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Name

As of 12/07/2023

Price

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

Columbia Convertible Securities Fund

NCIAX | Fund

$19.45

$1.43 B

2.44%

$0.47

0.89%

Vitals

YTD Return

6.8%

1 yr return

5.0%

3 Yr Avg Return

-2.7%

5 Yr Avg Return

10.4%

Net Assets

$1.43 B

Holdings in Top 10

19.7%

52 WEEK LOW AND HIGH

$19.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.89%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 92.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/07/2023

Price

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

Columbia Convertible Securities Fund

NCIAX | Fund

$19.45

$1.43 B

2.44%

$0.47

0.89%

NCIAX - Profile

Distributions

  • YTD Total Return 6.8%
  • 3 Yr Annualized Total Return -2.7%
  • 5 Yr Annualized Total Return 10.4%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.09%
DIVIDENDS
  • Dividend Yield 2.4%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Columbia Convertible Securities Fund
  • Fund Family Name
    Columbia Funds Complex
  • Inception Date
    May 21, 1999
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Yan Jin

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 convertible securities. The Fund may invest up to 15% of its total assets in Eurodollar convertible securities and up to an additional 20% of its total assets in foreign securities. Most convertible securities are not investment grade-rated. Convertible securities rated below investment grade may be referred to as “junk bonds.” The Fund also may invest directly in equity securities.
The Fund looks for opportunities to participate in the potential growth of underlying common stocks, while seeking to earn income that is generally higher than the income those stocks provide. The Fund may sell common stocks short against positions in which the Fund has directly invested in convertible securities with no more than 10% of its assets. The Fund may from time to time emphasize one or more economic sectors in selecting its investments, including the information technology sector.
The Fund may invest in privately placed and other securities or instruments that are purchased and sold pursuant to Rule 144A or other exemptions under the Securities Act of 1933, as amended, subject to certain regulatory restrictions.
Read More

NCIAX - Performance

Return Ranking - Trailing

Period NCIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% -8.6% 10.0% 22.35%
1 Yr 5.0% -12.2% 8.3% 16.47%
3 Yr -2.7%* -16.5% 2.0% 46.43%
5 Yr 10.4%* -6.5% 12.4% 22.50%
10 Yr 8.5%* -4.5% 9.7% 18.03%

* Annualized

Return Ranking - Calendar

Period NCIAX Return Category Return Low Category Return High Rank in Category (%)
2022 -27.0% -41.7% -9.7% 86.90%
2021 -15.3% -18.9% 2.4% 80.95%
2020 35.4% -0.2% 54.0% 32.50%
2019 18.4% 9.9% 24.4% 36.25%
2018 -5.8% -26.2% -2.5% 20.78%

Total Return Ranking - Trailing

Period NCIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% -8.6% 10.0% 22.35%
1 Yr 5.0% -12.2% 8.3% 16.47%
3 Yr -2.7%* -16.5% 2.0% 46.43%
5 Yr 10.4%* -6.5% 12.4% 22.50%
10 Yr 8.5%* -4.5% 9.7% 18.03%

* Annualized

Total Return Ranking - Calendar

Period NCIAX Return Category Return Low Category Return High Rank in Category (%)
2022 -19.5% -37.8% -9.7% 59.52%
2021 4.1% -12.2% 11.3% 47.62%
2020 48.3% 5.8% 64.4% 28.75%
2019 26.5% 12.2% 28.7% 12.50%
2018 -0.8% -18.0% 4.6% 28.57%

NAV & Total Return History

NCIAX - Holdings

Concentration Analysis

NCIAX Category Low Category High NCIAX % Rank
Net Assets 1.43 B 20.2 M 4.43 B 29.41%
Number of Holdings 121 40 381 31.76%
Net Assets in Top 10 292 M 6 M 809 M 29.41%
Weighting of Top 10 19.74% 9.5% 51.4% 84.71%

Top 10 Holdings

  1. DEXCOM INC 2.64%
  2. NCL CORPORATION LTD 2.46%
  3. ON SEMICONDUCTOR CORPORATION 2.31%
  4. WAYFAIR INC 2.25%
  5. SNAP INC 2.09%
  6. DISH NETWORK CORP 1.75%
  7. Bank of America Corp 1.70%
  8. EXACT SCIENCES CORPORATION 1.54%
  9. BILL.COM HOLDINGS INC 1.54%
  10. PALO ALTO NETWORKS INC 1.46%

Asset Allocation

Weighting Return Low Return High NCIAX % Rank
Bonds 		86.64% 0.00% 139.19% 50.59%
Convertible Bonds 		74.66% 33.22% 110.54% 61.18%
Preferred Stocks 		8.09% 0.00% 22.50% 31.76%
Stocks 		3.47% 0.00% 23.09% 28.24%
Cash 		1.81% -78.94% 12.79% 75.29%
Other 		0.00% -17.11% 3.74% 60.00%

Stock Sector Breakdown

Weighting Return Low Return High NCIAX % Rank
Utilities 		50.02% 0.00% 100.00% 72.37%
Technology 		23.73% 0.00% 23.73% 3.95%
Energy 		13.89% 0.00% 40.56% 22.37%
Healthcare 		6.94% 0.00% 20.31% 42.11%
Real Estate 		4.60% 0.00% 27.87% 9.21%
Consumer Cyclical 		0.82% 0.00% 24.79% 23.68%
Industrials 		0.00% 0.00% 23.08% 82.89%
Financial Services 		0.00% 0.00% 20.48% 76.32%
Communication Services 		0.00% 0.00% 100.00% 67.11%
Consumer Defense 		0.00% 0.00% 25.78% 73.68%
Basic Materials 		0.00% 0.00% 24.08% 69.74%

Stock Geographic Breakdown

Weighting Return Low Return High NCIAX % Rank
US 		3.47% 0.00% 22.42% 28.24%
Non US 		0.00% 0.00% 1.55% 65.88%

Bond Sector Breakdown

Weighting Return Low Return High NCIAX % Rank
Corporate 		98.73% 91.11% 100.00% 30.59%
Cash & Equivalents 		0.69% 0.00% 12.79% 71.76%
Derivative 		0.00% -0.02% 0.39% 61.18%
Securitized 		0.00% 0.00% 0.00% 64.71%
Municipal 		0.00% 0.00% 0.00% 64.71%
Government 		0.00% 0.00% 2.94% 65.88%

Bond Geographic Breakdown

Weighting Return Low Return High NCIAX % Rank
US 		86.64% 0.00% 139.19% 34.12%
Non US 		0.00% 0.00% 17.45% 65.88%

NCIAX - Expenses

Operational Fees

NCIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.89% 0.20% 2.87% 68.24%
Management Fee 0.76% 0.20% 1.32% 77.38%
12b-1 Fee 0.00% 0.00% 1.00% 7.84%
Administrative Fee N/A 0.04% 0.15% 52.00%

Sales Fees

NCIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

NCIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 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.

NCIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 92.00% 30.00% 154.00% 69.33%

NCIAX - Distributions

Dividend Yield Analysis

NCIAX Category Low Category High NCIAX % Rank
Dividend Yield 2.44% 0.00% 14.59% 9.41%

Dividend Distribution Analysis

NCIAX Category Low Category High Category Mod
Dividend Distribution Frequency None Quarterly Monthly Quarterly

Net Income Ratio Analysis

NCIAX Category Low Category High NCIAX % Rank
Net Income Ratio 1.09% -3.72% 10.32% 15.48%

Capital Gain Distribution Analysis

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

Distributions History

View More +

NCIAX - Fund Manager Analysis

Managers

Yan Jin

Start Date

Tenure

Tenure Rank

Mar 17, 2006

16.22

16.2%

Yan Jin is a vice president and senior portfolio manager of income strategies with Columbia Threadneedle Investments. Mr. Jin joined one of the Columbia Threadneedle Investments legacy firms in 2002. Previously, Mr. Jin was employed as assistant vice president and risk analyst for Lincoln Investment Management. He has been a member of the investment community since 1998. Mr. Jin received an M.A. in economics from North Carolina State University.

David King

Start Date

Tenure

Tenure Rank

Apr 06, 2010

12.16

12.2%

David King is a senior portfolio manager with the Asset Allocation Team at Columbia Threadneedle Investments. Mr. King joined one of the Columbia Threadneedle Investments firms in 2010. Previously, Mr. King was a senior portfolio manager at Putnam Investments. Prior to that, he held various other roles during his 25 years at Putnam, beginning as an equity research analyst and including associate director of equity research. Prior to Putnam, he worked briefly at Drexel Burnham Lambert and Citibank, NA. Mr. King began his career at Manufacturers Hanover Trust (now JPMorgan Chase) in 1978. He has been a member of the investment community since 1983. Mr. King recieved a B.S. in administration, summa cum laude, from the University of New Hampshire and an MBA from Harvard Business School. In addition, he holds the Chartered Financial Analyst designation.

Grace Lee

Start Date

Tenure

Tenure Rank

Oct 01, 2020

1.66

1.7%

Ms. Lee joined the Investment Manager in 2014. Ms. Lee began her investment career in 1996 and earned a bachelor’s degree in political science and economics from Stanford University and an M.B.A. from Harvard Business School

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 36.97 10.05 7.42

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