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COSIX Columbia Strategic Income A

  • Fund
  • COSIX
  • Price as of: Aug 08, 2016
  • $5.94
  • + $0.01
  • + 0.17%
  • Category
  • Total Bond Market

COSIX - Profile

Vitals

  • YTD Return 4.9%
  • 3 Yr Annualized Return 3.9%
  • 5 Yr Annualized Return 4.4%
  • Net Assets $2.92 B
  • Holdings in Top 10 10.6%

52 WEEK LOW AND HIGH

$5.94
$5.44
$5.95

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.06%

SALES FEES

  • Front Load 4.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 169.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$1,000

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Nontraditional Bond

Distributions

  • YTD Total Return 4.9%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 3.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.94%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Columbia Strategic Income Fund
  • Fund Family Name Columbia
  • Inception Date Apr 21, 1977
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Colin J. Lundgren

Fund Description

Under normal circumstances, the fund has substantial exposure to fixed-income/debt markets. It may invest in U.S. government bonds and notes, U.S. and international bonds and notes, investment grade corporate (or similar) bonds and notes, mortgage- and other asset-backed securities, high yield (i.e., junk) instruments, floating rate loans and other floating rate debt securities, inflation-protected/linked securities, convertible securities, cash/cash equivalents, as well as foreign government, sovereign and quasi-sovereign debt investments.

COSIX - Performance

Return Ranking - Trailing

Period COSIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.9% -29.9% 209.8% 11.15% 1
1 Yr 3.7% -15.9% 20.3% 46.16% 3
3 Yr 3.9% * -6.4% 10.4% 28.55% 2
5 Yr 4.4% * -3.4% 9.0% 11.70% 1
10 Yr 5.9% * -1.1% 10.2% 10.68% 1

* Annualized


Return Ranking - Calendar

Period COSIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.7% -51.0% 6.6% 49.70% 4
2014 N/A -0.4% 2.9% N/A N/A
2013 N/A -4.9% -0.8% N/A N/A
2012 N/A 0.8% 13.9% N/A N/A
2011 N/A -1.7% 3.8% N/A N/A

Total Return Ranking - Trailing

Period COSIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.9% -8.1% 209.8% 11.33% 1
1 Yr -1.3% -19.0% 20.3% 85.86% 5
3 Yr 2.2% * -7.1% 10.4% 53.55% 3
5 Yr 3.4% * -4.3% 9.0% 34.89% 2
10 Yr 5.4% * -1.1% 10.2% 20.52% 2

* Annualized


Total Return Ranking - Calendar

Period COSIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.7% -51.0% 6.6% 49.75% 4
2014 N/A -0.3% 4.5% N/A N/A
2013 N/A -4.6% 0.6% N/A N/A
2012 N/A 1.4% 15.7% N/A N/A
2011 N/A -0.9% 5.5% N/A N/A

NAV & Total Return History

COSIX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

COSIX Category Low Category High COSIX % Rank Quintile
Net Assets 2.92 B 319 K 169 B 6.66% 2
Number of Holdings 917 1 17404 5.85% 2
Net Assets in Top 10 306 M -36 B 21.5 B 8.49% 2
Weighting of Top 10 10.6% 0.0% 1826.2% 27.47% 5

Top 10 Holdings

  1. Fed Natl Mort Assc 3.5% 3.01%
  2. US Treasury Bond 1.45%
  3. Ginnie Mae Jumbos TBA 3% 2046-07-01 1.16%
  4. Five Corners Fdg Tr 144A 4.419% 0.85%
  5. Gs Mtg Coml 2007-Gg10 CMO 0.80%
  6. Fannie Mae Single Family TBA 3% 2031-07-01 0.69%
  7. Colt Mtg Ln Tr 2016-1 CMO 0.63%
  8. Invitation Homes Tr 2015-Sfr3 FRN 0.63%
  9. At&T 4.35% 0.74%
  10. Csmc Tr 2014-Rpl1 CMO 0.60%

Asset Allocation

Weighting Category Low Category High COSIX % Rank Quintile
Bonds
86.99% -175.98% 181.87% 16.63% 4
Cash
6.76% -82.73% 275.92% 17.55% 3
Other
5.89% -15.97% 117.15% 2.24% 1
Stocks
0.36% -5.60% 98.06% 3.92% 1
Preferred Stocks
0.00% -0.07% 17.65% 7.78% 5
Convertible Bonds
0.00% 0.00% 18.40% 5.29% 5

Stock Sector Breakdown

Weighting Category Low Category High COSIX % Rank Quintile
Basic Materials
0.01% -0.43% 11.57% 4.32% 1
Consumer Cyclical
0.01% -0.90% 11.86% 5.12% 2
Financial Services
0.01% -0.33% 16.93% 8.08% 2
Industrials
0.00% -0.98% 13.17% 5.12% 5
Healthcare
0.00% -0.99% 15.02% 4.32% 5
Real Estate
0.00% -0.41% 16.08% 5.69% 5
Energy
0.00% -0.88% 10.95% 5.12% 5
Communication Services
0.00% -0.13% 8.73% 4.21% 5
Consumer Defense
0.00% -0.26% 12.32% 5.01% 5
Technology
0.00% -3.22% 16.08% 4.78% 5
Utilities
0.00% -0.10% 2.90% 5.23% 5

Stock Geographic Breakdown

Weighting Category Low Category High COSIX % Rank Quintile
US
0.36% -4.66% 90.98% 3.56% 1
Non US
0.00% -1.18% 97.59% 2.85% 5

Bond Sector Breakdown

Weighting Category Low Category High COSIX % Rank Quintile
Corporate
56.59% 0.00% 502.59% 3.26% 1
Securitized
26.67% 0.00% 275.57% 16.73% 3
Government
10.05% -990.83% 129.84% 20.45% 4
Cash & Equivalents
0.17% -63.55% 811.66% 27.67% 5
Municipal
0.15% 0.00% 106.20% 12.36% 4
Derivative
0.00% -895.14% 18.41% 2.14% 4

Bond Geographic Breakdown

Weighting Category Low Category High COSIX % Rank Quintile
US
66.11% -513.97% 163.91% 20.80% 4
Non US
20.88% -5.42% 399.20% 6.71% 2

COSIX - Expenses

Operational Fees

COSIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.06% 0.00% 42.51% 9.36% 3
Management Fee 0.58% 0.00% 2.15% 2.14% 5
12b-1 Fee 0.25% 0.00% 1.00% 1.91% 3
Administrative Fee 0.07% 0.00% 0.63% 2.96% 2

Sales Fees

COSIX Fees (% of AUM) Category Low Category High COSIX Rank Quintile
Front Load 4.75% 0.00% 5.75% 1.20% 5
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

COSIX Fees (% of AUM) Category Low Category High COSIX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

COSIX Fees (% of AUM) Category Low Category High COSIX Rank Quintile
Turnover 169.00% 0.00% 1944.00% 6.92% 4

COSIX - Distributions

Dividend Yield Analysis

COSIX Category Low Category High COSIX % Rank Quintile
Dividend Yield 0.2% 0.00% 1.30% 19.21% 3

Dividend Distribution Analysis

COSIX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

COSIX Category Low Category High COSIX % Rank Quintile
Net Income Ratio 3.94% -1.76% 17.13% 4.07% 1

Capital Gain Distribution Analysis

COSIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

COSIX - Managers

Colin J. Lundgren

Lead Manager

Start Date

May 26, 2010

Tenure

6.19

Tenure Rank

4.6%

Colin Lundgren is Senior Vice President and Head of Fixed Income at Columbia Management. Mr. Lundgren is responsible for investment oversight of managed and owned fixed income portfolios, leading a team of experienced sector team leaders. Prior to his current role, he was a sector leader for institutional fixed income and asset allocation products. In addition, he held positions of responsibility for the development and operation of enhanced equity index products, fixed income quantitative analysis, mortgage analysis and management of the investment statistical analysis group.


Brian J. Lavin

Manager

Start Date

May 26, 2010

Tenure

6.19

Tenure Rank

4.6%

Brian Lavin is a senior portfolio manager for High Yield Fixed Income at Columbia Management Investment Advisers, LLC. He joined the firm in April 1994 as a credit analyst covering high yield bonds, was promoted to associate portfolio manager in 1999 and to portfolio manager in 2000. He has been in the investment industry since 1986. Before joining the firm, Mr. Lavin was a high yield analyst at Van Kampen Merrit. He has experience in both non-investment grade and investment grade issuers and has covered a variety of industries. Mr. Lavin received a B.A. in business administration from the University of St. Thomas and an M.B.A. from the University of Wisconsin – Milwaukee. Mr. Lavin also holds the Chartered Financial Analyst designation.


Gene R. Tannuzzo

Manager

Start Date

May 26, 2010

Tenure

6.19

Tenure Rank

4.6%

Gene Tannuzzo is Vice President and Sector Manager for Strategic Income and multi-sector fixed income at Columbia Management Investment Advisers, LLC. He began his investment career at the firm in 2003 as a Financial Analyst and moved into his current position in February 2007. In this role, he is responsible for the day-to-day management of the strategic income and income builder strategies, and certain institutional accounts, as well as contributing to fixed-income strategy meetings.


Tenure Analysis

Category Low

0.0

Category High

27.6

Category Average

5.91

Category Mode

1.6