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LACAX Columbia Acorn A

  • Fund
  • LACAX
  • Price as of: Jul 19, 2019
  • $12.41 - $0.07 - 0.56%
  • Category
  • Mid Cap Growth Equities

LACAX - Profile

Vitals

  • YTD Return 16.5%
  • 3 Yr Annualized Return -8.5%
  • 5 Yr Annualized Return -18.6%
  • Net Assets $4.36 B
  • Holdings in Top 10 15.5%

52 WEEK LOW AND HIGH

$12.41
$9.94
$14.82

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.10%

SALES FEES

  • Front Load 5.75%
  • 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 17.2%
  • 3 Yr Annualized Total Return 8.7%
  • 5 Yr Annualized Total Return 5.7%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio -0.20%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Columbia Acorn Fund
  • Fund Family Name Columbia
  • Inception Date Oct 16, 2000
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Matthew A. 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.

LACAX - Performance

Return Ranking - Trailing

Period LACAX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.5% -47.7% 49.8% 90.65%
1 Yr -12.9% -47.7% 20.6% 79.58%
3 Yr -8.5%* -23.8% 24.5% 94.58%
5 Yr -18.6%* -30.2% 15.3% 99.02%
10 Yr -4.5%* -11.8% 17.4% 98.58%

* Annualized


Return Ranking - Calendar

Period LACAX Return Category Return Low Category Return High Rank in Category (%)
2018 -17.6% -52.1% 9.2% 57.74%
2017 -3.2% -38.9% 36.0% 97.13%
2016 -24.3% -61.7% 27.9% 97.27%
2015 -41.8% -82.5% 12.2% 99.03%
2014 -15.3% -23.5% 17.9% 94.74%

Total Return Ranking - Trailing

Period LACAX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.2% -47.7% 49.8% 89.89%
1 Yr -12.4% -47.7% 29.8% 88.74%
3 Yr 8.7%* -22.2% 28.3% 64.80%
5 Yr 5.7%* -25.3% 17.4% 62.60%
10 Yr 11.4%* -6.4% 18.9% 61.47%

* Annualized


Total Return Ranking - Calendar

Period LACAX Return Category Return Low Category Return High Rank in Category (%)
2018 -17.6% -51.7% 12.2% 72.47%
2017 24.9% -7.0% 56.2% 34.61%
2016 10.4% -61.7% 27.9% 19.88%
2015 -2.5% -54.0% 12.2% 53.41%
2014 0.7% -23.5% 18.1% 70.24%

NAV & Total Return History

LACAX - Holdings

Concentration Analysis

LACAX Category Low Category High LACAX % Rank
Net Assets 4.36 B 1.44 M 33.8 B 19.08%
Number of Holdings 130 13 2232 13.93%
Net Assets in Top 10 650 M 616 K 7.12 B 24.62%
Weighting of Top 10 15.51% 6.7% 148.7% 92.37%

Top 10 Holdings

  1. Booz Allen Hamilton Holding Corp Class A 1.78%

  2. Masimo Corp 1.75%

  3. Grand Canyon Education Inc 1.74%

  4. EPAM Systems Inc 1.58%

  5. CDW Corp 1.56%

  6. Vail Resorts Inc 1.49%

  7. Exact Sciences Corp 1.45%

  8. Chemed Corp 1.41%

  9. Primerica Inc 1.39%

  10. Tractor Supply Co 1.37%


Asset Allocation

Weighting Return Low Return High LACAX % Rank
Stocks
98.00% 20.28% 127.86% 50.00%
Cash
2.00% -48.52% 36.01% 46.18%
Preferred Stocks
0.00% 0.00% 3.25% 26.53%
Other
0.00% -7.94% 70.89% 35.31%
Convertible Bonds
0.00% 0.00% 8.82% 25.19%
Bonds
0.00% -0.48% 43.05% 27.67%

Stock Sector Breakdown

Weighting Return Low Return High LACAX % Rank
Technology
26.71% 0.00% 69.27% 50.95%
Healthcare
20.84% 0.00% 62.34% 9.73%
Industrials
17.35% 0.00% 38.67% 44.47%
Consumer Cyclical
15.31% 0.00% 48.02% 48.28%
Financial Services
6.87% 0.00% 40.09% 58.40%
Consumer Defense
4.43% 0.00% 17.24% 42.94%
Real Estate
2.25% 0.00% 48.22% 61.45%
Energy
2.04% 0.00% 14.07% 26.53%
Basic Materials
1.60% 0.00% 13.78% 64.69%
Communication Services
0.61% 0.00% 11.66% 34.35%
Utilities
0.00% 0.00% 11.12% 45.42%

Stock Geographic Breakdown

Weighting Return Low Return High LACAX % Rank
US
96.23% 7.34% 123.93% 29.58%
Non US
1.77% 0.00% 70.47% 70.80%

LACAX - Expenses

Operational Fees

LACAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.10% 0.07% 6.14% 60.99%
Management Fee 0.67% 0.06% 1.50% 25.76%
12b-1 Fee 0.25% 0.00% 1.00% 35.89%
Administrative Fee 0.05% 0.01% 0.72% 18.30%

Sales Fees

LACAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 0.00% 5.75% 10.59%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

LACAX 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.

LACAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 66.00% 1.85% 495.00% 69.98%

LACAX - Distributions

Dividend Yield Analysis

LACAX Category Low Category High LACAX % Rank
Dividend Yield 0.00% 0.00% 0.05% 34.35%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

LACAX Category Low Category High LACAX % Rank
Net Income Ratio -0.20% -2.55% 4.79% 38.62%

Capital Gain Distribution Analysis

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

LACAX - Managers

Matthew A. Litfin

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2016

3.5

3.5%

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

0.16

0.2%

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

0.16

0.2%

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