CRIYX: Columbia Corporate Income Inst3

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CRIYX Columbia Corporate Income Inst3


Profile

CRIYX - Profile

Vitals

  • YTD Return 1.3%
  • 3 Yr Annualized Return 2.9%
  • 5 Yr Annualized Return 1.2%
  • Net Assets $1.23 B
  • Holdings in Top 10 53.1%

52 WEEK LOW AND HIGH

$10.89
$9.77
$10.89

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.53%

SALES FEES

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

BROKERAGE FEES

  • Turnover 65.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return 2.9%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.44%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Columbia Corporate Income Fund Institutional 3 Class
  • Fund Family Name
    Columbia
  • Inception Date
    Nov 08, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Timothy Doubek

Fund Description

The fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in debt securities issued by corporate and other non-governmental issuers, including dollar-denominated debt securities issued by foreign companies. It also invests at least 60% of total assets in securities that, at the time of purchase, are investment grade securities or in unrated securities determined to be of comparable quality. Under normal circumstances, the fund's average effective duration will be between three and ten years.


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Categories

Performance

CRIYX - Performance

Return Ranking - Trailing

Period CRIYX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -0.6% 6.2% 8.61%
1 Yr 11.5% -0.7% 85.9% 2.34%
3 Yr 2.9%* -5.1% 23.0% 15.18%
5 Yr 1.2%* -5.8% 12.8% 21.59%
10 Yr N/A* -5.4% 8.3% 0.88%

* Annualized

Return Ranking - Calendar

Period CRIYX Return Category Return Low Category Return High Rank in Category (%)
2019 11.7% -1.2% 83.9% 1.36%
2018 -6.6% -12.4% 0.8% 97.23%
2017 3.1% -6.0% 17.1% 6.93%
2016 5.3% -58.1% 8.6% 0.55%
2015 -6.4% -18.3% 3.0% 98.40%

Total Return Ranking - Trailing

Period CRIYX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -0.6% 6.2% 8.61%
1 Yr 11.5% -2.6% 85.9% 2.31%
3 Yr 2.9%* -5.1% 23.0% 17.17%
5 Yr 1.2%* -5.8% 12.8% 29.49%
10 Yr N/A* -5.3% 8.0% 1.07%

* Annualized

Total Return Ranking - Calendar

Period CRIYX Return Category Return Low Category Return High Rank in Category (%)
2019 11.7% -1.2% 83.9% 1.36%
2018 -6.6% -11.7% 6.5% 97.78%
2017 3.1% -6.0% 27.0% 14.27%
2016 5.3% -58.1% 10.4% 1.95%
2015 -6.4% -14.6% 4.2% 98.83%

NAV & Total Return History


Holdings

CRIYX - Holdings

Concentration Analysis

CRIYX Category Low Category High CRIYX % Rank
Net Assets 1.23 B 688 K 249 B 33.82%
Number of Holdings 515 1 17590 31.62%
Net Assets in Top 10 192 M -216 M 23.5 B 38.37%
Weighting of Top 10 53.06% 2.3% 144.8% 13.08%

Top 10 Holdings

  1. Us 5yr Note Dec 19 9.53%
  2. Us 2yr Note Dec 19 9.32%
  3. US 10 Year Ultra Future Dec19 8.10%
  4. U.S. Treasury Bond Dec19 7.12%
  5. US Ultra Bond (CBT) Dec19 6.46%
  6. US 10 Year Note (CBT) Dec19 3.89%
  7. Xcel Energy Inc 3.35% 2.46%
  8. Five Corners Funding Trust 4.42% 2.13%
  9. JPMorgan Chase & Co. 2.74% 2.11%
  10. United States Treasury Notes 1.38% 1.94%

Asset Allocation

Weighting Return Low Return High CRIYX % Rank
Bonds
95.12% 80.34% 160.64% 68.54%
Cash
2.77% -60.64% 19.31% 41.24%
Convertible Bonds
2.11% 0.00% 6.13% 6.83%
Stocks
0.00% -17.64% 26.05% 94.30%
Preferred Stocks
0.00% 0.00% 7.32% 95.09%
Other
0.00% -8.60% 31.28% 90.06%

Bond Sector Breakdown

Weighting Return Low Return High CRIYX % Rank
Corporate
69.54% 0.00% 99.29% 5.07%
Government
22.30% 0.00% 100.00% 29.81%
Cash & Equivalents
8.16% -26.49% 20.89% 9.19%
Derivative
0.00% 0.00% 22.94% 95.25%
Securitized
0.00% 0.00% 97.31% 96.86%
Municipal
0.00% 0.00% 100.00% 98.82%

Bond Geographic Breakdown

Weighting Return Low Return High CRIYX % Rank
US
91.64% 61.83% 160.64% 56.60%
Non US
3.48% -27.08% 26.76% 48.66%

Expenses

CRIYX - Expenses

Operational Fees

CRIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.53% 0.00% 209.96% 77.26%
Management Fee 0.49% 0.00% 1.25% 79.68%
12b-1 Fee 0.00% 0.00% 1.00% 16.97%
Administrative Fee N/A 0.00% 0.50% 36.13%

Sales Fees

CRIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

CRIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

CRIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 65.00% 0.00% 2053.00% 63.76%

Distributions

CRIYX - Distributions

Dividend Yield Analysis

CRIYX Category Low Category High CRIYX % Rank
Dividend Yield 0.80% 0.00% 5.21% 28.61%

Dividend Distribution Analysis

CRIYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

CRIYX Category Low Category High CRIYX % Rank
Net Income Ratio 3.44% 0.00% 6.30% 10.81%

Capital Gain Distribution Analysis

CRIYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

CRIYX - Fund Manager Analysis

Managers

Timothy Doubek


Start Date

Tenure

Tenure Rank

Apr 29, 2011

8.68

8.7%

Doubek is a senior portfolio manager with AEFC, his employer since June 2001. Prior, he was a senior portfolio manager at Lincoln Capital Management. Previously, he was a fixed income portfolio manager at Northwestern Mutual Life Insurance in Milwaukee. Mr. Doubek began his investment career in 1987. He earned an M.B.A. from the University of Michigan and was awarded his Chartered Financial Analyst designation.

Thomas Murphy


Start Date

Tenure

Tenure Rank

Apr 29, 2011

8.68

8.7%

Tom Murphy is a senior portfolio manager and head of the Investment Grade Credit Team at Columbia Threadneedle Investments. Mr. Murphy joined one of the Columbia Threadneedle Investments legacy firms in 2002 and has held his current position since that time. Previously, Mr. Murphy was a managing director and portfolio manager at BlackRock Financial Management, where he was senior strategist for investment-grade corporate bonds, a senior member of the investment grade corporate portfolio management team, and lead portfolio manager for the firm’s investment grade corporate-only portfolios. Prior to that, Mr. Murphy was with Zurich Scudder Investments for ten years, holding a number of positions including corporate sector team leader. He has been in the investment industry since 1986. Mr. Murphy received a B.B.A. from the University of Notre Dame and an MBA from the University of Michigan. In addition, he holds the Chartered Financial Analyst® designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.1 7.71 0.67