Columbia Threadneedle has announced that Brian Condon, comanager of the $3.4 billion Columbia Disciplined Core AQEAX and several related funds, will retire as of May 31, 2020. Condon has been with Columbia and its predecessor companies since 1999, and in 2009 he founded the firm's Systematic Strategies Group, which uses quantitative models in an effort to modestly outperform a benchmark while staying close to the benchmark's sector weightings and other factors. He has comanaged Columbia Large Cap Enhanced Core CECYX and its separate account version since 2009, and Columbia Disciplined Core, Columbia Disciplined Growth RDLAX, and Columbia Disciplined Value RLCAX since 2010.
Columbia Disciplined Core Inst CCRZX
NAV / 1-Day Return
13.82
/
1.10
%
Total Assets
4.5 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.
0.730%
Expense Ratio
0.730%
Fee Level
Average
Longest Manager Tenure
6.55
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
2,000
Status
Open
TTM Yield
1.19%
Turnover
65%
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 CCRZX 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 CCRZX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CCRZX 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 CCRZX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Manager Brian Condon Retiring From Columbia Disciplined Core; Analyst Rating Unaffected
