadneedleus.com. Learn the prospectus fastidiously earlier than investing.
Columbia funds are distributed by Columbia Administration Funding Distributors, Inc., member FINRA and managed by Columbia Administration Funding Advisers, LLC. Columbia Threadneedle Investments (Columbia Threadneedle) is the worldwide model title of the Columbia and Threadneedle group of corporations.
The views expressed are as of the date given, could change as market or different circumstances change and will differ from views expressed by different Columbia Administration Funding Advisers, LLC (CMIA) associates or associates. Precise investments or funding selections made by CMIA and its associates, whether or not for its personal account or on behalf of shoppers, could not essentially replicate the views expressed. This info shouldn’t be supposed to offer funding recommendation and doesn’t consider particular person investor circumstances. Funding selections ought to all the time be made primarily based on an investor’s particular monetary wants, aims, objectives, time horizon and danger tolerance. Asset lessons described is probably not applicable for all buyers. Previous efficiency doesn’t assure future outcomes, and no forecast must be thought-about a assure both. Since financial and market circumstances change incessantly, there might be no assurance that the developments described right here will proceed or that any forecasts are correct.
“The fund’s expense ratio is from the latest prospectus.
Further efficiency info: All outcomes proven assume reinvestment of distributions and don’t replicate the deduction of taxes {that a} shareholder would pay on fund distributions or the redemption of fund shares.
©2025 Morningstar. All rights Reserved. The Morningstar info contained herein: (1) is proprietary to Morningstar and/or its content material suppliers; (2) is probably not copied or distributed; and (3) shouldn’t be warranted to be correct, full or well timed. Neither Morningstar nor its content material suppliers are chargeable for any damages or losses arising from any use of this info. Previous efficiency doesn’t assure future outcomes.
For every fund with at the very least a three-year historical past, Morningstar calculates a Morningstar RatingTM used to rank the fund in opposition to different funds in the identical class. It’s calculated primarily based on a Morningstar Danger-Adjusted Return measure that accounts for variation in a fund’s month-to-month extra efficiency, with none changes for masses (front-end, deferred, or redemption charges), putting extra emphasis on downward variations and rewarding constant efficiency. Trade-traded funds and open-ended mutual funds are thought-about a single inhabitants for comparative functions. The General Morningstar RatingTM for a fund is derived from a weighted common of the efficiency figures related to its three-, five- and ten-year (if relevant) Morningstar Score metrics. The highest 10% of funds in every class obtain 5 stars, the following 22.5% obtain 4 stars, the following 35% obtain 3 stars, the following 22.5% obtain 2 stars and the underside 10% obtain 1 star (Every share class is counted as a fraction of 1 fund inside this scale and rated individually, which can trigger slight variations within the distribution percentages).
Bloomberg Index Providers Restricted. BLOOMBERG® is a trademark and repair mark of Bloomberg Finance L.P. and its associates (collectively “Bloomberg”). Bloomberg licensors personal all proprietary rights within the Bloomberg Indices. Bloomberg doesn’t approve or endorse this materials, or assure the accuracy or completeness of any info herein, or makes any guarantee, categorical or implied, as to the outcomes to be obtained therefrom and, to the utmost extent allowed by legislation, and shall not have any legal responsibility or accountability for harm or damages arising in connection therewith.
The Bloomberg U.S. Combination Bond Index is a market-value-weighted index that tracks the each day value, coupon, paydowns and complete return efficiency of fixed-rate, publicly positioned, dollar-denominated and nonconvertible investmentgrade debt points with at the very least $250 million par quantity excellent and with at the very least one 12 months to closing maturity.
The Bloomberg Treasury Index measures US dollar-denominated, fixed-rate, nominal debt issued by the U.S. Treasury. The Bloomberg U.S. Company Bond Index measures the funding grade, fixed-rate, taxable company bond market. It consists of USD denominated securities publicly issued by U.S. and non-U.S. industrial, utility and monetary issuers.
The Bloomberg U.S. Securitized Index is a composite of asset-backed securities, collateralized mortgage-backed securities (ERISA-eligible) and fixed-rate mortgage-backed securities.
The Bloomberg U.S. Company Excessive Yield Index measures the market of USD-denominated, non-investment grade, fixed-rate, taxable company bonds.
The Morningstar LSTA US Leveraged Mortgage Index is a market-value weighted index designed to trace the efficiency of the US leveraged mortgage market.
Indices proven are unmanaged and don’t replicate the impression of charges. It isn’t attainable to take a position instantly in an index.
Info supplied by third events is deemed to be dependable however could also be derived utilizing methodologies or strategies which are proprietary or particular to the third social gathering supply.
