Columbia Bond is a niche mortgage-focused core fund. Its experienced team executes a fundamentally driven process paired with robust portfolio risk management. The strategy earns Morningstar Analyst Ratings of Neutral for its cheapest share classes, while its more expensive share class earns a Negative rating.
Morningstar’s Fund Analysis CNDAX
Will CNDAX 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 CNDAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CNDAX 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 CNDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.