Chief Economist and Direct of Fixed Income
The Commerce Trust Company, a division of Commerce Bank
Scott Colbert is the chief economist and director of fixed income management with The Commerce Trust Company. He joined Commerce in 1993 and has investment responsibilities for over $21 billion in fixed income assets. Scott directly manages the Commerce Short-Term Government Fund (CFSTX) and the flagship Commerce Bond Fund (CFBNX). Both funds have been routinely rated by Morningstar as four- and five-star funds. Additionally, the fixed income group Scott leads won two consecutive Lipper awards in 2013 and 2014 for the Best Fixed Income Small Fund Group in the country, beating out 67 other nationally recognized fund groups.The Commerce Short-Term Government Fund (CFSTX) ranked “Best Fund over 3 Years Short U.S.
Government Funds” for 2011, according to Lipper, and was the highest ranked short government fund for five years as reported in U.S. News & World Report in June 2015. In the May 2012 issue of Bloomberg Markets, the Commerce Bond Fund (currently five star rated) was recognized in its “The Best-Performing Mutual Funds” article as one of the top 10 risk-adjusted funds, regardless of asset class, over the past 5 years.
Prior to joining Commerce Bank, Scott worked for The Cincinnati Gas and Electric Company, Fifth Third Bank, and ARMCO Inc. Scott received his Bachelor of Science degree in nuclear engineering from the University of Cincinnati in 1986 and received his master of business administration from Xavier University