Columbia Conservative 529 Portfolio (CNAAX)
| 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 | 20.70 |
| YTD Return | -0.14% |
| 1-Year Return | 5.45% |
| 5-Year Return | 12.79% |
| 52-Week Low | 19.16 |
| 52-Week High | 20.96 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About CNAAX
Columbia Conservative 529 Portfolio Class A is a mutual fund share class designed specifically for 529 college savings plans, emphasizing capital preservation and income generation. It primarily invests in a mix of fixed-income securities, including bonds and cash equivalents, with a limited allocation to equities to provide modest growth potential while minimizing volatility. This portfolio suits investors seeking a low-risk option for funding future education expenses, particularly those nearing the time when funds will be needed. Key features include its conservative asset allocation, which prioritizes stability over aggressive returns, and its integration within qualified tuition programs that offer tax advantages for education savings. The Class A shares incorporate a front-end sales charge structure alongside an ongoing expense ratio to cover management and distribution costs. Managed by Columbia Threadneedle Investments, one of the nation's largest asset managers, this portfolio plays a vital role in diversified 529 plan offerings, helping families balance safety and potential appreciation in their higher education funding strategies.
Performance
CNAAX had a total return of 5.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.28%.