Columbia Bond Fund Q3 2025 Commentary

Columbia Threadneedle Investments979 FollowersFollow5ShareSavePlay(8min)CommentsSummaryMarkets remain resilient, offering selective opportunities amid uncertainty.The third quarter of 2025 delivered broadly positive returns across U.S. fixed income markets.Columbia Bond Fund Institutional Class shares returned 1.91% for the period ended September 30, 2025.Looking ahead, investor attention will likely remain focused on the Fed's policy path, labor market dynamics, and inflation trends.We are maintaining our overweight to the agency mortgage space. Douglas Rissing/iStock via Getty Images Fund performance Columbia Bond Fund Institutional Class shares returned 1.91% for the period ended September 30, 2025. The Bloomberg U.S.

Aggregate Bond Index returned 2.03% for the same period. For monthly performance information, visit columbiathreadneedleus.com . This article was written byColumbia Threadneedle Investments979 FollowersFollowColumbia Threadneedle Investments is a leading global asset management group that provides a broad range of actively managed investment strategies and solutions for individual, institutional and corporate clients around the world.

Columbia Threadneedle Investments is the global asset management group of Ameriprise Financial, Inc. (NYSE: AMP). For more information please visit columbiathreadneedleus.com.Quick InsightsHow is UMMGX currently positioned regarding sector allocation and risk?UMMGX maintains an overweight to agency mortgage-backed securities for risk-adjusted returns and holds conservative corporate risk exposure due to compressed credit spreads.What macroeconomic scenarios is the fund positioned to benefit from?The fund is positioned to benefit from economic recovery or stasis, expecting the Fed to pursue limited, front-loaded cuts with a terminal rate above 3%.What were the main drivers of UMMGX's Q3 2025 performance relative to its benchmark?Longer-than-benchmark duration and sector allocation, especially in agency MBS, contributed positively, while security selection negatively impacted relative performance.Recommended For You