Investment objective & strategy
As of Sept. 24, 2025 · prospectusObjective. Multi-Manager Value Strategies Fund (the Fund) seeks to provide shareholders with growth of capital and income.
Strategy. The Funds assets primarily are invested in equity securities. Equity securities generally include common stocks, but may also include preferred stocks and convertible securities. The Fund may invest in companies that have market capitalizations of any size. The Fund may invest up to 20% of its net assets in debt instruments, including those that, at the time of purchase, are rated below investment grade or are unrated but determined to be of comparable quality (commonly referred to as high yield investments or junk bonds). The Fund may invest up to 25% of its net assets in foreign investments. The Fund may invest in foreign securities directly or indirectly through depositary receipts. The Fund may at times emphasize one or more … The Funds assets primarily are invested in equity securities. Equity securities generally include common stocks, but may also include preferred stocks and convertible securities. The Fund may invest in companies that have market capitalizations of any size. The Fund may invest up to 20% of its net assets in debt instruments, including those that, at the time of purchase, are rated below investment grade or are unrated but determined to be of comparable quality (commonly referred to as high yield investments or junk bonds). The Fund may invest up to 25% of its net assets in foreign investments. The Fund may invest in foreign securities directly or indirectly through depositary receipts. The Fund may at times emphasize one or more sectors in selecting its investments, including the financials sector. The Fund may also invest in exchange-traded funds (ETFs). Columbia Management Investment Advisers, LLC (Columbia Management or the Investment Manager) serves as the investment manager for the Fund and attempts to achieve the Funds objective by managing a portion of the Funds assets and selecting one or more subadvisers to manage other portions of the Funds assets independently of each other and Columbia Management. The Funds subadvisers are American Century Investment Management, Inc. (American Century), and Diamond Hill Capital Management, Inc. (Diamond Hill) .
Top holdings
As of Feb. 28, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| COLUMBIA SHORT TERM CASH FUND | — | $150.01M | 2.69% |
| JPMORGAN CHASE and CO | — | $119.42M | 2.14% |
| CONOCOPHILLIPS | — | $111.75M | 2.00% |
| EXXON MOBIL CORP | — | $106.76M | 1.91% |
| ABBOTT LABS | — | $100.65M | 1.81% |
| MICROSOFT CORP | — | $95.54M | 1.71% |
| UNION PACIFIC CORP | — | $90.03M | 1.61% |
| AMERICAN INTERNATIONAL GROUP | — | $88.19M | 1.58% |
| WASTE MANAGEMENT INC | — | $85.96M | 1.54% |
| WALMART INC | — | $83.17M | 1.49% |
Portfolio moves
Nov 30, 2025 → Feb 28, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Schwab Fundamental U.S. Large Company ETF · FNDX | 49% | 0.25% |
| iShares Morningstar Value ETF · ILCV | 49% | 0.04% |
| Schwab Fundamental U.S. Large Company Index Fund · SFLNX | 48% | 0.25% |
Advisers
| Firm | Role |
|---|---|
| American Century Investment Management, Inc. | Sub-adviser |
| Columbia Management Investment Advisers, LLC | Adviser |
| DIAMOND HILL CAPITAL MANAGEMENT, INC. | Sub-adviser |
Footnotes
- Expense ratio as of September 24, 2025, from the fund's prospectus.
- Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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