Catherine Stienstra - Columbia Short Fund Manager
| CSMTX Fund | USD 10.05 0.01 0.1% |
Director and Senior Portfolio Manager of the Columbia Management Investment Advisers, LLC associated with the Columbia Management Investment Advisers, LLC as an investment professional since 2007. Sector Leader of the Advisers Municipal Bond Team from 2007 to 2010. Prior to 2007, Ms. Stienstra was employed by FAF Advisors, Inc. from 1998 to 2007, where she was a Director and Senior Portfolio Manager. Ms. Stienstra began her investment career in 1988 and earned a B.A. from the University of Nebraska.
| Phone | 800-345-6611 |
Columbia Short Management Performance (%)
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Columbia Short Term Management Team
Elected by the shareholders, the Columbia Short's board of directors comprises two types of representatives: Columbia Short 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 Short's management team and ensure that shareholders' interests are well served. Columbia Short'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 Short's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Anders Myhran, Fund Manager | ||
| Andres Myhran, Fund Manager | ||
| Catherine Stienstra, Fund Manager |
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 Short 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.
| Total Asset | 767.03 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 0.04 % | ||||
| One Year Return | 2.47 % | ||||
| Three Year Return | 0.24 % | ||||
| Five Year Return | 1.01 % | ||||
| Ten Year Return | 1.21 % | ||||
| Net Asset | 1.04 B | ||||
| Last Dividend Paid | 0.01 | ||||
| Cash Position Weight | 6.73 % |
Pair Trading with Columbia Short
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 Short 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 Short will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Columbia Short 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 Short 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 Short - 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 Short Term to buy it.
The correlation of Columbia Short 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 Short moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Short Term 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 Short 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 Short Term. 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 estimate. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.