Columbia Quality Income Fund Q4 2025 Commentary

Columbia Threadneedle Investments1.01K FollowersFollow5ShareSavePlay(10min)CommentsSummaryColumbia Quality Income Fund Institutional Class shares returned 0.97% for the three months ending December 31, 2025, outperforming its benchmark, the Bloomberg U.S. Mortgage-Backed Securities Index.Securitized assets outperformed, with mortgage-backed securities continuing to benefit from lower interest-rate volatility and prepayment risk.The Bloomberg US MBS Index generated a 1.71% total return during the fourth quarter, supported by strong carry, reduced prepayment risk and positive technical signals.The recent announcement from the Trump administration to purchase about $200 billion of agency MBS has shifted the value proposition and is a potential catalyst for stronger returns.Another key opportunity for active fixed-income investors in 2026 will be to capitalize on growing credit dispersion. Tippapatt/iStock via Getty Images Bond investors were rewarded with positive returns across the U.S. bond market during the fourth quarter. Fund performance Columbia Quality Income Fund Institutional Class shares returned 0.97% for the three months ending December 31, 2025, outperforming its benchmark, theThis 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.