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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES
Investment Company Act file number 811-01829
Columbia Acorn Trust
(Exact name of registrant as specified in charter)
227 W. Monroe Street
Suite 3000
Chicago, IL 60606
(Address of principal executive offices) (Zip code)
Mary C. Moynihan
Perkins Coie LLP
700 13th Street, NW
Suite 600
Washington, DC 20005
Paul B. Goucher, Esq.
Columbia Management Investment Advisers, LLC
100 Park Avenue
New York, New York 10017
P. Zachary Egan
Columbia Acorn Trust
227 West Monroe Street, Suite 3000
Chicago, Illinois 60606
(Name and address of agent for service)
Registrant’s telephone number, including area code: (312) 634-9200
Date of fiscal year end: December 31
Date of reporting period: June 30, 2017
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
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Item 1. Reports to Stockholders.
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June 30, 2017
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Not part of the shareholder report | CT-MK/113388 A (02/17) 5JA9/1705026 |
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Columbia Acorn® Fund (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2017) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life | ||
Class A | Excluding sales charges | 10/16/00 | 12.27 | 24.02 | 11.40 | 6.28 | 13.88 |
Including sales charges | 5.84 | 16.89 | 10.08 | 5.65 | 13.74 | ||
Class C | Excluding sales charges | 10/16/00 | 11.84 | 23.14 | 10.60 | 5.49 | 13.02 |
Including sales charges | 10.84 | 22.35 | 10.60 | 5.49 | 13.02 | ||
Class R4 | 11/08/12 | 12.37 | 24.25 | 11.64 | 6.55 | 14.24 | |
Class R5 | 11/08/12 | 12.34 | 24.29 | 11.73 | 6.60 | 14.25 | |
Class Y | 11/08/12 | 12.33 | 24.35 | 11.78 | 6.62 | 14.26 | |
Class Z | 06/10/70 | 12.35 | 24.24 | 11.71 | 6.58 | 14.25 | |
Russell 2500 Growth Index | 10.63 | 21.44 | 14.33 | 8.18 | N/A |
4 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Columbia Acorn® Fund (Unaudited)
Top ten holdings (%) (at June 30, 2017) | |
Align Technology, Inc. Designs, manufactures, and markets the Invisalign System | 2.0 |
HealthSouth Corp. Inpatient rehabilitative healthcare services | 1.7 |
Pra Health Sciences, Inc. Global contract research organization | 1.7 |
ANSYS, Inc. Software solutions for design analysis and optimization | 1.5 |
IPG Photonics Corp. High-power fiber lasers and amplifiers | 1.5 |
CDW Corp. IT products and services | 1.5 |
Celanese Corp., Class A Global integrated producer of chemicals and advanced materials | 1.3 |
Raymond James Financial, Inc. Financial services to individuals, corporations, and municipalities | 1.3 |
GoDaddy, Inc., Class A Cloud-based web platform for small businesses, web design professionals and individuals | 1.3 |
Oshkosh Corp. Fire and emergency apparatuses and specialty commercial, and military trucks | 1.3 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 5 |
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Columbia Acorn® Fund (Unaudited)
Portfolio breakdown (%) (at June 30, 2017) | |
Common Stocks | 94.5 |
Money Market Funds | 3.0 |
Securities Lending Collateral | 2.5 |
Total | 100.0 |
Equity sector breakdown (%) (at June 30, 2017) | |
Consumer Discretionary | 19.5 |
Consumer Staples | 1.6 |
Energy | 2.3 |
Financials | 8.4 |
Health Care | 22.0 |
Industrials | 17.5 |
Information Technology | 21.7 |
Materials | 1.3 |
Real Estate | 4.8 |
Telecommunication Services | 0.9 |
Total | 100.0 |
6 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Columbia Acorn® Fund
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Columbia Acorn® Fund
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Columbia Acorn International® (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2017) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life | ||
Class A | Excluding sales charges | 10/16/00 | 18.43 | 17.12 | 8.11 | 3.35 | 9.92 |
Including sales charges | 11.62 | 10.37 | 6.84 | 2.74 | 9.66 | ||
Class B | Excluding sales charges | 10/16/00 | 18.21 | 16.60 | 7.33 | 2.65 | 9.20 |
Including sales charges | 13.21 | 11.60 | 7.02 | 2.65 | 9.20 | ||
Class C | Excluding sales charges | 10/16/00 | 18.01 | 16.24 | 7.30 | 2.56 | 9.11 |
Including sales charges | 17.01 | 15.24 | 7.30 | 2.56 | 9.11 | ||
Class R | 08/02/11 | 18.30 | 16.82 | 7.72 | 3.03 | 9.63 | |
Class R4 | 11/08/12 | 18.56 | 17.37 | 8.35 | 3.65 | 10.31 | |
Class R5 | 08/02/11 | 18.58 | 17.42 | 8.44 | 3.69 | 10.32 | |
Class Y | 11/08/12 | 18.62 | 17.47 | 8.49 | 3.72 | 10.34 | |
Class Z | 09/23/92 | 18.57 | 17.38 | 8.41 | 3.68 | 10.32 | |
MSCI ACWI ex USA SMID Cap Index (Net) | 15.39 | 19.88 | 9.32 | 2.26 | N/A | ||
MSCI ACWI ex USA SMID Cap Growth Index (Net) | 16.50 | 16.87 | 9.11 | 1.75 | N/A |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 9 |
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Columbia Acorn International® (Unaudited)
Top ten holdings (%) (at June 30, 2017) | |
CCL Industries, Inc. (Canada) Manufacturing services and specialty packaging products for the non-durable consumer products market | 2.9 |
Partners Group Holding AG (Switzerland) Global private markets asset management firm | 2.9 |
Hexagon AB, Class B (Sweden) Design, measurement and visualisation technologies | 2.6 |
Brembo SpA (Italy) Braking systems and components | 2.0 |
Wirecard AG (Germany) Internet payment and processing services | 2.0 |
Kindred Group PLC (Malta) Online gambling services | 1.7 |
Aalberts Industries NV (Netherlands) Industrial services and flow control systems | 1.7 |
Grupo Aeroportuario del Sureste SAB de CV, ADR (Mexico) Operates airports in Mexico | 1.7 |
Spirax-Sarco Engineering PLC (United Kingdom) Consultation, service and products for the control and efficient management of steam and industrial fluids | 1.6 |
Zee Entertainment Enterprises Ltd. (India) Hindi films, serials, game shows and children’s programs | 1.6 |
10 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Columbia Acorn International® (Unaudited)
Equity sector breakdown (%) (at June 30, 2017) | |
Consumer Discretionary | 23.6 |
Consumer Staples | 3.9 |
Energy | 1.6 |
Financials | 10.0 |
Health Care | 7.7 |
Industrials | 21.4 |
Information Technology | 17.2 |
Materials | 10.2 |
Real Estate | 4.4 |
Total | 100.0 |
Country breakdown (%) (at June 30, 2017) | |
Australia | 1.5 |
Brazil | 0.5 |
Canada | 7.0 |
Cayman Islands | 0.9 |
China | 3.1 |
Denmark | 3.3 |
France | 1.7 |
Germany | 6.4 |
Hong Kong | 0.5 |
India | 2.5 |
Indonesia | 0.8 |
Ireland | 0.6 |
Italy | 2.4 |
Japan | 21.0 |
Malta | 1.6 |
Mexico | 1.6 |
Netherlands | 1.6 |
New Zealand | 0.6 |
Philippines | 0.5 |
Singapore | 1.5 |
South Africa | 1.4 |
South Korea | 3.5 |
Spain | 2.9 |
Sweden | 4.5 |
Switzerland | 4.1 |
Taiwan | 1.9 |
Thailand | 1.0 |
United Kingdom | 14.4 |
United States(a) | 6.7 |
Total | 100.0 |
(a) | Includes investments in Money Market Funds. |
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Columbia Acorn International®
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Columbia Acorn International®
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Columbia Acorn USA® (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2017) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life | ||
Class A | Excluding sales charges | 10/16/00 | 11.27 | 24.38 | 12.70 | 6.52 | 10.24 |
Including sales charges | 4.88 | 17.20 | 11.38 | 5.89 | 9.93 | ||
Class C | Excluding sales charges | 10/16/00 | 10.89 | 23.54 | 11.93 | 5.75 | 9.44 |
Including sales charges | 9.89 | 22.75 | 11.93 | 5.75 | 9.44 | ||
Class R4 | 11/08/12 | 11.46 | 24.75 | 12.99 | 6.81 | 10.60 | |
Class R5 | 11/08/12 | 11.46 | 24.88 | 13.07 | 6.85 | 10.62 | |
Class Y | 11/08/12 | 11.49 | 24.91 | 13.13 | 6.88 | 10.64 | |
Class Z | 09/04/96 | 11.42 | 24.76 | 12.99 | 6.81 | 10.60 | |
Russell 2000 Growth Index | 9.97 | 24.40 | 13.98 | 7.82 | 6.83 |
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Columbia Acorn USA® (Unaudited)
Top ten holdings (%) (at June 30, 2017) | |
HealthSouth Corp. Inpatient rehabilitative healthcare services | 2.3 |
LCI Industries Recreational vehicles and equipment | 2.2 |
MAXIMUS, Inc. Program management and consulting services to state and local governments | 2.0 |
OM Asset Management PLC Domestic and international equities, fixed income, and alternative investments | 1.7 |
WNS Holdings Ltd., ADR Business process outsourcing services | 1.7 |
Texas Roadhouse, Inc. Moderately priced, full service restaurant chain | 1.6 |
Lakeland Financial Corp. Bank holding company | 1.5 |
LegacyTexas Financial Group, Inc. Bank holding company | 1.5 |
Toro Co. (The) Turf equipment | 1.5 |
Qualys, Inc. Information technology security risk and compliance management solutions | 1.5 |
Portfolio breakdown (%) (at June 30, 2017) | |
Common Stocks | 94.6 |
Money Market Funds | 3.9 |
Securities Lending Collateral | 1.5 |
Total | 100.0 |
Equity sector breakdown (%) (at June 30, 2017) | |
Consumer Discretionary | 23.1 |
Consumer Staples | 1.0 |
Energy | 1.9 |
Financials | 10.9 |
Health Care | 22.1 |
Industrials | 14.7 |
Information Technology | 23.4 |
Materials | 0.7 |
Real Estate | 2.2 |
Total | 100.0 |
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Columbia Acorn USA®
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Columbia Acorn USA®
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Columbia Acorn International SelectSM (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2017) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life | ||
Class A | Excluding sales charges | 10/16/00 | 20.13 | 23.53 | 7.09 | 3.38 | 8.30 |
Including sales charges | 13.24 | 16.41 | 5.84 | 2.77 | 7.96 | ||
Class C | Excluding sales charges | 10/16/00 | 19.71 | 22.66 | 6.27 | 2.58 | 7.49 |
Including sales charges | 18.71 | 21.66 | 6.27 | 2.58 | 7.49 | ||
Class R4 | 11/08/12 | 20.30 | 23.85 | 7.38 | 3.70 | 8.65 | |
Class R5 | 11/08/12 | 20.36 | 23.98 | 7.45 | 3.74 | 8.67 | |
Class Y | 11/08/12 | 20.38 | 24.04 | 7.49 | 3.76 | 8.68 | |
Class Z | 11/23/98 | 20.31 | 23.86 | 7.40 | 3.72 | 8.65 | |
MSCI ACWI ex USA Index (Net) | 14.10 | 20.45 | 7.22 | 1.13 | N/A | ||
MSCI ACWI ex USA Growth Index (Net) | 17.38 | 17.38 | 8.04 | 1.89 | N/A |
18 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Columbia Acorn International SelectSM (Unaudited)
Top ten holdings (%) (at June 30, 2017) | |
CCL Industries, Inc. (Canada) Manufacturing services and specialty packaging products for the non-durable consumer products market | 5.9 |
Hexagon AB, Class B (Sweden) Design, measurement and visualisation technologies | 5.3 |
Partners Group Holding AG (Switzerland) Global private markets asset management firm | 5.1 |
Wirecard AG (Germany) Internet payment and processing services | 5.0 |
MTU Aero Engines AG (Germany) Develops and manufactures engines and offers commercial engine services and support | 4.1 |
NetEase, Inc., ADR (China) Internet technology company that develops applications, services and Internet technologies | 4.1 |
Naspers Ltd., Class N (South Africa) Electronic and print media industries | 4.1 |
Hoya Corp. (Japan) Electro-optics products | 3.8 |
Geberit AG (Switzerland) Water supply pipes and fittings, installation systems, drainage and flushing systems | 3.5 |
Novozymes AS, Class B (Denmark) Enzymes for industrial use | 3.4 |
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Columbia Acorn International SelectSM (Unaudited)
Equity sector breakdown (%) (at June 30, 2017) | |
Consumer Discretionary | 16.9 |
Consumer Staples | 3.0 |
Financials | 8.4 |
Health Care | 7.0 |
Industrials | 22.5 |
Information Technology | 25.6 |
Materials | 13.5 |
Real Estate | 3.1 |
Total | 100.0 |
Country breakdown (%) (at June 30, 2017) | |
Australia | 3.5 |
Canada | 5.6 |
China | 3.9 |
Denmark | 3.3 |
France | 3.4 |
Germany | 8.7 |
India | 2.8 |
Ireland | 2.7 |
Japan | 22.0 |
Mexico | 2.4 |
South Africa | 3.9 |
South Korea | 1.9 |
Sweden | 5.0 |
Switzerland | 8.1 |
Taiwan | 3.2 |
United Kingdom | 14.4 |
United States(a) | 5.2 |
Total | 100.0 |
(a) | Includes investments in Money Market Funds. |
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Columbia Acorn International SelectSM
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Columbia Acorn International SelectSM
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Columbia Acorn SelectSM (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2017) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life | ||
Class A | Excluding sales charges | 10/16/00 | 11.66 | 26.22 | 12.90 | 4.69 | 9.79 |
Including sales charges | 5.25 | 18.94 | 11.58 | 4.07 | 9.44 | ||
Class C | Excluding sales charges | 10/16/00 | 11.29 | 25.38 | 12.08 | 3.89 | 8.97 |
Including sales charges | 10.30 | 24.39 | 12.08 | 3.89 | 8.97 | ||
Class R4 | 11/08/12 | 11.77 | 26.51 | 13.17 | 4.97 | 10.12 | |
Class R5 | 11/08/12 | 11.79 | 26.64 | 13.26 | 5.01 | 10.14 | |
Class Y | 11/08/12 | 11.83 | 26.75 | 13.31 | 5.03 | 10.16 | |
Class Z | 11/23/98 | 11.77 | 26.58 | 13.23 | 4.99 | 10.13 | |
Russell 2500 Growth Index | 10.63 | 21.44 | 14.33 | 8.18 | 8.45 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 23 |
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Columbia Acorn SelectSM (Unaudited)
Top ten holdings (%) (at June 30, 2017) | |
HealthSouth Corp. Inpatient rehabilitative healthcare services | 5.3 |
Wabtec Corp. Technology products and services for the rail industry | 4.6 |
JB Hunt Transport Services, Inc. Logistics services | 4.5 |
Vail Resorts, Inc. Operates resorts globally | 4.4 |
Align Technology, Inc. Designs, manufactures, and markets the Invisalign System | 4.4 |
Snap-On, Inc. Tool and equipment solutions | 4.4 |
GoDaddy, Inc., Class A Cloud-based web platform for small businesses, web design professionals and individuals | 4.3 |
AMERCO Rental of trucks, trailers, and self storage space, as well as property and casualty and life insurance products | 4.0 |
Oshkosh Corp. Fire and emergency apparatuses and specialty commercial, and military trucks | 3.8 |
LKQ Corp. Automotive products and services | 3.8 |
Portfolio breakdown (%) (at June 30, 2017) | |
Common Stocks | 98.3 |
Money Market Funds | 1.7 |
Total | 100.0 |
Equity sector breakdown (%) (at June 30, 2017) | |
Consumer Discretionary | 18.3 |
Financials | 13.0 |
Health Care | 17.2 |
Industrials | 27.0 |
Information Technology | 14.4 |
Materials | 3.4 |
Real Estate | 6.7 |
Total | 100.0 |
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Columbia Acorn SelectSM
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Columbia Acorn SelectSM
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Columbia Thermostat FundSM (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2017) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life | ||
Class A | Excluding sales charges | 03/03/03 | 3.11 | 4.00 | 5.65 | 5.04 | 6.91 |
Including sales charges | -2.82 | -1.95 | 4.41 | 4.42 | 6.48 | ||
Class C | Excluding sales charges | 03/03/03 | 2.70 | 3.19 | 4.86 | 4.24 | 6.11 |
Including sales charges | 1.70 | 2.19 | 4.86 | 4.24 | 6.11 | ||
Class R4 | 11/08/12 | 3.27 | 4.29 | 5.91 | 5.29 | 7.18 | |
Class R5 | 11/08/12 | 3.20 | 4.23 | 5.93 | 5.30 | 7.19 | |
Class Y | 11/08/12 | 3.27 | 4.29 | 5.97 | 5.32 | 7.20 | |
Class Z | 09/25/02 | 3.22 | 4.25 | 5.91 | 5.29 | 7.18 | |
S&P 500 Index | 9.34 | 17.90 | 14.63 | 7.18 | 9.85 | ||
Bloomberg Barclays U.S. Aggregate Bond Index | 2.27 | -0.31 | 2.21 | 4.48 | 4.25 | ||
Blended Benchmark | 5.77 | 8.50 | 8.39 | 6.14 | 7.29 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 27 |
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Columbia Thermostat FundSM (Unaudited)
Portfolio breakdown (%) (at June 30, 2017) | |
Equity Funds | 19.8 |
Fixed-Income Funds | 79.8 |
Money Market Funds | 0.4 |
Total | 100.0 |
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Columbia Thermostat FundSM
Equity Funds | Weightings in category | 2nd quarter performance | Year to date performance |
Columbia Acorn International, Class Y Shares | 20% | 8.07% | 18.62% |
Columbia Dividend Income Fund, Class Y Shares | 20% | 3.07% | 8.31% |
Columbia Contrarian Core Fund, Class Y Shares | 10% | 3.89% | 10.99% |
Columbia Acorn Fund, Class Y Shares | 10% | 5.24% | 12.33% |
Columbia Acorn Select, Class Y Shares | 10% | 5.10% | 11.83% |
Columbia Large Cap Enhanced Core Fund, Class Y Shares | 10% | 3.32% | 9.42% |
Columbia Select Large Cap Growth Fund, Class Y Shares | 10% | 7.43% | 24.16% |
Columbia Select Large Cap Equity Fund, Class Y Shares | 10% | 4.41% | 11.44% |
Weighted Average Equity Gain/Loss | 100% | 5.10% | 13.29% |
Fixed-Income Funds | Weightings in category | 2nd quarter performance | Year to date performance |
Columbia Short Term Bond Fund, Class Y Shares | 40% | 0.40% | 0.76% |
Columbia Total Return Bond Fund, Class Y Shares | 20% | 1.47% | 2.76% |
Columbia U.S. Government Mortgage Fund, Class Y Shares | 20% | 1.25% | 2.25% |
Columbia Income Opportunities Fund, Class Y Shares | 10% | 2.35% | 4.56% |
Columbia U.S. Treasury Index Fund, Class Y Shares | 10% | 1.10% | 1.74% |
Weighted Average Income Gain/Loss | 100% | 1.05% | 1.91% |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 29 |
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Columbia Thermostat FundSM
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Columbia Acorn Emerging Markets FundSM (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2017) | ||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | Life | ||
Class A | Excluding sales charges | 08/19/11 | 20.22 | 15.02 | 3.97 | 3.63 |
Including sales charges | 13.31 | 8.43 | 2.74 | 2.59 | ||
Class C | Excluding sales charges | 08/19/11 | 19.80 | 14.20 | 3.19 | 2.89 |
Including sales charges | 18.80 | 13.20 | 3.19 | 2.89 | ||
Class R4 | 11/08/12 | 20.36 | 15.29 | 4.26 | 3.96 | |
Class R5 | 11/08/12 | 20.48 | 15.42 | 4.31 | 4.00 | |
Class Y | 06/13/13 | 20.57 | 15.47 | 4.35 | 4.03 | |
Class Z | 08/19/11 | 20.41 | 15.29 | 4.20 | 3.91 | |
MSCI Emerging Markets SMID Cap Index (Net) | 17.14 | 17.49 | 4.06 | 1.63 |
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Columbia Acorn Emerging Markets FundSM (Unaudited)
Top ten holdings (%) (at June 30, 2017) | |
Care Ratings Ltd. (India) Credit rating services | 4.3 |
Zee Entertainment Enterprises Ltd. (India) Hindi films, serials, game shows and children’s programs | 4.1 |
Silergy Corp. (Taiwan) High performance analog integrated circuits | 4.1 |
Koh Young Technology, Inc. (South Korea) 3D measurement and inspection equipment for testing various machineries | 4.0 |
51job, Inc., ADR (China) Integrated human resource services | 3.2 |
Qualitas Controladora SAB de CV (Mexico) Insurance holding company | 3.2 |
New Oriental Education & Technology Group, Inc., ADR (China) Educational services | 3.1 |
Korea Investment Holdings Co., Ltd. (South Korea) Financial holding company | 3.1 |
Modetour Network, Inc. (South Korea) Travel services | 3.0 |
Logo Yazilim Sanayi Ve Ticaret AS (Turkey) Enterprise resource planning software | 3.0 |
Equity sector breakdown (%) (at June 30, 2017) | |
Consumer Discretionary | 26.6 |
Consumer Staples | 10.6 |
Financials | 18.9 |
Health Care | 6.1 |
Industrials | 10.1 |
Information Technology | 17.9 |
Materials | 3.3 |
Real Estate | 2.1 |
Telecommunication Services | 4.4 |
Total | 100.0 |
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Columbia Acorn Emerging Markets FundSM (Unaudited)
Country breakdown (%) (at June 30, 2017) | |
Brazil | 4.2 |
Cambodia | 2.1 |
Cayman Islands | 4.8 |
China | 9.8 |
Finland | 1.1 |
Hong Kong | 4.1 |
India | 16.6 |
Indonesia | 7.4 |
Mexico | 5.8 |
Philippines | 1.7 |
Russian Federation | 1.1 |
South Africa | 6.5 |
South Korea | 13.8 |
Taiwan | 9.3 |
Thailand | 5.1 |
Turkey | 2.9 |
United States(a) | 3.7 |
Total | 100.0 |
(a) | Includes investments in Money Market Funds. |
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Columbia Acorn Emerging Markets FundSM
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Columbia Acorn Emerging Markets FundSM
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Columbia Acorn European FundSM (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2017) | ||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | Life | ||
Class A | Excluding sales charges | 08/19/11 | 23.50 | 23.97 | 11.48 | 10.79 |
Including sales charges | 16.41 | 16.87 | 10.17 | 9.68 | ||
Class C | Excluding sales charges | 08/19/11 | 23.14 | 23.06 | 10.68 | 9.99 |
Including sales charges | 22.14 | 22.06 | 10.68 | 9.99 | ||
Class R4 | 06/25/14 | 23.75 | 24.36 | 11.78 | 11.10 | |
Class R5 | 11/08/12 | 23.70 | 24.35 | 11.77 | 11.09 | |
Class Y | 03/01/17 | 23.79 | 24.32 | 11.76 | 11.09 | |
Class Z | 08/19/11 | 23.80 | 24.33 | 11.76 | 11.09 | |
MSCI AC Europe Small Cap Index (Net) | 19.61 | 27.31 | 14.86 | 12.49 |
36 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn European FundSM (Unaudited)
Top ten holdings (%) (at June 30, 2017) | |
Wirecard AG (Germany) Internet payment and processing services | 3.5 |
SimCorp AS (Denmark) Global provider of highly specialised software for the investment management industry | 3.2 |
Akka Technologies (France) High-technology engineering consulting services | 3.1 |
Partners Group Holding AG (Switzerland) Global private markets asset management firm | 3.0 |
Kindred Group PLC (Malta) Online gambling services | 3.0 |
Halma PLC (United Kingdom) Products that detect hazards and protect assets and people in public and commercial buildings | 2.9 |
Spirax-Sarco Engineering PLC (United Kingdom) Consultation, service and products for the control and efficient management of steam and industrial fluids | 2.6 |
Rightmove PLC (United Kingdom) Website that lists properties across Britain | 2.4 |
Inficon Holding AG (Switzerland) Vacuum instruments used to monitor and control production processes | 2.3 |
Munksjo OYJ (Finland) Industrial paper | 2.2 |
Equity sector breakdown (%) (at June 30, 2017) | |
Consumer Discretionary | 20.5 |
Consumer Staples | 1.7 |
Financials | 9.7 |
Health Care | 7.8 |
Industrials | 23.8 |
Information Technology | 21.5 |
Materials | 9.2 |
Real Estate | 5.8 |
Total | 100.0 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 37 |
Table of Contents
Columbia Acorn European FundSM (Unaudited)
Country breakdown (%) (at June 30, 2017) | |
Belgium | 1.1 |
Denmark | 4.6 |
Finland | 5.4 |
France | 5.0 |
Germany | 16.1 |
Ireland | 1.2 |
Italy | 3.8 |
Luxembourg | 1.1 |
Malta | 2.7 |
Netherlands | 1.8 |
Norway | 2.0 |
Spain | 5.5 |
Sweden | 7.6 |
Switzerland | 4.9 |
Turkey | 1.1 |
United Kingdom | 26.9 |
United States(a) | 9.2 |
Total | 100.0 |
(a) | Includes investments in Money Market Funds. |
38 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn European FundSM
Columbia Acorn Family of Funds | Semiannual Report 2017 | 39 |
Table of Contents
Columbia Acorn European FundSM
40 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Fund | Ordinary income | Short-term capital gain | Long-term capital gain |
Columbia Acorn® Fund | |||
Class A | None | 0.07292 | 0.4918 |
Class C | None | 0.07292 | 0.4918 |
Class R4 | None | 0.07292 | 0.4918 |
Class R5 | None | 0.07292 | 0.4918 |
Class Y | None | 0.07292 | 0.4918 |
Class Z | None | 0.07292 | 0.4918 |
Columbia Acorn International® | |||
Class A | 0.38359 | None | None |
Class B | 0.27675 | None | None |
Class C | 0.25724 | None | None |
Class R | 0.38359 | None | None |
Class R4 | 0.38359 | None | None |
Class R5 | 0.38359 | None | None |
Class Y | 0.38359 | None | None |
Class Z | 0.38359 | None | None |
Columbia Acorn USA® | |||
Class A | None | None | 0.55655 |
Class C | None | None | 0.55655 |
Class R4 | None | None | 0.55655 |
Class R5 | None | None | 0.55655 |
Class Y | None | None | 0.55655 |
Class Z | None | None | 0.55655 |
Columbia Acorn International SelectSM | |||
Class A | None | None | None |
Class C | None | None | None |
Class R4 | None | None | None |
Class R5 | None | None | None |
Class Y | None | None | None |
Class Z | None | None | None |
Columbia Acorn SelectSM | |||
Class A | None | None | 1.1735 |
Class C | None | None | 1.1735 |
Class R4 | None | None | 1.1735 |
Class R5 | None | None | 1.1735 |
Class Y | None | None | 1.1735 |
Class Z | None | None | 1.1735 |
Columbia Thermostat FundSM | |||
Class A | 0.23315 | None | 0.0604 |
Class C | 0.15416 | None | 0.0604 |
Class R4 | 0.23315 | None | 0.0604 |
Class R5 | 0.23315 | None | 0.0604 |
Class Y | 0.23315 | None | 0.0604 |
Class Z | 0.23315 | None | 0.0604 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 41 |
Table of Contents
Fund | Ordinary income | Short-term capital gain | Long-term capital gain |
Columbia Acorn Emerging Markets FundSM | |||
Class A | None | None | None |
Class C | None | None | None |
Class R4 | None | None | None |
Class R5 | None | None | None |
Class Y | None | None | None |
Class Z | None | None | None |
Columbia Acorn European FundSM | |||
Class A | 0.05887 | None | None |
Class C | 0.02836 | None | None |
Class R4 | 0.05887 | None | None |
Class R5 | 0.05887 | None | None |
Class Y | 0.05887 | None | None |
Class Z | 0.05887 | None | None |
42 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
(Unaudited)
January 1, 2017 — June 30, 2017 | |||||||
Account value at the beginning of the period ($) | Account value at the end of the period ($) | Expenses paid during the period ($) | Fund’s annualized expense ratio (%) | ||||
Actual | Hypothetical | Actual | Hypothetical | Actual | Hypothetical | Actual | |
Columbia Acorn® Fund | |||||||
Class A | 1,000.00 | 1,000.00 | 1,122.70 | 1,019.55 | 5.72 | 5.44 | 1.08 |
Class C | 1,000.00 | 1,000.00 | 1,118.40 | 1,015.81 | 9.67 | 9.20 | 1.83 |
Class R4 | 1,000.00 | 1,000.00 | 1,123.70 | 1,020.79 | 4.39 | 4.18 | 0.83 |
Class R5 | 1,000.00 | 1,000.00 | 1,123.40 | 1,020.89 | 4.29 | 4.08 | 0.81 |
Class Y | 1,000.00 | 1,000.00 | 1,123.30 | 1,021.14 | 4.02 | 3.83 | 0.76 |
Class Z | 1,000.00 | 1,000.00 | 1,123.50 | 1,020.79 | 4.39 | 4.18 | 0.83 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 43 |
Table of Contents
(Unaudited)
January 1, 2017 — June 30, 2017 | |||||||
Account value at the beginning of the period ($) | Account value at the end of the period ($) | Expenses paid during the period ($) | Fund’s annualized expense ratio (%) | ||||
Actual | Hypothetical | Actual | Hypothetical | Actual | Hypothetical | Actual | |
Columbia Acorn International® | |||||||
Class A | 1,000.00 | 1,000.00 | 1,184.30 | 1,019.10 | 6.37 | 5.89 | 1.17 |
Class B | 1,000.00 | 1,000.00 | 1,182.10 | 1,016.85 | 8.81 | 8.15 | 1.62 |
Class C | 1,000.00 | 1,000.00 | 1,180.10 | 1,015.26 | 10.54 | 9.75 | 1.94 |
Class R | 1,000.00 | 1,000.00 | 1,183.00 | 1,017.65 | 7.95 | 7.34 | 1.46 |
Class R4 | 1,000.00 | 1,000.00 | 1,185.60 | 1,020.14 | 5.23 | 4.84 | 0.96 |
Class R5 | 1,000.00 | 1,000.00 | 1,185.80 | 1,020.29 | 5.07 | 4.68 | 0.93 |
Class Y | 1,000.00 | 1,000.00 | 1,186.20 | 1,020.54 | 4.80 | 4.43 | 0.88 |
Class Z | 1,000.00 | 1,000.00 | 1,185.70 | 1,020.14 | 5.23 | 4.84 | 0.96 |
Columbia Acorn USA® | |||||||
Class A | 1,000.00 | 1,000.00 | 1,112.70 | 1,018.00 | 7.32 | 6.99 | 1.39 |
Class C | 1,000.00 | 1,000.00 | 1,108.90 | 1,014.26 | 11.25 | 10.75 | 2.14 |
Class R4 | 1,000.00 | 1,000.00 | 1,114.60 | 1,019.15 | 6.12 | 5.84 | 1.16 |
Class R5 | 1,000.00 | 1,000.00 | 1,114.60 | 1,019.70 | 5.54 | 5.29 | 1.05 |
Class Y | 1,000.00 | 1,000.00 | 1,114.90 | 1,019.90 | 5.33 | 5.09 | 1.01 |
Class Z | 1,000.00 | 1,000.00 | 1,114.20 | 1,019.20 | 6.06 | 5.79 | 1.15 |
Columbia Acorn International SelectSM | |||||||
Class A | 1,000.00 | 1,000.00 | 1,201.30 | 1,018.00 | 7.63 | 6.99 | 1.39 |
Class C | 1,000.00 | 1,000.00 | 1,197.10 | 1,014.26 | 11.72 | 10.75 | 2.14 |
Class R4 | 1,000.00 | 1,000.00 | 1,203.00 | 1,019.25 | 6.26 | 5.74 | 1.14 |
Class R5 | 1,000.00 | 1,000.00 | 1,203.60 | 1,019.60 | 5.88 | 5.39 | 1.07 |
Class Y | 1,000.00 | 1,000.00 | 1,203.80 | 1,019.85 | 5.60 | 5.14 | 1.02 |
Class Z | 1,000.00 | 1,000.00 | 1,203.10 | 1,019.25 | 6.26 | 5.74 | 1.14 |
Columbia Acorn SelectSM | |||||||
Class A | 1,000.00 | 1,000.00 | 1,116.60 | 1,019.15 | 6.12 | 5.84 | 1.16 |
Class C | 1,000.00 | 1,000.00 | 1,112.90 | 1,015.46 | 10.01 | 9.55 | 1.90 |
Class R4 | 1,000.00 | 1,000.00 | 1,117.70 | 1,020.39 | 4.80 | 4.58 | 0.91 |
Class R5 | 1,000.00 | 1,000.00 | 1,117.90 | 1,020.69 | 4.49 | 4.28 | 0.85 |
Class Y | 1,000.00 | 1,000.00 | 1,118.30 | 1,020.94 | 4.22 | 4.03 | 0.80 |
Class Z | 1,000.00 | 1,000.00 | 1,117.70 | 1,020.39 | 4.80 | 4.58 | 0.91 |
Columbia Acorn Emerging Markets FundSM | |||||||
Class A | 1,000.00 | 1,000.00 | 1,202.20 | 1,015.71 | 10.16 | 9.30 | 1.85 |
Class C | 1,000.00 | 1,000.00 | 1,198.00 | 1,011.97 | 14.25 | 13.04 | 2.60 |
Class R4 | 1,000.00 | 1,000.00 | 1,203.60 | 1,016.95 | 8.79 | 8.05 | 1.60 |
Class R5 | 1,000.00 | 1,000.00 | 1,204.80 | 1,017.45 | 8.25 | 7.54 | 1.50 |
Class Y | 1,000.00 | 1,000.00 | 1,205.70 | 1,017.70 | 7.97 | 7.29 | 1.45 |
Class Z | 1,000.00 | 1,000.00 | 1,204.10 | 1,016.95 | 8.79 | 8.05 | 1.60 |
Columbia Acorn European FundSM | |||||||
Class A | 1,000.00 | 1,000.00 | 1,235.00 | 1,016.26 | 9.70 | 8.75 | 1.74 |
Class C | 1,000.00 | 1,000.00 | 1,231.40 | 1,012.52 | 13.85 | 12.49 | 2.49 |
Class R4 | 1,000.00 | 1,000.00 | 1,237.50 | 1,017.50 | 8.31 | 7.49 | 1.49 |
Class R5 | 1,000.00 | 1,000.00 | 1,237.00 | 1,017.70 | 8.09 | 7.29 | 1.45 |
Class Y | 1,000.00 | 1,000.00 | 1,158.30 (a) | 1,018.05 | 4.90 (a) | 6.94 | 1.38 (a) |
Class Z | 1,000.00 | 1,000.00 | 1,238.00 | 1,017.50 | 8.31 | 7.49 | 1.49 |
44 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
(Unaudited)
January 1, 2017 — June 30, 2017 | ||||||||||
Account value at the beginning of the period ($) | Account value at the end of the period ($) | Expenses paid during the period ($) | Fund’s annualized expense ratio (%) | Effective expenses paid during the period ($) | Fund’s effective annualized expense ratio (%) | |||||
Actual | Hypothetical | Actual | Hypothetical | Actual | Hypothetical | Actual | Actual | Hypothetical | Actual | |
Class A | 1,000.00 | 1,000.00 | 1,031.10 | 1,022.44 | 2.53 | 2.52 | 0.50 | 4.96 | 4.94 | 0.98 |
Class C | 1,000.00 | 1,000.00 | 1,027.00 | 1,018.70 | 6.32 | 6.29 | 1.25 | 8.74 | 8.71 | 1.73 |
Class R4 | 1,000.00 | 1,000.00 | 1,032.70 | 1,023.68 | 1.27 | 1.26 | 0.25 | 3.70 | 3.68 | 0.73 |
Class R5 | 1,000.00 | 1,000.00 | 1,032.00 | 1,023.73 | 1.22 | 1.21 | 0.24 | 3.65 | 3.63 | 0.72 |
Class Y | 1,000.00 | 1,000.00 | 1,032.70 | 1,023.98 | 0.96 | 0.96 | 0.19 | 3.40 | 3.38 | 0.67 |
Class Z | 1,000.00 | 1,000.00 | 1,032.20 | 1,023.68 | 1.27 | 1.26 | 0.25 | 3.70 | 3.68 | 0.73 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 45 |
Table of Contents
Columbia Acorn® Fund, June 30, 2017 (Unaudited)
Common Stocks 97.5% | ||
Issuer | Shares | Value ($) |
Consumer Discretionary 19.1% | ||
Auto Components 3.6% | ||
Cooper-Standard Holding, Inc.(a) Sealing, fuel and brake delivery, fluid transfer systems, anti-vibration systems components, subsystems, and modules | 451,784 | 45,571,452 |
Gentex Corp. Products that use electro-optic technology | 2,461,315 | 46,691,146 |
LCI Industries Recreational vehicles and equipment | 316,159 | 32,374,682 |
Tenneco, Inc. Emission control and ride control products and systems | 755,739 | 43,704,386 |
Total | 168,341,666 | |
Distributors 1.3% | ||
LKQ Corp.(a) Automotive products and services | 613,166 | 20,203,820 |
Pool Corp. Wholesale distributor of swimming pool supplies, equipment and leisure products | 363,757 | 42,766,910 |
Total | 62,970,730 | |
Diversified Consumer Services 1.8% | ||
Adtalem Global Education, Inc. Higher education institutions | 1,166,023 | 44,250,573 |
Bright Horizons Family Solutions, Inc.(a) Child care and early education services | 503,751 | 38,894,615 |
Total | 83,145,188 | |
Hotels, Restaurants & Leisure 5.3% | ||
Dave & Buster’s Entertainment, Inc.(a) Venues that combine dining and entertainment for adults and families | 585,000 | 38,908,350 |
Domino’s Pizza, Inc. Network of company-owned and franchise Domino’s Pizza stores | 146,004 | 30,884,226 |
Dunkin’ Brands Group, Inc. Quick service restaurants serving hot and cold coffee and baked goods | 497,307 | 27,411,562 |
Extended Stay America, Inc. Hotels and motels | 2,524,610 | 48,876,449 |
Papa John’s International, Inc. Pizza delivery and carry-out restaurants | 388,881 | 27,906,100 |
Texas Roadhouse, Inc. Moderately priced, full service restaurant chain | 785,585 | 40,025,556 |
Vail Resorts, Inc. Operates resorts globally | 164,508 | 33,367,158 |
Total | 247,379,401 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Household Durables 2.6% | ||
Cavco Industries, Inc.(a) Designs and manufactures systems-built structures | 161,382 | 20,923,176 |
iRobot Corp.(a) Manufactures robots for cleaning | 245,019 | 20,615,899 |
Leggett & Platt, Inc. Manufactures a wide range of engineered products | 455,960 | 23,951,579 |
NVR, Inc.(a) Builds and markets homes and conducts mortgage banking activities | 23,620 | 56,938,608 |
Total | 122,429,262 | |
Internet & Direct Marketing Retail 0.8% | ||
Wayfair, Inc., Class A(a),(b) Retails household goods online | 492,467 | 37,860,863 |
Leisure Products 1.2% | ||
Brunswick Corp. Consumer products serving the outdoor and indoor active recreation markets | 533,830 | 33,487,156 |
Polaris Industries, Inc.(b) Off-road and on-road vehicles | 267,940 | 24,712,106 |
Total | 58,199,262 | |
Specialty Retail 2.0% | ||
Five Below, Inc.(a) Specialty value retailer | 607,273 | 29,981,068 |
Monro Muffler Brake, Inc. Automotive undercar repair and tire services | 404,719 | 16,897,018 |
Tractor Supply Co. Retail farm store chain | 510,828 | 27,691,986 |
Ulta Beauty, Inc.(a) Chain of beauty stores | 67,657 | 19,440,562 |
Total | 94,010,634 | |
Textiles, Apparel & Luxury Goods 0.5% | ||
Hanesbrands, Inc. Apparel and clothing products | 1,019,311 | 23,607,243 |
Total Consumer Discretionary | 897,944,249 | |
Consumer Staples 1.6% | ||
Food & Staples Retailing 0.5% | ||
US Foods Holding Corp.(a) Catering services | 847,744 | 23,075,592 |
46 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn® Fund, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Household Products 1.1% | ||
Spectrum Brands Holdings, Inc. Global and diversified consumer products company | 209,802 | 26,233,642 |
WD-40 Co. Multi-purpose lubricant products and heavy-duty hand cleaners | 214,015 | 23,616,555 |
Total | 49,850,197 | |
Total Consumer Staples | 72,925,789 | |
Energy 2.2% | ||
Energy Equipment & Services 1.1% | ||
Oceaneering International, Inc. Services and products for the offshore oil and gas industry | 735,000 | 16,787,400 |
RPC, Inc.(b) Provides specialized oilfield services and equipment | 1,656,581 | 33,479,502 |
Total | 50,266,902 | |
Oil, Gas & Consumable Fuels 1.1% | ||
Carrizo Oil & Gas, Inc.(a) Natural gas and crude oil | 685,655 | 11,944,110 |
Cimarex Energy Co. Crude oil and natural gas | 160,680 | 15,105,527 |
Diamondback Energy, Inc.(a) Independent oil and natural gas company | 298,502 | 26,509,963 |
Total | 53,559,600 | |
Total Energy | 103,826,502 | |
Financials 8.2% | ||
Banks 1.3% | ||
BOK Financial Corp. Multi-bank holding company | 249,073 | 20,954,511 |
MB Financial, Inc. Holding company for MB Financial Bank, N.A. | 534,616 | 23,544,489 |
SVB Financial Group(a) Holding company for Silicon Valley Bank | 100,686 | 17,699,592 |
Total | 62,198,592 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Capital Markets 6.4% | ||
Ares Capital Corp. Management investment company | 2,267,080 | 37,134,770 |
CBOE Holdings, Inc. Marketplace for the trading of standardized and listed options on equity securities | 455,004 | 41,587,366 |
Eaton Vance Corp. Creates, markets, and manages mutual funds | 839,859 | 39,742,128 |
Factset Research Systems, Inc. Global economic and financial data to analysts, investment bankers, and financial professionals | 140,341 | 23,321,867 |
Interactive Brokers Group, Inc., Class A Automated global electronic market maker and broker | 525,166 | 19,651,712 |
Lazard Ltd., Class A Corporate Advisory & Asset Management | 640,918 | 29,693,731 |
MarketAxess Holdings, Inc. Electronic, multi-dealer to client platform for bond trading | 119,061 | 23,943,167 |
Nasdaq, Inc. Operates a global stock exchange | 335,947 | 24,016,851 |
Raymond James Financial, Inc. Financial services to individuals, corporations, and municipalities | 752,851 | 60,393,707 |
Total | 299,485,299 | |
Consumer Finance 0.5% | ||
Credit Acceptance Corp.(a),(b) Funding, receivables management, collection, sales training, and related services to automobile dealers | 99,606 | 25,612,687 |
Total Financials | 387,296,578 | |
Health Care 21.4% | ||
Biotechnology 4.5% | ||
Agios Pharmaceuticals, Inc.(a) Therapeutics in the field of cancer metabolism | 446,134 | 22,953,594 |
Bioverativ, Inc.(a) Innovative therapies for the treatment of blood disorders | 589,054 | 35,443,379 |
Celldex Therapeutics, Inc.(a),(b) Uses applications of immunology to prevent and treat diseases | 6,019,590 | 14,868,387 |
Genomic Health, Inc.(a) Development and commercialization of genomic-based clinical diagnostic tests for cancer | 1,178,916 | 38,373,716 |
Kite Pharma, Inc.(a),(b) Develops and manufacturers pharmaceuticals | 268,892 | 27,876,034 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 47 |
Table of Contents
Columbia Acorn® Fund, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Ligand Pharmaceuticals, Inc.(a) Drugs that regulate hormone activated intracellular receptors | 216,500 | 26,283,100 |
Seattle Genetics, Inc.(a) Monoclonal antibody-based drugs to treat cancer and related diseases | 413,994 | 21,420,050 |
Ultragenyx Pharmaceutical, Inc.(a) Therapeutics and sialic acid for treating metabolic, body myopathy, glucuronidase, and rare genetic diseases | 401,040 | 24,908,594 |
Total | 212,126,854 | |
Health Care Equipment & Supplies 9.9% | ||
Align Technology, Inc.(a) Designs, manufactures, and markets the Invisalign System | 624,458 | 93,743,634 |
Dentsply Sirona, Inc. Dental supplies | 294,726 | 19,110,034 |
Endologix, Inc.(a) Minimally invasive treatments for vascular diseases | 4,111,934 | 19,983,999 |
Haemonetics Corp.(a) Automated blood processing systems | 489,529 | 19,331,500 |
IDEXX Laboratories, Inc.(a) Diagnostic, detection, and information systems for veterinary, food, and water testing applications | 116,083 | 18,738,118 |
iRhythm Technologies, Inc.(a) Medical instruments | 750,000 | 31,867,500 |
LivaNova PLC(a) Medical technology focusing on neuromodulation, cardiac surgery and rhythm management | 659,652 | 40,377,299 |
Masimo Corp.(a) Medical signal processing and sensor technology for non-invasive monitoring of physiological parameters | 551,711 | 50,305,009 |
Natus Medical, Inc.(a) Medical device company that develops, manufactures, and markets screening products | 917,745 | 34,231,888 |
ResMed, Inc. Medical equipment for the treatment of sleep disordered breathing | 473,808 | 36,895,429 |
Varex Imaging Corp.(a) X-ray imaging components | 1,272,569 | 43,012,832 |
Varian Medical Systems, Inc.(a) Medical equipment | 196,943 | 20,322,548 |
West Pharmaceutical Services, Inc. Drug therapies and healthcare products | 384,253 | 36,319,594 |
Total | 464,239,384 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Health Care Providers & Services 2.1% | ||
AMN Healthcare Services, Inc.(a) Temporary healthcare staffing | 509,669 | 19,902,574 |
HealthSouth Corp. Inpatient rehabilitative healthcare services | 1,651,574 | 79,936,182 |
Total | 99,838,756 | |
Health Care Technology 1.7% | ||
Evolent Health, Inc., Class A(a) Purpose-built platform enables providers to migrate their payment models | 1,463,000 | 37,087,050 |
Medidata Solutions, Inc.(a) Hosted clinical development solutions | 298,957 | 23,378,438 |
Veeva Systems Inc., Class A(a) Cloud-based business services | 333,727 | 20,460,802 |
Total | 80,926,290 | |
Life Sciences Tools & Services 3.2% | ||
Agilent Technologies, Inc. Core bio-analytical and electronic measurement solutions | 330,675 | 19,612,334 |
Cambrex Corp.(a) Products, services, and technologies for the Life Sciences and fine chemicals industry | 500,000 | 29,875,000 |
Mettler-Toledo International, Inc.(a) Weighing instruments for use in laboratory, industrial, and food retailing applications | 42,245 | 24,862,872 |
Pra Health Sciences, Inc.(a) Global contract research organization | 1,039,239 | 77,953,318 |
Total | 152,303,524 | |
Total Health Care | 1,009,434,808 | |
Industrials 17.0% | ||
Aerospace & Defense 0.8% | ||
HEICO Corp., Class A Aerospace products and services | 641,221 | 39,787,763 |
Air Freight & Logistics 0.5% | ||
Expeditors International of Washington, Inc. Global logistics company | 393,886 | 22,246,681 |
48 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn® Fund, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Commercial Services & Supplies 2.6% | ||
Cintas Corp. Corporate identity uniform programs | 403,721 | 50,884,995 |
Copart, Inc.(a) Services to process and sell salvage vehicles through auctions | 1,128,208 | 35,865,732 |
Unifirst Corp. Workplace uniforms and protective clothing | 265,145 | 37,305,902 |
Total | 124,056,629 | |
Industrial Conglomerates 0.9% | ||
Carlisle Companies, Inc. Construction materials, transportation products, and general industry products | 417,100 | 39,791,340 |
Machinery 6.5% | ||
Graco, Inc. Technology for the management of fluids in industrial and commercial applications | 208,865 | 22,824,767 |
Middleby Corp. (The)(a) Equipment for use in cooking and preparing food | 154,088 | 18,723,233 |
Nordson Corp. Systems that apply adhesives, sealants, and coatings to products during manufacturing | 228,430 | 27,713,128 |
Oshkosh Corp. Fire and emergency apparatuses and specialty commercial, and military trucks | 834,877 | 57,506,328 |
REV Group, Inc. Specialty vehicles and related aftermarket parts and services | 687,646 | 19,034,041 |
Snap-On, Inc. Tool and equipment solutions | 267,291 | 42,231,978 |
Toro Co. (The) Turf equipment | 658,571 | 45,632,385 |
WABCO Holdings, Inc.(a) Electronic braking, stability, suspension, and transmission control systems commercial vehicles | 290,356 | 37,023,293 |
Wabtec Corp. Technology products and services for the rail industry | 408,200 | 37,350,300 |
Total | 308,039,453 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Professional Services 3.4% | ||
ManpowerGroup, Inc. Non-governmental employment services | 405,631 | 45,288,701 |
Navigant Consulting, Inc.(a) Independent consulting firm | 232,545 | 4,595,089 |
Robert Half International, Inc. Temporary and permanent staffing services | 398,836 | 19,116,210 |
TransUnion (a) Offers consumer reports, risk scores, analytical services, and decisioning capabilities to businesses | 1,215,207 | 52,630,615 |
Wageworks, Inc.(a) Tax-advantaged programs for consumer-directed health, commuter, and other employee spending account benefits | 599,078 | 40,258,042 |
Total | 161,888,657 | |
Road & Rail 1.2% | ||
JB Hunt Transport Services, Inc. Logistics services | 216,663 | 19,798,665 |
Old Dominion Freight Line, Inc. Inter-regional and multi-regional motor carrier | 394,560 | 37,577,894 |
Total | 57,376,559 | |
Trading Companies & Distributors 1.1% | ||
Watsco, Inc. Air conditioning, heating, and refrigeration equipment | 322,134 | 49,673,063 |
Total Industrials | 802,860,145 | |
Information Technology 21.1% | ||
Electronic Equipment, Instruments & Components 2.9% | ||
CDW Corp. IT products and services | 1,078,107 | 67,414,030 |
IPG Photonics Corp.(a) High-power fiber lasers and amplifiers | 469,098 | 68,066,120 |
Total | 135,480,150 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 49 |
Table of Contents
Columbia Acorn® Fund, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Internet Software & Services 4.9% | ||
CoStar Group, Inc.(a) Provides building-specific information to the United States commercial real estate industry and related industries | 129,467 | 34,127,501 |
GoDaddy, Inc., Class A(a) Cloud-based web platform for small businesses, web design professionals and individuals | 1,385,480 | 58,772,062 |
NIC, Inc. Provides eGovernment services | 1,151,586 | 21,822,555 |
Nutanix, Inc., Class A(a),(b) Enterprise cloud platforms | 1,299,421 | 26,183,333 |
Q2 Holdings, Inc.(a) Secure, cloud-based virtual banking solutions | 646,494 | 23,887,953 |
Quotient Technology, Inc.(a) Operates a promotion platform | 2,074,658 | 23,858,567 |
SPS Commerce, Inc.(a) On-demand supply chain management solutions through an online hosted software suite | 327,715 | 20,895,108 |
VeriSign, Inc.(a) Domain names and Internet security services | 257,539 | 23,940,826 |
Total | 233,487,905 | |
IT Services 5.2% | ||
Black Knight Financial Services, Inc., Class A(a) Itegrated technology, workflow automation, and data and analytics for the mortgage industry | 843,434 | 34,538,623 |
Booz Allen Hamilton Holdings Corp. Technology consulting services to the U.S. government in the defense, intelligence, and civil markets | 1,228,269 | 39,967,873 |
Broadridge Financial Solutions, Inc. Technology-based outsourcing solutions to the financial services industry | 290,539 | 21,953,127 |
CoreLogic, Inc.(a) Consumer, financial and property information, analytics and services to business and government | 455,856 | 19,775,033 |
ExlService Holdings, Inc.(a) Offshore business process outsourcing solutions | 472,096 | 26,239,096 |
Gartner, Inc.(a) Research and analysis on computer hardware, software, communications, and information technology | 436,151 | 53,869,010 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
MAXIMUS, Inc. Program management and consulting services to state and local governments | 372,592 | 23,335,437 |
Vantiv, Inc., Class A(a) Integrated payment processor | 375,392 | 23,777,329 |
Total | 243,455,528 | |
Semiconductors & Semiconductor Equipment 1.0% | ||
Advanced Energy Industries, Inc.(a) Engineered precision power conversion, measurement and control solutions | 415,000 | 26,846,350 |
Monolithic Power Systems, Inc. Power management solutions | 200,716 | 19,349,022 |
Total | 46,195,372 | |
Software 7.1% | ||
ANSYS, Inc.(a) Software solutions for design analysis and optimization | 566,098 | 68,882,805 |
Blackline, Inc.(a) Develops and markets enterprise software | 767,620 | 27,434,739 |
Cadence Design Systems, Inc.(a) Software technology, design and consulting services and technology | 1,127,700 | 37,766,673 |
CyberArk Software Ltd.(a) IT security solutions | 402,728 | 20,116,264 |
Guidewire Software, Inc.(a) Enterprise software for the property and casualty insurance industry | 373,910 | 25,691,356 |
Manhattan Associates, Inc.(a) Information technology solutions for distribution centers | 727,028 | 34,940,966 |
Qualys, Inc.(a) Information technology security risk and compliance management solutions | 980,773 | 40,015,538 |
Synopsys, Inc.(a) Electronic design automation solutions | 541,651 | 39,502,607 |
Ultimate Software Group, Inc. (The)(a) Software solutions | 204,301 | 42,915,468 |
Total | 337,266,416 | |
Total Information Technology | 995,885,371 | |
Materials 1.3% | ||
Chemicals 1.3% | ||
Celanese Corp., Class A Global integrated producer of chemicals and advanced materials | 638,726 | 60,640,646 |
Total Materials | 60,640,646 |
50 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Columbia Acorn® Fund, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Real Estate 4.7% | ||
Equity Real Estate Investment Trusts (REITS) 3.9% | ||
CoreCivic, Inc. Detention and corrections services | 1,567,420 | 43,229,444 |
Education Realty Trust, Inc. Self-managed and self-advised real estate investment trust | 587,118 | 22,750,822 |
Equity Commonwealth(a) Real estate investment trust | 607,000 | 19,181,200 |
Equity LifeStyle Properties, Inc. Acquires properties such as camping grounds and seasonal resort communities | 239,532 | 20,681,193 |
Federal Realty Investment Trust Self-administered real estate investment trust | 152,204 | 19,237,064 |
Lamar Advertising Co., Class A Outdoor advertising structures | 517,980 | 38,107,789 |
SBA Communications Corp(a) Wireless communications infrastructure | 151,235 | 20,401,601 |
Total | 183,589,113 | |
Real Estate Management & Development 0.8% | ||
Jones Lang LaSalle, Inc. Real estate and investment management services | 298,238 | 37,279,750 |
Total Real Estate | 220,868,863 | |
Telecommunication Services 0.9% | ||
Diversified Telecommunication Services 0.4% | ||
Zayo Group Holdings, Inc.(a) Global provider of bandwidth infrastructure services | 605,501 | 18,709,981 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Wireless Telecommunication Services 0.5% | ||
Boingo Wireless, Inc.(a) Mobile internet services | 1,674,054 | 25,043,848 |
Total Telecommunication Services | 43,753,829 | |
Total Common Stocks (Cost: $3,303,290,077) | 4,595,436,780 | |
Securities Lending Collateral 2.6% | ||
Shares | Value ($) | |
Dreyfus Government Cash Management Fund, Institutional Shares, 0.910%(c),(d) | 121,051,730 | 121,051,730 |
Total Securities Lending Collateral (Cost: $121,051,730) | 121,051,730 | |
Money Market Funds 3.1% | ||
JPMorgan U.S. Government Money Market Fund, IM Shares, 0.879% (c) | 148,396,636 | 148,396,636 |
Total Money Market Funds (Cost: $148,396,636) | 148,396,636 | |
Total Investments (Cost $3,572,738,443) | 4,864,885,146 (e) | |
Obligation to Return Collateral for Securities Loaned | (121,051,730) | |
Other Assets & Liabilities, Net | (28,296,972) | |
Net Assets | $4,715,536,444 |
(a) | Non-income producing security. |
(b) | All or a portion of this security was on loan at June 30, 2017. The total market value of securities on loan at June 30, 2017 was $119,231,924. |
(c) | The rate shown is the seven-day current annualized yield at June 30, 2017. |
(d) | Investment made with cash collateral received from securities lending activity. |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 51 |
Table of Contents
Columbia Acorn® Fund, June 30, 2017 (Unaudited)
(e) | An affiliated person of the Fund, as defined in the Investment Company Act of 1940, may include any company in which the Fund owns five percent or more of its outstanding voting shares. Holdings and transactions in these affiliated companies during the six months ended June 30, 2017, are as follows. At June 30, 2017, the Fund had no outstanding affiliated investments. |
Issuer | Beginning shares | Shares purchased | Shares sold | Ending shares | Value ($) | Dividend — affiliated issuers ($) | Realized Gain (Loss) |
Boingo Wireless, Inc.1 | 2,180,974 | — | (506,920) | 1,674,054 | 25,043,848 | — | 2,981,177 |
Celldex Therapeutics, Inc.1 | 6,019,590 | — | — | 6,019,590 | 14,868,387 | — | — |
Endologix, Inc.1 | 4,661,700 | — | (549,766) | 4,111,934 | 19,983,999 | — | (1,237,035) |
Nutanix, Inc., Class A1 | 898,090 | 492,000 | (90,669) | 1,299,421 | 26,183,333 | — | (800,974) |
Total of Affiliated Transactions | 13,760,354 | 492,000 | (1,147,355) | 13,104,999 | 86,079,567 | — | 943,168 |
1 | At June 30, 2017, the Fund owned less than five percent of the company’s outstanding voting shares. |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
Level 1 quoted prices in active markets for identical assets ($) | Level 2 other significant observable inputs ($) | Level 3 significant unobservable inputs ($) | Total ($) | |
Investments | ||||
Common Stocks | ||||
Consumer Discretionary | 897,944,249 | — | — | 897,944,249 |
Consumer Staples | 72,925,789 | — | — | 72,925,789 |
Energy | 103,826,502 | — | — | 103,826,502 |
Financials | 387,296,578 | — | — | 387,296,578 |
Health Care | 1,009,434,808 | — | — | 1,009,434,808 |
Industrials | 802,860,145 | — | — | 802,860,145 |
Information Technology | 995,885,371 | — | — | 995,885,371 |
52 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn® Fund, June 30, 2017 (Unaudited)
Level 1 quoted prices in active markets for identical assets ($) | Level 2 other significant observable inputs ($) | Level 3 significant unobservable inputs ($) | Total ($) | |
Materials | 60,640,646 | — | — | 60,640,646 |
Real Estate | 220,868,863 | — | — | 220,868,863 |
Telecommunication Services | 43,753,829 | — | — | 43,753,829 |
Total Common Stocks | 4,595,436,780 | — | — | 4,595,436,780 |
Securities Lending Collateral | 121,051,730 | — | — | 121,051,730 |
Money Market Funds | 148,396,636 | — | — | 148,396,636 |
Total Investments | 4,864,885,146 | — | — | 4,864,885,146 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 53 |
Table of Contents
Columbia Acorn International®, June 30, 2017 (Unaudited)
Common Stocks 97.7% | ||
Issuer | Shares | Value ($) |
Australia 1.5% | ||
Amcor Ltd. International integrated packaging company | 2,475,208 | 30,835,491 |
Domino’s Pizza Enterprises Ltd.(a) Pizza delivery stores | 1,145,666 | 45,844,598 |
Total | 76,680,089 | |
Brazil 0.5% | ||
Raia Drogasil SA Chain of pharmaceutical stores | 1,266,000 | 26,941,049 |
Canada 7.2% | ||
Boardwalk Real Estate Investment Trust(a) Real estate company | 1,053,355 | 38,623,558 |
CAE, Inc. Training solutions based on simulation technology and integrated training services | 2,499,934 | 43,104,969 |
CCL Industries, Inc. Manufacturing services and specialty packaging products for the non-durable consumer products market | 2,847,220 | 144,051,592 |
PrairieSky Royalty Ltd.(a) Indirect oil and gas investments | 1,261,650 | 28,729,584 |
ShawCor Ltd. Energy services company | 1,082,367 | 22,101,387 |
Tahoe Resources, Inc. Mining services | 3,755,098 | 32,373,531 |
Uni-Select, Inc. Wholesale distribution of automotive replacement parts, equipment, tools, and accessories | 1,164,748 | 28,130,712 |
Vermilion Energy, Inc.(a) Oil and natural gas | 803,247 | 25,482,404 |
Total | 362,597,737 | |
Cayman Islands 1.0% | ||
Silicon Motion Technology Corp., ADR Semiconductor products | 1,020,000 | 49,194,600 |
China 3.3% | ||
China Medical System Holdings Ltd. Pharmaceutical and medical products | 30,095,000 | 52,036,232 |
New Oriental Education & Technology Group, Inc., ADR(b) Educational services | 854,964 | 60,266,413 |
Shenzhou International Group Holdings Ltd. Manufactures and processes textiles | 3,618,000 | 23,789,699 |
TravelSky Technology Ltd., Class H IT solutions for China’s air travel and tourism industries | 9,316,000 | 27,440,309 |
Total | 163,532,653 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Denmark 3.5% | ||
Novozymes AS, Class B Enzymes for industrial use | 1,453,477 | 63,605,735 |
SimCorp AS Global provider of highly specialised software for the investment management industry | 932,367 | 56,483,222 |
William Demant Holding AS(b) Hearing aids, audiometers, tympanometers, diagnostic instruments, and wireless communication equipment | 2,052,031 | 53,110,390 |
Total | 173,199,347 | |
France 1.7% | ||
Elior Group Provides catering, cleaning, and facility management services | 1,920,770 | 55,810,445 |
Ipsen SA Medical drugs for targeted disease areas | 233,984 | 32,029,283 |
Total | 87,839,728 | |
Germany 6.7% | ||
Fielmann AG Prescription eyeglasses, specialty glasses, sunglasses, contact lenses, and optical supplies | 621,901 | 47,973,934 |
MTU Aero Engines AG Develops and manufactures engines and offers commercial engine services and support | 445,000 | 62,769,690 |
Rational AG Food preparation appliances/processors and kitchen accessories | 74,335 | 39,564,190 |
Stroeer SE & Co. KGaA(a) Digital multi-channel media company | 884,049 | 52,949,521 |
Wirecard AG(a) Internet payment and processing services | 1,525,000 | 97,051,883 |
Zalando SE(b) Online sale of fashion accessories | 714,116 | 32,633,250 |
Total | 332,942,468 | |
Hong Kong 0.5% | ||
Value Partners Group Ltd. Independent, value oriented asset management group | 28,101,000 | 25,578,725 |
India 2.6% | ||
TVS Motor Co., Ltd. Motorcycles, mopeds and scooters | 6,268,373 | 53,220,065 |
Zee Entertainment Enterprises Ltd. Hindi films, serials, game shows and children’s programs | 10,025,681 | 76,095,925 |
Total | 129,315,990 |
54 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn International®, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Indonesia 0.9% | ||
PT Matahari Department Store Tbk Retail clothes, accessories, bags, shoes, cosmetics, household appliances, and management consulting services. | 40,982,800 | 43,584,049 |
Ireland 0.6% | ||
UDG Healthcare PLC Commercialisation solutions for health care companies | 2,857,000 | 32,224,714 |
Italy 2.5% | ||
Brembo SpA Braking systems and components | 6,731,505 | 98,488,227 |
Industria Macchine Automatiche SpA Packaging machinery for the food, pharmaceuticals, and cosmetics industries | 290,000 | 26,646,923 |
Total | 125,135,150 | |
Japan 21.8% | ||
Aeon Credit Service Co., Ltd. Credit card company | 2,147,000 | 45,563,873 |
Aeon Mall Co., Ltd. Large-scale shopping malls | 3,622,500 | 71,569,547 |
Aica Kogyo Co., Ltd. Manufactures adhesives, melamine boards, and housing materials | 909,100 | 27,759,648 |
Asahi Intecc Co., Ltd. Manufactures medical tools and stainless wire rope | 551,700 | 25,104,630 |
Bandai Namco Holdings, Inc. Manufactures toys, stuffed animals, character goods, video games, commercial- and home-use game equipment and software | 1,324,400 | 45,251,237 |
CyberAgent, Inc. Operates websites, internet advertising agency and creates PC and mobile contents | 1,428,000 | 44,348,799 |
DIP Corp. Matching services through Internet for job agencies and job seekers | 235,400 | 4,788,696 |
Disco Corp. Abrasive and precision industrial machinery for cutting and grinding purposes | 234,600 | 37,627,826 |
FamilyMart UNY Holdings Co., Ltd. Chain of convenience stores | 947,300 | 54,247,974 |
Glory Ltd. Vending machines, coin-operated lockers, money handling machines, and data processing terminals | 1,117,900 | 36,715,771 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Hikari Tsushin, Inc. Distribution network, telecommunication, office automation equipment, in-house products and individual insurance plans | 577,700 | 60,864,047 |
Makita Corp. Electric power tools | 752,500 | 27,868,113 |
MonotaRO Co., Ltd(a) Machine tools, engine parts, and factory consumable goods | 1,307,800 | 42,264,637 |
NGK Insulators Ltd. Electrical insulators, industrial ceramic products, environmental systems and electronic parts | 1,375,200 | 27,570,208 |
NGK Spark Plug Co., Ltd. Spark plugs for automobiles, motorcycles, agricultural machinery, ships, and aircrafts | 1,528,900 | 32,749,824 |
Nihon M&A Center, Inc. Provides M&A advisory services to small and medium-sized enterprises | 651,200 | 23,836,800 |
Nissan Chemical Industries Ltd. Variety of chemical products | 995,000 | 32,971,211 |
NOF Corp. Diversified chemical producer | 3,000,000 | 38,291,092 |
Obic Co., Ltd. Computer system integration, office automation, consultation, and system support services | 595,100 | 36,643,844 |
Omron Corp. Electronic components, equipment and systems used for factory automation | 1,004,000 | 43,703,518 |
OSG Corp.(a) Manufactures machine tool equipment | 1,128,300 | 23,037,300 |
Otsuka Corp. Computer information system and software | 696,500 | 43,325,115 |
Persol Holdings Co., Ltd. Human resource solutions | 1,600,000 | 30,061,113 |
Santen Pharmaceutical Co., Ltd. Ophthalmic medicine | 1,902,000 | 25,835,109 |
Sekisui Chemical Co., Ltd. Unit residential houses in addition to parcels of land | 3,671,500 | 65,879,376 |
Seven Bank Ltd. Banking services through Automated Teller Machine (ATM) | 11,623,200 | 41,674,478 |
Sohgo Security Services Co., Ltd. Around the clock security services | 841,400 | 37,980,876 |
Sony Financial Holdings, Inc. Financial holding company | 1,870,000 | 31,980,711 |
Ushio, Inc. Lamps and optical equipment | 2,383,100 | 30,079,068 |
Total | 1,089,594,441 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 55 |
Table of Contents
Columbia Acorn International®, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Malta 1.7% | ||
Kindred Group PLC Online gambling services | 7,374,685 | 83,422,256 |
Mexico 1.6% | ||
Grupo Aeroportuario del Sureste SAB de CV, ADR Operates airports in Mexico | 384,900 | 80,982,960 |
Netherlands 1.6% | ||
Aalberts Industries NV Industrial services and flow control systems | 2,044,797 | 81,414,282 |
New Zealand 0.6% | ||
Auckland International Airport Ltd. Owns and operates the Auckland International Airport | 5,805,568 | 30,335,239 |
Philippines 0.5% | ||
Universal Robina Corp. Branded consumer foods | 7,700,000 | 24,872,847 |
Singapore 1.6% | ||
Mapletree Commercial Trust Singapore-focused real estate investment trust | 32,720,300 | 37,907,302 |
Singapore Exchange Singapore’s Securities and derivatives exchange and clearing houses | 7,714,200 | 41,112,683 |
Total | 79,019,985 | |
South Africa 1.5% | ||
Clicks Group Ltd. Owns and operates chains of retail stores | 2,665,748 | 28,527,019 |
Rand Merchant Investment Holdings Ltd. Investment holding company | 14,964,784 | 44,599,803 |
Total | 73,126,822 | |
South Korea 3.6% | ||
GS Retail Co., Ltd. Chain of retail stores | 210,616 | 9,496,747 |
Korea Aerospace Industries Ltd. Aircraft parts | 434,400 | 21,641,218 |
Korea Investment Holdings Co., Ltd. Financial holding company | 793,245 | 48,608,243 |
Korea Zinc Co. Ltd. Non-ferrous metal smelting | 97,000 | 38,653,097 |
Medy-Tox, Inc. Biopharmaceutical products using clostridium botulinum | 125,506 | 61,460,220 |
Total | 179,859,525 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Spain 3.0% | ||
Bolsas y Mercados Españoles SHMSF SA(a) Barcelona, Bilbao, Madrid, and Valencia Stock Exchanges | 1,276,000 | 46,075,163 |
Merlin Properties Socimi SA Real estate investment trust | 2,114,000 | 26,704,418 |
Prosegur Cia de Seguridad SA, Registered Shares Security and transportation services | 5,000,000 | 32,494,158 |
Viscofan SA Artificial casings made of cellulose, collagen, and plastic for use in the meat industry | 751,424 | 44,456,763 |
Total | 149,730,502 | |
Sweden 4.7% | ||
Hexagon AB, Class B Design, measurement and visualisation technologies | 2,636,121 | 125,317,989 |
NetEnt AB Computer gaming software | 3,120,000 | 27,275,511 |
Sweco AB, Class B Consulting company specializing in engineering, environmental technology, and architecture | 1,137,443 | 28,123,183 |
Trelleborg AB, Class B Manufactures and distributes industrial products | 2,296,587 | 52,421,294 |
Total | 233,137,977 | |
Switzerland 4.3% | ||
Geberit AG Water supply pipes and fittings, installation systems, drainage and flushing systems | 94,892 | 44,254,565 |
Givaudan SA Manufactures and markets fragrances and flavors | 15,270 | 30,543,185 |
Partners Group Holding AG Global private markets asset management firm | 226,380 | 140,351,350 |
Total | 215,149,100 | |
Taiwan 2.0% | ||
Largan Precision Co., Ltd. Optical lens modules and optoelectronic components | 405,000 | 64,481,898 |
Silergy Corp. High performance analog integrated circuits | 1,770,000 | 34,081,201 |
Total | 98,563,099 |
56 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn International®, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Thailand 1.0% | ||
Home Product Center PCL, Foreign Registered Shares Building materials and home improvement products | 90,670,700 | 25,602,881 |
Tisco Financial Group PCL Bank holding company | 11,363,000 | 25,411,307 |
Total | 51,014,188 | |
United Kingdom 15.0% | ||
Croda International PLC Chemicals and chemical products | 691,401 | 34,985,007 |
Domino’s Pizza Group PLC Pizza delivery stores | 9,120,000 | 34,910,444 |
DS Smith PLC Provides corrugated packaging services | 8,749,564 | 53,970,824 |
Halma PLC Products that detect hazards and protect assets and people in public and commercial buildings | 5,256,048 | 75,303,117 |
JD Sports Fashion PLC Brand-name sports and leisure wear | 5,023,000 | 22,897,716 |
Kingfisher PLC International home improvement company | 16,771,956 | 65,686,797 |
LivaNova PLC(b) Medical technology focusing on neuromodulation, cardiac surgery and rhythm management | 929,961 | 56,922,913 |
Micro Focus International PLC Enterprise application management solutions | 1,500,000 | 44,367,947 |
Rentokil Initial PLC Fully integrated facilities management and essential support services | 11,681,194 | 41,580,318 |
Rightmove PLC Website that lists properties across Britain | 1,351,781 | 74,826,634 |
Shaftesbury PLC Real estate company | 3,047,464 | 38,600,163 |
Spirax-Sarco Engineering PLC Consultation, service and products for the control and efficient management of steam and industrial fluids | 1,119,262 | 77,991,358 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
WH Smith PLC Retails books, magazines, newspapers, and periodicals | 2,401,564 | 53,643,763 |
Wolseley PLC Bathroom materials, heating and plumbing supplies, and industrial pipes, valves, and fittings | 1,181,784 | 72,543,163 |
Total | 748,230,164 | |
United States 0.7% | ||
Ultragenyx Pharmaceutical, Inc.(b) Therapeutics and sialic acid for treating metabolic, body myopathy, glucuronidase, and rare genetic diseases | 590,087 | 36,650,304 |
Total Common Stocks (Cost: $3,367,336,900) | 4,883,869,990 | |
Securities Lending Collateral 3.9% | ||
Shares | Value ($) | |
Dreyfus Government Cash Management Fund, Institutional Shares, 0.910%(c),(d) | 194,056,021 | 194,056,021 |
Total Securities Lending Collateral (Cost: $194,056,021) | 194,056,021 | |
Money Market Funds 2.4% | ||
JPMorgan U.S. Government Money Market Fund, IM Shares, 0.879% (c) | 120,050,870 | 120,050,870 |
Total Money Market Funds (Cost: $120,050,870) | 120,050,870 | |
Total Investments (Cost: $3,681,443,791) | 5,197,976,881 | |
Obligation to Return Collateral for Securities Loaned | (194,056,021) | |
Other Assets & Liabilities, Net | (6,820,541) | |
Net Assets | $4,997,100,319 |
(a) | All or a portion of this security was on loan at June 30, 2017. The total market value of securities on loan at June 30, 2017 was $184,924,231. |
(b) | Non-income producing security. |
(c) | The rate shown is the seven-day current annualized yield at June 30, 2017. |
(d) | Investment made with cash collateral received from securities lending activity. |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 57 |
Table of Contents
Columbia Acorn International®, June 30, 2017 (Unaudited)
ADR | American Depositary Receipt |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
Level 1 quoted prices in active markets for identical assets ($) | Level 2 other significant observable inputs ($) | Level 3 significant unobservable inputs ($) | Total ($) | |
Investments | ||||
Common Stocks | ||||
Australia | — | 76,680,089 | — | 76,680,089 |
Brazil | 26,941,049 | — | — | 26,941,049 |
Canada | 362,597,737 | — | — | 362,597,737 |
Cayman Islands | 49,194,600 | — | — | 49,194,600 |
China | 60,266,413 | 103,266,240 | — | 163,532,653 |
Denmark | — | 173,199,347 | — | 173,199,347 |
France | — | 87,839,728 | — | 87,839,728 |
Germany | — | 332,942,468 | — | 332,942,468 |
Hong Kong | — | 25,578,725 | — | 25,578,725 |
India | — | 129,315,990 | — | 129,315,990 |
Indonesia | — | 43,584,049 | — | 43,584,049 |
Ireland | — | 32,224,714 | — | 32,224,714 |
Italy | — | 125,135,150 | — | 125,135,150 |
Japan | — | 1,089,594,441 | — | 1,089,594,441 |
Malta | — | 83,422,256 | — | 83,422,256 |
Mexico | 80,982,960 | — | — | 80,982,960 |
Netherlands | — | 81,414,282 | — | 81,414,282 |
New Zealand | — | 30,335,239 | — | 30,335,239 |
Philippines | — | 24,872,847 | — | 24,872,847 |
Singapore | — | 79,019,985 | — | 79,019,985 |
58 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn International®, June 30, 2017 (Unaudited)
Level 1 quoted prices in active markets for identical assets ($) | Level 2 other significant observable inputs ($) | Level 3 significant unobservable inputs ($) | Total ($) | |
South Africa | — | 73,126,822 | — | 73,126,822 |
South Korea | — | 179,859,525 | — | 179,859,525 |
Spain | — | 149,730,502 | — | 149,730,502 |
Sweden | — | 233,137,977 | — | 233,137,977 |
Switzerland | — | 215,149,100 | — | 215,149,100 |
Taiwan | — | 98,563,099 | — | 98,563,099 |
Thailand | — | 51,014,188 | — | 51,014,188 |
United Kingdom | 56,922,913 | 691,307,251 | — | 748,230,164 |
United States | 36,650,304 | — | — | 36,650,304 |
Total Common Stocks | 673,555,976 | 4,210,314,014 | — | 4,883,869,990 |
Securities Lending Collateral | 194,056,021 | — | — | 194,056,021 |
Money Market Funds | 120,050,870 | — | — | 120,050,870 |
Total Investments | 987,662,867 | 4,210,314,014 | — | 5,197,976,881 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 59 |
Table of Contents
Columbia Acorn USA®, June 30, 2017 (Unaudited)
Common Stocks 97.0% | ||
Issuer | Shares | Value ($) |
Consumer Discretionary 22.4% | ||
Auto Components 5.3% | ||
Cooper-Standard Holding, Inc.(a) Sealing, fuel and brake delivery, fluid transfer systems, anti-vibration systems components, subsystems, and modules | 45,153 | 4,554,583 |
Dorman Products, Inc.(a) Automotive products and home hardware | 85,153 | 7,048,114 |
Gentex Corp. Products that use electro-optic technology | 169,542 | 3,216,211 |
LCI Industries Recreational vehicles and equipment | 133,697 | 13,690,573 |
Tenneco, Inc. Emission control and ride control products and systems | 86,630 | 5,009,813 |
Total | 33,519,294 | |
Distributors 1.0% | ||
Pool Corp. Wholesale distributor of swimming pool supplies, equipment and leisure products | 52,873 | 6,216,279 |
Diversified Consumer Services 3.5% | ||
Adtalem Global Education, Inc. Higher education institutions | 238,482 | 9,050,392 |
Bright Horizons Family Solutions, Inc.(a) Child care and early education services | 89,128 | 6,881,573 |
Laureate Education, Inc., Class A(a) Provides educational services | 373,278 | 6,543,563 |
Total | 22,475,528 | |
Hotels, Restaurants & Leisure 5.0% | ||
Extended Stay America, Inc. Hotels and motels | 428,781 | 8,301,200 |
Papa John’s International, Inc. Pizza delivery and carry-out restaurants | 89,957 | 6,455,314 |
Texas Roadhouse, Inc. Moderately priced, full service restaurant chain | 199,176 | 10,148,017 |
Vail Resorts, Inc. Operates resorts globally | 16,878 | 3,423,365 |
Wingstop, Inc. Cooked-to-order chicken wings | 107,862 | 3,332,936 |
Total | 31,660,832 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Household Durables 1.4% | ||
Cavco Industries, Inc.(a) Designs and manufactures systems-built structures | 41,802 | 5,419,629 |
iRobot Corp.(a) Manufactures robots for cleaning | 45,331 | 3,814,151 |
Total | 9,233,780 | |
Internet & Direct Marketing Retail 1.1% | ||
Wayfair, Inc., Class A(a),(b) Retails household goods online | 92,377 | 7,101,944 |
Leisure Products 2.2% | ||
Brunswick Corp. Consumer products serving the outdoor and indoor active recreation markets | 130,337 | 8,176,040 |
Polaris Industries, Inc.(b) Off-road and on-road vehicles | 64,320 | 5,932,234 |
Total | 14,108,274 | |
Specialty Retail 2.9% | ||
Camping World Holdings, Inc., Class A Recreational vehicles and accessories | 243,418 | 7,509,445 |
Five Below, Inc.(a) Specialty value retailer | 159,899 | 7,894,214 |
Monro Muffler Brake, Inc. Automotive undercar repair and tire services | 69,098 | 2,884,841 |
Total | 18,288,500 | |
Total Consumer Discretionary | 142,604,431 | |
Consumer Staples 0.9% | ||
Household Products 0.9% | ||
WD-40 Co. Multi-purpose lubricant products and heavy-duty hand cleaners | 52,593 | 5,803,637 |
Total Consumer Staples | 5,803,637 | |
Energy 1.9% | ||
Energy Equipment & Services 1.0% | ||
Core Laboratories NV Reservoir description, production enhancement, and reservoir management services | 35,225 | 3,567,236 |
Oceaneering International, Inc. Services and products for the offshore oil and gas industry | 125,430 | 2,864,821 |
Total | 6,432,057 |
60 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn USA®, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Oil, Gas & Consumable Fuels 0.9% | ||
Carrizo Oil & Gas, Inc.(a) Natural gas and crude oil | 163,326 | 2,845,139 |
PDC Energy, Inc.(a) Petroleum products | 59,483 | 2,564,312 |
Total | 5,409,451 | |
Total Energy | 11,841,508 | |
Financials 10.6% | ||
Banks 6.6% | ||
First Busey Corp. Multi-bank holding company | 222,656 | 6,528,274 |
Great Southern Bancorp, Inc. Real estate, commercial real estate, commercial business, consumer, and construction loans | 69,655 | 3,726,542 |
Lakeland Financial Corp. Bank holding company | 206,649 | 9,481,056 |
LegacyTexas Financial Group, Inc. Bank holding company | 247,299 | 9,429,511 |
MB Financial, Inc. Holding company for MB Financial Bank, N.A. | 130,791 | 5,760,036 |
Sandy Spring Bancorp, Inc. Holding company for Sandy Spring Bank | 83,440 | 3,392,670 |
Trico Bancshares Holding company for Tri Counties Bank | 105,893 | 3,722,139 |
Total | 42,040,228 | |
Capital Markets 3.0% | ||
Hamilton Lane, Inc., Class A Private market investment solutions | 175,588 | 3,861,180 |
Houlihan Lokey, Inc. Investment bank | 138,538 | 4,834,976 |
OM Asset Management PLC Domestic and international equities, fixed income, and alternative investments | 706,641 | 10,500,686 |
Total | 19,196,842 | |
Consumer Finance 1.0% | ||
FirstCash, Inc. Owns and operates pawn stores | 105,231 | 6,134,967 |
Total Financials | 67,372,037 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Health Care 21.4% | ||
Biotechnology 5.3% | ||
Agios Pharmaceuticals, Inc.(a) Therapeutics in the field of cancer metabolism | 133,850 | 6,886,583 |
Celldex Therapeutics, Inc.(a) Uses applications of immunology to prevent and treat diseases | 1,039,523 | 2,567,622 |
Exact Sciences Corp.(a) Developing and commercializing a test for the early detection and prevention of colorectal cancer | 110,335 | 3,902,549 |
Genomic Health, Inc.(a) Development and commercialization of genomic-based clinical diagnostic tests for cancer | 106,347 | 3,461,595 |
Intercept Pharmaceuticals, Inc.(a),(b) biopharmaceutical products | 30,605 | 3,705,347 |
Kite Pharma, Inc.(a) Develops and manufacturers pharmaceuticals | 41,200 | 4,271,204 |
Ligand Pharmaceuticals, Inc.(a) Drugs that regulate hormone activated intracellular receptors | 30,906 | 3,751,988 |
Ultragenyx Pharmaceutical, Inc.(a) Therapeutics and sialic acid for treating metabolic, body myopathy, glucuronidase, and rare genetic diseases | 81,974 | 5,091,405 |
Total | 33,638,293 | |
Health Care Equipment & Supplies 7.8% | ||
Anika Therapeutics, Inc.(a) Integrated orthopedic medicines company | 114,286 | 5,638,871 |
Atrion Corp. Medical products and components | 9,100 | 5,854,030 |
Endologix, Inc.(a) Minimally invasive treatments for vascular diseases | 469,553 | 2,282,028 |
Haemonetics Corp.(a) Automated blood processing systems | 119,402 | 4,715,185 |
iRhythm Technologies, Inc.(a) Medical instruments | 169,700 | 7,210,553 |
LeMaitre Vascular, Inc. Medical devices for vascular surgeons and interventionists | 113,607 | 3,546,810 |
Masimo Corp.(a) Medical signal processing and sensor technology for non-invasive monitoring of physiological parameters | 70,848 | 6,459,921 |
Natus Medical, Inc.(a) Medical device company that develops, manufactures, and markets screening products | 144,347 | 5,384,143 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 61 |
Table of Contents
Columbia Acorn USA®, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
OraSure Technologies, Inc.(a) Medical devices and diagnostic products | 273,628 | 4,722,819 |
West Pharmaceutical Services, Inc. Drug therapies and healthcare products | 40,342 | 3,813,126 |
Total | 49,627,486 | |
Health Care Providers & Services 4.0% | ||
AMN Healthcare Services, Inc.(a) Temporary healthcare staffing | 173,498 | 6,775,097 |
HealthEquity, Inc.(a) Technology-enabled services platforms for consumers to make healthcare saving and spending decisions | 87,808 | 4,375,473 |
HealthSouth Corp. Inpatient rehabilitative healthcare services | 297,678 | 14,407,615 |
Total | 25,558,185 | |
Health Care Technology 1.7% | ||
Evolent Health, Inc., Class A(a) Purpose-built platform enables providers to migrate their payment models | 218,126 | 5,529,494 |
Medidata Solutions, Inc.(a) Hosted clinical development solutions | 67,304 | 5,263,173 |
Total | 10,792,667 | |
Life Sciences Tools & Services 2.6% | ||
Bio-Techne Corp. Biotechnology products and clinical diagnostic controls | 73,179 | 8,598,532 |
Cambrex Corp.(a) Products, services, and technologies for the Life Sciences and fine chemicals industry | 138,278 | 8,262,111 |
Total | 16,860,643 | |
Total Health Care | 136,477,274 | |
Industrials 14.2% | ||
Aerospace & Defense 2.3% | ||
Astronics Corp.(a) Specialized lighting, control systems, and electronics for the cockpit, cabin, and exteriors of military, commercial jet, and aviation aircraft | 138,129 | 4,208,791 |
Astronics Corp., Class B(a) Designer & Manufacturer of Aircraft Electrical Components & Testing Equipment | 19,972 | 610,744 |
Axon Enterprise, Inc.(a),(b) Security systems | 142,827 | 3,590,671 |
HEICO Corp., Class A Aerospace products and services | 97,647 | 6,058,996 |
Total | 14,469,202 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Commercial Services & Supplies 4.6% | ||
Brink’s Co. (The) Provides security services globally | 99,339 | 6,655,713 |
Copart, Inc.(a) Services to process and sell salvage vehicles through auctions | 253,560 | 8,060,672 |
Healthcare Services Group, Inc. Housekeeping, laundry, linen, facility maintenance, and food services | 80,316 | 3,761,198 |
Knoll, Inc. Branded office furniture products and textiles | 151,271 | 3,032,984 |
Unifirst Corp. Workplace uniforms and protective clothing | 55,337 | 7,785,916 |
Total | 29,296,483 | |
Machinery 4.8% | ||
Barnes Group, Inc. International industrial and aerospace manufacturer and service provider | 129,252 | 7,565,120 |
ESCO Technologies, Inc. Engineered products and solutions | 62,153 | 3,707,426 |
Nordson Corp. Systems that apply adhesives, sealants, and coatings to products during manufacturing | 25,828 | 3,133,453 |
Oshkosh Corp. Fire and emergency apparatuses and specialty commercial, and military trucks | 46,451 | 3,199,545 |
REV Group, Inc. Specialty vehicles and related aftermarket parts and services | 134,528 | 3,723,735 |
Toro Co. (The) Turf equipment | 134,298 | 9,305,508 |
Total | 30,634,787 | |
Professional Services 2.0% | ||
ICF International, Inc.(a) Management, technology, policy consulting, and implementation services | 111,829 | 5,267,146 |
Wageworks, Inc.(a) Tax-advantaged programs for consumer-directed health, commuter, and other employee spending account benefits | 112,016 | 7,527,475 |
Total | 12,794,621 | |
Trading Companies & Distributors 0.5% | ||
Watsco, Inc. Air conditioning, heating, and refrigeration equipment | 22,574 | 3,480,911 |
Total Industrials | 90,676,004 |
62 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn USA®, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Information Technology 22.7% | ||
Electronic Equipment, Instruments & Components 1.1% | ||
IPG Photonics Corp.(a) High-power fiber lasers and amplifiers | 48,943 | 7,101,629 |
Internet Software & Services 9.4% | ||
Alteryx, Inc., Class A(a),(b) Data storage, retrieval, management, reporting, and analytics solutions | 210,257 | 4,104,217 |
Apptio, Inc., Class A(a) Cloud-based business management solutions | 185,896 | 3,225,296 |
CoStar Group, Inc.(a) Provides building-specific information to the United States commercial real estate industry and related industries | 25,882 | 6,822,495 |
j2 Global, Inc. Cloud-based communications and storage messaging services | 104,751 | 8,913,262 |
LogMeIn, Inc. Remote connectivity services | 45,330 | 4,736,985 |
Mimecast Ltd.(a) Cloud security and risk management services for corporate information and email | 212,527 | 5,691,473 |
MINDBODY, Inc., Class A(a) Business management software | 180,519 | 4,910,117 |
NIC, Inc. Provides eGovernment services | 398,959 | 7,560,273 |
Nutanix, Inc., Class A(a),(b) Enterprise cloud platforms | 275,307 | 5,547,436 |
Q2 Holdings, Inc.(a) Secure, cloud-based virtual banking solutions | 139,520 | 5,155,264 |
SPS Commerce, Inc.(a) On-demand supply chain management solutions through an online hosted software suite | 54,273 | 3,460,446 |
Total | 60,127,264 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
IT Services 5.7% | ||
CoreLogic, Inc.(a) Consumer, financial and property information, analytics and services to business and government | 92,057 | 3,993,433 |
Euronet Worldwide, Inc.(a) Electronic financial transaction solutions | 66,822 | 5,838,238 |
ExlService Holdings, Inc.(a) Offshore business process outsourcing solutions | 69,039 | 3,837,188 |
MAXIMUS, Inc. Program management and consulting services to state and local governments | 201,831 | 12,640,675 |
WNS Holdings Ltd., ADR(a) Business process outsourcing services | 298,486 | 10,255,979 |
Total | 36,565,513 | |
Semiconductors & Semiconductor Equipment 1.1% | ||
Monolithic Power Systems, Inc. Power management solutions | 69,880 | 6,736,432 |
Software 5.4% | ||
Aspen Technology, Inc.(a) Process optimization software, products and services | 81,543 | 4,506,066 |
Blackline, Inc.(a) Develops and markets enterprise software | 127,948 | 4,572,862 |
CyberArk Software Ltd.(a) IT security solutions | 70,469 | 3,519,927 |
Guidewire Software, Inc.(a) Enterprise software for the property and casualty insurance industry | 71,472 | 4,910,841 |
Manhattan Associates, Inc.(a) Information technology solutions for distribution centers | 66,288 | 3,185,801 |
Qualys, Inc.(a) Information technology security risk and compliance management solutions | 224,425 | 9,156,540 |
Tyler Technologies, Inc.(a) End-to-end information management solutions and services for local governments | 24,685 | 4,336,414 |
Total | 34,188,451 | |
Total Information Technology | 144,719,289 | |
Materials 0.7% | ||
Chemicals 0.7% | ||
Scotts Miracle-Gro Co. (The), Class A Lawn and garden products | 50,106 | 4,482,483 |
Total Materials | 4,482,483 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 63 |
Table of Contents
Columbia Acorn USA®, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Real Estate 2.2% | ||
Equity Real Estate Investment Trusts (REITS) 1.5% | ||
CoreCivic, Inc. Detention and corrections services | 216,940 | 5,983,205 |
UMH Properties, Inc. Real estate investment trust | 206,341 | 3,518,114 |
Total | 9,501,319 | |
Real Estate Management & Development 0.7% | ||
Colliers International Group, Inc. Commercial real estate, residential property management and property services | 76,423 | 4,314,079 |
Total Real Estate | 13,815,398 | |
Total Common Stocks (Cost: $458,188,062) | 617,792,061 | |
Securities Lending Collateral 1.6% | ||
Shares | Value ($) | |
Dreyfus Government Cash Management Fund, Institutional Shares, 0.910%(c),(d) | 9,894,600 | 9,894,600 |
Total Securities Lending Collateral (Cost: $9,894,600) | 9,894,600 | |
Money Market Funds 4.0% | ||
Shares | Value ($) | |
JPMorgan U.S. Government Money Market Fund, Agency Shares, 0.780%(c) | 25,597,064 | 25,597,064 |
Total Money Market Funds (Cost: $25,597,064) | 25,597,064 | |
Total Investments (Cost $493,679,726) | 653,283,725 | |
Obligation to Return Collateral for Securities Loaned | (9,894,600) | |
Other Assets & Liabilities, Net | (6,833,667) | |
Net Assets | $636,555,458 |
(a) | Non-income producing security. |
(b) | All or a portion of this security was on loan at June 30, 2017. The total market value of securities on loan at June 30, 2017 was $9,705,947. |
(c) | The rate shown is the seven-day current annualized yield at June 30, 2017. |
(d) | Investment made with cash collateral received from securities lending activity. |
ADR | American Depositary Receipt |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
64 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn USA®, June 30, 2017 (Unaudited)
The Committee is responsible for applying the Columbia Acorn Trust Portfolio Pricing Policy and the Columbia Wanger Asset Management pricing procedures (the Policies), which are approved by and subject to the oversight of the Board of Trustees.
Level 1 quoted prices in active markets for identical assets ($) | Level 2 other significant observable inputs ($) | Level 3 significant unobservable inputs ($) | Total ($) | |
Investments | ||||
Common Stocks | ||||
Consumer Discretionary | 142,604,431 | — | — | 142,604,431 |
Consumer Staples | 5,803,637 | — | — | 5,803,637 |
Energy | 11,841,508 | — | — | 11,841,508 |
Financials | 67,372,037 | — | — | 67,372,037 |
Health Care | 136,477,274 | — | — | 136,477,274 |
Industrials | 90,676,004 | — | — | 90,676,004 |
Information Technology | 144,719,289 | — | — | 144,719,289 |
Materials | 4,482,483 | — | — | 4,482,483 |
Real Estate | 13,815,398 | — | — | 13,815,398 |
Total Common Stocks | 617,792,061 | — | — | 617,792,061 |
Securities Lending Collateral | 9,894,600 | — | — | 9,894,600 |
Money Market Funds | 25,597,064 | — | — | 25,597,064 |
Total Investments | 653,283,725 | — | — | 653,283,725 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 65 |
Table of Contents
Columbia Acorn International SelectSM, June 30, 2017 (Unaudited)
Common Stocks 99.3% | ||
Issuer | Shares | Value ($) |
Australia 3.6% | ||
Amcor Ltd. International integrated packaging company | 193,000 | 2,404,343 |
Domino’s Pizza Enterprises Ltd. Pizza delivery stores | 45,000 | 1,800,706 |
Total | 4,205,049 | |
Canada 5.9% | ||
CCL Industries, Inc. Manufacturing services and specialty packaging products for the non-durable consumer products market | 135,000 | 6,830,159 |
China 4.1% | ||
NetEase, Inc., ADR Internet technology company that develops applications, services and Internet technologies | 15,600 | 4,689,828 |
Denmark 3.4% | ||
Novozymes AS, Class B Enzymes for industrial use | 89,955 | 3,936,529 |
France 3.6% | ||
Ipsen SA Medical drugs for targeted disease areas | 6,915 | 946,571 |
Legrand SA Products and systems for electrical installations and information networks | 46,000 | 3,218,007 |
Total | 4,164,578 | |
Germany 9.1% | ||
MTU Aero Engines AG Develops and manufactures engines and offers commercial engine services and support | 33,500 | 4,725,359 |
Wirecard AG(a) Internet payment and processing services | 91,040 | 5,793,838 |
Total | 10,519,197 | |
India 3.0% | ||
Zee Entertainment Enterprises Ltd. Hindi films, serials, game shows and children’s programs | 452,000 | 3,430,725 |
Ireland 2.8% | ||
Ryanair Holdings PLC(b) Low fare passenger airline services | 158,000 | 3,241,055 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Japan 23.1% | ||
Aeon Mall Co., Ltd. Large-scale shopping malls | 178,600 | 3,528,591 |
CyberAgent, Inc. Operates websites, internet advertising agency and creates PC and mobile contents | 69,000 | 2,142,904 |
Hoya Corp. Electro-optics products | 83,000 | 4,321,094 |
Omron Corp. Electronic components, equipment and systems used for factory automation | 50,000 | 2,176,470 |
Recruit Holdings Co., Ltd. Information providing services in human resource, housing, bridal, travel, restaurants, beauty, automobiles, and education and more | 127,200 | 2,189,097 |
Santen Pharmaceutical Co., Ltd. Ophthalmic medicine | 203,200 | 2,760,092 |
Sekisui Chemical Co., Ltd. Unit residential houses in addition to parcels of land | 129,000 | 2,314,705 |
Seven & I Holdings Co., Ltd. Convenience stores, supermarkets, and department stores | 82,700 | 3,412,570 |
Sony Financial Holdings, Inc. Financial holding company | 224,500 | 3,839,395 |
Total | 26,684,918 | |
Mexico 2.6% | ||
Grupo Aeroportuario del Sureste SAB de CV, ADR Operates airports in Mexico | 14,000 | 2,945,600 |
South Africa 4.0% | ||
Naspers Ltd., Class N Electronic and print media industries | 24,000 | 4,668,832 |
South Korea 2.0% | ||
Korea Zinc Co. Ltd. Non-ferrous metal smelting | 5,900 | 2,351,065 |
Sweden 5.2% | ||
Hexagon AB, Class B Design, measurement and visualisation technologies | 127,000 | 6,037,426 |
Switzerland 8.5% | ||
Geberit AG Water supply pipes and fittings, installation systems, drainage and flushing systems | 8,540 | 3,982,780 |
Partners Group Holding AG Global private markets asset management firm | 9,400 | 5,827,824 |
Total | 9,810,604 |
66 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn International SelectSM, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Taiwan 3.3% | ||
Largan Precision Co., Ltd. Optical lens modules and optoelectronic components | 24,000 | 3,821,149 |
United Kingdom 15.1% | ||
Halma PLC Products that detect hazards and protect assets and people in public and commercial buildings | 175,000 | 2,507,215 |
Kingfisher PLC International home improvement company | 505,308 | 1,979,022 |
Micro Focus International PLC Enterprise application management solutions | 68,000 | 2,011,347 |
Rightmove PLC Website that lists properties across Britain | 43,800 | 2,424,510 |
Spirax-Sarco Engineering PLC Consultation, service and products for the control and efficient management of steam and industrial fluids | 35,000 | 2,438,837 |
WH Smith PLC Retails books, magazines, newspapers, and periodicals | 136,930 | 3,058,607 |
Wolseley PLC Bathroom materials, heating and plumbing supplies, and industrial pipes, valves, and fittings | 50,000 | 3,069,223 |
Total | 17,488,761 | |
Total Common Stocks (Cost: $80,000,981) | 114,825,475 | |
Securities Lending Collateral 3.9% | ||
Shares | Value ($) | |
Dreyfus Government Cash Management Fund, Institutional Shares, 0.910%(c),(d) | 4,554,276 | 4,554,276 |
Total Securities Lending Collateral (Cost: $4,554,276) | 4,554,276 | |
Money Market Funds 1.5% | ||
JPMorgan U.S. Government Money Market Fund, IM Shares, 0.879% (c) | 1,686,248 | 1,686,248 |
Total Money Market Funds (Cost: $1,686,248) | 1,686,248 | |
Total Investments (Cost: $86,241,505) | 121,065,999 | |
Obligation to Return Collateral for Securities Loaned | (4,554,276) | |
Other Assets & Liabilities, Net | (829,253) | |
Net Assets | $115,682,470 |
(a) | All or a portion of this security was on loan at June 30, 2017. The total market value of securities on loan at June 30, 2017 was $4,339,293. |
(b) | Non-income producing security. |
(c) | The rate shown is the seven-day current annualized yield at June 30, 2017. |
(d) | Investment made with cash collateral received from securities lending activity. |
ADR | American Depositary Receipt |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 67 |
Table of Contents
Columbia Acorn International SelectSM, June 30, 2017 (Unaudited)
Examples of the types of securities in which the Fund would typically invest and how they are classified within this hierarchy are as follows. Typical Level 1 securities include exchange traded domestic equities, mutual funds whose net asset values are published each day and exchange traded foreign equities that are not statistically fair valued. Typical Level 2 securities include exchange traded foreign equities that are statistically fair valued, forward foreign currency exchange contracts and short-term investments valued at amortized cost. Additionally, securities fair valued by Columbia Wanger Asset Management’s Valuation Committee (the Committee) that rely on significant observable inputs are also included in Level 2. Typical Level 3 securities include any security fair valued by the Committee that relies on significant unobservable inputs.
Level 1 quoted prices in active markets for identical assets ($) | Level 2 other significant observable inputs ($) | Level 3 significant unobservable inputs ($) | Total ($) | |
Investments | ||||
Common Stocks | ||||
Australia | — | 4,205,049 | — | 4,205,049 |
Canada | 6,830,159 | — | — | 6,830,159 |
China | 4,689,828 | — | — | 4,689,828 |
Denmark | — | 3,936,529 | — | 3,936,529 |
France | — | 4,164,578 | — | 4,164,578 |
Germany | — | 10,519,197 | — | 10,519,197 |
India | — | 3,430,725 | — | 3,430,725 |
Ireland | — | 3,241,055 | — | 3,241,055 |
Japan | — | 26,684,918 | — | 26,684,918 |
Mexico | 2,945,600 | — | — | 2,945,600 |
South Africa | — | 4,668,832 | — | 4,668,832 |
South Korea | — | 2,351,065 | — | 2,351,065 |
Sweden | — | 6,037,426 | — | 6,037,426 |
Switzerland | — | 9,810,604 | — | 9,810,604 |
Taiwan | — | 3,821,149 | — | 3,821,149 |
United Kingdom | — | 17,488,761 | — | 17,488,761 |
Total Common Stocks | 14,465,587 | 100,359,888 | — | 114,825,475 |
Securities Lending Collateral | 4,554,276 | — | — | 4,554,276 |
Money Market Funds | 1,686,248 | — | — | 1,686,248 |
Total Investments | 20,706,111 | 100,359,888 | — | 121,065,999 |
68 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn SelectSM, June 30, 2017 (Unaudited)
Common Stocks 97.9% | ||
Issuer | Shares | Value ($) |
Consumer Discretionary 17.9% | ||
Auto Components 2.3% | ||
LCI Industries Recreational vehicles and equipment | 71,000 | 7,270,400 |
Distributors 3.7% | ||
LKQ Corp.(a) Automotive products and services | 355,749 | 11,721,930 |
Hotels, Restaurants & Leisure 7.0% | ||
Papa John’s International, Inc. Pizza delivery and carry-out restaurants | 116,908 | 8,389,318 |
Vail Resorts, Inc. Operates resorts globally | 67,969 | 13,786,152 |
Total | 22,175,470 | |
Household Durables 1.4% | ||
iRobot Corp.(a) Manufactures robots for cleaning | 51,081 | 4,297,955 |
Media 3.5% | ||
Liberty Global PLC, Class A(a) Broadband, distribution, and content companies | 346,846 | 11,140,694 |
Total Consumer Discretionary | 56,606,449 | |
Financials 12.8% | ||
Banks 3.4% | ||
SVB Financial Group(a) Holding company for Silicon Valley Bank | 60,967 | 10,717,389 |
Capital Markets 6.9% | ||
Eaton Vance Corp. Creates, markets, and manages mutual funds | 233,041 | 11,027,500 |
Lazard Ltd., Class A Corporate Advisory & Asset Management | 233,606 | 10,822,966 |
Total | 21,850,466 | |
Consumer Finance 2.5% | ||
FirstCash, Inc. Owns and operates pawn stores | 132,870 | 7,746,321 |
Total Financials | 40,314,176 | |
Health Care 16.9% | ||
Biotechnology 0.7% | ||
Ultragenyx Pharmaceutical, Inc.(a) Therapeutics and sialic acid for treating metabolic, body myopathy, glucuronidase, and rare genetic diseases | 34,660 | 2,152,733 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Health Care Equipment & Supplies 11.0% | ||
Align Technology, Inc.(a) Designs, manufactures, and markets the Invisalign System | 90,774 | 13,626,993 |
LivaNova PLC(a) Medical technology focusing on neuromodulation, cardiac surgery and rhythm management | 154,798 | 9,475,186 |
Natus Medical, Inc.(a) Medical device company that develops, manufactures, and markets screening products | 306,411 | 11,429,130 |
Total | 34,531,309 | |
Health Care Providers & Services 5.2% | ||
HealthSouth Corp. Inpatient rehabilitative healthcare services | 341,478 | 16,527,535 |
Total Health Care | 53,211,577 | |
Industrials 26.4% | ||
Machinery 18.1% | ||
Middleby Corp. (The)(a) Equipment for use in cooking and preparing food | 88,100 | 10,705,031 |
Nordson Corp. Systems that apply adhesives, sealants, and coatings to products during manufacturing | 55,305 | 6,709,603 |
Oshkosh Corp. Fire and emergency apparatuses and specialty commercial, and military trucks | 171,780 | 11,832,206 |
Snap-On, Inc. Tool and equipment solutions | 85,376 | 13,489,408 |
Wabtec Corp. Technology products and services for the rail industry | 157,408 | 14,402,832 |
Total | 57,139,080 | |
Road & Rail 8.3% | ||
AMERCO Rental of trucks, trailers, and self storage space, as well as property and casualty and life insurance products | 33,522 | 12,271,063 |
JB Hunt Transport Services, Inc. Logistics services | 151,896 | 13,880,257 |
Total | 26,151,320 | |
Total Industrials | 83,290,400 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 69 |
Table of Contents
Columbia Acorn SelectSM, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Information Technology 14.1% | ||
Internet Software & Services 11.0% | ||
GoDaddy, Inc., Class A(a) Cloud-based web platform for small businesses, web design professionals and individuals | 311,124 | 13,197,880 |
SPS Commerce, Inc.(a) On-demand supply chain management solutions through an online hosted software suite | 158,914 | 10,132,356 |
VeriSign, Inc.(a) Domain names and Internet security services | 121,307 | 11,276,699 |
Total | 34,606,935 | |
Software 3.1% | ||
ANSYS, Inc.(a) Software solutions for design analysis and optimization | 81,875 | 9,962,550 |
Total Information Technology | 44,569,485 | |
Materials 3.3% | ||
Chemicals 3.3% | ||
Axalta Coating Systems Ltd.(a) Coating systems | 124,610 | 3,992,504 |
Celanese Corp., Class A Global integrated producer of chemicals and advanced materials | 68,200 | 6,474,908 |
Total | 10,467,412 | |
Total Materials | 10,467,412 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Real Estate 6.5% | ||
Equity Real Estate Investment Trusts (REITS) 3.0% | ||
Education Realty Trust, Inc. Self-managed and self-advised real estate investment trust | 247,076 | 9,574,195 |
Real Estate Management & Development 3.5% | ||
Jones Lang LaSalle, Inc. Real estate and investment management services | 88,626 | 11,078,250 |
Total Real Estate | 20,652,445 | |
Total Common Stocks (Cost: $244,323,281) | 309,111,944 | |
Money Market Funds 1.7% | ||
Shares | Value ($) | |
JPMorgan U.S. Government Money Market Fund, Agency Shares, 0.780%(b) | 5,320,499 | 5,320,499 |
Total Money Market Funds (Cost: $5,320,499) | 5,320,499 | |
Total Investments (Cost $249,643,780) | 314,432,443 | |
Other Assets & Liabilities, Net | 1,254,614 | |
Net Assets | $315,687,057 |
(a) | Non-income producing security. |
(b) | The rate shown is the seven-day current annualized yield at June 30, 2017. |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
70 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn SelectSM, June 30, 2017 (Unaudited)
other things: circumstances under which market quotations will be deemed readily available; selection of third party pricing vendors; appropriate pricing methodologies; events that require fair valuation and fair value techniques; circumstances under which securities will be deemed to pose a potential for stale pricing, including when securities are illiquid, restricted, or in default; and certain delegations of authority to determine fair values to the Fund’s investment manager. The Committee may also meet to discuss additional valuation matters, which may include review of back-testing results, review of time-sensitive information or approval of other valuation related actions, and to review the appropriateness of the Policies.
Level 1 quoted prices in active markets for identical assets ($) | Level 2 other significant observable inputs ($) | Level 3 significant unobservable inputs ($) | Total ($) | |
Investments | ||||
Common Stocks | ||||
Consumer Discretionary | 56,606,449 | — | — | 56,606,449 |
Financials | 40,314,176 | — | — | 40,314,176 |
Health Care | 53,211,577 | — | — | 53,211,577 |
Industrials | 83,290,400 | — | — | 83,290,400 |
Information Technology | 44,569,485 | — | — | 44,569,485 |
Materials | 10,467,412 | — | — | 10,467,412 |
Real Estate | 20,652,445 | — | — | 20,652,445 |
Total Common Stocks | 309,111,944 | — | — | 309,111,944 |
Money Market Funds | 5,320,499 | — | — | 5,320,499 |
Total Investments | 314,432,443 | — | — | 314,432,443 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 71 |
Table of Contents
Columbia Thermostat FundSM, June 30, 2017 (Unaudited)
Equity Funds 19.9% | ||
Issuer | Shares | Value ($) |
Dividend Income 4.0% | ||
Columbia Dividend Income Fund, Class Y Shares(a) | 1,840,187 | 38,294,291 |
Total Dividend Income | 38,294,291 | |
International Small Mid Cap 4.0% | ||
Columbia Acorn International, Class Y Shares(a) | 857,676 | 38,355,203 |
Total International Small Mid Cap | 38,355,203 | |
U.S. Large Cap 7.9% | ||
Columbia Contrarian Core Fund, Class Y Shares(a) | 755,221 | 19,144,857 |
Columbia Large Cap Enhanced Core Fund, Class Y Shares(a) | 807,397 | 19,135,318 |
Columbia Select Large Cap Equity Fund, Class Y Shares(a) | 1,427,163 | 19,138,256 |
Columbia Select Large Cap Growth Fund, Class Y Shares(a),(b) | 1,153,284 | 19,017,647 |
Total U.S. Large Cap | 76,436,078 | |
U.S. Mid Cap 2.0% | ||
Columbia Acorn Select Fund, Class Y Shares(a),(b) | 1,204,947 | 19,194,795 |
Total U.S. Mid Cap | 19,194,795 | |
U.S. Small Mid Cap 2.0% | ||
Columbia Acorn Fund, Class Y Shares(a),(b) | 1,098,624 | 19,170,994 |
Total U.S. Small Mid Cap | 19,170,994 | |
Total Equity Funds (Cost: $163,111,752) | 191,451,361 | |
Fixed-Income Funds 79.9% | ||
Issuer | Shares | Value ($) |
High Yield 8.0% | ||
Columbia Income Opportunities Fund, Class Y Shares(a) | 7,739,980 | 77,399,800 |
Total High Yield | 77,399,800 | |
Investment Grade 71.9% | ||
Columbia Short Term Bond Fund, Class Y Shares(a) | 30,971,536 | 308,476,499 |
Columbia Total Return Bond Fund, Class Y Shares(a) | 16,980,820 | 154,016,036 |
Columbia U.S. Government Mortgage Fund, Class Y Shares(a) | 28,409,619 | 153,980,136 |
Columbia U.S. Treasury Index Fund, Class Y Shares(a) | 6,891,437 | 76,839,523 |
Total Investment Grades | 693,312,194 | |
Total Fixed-Income Funds (Cost: $765,080,096) | 770,711,994 | |
Money Market Funds 0.4% | ||
Shares | Value ($) | |
JPMorgan U.S. Government Money Market Fund, Agency Shares, 0.780%(c) | 3,763,746 | 3,763,746 |
Total Money Market Funds (Cost: $3,763,746) | 3,763,746 | |
Total Investments (Cost $931,955,594) | 965,927,101 | |
Other Assets & Liabilities, Net | (1,835,637) | |
Net Assets | $964,091,464 |
72 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Thermostat FundSM, June 30, 2017 (Unaudited)
(a) | An affiliated person of the Fund, as defined in the Investment Company Act of 1940, may include any company in which the Fund owns five percent or more of its outstanding voting shares. Holdings and transactions in these affiliated companies during the six months ended June 30, 2017, are as follows. The aggregate cost and value of these companies at June 30, 2017, was $928,191,848 and $962,163,355, respectively. Investments in affiliated companies represented 99.80% of the Fund’s total net assets at June 30, 2017. |
Issuer | Beginning shares | Shares purchased | Shares sold | Ending shares | Capital gain Distributions ($) | Value ($) | Dividend — affiliated issuers ($) | Realized gain (loss) ($) |
Columbia Acorn Fund, Class I Shares | 704,294 | — | (704,294) 1 | — | — | — | — | (25,299) |
Columbia Acorn Fund, Class Y Shares | — | 1,502,308 1 | (403,684) | 1,098,624 | 784,027 | 19,170,994 | — | (55,010) |
Columbia Acorn International, Class I Shares | 587,054 | — | (587,054) 1 | — | — | — | — | 393,821 |
Columbia Acorn International, Class Y Shares | — | 1,191,831 1 | (334,155) | 857,676 | — | 38,355,203 | 416,869 | 649,968 |
Columbia Acorn Select, Class Y Shares | — | 1,651,132 1 | (446,185) | 1,204,947 | 1,733,798 | 19,194,795 | — | (294,535) |
Columbia Acorn Select, Class I Shares | 738,151 | — | (738,151) 1 | — | — | — | — | 94,331 |
Columbia Contrarian Core Fund, Class I Shares | 966,230 | — | (966,230) 1 | — | — | — | — | 428,650 |
Columbia Contrarian Core Fund, Class Y Shares | — | 1,041,157 1 | (285,936) | 755,221 | — | 19,144,857 | — | 591,044 |
Columbia Dividend Income Fund, Class I Shares | 1,141,969 | 5,458 | (1,147,427) 1 | — | — | — | 109,213 | 347,840 |
Columbia Dividend Income Fund, Class Y Shares | — | 2,490,686 1 | (650,499) | 1,840,187 | — | 38,294,291 | 191,372 | 340,257 |
Columbia Income Opportunities Fund, Class I Shares | 10,148,993 | 79,762 | (10,228,755) 1 | — | — | — | 1,094,167 | 125,579 |
Columbia Income Opportunities Fund, Class Y Shares | — | 10,100,121 1 | (2,360,141) | 7,739,980 | — | 77,399,800 | 1,089,020 | 978,494 |
Columbia Large Cap Enhanced Core Fund, Class I Shares | 483,277 | — | (483,277) 1 | — | — | — | — | 295,597 |
Columbia Large Cap Enhanced Core Fund, Class Y Shares | — | 1,086,182 1 | (278,785) | 807,397 | 710,252 | 19,135,318 | 41,380 | 181,170 |
Columbia Select Large Cap Equity Fund, Class Y Shares | — | 1,902,948 | (475,785) | 1,427,163 | 164,761 | 19,138,256 | 24,327 | 152,752 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 73 |
Table of Contents
Columbia Thermostat FundSM, June 30, 2017 (Unaudited)
Issuer | Beginning shares | Shares purchased | Shares sold | Ending shares | Capital gain Distributions ($) | Value ($) | Dividend — affiliated issuers ($) | Realized gain (loss) ($) |
Columbia Select Large Cap Growth Fund, Class I Shares | 788,763 | — | (788,763) 1 | — | — | — | — | 285,040 |
Columbia Select Large Cap Growth Fund, Class Y Shares | — | 1,588,661 1 | (435,377) | 1,153,284 | 1,229,299 | 19,017,647 | — | 241,733 |
Columbia Short Term Bond Fund, Class I Shares | 39,832,272 | 90,204 | (39,922,476) 1 | — | — | — | 1,260,302 | (44,802) |
Columbia Short Term Bond Fund, Class Y Shares | — | 39,481,815 1 | (8,510,279) | 30,971,536 | — | 308,476,499 | 1,411,327 | (93,046) |
Columbia Total Return Bond Fund, Class I Shares | 22,201,461 | 102,335 | (22,303,796) 1 | — | — | — | 1,254,651 | (228,265) |
Columbia Total Return Bond Fund, Class Y Shares | — | 21,899,847 1 | (4,919,027) | 16,980,820 | — | 154,016,036 | 1,227,761 | (205,338) |
Columbia U.S. Government Mortgage Fund, Class I Shares | 36,866,439 | 145,269 | (37,011,708) 1 | — | — | — | 1,096,479 | (294,353) |
Columbia U.S. Government Mortgage Fund, Class Y Shares | — | 36,536,945 1 | (8,127,326) | 28,409,619 | — | 153,980,136 | 1,207,582 | (106,177) |
Columbia U.S. Treasury Index Fund, Class I Shares | 9,050,066 | 21,032 | (9,071,098) 1 | — | — | — | 324,653 | (216,893) |
Columbia U.S. Treasury Index Fund, Class Y Shares | — | 8,873,783 1 | (1,982,346) | 6,891,437 | — | 76,839,523 | 334,854 | (519,082) |
Total of Affiliated Transactions | 123,508,969 | 129,791,476 | (153,162,554) | 100,137,891 | 4,622,137 | 962,163,355 | 11,083,957 | 3,023,476 |
1 | Includes the effect of underlying share class exchange. |
(b) | Non-income producing security. |
(c) | The rate shown is the seven-day current annualized yield at June 30, 2017. |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
74 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Thermostat FundSM, June 30, 2017 (Unaudited)
The Committee is responsible for applying the Columbia Acorn Trust Portfolio Pricing Policy and the Columbia Wanger Asset Management pricing procedures (the Policies), which are approved by and subject to the oversight of the Board of Trustees.
Level 1 quoted prices in active markets for identical assets ($) | Level 2 other significant observable inputs ($) | Level 3 significant unobservable inputs ($) | Total ($) | |
Investments | ||||
Equity Funds | 191,451,361 | — | — | 191,451,361 |
Fixed-Income Funds | 770,711,994 | — | — | 770,711,994 |
Money Market Funds | 3,763,746 | — | — | 3,763,746 |
Total Investments | 965,927,101 | — | — | 965,927,101 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 75 |
Table of Contents
Columbia Acorn Emerging Markets FundSM, June 30, 2017 (Unaudited)
Common Stocks 96.4% | ||
Issuer | Shares | Value ($) |
Brazil 4.2% | ||
Odontoprev SA Dental benefits company | 577,000 | 2,027,311 |
Raia Drogasil SA Chain of pharmaceutical stores | 109,000 | 2,319,569 |
Total | 4,346,880 | |
Cambodia 2.1% | ||
NagaCorp Ltd. Leisure and tourism company | 4,056,000 | 2,130,322 |
Cayman Islands 4.8% | ||
China Lodging Group Ltd.(a) Chain of hotels | 14,000 | 1,129,520 |
Netshoes Cayman Ltd.(a) Online sports goods and apparel | 78,358 | 1,491,153 |
Silicon Motion Technology Corp., ADR Semiconductor products | 48,399 | 2,334,284 |
Total | 4,954,957 | |
China 9.8% | ||
51job, Inc., ADR(a) Integrated human resource services | 71,912 | 3,216,624 |
China Medical System Holdings Ltd. Pharmaceutical and medical products | 808,000 | 1,397,085 |
New Oriental Education & Technology Group, Inc., ADR(a) Educational services | 44,000 | 3,101,560 |
TravelSky Technology Ltd., Class H IT solutions for China’s air travel and tourism industries | 836,000 | 2,462,441 |
Total | 10,177,710 | |
Finland 1.1% | ||
Tikkurila OYJ Manufactures paint | 51,395 | 1,111,206 |
Hong Kong 4.1% | ||
Value Partners Group Ltd. Independent, value oriented asset management group | 1,807,000 | 1,644,808 |
Vitasoy International Holdings Ltd. Food and beverages | 1,261,000 | 2,595,570 |
Total | 4,240,378 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
India 16.6% | ||
Amara Raja Batteries Ltd.(a) Industrial and automotive batteries | 162,667 | 2,112,485 |
Care Ratings Ltd. Credit rating services | 171,000 | 4,237,290 |
GRUH Finance Ltd. Provides a range of home loans as well as insurance products | 428,074 | 2,947,995 |
TVS Motor Co., Ltd. Motorcycles, mopeds and scooters | 253,523 | 2,152,474 |
United Breweries Ltd. Alcoholic beverages | 139,000 | 1,680,220 |
Zee Entertainment Enterprises Ltd. Hindi films, serials, game shows and children’s programs | 535,472 | 4,064,286 |
Total | 17,194,750 | |
Indonesia 7.5% | ||
PT Link Net Tbk High-speed internet connection through fiber optic lines | 5,000,000 | 1,941,475 |
PT Matahari Department Store Tbk Retail clothes, accessories, bags, shoes, cosmetics, household appliances, and management consulting services. | 1,300,000 | 1,382,513 |
PT Media Nusantara Citra Tbk(a) Integrated media company in Southeast Asia | 14,000,000 | 1,930,010 |
PT Tower Bersama Infrastructure Tbk Telecommunication infrastructure services to Indonesian wireless carriers | 4,850,000 | 2,461,260 |
Total | 7,715,258 | |
Mexico 5.8% | ||
Grupo Aeroportuario del Centro Norte SAB de CV Operates international airports in the northern and central regions of Mexico | 223,000 | 1,343,130 |
Grupo Aeroportuario del Sureste SAB de CV, ADR Operates airports in Mexico | 7,000 | 1,472,800 |
Qualitas Controladora SAB de CV Insurance holding company | 1,908,000 | 3,180,219 |
Total | 5,996,149 | |
Philippines 1.7% | ||
Melco Resorts And Entertainment Philippines Corp.(a) Owns and operates casinos | 2,937,700 | 508,992 |
Puregold Price Club, Inc. Wholesale and retail stores, including supermarkets | 1,410,000 | 1,244,857 |
Total | 1,753,849 |
76 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn Emerging Markets FundSM, June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Russian Federation 1.1% | ||
X5 Retail Group NV GDR, Registered Shares(a) Food retailer company | 33,000 | 1,143,450 |
South Africa 6.5% | ||
AECI Ltd. Commercial explosives, synthetic fibers, industry chemicals and fertilizers | 129,200 | 1,049,599 |
Clicks Group Ltd. Owns and operates chains of retail stores | 112,687 | 1,205,899 |
Famous Brands Ltd. Food and beverage company | 192,936 | 1,858,203 |
Rand Merchant Investment Holdings Ltd. Investment holding company | 882,911 | 2,631,355 |
Total | 6,745,056 | |
South Korea 13.8% | ||
GS Retail Co., Ltd. Chain of retail stores | 8,574 | 386,605 |
Koh Young Technology, Inc. 3D measurement and inspection equipment for testing various machineries | 75,915 | 3,981,788 |
Korea Investment Holdings Co., Ltd. Financial holding company | 50,123 | 3,071,423 |
Korea Zinc Co. Ltd. Non-ferrous metal smelting | 2,800 | 1,115,759 |
Medy-Tox, Inc. Biopharmaceutical products using clostridium botulinum | 5,449 | 2,668,372 |
Modetour Network, Inc. Travel services | 109,518 | 3,029,537 |
Total | 14,253,484 | |
Taiwan 9.3% | ||
Basso Industry Corp. Pneumatic nailers and staplers | 568,000 | 1,587,284 |
Largan Precision Co., Ltd. Optical lens modules and optoelectronic components | 13,000 | 2,069,789 |
Silergy Corp. High performance analog integrated circuits | 210,000 | 4,043,532 |
Voltronic Power Technology Corp. Uninterruptible power supply products, inverters, multiple surface mounted devices and other power products | 116,000 | 1,909,275 |
Total | 9,609,880 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Thailand 5.1% | ||
Beauty Community PCL(a) Cosmetic and beauty products | 3,361,000 | 1,067,372 |
Home Product Center PCL, Foreign Registered Shares Building materials and home improvement products | 3,838,000 | 1,083,744 |
Samui Airport Property Fund Leasehold Closed-end property fund incorporated in Thailand | 3,033,100 | 2,053,615 |
Tisco Financial Group PCL Bank holding company | 486,000 | 1,086,852 |
Total | 5,291,583 | |
Turkey 2.9% | ||
Logo Yazilim Sanayi Ve Ticaret AS(a) Enterprise resource planning software | 178,000 | 2,984,837 |
Total Common Stocks (Cost: $78,880,612) | 99,649,749 | |
Money Market Funds 3.7% | ||
Shares | Value ($) | |
JPMorgan U.S. Government Money Market Fund, IM Shares, 0.879% (b) | 3,848,774 | 3,848,774 |
Total Money Market Funds (Cost: $3,848,774) | 3,848,774 | |
Total Investments (Cost: $82,729,386) | 103,498,523 | |
Other Assets & Liabilities, Net | (149,180) | |
Net Assets | $103,349,343 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 77 |
Table of Contents
Columbia Acorn Emerging Markets FundSM, June 30, 2017 (Unaudited)
(a) | Non-income producing security. |
(b) | The rate shown is the seven-day current annualized yield at June 30, 2017. |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
Level 1 quoted prices in active markets for identical assets ($) | Level 2 other significant observable inputs ($) | Level 3 significant unobservable inputs ($) | Total ($) | |
Investments | ||||
Common Stocks | ||||
Brazil | 4,346,880 | — | — | 4,346,880 |
Cambodia | — | 2,130,322 | — | 2,130,322 |
Cayman Islands | 4,954,957 | — | — | 4,954,957 |
China | 6,318,184 | 3,859,526 | — | 10,177,710 |
Finland | — | 1,111,206 | ��� | 1,111,206 |
Hong Kong | — | 4,240,378 | — | 4,240,378 |
India | — | 17,194,750 | — | 17,194,750 |
Indonesia | — | 7,715,258 | — | 7,715,258 |
Mexico | 5,996,149 | — | — | 5,996,149 |
Philippines | — | 1,753,849 | — | 1,753,849 |
Russian Federation | — | 1,143,450 | — | 1,143,450 |
South Africa | — | 6,745,056 | — | 6,745,056 |
South Korea | — | 14,253,484 | — | 14,253,484 |
78 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Columbia Acorn Emerging Markets FundSM, June 30, 2017 (Unaudited)
Level 1 quoted prices in active markets for identical assets ($) | Level 2 other significant observable inputs ($) | Level 3 significant unobservable inputs ($) | Total ($) | |
Taiwan | — | 9,609,880 | — | 9,609,880 |
Thailand | — | 5,291,583 | — | 5,291,583 |
Turkey | — | 2,984,837 | — | 2,984,837 |
Total Common Stocks | 21,616,170 | 78,033,579 | — | 99,649,749 |
Money Market Funds | 3,848,774 | — | — | 3,848,774 |
Total Investments | 25,464,944 | 78,033,579 | — | 103,498,523 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 79 |
Table of Contents
Columbia Acorn European FundSM , June 30, 2017 (Unaudited)
Common Stocks 94.5% | ||
Issuer | Shares | Value ($) |
Belgium 1.1% | ||
Melexis NV Advanced integrated semiconductors, sensor ICs, and programmable sensor IC systems | 9,217 | 756,905 |
Denmark 4.8% | ||
SimCorp AS Global provider of highly specialised software for the investment management industry | 33,125 | 2,006,727 |
William Demant Holding AS(a) Hearing aids, audiometers, tympanometers, diagnostic instruments, and wireless communication equipment | 45,898 | 1,187,926 |
Total | 3,194,653 | |
Finland 5.6% | ||
Munksjo OYJ Industrial paper | 56,522 | 1,149,107 |
Munksjo OYJ(b) Industrial paper | 68,560 | 1,390,780 |
Tikkurila OYJ Manufactures paint | 55,748 | 1,205,322 |
Total | 3,745,209 | |
France 5.2% | ||
Akka Technologies High-technology engineering consulting services | 36,969 | 1,913,175 |
Elior Group Provides catering, cleaning, and facility management services | 30,926 | 898,595 |
Korian SA(c) Healthcare facilities & medical establishments | 18,000 | 614,191 |
Total | 3,425,961 | |
Germany 16.8% | ||
AURELIUS Equity Opportunities SE & Co. KGaA(c) Loans to distressed companies | 20,200 | 1,085,164 |
CTS Eventim AG & Co. KGaA Online ticket sales | 21,200 | 937,549 |
Deutsche Beteiligungs AG Private equity company, investing in domestic medium-sized companies | 17,800 | 793,592 |
Fielmann AG Prescription eyeglasses, specialty glasses, sunglasses, contact lenses, and optical supplies | 10,038 | 774,339 |
MTU Aero Engines AG Develops and manufactures engines and offers commercial engine services and support | 9,170 | 1,293,479 |
Nemetschek SE Standard software for designing, constructing and managing buildings and real estate | 12,000 | 893,618 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Norma Group SE Plastic and metal-based components and systems in connecting technology | 14,600 | 758,897 |
Rational AG Food preparation appliances/processors and kitchen accessories | 1,700 | 904,811 |
Stroeer SE & Co. KGaA Digital multi-channel media company | 14,600 | 874,457 |
Vapiano SE(a) Chain of restaurants | 25,227 | 656,937 |
Wirecard AG(c) Internet payment and processing services | 34,010 | 2,164,416 |
Total | 11,137,259 | |
Ireland 1.2% | ||
UDG Healthcare PLC Commercialisation solutions for health care companies | 73,000 | 823,383 |
Italy 4.0% | ||
Brembo SpA Braking systems and components | 86,110 | 1,259,870 |
Industria Macchine Automatiche SpA Packaging machinery for the food, pharmaceuticals, and cosmetics industries | 15,092 | 1,386,743 |
Total | 2,646,613 | |
Luxembourg 1.2% | ||
eDreams ODIGEO SA(a) Online travel company | 222,000 | 763,461 |
Malta 2.9% | ||
Kindred Group PLC Online gambling services | 167,040 | 1,889,552 |
Netherlands 1.8% | ||
Aalberts Industries NV Industrial services and flow control systems | 30,701 | 1,222,371 |
Norway 2.1% | ||
Atea ASA Nordic and Baltic supplier of IT infrastructure | 103,307 | 1,385,882 |
Spain 5.7% | ||
Bolsas y Mercados Españoles SHMSF SA Barcelona, Bilbao, Madrid, and Valencia Stock Exchanges | 26,000 | 938,836 |
Hispania Activos Inmobiliarios SOCIMI SA Invests in residential apartments, offices and hotels | 52,000 | 859,696 |
Prosegur Cia de Seguridad SA, Registered Shares Security and transportation services | 140,000 | 909,836 |
80 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Columbia Acorn European FundSM , June 30, 2017 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Viscofan SA Artificial casings made of cellulose, collagen, and plastic for use in the meat industry | 18,185 | 1,075,886 |
Total | 3,784,254 | |
Sweden 7.9% | ||
Byggmax Group AB(c) Discount provider of building materials | 138,000 | 1,003,300 |
NetEnt AB Computer gaming software | 91,000 | 795,536 |
Recipharm AB, B Shares(a),(c) Contract development and manufacture of pharmaceuticals | 71,554 | 1,044,683 |
Sweco AB, Class B Consulting company specializing in engineering, environmental technology, and architecture | 52,867 | 1,307,132 |
Trelleborg AB, Class B Manufactures and distributes industrial products | 47,952 | 1,094,540 |
Total | 5,245,191 | |
Switzerland 5.1% | ||
Inficon Holding AG Vacuum instruments used to monitor and control production processes | 2,950 | 1,453,619 |
Partners Group Holding AG Global private markets asset management firm | 3,077 | 1,907,682 |
Total | 3,361,301 | |
Turkey 1.2% | ||
Logo Yazilim Sanayi Ve Ticaret AS(a) Enterprise resource planning software | 46,000 | 771,362 |
United Kingdom 27.9% | ||
Assura PLC Primary healthcare property group | 1,253,516 | 1,041,625 |
Big Yellow Group PLC Self-storage company | 90,309 | 931,573 |
Connect Group PLC Distribution of newspapers and magazines, and books | 575,355 | 844,916 |
Croda International PLC Chemicals and chemical products | 14,411 | 729,199 |
Domino’s Pizza Group PLC Pizza delivery stores | 309,000 | 1,182,821 |
DS Smith PLC Provides corrugated packaging services | 210,000 | 1,295,364 |
Halma PLC Products that detect hazards and protect assets and people in public and commercial buildings | 126,231 | 1,808,505 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Hastings Group Holdings PLC General insurance services to the automobile and home insurance products | 325,297 | 1,329,941 |
JD Sports Fashion PLC Brand-name sports and leisure wear | 19,487 | 88,833 |
LivaNova PLC(a) Medical technology focusing on neuromodulation, cardiac surgery and rhythm management | 20,451 | 1,251,806 |
Ocado Group PLC(a),(c) Distributes a wide range of retail consumer products | 144,538 | 544,805 |
Polypipe Group PLC Plastic piping systems | 264,385 | 1,316,443 |
Rentokil Initial PLC Fully integrated facilities management and essential support services | 324,592 | 1,155,416 |
Rightmove PLC Website that lists properties across Britain | 26,655 | 1,475,464 |
Shaftesbury PLC Real estate company | 62,669 | 793,786 |
Spirax-Sarco Engineering PLC Consultation, service and products for the control and efficient management of steam and industrial fluids | 23,541 | 1,640,362 |
WH Smith PLC Retails books, magazines, newspapers, and periodicals | 50,000 | 1,116,850 |
Total | 18,547,709 | |
Total Common Stocks (Cost: $48,039,264) | 62,701,066 | |
Securities Lending Collateral 4.6% | ||
Shares | Value ($) | |
Dreyfus Government Cash Management Fund, Institutional Shares, 0.910%(d),(e) | 3,054,871 | 3,054,871 |
Total Securities Lending Collateral (Cost: $3,054,871) | 3,054,871 | |
Money Market Funds 4.9% | ||
JPMorgan U.S. Government Money Market Fund, IM Shares, 0.879% (d) | 3,275,036 | 3,275,036 |
Total Money Market Funds (Cost: $3,275,036) | 3,275,036 | |
Total Investments (Cost: $54,369,171) | 69,030,973 | |
Obligation to Return Collateral for Securities Loaned | (3,054,871) | |
Other Assets & Liabilities, Net | 402,887 | |
Net Assets | $66,378,989 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 81 |
Table of Contents
Columbia Acorn European FundSM , June 30, 2017 (Unaudited)
(a) | Non-income producing security. |
(b) | Security is traded on a Swedish exchange. |
(c) | All or a portion of this security was on loan at June 30, 2017. The total market value of securities on loan at June 30, 2017 was $2,907,619. |
(d) | The rate shown is the seven-day current annualized yield at June 30, 2017. |
(e) | Investment made with cash collateral received from securities lending activity. |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
Level 1 quoted prices in active markets for identical assets ($) | Level 2 other significant observable inputs ($) | Level 3 significant unobservable inputs ($) | Total ($) | |
Investments | ||||
Common Stocks | ||||
Belgium | — | 756,905 | — | 756,905 |
Denmark | — | 3,194,653 | — | 3,194,653 |
Finland | — | 3,745,209 | — | 3,745,209 |
France | — | 3,425,961 | — | 3,425,961 |
Germany | — | 11,137,259 | — | 11,137,259 |
Ireland | — | 823,383 | — | 823,383 |
Italy | — | 2,646,613 | — | 2,646,613 |
Luxembourg | — | 763,461 | — | 763,461 |
Malta | — | 1,889,552 | — | 1,889,552 |
Netherlands | — | 1,222,371 | — | 1,222,371 |
Norway | — | 1,385,882 | — | 1,385,882 |
Spain | — | 3,784,254 | — | 3,784,254 |
Sweden | — | 5,245,191 | — | 5,245,191 |
Switzerland | — | 3,361,301 | — | 3,361,301 |
82 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Columbia Acorn European FundSM , June 30, 2017 (Unaudited)
Level 1 quoted prices in active markets for identical assets ($) | Level 2 other significant observable inputs ($) | Level 3 significant unobservable inputs ($) | Total ($) | |
Turkey | — | 771,362 | — | 771,362 |
United Kingdom | 1,251,806 | 17,295,903 | — | 18,547,709 |
Total Common Stocks | 1,251,806 | 61,449,260 | — | 62,701,066 |
Securities Lending Collateral | 3,054,871 | — | — | 3,054,871 |
Money Market Funds | 3,275,036 | — | — | 3,275,036 |
Total Investments | 7,581,713 | 61,449,260 | — | 69,030,973 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 83 |
Table of Contents
June 30, 2017 (Unaudited)
Columbia Acorn® Fund | Columbia Acorn International® | Columbia Acorn USA® | Columbia Acorn International SelectSM | |
Assets | ||||
Investments, at cost | ||||
Unaffiliated issuers, at cost | $3,572,738,443 | $3,681,443,791 | $493,679,726 | $86,241,505 |
Total investments, at cost | 3,572,738,443 | 3,681,443,791 | 493,679,726 | 86,241,505 |
Investments, at value | ||||
Unaffiliated issuers, at value (including securities on loan: $119,231,924, 184,924,231, 9,705,947 and 4,339,293, respectively) | 4,864,885,146 | 5,197,976,881 | 653,283,725 | 121,065,999 |
Total investments, at value | 4,864,885,146 | 5,197,976,881 | 653,283,725 | 121,065,999 |
Foreign currency (identified cost $—, $270,950, $—, $—) | — | 271,551 | — | — |
Receivable for: | ||||
Investments sold | 25,221,492 | 13,021,105 | 153,560 | 44 |
Capital shares sold | 1,470,545 | 3,298,039 | 166,745 | 47,519 |
Regulatory settlements (Note 7) | — | — | — | 33,279 |
Dividends | 2,243,004 | 1,907,554 | 292,622 | — |
Securities lending income | 144,374 | 209,745 | 15,287 | 7,066 |
Foreign tax reclaims | — | 2,892,461 | 381 | 62,006 |
Expense reimbursement due from Investment Manager | — | 579 | — | 392 |
Prepaid expenses | 34,590 | 34,888 | 4,137 | 668 |
Trustees’ deferred compensation plan | 2,993,561 | 1,387,541 | 289,297 | — |
Other assets | — | 2,595 | — | — |
Total assets | 4,896,992,712 | 5,221,002,939 | 654,205,754 | 121,216,973 |
Liabilities | ||||
Due upon return of securities on loan | 121,051,730 | 194,056,021 | 9,894,600 | 4,554,276 |
Payable for: | ||||
Investments purchased | 50,707,609 | 11,136,402 | 6,792,211 | 264,982 |
Capital shares purchased | 5,880,936 | 16,066,003 | 425,384 | 595,183 |
Distributions to shareholders | 234 | 5 | — | — |
Investment advisory fee | 86,214 | 105,143 | 15,609 | 2,832 |
Distribution and/or service fees | 13,112 | 5,303 | 702 | 273 |
Transfer agent fees | 421,009 | 476,390 | 159,284 | 9,263 |
Administration fees | 6,022 | 6,420 | 815 | 149 |
Trustees’ fees | — | — | — | 50,022 |
Compensation of chief compliance officer | — | 152 | — | 4 |
Other expenses | 295,841 | 645,855 | 72,394 | 57,519 |
Trustees’ deferred compensation plan | 2,993,561 | 1,387,541 | 289,297 | — |
Other liabilities | — | 17,385 | — | — |
Total liabilities | 181,456,268 | 223,902,620 | 17,650,296 | 5,534,503 |
Net assets applicable to outstanding capital stock | $4,715,536,444 | $4,997,100,319 | $636,555,458 | $115,682,470 |
Represented by | ||||
Paid in capital | 2,757,314,098 | 3,381,289,706 | 383,386,021 | 95,170,145 |
Undistributed (excess of distributions over) net investment income | (807,383) | 17,847,989 | (978,245) | 267,668 |
Accumulated net realized gain (loss) | 666,883,026 | 81,402,903 | 94,543,683 | (14,582,612) |
Unrealized appreciation (depreciation) on: | ||||
Investments - unaffiliated issuers | 1,292,146,703 | 1,516,533,090 | 159,603,999 | 34,824,494 |
Foreign currency translations | — | 26,631 | — | 2,775 |
Total - representing net assets applicable to outstanding capital stock | $4,715,536,444 | $4,997,100,319 | $636,555,458 | $115,682,470 |
84 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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June 30, 2017 (Unaudited)
Columbia Acorn® Fund | Columbia Acorn International® | Columbia Acorn USA® | Columbia Acorn International SelectSM | |
Class A | ||||
Net assets | $858,519,174 | $494,952,758 | $57,544,780 | $20,891,944 |
Shares outstanding | 59,539,748 | 11,176,644 | 3,579,932 | 814,074 |
Net asset value per share(a) | $14.42 | $44.28 | $16.07 | $25.66 |
Maximum offering price per share(b) | $15.30 | $46.98 | $17.05 | $27.23 |
Class B | ||||
Net assets | $— | $268,382 | $— | $— |
Shares outstanding | — | 6,281 | — | — |
Net asset value per share(a) | $— | $42.73 | $— | $— |
Class C | ||||
Net assets | $264,293,902 | $63,191,344 | $11,217,434 | $4,628,210 |
Shares outstanding | 30,182,723 | 1,488,954 | 1,060,562 | 193,411 |
Net asset value per share(a) | $8.76 | $42.44 | $10.58 | $23.93 |
Class R | ||||
Net assets | $— | $12,004,713 | $— | $— |
Shares outstanding | — | 271,415 | — | — |
Net asset value per share(c) | $— | $44.23 | $— | $— |
Class R4 | ||||
Net assets | $38,766,112 | $101,844,389 | $15,425,107 | $1,357,077 |
Shares outstanding | 2,250,834 | 2,277,816 | 794,422 | 51,812 |
Net asset value per share(c) | $17.22 | $44.71 | $19.42 | $26.19 |
Class R5 | ||||
Net assets | $50,097,560 | $399,347,377 | $2,797,922 | $494,697 |
Shares outstanding | 2,888,773 | 9,003,618 | 143,321 | 18,892 |
Net asset value per share(c) | $17.34 | $44.35 | $19.52 | $26.19 |
Class Y | ||||
Net assets | $46,065,518 | $253,696,668 | $43,727,136 | $284,176 |
Shares outstanding | 2,639,304 | 5,672,431 | 2,224,534 | 10,859 |
Net asset value per share(c) | $17.45 | $44.72 | $19.66 | $26.17 |
Class Z | ||||
Net assets | $3,457,794,178 | $3,671,794,688 | $505,843,079 | $88,026,366 |
Shares outstanding | 208,143,482 | 82,750,590 | 27,196,453 | 3,385,306 |
Net asset value per share(c) | $16.61 | $44.37 | $18.60 | $26.00 |
(a) | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
(b) | On sales of $50,000 or more the offering price is reduced. |
(c) | Redemption price per share is equal to net asset value. |
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Table of Contents
June 30, 2017 (Unaudited)
Columbia Acorn SelectSM | Columbia Thermostat FundSM | Columbia Acorn Emerging Markets FundSM | Columbia Acorn European FundSM | |
Assets | ||||
Investments, at cost | ||||
Unaffiliated issuers, at cost | $249,643,780 | $3,763,746 | $82,729,386 | $54,369,171 |
Affiliated issuers, at cost | — | 928,191,848 | — | — |
Total investments, at cost | 249,643,780 | 931,955,594 | 82,729,386 | 54,369,171 |
Investments, at value | ||||
Unaffiliated issuers, at value (including securities on loan: $—, —, — and 2,907,619, respectively) | 314,432,443 | 3,763,746 | 103,498,523 | 69,030,973 |
Affiliated issuers, at value | — | 962,163,355 | — | — |
Total investments, at value | 314,432,443 | 965,927,101 | 103,498,523 | 69,030,973 |
Foreign currency (identified cost $—, $—, $—, $11,745) | — | — | — | 11,770 |
Receivable for: | ||||
Investments sold | 1,602,572 | — | 236,037 | — |
Capital shares sold | 118,685 | 845,046 | 224,244 | 325,607 |
Dividends | 153,526 | 1,579,106 | 44,241 | 76,941 |
Securities lending income | — | — | — | 6,453 |
Foreign tax reclaims | — | — | 118 | 94,430 |
Expense reimbursement due from Investment Manager | — | 972 | 464 | 361 |
Prepaid expenses | 2,043 | 7,005 | 966 | 355 |
Trustees’ deferred compensation plan | 246,752 | — | — | — |
Other assets | — | 8,911 | 1,387 | 16,522 |
Total assets | 316,556,021 | 968,368,141 | 104,005,980 | 69,563,412 |
Liabilities | ||||
Due upon return of securities on loan | — | — | — | 3,054,871 |
Payable for: | ||||
Investments purchased | — | 1,579,106 | 165,035 | — |
Capital shares purchased | 522,714 | 2,388,545 | 183,801 | 65,713 |
Foreign capital gains taxes deferred | — | — | 168,175 | — |
Investment advisory fee | 5,652 | 2,646 | 3,520 | 2,167 |
Distribution and/or service fees | 1,367 | 10,036 | 646 | 408 |
Transfer agent fees | 29,058 | 73,316 | 16,052 | 5,638 |
Administration fees | 406 | 1,236 | 132 | 85 |
Trustees’ fees | — | 135,254 | 30,940 | 6,142 |
Compensation of chief compliance officer | — | — | 3 | 2 |
Custodian fees | 1,619 | — | 41,239 | 10,050 |
Other expenses | 61,396 | 86,538 | 45,038 | 39,347 |
Trustees’ deferred compensation plan | 246,752 | — | — | — |
Other liabilities | — | — | 2,056 | — |
Total liabilities | 868,964 | 4,276,677 | 656,637 | 3,184,423 |
Net assets applicable to outstanding capital stock | $315,687,057 | $964,091,464 | $103,349,343 | $66,378,989 |
Represented by | ||||
Paid in capital | 231,941,403 | 918,077,003 | 173,046,264 | 60,436,327 |
Undistributed (excess of distributions over) net investment income | (410,517) | 7,496,651 | (1,378,265) | 336,110 |
Accumulated net realized gain (loss) | 19,367,508 | 4,546,303 | (88,919,307) | (9,058,054) |
Unrealized appreciation (depreciation) on: | ||||
Investments - unaffiliated issuers | 64,788,663 | — | 20,769,137 | 14,661,802 |
Investments - affiliated issuers | — | 33,971,507 | — | — |
Foreign currency translations | — | — | (311) | 2,804 |
Foreign capital gains tax | — | — | (168,175) | — |
Total - representing net assets applicable to outstanding capital stock | $315,687,057 | $964,091,464 | $103,349,343 | $66,378,989 |
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June 30, 2017 (Unaudited)
Columbia Acorn SelectSM | Columbia Thermostat FundSM | Columbia Acorn Emerging Markets FundSM | Columbia Acorn European FundSM | |
Class A | ||||
Net assets | $107,513,154 | $293,007,581 | $32,871,949 | $19,662,668 |
Shares outstanding | 7,981,516 | 19,856,108 | 2,778,946 | 1,131,088 |
Net asset value per share(a) | $13.47 | $14.76 | $11.83 | $17.38 |
Maximum offering price per share(b) | $14.29 | $15.66 | $12.55 | $18.44 |
Class C | ||||
Net assets | $22,382,032 | $292,183,350 | $15,332,359 | $10,034,886 |
Shares outstanding | 2,468,925 | 19,737,727 | 1,306,257 | 583,451 |
Net asset value per share(a) | $9.07 | $14.80 | $11.74 | $17.20 |
Class R4 | ||||
Net assets | $1,862,951 | $13,990,010 | $1,105,371 | $559,475 |
Shares outstanding | 118,494 | 955,083 | 92,586 | 31,997 |
Net asset value per share(c) | $15.72 | $14.65 | $11.94 | $17.49 |
Class R5 | ||||
Net assets | $1,498,103 | $12,855,299 | $994,955 | $4,025,820 |
Shares outstanding | 94,823 | 876,724 | 83,329 | 229,069 |
Net asset value per share(c) | $15.80 | $14.66 | $11.94 | $17.57 |
Class Y | ||||
Net assets | $23,667,560 | $411,153 | $2,244 | $27,191 |
Shares outstanding | 1,485,554 | 28,079 | 190 | 1,568 |
Net asset value per share(c) | $15.93 | $14.64 | $11.84 (d) | $17.34 |
Class Z | ||||
Net assets | $158,763,257 | $351,644,071 | $53,042,465 | $32,068,949 |
Shares outstanding | 10,475,699 | 24,131,665 | 4,470,996 | 1,842,368 |
Net asset value per share(c) | $15.16 | $14.57 | $11.86 | $17.41 |
(a) | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
(b) | On sales of $50,000 or more the offering price is reduced. |
(c) | Redemption price per share is equal to net asset value. |
(d) | Net asset value per share rounds to this amount due to fractional shares outstanding. |
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Table of Contents
Six Months Ended June 30, 2017 (Unaudited)
Columbia Acorn® Fund | Columbia Acorn International® | Columbia Acorn USA® | Columbia Acorn International SelectSM | |
Net investment income | ||||
Income: | ||||
Dividends — unaffiliated issuers | $22,618,010 | $60,540,371 | $2,750,287 | $1,167,330 |
Interest | — | 99 | — | — |
Income from securities lending — net | 2,831,312 | 1,046,141 | 415,672 | 21,534 |
Foreign taxes withheld | (38,556) | (6,322,031) | (20,678) | (174,268) |
Total income | 25,410,766 | 55,264,580 | 3,145,281 | 1,014,596 |
Expenses: | ||||
Investment advisory fee | 16,079,355 | 18,797,406 | 2,883,093 | 485,769 |
Distribution and/or service fees | ||||
Class A | 1,105,649 | 673,682 | 84,767 | 25,700 |
Class B | — | 1,422 | — | — |
Class C | 1,449,721 | 326,977 | 58,311 | 22,932 |
Class R | — | 21,726 | — | — |
Transfer agent fees | ||||
Class A | 291,247 | 237,428 | 46,780 | 12,128 |
Class B | — | 168 | — | — |
Class C | 95,494 | 28,738 | 8,049 | 2,708 |
Class R | — | 3,763 | — | — |
Class R4 | 11,749 | 44,659 | 6,622 | 741 |
Class R5 | 11,854 | 85,565 | 3,380 | 121 |
Class Z | 1,142,650 | 1,567,280 | 346,247 | 48,398 |
Administration fees | 1,123,123 | 1,145,845 | 150,443 | 25,465 |
Trustees’ fees | 200,414 | 203,199 | 26,618 | 4,423 |
Custodian fees | 22,770 | 390,789 | 5,254 | 11,584 |
Printing and postage fees | 200,364 | 248,517 | 29,649 | 14,052 |
Registration fees | 63,182 | 80,324 | 46,757 | 44,426 |
Audit fees | 55,741 | 91,773 | 20,325 | 23,320 |
Legal fees | 431,872 | 428,349 | 56,670 | 9,139 |
Compensation of chief compliance officer | 7,427 | 7,077 | 1,007 | 152 |
Other | 151,790 | 77,932 | 27,056 | 12,124 |
Total expenses | 22,444,402 | 24,462,619 | 3,801,028 | 743,182 |
Fees waived or expenses reimbursed by Investment Manager and its affiliates | — | — | — | (71,725) |
Fees waived by transfer agent | ||||
Class A | — | (107,789) | — | — |
Class B | — | (168) | — | — |
Class C | — | (6,540) | — | — |
Expense reduction | (10,246) | (10,491) | (1,760) | (816) |
Total net expenses | 22,434,156 | 24,337,631 | 3,799,268 | 670,641 |
Net investment income (loss) | 2,976,610 | 30,926,949 | (653,987) | 343,955 |
Realized and unrealized gain (loss) — net | ||||
Net realized gain (loss) on: | ||||
Investments — unaffiliated issuers | 679,800,922 | 148,637,957 | 96,319,482 | 136,440 |
Investments — affiliated issuers | 943,168 | — | — | — |
Foreign currency translations | 5,907 | (536,468) | — | (8,398) |
Net realized gain | 680,749,997 | 148,101,489 | 96,319,482 | 128,042 |
Net change in unrealized appreciation (depreciation) on: | ||||
Investments — unaffiliated issuers | (121,058,890) | 653,207,573 | (25,714,454) | 19,374,014 |
Investments — affiliated issuers | (1,745,360) | — | — | — |
Foreign currency translations | — | 342,251 | — | 9,301 |
Foreign capital gains tax | — | — | — | 11,162 |
Net change in unrealized appreciation (depreciation) | (122,804,250) | 653,549,824 | (25,714,454) | 19,394,477 |
Net realized and unrealized gain | 557,945,747 | 801,651,313 | 70,605,028 | 19,522,519 |
Net increase in net assets resulting from operations | $560,922,357 | $832,578,262 | $69,951,041 | $19,866,474 |
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Six Months Ended June 30, 2017 (Unaudited)
Columbia Acorn SelectSM | Columbia Thermostat FundSM | Columbia Acorn Emerging Markets FundSM | Columbia Acorn European FundSM | |
Net investment income | ||||
Income: | ||||
Dividends — unaffiliated issuers | $1,586,180 | $6,811 | $872,955 | $985,940 |
Dividends — affiliated issuers | — | 11,083,957 | — | — |
Income from securities lending — net | 243 | — | 6,380 | 23,732 |
Foreign taxes withheld | — | — | (81,009) | (84,103) |
Total income | 1,586,423 | 11,090,768 | 798,326 | 925,569 |
Expenses: | ||||
Investment advisory fee | 1,328,038 | 518,203 | 646,708 | 310,453 |
Distribution and/or service fees | ||||
Class A | 142,205 | 425,186 | 48,892 | 26,130 |
Class C | 130,851 | 1,580,109 | 78,139 | 41,588 |
Transfer agent fees | ||||
Class A | 62,606 | 115,953 | 30,359 | 11,248 |
Class C | 14,387 | 107,865 | 12,144 | 4,397 |
Class R4 | 601 | 4,979 | 925 | 247 |
Class R5 | 287 | 2,994 | 221 | 547 |
Class Z | 83,510 | 120,847 | 37,012 | 10,583 |
Administration fees | 72,895 | 241,785 | 24,357 | 12,171 |
Trustees’ fees | 13,067 | 44,072 | 4,360 | 2,089 |
Custodian fees | 2,091 | 1,331 | 54,708 | 15,602 |
Printing and postage fees | 29,059 | 52,712 | 16,046 | 8,292 |
Registration fees | 45,823 | 60,623 | 43,926 | 37,842 |
Audit fees | 20,233 | 11,248 | 35,704 | 19,812 |
Legal fees | 27,911 | 96,967 | 10,443 | 4,236 |
Compensation of chief compliance officer | 474 | 1,646 | 157 | 69 |
Other | 17,888 | 36,183 | 13,122 | 14,469 |
Total expenses | 1,991,926 | 3,422,703 | 1,057,223 | 519,775 |
Fees waived or expenses reimbursed by Investment Manager and its affiliates | (312,480) | (126,713) | (97,355) | (63,613) |
Expense reduction | (1,847) | (680) | (80) | (20) |
Total net expenses | 1,677,599 | 3,295,310 | 959,788 | 456,142 |
Net investment income (loss) | (91,176) | 7,795,458 | (161,462) | 469,427 |
Realized and unrealized gain (loss) — net | ||||
Net realized gain (loss) on: | ||||
Investments — unaffiliated issuers | 19,819,313 | — | (2,400,743) | 880,599 |
Investments — affiliated issuers | — | 3,023,476 | — | — |
Capital gain distributions from underlying affiliated funds | — | 4,622,139 | — | — |
Foreign currency translations | — | — | (15,877) | (5,235) |
Net realized gain (loss) | 19,819,313 | 7,645,615 | (2,416,620) | 875,364 |
Net change in unrealized appreciation (depreciation) on: | ||||
Investments — unaffiliated issuers | 14,865,331 | — | 22,040,167 | 9,336,115 |
Investments — affiliated issuers | — | 15,659,589 | — | — |
Foreign currency translations | — | — | (612) | 8,693 |
Foreign capital gains tax | — | — | (159,986) | — |
Net change in unrealized appreciation (depreciation) | 14,865,331 | 15,659,589 | 21,879,569 | 9,344,808 |
Net realized and unrealized gain | 34,684,644 | 23,305,204 | 19,462,949 | 10,220,172 |
Net increase in net assets resulting from operations | $34,593,468 | $31,100,662 | $19,301,487 | $10,689,599 |
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Columbia Acorn®Fund | Columbia Acorn International® | |||
Six Months Ended June 30, 2017 (Unaudited) | Year Ended December 31, 2016 | Six Months Ended June 30, 2017 (Unaudited) | Year Ended December 31, 2016 | |
Operations | ||||
Net investment income (loss) | $2,976,610 | $(2,693,471) | $30,926,949 | $63,212,029 |
Net realized gain (loss) | 680,749,997 | 1,510,848,459 | 148,101,489 | (14,787,593) |
Net change in unrealized appreciation (depreciation) | (122,804,250) | (1,031,158,606) | 653,549,824 | (171,914,114) |
Net increase (decrease) in net assets resulting from operations | 560,922,357 | 476,996,382 | 832,578,262 | (123,489,678) |
Distributions to shareholders | ||||
Net investment income | ||||
Class A | — | — | (4,335,267) | (2,294,349) |
Class B | — | — | (2,069) | — |
Class C | — | — | (387,658) | — |
Class I(a) | — | — | — | (250,719) |
Class R | — | — | (103,770) | (1,758) |
Class R4 | — | — | (871,232) | (643,271) |
Class R5 | — | — | (3,471,621) | (2,042,254) |
Class Y | — | — | (2,721,207) | (1,616,789) |
Class Z | — | — | (31,830,965) | (22,632,732) |
Net realized gains | ||||
Class A | (33,143,420) | (355,213,879) | — | (4,791,671) |
Class B | — | — | — | (6,422) |
Class C | (16,469,765) | (162,765,900) | — | (553,766) |
Class I(a) | — | (6,394,000) | — | (367,390) |
Class R | — | — | — | (30,861) |
Class R4 | (1,186,180) | (10,648,130) | — | (3,192,056) |
Class R5 | (1,526,873) | (15,236,759) | — | (2,010,528) |
Class Y | (3,389,085) | (25,706,160) | — | (1,662,627) |
Class Z | (117,143,381) | (1,202,301,687) | — | (27,548,483) |
Total distributions to shareholders | (172,858,704) | (1,778,266,515) | (43,723,789) | (69,645,676) |
Decrease in net assets from capital stock activity | (501,260,965) | (1,063,279,983) | (444,692,320) | (1,887,104,246) |
Total increase (decrease) in net assets | (113,197,312) | (2,364,550,116) | 344,162,153 | (2,080,239,600) |
Net assets at beginning of period | 4,828,733,756 | 7,193,283,872 | 4,652,938,166 | 6,733,177,766 |
Net assets at end of period | $4,715,536,444 | $4,828,733,756 | $4,997,100,319 | $4,652,938,166 |
Undistributed (excess of distributions over) net investment income | $(807,383) | $(3,783,993) | $17,847,989 | $30,644,829 |
(a) | Effective March 27, 2017, Class I shares were redeemed or exchanged for Class Y shares. |
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Columbia Acorn USA® | Columbia Acorn International SelectSM | |||
Six Months Ended June 30, 2017 (Unaudited) | Year Ended December 31, 2016 | Six Months Ended June 30, 2017 (Unaudited) | Year Ended December 31, 2016 | |
Operations | ||||
Net investment income (loss) | $(653,987) | $(2,585,435) | $343,955 | $727,712 |
Net realized gain | 96,319,482 | 173,306,331 | 128,042 | 406,852 |
Net change in unrealized appreciation (depreciation) | (25,714,454) | (116,920,216) | 19,394,477 | (727,228) |
Net increase in net assets resulting from operations | 69,951,041 | 53,800,680 | 19,866,474 | 407,336 |
Distributions to shareholders | ||||
Net investment income | ||||
Class A | — | — | — | (128,440) |
Class I(a) | — | — | — | (21) |
Class R4 | — | — | — | (10,361) |
Class R5 | — | — | — | (4,257) |
Class Y | — | — | — | (3,239) |
Class Z | — | — | — | (688,337) |
Net realized gains | ||||
Class A | (1,953,496) | (32,380,146) | — | — |
Class C | (568,735) | (6,855,670) | — | — |
Class I(a) | — | (535) | — | — |
Class R4 | (427,408) | (2,636,761) | — | — |
Class R5 | (405,092) | (6,082,950) | — | — |
Class Y | (1,207,408) | (13,772,136) | — | — |
Class Z | (14,874,507) | (176,812,357) | — | — |
Return of capital | ||||
Class A | — | — | — | (21,491) |
Class I(a) | — | — | — | (2) |
Class R4 | — | — | — | (1,231) |
Class R5 | — | — | — | (474) |
Class Y | — | — | — | (333) |
Class Z | — | — | — | (79,155) |
Total distributions to shareholders | (19,436,646) | (238,540,555) | — | (937,341) |
Decrease in net assets from capital stock activity | (57,579,362) | (129,621,627) | (4,195,577) | (38,779,298) |
Total increase (decrease) in net assets | (7,064,967) | (314,361,502) | 15,670,897 | (39,309,303) |
Net assets at beginning of period | 643,620,425 | 957,981,927 | 100,011,573 | 139,320,876 |
Net assets at end of period | $636,555,458 | $643,620,425 | $115,682,470 | $100,011,573 |
Undistributed (excess of distributions over) net investment income | $(978,245) | $(324,258) | $267,668 | $(76,287) |
(a) | Effective March 27, 2017, Class I shares were redeemed or exchanged for Class Y shares. |
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Columbia Acorn SelectSM | Columbia Thermostat FundSM | |||
Six Months Ended June 30, 2017 (Unaudited) | Year Ended December 31, 2016 | Six Months Ended June 30, 2017 (Unaudited) | Year Ended December 31, 2016 | |
Operations | ||||
Net investment income (loss) | $(91,176) | $(636,264) | $7,795,458 | $13,815,474 |
Net realized gain | 19,819,313 | 51,359,334 | 7,645,615 | 6,455,376 |
Net change in unrealized appreciation (depreciation) | 14,865,331 | (13,696,714) | 15,659,589 | 27,501,996 |
Net increase in net assets resulting from operations | 34,593,468 | 37,026,356 | 31,100,662 | 47,772,846 |
Distributions to shareholders | ||||
Net investment income | ||||
Class A | — | — | (4,626,442) | (2,065,216) |
Class C | — | — | (3,104,507) | (1,254,586) |
Class R4 | — | — | (221,981) | (116,893) |
Class R5 | — | — | (184,686) | (93,729) |
Class Y | — | — | (6,396) | (3,227) |
Class Z | — | — | (5,661,210) | (2,661,104) |
Net realized gains | ||||
Class A | (9,165,000) | (20,956,929) | (1,198,529) | (7,330,165) |
Class C | (2,682,256) | (6,613,573) | (1,216,348) | (6,807,442) |
Class I(a) | — | (3,413,863) | — | — |
Class R4 | (76,385) | (137,648) | (57,507) | (270,622) |
Class R5 | (77,918) | (169,378) | (47,845) | (227,023) |
Class Y | (2,038,744) | (675,691) | (1,657) | (6,939) |
Class Z | (11,563,561) | (23,230,145) | (1,466,597) | (6,421,250) |
Total distributions to shareholders | (25,603,864) | (55,197,227) | (17,793,705) | (27,258,196) |
Decrease in net assets from capital stock activity | (1,691,531) | (72,642,815) | (156,642,110) | (15,113,859) |
Total increase (decrease) in net assets | 7,298,073 | (90,813,686) | (143,335,153) | 5,400,791 |
Net assets at beginning of period | 308,388,984 | 399,202,670 | 1,107,426,617 | 1,102,025,826 |
Net assets at end of period | $315,687,057 | $308,388,984 | $964,091,464 | $1,107,426,617 |
Undistributed (excess of distributions over) net investment income | $(410,517) | $(319,341) | $7,496,651 | $13,506,415 |
(a) | Effective March 27, 2017, Class I shares were redeemed or exchanged for Class Y shares. |
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Columbia Acorn Emerging Markets FundSM | Columbia Acorn European FundSM | |||
Six Months Ended June 30, 2017 (Unaudited) | Year Ended December 31, 2016 | Six Months Ended June 30, 2017 (Unaudited)(a) | Year Ended December 31, 2016 | |
Operations | ||||
Net investment income (loss) | $(161,462) | $(284,926) | $469,427 | $590,637 |
Net realized gain (loss) | (2,416,620) | (45,598,080) | 875,364 | (4,579,308) |
Net change in unrealized appreciation (depreciation) | 21,879,569 | 36,302,688 | 9,344,808 | 1,960,685 |
Net increase (decrease) in net assets resulting from operations | 19,301,487 | (9,580,318) | 10,689,599 | (2,027,986) |
Distributions to shareholders | ||||
Net investment income | ||||
Class A | — | (194,500) | (61,767) | (259,174) |
Class C | — | — | (15,971) | (14,070) |
Class I(b) | — | (15) | — | (29) |
Class R4 | — | (9,157) | (1,849) | (4,237) |
Class R5 | — | (6,632) | (13,461) | (14,327) |
Class Y | — | (14) | (66) | — |
Class Z | — | (333,824) | (95,901) | (127,499) |
Return of capital | ||||
Class A | — | (199,268) | — | — |
Class I(b) | — | (8) | — | — |
Class R4 | — | (5,302) | — | — |
Class R5 | — | (3,262) | — | — |
Class Y | — | (7) | — | — |
Class Z | — | (196,472) | — | — |
Total distributions to shareholders | — | (948,461) | (189,015) | (419,336) |
Increase (decrease) in net assets from capital stock activity | (21,712,543) | (159,031,334) | 9,526,092 | (13,086,756) |
Total increase (decrease) in net assets | (2,411,056) | (169,560,113) | 20,026,676 | (15,534,078) |
Net assets at beginning of period | 105,760,399 | 275,320,512 | 46,352,313 | 61,886,391 |
Net assets at end of period | $103,349,343 | $105,760,399 | $66,378,989 | $46,352,313 |
Undistributed (excess of distributions over) net investment income | $(1,378,265) | $(1,216,803) | $336,110 | $55,698 |
(a) | Class Y shares are based on operations from March 1, 2017 (commencement of operations) through the stated period end. |
(b) | Effective March 27, 2017, Class I shares were redeemed or exchanged for Class Y shares. |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 93 |
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Columbia Acorn®Fund | Columbia Acorn International® | |||||||
Six Months Ended | Year Ended | Six Months Ended | Year Ended | |||||
June 30, 2017 (Unaudited) | December 31, 2016 | June 30, 2017 (Unaudited) | December 31, 2016 | |||||
Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | |
Capital stock activity | ||||||||
Class A | ||||||||
Subscriptions | 2,883,397 | 41,421,503 | 4,853,520 | 75,803,085 | 1,113,333 | 46,387,576 | 1,974,708 | 75,655,038 |
Distributions reinvested | 2,078,336 | 29,824,130 | 22,814,791 | 328,819,766 | 92,959 | 4,161,790 | 175,532 | 6,887,710 |
Redemptions | (15,171,162) | (214,066,570) | (36,704,218) | (594,559,320) | (5,311,577) | (218,701,201) | (7,659,549) | (295,352,503) |
Net decrease | (10,209,429) | (142,820,937) | (9,035,907) | (189,936,469) | (4,105,285) | (168,151,835) | (5,509,309) | (212,809,755) |
Class B | ||||||||
Distributions reinvested | — | — | — | — | 47 | 2,052 | 166 | 6,407 |
Redemptions | — | — | (93,870) | (1,194,420) | (7,156) | (285,619) | (29,829) | (1,084,349) |
Net decrease | — | — | (93,870) | (1,194,420) | (7,109) | (283,567) | (29,663) | (1,077,942) |
Class C | ||||||||
Subscriptions | 541,758 | 4,717,470 | 2,850,481 | 28,830,261 | 45,583 | 1,821,506 | 88,146 | 3,250,023 |
Distributions reinvested | 1,809,997 | 15,783,173 | 15,224,608 | 142,292,662 | 8,653 | 371,465 | 12,938 | 497,985 |
Redemptions | (8,397,404) | (74,484,276) | (16,527,105) | (189,293,788) | (349,243) | (14,054,948) | (670,819) | (24,917,914) |
Net increase (decrease) | (6,045,649) | (53,983,633) | 1,547,984 | (18,170,865) | (295,007) | (11,861,977) | (569,735) | (21,169,906) |
Class I(a) | ||||||||
Subscriptions | — | — | 2,241,456 | 40,012,558 | — | — | 2,023,643 | 76,814,214 |
Distributions reinvested | — | — | 384,162 | 6,393,601 | — | — | 15,790 | 618,080 |
Redemptions | (704,360) | (11,413,369) | (3,318,699) | (60,309,700) | (587,108) | (24,144,151) | (2,841,410) | (108,946,434) |
Net decrease | (704,360) | (11,413,369) | (693,081) | (13,903,541) | (587,108) | (24,144,151) | (801,977) | (31,514,140) |
Class R | ||||||||
Subscriptions | — | — | — | — | 200,007 | 8,138,017 | 42,672 | 1,642,911 |
Distributions reinvested | — | — | — | — | 2,179 | 97,434 | 704 | 28,080 |
Redemptions | — | — | — | — | (53,725) | (2,211,764) | (46,971) | (1,810,491) |
Net increase (decrease) | — | — | — | — | 148,461 | 6,023,687 | (3,595) | (139,500) |
Class R4 | ||||||||
Subscriptions | 584,680 | 9,818,746 | 495,492 | 9,093,680 | 325,026 | 13,499,161 | 2,310,115 | 89,193,756 |
Distributions reinvested | 60,225 | 1,031,656 | 568,047 | 9,572,736 | 19,278 | 871,179 | 95,799 | 3,833,333 |
Redemptions | (502,049) | (8,413,601) | (1,492,520) | (27,409,512) | (748,422) | (30,957,447) | (12,076,499) | (488,580,771) |
Net increase (decrease) | 142,856 | 2,436,801 | (428,981) | (8,743,096) | (404,118) | (16,587,107) | (9,670,585) | (395,553,682) |
Class R5 | ||||||||
Subscriptions | 508,500 | 8,627,611 | 904,623 | 16,475,579 | 2,672,211 | 113,115,053 | 2,366,752 | 90,215,384 |
Distributions reinvested | 88,470 | 1,526,102 | 896,900 | 15,226,488 | 77,214 | 3,461,513 | 103,055 | 4,001,510 |
Redemptions | (561,291) | (9,512,145) | (2,784,189) | (50,798,909) | (1,349,109) | (57,408,540) | (3,057,775) | (116,417,523) |
Net increase (decrease) | 35,679 | 641,568 | (982,666) | (19,096,842) | 1,400,316 | 59,168,026 | (587,968) | (22,200,629) |
Class Y(a) | ||||||||
Subscriptions | 1,849,271 | 31,833,886 | 631,619 | 11,532,036 | 2,395,358 | 102,231,093 | 1,867,415 | 72,910,693 |
Distributions reinvested | 195,224 | 3,389,085 | 1,502,317 | 25,706,160 | 60,074 | 2,715,338 | 83,697 | 3,278,372 |
Redemptions | (4,364,034) | (75,174,766) | (3,702,598) | (70,187,193) | (3,088,082) | (136,129,354) | (3,723,583) | (138,860,801) |
Net decrease | (2,319,539) | (39,951,795) | (1,568,662) | (32,948,997) | (632,650) | (31,182,923) | (1,772,471) | (62,671,736) |
Class Z | ||||||||
Subscriptions | 8,576,348 | 138,749,997 | 12,510,656 | 225,203,283 | 5,408,351 | 222,815,683 | 10,938,039 | 423,737,709 |
Distributions reinvested | 6,441,846 | 106,420,721 | 65,323,103 | 1,066,953,832 | 567,786 | 25,465,249 | 1,012,550 | 39,453,071 |
Redemptions | (30,932,209) | (501,340,318) | (115,579,393) | (2,071,442,868) | (12,157,503) | (505,953,405) | (41,785,744) | (1,603,157,736) |
Net decrease | (15,914,015) | (256,169,600) | (37,745,634) | (779,285,753) | (6,181,366) | (257,672,473) | (29,835,155) | (1,139,966,956) |
Total net decrease | (35,014,457) | (501,260,965) | (49,000,817) | (1,063,279,983) | (10,663,866) | (444,692,320) | (48,780,458) | (1,887,104,246) |
(a) | Effective March 27, 2017, Class I shares were redeemed or exchanged for Class Y shares. |
94 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Columbia Acorn USA® | Columbia Acorn International SelectSM | |||||||
Six Months Ended | Year Ended | Six Months Ended | Year Ended | |||||
June 30, 2017 (Unaudited) | December 31, 2016 | June 30, 2017 (Unaudited) | December 31, 2016 | |||||
Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | |
Capital stock activity | ||||||||
Class A | ||||||||
Subscriptions | 276,310 | 4,326,063 | 570,239 | 10,137,511 | 249,073 | 5,992,741 | 144,898 | 3,073,366 |
Distributions reinvested | 113,310 | 1,794,821 | 1,919,989 | 30,640,598 | — | — | 6,931 | 145,542 |
Redemptions | (2,208,510) | (34,795,322) | (1,785,208) | (32,134,125) | (379,090) | (8,956,980) | (791,209) | (16,621,178) |
Net increase (decrease) | (1,818,890) | (28,674,438) | 705,020 | 8,643,984 | (130,017) | (2,964,239) | (639,380) | (13,402,270) |
Class B | ||||||||
Redemptions | — | — | (1,541) | (21,538) | — | — | (984) | (18,165) |
Net decrease | — | — | (1,541) | (21,538) | — | — | (984) | (18,165) |
Class C | ||||||||
Subscriptions | 57,889 | 598,984 | 117,283 | 1,391,102 | 8,930 | 205,448 | 14,021 | 278,937 |
Distributions reinvested | 52,927 | 552,032 | 573,317 | 6,404,572 | — | — | — | — |
Redemptions | (253,161) | (2,658,959) | (566,118) | (7,483,741) | (32,902) | (745,500) | (66,643) | (1,312,570) |
Net increase (decrease) | (142,345) | (1,507,943) | 124,482 | 311,933 | (23,972) | (540,052) | (52,622) | (1,033,633) |
Class I(a) | ||||||||
Redemptions | (70) | (1,266) | — | — | (92) | (2,211) | — | — |
Net decrease | (70) | (1,266) | — | — | (92) | (2,211) | — | — |
Class R4 | ||||||||
Subscriptions | 551,088 | 10,668,498 | 182,950 | 4,045,095 | 5,935 | 142,221 | 37,828 | 786,212 |
Distributions reinvested | 22,342 | 427,408 | 139,452 | 2,636,761 | — | — | 541 | 11,569 |
Redemptions | (123,171) | (2,375,310) | (338,183) | (6,985,619) | (4,915) | (119,626) | (28,908) | (628,248) |
Net increase (decrease) | 450,259 | 8,720,596 | (15,781) | (303,763) | 1,020 | 22,595 | 9,461 | 169,533 |
Class R5 | ||||||||
Subscriptions | 33,868 | 638,323 | 204,798 | 4,201,531 | 3,596 | 85,829 | 6,007 | 129,000 |
Distributions reinvested | 21,064 | 405,054 | 314,491 | 6,082,419 | — | — | 220 | 4,710 |
Redemptions | (675,429) | (13,039,418) | (939,630) | (19,229,210) | (4,936) | (121,099) | (90,410) | (1,874,479) |
Net decrease | (620,497) | (11,996,041) | (420,341) | (8,945,260) | (1,340) | (35,270) | (84,183) | (1,740,769) |
Class Y(a) | ||||||||
Subscriptions | 155,430 | 2,913,994 | 160,115 | 3,363,597 | 5,683 | 135,450 | 9,194 | 207,948 |
Distributions reinvested | 62,364 | 1,207,369 | 722,739 | 13,771,606 | — | — | 166 | 3,550 |
Redemptions | (96,068) | (1,832,253) | (591,947) | (11,971,994) | (9,641) | (223,304) | (24,953) | (526,808) |
Net increase (decrease) | 121,726 | 2,289,110 | 290,907 | 5,163,209 | (3,958) | (87,854) | (15,593) | (315,310) |
Class Z | ||||||||
Subscriptions | 933,585 | 16,800,572 | 2,044,441 | 42,076,329 | 490,601 | 11,734,105 | 496,718 | 10,632,273 |
Distributions reinvested | 782,802 | 14,340,933 | 9,206,155 | 166,971,786 | — | — | 25,779 | 547,806 |
Redemptions | (3,168,249) | (57,550,885) | (17,240,685) | (343,518,307) | (511,777) | (12,322,651) | (1,578,100) | (33,618,763) |
Net decrease | (1,451,862) | (26,409,380) | (5,990,089) | (134,470,192) | (21,176) | (588,546) | (1,055,603) | (22,438,684) |
Total net decrease | (3,461,679) | (57,579,362) | (5,307,343) | (129,621,627) | (179,535) | (4,195,577) | (1,838,904) | (38,779,298) |
(a) | Effective March 27, 2017, Class I shares were redeemed or exchanged for Class Y shares. |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 95 |
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Columbia Acorn SelectSM | Columbia Thermostat FundSM | |||||||
Six Months Ended | Year Ended | Six Months Ended | Year Ended | |||||
June 30, 2017 (Unaudited) | December 31, 2016 | June 30, 2017 (Unaudited) | December 31, 2016 | |||||
Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | |
Capital stock activity | ||||||||
Class A | ||||||||
Subscriptions | 628,251 | 8,686,279 | 504,342 | 6,690,492 | 1,095,341 | 16,181,552 | 8,041,017 | 116,448,340 |
Distributions reinvested | 593,372 | 7,874,053 | 1,437,616 | 19,010,001 | 366,581 | 5,414,399 | 598,148 | 8,686,416 |
Redemptions | (2,328,695) | (31,878,357) | (3,388,242) | (45,317,466) | (8,924,123) | (131,729,251) | (8,433,395) | (122,528,839) |
Net increase (decrease) | (1,107,072) | (15,318,025) | (1,446,284) | (19,616,973) | (7,462,201) | (110,133,300) | 205,770 | 2,605,917 |
Class B | ||||||||
Redemptions | — | — | (26,947) | (277,346) | — | — | (20,546) | (294,082) |
Net decrease | — | — | (26,947) | (277,346) | — | — | (20,546) | (294,082) |
Class C | ||||||||
Subscriptions | 34,608 | 323,676 | 247,884 | 2,349,868 | 687,691 | 10,176,230 | 3,516,437 | 51,108,804 |
Distributions reinvested | 286,451 | 2,560,873 | 573,270 | 5,430,627 | 237,340 | 3,519,764 | 433,622 | 6,322,208 |
Redemptions | (836,660) | (8,106,911) | (1,129,045) | (11,022,448) | (4,369,346) | (64,651,819) | (6,071,444) | (88,504,045) |
Net decrease | (515,601) | (5,222,362) | (307,891) | (3,241,953) | (3,444,315) | (50,955,825) | (2,121,385) | (31,073,033) |
Class I(a) | ||||||||
Subscriptions | — | — | 2,747,662 | 39,487,939 | — | — | — | — |
Distributions reinvested | — | — | 231,745 | 3,413,645 | — | — | — | — |
Redemptions | (738,244) | (11,402,065) | (3,993,682) | (59,895,103) | — | — | — | — |
Net decrease | (738,244) | (11,402,065) | (1,014,275) | (16,993,519) | — | — | — | — |
Class R4 | ||||||||
Subscriptions | 82,275 | 1,289,357 | 20,875 | 314,488 | 221,672 | 3,255,978 | 628,375 | 9,077,683 |
Distributions reinvested | 4,931 | 76,385 | 9,104 | 137,648 | 19,061 | 279,431 | 26,865 | 387,442 |
Redemptions | (25,074) | (399,193) | (32,975) | (491,350) | (367,907) | (5,391,086) | (803,020) | (11,457,488) |
Net increase (decrease) | 62,132 | 966,549 | (2,996) | (39,214) | (127,174) | (1,855,677) | (147,780) | (1,992,363) |
Class R5 | ||||||||
Subscriptions | 33,505 | 522,771 | 34,905 | 518,997 | 251,436 | 3,690,573 | 641,667 | 9,116,272 |
Distributions reinvested | 5,001 | 77,809 | 11,146 | 169,161 | 15,851 | 232,531 | 22,173 | 319,988 |
Redemptions | (11,836) | (189,654) | (35,794) | (532,564) | (220,532) | (3,234,641) | (264,332) | (3,843,375) |
Net increase | 26,670 | 410,926 | 10,257 | 155,594 | 46,755 | 688,463 | 399,508 | 5,592,885 |
Class Y(a) | ||||||||
Subscriptions | 1,568,962 | 25,642,221 | 86,025 | 1,305,072 | 1,198 | 17,547 | 4,847 | 70,136 |
Distributions reinvested | 129,932 | 2,038,635 | 44,223 | 675,474 | 546 | 8,000 | 701 | 10,096 |
Redemptions | (500,005) | (7,928,123) | (162,905) | (2,480,014) | (1,238) | (18,058) | (2,796) | (40,341) |
Net increase (decrease) | 1,198,889 | 19,752,733 | (32,657) | (499,468) | 506 | 7,489 | 2,752 | 39,891 |
Class Z | ||||||||
Subscriptions | 1,164,841 | 17,834,701 | 573,558 | 8,420,465 | 6,392,366 | 92,989,678 | 7,615,049 | 109,081,660 |
Distributions reinvested | 707,593 | 10,564,363 | 1,406,945 | 20,616,589 | 348,707 | 5,084,149 | 426,415 | 6,116,187 |
Redemptions | (1,264,217) | (19,278,351) | (4,164,970) | (61,166,990) | (6,334,157) | (92,467,087) | (7,344,820) | (105,190,921) |
Net increase (decrease) | 608,217 | 9,120,713 | (2,184,467) | (32,129,936) | 406,916 | 5,606,740 | 696,644 | 10,006,926 |
Total net decrease | (465,009) | (1,691,531) | (5,005,260) | (72,642,815) | (10,579,513) | (156,642,110) | (985,037) | (15,113,859) |
(a) | Effective March 27, 2017, Class I shares were redeemed or exchanged for Class Y shares. |
96 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Columbia Acorn Emerging Markets FundSM | Columbia Acorn European FundSM | |||||||
Six Months Ended | Year Ended | Six Months Ended | Year Ended | |||||
June 30, 2017 (Unaudited) | December 31, 2016 | June 30, 2017 (Unaudited)(a) | December 31, 2016 | |||||
Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | |
Capital stock activity | ||||||||
Class A | ||||||||
Subscriptions | 233,744 | 2,540,331 | 511,014 | 5,151,768 | 396,951 | 6,564,008 | 614,988 | 8,800,628 |
Distributions reinvested | — | — | 38,980 | 390,579 | 3,490 | 61,767 | 18,095 | 259,128 |
Redemptions | (2,448,659) | (25,920,358) | (4,201,955) | (43,044,856) | (1,130,312) | (17,506,086) | (1,508,418) | (21,629,960) |
Net decrease | (2,214,915) | (23,380,027) | (3,651,961) | (37,502,509) | (729,871) | (10,880,311) | (875,335) | (12,570,204) |
Class C | ||||||||
Subscriptions | 46,844 | 504,853 | 87,820 | 876,756 | 140,174 | 2,268,497 | 189,633 | 2,692,628 |
Distributions reinvested | — | — | — | — | 911 | 15,971 | 926 | 14,070 |
Redemptions | (325,886) | (3,536,903) | (752,453) | (7,590,091) | (65,938) | (1,032,846) | (175,620) | (2,481,569) |
Net increase (decrease) | (279,042) | (3,032,050) | (664,633) | (6,713,335) | 75,147 | 1,251,622 | 14,939 | 225,129 |
Class I(b) | ||||||||
Distributions reinvested | — | — | 2 | 23 | — | — | 2 | 29 |
Redemptions | (205) | (2,259) | — | — | (173) | (2,700) | — | — |
Net increase (decrease) | (205) | (2,259) | 2 | 23 | (173) | (2,700) | 2 | 29 |
Class R4 | ||||||||
Subscriptions | 15,198 | 169,841 | 48,605 | 497,849 | 7,466 | 115,914 | 6,570 | 97,107 |
Distributions reinvested | — | — | 1,429 | 14,438 | 104 | 1,840 | 296 | 4,213 |
Redemptions | (54,270) | (596,079) | (253,438) | (2,611,137) | (1,128) | (16,953) | (8,873) | (126,268) |
Net increase (decrease) | (39,072) | (426,238) | (203,404) | (2,098,850) | 6,442 | 100,801 | (2,007) | (24,948) |
Class R5 | ||||||||
Subscriptions | 20,357 | 228,055 | 79,534 | 799,097 | 158,351 | 2,680,211 | 13,780 | 200,355 |
Distributions reinvested | — | — | 966 | 9,749 | 752 | 13,452 | 997 | 14,301 |
Redemptions | (18,383) | (201,060) | (1,224,039) | (12,729,815) | (18,626) | (307,218) | (68,695) | (1,011,199) |
Net increase (decrease) | 1,974 | 26,995 | (1,143,539) | (11,920,969) | 140,477 | 2,386,445 | (53,918) | (796,543) |
Class Y(b) | ||||||||
Subscriptions | — | — | — | — | 1,565 | 26,844 | — | — |
Distributions reinvested | — | — | — | — | 3 | 56 | — | — |
Net increase | — | — | — | — | 1,568 | 26,900 | — | — |
Class Z | ||||||||
Subscriptions | 1,856,810 | 19,747,812 | 1,761,120 | 18,169,951 | 1,235,257 | 19,830,300 | 767,402 | 10,950,673 |
Distributions reinvested | — | — | 50,737 | 508,887 | 5,392 | 95,552 | 8,898 | 126,581 |
Redemptions | (1,340,536) | (14,646,776) | (12,253,429) | (119,474,532) | (202,113) | (3,282,517) | (770,123) | (10,997,473) |
Net increase (decrease) | 516,274 | 5,101,036 | (10,441,572) | (100,795,694) | 1,038,536 | 16,643,335 | 6,177 | 79,781 |
Total net increase (decrease) | (2,014,986) | (21,712,543) | (16,105,107) | (159,031,334) | 532,126 | 9,526,092 | (910,142) | (13,086,756) |
(a) | Class Y shares are based on operations from March 1, 2017 (commencement of operations) through the stated period end. |
(b) | Effective March 27, 2017, Class I shares were redeemed or exchanged for Class Y shares. |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 97 |
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Columbia Acorn® Fund
Year ended (except as noted) | Net asset value, beginning of period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net investment income | Distributions from net realized gains |
Class A | ||||||
6/30/2017 (b) | $13.35 | (0.00) (c) | 1.63 | 1.63 | — | (0.56) |
12/31/2016 | $17.63 | (0.03) | 1.73 | 1.70 | — | (5.98) |
12/31/2015 | $30.30 | (0.12) | (0.27) (g) | (0.39) | — | (12.28) |
12/31/2014 | $35.78 | (0.08) | 0.21 | 0.13 | — | (5.61) |
12/31/2013 | $29.36 | (0.06) | 8.84 | 8.78 | (0.04) | (2.32) |
12/31/2012 | $26.63 | 0.08 | 4.53 | 4.61 | (0.06) | (1.82) |
Class C | ||||||
6/30/2017 (b) | $8.34 | (0.03) | 1.01 | 0.98 | — | (0.56) |
12/31/2016 | $13.16 | (0.11) | 1.27 | 1.16 | — | (5.98) |
12/31/2015 | $25.92 | (0.27) | (0.21) (g) | (0.48) | — | (12.28) |
12/31/2014 | $31.64 | (0.28) | 0.17 | (0.11) | — | (5.61) |
12/31/2013 | $26.34 | (0.26) | 7.88 | 7.62 | — | (2.32) |
12/31/2012 | $24.18 | (0.12) | 4.10 | 3.98 | — | (1.82) |
Class R4 | ||||||
6/30/2017 (b) | $15.83 | 0.02 | 1.93 | 1.95 | — | (0.56) |
12/31/2016 | $19.84 | 0.00 (c) | 1.97 | 1.97 | — | (5.98) |
12/31/2015 | $32.51 | (0.07) | (0.32) (g) | (0.39) | — | (12.28) |
12/31/2014 | $37.88 | 0.02 | 0.22 | 0.24 | — | (5.61) |
12/31/2013 | $30.90 | 0.06 | 9.29 | 9.35 | (0.05) | (2.32) |
12/31/2012 (h) | $30.59 | 0.05 | 1.84 | 1.89 | (0.12) | (1.46) |
98 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Total distributions to shareholders | Net asset value, end of period | Total return | Total gross expense ratio to average net assets(a) | Total net expense ratio to average net assets(a) | Net investment income (loss) ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
(0.56) | $14.42 | 12.27% | 1.08% (d) | 1.08% (d),(e) | (0.02%) (d) | 35% | $858,519 |
(5.98) | $13.35 | 10.06% | 1.10% (f) | 1.10% (f) | (0.21%) | 85% | $931,460 |
(12.28) | $17.63 | (1.87%) | 1.08% | 1.08% | (0.39%) | 21% | $1,388,893 |
(5.61) | $30.30 | 0.55% | 1.08% | 1.08% | (0.22%) | 17% | $2,694,610 |
(2.36) | $35.78 | 30.53% | 1.07% | 1.07% | (0.17%) | 18% | $3,869,734 |
(1.88) | $29.36 | 17.62% | 1.06% | 1.06% (e) | 0.27% | 16% | $3,233,494 |
(0.56) | $8.76 | 11.84% | 1.83% (d) | 1.83% (d),(e) | (0.78%) (d) | 35% | $264,294 |
(5.98) | $8.34 | 9.29% | 1.84% (f) | 1.84% (f) | (0.95%) | 85% | $302,119 |
(12.28) | $13.16 | (2.57%) | 1.80% | 1.80% | (1.11%) | 21% | $456,348 |
(5.61) | $25.92 | (0.16%) | 1.77% | 1.77% | (0.92%) | 17% | $776,370 |
(2.32) | $31.64 | 29.58% | 1.78% | 1.78% | (0.88%) | 18% | $938,644 |
(1.82) | $26.34 | 16.77% | 1.80% | 1.80% (e) | (0.46%) | 16% | $756,709 |
(0.56) | $17.22 | 12.37% | 0.83% (d) | 0.83% (d),(e) | 0.24% (d) | 35% | $38,766 |
(5.98) | $15.83 | 10.32% | 0.89% (f) | 0.89% (f) | — | 85% | $33,378 |
(12.28) | $19.84 | (1.75%) | 0.89% | 0.89% | (0.23%) | 21% | $50,335 |
(5.61) | $32.51 | 0.81% | 0.84% | 0.84% | 0.05% | 17% | $250,457 |
(2.37) | $37.88 | 30.85% | 0.80% | 0.80% | 0.16% | 18% | $74,188 |
(1.58) | $30.90 | 6.31% | 0.87% (d) | 0.86% (d),(e) | 1.24% (d) | 16% | $17 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 99 |
Table of Contents
Columbia Acorn® Fund
Year ended (except as noted) | Net asset value, beginning of period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net investment income | Distributions from net realized gains |
Class R5 | ||||||
6/30/2017 (b) | $15.94 | 0.02 | 1.94 | 1.96 | — | (0.56) |
12/31/2016 | $19.92 | 0.01 | 1.99 | 2.00 | — | (5.98) |
12/31/2015 | $32.55 | (0.04) | (0.31) (g) | (0.35) | — | (12.28) |
12/31/2014 | $37.89 | 0.04 | 0.23 | 0.27 | — | (5.61) |
12/31/2013 | $30.88 | 0.07 | 9.30 | 9.37 | (0.04) | (2.32) |
12/31/2012 (i) | $30.59 | 0.06 | 1.83 | 1.89 | (0.14) | (1.46) |
Class Y | ||||||
6/30/2017 (b) | $16.04 | 0.02 | 1.95 | 1.97 | — | (0.56) |
12/31/2016 | $20.00 | 0.02 | 2.00 | 2.02 | — | (5.98) |
12/31/2015 | $32.61 | (0.02) | (0.31) (g) | (0.33) | — | (12.28) |
12/31/2014 | $37.93 | 0.05 | 0.24 | 0.29 | — | (5.61) |
12/31/2013 | $30.90 | 0.09 | 9.31 | 9.40 | (0.05) | (2.32) |
12/31/2012 (j) | $30.62 | 0.09 | 1.80 | 1.89 | (0.15) | (1.46) |
Class Z | ||||||
6/30/2017 (b) | $15.29 | 0.02 | 1.86 | 1.88 | — | (0.56) |
12/31/2016 | $19.34 | 0.01 | 1.92 | 1.93 | — | (5.98) |
12/31/2015 | $31.95 | (0.04) | (0.29) (g) | (0.33) | — | (12.28) |
12/31/2014 | $37.32 | 0.02 | 0.22 | 0.24 | — | (5.61) |
12/31/2013 | $30.45 | 0.04 | 9.19 | 9.23 | (0.04) | (2.32) |
12/31/2012 | $27.56 | 0.17 | 4.69 | 4.86 | (0.15) | (1.82) |
Notes to Financial Highlights | |
(a) | In addition to the fees and expenses that the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of any other funds in which it invests, if any. Such indirect expenses are not included in the Fund’s reported expense ratios. |
(b) | For the six months ended June 30, 2017 (unaudited). |
(c) | Rounds to zero. |
(d) | Annualized. |
(e) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(f) | Ratios include line of credit interest expense which is less than 0.01%. |
(g) | Calculation of the net gain (loss) per share (both realized and unrealized) does not correlate to the aggregate realized and unrealized gain (loss) presented in the Statement of Operations due to the timing of subscriptions and redemptions of Fund shares in relation to fluctuations in the market value of the portfolio. |
(h) | Class R4 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(i) | Class R5 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(j) | Class Y shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
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Total distributions to shareholders | Net asset value, end of period | Total return | Total gross expense ratio to average net assets(a) | Total net expense ratio to average net assets(a) | Net investment income (loss) ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
(0.56) | $17.34 | 12.34% | 0.81% (d) | 0.81% (d) | 0.25% (d) | 35% | $50,098 |
(5.98) | $15.94 | 10.43% | 0.81% (f) | 0.81% (f) | 0.08% | 85% | $45,475 |
(12.28) | $19.92 | (1.60%) | 0.77% | 0.77% | (0.11%) | 21% | $76,412 |
(5.61) | $32.55 | 0.89% | 0.76% | 0.76% | 0.10% | 17% | $458,223 |
(2.36) | $37.89 | 30.94% | 0.75% | 0.75% | 0.20% | 18% | $496,906 |
(1.60) | $30.88 | 6.33% | 0.82% (d) | 0.81% (d),(e) | 1.29% (d) | 16% | $3 |
(0.56) | $17.45 | 12.33% | 0.76% (d) | 0.76% (d) | 0.26% (d) | 35% | $46,066 |
(5.98) | $16.04 | 10.50% | 0.76% (f) | 0.76% (f) | 0.12% | 85% | $79,518 |
(12.28) | $20.00 | (1.54%) | 0.73% | 0.73% | (0.06%) | 21% | $130,546 |
(5.61) | $32.61 | 0.94% | 0.70% | 0.70% | 0.13% | 17% | $378,780 |
(2.37) | $37.93 | 30.99% | 0.70% | 0.70% | 0.26% | 18% | $1,227,891 |
(1.61) | $30.90 | 6.34% | 0.75% (d) | 0.75% (d),(e) | 2.21% (d) | 16% | $67,012 |
(0.56) | $16.61 | 12.35% | 0.83% (d) | 0.83% (d),(e) | 0.23% (d) | 35% | $3,457,794 |
(5.98) | $15.29 | 10.39% | 0.82% (f) | 0.82% (f) | 0.07% | 85% | $3,425,935 |
(12.28) | $19.34 | (1.57%) | 0.80% | 0.80% | (0.11%) | 21% | $5,062,313 |
(5.61) | $31.95 | 0.82% | 0.79% | 0.79% | 0.07% | 17% | $11,340,770 |
(2.36) | $37.32 | 30.90% | 0.78% | 0.78% | 0.12% | 18% | $14,703,948 |
(1.97) | $30.45 | 17.93% | 0.78% | 0.78% (e) | 0.57% | 16% | $13,374,355 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 101 |
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Columbia Acorn International®
Year ended (except as noted) | Net asset value, beginning of period | Net investment income | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net investment income | Distributions from net realized gains |
Class A | ||||||
6/30/2017 (b) | $37.71 | 0.20 | 6.75 | 6.95 | (0.38) | — |
12/31/2016 | $39.08 | 0.35 | (1.31) | (0.96) | (0.15) | (0.26) |
12/31/2015 | $41.68 | 0.39 | (1.02) | (0.63) | (0.40) | (1.57) |
12/31/2014 | $46.63 | 0.42 | (2.51) | (2.09) | (0.55) | (2.31) |
12/31/2013 | $40.79 | 0.45 | 8.37 | 8.82 | (1.05) | (1.93) |
12/31/2012 | $34.15 | 0.47 | 6.75 | 7.22 | (0.58) | — |
Class B | ||||||
6/30/2017 (b) | $36.38 | 0.10 | 6.53 | 6.63 | (0.28) | — |
12/31/2016 | $37.80 | 0.07 | (1.23) | (1.16) | — | (0.26) |
12/31/2015 | $40.38 | 0.02 | (1.01) | (0.99) | (0.02) | (1.57) |
12/31/2014 | $45.24 | 0.07 | (2.42) | (2.35) | (0.20) | (2.31) |
12/31/2013 | $39.67 | 0.12 | 8.10 | 8.22 | (0.72) | (1.93) |
12/31/2012 | $33.17 | 0.19 | 6.55 | 6.74 | (0.24) | — |
Class C | ||||||
6/30/2017 (b) | $36.18 | 0.06 | 6.46 | 6.52 | (0.26) | — |
12/31/2016 | $37.65 | 0.05 | (1.26) | (1.21) | — | (0.26) |
12/31/2015 | $40.20 | 0.07 | (0.97) | (0.90) | (0.08) | (1.57) |
12/31/2014 | $45.04 | 0.07 | (2.40) | (2.33) | (0.20) | (2.31) |
12/31/2013 | $39.50 | 0.10 | 8.08 | 8.18 | (0.71) | (1.93) |
12/31/2012 | $33.03 | 0.18 | 6.52 | 6.70 | (0.23) | — |
Class R | ||||||
6/30/2017 (b) | $37.71 | 0.27 | 6.63 | 6.90 | (0.38) | — |
12/31/2016 | $39.07 | 0.21 | (1.30) | (1.09) | (0.01) | (0.26) |
12/31/2015 | $41.67 | 0.23 | (1.02) | (0.79) | (0.24) | (1.57) |
12/31/2014 | $46.60 | 0.24 | (2.50) | (2.26) | (0.36) | (2.31) |
12/31/2013 | $40.79 | 0.26 | 8.36 | 8.62 | (0.88) | (1.93) |
12/31/2012 | $34.11 | 0.21 | 6.89 | 7.10 | (0.42) | — |
Class R4 | ||||||
6/30/2017 (b) | $38.03 | 0.26 | 6.80 | 7.06 | (0.38) | — |
12/31/2016 | $39.41 | 0.48 | (1.38) | (0.90) | (0.22) | (0.26) |
12/31/2015 | $42.02 | 0.47 | (1.03) | (0.56) | (0.48) | (1.57) |
12/31/2014 | $46.99 | 0.50 | (2.52) | (2.02) | (0.64) | (2.31) |
12/31/2013 | $41.08 | 0.34 | 8.67 | 9.01 | (1.17) | (1.93) |
12/31/2012 (h) | $39.86 | (0.00) (f) | 1.81 | 1.81 | (0.59) | — |
Class R5 | ||||||
6/30/2017 (b) | $37.72 | 0.29 | 6.72 | 7.01 | (0.38) | — |
12/31/2016 | $39.10 | 0.44 | (1.30) | (0.86) | (0.26) | (0.26) |
12/31/2015 | $41.71 | 0.54 | (1.05) | (0.51) | (0.53) | (1.57) |
12/31/2014 | $46.66 | 0.57 | (2.51) | (1.94) | (0.70) | (2.31) |
12/31/2013 | $40.81 | 0.63 | 8.34 | 8.97 | (1.19) | (1.93) |
12/31/2012 | $34.31 | 0.75 | 6.62 | 7.37 | (0.87) | — |
102 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Total distributions to shareholders | Proceeds from regulatory settlements | Net asset value, end of period | Total return | Total gross expense ratio to average net assets(a) | Total net expense ratio to average net assets(a) | Net investment income (loss) ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
(0.38) | — | $44.28 | 18.43% (c) | 1.21% (d) | 1.17% (d),(e) | 0.95% (d) | 22% | $494,953 |
(0.41) | — | $37.71 | (2.51%) (c) | 1.27% | 1.23% | 0.90% | 46% | $576,235 |
(1.97) | — | $39.08 | (1.59%) (c) | 1.28% | 1.24% | 0.93% | 50% | $812,479 |
(2.86) | — | $41.68 | (4.58%) (c) | 1.26% | 1.22% | 0.91% | 28% | $946,553 |
(2.98) | — | $46.63 | 22.00% (c) | 1.27% | 1.23% | 1.02% | 45% | $1,089,263 |
(0.58) | 0.00 (f) | $40.79 | 21.21% (c) | 1.28% | 1.24% (g) | 1.22% | 33% | $1,007,236 |
(0.28) | — | $42.73 | 18.21% (c) | 1.71% (d) | 1.62% (d),(e) | 0.49% (d) | 22% | $268 |
(0.26) | — | $36.38 | (3.11%) (c) | 2.22% | 1.91% | 0.18% | 46% | $487 |
(1.59) | — | $37.80 | (2.53%) (c) | 2.17% | 2.14% | 0.05% | 50% | $1,628 |
(2.51) | — | $40.38 | (5.29%) (c) | 2.00% | 1.97% | 0.16% | 28% | $6,516 |
(2.65) | — | $45.24 | 21.08% (c) | 2.00% | 1.97% | 0.27% | 45% | $13,218 |
(0.24) | 0.00 (f) | $39.67 | 20.33% (c) | 2.00% | 1.97% (g) | 0.51% | 33% | $17,910 |
(0.26) | — | $42.44 | 18.01% (c) | 1.96% (d) | 1.94% (d),(e) | 0.30% (d) | 22% | $63,191 |
(0.26) | — | $36.18 | (3.26%) (c) | 2.01% | 1.99% | 0.13% | 46% | $64,548 |
(1.65) | — | $37.65 | (2.33%) (c) | 2.01% | 1.99% | 0.18% | 50% | $88,606 |
(2.51) | — | $40.20 | (5.27%) (c) | 1.99% | 1.97% | 0.16% | 28% | $103,691 |
(2.64) | — | $45.04 | 21.07% (c) | 2.01% | 1.99% | 0.23% | 45% | $110,875 |
(0.23) | 0.00 (f) | $39.50 | 20.31% (c) | 2.02% | 2.00% (g) | 0.48% | 33% | $92,748 |
(0.38) | — | $44.23 | 18.30% | 1.46% (d) | 1.46% (d),(e) | 1.30% (d) | 22% | $12,005 |
(0.27) | — | $37.71 | (2.82%) | 1.55% | 1.55% | 0.55% | 46% | $4,637 |
(1.81) | — | $39.07 | (1.98%) | 1.62% | 1.62% | 0.54% | 50% | $4,945 |
(2.67) | — | $41.67 | (4.95%) | 1.63% | 1.63% | 0.52% | 28% | $5,560 |
(2.81) | — | $46.60 | 21.50% | 1.63% | 1.63% | 0.58% | 45% | $5,822 |
(0.42) | 0.00 (f) | $40.79 | 20.83% | 1.52% | 1.51% (g) | 0.54% | 33% | $2,799 |
(0.38) | — | $44.71 | 18.56% | 0.96% (d) | 0.96% (d),(e) | 1.25% (d) | 22% | $101,844 |
(0.48) | — | $38.03 | (2.32%) | 1.05% | 1.05% | 1.22% | 46% | $101,988 |
(2.05) | — | $39.41 | (1.41%) | 1.06% | 1.06% | 1.10% | 50% | $486,763 |
(2.95) | — | $42.02 | (4.39%) | 1.04% | 1.04% | 1.07% | 28% | $424,425 |
(3.10) | — | $46.99 | 22.32% | 1.03% | 1.03% | 0.73% | 45% | $355,616 |
(0.59) | — | $41.08 | 4.57% | 1.03% (d) | 1.02% (d),(g) | (0.02%) (d) | 33% | $15 |
(0.38) | — | $44.35 | 18.58% | 0.93% (d) | 0.93% (d) | 1.40% (d) | 22% | $399,347 |
(0.52) | — | $37.72 | (2.23%) | 0.93% | 0.93% | 1.15% | 46% | $286,786 |
(2.10) | — | $39.10 | (1.29%) | 0.92% | 0.92% | 1.26% | 50% | $320,252 |
(3.01) | — | $41.71 | (4.25%) | 0.90% | 0.90% | 1.23% | 28% | $397,882 |
(3.12) | — | $46.66 | 22.38% | 0.91% | 0.91% | 1.40% | 45% | $274,415 |
(0.87) | 0.00 (f) | $40.81 | 21.61% | 0.89% | 0.89% (g) | 1.99% | 33% | $242 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 103 |
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Columbia Acorn International®
Year ended (except as noted) | Net asset value, beginning of period | Net investment income | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net investment income | Distributions from net realized gains |
Class Y | ||||||
6/30/2017 (b) | $38.02 | 0.32 | 6.76 | 7.08 | (0.38) | — |
12/31/2016 | $39.41 | 0.47 | (1.32) | (0.85) | (0.28) | (0.26) |
12/31/2015 | $42.02 | 0.53 | (1.01) | (0.48) | (0.56) | (1.57) |
12/31/2014 | $46.99 | 0.58 | (2.52) | (1.94) | (0.72) | (2.31) |
12/31/2013 | $41.08 | 0.57 | 8.48 | 9.05 | (1.21) | (1.93) |
12/31/2012 (i) | $39.90 | 0.04 | 1.78 | 1.82 | (0.64) | — |
Class Z | ||||||
6/30/2017 (b) | $37.74 | 0.27 | 6.74 | 7.01 | (0.38) | — |
12/31/2016 | $39.12 | 0.44 | (1.32) | (0.88) | (0.24) | (0.26) |
12/31/2015 | $41.73 | 0.51 | (1.03) | (0.52) | (0.52) | (1.57) |
12/31/2014 | $46.68 | 0.56 | (2.51) | (1.95) | (0.69) | (2.31) |
12/31/2013 | $40.84 | 0.58 | 8.38 | 8.96 | (1.19) | (1.93) |
12/31/2012 | $34.31 | 0.59 | 6.78 | 7.37 | (0.84) | — |
Notes to Financial Highlights | |
(a) | In addition to the fees and expenses that the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of any other funds in which it invests, if any. Such indirect expenses are not included in the Fund’s reported expense ratios. |
(b) | For the six months ended June 30, 2017 (unaudited). |
(c) | Had the Investment Manager and/or Transfer Agent not waived fees and/or reimbursed a portion of expenses, total return would have been reduced. |
(d) | Annualized. |
(e) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(f) | Rounds to zero. |
(g) | The benefits derived from custody fees paid indirectly had an impact of 0.01%. |
(h) | Class R4 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(i) | Class Y shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
104 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Total distributions to shareholders | Proceeds from regulatory settlements | Net asset value, end of period | Total return | Total gross expense ratio to average net assets(a) | Total net expense ratio to average net assets(a) | Net investment income (loss) ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
(0.38) | — | $44.72 | 18.62% | 0.88% (d) | 0.88% (d) | 1.52% (d) | 22% | $253,697 |
(0.54) | — | $38.02 | (2.19%) | 0.88% | 0.88% | 1.20% | 46% | $239,733 |
(2.13) | — | $39.41 | (1.23%) | 0.88% | 0.88% | 1.26% | 50% | $318,326 |
(3.03) | — | $42.02 | (4.21%) | 0.85% | 0.85% | 1.25% | 28% | $225,012 |
(3.14) | — | $46.99 | 22.44% | 0.86% | 0.86% | 1.26% | 45% | $155,140 |
(0.64) | — | $41.08 | 4.59% | 0.91% (d) | 0.90% (d) | 0.75% (d) | 33% | $30,856 |
(0.38) | — | $44.37 | 18.57% | 0.96% (d) | 0.96% (d),(e) | 1.29% (d) | 22% | $3,671,795 |
(0.50) | — | $37.74 | (2.28%) | 0.98% | 0.98% | 1.13% | 46% | $3,356,348 |
(2.09) | — | $39.12 | (1.33%) | 0.97% | 0.97% | 1.21% | 50% | $4,645,797 |
(3.00) | — | $41.73 | (4.28%) | 0.93% | 0.93% | 1.20% | 28% | $5,585,035 |
(3.12) | — | $46.68 | 22.33% | 0.93% | 0.93% | 1.30% | 45% | $6,293,552 |
(0.84) | 0.00 (f) | $40.84 | 21.60% | 0.93% | 0.93% (g) | 1.53% | 33% | $5,494,506 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 105 |
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Columbia Acorn USA®
Year ended (except as noted) | Net asset value, beginning of period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net investment income | Distributions from net realized gains |
Class A | ||||||
6/30/2017 (b) | $14.95 | (0.03) | 1.71 | 1.68 | — | (0.56) |
12/31/2016 | $20.25 | (0.11) | 2.43 | 2.32 | — | (7.62) |
12/31/2015 | $29.13 | (0.18) | (0.18) (e) | (0.36) | — | (8.52) |
12/31/2014 | $34.15 | (0.20) | 1.22 | 1.02 | — | (6.04) |
12/31/2013 | $28.21 | (0.15) | 9.09 | 8.94 | — | (3.00) |
12/31/2012 | $25.94 | 0.02 | 4.73 | 4.75 | (0.11) | (2.37) |
Class C | ||||||
6/30/2017 (b) | $10.05 | (0.06) | 1.15 | 1.09 | — | (0.56) |
12/31/2016 | $16.00 | (0.18) | 1.85 | 1.67 | — | (7.62) |
12/31/2015 | $24.98 | (0.33) | (0.13) (e) | (0.46) | — | (8.52) |
12/31/2014 | $30.33 | (0.37) | 1.06 | 0.69 | — | (6.04) |
12/31/2013 | $25.49 | (0.33) | 8.17 | 7.84 | — | (3.00) |
12/31/2012 | $23.72 | (0.16) | 4.30 | 4.14 | — | (2.37) |
Class R4 | ||||||
6/30/2017 (b) | $17.93 | (0.01) | 2.06 | 2.05 | — | (0.56) |
12/31/2016 | $22.85 | (0.07) | 2.77 | 2.70 | — | (7.62) |
12/31/2015 | $31.70 | (0.13) | (0.20) (e) | (0.33) | — | (8.52) |
12/31/2014 | $36.55 | (0.11) | 1.30 | 1.19 | — | (6.04) |
12/31/2013 | $29.92 | 0.00 (h) | 9.63 | 9.63 | — | (3.00) |
12/31/2012 (i) | $30.06 | 0.06 | 2.28 | 2.34 | (0.16) | (2.32) |
Class R5 | ||||||
6/30/2017 (b) | $18.02 | (0.01) | 2.07 | 2.06 | — | (0.56) |
12/31/2016 | $22.90 | (0.06) | 2.80 | 2.74 | — | (7.62) |
12/31/2015 | $31.71 | (0.10) | (0.19) (e) | (0.29) | — | (8.52) |
12/31/2014 | $36.53 | (0.06) | 1.28 | 1.22 | — | (6.04) |
12/31/2013 | $29.90 | 0.02 | 9.61 | 9.63 | — | (3.00) |
12/31/2012 (j) | $30.06 | 0.07 | 2.27 | 2.34 | (0.18) | (2.32) |
Class Y | ||||||
6/30/2017 (b) | $18.14 | (0.00) | 2.08 | 2.08 | — | (0.56) |
12/31/2016 | $22.99 | (0.04) | 2.81 | 2.77 | — | (7.62) |
12/31/2015 | $31.80 | (0.08) | (0.21) (e) | (0.29) | — | (8.52) |
12/31/2014 | $36.59 | (0.07) | 1.32 | 1.25 | — | (6.04) |
12/31/2013 | $29.93 | 0.02 | 9.64 | 9.66 | — | (3.00) |
12/31/2012 (k) | $30.10 | 0.07 | 2.27 | 2.34 | (0.19) | (2.32) |
106 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Total distributions to shareholders | Net asset value, end of period | Total return | Total gross expense ratio to average net assets(a) | Total net expense ratio to average net assets(a) | Net investment income (loss) ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
(0.56) | $16.07 | 11.27% | 1.39% (c) | 1.39% (c),(d) | (0.43%) (c) | 41% | $57,545 |
(7.62) | $14.95 | 12.70% | 1.41% | 1.41% | (0.58%) | 98% | $80,721 |
(8.52) | $20.25 | (1.60%) | 1.34% | 1.34% | (0.63%) | 35% | $95,048 |
(6.04) | $29.13 | 3.35% | 1.33% | 1.33% | (0.60%) | 12% | $148,089 |
(3.00) | $34.15 | 32.34% | 1.32% | 1.32% | (0.46%) | 17% | $201,559 |
(2.48) | $28.21 | 18.67% | 1.32% (f) | 1.32% (f),(g) | 0.08% | 14% | $152,164 |
(0.56) | $10.58 | 10.89% | 2.14% (c) | 2.14% (c),(d) | (1.17%) (c) | 41% | $11,217 |
(7.62) | $10.05 | 11.92% | 2.13% | 2.13% | (1.31%) | 98% | $12,088 |
(8.52) | $16.00 | (2.28%) | 2.02% | 2.02% | (1.32%) | 35% | $17,255 |
(6.04) | $24.98 | 2.67% | 2.00% | 2.00% | (1.26%) | 12% | $36,476 |
(3.00) | $30.33 | 31.47% | 2.00% | 2.00% | (1.14%) | 17% | $40,395 |
(2.37) | $25.49 | 17.82% | 2.05% (f) | 2.05% (f),(g) | (0.61%) | 14% | $31,410 |
(0.56) | $19.42 | 11.46% | 1.16% (c) | 1.16% (c),(d) | (0.13%) (c) | 41% | $15,425 |
(7.62) | $17.93 | 12.93% | 1.18% | 1.18% | (0.35%) | 98% | $6,172 |
(8.52) | $22.85 | (1.36%) | 1.12% | 1.12% | (0.40%) | 35% | $8,224 |
(6.04) | $31.70 | 3.60% | 1.07% | 1.07% | (0.32%) | 12% | $7,952 |
(3.00) | $36.55 | 32.80% | 1.00% | 1.00% | 0.01% | 17% | $6,441 |
(2.48) | $29.92 | 8.06% | 1.14% (c),(f) | 1.14% (c),(f),(g) | 1.51% (c) | 14% | $15 |
(0.56) | $19.52 | 11.46% | 1.05% (c) | 1.05% (c) | (0.11%) (c) | 41% | $2,798 |
(7.62) | $18.02 | 13.09% | 1.07% | 1.07% | (0.27%) | 98% | $13,764 |
(8.52) | $22.90 | (1.23%) | 1.01% | 1.01% | (0.30%) | 35% | $27,112 |
(6.04) | $31.71 | 3.68% | 0.99% | 0.99% | (0.17%) | 12% | $36,689 |
(3.00) | $36.53 | 32.83% | 0.97% | 0.97% | 0.06% | 17% | $6,068 |
(2.50) | $29.90 | 8.06% | 1.12% (c) | 1.12% (c),(g) | 1.53% (c) | 14% | $2 |
(0.56) | $19.66 | 11.49% | 1.01% (c) | 1.01% (c) | (0.03%) (c) | 41% | $43,727 |
(7.62) | $18.14 | 13.18% | 1.01% | 1.01% | (0.18%) | 98% | $38,136 |
(8.52) | $22.99 | (1.23%) | 0.97% | 0.97% | (0.25%) | 35% | $41,658 |
(6.04) | $31.80 | 3.76% | 0.93% | 0.93% | (0.19%) | 12% | $35,551 |
(3.00) | $36.59 | 32.89% | 0.93% | 0.93% | 0.07% | 17% | $48,479 |
(2.51) | $29.93 | 8.07% | 1.04% (c) | 1.04% (c),(g) | 1.62% (c) | 14% | $2 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 107 |
Table of Contents
Columbia Acorn USA®
Year ended (except as noted) | Net asset value, beginning of period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net investment income | Distributions from net realized gains |
Class Z | ||||||
6/30/2017 (b) | $17.20 | (0.02) | 1.98 | 1.96 | — | (0.56) |
12/31/2016 | $22.19 | (0.07) | 2.70 | 2.63 | — | (7.62) |
12/31/2015 | $31.03 | (0.12) | (0.20) (e) | (0.32) | — | (8.52) |
12/31/2014 | $35.90 | (0.12) | 1.29 | 1.17 | — | (6.04) |
12/31/2013 | $29.45 | (0.07) | 9.52 | 9.45 | — | (3.00) |
12/31/2012 | $26.98 | 0.11 | 4.92 | 5.03 | (0.19) | (2.37) |
Notes to Financial Highlights | |
(a) | In addition to the fees and expenses that the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of any other funds in which it invests. Such indirect expenses are not included in the Fund’s reported expense ratios. |
(b) | For the six months ended June 30, 2017 (unaudited). |
(c) | Annualized. |
(d) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(e) | Calculation of the net gain (loss) per share (both realized and unrealized) does not correlate to the aggregate realized and unrealized gain (loss) presented in the Statement of Operations due to the timing of subscriptions and redemptions of Fund shares in relation to fluctuations in the market value of the portfolio. |
(f) | Ratios include line of credit interest expense which is less than 0.01%. |
(g) | The benefits derived from custody fees paid indirectly had an impact of less than 0.01%. |
(h) | Rounds to zero. |
(i) | Class R4 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(j) | Class R5 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(k) | Class Y shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
108 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Total distributions to shareholders | Net asset value, end of period | Total return | Total gross expense ratio to average net assets(a) | Total net expense ratio to average net assets(a) | Net investment income (loss) ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
(0.56) | $18.60 | 11.42% | 1.15% (c) | 1.15% (c),(d) | (0.17%) (c) | 41% | $505,843 |
(7.62) | $17.20 | 13.00% | 1.16% | 1.16% | (0.34%) | 98% | $492,739 |
(8.52) | $22.19 | (1.36%) | 1.10% | 1.10% | (0.40%) | 35% | $768,658 |
(6.04) | $31.03 | 3.61% | 1.08% | 1.08% | (0.34%) | 12% | $1,132,223 |
(3.00) | $35.90 | 32.72% | 1.06% | 1.06% | (0.20%) | 17% | $1,496,775 |
(2.56) | $29.45 | 18.98% | 1.07% (f) | 1.07% (f),(g) | 0.36% | 14% | $1,415,442 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 109 |
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Columbia Acorn International SelectSM
Year ended (except as noted) | Net asset value, beginning of period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net investment income | Distributions from net realized gains | Tax return of capital |
Class A | |||||||
6/30/2017 (b) | $21.36 | 0.05 | 4.25 | 4.30 | — | — | — |
12/31/2016 | $21.33 | 0.10 | 0.09 (e) | 0.19 | (0.14) | — | (0.02) |
12/31/2015 | $22.04 | 0.17 | (0.45) | (0.28) | (0.42) | — | (0.01) |
12/31/2014 | $26.91 | 0.29 | (2.17) | (1.88) | (0.10) | (2.89) | — |
12/31/2013 | $25.61 | 0.29 | 3.29 | 3.58 | (0.37) | (1.91) | — |
12/31/2012 | $24.26 | 0.39 | 4.92 | 5.31 | (1.75) | (2.21) | — |
Class C | |||||||
6/30/2017 (b) | $19.99 | (0.03) | 3.97 | 3.94 | — | — | — |
12/31/2016 | $19.96 | (0.06) | 0.09 (e) | 0.03 | — | — | — |
12/31/2015 | $20.54 | (0.01) | (0.41) | (0.42) | (0.15) | — | (0.01) |
12/31/2014 | $25.39 | 0.07 | (2.03) | (1.96) | — | (2.89) | — |
12/31/2013 | $24.28 | 0.08 | 3.10 | 3.18 | (0.16) | (1.91) | — |
12/31/2012 | $23.17 | 0.18 | 4.67 | 4.85 | (1.53) | (2.21) | — |
Class R4 | |||||||
6/30/2017 (b) | $21.77 | 0.09 | 4.33 | 4.42 | — | — | — |
12/31/2016 | $21.74 | 0.17 | 0.08 (e) | 0.25 | (0.20) | — | (0.02) |
12/31/2015 | $22.45 | 0.22 | (0.44) | (0.22) | (0.48) | — | (0.01) |
12/31/2014 | $27.36 | 0.37 | (2.22) | (1.85) | (0.17) | (2.89) | — |
12/31/2013 | $25.99 | 0.29 | 3.42 | 3.71 | (0.43) | (1.91) | — |
12/31/2012 (l) | $29.98 | (0.02) | (0.09) (e) | (0.11) | (1.79) | (2.09) | — |
Class R5 | |||||||
6/30/2017 (b) | $21.76 | 0.10 | 4.33 | 4.43 | — | — | — |
12/31/2016 | $21.72 | 0.16 | 0.11 (e) | 0.27 | (0.21) | — | (0.02) |
12/31/2015 | $22.43 | 0.22 | (0.42) | (0.20) | (0.50) | — | (0.01) |
12/31/2014 | $27.34 | 0.36 | (2.19) | (1.83) | (0.19) | (2.89) | — |
12/31/2013 | $25.98 | 0.38 | 3.35 | 3.73 | (0.46) | (1.91) | — |
12/31/2012 (m) | $29.98 | (0.02) | (0.09) (e) | (0.11) | (1.80) | (2.09) | — |
Class Y | |||||||
6/30/2017 (b) | $21.74 | 0.09 | 4.34 | 4.43 | — | — | — |
12/31/2016 | $21.71 | 0.16 | 0.12 (e) | 0.28 | (0.23) | — | (0.02) |
12/31/2015 | $22.42 | 0.28 | (0.47) | (0.19) | (0.51) | — | (0.01) |
12/31/2014 | $27.33 | 0.40 | (2.21) | (1.81) | (0.21) | (2.89) | — |
12/31/2013 | $25.98 | 0.11 | 3.62 | 3.73 | (0.47) | (1.91) | — |
12/31/2012 (n) | $29.99 | (0.02) | (0.09) (e) | (0.11) | (1.81) | (2.09) | — |
110 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Total distributions to shareholders | Proceeds from regulatory settlements | Net asset value, end of period | Total return | Total gross expense ratio to average net assets(a) | Total net expense ratio to average net assets(a) | Net investment income (loss) ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
— | — | $25.66 | 20.13% | 1.52% (c) | 1.39% (c),(d) | 0.44% (c) | 28% | $20,892 |
(0.16) | — | $21.36 | 0.90% (f) | 1.55% (g) | 1.48% (g) | 0.49% | 49% | $20,165 |
(0.43) | 0.00 (h) | $21.33 | (1.30%) (i) | 1.55% | 1.55% | 0.74% | 59% | $33,772 |
(2.99) | — | $22.04 | (7.06%) | 1.47% | 1.47% | 1.05% | 58% | $53,419 |
(2.28) | — | $26.91 | 14.42% | 1.47% | 1.47% | 1.08% | 72% | $73,911 |
(3.96) | — | $25.61 | 22.05% | 1.49% (j) | 1.49% (j),(k) | 1.43% | 63% | $74,167 |
— | — | $23.93 | 19.71% | 2.27% (c) | 2.14% (c),(d) | (0.28%) (c) | 28% | $4,628 |
— | — | $19.99 | 0.15% (f) | 2.31% (g) | 2.23% (g) | (0.29%) | 49% | $4,346 |
(0.16) | 0.00 (h) | $19.96 | (2.05%) (i) | 2.32% | 2.32% | (0.06%) | 59% | $5,390 |
(2.89) | — | $20.54 | (7.80%) | 2.23% | 2.23% | 0.29% | 58% | $8,057 |
(2.07) | — | $25.39 | 13.52% | 2.26% | 2.26% | 0.32% | 72% | $10,311 |
(3.74) | — | $24.28 | 21.10% | 2.28% (j) | 2.27% (j),(k) | 0.67% | 63% | $9,786 |
— | — | $26.19 | 20.30% | 1.27% (c) | 1.14% (c),(d) | 0.72% (c) | 28% | $1,357 |
(0.22) | — | $21.77 | 1.15% (f) | 1.29% (g) | 1.21% (g) | 0.77% | 49% | $1,106 |
(0.49) | 0.00 (h) | $21.74 | (1.00%) (i) | 1.27% | 1.27% | 0.97% | 59% | $898 |
(3.06) | — | $22.45 | (6.83%) | 1.21% | 1.21% | 1.33% | 58% | $974 |
(2.34) | — | $27.36 | 14.72% | 1.24% | 1.24% | 1.06% | 72% | $417 |
(3.88) | — | $25.99 | (0.27%) | 1.30% (c),(j) | 1.30% (c),(j),(k) | (0.55%) (c) | 63% | $13 |
— | — | $26.19 | 20.36% | 1.20% (c) | 1.07% (c) | 0.80% (c) | 28% | $495 |
(0.23) | — | $21.76 | 1.25% (f) | 1.23% (g) | 1.19% (g) | 0.76% | 49% | $440 |
(0.51) | 0.00 (h) | $21.72 | (0.94%) (i) | 1.21% | 1.21% | 0.96% | 59% | $2,268 |
(3.08) | — | $22.43 | (6.77%) | 1.15% | 1.15% | 1.30% | 58% | $2,593 |
(2.37) | — | $27.34 | 14.80% (f) | 1.15% | 1.15% | 1.40% | 72% | $956 |
(3.89) | — | $25.98 | (0.27%) | 1.29% (c) | 1.28% (c),(k) | (0.55%) (c) | 63% | $2 |
— | — | $26.17 | 20.38% | 1.15% (c) | 1.02% (c) | 0.75% (c) | 28% | $284 |
(0.25) | — | $21.74 | 1.29% (f) | 1.12% (g) | 1.04% (g) | 0.74% | 49% | $322 |
(0.52) | 0.00 (h) | $21.71 | (0.89%) (i) | 1.14% | 1.14% | 1.21% | 59% | $660 |
(3.10) | — | $22.42 | (6.71%) | 1.09% | 1.09% | 1.43% | 58% | $11,755 |
(2.38) | — | $27.33 | 14.82% | 1.09% | 1.09% | 0.40% | 72% | $13,318 |
(3.90) | — | $25.98 | (0.25%) | 1.21% (c) | 1.20% (c),(k) | (0.48%) (c) | 63% | $2 |
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Columbia Acorn International SelectSM
Year ended (except as noted) | Net asset value, beginning of period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net investment income | Distributions from net realized gains | Tax return of capital |
Class Z | |||||||
6/30/2017 (b) | $21.61 | 0.09 | 4.30 | 4.39 | — | — | — |
12/31/2016 | $21.58 | 0.16 | 0.09 (e) | 0.25 | (0.20) | — | (0.02) |
12/31/2015 | $22.30 | 0.24 | (0.46) | (0.22) | (0.49) | — | (0.01) |
12/31/2014 | $27.20 | 0.38 | (2.21) | (1.83) | (0.18) | (2.89) | — |
12/31/2013 | $25.86 | 0.37 | 3.33 | 3.70 | (0.45) | (1.91) | — |
12/31/2012 | $24.46 | 0.49 | 4.95 | 5.44 | (1.83) | (2.21) | — |
Notes to Financial Highlights | |
(a) | In addition to the fees and expenses that the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of any other funds in which it invests, if any. Such indirect expenses are not included in the Fund’s reported expense ratios. |
(b) | For the six months ended June 30, 2017 (unaudited). |
(c) | Annualized. |
(d) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(e) | Calculation of the net gain (loss) per share (both realized and unrealized) does not correlate to the aggregate realized and unrealized gain (loss) presented in the Statement of Operations due to the timing of subscriptions and redemptions of Fund shares in relation to fluctuations in the market value of the portfolio. |
(f) | Had the Investment Manager and/or Transfer Agent not waived fees and/or reimbursed a portion of expenses, total return would have been reduced. |
(g) | Expenses have been reduced due to a reimbursement of expenses overbilled by a third party. If the reimbursement had been excluded, the expense ratios would have been higher by the percentages shown for each class in the table below. All fee waivers and expense reimbursements by the Investment Manager and its affiliates were applied before giving effect to this third party reimbursement. |
Class A | Class C | Class R4 | Class R5 | Class Y | Class Z | |
12/31/2016 | 0.06 % | 0.06 % | 0.06 % | 0.04 % | 0.09 % | 0.06 % |
(h) | Rounds to zero. |
(i) | The Fund received proceeds from regulatory settlements. Had the Fund not received these proceeds, the total return would have been lower by 0.02%. |
(j) | Ratios include line of credit interest expense which is less than 0.01%. |
(k) | The benefits derived from custody fees paid indirectly had an impact of 0.01%. |
(l) | Class R4 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(m) | Class R5 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(n) | Class Y shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
112 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Total distributions to shareholders | Proceeds from regulatory settlements | Net asset value, end of period | Total return | Total gross expense ratio to average net assets(a) | Total net expense ratio to average net assets(a) | Net investment income (loss) ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
— | — | $26.00 | 20.31% | 1.27% (c) | 1.14% (c),(d) | 0.73% (c) | 28% | $88,026 |
(0.22) | — | $21.61 | 1.18% (f) | 1.26% (g) | 1.19% (g) | 0.74% | 49% | $73,631 |
(0.50) | 0.00 (h) | $21.58 | (1.03%) (i) | 1.24% | 1.24% | 1.05% | 59% | $96,311 |
(3.07) | — | $22.30 | (6.79%) | 1.17% | 1.17% | 1.36% | 58% | $175,764 |
(2.36) | — | $27.20 | 14.75% | 1.19% | 1.19% | 1.37% | 72% | $256,100 |
(4.04) | — | $25.86 | 22.42% | 1.20% (j) | 1.19% (j),(k) | 1.77% | 63% | $295,231 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 113 |
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Columbia Acorn SelectSM
Year ended (except as noted) | Net asset value, beginning of period | Net investment income (loss) | Net realized and unrealized gain | Total from investment operations | Distributions from net investment income | Distributions from net realized gains |
Class A | ||||||
6/30/2017 (b) | $13.13 | (0.01) | 1.52 | 1.51 | — | (1.17) |
12/31/2016 | $13.94 | (0.04) | 1.56 | 1.52 | — | (2.33) |
12/31/2015 | $21.03 | (0.09) | 0.14 | 0.05 | — | (7.14) |
12/31/2014 | $25.57 | (0.14) | 0.64 | 0.50 | — | (5.04) |
12/31/2013 | $24.72 | (0.15) | 7.92 | 7.77 | (0.07) | (6.85) |
12/31/2012 | $22.95 | 0.03 | 3.78 | 3.81 | — | (2.04) |
Class C | ||||||
6/30/2017 (b) | $9.22 | (0.04) | 1.06 | 1.02 | — | (1.17) |
12/31/2016 | $10.51 | (0.10) | 1.14 | 1.04 | — | (2.33) |
12/31/2015 | $17.69 | (0.19) | 0.15 | (0.04) | — | (7.14) |
12/31/2014 | $22.46 | (0.28) | 0.55 | 0.27 | — | (5.04) |
12/31/2013 | $22.48 | (0.32) | 7.15 | 6.83 | — | (6.85) |
12/31/2012 | $21.20 | (0.14) | 3.46 | 3.32 | — | (2.04) |
Class R4 | ||||||
6/30/2017 (b) | $15.13 | 0.01 | 1.75 | 1.76 | — | (1.17) |
12/31/2016 | $15.69 | (0.00) (h) | 1.77 | 1.77 | — | (2.33) |
12/31/2015 | $22.75 | (0.04) | 0.12 | 0.08 | — | (7.14) |
12/31/2014 | $27.20 | (0.10) | 0.69 | 0.59 | — | (5.04) |
12/31/2013 | $25.92 | (0.06) | 8.32 | 8.26 | (0.13) | (6.85) |
12/31/2012 (i) | $25.91 | 0.00 (h) | 1.52 | 1.52 | — | (1.51) |
Class R5 | ||||||
6/30/2017 (b) | $15.20 | 0.01 | 1.76 | 1.77 | — | (1.17) |
12/31/2016 | $15.74 | 0.01 | 1.78 | 1.79 | — | (2.33) |
12/31/2015 | $22.78 | (0.08) | 0.18 | 0.10 | — | (7.14) |
12/31/2014 | $27.20 | (0.07) | 0.69 | 0.62 | — | (5.04) |
12/31/2013 | $25.93 | (0.04) | 8.31 | 8.27 | (0.15) | (6.85) |
12/31/2012 (j) | $25.91 | 0.00 (h) | 1.53 | 1.53 | — | (1.51) |
Class Y | ||||||
6/30/2017 (b) | $15.31 | 0.02 | 1.77 | 1.79 | — | (1.17) |
12/31/2016 | $15.83 | 0.02 | 1.79 | 1.81 | — | (2.33) |
12/31/2015 | $22.86 | 0.00 (h) | 0.11 | 0.11 | — | (7.14) |
12/31/2014 | $27.27 | (0.06) | 0.69 | 0.63 | — | (5.04) |
12/31/2013 | $25.98 | (0.03) | 8.34 | 8.31 | (0.17) | (6.85) |
12/31/2012 (k) | $25.96 | 0.01 | 1.52 | 1.53 | — | (1.51) |
114 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Total distributions to shareholders | Net asset value, end of period | Total return | Total gross expense ratio to average net assets(a) | Total net expense ratio to average net assets(a) | Net investment income (loss) ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
(1.17) | $13.47 | 11.66% (c) | 1.36% (d) | 1.16% (d),(e) | (0.13%) (d) | 29% | $107,513 |
(2.33) | $13.13 | 11.54% (c) | 1.37% | 1.17% | (0.27%) | 75% | $119,364 |
(7.14) | $13.94 | (0.73%) (c) | 1.35% (f) | 1.22% (f) | (0.42%) | 55% | $146,864 |
(5.04) | $21.03 | 2.17% | 1.32% | 1.32% | (0.58%) | 17% | $264,234 |
(6.92) | $25.57 | 33.77% | 1.31% (f) | 1.31% (f) | (0.54%) | 20% | $333,193 |
(2.04) | $24.72 | 16.87% | 1.31% (f) | 1.31% (f),(g) | 0.13% | 15% | $271,628 |
(1.17) | $9.07 | 11.29% (c) | 2.10% (d) | 1.90% (d),(e) | (0.88%) (d) | 29% | $22,382 |
(2.33) | $9.22 | 10.67% (c) | 2.11% | 1.91% | (1.01%) | 75% | $27,524 |
(7.14) | $10.51 | (1.41%) (c) | 2.08% (f) | 1.95% (f) | (1.15%) | 55% | $34,589 |
(5.04) | $17.69 | 1.42% | 2.04% | 2.04% | (1.30%) | 17% | $48,591 |
(6.85) | $22.46 | 32.85% | 2.04% (f) | 2.04% (f) | (1.28%) | 20% | $61,537 |
(2.04) | $22.48 | 15.93% | 2.07% (f) | 2.06% (f),(g) | (0.59%) | 15% | $57,309 |
(1.17) | $15.72 | 11.77% (c) | 1.11% (d) | 0.91% (d),(e) | 0.15% (d) | 29% | $1,863 |
(2.33) | $15.13 | 11.86% (c) | 1.13% | 0.93% | (0.02%) | 75% | $853 |
(7.14) | $15.69 | (0.53%) (c) | 1.12% (f) | 0.99% (f) | (0.18%) | 55% | $932 |
(5.04) | $22.75 | 2.39% | 1.12% | 1.12% | (0.37%) | 17% | $1,193 |
(6.98) | $27.20 | 34.16% | 1.02% (f) | 1.02% (f) | (0.20%) | 20% | $1,383 |
(1.51) | $25.92 | 5.92% | 1.07% (d) | 1.06% (d),(g) | 0.02% (d) | 15% | $15 |
(1.17) | $15.80 | 11.79% (c) | 1.05% (d) | 0.85% (d) | 0.16% (d) | 29% | $1,498 |
(2.33) | $15.20 | 11.96% (c) | 1.05% | 0.85% | 0.07% | 75% | $1,036 |
(7.14) | $15.74 | (0.44%) (c) | 1.02% (f) | 0.95% (f) | (0.33%) | 55% | $911 |
(5.04) | $22.78 | 2.50% | 1.00% | 1.00% | (0.26%) | 17% | $10,697 |
(7.00) | $27.20 | 34.21% | 0.97% (f) | 0.97% (f) | (0.13%) | 20% | $11,996 |
(1.51) | $25.93 | 5.96% | 0.99% (d) | 0.99% (d),(g) | 0.08% (d) | 15% | $3 |
(1.17) | $15.93 | 11.83% (c) | 1.00% (d) | 0.80% (d) | 0.21% (d) | 29% | $23,668 |
(2.33) | $15.31 | 12.02% (c) | 1.00% | 0.80% | 0.10% | 75% | $4,389 |
(7.14) | $15.83 | (0.39%) (c) | 0.98% (f) | 0.85% (f) | 0.02% | 55% | $5,056 |
(5.04) | $22.86 | 2.53% | 0.95% | 0.95% | (0.22%) | 17% | $3,644 |
(7.02) | $27.27 | 34.30% | 0.93% (f) | 0.93% (f) | (0.09%) | 20% | $4,847 |
(1.51) | $25.98 | 5.94% | 0.92% (d) | 0.92% (d),(g) | 0.15% (d) | 15% | $3 |
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Columbia Acorn SelectSM
Year ended (except as noted) | Net asset value, beginning of period | Net investment income (loss) | Net realized and unrealized gain | Total from investment operations | Distributions from net investment income | Distributions from net realized gains |
Class Z | ||||||
6/30/2017 (b) | $14.63 | 0.01 | 1.69 | 1.70 | — | (1.17) |
12/31/2016 | $15.24 | (0.00) (h) | 1.72 | 1.72 | — | (2.33) |
12/31/2015 | $22.28 | (0.03) | 0.13 | 0.10 | — | (7.14) |
12/31/2014 | $26.72 | (0.08) | 0.68 | 0.60 | — | (5.04) |
12/31/2013 | $25.57 | (0.07) | 8.21 | 8.14 | (0.14) | (6.85) |
12/31/2012 | $23.62 | 0.11 | 3.88 | 3.99 | — | (2.04) |
Notes to Financial Highlights | |
(a) | In addition to the fees and expenses that the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of any other funds in which it invests, if any. Such indirect expenses are not included in the Fund’s reported expense ratios. |
(b) | For the six months ended June 30, 2017 (unaudited). |
(c) | Had the Investment Manager and/or Transfer Agent not waived fees and/or reimbursed a portion of expenses, total return would have been reduced. |
(d) | Annualized. |
(e) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(f) | Ratios include line of credit interest expense which is less than 0.01%. |
(g) | The benefits derived from custody fees paid indirectly had an impact of less than 0.01%. |
(h) | Rounds to zero. |
(i) | Class R4 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(j) | Class R5 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(k) | Class Y shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
116 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
Table of Contents
Total distributions to shareholders | Net asset value, end of period | Total return | Total gross expense ratio to average net assets(a) | Total net expense ratio to average net assets(a) | Net investment income (loss) ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
(1.17) | $15.16 | 11.77% (c) | 1.11% (d) | 0.91% (d),(e) | 0.10% (d) | 29% | $158,763 |
(2.33) | $14.63 | 11.88% (c) | 1.10% | 0.90% | (0.02%) | 75% | $144,313 |
(7.14) | $15.24 | (0.44%) (c) | 1.07% (f) | 0.95% (f) | (0.15%) | 55% | $183,642 |
(5.04) | $22.28 | 2.47% | 1.04% | 1.04% | (0.30%) | 17% | $318,487 |
(6.99) | $26.72 | 34.16% | 1.02% (f) | 1.02% (f) | (0.26%) | 20% | $431,990 |
(2.04) | $25.57 | 17.15% | 1.03% (f) | 1.03% (f),(g) | 0.40% | 15% | $587,678 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 117 |
Table of Contents
Columbia Thermostat FundSM
Year ended (except as noted) | Net asset value, beginning of period | Net investment income | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net investment income | Distributions from net realized gains |
Class A | ||||||
6/30/2017 (c) | $14.60 | 0.12 | 0.33 | 0.45 | (0.23) | (0.06) |
12/31/2016 | $14.31 | 0.20 | 0.44 | 0.64 | (0.08) | (0.27) |
12/31/2015 | $14.86 | 0.27 | (0.26) | 0.01 | (0.28) | (0.28) |
12/31/2014 | $14.58 | 0.28 | 0.49 | 0.77 | (0.28) | (0.21) |
12/31/2013 | $14.29 | 0.29 | 1.00 | 1.29 | (0.25) | (0.75) |
12/31/2012 | $12.82 | 0.32 | 1.39 | 1.71 | (0.24) | — |
Class C | ||||||
6/30/2017 (c) | $14.62 | 0.07 | 0.32 | 0.39 | (0.15) | (0.06) |
12/31/2016 | $14.41 | 0.09 | 0.44 | 0.53 | (0.05) | (0.27) |
12/31/2015 | $14.96 | 0.16 | (0.26) | (0.10) | (0.17) | (0.28) |
12/31/2014 | $14.68 | 0.17 | 0.49 | 0.66 | (0.17) | (0.21) |
12/31/2013 | $14.39 | 0.18 | 1.00 | 1.18 | (0.14) | (0.75) |
12/31/2012 | $12.91 | 0.22 | 1.39 | 1.61 | (0.13) | — |
Class R4 | ||||||
6/30/2017 (c) | $14.47 | 0.14 | 0.33 | 0.47 | (0.23) | (0.06) |
12/31/2016 | $14.19 | 0.24 | 0.42 | 0.66 | (0.11) | (0.27) |
12/31/2015 | $14.74 | 0.30 | (0.25) | 0.05 | (0.32) | (0.28) |
12/31/2014 | $14.46 | 0.32 | 0.49 | 0.81 | (0.32) | (0.21) |
12/31/2013 | $14.19 | 0.36 | 0.95 | 1.31 | (0.29) | (0.75) |
12/31/2012 (g) | $14.08 | 0.09 | 0.28 | 0.37 | (0.26) | — |
Class R5 | ||||||
6/30/2017 (c) | $14.49 | 0.14 | 0.32 | 0.46 | (0.23) | (0.06) |
12/31/2016 | $14.20 | 0.24 | 0.43 | 0.67 | (0.11) | (0.27) |
12/31/2015 | $14.75 | 0.31 | (0.26) | 0.05 | (0.32) | (0.28) |
12/31/2014 | $14.47 | 0.31 | 0.50 | 0.81 | (0.32) | (0.21) |
12/31/2013 | $14.19 | 0.37 | 0.96 | 1.33 | (0.30) | (0.75) |
12/31/2012 (h) | $14.08 | 0.09 | 0.27 | 0.36 | (0.25) | — |
Class Y | ||||||
6/30/2017 (c) | $14.46 | 0.14 | 0.33 | 0.47 | (0.23) | (0.06) |
12/31/2016 | $14.18 | 0.25 | 0.42 | 0.67 | (0.12) | (0.27) |
12/31/2015 | $14.74 | 0.31 | (0.26) | 0.05 | (0.33) | (0.28) |
12/31/2014 | $14.46 | 0.32 | 0.50 | 0.82 | (0.33) | (0.21) |
12/31/2013 | $14.18 | 0.33 | 1.01 | 1.34 | (0.31) | (0.75) |
12/31/2012 (i) | $14.08 | 0.09 | 0.27 | 0.36 | (0.26) | — |
118 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Total distributions to shareholders | Net asset value, end of period | Total return(a) | Total gross expense ratio to average net assets(b) | Total net expense ratio to average net assets(b) | Net investment income ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
(0.29) | $14.76 | 3.11% | 0.52% (d) | 0.50% (d),(e) | 1.63% (d) | 21% | $293,008 |
(0.35) | $14.60 | 4.47% | 0.54% | 0.50% | 1.39% | 95% | $398,781 |
(0.56) | $14.31 | 0.07% | 0.52% | 0.50% | 1.82% | 69% | $387,967 |
(0.49) | $14.86 | 5.30% | 0.51% | 0.50% | 1.88% | 95% | $450,258 |
(1.00) | $14.58 | 9.07% | 0.52% | 0.50% | 1.91% | 92% | $513,293 |
(0.24) | $14.29 | 13.34% | 0.58% | 0.50% (f) | 2.28% | 109% | $323,750 |
(0.21) | $14.80 | 2.70% | 1.27% (d) | 1.25% (d),(e) | 0.89% (d) | 21% | $292,183 |
(0.32) | $14.62 | 3.69% | 1.28% | 1.25% | 0.63% | 95% | $338,930 |
(0.45) | $14.41 | (0.68%) | 1.27% | 1.25% | 1.08% | 69% | $364,684 |
(0.38) | $14.96 | 4.50% | 1.26% | 1.25% | 1.14% | 95% | $404,456 |
(0.89) | $14.68 | 8.23% | 1.27% | 1.25% | 1.16% | 92% | $430,173 |
(0.13) | $14.39 | 12.52% | 1.32% | 1.25% (f) | 1.56% | 109% | $253,641 |
(0.29) | $14.65 | 3.27% | 0.27% (d) | 0.25% (d),(e) | 1.89% (d) | 21% | $13,990 |
(0.38) | $14.47 | 4.69% | 0.30% | 0.25% | 1.64% | 95% | $15,664 |
(0.60) | $14.19 | 0.33% | 0.28% | 0.25% | 2.06% | 69% | $17,453 |
(0.53) | $14.74 | 5.61% | 0.26% | 0.25% | 2.14% | 95% | $23,412 |
(1.04) | $14.46 | 9.26% | 0.28% | 0.25% | 2.39% | 92% | $14,651 |
(0.26) | $14.19 | 2.60% | 0.42% (d) | 0.25% (d),(f) | 4.59% (d) | 109% | $15 |
(0.29) | $14.66 | 3.20% | 0.26% (d) | 0.24% (d) | 1.91% (d) | 21% | $12,855 |
(0.38) | $14.49 | 4.77% | 0.27% | 0.24% | 1.66% | 95% | $12,024 |
(0.60) | $14.20 | 0.33% | 0.25% | 0.24% | 2.14% | 69% | $6,114 |
(0.53) | $14.75 | 5.62% | 0.24% | 0.23% | 2.11% | 95% | $3,536 |
(1.05) | $14.47 | 9.35% | 0.25% | 0.23% | 2.44% | 92% | $979 |
(0.25) | $14.19 | 2.58% | 0.35% (d) | 0.27% (d),(f) | 4.60% (d) | 109% | $3 |
(0.29) | $14.64 | 3.27% | 0.21% (d) | 0.19% (d) | 1.96% (d) | 21% | $411 |
(0.39) | $14.46 | 4.76% | 0.21% | 0.19% | 1.71% | 95% | $399 |
(0.61) | $14.18 | 0.32% | 0.20% | 0.19% | 2.08% | 69% | $352 |
(0.54) | $14.74 | 5.68% | 0.19% | 0.18% | 2.19% | 95% | $401 |
(1.06) | $14.46 | 9.46% | 0.14% | 0.14% | 2.23% | 92% | $3 |
(0.26) | $14.18 | 2.55% | 0.30% (d) | 0.22% (d),(f) | 4.63% (d) | 109% | $3 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 119 |
Table of Contents
Columbia Thermostat FundSM
Year ended (except as noted) | Net asset value, beginning of period | Net investment income | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net investment income | Distributions from net realized gains |
Class Z | ||||||
6/30/2017 (c) | $14.40 | 0.14 | 0.32 | 0.46 | (0.23) | (0.06) |
12/31/2016 | $14.12 | 0.23 | 0.43 | 0.66 | (0.11) | (0.27) |
12/31/2015 | $14.67 | 0.31 | (0.26) | 0.05 | (0.32) | (0.28) |
12/31/2014 | $14.40 | 0.32 | 0.48 | 0.80 | (0.32) | (0.21) |
12/31/2013 | $14.13 | 0.32 | 0.99 | 1.31 | (0.29) | (0.75) |
12/31/2012 | $12.67 | 0.34 | 1.39 | 1.73 | (0.27) | — |
Notes to Financial Highlights | |
(a) | Had the Investment Manager and/or Transfer Agent not waived fees and/or reimbursed a portion of expenses, total return would have been reduced. |
(b) | In addition to the fees and expenses that the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of any other funds in which it invests, if any. Such indirect expenses are not included in the Fund’s reported expense ratios. |
(c) | For the six months ended June 30, 2017 (unaudited). |
(d) | Annualized. |
(e) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(f) | The benefits derived from custody fees paid indirectly had an impact of 0.01%. |
(g) | Class R4 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(h) | Class R5 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(i) | Class Y shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
120 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Total distributions to shareholders | Net asset value, end of period | Total return(a) | Total gross expense ratio to average net assets(b) | Total net expense ratio to average net assets(b) | Net investment income ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
(0.29) | $14.57 | 3.22% | 0.27% (d) | 0.25% (d),(e) | 1.90% (d) | 21% | $351,644 |
(0.38) | $14.40 | 4.72% | 0.28% | 0.25% | 1.64% | 95% | $341,629 |
(0.60) | $14.12 | 0.33% | 0.26% | 0.25% | 2.08% | 69% | $325,159 |
(0.53) | $14.67 | 5.57% | 0.25% | 0.24% | 2.16% | 95% | $377,119 |
(1.04) | $14.40 | 9.30% | 0.26% | 0.25% | 2.14% | 92% | $375,444 |
(0.27) | $14.13 | 13.69% | 0.30% | 0.25% (f) | 2.48% | 109% | $292,732 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 121 |
Table of Contents
Columbia Acorn Emerging Markets FundSM
Year ended (except as noted) | Net asset value, beginning of period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net investment income | Tax return of capital |
Class A | ||||||
6/30/2017 (b) | $9.84 | (0.02) | 2.01 | 1.99 | — | — |
12/31/2016 | $10.24 | (0.01) | (0.32) | (0.33) | (0.03) | (0.04) |
12/31/2015 | $12.72 | 0.10 | (2.42) | (2.32) | (0.15) | (0.01) |
12/31/2014 | $13.37 | 0.06 | (0.63) | (0.57) | (0.08) | — |
12/31/2013 | $12.04 | 0.07 | 1.34 | 1.41 | (0.08) | — |
12/31/2012 | $9.26 | 0.08 | 2.78 | 2.86 | (0.08) | — |
Class C | ||||||
6/30/2017 (b) | $9.80 | (0.06) | 2.00 | 1.94 | — | — |
12/31/2016 | $10.20 | (0.09) | (0.31) | (0.40) | — | — |
12/31/2015 | $12.65 | 0.01 | (2.39) | (2.38) | (0.06) | (0.01) |
12/31/2014 | $13.32 | (0.05) | (0.62) | (0.67) | — | — |
12/31/2013 | $12.01 | (0.03) | 1.34 | 1.31 | — | — |
12/31/2012 | $9.24 | (0.02) | 2.79 | 2.77 | — | — |
Class R4 | ||||||
6/30/2017 (b) | $9.92 | (0.00) (h) | 2.02 | 2.02 | — | — |
12/31/2016 | $10.32 | 0.01 | (0.31) | (0.30) | (0.06) | (0.04) |
12/31/2015 | $12.83 | 0.17 | (2.49) | (2.32) | (0.18) | (0.01) |
12/31/2014 | $13.49 | 0.09 | (0.63) | (0.54) | (0.12) | — |
12/31/2013 | $12.14 | 0.12 | 1.35 | 1.47 | (0.12) | — |
12/31/2012 (i) | $11.44 | (0.01) | 0.81 | 0.80 | (0.10) | — |
Class R5 | ||||||
6/30/2017 (b) | $9.91 | 0.00 (h) | 2.03 | 2.03 | — | — |
12/31/2016 | $10.32 | (0.02) | (0.28) | (0.30) | (0.07) | (0.04) |
12/31/2015 | $12.82 | 0.15 | (2.45) | (2.30) | (0.19) | (0.01) |
12/31/2014 | $13.48 | 0.10 | (0.64) | (0.54) | (0.12) | — |
12/31/2013 | $12.14 | 0.12 | 1.34 | 1.46 | (0.12) | — |
12/31/2012 (j) | $11.44 | (0.00) (h) | 0.81 | 0.81 | (0.11) | — |
Class Y | ||||||
6/30/2017 (b) | $9.82 | 0.01 | 2.01 | 2.02 | — | — |
12/31/2016 | $10.23 | 0.03 | (0.33) | (0.30) | (0.07) | (0.04) |
12/31/2015 | $12.71 | 0.15 | (2.43) | (2.28) | (0.19) | (0.01) |
12/31/2014 | $13.36 | 0.09 | (0.62) | (0.53) | (0.12) | — |
12/31/2013 (k) | $12.22 | 0.07 | 1.20 | 1.27 | (0.13) | — |
122 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Total distributions to shareholders | Net asset value, end of period | Total return | Total gross expense ratio to average net assets(a) | Total net expense ratio to average net assets(a) | Net investment income (loss) ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
— | $11.83 | 20.22% (c) | 2.02% (d) | 1.85% (d),(e) | (0.46%) (d) | 28% | $32,872 |
(0.07) | $9.84 | (3.20%) (c) | 1.84% (f) | 1.84% (f) | (0.11%) | 43% | $49,141 |
(0.16) | $10.24 | (18.25%) | 1.67% | 1.67% | 0.88% | 58% | $88,574 |
(0.08) | $12.72 | (4.28%) | 1.56% | 1.56% | 0.42% | 45% | $160,969 |
(0.08) | $13.37 | 11.73% (c) | 1.80% | 1.76% | 0.52% | 36% | $177,158 |
(0.08) | $12.04 | 30.86% (c) | 6.42% | 1.77% (g) | 0.77% | 30% | $3,103 |
— | $11.74 | 19.80% (c) | 2.78% (d) | 2.60% (d),(e) | (1.05%) (d) | 28% | $15,332 |
— | $9.80 | (3.92%) (c) | 2.60% (f) | 2.59% (f) | (0.87%) | 43% | $15,534 |
(0.07) | $10.20 | (18.83%) | 2.42% | 2.42% | 0.12% | 58% | $22,953 |
— | $12.65 | (5.03%) | 2.33% | 2.33% | (0.36%) | 45% | $41,208 |
— | $13.32 | 10.91% (c) | 2.55% | 2.51% | (0.23%) | 36% | $32,636 |
— | $12.01 | 29.98% (c) | 7.18% | 2.56% (g) | (0.15%) | 30% | $615 |
— | $11.94 | 20.36% (c) | 1.78% (d) | 1.60% (d),(e) | (0.09%) (d) | 28% | $1,105 |
(0.10) | $9.92 | (2.91%) | 1.57% (f) | 1.57% (f) | 0.09% | 43% | $1,306 |
(0.19) | $10.32 | (18.04%) | 1.36% | 1.36% | 1.37% | 58% | $3,459 |
(0.12) | $12.83 | (4.03%) | 1.28% | 1.28% | 0.66% | 45% | $15,467 |
(0.12) | $13.49 | 12.13% (c) | 1.44% | 1.44% | 0.92% | 36% | $13,583 |
(0.10) | $12.14 | 7.04% (c) | 5.86% (d) | 1.54% (d),(g) | (0.31%) (d) | 30% | $16 |
— | $11.94 | 20.48% (c) | 1.68% (d) | 1.50% (d) | 0.08% (d) | 28% | $995 |
(0.11) | $9.91 | (2.90%) | 1.46% (f) | 1.46% (f) | (0.23%) | 43% | $806 |
(0.20) | $10.32 | (17.96%) | 1.34% | 1.34% | 1.22% | 58% | $12,643 |
(0.12) | $12.82 | (4.02%) | 1.26% | 1.26% | 0.72% | 45% | $19,632 |
(0.12) | $13.48 | 12.07% (c) | 1.42% | 1.42% | 0.94% | 36% | $13,625 |
(0.11) | $12.14 | 7.11% (c) | 5.81% (d) | 1.46% (d),(g) | (0.22%) (d) | 30% | $3 |
— | $11.84 | 20.57% (c) | 1.64% (d) | 1.45% (d) | 0.13% (d) | 28% | $2 |
(0.11) | $9.82 | (2.92%) (c) | 1.45% | 1.45% | 0.29% | 43% | $2 |
(0.20) | $10.23 | (17.90%) | 1.27% | 1.27% | 1.24% | 58% | $2 |
(0.12) | $12.71 | (3.95%) | 1.22% | 1.22% | 0.68% | 45% | $2 |
(0.13) | $13.36 | 10.43% (c) | 1.36% (d) | 1.36% (d) | 0.97% (d) | 36% | $3 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 123 |
Table of Contents
Columbia Acorn Emerging Markets FundSM
Year ended (except as noted) | Net asset value, beginning of period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net investment income | Tax return of capital |
Class Z | ||||||
6/30/2017 (b) | $9.85 | 0.00 (h) | 2.01 | 2.01 | — | — |
12/31/2016 | $10.26 | (0.00) (h) | (0.31) | (0.31) | (0.06) | (0.04) |
12/31/2015 | $12.74 | 0.13 | (2.42) | (2.29) | (0.18) | (0.01) |
12/31/2014 | $13.40 | 0.08 | (0.63) | (0.55) | (0.11) | — |
12/31/2013 | $12.07 | 0.11 | 1.33 | 1.44 | (0.11) | — |
12/31/2012 | $9.28 | 0.12 | 2.79 | 2.91 | (0.12) | — |
Notes to Financial Highlights | |
(a) | In addition to the fees and expenses that the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of any other funds in which it invests, if any. Such indirect expenses are not included in the Fund’s reported expense ratios. |
(b) | For the six months ended June 30, 2017 (unaudited). |
(c) | Had the Investment Manager and/or Transfer Agent not waived fees and/or reimbursed a portion of expenses, total return would have been reduced. |
(d) | Annualized. |
(e) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(f) | Ratios include line of credit interest expense which is less than 0.01%. |
(g) | The benefits derived from custody fees paid indirectly had an impact of 0.01%. |
(h) | Rounds to zero. |
(i) | Class R4 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(j) | Class R5 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(k) | Class Y shares commenced operations on June 13, 2013. Per share data and total return reflect activity from that date. |
124 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Total distributions to shareholders | Net asset value, end of period | Total return | Total gross expense ratio to average net assets(a) | Total net expense ratio to average net assets(a) | Net investment income (loss) ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
— | $11.86 | 20.41% (c) | 1.79% (d) | 1.60% (d),(e) | 0.04% (d) | 28% | $53,042 |
(0.10) | $9.85 | (3.04%) (c) | 1.59% (f) | 1.58% (f) | (0.04%) | 43% | $38,969 |
(0.19) | $10.26 | (17.98%) | 1.42% | 1.42% | 1.12% | 58% | $147,688 |
(0.11) | $12.74 | (4.12%) | 1.33% | 1.33% | 0.62% | 45% | $245,053 |
(0.11) | $13.40 | 11.92% (c) | 1.58% | 1.54% | 0.89% | 36% | $177,693 |
(0.12) | $12.07 | 31.35% (c) | 6.15% | 1.46% (g) | 1.07% | 30% | $6,846 |
Columbia Acorn Family of Funds | Semiannual Report 2017 | 125 |
Table of Contents
Columbia Acorn European FundSM
Year ended (except as noted) | Net asset value, beginning of period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net investment income | Distributions from net realized gains |
Class A | ||||||
6/30/2017 (c) | $14.12 | 0.09 | 3.23 | 3.32 | (0.06) | — |
12/31/2016 | $14.75 | 0.16 | (0.67) | (0.51) | (0.12) | — |
12/31/2015 | $14.34 | 0.10 | 0.50 | 0.60 | (0.19) | — |
12/31/2014 | $15.68 | 0.13 | (1.34) | (1.21) | (0.05) | (0.08) |
12/31/2013 | $11.76 | (0.02) | 3.97 | 3.95 | (0.01) | (0.02) |
12/31/2012 | $9.43 | 0.03 | 2.37 | 2.40 | (0.07) | (0.00) (f) |
Class C | ||||||
6/30/2017 (c) | $13.99 | 0.09 | 3.15 | 3.24 | (0.03) | — |
12/31/2016 | $14.63 | 0.03 | (0.64) | (0.61) | (0.03) | — |
12/31/2015 | $14.16 | (0.00) (f) | 0.48 | 0.48 | (0.01) | — |
12/31/2014 | $15.54 | (0.01) | (1.29) | (1.30) | — | (0.08) |
12/31/2013 | $11.73 | (0.15) | 3.98 | 3.83 | — | (0.02) |
12/31/2012 | $9.44 | (0.15) | 2.46 | 2.31 | (0.02) | (0.00) (f) |
Class R4 | ||||||
6/30/2017 (c) | $14.18 | 0.17 | 3.20 | 3.37 | (0.06) | — |
12/31/2016 | $14.82 | 0.17 | (0.65) | (0.48) | (0.16) | — |
12/31/2015 | $14.40 | 0.24 | 0.41 | 0.65 | (0.23) | — |
12/31/2014 (h) | $15.85 | (0.02) | (1.34) | (1.36) | (0.09) | — |
Class R5 | ||||||
6/30/2017 (c) | $14.25 | 0.21 | 3.17 | 3.38 | (0.06) | — |
12/31/2016 | $14.89 | 0.18 | (0.66) | (0.48) | (0.16) | — |
12/31/2015 | $14.47 | 0.15 | 0.50 | 0.65 | (0.23) | — |
12/31/2014 | $15.82 | 0.14 | (1.32) | (1.18) | (0.09) | (0.08) |
12/31/2013 | $11.86 | (0.04) | 4.06 | 4.02 | (0.04) | (0.02) |
12/31/2012 (i) | $11.19 | (0.02) | 0.77 | 0.75 | (0.08) | — |
Class Y | ||||||
6/30/2017 (c),(j) | $15.02 | 0.18 | 2.20 | 2.38 | (0.06) | — |
Class Z | ||||||
6/30/2017 (c) | $14.11 | 0.21 | 3.15 | 3.36 | (0.06) | — |
12/31/2016 | $14.75 | 0.19 | (0.67) | (0.48) | (0.16) | — |
12/31/2015 | $14.34 | 0.15 | 0.49 | 0.64 | (0.23) | — |
12/31/2014 | $15.68 | 0.15 | (1.32) | (1.17) | (0.09) | (0.08) |
12/31/2013 | $11.76 | 0.11 | 3.88 | 3.99 | (0.05) | (0.02) |
12/31/2012 | $9.44 | 0.08 | 2.34 | 2.42 | (0.10) | (0.00) (f) |
Notes to Financial Highlights | |
(a) | Had the Investment Manager and/or Transfer Agent not waived fees and/or reimbursed a portion of expenses, total return would have been reduced. |
(b) | In addition to the fees and expenses that the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of any other funds in which it invests, if any. Such indirect expenses are not included in the Fund’s reported expense ratios. |
(c) | For the six months ended June 30, 2017 (unaudited). |
(d) | Annualized. |
(e) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(f) | Rounds to zero. |
(g) | The benefits derived from custody fees paid indirectly had an impact of 0.01%. |
(h) | Class R4 shares commenced operations on June 25, 2014. Per share data and total return reflect activity from that date. |
(i) | Class R5 shares commenced operations on November 8, 2012. Per share data and total return reflect activity from that date. |
(j) | Class Y shares commenced operations on March 1, 2017. Per share data and total return reflect activity from that date. |
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Total distributions to shareholders | Net asset value, end of period | Total return(a) | Total gross expense ratio to average net assets(b) | Total net expense ratio to average net assets(b) | Net investment income (loss) ratio to average net assets | Portfolio turnover | Net assets, end of period (000’s) |
(0.06) | $17.38 | 23.50% | 1.98% (d) | 1.74% (d),(e) | 1.20% (d) | 17% | $19,663 |
(0.12) | $14.12 | (3.47%) | 2.00% | 1.75% | 1.07% | 40% | $26,269 |
(0.19) | $14.75 | 4.17% | 2.06% | 1.75% | 0.67% | 37% | $40,368 |
(0.13) | $14.34 | (7.77%) | 2.05% | 1.75% | 0.86% | 74% | $21,101 |
(0.03) | $15.68 | 33.64% | 3.33% | 1.74% | (0.11%) | 42% | $19,078 |
(0.07) | $11.76 | 25.46% | 12.35% | 1.61% (g) | 0.23% | 37% | $453 |
(0.03) | $17.20 | 23.14% | 2.73% (d) | 2.49% (d),(e) | 1.09% (d) | 17% | $10,035 |
(0.03) | $13.99 | (4.21%) | 2.75% | 2.50% | 0.18% | 40% | $7,112 |
(0.01) | $14.63 | 3.41% | 2.82% | 2.50% | (0.02%) | 37% | $7,220 |
(0.08) | $14.16 | (8.44%) | 2.84% | 2.50% | (0.10%) | 74% | $5,096 |
(0.02) | $15.54 | 32.63% | 4.19% | 2.50% | (1.10%) | 42% | $1,400 |
(0.02) | $11.73 | 24.46% | 12.83% | 2.32% (g) | (1.33%) | 37% | $89 |
(0.06) | $17.49 | 23.75% | 1.73% (d) | 1.49% (d),(e) | 2.14% (d) | 17% | $559 |
(0.16) | $14.18 | (3.27%) | 1.79% | 1.50% | 1.15% | 40% | $362 |
(0.23) | $14.82 | 4.48% | 1.81% | 1.50% | 1.59% | 37% | $408 |
(0.09) | $14.40 | (8.60%) | 1.87% (d) | 1.50% (d) | (0.30%) (d) | 74% | $302 |
(0.06) | $17.57 | 23.70% | 1.68% (d) | 1.45% (d) | 2.62% (d) | 17% | $4,026 |
(0.16) | $14.25 | (3.23%) | 1.68% | 1.47% | 1.26% | 40% | $1,262 |
(0.23) | $14.89 | 4.48% | 1.75% | 1.48% | 0.98% | 37% | $2,122 |
(0.17) | $14.47 | (7.54%) | 1.75% | 1.52% | 0.92% | 74% | $1,633 |
(0.06) | $15.82 | 33.97% | 2.76% | 1.51% | (0.29%) | 42% | $1,891 |
(0.08) | $11.86 | 6.70% | 14.07% (d) | 1.36% (d),(g) | (1.07%) (d) | 37% | $3 |
(0.06) | $17.34 | 15.83% | 1.65% (d) | 1.38% (d) | 3.35% (d) | 17% | $27 |
(0.06) | $17.41 | 23.80% | 1.74% (d) | 1.49% (d),(e) | 2.61% (d) | 17% | $32,069 |
(0.16) | $14.11 | (3.29%) | 1.73% | 1.50% | 1.29% | 40% | $11,345 |
(0.23) | $14.75 | 4.43% | 1.78% | 1.50% | 1.01% | 37% | $11,766 |
(0.17) | $14.34 | (7.52%) | 1.79% | 1.50% | 0.97% | 74% | $8,499 |
(0.07) | $15.68 | 33.98% | 3.98% | 1.45% | 0.83% | 42% | $4,407 |
(0.10) | $11.76 | 25.66% | 12.07% | 1.33% (g) | 0.76% | 37% | $2,727 |
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Columbia Acorn Fund® | Columbia Acorn International® | Columbia Acorn USA® | Columbia Acorn International SelectSM | Columbia Acorn European FundSM | |||||
Goldman Sachs ($) | Goldman Sachs ($) | Goldman Sachs ($) | Goldman Sachs ($) | Goldman Sachs ($) | |||||
Liabilities | |||||||||
Collateral on Securities loaned | 121,051,730 | 194,056,021 | 9,894,600 | 4,554,276 | 3,054,871 | ||||
Total Liabilities | 121,051,730 | 194,056,021 | 9,894,600 | 4,554,276 | 3,054,871 | ||||
Total Financial and Derivative Net Assets | (121,051,730) | (194,056,021) | (9,894,600) | (4,554,276) | (3,054,871) | ||||
Financial Instruments | 119,231,924 | 184,924,231 | 9,705,947 | 4,339,293 | 2,907,619 | ||||
Net Amount (a) | (1,819,806) | (9,131,790) | (188,653) | (214,983) | (147,252) |
(a) | Represents the net amount due from/(to) counterparties in the event of default. |
Overnight and continuous | Up to 30 days | 30-90 days | Greater than 90 days | Total | |
Columbia Acorn® Fund | |||||
Securities lending transactions | |||||
Equity securities | $119,231,924 | $— | $— | $— | $119,231,924 |
Gross amount of recognized liabilities for securities lending (collateral received) | 121,051,730 | ||||
Amounts due to counterparty | $1,819,806 | ||||
Columbia Acorn International® | |||||
Securities lending transactions | |||||
Equity securities | $184,924,231 | $— | $— | $— | $184,924,231 |
Gross amount of recognized liabilities for securities lending (collateral received) | 194,056,021 | ||||
Amounts due to counterparty | $9,131,790 | ||||
Columbia Acorn USA® | |||||
Securities lending transactions | |||||
Equity securities | $9,705,947 | $— | $— | $— | $9,705,947 |
Gross amount of recognized liabilities for securities lending (collateral received) | 9,894,600 | ||||
Amounts due to counterparty | $188,653 | ||||
Columbia Acorn International SelectSM | |||||
Securities lending transactions | |||||
Equity securities | $4,339,293 | $— | $— | $— | $4,339,293 |
Gross amount of recognized liabilities for securities lending (collateral received) | 4,554,276 | ||||
Amounts due to counterparty | $214,983 | ||||
Columbia Acorn European FundSM | |||||
Securities lending transactions | |||||
Equity securities | $2,907,619 | $— | $— | $— | $2,907,619 |
Gross amount of recognized liabilities for securities lending (collateral received) | 3,054,871 | ||||
Amounts due to counterparty | $147,252 |
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Columbia Acorn® Fund | |
Average daily net assets | Annual fee rate |
Up to $700 million | 0.74% |
$700 million to $2 billion | 0.69% |
$2 billion to $6 billion | 0.64% |
$6 billion and over | 0.63% |
Columbia Acorn International | |
Average daily net assets | Annual fee rate |
Up to $100 million | 1.19% |
$100 million to $500 million | 0.94% |
$500 million and over | 0.74% |
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Columbia Acorn USA | |
Average daily net assets | Annual fee rate |
Up to $200 million | 0.94% |
$200 million to $500 million | 0.89% |
$500 million to $2 billion | 0.84% |
$2 billion to $3 billion | 0.80% |
$3 billion and over | 0.70% |
Columbia Acorn International SelectSM | |
Average daily net assets | Annual fee rate |
Up to $500 million | 0.89% |
$500 million and over | 0.85% |
Columbia Acorn SelectSM | |
Average daily net assets | Annual fee rate |
Up to $700 million | 0.85% |
$700 million to $2 billion | 0.80% |
$2 billion to $3 billion | 0.75% |
$3 billion and over | 0.70% |
Columbia Thermostat FundSM | |
Annual fee rate | |
All Average Daily Net Assets | 0.10% |
Columbia Acorn Emerging Markets Fund | |
Average daily net assets | Annual fee rate |
Up to $100 million | 1.25% |
$100 million to $500 million | 1.00% |
$500 million and over | 0.80% |
Columbia Acorn European Fund | |
Average daily net assets | Annual fee rate |
Up to $100 million | 1.19% |
$100 million to $500 million | 0.94% |
$500 million and over | 0.74% |
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June 30, 2017 (Unaudited)
Fund | Effective investment advisory fee rate (%) |
Columbia Acorn® Fund | 0.67 |
Columbia Acorn International® | 0.77 |
Columbia Acorn USA® | 0.89 |
Columbia Acorn International SelectSM | 0.89 |
Columbia Acorn SelectSM | 0.65 |
Columbia Thermostat FundSM | 0.10 |
Columbia Acorn Emerging Markets FundSM | 1.24 |
Columbia Acorn European FundSM | 1.19 |
Columbia Acorn Trust | |
Aggregate average daily net assets of the trust | Annual fee rate |
Up to $8 billion | 0.050% |
$8 billion to $16 billion | 0.040% |
$16 billion to $35 billion | 0.030% |
$35 billion to $45 billion | 0.025% |
$45 billion and over | 0.015% |
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June 30, 2017 (Unaudited)
Fund | Purchases ($) | Sales ($) | Realized gain/(loss) from sale transactions ($) |
Columbia Acorn International® | — | (762,759) | 354,209 |
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Fund | Class A (%) | Class B (%) | Class C (%) | Class R (%) | Class R4 (%) | Class R5 (%) | Class Y (%) | Class Z (%) |
Columbia Acorn® Fund | 0.07 | — | 0.07 | — | 0.07 | 0.05 | — | 0.07 |
Columbia Acorn International® | 0.09 | — | 0.09 | 0.09 | 0.09 | 0.05 | — | 0.09 |
Columbia Acorn USA® | 0.14 | — | 0.14 | — | 0.14 | 0.05 | — | 0.14 |
Columbia Acorn International SelectSM | 0.12 | — | 0.12 | — | 0.12 | 0.05 | — | 0.12 |
Columbia Acorn SelectSM | 0.11 | — | 0.11 | — | 0.11 | 0.05 | — | 0.11 |
Columbia Thermostat FundSM | 0.07 | — | 0.07 | — | 0.07 | 0.05 | — | 0.07 |
Columbia Acorn Emerging Markets FundSM | 0.16 | — | 0.16 | — | 0.16 | 0.05 | — | 0.16 |
Columbia Acorn European FundSM | 0.11 | — | 0.11 | — | 0.11 | 0.05 | — | 0.10 |
Fund | Amount ($) |
Columbia Acorn® Fund | 10,246 |
Columbia Acorn International® | 10,491 |
Columbia Acorn USA® | 1,760 |
Columbia Acorn International SelectSM | 816 |
Columbia Acorn SelectSM | 1,847 |
Columbia Thermostat FundSM | 680 |
Columbia Acorn Emerging Markets FundSM | 80 |
Columbia Acorn European FundSM | 20 |
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June 30, 2017 (Unaudited)
Underwriting discounts ($) | |||
Fund | Class A | Class A | Class C |
Columbia Acorn® Fund | 176,540 | 228 | 2,822 |
Columbia Acorn International® | 134,056 | 54 | 421 |
Columbia Acorn USA® | 19,542 | 11 | 95 |
Columbia Acorn International SelectSM | 26,709 | — | 138 |
Columbia Acorn SelectSM | 18,160 | 11 | 44 |
Columbia Thermostat FundSM | 165,488 | 105 | 25,719 |
Columbia Acorn Emerging Markets FundSM | 16,229 | 63 | 245 |
Columbia Acorn European FundSM | 51,135 | — | 564 |
Fund | Class A | Class C | Class R4 | Class R5 | Class Y | Class Z |
Columbia Acorn Emerging Markets FundSM | 1.55% | 2.30% | 1.30% | 1.19% | 1.14% | 1.30% |
Columbia Acorn European FundSM | 1.45% | 2.20% | 1.20% | 1.13% | 1.08% | 1.20% |
Fund | Class A | Class C | Class R4 | Class R5 | Class Y | Class Z |
Columbia Acorn Emerging Markets FundSM | 1.85% | 2.60% | 1.60% | 1.49% | 1.44% | 1.60% |
Columbia Acorn European FundSM | 1.75% | 2.50% | 1.50% | 1.43% | 1.38% | 1.50% |
Fund | Class A | Class C | Class R4 | Class R5 | Class Y | Class Z |
Columbia Acorn SelectSM | 1.60% | 2.35% | 1.35% | 1.29% | 1.24% | 1.35% |
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June 30, 2017 (Unaudited)
Fund | Class A | Class C | Class R4 | Class R5 | Class Y | Class Z |
Columbia Acorn International Select | 1.40% | 2.15% | 1.15% | 1.08% | 1.03% | 1.15% |
Columbia Thermostat Fund | 0.50% | 1.25% | 0.25% | 0.23% | 0.18% | 0.25% |
Fund | Class A | Class C | Class R4 | Class R5 | Class Y | Class Z |
Columbia Acorn SelectSM | 1.60% | 2.35% | 1.35% | 1.30% | 1.25% | 1.35% |
Fund | Class A | Class C | Class R4 | Class R5 | Class Y | Class Z |
Columbia Acorn International SelectSM | 1.40% | 2.15% | 1.15% | 1.07% | 1.02% | 1.15% |
Columbia Thermostat FundSM | 0.50% | 1.25% | 0.25% | 0.24% | 0.19% | 0.25% |
Columbia Acorn Emerging Markets FundSM | 1.85% | 2.60% | 1.60% | 1.50% | 1.45% | 1.60% |
Columbia Acorn European FundSM | 1.75% | 2.50% | 1.50% | 1.47% | 1.42% | 1.50% |
Fund | Expenses Waived and/or reimbursed ($) |
Columbia Acorn International® | 114,497 |
Columbia Acorn International SelectSM | 71,725 |
Columbia Acorn SelectSM | 312,480 |
Columbia Thermostat FundSM | 126,713 |
Columbia Acorn Emerging Markets FundSM | 97,355 |
Columbia Acorn European FundSM | 63,613 |
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June 30, 2017 (Unaudited)
Fund | Tax cost ($) | Gross unrealized appreciation ($) | Gross unrealized (depreciation) ($) | Net unrealized appreciation ($) |
Columbia Acorn® Fund | 3,572,738,000 | 1,389,336,000 | (97,189,000) | 1,292,147,000 |
Columbia Acorn International® | 3,681,444,000 | 1,557,094,000 | (40,561,000) | 1,516,533,000 |
Columbia Acorn USA® | 493,680,000 | 171,843,000 | (12,239,000) | 159,604,000 |
Columbia Acorn International SelectSM | 86,242,000 | 36,244,000 | (1,420,000) | 34,824,000 |
Columbia Acorn SelectSM | 249,644,000 | 66,278,000 | (1,489,000) | 64,789,000 |
Columbia Thermostat FundSM | 931,956,000 | 34,869,000 | (897,000) | 33,972,000 |
Columbia Acorn Emerging Markets FundSM | 82,729,000 | 22,574,000 | (1,805,000) | 20,769,000 |
Columbia Acorn European FundSM | 54,369,000 | 15,263,000 | (601,000) | 14,662,000 |
Fund | 2017 ($) | 2018 ($) | 2019 ($) | No expiration short-term ($) | No expiration long-term ($) | Total ($) |
Columbia Acorn International® | — | — | — | 46,821,711 | — | 46,821,711 |
Columbia Acorn International SelectSM | — | — | — | 14,662,013 | — | 14,662,013 |
Columbia Acorn Emerging Markets FundSM | — | — | — | 44,001,715 | 41,697,803 | 85,699,518 |
Columbia Acorn European FundSM | — | — | — | 5,868,008 | 3,575,836 | 9,443,844 |
Fund | Late year ordinary losses ($) | Post-October capital losses ($) |
Columbia Acorn International SelectSM | 8,631 | — |
Columbia Acorn Emerging Markets FundSM | 297,319 | — |
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June 30, 2017 (Unaudited)
Purchases ($) | Proceeds from sales ($) | |
Columbia Acorn® Fund | 1,667,231,800 | 2,413,767,334 |
Columbia Acorn International® | 1,034,903,673 | 1,531,678,054 |
Columbia Acorn USA® | 260,160,589 | 352,468,283 |
Columbia Acorn International SelectSM | 29,913,557 | 31,068,002 |
Columbia Acorn SelectSM | 88,691,359 | 118,070,849 |
Columbia Thermostat FundSM | 213,865,759 | 370,265,697 |
Columbia Acorn Emerging Markets FundSM | 28,478,930 | 48,372,123 |
Columbia Acorn European FundSM | 16,060,677 | 8,684,139 |
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Fund | Number of unaffiliated accounts | Percentage of shares outstanding held — unaffiliated (%) | Percentage of shares outstanding held — affiliated (%) |
Columbia Acorn® Fund | 1 | 10.3 | — |
Columbia Acorn International® | 2 | 29.5 | — |
Columbia Acorn USA® | 2 | 59.4 | — |
Columbia Acorn International SelectSM | 2 | 29.0 | 12.5 |
Columbia Acorn SelectSM | 1 | 18.9 | 15.2 |
Columbia Thermostat FundSM | 1 | 17.4 | 24.5 |
Columbia Acorn Emerging Markets FundSM | 2 | 21.9 | 31.8 |
Columbia Acorn European FundSM | — | — | 35.6 |
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as of June 30, 2017
Columbia Acorn® Fund | Class A | Class B (a) | Class C | Class R | Class R4 | Class R5 | Class Y | Class Z | |||||||||
Investment advisory fee | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% | |||||||||||
Distribution and/or service fees | 0.25% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||||||||
Other expenses | 0.16% | 0.16% | 0.16% | 0.14% | 0.09% | 0.16% | |||||||||||
Net expense ratio | 1.08% | 1.83% | 0.83% | 0.81% | 0.76% | 0.83% | |||||||||||
Columbia Acorn International® | |||||||||||||||||
Investment advisory fee | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% | |||||||||
Distribution and/or service fees | 0.25% | 0.75% | 1.00% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% | |||||||||
Other expenses | 0.15% | 0.10% | 0.17% | 0.19% | 0.19% | 0.16% | 0.11% | 0.19% | |||||||||
Net expense ratio | 1.17% | 1.62% | 1.94% | 1.46% | 0.96% | 0.93% | 0.88% | 0.96% | |||||||||
Columbia Acorn USA® | |||||||||||||||||
Investment advisory fee | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% | |||||||||||
Distribution and/or service fees | 0.25% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||||||||
Other expenses | 0.25% | 0.25% | 0.27% | 0.16% | 0.12% | 0.26% | |||||||||||
Net expense ratio | 1.39% | 2.14% | 1.16% | 1.05% | 1.01% | 1.15% | |||||||||||
Columbia Acorn International SelectSM | |||||||||||||||||
Investment advisory fee | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% | |||||||||||
Distribution and/or service fees | 0.25% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||||||||
Other expenses | 0.25% | 0.25% | 0.25% | 0.18% | 0.13% | 0.25% | |||||||||||
Net expense ratio | 1.39% | 2.14% | 1.14% | 1.07% | 1.02% | 1.14% | |||||||||||
Columbia Acorn SelectSM | |||||||||||||||||
Investment advisory fee | 0.65% | 0.65% | 0.65% | 0.65% | 0.65% | 0.65% | |||||||||||
Distribution and/or service fees | 0.25% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||||||||
Other expenses | 0.26% | 0.25% | 0.26% | 0.20% | 0.15% | 0.26% | |||||||||||
Net expense ratio | 1.16% | 1.90% | 0.91% | 0.85% | 0.80% | 0.91% | |||||||||||
Columbia Thermostat FundSM | |||||||||||||||||
Investment advisory fee | 0.10% | 0.10% | 0.10% | 0.10% | 0.10% | 0.10% | |||||||||||
Distribution and/or service fees | 0.25% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||||||||
Other expenses | 0.15% | 0.15% | 0.15% | 0.14% | 0.09% | 0.15% | |||||||||||
Net expense ratio (b) | 0.50% | 1.25% | 0.25% | 0.24% | 0.19% | 0.25% | |||||||||||
Columbia Acorn Emerging Markets FundSM | |||||||||||||||||
Investment advisory fee | 1.24% | 1.24% | 1.24% | 1.24% | 1.24% | 1.24% | |||||||||||
Distribution and/or service fees | 0.25% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||||||||
Other expenses | 0.36% | 0.36% | 0.36% | 0.26% | 0.21% | 0.36% | |||||||||||
Net expense ratio | 1.85% | 2.60% | 1.60% | 1.50% | 1.45% | 1.60% | |||||||||||
Columbia Acorn European FundSM | |||||||||||||||||
Investment advisory fee | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% | |||||||||||
Distribution and/or service fees | 0.25% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||||||||
Other expenses | 0.30% | 0.30% | 0.30% | 0.26% | 0.19% | 0.30% | |||||||||||
Net expense ratio | 1.74% | 2.49% | 1.49% | 1.45% | 1.38% | 1.49% |
(a) | Effective July 17, 2017, Class B shares were automatically converted to Class A shares, and the Fund no longer accepts any investment by new or existing investors in Class B shares. |
(b) | Does not include estimated fees and expenses of 0.48% incurred by the Fund from the underlying portfolio funds in which it invests. |
148 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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150 | Columbia Acorn Family of Funds | Semiannual Report 2017 |
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Columbia Acorn Family of Funds | Semiannual Report 2017 | 151 |
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Item 2. Code of Ethics.
Not applicable for semiannual reports.
Item 3. Audit Committee Financial Expert.
Not applicable for semiannual reports.
Item 4. Principal Accountant Fees and Services.
Not applicable for semiannual reports.
Item 5. Audit Committee of Listed Registrants.
Not applicable.
Item 6. Investments
(a) | The registrant’s “Schedule I – Investments in securities of unaffiliated issuers” (as set forth in 17 CFR 210.12-12) is included in Item 1 of this Form N-CSR. |
(b) | Not applicable. |
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.
Item 10. Submission of Matters to a Vote of Security Holders.
There were no material changes to the procedures by which shareholders may recommend nominees to the registrant’s board of directors.
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Item 11. Controls and Procedures.
(a) | The registrant’s principal executive officer and principal financial officers, based on their evaluation of the registrant’s disclosure controls and procedures as of a date within 90 days of the filing of this report, have concluded that such controls and procedures are adequately designed to ensure that material information required to be disclosed by the registrant in Form N-CSR is accumulated and communicated to the registrant’s management, including the principal executive officer and principal financial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. |
(b) | There was no change in the registrant’s internal control over financial reporting that occurred during the registrant’s second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 12. Exhibits.
(a)(1) Code of ethics required to be disclosed under Item 2 of Form N-CSR: Not applicable for semiannual reports.
(a)(2) Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) attached hereto as Exhibit 99.CERT.
(a)(3) Not applicable.
(b) Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 (17 CFR 270.30a-2(b)) attached hereto as Exhibit 99.906CERT.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(registrant) | Columbia Acorn Trust |
By (Signature and Title) | /s/ P. Zachary Egan | |
P. Zachary Egan, President and Principal Executive Officer |
Date | August 21, 2017 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title) | /s/ P. Zachary Egan | |
P. Zachary Egan, President and Principal Executive Officer |
Date | August 21, 2017 |
By (Signature and Title) | /s/ John M. Kunka | |
John M. Kunka, Treasurer and Principal Accounting and Financial Officer |
Date | August 21, 2017 |