Columbia Balanced Fund Institutional 3 Class (CBDYX) NASDAQ
Currency In USD
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Currency In USD
Address
Columbia Funds Series Trust I
, MA
United States of America (the)
Phone
800-345-6611
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
November 09, 2012
This fund aims to achieve substantial overall returns by strategically investing in both common stocks (equities) and debt instruments. Under typical market conditions, its portfolio maintains a diversified allocation across these two asset classes. The exact weighting of assets, which includes cash and cash equivalents as part of the debt component, is determined by an ongoing assessment of the relative risks and potential rewards offered by each category. While the fund generally targets an investment range of 35% to 65% of its net assets in each asset class, it is mandated to hold a minimum of 25% and a maximum of 75% of its net assets in both equities and debt securities under normal circumstances.