Columbia Multi Strategy Alternatives Fund Class A (CLAAX)

Fund Assets	513.45M
Expense Ratio	1.34%
Min. Investment	$2,000
Turnover	738.00%
Dividend (ttm)	2.06
Dividend Yield	7.05%
Dividend Growth	-8.08%
Payout Frequency	Annual
Ex-Dividend Date	Dec 16, 2025

Previous Close	29.14
YTD Return	6.40%
1-Year Return	6.52%
5-Year Return	23.21%
52-Week Low	27.05
52-Week High	29.80
Beta (5Y)	0.08
Holdings	468
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.

• Fund Family: Columbia Threadneedle
• Category: Multistrategy
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: CLAAX
• Share Class: Class A
• Index: FTSE 1-Month Treasury Bill

Performance

CLAAX had a total return of 6.52% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.66%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
CLAZX	Institutional Class	1.09%
CLABX	Class C	2.09%

Top 10 Holdings

96.30% of assets

Name	Symbol	Weight
Columbia Short Term Cash Fund	n/a	51.99%
United States Treasury Bills	B.0 12.24.26	10.90%
Cmsaf2 Offshore Market Value	n/a	7.30%
United States Treasury Bills	B.0 10.08.26	6.22%
Cash	n/a	4.53%
Federal National Mortgage Association	FNCL.4 7.11	3.95%
Federal National Mortgage Association	FNCL.6 7.11	3.76%
Federal National Mortgage Association	FNCL.4.5 7.11	3.53%
Government National Mortgage Association	G2SF.4.5 7.11	2.29%
Federal National Mortgage Association	FNCL.5 7.11	1.83%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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