Investment objective & strategy
As of June 26, 2025 · prospectusObjective. Columbia Convertible Securities Fund (the Fund) seeks total return, consisting of capital appreciation and current income.
Strategy. 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 … 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.
Top holdings
As of Feb. 28, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| Lumentum Holdings Inc., Conv. | LITE | $72.65M | 4.57% |
| COLUMBIA SHORT TERM CASH FUND | — | $54.32M | 3.42% |
| WESTERN DIGITAL CORPORATION SR UNSEC CV 3.0% 11-15-28 | WDC | $48.24M | 3.04% |
| BLOOM ENERGY CORP CONV 0% 11/15/2030 144A | BE | $41.12M | 2.59% |
| Boeing Co. (The), Conv. Pfd. | — | $39.95M | 2.51% |
| LYV 2.875 01/15/30 | LYV | $36.96M | 2.33% |
| Bank of America Corp., Series L, Conv. Pfd. | BACPL | $36.85M | 2.32% |
| NEXTERA ENERGY INC PREFERRED STOCK 11/27 7.234 | NEEPT | $23.47M | 1.48% |
| IONS 0 12/01/30 | IONS | $20.91M | 1.32% |
| Akamai Technologies, Inc., Convertible | — | $20.66M | 1.30% |
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. |
|---|---|---|
| First Trust SSI Strategic Convertible Securities ETF · FCVT | 51% | 0.95% |
| Invesco Convertible Securities Fund · CNSAX, CNSCX, CNSDX, CNSIX, CNSFX | 48% | 0.60% |
| Calamos Convertible Fund · CCVIX, CCVCX, CICVX | 48% | 0.89% |
Advisers
| Firm | Role |
|---|---|
| Columbia Management Investment Advisers, LLC | Adviser |
Footnotes
- Expense ratio as of June 26, 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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