Columbia Bond Fund Institutional Class (UMMGX)
| Fund Assets | 957.47M |
| Expense Ratio | 0.49% |
| Min. Investment | $2,000 |
| Turnover | 262.00% |
| Dividend (ttm) | 1.27 |
| Dividend Yield | 4.30% |
| Dividend Growth | -2.01% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 29.60 |
| YTD Return | 2.46% |
| 1-Year Return | 3.25% |
| 5-Year Return | -4.22% |
| 52-Week Low | 28.72 |
| 52-Week High | 30.80 |
| Beta (5Y) | 0.25 |
| Holdings | 427 |
| Inception Date | Jan 9, 1986 |
About UMMGX
The Columbia Bond Fund Institutional Class is a mutual fund focused on investing in a diversified portfolio of high-quality bonds. Its primary purpose is to provide current income while minimizing principal fluctuations, making it suitable for investors seeking stable returns. The fund invests mainly in corporate debt obligations and U.S. government securities, offering a core bond strategy that appeals to investors looking for consistent income and capital preservation. By targeting a broad range of bond investments, the Columbia Bond Fund Institutional Class plays a significant role in the fixed income market, providing a stable option for portfolios seeking to balance risk and income.
Performance
UMMGX had a total return of 3.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.65%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Top 10 Holdings
22.74% of assets| Name | Symbol | Weight |
|---|---|---|
| COLUMBIA SHORT TERM CASH FUND | n/a | 5.95% |
| UMBS 30YR TBA(REG A) | FNCL.3 5.11 | 3.36% |
| UMBS 30YR TBA(REG A) | FNCL.4 5.11 | 2.99% |
| UMBS 30YR TBA(REG A) | FNCL.6 5.11 | 2.74% |
| UMBS 30YR TBA(REG A) | FNCL.4.5 5.11 | 1.63% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION - FNMA 30YR UMBS | FN.CB4333 | 1.55% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION - FNMA 30YR UMBS SUPER | FN.FS6105 | 1.22% |
| FEDERAL HOME LOAN MORTGAGE CORPORATION - FHLMC 30YR UMBS | FR.RA5921 | 1.16% |
| FEDERAL HOME LOAN MORTGAGE CORPORATION - FHLMC 30YR UMBS SUPER | FR.SD1485 | 1.12% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_25-6 - FNMA_25-6 | n/a | 1.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.1061 | Jun 30, 2025 |
| May 30, 2025 | $0.10421 | May 30, 2025 |
| Apr 30, 2025 | $0.09907 | Apr 30, 2025 |
| Mar 31, 2025 | $0.10029 | Mar 31, 2025 |
| Feb 28, 2025 | $0.09963 | Feb 28, 2025 |
| Jan 31, 2025 | $0.10712 | Jan 31, 2025 |