Columbia Select Mid Cap Value Fund Institutional 2 Class (CVERX)
| Fund Assets | 2.36B |
| Expense Ratio | 0.82% |
| Min. Investment | $2,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 1.09 |
| Dividend Yield | 7.34% |
| Dividend Growth | 249.41% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 17, 2025 |
| Previous Close | 14.73 |
| YTD Return | 4.89% |
| 1-Year Return | 12.15% |
| 5-Year Return | 109.36% |
| 52-Week Low | 12.27 |
| 52-Week High | 16.26 |
| Beta (5Y) | n/a |
| Holdings | 50 |
| Inception Date | Nov 8, 2012 |
About CVERX
Columbia Select Mid Cap Value Fund Institutional 2 Class is a mutual fund focused on delivering long-term capital appreciation by investing primarily in mid-sized U.S. companies that are considered undervalued by the market. The fund targets stocks within the mid-cap segment, a space known for balancing growth potential and established operational stability. Its investment approach emphasizes rigorous fundamental analysis to identify companies trading below their intrinsic worth, often providing exposure across diverse sectors including financials, industrials, consumer discretionary, and utilities. The fund is actively managed, with its portfolio allocations adapting based on evolving market conditions and value-driven opportunities. The Columbia Select Mid Cap Value Fund Institutional 2 Class is designed for institutional investors, offering competitive features such as professional management, sector diversification, and potential for risk-adjusted returns relative to the broader mid-cap value segment. Its performance is typically measured against the Russell Mid Cap Value Index, making it relevant for investors seeking targeted exposure to undervalued mid-cap equities within the U.S. market.
Performance
CVERX had a total return of 12.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.72%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FMPEX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class C | 1.87% |
| FMPTX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class M | 1.37% |
| FMPAX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class A | 1.12% |
| FIDFX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class Z | 0.75% |
| FMPOX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class I | 0.87% |
Top 10 Holdings
29.39% of assets| Name | Symbol | Weight |
|---|---|---|
| Welltower Inc. | WELL | 3.31% |
| Entergy Corporation | ETR | 3.14% |
| ITT Inc. | ITT | 3.08% |
| Ameren Corporation | AEE | 3.01% |
| US Foods Holding Corp. | USFD | 2.88% |
| Southwest Airlines Co. | LUV | 2.86% |
| Marathon Petroleum Corporation | MPC | 2.85% |
| AMETEK, Inc. | AME | 2.80% |
| Corning Incorporated | GLW | 2.77% |
| ATI Inc. | ATI | 2.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 17, 2025 | $0.29983 | Jun 17, 2025 |
| Mar 18, 2025 | $0.03971 | Mar 18, 2025 |
| Dec 9, 2024 | $0.70498 | Dec 9, 2024 |
| Sep 18, 2024 | $0.04207 | Sep 18, 2024 |
| Jun 18, 2024 | $0.19854 | Jun 18, 2024 |
| Mar 18, 2024 | $0.04019 | Mar 18, 2024 |