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ACRNX Columbia Acorn Inst

  • Fund
  • ACRNX
  • Price as of: Aug 15, 2019
  • $14.58 + $0.01 + 0.07%
  • Category
  • Mid Cap Growth Equities

ACRNX - Profile

Vitals

  • YTD Return 12.3%
  • 3 Yr Annualized Return -7.3%
  • 5 Yr Annualized Return -16.7%
  • Net Assets $4.39 B
  • Holdings in Top 10 15.6%

52 WEEK LOW AND HIGH

$14.58
$12.12
$17.76

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.85%

SALES FEES

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

BROKERAGE FEES

  • Turnover 66.00%

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 12.3%
  • 3 Yr Annualized Total Return 7.6%
  • 5 Yr Annualized Total Return 5.5%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.05%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 Matthew A. Litfin

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 (%)
YTD 12.3% -47.7% 49.8% 87.93%
1 Yr -14.6% -47.7% 20.6% 74.14%
3 Yr -7.3%* -23.8% 24.5% 93.27%
5 Yr -16.7%* -30.2% 15.3% 98.24%
10 Yr -3.6%* -11.8% 17.4% 97.46%

* Annualized


Return Ranking - Calendar

Period ACRNX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.7% -52.1% 9.2% 45.87%
2017 0.7% -38.9% 36.0% 95.20%
2016 -20.9% -61.7% 27.9% 97.26%
2015 -39.5% -82.5% 12.2% 98.63%
2014 -14.4% -23.5% 17.9% 93.70%

Total Return Ranking - Trailing

Period ACRNX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.3% -47.7% 49.8% 87.93%
1 Yr -14.6% -47.7% 29.8% 85.06%
3 Yr 7.6%* -22.2% 28.3% 63.08%
5 Yr 5.5%* -25.3% 17.4% 60.27%
10 Yr 10.9%* -6.4% 18.9% 59.15%

* Annualized


Total Return Ranking - Calendar

Period ACRNX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.7% -51.7% 12.2% 62.57%
2017 25.2% -7.0% 56.2% 30.90%
2016 10.7% -61.7% 27.9% 17.81%
2015 -2.1% -54.0% 12.2% 51.27%
2014 1.0% -23.5% 18.1% 69.31%

NAV & Total Return History

ACRNX - Holdings

Concentration Analysis

ACRNX Category Low Category High ACRNX % Rank
Net Assets 4.39 B 1.44 M 33.8 B 20.88%
Number of Holdings 127 13 2232 18.39%
Net Assets in Top 10 681 M 616 K 7.12 B 25.48%
Weighting of Top 10 15.63% 6.7% 148.7% 90.80%

Top 10 Holdings

  1. Booz Allen Hamilton Holding Corp Class A 1.79%

  2. CDW Corp 1.69%

  3. Grand Canyon Education Inc 1.63%

  4. Exact Sciences Corp 1.59%

  5. Masimo Corp 1.53%

  6. EPAM Systems Inc 1.52%

  7. Chemed Corp 1.50%

  8. Vail Resorts Inc 1.49%

  9. Seattle Genetics Inc 1.47%

  10. Tractor Supply Co 1.42%


Asset Allocation

Weighting Return Low Return High ACRNX % Rank
Stocks
99.04% 20.28% 127.86% 24.14%
Cash
0.96% -48.52% 36.01% 71.46%
Preferred Stocks
0.00% 0.00% 3.25% 64.75%
Other
0.00% -7.94% 70.89% 67.62%
Convertible Bonds
0.00% 0.00% 8.82% 64.18%
Bonds
0.00% -0.48% 43.05% 65.13%

Stock Sector Breakdown

Weighting Return Low Return High ACRNX % Rank
Technology
26.54% 0.00% 69.27% 51.53%
Healthcare
21.89% 0.00% 62.34% 8.43%
Industrials
17.12% 0.00% 38.67% 48.66%
Consumer Cyclical
16.81% 0.00% 48.02% 31.61%
Financial Services
7.03% 0.00% 40.09% 46.74%
Consumer Defense
3.04% 0.00% 17.24% 60.92%
Real Estate
2.95% 0.00% 48.22% 52.11%
Energy
1.77% 0.00% 14.07% 27.97%
Basic Materials
1.27% 0.00% 13.78% 68.39%
Communication Services
0.61% 0.00% 11.66% 35.63%
Utilities
0.00% 0.00% 11.12% 73.37%

Stock Geographic Breakdown

Weighting Return Low Return High ACRNX % Rank
US
96.44% 7.34% 123.93% 24.14%
Non US
2.60% 0.00% 70.47% 62.84%

ACRNX - Expenses

Operational Fees

ACRNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.85% 0.07% 6.14% 83.69%
Management Fee 0.67% 0.06% 1.50% 26.63%
12b-1 Fee 0.00% 0.00% 1.00% 14.84%
Administrative Fee 0.05% 0.01% 0.72% 20.25%

Sales Fees

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

Trading Fees

ACRNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.05% 2.00% 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 Return Low Category Return High Rank in Category (%)
Turnover 66.00% 1.85% 495.00% 71.21%

ACRNX - Distributions

Dividend Yield Analysis

ACRNX Category Low Category High ACRNX % Rank
Dividend Yield 0.00% 0.00% 0.05% 68.01%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

ACRNX Category Low Category High ACRNX % Rank
Net Income Ratio 0.05% -2.55% 4.79% 20.92%

Capital Gain Distribution Analysis

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

ACRNX - Managers

Matthew A. Litfin

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2016

3.58

3.6%

Matt Litfin is the director of U.S. research at Columbia Wanger Asset Management, LLC. He is also a co-portfolio manager for the firm’s flagship Columbia Acorn Fund; Columbia Variable Portfolio ‐ U.S. Equities Fund; Wanger USA, a variable insurance product; and the lead portfolio manager for Columbia Acorn USA, a small‐cap domestic equity mutual fund. Mr. Litfin joined the firm in 2015 and has been a member of the investment community since 1993. Prior to joining Columbia Wanger, Mr. Litfin’s experience includes working primarily with funds that invest in small- and mid-cap companies. He held positions as a partner, co-portfolio manager and equity research analyst at William Blair & Co. and as a municipal bond analyst at John Nuveen & Co. Mr. Litfin earned a B.S. from the University of Tennessee and an M.B.A. from the Harvard Business School. In addition, he holds the Chartered Financial Analyst® designation.


Erika K Maschmeyer

Manager

Start Date

Tenure

Tenure Rank

May 01, 2019

0.25

0.3%

Ms. Maschmeyer joined Columbia WAM, a Participating Affiliate, in 2016. Prior to joining Columbia WAM, Ms. Maschmeyer was a research analyst at Oak Ridge Investments where she was responsible for U.S. consumer discretionary/staples investments. Ms. Maschmeyer began her investment career in 2001 and earned a B.A. from Denison University and an M.B.A from the University of Chicago.


Richard Watson

Manager

Start Date

Tenure

Tenure Rank

May 01, 2019

0.25

0.3%

Mr. Watson has been associated with Columbia Wanger Asset Management LLC or its predecessors as an investment professional since 2006. Mr. Watson began his investment career in 2000 and earned a B.S. from the State University of New York and an MBA from DePaul University.


Tenure Analysis

Category Low

0.0

Category High

33.38

Category Average

8.62

Category Mode

8.84