Columbia High Yield Bond Fund Q4 2025 Commentary

Columbia Threadneedle Investments1.01K FollowersFollow5ShareSavePlay(14min)CommentsSummaryColumbia High Yield Bond Fund Institutional Class (CHYZX) shares returned 1.34% for the quarter ending December 31, 2025.The fund's benchmark, the ICE BofA US Cash Pay High Yield Constrained Index (the benchmark), returned 1.36% for the same period.Default and distressed exchange activity increased moderately over the quarter with five defaults and five distressed exchanges completed. juvaida khatun/iStock via Getty Images The U.S. high-yield market delivered its third consecutive year of total returns over 8% in 2025. While the fourth quarter's return was more muted and spread volatility increased, overall spreads continued to trend lower.This article was written byColumbia Threadneedle Investments1.01K 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.