BOSTON–(COMMERCIAL THREAD) – Columbia Threadneedle Investments today announced that the Columbia Flexible Capital Income Fund has celebrated its 10th anniversary. Since its inception ten years ago, the fund has experienced exceptional long-term performance, as evidenced by its consistent ranking in the top decile among its peers, according to Morningstar, for years at 1 year, 3 years, 5 years and 10 years. periods ending July 31, 2021. In addition, the Columbia Flexible Capital Income Fund (Institutional share class, CFIZX) is the best performing fund in the Allocation category – 30% to 50% equities for the period of 10 years, ending July 31, 2021. Overall rated 5 stars by Morningstar, the Columbia Flexible Capital Income Fund is designed to provide shareholders with significant current income and long-term capital appreciation.
Unlike traditional balanced funds, the Columbia Flexible Capital Income Fund takes a holistic view in pursuing its investment objectives. Using a bottom-up, research-driven approach to security selection, the team identifies income-producing securities from all asset classes, and without sector or security constraints, to help pursue a risk / reward profile. solid.
David L. King, Head of Income and Growth Strategies at Columbia Threadneedle, was instrumental in the design of the Columbia Flexible Capital Income Fund. King and co-portfolio manager Yan Jin have managed the fund since its inception. Grace Lee joined the team as co-manager in 2020. The fund invests in a wide range of securities including dividend paying stocks, bonds, convertibles, MLPs, REITs and bank loans.
“During my four decades as an investor, I have seen an increasing specialization of asset classes and an emphasis on top-down macro investing, which may cause some investors to overlook specific opportunities in the market. titles, ”King said. “When we find a company we like, we have the opportunity to invest in the security that we believe has the best risk / reward profile, regardless of the asset class.
“There is a misconception that different analytical skills are needed to assess various types of securities. I do not agree. My team and I are focused on a company’s cash flow and balance sheet, regardless of the type of security, ”continued King.
To complement its bottom-up approach, the portfolio management team draws on the company’s comprehensive fundamental and quantitative research capabilities, including 160 analysts and research associates with in-depth industry knowledge and providing comprehensive industry coverage.
Notes and rankings
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Category: Allocation – 30% to 50% Equity as of July 31, 2021
Ratings and rankings shown for Institutional Equity Class. Other classes may have different performance characteristics and may have different ratings.
About Columbia Threadneedle Investments
Columbia Threadneedle Investments is a leading global asset manager providing a broad range of investment strategies and solutions to individuals, institutions and businesses around the world. With more than 2,000 people, including more than 450 investment professionals based in North America, Europe and Asia, we manage $ 593 billion1 assets among developed and emerging market equities, fixed income securities, asset allocation solutions and alternatives.
Columbia Threadneedle Investments (Columbia Threadneedle) is the global brand of the Columbia and Threadneedle group of companies.
As of June 30, 2021. Includes all assets managed by the Columbia and Threadneedle group of companies entities.
Investors should carefully consider the investment objectives, risks, fees and expenses of a mutual fund before investing. For a free prospectus or a simplified prospectus, which contains this and other important information about the funds, visit www.columbiathreadneedleus.com/investor/. Read the prospectus carefully before investing.
Investment risks – Market the risk can affect a single issuer, a single sector of the economy, an industry or the market as a whole. There are risks associated with fixed income investments, including credit risk, interest rate risk and prepayment and extension risk. In general, bond prices rise when interest rates fall and vice versa. This effect is generally more pronounced for longer-term securities. Non-investment grade Securities (high yielding or undesirable) exhibit greater price volatility and risk to capital and income than higher rated securities. Convertible the securities are subject to the risk of default of the issuer. An increase of interest rate may cause the price of fixed income instruments held by the fund to fall, which will have a negative impact on its performance and net asset value. Falling rates may cause the fund to invest in low yielding debt securities, thereby reducing the income and performance of the fund. These risks may be increased for securities with a longer maturity and duration. The fund may also be forced to convert a convertible security at an inconvenient time, which may decrease the fund’s returns. Value securities may not be profitable if the market does not recognize their intrinsic value or if the portfolio manager has misjudged that value. Foreigner investments subject the fund to risks, including political, economic, market, social and other risks in a given country, as well as currency instabilities and less stringent financial and accounting standards generally applicable to US issuers. Risks are increased for emerging market transmitters.
Morningstar percentile rankings are based on the average annual total returns of funds in the category for the periods shown. They do not include sales charges or redemption charges but include operating costs and the reinvestment of dividends and distributions of capital gains. The rankings of the share classes vary due to different expenses. If sales charges or redemption fees were included, the total returns would be lower.
For each fund with at least three years of history, Morningstar calculates a Morningstar Rating ™ used to rank the fund relative to other funds in the same category. It is calculated on the basis of a Morningstar risk-adjusted return measure that takes into account the variation in the monthly excess performance of a fund, without any adjustment for charges (entry, deferred or redemption fees). , with more emphasis on downward variations and rewarding consistent performance. Exchange-traded funds and open-ended mutual funds are considered a single population for comparison purposes. The top 10% of funds in each category receive 5 stars, the next 22.5% 4 stars, the next 35% 3 stars, the next 22.5% 2 stars, and the bottom 10% 1 star. (Each share class is counted as a fraction of a fund within this scale and rated separately, which may cause slight variations in the payout percentages.) A fund’s overall Morningstar Rating is derived from a weighted average of the performance numbers associated with its three, five and ten year Morningstar rating measures (if applicable).
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Columbia funds are distributed by Columbia Management Investment Distributors, Inc., a member of FINRA, and managed by Columbia Management Investment Advisers, LLC.