Investment objective & strategy
As of Nov. 24, 2025 · prospectusObjective. Columbia Select Short Corporate Income Fund (the Fund) seeks to provide shareholders with a level of current income consistent with preservation of capital.
Strategy. Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in corporate bonds. The Fund primarily invests in debt securities with short- and intermediate-term maturities generally similar to those included in the Funds benchmark index, the Bloomberg U.S. 1-5 Year Corporate Index (the Index). The Fund may invest up to 15% of its net assets in debt instruments 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 Funds duration is managed to help reduce volatility associated with changes in interest rates. Under normal conditions, the Fund … Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in corporate bonds. The Fund primarily invests in debt securities with short- and intermediate-term maturities generally similar to those included in the Funds benchmark index, the Bloomberg U.S. 1-5 Year Corporate Index (the Index). The Fund may invest up to 15% of its net assets in debt instruments 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 Funds duration is managed to help reduce volatility associated with changes in interest rates. Under normal conditions, the Fund will target duration to be similar to or lower than that of the Index, but will not exceed that of the Index by more than one year. As of October 31, 2025 , the duration of the Index was 2.66 years. 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. The Fund may invest up to 25% of its net assets in foreign investments.
Top holdings
As of Jan. 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| COLUMBIA SHORT TERM CASH FUND | — | $33.06M | 6.68% |
| PRINCIPAL LIFE GLOBAL FUNDING II 144A 4.950000% 11/27/2029 | PFG | $15.11M | 3.05% |
| BACARDI MARTINI BV SR UNSECURED 144A 02/30 5.55 | BACARD | $13.30M | 2.69% |
| US TREASURY N/B | — | $12.70M | 2.57% |
| BANK OF AMER CRP | — | $11.62M | 2.35% |
| GILEAD SCIENCES | — | $10.73M | 2.17% |
| OCCIDENTAL PETE | — | $10.20M | 2.06% |
| MORGAN STANLEY | — | $9.56M | 1.93% |
| CITIGROUP INC | — | $8.99M | 1.82% |
| T-MOBILE USA INC | — | $8.84M | 1.79% |
Portfolio moves
Oct 31, 2025 → Jan 31, 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. |
|---|---|---|
| Columbia Variable Portfolio - Limited Duration Credit Fund | 65% | 0.41% |
| Columbia Select Corporate Income Fund · LIIAX, SRINX, CRIYX, CPIRX, SRIJX | 22% | 0.45% |
| Columbia Variable Portfolio - Corporate Bond Fund | 16% | 0.47% |
Advisers
| Firm | Role |
|---|---|
| Columbia Management Investment Advisers, LLC | Adviser |
Footnotes
- Expense ratio as of November 24, 2025, from the fund's prospectus.
- Net assets and holdings count as of January 31, 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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