Columbia Convertible Securities Fund Class A (PACIX)
| Fund Assets | 1.69B |
| Expense Ratio | 1.08% |
| Min. Investment | $2,000 |
| Turnover | 212.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 1.19% |
| Dividend Growth | -6.62% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 19, 2026 |
| Previous Close | 29.45 |
| YTD Return | 15.53% |
| 1-Year Return | 34.26% |
| 5-Year Return | 42.09% |
| 52-Week Low | 21.90 |
| 52-Week High | 30.38 |
| Beta (5Y) | n/a |
| Holdings | 116 |
| Inception Date | Aug 31, 1987 |
About PACIX
Columbia Convertible Securities Fund Class A is a mutual fund that focuses on investing primarily in convertible securities—financial instruments that can be converted from bonds or preferred shares into common stock. This fund aims to provide investors with a combination of capital appreciation and current income by allocating at least 80% of its net assets to convertible securities, including those that may be below investment grade. Convertible securities offer attributes of both stocks and bonds, allowing the fund to participate in equity market gains while seeking to reduce downside risk relative to pure equity investments. The fund's portfolio spans various industries, with diversification across sectors such as financials, industrials, utilities, and technology. Managed by Columbia Threadneedle, one of the nation's leading asset managers, this fund serves investors looking for a balanced approach that blends growth potential with income generation, making it a unique asset within the broader fixed income and equity hybrid market.
Performance
PACIX had a total return of 34.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.41%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class Z | 0.55% |
| FTCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class M | 1.19% |
| FCCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class C | 1.71% |
| FICVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class I | 0.68% |
| FACVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class A | 0.94% |
Top 10 Holdings
23.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Lumentum Holdings Inc. 0.375% | LITE.0.375 03.15.32 | 3.55% |
| Western Digital Corp. 3% | WDC.3 11.15.28 | 3.30% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 2.95% |
| Live Nation Entertainment, Inc. 2.875% | LYV.2.875 01.15.30 | 2.71% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 2.56% |
| Columbia Short-Term Cash | n/a | 2.12% |
| Oracle Corp. | ORCL.6.5 01.15.29 D | 1.97% |
| Bloom Energy Corporation 0% | BE.0 11.15.30 | 1.89% |
| Akamai Technologies, Inc. 0.25% | AKAM.0.25 05.15.33 | 1.50% |
| BWX Technologies Inc. 0% | BWXT.0 11.01.30 | 1.36% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 19, 2026 | $0.10468 | Mar 19, 2026 |
| Dec 11, 2025 | $0.0798 | Dec 11, 2025 |
| Sep 19, 2025 | $0.08682 | Sep 19, 2025 |
| Jun 20, 2025 | $0.10714 | Jun 20, 2025 |
| Mar 20, 2025 | $0.0964 | Mar 20, 2025 |
| Dec 12, 2024 | $0.10923 | Dec 12, 2024 |