Columbia Convertible Securities Inst (NCIAX)
| Fund Assets | 1.56B |
| Expense Ratio | 0.83% |
| Min. Investment | $2,000 |
| Turnover | 108.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 1.85% |
| Dividend Growth | -7.42% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 19, 2025 |
| Previous Close | 25.88 |
| YTD Return | 19.83% |
| 1-Year Return | 23.03% |
| 5-Year Return | 42.86% |
| 52-Week Low | 19.84 |
| 52-Week High | 25.88 |
| Beta (5Y) | 0.72 |
| Holdings | 125 |
| Inception Date | May 21, 1999 |
About NCIAX
The Columbia Convertible Securities Fund Institutional Class is a mutual fund focused on delivering a high total return through a blend of capital appreciation and current income. Its primary strategy is to invest at least 80% of its net assets in convertible securities—financial instruments that possess both equity and fixed-income characteristics. These typically include convertible bonds, which can be exchanged for a company's stock, allowing the fund to benefit from potential equity upside while mitigating risk through fixed interest payments. The fund also has the flexibility to invest up to 15% of assets in Eurodollar convertible securities and up to 20% in foreign securities, providing additional diversification beyond the U.S. market. The fund employs a mix of fundamental and quantitative analysis, seeking strong risk-adjusted returns over the long term. Holdings are chosen based on the characteristics and conversion features of each security, as well as comprehensive assessments of issuer financials and market conditions. Serving as a complement to traditional equity income allocations, this fund targets investors seeking exposure to both the income potential of bonds and the growth opportunities of stocks, playing a unique and valuable role within the convertible securities segment of the market.
Performance
NCIAX had a total return of 23.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.52%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
19.56% of assets| Name | Symbol | Weight |
|---|---|---|
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 2.82% |
| Strategy Inc. 0% | MSTR.0 03.01.30 | 2.65% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 2.58% |
| Live Nation Entertainment, Inc. 2.875% | LYV.2.875 01.15.30 | 2.45% |
| Columbia Short-Term Cash | n/a | 1.75% |
| NextEra Energy Inc Unit (Corporate Units 01/11/2029) | NEE.7.234 11.01.27 | 1.52% |
| Southern Co. 4.5% | SO.4.5 06.15.27 | 1.49% |
| Coinbase Global Inc 0% | COIN.0 10.01.29 | 1.45% |
| Strategy Inc. 0% | MSTR.0 12.01.29 | 1.43% |
| Lumentum Holdings Inc. 0.5% | LITE.0.5 06.15.28 | 1.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 19, 2025 | $0.1019 | Sep 19, 2025 |
| Jun 20, 2025 | $0.12053 | Jun 20, 2025 |
| Mar 20, 2025 | $0.11015 | Mar 20, 2025 |
| Dec 12, 2024 | $0.12304 | Dec 12, 2024 |
| Sep 20, 2024 | $0.12006 | Sep 20, 2024 |
| Jun 21, 2024 | $0.10536 | Jun 21, 2024 |