On March 1, 2021, Columbia Threadneedle named Alexandre Christensen as a comanager on Columbia Income Builder. He joins Gene Tannuzzo, who has managed the fund since 2010 with the firm’s previous head of fixed income, Colin Lundgren. Lundgren had announced in October 2020 that he would retire in March 2021 and that Tannuzzo would then become CIO. Christensen’s appointment is therefore sensible as he will assist with Tannuzzo’s increased workload. He started his investment career in 2014 and has worked with Columbia since 2015.
Columbia Income Builder A RBBAX
NAV / 1-Day Return
13.46
/
0.30
%
Total Assets
1.6 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.
0.980%
Expense Ratio
0.980%
Fee Level
Average
Longest Manager Tenure
11.02
years
Category
Allocation--15% to 30% Equity
Investment Style
Mid ValueCredit Quality / Interest Rate Sensitivity
Low / ModerateStatus
Open
TTM Yield
3.17%
Turnover
22%
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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.
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A New Manager at Columbia Income Builder Doesn’t Change Its Ratings
