CTRZX: Multi-Manager Total Return Bd Strat Inst

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CTRZX Multi-Manager Total Return Bd Strat Inst


Profile

CTRZX - Profile

Vitals

  • YTD Return -0.9%
  • 3 Yr Annualized Return 0.5%
  • 5 Yr Annualized Return N/A
  • Net Assets $7.93 B
  • Holdings in Top 10 39.9%

52 WEEK LOW AND HIGH

$10.14
$9.75
$10.77

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.52%

SALES FEES

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

BROKERAGE FEES

  • Turnover 219.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -0.9%
  • 3 Yr Annualized Total Return 0.5%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.05%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Multi-Manager Total Return Bond Strategies Fund
  • Fund Family Name
    Columbia
  • Inception Date
    Jan 03, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Tad Rivelle

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in bonds and other debt securities, including debt securities issued by the U.S. government, its agencies, instrumentalities or sponsored corporations, debt securities issued by corporations, mortgage- and other asset-backed securities, dollar-denominated securities issued by foreign governments, companies or other entities, bank loans and other obligations.


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Categories

Performance

CTRZX - Performance

Return Ranking - Trailing

Period CTRZX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -25.7% 196.2% 36.41%
1 Yr 2.6% -24.6% 191.4% 24.30%
3 Yr 0.5%* -7.9% 8.1% 33.14%
5 Yr N/A* -6.0% 11.4% 11.38%
10 Yr N/A* -5.4% 3.9% N/A

* Annualized

Return Ranking - Calendar

Period CTRZX Return Category Return Low Category Return High Rank in Category (%)
2019 5.5% -4.3% 18.3% 28.33%
2018 -3.8% -11.7% 4.6% 79.31%
2017 N/A -6.0% 8.3% N/A
2016 N/A -7.8% 8.7% N/A
2015 N/A -18.3% 3.0% N/A

Total Return Ranking - Trailing

Period CTRZX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -25.7% 196.2% 36.41%
1 Yr 2.6% -24.6% 191.4% 24.26%
3 Yr 0.5%* -7.9% 10.2% 38.66%
5 Yr N/A* -6.0% 11.4% 11.07%
10 Yr N/A* -5.4% 6.7% N/A

* Annualized

Total Return Ranking - Calendar

Period CTRZX Return Category Return Low Category Return High Rank in Category (%)
2019 5.5% -4.3% 18.3% 29.10%
2018 -3.8% -11.7% 6.5% 82.96%
2017 N/A -6.0% 10.4% N/A
2016 N/A -7.8% 14.1% N/A
2015 N/A -12.6% 4.2% N/A

NAV & Total Return History


Holdings

CTRZX - Holdings

Concentration Analysis

CTRZX Category Low Category High CTRZX % Rank
Net Assets 7.93 B 640 K 259 B 8.08%
Number of Holdings 2683 1 17723 2.95%
Net Assets in Top 10 550 M -216 M 24.5 B 19.65%
Weighting of Top 10 39.92% 2.4% 100.0% 18.65%

Top 10 Holdings

  1. 5 Year Treasury Note Future Mar20 13.67%
  2. 2 Year Treasury Note Future Mar20 6.49%
  3. Fswp: Usd 1.829960 15-Jun-2021 3.39%
  4. Ultra 10 Year US Treasury Note Future Mar20 3.05%
  5. Ultra US Treasury Bond Future Mar20 2.95%
  6. United States Treasury Notes 1.5% 2.35%
  7. 10 Year Treasury Note Future Mar20 2.16%
  8. 2 Year Treasury Note Future Mar20 2.02%
  9. Swp: Usd 2.333530 15-Nov-2024 1.98%
  10. Fswp: Usd 1.604200 15-Sep-2021 1.87%

Asset Allocation

Weighting Return Low Return High CTRZX % Rank
Bonds
86.00% 80.16% 159.74% 96.95%
Cash
12.69% -59.74% 19.74% 1.98%
Convertible Bonds
1.31% 0.00% 7.24% 14.98%
Stocks
0.00% -0.38% 24.73% 92.64%
Preferred Stocks
0.00% 0.00% 7.43% 94.47%
Other
0.00% -4.02% 28.26% 88.97%

Bond Sector Breakdown

Weighting Return Low Return High CTRZX % Rank
Securitized
34.07% 0.00% 98.30% 22.77%
Government
27.67% -2.21% 122.41% 25.11%
Corporate
20.45% 0.00% 99.29% 41.88%
Cash & Equivalents
17.00% -29.57% 39.95% 1.01%
Derivative
0.48% -0.83% 31.05% 7.08%
Municipal
0.33% 0.00% 100.11% 66.70%

Bond Geographic Breakdown

Weighting Return Low Return High CTRZX % Rank
US
79.00% 61.83% 156.78% 89.55%
Non US
7.00% -26.61% 26.76% 37.25%

Expenses

CTRZX - Expenses

Operational Fees

CTRZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.52% 0.01% 34.57% 78.74%
Management Fee 0.46% 0.00% 1.10% 73.95%
12b-1 Fee 0.00% 0.00% 1.00% 16.85%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

CTRZX 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

CTRZX 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.

CTRZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 219.00% 0.00% 493.00% 92.89%

Distributions

CTRZX - Distributions

Dividend Yield Analysis

CTRZX Category Low Category High CTRZX % Rank
Dividend Yield 0.00% 0.00% 3.70% 94.07%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

CTRZX Category Low Category High CTRZX % Rank
Net Income Ratio 3.05% -0.20% 6.30% 23.05%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

CTRZX - Fund Manager Analysis

Managers

Tad Rivelle


Start Date

Tenure

Tenure Rank

Apr 20, 2012

7.95

8.0%

Tad Rivelle Group Managing Director Chief Investment Officer–Fixed Income Co-Director Fixed Income Tad Rivelle is Chief Investment Officer, Fixed Income. Prior to joining TCW, Tad served as Chief Investment Officer for MetWest, an independent institutional investment manager that he cofounded. The MetWest investment team has been recognized for a number of performance related awards, including Morningstar’s Fixed Income Manager of the Year. Mr. Rivelle was also the co-director of fixed income at Hotchkis & Wiley and a portfolio manager at PIMCO. Tad holds a BS in Physics from Yale University, an MS in Applied Mathematics from University of Southern California, and an MBA from the UCLA Anderson School of Management.

Laird Landmann


Start Date

Tenure

Tenure Rank

Apr 20, 2012

7.95

8.0%

Laird R. Landmann Group Managing Director Co-Director Fixed Income U.S. Fixed Income Mr. Landmann is a Generalist Portfolio Manager in the U.S. Fixed Income Group. He joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest). Mr. Landmann currently serves on the boards of the Trust Company of the West and the Metropolitan West Mutual Funds. He is a leader of the MetWest investment team that was recognized as Morningstar's Fixed Income Manager of the Year for 2005 and has been nominated for the award eight times. Prior to founding MetWest in 1996, Mr. Landmann was a principal and the co-director of fixed income at Hotchkis and Wiley. He also served as a portfolio manager and vice president at PIMCO. Mr. Landmann holds an AB in Economics from Dartmouth College and an MBA from the University of Chicago Booth School of Business.

Stephen Kane


Start Date

Tenure

Tenure Rank

Apr 20, 2012

7.95

8.0%

Stephen M. Kane, CFA Group Managing Director U.S. Fixed Income Mr. Kane is a Generalist Portfolio Manager in the U.S. Fixed Income Group. He joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest). At MetWest, Mr. Kane was responsible for leading MetWest's AlphaTrak, Ultra Short and Liability Driven Investment (LDI) products, and he co-manages many of the firm's mutual funds. Under his co-leadership, the MetWest investment team was recognized as Morningstar's Fixed Income Manager of the Year for 2005. Prior to establishing MetWest, he was a fixed income portfolio manager at Hotchkis and Wiley. He also served as a Vice President at PIMCO. Mr. Kane earned a BS in Business from the University of California, Berkeley and an MBA from the University of Chicago Booth School of Business.

Bryan Whalen


Start Date

Tenure

Tenure Rank

Dec 31, 2013

6.25

6.3%

Bryan T. Whalen, CFA Group Managing Director U.S. Fixed Income Mr. Whalen is a Generalist Portfolio Manager in the U.S. Fixed Income Group. Mr. Whalen joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest) as co-head of the Securitized Products division. Prior to joining TCW, Mr. Whalen was a partner and co-head of MetWest's Securitized Products division. Prior to joining MetWest in 2004, he was a director in the fixed income department at Credit Suisse First Boston in New York. Previously, he was a vice president at Donaldson, Lufkin & Jenrette. Mr. Whalen earned a BA in Economics from Yale University. He is a CFA charterholder.

Clifton Rowe


Start Date

Tenure

Tenure Rank

Apr 11, 2016

3.97

4.0%

Cliff Rowe is a vice president of Loomis, Sayles & Company and portfolio manager for the Loomis Sayles fixed income group and the mortgage and structured finance group. He co-manages the Loomis Sayles Limited Term Government & Agency and Intermediate Duration Bond funds, in addition to the Natixis Loomis Sayles Short Duration Income ETF. Cliff also co-manages the Loomis Sayles Core, Short Duration and Intermediate Duration strategies and the Loomis Sayles Securitized Asset Fund. He has 26 years of investment industry experience that began when he joined Loomis Sayles in 1992. During his tenure, Cliff has held the successive positions of portfolio assistant, research analyst, mortgage trader and portfolio manager. He earned a BBA from James Madison University and an MBA from the University of Chicago.

Gregory Peters


Start Date

Tenure

Tenure Rank

May 16, 2016

3.88

3.9%

Gregory Peters is a Managing Director and Senior Investment Officer of PGIM Fixed Income. He is also senior portfolio manager for Core, Long Government/Credit, Core Plus, Absolute Return, and other multi-sector Fixed Income strategies. Prior to joining PGIM Fixed Income, Mr. Peters was the Chief Global Cross Asset Strategist at Morgan Stanley and responsible for the firm's macro research and asset allocation strategy. In addition, he was Morgan Stanley's Global Director of Fixed Income & Economic Research and served on the Firm Risk, Investment, Asset Allocation, Global Credit, and Global Fixed Income Operating Committees. Earlier, Mr. Peters worked at Salomon Smith Barney and the Department of U.S. Treasury. Mr. Peters has been recognized by Institutional Investor magazine for his efforts in macro, fixed income, high yield and investment grade strategies. Mr. Peters was also recently recognized as Business Insider's Top Analysts and Top Analyst's to Watch by CEO World. Mr. Peters earned a BA in Finance from The College of New Jersey and an MBA from Fordham University. He is also a member of the Fixed Income Analyst Society and the Bond Market Association.

Robert Tipp


Start Date

Tenure

Tenure Rank

May 16, 2016

3.88

3.9%

Robert Tipp, CFA, is a Managing Director, Chief Investment Strategist, and Head of Global Bonds for PGIM Fixed Income. In addition to comanaging the Global Aggregate Plus strategy, Mr. Tipp is responsible for global rates positioning for Core Plus, Absolute Return, and other portfolios. Mr. Tipp has worked at the Firm since 1991, where he has held a variety of senior investment manager and strategist roles. Prior to joining the Firm, he was a Director in the Portfolio Strategies Group at the First Boston Corporation, where he developed, marketed, and implemented strategic portfolio products for money managers. Before that, Mr. Tipp was a Senior Staff Analyst at the Allstate Research & Planning Center, and managed fixed income and equity derivative strategies at Wells Fargo Investment Advisors. He received a BS in Business Administration and an MBA from the University of California, Berkeley. Mr. Tipp holds the Chartered Financial Analyst (CFA) designation. Named Morningstar’s 2017 Fixed Income Manager of The Year for PGIM Total Return Bond Fund.

Dave Goodson


Start Date

Tenure

Tenure Rank

Dec 05, 2018

1.32

1.3%

Dave Goodson is head of securitized fixed income and a senior portfolio manager for Voya Investment Management’s non-agency and agency mortgage-backed securities, commercial mortgage-backed securities and asset-backed securities strategies. Prior to joining the firm, he was a principal at an independent investment bank focused on asset-backed commercial paper transactions. Dave began his career as a vice president in Wachovia Securities’ asset-backed finance group, marketing and executing securitizations for the bank’s corporate clients. He received a BS in management from the Georgia Institute of Technology.

Randall Parrish


Start Date

Tenure

Tenure Rank

Dec 05, 2018

1.32

1.3%

Randy Parrish, CFA Head of Credit Randy Parrish is head of credit and a senior high yield portfolio manager at Voya Investment Management. As head of credit, Randy oversees the high yield, investment grade and emerging market teams. Previously, Randy was head of high yield and served as a portfolio manager and analyst on the high yield team since joining Voya in 2001. Prior to joining the firm, he was a corporate banker in leveraged finance with SunTrust Bank and predecessors to Bank of America. Randy received a BBA in business administration from the University of Georgia and holds the Chartered Financial Analyst® designation.

Daniel Conklin


Start Date

Tenure

Tenure Rank

Oct 10, 2019

0.47

0.5%

Daniel Conklin, Vice President and portfolio manager for the fixed income group of Loomis Sayles, joined Loomis Sayles in 2012. Mr. Conklin earned a B.S. from the University of Massachusetts, Lowell and an M.S. from Northeastern University. Mr. Conklin holds the designation of Chartered Financial Analyst®.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.35 7.41 0.25