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Name

As of 12/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Columbia Research Enhanced Real Estate ETF

CRED | ETF

$21.49

$3.61 M

4.62%

$0.99

0.33%

Vitals

YTD Return

4.6%

1 yr return

4.6%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$3.61 M

Holdings in Top 10

57.6%

52 WEEK LOW AND HIGH

$21.7
$19.39
$24.20

Expenses

OPERATING FEES

Expense Ratio 0.33%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 12/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Columbia Research Enhanced Real Estate ETF

CRED | ETF

$21.49

$3.61 M

4.62%

$0.99

0.33%

CRED - Profile

Distributions

  • YTD Total Return 4.6%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 4.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Columbia Research Enhanced Real Estate ETF
  • Fund Family Name
    Columbia Funds Complex
  • Inception Date
    Apr 26, 2023
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    James Mauro

Fund Description

The Fund is an exchange-traded fund (ETF) that seeks to replicate the performance of the Beta Advantage® Lionstone Research Enhanced REIT Index (the Index). The Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in the component securities of the Index. The Index reflects a rules-based strategic beta approach to investing in the companies that comprise the FTSE Nareit All Equity REITs Index (the Starting Universe), which is a broad measure of the performance of publicly listed U.S real estate investment trusts (REITs). The Index is comprised of a subset of the companies within the Starting Universe selected based on a proprietary scoring system that takes into account multiple quantitative factors, including quality, value and company catalyst factors. Like the Starting Universe, the Index and the Fund typically hold only common stocks. The Fund may invest in companies of any size, including small- and mid-cap companies.
The Index was developed by the Fund’s investment adviser, Columbia Management Investment Advisers, LLC (Columbia Management or the Investment Manager), in collaboration with its real estate investment advisory subsidiary, Lionstone Partners, LLC (Lionstone). The Index is sponsored and administered by Columbia Management, and is calculated by Solactive AG (the Index Calculation Agent).
The Fund uses a replication strategy to track the performance of the Index, whereby the Fund invests in or has investment exposure to substantially all the component securities of the Index in approximately the same proportions as in the Index. However, under various circumstances, including circumstances under which it may not be possible or practicable to purchase all of the securities in the Index, or in the same weightings, the Fund may purchase or have investment exposure to a sample of the securities in the Index in proportions expected to replicate generally the performance of the Index as a whole. There may also be instances in which the Fund may overweight (or underweight) an Index holding, purchase (or sell) instruments not in the Index as a substitute for one or more securities in the Index or utilize various combinations of other available investment techniques in seeking to replicate the performance of the Index.
The Fund may sell securities or other holdings that are represented in the Index or purchase securities or make other investments that are not yet represented in the Index in anticipation of their removal from or addition to the Index.
Neither the Investment Manager nor Lionstone provides day-to-day management of the Fund’s assets based on its view of the investment merits of a security, nor do they conduct fundamental investment research or analysis, or seek to forecast or otherwise consider market movements, conditions or trends in the day-to-day management of the Fund’s assets. The Fund pursues its investment objective of correlating performance with the Index regardless of market conditions and does not take defensive positions.
The methodology applied to select Index holdings and weightings does not set limits on sector or industry exposures. To the extent the Index is concentrated in a sector or industry, the Fund will be concentrated in that sector or industry. The Index (and therefore the Fund) will concentrate in the real estate industry.
The Fund may invest up to 20% of its assets in other securities or instruments not included within the Index that the Investment Manager believes will help the Fund replicate the performance of the Index.
The Fund is non-diversified, which means that it can invest a greater percentage of its assets in the securities of fewer issuers than can a diversified fund.
Read More

CRED - Performance

Return Ranking - Trailing

Period CRED Return Category Return Low Category Return High Rank in Category (%)
YTD 4.6% -87.1% 10.7% N/A
1 Yr 4.6% -17.3% 45.4% 64.54%
3 Yr N/A* -3.3% 11.9% 78.40%
5 Yr N/A* -1.4% 8.1% 67.56%
10 Yr N/A* 0.7% 5.6% 71.64%

* Annualized

Return Ranking - Calendar

Period CRED Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -85.3% 4.9% N/A
2022 N/A -44.7% 31.5% 6.00%
2021 N/A -23.2% 34.5% 9.42%
2020 N/A -52.7% 4.7% 32.73%
2019 N/A -3.5% 18.3% 75.27%

Total Return Ranking - Trailing

Period CRED Return Category Return Low Category Return High Rank in Category (%)
YTD 4.6% -87.1% 10.7% N/A
1 Yr 4.6% -18.3% 42.5% 61.17%
3 Yr N/A* -3.3% 11.2% 73.31%
5 Yr N/A* -1.4% 7.7% 63.30%
10 Yr N/A* 0.7% 5.6% 67.16%

* Annualized

Total Return Ranking - Calendar

Period CRED Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -85.3% 4.9% N/A
2022 N/A -44.7% 31.5% 0.50%
2021 N/A -23.2% 34.5% 0.32%
2020 N/A -52.7% 92.1% 0.36%
2019 N/A -3.5% 18.3% 83.33%

CRED - Holdings

Concentration Analysis

CRED Category Low Category High CRED % Rank
Net Assets 3.61 M 6.52 M 44.4 B 6.41%
Number of Holdings 72 1 9191 0.24%
Net Assets in Top 10 2.07 M -29.6 M 3.34 B 22.25%
Weighting of Top 10 57.55% 1.8% 100.0% 99.75%

Top 10 Holdings

  1. American Tower Corp 11.56%
  2. Crown Castle Inc 7.43%
  3. Simon Property Group Inc 7.40%
  4. Equinix Inc 6.79%
  5. Realty Income Corp 6.09%
  6. Digital Realty Trust Inc 5.46%
  7. Iron Mountain Inc 3.63%
  8. AvalonBay Communities Inc 3.26%
  9. Mid-America Apartment Communities Inc 3.23%
  10. SBA Communications Corp 2.72%

Asset Allocation

Weighting Return Low Return High CRED % Rank
Stocks 		99.25% 0.00% 5.27% 20.78%
Cash 		0.75% -49.09% 100.00% 38.88%
Preferred Stocks 		0.00% 0.00% 9.18% 30.32%
Other 		0.00% -38.92% 3.98% 15.89%
Convertible Bonds 		0.00% 0.00% 78.47% 26.41%
Bonds 		0.00% 0.00% 141.47% 61.61%

Stock Sector Breakdown

Weighting Return Low Return High CRED % Rank
Utilities 		0.00% 0.00% 100.00% N/A
Technology 		0.00% 0.00% 24.68% N/A
Real Estate 		0.00% 0.00% 100.00% N/A
Industrials 		0.00% 0.00% 8.34% N/A
Healthcare 		0.00% 0.00% 14.32% N/A
Financial Services 		0.00% 0.00% 100.00% N/A
Energy 		0.00% 0.00% 93.26% N/A
Communication Services 		0.00% 0.00% 8.64% N/A
Consumer Defense 		0.00% 0.00% 7.33% N/A
Consumer Cyclical 		0.00% 0.00% 11.22% N/A
Basic Materials 		0.00% 0.00% 3.60% N/A

Stock Geographic Breakdown

Weighting Return Low Return High CRED % Rank
US 		99.25% 0.00% 5.27% 20.78%
Non US 		0.00% 0.00% 0.23% 16.63%

CRED - Expenses

Operational Fees

CRED Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.33% 0.03% 3.62% 97.99%
Management Fee 0.33% 0.00% 1.35% 5.11%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.45% N/A

Sales Fees

CRED Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

CRED Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

CRED Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 259.00% 3.21%

CRED - Distributions

Dividend Yield Analysis

CRED Category Low Category High CRED % Rank
Dividend Yield 4.62% 0.00% 46.82% 87.25%

Dividend Distribution Analysis

CRED Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Monthly Monthly Monthly

Net Income Ratio Analysis

CRED Category Low Category High CRED % Rank
Net Income Ratio N/A -0.69% 7.58% 43.61%

Capital Gain Distribution Analysis

CRED Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

CRED - Fund Manager Analysis

Managers

James Mauro

Start Date

Tenure

Tenure Rank

Jul 01, 2011

10.92

10.9%

Head of San Francisco Fixed Income Core PM at BlackRock, Inc. since 2020; Managing Director of BlackRock, Inc. since 2015; Director of BlackRock, Inc. from 2010 to 2014; Vice President of State Street Global Advisors from 2001 to 2010. James Mauro has been employed by BlackRock Fund Advisors and BlackRock Institutional Trust Company, N.A. (“BTC”) as a portfolio manager since 2011. Prior to joining BTC, Mr. Mauro was a Vice President at State Street Global Advisors. His primary responsibilities include management of all government, inflation linked and derivative strategies. Other responsibilities include hedging and managing risk across all asset classes through futures and option overlays. James joined State Street Corporation in 1993. Previously, he worked as a portfolio manager on the passive team where he co-managed several Bond Index portfolios.

Karen Uyehara

Start Date

Tenure

Tenure Rank

Jun 29, 2021

0.92

0.9%

Ms. Uyehara is a Director of BlackRock, which she joined in 2010. Ms. Uyehara is a portfolio manager and member of BlackRock’s Model-Based Fixed Income Portfolio Management Group. Prior to joining BlackRock, Ms. Uyehara was a portfolio manager at Western Asset Management Company from2002 to 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 24.76 5.74 2.41

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