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Morningstar

Columbia Ultra Short Term Bond Inst3 CMGUX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 9.20  /  0.00
  • Total Assets 1.1 Bil
  • Adj. Expense Ratio
    0.240%
  • Expense Ratio 0.240%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 4.13%
  • Effective Duration 0.50 years

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

Morningstar’s Analysis CMGUX

Will CMGUX 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 CMGUX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CMGUX 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 CMGUX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Columbia Ultra Short Term Bond Inst3 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 portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings CMGUX

More CMGUX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

TOYOTA AUTO LOAN EXTENDED NOTE TRUST 2.56%

2.77 31.4 Mil
Securitized

Columbia Short-Term Cash

2.62 29.7 Mil
Cash and Equivalents

VERIZON MASTER TRUST 0.5%

1.85 20.9 Mil
Securitized

VCAT LLC 1.8677%

1.71 19.4 Mil
Securitized

GM FINANCIAL AUTOMOBILE LEASING TRUST 1.96%

1.65 18.7 Mil
Securitized

SANTANDER DRIVE AUTO RECEIVABLES TRUST 2023-4 6.18%

1.33 15.1 Mil
Securitized

TOWD POINT MORTGAGE TRUST 2022-SJ1 3.612%

1.27 14.4 Mil
Securitized

VCAT 2021-NPL6 LLC 1.9173%

1.12 12.7 Mil
Securitized

United States Treasury Bills 0%

1.03 11.7 Mil
Government

VERIZON MASTER TRUST 1.53%

1.02 11.6 Mil
Securitized