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.
Will CBUZX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CBUZX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CBUZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of CBUZX’s parent organization’s priorities and whether they’re in line with investors’ interests.