About LACAX
Columbia Acorn Fund Class A is a mutual fund focused on achieving long-term capital appreciation. Its core strategy involves investing primarily in the common stocks of small- and mid-sized companies, targeting businesses that are believed to be underappreciated or poised for growth. The fund actively manages a diversified portfolio that spans multiple sectors, with notable allocations in industries such as industrials, financial services, technology, consumer cyclical, and consumer defensive. As of the latest reporting period, the fund's top holdings include companies like GCM Grosvenor, SPX Technologies, Curtiss-Wright, Parsons Corp, and BJ's Wholesale Club, collectively representing a meaningful portion of the portfolio. With an expense ratio of 1.08% and a manager tenure since 2019, Columbia Acorn Fund Class A plays a significant role for investors seeking exposure to the dynamic U.S. small- and mid-cap growth segment, offering diversified participation in sectors that often drive innovation and economic expansion.
Fund Family Columbia Threadneedle
Category Mid-Cap Growth
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LACAX
Share Class Class A
Index Russell 2500 Growth TR
LACAX had a total return of 16.33% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.74%.
