Columbia Conservative Track Ages 8-9 Fund (CCTJX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 19.50 |
| YTD Return | 4.71% |
| 1-Year Return | 11.01% |
| 5-Year Return | 24.59% |
| 52-Week Low | 17.59 |
| 52-Week High | 19.65 |
| Beta (5Y) | 0.52 |
| Holdings | n/a |
| Inception Date | n/a |
About CCTJX
Columbia Conservative Track Ages 8-9 Class A is a mutual fund designed as part of an age-based, conservative investment strategy within 529 college savings plans. Its primary function is to help families save for a child's future educational expenses by offering an asset allocation tailored for beneficiaries aged 8 to 9. This fund employs a risk-reduced investment approach, emphasizing capital preservation and moderate growth as the child nears education age. The portfolio typically holds a mix of fixed income securities and a modest allocation to equities, with around 40% invested in stocks and the remainder in bonds and cash equivalents, reflecting a focus on stability and a lower risk profile as compared to more aggressive options. It is part of a suite of portfolios that progressively adjust their asset composition in line with the child’s age, automatically shifting toward greater conservatism as the beneficiary approaches college. This structure supports long-term planning, allowing for seamless management of tax-advantaged college savings within 529 plan frameworks. The fund’s role in the financial market is to provide a prudent, age-appropriate investment solution for education savers seeking to minimize volatility while still achieving steady, long-term returns.
Performance
CCTJX had a total return of 11.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.68%.