Columbia Multi Strategy Alternatives Fund Class A (CLAAX)
| Fund Assets | 525.36M |
| Expense Ratio | 1.34% |
| Min. Investment | $2,000 |
| Turnover | 715.00% |
| Dividend (ttm) | 2.06 |
| Dividend Yield | 6.90% |
| Dividend Growth | -8.08% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 28.15 |
| YTD Return | 3.14% |
| 1-Year Return | 8.43% |
| 5-Year Return | 14.02% |
| 52-Week Low | 27.20 |
| 52-Week High | 29.95 |
| Beta (5Y) | 0.09 |
| Holdings | 736 |
| Inception Date | Jan 28, 2015 |
About CLAAX
Columbia Multi Strategy Alternatives Fund Class A is a mutual fund designed to provide absolute (positive) returns for investors over a complete market cycle. Its primary function is to deliver diversification benefits through a multi-strategy approach that employs a variety of alternative investment strategies, including long and short positions across global equities, fixed income, currencies, commodities, and derivatives. The fund targets market inefficiencies and utilizes hedging techniques to help reduce correlation with traditional asset classes, which can enhance overall portfolio diversification. Managed by a team of seasoned professionals, it allocates assets among several distinct sleeves, including global macro strategies and mortgage opportunities, engaging external managers for certain portions of the portfolio. This fund is notable for its use of leverage to magnify exposure, which can increase both volatility and risk. By integrating various alternative strategies with relatively low market directionality, it seeks to offer investors a unique vehicle for risk management and potential return generation within the broader landscape of multistrategy funds.
Performance
CLAAX had a total return of 8.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.93%.
Top 10 Holdings
279.71% of assets| Name | Symbol | Weight |
|---|---|---|
| FJPYUSD20260113HSBC Purchased | n/a | 98.77% |
| Columbia Short-Term Cash | n/a | 43.99% |
| FSWP: OIS 1.000000 15-MAR-2028 FTO Receive | n/a | 39.81% |
| FSWP: OIS 1.000000 21-JUN-2028 FTO Receive | n/a | 16.87% |
| FSWP: OIS 0.000000 15-MAR-2028 SAR Receive | n/a | 16.03% |
| FCHFUSD20260318CIT Purchased | n/a | 14.42% |
| FSWP: OIS 3.500000 21-JUN-2028 SON Receive | n/a | 13.37% |
| FGBPUSD20260318CIT Purchased | n/a | 12.24% |
| 2 Year Treasury Note Future Mar 26 | n/a | 12.16% |
| FSWP: EUR 2.000000 21-JUN-2028 EUR Receive | n/a | 12.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $2.06467 | Dec 16, 2025 |
| Dec 17, 2024 | $2.24615 | Dec 17, 2024 |
| Dec 18, 2023 | $0.82288 | Dec 18, 2023 |
| Dec 16, 2022 | $0.15608 | Dec 16, 2022 |
| Dec 17, 2021 | $0.59664 | Dec 17, 2021 |
| Dec 20, 2017 | $0.82108 | Dec 20, 2017 |