Columbia Select Short Corporate Income Fund Class A (ALDAX)
| Fund Assets | 464.18M |
| Expense Ratio | 0.68% |
| Min. Investment | $2,000 |
| Turnover | 107.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.84% |
| Dividend Growth | 4.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.87 |
| YTD Return | 0.38% |
| 1-Year Return | 3.38% |
| 5-Year Return | 9.74% |
| 52-Week Low | 9.87 |
| 52-Week High | 10.05 |
| Beta (5Y) | 0.13 |
| Holdings | 99 |
| Inception Date | Jun 19, 2003 |
About ALDAX
Columbia Limited Duration Credit Fund Class A is an actively managed mutual fund in the short-term bond category that seeks a total return focused primarily on current income and capital preservation. The strategy centers on investment‑grade corporate bonds while maintaining a limited interest‑rate sensitivity profile, aiming to dampen volatility relative to core bond funds with longer duration. The portfolio typically emphasizes high‑quality issuers across financials, consumer, utilities, and select securitized exposures, complemented by liquidity sleeves and U.S. Treasuries to manage risk and cash flow needs. Effective duration is kept in the low‑to‑mid single‑year range to reduce rate risk while relying on bottom‑up credit research to identify incremental spread opportunities. The fund’s role in the market is to provide a conservative credit allocation for investors seeking income from investment‑grade corporates without assuming the higher duration or credit risks often found in intermediate or high‑yield strategies. It serves as a short‑maturity credit building block for diversified fixed income portfolios, offering structured exposure to credit spreads with an emphasis on quality, liquidity, and disciplined risk management.
Performance
ALDAX had a total return of 3.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.90%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VSCSX | Vanguard | Vanguard Short-Term Corporate Bond Index Fund Admiral Shares | 0.06% |
Top 10 Holdings
27.62% of assets| Name | Symbol | Weight |
|---|---|---|
| COLUMBIA SHORT TERM CASH FUND | n/a | 4.43% |
| United States Treasury - U.S. Treasury Notes | T.0.875 06.30.26 | 3.16% |
| PRINCIPAL LFE GLB FND II - Principal Life Global Funding II | PFG.4.95 11.27.29 144A | 3.16% |
| United States Treasury - U.S. Treasury Notes | T.3.5 03.15.29 | 3.07% |
| Bacardi-Martini BV | BACARD.5.55 02.01.30 144a | 2.79% |
| JPMorgan Chase & Co | JPM.V4.622 04.23.32 | 2.44% |
| Bank of America Corp | BAC.V1.922 10.24.31 MTN | 2.44% |
| HSBC Holdings PLC | HSBC.V4.675 03.10.32 | 2.26% |
| Morgan Stanley | MS.V4.809 04.16.32 | 2.06% |
| Northrop Grumman Corp | NOC.3.2 02.01.27 | 1.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03085 | Jun 30, 2026 |
| May 29, 2026 | $0.03171 | May 29, 2026 |
| Apr 30, 2026 | $0.03045 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03223 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0313 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0315 | Jan 30, 2026 |