Columbia Strategic Income A Fund In Focus

Columbia Strategic Income A (COSIX – MF report) a Zacks Ranked #1 (Strong Buy) seeks current income consistent with prudent risk and also maximum total return. COSIX invests in debt securities issued by the U.S. government, including mortgage-backed securities issued by U.S. government agencies; debt securities issued by foreign governments and foreign companies, including securities issued in emerging market countries; and lower-rated corporate debt securities. COSIX invests a portion of its assets in lower-rated corporate debt securities. COSIX distributes dividends monthly and capital gains annually.

The Columbia Strategic Income A fund, managed by Columbia, carries an expense ratio of 1.04.  Moreover, COSIX requires a minimal initial investment of $2,000.

COSIX has a history of strong positive total returns for over 10 years.  Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 3.11%, and 5 year 5.19%.  To see how this fund performed compared in its category, please click here.  

COSIX’s performance, as of the last filing, when compared to funds in its category was in the top 50% in 1 year, top 13% over the past 3 years, and in the 8% over the past 5 years.

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