Key stats
About Columbia Diversified Fixed Income Allocation ETF
Expense ratio
0.28%
Home page
Inception date
Oct 12, 2017
ISIN
US19761L5084
DIAL tracks an index that provides exposure to six different sectors within the fixed income space. The index assigns each of the six sectors a fixed target weight: 30% to US high-yield corporate bonds, 20% to emerging-markets sovereign debt, 15% to US investment-grade corporate bonds, 15% to US mortgage-backed securities, 10% to US Treasuries, and 10% to global sovereign bonds ex-US. While the sector allocations are kept static, the underlying securities in each sector change during each annual reconstitution. All sector sub-indexes are selected and weighted by market value, except for the global sovereign bonds sector, which is equally weighted. Considering that half of the portfolio is reserved for US high-yield bonds and emerging-market sovereign debt, DIAL isnt the best representation of the global fixed income space. However, it boasts one of the lowest expense ratios in the segment.
Classification
What's in the fund
Exposure type
Corporate
Government
Securitized
Stocks0.49%
Finance0.28%
Communications0.21%
Bonds, Cash & Other99.51%
Corporate43.66%
Government37.69%
Securitized13.46%
Mutual fund4.44%
Cash0.16%
Miscellaneous0.11%