Columbia Dividend Income 529 Portfolio (CDVAX)
| Fund Assets | n/a |
| Expense Ratio | 0.04% |
| 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 | 48.14 |
| YTD Return | 11.71% |
| 1-Year Return | 20.39% |
| 5-Year Return | 68.51% |
| 52-Week Low | 39.97 |
| 52-Week High | 48.48 |
| Beta (5Y) | 0.69 |
| Holdings | n/a |
| Inception Date | n/a |
About CDVAX
Columbia DVD Inc 529 Aggressive is an investment portfolio structured as part of a 529 college savings plan, specifically targeted at investors seeking long-term capital growth through an aggressive asset allocation. The portfolio invests primarily in equities, dedicating approximately 73% of its assets to U.S. stocks and 20% to foreign equities, with a small allocation to bonds. This composition is designed to maximize growth potential, aligning with goals for higher education funding, which typically involves a long investment horizon. The fund is actively managed, utilizing a mix of mutual funds from Columbia and other providers, and is available within the advisor-sold Future Scholar 529 College Savings Plan. Its role in the financial market centers on offering a tax-advantaged, growth-oriented vehicle for families planning for future education costs, with performance historically tracked against aggressive growth benchmarks. The Columbia DVD Inc 529 Aggressive portfolio is characterized by a relatively higher risk profile, aiming to deliver substantial returns as part of a diversified approach to education savings.
Performance
CDVAX had a total return of 20.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.44%.