Columbia Large Cap Index offers well-diversified exposure to large-cap stocks by tracking the market-cap-weighted S&P 500, which has proved tough to beat. Under our new ratings framework, which places a greater focus on fees and benchmark-relative performance, the Morningstar Analyst Rating for the fund’s institutional share class is upgraded to Silver from Bronze. Cheaper share classes are rated Silver, while the more expensive are rated Bronze.
Columbia Large Cap Index A NEIAX
NAV / 1-Day Return
57.38
/
2.43
%
Total Assets
3.8 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
6.23
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
2,000
Status
Open
TTM Yield
1.33%
Turnover
7%
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.
Columbia Large Cap Index offers well-diversified exposure to large-cap stocks.
