Columbia Income Opportunities A Fund (AIOAX - Free Report) a Zacks Rank #2 (Buy) was incepted in June 2003 and is managed by Columbia Mgmt Investment Advisers, LLC. AIOAX seeks to provide high returns through capital and income growth. AIOAX invests more than 80% of its assets in income-generating corporate bonds and other debt securities, with more focus on high-yield market.
The Columbia Income Opportunities A fund, managed by Columbia, carries an expense ratio of 1.07%. Moreover, AIOAX requires a minimal initial investment of $2,000.
AIOAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 3.77% and 5 year 5.37%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
AIOAX’s performance, as of the last filing, when compared to funds in its category was in the top 43% in 1 year, top 22% over the past 3 years, and in the 21% over the past 5 years.
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