Columbia Quality Income Fund Institutional Class (CUGZX)
| Fund Assets | 1.27B |
| Expense Ratio | 0.63% |
| Min. Investment | $2,000 |
| Turnover | 375.00% |
| Dividend (ttm) | 0.71 |
| Dividend Yield | 3.93% |
| Dividend Growth | -3.78% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 18.16 |
| YTD Return | 3.96% |
| 1-Year Return | 7.71% |
| 5-Year Return | -6.12% |
| 52-Week Low | 17.16 |
| 52-Week High | 18.84 |
| Beta (5Y) | 0.27 |
| Holdings | 338 |
| Inception Date | Sep 27, 2010 |
About CUGZX
Columbia Quality Income Fund Institutional Class is a fixed income mutual fund focused on providing current income as its principal objective, with capital preservation as a secondary goal. The fund primarily invests in mortgage-related securities that are issued or guaranteed by the U.S. government, its agencies, or instrumentalities, which anchors its strategy in high-quality debt instruments. The portfolio is diversified across hundreds of holdings, offering exposure to a broad range of U.S. mortgage-backed securities, with an emphasis on maintaining a relatively low correlation to equity and credit markets to help balance risk and return. Notable features include a competitive expense ratio, monthly dividend distributions, and a minimum investment requirement suitable for institutional and larger-scale individual investors. Since its inception in 2010, the fund has played a significant role in the fixed income segment, appealing to those seeking a stable income stream while prioritizing protection of invested capital in various market environments.
Performance
CUGZX had a total return of 7.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.20%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FMGAX | Fidelity | Fidelity Advisor Mortgage Securities Fund - Class A | 0.80% |
| FMSCX | Fidelity | Fidelity Advisor Mortgage Securities Fund - Class I | 0.57% |
| FIKUX | Fidelity | Fidelity Advisor Mortgage Securities Fund - Class Z | 0.36% |
| FMSAX | Fidelity | Fidelity Advisor Mortgage Securities Fund - Class M | 0.80% |
| FMSFX | Fidelity | Fidelity Mortgage Securities Fund | 0.44% |
Top 10 Holdings
26.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal National Mortgage Association 4.5% | FNCL.4.5 4.11 | 6.15% |
| Federal National Mortgage Association 3.5% | n/a | 5.22% |
| Government National Mortgage Association 4.5% | n/a | 3.61% |
| Government National Mortgage Association 2.5% | n/a | 2.08% |
| Federal National Mortgage Association 3% | n/a | 1.97% |
| Fnma Pass-Thru I 4% | n/a | 1.79% |
| Columbia Short-Term Cash | n/a | 1.66% |
| Federal National Mortgage Association 3% | n/a | 1.46% |
| Fnma Pass-Thru I 4.5% | n/a | 1.38% |
| Federal National Mortgage Association 2% | FN.MA4325 | 1.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.06515 | Jun 30, 2025 |
| May 30, 2025 | $0.06327 | May 30, 2025 |
| Apr 30, 2025 | $0.05915 | Apr 30, 2025 |
| Mar 31, 2025 | $0.05627 | Mar 31, 2025 |
| Feb 28, 2025 | $0.05486 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0562 | Jan 31, 2025 |