CLDYX

About CLDYX

Columbia Limited Duration Credit Fund Institutional 3 is an actively managed mutual fund focused on short- to intermediate‑term, investment‑grade corporate bonds with a disciplined tilt toward preserving capital while generating consistent income. The strategy typically maintains a limited interest rate sensitivity by emphasizing shorter effective durations, positioning it within the short‑term bond segment. According to the manager’s stated approach, the portfolio invests at least 80% in investment‑grade corporate debt and can allocate a modest sleeve to high‑yield bonds, seeking incremental spread without materially increasing risk. The team concentrates on issuers with robust asset bases, steady cash‑flow characteristics, and transparent business models, particularly in less cyclical industries, applying bottom‑up credit research and strong downside risk controls. The fund’s construction and credit selection aim to provide risk‑adjusted returns competitive with short‑maturity corporate benchmarks while balancing credit and rate exposures. Institutional share classes feature contractual expense caps that reduce net expenses for a defined period, and the product caters to investors seeking a core limited‑duration corporate credit allocation within a broader fixed‑income framework.