Columbia Corporate Income Inst2 (CPIRX)
| Fund Assets | 1.72B |
| Expense Ratio | 0.48% |
| Min. Investment | $2,000 |
| Turnover | 90.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.62% |
| Dividend Growth | 5.22% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 9.18 |
| YTD Return | 2.98% |
| 1-Year Return | 1.68% |
| 5-Year Return | -0.47% |
| 52-Week Low | 8.87 |
| 52-Week High | 9.43 |
| Beta (5Y) | n/a |
| Holdings | 700 |
| Inception Date | Nov 8, 2012 |
About CPIRX
Columbia Corporate Income Fund Institutional 2 Class is a mutual fund specializing in investment-grade corporate bonds. Its primary goal is to provide total return, with an emphasis on generating current income and a secondary objective of capital appreciation. The fund invests at least 80% of its net assets in debt securities issued by corporate and other non-governmental issuers, including dollar-denominated bonds from foreign companies. Notably, its portfolio consistently includes a significant allocation—typically 10% to 20%—to high-yield (below investment-grade) bonds, which distinguishes it from many peers in the corporate bond category and may contribute to enhanced income potential. This fund is recognized for a diversified approach, holding over 600 individual securities to spread risk and target a balance between yield and stability. It also features a competitive expense ratio and pays dividends on a monthly basis, which can appeal to investors seeking regular income distributions. The Columbia Corporate Income Fund Institutional 2 Class plays a key role in the fixed income segment by offering broad exposure to corporate credit markets, making it useful for those seeking income generation and moderate capital growth within their fixed income allocation.
Performance
CPIRX had a total return of 1.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.83%.
Top 10 Holdings
17.26% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bonds 5% | T.5 05.15.45 | 2.64% |
| Columbia Short-Term Cash | n/a | 2.52% |
| Principal Life Global Funding II 4.95% | PFG.4.95 11.27.29 144A | 2.00% |
| Verizon Communications Inc. 2.55% | VZ.2.55 03.21.31 | 1.76% |
| Bacardi Ltd / Bacardi Martini BV 5.4% | BACARD.5.4 06.15.33 144A | 1.60% |
| BAE Systems PLC 1.9% | BALN.1.9 02.15.31 144A | 1.43% |
| Citigroup Inc. 3.057% | C.V3.057 01.25.33 | 1.41% |
| United States Treasury Bonds 4.375% | T.4.375 08.15.43 | 1.35% |
| Bank of America Corp. 1.922% | BAC.V1.922 10.24.31 MTN | 1.29% |
| NiSource Inc. 1.7% | NI.1.7 02.15.31 | 1.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03709 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03565 | Jun 30, 2025 |
| May 30, 2025 | $0.03658 | May 30, 2025 |
| Apr 30, 2025 | $0.03598 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03615 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03241 | Feb 28, 2025 |