Columbia Balanced Fund Institutional 2 Class (CLREX) NASDAQ
Currency In USD
- General
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- Historical Data
- Profile
- Financials
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
March 07, 2011
The fund's primary objective is to achieve a high total return by investing in a combination of common stocks and debt securities. It typically maintains a diversified portfolio split between equity and debt instruments. The allocation of assets, which also encompasses cash and cash equivalents, is strategically determined by an ongoing assessment of the potential risks and rewards associated with each asset class. While the fund generally targets an allocation of 35% to 65% of its net assets in both equity and debt, it commits to holding no less than 25% and no more than 75% in each of these asset classes during normal market operations.