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CTIVX Columbia Strategic Income Inst2

  • Fund
  • CTIVX
  • Price as of: Dec 15, 2017
  • $5.92
  • - $0.00
  • - 0.00%
  • Category
  • Total Bond Market

CTIVX - Profile

Vitals

  • YTD Return 1.7%
  • 3 Yr Annualized Return 4.6%
  • 5 Yr Annualized Return 4.0%
  • Net Assets $3.94 B
  • Holdings in Top 10 8.9%

52 WEEK LOW AND HIGH

$5.92
$5.79
$6.04

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.66%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 110.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$100,000

IRA

N/A

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return 4.6%
  • 5 Yr Annualized Total Return 4.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.41%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Columbia Strategic Income Fund
  • Fund Family Name Columbia
  • Inception Date Mar 07, 2011
  • Shares Outstanding N/A
  • Share Class Retirement
  • 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.

CTIVX - Performance

Return Ranking - Trailing

Period CTIVX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.7% -19.6% 24.5% 26.27% 2
1 Yr 6.7% -15.5% 26.5% 11.17% 1
3 Yr 4.6% * -6.1% 10.2% 3.72% 1
5 Yr 4.0% * -2.5% 14.8% 5.60% 1
10 Yr 5.8% * -1.4% 9.2% 5.38% 1

* Annualized


Return Ranking - Calendar

Period CTIVX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 4.5% -10.9% 192.8% 4.41% 1
2015 -4.0% -33.0% 4.2% 47.85% 4
2014 -2.0% -9.3% 14.9% 57.69% 5
2013 -6.6% -24.1% 40.4% 62.41% 5
2012 6.4% -100.0% 18.7% 6.25% 1

Total Return Ranking - Trailing

Period CTIVX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.7% -19.6% 24.5% 26.20% 2
1 Yr 6.7% -15.5% 26.5% 8.56% 1
3 Yr 4.6% * -7.0% 10.2% 3.45% 1
5 Yr 4.0% * -3.4% 14.8% 5.04% 1
10 Yr 5.8% * -1.4% 9.2% 5.07% 1

* Annualized


Total Return Ranking - Calendar

Period CTIVX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 7.6% -9.5% 195.3% 2.61% 1
2015 0.5% -32.5% 7.4% 7.93% 1
2014 4.7% -8.3% 16.8% 16.54% 1
2013 0.5% -12.9% 58.5% 13.60% 1
2012 15.8% -100.0% 35.2% 2.23% 1

NAV & Total Return History

CTIVX - Holdings

Filings data as of: Sep 30, 2017

Concentration Analysis

CTIVX Category Low Category High CTIVX % Rank Quintile
Net Assets 3.94 B 319 K 192 B 6.31% 2
Number of Holdings 1014 1 17413 5.65% 1
Net Assets in Top 10 342 M -36 B 31.8 B 9.10% 2
Weighting of Top 10 8.9% 0.0% 1191.5% 30.67% 5

Top 10 Holdings

  1. US Treasury Bond 1.36%
  2. Cim Tr 2017-6 CMO 0.97%
  3. US Treasury Note 0.93%
  4. Madison Pk Fdg Xi Ltd / Madison 144A FRN 0.89%
  5. Pnmac Gmsr Issuer Tr 144A FRN 0.85%
  6. Govt Natl Mtg Asso 3% 0.85%
  7. Pnmac Gmsr Issuer Tr 144A 0.82%
  8. Prpm Llc 2017-2 FRN 0.81%
  9. Dte Engy 2.85% 0.68%
  10. Hilton Usa Tr 2016-Hhv CMO 0.78%

Asset Allocation

Weighting Category Low Category High CTIVX % Rank Quintile
Bonds
89.86% -175.98% 562.01% 18.21% 4
Cash
7.44% -461.99% 275.92% 10.94% 2
Other
2.22% -21.56% 99.99% 6.46% 2
Stocks
0.45% -2.81% 98.31% 3.87% 1
Convertible Bonds
0.03% 0.00% 13.10% 6.36% 2
Preferred Stocks
0.00% 0.00% 20.69% 10.43% 5

Stock Sector Breakdown

Weighting Category Low Category High CTIVX % Rank Quintile
Financial Services
0.01% -0.15% 21.06% 6.91% 2
Consumer Cyclical
0.01% -0.36% 12.13% 5.03% 2
Basic Materials
0.01% -0.43% 15.63% 3.75% 1
Utilities
0.00% -0.09% 7.73% 4.84% 5
Technology
0.00% -1.56% 21.00% 4.64% 5
Real Estate
0.00% -0.72% 17.38% 4.44% 5
Industrials
0.00% -0.30% 11.58% 5.23% 5
Healthcare
0.00% -0.69% 11.13% 4.24% 5
Energy
0.00% -0.88% 9.62% 5.33% 5
Communication Services
0.00% -0.44% 6.14% 4.15% 5
Consumer Defense
0.00% -0.24% 10.78% 4.24% 5

Stock Geographic Breakdown

Weighting Category Low Category High CTIVX % Rank Quintile
US
0.45% -15.26% 90.53% 3.36% 1
Non US
0.00% -0.82% 96.61% 3.10% 5

Bond Sector Breakdown

Weighting Category Low Category High CTIVX % Rank Quintile
Corporate
49.01% 0.00% 221.70% 9.16% 2
Securitized
28.75% 0.00% 118.59% 15.36% 3
Government
12.11% -389.49% 503.27% 21.06% 4
Cash & Equivalents
7.44% -462.00% 275.92% 10.58% 2
Municipal
0.03% 0.00% 99.16% 12.41% 3
Derivative
0.00% -64.42% 84.44% 3.05% 4

Bond Geographic Breakdown

Weighting Category Low Category High CTIVX % Rank Quintile
US
70.98% -370.09% 500.82% 21.31% 4
Non US
18.88% -129.54% 351.70% 8.04% 2

CTIVX - Expenses

Operational Fees

CTIVX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.66% 0.00% 32.76% 10.95% 2
Management Fee 0.58% 0.00% 2.15% 1.98% 5
12b-1 Fee 0.00% 0.00% 1.00% 2.86% 1
Administrative Fee 0.07% 0.00% 0.63% 3.04% 2

Sales Fees

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

Trading Fees

CTIVX Fees (% of AUM) Category Low Category High CTIVX 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.

CTIVX Fees (% of AUM) Category Low Category High CTIVX Rank Quintile
Turnover 110.00% 0.00% 1541.00% 9.77% 3

CTIVX - Distributions

Dividend Yield Analysis

CTIVX Category Low Category High CTIVX % Rank Quintile
Dividend Yield 0.2% 0.00% 1.00% 17.52% 3

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

CTIVX Category Low Category High CTIVX % Rank Quintile
Net Income Ratio 4.41% -1.56% 9.28% 2.55% 1

Capital Gain Distribution Analysis

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

CTIVX - Managers

Colin J. Lundgren

Lead Manager

Start Date

May 26, 2010

Tenure

7.52

Tenure Rank

4.4%

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. Mr. Lundgren began his investment career in 1989 and earned a B.A. from Lake Forest College.


Gene R. Tannuzzo

Manager

Start Date

May 26, 2010

Tenure

7.52

Tenure Rank

4.4%

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. Mr. Tannuzzo earned a B.S.B. and an M.B.A. from the University of Minnesota, Carlson School of Management.


Jason J. Callan

Manager

Start Date

Nov 13, 2017

Tenure

0.05

Tenure Rank

9.8%

Mr. Callan is a senior portfolio manager and head of structured assets. He joined Columbia Mgmt Investment Advisers, LLC in 2007. Mr. Callan was previously employed first as an Analyst and then as a Trader for GMAC. Mr. Callan began his investment career in 2004 and earned a B.S. in Economics from the University of Minnesota and an M.B.A. from the University of Minnesota.


Tenure Analysis

Category Low

0.0

Category High

28.9

Category Average

6.33

Category Mode

0.7