Columbia Small Cap Value and Inflection Fund Class A (COVAX)
| Fund Assets | 868.45M |
| Expense Ratio | 1.20% |
| Min. Investment | $2,000 |
| Turnover | 115.00% |
| Dividend (ttm) | 2.34 |
| Dividend Yield | 14.60% |
| Dividend Growth | -12.06% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 22, 2026 |
| Previous Close | 15.01 |
| YTD Return | 23.49% |
| 1-Year Return | 35.90% |
| 5-Year Return | 54.38% |
| 52-Week Low | 12.75 |
| 52-Week High | 15.64 |
| Beta (5Y) | 1.43 |
| Holdings | 103 |
| Inception Date | May 1, 2002 |
About COVAX
Columbia Small Cap Value Fund II Class A is a mutual fund that primarily seeks long-term capital growth by investing in shares of small-cap companies considered undervalued relative to their intrinsic worth. The fund employs an actively managed investment approach, combining quantitative value screening with detailed fundamental research to identify overlooked opportunities within the small-cap segment. At least 80% of its assets are allocated to equity securities of companies whose market capitalizations align with the Russell 2000 Value Index, and it may invest up to 20% in foreign securities, including depositary receipts. In addition to common stocks, the fund can hold real estate investment trusts to further diversify its portfolio. By focusing on companies with strong fundamentals but low valuations, Columbia Small Cap Value Fund II Class A aims to deliver competitive long-term performance. The fund plays a significant role for investors seeking exposure to the growth potential and diversification benefits of the U.S. small-cap value equity market, often reflecting trends of American entrepreneurialism and economic dynamism through its investments.
Performance
COVAX had a total return of 35.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.34%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
17.07% of assets| Name | Symbol | Weight |
|---|---|---|
| Phillips Edison & Company, Inc. | PECO | 2.05% |
| StoneX Group Inc. | SNEX | 1.79% |
| Polaris Inc. | PII | 1.77% |
| Commercial Metals Company | CMC | 1.75% |
| BankUnited, Inc. | BKU | 1.70% |
| Texas Capital Bancshares, Inc. | TCBI | 1.66% |
| Fulton Financial Corporation | FULT | 1.62% |
| Synaptics Incorporated | SYNA | 1.60% |
| Cabot Corporation | CBT | 1.59% |
| Essent Group Ltd. | ESNT | 1.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 22, 2026 | $0.83047 | Jun 22, 2026 |
| Dec 5, 2025 | $1.51188 | Dec 5, 2025 |
| Jun 13, 2025 | $0.58023 | Jun 13, 2025 |
| Dec 6, 2024 | $2.08323 | Dec 6, 2024 |
| Jun 14, 2024 | $2.1011 | Jun 14, 2024 |
| Dec 7, 2023 | $0.62932 | Dec 7, 2023 |