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Name

As of

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

Multi-Manager Directional Alternative Strategies Fund

CDAAX |

-

$252 M

0.00%

2.42%

Vitals

YTD Return

0.3%

1 yr return

2.5%

3 Yr Avg Return

-12.7%

5 Yr Avg Return

N/A

Net Assets

$252 M

Holdings in Top 10

18.6%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.42%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 48.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$100

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

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

Multi-Manager Directional Alternative Strategies Fund

CDAAX |

-

$252 M

0.00%

2.42%

CDAAX - Profile

Distributions

  • YTD Total Return 0.3%
  • 3 Yr Annualized Total Return 1.5%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.38%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Multi-Manager Directional Alternative Strategies Fund
  • Fund Family Name
    Columbia
  • Inception Date
    Oct 17, 2016
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

CDAAX - Performance

Return Ranking - Trailing

Period CDAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -21.5% 36.6% 50.96%
1 Yr 2.5% -22.0% 26.3% 39.00%
3 Yr -12.7%* -29.8% 13.1% 93.33%
5 Yr N/A* -20.1% 9.3% N/A
10 Yr N/A* -2.6% 3.9% N/A

* Annualized

Return Ranking - Calendar

Period CDAAX Return Category Return Low Category Return High Rank in Category (%)
2023 7.1% -12.2% 28.0% 51.00%
2022 -41.1% -41.4% 4.6% 98.95%
2021 7.4% -67.1% 21.4% 35.71%
2020 N/A -17.3% 25.3% N/A
2019 N/A -26.2% 11.6% N/A

Total Return Ranking - Trailing

Period CDAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -21.5% 36.6% 50.96%
1 Yr 2.5% -22.0% 26.3% 39.00%
3 Yr 1.5%* -13.6% 13.1% 43.33%
5 Yr N/A* -4.3% 9.3% N/A
10 Yr N/A* -0.7% 9.0% N/A

* Annualized

Total Return Ranking - Calendar

Period CDAAX Return Category Return Low Category Return High Rank in Category (%)
2023 7.1% -12.2% 28.0% 51.00%
2022 -11.8% -21.4% 8.2% 75.79%
2021 12.9% -2.5% 25.0% 35.71%
2020 N/A -7.5% 25.3% N/A
2019 N/A -26.2% 11.6% N/A

CDAAX - Holdings

Concentration Analysis

CDAAX Category Low Category High CDAAX % Rank
Net Assets 252 M 1.39 M 1.73 B 24.51%
Number of Holdings 785 6 2516 12.87%
Net Assets in Top 10 42.5 M -166 M 813 M 28.71%
Weighting of Top 10 18.62% 4.1% 93.9% 86.59%

Top 10 Holdings

  1. E-mini S&P 500 Mar20 10.35%
  2. TOPIX Future Mar20 1.39%
  3. FTSE 100 INDEX MAR 20 0.91%
  4. Hitachi Ltd 0.88%
  5. KLA Corp 0.86%
  6. Tesla Inc 0.86%
  7. Air Canada Class B 0.86%
  8. CDW Corp 0.85%
  9. Citigroup Inc 0.84%
  10. Vornado Realty Trust 0.82%

Asset Allocation

Weighting Return Low Return High CDAAX % Rank
Stocks 		59.71% -8.34% 78.93% 29.13%
Cash 		39.32% -95.75% 96.50% 38.61%
Other 		0.97% -13.12% 131.29% 36.63%
Preferred Stocks 		0.00% 0.00% 3.08% 87.13%
Convertible Bonds 		0.00% 0.00% 20.87% 91.09%
Bonds 		0.00% -1.14% 78.41% 88.35%

Stock Sector Breakdown

Weighting Return Low Return High CDAAX % Rank
Technology 		14.88% 0.00% 29.73% 45.45%
Financial Services 		14.62% 0.00% 98.13% 56.82%
Industrials 		13.71% 0.00% 30.02% 28.41%
Healthcare 		11.84% 0.00% 30.83% 56.82%
Consumer Cyclical 		11.51% 0.00% 33.57% 38.64%
Communication Services 		8.55% 0.00% 100.00% 39.77%
Consumer Defense 		7.74% 0.00% 15.66% 26.14%
Basic Materials 		5.40% 0.00% 81.58% 20.45%
Energy 		5.11% 0.00% 57.37% 11.36%
Utilities 		3.92% 0.00% 65.98% 21.59%
Real Estate 		2.72% 0.00% 16.28% 45.45%

Stock Geographic Breakdown

Weighting Return Low Return High CDAAX % Rank
US 		42.54% -8.90% 104.47% 31.68%
Non US 		17.17% -49.91% 64.14% 28.71%

CDAAX - Expenses

Operational Fees

CDAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.42% 0.90% 12.79% 46.60%
Management Fee 1.60% 0.35% 2.00% 92.31%
12b-1 Fee 0.25% 0.00% 1.00% 64.18%
Administrative Fee N/A 0.04% 0.45% N/A

Sales Fees

CDAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.25% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

CDAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

CDAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 48.00% 0.00% 446.00% 19.39%

CDAAX - Distributions

Dividend Yield Analysis

CDAAX Category Low Category High CDAAX % Rank
Dividend Yield 0.00% 0.00% 0.36% 88.46%

Dividend Distribution Analysis

CDAAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

CDAAX Category Low Category High CDAAX % Rank
Net Income Ratio -0.38% -2.48% 4.55% 82.52%

Capital Gain Distribution Analysis

CDAAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

CDAAX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.51 19.52 5.04 6.18

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