Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:An Ultra Short Term Fund Turns 20 Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, March 27, 2024

An Ultra Short Term Fund Turns 20

Reported by Neil Anderson, Managing Editor

The team at a publicly traded brokerage's 2,500-employee, $637-billion-AUM (as of December 31) asset management arm is celebrating a big milestone for one of their actively managed, taxable fixed income mutual funds.

William F. "Ted" Truscott
Columbia Threadneedle
CEO
Earlier this month, Ron Stahl, head of the $8.4-billion-AUM short duration and stable value team at Ameriprise's Columbia Threadneedle Investments [profile], highlighted the 20th anniversary of the launch of the Columbia Ultra Short Term Bond Fund. The fund's birthday was March 8.

The Columbia Ultra Short Term Bond Fund is a series of Columbia Funds Series Trust I. Since its inception in 2004, the fund has grown to $1.075 billion in AUM (as of February 29, 2024).

The 20-year-old fund currently comes in four flavors: A shares (CUSOX), with an expense ratio of 46 basis points; Advisor shares (CUSHX), for 31bps; Institutional shares (CUSBX), for 31bps; and Institutional 3 shares (CMGUX), for 24bps.

Columbia Management Investment Advisers, LLC serves as investment advisor to the fund. Its PM team includes senior portfolio manager Gregory Liechty (who has PMed the fund since 2016) and senior PM Stahl (who has PMed the fund since 2015). The Columbia Threadneedle team notes that Stahl and Liechty are backed up by the fund firm's team of more than 80 credit analysts around the world (more than one tenth of the firm's global team of more than 650 investment professionals).

"Columbia Ultra Short Term Bond Fund offers a potentially attractive alternative for investors who seek liquidity and capital preservation by providing exposure to higher-yielding, high-quality bonds at the short end of the curve with low volatility relative to its benchmark," Stahl states.

The Columbia Ultra Short Term Bond Fund's other service providers include: Columbia Management Investment Distributors, Inc. as distributor; Columbia Management Investment Services Corp. as dividend disbursing agent, shareholder servicing agent, and transfer agent; J.P. Morgan as custodian; Kramer Levin Naftalis & Frankel LLP as counsel to independent trustees; PwC as independent accounting firm; and Ropes & Gray LLP as counsel to the trust. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2025: Q3Q2Q1
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. IMEA webinar - Catch the AI Wave: A Practical Guide to Moving From Experimentation to Impact, August 4
  2. MFDF Director Discussion Series - Open Forum (Columbus, Ohio), August 20
  3. Samfund Soiree Boston 2025, August 21
  4. MFDF webinar - The Audit Committee Chair's Guide to Balancing Duties and Emerging Issues, September 3
  5. ICI ETF Conference, Sep 8-10
  6. Nicsa webinar - Reimagining Reconciliation: AI, Regulation, and Capital Markets Transformation, September 10
  7. MFDF webinar - Series Trust Funds - Compliance and Board Reporting, September 10
  8. MFDF In Focus - Board Oversight of DEI in Current Landscape, September 11
  9. MFDF webinar - MFDF 15(c) White Paper Webinar Series: Part 4 – Enforcement Action Takeaways, September 16
  10. MFDF webinar - Latest in Closed-End Funds Litigations, September 23
  11. MFDF webinar - Fixed Income Insights: Navigating Market Trends & Opportunities, September 24
  12. IMEA Portfolio Construction Roundtable, September 24
  13. Expect Miracles Atlantic Coast Classic 2025, September 29
  14. MFDF webinar - Risk Management Essentials for RICs and Boards, September 29
  15. MFDF webinar - Diligent - Tools for Fund Board Book, October 1
  16. 10th annual Fuse Forum, October 8
  17. MFDF webinar - Essential Strategies in Board Oversight of Operational Risk Management, October 14
  18. 2025 MMI Annual Conference, Oct 15-17
  19. MFDF webinar - Series Trust Funds - Effective Board Relationships with Advisers, October 15
  20. MFDF In Focus webinar - Audit Committee Chair, November 5
  21. 2025 Nicsa Asset & Wealth Management Summit, Nov 11-12
  22. MFDF webinar - Mutual Fund CCO Compensations: The MPI Annual Survey Update, November 13
  23. MFDF 2026 Directors' Institute, January 26 - 28, 2026
  24. MFDF 2026 Fund Governance & Regulatory Insights Conference, March 5 - 6, 2026




©All rights reserved to InvestmentWires, Inc. 1997-2025
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use