Columbia High Yield Bond benefits from a robust process and a promising team, but recent performance suggests that the current duo at its helm could use more time to demonstrate its edge over peers. That supports a Morningstar Analyst Rating of Neutral across most share classes, though its expensive C share class is rated Negative.
Will CHYZX 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 CHYZX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CHYZX 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 CHYZX’s parent organization’s priorities and whether they’re in line with investors’ interests.