Columbia Contrarian Core Fund Class I3 (COFYX)
Columbia Contrarian Core Fund Class I3 operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $45.29, up 0.49% on the session, giving a market capitalisation of $18.49B. Its beta of 1.01 implies it has historically moved more than the broad market.
The fund's primary objective is to generate a comprehensive return for investors, encompassing both significant long-term capital growth and a steady stream of income. Typically, the fund allocates a minimum of 80% of its total net assets (which includes any funds acquired through borrowing for investment) to common equity shares. Furthermore, under standard market conditions, at least 80% of these assets are strategically placed in the stocks of established U.S. corporations. These corporations generally possess market valuations exceeding $2 billion and are identified by the fund's manager as being undervalued, yet demonstrating strong potential for sustained appreciation and income generation over the long term. Up to 20% of the portfolio's net assets may also be diversified into international equities.
Columbia Contrarian Core Fund Class I3 is most often compared with the following Financial Services names: