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INEAX Columbia High Yield Bond A Forecast, Technical & Fundamental Analysis

The investment seeks to provide shareholders with high current income as its primary objective and, as its secondary objective, capital growth... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide shareholders with high current income as its primary objective and, as its secondary objective, capital growth. Under normal market conditions, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in high-yield debt instruments (commonly referred to as "junk" bonds or securities). It may invest up to 25% of its net assets in debt instruments of foreign issuers. The fund may invest in debt instruments of any maturity and does not seek to maintain a particular dollar-weighted average maturity.
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A.I. Advisor
published General Information

General Information

Category HighYieldBond

Profile
Details
Category
High Yield Bond
Address
Columbia Funds Series Trust II225 FRANKLIN STREETBOSTON
Phone
612-671-4321
Web
www.columbiamanagement.com
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INEAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, INEAX has been closely correlated with RITEX. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if INEAX jumps, then RITEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To INEAX
1D Price
Change %
INEAX100%
-0.09%
RITEX - INEAX
94%
Closely correlated
-0.10%
BRHYX - INEAX
93%
Closely correlated
-0.14%
BHYSX - INEAX
93%
Closely correlated
N/A
BHYCX - INEAX
92%
Closely correlated
-0.14%
RITFX - INEAX
92%
Closely correlated
-0.10%
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Columbia High Yield Bond A (INEAX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com