ALDAX Fees and Costs — Columbia Select Short Corporate Income Fund, Class A
Data updated: 2026-09-28
The net expense ratio is 0.68%: a 0.43% management fee, a 0.25% 12b-1 fee plus 0.16% other expenses, less a 0.16% fee waiver. This share class carries a maximum front-end sales load of 1.00% and a deferred sales charge of up to 1.00%. Portfolio turnover was 107%.
ALDAX Fees and Expenses
Annual operating expenses and sales charges of ALDAX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.43% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.84% |
| Fee waiver | −0.16% |
| Net expense ratio | 0.68% |
| Sales charges | |
|---|---|
| Max front load | 1.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ALDAX Costs Over Time
On $10,000 invested in ALDAX, assuming 5% a year before costs, total costs come to $551 over 5 years, cutting the return by 0.92% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $203 | $100 | $100 |
| Fund expenses (net expense ratio 0.68%) | $71 | $221 | $385 |
| Lost growth on money paid in costs | $5 | $27 | $66 |
| Total costs | $279 | $348 | $551 |
| Value after costs | $10,221 | $11,228 | $12,211 |
| Impact on return, per year | 2.79% | 1.06% | 0.92% |
ALDAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.0B
- Portfolio turnover (prospectus): 107%
- Securities lending: none during the year
ALDAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley | $148.2M | 18.64% |
| JPMorgan | $117.6M | 14.79% |
| Goldman Sachs | $107.5M | 13.53% |
| Barclays | $92.4M | 11.63% |
| Citadel Securities LLC | $87.8M | 11.04% |
| Bank of America NA | $62.3M | 7.84% |
| Wells Fargo | $49.2M | 6.19% |
| HSBC | $48.9M | 6.15% |
| RBC Capital Markets | $44.1M | 5.54% |
| Citi | $37.0M | 4.65% |
Columbia Select Short Corporate Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CLDYX | Institutional 3 Class | 0.32% | none |
| CTLRX | Institutional 2 Class | 0.37% | none |
| CLDZX | Institutional Class | 0.43% | none |
| ALDAX | Class A | 0.68% | 1.00% |
| RDCLX | Class C | 1.43% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.