Columbia Convertible Securities Fund Institutional 2 Class (COCRX)
| Fund Assets | 1.11B |
| Expense Ratio | 0.79% |
| Min. Investment | $2,000 |
| Turnover | 108.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 2.07% |
| Dividend Growth | -3.57% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 23.33 |
| YTD Return | 6.92% |
| 1-Year Return | 14.95% |
| 5-Year Return | 38.84% |
| 52-Week Low | 20.09 |
| 52-Week High | 23.33 |
| Beta (5Y) | n/a |
| Holdings | 115 |
| Inception Date | Nov 8, 2012 |
About COCRX
Columbia Convertible Securities Fund Institutional 2 Class is a mutual fund dedicated to investing primarily in convertible securities, which are hybrid financial instruments that combine features of both bonds and stocks. The fund’s principal objective is to achieve a total return through a blend of capital appreciation and current income. It typically allocates at least 80% of its assets to convertible bonds and convertible preferred stocks, enabling investors to benefit from the growth potential of equities while retaining some of the defensive characteristics of fixed income holdings. Managed by a team that leverages both credit and equity market expertise, the fund seeks investments across the entire convertible securities landscape. The strategy aims to diversify holdings to enhance risk-adjusted returns and typically includes a global component, with the ability to invest in both domestic and select foreign convertible securities. This unique position makes the fund a valuable portfolio component for investors looking to balance growth aspirations with income generation and risk mitigation within the broader context of the convertible bond market.
Performance
COCRX had a total return of 14.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.66%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class Z | 0.60% |
| FTCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class M | 1.24% |
| FCCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class C | 1.76% |
| FICVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class I | 0.72% |
| FACVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class A | 0.99% |
Top 10 Holdings
20.98% of assets| Name | Symbol | Weight |
|---|---|---|
| MicroStrategy Incorporated 0% | MSTR.0 12.01.29 | 3.64% |
| Live Nation Entertainment, Inc. 2.875% | LYV.2.875 01.15.30 | 2.49% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 2.44% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 2.26% |
| Lumentum Holdings Inc. 0.5% | LITE.0.5 06.15.28 | 2.04% |
| NCL Corporation Ltd. 0.875% | NCLH.0.875 04.15.30 | 1.80% |
| Welltower OP LLC 3.125% | WELL.3.125 07.15.29 | 1.71% |
| Barclays Bank plc 1% | BACR.1 02.16.29 MSFT | 1.63% |
| Uber Technologies Inc 0.875% | UBER.0.875 12.01.28 2028 | 1.50% |
| Columbia Short-Term Cash | n/a | 1.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.12267 | Jun 20, 2025 |
| Mar 20, 2025 | $0.11235 | Mar 20, 2025 |
| Dec 12, 2024 | $0.12525 | Dec 12, 2024 |
| Sep 20, 2024 | $0.12216 | Sep 20, 2024 |
| Jun 21, 2024 | $0.10738 | Jun 21, 2024 |
| Mar 20, 2024 | $0.1335 | Mar 20, 2024 |