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.
Fund Family Columbia Threadneedle
Category Convertibles
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol CSFYX
Share Class Institutional 3 Class
Index ICE BofA All Convertibles/Qlt TR
CSFYX had a total return of 24.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 18.11%.
