Head of US high yield and longtime manager Brian Lavin will retire in March 2025, according to the firm. Lavin joined one of the Columbia Threadneedle legacy teams in 1994 and has managed Columbia High Yield Bond since 2010. Kris Keller, portfolio manager on high-yield institutional mandates, will step in as head of US high yield and oversee the team and resources behind this strategy.
Columbia High Yield Bond A INEAX
- NAV / 1-Day Return 10.92 / +0.11 %
- Total Assets 1.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.980%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,000
- Status Open
- TTM Yield 5.58%
- Effective Duration 3.18 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis INEAX
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Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Columbia Short-Term Cash | 3.81 | 51.7 Mil | Cash and Equivalents |
HudBay Minerals Inc 6.125% | 0.98 | 13.3 Mil | Corporate |
HUB International Ltd. 7.25% | 0.93 | 12.7 Mil | Corporate |
Uber Technologies Inc 4.5% | 0.88 | 12.0 Mil | Corporate |
Clearway Energy Operating LLC 3.75% | 0.78 | 10.6 Mil | Corporate |
AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.5% | 0.78 | 10.6 Mil | Corporate |
Constellium SE 3.75% | 0.75 | 10.2 Mil | Corporate |
Iliad Holding S.A.S. 6.5% | 0.74 | 10.0 Mil | Corporate |
NRG Energy, Inc. 5.25% | 0.74 | 10.0 Mil | Corporate |
H&E Equipment Services, Inc. 3.875% | 0.73 | 9.9 Mil | Corporate |