Columbia Large Cap Index fund provides well-diversified, low-turnover, and low-cost exposure to the U.S. large-cap space. The Institutional share classes earn Morningstar Analyst Ratings of Silver, while the A share class receives a Bronze rating owing to its higher fee.
Columbia Large Cap Index A NEIAX
NAV / 1-Day Return
56.58
/
1.89
%
Total Assets
3.5 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.
0.450%
Expense Ratio
0.450%
Fee Level
Low
Longest Manager Tenure
7.14
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
2,000
Status
Open
TTM Yield
0.88%
Turnover
11%
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 NEIAX 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 NEIAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the NEIAX 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 NEIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A well-constructed large-cap fund, but there are better options for fees and tax efficiency.
