On Oct. 1, 2020, Columbia Threadneedle announced that Colin Lundgren, global head of fixed income, will retire in 2021. While Lundgren plans to remain with the firm through 2021, he will be succeeded by deputy global head of fixed income Gene Tannuzzo effective March 1, 2021. Lundgren and Tanuzzo have been running Columbia Strategic Income since June 2010. Lundgren has spent his entire career at Columbia and legacy firms. He has been a portfolio manager since 1995 and was named global head of fixed income in 2017. Tannuzzo has also spent his entire career at the firm, joining the municipal-bond team in 2003 and working on multisector taxable fixed-income portfolios with Lundgren since 2007. In November 2017, Jason Callan, who is head of the firm’s structured assets team and has been with the firm since 2007, was named comanager. Callan also runs Columbia Bond UMMGX and Columbia Total Return SRBFX with Tannuzzo.
Columbia Strategic Income C CLSCX
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.
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 CLSCX 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 CLSCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CLSCX 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 CLSCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Comanager of Columbia Strategic Income Will Retire at the End of 2021; Rating Unchanged
