Columbia Convertible Securities Inst (NCIAX)
| Fund Assets | 1.71B |
| Expense Ratio | 0.881% |
| Min. Investment | $2,000 |
| Turnover | 212.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 1.83% |
| Dividend Growth | 9.60% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 21, 2026 |
| Previous Close | 27.99 |
| YTD Return | 10.66% |
| 1-Year Return | 9.82% |
| 5-Year Return | 29.88% |
| 52-Week Low | 24.49 |
| 52-Week High | 31.72 |
| Beta (5Y) | 0.77 |
| Holdings | 127 |
| 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 9.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.63%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
20.07% of assets| Name | Symbol | Weight |
|---|---|---|
| Alphabet Inc PRF PERPETUAL USD 1000 - 1/20th Int Ser A | GOOGL.6.25 05.15.29 A | 3.08% |
| Alphabet Inc PRF PERPETUAL USD 1000 - 1/20th Int Ser B | GOOGL.6.25 05.15.29 B | 3.04% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 1.95% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | WFC.7.5 PERP L | 1.87% |
| NextEra Energy Inc Unit (Corporate Units 15/02/2029) | NEE.7.375 02.15.29 | 1.83% |
| Live Nation Entertainment, Inc. 2.875% | LYV.2.875 01.15.30 | 1.81% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 1.76% |
| Western Digital Corporation | WDC | 1.69% |
| ON Semiconductor Corp. 0.5% | ON.0.5 03.01.29 | 1.66% |
| Microchip Technology Incorporated 0% | MCHP.0 02.15.30 | 1.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 21, 2026 | $0.14494 | Sep 21, 2026 |
| Jun 18, 2026 | $0.96932 | Jun 18, 2026 |
| Mar 19, 2026 | $0.12157 | Mar 19, 2026 |
| Dec 11, 2025 | $0.09609 | Dec 11, 2025 |
| Sep 19, 2025 | $0.1019 | Sep 19, 2025 |
| Jun 20, 2025 | $0.12053 | Jun 20, 2025 |