Smoothly implemented leadership changes are encouraging at Columbia Income Builder, but an uninspired underlying fund lineup and potentially volatile profile give pause, resulting in a Morningstar Analyst Rating of Neutral for its cheaper share classes and Negative for its priciest one.
Columbia Income Builder R CBURX
NAV / 1-Day Return
11.35
/
0.71
%
Total Assets
1.5 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.
1.210%
Expense Ratio
1.210%
Fee Level
Above Average
Longest Manager Tenure
12.17
years
Category
Allocation--15% to 30% Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / LimitedStatus
Open
TTM Yield
2.78%
Turnover
10%
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 CBURX 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 CBURX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CBURX 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 CBURX’s parent organization’s priorities and whether they’re in line with investors’ interests.
There is a lot going on here.
