Fund Evaluator:
Columbia Strategic Income S (LSIDX)
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Best Performing in Multisector Bond Over the Last Year
| 7.1% | Morningstar Multisector Bond (MSTMX) |
| 6.0% | Fidelity Advisor Strategic Income Z (FIWDX) |
| 5.4% | Russell Inv Opportunistic Credit Y (RGCYX) |
| 5.4% | Russell Inv Opportunistic Credit M (RGOTX) |
| 5.2% | Payden Managed Income SI (PKBIX) |
Fund Details
Columbia Strategic Income S Overview
Columbia Strategic Income S (LSIDX) is an actively managed Taxable Bond Multisector Bond fund. Columbia Threadneedle launched the fund in 2024.
The investment seeks total return, consisting of current income and capital appreciation. Under normal circumstances, the fund has substantial exposure to fixed-income/debt markets. It may invest in U.S. government bonds and notes, U.S. and international bonds and notes, investment grade corporate (or similar) bonds and notes, mortgage- and other asset-backed securities, high yield (i.e., junk) instruments, floating rate loans and other floating rate debt securities, inflation-protected/linked securities, convertible securities, cash/cash equivalents, as well as foreign government, sovereign and quasi-sovereign debt investments.
About Columbia Strategic Income S (LSIDX)
There are 3 members of the management team with an average tenure of 10.11 years: Jason Callan (2017), Gene Tannuzzo (2010), Alex Christensen (2021). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and ICE BofA US Cash Pay HY Constnd TR USD index with a weighting of 100%. Columbia Strategic Income S has 1293 securities in its portfolio. The top 10 holdings constitute 20.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Columbia Strategic Income S is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Columbia Strategic Income S has 16.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.4%. There is 0.0% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 91.0% (74.6% domestic bond, 16.4% foreign bond and 0.0% convertible bond). Columbia Strategic Income S has 8.2% of the portfolio in cash.
Assets Under Management
The fund has $16 million in total assets, which is below the $1 billion average for the Multisector Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
LSIDX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Columbia Strategic Income S expense ratio is above average compared to funds in the Multisector Bond category. Columbia Strategic Income S has an expense ratio of 0.69%, which is 26% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Columbia Strategic Income S has a portfolio turnover rate of 232%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 162% for the Multisector Bond category.
Recently, in the month of July 2026, Columbia Strategic Income S returned -0.9%, which earned it a grade of D, as the Multisector Bond category had an average return of -0.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Columbia Strategic Income S has a trailing yield of 5.46%, which is above the 5.31% category average. The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Columbia Strategic Income S Grades
Year to date, the fund has returned 0.9%, 0.0 percentage points better than the category, which translates into a grade of C. The fund has returned 3.5% over the past year (grade of D), 5.8% over the past three years (grade of D) and 1.8% per year over the past five years (grade of D) and 3.4% per year over the past 10 years (grade of C).
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LSIDX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| LSIDX Return (NAV) | -0.9% | 0.0% | 3.5% | 5.8% | 1.8% | 3.4% |
| LSIDX Grade | D | C | D | D | D | C |
| +/- Category | -0.1% | -0.0% | -0.8% | -0.5% | -0.6% | -0.1% |
| Multisector Bond Avg | -0.7% | 0.0% | 4.3% | 6.3% | 2.4% | 3.5% |
| LSIDX Tax Cost Ratio | na | na | 2.2% | na | na | na |
LSIDX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LSIDX Return (NAV) | 0.9% | 7.3% | 4.5% | 9.9% | -11.4% | 1.6% | 7.1% | 10.2% | -1.0% | 5.9% | 7.8% |
| LSIDX Grade | C | D | F | B | C | D | C | C | B | D | C |
| +/- Category | 0.0% | -0.8% | -1.2% | 1.4% | -1.2% | -0.7% | 0.8% | -0.1% | 0.9% | -0.7% | 0.3% |
| Multisector Bond Avg | 0.9% | 8.1% | 5.7% | 8.4% | -10.1% | 2.2% | 6.3% | 10.3% | -1.9% | 6.6% | 7.5% |
| Risk Measures | |
| Standard Deviation: | 4.8% |
| Total Risk Index: | 0.39 - Low |
| Category Risk Index: | 1.07 - Average |
| Category Risk Grade: | C (58% Rank) |
| Beta: | 0.82 |
| R-Squared: | 95% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Value |
| Bond Investment Style: | na Limited Sensitivity |
| Yield: | 5.5% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $5962 Mil |
| Fund Total Assets: | $ 16 Mil |
| Share Class Type: | S |
| Portfolio Turnover: | 232% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 16.2 years | |||
| Average Tenure: 10.1 years | |||
| Managers (Year): Tannuzzo Gene (2010), Callan Jason (2017), Christensen Alex (2021) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 1293 |
| % in Top 10 Holdings: | 20.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 16.4% |
Portfolio Allocation |
|
| Domestic Stock: | 0.4% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.1% |
| Domestic Bond: | 74.6% |
| Foreign Bond: | 16.4% |
| Convertible Bond: | 0.0% |
| Other: | 0.3% |
| Cash: | 8.2% |
Purchase Information
| Fund Family: | Columbia Threadneedle |
| Phone Number: | 800-345-6611 |
| Website: | www.columbiathreadneedleus.com |
| Status: | Open |
| Inception Date: | October 2, 2024 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.69% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.94% |
| Share Class: | Columbia Strategic Income A |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
