About CMBZX
The Columbia Emerging Markets Bond Fund Institutional Class is a mutual fund designed to provide investors with exposure to fixed-income securities issued by governments and corporations in emerging market economies. The fund primarily invests in a diversified portfolio of sovereign and corporate bonds from countries such as Mexico, Colombia, Argentina, Turkey, and Indonesia, among others, offering access to regions with distinct growth dynamics and credit risks.
As an institutional share class, the fund is structured for larger investors, featuring a minimum initial investment and an expense ratio that is competitive within its peer group. Its portfolio is characterized by medium to extensive credit quality and interest rate sensitivity, as reflected by an effective duration of approximately 6.6 years. By allocating more than 65% of assets to foreign bonds from developing countries, the fund seeks to tap into yield opportunities and diversification benefits associated with emerging market debt.
With total assets under management around $285 million and a trailing twelve-month yield above 5%, the Columbia Emerging Markets Bond Fund Institutional Class serves as a vehicle for investors aiming to diversify their fixed income holdings beyond traditional developed markets, while accepting the unique risks and rewards presented by emerging economies.
Fund Family Columbia Threadneedle
Category Emerging Markets Bond
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol CMBZX
Share Class Institutional Class
Index JP Morgan EMBI Global
CMBZX had a total return of 1.85% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.77%.
