Columbia Moderate Growth Portfolio Fund (CGMLX)
| 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 | 58.74 |
| YTD Return | -0.52% |
| 1-Year Return | 14.47% |
| 5-Year Return | 32.84% |
| 52-Week Low | 47.35 |
| 52-Week High | 61.16 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About CGMLX
Columbia Moderate Growth 529 Portfolio Class I is a professionally managed, multi-asset portfolio designed specifically for education savings within a 529 plan structure. Its primary function is to provide an investment option that seeks long-term capital appreciation while maintaining moderate risk, making it suitable for investors who value the potential for asset growth alongside a degree of stability. The portfolio achieves this balance by diversifying across multiple asset classes, including U.S. and international equities as well as a notable allocation to fixed-income securities, thus helping to reduce volatility without sacrificing growth potential. As part of the Future Scholar 529 Plan's static allocation choices, this portfolio is intended to serve account holders seeking a thoughtfully constructed, consistent investment strategy to fund future educational expenses. It is notable for its diversified holdings, regular professional management, and adherence to guidelines that address both asset growth and risk mitigation goals. In the context of the larger financial market, Columbia Moderate Growth 529 Portfolio Class I plays a significant role in helping families and individuals efficiently save for education by offering tax-advantaged, goal-oriented investing backed by an established asset management firm.
Performance
CGMLX had a total return of 14.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.16%.