Columbia Adaptive Risk Allocation Inst2 (CRDRX)
| Fund Assets | 2.43B |
| Expense Ratio | 0.82% |
| Min. Investment | $0.00 |
| Turnover | 186.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.32% |
| Dividend Growth | 394.91% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 10.40 |
| YTD Return | 8.46% |
| 1-Year Return | 8.37% |
| 5-Year Return | 28.05% |
| 52-Week Low | 9.04 |
| 52-Week High | 10.44 |
| Beta (5Y) | n/a |
| Holdings | 359 |
| Inception Date | Jun 19, 2012 |
About CRDRX
Columbia Adaptive Risk Allocation Fund Institutional 2 Class is a tactical allocation mutual fund designed to deliver consistent total returns by dynamically balancing risk across diverse global asset classes. The fund employs a distinctive investment strategy that emphasizes risk allocation rather than capital allocation, seeking to improve diversification and mitigate market volatility. It achieves this by investing in a broad mix of equities, fixed income, and inflation-hedging assets, and adjusting its portfolio based on proprietary models that assess different market environments. The fund’s adaptive approach allows for tactical and dynamic shifts in asset exposure, aiming to respond to changing market conditions and maintain attractive risk-adjusted returns. Managed by Columbia Threadneedle, the fund is targeted at institutional investors, offering a relatively low expense ratio and no minimum investment, with over 350 holdings and substantial total assets. This makes it suitable for institutional investors seeking global multi-asset diversification and consistent portfolio risk management within the broader investment landscape.
Performance
CRDRX had a total return of 8.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.03%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
156.04% of assets| Name | Symbol | Weight |
|---|---|---|
| Columbia Short-Term Cash | n/a | 36.44% |
| E-mini S&P 500 Future Sept 25 | n/a | 34.14% |
| ICE: (CDX.NA.HY.44.V1) | n/a | 20.12% |
| MSCI EAFE Index Future Sept 25 | n/a | 11.54% |
| ICE: (CDX.EM.43.V1) | n/a | 11.45% |
| ICE: (CDX.NA.IG.44.V1) | n/a | 11.40% |
| Columbia Commodity Strategy Inst3 | n/a | 11.15% |
| Ultra 10 Year US Treasury Note Future Sept 25 | n/a | 8.82% |
| MSCI Emerging Markets Index Future Sept 25 | n/a | 6.36% |
| 10 Year Treasury Note Future Sept 25 | n/a | 4.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.24018 | Dec 19, 2024 |
| Dec 20, 2023 | $0.04853 | Dec 20, 2023 |
| Dec 20, 2022 | $0.68106 | Dec 20, 2022 |
| Dec 21, 2021 | $2.16832 | Dec 21, 2021 |
| Dec 16, 2020 | $0.17689 | Dec 16, 2020 |
| Dec 19, 2019 | $0.80809 | Dec 19, 2019 |