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Columbia Acorn Inst
- ACRNX
- Price as of: Oct 23, 2020
-
$16.30
N/A N/A
- Primary Theme
- U.S. Mid-Cap Growth Equity
- Fund Company
- Columbia
- Share Class
ACRNX - Snapshot
Vitals
- YTD Return 11.6%
- 3 Yr Annualized Return 12.1%
- 5 Yr Annualized Return 13.4%
- Net Assets $4.34 B
- Holdings in Top 10 18.0%
52 WEEK LOW AND HIGH
$16.30
$10.00
$16.66
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.86%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 101.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
Closed to new investors as of Jul 10, 2020
- Standard (Taxable) $2,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Mid-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Mid-Cap Growth
ACRNX - Profile
Distributions
- YTD Total Return 11.6%
- 3 Yr Annualized Total Return 12.1%
- 5 Yr Annualized Total Return 13.4%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.05%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameColumbia Acorn Fund
-
Fund Family NameColumbia
-
Inception DateJun 10, 1970
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMatthew Litfin
Fund Description
The fund invests a majority of its net assets in the common stock of small- and mid-sized companies with market capitalizations under $5 billion at the time of initial investment and may also invest in companies with market capitalizations above $5 billion, provided that immediately after that investment a majority of the fund's net assets would be invested in Focus Stocks. It invests the majority of its assets in U.S. companies, but also may invest up to 33% of its total assets in foreign companies in developed markets (for example, Japan, Canada and the United Kingdom) and in emerging markets.
ACRNX - Performance
Return Ranking - Trailing
| Period | ACRNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.6% | -73.1% | 2127.7% | 77.80% |
| 1 Yr | 19.9% | -17.5% | 118.0% | 63.07% |
| 3 Yr | 12.1%* | -3.3% | 49.5% | 77.36% |
| 5 Yr | 13.4%* | 1.2% | 39.3% | 70.30% |
| 10 Yr | 11.9%* | 5.0% | 21.7% | 83.86% |
* Annualized
Return Ranking - Calendar
| Period | ACRNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 13.3% | -50.2% | 44.9% | 88.81% |
| 2018 | -15.7% | -70.5% | 9.2% | 52.92% |
| 2017 | 0.7% | -21.1% | 84.9% | 96.22% |
| 2016 | -20.9% | -61.7% | 39.8% | 97.54% |
| 2015 | -39.5% | -54.0% | 12.2% | 98.71% |
Total Return Ranking - Trailing
| Period | ACRNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.6% | -73.1% | 2127.7% | 77.80% |
| 1 Yr | 19.9% | -21.8% | 118.0% | 60.23% |
| 3 Yr | 12.1%* | -3.8% | 49.5% | 75.64% |
| 5 Yr | 13.4%* | 1.2% | 39.3% | 67.80% |
| 10 Yr | 11.9%* | 5.0% | 21.7% | 83.27% |
* Annualized
Total Return Ranking - Calendar
| Period | ACRNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 13.3% | -50.2% | 44.9% | 88.81% |
| 2018 | -15.7% | -51.7% | 12.2% | 69.03% |
| 2017 | 25.2% | -7.0% | 84.9% | 35.35% |
| 2016 | 10.7% | -61.7% | 39.8% | 16.22% |
| 2015 | -2.1% | -54.0% | 12.2% | 56.90% |
NAV & Total Return History
ACRNX - Holdings
Concentration Analysis
| ACRNX | Category Low | Category High | ACRNX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.34 B | 907 K | 34.2 B | 22.94% |
| Number of Holdings | 102 | 13 | 2573 | 26.58% |
| Net Assets in Top 10 | 785 M | 167 K | 7.69 B | 26.26% |
| Weighting of Top 10 | 17.98% | 2.9% | 94.2% | 87.80% |
Top 10 Holdings
- Mimecast Ltd 2.25%
- EPAM Systems Inc 2.02%
- Alteryx Inc Class A 1.97%
- Chegg Inc 1.86%
- Columbia Short-Term Cash 1.86%
- Wix.com Ltd 1.75%
- Ares Management Corp Class A 1.74%
- SPX Corp 1.74%
- Masimo Corp 1.61%
- Chemed Corp 1.60%
Asset Allocation
| Weighting | Return Low | Return High | ACRNX % Rank | |
|---|---|---|---|---|
| Stocks | 98.14% | 23.73% | 110.81% | 61.75% |
| Cash | 1.86% | -55.75% | 39.68% | 38.74% |
| Preferred Stocks | 0.00% | 0.00% | 1.64% | 96.43% |
| Other | 0.00% | -12.05% | 75.09% | 93.68% |
| Convertible Bonds | 0.00% | 0.00% | 1.20% | 94.65% |
| Bonds | 0.00% | 0.00% | 16.44% | 95.14% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ACRNX % Rank | |
|---|---|---|---|---|
| Healthcare | 31.89% | 0.00% | 40.78% | 3.40% |
| Technology | 24.31% | 0.00% | 59.48% | 79.74% |
| Industrials | 17.71% | 0.00% | 43.94% | 16.05% |
| Consumer Cyclical | 9.91% | 0.00% | 65.22% | 79.58% |
| Consumer Defense | 4.63% | 0.00% | 18.05% | 27.88% |
| Financial Services | 3.94% | 0.00% | 40.21% | 71.96% |
| Communication Services | 3.83% | 0.00% | 23.90% | 66.77% |
| Real Estate | 2.09% | 0.00% | 14.97% | 61.26% |
| Basic Materials | 1.69% | 0.00% | 16.12% | 36.79% |
| Utilities | 0.00% | 0.00% | 6.24% | 94.81% |
| Energy | 0.00% | 0.00% | 60.50% | 95.95% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ACRNX % Rank | |
|---|---|---|---|---|
| US | 92.90% | 23.51% | 103.55% | 60.94% |
| Non US | 5.24% | 0.00% | 58.71% | 45.06% |
ACRNX - Expenses
Operational Fees
| ACRNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.86% | 0.05% | 27.43% | 76.74% |
| Management Fee | 0.67% | 0.00% | 1.50% | 32.52% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 20.18% |
| Administrative Fee | 0.05% | 0.01% | 0.40% | 25.35% |
Sales Fees
| ACRNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 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 | 0.20% | 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.
| ACRNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 101.00% | 1.00% | 457.00% | 89.55% |
ACRNX - Distributions
Dividend Yield Analysis
| ACRNX | Category Low | Category High | ACRNX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 34.53% | 95.48% |
Dividend Distribution Analysis
| ACRNX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| ACRNX | Category Low | Category High | ACRNX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.05% | -2.56% | 1.52% | 30.43% |
Capital Gain Distribution Analysis
| ACRNX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Jun 08, 2011 | $0.083 |
| Dec 16, 2010 | $0.014 |
| Jun 10, 2010 | $0.030 |
| Dec 10, 2008 | $0.014 |
| Dec 12, 2007 | $0.115 |
| Dec 11, 2006 | $0.126 |
| Dec 12, 2005 | $0.148 |
| Dec 13, 2004 | $0.018 |
ACRNX - Fund Manager Analysis
Managers
Matthew Litfin
Start Date
Tenure
Tenure Rank
Jan 01, 2016
4.75
4.8%
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 Maschmeyer
Start Date
Tenure
Tenure Rank
May 01, 2019
1.42
1.4%
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
Start Date
Tenure
Tenure Rank
May 01, 2019
1.42
1.4%
Mr. Watson has been associated with Columbia Wanger Asset Management LLC or its predecessors as an investment professional since 2006, and has been a Vice President of the Trust since March 2018. r. 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 | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 34.63 | 8.19 | 3.59 |
