Changes in Columbia Total Return Bond’s management team at the end of 2017 have led the strategy to abandon its corporate credit bias for an arguably more balanced multisector style. Since then, the duo at the helm, supported by a deep global research team, has demonstrated strength and discipline, though the investment process tends to result in a riskier portfolio than peers’. The strategy’s cheapest share classes earn an upgrade of their Morningstar Analyst Rating to Bronze while more expensive shares remain at Neutral.
Will SRBFX 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 SRBFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SRBFX 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 SRBFX’s parent organization’s priorities and whether they’re in line with investors’ interests.