Columbia Ultra Short Term Bond Fund Institutional Class3 (CMGUX)
| Fund Assets | 1.53B |
| Expense Ratio | 0.25% |
| Min. Investment | $1,000,000 |
| Turnover | 81.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.60% |
| Dividend Growth | -5.37% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.29 |
| YTD Return | 0.46% |
| 1-Year Return | 4.95% |
| 5-Year Return | 19.97% |
| 52-Week Low | 8.85 |
| 52-Week High | 9.29 |
| Beta (5Y) | 0.01 |
| Holdings | 238 |
| Inception Date | Mar 8, 2004 |
About CMGUX
Columbia Ultra Short Term Bond Fund Institutional Class 3 is a diversified mutual fund focused on investing in ultrashort duration, investment-grade U.S. fixed-income securities. Its primary purpose is to preserve capital while providing liquidity and generating income for investors seeking minimal interest rate sensitivity. The fund’s portfolio typically consists of high-quality corporate and government bonds with durations less than one year, which helps mitigate the risk of price fluctuations due to interest rate changes. It allocates the vast majority of assets to bonds, with a small portion held in cash to support daily redemptions and fund liquidity. By maintaining a low expense ratio and sizeable total assets, the fund is positioned as a reliable vehicle for institutions and high net worth clients aiming to manage short-term cash needs and gain modest yield over traditional money market instruments. Its performance is generally benchmarked against indices that track U.S. government securities and similar ultrashort bond portfolios, underscoring its role as a low-risk solution within fixed-income asset allocations.
Performance
CMGUX had a total return of 4.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.70%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0324 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03763 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03461 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03627 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03545 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03591 | Aug 29, 2025 |