Columbia Convertible Securities’ skilled and compact team has leveraged the firm’s resources to generate solid and consistent returns over the long term. The strategy’s cheapest shares earn a Morningstar Analyst Rating of Silver while more expensive share classes warrant Bronze and Neutral ratings.
Columbia Convertible Securities Inst NCIAX
NAV / 1-Day Return
32.32
/
1.25
%
Total Assets
2.7 Bil
Adj. Expense Ratio
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.
0.880%
Expense Ratio
0.880%
Fee Level
Average
Longest Manager Tenure
14.96
years
Category
Convertibles
Investment Style
Large ValueMin. Initial Investment
2,000
Status
Open
TTM Yield
1.48%
Turnover
74%
Premium
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 NCIAX 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 NCIAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the NCIAX 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 NCIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
One of the better convertible strategies.
