Columbia Short Term Bond 529 Portfolio (CSBAX)
| 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 | 12.85 |
| YTD Return | 0.78% |
| 1-Year Return | 5.58% |
| 5-Year Return | 14.62% |
| 52-Week Low | 12.17 |
| 52-Week High | 12.86 |
| Beta (5Y) | 0.09 |
| Holdings | n/a |
| Inception Date | n/a |
About CSBAX
Columbia Short Term Bond 529 Portfolio Class A is a college‑savings mutual fund option that invests primarily in **short‑term, investment‑grade bonds** to pursue income and capital preservation over a limited horizon. The portfolio emphasizes diversified exposure across sectors such as **U.S. Treasuries, high‑quality corporates, and securitized credit** including asset‑backed and mortgage‑related securities, aiming to manage interest‑rate sensitivity through a relatively **short effective duration** typical of the category. As part of a 529 plan lineup, its purpose is to serve education savers who seek a conservative fixed‑income sleeve within age‑based or static strategies, providing stability and a consistent income stream relative to longer‑duration bond funds. The strategy draws on the broader Columbia Short Term Bond approach used across share classes, which is categorized by Morningstar as **Short‑Term Bond** and targets **medium credit quality with limited interest‑rate risk**, positioning it as a ballast within diversified education portfolios. By focusing on higher‑quality short maturities and securitized diversification, the fund plays a supportive role in dampening volatility while maintaining liquidity for near‑term education funding needs.
Performance
CSBAX had a total return of 5.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.96%.