Columbia Large Cap Index Fund Institutional 2 Class (CLXRX)
Columbia Large Cap Index Fund Institutional 2 Class operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $61.56, up 0.52% on the session, giving a market capitalisation of $3.10B. On trailing twelve-month figures it carries a trailing P/E of 183.59, a net margin of 7.6%. Its beta of 1.00 implies it has historically moved more than the broad market.
This fund's primary objective is to generate a total return, prior to any charges or expenses, that effectively mirrors the performance of the Standard & Poor's (S&P) 500® Index. Under typical market conditions, the fund dedicates a minimum of 80% of its net assets—a figure that incorporates any capital borrowed for investment purposes—to the common equities that comprise the S&P 500 Index. To meticulously replicate the index's performance, the Investment Manager strives to distribute the fund's investments among these common stocks in proportions that closely align with those of the index. Furthermore, the fund is permitted to utilize derivative instruments, such as futures (including equity index futures), for the specific purpose of cash equitization.
Columbia Large Cap Index Fund Institutional 2 Class is most often compared with the following Financial Services names: