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Columbia Acorn USA Fund
mutual fund
AUSAX
Payout Change
Suspended
Price as of:
$10.33
+0.02
+0.19%
primary theme
N/A
share class
AUSAX (Mutual Fund)
Columbia Acorn USA Fund
Payout Change
Suspended
Price as of:
$10.33
+0.02
+0.19%
primary theme
N/A
share class
AUSAX (Mutual Fund)
Columbia Acorn USA Fund
Payout Change
Suspended
Price as of:
$10.33
+0.02
+0.19%
primary theme
N/A
share class
Name
As of 04/21/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
9.5%
1 yr return
-2.5%
3 Yr Avg Return
-7.4%
5 Yr Avg Return
-8.4%
Net Assets
$175 M
Holdings in Top 10
23.2%
52 WEEK LOW AND HIGH
$10.3
$8.58
$11.14
Expenses
OPERATING FEES
Expense Ratio 0.83%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 69.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/21/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
AUSAX - Profile
Distributions
- YTD Total Return 9.5%
- 3 Yr Annualized Total Return -7.4%
- 5 Yr Annualized Total Return -8.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.78%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameColumbia Acorn USA Fund
-
Fund Family NameColumbia Threadneedle
-
Inception DateSep 04, 1996
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerErika Maschmeyer
Fund Description
Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in U.S. companies.
Under normal circumstances, the Fund invests a majority of its net assets in the common stock of small- and mid-sized companies with market capitalizations generally in the range of market capitalizations in the Russell 2500 Growth Index, the Fund's benchmark, (the Index) at the time of purchase (between $21.5 million and $30 billion as of March 31, 2022). The market capitalization range and composition of companies in the Index are subject to change. As such, the size of the companies in which the Fund invests may change. The Fund determines a company’s market capitalization at the time of investment. As long as a majority of its net assets are invested in companies within the Index, the Fund may continue to hold and make new investments in a security even if the company’s market capitalization grows beyond the market capitalization of the largest company within the Index or falls below the market capitalization of the smallest company within the Index.
Columbia Wanger Asset Management, LLC, the Fund's investment adviser (the Investment Manager), believes that stocks of small- and mid-sized companies, which generally are not as well known by financial analysts as larger companies, may offer higher return potential than stocks of larger companies. The Fund invests the majority of its assets in U.S. companies, but also may invest up to 20% of its total assets in foreign companies in developed
markets (for example, Japan, Canada and the United Kingdom) and in emerging markets (for example, China, India and Brazil). The Investment Manager from time to time emphasizes one or more sectors in selecting the Fund’s investments, including the consumer discretionary, health care, and information technology sectors.
The Investment Manager typically seeks companies with:
| ■ | A strong business franchise that offers growth potential. |
| ■ | Products and services in which the company has a competitive advantage. |
| ■ | A stock price the Investment Manager believes is reasonable relative to the assets and earning power of the company. |
The Investment Manager may sell a portfolio holding if the security reaches the Investment Manager's price target, if the company has a deterioration of fundamentals, such as failing to meet key operating benchmarks, or if the Investment Manager believes other securities are more attractive. The Investment Manager also may sell a portfolio holding to fund redemptions.
AUSAX - Performance
Return Ranking - Trailing
| Period | AUSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.5% | -48.5% | 23.9% | 9.97% |
| 1 Yr | -2.5% | -76.0% | 772.5% | 67.16% |
| 3 Yr | -7.4%* | -53.1% | 50.0% | 87.05% |
| 5 Yr | -8.4%* | -42.4% | 16.0% | 82.66% |
| 10 Yr | -10.7%* | -22.8% | 15.0% | 99.00% |
* Annualized
Return Ranking - Calendar
| Period | AUSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -36.4% | -83.6% | 547.9% | 77.24% |
| 2022 | -9.0% | -69.3% | 196.9% | 76.90% |
| 2021 | 5.7% | -28.2% | 63.9% | 84.79% |
| 2020 | 4.1% | -29.8% | 9.3% | 68.12% |
| 2019 | -3.2% | -14.5% | 29.5% | 40.80% |
Total Return Ranking - Trailing
| Period | AUSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.5% | -48.5% | 23.9% | 9.97% |
| 1 Yr | -2.5% | -76.0% | 772.5% | 67.49% |
| 3 Yr | -7.4%* | -53.1% | 50.0% | 87.05% |
| 5 Yr | -8.4%* | -42.4% | 16.0% | 83.95% |
| 10 Yr | 1.3%* | -19.7% | 15.0% | 69.90% |
* Annualized
Total Return Ranking - Calendar
| Period | AUSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -36.4% | -83.6% | 547.9% | 77.24% |
| 2022 | -9.0% | -69.3% | 196.9% | 76.90% |
| 2021 | 5.7% | -28.2% | 63.9% | 84.79% |
| 2020 | 4.1% | -29.8% | 9.3% | 68.12% |
| 2019 | -3.2% | -14.5% | 40.9% | 56.74% |
NAV & Total Return History
AUSAX - Holdings
Concentration Analysis
| AUSAX | Category Low | Category High | AUSAX % Rank | |
|---|---|---|---|---|
| Net Assets | 175 M | 183 K | 28 B | 73.86% |
| Number of Holdings | 87 | 6 | 1336 | 59.25% |
| Net Assets in Top 10 | 43.2 M | 59 K | 2.7 B | 75.81% |
| Weighting of Top 10 | 23.21% | 4.7% | 100.0% | 46.50% |
Top 10 Holdings
- E-mini Russell 2000 Index Future Sept 20 5.38%
- E-mini Russell 2000 Index Future Sept 20 5.38%
- E-mini Russell 2000 Index Future Sept 20 5.38%
- E-mini Russell 2000 Index Future Sept 20 5.38%
- E-mini Russell 2000 Index Future Sept 20 5.38%
- E-mini Russell 2000 Index Future Sept 20 5.38%
- E-mini Russell 2000 Index Future Sept 20 5.38%
- E-mini Russell 2000 Index Future Sept 20 5.38%
- E-mini Russell 2000 Index Future Sept 20 5.38%
- E-mini Russell 2000 Index Future Sept 20 5.38%
Asset Allocation
| Weighting | Return Low | Return High | AUSAX % Rank | |
|---|---|---|---|---|
| Stocks | 96.96% | 77.52% | 101.30% | 55.52% |
| Cash | 2.75% | -1.30% | 22.49% | 40.42% |
| Other | 0.28% | -1.57% | 7.18% | 15.75% |
| Preferred Stocks | 0.00% | 0.00% | 3.43% | 48.86% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 47.40% |
| Bonds | 0.00% | 0.00% | 3.19% | 46.92% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AUSAX % Rank | |
|---|---|---|---|---|
| Technology | 28.20% | 0.00% | 75.51% | 25.65% |
| Healthcare | 20.93% | 0.00% | 47.90% | 62.34% |
| Consumer Cyclical | 17.56% | 0.00% | 40.68% | 10.06% |
| Industrials | 12.83% | 0.00% | 36.64% | 85.55% |
| Financial Services | 5.40% | 0.00% | 100.00% | 67.53% |
| Real Estate | 4.28% | 0.00% | 15.31% | 24.19% |
| Basic Materials | 3.98% | 0.00% | 10.30% | 24.51% |
| Consumer Defense | 2.75% | 0.00% | 13.56% | 71.92% |
| Communication Services | 2.74% | 0.00% | 15.31% | 41.88% |
| Energy | 1.32% | 0.00% | 55.49% | 64.29% |
| Utilities | 0.00% | 0.00% | 5.57% | 62.66% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AUSAX % Rank | |
|---|---|---|---|---|
| US | 93.83% | 67.06% | 99.56% | 48.05% |
| Non US | 3.13% | 0.00% | 26.08% | 54.38% |
AUSAX - Expenses
Operational Fees
| AUSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.83% | 0.03% | 4.18% | 84.67% |
| Management Fee | 0.74% | 0.05% | 4.05% | 34.96% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 12.24% |
| Administrative Fee | 0.05% | 0.01% | 0.40% | 28.57% |
Sales Fees
| AUSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| AUSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| AUSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 69.00% | 3.00% | 439.00% | 60.15% |
AUSAX - Distributions
Dividend Yield Analysis
| AUSAX | Category Low | Category High | AUSAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 1.88% | 50.81% |
Dividend Distribution Analysis
| AUSAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| AUSAX | Category Low | Category High | AUSAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.78% | -4.08% | 1.10% | 55.12% |
Capital Gain Distribution Analysis
| AUSAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2012 | $0.075 | ExtraDividend |
| Jun 06, 2012 | $0.051 | OrdinaryDividend |
| Dec 12, 2005 | $0.049 | OrdinaryDividend |
AUSAX - Fund Manager Analysis
Managers
Erika Maschmeyer
Start Date
Tenure
Tenure Rank
Apr 15, 2021
1.13
1.1%
Ms. Maschmeyer joined Columbia WAM, a Participating Affiliate, in 2016. Prior to joining Columbia WAM, Ms. Maschmeyer was a research analyst at Oak Ridge Investments where she was responsible for U.S. consumer discretionary/staples investments. Ms. Maschmeyer began her investment career in 2001 and earned a B.A. from Denison University and an M.B.A from the University of Chicago.
John Emerson
Start Date
Tenure
Tenure Rank
Apr 15, 2021
1.13
1.1%
Mr. Emerson has been associated with the Columbia WAM or its predecessors as an investment professional since 2003 and has been a Vice President of the Trust since March 2020. Prior to joining the Investment Manager, Mr. Emerson was an analyst at an equity research Columbia WAM. Mr. Emerson began his investment career in 2002 and earned a B.S. from the University of Missouri and an M.B.A from the University of Chicago.
Daniel Cole
Start Date
Tenure
Tenure Rank
May 01, 2022
0.08
0.1%
Daniel Cole is a senior portfolio manager for Columbia Threadneedle Investments. Mr. Cole joined one of the Columbia Threadneedle Investments firms in 2014. Previously, Mr. Cole was a senior portfolio manager and senior managing director at Manulife Asset Management where he was team lead for the small, smid, and mid growth strategies. Prior to that, Mr. Cole was a portfolio manager at Neuberger Berman. He has been a member of the investment community since 1993.Mr. Cole received a B.S. in pre-med curriculum from Guilford College and an MBA in finance from Virginia Tech.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 8.95 | 5.25 |
