Investment objective & strategy
As of April 28, 2025 · prospectusObjective. Columbia Variable Portfolio Select Mid Cap Value Fund (the Fund) seeks to provide shareholders with long-term growth 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 equity securities of medium-sized companies. Medium-sized companies are those whose market capitalizations at the time of purchase fall within the market capitalization range of the Russell Midcap Value Index (the Index) (between $ 272.6 million and $ 88.3 billion as of March 31, 2025 ). The market capitalization range and composition of companies in the Index are subject to change. The Fund may invest up to 25% of its net assets in foreign investments. The Fund normally invests in common stocks and also may invest in real estate investment trusts. The Fund may at times emphasize one … Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of medium-sized companies. Medium-sized companies are those whose market capitalizations at the time of purchase fall within the market capitalization range of the Russell Midcap Value Index (the Index) (between $ 272.6 million and $ 88.3 billion as of March 31, 2025 ). The market capitalization range and composition of companies in the Index are subject to change. The Fund may invest up to 25% of its net assets in foreign investments. The Fund normally invests in common stocks and also may invest in real estate investment trusts. The Fund may at times emphasize one or more sectors in selecting its investments, including the financials sector. The Fund may hold a small number of securities, consistent with its value investment approach. Generally, the Fund anticipates holding between 30 and 50 securities in its portfolio; however, the Fund may hold, at any time, more or fewer securities than noted in this range.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| MARATHON PETROLEUM CORP | — | $9.73M | 3.77% |
| ENTERGY CORP | — | $9.31M | 3.61% |
| DEVON ENERGY CORP | — | $8.35M | 3.24% |
| CORNING INC | — | $8.15M | 3.16% |
| ITT INC | — | $8.07M | 3.13% |
| AMETEK INC NEW | — | $7.69M | 2.98% |
| AMEREN CORP | — | $7.34M | 2.85% |
| POPULAR INC | — | $6.67M | 2.59% |
| QUEST DIAGNOSTICS INC | — | $6.55M | 2.54% |
| WELLTOWER INC | — | $6.28M | 2.43% |
Portfolio moves
Dec 31, 2025 → Mar 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 Select Mid Cap Value Fund · CMUAX, CMUCX, CMVRX, NAMAX, CMVYX, CVERX, NAMBX | 95% | 0.75% |
| First Trust Dorsey Wright Momentum & Dividend ETF · DDIV | 15% | 0.60% |
| Nomura Opportunity Fund · FIUSX, FIVVX, FIVUX, FIVCX, FIZRX | 15% | 0.78% |
Advisers
| Firm | Role |
|---|---|
| Columbia Management Investment Advisers, LLC | Adviser |
Footnotes
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
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