Multisector Bond Competition

MBSAX Fund

USD 13.79 -0.12 -0.86%

The fund is listed under the Miscellaneous Fixed Income category and is part of the Columbia family. The entity is thematically classified as Corporate Bonds Funds. Multisector Bond Sma competes with TRANSAMERICA MLP, IVY ENERGY, World Energy, GMO Resources, and OIL GAS and other related companies. This provides context for comparative analysis. Peer comparison for Multisector Bond provides quick context before deeper valuation work.

Multisector Bond vs ClearBridge Energy Correlation Overview

Very weak diversification

For the present investment horizon, the measured correlation between MBSAX and XEMOX stands at 0.52, or Very weak diversification. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.

Moving together with Multisector Mutual Fund

0.93	SRINX	Columbia Porate Income	Pair Corr
0.69	CUSBX	Columbia Ultra Short	Pair Corr
0.69	CUTRX	Columbia Treasury Index	Pair Corr
0.81	CUURX	Columbia Small Cap	Pair Corr

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Multisector Bond's price to converge to an average value over time is called mean reversion.

Hype

Prediction

Low	Estimated	High
13.52	13.79	14.06

Details

Intrinsic

Valuation

Low	Real	High
13.57	13.84	14.11

Details

Naive

Forecast

Low	Next	High
13.39	13.66	13.94

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
13.88	14.08	14.29

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Multisector Bond. Your research has to be compared to or analyzed against Multisector Bond's peers to derive any actionable benefits.

Multisector Bond Competition Correlation Matrix

Correlation analysis between Multisector Bond Sma and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	TMCLX	IVEIX	AAWEX	ALEFX	GMOWX	ENPSX	XEMOX
TMCLX		0.86	0.98	0.99	0.91	0.97	1.0	TMCLX
IVEIX	0.86		0.91	0.88	0.97	0.94	0.86	IVEIX
AAWEX	0.98	0.91		0.98	0.95	0.98	0.98	AAWEX
ALEFX	0.99	0.88	0.98		0.92	0.98	0.99	ALEFX
GMOWX	0.91	0.97	0.95	0.92		0.95	0.91	GMOWX
ENPSX	0.97	0.94	0.98	0.98	0.95		0.97	ENPSX
XEMOX	1.0	0.86	0.98	0.99	0.91	0.97		XEMOX
	TMCLX	IVEIX	AAWEX	ALEFX	GMOWX	ENPSX	XEMOX

Risk-Adjusted Indicators

There is a big difference between Multisector Mutual Fund performing well and Multisector Bond Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Multisector Bond's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
TMCLX	0.64	0.22	0.35	-2.70	0.40	-0.79	1.44	-1.02	3.20
IVEIX	0.62	0.24	0.27	0.35	0.56	-0.67	1.63	-1.25	4.44
AAWEX	0.89	0.25	0.28	-13.10	0.75	-1.04	2.46	-1.41	5.49
ALEFX	0.71	0.24	0.34	-4.61	0.54	-0.85	1.61	-1.03	3.39
GMOWX	1.08	0.29	0.23	-1.26	1.31	-1.19	2.52	-2.75	7.24
ENPSX	1.63	0.53	0.30	1.87	1.45	-1.86	3.93	-2.80	7.98
XEMOX	0.69	0.19	0.33	-1.78	0.54	-0.87	1.60	-0.94	3.55

Multisector Bond Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	MBSAX	TMCLX	IVEIX	AAWEX	ALEFX	GMOWX	ENPSX	XEMOX
	0.86 13.79 Multisector	0.78 10.38 TRANSAMERICA	0.47 12.78 IVY	1.31 21.65 World	0.46 15.00 Alpsalerian	0.77 26.02 GMO	1.30 49.01 OIL	1.17 56.85 ClearBridge
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Weak	Firm	Constructive	Constructive	Firm	Constructive	Constructive	Constructive
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Fair	Low	Low	Fair
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued	Over Valued	Over Valued	Fairly Valued	Over Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Hold	Strong Buy	Strong Sell	Cautious Hold	Cautious Hold	Strong Buy	Hold
Net Asset	23.13 M	152.07 M	572.67 M	57.51 M	N/A	2.1 B	25.64 M	N/A
Price To Book	N/A	1.83 X	1.69 X	1.53 X	N/A	N/A	1.55 X	N/A
Five Year Return	6.46 %	16.25 %	14.51 %	19.95 %	N/A	N/A	24.02 %	N/A
One Year Return	8.70 %	23.97 %	38.60 %	58.06 %	N/A	N/A	42.48 %	N/A
Last Dividend Paid	N/A	0.06	0.15	0.02	0.14	N/A	0.14	0.23
Price To Earning	N/A	16.03 X	35.02 X	25.44 X	N/A	N/A	32.66 X	N/A
Price To Sales	N/A	0.56 X	2.17 X	1.31 X	N/A	N/A	1.32 X	N/A
Cash Position Weight	41.91 %	3.30 %	3.56 %	0.85 %	N/A	N/A	18.18 %	N/A
Equity Positions Weight	N/A	95.28 %	96.44 %	92.81 %	N/A	N/A	77.51 %	N/A
Three Year Return	10.13 %	19.84 %	9.69 %	18.95 %	N/A	N/A	13.37 %	N/A
Annual Yield	0.0025 %	0.03 %	0.01 %	0.0039 %	N/A	0.04 %	0.01 %	N/A
Year To Date Return	1.33 %	19.54 %	11.26 %	21.10 %	N/A	N/A	39.54 %	N/A
Bond Positions Weight	58.09 %	N/A	N/A	3.58 %	N/A	N/A	N/A	N/A
Ten Year Return	N/A	N/A	-7.69 %	N/A	N/A	N/A	-7.33 %	N/A
Day Typical Price	13.79	10.38	12.78	21.65	15.0	26.02	49.01	56.85
Daily Balance Of Power	0	9.2 T	9.2 T	9.2 T	0	9.2 T	9.2 T	9.2 T
Period Momentum Indicator	-0.12	0.08	0.06	0.28	-0.07	0.2	0.63	0.66
Rate Of Daily Change	0.99	1.01	1.0	1.01	1.0	1.01	1.01	1.01
Day Median Price	13.79	10.38	12.78	21.65	15.0	26.02	49.01	56.85
Price Action Indicator	-0.06	0.04	0.03	0.14	-0.04	0.1	0.31	0.33
Relative Strength Index	36.4	71.11	63.69	66.3	69.53	60.3	67.82	67.3
Coefficient Of Variation	-2,340	357.13	389.65	454.44	365.63	459.77	391.61	429.12
Mean Deviation	0.2063	0.6432	0.6186	0.893	0.7061	1.08	1.63	0.6856
Jensen Alpha	-0.01	0.2177	0.2355	0.2467	0.2357	0.2896	0.5284	0.1897
Total Risk Alpha	-0.01	0.2712	0.2581	0.3178	0.2927	0.3868	0.6386	0.2477
Sortino Ratio	N/A	0.3487	0.2657	0.2838	0.3357	0.2259	0.3033	0.3252
Downside Variance	N/A	0.5967	0.9218	1.08	0.7259	2.38	3.45	0.5569
Standard Deviation	0.2731	0.8271	0.8467	1.17	0.9075	1.43	2.06	0.8793
Kurtosis	0.8772	0.5629	0.8008	0.3859	0.3924	0.8994	-0.21	0.6758
Potential Upside	0.4258	1.44	1.63	2.46	1.61	2.52	3.93	1.6
Treynor Ratio	-0.13	-2.70	0.3513	-13.10	-4.61	-1.26	1.87	-1.78
Maximum Drawdown	1.21	3.2	4.44	5.49	3.39	7.24	7.98	3.55
Variance	0.0746	0.6841	0.7169	1.37	0.8236	2.04	4.23	0.7732
Market Risk Adjusted Performance	-0.12	-2.69	0.3613	-13.09	-4.60	-1.25	1.88	-1.77
Risk Adjusted Performance	-0.05	0.2233	0.2049	0.1784	0.219	0.1776	0.2095	0.1865
Skewness	-0.69	0.0235	-0.16	0.2245	-0.07	-0.62	0.0149	0.0689
Semi Deviation	N/A	0.3992	0.5617	0.7545	0.5418	1.31	1.45	0.5421
Information Ratio	0.0956	0.3257	0.3013	0.2523	0.3151	0.2439	0.2737	0.276
Value At Risk	-0.50	-1.02	-1.25	-1.41	-1.03	-2.75	-2.80	-0.94
Expected Short fall	N/A	-0.79	-0.67	-1.04	-0.85	-1.19	-1.86	-0.87
Downside Deviation	N/A	0.7725	0.9601	1.04	0.852	1.54	1.86	0.7463
Semi Variance	N/A	0.1594	0.3155	0.5693	0.2936	1.73	2.09	0.2939

Peer Performance Charts

How to Analyze Multisector Bond Against Peers

Multisector Bond's peer analysis compares Multisector Bond with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether Multisector Bond trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where Multisector Bond leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

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Multisector Bond Competition

Multisector Bond vs ClearBridge Energy Correlation Overview

Very weak diversification

Moving together with Multisector Mutual Fund

Specify up to 10 symbols:

Multisector Bond Competition Correlation Matrix

Risk-Adjusted Indicators

Multisector Bond Competitive Analysis

Peer Performance Charts

How to Analyze Multisector Bond Against Peers

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