Is Columbia Dividend Income A (LBSAX) a Strong Mutual Fund Pick Right Now?
Mutual Fund Report for LBSAX
Columbia Dividend Income A (LBSAX – Free Report) is a good place to start if you are looking for Mutual Fund Equity Report funds. LBSAX has a Zacks Mutual Fund Rank of 1, which means it is a strong buy. This rank is based on several forecasting factors such as size, cost, past performance, and history. Columbia is based in Kansas City and manages LBSAX. LBSAX's 5-year annualized total returns of 9.38% are among the best in its category. The fund will experience less volatility if its standard deviation is lower. LBSAX's average standard deviation over the last three years is 18.52%, compared with the category average 17.58%. The fund is more volatile than its peers in the past half-decade.Risk Factors:The fund's 5-year beta of 0.84 means that it is theoretically less volatile than other markets. Alpha, which measures a portfolio's risk-adjusted performance relative to a benchmark (in this case the S&P 500), is another important metric to consider. This will allow us to see how the manager applies their methodology and if there are inherent biases. The fund is most exposed to the following markets sectors: Finance Technology Industrial Cycle Non-Durable. This means that the fund's managers make fewer trades than their peers. Costs are becoming increasingly important when investing in mutual funds. The market is crowded and a product that costs less will likely perform better than its counterpart. The expense ratio is 0.90%, compared to 0.99% for the category average. LBSAX has a cost ratio of 0.90%, which is lower than the category average of 0.99%. You want to know more? You can find all the tools you need to make informed stock selections.