3 / 5 Stars
3 3 2 3 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#13 in Multisector Bond
U.S. News evaluated 80 Multisector Bond 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 7.75 percent over the past year, 6.15 percent over the past three years, 8.56 percent over the past five years, and 6.72 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.3%|
|3 Years (Annualized)||6.2%|
|5 Years (Annualized)||8.6%|
|10 Years (Annualized)||6.7%|
The investment seeks total return, consisting of current income and capital appreciation. The fund invests primarily in debt securities in the following three segments of the debt securities market: (i) securities issued by the U.S. government and its agencies, including mortgage- and other asset-backed securities; (ii) securities issued by foreign governments, companies or other entities, including in emerging market countries and non-dollar denominated securities; and (iii) below investment grade corporate debt securities or unrated corporate debt securities determined to be of comparable quality, which are commonly referred to as "junk bonds."
Fees are Low compared to funds in the same category.
Columbia Strategic Income Fund has an expense ratio of 1.03 percent.
Risk is Average compared to funds in the same category according to Morningstar.