Changes in Columbia Total Return Bond’s management team at the end of 2017 have led the strategy to abandon its corporate credit bias for an arguably more balanced multisector style. Since then, the duo at the helm, supported by a deep global research team, has demonstrated strength and discipline, though the investment process tends to result in a riskier portfolio than peers’. The strategy’s cheapest share classes earn an upgrade of their Morningstar Analyst Rating to Bronze while more expensive shares remain at Neutral.
Columbia Total Return Bond R CIBRX
NAV / 1-Day Return
37.95
/
0.01
%
Total Assets
2.9 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.
1.000%
Expense Ratio
1.000%
Fee Level
Average
Longest Manager Tenure
5.43
years
Category
Intermediate Core-Plus Bond
Credit Quality / Interest Rate Sensitivity
Low / ModerateMin. Initial Investment
0
Status
Open
TTM Yield
2.66%
Effective Duration
5.44
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 CIBRX 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 CIBRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CIBRX 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 CIBRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Growing into its potential.
