Columbia Acorn A
- LACAX
- Price as of: Dec 01, 2020
-
$13.49
N/A N/A
- Primary Theme
- U.S. Mid-Cap Growth Equity
- Fund Company
- Columbia
- Share Class
LACAX - Snapshot
Vitals
- YTD Return 15.6%
- 3 Yr Annualized Return 10.8%
- 5 Yr Annualized Return 12.3%
- Net Assets $4.31 B
- Holdings in Top 10 17.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.11%
SALES FEES
- Front Load 5.75%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 101.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,000
- IRA $1,000
Fund Classification
-
Primary Theme
U.S. Mid-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Mid-Cap Growth
LACAX - Profile
Distributions
- YTD Total Return 15.6%
- 3 Yr Annualized Total Return 8.7%
- 5 Yr Annualized Total Return 10.9%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.30%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameColumbia Acorn Fund
-
Fund Family NameColumbia
-
Inception DateOct 16, 2000
-
Shares OutstandingN/A
-
Share ClassA
-
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.
LACAX - Performance
Return Ranking - Trailing
| Period | LACAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.6% | -71.3% | 2382.3% | 83.86% |
| 1 Yr | 18.9% | -14.4% | 114.6% | 60.20% |
| 3 Yr | 10.8%* | -3.5% | 47.4% | 77.99% |
| 5 Yr | 12.3%* | -1.0% | 37.5% | 69.23% |
| 10 Yr | 11.3%* | 4.3% | 20.6% | 85.46% |
* Annualized
Return Ranking - Calendar
| Period | LACAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 10.0% | -50.2% | 44.9% | 93.38% |
| 2018 | -17.6% | -70.5% | 9.2% | 63.12% |
| 2017 | -3.2% | -21.1% | 84.9% | 98.30% |
| 2016 | -24.3% | -61.7% | 39.8% | 97.94% |
| 2015 | -41.8% | -54.0% | 12.2% | 98.92% |
Total Return Ranking - Trailing
| Period | LACAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.6% | -71.1% | 2382.3% | 83.86% |
| 1 Yr | 12.0% | -18.9% | 114.6% | 78.27% |
| 3 Yr | 8.7%* | -4.7% | 47.4% | 83.79% |
| 5 Yr | 10.9%* | -1.0% | 37.5% | 78.35% |
| 10 Yr | 10.6%* | 4.3% | 20.6% | 88.80% |
* Annualized
Total Return Ranking - Calendar
| Period | LACAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 10.0% | -50.2% | 44.9% | 93.38% |
| 2018 | -17.6% | -51.7% | 12.2% | 76.60% |
| 2017 | 24.9% | -7.0% | 84.9% | 39.39% |
| 2016 | 10.4% | -61.7% | 39.8% | 17.70% |
| 2015 | -2.5% | -54.0% | 12.2% | 59.40% |
NAV & Total Return History
LACAX - Holdings
Concentration Analysis
| LACAX | Category Low | Category High | LACAX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.31 B | 919 K | 34 B | 22.22% |
| Number of Holdings | 113 | 13 | 2566 | 19.06% |
| Net Assets in Top 10 | 769 M | 181 K | 7.69 B | 25.36% |
| Weighting of Top 10 | 17.67% | 3.3% | 94.2% | 85.97% |
Top 10 Holdings
- Immunomedics Inc 2.41%
- Alteryx Inc Class A 1.97%
- SPX Corp 1.93%
- Chegg Inc 1.81%
- Ares Management Corp Class A 1.74%
- Masimo Corp 1.70%
- Columbia Short-Term Cash 1.70%
- Acceleron Pharma Inc 1.70%
- Mimecast Ltd 1.63%
- Chemed Corp 1.60%
Asset Allocation
| Weighting | Return Low | Return High | LACAX % Rank | |
|---|---|---|---|---|
| Stocks | 98.30% | 29.91% | 139.77% | 60.74% |
| Cash | 1.70% | -55.75% | 39.68% | 38.93% |
| Preferred Stocks | 0.00% | 0.00% | 1.64% | 33.60% |
| Other | 0.00% | -41.95% | 75.09% | 39.26% |
| Convertible Bonds | 0.00% | 0.00% | 1.20% | 27.30% |
| Bonds | 0.00% | 0.00% | 17.46% | 29.73% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LACAX % Rank | |
|---|---|---|---|---|
| Healthcare | 33.40% | 0.00% | 39.13% | 1.94% |
| Technology | 23.01% | 0.00% | 59.48% | 81.10% |
| Industrials | 17.16% | 0.00% | 43.94% | 20.68% |
| Consumer Cyclical | 11.13% | 0.00% | 65.22% | 72.86% |
| Consumer Defense | 5.02% | 0.00% | 15.89% | 19.06% |
| Communication Services | 3.75% | 0.00% | 22.10% | 65.43% |
| Financial Services | 3.28% | 0.00% | 40.21% | 82.55% |
| Basic Materials | 1.63% | 0.00% | 17.56% | 41.36% |
| Real Estate | 1.62% | 0.00% | 14.36% | 68.17% |
| Utilities | 0.00% | 0.00% | 5.37% | 45.07% |
| Energy | 0.00% | 0.00% | 60.50% | 53.96% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LACAX % Rank | |
|---|---|---|---|---|
| US | 92.89% | 29.81% | 139.77% | 62.68% |
| Non US | 5.41% | 0.00% | 31.43% | 37.32% |
LACAX - Expenses
Operational Fees
| LACAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.11% | 0.05% | 27.43% | 51.53% |
| Management Fee | 0.67% | 0.00% | 1.50% | 30.65% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 35.45% |
| Administrative Fee | 0.05% | 0.01% | 0.40% | 22.02% |
Sales Fees
| LACAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 2.50% | 5.75% | 22.97% |
| 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 | 0.20% | 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.
| LACAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 101.00% | 1.00% | 457.00% | 88.94% |
LACAX - Distributions
Dividend Yield Analysis
| LACAX | Category Low | Category High | LACAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 32.08% | 31.72% |
Dividend Distribution Analysis
| LACAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
| LACAX | Category Low | Category High | LACAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.30% | -2.48% | 1.52% | 47.95% |
Capital Gain Distribution Analysis
| LACAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Jun 08, 2011 | $0.016 |
| Jun 10, 2010 | $0.020 |
| Dec 12, 2007 | $0.024 |
| Dec 11, 2006 | $0.041 |
| Dec 12, 2005 | $0.070 |
LACAX - Fund Manager Analysis
Managers
Matthew Litfin
Start Date
Tenure
Tenure Rank
Jan 01, 2016
4.84
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
1.5
1.5%
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
1.5
1.5%
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 |
|---|---|---|---|
| 0.06 | 34.72 | 8.19 | 0.67 |