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Morningstar

Columbia Corporate Income Inst SRINX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 8.82  /  0.24 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    —
  • Expense Ratio 0.620%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.55%
  • Effective Duration 6.22 years

USD | NAV as of May 26, 2023 | 1-Day Return as of May 26, 2023, 10:22 PM GMT+0

Morningstar’s Analysis SRINX

Will SRINX 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 SRINX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the SRINX 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 SRINX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Concentration concerns.

Senior Analyst Peter Marchese

Peter Marchese

Senior Analyst

Summary

Columbia Corporate Income benefits from an experienced team and a well-structured process, but its substantial industry concentrations have led to a bumpy record. It earns a Morningstar Analyst Rating of Neutral across most share classes, though its expensive C share class is rated Negative.

by Peter Marchese
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings SRINX

More SRINX Holdings
  • Current Portfolio Date Mar 31, 2023
  • Equity Holdings 1
  • Bond Holdings 585
  • Other Holdings 11
  • % Assets in Top 10 Holdings 16.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Columbia Short-Term Cash

4.07
65,069,119
Cash and Equivalents

UnitedHealth Group Inc. 5.3%

1.91
30,537,153
Corporate

Verizon Communications Inc. 2.55%

1.90
30,352,374
Corporate

Bank of America Corporation 1.922%

1.75
27,991,353
Corporate

Amgen Inc. 5.75%

1.73
27,574,345
Corporate

WarnerMedia Holdings Inc. 5.391%

1.68
26,897,235
Corporate

NiSource Inc. 1.7%

1.67
26,677,535
Corporate

JPMorgan Chase & Co. 2.58%

1.61
25,659,367
Corporate

BAE Systems PLC 1.9%

1.53
24,406,060
Corporate

Carrier Global Corporation 2.722%

1.52
24,285,814
Corporate