Columbia Bond Fund Institutional Class (UMMGX)
| Fund Assets | 1.43B |
| Expense Ratio | 0.49% |
| Min. Investment | $2,000 |
| Turnover | 228.00% |
| Dividend (ttm) | 1.28 |
| Dividend Yield | 4.26% |
| Dividend Growth | -0.31% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 29.95 |
| YTD Return | 0.03% |
| 1-Year Return | 5.73% |
| 5-Year Return | 0.29% |
| 52-Week Low | 29.22 |
| 52-Week High | 30.55 |
| Beta (5Y) | 0.28 |
| Holdings | 449 |
| 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 5.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.71%.
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 Gr Bd M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.10625 | Feb 27, 2026 |
| Jan 30, 2026 | $0.10745 | Jan 30, 2026 |
| Dec 31, 2025 | $0.11245 | Dec 31, 2025 |
| Nov 28, 2025 | $0.10877 | Nov 28, 2025 |
| Oct 31, 2025 | $0.11116 | Oct 31, 2025 |
| Sep 30, 2025 | $0.10618 | Sep 30, 2025 |