Columbia Multi Strategy Alternatives Fund Class Inst (CLAZX)
| Fund Assets | 491.58M |
| Expense Ratio | 1.09% |
| Min. Investment | $2,000 |
| Turnover | 718.00% |
| Dividend (ttm) | 2.32 |
| Dividend Yield | 8.04% |
| Dividend Growth | 168.39% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 28.87 |
| YTD Return | 3.67% |
| 1-Year Return | 4.50% |
| 5-Year Return | 16.77% |
| 52-Week Low | 27.63 |
| 52-Week High | 30.13 |
| Beta (5Y) | n/a |
| Holdings | 830 |
| Inception Date | Jan 28, 2015 |
About CLAZX
Columbia Multi Strategy Alternatives Fund is an open-end mutual fund that pursues absolute positive returns by employing a multi-strategy, alternative investment approach. Its primary objective is to generate consistent gains over a complete market cycle, regardless of traditional market direction. The fund achieves this by allocating assets across various alternative strategies—including global macro, mortgage opportunities, long/short commodities, global tactical asset allocation, and currency management—utilizing both long and short positions. Notably, the fund leverages expertise from several specialized investment managers and utilizes sophisticated hedging techniques to capitalize on market inefficiencies while seeking to minimize correlation and directionality to broader equity and fixed income markets. This results in a diversified portfolio that can offer potential risk mitigation and portfolio stabilization for investors seeking returns less reliant on conventional asset classes. The Columbia Multi Strategy Alternatives Fund thereby serves as a tool for portfolio diversification, appealing to institutional and individual investors seeking exposure to alternative investment strategies within a transparent, mutual fund structure.
Performance
CLAZX had a total return of 4.50% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.41%.
Top 10 Holdings
277.73% of assets| Name | Symbol | Weight |
|---|---|---|
| FCHFUSD20250618MSCO Purchased | n/a | 48.96% |
| FSWP: EUR 2.000000 15-SEP-2027 EUR Receive | n/a | 48.57% |
| Columbia Short-Term Cash | n/a | 37.34% |
| FSWP: OIS 3.500000 15-SEP-2027 SOF Receive | n/a | 31.24% |
| FSWP: EUR 2.000000 16-JUN-2027 EUR Receive | n/a | 19.87% |
| FSWP: NOK 4.000000 15-SEP-2027 6M Receive | n/a | 18.97% |
| FSWP: AUD 3.500000 09-SEP-2027 AUD Receive | n/a | 18.57% |
| FSWP: OIS 2.500000 15-SEP-2027 CAD Receive | n/a | 18.28% |
| FSWP: OIS 0.000000 15-SEP-2027 SAR Receive | n/a | 18.06% |
| FSWP: OIS 0.000000 16-JUN-2027 SAR Receive | n/a | 17.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $2.31996 | Dec 17, 2024 |
| Dec 18, 2023 | $0.86439 | Dec 18, 2023 |
| Dec 16, 2022 | $0.22716 | Dec 16, 2022 |
| Dec 17, 2021 | $0.67111 | Dec 17, 2021 |
| Dec 20, 2017 | $0.87152 | Dec 20, 2017 |
| Dec 21, 2016 | $0.20932 | Dec 21, 2016 |