Columbia Commodity Strategy Fund Institutional 2 Class (CADLX)
| Fund Assets | 373.65M |
| Expense Ratio | 0.77% |
| Min. Investment | $100,000 |
| Turnover | 198.00% |
| Dividend (ttm) | 0.79 |
| Dividend Yield | 8.14% |
| Dividend Growth | 94.88% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 9.68 |
| YTD Return | 5.33% |
| 1-Year Return | 9.72% |
| 5-Year Return | 33.55% |
| 52-Week Low | 8.98 |
| 52-Week High | 10.28 |
| Beta (5Y) | n/a |
| Holdings | 299 |
| Inception Date | Jan 8, 2014 |
About CADLX
Columbia Commodity Strategy Fund Class I2 is a diversified mutual fund designed to provide investors with total return by maintaining significant economic exposure to global commodities markets. Its primary objective is achieved through direct and indirect investments in a range of commodity-linked instruments, including futures, structured notes, and swaps, allowing participation in the performance of sectors such as agriculture, energy, industrial metals, precious metals, and livestock. This broad sector exposure enables the fund to act as a tool for diversification away from traditional equities and fixed income, responding to price movements in commodity markets which often exhibit low correlations to other asset classes. The fund employs an actively managed strategy that leverages research-driven insights to optimize positions across various commodity sectors, balancing opportunities and risks based on market conditions. With a focus on institutional investors, the fund features a relatively high minimum investment and an expense ratio that reflects its specialized management approach. Columbia Commodity Strategy Fund Class I2 plays a notable role for investors seeking to diversify portfolios and hedge against inflation or macroeconomic shifts through commodities exposure.
Performance
CADLX had a total return of 9.72% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.28%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VCMDX | Vanguard | Vanguard Commodity Strategy Fund Admiral Shares | 0.16% |
Top 10 Holdings
89.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Columbia Short-Term Cash | n/a | 51.19% |
| Gold 100 Oz Feb 26 | n/a | 8.18% |
| Gold 100 Oz Dec 25 | n/a | 8.12% |
| Henry Hub Natural Gas Dec25 | n/a | 3.93% |
| Future on Soybean | n/a | 3.49% |
| Brent Crude Futures Jan26 | CO85 | 3.04% |
| Crude Oil Future Sept 25 | n/a | 2.95% |
| Gold 100 Oz Aug 25 | n/a | 2.93% |
| Copper Future Dec 25 | n/a | 2.63% |
| Crude Oil Future Jan 26 | n/a | 2.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.78823 | Dec 13, 2024 |
| Dec 14, 2023 | $0.40447 | Dec 14, 2023 |
| Dec 5, 2022 | $9.54558 | Dec 5, 2022 |
| Dec 15, 2021 | $6.13343 | Dec 15, 2021 |
| Dec 14, 2020 | $0.02487 | Dec 14, 2020 |
| Dec 18, 2019 | $0.20684 | Dec 18, 2019 |