Columbia College 529 Portfolio (CGCLX)
| 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 | 12.06 |
| YTD Return | 0.92% |
| 1-Year Return | 5.78% |
| 5-Year Return | 8.34% |
| 52-Week Low | 11.40 |
| 52-Week High | 12.08 |
| Beta (5Y) | 0.14 |
| Holdings | n/a |
| Inception Date | n/a |
About CGCLX
Columbia College 529 Portfolio is a static allocation investment option within the South Carolina Future Scholar 529 College Savings Plan, specifically designed to support education funding needs. This portfolio is structured as a blend of fixed income and liquidity, holding approximately 51% in bonds and 49% in cash or money market instruments, with no allocation to equities or real estate. Its primary purpose is to offer a conservative investment approach intended to preserve capital and provide income, making it suitable for account holders seeking stability in the years immediately preceding or during college withdrawals. The asset composition, managed by Columbia Management Investment Advisors, reflects a focus on lower volatility and limited exposure to market fluctuations. As part of the wider 529 plan ecosystem, the Columbia College 529 Portfolio plays a vital role for those preparing for near-term educational expenses, complementing more growth-oriented options and helping families tailor risk and return profiles as educational milestones approach.
Performance
CGCLX had a total return of 5.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.63%.