CMNRX: Columbia Strategic Income Adv

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CMNRX Columbia Strategic Income Adv


Profile

CMNRX - Profile

Vitals

  • YTD Return 300.0%
  • 3 Yr Annualized Return 58.1%
  • 5 Yr Annualized Return 33.1%
  • Net Assets $5.28 B
  • Holdings in Top 10 35.9%

52 WEEK LOW AND HIGH

$23.80
$5.09
$23.92

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.70%

SALES FEES

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

BROKERAGE FEES

  • Turnover 179.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA $1,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Nontraditional Bond

Distributions

  • YTD Total Return 300.0%
  • 3 Yr Annualized Total Return 62.1%
  • 5 Yr Annualized Total Return 37.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.42%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Columbia Strategic Income Fund
  • Fund Family Name
    Columbia
  • Inception Date
    Nov 08, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Gene Tannuzzo

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.


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Categories

Performance

CMNRX - Performance

Return Ranking - Trailing

Period CMNRX Return Category Return Low Category Return High Rank in Category (%)
YTD 300.0% -21.8% 300.2% 0.95%
1 Yr 302.7% -24.2% 303.2% 2.23%
3 Yr 58.1%* -12.1% 58.3% 2.34%
5 Yr 33.1%* -6.8% 33.2% 3.26%
10 Yr N/A* -3.2% 14.7% 1.25%

* Annualized

Return Ranking - Calendar

Period CMNRX Return Category Return Low Category Return High Rank in Category (%)
2019 5.9% -7.4% 12.4% 12.97%
2018 -5.1% -9.2% 0.8% 68.18%
2017 1.9% -12.3% 9.4% 30.24%
2016 4.3% -2.8% 10.7% 22.71%
2015 -3.8% -11.1% 4.8% 46.46%

Total Return Ranking - Trailing

Period CMNRX Return Category Return Low Category Return High Rank in Category (%)
YTD 300.0% -21.8% 300.2% 0.95%
1 Yr 302.7% -24.2% 303.2% 2.23%
3 Yr 62.1%* -9.1% 62.3% 1.56%
5 Yr 37.0%* -4.2% 37.1% 1.86%
10 Yr N/A* -3.2% 19.9% 1.25%

* Annualized

Total Return Ranking - Calendar

Period CMNRX Return Category Return Low Category Return High Rank in Category (%)
2019 6.6% -7.0% 12.6% 12.29%
2018 -0.7% -9.2% 4.8% 23.48%
2017 6.3% -3.1% 15.2% 8.47%
2016 8.0% -2.8% 17.7% 8.30%
2015 0.5% -10.1% 5.4% 16.67%

NAV & Total Return History


Holdings

CMNRX - Holdings

Concentration Analysis

CMNRX Category Low Category High CMNRX % Rank
Net Assets 5.28 B 2.88 M 32.4 B 7.28%
Number of Holdings 1236 1 5115 17.80%
Net Assets in Top 10 536 M -3.43 B 10 B 18.12%
Weighting of Top 10 35.91% 11.1% 866.9% 55.19%

Top 10 Holdings

  1. Federal National Mortgage Association 2.5% 6.34%
  2. 5 Year Treasury Note Future Sept 20 5.63%
  3. Long Gilt Future Sept 20 5.20%
  4. Euro-Bund Sep 20 5.15%
  5. 10 Year Treasury Note Future Sept 20 4.07%
  6. Columbia Short-Term Cash 3.64%
  7. Ultra US Treasury Bond Future Sept 20 2.21%
  8. Pnmac Gsmr Issuer Trust 2.83% 1.52%
  9. Euro-Btp (Italy Govt) Sep 20 1.12%
  10. Pnmac Gsmr Issuer Trust 3.03% 1.03%

Asset Allocation

Weighting Return Low Return High CMNRX % Rank
Bonds
96.53% -2367.93% 258.37% 12.94%
Cash
2.44% -164.01% 2217.71% 82.20%
Other
1.02% -15.28% 43.46% 19.09%
Stocks
0.01% -71.93% 249.29% 51.46%
Preferred Stocks
0.00% 0.00% 23.00% 72.17%
Convertible Bonds
0.00% -1.28% 141.94% 84.79%

Stock Sector Breakdown

Weighting Return Low Return High CMNRX % Rank
Basic Materials
65.40% 0.00% 65.40% 2.67%
Communication Services
34.18% 0.00% 62.36% 4.81%
Consumer Cyclical
0.42% 0.00% 100.00% 56.15%
Utilities
0.00% 0.00% 100.00% 78.61%
Technology
0.00% 0.00% 100.00% 78.61%
Real Estate
0.00% 0.00% 100.00% 80.21%
Industrials
0.00% 0.00% 21.38% 80.75%
Healthcare
0.00% 0.00% 77.78% 74.33%
Financial Services
0.00% 0.00% 100.00% 82.35%
Energy
0.00% 0.00% 100.00% 84.49%
Consumer Defense
0.00% 0.00% 96.39% 80.21%

Stock Geographic Breakdown

Weighting Return Low Return High CMNRX % Rank
US
0.01% -67.71% 220.94% 44.34%
Non US
0.00% -4.22% 28.35% 61.49%

Bond Sector Breakdown

Weighting Return Low Return High CMNRX % Rank
Corporate
34.20% 0.00% 95.75% 28.80%
Securitized
30.17% 0.00% 95.98% 38.83%
Government
17.66% -7.42% 398.07% 39.48%
Cash & Equivalents
11.14% -103.66% 100.00% 55.66%
Derivative
6.82% -238.73% 68.05% 28.16%
Municipal
0.00% 0.00% 80.02% 69.90%

Bond Geographic Breakdown

Weighting Return Low Return High CMNRX % Rank
US
85.05% -458.01% 190.23% 16.50%
Non US
11.48% -2231.74% 219.61% 61.17%

Expenses

CMNRX - Expenses

Operational Fees

CMNRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.01% 14.61% 85.95%
Management Fee 0.56% 0.00% 2.15% 35.09%
12b-1 Fee 0.00% 0.00% 1.00% 9.57%
Administrative Fee N/A 0.03% 0.45% 23.13%

Sales Fees

CMNRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 6.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CMNRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% N/A

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.

CMNRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 179.00% 2.00% 532.00% 82.37%

Distributions

CMNRX - Distributions

Dividend Yield Analysis

CMNRX Category Low Category High CMNRX % Rank
Dividend Yield 0.00% 0.00% 4.58% 59.94%

Dividend Distribution Analysis

CMNRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Semi-Annually Monthly Monthly

Net Income Ratio Analysis

CMNRX Category Low Category High CMNRX % Rank
Net Income Ratio 4.42% -0.23% 6.94% 15.21%

Capital Gain Distribution Analysis

CMNRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

CMNRX - Fund Manager Analysis

Managers

Gene Tannuzzo


Start Date

Tenure

Tenure Rank

May 26, 2010

10.27

10.3%

Gene Tannuzzo is a Senior Portfolio Manager and Deputy Global Head of Fixed Income at Columbia Threadneedle Investments. He is involved in the management and oversight of the firm’s fixed income business in North America and EMEA. He joined Columbia Threadneedle Investments in 2003 and moved into the role of portfolio manager in 2007. In this role, he leads the fixed-income asset allocation committee and serves as lead portfolio manager for the Strategic Income and Income Builder strategies. He is also a member of the portfolio management team for Core and Core Plus strategies and institutional portfolios. Prior to this, he was a member of the municipal bond team. Mr. Tannuzzo received a BSB. and MBA from the University of Minnesota, Carlson School of Management. In addition, he holds Chartered Financial Analyst® designation.

Colin Lundgren


Start Date

Tenure

Tenure Rank

May 26, 2010

10.27

10.3%

Colin Lundgren is Global Head of Fixed Income at Columbia Threadneedle Investments. In this role, Mr. Lundgren is responsible for investment oversight of managed and owned fixed-income portfolios, leading a global team of experienced investment professionals. Prior to his current role, he served as Deputy Global Head of Fixed Income and Head of US Fixed Income. Mr. Lundgren has experience as 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 joined one of the Columbia Threadneedle Investments legacy firms in 1986 and has been a member of the investment community since then. Mr. Lundgren received a B.A. in political science from Lake Forest College. He is a member of the CFA Society of Minnesota and holds the Chartered Financial Analyst® designation.

Jason Callan


Start Date

Tenure

Tenure Rank

Nov 13, 2017

2.8

2.8%

Jason Callan is Head of Structured Assets, Head of Core and Core Plus and a Senior Portfolio Manager for multi-sector fixed income at Columbia Threadneedle Investments. He joined Columbia Threadneedle Investments in 2007 as a senior quantitative analyst covering Non-Agency RMBS, was promoted to portfolio manager in 2008, and head of structured assets in 2009 . Mr. Callan assumed multi-sector portfolio management responsibilities in 2016 and became lead portfolio manager on Core and Core Plus strategies in 2017. Mr. Callan is also a co-portfolio manager on the Strategic Income portfolio and a member of the Global Fixed Income Asset Allocation Committee. Previously, Mr. Callan worked at GMAC in their Principal Investments unit as a portfolio manager and an analyst. He has been a member of the investment community, specializing in structured assets, since 2003. Mr. Callan received a B.S. in Economics from the University of Minnesota and an MBA from University of Minnesota’s Carlson School of Management

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 25.68 5.63 1.67