On March 9, 2021, Columbia Threadneedle announced that Columbia Dividend Income comanager Peter Santoro had departed the firm to pursue another professional opportunity. Longtime manager Scott Davis and comanager Mike Barclay remain, however, so the strategy maintains its Morningstar Analyst Ratings of Silver or Bronze, depending on fees.
Will LBSAX 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 LBSAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the LBSAX 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 LBSAX’s parent organization’s priorities and whether they’re in line with investors’ interests.