The Columbia Adaptive Retirement 2030 Fund Class Adv (CARLX) is a mutual fund that focuses on providing investors with a diversified portfolio of assets that are tailored to their retirement goals. This fund is specifically designed for investors who plan to retire in the year 2030, making it a target-date fund. It aims to gradually shift its asset allocation to more conservative investments as the target date approaches, reducing risk and volatility. The "Class Adv" designation indicates that this fund has a higher minimum investment requirement and may have lower fees compared to other classes of the same fund. Overall, the Columbia Adaptive Retirement 2030 Fund Class Adv offers a convenient and efficient way for investors to plan for their retirement in a disciplined and strategic manner.