Columbia Dividend Income Fund

Frequently Asked Questions About CDDRX

What does CDDRX invest in?

The fund is mandated to commit at least four-fifths of its total capital, encompassing any leveraged funds utilized for investment, to a diverse collection of equity holdings that generate income through dividends. While primarily composed of common stocks, this portfolio may also feature preferred shares and convertible securities. The investment approach largely centers on identifying companies whose shares are considered undervalued, though the fund also has the flexibility to invest in businesses poised for significant long-term growth. Furthermore, it can allocate capital to companies of any market capitalization, from small to large.

What is the expense ratio of CDDRX?

Columbia Dividend Income Fund (CDDRX) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations.

What is CDDRX's dividend yield?

CDDRX's trailing-twelve-month yield is 4.69%, calculated from the sum of dividends over the past year divided by the current price.

How big is CDDRX?

Columbia Dividend Income Fund (CDDRX) manages $48.75B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is CDDRX actively managed or an index fund?

CDDRX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was CDDRX launched?

Columbia Dividend Income Fund (CDDRX) launched in November 2012 and is managed by the fund issuer.