Columbia Convertible Securities Fund Institutional 3 Class (CSFYX)
| Fund Assets | 1.16B |
| Expense Ratio | 0.74% |
| Min. Investment | $0.00 |
| Turnover | 108.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 2.02% |
| Dividend Growth | -3.24% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 24.36 |
| YTD Return | 8.66% |
| 1-Year Return | 14.77% |
| 5-Year Return | 42.19% |
| 52-Week Low | 20.35 |
| 52-Week High | 24.53 |
| Beta (5Y) | n/a |
| Holdings | 122 |
| Inception Date | Oct 1, 2014 |
About CSFYX
Columbia Convertible Securities Fund Class I3 is an actively managed mutual fund specializing in convertible securities, such as bonds and preferred stocks that can be exchanged for a predetermined amount of the issuing company’s equity. Its core objective is to provide both current income and capital appreciation by maintaining a flexible, opportunistic investment approach. The fund primarily allocates at least 80% of its assets to convertible securities, but may also invest up to 15% in Eurodollar convertible securities and up to 20% in other foreign securities, adding geographic and sectoral diversification to its portfolio. These instruments, often not investment-grade-rated, offer a blend of equity and fixed-income characteristics, making the fund a complement to traditional equity or income allocations. Columbia Convertible Securities Fund Class I3 is notable for its collaborative portfolio management and effective resource utilization, drawing on the expertise of Columbia Threadneedle’s equity and credit teams. The fund typically holds a diversified mix of holdings across sectors such as technology, healthcare, and financial services, aiming for strong risk-adjusted returns over the long term and offering quarterly distributions to shareholders.
Performance
CSFYX had a total return of 14.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.32%.
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
21.32% of assets| Name | Symbol | Weight |
|---|---|---|
| MicroStrategy Incorporated 0% | MSTR.0 12.01.29 | 3.67% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 2.59% |
| Columbia Short-Term Cash | n/a | 2.58% |
| Live Nation Entertainment, Inc. 2.875% | LYV.2.875 01.15.30 | 2.48% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 2.07% |
| NCL Corporation Ltd. 0.875% | NCLH.0.875 04.15.30 | 1.86% |
| Lumentum Holdings Inc. 0.5% | LITE.0.5 06.15.28 | 1.79% |
| Welltower OP LLC 3.125% | WELL.3.125 07.15.29 | 1.62% |
| Barclays Bank plc 1% | BACR.1 02.16.29 MSFT | 1.41% |
| Parsons Corporation 2.625% | PSN.2.625 03.01.29 | 1.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.12535 | Jun 20, 2025 |
| Mar 20, 2025 | $0.1151 | Mar 20, 2025 |
| Dec 12, 2024 | $0.12801 | Dec 12, 2024 |
| Sep 20, 2024 | $0.12478 | Sep 20, 2024 |
| Jun 21, 2024 | $0.10992 | Jun 21, 2024 |
| Mar 20, 2024 | $0.13603 | Mar 20, 2024 |