Continue to site >
Trending ETFs

Columbia Corporate Income Fund

mutual fund
SRINX
Payout Change
Pending
Price as of:
$9.08 +0.0 +0.0%
primary theme
Corporate Bond
SRINX (Mutual Fund)

Columbia Corporate Income Fund

Payout Change
Pending
Price as of:
$9.08 +0.0 +0.0%
primary theme
Corporate Bond
SRINX (Mutual Fund)

Columbia Corporate Income Fund

Payout Change
Pending
Price as of:
$9.08 +0.0 +0.0%
primary theme
Corporate Bond

Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.08

$1.68 B

4.49%

$0.41

0.70%

Vitals

YTD Return

1.0%

1 yr return

6.4%

3 Yr Avg Return

-2.1%

5 Yr Avg Return

1.9%

Net Assets

$1.68 B

Holdings in Top 10

17.6%

52 WEEK LOW AND HIGH

$9.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.70%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 74.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.08

$1.68 B

4.49%

$0.41

0.70%

SRINX - Profile

Distributions

  • YTD Total Return 1.0%
  • 3 Yr Annualized Total Return -2.1%
  • 5 Yr Annualized Total Return 1.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.36%
DIVIDENDS
  • Dividend Yield 4.5%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Columbia Corporate Income Fund
  • Fund Family Name
    Columbia Funds Complex
  • Inception Date
    Mar 05, 1986
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Murphy

Fund Description

Under normal circumstances, 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. The Fund 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. The Fund may invest up to 25% of its total assets in debt instruments that, at the time of purchase, are rated below investment grade or are unrated but determined to be of comparable quality (commonly referred to as “high-yield” investments or “junk” bonds). Under normal circumstances, the Fund’s average effective duration will be between three and ten years.
The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis.
The Fund may invest in privately placed and other securities or instruments that are purchased and sold pursuant to Rule 144A or other exemptions under the Securities Act of 1933, as amended, subject to certain regulatory restrictions.
The Fund may invest in U.S. Government obligations, asset-backed securities and mortgage-backed securities.
Read More

SRINX - Performance

Return Ranking - Trailing

Period SRINX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -1.9% 3.5% 49.43%
1 Yr 6.4% 0.0% 8.7% 37.50%
3 Yr -2.1%* -10.2% 39.8% 26.86%
5 Yr 1.9%* -7.4% 26.2% 11.88%
10 Yr 2.5%* -0.2% 14.1% 35.00%

* Annualized

Return Ranking - Calendar

Period SRINX Return Category Return Low Category Return High Rank in Category (%)
2023 5.1% -5.6% 6.3% 9.09%
2022 -18.0% -28.7% 142.1% 25.71%
2021 -4.8% -12.3% 4.9% 65.70%
2020 4.2% -8.0% 10.6% 79.17%
2019 11.6% 4.3% 13.4% 12.03%

Total Return Ranking - Trailing

Period SRINX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -1.9% 3.5% 49.43%
1 Yr 6.4% 0.0% 8.7% 37.50%
3 Yr -2.1%* -10.2% 39.8% 26.86%
5 Yr 1.9%* -7.4% 26.2% 11.88%
10 Yr 2.5%* -0.2% 14.1% 35.00%

* Annualized

Total Return Ranking - Calendar

Period SRINX Return Category Return Low Category Return High Rank in Category (%)
2023 9.9% -5.6% 12.9% 6.82%
2022 -15.2% -25.6% 151.8% 25.71%
2021 -0.7% -5.1% 7.5% 45.35%
2020 11.7% -8.0% 116.0% 23.81%
2019 15.6% 6.7% 17.4% 11.39%

NAV & Total Return History


SRINX - Holdings

Concentration Analysis

SRINX Category Low Category High SRINX % Rank
Net Assets 1.68 B 5.45 M 47.3 B 36.36%
Number of Holdings 606 4 10179 40.34%
Net Assets in Top 10 297 M -29.6 M 3.67 B 25.57%
Weighting of Top 10 17.56% 1.5% 143.5% 23.30%

Top 10 Holdings

  1. COLUMBIA SHORT TERM CASH FUND 3.78%
  2. VERIZON COMMUNICATIONS INC 1.81%
  3. NISOURCE INC 1.68%
  4. BANK OF AMERICA CORP 1.68%
  5. TREASURY BOND 1.52%
  6. BP CAPITAL MARKETS AMERICA INC 1.46%
  7. CARRIER GLOBAL CORP 1.45%
  8. BAE SYSTEMS PLC 1.44%
  9. WELLS FARGO COMPANY 1.40%
  10. GOLDMAN SACHS GROUP INC 1.34%

Asset Allocation

Weighting Return Low Return High SRINX % Rank
Bonds
95.51% 0.00% 136.47% 65.34%
Cash
4.47% -43.80% 45.81% 29.55%
Convertible Bonds
1.35% 0.00% 78.47% 88.07%
Other
0.01% -3.13% 12.28% 64.20%
Stocks
0.01% 0.00% 99.96% 23.86%
Preferred Stocks
0.00% 0.00% 9.18% 82.95%

Stock Sector Breakdown

Weighting Return Low Return High SRINX % Rank
Financial Services
100.00% 0.00% 100.00% 21.74%
Utilities
0.00% 0.00% 100.00% 82.61%
Technology
0.00% 0.00% 24.68% 78.26%
Real Estate
0.00% 0.00% 100.00% 91.30%
Industrials
0.00% 0.00% 8.34% 78.26%
Healthcare
0.00% 0.00% 14.32% 78.26%
Energy
0.00% 0.00% 4.21% 78.26%
Communication Services
0.00% 0.00% 8.64% 78.26%
Consumer Defense
0.00% 0.00% 7.33% 78.26%
Consumer Cyclical
0.00% 0.00% 11.22% 91.30%
Basic Materials
0.00% 0.00% 3.60% 91.30%

Stock Geographic Breakdown

Weighting Return Low Return High SRINX % Rank
US
0.01% 0.00% 99.96% 23.86%
Non US
0.00% 0.00% 0.02% 75.57%

Bond Sector Breakdown

Weighting Return Low Return High SRINX % Rank
Corporate
92.07% 41.80% 99.80% 26.14%
Cash & Equivalents
3.78% 0.00% 45.81% 30.11%
Government
1.81% 0.00% 25.63% 75.57%
Securitized
0.24% 0.00% 23.18% 75.57%
Derivative
0.01% -2.64% 2.35% 51.70%
Municipal
0.00% 0.00% 3.62% 95.45%

Bond Geographic Breakdown

Weighting Return Low Return High SRINX % Rank
US
95.51% 0.00% 109.87% 63.07%
Non US
0.00% 0.00% 47.05% 84.09%

SRINX - Expenses

Operational Fees

SRINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.02% 46.23% 51.15%
Management Fee 0.49% 0.00% 1.35% 82.39%
12b-1 Fee 0.00% 0.00% 1.00% 11.84%
Administrative Fee N/A 0.02% 0.45% 35.92%

Sales Fees

SRINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

SRINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

SRINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 74.00% 0.00% 259.00% 56.32%

SRINX - Distributions

Dividend Yield Analysis

SRINX Category Low Category High SRINX % Rank
Dividend Yield 4.49% 0.00% 6.00% 39.20%

Dividend Distribution Analysis

SRINX Category Low Category High Category Mod
Dividend Distribution Frequency None Monthly Monthly Monthly

Net Income Ratio Analysis

SRINX Category Low Category High SRINX % Rank
Net Income Ratio 2.36% 0.38% 5.93% 43.68%

Capital Gain Distribution Analysis

SRINX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

View More +

SRINX - Fund Manager Analysis

Managers

Thomas Murphy


Start Date

Tenure

Tenure Rank

Apr 29, 2011

11.1

11.1%

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.

John Dawson


Start Date

Tenure

Tenure Rank

Feb 13, 2020

2.3

2.3%

Mr. Dawson joined one of the Columbia Management legacy firms or acquired business lines in 2004. Mr. Dawson began his investment career in 1996 and earned a B.A. in Economics from Bucknell University and an M.B.A. with concentrations in Finance and Accounting from Indiana University.

Royce Wilson


Start Date

Tenure

Tenure Rank

Feb 13, 2020

2.3

2.3%

Mr. Wilson joined Columbia Management Investment Advisers, LLC in 2007. Previously He employed as a corporate bond trader for Nomura Securities from 2002 to 2006. Mr. Wilson began his investment career in 2002 and earned a B.B.A. from Western Connecticut State University.

Shannon Rinehart


Start Date

Tenure

Tenure Rank

Feb 01, 2022

0.33

0.3%

Ms. Rinehart joined the Investment Manager in 2009. Ms. Rinehart began her investment career in 2004 and earned a B.S.B.A. from Drake University and an M.B.A. from the University of Minnesota Carlson School of Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 24.76 6.74 2.47