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ACRNX Columbia Acorn Z

  • Fund
  • ACRNX
  • Price as of: Aug 08, 2016
  • $18.31
  • - $0.03
  • - 0.16%
  • Category
  • Mid Cap Growth Equities

ACRNX - Profile

Vitals

  • YTD Return -5.3%
  • 3 Yr Annualized Return 5.2%
  • 5 Yr Annualized Return 8.2%
  • Net Assets $5.72 B
  • Holdings in Top 10 15.6%

52 WEEK LOW AND HIGH

$18.31
$16.21
$31.44

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.80%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 21.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$1,000

Investment Themes

CATEGORY

Mid Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Growth

Distributions

  • YTD Total Return -5.3%
  • 3 Yr Annualized Total Return 5.2%
  • 5 Yr Annualized Total Return 8.2%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio -0.11%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Columbia Acorn Fund
  • Fund Family Name Columbia
  • Inception Date Jun 10, 1970
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Fritz Kaegi

Fund Description

The Columbia Acorn Fund (ACRNX) is an actively managed mutual fund issued by Columbia and advised by Columbia Wanger Asset Management LLC. The fund was incepted on June 9, 1970 and was managed by Robert A. Mohn since 2003 and David L. Frank since 2014. The fund currently has approximately $17 billion in assets under management (AUM). The fund’s primary objective is to seek long-term capital appreciation.

The fund typically invests the majority of its assets in common stock of small and mid-sized companies. These companies are usually based in the United States and have a market capitalization that is under $5 billion at the time of purchase. In some cases, the fund will hold stocks that have exceeded the $5 billion market capitalization or will make initial investments in larger companies. According to the fund’s management, stocks below $5 billion can often have high growth potential and can often be missed by analysts that focus on larger sized companies. In general, the fund’s management seeks investments that have a strong business franchise with growth potential, competitive advantage and an attractive stock price. The mutual fund’s portfolio is balanced among sectors. The sectors with the largest weight in the portfolio are industrial goods, technology and consumer cyclicals. This fund focuses on investing in securities based in the United States, but will invest abroad (including emerging markets) in some cases.

This fund is subject to regular market risks including active management risk, small and mid-cap risk, issuer risk, foreign stock risk, emerging markets risk, sector risk and currency risk. Investors are benefited from diversification in this fund, but should be aware of the risks listed above.

The Columbia Acorn Fund requires a minimum initial investment of $2,000 for both regular and IRA accounts.

ACRNX - Performance

Return Ranking - Trailing

Period ACRNX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -5.3% -59.7% 14.3% 91.53% 5
1 Yr -1.9% -19.6% 21.1% 45.16% 3
3 Yr 5.2% * -1.9% 13.7% 83.90% 5
5 Yr 8.2% * 0.3% 17.8% 73.07% 4
10 Yr 7.3% * 1.0% 13.0% 66.67% 4

* Annualized


Return Ranking - Calendar

Period ACRNX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -39.5% -82.5% 12.2% 97.44% 5
2014 -14.4% -14.4% 11.1% 100.00% 3
2013 22.6% 22.6% 52.2% 100.00% 3
2012 10.5% 10.5% 21.2% 100.00% 3
2011 -8.7% -8.7% -2.4% 100.00% 3

Total Return Ranking - Trailing

Period ACRNX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -5.3% -59.7% 14.3% 92.00% 5
1 Yr -1.9% -23.7% 18.3% 38.45% 2
3 Yr 5.2% * -3.0% 13.7% 79.02% 4
5 Yr 8.2% * -0.1% 17.8% 70.50% 4
10 Yr 7.3% * 1.0% 13.0% 65.17% 4

* Annualized


Total Return Ranking - Calendar

Period ACRNX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -39.5% -82.5% 12.2% 97.43% 5
2014 -12.6% -12.6% 11.1% 100.00% 3
2013 33.8% 33.8% 56.3% 100.00% 3
2012 21.6% 21.6% 21.9% 100.00% 3
2011 -5.7% -5.7% -0.5% 100.00% 3

NAV & Total Return History

ACRNX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

ACRNX Category Low Category High ACRNX % Rank Quintile
Net Assets 5.72 B 281 K 24.3 B 2.53% 1
Number of Holdings 139 3 2247 4.31% 1
Net Assets in Top 10 859 M 84.9 K 4.26 B 4.31% 1
Weighting of Top 10 15.6% 6.1% 114.7% 31.50% 5

Top 10 Holdings

  1. Align Technology Inc 2.70%
  2. Expeditors International of Washington Inc 1.64%
  3. Vail Resorts Inc 1.59%
  4. Education Realty Trust Inc 1.67%
  5. Healthsouth Corp 1.37%
  6. VWR Corp 1.48%
  7. Robert Half International Inc 1.41%
  8. Acuity Brands Inc 1.28%
  9. Lazard Ltd Shs A 1.25%
  10. Toro Co 1.23%

Asset Allocation

Weighting Category Low Category High ACRNX % Rank Quintile
Stocks
98.48% 15.06% 129.31% 8.02% 2
Other
1.52% -10.78% 79.22% 3.86% 1
Preferred Stocks
0.00% 0.00% 4.08% 2.38% 5
Convertible Bonds
0.00% 0.00% 2.46% 1.34% 5
Cash
0.00% -29.52% 61.28% 27.04% 5
Bonds
0.00% 0.00% 57.07% 2.08% 5

Stock Sector Breakdown

Weighting Category Low Category High ACRNX % Rank Quintile
Industrials
21.69% 0.00% 37.21% 7.58% 2
Healthcare
19.52% 0.00% 37.79% 3.86% 1
Consumer Cyclical
19.41% 0.00% 46.86% 13.67% 3
Technology
15.14% 0.00% 50.72% 22.88% 4
Financial Services
10.96% 0.00% 29.03% 9.96% 2
Real Estate
5.27% 0.00% 30.46% 7.13% 2
Basic Materials
2.92% -0.01% 10.74% 17.98% 3
Energy
2.45% 0.00% 12.68% 14.26% 3
Communication Services
1.12% 0.00% 15.92% 14.71% 3
Consumer Defense
0.00% -0.01% 60.63% 30.01% 5
Utilities
0.00% -0.01% 14.29% 8.77% 5

Stock Geographic Breakdown

Weighting Category Low Category High ACRNX % Rank Quintile
US
95.88% 14.94% 120.97% 9.06% 2
Non US
2.60% 0.00% 26.42% 18.28% 3

ACRNX - Expenses

Operational Fees

ACRNX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.80% 0.08% 111.05% 27.57% 1
Management Fee 0.65% 0.05% 1.50% 5.05% 2
12b-1 Fee 0.00% 0.00% 1.00% 5.01% 1
Administrative Fee 0.05% 0.00% 25000.00% 6.45% 2

Sales Fees

ACRNX Fees (% of AUM) Category Low Category High ACRNX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

ACRNX Fees (% of AUM) Category Low Category High ACRNX Rank Quintile
Max Redemption Fee N/A 0.05% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ACRNX Fees (% of AUM) Category Low Category High ACRNX Rank Quintile
Turnover 21.00% 0.00% 611.00% 19.67% 1

ACRNX - Distributions

Dividend Yield Analysis

ACRNX Category Low Category High ACRNX % Rank Quintile
Dividend Yield 0.1% 0.00% 5.39% 41.33% 3

Dividend Distribution Analysis

ACRNX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

ACRNX Category Low Category High ACRNX % Rank Quintile
Net Income Ratio -0.11% -2.29% 6.10% 11.77% 2

Capital Gain Distribution Analysis

ACRNX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

ACRNX - Managers

Fritz Kaegi

Manager

Start Date

May 01, 2015

Tenure

1.25

Tenure Rank

15.6%

Portfolio Manager and Analyst of the Adviser; associated with the Adviser or its predecessors as an investment professional since 2004. Mr. Kaegi began his investment career in 1998 and earned a B.A. from Haverford College and an M.B.A. from the Stanford Graduate School of Business.


P. Zachary Egan

Manager

Start Date

May 01, 2015

Tenure

1.25

Tenure Rank

15.6%

Mr. Egan is President and International Chief Investment Officer of the Investment Manager and has been associated with the Investment Manager or its predecessors as an investment professional since 1999. He has been President of the Trust since April 2014 and served as a Vice President of the Trust from 2003 through March 2014. Mr. Egan began his investment career in 1999 and earned a B.A. from Middlebury College and an M.A. from the University of Chicago.


Matthew A. Litfin

Manager

Start Date

Jan 01, 2016

Tenure

0.58

Tenure Rank

16.2%

Matthew Litfin is a portfolio manager at Columbia Wanger Asset Management. Mr Litfin joined CWAM from William Blair & Company. Litfin is a principal of William Blair & Company, L.L.C., he has been with the company since 1997 when he started as a sell-side Research Analyst. Litfin led the firm’s sell-side Business Services equity research effort from 2005 to 2007. He joined William Blair’s Investment Management Department in 2007 as a research analyst supporting the Small-Mid Cap Growth team. Prior to joining William Blair, Litfin spent two years as a municipal bond analyst at John Nuveen & Co. He holds B.S., University of Tennessee; M.B.A., Harvard University.


Tenure Analysis

Category Low

0.0

Category High

47.1

Category Average

7.27

Category Mode

1.6