3 / 5 Stars
4 4 2 2 4
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 18 Convertibles Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 25.38 percent over the past year, 10.30 percent over the past three years, 17.52 percent over the past five years, and 6.79 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||5.7%|
|3 Years (Annualized)||10.3%|
|5 Years (Annualized)||17.5%|
|10 Years (Annualized)||6.8%|
The investment seeks total return, consisting of capital appreciation and current income. Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in convertible securities. It may invest up to 15% of its total assets in Eurodollar convertible securities and up to an additional 20% of its total assets in foreign securities. Most convertible securities are not investment grade-rated. The fund also may invest in directly in equity securities.
Fees are Low compared to funds in the same category.
Columbia Convertible Securities Fund has an expense ratio of 1.15 percent.
Risk is Average compared to funds in the same category according to Morningstar.