Please see the Fund's prospectus in the Literature section of the page for a description of risks associated with the Fund.


Performance data shown represents past performance and is not a guarantee of future results. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data shown. Returns shown assume reinvestment of distributions and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance for different share classes varies based on differences in sales charges and fees associated with each class. Not all Funds offer every class of shares.

Net asset value (NAV) returns do not include sales charges or contingent deferred sales charges (CDSC). If they were included, returns would be lower.

Class A: Public offering price (POP) returns are calculated with the effect of the maximum initial sales charge.

Class C: Returns W/CDSC are calculated with the effect of a CDSC.

Class V: POP returns are calculated with the effect of the maximum initial sales charge.

Class R, Advisor, Institutional, Institutional 2, and Institutional 3: Shares are sold only at Net asset value (NAV). Only eligible investors may purchase these shares. See the prospectus for eligibility requirements and other important information.

Gross expense ratio: Fund expense ratios are calculated based on the Fund's average net assets during the Fund's most recently completed fiscal year (or based on estimated amounts for funds that have been in existence less than one year), and have not been adjusted for current asset levels. If adjusted for any decrease or increase in assets, expense ratios would be higher or lower, respectively, than the numbers shown above. Please see the Fund's prospectus for additional details.

Net expense ratio: Net expenses are after expense waiver/reimbursement. The investment manager and certain of its affiliates have contractually (for at least the current fiscal year) agreed to waive certain fees and/or to reimburse certain expenses of the Fund, as described in the Fund's prospectus, unless sooner terminated at the sole discretion of the Fund's board. Fee waivers/expense caps would limit the impact that any decrease in assets would have on net expense ratios in the current fiscal year.

* Returns shown for periods prior to the fund's share class inception date include the returns of the oldest share class of the fund, adjusted to reflect higher class-related operating expenses, as applicable. In addition, the returns shown include the returns of any predecessor to the fund. For certain funds, performance reflects returns achieved through an investment strategy which materially defers from the strategy currently utilized. Click here for more information.

Morningstar Rating

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ used to rank the fund against other funds in the same category. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly excess performance, without any adjustments for loads (front-end, deferred, or redemption fees), placing more emphasis on downward variations and rewarding consistent performance. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star (each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages).

Morningstar Percentile Rankings are based on the average annual total returns of the funds in the category for the periods stated. They do not include sales charges or redemption fees but do include operating expenses and the reinvestment of dividends and capital gains distributions. The highest (most favorable) percentile rank is 1 and the lowest (least favorable) percentile rank is 100. Share class rankings vary due to different expenses. If sales charges or redemption fees were included, total returns would be lower.

Morningstar Style Box

The Morningstar Style BoxTM is based on the Fund's portfolio holdings as of period end. The vertical axis shows the market capitalization of the stocks owned, and the horizontal axis shows investment style (value, blend, or growth). Information shown is based on the most recent data provided by Morningstar. The Morningstar style box data is updated on the 10th business day after every month end.

© 2023 Morningstar, Inc. All Rights Reserved. The Morningstar information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Index Information

Source: MSCI. The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an "as is" basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the "MSCI Parties") expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages.

The S&P Dow Jones Index is a product of S&P Dow Jones Indices LLC (“S&P DJI”) and/or its affiliates and has been licensed for use by CMIA, LLC or its Affiliates. Copyright © 2023 by S&P Dow Jones Indices LLC, a subsidiary of McGraw Hill Financial, Inc. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. S&P Dow Jones Indices LLC, its affiliates, and their third party licensors shall have any liability for any errors, omissions, or interruptions of any index or the data included therein. Any blended benchmarks included in this report that include one or more S&P DJI indices [and other third party index or indices] have been calculated by CMIA, LLC or its Affiliates.

Source for ICE data: “ICE” Index data referenced herein is the property of ICE Data Indices LLC, its affiliates and/or its third party suppliers (collectively, “ICE Data”). Source for Bloomberg data: “BLOOMBERG®” is a trademark and service mark of Bloomberg Finance L.P. and its affiliates. Source for FTSE/Russell data: London Stock Exchange Group plc and its undertakings (collectively, the “LSE Group”). Source for J.P. Morgan data: Information has been obtained from sources believed to be reliable, but J.P. Morgan does not warrant its completeness or accuracy. These indices have been licensed for use by Columbia Threadneedle Investments. The fund is not sponsored, endorsed, sold or promoted by ICE, Bloomberg, FTSE/Russell or J.P. Morgan and ICE, Bloomberg, FTSE/Russell and JP Morgan make no representation regarding the advisability of investing in the fund. For more complete information about ICE, Bloomberg, FTSE/Russell and J.P. Morgan: https://www.columbiathreadneedleus.com/indexattrib


Alpha measures the relationship between the Fund's performance and its beta over a three-year period. Alpha greater than 0.0 means an investment has performed better than the compared index given its level of risk. It can be viewed as a measure of the value added by the Fund manager.

Average effective duration provides a measure of the fund's interest-rate sensitivity.

Beta measures a fund's risk relative to its benchmark The index is equivalent to 1.0. A fund with a beta greater than 1.0 has been more volatile than the index while a fund with a beta less than 1.0 has been less volatile.

Price-to-Book Ratio is a stock's price divided by its book value, and may help determine if the stock is valued fairly.

Price-to-Earnings Ratio is a stock's price divided by after-tax earnings over a trailing 12-month period, which serves as an indicator of value based on earnings.

R-Squared ranges from 0.00 to 100 and measures how closely the Fund's performance matches (or doesn't match) the performance of its benchmark index.

30-day SEC Yield: The SEC yield should be regarded as an estimate of the fund's rate of investment income reflecting an estimated yield to maturity (assuming all current portfolio holdings are held to maturity), and it may not equal the fund's actual income distribution rate or the income paid to a shareholder's account. The yield shown reflects fee waivers in effect, if any. In the absence of such waivers, yields would be reduced. The fund may own treasury inflation protected securities (TIPS) or other inflation indexed securities. If so, the yield will reflect an inflation adjustment that is attributable to these securities. This adjustment and the resulting yield can be positive (in the case of inflation) or negative (in the case of deflation) during the period shown.

Unsubsidized 30-day SEC Yield: The unsubsidized yield shown is the SEC yield adjusted to reflect the gross expense ratio applicable to the class of shares shown and without regard to the contractual reimbursements and fee waivers required of the fund's investment manager and affiliates.

The 30-day yields may appear to be the same due to rounding.

Sharpe Ratio divides a fund's return in excess of the 90-day Treasury bill by the investment's standard deviation to measure risk-adjusted performance.

Standard Deviation is a statistical measure of the degree to which an individual value in a probability distribution tends to vary from the mean of the distribution.

Turnover Rate (fiscal year end%) measures the percentage of holdings that has been "turned over" or replaced, in the past year.

Average Coupon is a calculation of the total interest cost for a bond issue expressed as a percentage. The average coupon is equal to the total interest payments of an issue divided by bond year dollars.

Duration to Worst is the duration of a bond computed using the bond's nearest call date or maturity, whichever comes first. This measure ignores future cash flow fluctuations due to embedded optionality.

It is not possible to invest directly in an index. For index descriptions, click here.

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