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4 Best Ranked Columbia Mutual Funds to Buy

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Columbia Management and Threadneedle Investments came together as Columbia Threadneedle Investments on 2015. Columbia Threadneedle Investments is one of the leading global asset management groups, providing a variety of investment solutions and strategies to both individuals and institutions. The company manages assets worth over $766 billion (as of May 31, 2016) based on assets raised in the country. It has more than 2,000 employees, including 450 investment professionals across the world. It provides investment services and equity and income strategies across 18 countries in North America, Europe, Asia Pacific and the Middle East.

Below we share with you 4 top-rated Columbia mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Colombia funds and view their Zacks Rank and past performance.

Columbia Global Opportunities Z (CSAZX - Free Report) seeks strong returns. CSAZX invests its assets not only in equity securities but also in debt and money market instruments. CSAZX generally invests in equity and debt securities of companies from domestic, international and emerging markets. The Columbia Global Opportunities Z fund has year-to-date, three-year and five-year annualized returns of 6.6%, 4.3% and 5.8%, respectively.

CSAZX has an expense ratio of 0.90% compared to the category average of 1.05%.

Columbia High Yield Bond Z (CHYZX - Free Report) invests a large portion of its assets in high-yield bonds. CHYZX seeks growth of income and capital. CHYZX invests in both domestic and foreign companies. The Columbia High Yield Bond Z fund has year-to-date, three-year and five-year annualized returns of 7.8%, 4.4% and 6.3%, respectively.

As of March 2016, CHYZX held 381 issues with 1.32% of its assets invested in Hca 5.375%.

Columbia Select Global Equity Z (CGEZX - Free Report) seeks growth of capital for the long run. CGEZX invests a major portion of its assets in securities of companies situated in both emerging and developed countries.  CGEZX also invests in derivatives and other complex securities. The Columbia Select Global Equity Z fund is a non-diversified fund and has year-to-date, three-year and five-year annualized returns of 6.7%, 7.8% and 7.1%, respectively.

Dave Dudding is one of fund managers of CGEZX since 2015.

Columbia Income Builder A (RBBAX - Free Report) invests in a variety of underlying funds, which represent diverse asset classes. RBBAX seeks appreciation of capital and income. The Columbia Income Builder A fund has year-to-date, three-year and five-year annualized returns of 7.2%, 4.2% and 5.4%, respectively.

RBBAX has an expense ratio of 0.40% compared to the category average of 0.56%.

To view the Zacks Rank and past performance of all Columbia mutual funds, investors can click here to see the complete list of Colombia funds.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.

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