Columbia Multi Strat Alts Inst (CLAZX)

Fund Assets	535.54M
Expense Ratio	1.067%
Min. Investment	$2,000
Turnover	738.00%
Dividend (ttm)	2.14
Dividend Yield	6.96%
Dividend Growth	-7.88%
Payout Frequency	Annual
Ex-Dividend Date	Dec 16, 2025

Previous Close	30.60
YTD Return	10.75%
1-Year Return	9.93%
5-Year Return	28.34%
52-Week Low	27.40
52-Week High	30.77
Beta (5Y)	0.20
Holdings	515
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.

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

Performance

CLAZX had a total return of 9.93% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.09%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
CLAAX	Class A	1.29%
CLABX	Class C	2.04%

Top 10 Holdings

96.45% of assets

Name	Symbol	Weight
Columbia Short Term Cash Fund	n/a	51.68%
United States Treasury Bills	B.0 12.24.26	11.15%
Cmsaf2 Offshore Market Value	n/a	8.16%
United States Treasury Bills	B.0 10.08.26	5.92%
Cash	n/a	3.98%
Federal National Mortgage Association	FNCL.4 9.11	3.92%
Federal National Mortgage Association	FNCL.6 9.11	3.78%
Federal National Mortgage Association	FNCL.4.5 9.11	3.51%
Government National Mortgage Association	G2SF.4.5 9.11	2.27%
Cmsaf3 Offshore Market Value	n/a	2.09%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 16, 2025	$2.13707	Dec 16, 2025
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

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:

Oct 15, 2026

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