About CDDRX
Columbia Dividend Income Fund Institutional 2 Class is a mutual fund specializing in large-cap, value-oriented equities. Its primary objective is to deliver total return, with an emphasis on generating dividend income by investing mainly in U.S. companies that are considered undervalued or exhibit consistent dividend-paying histories. The fund primarily holds stocks from sectors such as financial services, technology, consumer defensive, healthcare, energy, and consumer cyclical industries, reflecting a diversified approach across the U.S. economy. Notable positions often include leading companies like JPMorgan Chase & Co., Microsoft Corp, and Walmart Inc. Designed for institutional investors, this share class features a competitive expense ratio and typically requires no minimum initial investment. With assets under management exceeding $43 billion, the fund plays a significant role in the market segment focused on income and long-term capital appreciation, appealing to organizations seeking stability and consistent income streams within their equity allocations.
Fund Family Columbia Threadneedle
Category Large Value
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol CDDRX
Share Class Institutional 2 Class
Index Russell 1000 TR USD
CDDRX had a total return of 20.67% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.13%.
