Columbia Global Technology Growth Fund
Fund
CGTUX
Price as of:
$93.94
- $0.14
- 0.15%
Primary Theme
fund company
Name
As of 11/25/2024Price
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
Vitals
YTD Return
30.1%
1 yr return
36.9%
3 Yr Avg Return
11.0%
5 Yr Avg Return
20.8%
Net Assets
$3.09 B
Holdings in Top 10
53.9%
52 WEEK LOW AND HIGH
$94.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.94%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 18.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/25/2024Price
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
CGTUX - Profile
Distributions
- YTD Total Return 30.1%
- 3 Yr Annualized Total Return 11.0%
- 5 Yr Annualized Total Return 20.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.21%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameColumbia Global Technology Growth Fund
-
Fund Family NameColumbia Funds Complex
-
Inception DateMar 01, 2016
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRahul Narang
Fund Description
Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities (including, but not limited to, common stocks, preferred stocks and securities convertible into common or preferred stocks) of technology companies that may benefit from technological improvements, advancements or developments. For these purposes, technology companies are those companies that, in the opinion of the Fund’s investment manager, use technology extensively to improve their business processes, applications and opportunities or seek to grow through technological developments and innovations. Technology companies include companies in technology-related industries or sectors, such as the information technology, communications, healthcare, media, consumer electronics, semi-conductor, internet commerce and advertising, environmental, aerospace and defense industries and sectors. The Fund may invest in companies that have market capitalizations of any size and may invest a significant amount of its assets in smaller companies.
Under normal circumstances, the Fund invests at least 40% of its net assets in companies that maintain their principal place of business or conduct their principal business activities outside the U.S., companies that have their securities traded on non-U.S. exchanges, companies that have been formed under the laws of non-U.S. countries or foreign currencies. The Fund considers a company to conduct its principal business activities outside the U.S. if it derives at least 50% of its revenue or profits from business outside the U.S. or has at least 50% of its sales or assets outside the U.S. From time to time, the Fund may be below this 40% level and, in such circumstances, the Fund will endeavor to invest its assets to bring the Fund’s net assets above this 40% level while giving due regard to the Investment Manager’s view of market and other conditions and available investment opportunities.
Under normal circumstances, the Fund invests at least 25% of the value of its total net assets at the time of purchase in the securities of issuers conducting their principal business activities in the technology and related group of industries.
The Fund invests primarily in common stocks of companies that the investment manager believes have the potential for long-term growth.
The Fund’s investment strategy may involve the frequent trading of portfolio securities.The Fund may invest directly in foreign securities or indirectly through depositary receipts.
CGTUX - Performance
Return Ranking - Trailing
| Period | CGTUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 30.1% | -16.9% | 64.8% | 42.27% |
| 1 Yr | 36.9% | -10.2% | 83.7% | 49.55% |
| 3 Yr | 11.0%* | -31.6% | 18.5% | 13.43% |
| 5 Yr | 20.8%* | -9.9% | 31.9% | 26.50% |
| 10 Yr | N/A* | 1.1% | 26.7% | 3.31% |
* Annualized
Return Ranking - Calendar
| Period | CGTUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 53.6% | -5.6% | 96.9% | 28.77% |
| 2022 | -36.5% | -73.9% | -16.4% | 32.87% |
| 2021 | 18.2% | -44.6% | 51.5% | 22.79% |
| 2020 | 48.4% | 5.5% | 154.1% | 36.32% |
| 2019 | 40.9% | -3.0% | 63.7% | 23.04% |
Total Return Ranking - Trailing
| Period | CGTUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 30.1% | -16.9% | 64.8% | 42.27% |
| 1 Yr | 36.9% | -10.2% | 83.7% | 49.55% |
| 3 Yr | 11.0%* | -31.6% | 18.5% | 13.43% |
| 5 Yr | 20.8%* | -9.9% | 31.9% | 26.50% |
| 10 Yr | N/A* | 1.1% | 26.7% | 3.29% |
* Annualized
Total Return Ranking - Calendar
| Period | CGTUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 57.0% | -2.3% | 96.9% | 24.66% |
| 2022 | -34.5% | -67.5% | -5.9% | 36.57% |
| 2021 | 23.3% | -17.8% | 59.2% | 27.44% |
| 2020 | 50.0% | 17.5% | 157.5% | 47.26% |
| 2019 | 42.6% | 7.5% | 66.9% | 40.84% |
NAV & Total Return History
CGTUX - Holdings
Concentration Analysis
| CGTUX | Category Low | Category High | CGTUX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.09 B | 4.67 M | 81.2 B | 24.43% |
| Number of Holdings | 103 | 10 | 321 | 10.86% |
| Net Assets in Top 10 | 1.85 B | 1.67 M | 56.8 B | 25.79% |
| Weighting of Top 10 | 53.87% | 13.2% | 100.0% | 52.04% |
Top 10 Holdings
- NVIDIA Corp 13.37%
- Apple Inc 9.18%
- Microsoft Corp 9.11%
- Broadcom Inc 5.56%
- Alphabet Inc 3.53%
- Amazon.com Inc 3.09%
- Lam Research Corp 2.93%
- Meta Platforms Inc 2.47%
- Taiwan Semiconductor Manufacturing Co Ltd 2.39%
- COLUMBIA SHORT TERM CASH FUND 2.25%
Asset Allocation
| Weighting | Return Low | Return High | CGTUX % Rank | |
|---|---|---|---|---|
| Stocks | 97.72% | 0.00% | 100.77% | 69.23% |
| Cash | 2.28% | 0.00% | 26.97% | 38.46% |
| Preferred Stocks | 0.00% | 0.00% | 8.61% | 20.81% |
| Other | 0.00% | -0.04% | 26.87% | 34.39% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 8.60% |
| Bonds | 0.00% | 0.00% | 87.98% | 5.88% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CGTUX % Rank | |
|---|---|---|---|---|
| Technology | 75.14% | 2.80% | 100.00% | 35.75% |
| Communication Services | 10.13% | 0.00% | 97.05% | 38.01% |
| Financial Services | 6.43% | 0.00% | 38.36% | 28.96% |
| Consumer Cyclical | 6.04% | 0.00% | 32.97% | 52.04% |
| Industrials | 1.37% | 0.00% | 38.68% | 49.77% |
| Real Estate | 0.40% | 0.00% | 15.05% | 21.27% |
| Basic Materials | 0.32% | 0.00% | 2.38% | 8.14% |
| Healthcare | 0.17% | 0.00% | 25.57% | 47.51% |
| Utilities | 0.00% | 0.00% | 5.17% | 5.43% |
| Energy | 0.00% | 0.00% | 1.24% | 5.88% |
| Consumer Defense | 0.00% | 0.00% | 5.64% | 14.48% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CGTUX % Rank | |
|---|---|---|---|---|
| US | 95.75% | 0.00% | 100.77% | 52.94% |
| Non US | 1.97% | 0.00% | 63.81% | 36.20% |
CGTUX - Expenses
Operational Fees
| CGTUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.94% | 0.08% | 5.04% | 50.91% |
| Management Fee | 0.81% | 0.03% | 1.95% | 71.04% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 0.82% |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| CGTUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| CGTUX 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.
| CGTUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 18.00% | 0.69% | 281.00% | 13.07% |
CGTUX - Distributions
Dividend Yield Analysis
| CGTUX | Category Low | Category High | CGTUX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 7.82% | 32.58% |
Dividend Distribution Analysis
| CGTUX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| CGTUX | Category Low | Category High | CGTUX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.21% | -2.30% | 2.08% | 33.18% |
Capital Gain Distribution Analysis
| CGTUX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 15, 2023 | $1.567 | CapitalGainLongTerm |
| Dec 15, 2022 | $1.537 | CapitalGainLongTerm |
| Dec 16, 2021 | $0.925 | CapitalGainShortTerm |
| Dec 16, 2021 | $2.174 | CapitalGainLongTerm |
| Dec 15, 2020 | $0.656 | OrdinaryDividend |
| Dec 16, 2019 | $0.504 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.627 | CapitalGainShortTerm |
| Dec 17, 2018 | $1.139 | CapitalGainLongTerm |
| Dec 15, 2017 | $0.273 | CapitalGainShortTerm |
| Dec 15, 2017 | $0.890 | CapitalGainLongTerm |
| Dec 16, 2016 | $0.080 | CapitalGainLongTerm |
CGTUX - Fund Manager Analysis
Managers
Rahul Narang
Start Date
Tenure
Tenure Rank
Jul 17, 2012
9.88
9.9%
Rahul Narang is a senior portfolio manager for Columbia Threadneedle Investments. Mr. Narang joined one of the Columbia Threadneedle Investments firms in 2012. Previously, Mr. Narang was a senior vice president at Robeco Investment Management. In that role he assisted in managing a long/short equity portfolio with a concentration in technology, media, healthcare and retail companies. Prior to that, Mr. Narang was a portfolio manager at Apex Capital, Aesop Capital Partners and assistant portfolio manager at Fullerton Capital Partners. Mr. Narang began his career as an equity research associate at JPMorgan. He has been a member of the investment community since 1994. Mr. Narang received a B.S. in business administration from California Polytechnic State University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 32.43 | 8.25 | 1.41 |