SBND

Columbia Short Duration Bond ETF

$18.91

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The Columbia Short Duration Bond ETF (SBND) seeks to provide current income while maintaining a relatively short duration portfolio.

Overview

ETF tracking Columbia Short Duration Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2021-09-21

Market Cap $83.2M

Average Volume N/A

Dividend Yield 3.90%

52-Week Range $18.30 - $19.07

VWAP $18.91

Performance

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Investment Summary

📎 Investment Objective

The Columbia Short Duration Bond ETF (SBND) seeks to provide current income while maintaining a relatively short duration portfolio.

🎯 Investment Strategy

The fund invests primarily in investment-grade fixed income securities with short-term maturities, typically less than 3 years. The portfolio is actively managed to maintain a low duration profile in order to reduce interest rate risk.

✨ Key Features

Focuses on short-term, investment-grade fixed income securities
Actively managed to maintain a low duration profile, typically less than 3 years
Aims to provide current income with reduced interest rate sensitivity
Very low expense ratio of 0.00%

⚠️ Primary Risks

Credit risk - the risk that the issuer of a bond will default or have its credit rating downgraded
Interest rate risk - the risk that bond prices will decline as interest rates rise
Liquidity risk - the risk that the fund may have difficulty selling certain securities at an advantageous time and price
Reinvestment risk - the risk that future proceeds from investments may have to be reinvested at a potentially lower rate of return

👤 Best For

The Columbia Short Duration Bond ETF may be suitable for investors seeking current income and reduced interest rate risk in the fixed income portion of their portfolio. Its short-term focus makes it appropriate for investors with a relatively short investment horizon or those looking to mitigate duration risk in their bond allocation.