Leonard Aplet - Columbia Balanced Fund Manager since October 31, 1991
CBDYX Fund | USD 51.60 0.31 0.60% |
Aplet a managing director of Columbia Management Advisors LLC was associated with Columbia Management Advisors LLC or its affiliates since 1987. Prior to joining the firm he was a portfolio manager at the Farmer Home Administration in Seattle. Mr. Aplet began his investment career in 1978 and earned a B.S. from Oregon State University and an M.B.A. in finance from the University of California at Berkeley. Aplet holds the Chartered Financial Analyst designation.
Tenure | 33 years |
Professional Marks | MBA |
Phone | 800-345-6611 |
Columbia Balanced Management Performance (%)
The investment seeks high total return by investing in common stocks and debt securities. Columbia Balanced is traded on NASDAQ Exchange in the United States. The fund is listed under Allocation--50% to 70% Equity category and is part of Columbia family.
Columbia Balanced Fund Leadership Team
Elected by the shareholders, the Columbia Balanced's board of directors comprises two types of representatives: Columbia Balanced inside directors who are chosen from within the company, and outside directors, selected externally and held independent of COLUMBIA. The board's role is to monitor Columbia Balanced's management team and ensure that shareholders' interests are well served. Columbia Balanced's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Columbia Balanced's outside directors are responsible for providing unbiased perspectives on the board's policies.
Guy Pope, Fund Manager | ||
Leonard Aplet, Fund Manager since October 31, 1991 |
COLUMBIA Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is Columbia Balanced a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Price To Earning | 18.83 X | ||||
Price To Book | 2.46 X | ||||
Price To Sales | 1.82 X | ||||
Total Asset | 9.32 B | ||||
Annual Yield | 0.02 % | ||||
Year To Date Return | 6.18 % | ||||
One Year Return | 24.21 % | ||||
Three Year Return | 6.22 % | ||||
Five Year Return | 10.56 % | ||||
Ten Year Return | 9.72 % |
Pair Trading with Columbia Balanced
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbia Balanced position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbia Balanced will appreciate offsetting losses from the drop in the long position's value.Moving together with COLUMBIA Mutual Fund
0.94 | CLWFX | Columbia Large Cap | PairCorr |
0.97 | CLXRX | Columbia Large Cap | PairCorr |
0.93 | CUSHX | Columbia Ultra Short | PairCorr |
0.93 | CUSBX | Columbia Ultra Short | PairCorr |
Moving against COLUMBIA Mutual Fund
0.48 | CUTRX | Columbia Us Treasury | PairCorr |
0.47 | CUTYX | Columbia Us Treasury | PairCorr |
The ability to find closely correlated positions to Columbia Balanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbia Balanced when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbia Balanced - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbia Balanced Fund to buy it.
The correlation of Columbia Balanced is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbia Balanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Balanced Fund moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbia Balanced can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Balanced Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for COLUMBIA Mutual Fund analysis
When running Columbia Balanced's price analysis, check to measure Columbia Balanced's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Columbia Balanced is operating at the current time. Most of Columbia Balanced's value examination focuses on studying past and present price action to predict the probability of Columbia Balanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Columbia Balanced's price. Additionally, you may evaluate how the addition of Columbia Balanced to your portfolios can decrease your overall portfolio volatility.
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