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Columbia Limited Duration Credit Inst CLDZX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
10.45  /  0.10 %
Total Assets
1.1 Bil
Adj. Expense Ratio
0.520%
Expense Ratio
0.520%
Fee Level
Above Average
Longest Manager Tenure
18.12 years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / Limited
Min. Initial Investment
2,000
Status
Open
TTM Yield
1.19%
Effective Duration
2.88 years

USD | NAV as of Aug 02, 2021 | 1-Day Return as of Aug 02, 2021, 9:42 PM GMT+00:00

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Morningstar’s Analysis

Will CLDZX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CLDZX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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The People Pillar is our evaluation of the CLDZX 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

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The Parent Pillar is our rating of CLDZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A volatile, pure-corporate approach to the short-term bond category.

Senior Analyst

Summary

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Columbia Limited Duration Credit’s heavier-than-its-peers credit profile has led to a bumpy record and middling volatility-adjusted performances. It supports a Morningstar Analyst Rating of Neutral across most share classes, though its expensive C share class earns a Negative rating.

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