Columbia Balanced Fund (CBALX)
Columbia Balanced Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $58.23, up 0.40% on the session, giving a market capitalisation of $10.21B. Its beta of 0.91 implies it has historically moved less than the broad market.
This fund primarily allocates its capital to a blend of stocks and bonds. Its investment strategy involves distributing assets across equity and fixed income instruments (which encompass cash and cash equivalents) by carefully assessing the relative risks and potential returns of each category. Typically, the fund aims to hold between 35% and 65% of its net assets in each of these two main asset classes. Under ordinary market conditions, the allocation to either equities or fixed income will not fall below 25% or exceed 75% of its total net assets.
Columbia Balanced Fund is most often compared with the following Financial Services names: