About REBAX
The Columbia Emerging Markets Bond Fund is a mutual fund focused on generating high total return through current income and, secondarily, capital appreciation. Its primary purpose is to invest in **fixed income securities** issued by entities within emerging market economies, often including both corporate and government debt. The fund utilizes a **hybrid approach** by balancing exposures to both hard (such as U.S. dollar or Euro-denominated) and local currencies, aiming to capture a diverse array of opportunities and manage risks unique to the emerging markets sector.
The portfolio typically includes bonds from a variety of nations across regions like Latin America, Eastern Europe, Asia, and Africa, thereby offering broad exposure to the growth potential and credit dynamics of developing economies. With a **medium or extensive credit quality and interest rate sensitivity**, the fund’s holdings are diversified across currencies, maturities, and issuers.
As part of the broader emerging markets bond category, the Columbia Emerging Markets Bond Fund plays a significant role for investors seeking diversification away from developed market fixed income, while also providing the potential for higher yields. This fund is notable for its focus on global macroeconomic trends and geopolitical developments that affect emerging market debt instruments.
Fund Family Columbia Threadneedle
Category Emerging Markets Bond
Stock Exchange NASDAQ
Ticker Symbol REBAX
Share Class Class A
Index JP Morgan EMBI Global
REBAX had a total return of 7.64% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.59%.