Columbia Balanced Fund Institutional 3 Class (CBDYX)
Columbia Balanced Fund Institutional 3 Class operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $60.03, up 0.12% on the session, giving a market capitalisation of $10.37B. Its beta of 0.91 implies it has historically moved less than the broad market.
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.
Columbia Balanced Fund Institutional 3 Class is most often compared with the following Financial Services names: