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Columbia Income Opportunities Fund
mutual fund
CIOZX
Payout Change
Pending
Price as of:
$8.9
+0.0
+0.0%
primary theme
High Yield Bond
share class
CIOZX (Mutual Fund)
Columbia Income Opportunities Fund
Payout Change
Pending
Price as of:
$8.9
+0.0
+0.0%
primary theme
High Yield Bond
share class
CIOZX (Mutual Fund)
Columbia Income Opportunities Fund
Payout Change
Pending
Price as of:
$8.9
+0.0
+0.0%
primary theme
High Yield Bond
share class
Name
As of 10/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
6.7%
1 yr return
14.7%
3 Yr Avg Return
2.4%
5 Yr Avg Return
3.4%
Net Assets
$775 M
Holdings in Top 10
10.0%
52 WEEK LOW AND HIGH
$8.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 58.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
CIOZX - Profile
Distributions
- YTD Total Return 6.7%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 3.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.46%
- Dividend Yield 5.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameColumbia Income Opportunities Fund
-
Fund Family NameColumbia Funds Complex
-
Inception DateSep 27, 2010
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrian Lavin
Fund Description
div style="line-height:11.16pt;margin-top:4.00pt;text-align:left;"span style="color:#003c78;font-family:arial;font-size:9.30pt"Under normal market conditions, the Fund’s assets are invested primarily in income-producing debt securities, with /spanspan style="color:#003c78;font-family:arial;font-size:9.30pt"an emphasis on the higher rated segment of the high-yield (junk bond) market. These income-producing debt /spanspan style="color:#003c78;font-family:arial;font-size:9.30pt"instruments include corporate debt securities as well as bank loans. The Fund will purchase only debt instruments /spanspan style="color:#003c78;font-family:arial;font-size:9.30pt"rated B or above, or if unrated, determined to be of comparable quality. If a debt instrument falls below a B rating /spanspan style="color:#003c78;font-family:arial;font-size:9.30pt"after investment by the Fund, the Fund may continue to hold the instrument./span/divdiv style="line-height:11.16pt;margin-top:4.00pt;text-align:left;"span style="color:#003c78;font-family:arial;font-size:9.30pt"The Fund may invest up to 25% of its net assets in foreign investments./spanspan style="color:#003c78;font-family:arial;font-size:9.30pt;line-height:11.16pt" /spanspan style="color:#003c78;font-family:arial;font-size:9.30pt"The Fund may at times emphasize one or /spanspan style="color:#003c78;font-family:arial;font-size:9.30pt"more sectors in selecting its investments./span/divdiv style="line-height:11.16pt;margin-top:4.00pt;text-align:left;"span style="color:#003c78;font-family:arial;font-size:9.30pt"Corporate debt instruments in which the Fund invests are typically unsecured, with a fixed-rate of interest, and are /spanspan style="color:#003c78;font-family:arial;font-size:9.30pt"usually issued by companies or similar entities to provide financing for their operations, or other activities./span/divdiv style="line-height:11.16pt;margin-top:4.00pt;text-align:left;"span style="color:#003c78;font-family:arial;font-size:9.30pt"The Fund may invest in debt instruments of any maturity and does not seek to maintain a particular dollar-weighted /spanspan style="color:#003c78;font-family:arial;font-size:9.30pt"average maturity./spanspan style="color:#003c78;font-family:arial;font-size:9.30pt;line-height:11.16pt" /spanspan style="color:#003c78;font-family:arial;font-size:9.30pt"Because the Fund emphasizes high-yield investments, more emphasis is put on credit risk by the /spanspan style="color:#003c78;font-family:arial;font-size:9.30pt"portfolio managers in selecting investments than either maturity or duration./span/divdiv style="line-height:11.16pt;margin-top:4.00pt;text-align:left;"span style="color:#003c78;font-family:arial;font-size:9.30pt"The Fund may invest in privately placed and other securities or instruments that are purchased and sold pursuant to /spanspan style="color:#003c78;font-family:arial;font-size:9.30pt"Rule 144A or other exemptions under the Securities Act of 1933, as amended, subject to certain regulatory /spanspan style="color:#003c78;font-family:arial;font-size:9.30pt"restrictions./span/div
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CIOZX - Performance
Return Ranking - Trailing
| Period | CIOZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.7% | -5.4% | 15.4% | 70.97% |
| 1 Yr | 14.7% | -1.5% | 20.2% | 65.00% |
| 3 Yr | 2.4%* | -14.9% | 20.9% | 51.32% |
| 5 Yr | 3.4%* | -11.8% | 37.4% | 72.68% |
| 10 Yr | 4.0%* | -5.1% | 20.2% | 40.14% |
* Annualized
Return Ranking - Calendar
| Period | CIOZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.7% | -4.7% | 14.3% | 37.38% |
| 2022 | -14.4% | -33.4% | 3.6% | 31.21% |
| 2021 | -3.2% | -8.4% | 8.2% | 95.93% |
| 2020 | -1.6% | -13.2% | 302.7% | 77.84% |
| 2019 | 11.0% | -4.4% | 13.3% | 4.49% |
Total Return Ranking - Trailing
| Period | CIOZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.7% | -5.4% | 15.4% | 70.97% |
| 1 Yr | 14.7% | -1.5% | 20.2% | 65.00% |
| 3 Yr | 2.4%* | -14.9% | 20.9% | 51.32% |
| 5 Yr | 3.4%* | -11.8% | 37.4% | 72.68% |
| 10 Yr | 4.0%* | -5.1% | 20.2% | 40.14% |
* Annualized
Total Return Ranking - Calendar
| Period | CIOZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.4% | -4.7% | 18.7% | 44.01% |
| 2022 | -9.9% | -33.4% | 47.8% | 36.76% |
| 2021 | 4.6% | -8.4% | 12.4% | 61.19% |
| 2020 | 3.3% | -9.6% | 325.6% | 80.63% |
| 2019 | 17.1% | -3.8% | 19.4% | 3.59% |
NAV & Total Return History
CIOZX - Holdings
Concentration Analysis
| CIOZX | Category Low | Category High | CIOZX % Rank | |
|---|---|---|---|---|
| Net Assets | 775 M | 3.13 M | 23.6 B | 40.65% |
| Number of Holdings | 381 | 2 | 3879 | 44.73% |
| Net Assets in Top 10 | 76.4 M | -492 M | 5.25 B | 54.62% |
| Weighting of Top 10 | 10.00% | 4.2% | 146.0% | 78.28% |
Top 10 Holdings
- COLUMBIA SHORT TERM CASH FUND 2.60%
- ALLIANT HLDS INTERMED/ALLIANT HLDS 0.88%
- IRB HOLDING CORP 0.86%
- TENET HEALTHCARE CORPORATION 0.86%
- CLEARWAY ENERGY OPERATING LLC 0.85%
- HUB INTERNATIONAL LIMITED 0.85%
- CLEAR CHANNEL WORLDWIDE HOLDINGS 0.80%
- NEXTERA ENERGY PARTNERS LP 0.80%
- COLGATE ENERGY PARTNERS III LLC 0.77%
- PICARD MIDCO INC 0.72%
Asset Allocation
| Weighting | Return Low | Return High | CIOZX % Rank | |
|---|---|---|---|---|
| Bonds | 96.75% | 0.00% | 145.36% | 33.55% |
| Cash | 3.24% | -52.00% | 48.02% | 57.54% |
| Convertible Bonds | 1.34% | 0.00% | 17.89% | 38.41% |
| Stocks | 0.01% | 0.00% | 99.64% | 69.68% |
| Preferred Stocks | 0.00% | 0.00% | 4.97% | 55.11% |
| Other | 0.00% | -39.08% | 99.96% | 57.70% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CIOZX % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 93.48% | 0.00% | 100.00% | 2.05% |
| Industrials | 5.48% | 0.00% | 93.12% | 14.62% |
| Technology | 1.03% | 0.00% | 33.17% | 23.98% |
| Utilities | 0.00% | 0.00% | 100.00% | 42.69% |
| Real Estate | 0.00% | 0.00% | 86.71% | 36.26% |
| Healthcare | 0.00% | 0.00% | 22.17% | 32.75% |
| Financial Services | 0.00% | 0.00% | 100.00% | 44.44% |
| Energy | 0.00% | 0.00% | 100.00% | 80.70% |
| Communication Services | 0.00% | 0.00% | 99.99% | 64.04% |
| Consumer Defense | 0.00% | 0.00% | 100.00% | 35.96% |
| Basic Materials | 0.00% | 0.00% | 100.00% | 43.27% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CIOZX % Rank | |
|---|---|---|---|---|
| US | 0.01% | 0.00% | 99.64% | 68.07% |
| Non US | 0.00% | -0.01% | 0.83% | 35.49% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | CIOZX % Rank | |
|---|---|---|---|---|
| Corporate | 97.44% | 0.00% | 100.00% | 24.03% |
| Cash & Equivalents | 2.60% | 0.00% | 48.02% | 55.43% |
| Derivative | 0.00% | -14.19% | 42.26% | 50.24% |
| Securitized | 0.00% | 0.00% | 97.24% | 59.09% |
| Municipal | 0.00% | 0.00% | 1.17% | 26.62% |
| Government | 0.00% | 0.00% | 99.07% | 48.54% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | CIOZX % Rank | |
|---|---|---|---|---|
| US | 96.75% | 0.00% | 126.57% | 23.34% |
| Non US | 0.00% | 0.00% | 96.91% | 56.24% |
CIOZX - Expenses
Operational Fees
| CIOZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.82% | 0.02% | 38.33% | 63.27% |
| Management Fee | 0.65% | 0.00% | 1.75% | 75.44% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 3.59% |
| Administrative Fee | N/A | 0.00% | 0.50% | 24.90% |
Sales Fees
| CIOZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| CIOZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| CIOZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 58.00% | 1.00% | 255.00% | 38.76% |
CIOZX - Distributions
Dividend Yield Analysis
| CIOZX | Category Low | Category High | CIOZX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 5.66% | 0.00% | 11.76% | 71.01% |
Dividend Distribution Analysis
| CIOZX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
| CIOZX | Category Low | Category High | CIOZX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 4.46% | -2.39% | 9.30% | 44.88% |
Capital Gain Distribution Analysis
| CIOZX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Aug 30, 2024 | $0.042 | OrdinaryDividend |
| Jul 31, 2024 | $0.041 | OrdinaryDividend |
| Apr 30, 2024 | $0.040 | OrdinaryDividend |
| Mar 28, 2024 | $0.039 | OrdinaryDividend |
| Feb 29, 2024 | $0.042 | OrdinaryDividend |
| Jan 31, 2024 | $0.042 | OrdinaryDividend |
| Dec 29, 2023 | $0.048 | OrdinaryDividend |
| Nov 30, 2023 | $0.043 | OrdinaryDividend |
| Oct 31, 2023 | $0.039 | OrdinaryDividend |
| Sep 29, 2023 | $0.040 | OrdinaryDividend |
| Aug 31, 2023 | $0.039 | OrdinaryDividend |
| Jul 31, 2023 | $0.037 | OrdinaryDividend |
| Jun 30, 2023 | $0.037 | OrdinaryDividend |
| May 31, 2023 | $0.037 | OrdinaryDividend |
| Apr 28, 2023 | $0.037 | OrdinaryDividend |
| Mar 31, 2023 | $0.038 | OrdinaryDividend |
| Feb 28, 2023 | $0.039 | OrdinaryDividend |
| Jan 31, 2023 | $0.041 | OrdinaryDividend |
| Dec 30, 2022 | $0.041 | OrdinaryDividend |
| Nov 30, 2022 | $0.040 | OrdinaryDividend |
| Oct 31, 2022 | $0.038 | OrdinaryDividend |
| Sep 30, 2022 | $0.037 | OrdinaryDividend |
| Aug 31, 2022 | $0.037 | OrdinaryDividend |
| Jul 29, 2022 | $0.034 | OrdinaryDividend |
| Jun 30, 2022 | $0.033 | OrdinaryDividend |
| May 31, 2022 | $0.032 | OrdinaryDividend |
| Apr 29, 2022 | $0.031 | OrdinaryDividend |
| Mar 31, 2022 | $0.031 | OrdinaryDividend |
| Feb 28, 2022 | $0.031 | OrdinaryDividend |
| Jan 31, 2022 | $0.031 | OrdinaryDividend |
| Dec 31, 2021 | $0.032 | OrdinaryDividend |
| Dec 02, 2021 | $0.297 | OrdinaryDividend |
| Nov 30, 2021 | $0.033 | OrdinaryDividend |
| Oct 29, 2021 | $0.034 | OrdinaryDividend |
| Sep 30, 2021 | $0.035 | OrdinaryDividend |
| Aug 31, 2021 | $0.037 | OrdinaryDividend |
| Jun 30, 2021 | $0.042 | OrdinaryDividend |
| May 28, 2021 | $0.041 | OrdinaryDividend |
| Apr 30, 2021 | $0.043 | OrdinaryDividend |
| Mar 31, 2021 | $0.043 | OrdinaryDividend |
| Feb 26, 2021 | $0.042 | OrdinaryDividend |
| Jan 29, 2021 | $0.041 | OrdinaryDividend |
| Dec 31, 2020 | $0.041 | OrdinaryDividend |
| Nov 30, 2020 | $0.039 | OrdinaryDividend |
| Oct 30, 2020 | $0.037 | OrdinaryDividend |
| Sep 30, 2020 | $0.035 | OrdinaryDividend |
| Aug 31, 2020 | $0.035 | OrdinaryDividend |
| Jul 31, 2020 | $0.033 | OrdinaryDividend |
| Jun 30, 2020 | $0.032 | OrdinaryDividend |
| May 29, 2020 | $0.033 | OrdinaryDividend |
| Apr 30, 2020 | $0.033 | OrdinaryDividend |
| Mar 31, 2020 | $0.036 | OrdinaryDividend |
| Feb 28, 2020 | $0.037 | OrdinaryDividend |
| Jan 31, 2020 | $0.038 | OrdinaryDividend |
| Dec 31, 2019 | $0.039 | OrdinaryDividend |
| Nov 29, 2019 | $0.040 | OrdinaryDividend |
| Oct 31, 2019 | $0.041 | OrdinaryDividend |
| Sep 30, 2019 | $0.041 | OrdinaryDividend |
| Aug 30, 2019 | $0.041 | OrdinaryDividend |
| Jul 31, 2019 | $0.041 | OrdinaryDividend |
| Nov 30, 2015 | $0.070 | CapitalGainLongTerm |
| Dec 02, 2014 | $0.031 | CapitalGainLongTerm |
| Nov 30, 2011 | $0.194 | CapitalGainLongTerm |
CIOZX - Fund Manager Analysis
Managers
Brian Lavin
Start Date
Tenure
Tenure Rank
Jun 19, 2003
18.96
19.0%
Brian Lavin is a senior portfolio manager and head of the U.S. High Yield Fixed-Income Sector team at Columbia Threadneedle Investments. Mr. Lavin joined one of the Columbia Threadneedle Investments legacy firms in April 1994 as a credit analyst covering high yield bonds, was promoted to associate portfolio manager in 1999 and to portfolio manager in 2000. Previously, Mr. Lavin was a high yield analyst at Van Kampen Merrit. He has experience in both non-investment-grade and investment-grade issuers and has covered a variety of industries. He has been in the investment industry since 1986. Mr. Lavin received a B.A. in Business Administration from the University of St. Thomas and an MBA from the University of Wisconsin – Milwaukee. In addition, he holds the Chartered Financial Analyst® designation.
Daniel DeYoung
Start Date
Tenure
Tenure Rank
Feb 08, 2019
3.31
3.3%
Mr. DeYoung began his investment career in 2005 and earned a B.S. from the University of Minnesota Carlson School of Management.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.13 | 37.79 | 7.29 | 8.17 |
