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Morningstar

Columbia Mortgage Opportunities A CLMAX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 7.72  /  +0.01 %
  • Total Assets 2.2 Bil
  • Adj. Expense Ratio
    1.020%
  • Expense Ratio 1.020%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 6.28%
  • Effective Duration 5.61 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:14 PM GMT+0

Morningstar’s Analysis CLMAX

Will CLMAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CLMAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CLMAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CLMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Columbia Mortgage Opportunities A earns a Morningstar Medalist Rating of Neutral with strength in areas such as People offset by weaker spots such as Process.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings CLMAX

More CLMAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 57.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 4.5%

14.74 722.1 Mil
Securitized

Federal National Mortgage Association 4%

8.93 437.4 Mil
Securitized

Federal National Mortgage Association 3.5%

7.55 370.1 Mil
Securitized

Federal National Mortgage Association 3%

6.72 329.0 Mil
Securitized

Federal National Mortgage Association 5%

5.67 278.0 Mil
Securitized

Federal National Mortgage Association 6%

5.39 264.0 Mil
Securitized

Government National Mortgage Association 4.5%

4.78 234.2 Mil
Securitized

Columbia Short-Term Cash

3.34 163.8 Mil
Cash and Equivalents

Cash Offset

2.93 143.4 Mil
—

Federal Home Loan Mortgage Corp. 2.5%

1.89 92.7 Mil
Securitized