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Morningstar

Columbia Total Return Bond C LIBCX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 28.85  /  0.62 %
  • Total Assets 2.9 Bil
  • Adj. Expense Ratio
    1.490%
  • Expense Ratio 1.490%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.13%
  • Effective Duration 7.06 years

USD | NAV as of Sep 25, 2023 | 1-Day Return as of Sep 25, 2023, 10:12 PM GMT+0

Morningstar’s Analysis LIBCX

Will LIBCX 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 LIBCX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the LIBCX 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 LIBCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This mortgage-focused fund got pummeled in 2022.

Senior Analyst Peter Marchese

Peter Marchese

Senior Analyst

Summary

Columbia Total Return Bond benefits from a veteran team of managers that implements a sensible relative value process with a focus on various types of mortgage-backed securities. The strategy earns a Morningstar Analyst Rating of Bronze on its cheapest share classes, while its more expensive share classes earn Neutral ratings.

by Peter Marchese
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings LIBCX

More LIBCX Holdings
  • Current Portfolio Date
  • Equity Holdings 2
  • Bond Holdings 932
  • Other Holdings 20
  • % Assets in Top 10 Holdings 16.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Columbia Short-Term Cash

6.27
215,769,511
Cash and Equivalents

Cash Offset

5.64
193,953,446
—

Federal National Mortgage Association 5%

3.65
125,420,000
Securitized

Government National Mortgage Association 4%

2.64
90,836,250
Securitized

Government National Mortgage Association 5%

2.14
73,699,219
Securitized

Federal National Mortgage Association 4%

1.69
58,180,703
Securitized

Government National Mortgage Association 4.5%

1.40
48,257,812
Securitized

Fnma Pass-Thru I 3.5%

1.39
47,861,075
Securitized

Federal Home Loan Mortgage Corporation 3.5%

1.17
40,157,045
Securitized

Pnmac Gsmr Issuer Trust 7.80043%

1.11
38,023,089
Securitized