Fund Evaluator:
Columbia Select Short Corp Inc C (RDCLX)
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Fund Details
Columbia Select Short Corp Inc C Overview
Columbia Select Short Corp Inc C (RDCLX) is an actively managed Taxable Bond Short-Term Bond fund. Columbia Threadneedle launched the fund in 2003.
The investment seeks to provide shareholders with a level of current income consistent with preservation of capital. Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in corporate bonds. It primarily invests in debt securities with short- and intermediate-term maturities generally similar to those included in the fund's benchmark index, the Bloomberg U.S. 1-5 Year Corporate Index (the index).
About Columbia Select Short Corp Inc C (RDCLX)
There are 3 members of the management team with an average tenure of 14.62 years: Royce Wilson (2012), John Dawson (2020), Thomas Murphy (2003). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Bloomberg USD Corp Bd 1-5 Yr TR USD index with a weighting of 100%. Columbia Select Short Corp Inc C has 103 securities in its portfolio. The top 10 holdings constitute 31.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Columbia Select Short Corp Inc C is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Columbia Select Short Corp Inc C has 14.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 90.9% (76.1% domestic bond, 14.8% foreign bond and 0.0% convertible bond). Columbia Select Short Corp Inc C has 9.1% of the portfolio in cash.
Assets Under Management
The fund has $4 million in total assets, which is below the $904 million average for the Short-Term Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
RDCLX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Columbia Select Short Corp Inc C expense ratio is high compared to funds in the Short-Term Bond category. Columbia Select Short Corp Inc C has an expense ratio of 1.43%, which is 116% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Columbia Select Short Corp Inc C has a portfolio turnover rate of 107%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 135% for the Short-Term Bond category.
Recently, in the month of July 2026, Columbia Select Short Corp Inc C returned -0.3%, which earned it a grade of F, as the Short-Term Bond category had an average return of -0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Columbia Select Short Corp Inc C has a trailing yield of 3.13%, which is below the 4.16% category average. The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Columbia Select Short Corp Inc C Grades
Year to date, the fund has returned -0.0%, 0.9 percentage points worse than the category, which translates into a grade of F. The fund has returned 2.1% over the past year (grade of F), 4.1% over the past three years (grade of F) and 1.1% per year over the past five years (grade of F) and 1.7% per year over the past 10 years (grade of F).
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RDCLX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| RDCLX Return (NAV) | -0.3% | -0.1% | 2.1% | 4.1% | 1.1% | 1.7% |
| RDCLX Grade | F | F | F | F | F | F |
| +/- Category | -0.3% | -0.4% | -1.3% | -0.9% | -1.1% | -0.6% |
| Short-Term Bond Avg | -0.0% | 0.3% | 3.4% | 5.0% | 2.2% | 2.3% |
| RDCLX Tax Cost Ratio | na | na | 1.3% | 1.2% | 0.9% | 0.7% |
RDCLX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| RDCLX Return (NAV) | -0.0% | 5.2% | 3.8% | 5.7% | -7.0% | -1.6% | 4.6% | 6.5% | -0.9% | 1.0% | 5.4% |
| RDCLX Grade | F | F | F | C | F | F | B | A | F | F | A |
| +/- Category | -0.9% | -0.6% | -1.1% | 0.1% | -2.0% | -1.6% | 0.4% | 1.8% | -1.6% | -0.9% | 2.9% |
| Short-Term Bond Avg | 0.9% | 5.9% | 4.9% | 5.6% | -5.0% | -0.0% | 4.2% | 4.8% | 0.7% | 1.9% | 2.5% |
| Risk Measures | |
| Standard Deviation: | 2.4% |
| Total Risk Index: | 0.19 - Low |
| Category Risk Index: | 1.20 - Above Average |
| Category Risk Grade: | D (80% Rank) |
| Beta: | 0.40 |
| R-Squared: | 92% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 3.1% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $454 Mil |
| Fund Total Assets: | $ 5 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 107% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 23.1 years | |||
| Average Tenure: 14.6 years | |||
| Managers (Year): Murphy Thomas (2003), Wilson Royce (2012), Dawson John (2020) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 103 |
| % in Top 10 Holdings: | 31.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 14.8% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 76.1% |
| Foreign Bond: | 14.8% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 9.1% |
Purchase Information
| Fund Family: | Columbia Threadneedle |
| Phone Number: | 800-345-6611 |
| Website: | www.columbiamanagement.com |
| Status: | Open |
| Inception Date: | June 19, 2003 |
| Min. Initial Purchase: | $2,000 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 1.43% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.66% |
| Share Class: | Columbia Select Short Corp Inc A |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
