Columbia Bond is a niche mortgage-focused core fund. Its experienced team executes a fundamentally driven process paired with robust portfolio risk management. The strategy earns Morningstar Analyst Ratings of Neutral for its cheapest share classes, while its more expensive share class earns a Negative rating.
Columbia Bond Inst3 CBFYX
NAV / 1-Day Return
34.50
/
0.23
%
Total Assets
1.2 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.400%
Expense Ratio
0.400%
Fee Level
Below Average
Longest Manager Tenure
6.02
years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
1,000,000
Status
Open
TTM Yield
1.88%
Effective Duration
5.77
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will CBFYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CBFYX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CBFYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of CBFYX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A niche mortgage-focused core bond fund.
