Columbia Quality Income Fund
Data updated: 2026-09-24
C000169181 — Columbia Quality Income Fund. Long Securitized (MBS/ABS/CMBS) Bond · $1.20B AUM. Holdings, fees, performance and SEC filings.
C000169181 Fund Overview
Columbia Quality Income Fund is a US mutual fund managed by Columbia Funds Series Trust II, categorised as Long Securitized (MBS/ABS/CMBS) Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Columbia Funds Series Trust II
- Category: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $1.20B
- 1-year return: -3.0%
- SEC CIK: 0001352280
- SEC series ID: S000031344
- Share class ID: C000169181
C000169181 Investment Objective and Strategy
Columbia Quality Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Columbia Funds Series Trust II.
Investment objective
Columbia Quality Income Fund (the Fund) seeks to provide shareholders with current income as its primary objective and,
Principal investment strategy
Under normal circumstances, at least 80% of the Funds net assets (including the amount of any borrowings for investment purposes) are invested in mortgage-related securities. Mortgage-related securities include those that are either issued or guaranteed as to principal and interest by the U.S. Government, its agencies, authorities or instrumentalities (U.S. Government Securities), those issued by non-U.S. governments, as well as residential and commercial mortgage-backed securities issued by non-governmental entities. Mortgage-related securities that either are issued or guaranteed as to principal and interest by the U.S. Government, its agencies, authorities or instrumentalities include Government National Mortgage Association (GNMA or Ginnie Mae) mortgage-backed bonds, which are backed by the full faith and credit of the U.S.
Government; and Federal National Mortgage Association (FNMA or Fannie Mae) and Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac) mortgage-backed bonds. FNMA and FHLMC are chartered or sponsored by Acts of Congress; however, their securities are neither issued nor guaranteed by the U.S. Treasury or backed by the full faith and credit of the U.S. Government. The Funds investments in mortgage-related securities include investments in stripped mortgage-backed securities such as interest-only (IO) and principal-only (PO) securities. Under normal circumstances, the Fund invests at least 60% of its net assets in mortgage-related securities that are U.S. Government Securities and at least 80% of its net assets in securities rated investment grade by a nationally recognized statistical rating organization or, if unrated, determined to be of comparable quality.
The Fund may invest up to 20% of its net assets in debt instruments that, at the time of purchase, are rated below investment grade or are unrated but determined to be of comparable quality (commonly referred to as high-yield investments or junk bonds). The Fund may invest in debt instruments of any maturity and does not seek to maintain a particular dollar-weighted average maturity. The Fund may invest in privately placed and other securities or instruments that are purchased and sold pursuant to Rule 144A or other exemptions under the Securities Act of 1933, as amended, subject to liquidity determinations and certain regulatory restrictions. The Fund may invest in derivatives, such as futures (including interest rate futures) to manage interest rate exposure, swaps (including interest rate swaps and total return swaps) to manage credit and interest rate exposure, and options on swaps (commonly known as swaptions) to manage interest rate exposure.
The Funds use of derivatives may result in leverage (market exposure in excess of the Funds assets). The Fund may hold a significant amount of cash, money market instruments (which may include investments in one or more affiliated or unaffiliated money market funds or similar vehicles), other high-quality, short-term investments, or other liquid assets to meet its segregation obligations as a result of its investments in derivatives. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis. Such securities may include mortgage-backed securities acquired or sold in the to be announced (TBA) market and those in a dollar roll transaction. The Funds investment strategy may involve the frequent trading of portfolio securities.
C000169181 Holdings
Top 10 holdings of Columbia Quality Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Umbs, Tba | 8.57% |
| Government National Mortgage Association | 5.23% |
| Umbs, Tba | 3.45% |
| Umbs, Tba | 3.04% |
| Umbs, Tba | 2.86% |
| Umbs, Tba | 2.72% |
| Columbia Short Term Cash Fund | 2.37% |
| Fannie Mae | 2.30% |
| Federal National Mortgage Association | 1.86% |
| Umbs, Tba | 1.62% |
C000169181 Portfolio Allocation
Asset-class allocation of Columbia Quality Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 127.7% |
| Cash & Equivalents | 2.4% |
| Fixed Income | 1.1% |
| Real Estate | 0.1% |
C000169181 Performance
Total returns for C000169181 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -3.0% |
| 3 years (annualised) | -7.0% |
C000169181 Risk Information
Risk metrics for C000169181, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.1%
C000169181 Costs and Fees
C000169181 costs about $113 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.13%
- Gross expense ratio: 1.20%
- Portfolio turnover: 354%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000169181 Cashflows
Over the 12 months to 2026-05, Columbia Quality Income Fund had net outflows of $86.17M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | $20.89M |
| 2026-04 | −$7.76M |
| 2026-03 | $28.36M |
| 2026-02 | −$151.36K |
| 2026-01 | −$3.90M |
| 2025-12 | −$11.67M |
C000169181 Debt Constituents
Largest debt holdings of Columbia Quality Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Research-Driven Pagaya Motor Asset Trust Rpm_26-3 | 0.68% |
| Magnetite Clo Magne_16-17a | 0.41% |
C000169181 Prospectus and SEC Filings
Official Columbia Quality Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-09-24
- Prospectus (485BPOS) — filed 2025-09-24
- Prospectus (485BPOS) — filed 2024-09-24
- Portfolio holdings (N-PORT) — filed 2026-07-29
- Portfolio holdings (N-PORT) — filed 2026-04-27
- Portfolio holdings (N-PORT) — filed 2026-01-28
- Annual census (N-CEN) — filed 2026-08-10
- Annual census (N-CEN) — filed 2025-08-11
Related Funds
Other Long Securitized (MBS/ABS/CMBS) Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.