Not much has changed after the retirement of Columbia Large Cap Enhanced Core’s lead manager, but we are no longer confident in the ability of the fund’s strategy to outperform its benchmark over time. All share classes earn a Morningstar Analyst Rating of Neutral.
Will NMIMX 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 NMIMX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the NMIMX 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 NMIMX’s parent organization’s priorities and whether they’re in line with investors’ interests.