UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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)
71 S Wacker Dr.
Suite 2500
Chicago, IL 60606, USA
(Address of principal executive offices) (Zip code)
Ryan C. Larrenaga
c/o Columbia Management
Investment Advisers, LLC
225 Franklin Street
Boston, MA 02110
Matthew Litfin
Columbia Acorn Trust
71 S Wacker Dr.
Suite 2500
Chicago, IL 60606, USA
Mary C. Moynihan
Perkins Coie LLP
700 13th Street, NW
Suite 800
Washington, DC 20005
(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, 2020
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, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Item 1. Reports to Stockholders.
June 30, 2020
Acorn® Fund
Acorn International®
Acorn USA®
Acorn International SelectSM
Acorn SelectSM
Thermostat FundSM
Acorn Emerging Markets FundSM
Acorn European FundSM
3 | |
5 | |
7 | |
9 | |
11 | |
13 | |
15 | |
17 | |
19 | |
21 | |
24 | |
52 | |
56 | |
58 | |
66 | |
98 | |
119 | |
124 | |
125 | |
126 |
Columbia Acorn® Fund (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2020) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life of Fund | ||
Class A | Excluding sales charges | 10/16/00 | 0.93 | 5.33 | 8.88 | 12.00 | 13.67 |
Including sales charges | -4.84 | -0.69 | 7.60 | 11.34 | 13.53 | ||
Advisor Class | 11/08/12 | 1.03 | 5.57 | 9.12 | 12.28 | 14.02 | |
Class C | Excluding sales charges | 10/16/00 | 0.69 | 4.57 | 8.09 | 11.18 | 12.81 |
Including sales charges | -0.14 | 3.88 | 8.09 | 11.18 | 12.81 | ||
Institutional Class | 06/10/70 | 1.01 | 5.52 | 9.15 | 12.30 | 14.03 | |
Institutional 2 Class | 11/08/12 | 1.01 | 5.58 | 9.18 | 12.33 | 14.03 | |
Institutional 3 Class | 11/08/12 | 1.07 | 5.65 | 9.25 | 12.38 | 14.04 | |
Russell 2500 Growth Index | 2.02 | 9.21 | 9.57 | 14.45 | - |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 3 |
Columbia Acorn® Fund (Unaudited)
Portfolio breakdown (%) (at June 30, 2020) | |
Common Stocks | 97.9 |
Money Market Funds | 1.3 |
Securities Lending Collateral | 0.8 |
Total | 100.0 |
Equity sector breakdown (%) (at June 30, 2020) | |
Communication Services | 2.7 |
Consumer Discretionary | 13.0 |
Consumer Staples | 1.2 |
Financials | 5.5 |
Health Care | 34.0 |
Industrials | 15.1 |
Information Technology | 23.9 |
Materials | 1.6 |
Real Estate | 3.0 |
Total | 100.0 |
4 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn International® (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2020) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life of Fund | ||
Class A | Excluding sales charges | 10/16/00 | -9.12 | -0.53 | 3.54 | 6.82 | 9.18 |
Including sales charges | -14.35 | -6.25 | 2.32 | 6.19 | 8.94 | ||
Advisor Class | 11/08/12 | -8.99 | -0.26 | 3.78 | 7.10 | 9.55 | |
Class C | Excluding sales charges | 10/16/00 | -9.46 | -1.26 | 2.76 | 6.02 | 8.37 |
Including sales charges | -10.32 | -2.15 | 2.76 | 6.02 | 8.37 | ||
Institutional Class | 09/23/92 | -8.99 | -0.26 | 3.80 | 7.13 | 9.57 | |
Institutional 2 Class | 08/02/11 | -8.97 | -0.20 | 3.85 | 7.17 | 9.57 | |
Institutional 3 Class | 11/08/12 | -8.93 | -0.15 | 3.91 | 7.21 | 9.59 | |
Class R | 08/02/11 | -9.20 | -0.76 | 3.25 | 6.50 | 8.89 | |
MSCI ACWI ex USA SMID Cap Growth Index (Net) | -6.44 | 1.89 | 4.35 | 6.78 | - | ||
MSCI ACWI ex USA SMID Cap Index (Net) | -12.69 | -5.13 | 2.41 | 5.72 | - |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 5 |
Columbia Acorn International® (Unaudited)
Equity sector breakdown (%) (at June 30, 2020) | |
Communication Services | 7.0 |
Consumer Discretionary | 8.6 |
Consumer Staples | 4.5 |
Energy | 1.0 |
Financials | 7.7 |
Health Care | 12.1 |
Industrials | 23.9 |
Information Technology | 23.4 |
Materials | 6.5 |
Real Estate | 5.3 |
Total | 100.0 |
Country breakdown (%) (at June 30, 2020) | |
Australia | 5.5 |
Austria | 0.5 |
Brazil | 2.3 |
Cambodia | 0.8 |
Canada | 4.0 |
China | 2.2 |
Cyprus | 0.0(a) |
Denmark | 1.6 |
France | 1.2 |
Germany | 5.8 |
Hong Kong | 1.3 |
Country breakdown (%) (at June 30, 2020) | |
India | 1.4 |
Ireland | 1.6 |
Israel | 0.6 |
Italy | 3.5 |
Japan | 20.2 |
Malta | 0.8 |
Mexico | 0.5 |
Netherlands | 3.8 |
New Zealand | 1.2 |
Russian Federation | 0.9 |
Singapore | 0.9 |
South Africa | 0.3 |
South Korea | 2.1 |
Spain | 2.2 |
Sweden | 9.0 |
Switzerland | 3.2 |
Taiwan | 4.1 |
Thailand | 0.8 |
United Kingdom | 11.9 |
United States(b) | 5.8 |
Total | 100.0 |
(a) | Rounds to zero. |
(b) | Includes investments in Money Market Funds. |
6 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn USA® (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2020) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life of Fund | ||
Class A | Excluding sales charges | 10/16/00 | -7.66 | 1.11 | 7.84 | 12.17 | 9.98 |
Including sales charges | -12.95 | -4.68 | 6.57 | 11.51 | 9.71 | ||
Advisor Class | 11/08/12 | -7.51 | 1.39 | 8.11 | 12.47 | 10.33 | |
Class C | Excluding sales charges | 10/16/00 | -8.15 | 0.30 | 7.02 | 11.34 | 9.17 |
Including sales charges | -8.99 | -0.42 | 7.02 | 11.34 | 9.17 | ||
Institutional Class | 09/04/96 | -7.55 | 1.35 | 8.11 | 12.46 | 10.33 | |
Institutional 2 Class | 11/08/12 | -7.57 | 1.38 | 8.20 | 12.53 | 10.36 | |
Institutional 3 Class | 11/08/12 | -7.48 | 1.49 | 8.26 | 12.57 | 10.38 | |
Russell 2000 Growth Index | -3.06 | 3.48 | 6.86 | 12.92 | - |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 7 |
Columbia Acorn USA® (Unaudited)
Portfolio breakdown (%) (at June 30, 2020) | |
Common Stocks | 95.9 |
Limited Partnerships | 0.5 |
Money Market Funds | 2.1 |
Securities Lending Collateral | 1.5 |
Total | 100.0 |
Equity sector breakdown (%) (at June 30, 2020) | |
Consumer Discretionary | 16.4 |
Consumer Staples | 5.1 |
Financials | 8.3 |
Health Care | 32.0 |
Industrials | 15.6 |
Information Technology | 18.0 |
Materials | 1.3 |
Real Estate | 3.3 |
Total | 100.0 |
8 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn International SelectSM (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2020) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life of Fund | ||
Class A | Excluding sales charges | 10/16/00 | -6.29 | 1.43 | 7.29 | 8.07 | 8.15 |
Including sales charges | -11.67 | -4.39 | 6.03 | 7.43 | 7.86 | ||
Advisor Class | 11/08/12 | -6.18 | 1.67 | 7.57 | 8.37 | 8.48 | |
Class C | Excluding sales charges | 10/16/00 | -6.61 | 0.66 | 6.48 | 7.25 | 7.33 |
Including sales charges | -7.54 | -0.27 | 6.48 | 7.25 | 7.33 | ||
Institutional Class | 11/23/98 | -6.17 | 1.68 | 7.56 | 8.38 | 8.49 | |
Institutional 2 Class | 11/08/12 | -6.12 | 1.79 | 7.65 | 8.44 | 8.51 | |
Institutional 3 Class | 11/08/12 | -6.12 | 1.80 | 7.71 | 8.47 | 8.53 | |
MSCI ACWI ex USA Growth Index (Net) | -2.62 | 5.80 | 5.61 | 7.04 | - | ||
MSCI ACWI ex USA Index (Net) | -11.00 | -4.80 | 2.26 | 4.97 | - |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 9 |
Columbia Acorn International SelectSM (Unaudited)
Equity sector breakdown (%) (at June 30, 2020) | |
Communication Services | 12.6 |
Consumer Discretionary | 10.5 |
Financials | 6.1 |
Health Care | 17.0 |
Industrials | 19.2 |
Information Technology | 30.3 |
Materials | 4.3 |
Total | 100.0 |
Country breakdown (%) (at June 30, 2020) | |
Australia | 2.5 |
Brazil | 2.0 |
Canada | 4.3 |
China | 13.0 |
Denmark | 2.5 |
Country breakdown (%) (at June 30, 2020) | |
Germany | 5.0 |
Italy | 4.0 |
Japan | 18.8 |
Netherlands | 5.6 |
New Zealand | 2.5 |
South Korea | 4.2 |
Sweden | 12.9 |
Switzerland | 7.0 |
Taiwan | 2.3 |
United Kingdom | 12.9 |
United States(a) | 0.5 |
Total | 100.0 |
(a) | Includes investments in Money Market Funds. |
10 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn SelectSM (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2020) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life of Fund | ||
Class A | Excluding sales charges | 10/16/00 | 0.38 | 10.94 | 8.27 | 10.46 | 9.60 |
Including sales charges | -5.39 | 4.53 | 7.00 | 9.81 | 9.30 | ||
Advisor Class | 11/08/12 | 0.50 | 11.16 | 8.53 | 10.73 | 9.92 | |
Class C | Excluding sales charges | 10/16/00 | -0.01 | 10.15 | 7.46 | 9.63 | 8.78 |
Including sales charges | -0.96 | 9.25 | 7.46 | 9.63 | 8.78 | ||
Institutional Class | 11/23/98 | 0.46 | 11.10 | 8.54 | 10.75 | 9.93 | |
Institutional 2 Class | 11/08/12 | 0.51 | 11.23 | 8.60 | 10.79 | 9.95 | |
Institutional 3 Class | 11/08/12 | 0.55 | 11.29 | 8.67 | 10.84 | 9.97 | |
Russell 2500 Growth Index | 2.02 | 9.21 | 9.57 | 14.45 | - |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 11 |
Columbia Acorn SelectSM (Unaudited)
Portfolio breakdown (%) (at June 30, 2020) | |
Common Stocks | 97.3 |
Money Market Funds | 2.7 |
Total | 100.0 |
Equity sector breakdown (%) (at June 30, 2020) | |
Communication Services | 3.2 |
Consumer Discretionary | 11.6 |
Consumer Staples | 1.1 |
Financials | 9.1 |
Health Care | 28.0 |
Industrials | 14.5 |
Information Technology | 29.1 |
Real Estate | 3.4 |
Total | 100.0 |
12 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Thermostat FundSM (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2020) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life of Fund | ||
Class A | Excluding sales charges | 03/03/03 | 15.02 | 20.72 | 7.51 | 9.00 | 7.50 |
Including sales charges | 8.43 | 13.77 | 6.24 | 8.36 | 7.14 | ||
Advisor Class | 11/08/12 | 15.17 | 20.98 | 7.78 | 9.27 | 7.77 | |
Class C | Excluding sales charges | 03/03/03 | 14.59 | 19.77 | 6.70 | 8.18 | 6.70 |
Including sales charges | 13.59 | 18.77 | 6.70 | 8.18 | 6.70 | ||
Institutional Class | 09/25/02 | 15.20 | 21.04 | 7.78 | 9.27 | 7.77 | |
Institutional 2 Class | 11/08/12 | 15.22 | 21.08 | 7.82 | 9.30 | 7.79 | |
Institutional 3 Class | 11/08/12 | 15.25 | 21.09 | 7.86 | 9.33 | 7.81 | |
Blended Benchmark | 1.92 | 8.72 | 7.78 | 9.06 | - | ||
S&P 500® Index | -3.08 | 7.51 | 10.73 | 13.99 | - | ||
Bloomberg Barclays U.S. Aggregate Bond Index | 6.14 | 8.74 | 4.30 | 3.82 | - |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 13 |
Columbia Thermostat FundSM (Unaudited)
Portfolio breakdown (%) (at June 30, 2020) | |
Equity Funds | 45.1 |
Exchange-Traded Equity Funds | 5.0 |
Exchange-Traded Fixed Income Funds | 4.9 |
Fixed Income Funds | 44.5 |
Money Market Funds | 0.5 |
Total | 100.0 |
14 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn Emerging Markets FundSM (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2020) | ||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | Life of Fund | ||
Class A | Excluding sales charges | 08/19/11 | -14.29 | -6.80 | -1.34 | 1.84 |
Including sales charges | -19.21 | -12.18 | -2.50 | 1.16 | ||
Advisor Class | 11/08/12 | -14.18 | -6.56 | -1.07 | 2.14 | |
Class C | Excluding sales charges | 08/19/11 | -14.61 | -7.41 | -2.06 | 1.10 |
Including sales charges | -15.47 | -8.34 | -2.06 | 1.10 | ||
Institutional Class | 08/19/11 | -14.19 | -6.59 | -1.08 | 2.12 | |
Institutional 2 Class | 11/08/12 | -14.08 | -6.38 | -0.96 | 2.21 | |
Institutional 3 Class | 06/13/13 | -14.12 | -6.44 | -0.94 | 2.23 | |
MSCI Emerging Markets SMID Cap Index (Net) | -13.38 | -9.55 | -0.59 | 0.38 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 15 |
Columbia Acorn Emerging Markets FundSM (Unaudited)
Equity sector breakdown (%) (at June 30, 2020) | |
Communication Services | 2.8 |
Consumer Discretionary | 16.9 |
Consumer Staples | 7.7 |
Energy | 4.6 |
Financials | 16.3 |
Health Care | 5.8 |
Industrials | 16.5 |
Information Technology | 24.9 |
Real Estate | 4.5 |
Total | 100.0 |
Country breakdown (%) (at June 30, 2020) | |
Cambodia | 4.2 |
Canada | 4.2 |
China | 20.5 |
Cyprus | 1.9 |
Hong Kong | 9.6 |
Indonesia | 0.8 |
Mexico | 7.2 |
Russian Federation | 1.7 |
South Korea | 9.6 |
Taiwan | 22.8 |
Thailand | 8.5 |
United States(a) | 9.0 |
Total | 100.0 |
(a) | Includes investments in Money Market Funds. |
16 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn European FundSM (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2020) | ||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | Life of Fund | ||
Class A | Excluding sales charges | 08/19/11 | -6.50 | 5.33 | 7.58 | 9.62 |
Including sales charges | -11.87 | -0.73 | 6.31 | 8.89 | ||
Advisor Class | 06/25/14 | -6.41 | 5.56 | 7.86 | 9.91 | |
Class C | Excluding sales charges | 08/19/11 | -6.88 | 4.49 | 6.78 | 8.81 |
Including sales charges | -7.81 | 3.49 | 6.78 | 8.81 | ||
Institutional Class | 08/19/11 | -6.44 | 5.53 | 7.84 | 9.90 | |
Institutional 2 Class | 11/08/12 | -6.37 | 5.62 | 7.91 | 9.93 | |
Institutional 3 Class | 03/01/17 | -6.38 | 5.65 | 7.90 | 9.93 | |
MSCI AC Europe Small Cap Index (Net) | -15.42 | -5.43 | 3.05 | 7.95 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 17 |
Columbia Acorn European FundSM (Unaudited)
Equity sector breakdown (%) (at June 30, 2020) | |
Communication Services | 4.2 |
Consumer Discretionary | 4.2 |
Consumer Staples | 1.6 |
Financials | 6.7 |
Health Care | 16.5 |
Industrials | 36.6 |
Information Technology | 23.2 |
Materials | 4.7 |
Real Estate | 2.3 |
Total | 100.0 |
Country breakdown (%) (at June 30, 2020) | |
Denmark | 4.3 |
France | 4.1 |
Germany | 12.0 |
Ireland | 2.0 |
Italy | 7.7 |
Malta | 1.3 |
Netherlands | 4.6 |
Spain | 2.8 |
Sweden | 23.1 |
Switzerland | 9.4 |
Ukraine | 0.5 |
United Kingdom | 24.6 |
United States(a) | 3.6 |
Total | 100.0 |
(a) | Includes investments in Money Market Funds. |
18 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Fund | Ordinary income | Short-term capital gain | Long-term capital gain | Record date | Ex-dividend date | Payable date |
Columbia Acorn® Fund | ||||||
Class A | None | None | 0.70274 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Advisor Class | None | None | 0.70274 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Class C | None | None | 0.70274 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional Class | None | None | 0.70274 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 2 Class | None | None | 0.70274 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 3 Class | None | None | 0.70274 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Columbia Acorn International® | ||||||
Class A | 0.19891 | None | 1.36216 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Advisor Class | 0.19891 | None | 1.36216 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Class C | 0.19891 | None | 1.36216 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional Class | 0.19891 | None | 1.36216 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 2 Class | 0.19891 | None | 1.36216 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 3 Class | 0.19891 | None | 1.36216 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Class R | 0.19891 | None | 1.36216 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Columbia Acorn USA® | ||||||
Class A | None | None | 0.33065 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Advisor Class | None | None | 0.33065 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Class C | None | None | 0.33065 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional Class | None | None | 0.33065 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 2 Class | None | None | 0.33065 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 3 Class | None | None | 0.33065 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Columbia Acorn International SelectSM | ||||||
Class A | 0.09198 | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Advisor Class | 0.09198 | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Class C | 0.09198 | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional Class | 0.09198 | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 2 Class | 0.09198 | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 3 Class | 0.09198 | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Columbia Acorn SelectSM | ||||||
Class A | 0.02174 | None | 0.30882 | 4/20/2020 | 4/21/2020 | 4/21/2020 |
Advisor Class | 0.05462 | None | 0.30882 | 4/20/2020 | 4/21/2020 | 4/21/2020 |
Class C | 0.00000 | None | 0.30882 | 4/20/2020 | 4/21/2020 | 4/21/2020 |
Institutional Class | 0.05462 | None | 0.30882 | 4/20/2020 | 4/21/2020 | 4/21/2020 |
Institutional 2 Class | 0.06383 | None | 0.30882 | 4/20/2020 | 4/21/2020 | 4/21/2020 |
Institutional 3 Class | 0.07040 | None | 0.30882 | 4/20/2020 | 4/21/2020 | 4/21/2020 |
Columbia Thermostat FundSM | ||||||
Class A | 0.01036 | 0.09863 | 0.09479 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Advisor Class | 0.01036 | 0.09863 | 0.09479 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Class C | 0.01036 | 0.09863 | 0.09479 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional Class | 0.01036 | 0.09863 | 0.09479 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 2 Class | 0.01036 | 0.09863 | 0.09479 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 3 Class | 0.01036 | 0.09863 | 0.09479 | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 19 |
Fund | Ordinary income | Short-term capital gain | Long-term capital gain | Record date | Ex-dividend date | Payable date |
Columbia Acorn Emerging Markets FundSM | ||||||
Class A | None | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Advisor Class | None | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Class C | None | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional Class | None | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 2 Class | None | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 3 Class | None | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Columbia Acorn European FundSM | ||||||
Class A | 0.12517 | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Advisor Class | 0.12517 | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Class C | 0.12517 | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional Class | 0.12517 | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 2 Class | 0.12517 | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
Institutional 3 Class | 0.12517 | None | None | 6/9/2020 | 6/10/2020 | 6/10/2020 |
20 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
(Unaudited)
January 1, 2020 — June 30, 2020 | |||||||
Account value at the beginning of the period ($) | Account value at the end of the period ($) | Expenses paid during the period ($) | Fund’s annualized expense ratio (%) | ||||
Actual | Hypothetical | Actual | Hypothetical | Actual | Hypothetical | Actual | |
Columbia Acorn® Fund | |||||||
Class A | 1,000.00 | 1,000.00 | 1,009.30 | 1,019.34 | 5.55 | 5.57 | 1.11 |
Advisor Class | 1,000.00 | 1,000.00 | 1,010.30 | 1,020.59 | 4.30 | 4.32 | 0.86 |
Class C | 1,000.00 | 1,000.00 | 1,006.90 | 1,015.61 | 9.28 | 9.32 | 1.86 |
Institutional Class | 1,000.00 | 1,000.00 | 1,010.10 | 1,020.59 | 4.30 | 4.32 | 0.86 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 1,010.10 | 1,020.79 | 4.10 | 4.12 | 0.82 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 1,010.70 | 1,020.98 | 3.90 | 3.92 | 0.78 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 21 |
(Unaudited)
January 1, 2020 — June 30, 2020 | |||||||
Account value at the beginning of the period ($) | 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 | 908.80 | 1,018.70 | 5.88 | 6.22 | 1.24 |
Advisor Class | 1,000.00 | 1,000.00 | 910.10 | 1,019.94 | 4.70 | 4.97 | 0.99 |
Class C | 1,000.00 | 1,000.00 | 905.40 | 1,014.97 | 9.43 | 9.97 | 1.99 |
Institutional Class | 1,000.00 | 1,000.00 | 910.10 | 1,019.94 | 4.70 | 4.97 | 0.99 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 910.30 | 1,020.29 | 4.37 | 4.62 | 0.92 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 910.70 | 1,020.49 | 4.18 | 4.42 | 0.88 |
Class R | 1,000.00 | 1,000.00 | 908.00 | 1,017.45 | 7.07 | 7.47 | 1.49 |
Columbia Acorn USA® | |||||||
Class A | 1,000.00 | 1,000.00 | 923.40 | 1,017.85 | 6.74 | 7.07 | 1.41 |
Advisor Class | 1,000.00 | 1,000.00 | 924.90 | 1,019.10 | 5.55 | 5.82 | 1.16 |
Class C | 1,000.00 | 1,000.00 | 918.50 | 1,014.12 | 10.30 | 10.82 | 2.16 |
Institutional Class | 1,000.00 | 1,000.00 | 924.50 | 1,019.10 | 5.55 | 5.82 | 1.16 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 924.30 | 1,019.49 | 5.17 | 5.42 | 1.08 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 925.20 | 1,019.69 | 4.98 | 5.22 | 1.04 |
Columbia Acorn International SelectSM | |||||||
Class A | 1,000.00 | 1,000.00 | 937.10 | 1,018.45 | 6.21 | 6.47 | 1.29 |
Advisor Class | 1,000.00 | 1,000.00 | 938.20 | 1,019.69 | 5.01 | 5.22 | 1.04 |
Class C | 1,000.00 | 1,000.00 | 933.90 | 1,014.72 | 9.81 | 10.22 | 2.04 |
Institutional Class | 1,000.00 | 1,000.00 | 938.30 | 1,019.69 | 5.01 | 5.22 | 1.04 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 938.80 | 1,020.09 | 4.63 | 4.82 | 0.96 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 938.80 | 1,020.34 | 4.39 | 4.57 | 0.91 |
Columbia Acorn SelectSM | |||||||
Class A | 1,000.00 | 1,000.00 | 1,003.80 | 1,018.90 | 5.98 | 6.02 | 1.20 |
Advisor Class | 1,000.00 | 1,000.00 | 1,005.00 | 1,020.19 | 4.69 | 4.72 | 0.94 |
Class C | 1,000.00 | 1,000.00 | 999.90 | 1,015.22 | 9.65 | 9.72 | 1.94 |
Institutional Class | 1,000.00 | 1,000.00 | 1,004.60 | 1,020.14 | 4.73 | 4.77 | 0.95 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 1,005.10 | 1,020.54 | 4.34 | 4.37 | 0.87 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 1,005.50 | 1,020.89 | 3.99 | 4.02 | 0.80 |
Columbia Acorn Emerging Markets FundSM | |||||||
Class A | 1,000.00 | 1,000.00 | 857.10 | 1,017.16 | 7.16 | 7.77 | 1.55 |
Advisor Class | 1,000.00 | 1,000.00 | 858.20 | 1,018.40 | 6.01 | 6.52 | 1.30 |
Class C | 1,000.00 | 1,000.00 | 853.90 | 1,013.43 | 10.60 | 11.51 | 2.30 |
Institutional Class | 1,000.00 | 1,000.00 | 858.10 | 1,018.40 | 6.01 | 6.52 | 1.30 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 859.20 | 1,018.75 | 5.69 | 6.17 | 1.23 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 858.80 | 1,018.95 | 5.50 | 5.97 | 1.19 |
Columbia Acorn European FundSM | |||||||
Class A | 1,000.00 | 1,000.00 | 935.00 | 1,017.65 | 6.98 | 7.27 | 1.45 |
Advisor Class | 1,000.00 | 1,000.00 | 935.90 | 1,018.90 | 5.78 | 6.02 | 1.20 |
Class C | 1,000.00 | 1,000.00 | 931.20 | 1,013.92 | 10.56 | 11.02 | 2.20 |
Institutional Class | 1,000.00 | 1,000.00 | 935.60 | 1,018.90 | 5.78 | 6.02 | 1.20 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 936.30 | 1,019.19 | 5.49 | 5.72 | 1.14 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 936.20 | 1,019.44 | 5.25 | 5.47 | 1.09 |
22 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
(Unaudited)
January 1, 2020 — June 30, 2020 | ||||||||||
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 | 1,150.20 | 1,022.38 | 2.67 | 2.51 | 0.50 | 4.81 | 4.53 | 0.90 |
Advisor Class | 1,000.00 | 1,000.00 | 1,151.70 | 1,023.62 | 1.34 | 1.26 | 0.25 | 3.48 | 3.27 | 0.65 |
Class C | 1,000.00 | 1,000.00 | 1,145.90 | 1,018.65 | 6.67 | 6.27 | 1.25 | 8.80 | 8.28 | 1.65 |
Institutional Class | 1,000.00 | 1,000.00 | 1,152.00 | 1,023.62 | 1.34 | 1.26 | 0.25 | 3.48 | 3.27 | 0.65 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 1,152.20 | 1,023.82 | 1.12 | 1.06 | 0.21 | 3.26 | 3.07 | 0.61 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 1,152.50 | 1,024.02 | 0.91 | 0.86 | 0.17 | 3.05 | 2.87 | 0.57 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 23 |
Columbia Acorn® Fund, June 30, 2020 (Unaudited)
Common Stocks 98.4% | ||
Issuer | Shares | Value ($) |
Communication Services 2.6% | ||
Entertainment 2.6% | ||
Take-Two Interactive Software, Inc.(a) | 382,000 | 53,315,740 |
Zynga, Inc., Class A(a) | 5,049,000 | 48,167,460 |
Total | 101,483,200 | |
Total Communication Services | 101,483,200 | |
Consumer Discretionary 12.8% | ||
Diversified Consumer Services 3.4% | ||
Bright Horizons Family Solutions, Inc.(a) | 399,432 | 46,813,430 |
Chegg, Inc.(a) | 721,118 | 48,502,397 |
Grand Canyon Education, Inc.(a) | 401,887 | 36,382,830 |
Total | 131,698,657 | |
Hotels, Restaurants & Leisure 2.5% | ||
Chipotle Mexican Grill, Inc.(a) | 21,807 | 22,948,814 |
DraftKings, Inc., Class A(a),(b) | 571,000 | 18,991,460 |
Planet Fitness, Inc., Class A(a) | 478,000 | 28,952,460 |
Wingstop, Inc. | 181,904 | 25,279,199 |
Total | 96,171,933 | |
Household Durables 3.2% | ||
Helen of Troy Ltd.(a) | 207,197 | 39,069,066 |
NVR, Inc.(a) | 14,600 | 47,577,750 |
Skyline Champion Corp.(a) | 1,569,405 | 38,199,318 |
Total | 124,846,134 | |
Specialty Retail 3.3% | ||
Five Below, Inc.(a) | 336,614 | 35,987,403 |
Tractor Supply Co. | 393,448 | 51,852,512 |
Williams-Sonoma, Inc. | 475,000 | 38,954,750 |
Total | 126,794,665 | |
Textiles, Apparel & Luxury Goods 0.4% | ||
Carter’s, Inc. | 221,900 | 17,907,330 |
Total Consumer Discretionary | 497,418,719 | |
Consumer Staples 1.1% | ||
Household Products 1.1% | ||
WD-40 Co. | 221,809 | 43,984,725 |
Total Consumer Staples | 43,984,725 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Financials 5.4% | ||
Banks 0.8% | ||
SVB Financial Group(a) | 154,768 | 33,357,147 |
Capital Markets 3.8% | ||
Ares Management Corp., Class A | 1,638,335 | 65,041,899 |
Hamilton Lane, Inc., Class A | 343,000 | 23,107,910 |
Houlihan Lokey, Inc. | 456,342 | 25,390,869 |
Raymond James Financial, Inc. | 472,123 | 32,496,226 |
Total | 146,036,904 | |
Consumer Finance 0.8% | ||
FirstCash, Inc. | 465,000 | 31,378,200 |
Total Financials | 210,772,251 | |
Health Care 33.5% | ||
Biotechnology 12.7% | ||
ACADIA Pharmaceuticals, Inc.(a) | 1,074,882 | 52,099,531 |
Acceleron Pharma, Inc.(a) | 268,000 | 25,532,360 |
Anika Therapeutics, Inc.(a) | 648,943 | 24,484,620 |
Argenx SE, ADR(a) | 240,801 | 54,235,609 |
CRISPR Therapeutics AG(a) | 782,561 | 57,510,408 |
Enanta Pharmaceuticals, Inc.(a) | 334,000 | 16,770,140 |
Exact Sciences Corp.(a) | 546,000 | 47,469,240 |
Immunomedics, Inc.(a) | 1,143,878 | 40,539,036 |
Insmed, Inc.(a) | 1,249,000 | 34,397,460 |
Kiniksa Pharmaceuticals Ltd., Class A(a) | 851,825 | 21,704,501 |
Mirati Therapeutics, Inc.(a) | 260,255 | 29,713,313 |
Natera, Inc.(a) | 750,000 | 37,395,000 |
Sarepta Therapeutics, Inc.(a) | 304,517 | 48,826,256 |
Total | 490,677,474 | |
Health Care Equipment & Supplies 8.9% | ||
Globus Medical, Inc., Class A(a) | 1,016,000 | 48,473,360 |
Haemonetics Corp.(a) | 250,000 | 22,390,000 |
Hill-Rom Holdings, Inc. | 283,800 | 31,155,564 |
Masimo Corp.(a) | 323,302 | 73,709,623 |
Penumbra, Inc.(a) | 217,190 | 38,837,916 |
STERIS PLC | 291,209 | 44,683,109 |
Tactile Systems Technology, Inc.(a) | 364,687 | 15,108,982 |
24 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn® Fund, June 30, 2020 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Varian Medical Systems, Inc.(a) | 252,364 | 30,919,637 |
West Pharmaceutical Services, Inc. | 175,000 | 39,754,750 |
Total | 345,032,941 | |
Health Care Providers & Services 4.0% | ||
Amedisys, Inc.(a) | 187,300 | 37,186,542 |
Chemed Corp. | 116,338 | 52,476,582 |
Encompass Health Corp. | 640,243 | 39,650,249 |
HealthEquity, Inc.(a) | 415,000 | 24,348,050 |
Total | 153,661,423 | |
Health Care Technology 1.2% | ||
Livongo Health, Inc.(a),(b) | 639,852 | 48,110,472 |
Life Sciences Tools & Services 4.5% | ||
10X Genomics, Inc., Class A(a) | 295,000 | 26,346,450 |
Bio-Rad Laboratories, Inc., Class A(a) | 82,000 | 37,022,180 |
Bio-Techne Corp. | 179,802 | 47,480,314 |
Pra Health Sciences, Inc.(a) | 379,340 | 36,905,989 |
Repligen Corp.(a) | 218,000 | 26,946,980 |
Total | 174,701,913 | |
Pharmaceuticals 2.2% | ||
Horizon Therapeutics PLC(a) | 629,089 | 34,964,767 |
Reata Pharmaceuticals, Inc., Class A(a) | 191,871 | 29,935,713 |
Theravance Biopharma, Inc.(a) | 963,892 | 20,232,093 |
Total | 85,132,573 | |
Total Health Care | 1,297,316,796 | |
Industrials 14.9% | ||
Aerospace & Defense 2.4% | ||
BWX Technologies, Inc. | 709,000 | 40,157,760 |
Curtiss-Wright Corp. | 415,000 | 37,051,200 |
HEICO Corp., Class A | 201,272 | 16,351,337 |
Total | 93,560,297 | |
Building Products 1.4% | ||
Allegion PLC | 542,420 | 55,446,172 |
Commercial Services & Supplies 1.6% | ||
Copart, Inc.(a) | 430,000 | 35,806,100 |
Unifirst Corp. | 138,000 | 24,695,100 |
Total | 60,501,200 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Electrical Equipment 0.9% | ||
Atkore International Group, Inc.(a) | 1,228,496 | 33,599,366 |
Machinery 5.5% | ||
Donaldson Co., Inc. | 550,000 | 25,586,000 |
Graco, Inc. | 612,836 | 29,410,000 |
IDEX Corp. | 188,000 | 29,711,520 |
ITT, Inc. | 739,070 | 43,412,972 |
SPX Corp.(a) | 1,318,635 | 54,261,830 |
Toro Co. (The) | 483,510 | 32,076,053 |
Total | 214,458,375 | |
Professional Services 1.4% | ||
Exponent, Inc. | 648,000 | 52,442,640 |
Road & Rail 0.7% | ||
Old Dominion Freight Line, Inc. | 156,310 | 26,508,613 |
Trading Companies & Distributors 1.0% | ||
Watsco, Inc. | 224,750 | 39,938,075 |
Total Industrials | 576,454,738 | |
Information Technology 23.5% | ||
Electronic Equipment, Instruments & Components 2.9% | ||
CDW Corp. | 429,372 | 49,884,439 |
Dolby Laboratories, Inc., Class A | 483,000 | 31,815,210 |
ePlus, Inc.(a) | 424,122 | 29,976,943 |
Total | 111,676,592 | |
IT Services 7.1% | ||
Booz Allen Hamilton Holdings Corp. | 557,985 | 43,405,653 |
EPAM Systems, Inc.(a) | 257,012 | 64,769,594 |
Gartner, Inc.(a) | 154,100 | 18,696,953 |
GoDaddy, Inc., Class A(a) | 325,000 | 23,832,250 |
Jack Henry & Associates, Inc. | 343,500 | 63,214,305 |
VeriSign, Inc.(a) | 126,000 | 26,060,580 |
Wix.com Ltd.(a) | 137,400 | 35,204,628 |
Total | 275,183,963 | |
Semiconductors & Semiconductor Equipment 2.7% | ||
Cabot Microelectronics Corp. | 163,000 | 22,745,020 |
MKS Instruments, Inc. | 294,294 | 33,325,853 |
Teradyne, Inc. | 584,061 | 49,358,995 |
Total | 105,429,868 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 25 |
Columbia Acorn® Fund, June 30, 2020 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Software 10.8% | ||
Alteryx, Inc., Class A(a) | 314,752 | 51,707,459 |
Anaplan, Inc.(a) | 615,000 | 27,865,650 |
ANSYS, Inc.(a) | 81,417 | 23,751,781 |
Blackline, Inc.(a) | 614,977 | 50,987,743 |
Cadence Design Systems, Inc.(a) | 287,000 | 27,540,520 |
CyberArk Software Ltd.(a) | 216,638 | 21,505,654 |
Elastic NV(a) | 388,000 | 35,777,480 |
Manhattan Associates, Inc.(a) | 589,760 | 55,555,392 |
Mimecast Ltd.(a) | 939,465 | 39,138,112 |
Qualys, Inc.(a) | 276,637 | 28,775,781 |
Zscaler, Inc.(a) | 524,176 | 57,397,272 |
Total | 420,002,844 | |
Total Information Technology | 912,293,267 | |
Materials 1.6% | ||
Chemicals 0.6% | ||
PolyOne Corp. | 958,000 | 25,128,340 |
Containers & Packaging 1.0% | ||
Avery Dennison Corp. | 324,021 | 36,967,556 |
Total Materials | 62,095,896 | |
Real Estate 3.0% | ||
Equity Real Estate Investment Trusts (REITS) 1.9% | ||
Americold Realty Trust | 1,099,532 | 39,913,012 |
Equity Commonwealth | 1,064,300 | 34,270,460 |
Total | 74,183,472 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Real Estate Management & Development 1.1% | ||
Colliers International Group, Inc. | 317,374 | 18,188,704 |
FirstService Corp. | 217,000 | 21,862,750 |
Total | 40,051,454 | |
Total Real Estate | 114,234,926 | |
Total Common Stocks (Cost $2,893,357,971) | 3,816,054,518 | |
Securities Lending Collateral 0.8% | ||
Dreyfus Government Cash Management Fund, Institutional Shares, 0.092%(c),(d) | 32,820,950 | 32,820,950 |
Total Securities Lending Collateral (Cost $32,820,950) | 32,820,950 | |
Money Market Funds 1.3% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 0.253%(c),(e) | 50,266,718 | 50,266,718 |
Total Money Market Funds (Cost $50,251,246) | 50,266,718 | |
Total Investments in Securities (Cost: $2,976,430,167) | 3,899,142,186 | |
Obligation to Return Collateral for Securities Loaned | (32,820,950) | |
Other Assets & Liabilities, Net | 13,323,419 | |
Net Assets | 3,879,644,655 |
(a) | Non-income producing security. |
(b) | All or a portion of this security was on loan at June 30, 2020. The total market value of securities on loan at June 30, 2020 was $32,941,685. |
(c) | The rate shown is the seven-day current annualized yield at June 30, 2020. |
(d) | Investment made with cash collateral received from securities lending activity. |
(e) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2020 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 0.253% | ||||||||
57,990,784 | 815,220,777 | (822,960,315) | 15,472 | 50,266,718 | (64,059) | 482,021 | 50,266,718 |
26 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn® Fund, June 30, 2020 (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 ($) | Level 2 ($) | Level 3 ($) | Total ($) | |
Investments in Securities | ||||
Common Stocks | ||||
Communication Services | 101,483,200 | — | — | 101,483,200 |
Consumer Discretionary | 497,418,719 | — | — | 497,418,719 |
Consumer Staples | 43,984,725 | — | — | 43,984,725 |
Financials | 210,772,251 | — | — | 210,772,251 |
Health Care | 1,297,316,796 | — | — | 1,297,316,796 |
Industrials | 576,454,738 | — | — | 576,454,738 |
Information Technology | 912,293,267 | — | — | 912,293,267 |
Materials | 62,095,896 | — | — | 62,095,896 |
Real Estate | 114,234,926 | — | — | 114,234,926 |
Total Common Stocks | 3,816,054,518 | — | — | 3,816,054,518 |
Securities Lending Collateral | 32,820,950 | — | — | 32,820,950 |
Money Market Funds | 50,266,718 | — | — | 50,266,718 |
Total Investments in Securities | 3,899,142,186 | — | — | 3,899,142,186 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 27 |
Columbia Acorn International®, June 30, 2020 (Unaudited)
Common Stocks 96.3% | ||
Issuer | Shares | Value ($) |
Australia 5.5% | ||
carsales.com Ltd. | 3,357,523 | 41,562,171 |
Cleanaway Waste Management Ltd. | 13,423,503 | 20,610,118 |
Evolution Mining Ltd. | 3,469,000 | 13,780,570 |
National Storage REIT | 19,549,881 | 25,019,204 |
Technology One Ltd. | 3,703,433 | 22,695,909 |
Total | 123,667,972 | |
Austria 0.5% | ||
S&T AG(a) | 435,000 | 11,192,292 |
Brazil 2.3% | ||
Notre Dame Intermedica Participacoes SA | 1,033,000 | 13,002,492 |
Sul America SA | 2,248,400 | 18,886,543 |
TOTVS SA | 4,674,400 | 20,113,819 |
Total | 52,002,854 | |
Cambodia 0.8% | ||
NagaCorp Ltd. | 14,602,000 | 17,033,965 |
Canada 4.0% | ||
Agnico Eagle Mines Ltd. | 480,131 | 30,743,804 |
CCL Industries, Inc. | 662,003 | 21,397,092 |
Parex Resources, Inc.(a) | 970,300 | 11,692,772 |
Pason Systems, Inc. | 1,887,709 | 10,317,325 |
Winpak Ltd. | 486,262 | 14,896,609 |
Total | 89,047,602 | |
China 2.2% | ||
51job, Inc., ADR(a) | 211,000 | 15,147,690 |
A-Living Services Co., Ltd. | 4,384,000 | 22,280,248 |
Shenzhou International Group Holdings Ltd. | 971,000 | 11,804,655 |
Total | 49,232,593 | |
Cyprus 0.0% | ||
TCS Group Holding PLC, GDR | 49,482 | 1,004,485 |
Denmark 1.6% | ||
SimCorp AS | 337,852 | 36,539,488 |
France 1.2% | ||
Akka Technologies | 386,662 | 12,506,992 |
Robertet SA(a) | 13,230 | 13,882,720 |
Total | 26,389,712 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Germany 5.8% | ||
Corestate Capital Holding SA(a),(b) | 522,206 | 10,618,282 |
Eckert & Ziegler Strahlen- und Medizintechnik AG | 128,318 | 21,490,314 |
Hypoport SE(a) | 72,624 | 32,305,657 |
Nemetschek SE | 425,880 | 29,263,176 |
TeamViewer AG(a) | 662,189 | 36,156,896 |
Total | 129,834,325 | |
Hong Kong 1.3% | ||
Vitasoy International Holdings Ltd.(b) | 7,378,000 | 28,358,870 |
India 1.4% | ||
Cholamandalam Investment and Finance Co., Ltd. | 7,087,056 | 17,775,816 |
Zee Entertainment Enterprises Ltd. | 5,618,278 | 12,763,264 |
Total | 30,539,080 | |
Ireland 1.6% | ||
UDG Healthcare PLC | 4,105,015 | 36,485,959 |
Israel 0.6% | ||
CyberArk Software Ltd.(a) | 134,000 | 13,302,180 |
Italy 3.5% | ||
Amplifon SpA(a) | 845,394 | 22,584,716 |
GVS SpA(a) | 864,717 | 10,055,120 |
Industria Macchine Automatiche SpA(a),(b) | 458,173 | 27,539,508 |
Nexi SpA(a) | 1,104,000 | 19,143,957 |
Total | 79,323,301 | |
Japan 20.3% | ||
Aica Kogyo Co., Ltd. | 693,200 | 22,780,441 |
Aruhi Corp.(b) | 1,003,000 | 14,331,933 |
Azbil Corp. | 775,240 | 23,694,843 |
CyberAgent, Inc. | 699,200 | 34,368,243 |
Daifuku Co., Ltd. | 299,200 | 26,219,523 |
Daiseki Co., Ltd. | 685,200 | 18,368,257 |
Daiwa Securities Living Investments Corp. | 30,021 | 27,959,271 |
Disco Corp. | 61,700 | 15,047,931 |
Fuso Chemical Co., Ltd. | 261,300 | 9,540,199 |
Glory Ltd. | 734,700 | 16,758,839 |
Hikari Tsushin, Inc. | 175,428 | 40,111,298 |
Invesco Office J-REIT, Inc. | 20,046 | 2,606,087 |
28 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn International®, June 30, 2020 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Lasertec Corp. | 284,000 | 26,846,684 |
Mandom Corp. | 812,200 | 14,998,102 |
MonotaRO Co., Ltd | 377,300 | 15,159,323 |
Nihon M&A Center, Inc. | 300,800 | 13,679,775 |
Nihon Unisys Ltd. | 902,700 | 28,382,003 |
NSD Co., Ltd. | 785,400 | 13,425,625 |
Seiren Co., Ltd. | 797,000 | 10,071,462 |
Sekisui Chemical Co., Ltd. | 2,035,700 | 29,166,965 |
Seria Co., Ltd. | 779,291 | 27,794,764 |
Solasto Corp. | 1,424,600 | 14,194,811 |
Valqua Ltd. | 462,800 | 8,322,022 |
Total | 453,828,401 | |
Malta 0.8% | ||
Kindred Group PLC(a) | 2,993,507 | 18,072,023 |
Mexico 0.5% | ||
Corporación Inmobiliaria Vesta SAB de CV | 7,207,000 | 10,758,214 |
Netherlands 3.9% | ||
Argenx SE, ADR(a) | 162,000 | 36,487,260 |
BE Semiconductor Industries NV | 336,500 | 14,920,317 |
IMCD NV | 372,100 | 35,088,807 |
Total | 86,496,384 | |
New Zealand 1.2% | ||
Fisher & Paykel Healthcare Corp., Ltd. | 1,157,000 | 26,653,592 |
Russian Federation 0.9% | ||
TCS Group Holding PLC, GDR | 942,700 | 19,136,810 |
Singapore 0.9% | ||
Mapletree Commercial Trust | 15,037,100 | 21,040,006 |
South Africa 0.3% | ||
Pepkor Holdings Ltd.(b) | 10,570,000 | 6,691,377 |
South Korea 2.1% | ||
Koh Young Technology, Inc. | 323,054 | 27,000,267 |
Korea Investment Holdings Co., Ltd. | 557,098 | 20,886,242 |
Total | 47,886,509 | |
Spain 2.2% | ||
Befesa SA | 746,454 | 29,109,008 |
Vidrala SA | 219,477 | 20,928,912 |
Total | 50,037,920 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Sweden 9.0% | ||
AddTech AB, Class B | 782,939 | 31,665,939 |
Dometic Group AB(a) | 2,177,397 | 19,676,976 |
Dustin Group AB | 1,016,691 | 5,551,351 |
Hexagon AB, Class B(a) | 699,561 | 41,082,123 |
Munters Group AB(a) | 3,772,682 | 21,268,640 |
Sectra AB, Class B(a) | 265,000 | 15,100,829 |
Sweco AB, Class B | 857,153 | 38,691,551 |
Trelleborg AB, Class B(a) | 1,978,586 | 29,029,356 |
Total | 202,066,765 | |
Switzerland 3.3% | ||
Belimo Holding AG, Registered Shares | 4,122 | 30,505,786 |
Gurit Holding AG | 4,800 | 7,031,061 |
Inficon Holding AG | 45,183 | 35,357,357 |
Total | 72,894,204 | |
Taiwan 4.2% | ||
Grape King Bio Ltd. | 2,718,000 | 17,553,421 |
Parade Technologies Ltd. | 575,000 | 19,272,850 |
Silergy Corp. | 343,000 | 22,469,348 |
Sinbon Electronics Co., Ltd. | 3,588,000 | 18,250,363 |
Voltronic Power Technology Corp. | 528,000 | 15,214,400 |
Total | 92,760,382 | |
Thailand 0.8% | ||
Muangthai Capital PCL, Foreign Registered Shares | 10,453,400 | 17,755,951 |
United Kingdom 12.0% | ||
Abcam PLC | 1,374,000 | 22,694,647 |
Auto Trader Group PLC | 4,209,438 | 27,406,634 |
Dechra Pharmaceuticals PLC | 1,014,687 | 35,740,072 |
Diploma PLC | 522,000 | 11,604,437 |
Genus PLC | 144,000 | 6,303,651 |
Halma PLC | 1,033,631 | 29,448,371 |
Intermediate Capital Group PLC | 1,520,382 | 24,255,912 |
Rentokil Initial PLC | 4,652,043 | 29,415,670 |
Rightmove PLC | 4,994,389 | 33,759,785 |
Safestore Holdings PLC | 1,818,863 | 16,394,482 |
Spirax-Sarco Engineering PLC | 258,025 | 31,765,452 |
Total | 268,789,113 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 29 |
Columbia Acorn International®, June 30, 2020 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
United States 1.6% | ||
Inter Parfums, Inc. | 733,851 | 35,334,926 |
Total Common Stocks (Cost $1,702,104,576) | 2,154,157,255 | |
Securities Lending Collateral 1.0% | ||
Dreyfus Government Cash Management Fund, Institutional Shares, 0.092%(c),(d) | 21,620,386 | 21,620,386 |
Total Securities Lending Collateral (Cost $21,620,386) | 21,620,386 | |
Money Market Funds 3.3% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 0.253%(c),(e) | 73,754,725 | 73,754,725 |
Total Money Market Funds (Cost $73,727,199) | 73,754,725 | |
Total Investments in Securities (Cost $1,797,452,161) | 2,249,532,366 | |
Obligation to Return Collateral for Securities Loaned | (21,620,386) | |
Other Assets & Liabilities, Net | 9,285,142 | |
Net Assets | $2,237,197,122 |
Long futures contracts | ||||||
Description | Number of contracts | Expiration date | Trading currency | Notional amount | Value/Unrealized appreciation ($) | Value/Unrealized depreciation ($) |
MSCI EAFE Index | 618 | 09/2020 | USD | 54,952,560 | 795,705 | — |
MSCI Emerging Markets Index | 242 | 09/2020 | USD | 11,926,970 | 205,107 | — |
Total | 1,000,812 | — |
(a) | Non-income producing security. |
(b) | All or a portion of this security was on loan at June 30, 2020. The total market value of securities on loan at June 30, 2020 was $20,316,271. |
(c) | The rate shown is the seven-day current annualized yield at June 30, 2020. |
(d) | Investment made with cash collateral received from securities lending activity. |
(e) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2020 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 0.253% | ||||||||
55,980,746 | 430,828,445 | (413,081,992) | 27,526 | 73,754,725 | (16,894) | 317,613 | 73,754,725 |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
USD | US Dollar |
■ | 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) |
30 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn International®, June 30, 2020 (Unaudited)
■ | 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 ($) | Level 2 ($) | Level 3 ($) | Total ($) | |
Investments in Securities | ||||
Common Stocks | ||||
Australia | — | 123,667,972 | — | 123,667,972 |
Austria | — | 11,192,292 | — | 11,192,292 |
Brazil | 52,002,854 | — | — | 52,002,854 |
Cambodia | — | 17,033,965 | — | 17,033,965 |
Canada | 89,047,602 | — | — | 89,047,602 |
China | 15,147,690 | 34,084,903 | — | 49,232,593 |
Cyprus | — | 1,004,485 | — | 1,004,485 |
Denmark | — | 36,539,488 | — | 36,539,488 |
France | — | 26,389,712 | — | 26,389,712 |
Germany | — | 129,834,325 | — | 129,834,325 |
Hong Kong | — | 28,358,870 | — | 28,358,870 |
India | — | 30,539,080 | — | 30,539,080 |
Ireland | — | 36,485,959 | — | 36,485,959 |
Israel | 13,302,180 | — | — | 13,302,180 |
Italy | — | 79,323,301 | — | 79,323,301 |
Japan | — | 453,828,401 | — | 453,828,401 |
Malta | — | 18,072,023 | — | 18,072,023 |
Mexico | 10,758,214 | — | — | 10,758,214 |
Netherlands | 36,487,260 | 50,009,124 | — | 86,496,384 |
New Zealand | — | 26,653,592 | — | 26,653,592 |
Russian Federation | — | 19,136,810 | — | 19,136,810 |
Singapore | — | 21,040,006 | — | 21,040,006 |
South Africa | — | 6,691,377 | — | 6,691,377 |
South Korea | — | 47,886,509 | — | 47,886,509 |
Spain | — | 50,037,920 | — | 50,037,920 |
Sweden | — | 202,066,765 | — | 202,066,765 |
Switzerland | — | 72,894,204 | — | 72,894,204 |
Taiwan | — | 92,760,382 | — | 92,760,382 |
Thailand | — | 17,755,951 | — | 17,755,951 |
United Kingdom | — | 268,789,113 | — | 268,789,113 |
United States | 35,334,926 | — | — | 35,334,926 |
Total Common Stocks | 252,080,726 | 1,902,076,529 | — | 2,154,157,255 |
Securities Lending Collateral | 21,620,386 | — | — | 21,620,386 |
Money Market Funds | 73,754,725 | — | — | 73,754,725 |
Total Investments in Securities | 347,455,837 | 1,902,076,529 | — | 2,249,532,366 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 31 |
Columbia Acorn International®, June 30, 2020 (Unaudited)
Level 1 ($) | Level 2 ($) | Level 3 ($) | Total ($) | |
Investments in Derivatives | ||||
Asset | ||||
Futures Contracts | 1,000,812 | — | — | 1,000,812 |
Total | 348,456,649 | 1,902,076,529 | — | 2,250,533,178 |
32 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn USA®, June 30, 2020 (Unaudited)
Common Stocks 96.6% | ||
Issuer | Shares | Value ($) |
Consumer Discretionary 15.3% | ||
Auto Components 1.2% | ||
Dorman Products, Inc.(a) | 27,500 | 1,844,425 |
Visteon Corp.(a) | 21,766 | 1,490,971 |
Total | 3,335,396 | |
Diversified Consumer Services 1.1% | ||
Grand Canyon Education, Inc.(a) | 33,163 | 3,002,246 |
Hotels, Restaurants & Leisure 4.5% | ||
Choice Hotels International, Inc. | 25,783 | 2,034,279 |
Churchill Downs, Inc. | 22,182 | 2,953,533 |
Extended Stay America, Inc. | 180,764 | 2,022,749 |
Planet Fitness, Inc., Class A(a) | 26,200 | 1,586,934 |
Red Rock Resorts, Inc., Class A | 117,000 | 1,276,470 |
Wendy’s Co. (The) | 99,000 | 2,156,220 |
Total | 12,030,185 | |
Household Durables 3.3% | ||
Helen of Troy Ltd.(a) | 31,102 | 5,864,593 |
Skyline Champion Corp.(a) | 124,960 | 3,041,526 |
Total | 8,906,119 | |
Leisure Products 1.4% | ||
Brunswick Corp. | 56,906 | 3,642,553 |
Specialty Retail 2.7% | ||
Boot Barn Holdings, Inc.(a) | 165,890 | 3,576,589 |
Five Below, Inc.(a) | 17,700 | 1,892,307 |
Vroom, Inc.(a) | 33,437 | 1,743,405 |
Total | 7,212,301 | |
Textiles, Apparel & Luxury Goods 1.1% | ||
Carter’s, Inc. | 36,394 | 2,936,996 |
Total Consumer Discretionary | 41,065,796 | |
Consumer Staples 4.9% | ||
Beverages 0.6% | ||
Primo Water Corp. | 110,081 | 1,513,614 |
Food & Staples Retailing 1.5% | ||
BJ’s Wholesale Club Holdings, Inc.(a) | 111,401 | 4,151,915 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Household Products 1.6% | ||
WD-40 Co. | 21,321 | 4,227,954 |
Personal Products 1.2% | ||
Inter Parfums, Inc. | 67,338 | 3,242,325 |
Total Consumer Staples | 13,135,808 | |
Financials 8.1% | ||
Banks 3.6% | ||
Bank of NT Butterfield & Son Ltd. (The) | 67,500 | 1,646,325 |
First Busey Corp. | 81,229 | 1,514,921 |
Lakeland Financial Corp. | 59,365 | 2,765,815 |
OFG Bancorp | 135,309 | 1,809,081 |
Trico Bancshares | 58,053 | 1,767,714 |
Total | 9,503,856 | |
Capital Markets 1.9% | ||
Hamilton Lane, Inc., Class A | 36,701 | 2,472,547 |
Houlihan Lokey, Inc. | 49,230 | 2,739,157 |
Total | 5,211,704 | |
Consumer Finance 1.0% | ||
FirstCash, Inc. | 40,452 | 2,729,701 |
Thrifts & Mortgage Finance 1.6% | ||
Merchants Bancorp | 229,052 | 4,235,171 |
Total Financials | 21,680,432 | |
Health Care 31.1% | ||
Biotechnology 12.8% | ||
ACADIA Pharmaceuticals, Inc.(a) | 55,100 | 2,670,697 |
Acceleron Pharma, Inc.(a) | 34,088 | 3,247,564 |
Anika Therapeutics, Inc.(a) | 59,000 | 2,226,070 |
CRISPR Therapeutics AG(a) | 24,042 | 1,766,846 |
Enanta Pharmaceuticals, Inc.(a) | 34,289 | 1,721,651 |
Fate Therapeutics, Inc.(a) | 94,809 | 3,252,897 |
Immunogen, Inc.(a) | 446,000 | 2,051,600 |
Insmed, Inc.(a) | 144,309 | 3,974,270 |
Intercept Pharmaceuticals, Inc.(a) | 38,578 | 1,848,272 |
Kiniksa Pharmaceuticals Ltd., Class A(a) | 196,012 | 4,994,386 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 33 |
Columbia Acorn USA®, June 30, 2020 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Mirati Therapeutics, Inc.(a) | 17,142 | 1,957,102 |
Natera, Inc.(a) | 88,698 | 4,422,482 |
Total | 34,133,837 | |
Health Care Equipment & Supplies 5.9% | ||
Atrion Corp. | 3,603 | 2,295,147 |
AxoGen, Inc.(a) | 347,285 | 3,208,913 |
Globus Medical, Inc., Class A(a) | 78,365 | 3,738,794 |
Haemonetics Corp.(a) | 16,250 | 1,455,350 |
SI-BONE, Inc.(a) | 214,684 | 3,422,063 |
Tactile Systems Technology, Inc.(a) | 40,970 | 1,697,387 |
Total | 15,817,654 | |
Health Care Providers & Services 7.6% | ||
Amedisys, Inc.(a) | 17,162 | 3,407,343 |
Chemed Corp. | 10,612 | 4,786,755 |
Corvel Corp.(a) | 40,895 | 2,899,047 |
LHC Group, Inc.(a) | 20,525 | 3,577,918 |
National Research Corp., Class A | 95,966 | 5,586,181 |
Total | 20,257,244 | |
Health Care Technology 1.4% | ||
Livongo Health, Inc.(a),(b) | 51,104 | 3,842,510 |
Life Sciences Tools & Services 1.7% | ||
NanoString Technologies, Inc.(a) | 58,167 | 1,707,202 |
Repligen Corp.(a) | 23,740 | 2,934,501 |
Total | 4,641,703 | |
Pharmaceuticals 1.7% | ||
Reata Pharmaceuticals, Inc., Class A(a) | 14,000 | 2,184,280 |
Theravance Biopharma, Inc.(a) | 105,821 | 2,221,183 |
Total | 4,405,463 | |
Total Health Care | 83,098,411 | |
Industrials 15.2% | ||
Aerospace & Defense 2.2% | ||
BWX Technologies, Inc. | 60,974 | 3,453,567 |
Curtiss-Wright Corp. | 27,241 | 2,432,077 |
Total | 5,885,644 | |
Commercial Services & Supplies 1.3% | ||
Healthcare Services Group, Inc. | 49,826 | 1,218,744 |
Unifirst Corp. | 11,788 | 2,109,462 |
Total | 3,328,206 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Construction & Engineering 1.4% | ||
Comfort Systems U.S.A., Inc. | 92,527 | 3,770,475 |
Electrical Equipment 1.2% | ||
Atkore International Group, Inc.(a) | 120,921 | 3,307,189 |
Machinery 4.1% | ||
ITT, Inc. | 56,948 | 3,345,126 |
SPX Corp.(a) | 112,475 | 4,628,346 |
Watts Water Technologies, Inc., Class A | 36,171 | 2,929,851 |
Total | 10,903,323 | |
Professional Services 3.2% | ||
Exponent, Inc. | 73,090 | 5,915,174 |
ICF International, Inc. | 39,936 | 2,589,051 |
Total | 8,504,225 | |
Road & Rail 1.2% | ||
Saia, Inc.(a) | 29,726 | 3,304,937 |
Trading Companies & Distributors 0.6% | ||
SiteOne Landscape Supply, Inc.(a) | 13,443 | 1,532,099 |
Total Industrials | 40,536,098 | |
Information Technology 17.5% | ||
Electronic Equipment, Instruments & Components 2.7% | ||
Badger Meter, Inc. | 60,615 | 3,813,896 |
ePlus, Inc.(a) | 46,331 | 3,274,675 |
Total | 7,088,571 | |
IT Services 1.7% | ||
Endava PLC, ADR(a) | 35,024 | 1,691,659 |
LiveRamp Holdings, Inc.(a) | 66,070 | 2,805,993 |
Total | 4,497,652 | |
Semiconductors & Semiconductor Equipment 2.4% | ||
Advanced Energy Industries, Inc.(a) | 48,186 | 3,266,529 |
Inphi Corp.(a) | 18,079 | 2,124,282 |
Onto Innovation, Inc.(a) | 31,679 | 1,078,353 |
Total | 6,469,164 | |
Software 10.7% | ||
Blackline, Inc.(a) | 48,826 | 4,048,164 |
CyberArk Software Ltd.(a) | 17,386 | 1,725,908 |
Elastic NV(a) | 19,023 | 1,754,111 |
j2 Global, Inc.(a) | 32,059 | 2,026,449 |
34 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn USA®, June 30, 2020 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Manhattan Associates, Inc.(a) | 56,440 | 5,316,648 |
Mimecast Ltd.(a) | 97,621 | 4,066,891 |
New Relic, Inc.(a) | 27,744 | 1,911,562 |
Q2 Holdings, Inc.(a) | 20,601 | 1,767,360 |
Qualys, Inc.(a) | 35,114 | 3,652,558 |
Sprout Social, Inc., Class A(a),(b) | 90,661 | 2,447,847 |
Total | 28,717,498 | |
Total Information Technology | 46,772,885 | |
Materials 1.3% | ||
Chemicals 1.3% | ||
PolyOne Corp. | 130,388 | 3,420,077 |
Total Materials | 3,420,077 | |
Real Estate 3.2% | ||
Equity Real Estate Investment Trusts (REITS) 0.9% | ||
UMH Properties, Inc. | 181,001 | 2,340,343 |
Real Estate Management & Development 2.3% | ||
FirstService Corp. | 13,549 | 1,365,062 |
Jones Lang LaSalle, Inc. | 16,500 | 1,707,090 |
Redfin Corp.(a) | 78,222 | 3,278,284 |
Total | 6,350,436 | |
Total Real Estate | 8,690,779 | |
Total Common Stocks (Cost $219,208,114) | 258,400,286 | |
Limited Partnerships 0.6% | ||
Issuer | Shares | Value ($) |
Consumer Discretionary 0.6% | ||
Hotels, Restaurants & Leisure 0.6% | ||
Cedar Fair LP | 53,301 | 1,465,778 |
Total Consumer Discretionary | 1,465,778 | |
Total Limited Partnerships (Cost $2,660,232) | 1,465,778 | |
Securities Lending Collateral 1.5% | ||
Dreyfus Government Cash Management Fund, Institutional Shares, 0.092%(c),(d) | 4,076,000 | 4,076,000 |
Total Securities Lending Collateral (Cost $4,076,000) | 4,076,000 | |
Money Market Funds 2.1% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 0.253%(c),(e) | 5,644,495 | 5,644,495 |
Total Money Market Funds (Cost $5,643,396) | 5,644,495 | |
Total Investments in Securities (Cost: $231,587,742) | 269,586,559 | |
Obligation to Return Collateral for Securities Loaned | (4,076,000) | |
Other Assets & Liabilities, Net | 1,895,047 | |
Net Assets | 267,405,606 |
(a) | Non-income producing security. |
(b) | All or a portion of this security was on loan at June 30, 2020. The total market value of securities on loan at June 30, 2020 was $4,235,177. |
(c) | The rate shown is the seven-day current annualized yield at June 30, 2020. |
(d) | Investment made with cash collateral received from securities lending activity. |
(e) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2020 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 0.253% | ||||||||
13,292,093 | 100,315,094 | (107,963,791) | 1,099 | 5,644,495 | (3,097) | 65,450 | 5,644,495 |
ADR | American Depositary Receipt |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 35 |
Columbia Acorn USA®, June 30, 2020 (Unaudited)
■ | 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 ($) | Level 2 ($) | Level 3 ($) | Total ($) | |
Investments in Securities | ||||
Common Stocks | ||||
Consumer Discretionary | 41,065,796 | — | — | 41,065,796 |
Consumer Staples | 13,135,808 | — | — | 13,135,808 |
Financials | 21,680,432 | — | — | 21,680,432 |
Health Care | 83,098,411 | — | — | 83,098,411 |
Industrials | 40,536,098 | — | — | 40,536,098 |
Information Technology | 46,772,885 | — | — | 46,772,885 |
Materials | 3,420,077 | — | — | 3,420,077 |
Real Estate | 8,690,779 | — | — | 8,690,779 |
Total Common Stocks | 258,400,286 | — | — | 258,400,286 |
Limited Partnerships | ||||
Consumer Discretionary | 1,465,778 | — | — | 1,465,778 |
Total Limited Partnerships | 1,465,778 | — | — | 1,465,778 |
Securities Lending Collateral | 4,076,000 | — | — | 4,076,000 |
Money Market Funds | 5,644,495 | — | — | 5,644,495 |
Total Investments in Securities | 269,586,559 | — | — | 269,586,559 |
36 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn International SelectSM, June 30, 2020 (Unaudited)
Common Stocks 99.2% | ||
Issuer | Shares | Value ($) |
Australia 2.5% | ||
carsales.com Ltd. | 417,659 | 5,170,125 |
Brazil 2.0% | ||
TOTVS SA | 935,600 | 4,025,862 |
Canada 4.3% | ||
CCL Industries, Inc. | 142,523 | 4,606,592 |
Winpak Ltd. | 136,000 | 4,166,352 |
Total | 8,772,944 | |
China 12.9% | ||
51job, Inc., ADR(a) | 67,100 | 4,817,109 |
A-Living Services Co., Ltd. | 900,000 | 4,573,956 |
NetEase, Inc., ADR | 15,443 | 6,630,916 |
New Oriental Education & Technology Group, Inc., ADR(a) | 42,027 | 5,473,176 |
Shenzhou International Group Holdings Ltd. | 402,000 | 4,887,200 |
Total | 26,382,357 | |
Denmark 2.5% | ||
SimCorp AS | 46,969 | 5,079,808 |
Germany 5.0% | ||
Nemetschek SE | 78,330 | 5,382,231 |
TeamViewer AG(a) | 86,193 | 4,706,317 |
Total | 10,088,548 | |
Italy 4.0% | ||
Amplifon SpA(a) | 149,000 | 3,980,537 |
Nexi SpA(a) | 243,016 | 4,214,029 |
Total | 8,194,566 | |
Japan 18.8% | ||
CyberAgent, Inc. | 113,600 | 5,583,856 |
Hikari Tsushin, Inc. | 26,800 | 6,127,772 |
Lasertec Corp. | 65,600 | 6,201,206 |
Nihon Unisys Ltd. | 154,900 | 4,870,247 |
Obic Co., Ltd. | 28,800 | 5,075,683 |
Recruit Holdings Co., Ltd. | 164,800 | 5,667,505 |
Sekisui Chemical Co., Ltd. | 327,500 | 4,692,333 |
Total | 38,218,602 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Netherlands 5.5% | ||
IMCD NV | 22,300 | 2,102,877 |
Koninklijke Philips NV | 196,588 | 9,170,378 |
Total | 11,273,255 | |
New Zealand 2.5% | ||
Fisher & Paykel Healthcare Corp., Ltd. | 217,206 | 5,003,734 |
South Korea 4.2% | ||
Koh Young Technology, Inc. | 52,621 | 4,397,968 |
Korea Investment Holdings Co., Ltd. | 110,512 | 4,143,221 |
Total | 8,541,189 | |
Sweden 12.9% | ||
Hexagon AB, Class B(a) | 142,177 | 8,349,426 |
Sectra AB, Class B(a) | 96,500 | 5,498,981 |
Sweco AB, Class B | 163,205 | 7,367,010 |
Trelleborg AB, Class B(a) | 343,020 | 5,032,710 |
Total | 26,248,127 | |
Switzerland 7.0% | ||
Belimo Holding AG, Registered Shares | 681 | 5,039,894 |
Lonza Group AG, Registered Shares(a) | 9,375 | 4,965,916 |
Partners Group Holding AG | 4,642 | 4,227,436 |
Total | 14,233,246 | |
Taiwan 2.2% | ||
Largan Precision Co., Ltd. | 33,000 | 4,588,321 |
United Kingdom 12.9% | ||
Auto Trader Group PLC | 628,000 | 4,088,756 |
Dechra Pharmaceuticals PLC | 165,599 | 5,832,853 |
Halma PLC | 151,426 | 4,314,160 |
Intermediate Capital Group PLC | 247,319 | 3,945,685 |
Rentokil Initial PLC | 662,437 | 4,188,703 |
Rightmove PLC | 577,767 | 3,905,441 |
Total | 26,275,598 | |
Total Common Stocks (Cost $161,856,881) | 202,096,282 | |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 37 |
Columbia Acorn International SelectSM, June 30, 2020 (Unaudited)
Money Market Funds 0.5% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 0.253%(b),(c) | 1,030,634 | 1,030,634 |
Total Money Market Funds (Cost $1,030,158) | 1,030,634 | |
Total Investments in Securities (Cost $162,887,039) | 203,126,916 | |
Other Assets & Liabilities, Net | 569,390 | |
Net Assets | $203,696,306 |
(a) | Non-income producing security. |
(b) | The rate shown is the seven-day current annualized yield at June 30, 2020. |
(c) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2020 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 0.253% | ||||||||
1,151,541 | 64,595,677 | (64,717,060) | 476 | 1,030,634 | (3,154) | 29,441 | 1,030,634 |
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) |
38 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn International SelectSM, June 30, 2020 (Unaudited)
The following table is a summary of the inputs used to value the Fund’s investments at June 30, 2020:
Level 1 ($) | Level 2 ($) | Level 3 ($) | Total ($) | |
Investments in Securities | ||||
Common Stocks | ||||
Australia | — | 5,170,125 | — | 5,170,125 |
Brazil | 4,025,862 | — | — | 4,025,862 |
Canada | 8,772,944 | — | — | 8,772,944 |
China | 16,921,201 | 9,461,156 | — | 26,382,357 |
Denmark | — | 5,079,808 | — | 5,079,808 |
Germany | — | 10,088,548 | — | 10,088,548 |
Italy | — | 8,194,566 | — | 8,194,566 |
Japan | — | 38,218,602 | — | 38,218,602 |
Netherlands | — | 11,273,255 | — | 11,273,255 |
New Zealand | — | 5,003,734 | — | 5,003,734 |
South Korea | — | 8,541,189 | — | 8,541,189 |
Sweden | — | 26,248,127 | — | 26,248,127 |
Switzerland | — | 14,233,246 | — | 14,233,246 |
Taiwan | — | 4,588,321 | — | 4,588,321 |
United Kingdom | — | 26,275,598 | — | 26,275,598 |
Total Common Stocks | 29,720,007 | 172,376,275 | — | 202,096,282 |
Money Market Funds | 1,030,634 | — | — | 1,030,634 |
Total Investments in Securities | 30,750,641 | 172,376,275 | — | 203,126,916 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 39 |
Columbia Acorn SelectSM, June 30, 2020 (Unaudited)
Common Stocks 97.0% | ||
Issuer | Shares | Value ($) |
Communication Services 3.1% | ||
Entertainment 3.1% | ||
Zynga, Inc., Class A(a) | 700,599 | 6,683,714 |
Total Communication Services | 6,683,714 | |
Consumer Discretionary 11.2% | ||
Diversified Consumer Services 2.3% | ||
Bright Horizons Family Solutions, Inc.(a) | 18,000 | 2,109,600 |
Chegg, Inc.(a) | 43,100 | 2,898,906 |
Total | 5,008,506 | |
Household Durables 2.4% | ||
Skyline Champion Corp.(a) | 218,500 | 5,318,290 |
Specialty Retail 6.5% | ||
Boot Barn Holdings, Inc.(a) | 224,200 | 4,833,752 |
Five Below, Inc.(a) | 87,086 | 9,310,364 |
Total | 14,144,116 | |
Total Consumer Discretionary | 24,470,912 | |
Consumer Staples 1.1% | ||
Household Products 1.1% | ||
WD-40 Co. | 12,250 | 2,429,175 |
Total Consumer Staples | 2,429,175 | |
Financials 8.8% | ||
Banks 4.4% | ||
SVB Financial Group(a) | 44,891 | 9,675,357 |
Capital Markets 4.4% | ||
Ares Management Corp., Class A | 238,455 | 9,466,664 |
Total Financials | 19,142,021 | |
Health Care 27.1% | ||
Biotechnology 8.8% | ||
ACADIA Pharmaceuticals, Inc.(a) | 68,608 | 3,325,430 |
CRISPR Therapeutics AG(a) | 37,250 | 2,737,502 |
Exact Sciences Corp.(a) | 60,700 | 5,277,258 |
Immunomedics, Inc.(a) | 89,639 | 3,176,806 |
Insmed, Inc.(a) | 69,000 | 1,900,260 |
Sarepta Therapeutics, Inc.(a) | 17,600 | 2,821,984 |
Total | 19,239,240 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Health Care Equipment & Supplies 6.3% | ||
Masimo Corp.(a) | 39,848 | 9,084,946 |
Tactile Systems Technology, Inc.(a) | 111,559 | 4,621,889 |
Total | 13,706,835 | |
Health Care Providers & Services 7.5% | ||
Chemed Corp. | 18,858 | 8,506,278 |
Encompass Health Corp. | 125,920 | 7,798,226 |
Total | 16,304,504 | |
Life Sciences Tools & Services 3.2% | ||
Pra Health Sciences, Inc.(a) | 71,101 | 6,917,416 |
Pharmaceuticals 1.3% | ||
Theravance Biopharma, Inc.(a) | 135,809 | 2,850,631 |
Total Health Care | 59,018,626 | |
Industrials 14.1% | ||
Aerospace & Defense 1.0% | ||
BWX Technologies, Inc. | 38,700 | 2,191,968 |
Electrical Equipment 3.3% | ||
Atkore International Group, Inc.(a) | 266,588 | 7,291,182 |
Machinery 9.8% | ||
IDEX Corp. | 37,000 | 5,847,480 |
ITT, Inc. | 88,441 | 5,195,024 |
SPX Corp.(a) | 204,079 | 8,397,851 |
Toro Co. (The) | 27,000 | 1,791,180 |
Total | 21,231,535 | |
Total Industrials | 30,714,685 | |
Information Technology 28.3% | ||
IT Services 9.6% | ||
Booz Allen Hamilton Holdings Corp. | 30,800 | 2,395,932 |
EPAM Systems, Inc.(a) | 13,000 | 3,276,130 |
Gartner, Inc.(a) | 39,963 | 4,848,711 |
GoDaddy, Inc., Class A(a) | 121,027 | 8,874,910 |
VeriSign, Inc.(a) | 7,000 | 1,447,810 |
Total | 20,843,493 | |
Semiconductors & Semiconductor Equipment 3.9% | ||
MKS Instruments, Inc. | 74,953 | 8,487,678 |
40 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn SelectSM, June 30, 2020 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Software 14.8% | ||
Alteryx, Inc., Class A(a) | 59,995 | 9,855,979 |
Cadence Design Systems, Inc.(a) | 56,871 | 5,457,341 |
j2 Global, Inc.(a) | 43,172 | 2,728,902 |
Mimecast Ltd.(a) | 203,100 | 8,461,146 |
Qualys, Inc.(a) | 54,163 | 5,634,035 |
Total | 32,137,403 | |
Total Information Technology | 61,468,574 | |
Real Estate 3.3% | ||
Equity Real Estate Investment Trusts (REITS) 3.3% | ||
UMH Properties, Inc. | 554,056 | 7,163,944 |
Total Real Estate | 7,163,944 | |
Total Common Stocks (Cost $166,663,210) | 211,091,651 | |
Money Market Funds 2.7% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 0.253%(b),(c) | 5,884,494 | 5,884,494 |
Total Money Market Funds (Cost $5,882,397) | 5,884,494 | |
Total Investments in Securities (Cost: $172,545,607) | 216,976,145 | |
Other Assets & Liabilities, Net | 656,500 | |
Net Assets | 217,632,645 |
(a) | Non-income producing security. |
(b) | The rate shown is the seven-day current annualized yield at June 30, 2020. |
(c) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2020 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 0.253% | ||||||||
745,845 | 143,297,420 | (138,160,868) | 2,097 | 5,884,494 | (9,350) | 36,963 | 5,884,494 |
■ | 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 2020 | 41 |
Columbia Acorn SelectSM, June 30, 2020 (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 ($) | Level 2 ($) | Level 3 ($) | Total ($) | |
Investments in Securities | ||||
Common Stocks | ||||
Communication Services | 6,683,714 | — | — | 6,683,714 |
Consumer Discretionary | 24,470,912 | — | — | 24,470,912 |
Consumer Staples | 2,429,175 | — | — | 2,429,175 |
Financials | 19,142,021 | — | — | 19,142,021 |
Health Care | 59,018,626 | — | — | 59,018,626 |
Industrials | 30,714,685 | — | — | 30,714,685 |
Information Technology | 61,468,574 | — | — | 61,468,574 |
Real Estate | 7,163,944 | — | — | 7,163,944 |
Total Common Stocks | 211,091,651 | — | — | 211,091,651 |
Money Market Funds | 5,884,494 | — | — | 5,884,494 |
Total Investments in Securities | 216,976,145 | — | — | 216,976,145 |
42 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Thermostat FundSM, June 30, 2020 (Unaudited)
Equity Funds 44.7% | ||
Shares | Value ($) | |
Dividend Income 4.9% | ||
Columbia Dividend Income Fund, Institutional 3 Class(a) | 2,478,244 | 55,686,137 |
International Small Mid Cap 4.9% | ||
Columbia Acorn International®, Institutional 3 Class(a) | 1,829,312 | 54,915,960 |
U.S. Large Cap 24.9% | ||
Columbia Contrarian Core Fund, Institutional 3 Class(a) | 2,061,492 | 55,763,369 |
Columbia Large Cap Enhanced Core Fund, Institutional 3 Class(a) | 2,453,303 | 55,935,311 |
Columbia Large Cap Index Fund, Institutional 3 Class(a) | 3,538,582 | 167,551,839 |
Total | 279,250,519 | |
U.S. Mid Cap 5.0% | ||
Columbia Select Mid Cap Value Fund, Institutional 3 Class(a) | 6,451,476 | 55,998,810 |
U.S. Small Mid Cap 5.0% | ||
Columbia Acorn® Fund, Institutional 3 Class(a),(b) | 3,635,092 | 55,762,305 |
Total Equity Funds (Cost $439,218,123) | 501,613,731 | |
Exchange-Traded Equity Funds 5.0% | ||
U.S. Large Cap 5.0% | ||
Columbia Research Enhanced Core ETF(a) | 2,687,103 | 55,705,795 |
Total Exchange-Traded Equity Funds (Cost $51,410,098) | 55,705,795 | |
Exchange-Traded Fixed Income Funds 4.9% | ||
Shares | Value ($) | |
Multisector 4.9% | ||
Columbia Diversified Fixed Income Allocation ETF(a) | 2,585,022 | 54,595,665 |
Total Exchange-Traded Fixed Income Funds (Cost $51,453,254) | 54,595,665 | |
Fixed Income Funds 44.2% | ||
Investment Grade 44.2% | ||
Columbia Corporate Income Fund, Institutional 3 Class(a) | 4,906,302 | 54,901,519 |
Columbia Quality Income Fund, Institutional 3 Class(a) | 19,611,603 | 110,217,211 |
Columbia Short Term Bond Fund, Institutional 3 Class(a) | 8,349,245 | 82,574,034 |
Columbia Total Return Bond Fund, Institutional 3 Class(a) | 5,682,819 | 55,066,517 |
Columbia U.S. Treasury Index Fund, Institutional 3 Class(a) | 15,673,170 | 193,093,455 |
Total | 495,852,736 | |
Total Fixed Income Funds (Cost $477,814,889) | 495,852,736 | |
Money Market Funds 0.5% | ||
Columbia Short-Term Cash Fund, 0.253%(a),(c) | 5,296,621 | 5,296,621 |
Total Money Market Funds (Cost $5,296,618) | 5,296,621 | |
Total Investments in Securities (Cost: $1,025,192,982) | 1,113,064,548 | |
Other Assets & Liabilities, Net | 7,362,611 | |
Net Assets | 1,120,427,159 |
(a) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2020 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Capital gain distributions($) | Realized gain (loss)($) | Dividends — affiliated issuers ($) | End of period shares |
Columbia Acorn International®, Institutional 3 Class | |||||||||
14,336,928 | 66,727,668 | (32,216,193) | 6,067,557 | 54,915,960 | 2,248,667 | 1,124,582 | 328,362 | 1,829,312 | |
Columbia Acorn SelectSM, Institutional 3 Class | |||||||||
14,215,080 | 44,681,686 | (57,267,750) | (1,629,016) | — | 1,414,804 | 10,745,116 | 322,525 | — |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 43 |
Columbia Thermostat FundSM, June 30, 2020 (Unaudited)
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Capital gain distributions($) | Realized gain (loss)($) | Dividends — affiliated issuers ($) | End of period shares |
Columbia Acorn® Fund, Institutional 3 Class | |||||||||
14,254,256 | 66,091,556 | (32,270,245) | 7,686,738 | 55,762,305 | 2,288,169 | 2,658,707 | — | 3,635,092 | |
Columbia Contrarian Core Fund, Institutional 3 Class | |||||||||
14,273,333 | 65,762,439 | (30,211,479) | 5,939,076 | 55,763,369 | — | 3,893,355 | — | 2,061,492 | |
Columbia Corporate Income Fund, Institutional 3 Class | |||||||||
57,276,785 | 51,812,473 | (54,636,521) | 448,782 | 54,901,519 | — | (994,680) | 741,080 | 4,906,302 | |
Columbia Diversified Fixed Income Allocation ETF | |||||||||
57,229,227 | 51,026,410 | (53,885,293) | 225,321 | 54,595,665 | — | (2,879,267) | 621,759 | 2,585,022 | |
Columbia Dividend Income Fund, Institutional 3 Class | |||||||||
14,264,391 | 69,615,172 | (31,497,062) | 3,303,636 | 55,686,137 | — | 2,668,584 | 568,603 | 2,478,244 | |
Columbia Inflation Protected Securities Fund | |||||||||
57,184,897 | 9,333,718 | (64,547,102) | (1,971,513) | - | — | 1,550,026 | — | — | |
Columbia Large Cap Enhanced Core Fund, Institutional 3 Class | |||||||||
14,253,804 | 69,955,427 | (30,710,809) | 2,436,889 | 55,935,311 | 3,678,357 | 3,446,430 | 143,127 | 2,453,303 | |
Columbia Large Cap Index Fund, Institutional 3 Class | |||||||||
57,074,167 | 252,388,584 | (155,409,624) | 13,498,712 | 167,551,839 | 5,654,689 | 13,800,420 | 507,791 | 3,538,582 | |
Columbia Quality Income Fund, Institutional 3 Class | |||||||||
114,706,732 | 107,005,223 | (113,264,781) | 1,770,037 | 110,217,211 | — | 2,349,289 | 1,376,466 | 19,611,603 | |
Columbia Research Enhanced Core ETF | |||||||||
— | 79,963,887 | (28,553,789) | 4,295,697 | 55,705,795 | — | 391,836 | — | 2,687,103 | |
Columbia Select Mid Cap Value Fund, Institutional 3 Class | |||||||||
— | 56,667,324 | — | (668,514) | 55,998,810 | 1,587,312 | — | 171,643 | 6,451,476 | |
Columbia Short Term Bond Fund, Institutional 3 Class | |||||||||
86,093,014 | 80,991,396 | (86,247,330) | 1,736,954 | 82,574,034 | — | (1,859,247) | 1,152,043 | 8,349,245 | |
Columbia Short-Term Cash Fund, 0.253% | |||||||||
6,263,184 | 205,724,630 | (206,691,196) | 3 | 5,296,621 | — | 3,341 | 34,771 | 5,296,621 | |
Columbia Total Return Bond Fund, Institutional 3 Class | |||||||||
— | 66,538,053 | (13,997,837) | 2,526,301 | 55,066,517 | — | 719,525 | 306,342 | 5,682,819 | |
Columbia U.S. Treasury Index Fund, Institutional 3 Class | |||||||||
200,147,836 | 192,135,782 | (197,601,762) | (1,588,401) | 193,093,455 | — | 16,080,412 | 1,590,214 | 15,673,170 | |
Total | 721,573,634 | 44,078,259 | 1,113,064,548 | 16,871,998 | 53,698,429 | 7,864,726 |
(b) | Non-income producing security. |
(c) | The rate shown is the seven-day current annualized yield at June 30, 2020. |
■ | 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) |
44 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Thermostat FundSM, June 30, 2020 (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 ($) | Level 2 ($) | Level 3 ($) | Total ($) | |
Investments in Securities | ||||
Equity Funds | 501,613,731 | — | — | 501,613,731 |
Exchange-Traded Equity Funds | 55,705,795 | — | — | 55,705,795 |
Exchange-Traded Fixed Income Funds | 54,595,665 | — | — | 54,595,665 |
Fixed Income Funds | 495,852,736 | — | — | 495,852,736 |
Money Market Funds | 5,296,621 | — | — | 5,296,621 |
Total Investments in Securities | 1,113,064,548 | — | — | 1,113,064,548 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 45 |
Columbia Acorn Emerging Markets FundSM, June 30, 2020 (Unaudited)
Common Stocks 89.5% | ||
Issuer | Shares | Value ($) |
Cambodia 4.2% | ||
NagaCorp Ltd. | 1,135,000 | 1,324,034 |
Canada 4.1% | ||
Parex Resources, Inc.(a) | 109,373 | 1,318,019 |
China 20.2% | ||
51job, Inc., ADR(a) | 18,426 | 1,322,803 |
A-Living Services Co., Ltd. | 239,000 | 1,214,639 |
China Medical System Holdings Ltd. | 263,000 | 311,026 |
Minth Group Ltd. | 169,000 | 485,115 |
NetEase, Inc., ADR | 1,265 | 543,166 |
New Oriental Education & Technology Group, Inc., ADR(a) | 9,820 | 1,278,859 |
Shenzhou International Group Holdings Ltd. | 105,500 | 1,282,586 |
Total | 6,438,194 | |
Cyprus 1.9% | ||
TCS Group Holding PLC, GDR | 30,000 | 590,651 |
Hong Kong 9.4% | ||
ASM Pacific Technology Ltd. | 122,200 | 1,291,408 |
Stella International Holdings Ltd. | 426,500 | 437,423 |
Vitasoy International Holdings Ltd. | 332,000 | 1,276,111 |
Total | 3,004,942 | |
Indonesia 0.7% | ||
PT Tower Bersama Infrastructure Tbk | 3,080,500 | 239,854 |
Mexico 7.1% | ||
Corporación Inmobiliaria Vesta SAB de CV | 862,100 | 1,286,895 |
Qualitas Controladora SAB de CV | 250,321 | 984,534 |
Total | 2,271,429 | |
Russian Federation 1.6% | ||
TCS Group Holding PLC, GDR | 25,875 | 525,262 |
South Korea 9.4% | ||
KEPCO Plant Service & Engineering Co., Ltd. | 33,784 | 820,562 |
Koh Young Technology, Inc. | 16,022 | 1,339,090 |
Korea Investment Holdings Co., Ltd. | 22,347 | 837,815 |
Total | 2,997,467 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Taiwan 22.5% | ||
Chailease Holding Co., Ltd. | 92,996 | 396,456 |
Grape King Bio Ltd. | 143,000 | 923,524 |
Largan Precision Co., Ltd. | 9,000 | 1,251,360 |
Parade Technologies Ltd. | 36,000 | 1,206,648 |
Silergy Corp. | 15,000 | 982,624 |
Sinbon Electronics Co., Ltd. | 206,000 | 1,047,819 |
Voltronic Power Technology Corp. | 46,850 | 1,349,990 |
Total | 7,158,421 | |
Thailand 8.4% | ||
Bangkok Chain Hospital PCL, Foreign Registered Shares | 1,360,500 | 662,980 |
Mega Lifesciences PCL, Foreign Registered Shares | 569,400 | 692,744 |
Muangthai Capital PCL, Foreign Registered Shares | 776,500 | 1,318,949 |
Total | 2,674,673 | |
Total Common Stocks (Cost $22,381,001) | 28,542,946 | |
Money Market Funds 8.9% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 0.253%(b),(c) | 2,833,522 | 2,833,522 |
Total Money Market Funds (Cost $2,833,754) | 2,833,522 | |
Total Investments in Securities (Cost $25,214,755) | 31,376,468 | |
Other Assets & Liabilities, Net | 498,157 | |
Net Assets | $31,874,625 |
46 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn Emerging Markets FundSM, June 30, 2020 (Unaudited)
Long futures contracts | ||||||
Description | Number of contracts | Expiration date | Trading currency | Notional amount | Value/Unrealized appreciation ($) | Value/Unrealized depreciation ($) |
MSCI Emerging Markets Index | 41 | 09/2020 | USD | 2,020,685 | 26,833 | — |
(a) | Non-income producing security. |
(b) | The rate shown is the seven-day current annualized yield at June 30, 2020. |
(c) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2020 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 0.253% | ||||||||
1,956,005 | 12,550,920 | (11,673,171) | (232) | 2,833,522 | (687) | 10,936 | 2,833,522 |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
USD | US Dollar |
■ | 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 2020 | 47 |
Columbia Acorn Emerging Markets FundSM, June 30, 2020 (Unaudited)
The following table is a summary of the inputs used to value the Fund’s investments at June 30, 2020:
Level 1 ($) | Level 2 ($) | Level 3 ($) | Total ($) | |
Investments in Securities | ||||
Common Stocks | ||||
Cambodia | — | 1,324,034 | — | 1,324,034 |
Canada | 1,318,019 | — | — | 1,318,019 |
China | 3,144,828 | 3,293,366 | — | 6,438,194 |
Cyprus | — | 590,651 | — | 590,651 |
Hong Kong | — | 3,004,942 | — | 3,004,942 |
Indonesia | — | 239,854 | — | 239,854 |
Mexico | 2,271,429 | — | — | 2,271,429 |
Russian Federation | — | 525,262 | — | 525,262 |
South Korea | — | 2,997,467 | — | 2,997,467 |
Taiwan | — | 7,158,421 | — | 7,158,421 |
Thailand | — | 2,674,673 | — | 2,674,673 |
Total Common Stocks | 6,734,276 | 21,808,670 | — | 28,542,946 |
Money Market Funds | 2,833,522 | — | — | 2,833,522 |
Total Investments in Securities | 9,567,798 | 21,808,670 | — | 31,376,468 |
Investments in Derivatives | ||||
Asset | ||||
Futures Contracts | 26,833 | — | — | 26,833 |
Total | 9,594,631 | 21,808,670 | — | 31,403,301 |
48 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn European FundSM, June 30, 2020 (Unaudited)
Common Stocks 98.0% | ||
Issuer | Shares | Value ($) |
Denmark 4.3% | ||
ALK-Abello AS(a) | 3,190 | 853,922 |
SimCorp AS | 20,204 | 2,185,110 |
Total | 3,039,032 | |
France 4.1% | ||
Akka Technologies | 30,827 | 997,132 |
Robertet SA(a) | 1,807 | 1,896,151 |
Total | 2,893,283 | |
Germany 12.1% | ||
Corestate Capital Holding SA(a) | 30,159 | 613,238 |
Deutsche Beteiligungs AG | 18,787 | 637,939 |
Eckert & Ziegler Strahlen- und Medizintechnik AG | 7,975 | 1,335,629 |
Hypoport SE(a) | 3,748 | 1,667,240 |
Nemetschek SE | 24,948 | 1,714,233 |
TeamViewer AG(a) | 31,872 | 1,740,278 |
Washtec AG(a) | 19,481 | 802,823 |
Total | 8,511,380 | |
Ireland 2.0% | ||
UDG Healthcare PLC | 160,689 | 1,428,227 |
Italy 7.8% | ||
Amplifon SpA(a) | 39,420 | 1,053,106 |
Carel Industries SpA | 90,572 | 1,665,183 |
GVS SpA(a) | 53,601 | 623,284 |
Industria Macchine Automatiche SpA(a),(b) | 16,172 | 972,054 |
Nexi SpA(a) | 65,037 | 1,127,777 |
Total | 5,441,404 | |
Malta 1.3% | ||
Kindred Group PLC(a) | 147,914 | 892,968 |
Netherlands 4.6% | ||
BE Semiconductor Industries NV | 25,695 | 1,139,309 |
IMCD NV | 22,366 | 2,109,100 |
Total | 3,248,409 | |
Spain 2.9% | ||
Befesa SA | 33,258 | 1,296,942 |
Vidrala SA | 7,325 | 698,498 |
Total | 1,995,440 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Sweden 23.2% | ||
AddTech AB, Class B | 53,462 | 2,162,269 |
Dometic Group AB(a) | 124,082 | 1,121,320 |
Dustin Group AB | 155,530 | 849,227 |
Hexagon AB, Class B(a) | 40,297 | 2,366,464 |
Munters Group AB(a) | 299,317 | 1,687,411 |
Sectra AB, Class B(a) | 58,147 | 3,313,464 |
Sweco AB, Class B | 76,341 | 3,446,003 |
Trelleborg AB, Class B(a) | 91,711 | 1,345,562 |
Total | 16,291,720 | |
Switzerland 9.4% | ||
Belimo Holding AG, Registered Shares | 254 | 1,879,784 |
Gurit Holding AG | 424 | 621,077 |
Inficon Holding AG | 2,131 | 1,667,586 |
Kardex Energy AG | 5,361 | 985,874 |
LEM Holding SA, Registered Shares | 459 | 679,600 |
Partners Group Holding AG | 858 | 781,374 |
Total | 6,615,295 | |
Ukraine 0.6% | ||
Kernel Holding SA | 36,484 | 386,288 |
United Kingdom 24.7% | ||
Abcam PLC | 46,802 | 773,038 |
Auto Trader Group PLC | 210,984 | 1,373,666 |
Dechra Pharmaceuticals PLC | 56,838 | 2,001,991 |
Diploma PLC | 80,708 | 1,794,197 |
Halma PLC | 58,501 | 1,666,706 |
Intermediate Capital Group PLC | 97,491 | 1,555,355 |
Rentokil Initial PLC | 409,568 | 2,589,769 |
Rightmove PLC | 222,340 | 1,502,917 |
RWS Holdings PLC | 115,175 | 855,450 |
Safestore Holdings PLC | 105,904 | 954,575 |
Spirax-Sarco Engineering PLC | 18,793 | 2,313,606 |
Total | 17,381,270 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 49 |
Columbia Acorn European FundSM, June 30, 2020 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
United States 1.0% | ||
Inter Parfums, Inc. | 15,000 | 722,250 |
Total Common Stocks (Cost $49,745,594) | 68,846,966 | |
Securities Lending Collateral 0.9% | ||
Dreyfus Government Cash Management Fund, Institutional Shares, 0.092%(c),(d) | 601,387 | 601,387 |
Total Securities Lending Collateral (Cost $601,387) | 601,387 | |
Money Market Funds 1.7% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 0.253%(c),(e) | 1,216,366 | 1,216,366 |
Total Money Market Funds (Cost $1,216,371) | 1,216,366 | |
Total Investments in Securities (Cost $51,563,352) | 70,664,719 | |
Obligation to Return Collateral for Securities Loaned | (601,387) | |
Other Assets & Liabilities, Net | 195,030 | |
Net Assets | $70,258,362 |
(a) | Non-income producing security. |
(b) | All or a portion of this security was on loan at June 30, 2020. The total market value of securities on loan at June 30, 2020 was $574,506. |
(c) | The rate shown is the seven-day current annualized yield at June 30, 2020. |
(d) | Investment made with cash collateral received from securities lending activity. |
(e) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2020 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 0.253% | ||||||||
3,469,112 | 17,727,031 | (19,979,772) | (5) | 1,216,366 | 351 | 10,211 | 1,216,366 |
■ | 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) |
50 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn European FundSM, June 30, 2020 (Unaudited)
The following table is a summary of the inputs used to value the Fund’s investments at June 30, 2020:
Level 1 ($) | Level 2 ($) | Level 3 ($) | Total ($) | |
Investments in Securities | ||||
Common Stocks | ||||
Denmark | — | 3,039,032 | — | 3,039,032 |
France | — | 2,893,283 | — | 2,893,283 |
Germany | — | 8,511,380 | — | 8,511,380 |
Ireland | — | 1,428,227 | — | 1,428,227 |
Italy | — | 5,441,404 | — | 5,441,404 |
Malta | — | 892,968 | — | 892,968 |
Netherlands | — | 3,248,409 | — | 3,248,409 |
Spain | — | 1,995,440 | — | 1,995,440 |
Sweden | — | 16,291,720 | — | 16,291,720 |
Switzerland | — | 6,615,295 | — | 6,615,295 |
Ukraine | — | 386,288 | — | 386,288 |
United Kingdom | — | 17,381,270 | — | 17,381,270 |
United States | 722,250 | — | — | 722,250 |
Total Common Stocks | 722,250 | 68,124,716 | — | 68,846,966 |
Securities Lending Collateral | 601,387 | — | — | 601,387 |
Money Market Funds | 1,216,366 | — | — | 1,216,366 |
Total Investments in Securities | 2,540,003 | 68,124,716 | — | 70,664,719 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 51 |
June 30, 2020 (Unaudited)
Columbia Acorn® Fund | Columbia Acorn International® | Columbia Acorn USA® | Columbia Acorn International SelectSM | |
Assets | ||||
Investments in securities, at value* | ||||
Unaffiliated issuers (cost $2,926,178,921, $1,723,724,962, $225,944,346, $161,856,881, respectively) | $3,848,875,468 | $2,175,777,641 | $263,942,064 | $202,096,282 |
Affiliated issuers (cost $50,251,246, $73,727,199, $5,643,396, $1,030,158, respectively) | 50,266,718 | 73,754,725 | 5,644,495 | 1,030,634 |
Foreign currency (cost $—, $8,856, $—, $2, respectively) | — | 8,856 | — | 2 |
Margin deposits on: | ||||
Futures contracts | — | 6,721,000 | — | — |
Receivable for: | ||||
Investments sold | 26,683,984 | 1,209,920 | 1,991,538 | 601,351 |
Capital shares sold | 428,142 | 166,980 | 91,629 | 118,176 |
Dividends | 1,345,352 | 3,236,531 | 76,764 | 436,969 |
Securities lending income | 2,453 | 153,050 | 1,250 | — |
Foreign tax reclaims | 5,167 | 2,310,222 | 224 | 85,755 |
Expense reimbursement due from Investment Manager | 1,024 | 3,269 | 440 | 1,107 |
Prepaid expenses | 36,965 | 23,326 | 2,602 | 1,192 |
Trustees’ deferred compensation plan | 3,256,453 | 1,737,530 | 310,411 | — |
Other assets | 5,868 | 9,568 | 330 | 9,312 |
Total assets | 3,930,907,594 | 2,265,112,618 | 272,061,747 | 204,380,780 |
Liabilities | ||||
Due upon return of securities on loan | 32,820,950 | 21,620,386 | 4,076,000 | — |
Payable for: | ||||
Investments purchased | 11,438,180 | 2,340,212 | 119,021 | 56 |
Capital shares purchased | 3,142,057 | 1,519,283 | 78,263 | 561,974 |
Variation margin for futures contracts | — | 155,880 | — | — |
Investment advisory fee | 70,530 | 48,487 | 6,688 | 4,943 |
Distribution and/or service fees | 6,541 | 2,015 | 394 | 315 |
Transfer agent fees | 337,718 | 202,115 | 25,260 | 15,666 |
Administration fees | 5,222 | 3,045 | 360 | 278 |
Trustees’ fees | — | — | 299 | 61,181 |
Compensation of chief compliance officer | 77 | — | — | — |
Other expenses | 185,211 | 286,543 | 39,445 | 40,061 |
Trustees’ deferred compensation plan | 3,256,453 | 1,737,530 | 310,411 | — |
Total liabilities | 51,262,939 | 27,915,496 | 4,656,141 | 684,474 |
Net assets applicable to outstanding capital stock | $3,879,644,655 | $2,237,197,122 | $267,405,606 | $203,696,306 |
Represented by | ||||
Paid in capital | 2,844,700,394 | 1,635,804,842 | 231,707,677 | 174,636,472 |
Total distributable earnings (loss) | 1,034,944,261 | 601,392,280 | 35,697,929 | 29,059,834 |
Total - representing net assets applicable to outstanding capital stock | $3,879,644,655 | $2,237,197,122 | $267,405,606 | $203,696,306 |
* Includes the value of securities on loan | 32,941,685 | 20,316,271 | 4,235,117 | — |
52 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
June 30, 2020 (Unaudited)
Columbia Acorn® Fund | Columbia Acorn International® | Columbia Acorn USA® | Columbia Acorn International SelectSM | |
Class A | ||||
Net assets | $748,815,345 | $236,288,583 | $47,747,109 | $39,533,745 |
Shares outstanding | 67,348,082 | 8,000,433 | 4,560,383 | 1,481,291 |
Net asset value per share(a) | $11.12 | $29.53 | $10.47 | $26.69 |
Maximum sales charge | 5.75% | 5.75% | 5.75% | 5.75% |
Maximum offering price per share(b) (calculated by dividing the net asset value per share by 1.0 minus the maximum sales charge for Class A shares) | $11.80 | $31.33 | $11.11 | $28.32 |
Advisor Class | ||||
Net assets | $38,952,957 | $22,001,177 | $17,040,533 | $1,887,064 |
Shares outstanding | 2,600,779 | 733,341 | 1,154,760 | 68,964 |
Net asset value per share(c) | $14.98 | $30.00 | $14.76 | $27.36 |
Class C | ||||
Net assets | $55,667,273 | $13,520,134 | $2,676,475 | $1,696,943 |
Shares outstanding | 16,055,679 | 494,334 | 772,527 | 70,160 |
Net asset value per share(a) | $3.47 | $27.35 | $3.46 | $24.19 |
Institutional Class | ||||
Net assets | $2,880,479,761 | $1,582,520,875 | $137,076,779 | $76,102,707 |
Shares outstanding | 203,509,527 | 53,428,419 | 10,004,365 | 2,806,082 |
Net asset value per share(c) | $14.15 | $29.62 | $13.70 | $27.12 |
Institutional 2 Class | ||||
Net assets | $50,310,908 | $145,669,698 | $2,714,751 | $67,470,565 |
Shares outstanding | 3,320,473 | 4,920,844 | 182,267 | 2,466,155 |
Net asset value per share(c) | $15.15 | $29.60 | $14.89 | $27.36 |
Institutional 3 Class | ||||
Net assets | $105,418,411 | $234,434,017 | $60,149,959 | $17,005,282 |
Shares outstanding | 6,872,351 | 7,810,288 | 3,988,900 | 621,958 |
Net asset value per share(c) | $15.34 | $30.02 | $15.08 | $27.34 |
Class R | ||||
Net assets | $— | $2,762,638 | $— | $— |
Shares outstanding | — | 93,600 | — | — |
Net asset value per share(c) | $— | $29.52 | $— | $— |
(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. |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 53 |
June 30, 2020 (Unaudited)
Columbia Acorn SelectSM | Columbia Thermostat FundSM | Columbia Acorn Emerging Markets FundSM | Columbia Acorn European FundSM | |
Assets | ||||
Investments in securities, at value* | ||||
Unaffiliated issuers (cost $166,663,210, $—, $22,381,001, $50,346,981, respectively) | $211,091,651 | $— | $28,542,946 | $69,448,353 |
Affiliated issuers (cost $5,882,397, $1,025,192,982, $2,833,754, $1,216,371, respectively) | 5,884,494 | 1,113,064,548 | 2,833,522 | 1,216,366 |
Margin deposits on: | ||||
Futures contracts | — | — | 217,300 | — |
Receivable for: | ||||
Investments sold | 895,527 | — | 8,195,319 | — |
Capital shares sold | 8,071 | 8,412,527 | 9,223 | 126,524 |
Dividends | 51,632 | 918,678 | 66,786 | 58,116 |
Securities lending income | — | — | 553 | 2,264 |
Foreign tax reclaims | — | — | 1,198 | 160,179 |
Expense reimbursement due from Investment Manager | — | 1,677 | 960 | 963 |
Prepaid expenses | 449 | 5,975 | 98 | 679 |
Trustees’ deferred compensation plan | 257,086 | — | — | — |
Other assets | — | 28,608 | — | 20,454 |
Total assets | 218,188,910 | 1,122,432,013 | 39,867,905 | 71,033,898 |
Liabilities | ||||
Due to custodian | — | — | 540 | — |
Due upon return of securities on loan | — | — | — | 601,387 |
Payable for: | ||||
Investments purchased | — | 916,363 | 7,818,599 | 90,751 |
Capital shares purchased | 229,779 | 731,568 | 72,981 | 24,485 |
Variation margin for futures contracts | — | — | 8,610 | — |
Investment advisory fee | 3,754 | 3,022 | 1,104 | 2,266 |
Distribution and/or service fees | 639 | 7,376 | 235 | 317 |
Transfer agent fees | 21,984 | 90,023 | 4,898 | 7,004 |
Administration fees | 293 | 1,511 | 44 | 95 |
Trustees’ fees | 1,007 | 203,703 | 34,838 | 13,175 |
Compensation of chief compliance officer | 446 | — | 98 | — |
Other expenses | 41,277 | 51,288 | 51,333 | 36,056 |
Trustees’ deferred compensation plan | 257,086 | — | — | — |
Total liabilities | 556,265 | 2,004,854 | 7,993,280 | 775,536 |
Net assets applicable to outstanding capital stock | $217,632,645 | $1,120,427,159 | $31,874,625 | $70,258,362 |
Represented by | ||||
Paid in capital | 162,049,836 | 958,445,675 | 103,960,297 | 56,755,630 |
Total distributable earnings (loss) | 55,582,809 | 161,981,484 | (72,085,672) | 13,502,732 |
Total - representing net assets applicable to outstanding capital stock | $217,632,645 | $1,120,427,159 | $31,874,625 | $70,258,362 |
* Includes the value of securities on loan | — | — | — | 574,506 |
54 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
June 30, 2020 (Unaudited)
Columbia Acorn SelectSM | Columbia Thermostat FundSM | Columbia Acorn Emerging Markets FundSM | Columbia Acorn European FundSM | |
Class A | ||||
Net assets | $86,664,985 | $336,890,324 | $11,823,939 | $27,019,602 |
Shares outstanding | 7,460,500 | 19,594,988 | 1,064,870 | 1,291,214 |
Net asset value per share(a) | $11.62 | $17.19 | $11.10 | $20.93 |
Maximum sales charge | 5.75% | 5.75% | 5.75% | 5.75% |
Maximum offering price per share(b) (calculated by dividing the net asset value per share by 1.0 minus the maximum sales charge for Class A shares) | $12.33 | $18.24 | $11.78 | $22.21 |
Advisor Class | ||||
Net assets | $1,328,066 | $41,643,088 | $410,848 | $1,175,793 |
Shares outstanding | 91,332 | 2,443,186 | 36,497 | 55,680 |
Net asset value per share(c) | $14.54 | $17.04 | $11.26 | $21.12 |
Class C | ||||
Net assets | $2,016,622 | $188,898,346 | $5,618,899 | $4,924,417 |
Shares outstanding | 339,580 | 10,947,640 | 516,931 | 240,198 |
Net asset value per share(a) | $5.94 | $17.25 | $10.87 | $20.50 |
Institutional Class | ||||
Net assets | $118,507,903 | $461,525,830 | $13,172,834 | $33,457,931 |
Shares outstanding | 8,578,818 | 27,240,183 | 1,176,707 | 1,592,353 |
Net asset value per share(c) | $13.81 | $16.94 | $11.19 | $21.01 |
Institutional 2 Class | ||||
Net assets | $3,226,144 | $89,333,427 | $245,735 | $3,677,137 |
Shares outstanding | 220,199 | 5,234,141 | 21,766 | 172,966 |
Net asset value per share(c) | $14.65 | $17.07 | $11.29 | $21.26 |
Institutional 3 Class | ||||
Net assets | $5,888,925 | $2,136,144 | $602,370 | $3,482 |
Shares outstanding | 396,726 | 125,335 | 53,836 | 166 |
Net asset value per share(c) | $14.84 | $17.04 | $11.19 | $20.92(d) |
(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. |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 55 |
Six Months Ended June 30, 2020 (Unaudited)
Columbia Acorn® Fund | Columbia Acorn International® | Columbia Acorn USA® | Columbia Acorn International SelectSM | |
Net investment income | ||||
Income: | ||||
Dividends — unaffiliated issuers | $13,114,619 | $19,523,820 | $891,301 | $1,443,191 |
Dividends — affiliated issuers | 482,021 | 317,613 | 65,450 | 29,441 |
Income from securities lending — net | 131,734 | 774,592 | 3,548 | 10,471 |
Foreign taxes withheld | (24,412) | (1,797,874) | (5,560) | (135,910) |
Total income | 13,703,962 | 18,818,151 | 954,739 | 1,347,193 |
Expenses: | ||||
Investment advisory fee | 12,558,424 | 8,972,190 | 1,221,332 | 752,669 |
Distribution and/or service fees | ||||
Class A | 898,771 | 304,354 | 59,618 | 44,683 |
Class C | 288,969 | 71,984 | 13,607 | 9,436 |
Class R | — | 7,224 | — | — |
Transfer agent fees | ||||
Class A | 323,962 | 139,200 | 29,027 | 24,326 |
Advisor Class | 17,502 | 10,807 | 10,242 | 1,209 |
Class C | 26,028 | 8,227 | 1,657 | 1,269 |
Institutional Class | 1,249,326 | 923,495 | 82,225 | 52,106 |
Institutional 2 Class | 13,875 | 42,384 | 761 | 11,578 |
Institutional 3 Class | 3,150 | 7,992 | 2,193 | 689 |
Class R | — | 1,653 | — | — |
Administration fees | 924,726 | 561,725 | 65,534 | 42,131 |
Trustees’ fees | 232,980 | 146,824 | 17,280 | — |
Custodian fees | 12,572 | 214,313 | 4,445 | 15,812 |
Printing and postage fees | 85,042 | 91,465 | 16,291 | 14,320 |
Registration fees | 49,850 | 52,467 | 42,012 | 47,586 |
Audit fees | 21,322 | 46,933 | 16,349 | 16,453 |
Legal fees | 425,295 | 268,481 | 30,683 | 18,072 |
Compensation of chief compliance officer | 8,513 | 5,515 | 630 | 322 |
Other | 119,231 | 88,754 | 11,009 | 7,600 |
Total expenses | 17,259,538 | 11,965,987 | 1,624,895 | 1,060,261 |
Fees waived or expenses reimbursed by Investment Manager and its affiliates | (140,747) | (575,041) | (65,297) | (146,321) |
Fees waived by transfer agent | ||||
Institutional 2 Class | (790) | (3,921) | (277) | (2,267) |
Institutional 3 Class | — | (2,794) | (2,193) | (692) |
Total net expenses | 17,118,001 | 11,384,231 | 1,557,128 | 910,981 |
Net investment income (loss) | (3,414,039) | 7,433,920 | (602,389) | 436,212 |
Realized and unrealized gain (loss) — net | ||||
Net realized gain (loss) on: | ||||
Investments — unaffiliated issuers | 119,998,267 | 161,894,339 | 387,061 | (9,304,964) |
Investments — affiliated issuers | (64,059) | (16,894) | (3,097) | (3,154) |
Foreign currency translations | — | (150,131) | — | 26,004 |
Futures contracts | 278,742 | 16,049,936 | 141,608 | — |
Net realized gain (loss) | 120,212,950 | 177,777,250 | 525,572 | (9,282,114) |
Net change in unrealized appreciation (depreciation) on: | ||||
Investments — unaffiliated issuers | (92,480,878) | (440,898,305) | (24,464,122) | 1,651,999 |
Investments — affiliated issuers | 15,472 | 27,526 | 1,099 | 476 |
Foreign currency translations | — | (43,649) | — | (4,972) |
Futures contracts | — | 867,976 | — | — |
Net change in unrealized appreciation (depreciation) | (92,465,406) | (440,046,452) | (24,463,023) | 1,647,503 |
Net realized and unrealized gain (loss) | 27,747,544 | (262,269,202) | (23,937,451) | (7,634,611) |
Net increase (decrease) in net assets resulting from operations | $24,333,505 | $(254,835,282) | $(24,539,840) | $(7,198,399) |
56 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Six Months Ended June 30, 2020 (Unaudited)
Columbia Acorn SelectSM | Columbia Thermostat FundSM | Columbia Acorn Emerging Markets FundSM | Columbia Acorn European FundSM | |
Net investment income | ||||
Income: | ||||
Dividends — unaffiliated issuers | $633,355 | $— | $355,072 | $476,661 |
Dividends — affiliated issuers | 36,963 | 7,864,726 | 10,936 | 10,211 |
Income from securities lending — net | 1,037 | — | 3,942 | 22,929 |
Foreign taxes withheld | — | — | (34,969) | (55,350) |
Total income | 671,355 | 7,864,726 | 334,981 | 454,451 |
Expenses: | ||||
Investment advisory fee | 978,859 | 422,468 | 253,903 | 440,704 |
Distribution and/or service fees | ||||
Class A | 106,634 | 321,465 | 19,245 | 34,136 |
Class C | 11,380 | 819,674 | 30,244 | 25,264 |
Transfer agent fees | ||||
Class A | 57,475 | 126,462 | 10,986 | 15,638 |
Advisor Class | 1,049 | 12,458 | 456 | 812 |
Class C | 1,529 | 80,623 | 4,391 | 2,897 |
Institutional Class | 77,345 | 166,936 | 12,033 | 21,559 |
Institutional 2 Class | 808 | 17,199 | 367 | 756 |
Institutional 3 Class | 947 | 118 | 56 | 1 |
Administration fees | 57,340 | 210,518 | 10,105 | 18,430 |
Trustees’ fees | 15,643 | 6,823 | — | 1,535 |
Custodian fees | 2,328 | 944 | 18,288 | 12,204 |
Printing and postage fees | 17,690 | 34,702 | 12,945 | 9,361 |
Registration fees | 40,702 | 67,524 | 46,183 | 29,920 |
Audit fees | 16,306 | 7,151 | 21,210 | 16,349 |
Legal fees | 29,868 | 86,784 | 5,815 | 9,146 |
Line of credit interest | — | 322 | 7 | 207 |
Compensation of chief compliance officer | 973 | 1,511 | 204 | 193 |
Other | 15,219 | 22,731 | 2,955 | 7,497 |
Total expenses | 1,432,095 | 2,406,413 | 449,393 | 646,609 |
Fees waived or expenses reimbursed by Investment Manager and its affiliates | (241,836) | (227,734) | (136,647) | (143,454) |
Fees waived by transfer agent | ||||
Institutional 2 Class | (51) | — | — | (223) |
Institutional 3 Class | (89) | — | — | (1) |
Total net expenses | 1,190,119 | 2,178,679 | 312,746 | 502,931 |
Net investment income (loss) | (518,764) | 5,686,047 | 22,235 | (48,480) |
Realized and unrealized gain (loss) — net | ||||
Net realized gain (loss) on: | ||||
Investments — unaffiliated issuers | 8,861,139 | — | (2,690,957) | 2,666,972 |
Investments — affiliated issuers | (9,350) | 53,698,429 | (687) | 351 |
Capital gain distributions from underlying affiliated funds | — | 16,871,998 | — | — |
Foreign currency translations | — | — | (75,311) | (19,898) |
Futures contracts | 3,689,005 | — | (543,282) | — |
Net realized gain (loss) | 12,540,794 | 70,570,427 | (3,310,237) | 2,647,425 |
Net change in unrealized appreciation (depreciation) on: | ||||
Investments — unaffiliated issuers | (2,233,464) | — | (6,049,229) | (12,031,776) |
Investments — affiliated issuers | 2,097 | 44,078,259 | (232) | (5) |
Foreign currency translations | — | — | (20,515) | (1,064) |
Futures contracts | — | — | 26,833 | — |
Net change in unrealized appreciation (depreciation) | (2,231,367) | 44,078,259 | (6,043,143) | (12,032,845) |
Net realized and unrealized gain (loss) | 10,309,427 | 114,648,686 | (9,353,380) | (9,385,420) |
Net increase (decrease) in net assets resulting from operations | $9,790,663 | $120,334,733 | $(9,331,145) | $(9,433,900) |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 57 |
Columbia Acorn® Fund | Columbia Acorn International® | |||
Six Months Ended June 30, 2020 (Unaudited) | Year Ended December 31, 2019 | Six Months Ended June 30, 2020 (Unaudited) | Year Ended December 31, 2019 | |
Operations | ||||
Net investment income (loss) | $(3,414,039) | $(5,038,865) | $7,433,920 | $26,459,641 |
Net realized gain | 120,212,950 | 537,959,386 | 177,777,250 | 189,362,155 |
Net change in unrealized appreciation (depreciation) | (92,465,406) | 439,927,446 | (440,046,452) | 485,609,937 |
Net increase (decrease) in net assets resulting from operations | 24,333,505 | 972,847,967 | (254,835,282) | 701,431,733 |
Distributions to shareholders | ||||
Net investment income and net realized gains | ||||
Class A | (44,986,660) | (110,582,346) | (12,093,114) | (33,066,056) |
Advisor Class | (1,779,215) | (4,615,704) | (1,123,821) | (1,425,903) |
Class C | (9,659,239) | (24,489,308) | (745,821) | (2,146,649) |
Institutional Class | (137,826,128) | (344,231,371) | (82,028,834) | (213,404,097) |
Institutional 2 Class | (2,228,265) | (5,227,592) | (7,523,187) | (21,058,497) |
Institutional 3 Class | (4,495,627) | (7,796,098) | (11,599,567) | (27,606,607) |
Class R | — | — | (137,869) | (374,176) |
Total distributions to shareholders | (200,975,134) | (496,942,419) | (115,252,213) | (299,081,985) |
Decrease in net assets from capital stock activity | (102,876,628) | (115,107,691) | (106,963,561) | (213,532,913) |
Total increase (decrease) in net assets | (279,518,257) | 360,797,857 | (477,051,056) | 188,816,835 |
Net assets at beginning of period | 4,159,162,912 | 3,798,365,055 | 2,714,248,178 | 2,525,431,343 |
Net assets at end of period | $3,879,644,655 | $4,159,162,912 | $2,237,197,122 | $2,714,248,178 |
58 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn USA® | Columbia Acorn International SelectSM | |||
Six Months Ended June 30, 2020 (Unaudited) | Year Ended December 31, 2019 | Six Months Ended June 30, 2020 (Unaudited) | Year Ended December 31, 2019 | |
Operations | ||||
Net investment income (loss) | $(602,389) | $(644,036) | $436,212 | $698,274 |
Net realized gain (loss) | 525,572 | 31,861,458 | (9,282,114) | 9,151,599 |
Net change in unrealized appreciation (depreciation) | (24,463,023) | 49,992,890 | 1,647,503 | 27,625,785 |
Net increase (decrease) in net assets resulting from operations | (24,539,840) | 81,210,312 | (7,198,399) | 37,475,658 |
Distributions to shareholders | ||||
Net investment income and net realized gains | ||||
Class A | (1,480,132) | (7,620,982) | (137,241) | (3,162,237) |
Advisor Class | (377,410) | (1,842,281) | (6,211) | (194,771) |
Class C | (246,698) | (1,208,980) | (6,451) | (214,120) |
Institutional Class | (3,262,723) | (16,965,767) | (262,013) | (7,922,245) |
Institutional 2 Class | (55,333) | (383,196) | (225,716) | (289,819) |
Institutional 3 Class | (1,269,709) | (6,484,915) | (53,063) | (1,214,883) |
Total distributions to shareholders | (6,692,005) | (34,506,121) | (690,695) | (12,998,075) |
Increase (decrease) in net assets from capital stock activity | (10,760,856) | (13,299,648) | 63,426,769 | 14,414,867 |
Total increase (decrease) in net assets | (41,992,701) | 33,404,543 | 55,537,675 | 38,892,450 |
Net assets at beginning of period | 309,398,307 | 275,993,764 | 148,158,631 | 109,266,181 |
Net assets at end of period | $267,405,606 | $309,398,307 | $203,696,306 | $148,158,631 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 59 |
Columbia Acorn SelectSM | Columbia Thermostat FundSM | |||
Six Months Ended June 30, 2020 (Unaudited) | Year Ended December 31, 2019 | Six Months Ended June 30, 2020 (Unaudited) | Year Ended December 31, 2019 | |
Operations | ||||
Net investment income (loss) | $(518,764) | $(715,138) | $5,686,047 | $12,117,664 |
Net realized gain | 12,540,794 | 31,548,954 | 70,570,427 | 35,238,644 |
Net change in unrealized appreciation (depreciation) | (2,231,367) | 35,028,294 | 44,078,259 | 47,454,371 |
Net increase in net assets resulting from operations | 9,790,663 | 65,862,110 | 120,334,733 | 94,810,679 |
Distributions to shareholders | ||||
Net investment income and net realized gains | ||||
Class A | (2,480,863) | (9,817,828) | (3,746,907) | (11,138,390) |
Advisor Class | (37,532) | (175,832) | (455,554) | (822,651) |
Class C | (109,857) | (557,316) | (2,168,982) | (6,895,240) |
Institutional Class | (3,090,266) | (11,309,913) | (5,254,336) | (15,210,441) |
Institutional 2 Class | (65,972) | (227,384) | (946,397) | (2,004,840) |
Institutional 3 Class | (1,885,205) | (2,234,860) | (24,590) | (45,752) |
Total distributions to shareholders | (7,669,695) | (24,323,133) | (12,596,766) | (36,117,314) |
Increase (decrease) in net assets from capital stock activity | (38,335,318) | (23,086,627) | 288,300,420 | 23,842,525 |
Total increase (decrease) in net assets | (36,214,350) | 18,452,350 | 396,038,387 | 82,535,890 |
Net assets at beginning of period | 253,846,995 | 235,394,645 | 724,388,772 | 641,852,882 |
Net assets at end of period | $217,632,645 | $253,846,995 | $1,120,427,159 | $724,388,772 |
60 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn Emerging Markets FundSM | Columbia Acorn European FundSM | |||
Six Months Ended June 30, 2020 (Unaudited) | Year Ended December 31, 2019 | Six Months Ended June 30, 2020 (Unaudited) | Year Ended December 31, 2019 | |
Operations | ||||
Net investment income (loss) | $22,235 | $186,997 | $(48,480) | $354,347 |
Net realized gain (loss) | (3,310,237) | (885,529) | 2,647,425 | 1,654,113 |
Net change in unrealized appreciation (depreciation) | (6,043,143) | 11,492,096 | (12,032,845) | 27,314,511 |
Net increase (decrease) in net assets resulting from operations | (9,331,145) | 10,793,564 | (9,433,900) | 29,322,971 |
Distributions to shareholders | ||||
Net investment income and net realized gains | ||||
Class A | — | — | (160,959) | (264,373) |
Advisor Class | — | — | (7,030) | (18,540) |
Class C | — | — | (30,429) | (12,781) |
Institutional Class | — | — | (199,953) | (509,487) |
Institutional 2 Class | — | — | (22,104) | (20,361) |
Institutional 3 Class | — | — | (21) | (218) |
Total distributions to shareholders | — | — | (420,496) | (825,760) |
Decrease in net assets from capital stock activity | (15,430,866) | (13,243,197) | (13,149,439) | (3,740,595) |
Total increase (decrease) in net assets | (24,762,011) | (2,449,633) | (23,003,835) | 24,756,616 |
Net assets at beginning of period | 56,636,636 | 59,086,269 | 93,262,197 | 68,505,581 |
Net assets at end of period | $31,874,625 | $56,636,636 | $70,258,362 | $93,262,197 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 61 |
Columbia Acorn® Fund | Columbia Acorn International® | |||||||
Six Months Ended | Year Ended | Six Months Ended | Year Ended | |||||
June 30, 2020 (Unaudited) | December 31, 2019 | June 30, 2020 (Unaudited) | December 31, 2019 | |||||
Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | |
Capital stock activity | ||||||||
Class A | ||||||||
Subscriptions | 2,063,813 | 22,250,286 | 4,133,500 | 49,889,518 | 241,457 | 6,931,668 | 677,087 | 22,088,511 |
Distributions reinvested | 3,687,068 | 41,221,415 | 8,657,230 | 101,720,934 | 389,132 | 11,561,097 | 970,899 | 31,720,047 |
Redemptions | (7,644,236) | (82,515,526) | (15,689,169) | (189,802,211) | (1,631,261) | (48,064,420) | (2,698,710) | (88,374,572) |
Net decrease | (1,893,355) | (19,043,825) | (2,898,439) | (38,191,759) | (1,000,672) | (29,571,655) | (1,050,724) | (34,566,014) |
Advisor Class | ||||||||
Subscriptions | 178,416 | 2,537,077 | 634,032 | 9,825,645 | 478,999 | 15,232,329 | 208,923 | 6,902,364 |
Distributions reinvested | 104,049 | 1,565,939 | 267,774 | 4,133,765 | 37,235 | 1,123,760 | 42,987 | 1,423,610 |
Redemptions | (533,117) | (7,728,089) | (1,016,953) | (15,975,063) | (150,124) | (4,246,940) | (311,685) | (10,230,546) |
Net increase (decrease) | (250,652) | (3,625,073) | (115,147) | (2,015,653) | 366,110 | 12,109,149 | (59,775) | (1,904,572) |
Class C | ||||||||
Subscriptions | 573,093 | 2,071,656 | 1,119,825 | 5,491,211 | 11,532 | 308,595 | 29,066 | 886,533 |
Distributions reinvested | 2,618,502 | 9,138,580 | 5,251,248 | 23,102,168 | 26,561 | 731,208 | 68,676 | 2,086,897 |
Redemptions | (3,901,645) | (14,576,423) | (6,921,008) | (34,594,301) | (131,143) | (3,613,672) | (336,100) | (10,292,732) |
Net decrease | (710,050) | (3,366,187) | (549,935) | (6,000,922) | (93,050) | (2,573,869) | (238,358) | (7,319,302) |
Institutional Class | ||||||||
Subscriptions | 2,339,443 | 32,152,760 | 5,282,488 | 78,653,539 | 1,521,932 | 44,257,746 | 3,027,722 | 97,126,882 |
Distributions reinvested | 8,898,685 | 126,628,315 | 21,464,688 | 314,291,159 | 2,166,008 | 64,546,951 | 5,165,099 | 169,181,217 |
Redemptions | (19,765,812) | (268,163,669) | (31,681,570) | (472,045,610) | (7,129,547) | (200,647,672) | (13,128,298) | (430,557,597) |
Net decrease | (8,527,684) | (109,382,594) | (4,934,394) | (79,100,912) | (3,441,607) | (91,842,975) | (4,935,477) | (164,249,498) |
Institutional 2 Class | ||||||||
Subscriptions | 506,927 | 7,355,055 | 1,259,715 | 19,821,837 | 223,430 | 6,428,383 | 1,727,791 | 55,959,823 |
Distributions reinvested | 146,165 | 2,226,100 | 335,376 | 5,227,592 | 99,447 | 2,961,542 | 291,169 | 9,522,689 |
Redemptions | (621,009) | (8,846,784) | (1,005,277) | (15,963,671) | (771,459) | (22,447,905) | (2,091,836) | (68,276,761) |
Net increase (decrease) | 32,083 | 734,371 | 589,814 | 9,085,758 | (448,582) | (13,057,980) | (72,876) | (2,794,249) |
Institutional 3 Class | ||||||||
Subscriptions | 5,443,242 | 69,564,837 | 3,890,545 | 60,686,076 | 2,887,153 | 74,318,705 | 2,923,055 | 94,591,351 |
Distributions reinvested | 290,469 | 4,479,024 | 493,331 | 7,781,931 | 289,262 | 8,732,830 | 612,009 | 20,271,580 |
Redemptions | (2,983,758) | (42,237,181) | (4,198,217) | (67,352,210) | (2,272,403) | (64,718,833) | (3,297,334) | (110,042,832) |
Net increase | 2,749,953 | 31,806,680 | 185,659 | 1,115,797 | 904,012 | 18,332,702 | 237,730 | 4,820,099 |
Class R | ||||||||
Subscriptions | — | — | — | — | 5,807 | 166,960 | 30,713 | 995,788 |
Distributions reinvested | — | — | — | — | 4,563 | 135,529 | 10,724 | 350,523 |
Redemptions | — | — | — | — | (24,750) | (661,422) | (274,820) | (8,865,688) |
Net decrease | — | — | — | — | (14,380) | (358,933) | (233,383) | (7,519,377) |
Total net decrease | (8,599,705) | (102,876,628) | (7,722,442) | (115,107,691) | (3,728,169) | (106,963,561) | (6,352,863) | (213,532,913) |
62 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn USA® | Columbia Acorn International SelectSM | |||||||
Six Months Ended | Year Ended | Six Months Ended | Year Ended | |||||
June 30, 2020 (Unaudited) | December 31, 2019 | June 30, 2020 (Unaudited) | December 31, 2019 | |||||
Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | |
Capital stock activity | ||||||||
Class A | ||||||||
Subscriptions | 191,132 | 1,932,980 | 491,865 | 5,786,792 | 530,896 | 13,502,826 | 347,272 | 9,462,114 |
Distributions reinvested | 133,006 | 1,417,839 | 634,698 | 7,303,655 | 5,031 | 134,560 | 109,077 | 3,076,483 |
Redemptions | (602,899) | (6,046,820) | (1,072,140) | (12,603,235) | (365,546) | (8,538,450) | (257,870) | (7,091,324) |
Net increase (decrease) | (278,761) | (2,696,001) | 54,423 | 487,212 | 170,381 | 5,098,936 | 198,479 | 5,447,273 |
Advisor Class | ||||||||
Subscriptions | 95,337 | 1,332,897 | 120,871 | 1,933,694 | 28,888 | 781,857 | 79,526 | 2,161,624 |
Distributions reinvested | 25,127 | 377,410 | 115,785 | 1,842,281 | 226 | 6,202 | 6,747 | 194,489 |
Redemptions | (142,867) | (1,934,390) | (117,952) | (1,888,811) | (29,511) | (737,582) | (66,954) | (1,894,157) |
Net increase (decrease) | (22,403) | (224,083) | 118,704 | 1,887,164 | (397) | 50,477 | 19,319 | 461,956 |
Class C | ||||||||
Subscriptions | 71,381 | 251,847 | 92,806 | 473,031 | 3,475 | 81,889 | 15,892 | 397,853 |
Distributions reinvested | 67,282 | 237,506 | 274,808 | 1,182,883 | 265 | 6,425 | 8,233 | 211,391 |
Redemptions | (141,791) | (501,698) | (612,117) | (2,976,839) | (29,443) | (630,418) | (56,413) | (1,390,018) |
Net decrease | (3,128) | (12,345) | (244,503) | (1,320,925) | (25,703) | (542,104) | (32,288) | (780,774) |
Institutional Class | ||||||||
Subscriptions | 209,397 | 2,683,849 | 675,875 | 10,092,246 | 301,791 | 7,641,171 | 722,561 | 20,085,054 |
Distributions reinvested | 224,587 | 3,132,986 | 1,087,911 | 16,120,066 | 8,638 | 234,700 | 249,415 | 7,131,691 |
Redemptions | (890,671) | (11,767,437) | (2,853,692) | (42,620,474) | (570,427) | (14,336,496) | (820,978) | (22,993,971) |
Net increase (decrease) | (456,687) | (5,950,602) | (1,089,906) | (16,408,162) | (259,998) | (6,460,625) | 150,998 | 4,222,774 |
Institutional 2 Class | ||||||||
Subscriptions | 41,195 | 595,134 | 70,285 | 1,123,435 | 2,552,029 | 65,920,824 | 69,064 | 1,956,202 |
Distributions reinvested | 3,648 | 55,310 | 23,915 | 383,079 | 8,235 | 225,716 | 10,034 | 289,564 |
Redemptions | (93,882) | (1,500,967) | (103,044) | (1,613,701) | (210,123) | (5,228,635) | (13,076) | (375,971) |
Net increase (decrease) | (49,039) | (850,523) | (8,844) | (107,187) | 2,350,141 | 60,917,905 | 66,022 | 1,869,795 |
Institutional 3 Class | ||||||||
Subscriptions | 265,092 | 4,019,907 | 548,567 | 8,889,451 | 281,563 | 7,774,313 | 215,978 | 6,017,663 |
Distributions reinvested | 82,632 | 1,268,396 | 399,438 | 6,478,123 | 1,931 | 52,896 | 42,076 | 1,212,536 |
Redemptions | (438,012) | (6,315,605) | (810,994) | (13,205,324) | (135,963) | (3,465,029) | (143,101) | (4,036,356) |
Net increase (decrease) | (90,288) | (1,027,302) | 137,011 | 2,162,250 | 147,531 | 4,362,180 | 114,953 | 3,193,843 |
Total net increase (decrease) | (900,306) | (10,760,856) | (1,033,115) | (13,299,648) | 2,381,955 | 63,426,769 | 517,483 | 14,414,867 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 63 |
Columbia Acorn SelectSM | Columbia Thermostat FundSM | |||||||
Six Months Ended | Year Ended | Six Months Ended | Year Ended | |||||
June 30, 2020 (Unaudited) | December 31, 2019 | June 30, 2020 (Unaudited) | December 31, 2019 | |||||
Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | |
Capital stock activity | ||||||||
Class A | ||||||||
Subscriptions | 169,308 | 1,821,331 | 310,595 | 3,646,132 | 7,336,101 | 120,102,688 | 3,581,278 | 53,531,987 |
Distributions reinvested | 226,739 | 2,201,633 | 738,947 | 8,744,433 | 205,143 | 3,565,383 | 696,942 | 10,498,008 |
Redemptions | (978,242) | (10,593,107) | (1,798,929) | (21,114,961) | (2,838,989) | (44,971,753) | (3,367,020) | (50,214,156) |
Net increase (decrease) | (582,195) | (6,570,143) | (749,387) | (8,724,396) | 4,702,255 | 78,696,318 | 911,200 | 13,815,839 |
Advisor Class | ||||||||
Subscriptions | 4,122 | 55,872 | 21,953 | 314,901 | 2,080,011 | 33,499,896 | 973,291 | 13,978,579 |
Distributions reinvested | 3,089 | 37,531 | 11,997 | 175,831 | 26,013 | 448,211 | 55,095 | 821,970 |
Redemptions | (50,591) | (644,820) | (241,031) | (3,217,568) | (745,727) | (11,446,590) | (806,540) | (11,813,803) |
Net increase (decrease) | (43,380) | (551,417) | (207,081) | (2,726,836) | 1,360,297 | 22,501,517 | 221,846 | 2,986,746 |
Class C | ||||||||
Subscriptions | 12,882 | 71,734 | 43,809 | 288,185 | 1,795,093 | 29,757,935 | 832,275 | 12,480,689 |
Distributions reinvested | 18,807 | 93,479 | 75,190 | 477,504 | 103,059 | 1,798,380 | 370,397 | 5,611,576 |
Redemptions | (145,513) | (822,393) | (310,195) | (2,073,320) | (1,197,774) | (19,162,211) | (2,871,430) | (42,896,426) |
Net increase (decrease) | (113,824) | (657,180) | (191,196) | (1,307,631) | 700,378 | 12,394,104 | (1,668,758) | (24,804,161) |
Institutional Class | ||||||||
Subscriptions | 198,564 | 2,551,551 | 381,259 | 5,311,586 | 11,868,989 | 189,482,495 | 5,266,201 | 76,965,586 |
Distributions reinvested | 249,708 | 2,881,627 | 753,611 | 10,530,126 | 237,554 | 4,066,930 | 778,189 | 11,538,524 |
Redemptions | (997,884) | (12,840,950) | (1,936,667) | (26,456,006) | (4,049,546) | (61,092,085) | (5,410,758) | (79,342,105) |
Net increase (decrease) | (549,612) | (7,407,772) | (801,797) | (10,614,294) | 8,056,997 | 132,457,340 | 633,632 | 9,162,005 |
Institutional 2 Class | ||||||||
Subscriptions | 51,828 | 733,408 | 57,886 | 833,240 | 4,098,000 | 65,601,056 | 2,180,445 | 32,262,973 |
Distributions reinvested | 5,387 | 65,937 | 15,358 | 227,265 | 54,864 | 946,397 | 134,270 | 2,004,839 |
Redemptions | (28,255) | (388,772) | (41,927) | (609,157) | (1,638,560) | (25,443,701) | (794,328) | (11,886,178) |
Net increase | 28,960 | 410,573 | 31,317 | 451,348 | 2,514,304 | 41,103,752 | 1,520,387 | 22,381,634 |
Institutional 3 Class | ||||||||
Subscriptions | 3,950,608 | 43,244,802 | 3,695,613 | 51,857,064 | 81,106 | 1,332,748 | 58,523 | 828,161 |
Distributions reinvested | 152,030 | 1,885,170 | 149,922 | 2,234,741 | 1,426 | 24,554 | 3,059 | 45,602 |
Redemptions | (5,050,947) | (68,689,351) | (3,657,932) | (54,256,623) | (13,145) | (209,913) | (39,256) | (573,301) |
Net increase (decrease) | (948,309) | (23,559,379) | 187,603 | (164,818) | 69,387 | 1,147,389 | 22,326 | 300,462 |
Total net increase (decrease) | (2,208,360) | (38,335,318) | (1,730,541) | (23,086,627) | 17,403,618 | 288,300,420 | 1,640,633 | 23,842,525 |
64 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn Emerging Markets FundSM | Columbia Acorn European FundSM | |||||||
Six Months Ended | Year Ended | Six Months Ended | Year Ended | |||||
June 30, 2020 (Unaudited) | December 31, 2019 | June 30, 2020 (Unaudited) | December 31, 2019 | |||||
Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | |
Capital stock activity | ||||||||
Class A | ||||||||
Subscriptions | 129,071 | 1,507,853 | 389,408 | 4,556,362 | 296,582 | 6,191,036 | 588,163 | 11,883,992 |
Distributions reinvested | — | — | — | — | 7,687 | 160,744 | 11,556 | 254,820 |
Redemptions | (814,874) | (8,659,926) | (728,785) | (8,618,320) | (494,273) | (9,440,177) | (587,839) | (10,901,694) |
Net increase (decrease) | (685,803) | (7,152,073) | (339,377) | (4,061,958) | (190,004) | (3,088,397) | 11,880 | 1,237,118 |
Advisor Class | ||||||||
Subscriptions | 6,423 | 71,572 | 8,788 | 102,728 | 10,058 | 212,174 | 45,419 | 904,047 |
Distributions reinvested | — | — | — | — | 332 | 7,010 | 833 | 18,503 |
Redemptions | (30,654) | (331,109) | (24,340) | (289,309) | (38,657) | (675,458) | (57,731) | (1,073,237) |
Net decrease | (24,231) | (259,537) | (15,552) | (186,581) | (28,267) | (456,274) | (11,479) | (150,687) |
Class C | ||||||||
Subscriptions | 4,958 | 54,430 | 22,883 | 265,684 | 6,953 | 149,307 | 21,243 | 401,532 |
Distributions reinvested | — | — | — | — | 1,483 | 30,396 | 589 | 12,768 |
Redemptions | (101,828) | (1,119,876) | (268,741) | (3,112,294) | (47,498) | (847,785) | (314,829) | (5,716,994) |
Net decrease | (96,870) | (1,065,446) | (245,858) | (2,846,610) | (39,062) | (668,082) | (292,997) | (5,302,694) |
Institutional Class | ||||||||
Subscriptions | 39,552 | 433,142 | 125,924 | 1,492,856 | 140,753 | 2,813,570 | 792,207 | 14,929,566 |
Distributions reinvested | — | — | — | — | 9,440 | 198,135 | 22,896 | 506,245 |
Redemptions | (573,112) | (5,877,237) | (777,599) | (9,170,301) | (754,538) | (13,452,656) | (721,406) | (13,775,797) |
Net increase (decrease) | (533,560) | (5,444,095) | (651,675) | (7,677,445) | (604,345) | (10,440,951) | 93,697 | 1,660,014 |
Institutional 2 Class | ||||||||
Subscriptions | 24,152 | 301,307 | 126,385 | 1,588,565 | 136,433 | 2,582,626 | 42,517 | 875,563 |
Distributions reinvested | — | — | — | — | 1,040 | 22,084 | 909 | 20,321 |
Redemptions | (167,621) | (1,672,250) | (8,031) | (96,730) | (59,734) | (1,088,218) | (110,095) | (2,092,686) |
Net increase (decrease) | (143,469) | (1,370,943) | 118,354 | 1,491,835 | 77,739 | 1,516,492 | (66,669) | (1,196,802) |
Institutional 3 Class | ||||||||
Subscriptions | 8,369 | 92,203 | 21,739 | 259,887 | 41 | 743 | 773 | 13,848 |
Distributions reinvested | — | — | — | — | — | — | 8 | 176 |
Redemptions | (22,025) | (230,975) | (18,691) | (222,325) | (741) | (12,970) | (81) | (1,568) |
Net increase (decrease) | (13,656) | (138,772) | 3,048 | 37,562 | (700) | (12,227) | 700 | 12,456 |
Total net decrease | (1,497,589) | (15,430,866) | (1,131,060) | (13,243,197) | (784,639) | (13,149,439) | (264,868) | (3,740,595) |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 65 |
Columbia Acorn® Fund
Net asset value, beginning of period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net realized gains | Total distributions to shareholders | |
Class A | ||||||
Six Months Ended 6/30/2020 (Unaudited) | $11.71 | (0.02) | 0.13 | 0.11 | (0.70) | (0.70) |
Year Ended 12/31/2019 | $10.65 | (0.04) | 2.78 | 2.74 | (1.68) | (1.68) |
Year Ended 12/31/2018 | $12.92 | (0.03) | (0.48) | (0.51) | (1.76) | (1.76) |
Year Ended 12/31/2017 | $13.35 | (0.02) | 3.23 | 3.21 | (3.64) | (3.64) |
Year Ended 12/31/2016 | $17.63 | (0.03) | 1.73 | 1.70 | (5.98) | (5.98) |
Year Ended 12/31/2015 | $30.30 | (0.12) | (0.27)(f) | (0.39) | (12.28) | (12.28) |
Advisor Class | ||||||
Six Months Ended 6/30/2020 (Unaudited) | $15.52 | (0.01) | 0.17 | 0.16 | (0.70) | (0.70) |
Year Ended 12/31/2019 | $13.63 | (0.01) | 3.58 | 3.57 | (1.68) | (1.68) |
Year Ended 12/31/2018 | $16.06 | 0.01 | (0.64) | (0.63) | (1.80) | (1.80) |
Year Ended 12/31/2017 | $15.83 | 0.02 | 3.85 | 3.87 | (3.64) | (3.64) |
Year Ended 12/31/2016 | $19.84 | 0.00(g) | 1.97 | 1.97 | (5.98) | (5.98) |
Year Ended 12/31/2015 | $32.51 | (0.07) | (0.32)(f) | (0.39) | (12.28) | (12.28) |
Class C | ||||||
Six Months Ended 6/30/2020 (Unaudited) | $4.14 | (0.02) | 0.05 | 0.03 | (0.70) | (0.70) |
Year Ended 12/31/2019 | $4.69 | (0.05) | 1.18 | 1.13 | (1.68) | (1.68) |
Year Ended 12/31/2018 | $6.58 | (0.06) | (0.17) | (0.23) | (1.66) | (1.66) |
Year Ended 12/31/2017 | $8.34 | (0.08) | 1.96 | 1.88 | (3.64) | (3.64) |
Year Ended 12/31/2016 | $13.16 | (0.11) | 1.27 | 1.16 | (5.98) | (5.98) |
Year Ended 12/31/2015 | $25.92 | (0.27) | (0.21)(f) | (0.48) | (12.28) | (12.28) |
Institutional Class | ||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.70 | (0.01) | 0.16 | 0.15 | (0.70) | (0.70) |
Year Ended 12/31/2019 | $12.98 | (0.01) | 3.41 | 3.40 | (1.68) | (1.68) |
Year Ended 12/31/2018 | $15.39 | 0.01 | (0.62) | (0.61) | (1.80) | (1.80) |
Year Ended 12/31/2017 | $15.29 | 0.02 | 3.72 | 3.74 | (3.64) | (3.64) |
Year Ended 12/31/2016 | $19.34 | 0.01 | 1.92 | 1.93 | (5.98) | (5.98) |
Year Ended 12/31/2015 | $31.95 | (0.04) | (0.29)(f) | (0.33) | (12.28) | (12.28) |
Institutional 2 Class | ||||||
Six Months Ended 6/30/2020 (Unaudited) | $15.69 | (0.01) | 0.17 | 0.16 | (0.70) | (0.70) |
Year Ended 12/31/2019 | $13.76 | (0.00)(g) | 3.61 | 3.61 | (1.68) | (1.68) |
Year Ended 12/31/2018 | $16.20 | 0.01 | (0.65) | (0.64) | (1.80) | (1.80) |
Year Ended 12/31/2017 | $15.94 | 0.02 | 3.88 | 3.90 | (3.64) | (3.64) |
Year Ended 12/31/2016 | $19.92 | 0.01 | 1.99 | 2.00 | (5.98) | (5.98) |
Year Ended 12/31/2015 | $32.55 | (0.04) | (0.31)(f) | (0.35) | (12.28) | (12.28) |
66 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn® Fund
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) | |
Class A | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $11.12 | 0.93%(b) | 1.12%(c) | 1.11%(c) | (0.37%)(c) | 47% | $748,815 |
Year Ended 12/31/2019 | $11.71 | 26.21%(b) | 1.11% | 1.10%(d) | (0.30%) | 101% | $810,966 |
Year Ended 12/31/2018 | $10.65 | (5.22%)(b) | 1.10% | 1.08%(d) | (0.20%) | 66% | $768,031 |
Year Ended 12/31/2017 | $12.92 | 24.91% | 1.09% | 1.08%(d) | (0.13%) | 72% | $830,454 |
Year Ended 12/31/2016 | $13.35 | 10.06% | 1.10%(e) | 1.10%(e) | (0.21%) | 85% | $931,460 |
Year Ended 12/31/2015 | $17.63 | (1.87%) | 1.08% | 1.08% | (0.39%) | 21% | $1,388,893 |
Advisor Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.98 | 1.03%(b) | 0.87%(c) | 0.86%(c) | (0.13%)(c) | 47% | $38,953 |
Year Ended 12/31/2019 | $15.52 | 26.58%(b) | 0.86% | 0.85%(d) | (0.05%) | 101% | $44,248 |
Year Ended 12/31/2018 | $13.63 | (5.00%)(b) | 0.85% | 0.83%(d) | 0.05% | 66% | $40,425 |
Year Ended 12/31/2017 | $16.06 | 25.19% | 0.84% | 0.83%(d) | 0.12% | 72% | $38,588 |
Year Ended 12/31/2016 | $15.83 | 10.32% | 0.89%(e) | 0.89%(e) | 0.00%(g) | 85% | $33,378 |
Year Ended 12/31/2015 | $19.84 | (1.75%) | 0.89% | 0.89% | (0.23%) | 21% | $50,335 |
Class C | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $3.47 | 0.69%(b) | 1.87%(c) | 1.86%(c) | (1.12%)(c) | 47% | $55,667 |
Year Ended 12/31/2019 | $4.14 | 25.12%(b) | 1.86% | 1.85%(d) | (1.05%) | 101% | $69,471 |
Year Ended 12/31/2018 | $4.69 | (5.86%)(b) | 1.85% | 1.82%(d) | (0.94%) | 66% | $81,149 |
Year Ended 12/31/2017 | $6.58 | 23.88% | 1.84% | 1.83%(d) | (0.88%) | 72% | $246,450 |
Year Ended 12/31/2016 | $8.34 | 9.29% | 1.84%(e) | 1.84%(e) | (0.95%) | 85% | $302,119 |
Year Ended 12/31/2015 | $13.16 | (2.57%) | 1.80% | 1.80% | (1.11%) | 21% | $456,348 |
Institutional Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.15 | 1.01%(b) | 0.87%(c) | 0.86%(c) | (0.12%)(c) | 47% | $2,880,480 |
Year Ended 12/31/2019 | $14.70 | 26.60%(b) | 0.86% | 0.85%(d) | (0.05%) | 101% | $3,117,486 |
Year Ended 12/31/2018 | $12.98 | (5.09%)(b) | 0.85% | 0.83%(d) | 0.05% | 66% | $2,816,948 |
Year Ended 12/31/2017 | $15.39 | 25.24% | 0.84% | 0.83%(d) | 0.12% | 72% | $3,407,214 |
Year Ended 12/31/2016 | $15.29 | 10.39% | 0.82%(e) | 0.82%(e) | 0.07% | 85% | $3,425,935 |
Year Ended 12/31/2015 | $19.34 | (1.57%) | 0.80% | 0.80% | (0.11%) | 21% | $5,062,313 |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $15.15 | 1.01%(b) | 0.84%(c) | 0.82%(c) | (0.08%)(c) | 47% | $50,311 |
Year Ended 12/31/2019 | $15.69 | 26.63%(b) | 0.83% | 0.82% | (0.02%) | 101% | $51,584 |
Year Ended 12/31/2018 | $13.76 | (5.00%)(b) | 0.81% | 0.80% | 0.08% | 66% | $37,124 |
Year Ended 12/31/2017 | $16.20 | 25.21% | 0.82% | 0.81% | 0.14% | 72% | $67,932 |
Year Ended 12/31/2016 | $15.94 | 10.43% | 0.81%(e) | 0.81%(e) | 0.08% | 85% | $45,475 |
Year Ended 12/31/2015 | $19.92 | (1.60%) | 0.77% | 0.77% | (0.11%) | 21% | $76,412 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 67 |
Columbia Acorn® Fund
Net asset value, beginning of period | Net investment income (loss) | Net realized and unrealized gain (loss) | Total from investment operations | Distributions from net realized gains | Total distributions to shareholders | |
Institutional 3 Class | ||||||
Six Months Ended 6/30/2020 (Unaudited) | $15.87 | (0.00)(g) | 0.17 | 0.17 | (0.70) | (0.70) |
Year Ended 12/31/2019 | $13.89 | 0.00(g) | 3.66 | 3.66 | (1.68) | (1.68) |
Year Ended 12/31/2018 | $16.34 | 0.02 | (0.66) | (0.64) | (1.81) | (1.81) |
Year Ended 12/31/2017 | $16.04 | 0.03 | 3.91 | 3.94 | (3.64) | (3.64) |
Year Ended 12/31/2016 | $20.00 | 0.02 | 2.00 | 2.02 | (5.98) | (5.98) |
Year Ended 12/31/2015 | $32.61 | (0.02) | (0.31)(f) | (0.33) | (12.28) | (12.28) |
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) | Had the Investment Manager and/or Transfer Agent not waived fees and/or reimbursed a portion of expenses, total return would have been reduced. |
(c) | Annualized. |
(d) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(e) | Ratios include line of credit interest expense which is less than 0.01%. |
(f) | 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 Statements of Operations due to the timing of subscriptions and redemptions of Fund shares in relation to fluctuations in the market value of the portfolio. |
(g) | Rounds to zero. |
68 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn® Fund
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) | |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $15.34 | 1.07%(b) | 0.79%(c) | 0.78%(c) | (0.06%)(c) | 47% | $105,418 |
Year Ended 12/31/2019 | $15.87 | 26.74%(b) | 0.78% | 0.77% | 0.03% | 101% | $65,408 |
Year Ended 12/31/2018 | $13.89 | (4.98%)(b) | 0.76% | 0.76% | 0.13% | 66% | $54,688 |
Year Ended 12/31/2017 | $16.34 | 25.31% | 0.76% | 0.76% | 0.19% | 72% | $47,536 |
Year Ended 12/31/2016 | $16.04 | 10.50% | 0.76%(e) | 0.76%(e) | 0.12% | 85% | $79,518 |
Year Ended 12/31/2015 | $20.00 | (1.54%) | 0.73% | 0.73% | (0.06%) | 21% | $130,546 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 69 |
Columbia Acorn International®
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 | Total distributions to shareholders | |
Class A | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $34.20 | 0.06 | (3.17) | (3.11) | (0.20) | (1.36) | (1.56) |
Year Ended 12/31/2019 | $29.48 | 0.25 | 8.19 | 8.44 | (0.65) | (3.07) | (3.72) |
Year Ended 12/31/2018 | $46.51 | 0.23 | (7.41) | (7.18) | (0.29) | (9.56) | (9.85) |
Year Ended 12/31/2017 | $37.71 | 0.25 | 11.71 | 11.96 | (0.67) | (2.49) | (3.16) |
Year Ended 12/31/2016 | $39.08 | 0.35 | (1.31) | (0.96) | (0.15) | (0.26) | (0.41) |
Year Ended 12/31/2015 | $41.68 | 0.39 | (1.02) | (0.63) | (0.40) | (1.57) | (1.97) |
Advisor Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $34.67 | 0.12 | (3.23) | (3.11) | (0.20) | (1.36) | (1.56) |
Year Ended 12/31/2019 | $29.84 | 0.33 | 8.30 | 8.63 | (0.73) | (3.07) | (3.80) |
Year Ended 12/31/2018 | $46.95 | 0.46 | (7.61) | (7.15) | (0.40) | (9.56) | (9.96) |
Year Ended 12/31/2017 | $38.03 | 0.36 | 11.82 | 12.18 | (0.77) | (2.49) | (3.26) |
Year Ended 12/31/2016 | $39.41 | 0.48 | (1.38) | (0.90) | (0.22) | (0.26) | (0.48) |
Year Ended 12/31/2015 | $42.02 | 0.47 | (1.03) | (0.56) | (0.48) | (1.57) | (2.05) |
Class C | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $31.92 | (0.05) | (2.96) | (3.01) | (0.20) | (1.36) | (1.56) |
Year Ended 12/31/2019 | $27.63 | 0.00(f) | 7.65 | 7.65 | (0.29) | (3.07) | (3.36) |
Year Ended 12/31/2018 | $44.57 | (0.05) | (7.09) | (7.14) | (0.24) | (9.56) | (9.80) |
Year Ended 12/31/2017 | $36.18 | (0.06) | 11.20 | 11.14 | (0.26) | (2.49) | (2.75) |
Year Ended 12/31/2016 | $37.65 | 0.05 | (1.26) | (1.21) | — | (0.26) | (0.26) |
Year Ended 12/31/2015 | $40.20 | 0.07 | (0.97) | (0.90) | (0.08) | (1.57) | (1.65) |
Institutional Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $34.25 | 0.10 | (3.17) | (3.07) | (0.20) | (1.36) | (1.56) |
Year Ended 12/31/2019 | $29.51 | 0.33 | 8.21 | 8.54 | (0.73) | (3.07) | (3.80) |
Year Ended 12/31/2018 | $46.57 | 0.34 | (7.44) | (7.10) | (0.40) | (9.56) | (9.96) |
Year Ended 12/31/2017 | $37.74 | 0.37 | 11.73 | 12.10 | (0.78) | (2.49) | (3.27) |
Year Ended 12/31/2016 | $39.12 | 0.44 | (1.32) | (0.88) | (0.24) | (0.26) | (0.50) |
Year Ended 12/31/2015 | $41.73 | 0.51 | (1.03) | (0.52) | (0.52) | (1.57) | (2.09) |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $34.22 | 0.11 | (3.17) | (3.06) | (0.20) | (1.36) | (1.56) |
Year Ended 12/31/2019 | $29.49 | 0.35 | 8.20 | 8.55 | (0.75) | (3.07) | (3.82) |
Year Ended 12/31/2018 | $46.54 | 0.37 | (7.43) | (7.06) | (0.43) | (9.56) | (9.99) |
Year Ended 12/31/2017 | $37.72 | 0.38 | 11.72 | 12.10 | (0.79) | (2.49) | (3.28) |
Year Ended 12/31/2016 | $39.10 | 0.44 | (1.30) | (0.86) | (0.26) | (0.26) | (0.52) |
Year Ended 12/31/2015 | $41.71 | 0.54 | (1.05) | (0.51) | (0.53) | (1.57) | (2.10) |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $34.67 | 0.13 | (3.22) | (3.09) | (0.20) | (1.36) | (1.56) |
Year Ended 12/31/2019 | $29.83 | 0.37 | 8.30 | 8.67 | (0.76) | (3.07) | (3.83) |
Year Ended 12/31/2018 | $46.95 | 0.51 | (7.62) | (7.11) | (0.45) | (9.56) | (10.01) |
Year Ended 12/31/2017 | $38.02 | 0.40 | 11.83 | 12.23 | (0.81) | (2.49) | (3.30) |
Year Ended 12/31/2016 | $39.41 | 0.47 | (1.32) | (0.85) | (0.28) | (0.26) | (0.54) |
Year Ended 12/31/2015 | $42.02 | 0.53 | (1.01) | (0.48) | (0.56) | (1.57) | (2.13) |
70 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn International®
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) | |
Class A | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $29.53 | (9.12%)(b) | 1.29%(c) | 1.24%(c) | 0.41%(c) | 36% | $236,289 |
Year Ended 12/31/2019 | $34.20 | 29.56%(b) | 1.27%(d) | 1.24%(d),(e) | 0.76% | 32% | $307,872 |
Year Ended 12/31/2018 | $29.48 | (16.13%)(b) | 1.25%(d) | 1.24%(d),(e) | 0.51% | 32% | $296,349 |
Year Ended 12/31/2017 | $46.51 | 31.91% | 1.23% | 1.20%(e) | 0.56% | 37% | $465,830 |
Year Ended 12/31/2016 | $37.71 | (2.51%) | 1.27% | 1.23% | 0.90% | 46% | $576,235 |
Year Ended 12/31/2015 | $39.08 | (1.59%) | 1.28% | 1.24% | 0.93% | 50% | $812,479 |
Advisor Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $30.00 | (8.99%)(b) | 1.05%(c) | 0.99%(c) | 0.82%(c) | 36% | $22,001 |
Year Ended 12/31/2019 | $34.67 | 29.86%(b) | 1.02%(d) | 0.99%(d),(e) | 1.00% | 32% | $12,733 |
Year Ended 12/31/2018 | $29.84 | (15.90%)(b) | 1.00%(d) | 0.99%(d),(e) | 0.97% | 32% | $12,740 |
Year Ended 12/31/2017 | $46.95 | 32.21% | 0.98% | 0.98%(e) | 0.81% | 37% | $99,578 |
Year Ended 12/31/2016 | $38.03 | (2.32%) | 1.05% | 1.05% | 1.22% | 46% | $101,988 |
Year Ended 12/31/2015 | $39.41 | (1.41%) | 1.06% | 1.06% | 1.10% | 50% | $486,763 |
Class C | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $27.35 | (9.46%)(b) | 2.04%(c) | 1.99%(c) | (0.35%)(c) | 36% | $13,520 |
Year Ended 12/31/2019 | $31.92 | 28.61%(b) | 2.02%(d) | 2.00%(d),(e) | 0.01% | 32% | $18,749 |
Year Ended 12/31/2018 | $27.63 | (16.76%)(b) | 2.00%(d) | 1.99%(d),(e) | (0.11%) | 32% | $22,817 |
Year Ended 12/31/2017 | $44.57 | 30.93% | 1.98% | 1.97%(e) | (0.15%) | 37% | $63,787 |
Year Ended 12/31/2016 | $36.18 | (3.26%) | 2.01% | 1.99% | 0.13% | 46% | $64,548 |
Year Ended 12/31/2015 | $37.65 | (2.33%) | 2.01% | 1.99% | 0.18% | 50% | $88,606 |
Institutional Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $29.62 | (8.99%)(b) | 1.04%(c) | 0.99%(c) | 0.67%(c) | 36% | $1,582,521 |
Year Ended 12/31/2019 | $34.25 | 29.89%(b) | 1.02%(d) | 0.99%(d),(e) | 1.01% | 32% | $1,947,995 |
Year Ended 12/31/2018 | $29.51 | (15.93%)(b) | 1.00%(d) | 0.99%(d),(e) | 0.76% | 32% | $1,824,055 |
Year Ended 12/31/2017 | $46.57 | 32.24% | 0.98% | 0.98%(e) | 0.85% | 37% | $3,116,383 |
Year Ended 12/31/2016 | $37.74 | (2.28%) | 0.98% | 0.98% | 1.13% | 46% | $3,356,348 |
Year Ended 12/31/2015 | $39.12 | (1.33%) | 0.97% | 0.97% | 1.21% | 50% | $4,645,797 |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $29.60 | (8.97%)(b) | 0.98%(c) | 0.92%(c) | 0.72%(c) | 36% | $145,670 |
Year Ended 12/31/2019 | $34.22 | 29.95%(b) | 0.97%(d) | 0.93%(d) | 1.06% | 32% | $183,763 |
Year Ended 12/31/2018 | $29.49 | (15.85%)(b) | 0.93%(d) | 0.93%(d) | 0.81% | 32% | $160,488 |
Year Ended 12/31/2017 | $46.54 | 32.27% | 0.93% | 0.93% | 0.87% | 37% | $422,916 |
Year Ended 12/31/2016 | $37.72 | (2.23%) | 0.93% | 0.93% | 1.15% | 46% | $286,786 |
Year Ended 12/31/2015 | $39.10 | (1.29%) | 0.92% | 0.92% | 1.26% | 50% | $320,252 |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $30.02 | (8.93%)(b) | 0.94%(c) | 0.88%(c) | 0.87%(c) | 36% | $234,434 |
Year Ended 12/31/2019 | $34.67 | 30.04%(b) | 0.92%(d) | 0.89%(d) | 1.12% | 32% | $239,441 |
Year Ended 12/31/2018 | $29.83 | (15.82%)(b) | 0.88%(d) | 0.88%(d) | 1.10% | 32% | $198,933 |
Year Ended 12/31/2017 | $46.95 | 32.36% | 0.88% | 0.88% | 0.89% | 37% | $725,247 |
Year Ended 12/31/2016 | $38.02 | (2.19%) | 0.88% | 0.88% | 1.20% | 46% | $239,733 |
Year Ended 12/31/2015 | $39.41 | (1.23%) | 0.88% | 0.88% | 1.26% | 50% | $318,326 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 71 |
Columbia Acorn International®
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 | Total distributions to shareholders | |
Class R | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $34.22 | 0.02 | (3.16) | (3.14) | (0.20) | (1.36) | (1.56) |
Year Ended 12/31/2019 | $29.44 | 0.06 | 8.27 | 8.33 | (0.48) | (3.07) | (3.55) |
Year Ended 12/31/2018 | $46.51 | 0.12 | (7.39) | (7.27) | (0.24) | (9.56) | (9.80) |
Year Ended 12/31/2017 | $37.71 | 0.21 | 11.63 | 11.84 | (0.55) | (2.49) | (3.04) |
Year Ended 12/31/2016 | $39.07 | 0.21 | (1.30) | (1.09) | (0.01) | (0.26) | (0.27) |
Year Ended 12/31/2015 | $41.67 | 0.23 | (1.02) | (0.79) | (0.24) | (1.57) | (1.81) |
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) | Had the Investment Manager and/or Transfer Agent not waived fees and/or reimbursed a portion of expenses, total return would have been reduced. |
(c) | Annualized. |
(d) | Ratios include line of credit interest expense which is less than 0.01%. |
(e) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(f) | Rounds to zero. |
72 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn International®
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) | |
Class R | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $29.52 | (9.20%)(b) | 1.54%(c) | 1.49%(c) | 0.15%(c) | 36% | $2,763 |
Year Ended 12/31/2019 | $34.22 | 29.21%(b) | 1.52%(d) | 1.50%(d),(e) | 0.19% | 32% | $3,696 |
Year Ended 12/31/2018 | $29.44 | (16.32%)(b) | 1.50%(d) | 1.49%(d),(e) | 0.26% | 32% | $10,049 |
Year Ended 12/31/2017 | $46.51 | 31.58% | 1.49% | 1.48%(e) | 0.46% | 37% | $13,218 |
Year Ended 12/31/2016 | $37.71 | (2.82%) | 1.55% | 1.55% | 0.55% | 46% | $4,637 |
Year Ended 12/31/2015 | $39.07 | (1.98%) | 1.62% | 1.62% | 0.54% | 50% | $4,945 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 73 |
Columbia Acorn USA®
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 | Total distributions to shareholders | |
Class A | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $11.69 | (0.03) | (0.86) | (0.89) | — | (0.33) | (0.33) |
Year Ended 12/31/2019 | $10.28 | (0.05) | 3.14 | 3.09 | (0.01) | (1.67) | (1.68) |
Year Ended 12/31/2018 | $12.48 | (0.07) | (0.04) | (0.11) | — | (2.09) | (2.09) |
Year Ended 12/31/2017 | $14.95 | (0.09) | 2.84 | 2.75 | — | (5.22) | (5.22) |
Year Ended 12/31/2016 | $20.25 | (0.11) | 2.43 | 2.32 | — | (7.62) | (7.62) |
Year Ended 12/31/2015 | $29.13 | (0.18) | (0.18)(f) | (0.36) | — | (8.52) | (8.52) |
Advisor Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $16.31 | (0.03) | (1.19) | (1.22) | — | (0.33) | (0.33) |
Year Ended 12/31/2019 | $13.77 | (0.03) | 4.25 | 4.22 | (0.01) | (1.67) | (1.68) |
Year Ended 12/31/2018 | $16.08 | (0.05) | (0.09) | (0.14) | — | (2.17) | (2.17) |
Year Ended 12/31/2017 | $17.93 | (0.06) | 3.43 | 3.37 | — | (5.22) | (5.22) |
Year Ended 12/31/2016 | $22.85 | (0.07) | 2.77 | 2.70 | — | (7.62) | (7.62) |
Year Ended 12/31/2015 | $31.70 | (0.13) | (0.20)(f) | (0.33) | — | (8.52) | (8.52) |
Class C | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $4.12 | (0.03) | (0.30) | (0.33) | — | (0.33) | (0.33) |
Year Ended 12/31/2019 | $4.52 | (0.06) | 1.33 | 1.27 | — | (1.67) | (1.67) |
Year Ended 12/31/2018 | $6.56 | (0.09) | 0.04(f) | (0.05) | — | (1.99) | (1.99) |
Year Ended 12/31/2017 | $10.05 | (0.13) | 1.86 | 1.73 | — | (5.22) | (5.22) |
Year Ended 12/31/2016 | $16.00 | (0.18) | 1.85 | 1.67 | — | (7.62) | (7.62) |
Year Ended 12/31/2015 | $24.98 | (0.33) | (0.13)(f) | (0.46) | — | (8.52) | (8.52) |
Institutional Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $15.17 | (0.03) | (1.11) | (1.14) | — | (0.33) | (0.33) |
Year Ended 12/31/2019 | $12.90 | (0.03) | 3.98 | 3.95 | (0.01) | (1.67) | (1.68) |
Year Ended 12/31/2018 | $15.21 | (0.04) | (0.09) | (0.13) | — | (2.18) | (2.18) |
Year Ended 12/31/2017 | $17.20 | (0.05) | 3.28 | 3.23 | — | (5.22) | (5.22) |
Year Ended 12/31/2016 | $22.19 | (0.07) | 2.70 | 2.63 | — | (7.62) | (7.62) |
Year Ended 12/31/2015 | $31.03 | (0.12) | (0.20)(f) | (0.32) | — | (8.52) | (8.52) |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $16.46 | (0.03) | (1.21) | (1.24) | — | (0.33) | (0.33) |
Year Ended 12/31/2019 | $13.87 | (0.01) | 4.28 | 4.27 | (0.01) | (1.67) | (1.68) |
Year Ended 12/31/2018 | $16.21 | (0.03) | (0.11) | (0.14) | — | (2.20) | (2.20) |
Year Ended 12/31/2017 | $18.02 | (0.03) | 3.44 | 3.41 | — | (5.22) | (5.22) |
Year Ended 12/31/2016 | $22.90 | (0.06) | 2.80 | 2.74 | — | (7.62) | (7.62) |
Year Ended 12/31/2015 | $31.71 | (0.10) | (0.19)(f) | (0.29) | — | (8.52) | (8.52) |
74 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn USA®
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) | |
Class A | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $10.47 | (7.66%)(b) | 1.46%(c) | 1.41%(c) | (0.68%)(c) | 70% | $47,747 |
Year Ended 12/31/2019 | $11.69 | 30.88%(b) | 1.45%(d) | 1.41%(d),(e) | (0.43%) | 91% | $56,578 |
Year Ended 12/31/2018 | $10.28 | (2.15%)(b) | 1.44%(d) | 1.42%(d),(e) | (0.49%) | 86% | $49,179 |
Year Ended 12/31/2017 | $12.48 | 19.14%(b) | 1.44% | 1.43%(e) | (0.55%) | 84% | $47,960 |
Year Ended 12/31/2016 | $14.95 | 12.70% | 1.41% | 1.41% | (0.58%) | 98% | $80,721 |
Year Ended 12/31/2015 | $20.25 | (1.60%) | 1.34% | 1.34% | (0.63%) | 35% | $95,048 |
Advisor Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.76 | (7.51%)(b) | 1.21%(c) | 1.16%(c) | (0.43%)(c) | 70% | $17,041 |
Year Ended 12/31/2019 | $16.31 | 31.27%(b) | 1.20%(d) | 1.16%(d),(e) | (0.18%) | 91% | $19,202 |
Year Ended 12/31/2018 | $13.77 | (1.91%)(b) | 1.18%(d) | 1.17%(d),(e) | (0.27%) | 86% | $14,579 |
Year Ended 12/31/2017 | $16.08 | 19.42%(b) | 1.21% | 1.20%(e) | (0.31%) | 84% | $16,355 |
Year Ended 12/31/2016 | $17.93 | 12.93% | 1.18% | 1.18% | (0.35%) | 98% | $6,172 |
Year Ended 12/31/2015 | $22.85 | (1.36%) | 1.12% | 1.12% | (0.40%) | 35% | $8,224 |
Class C | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $3.46 | (8.15%)(b) | 2.21%(c) | 2.16%(c) | (1.43%)(c) | 70% | $2,676 |
Year Ended 12/31/2019 | $4.12 | 29.93%(b) | 2.20%(d) | 2.16%(d),(e) | (1.19%) | 91% | $3,195 |
Year Ended 12/31/2018 | $4.52 | (2.92%)(b) | 2.19%(d) | 2.17%(d),(e) | (1.30%) | 86% | $4,608 |
Year Ended 12/31/2017 | $6.56 | 18.30%(b) | 2.19% | 2.19%(e) | (1.31%) | 84% | $9,802 |
Year Ended 12/31/2016 | $10.05 | 11.92% | 2.13% | 2.13% | (1.31%) | 98% | $12,088 |
Year Ended 12/31/2015 | $16.00 | (2.28%) | 2.02% | 2.02% | (1.32%) | 35% | $17,255 |
Institutional Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $13.70 | (7.55%)(b) | 1.21%(c) | 1.16%(c) | (0.43%)(c) | 70% | $137,077 |
Year Ended 12/31/2019 | $15.17 | 31.28%(b) | 1.20%(d) | 1.16%(d),(e) | (0.18%) | 91% | $158,696 |
Year Ended 12/31/2018 | $12.90 | (1.98%)(b) | 1.18%(d) | 1.17%(d),(e) | (0.26%) | 86% | $149,048 |
Year Ended 12/31/2017 | $15.21 | 19.44%(b) | 1.16% | 1.16%(e) | (0.27%) | 84% | $189,408 |
Year Ended 12/31/2016 | $17.20 | 13.00% | 1.16% | 1.16% | (0.34%) | 98% | $492,739 |
Year Ended 12/31/2015 | $22.19 | (1.36%) | 1.10% | 1.10% | (0.40%) | 35% | $768,658 |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.89 | (7.57%)(b) | 1.15%(c) | 1.08%(c) | (0.37%)(c) | 70% | $2,715 |
Year Ended 12/31/2019 | $16.46 | 31.41%(b) | 1.13%(d) | 1.08%(d) | (0.09%) | 91% | $3,806 |
Year Ended 12/31/2018 | $13.87 | (1.89%)(b) | 1.11%(d) | 1.09%(d) | (0.19%) | 86% | $3,332 |
Year Ended 12/31/2017 | $16.21 | 19.56%(b) | 1.08% | 1.08% | (0.17%) | 84% | $10,133 |
Year Ended 12/31/2016 | $18.02 | 13.09% | 1.07% | 1.07% | (0.27%) | 98% | $13,764 |
Year Ended 12/31/2015 | $22.90 | (1.23%) | 1.01% | 1.01% | (0.30%) | 35% | $27,112 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 75 |
Columbia Acorn USA®
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 | Total distributions to shareholders | |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $16.65 | (0.02) | (1.22) | (1.24) | — | (0.33) | (0.33) |
Year Ended 12/31/2019 | $14.01 | (0.01) | 4.33 | 4.32 | (0.01) | (1.67) | (1.68) |
Year Ended 12/31/2018 | $16.36 | (0.02) | (0.11) | (0.13) | — | (2.22) | (2.22) |
Year Ended 12/31/2017 | $18.14 | (0.03) | 3.47 | 3.44 | — | (5.22) | (5.22) |
Year Ended 12/31/2016 | $22.99 | (0.04) | 2.81 | 2.77 | — | (7.62) | (7.62) |
Year Ended 12/31/2015 | $31.80 | (0.08) | (0.21)(f) | (0.29) | — | (8.52) | (8.52) |
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) | Had the Investment Manager and/or Transfer Agent not waived fees and/or reimbursed a portion of expenses, total return would have been reduced. |
(c) | Annualized. |
(d) | Ratios include line of credit interest expense which is less than 0.01%. |
(e) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(f) | 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 Statements of Operations due to the timing of subscriptions and redemptions of Fund shares in relation to fluctuations in the market value of the portfolio. |
76 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn USA®
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) | |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $15.08 | (7.48%)(b) | 1.09%(c) | 1.04%(c) | (0.31%)(c) | 70% | $60,150 |
Year Ended 12/31/2019 | $16.65 | 31.45%(b) | 1.08%(d) | 1.03%(d) | (0.05%) | 91% | $67,921 |
Year Ended 12/31/2018 | $14.01 | (1.86%)(b) | 1.06%(d) | 1.04%(d) | (0.11%) | 86% | $55,248 |
Year Ended 12/31/2017 | $16.36 | 19.60%(b) | 1.05% | 1.05% | (0.17%) | 84% | $49,019 |
Year Ended 12/31/2016 | $18.14 | 13.18% | 1.01% | 1.01% | (0.18%) | 98% | $38,136 |
Year Ended 12/31/2015 | $22.99 | (1.23%) | 0.97% | 0.97% | (0.25%) | 35% | $41,658 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 77 |
Columbia Acorn International SelectSM
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 | Total distributions to shareholders | |
Class A | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | $28.58 | 0.03 | (1.83) | (1.80) | (0.09) | — | — | (0.09) |
Year Ended 12/31/2019 | $23.44 | 0.09 | 7.67 | 7.76 | (0.28) | (2.34) | — | (2.62) |
Year Ended 12/31/2018 | $28.89 | 0.06 | (3.66) | (3.60) | — | (1.85) | — | (1.85) |
Year Ended 12/31/2017 | $21.36 | 0.02 | 7.52 | 7.54 | (0.01) | — | — | (0.01) |
Year Ended 12/31/2016 | $21.33 | 0.10 | 0.09(f) | 0.19 | (0.14) | — | (0.02) | (0.16) |
Year Ended 12/31/2015 | $22.04 | 0.17 | (0.45) | (0.28) | (0.42) | — | (0.01) | (0.43) |
Advisor Class | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | $29.26 | 0.06 | (1.87) | (1.81) | (0.09) | — | — | (0.09) |
Year Ended 12/31/2019 | $24.00 | 0.18 | 7.84 | 8.02 | (0.42) | (2.34) | — | (2.76) |
Year Ended 12/31/2018 | $29.46 | 0.09 | (3.70) | (3.61) | — | (1.85) | — | (1.85) |
Year Ended 12/31/2017 | $21.77 | 0.08 | 7.68 | 7.76 | (0.07) | — | — | (0.07) |
Year Ended 12/31/2016 | $21.74 | 0.17 | 0.08(f) | 0.25 | (0.20) | — | (0.02) | (0.22) |
Year Ended 12/31/2015 | $22.45 | 0.22 | (0.44) | (0.22) | (0.48) | — | (0.01) | (0.49) |
Class C | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | $26.00 | (0.07) | (1.65) | (1.72) | (0.09) | — | — | (0.09) |
Year Ended 12/31/2019 | $21.48 | (0.10) | 6.99 | 6.89 | (0.03) | (2.34) | — | (2.37) |
Year Ended 12/31/2018 | $26.85 | (0.12) | (3.40) | (3.52) | — | (1.85) | — | (1.85) |
Year Ended 12/31/2017 | $19.99 | (0.15) | 7.01 | 6.86 | — | — | — | — |
Year Ended 12/31/2016 | $19.96 | (0.06) | 0.09(f) | 0.03 | — | — | — | — |
Year Ended 12/31/2015 | $20.54 | (0.01) | (0.41) | (0.42) | (0.15) | — | (0.01) | (0.16) |
Institutional Class | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | $29.00 | 0.06 | (1.85) | (1.79) | (0.09) | — | — | (0.09) |
Year Ended 12/31/2019 | $23.81 | 0.17 | 7.78 | 7.95 | (0.42) | (2.34) | — | (2.76) |
Year Ended 12/31/2018 | $29.25 | 0.14 | (3.73) | (3.59) | — | (1.85) | — | (1.85) |
Year Ended 12/31/2017 | $21.61 | 0.09 | 7.62 | 7.71 | (0.07) | — | — | (0.07) |
Year Ended 12/31/2016 | $21.58 | 0.16 | 0.09(f) | 0.25 | (0.20) | — | (0.02) | (0.22) |
Year Ended 12/31/2015 | $22.30 | 0.24 | (0.46) | (0.22) | (0.49) | — | (0.01) | (0.50) |
Institutional 2 Class | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | $29.24 | 0.12 | (1.91) | (1.79) | (0.09) | — | — | (0.09) |
Year Ended 12/31/2019 | $24.01 | 0.18 | 7.86 | 8.04 | (0.47) | (2.34) | — | (2.81) |
Year Ended 12/31/2018 | $29.44 | 0.11 | (3.69) | (3.58) | — | (1.85) | — | (1.85) |
Year Ended 12/31/2017 | $21.76 | 0.11 | 7.66 | 7.77 | (0.09) | — | — | (0.09) |
Year Ended 12/31/2016 | $21.72 | 0.16 | 0.11(f) | 0.27 | (0.21) | — | (0.02) | (0.23) |
Year Ended 12/31/2015 | $22.43 | 0.22 | (0.42) | (0.20) | (0.50) | — | (0.01) | (0.51) |
78 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn International SelectSM
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) | |
Class A | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | — | $26.69 | (6.29%)(b) | 1.47%(c) | 1.29%(c) | 0.23%(c) | 37% | $39,534 |
Year Ended 12/31/2019 | — | $28.58 | 33.37%(b) | 1.54%(d) | 1.35%(d),(e) | 0.34% | 46% | $37,461 |
Year Ended 12/31/2018 | — | $23.44 | (12.46%)(b) | 1.54% | 1.40%(e) | 0.20% | 48% | $26,073 |
Year Ended 12/31/2017 | — | $28.89 | 35.30%(b) | 1.54% | 1.40%(e) | 0.07% | 49% | $26,336 |
Year Ended 12/31/2016 | — | $21.36 | 0.90%(b) | 1.55%(g) | 1.48%(g) | 0.49% | 49% | $20,165 |
Year Ended 12/31/2015 | 0.00(h) | $21.33 | (1.30%)(i) | 1.55% | 1.55% | 0.74% | 59% | $33,772 |
Advisor Class | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | — | $27.36 | (6.18%)(b) | 1.22%(c) | 1.04%(c) | 0.47%(c) | 37% | $1,887 |
Year Ended 12/31/2019 | — | $29.26 | 33.73%(b) | 1.29%(d) | 1.10%(d),(e) | 0.63% | 46% | $2,030 |
Year Ended 12/31/2018 | — | $24.00 | (12.26%)(b) | 1.29% | 1.15%(e) | 0.31% | 48% | $1,201 |
Year Ended 12/31/2017 | — | $29.46 | 35.67%(b) | 1.29% | 1.15%(e) | 0.30% | 49% | $1,820 |
Year Ended 12/31/2016 | — | $21.77 | 1.15%(b) | 1.29%(g) | 1.21%(g) | 0.77% | 49% | $1,106 |
Year Ended 12/31/2015 | 0.00(h) | $21.74 | (1.00%)(i) | 1.27% | 1.27% | 0.97% | 59% | $898 |
Class C | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | — | $24.19 | (6.61%)(b) | 2.21%(c) | 2.04%(c) | (0.63%)(c) | 37% | $1,697 |
Year Ended 12/31/2019 | — | $26.00 | 32.31%(b) | 2.29%(d) | 2.10%(d),(e) | (0.42%) | 46% | $2,493 |
Year Ended 12/31/2018 | — | $21.48 | (13.11%)(b) | 2.28% | 2.15%(e) | (0.43%) | 48% | $2,752 |
Year Ended 12/31/2017 | — | $26.85 | 34.32%(b) | 2.29% | 2.15%(e) | (0.64%) | 49% | $5,027 |
Year Ended 12/31/2016 | — | $19.99 | 0.15%(b) | 2.31%(g) | 2.23%(g) | (0.29%) | 49% | $4,346 |
Year Ended 12/31/2015 | 0.00(h) | $19.96 | (2.05%)(i) | 2.32% | 2.32% | (0.06%) | 59% | $5,390 |
Institutional Class | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | — | $27.12 | (6.17%)(b) | 1.21%(c) | 1.04%(c) | 0.43%(c) | 37% | $76,103 |
Year Ended 12/31/2019 | — | $29.00 | 33.71%(b) | 1.29%(d) | 1.10%(d),(e) | 0.59% | 46% | $88,922 |
Year Ended 12/31/2018 | — | $23.81 | (12.28%)(b) | 1.28% | 1.15%(e) | 0.47% | 48% | $69,413 |
Year Ended 12/31/2017 | — | $29.25 | 35.70%(b) | 1.29% | 1.15%(e) | 0.36% | 49% | $89,266 |
Year Ended 12/31/2016 | — | $21.61 | 1.18%(b) | 1.26%(g) | 1.19%(g) | 0.74% | 49% | $73,631 |
Year Ended 12/31/2015 | 0.00(h) | $21.58 | (1.03%)(i) | 1.24% | 1.24% | 1.05% | 59% | $96,311 |
Institutional 2 Class | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | — | $27.36 | (6.12%)(b) | 1.15%(c) | 0.96%(c) | 0.98%(c) | 37% | $67,471 |
Year Ended 12/31/2019 | — | $29.24 | 33.82%(b) | 1.22%(d) | 1.00%(d) | 0.65% | 46% | $3,392 |
Year Ended 12/31/2018 | — | $24.01 | (12.16%)(b) | 1.21% | 1.06% | 0.36% | 48% | $1,200 |
Year Ended 12/31/2017 | — | $29.44 | 35.72%(b) | 1.22% | 1.08% | 0.41% | 49% | $614 |
Year Ended 12/31/2016 | — | $21.76 | 1.25%(b) | 1.23%(g) | 1.19%(g) | 0.76% | 49% | $440 |
Year Ended 12/31/2015 | 0.00(h) | $21.72 | (0.94%)(i) | 1.21% | 1.21% | 0.96% | 59% | $2,268 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 79 |
Columbia Acorn International SelectSM
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 | Total distributions to shareholders | |
Institutional 3 Class | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | $29.22 | 0.08 | (1.87) | (1.79) | (0.09) | — | — | (0.09) |
Year Ended 12/31/2019 | $24.00 | 0.20 | 7.86 | 8.06 | (0.50) | (2.34) | — | (2.84) |
Year Ended 12/31/2018 | $29.42 | 0.17 | (3.74) | (3.57) | — | (1.85) | — | (1.85) |
Year Ended 12/31/2017 | $21.74 | (0.07) | 7.86 | 7.79 | (0.11) | — | — | (0.11) |
Year Ended 12/31/2016 | $21.71 | 0.16 | 0.12(f) | 0.28 | (0.23) | — | (0.02) | (0.25) |
Year Ended 12/31/2015 | $22.42 | 0.28 | (0.47) | (0.19) | (0.51) | — | (0.01) | (0.52) |
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) | Had the Investment Manager and/or Transfer Agent not waived fees and/or reimbursed a portion of expenses, total return would have been reduced. |
(c) | Annualized. |
(d) | Ratios include line of credit interest expense which is less than 0.01%. |
(e) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(f) | 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 Statements of Operations due to the timing of subscriptions and redemptions of Fund shares in relation to fluctuations in the market value of the portfolio. |
(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. |
Year Ended | Class A | Advisor Class | Class C | Institutional Class | Institutional 2 Class | Institutional 3 Class |
12/31/2016 | 0.06% | 0.06% | 0.06% | 0.06% | 0.04% | 0.09% |
(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%. |
80 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn International SelectSM
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) | |
Institutional 3 Class | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | — | $27.34 | (6.12%)(b) | 1.09%(c) | 0.91%(c) | 0.60%(c) | 37% | $17,005 |
Year Ended 12/31/2019 | — | $29.22 | 33.90%(b) | 1.16%(d) | 0.96%(d) | 0.72% | 46% | $13,861 |
Year Ended 12/31/2018 | — | $24.00 | (12.14%)(b) | 1.14% | 1.02% | 0.58% | 48% | $8,627 |
Year Ended 12/31/2017 | — | $29.42 | 35.81%(b) | 1.17% | 1.03% | (0.24%) | 49% | $7,732 |
Year Ended 12/31/2016 | — | $21.74 | 1.29%(b) | 1.12%(g) | 1.04%(g) | 0.74% | 49% | $322 |
Year Ended 12/31/2015 | 0.00(h) | $21.71 | (0.89%)(i) | 1.14% | 1.14% | 1.21% | 59% | $660 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 81 |
Columbia Acorn SelectSM
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 | Total distributions to shareholders | |
Class A | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $11.97 | (0.03) | 0.01 | (0.02) | (0.02) | (0.31) | (0.33) |
Year Ended 12/31/2019 | $10.34 | (0.05) | 2.96 | 2.91 | — | (1.28) | (1.28) |
Year Ended 12/31/2018 | $14.62 | (0.00)(f) | (1.52) | (1.52) | — | (2.76) | (2.76) |
Year Ended 12/31/2017 | $13.13 | (0.03) | 3.31 | 3.28 | — | (1.79) | (1.79) |
Year Ended 12/31/2016 | $13.94 | (0.04) | 1.56 | 1.52 | — | (2.33) | (2.33) |
Year Ended 12/31/2015 | $21.03 | (0.09) | 0.14 | 0.05 | — | (7.14) | (7.14) |
Advisor Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.90 | (0.02) | 0.02 | 0.00(f) | (0.05) | (0.31) | (0.36) |
Year Ended 12/31/2019 | $12.59 | (0.03) | 3.62 | 3.59 | — | (1.28) | (1.28) |
Year Ended 12/31/2018 | $17.19 | 0.04 | (1.85) | (1.81) | — | (2.79) | (2.79) |
Year Ended 12/31/2017 | $15.13 | 0.01 | 3.84 | 3.85 | — | (1.79) | (1.79) |
Year Ended 12/31/2016 | $15.69 | (0.00)(f) | 1.77 | 1.77 | — | (2.33) | (2.33) |
Year Ended 12/31/2015 | $22.75 | (0.04) | 0.12 | 0.08 | — | (7.14) | (7.14) |
Class C | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $6.31 | (0.04) | (0.02)(g) | (0.06) | — | (0.31) | (0.31) |
Year Ended 12/31/2019 | $5.98 | (0.08) | 1.69 | 1.61 | — | (1.28) | (1.28) |
Year Ended 12/31/2018 | $9.59 | (0.08) | (0.88) | (0.96) | — | (2.65) | (2.65) |
Year Ended 12/31/2017 | $9.22 | (0.09) | 2.25 | 2.16 | — | (1.79) | (1.79) |
Year Ended 12/31/2016 | $10.51 | (0.10) | 1.14 | 1.04 | — | (2.33) | (2.33) |
Year Ended 12/31/2015 | $17.69 | (0.19) | 0.15 | (0.04) | — | (7.14) | (7.14) |
Institutional Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.18 | (0.02) | 0.01 | (0.01) | (0.05) | (0.31) | (0.36) |
Year Ended 12/31/2019 | $12.03 | (0.03) | 3.46 | 3.43 | — | (1.28) | (1.28) |
Year Ended 12/31/2018 | $16.54 | 0.04 | (1.76) | (1.72) | — | (2.79) | (2.79) |
Year Ended 12/31/2017 | $14.63 | 0.01 | 3.69 | 3.70 | — | (1.79) | (1.79) |
Year Ended 12/31/2016 | $15.24 | (0.00)(f) | 1.72 | 1.72 | — | (2.33) | (2.33) |
Year Ended 12/31/2015 | $22.28 | (0.03) | 0.13 | 0.10 | — | (7.14) | (7.14) |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $15.02 | (0.02) | 0.02 | 0.00(f) | (0.06) | (0.31) | (0.37) |
Year Ended 12/31/2019 | $12.67 | (0.02) | 3.65 | 3.63 | — | (1.28) | (1.28) |
Year Ended 12/31/2018 | $17.28 | 0.05 | (1.86) | (1.81) | — | (2.80) | (2.80) |
Year Ended 12/31/2017 | $15.20 | 0.02 | 3.85 | 3.87 | — | (1.79) | (1.79) |
Year Ended 12/31/2016 | $15.74 | 0.01 | 1.78 | 1.79 | — | (2.33) | (2.33) |
Year Ended 12/31/2015 | $22.78 | (0.08) | 0.18 | 0.10 | — | (7.14) | (7.14) |
82 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn SelectSM
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) | |
Class A | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $11.62 | 0.38% | 1.41%(c) | 1.20%(c) | (0.60%)(c) | 55% | $86,665 |
Year Ended 12/31/2019 | $11.97 | 28.53% | 1.39%(d) | 1.17%(d),(e) | (0.43%) | 140% | $96,241 |
Year Ended 12/31/2018 | $10.34 | (12.71%) | 1.38% | 1.15%(e) | (0.02%) | 60% | $90,911 |
Year Ended 12/31/2017 | $14.62 | 26.42% | 1.37% | 1.16%(e) | (0.20%) | 41% | $106,330 |
Year Ended 12/31/2016 | $13.13 | 11.54% | 1.37% | 1.17% | (0.27%) | 75% | $119,364 |
Year Ended 12/31/2015 | $13.94 | (0.73%) | 1.35%(d) | 1.22%(d) | (0.42%) | 55% | $146,864 |
Advisor Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.54 | 0.50% | 1.15%(c) | 0.94%(c) | (0.36%)(c) | 55% | $1,328 |
Year Ended 12/31/2019 | $14.90 | 28.84% | 1.14%(d) | 0.92%(d),(e) | (0.18%) | 140% | $2,007 |
Year Ended 12/31/2018 | $12.59 | (12.50%) | 1.13% | 0.90%(e) | 0.22% | 60% | $4,304 |
Year Ended 12/31/2017 | $17.19 | 26.71% | 1.14% | 0.91%(e) | 0.05% | 41% | $5,590 |
Year Ended 12/31/2016 | $15.13 | 11.86% | 1.13% | 0.93% | (0.02%) | 75% | $853 |
Year Ended 12/31/2015 | $15.69 | (0.53%) | 1.12%(d) | 0.99%(d) | (0.18%) | 55% | $932 |
Class C | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $5.94 | (0.01%) | 2.15%(c) | 1.94%(c) | (1.35%)(c) | 55% | $2,017 |
Year Ended 12/31/2019 | $6.31 | 27.57% | 2.14%(d) | 1.92%(d),(e) | (1.16%) | 140% | $2,860 |
Year Ended 12/31/2018 | $5.98 | (13.32%) | 2.13% | 1.90%(e) | (0.83%) | 60% | $3,855 |
Year Ended 12/31/2017 | $9.59 | 25.40% | 2.12% | 1.91%(e) | (0.95%) | 41% | $22,559 |
Year Ended 12/31/2016 | $9.22 | 10.67% | 2.11% | 1.91% | (1.01%) | 75% | $27,524 |
Year Ended 12/31/2015 | $10.51 | (1.41%) | 2.08%(d) | 1.95%(d) | (1.15%) | 55% | $34,589 |
Institutional Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $13.81 | 0.46% | 1.16%(c) | 0.95%(c) | (0.35%)(c) | 55% | $118,508 |
Year Ended 12/31/2019 | $14.18 | 28.85% | 1.14%(d) | 0.92%(d),(e) | (0.18%) | 140% | $129,407 |
Year Ended 12/31/2018 | $12.03 | (12.45%) | 1.13% | 0.90%(e) | 0.22% | 60% | $119,465 |
Year Ended 12/31/2017 | $16.54 | 26.59% | 1.13% | 0.91%(e) | 0.04% | 41% | $157,664 |
Year Ended 12/31/2016 | $14.63 | 11.88% | 1.10% | 0.90% | (0.02%) | 75% | $144,313 |
Year Ended 12/31/2015 | $15.24 | (0.44%) | 1.07%(d) | 0.95%(d) | (0.15%) | 55% | $183,642 |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.65 | 0.51% | 1.09%(c) | 0.87%(c) | (0.26%)(c) | 55% | $3,226 |
Year Ended 12/31/2019 | $15.02 | 28.98% | 1.07%(d) | 0.85%(d) | (0.12%) | 140% | $2,872 |
Year Ended 12/31/2018 | $12.67 | (12.46%) | 1.05% | 0.84% | 0.31% | 60% | $2,027 |
Year Ended 12/31/2017 | $17.28 | 26.72% | 1.06% | 0.85% | 0.11% | 41% | $1,735 |
Year Ended 12/31/2016 | $15.20 | 11.96% | 1.05% | 0.85% | 0.07% | 75% | $1,036 |
Year Ended 12/31/2015 | $15.74 | (0.44%) | 1.02%(d) | 0.95%(d) | (0.33%) | 55% | $911 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 83 |
Columbia Acorn SelectSM
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 | Total distributions to shareholders | |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $15.21 | (0.02) | 0.03 | 0.01 | (0.07) | (0.31) | (0.38) |
Year Ended 12/31/2019 | $12.82 | (0.01) | 3.68 | 3.67 | — | (1.28) | (1.28) |
Year Ended 12/31/2018 | $17.43 | 0.06 | (1.86) | (1.80) | — | (2.81) | (2.81) |
Year Ended 12/31/2017 | $15.31 | 0.02 | 3.89 | 3.91 | — | (1.79) | (1.79) |
Year Ended 12/31/2016 | $15.83 | 0.02 | 1.79 | 1.81 | — | (2.33) | (2.33) |
Year Ended 12/31/2015 | $22.86 | 0.00(f) | 0.11 | 0.11 | — | (7.14) | (7.14) |
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) | Annualized. |
(d) | Ratios include line of credit interest expense which is less than 0.01%. |
(e) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(f) | Rounds to zero. |
(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. |
84 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn SelectSM
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) | |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.84 | 0.55% | 1.01%(c) | 0.80%(c) | (0.37%)(c) | 55% | $5,889 |
Year Ended 12/31/2019 | $15.21 | 28.94% | 1.01%(d) | 0.80%(d) | (0.07%) | 140% | $20,461 |
Year Ended 12/31/2018 | $12.82 | (12.31%) | 0.99% | 0.79% | 0.33% | 60% | $14,834 |
Year Ended 12/31/2017 | $17.43 | 26.79% | 1.00% | 0.80% | 0.15% | 41% | $15,001 |
Year Ended 12/31/2016 | $15.31 | 12.02% | 1.00% | 0.80% | 0.10% | 75% | $4,389 |
Year Ended 12/31/2015 | $15.83 | (0.39%) | 0.98%(d) | 0.85%(d) | 0.02% | 55% | $5,056 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 85 |
Columbia Thermostat FundSM
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 | Total distributions to shareholders | |
Class A | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $15.12 | 0.11 | 2.16 | 2.27 | (0.01) | (0.19) | (0.20) |
Year Ended 12/31/2019 | $13.85 | 0.27 | 1.79 | 2.06 | (0.26) | (0.53) | (0.79) |
Year Ended 12/31/2018 | $14.63 | 0.24 | (0.26) | (0.02) | (0.28) | (0.48) | (0.76) |
Year Ended 12/31/2017 | $14.60 | 0.25 | 0.50 | 0.75 | (0.50) | (0.22) | (0.72) |
Year Ended 12/31/2016 | $14.31 | 0.20 | 0.44 | 0.64 | (0.08) | (0.27) | (0.35) |
Year Ended 12/31/2015 | $14.86 | 0.27 | (0.26) | 0.01 | (0.28) | (0.28) | (0.56) |
Advisor Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.97 | 0.13 | 2.14 | 2.27 | (0.01) | (0.19) | (0.20) |
Year Ended 12/31/2019 | $13.72 | 0.31 | 1.77 | 2.08 | (0.30) | (0.53) | (0.83) |
Year Ended 12/31/2018 | $14.50 | 0.28 | (0.27) | 0.01 | (0.31) | (0.48) | (0.79) |
Year Ended 12/31/2017 | $14.47 | 0.29 | 0.50 | 0.79 | (0.54) | (0.22) | (0.76) |
Year Ended 12/31/2016 | $14.19 | 0.24 | 0.42 | 0.66 | (0.11) | (0.27) | (0.38) |
Year Ended 12/31/2015 | $14.74 | 0.30 | (0.25) | 0.05 | (0.32) | (0.28) | (0.60) |
Class C | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $15.23 | 0.05 | 2.17 | 2.22 | (0.01) | (0.19) | (0.20) |
Year Ended 12/31/2019 | $13.96 | 0.16 | 1.79 | 1.95 | (0.15) | (0.53) | (0.68) |
Year Ended 12/31/2018 | $14.74 | 0.13 | (0.26) | (0.13) | (0.17) | (0.48) | (0.65) |
Year Ended 12/31/2017 | $14.62 | 0.14 | 0.51 | 0.65 | (0.31) | (0.22) | (0.53) |
Year Ended 12/31/2016 | $14.41 | 0.09 | 0.44 | 0.53 | (0.05) | (0.27) | (0.32) |
Year Ended 12/31/2015 | $14.96 | 0.16 | (0.26) | (0.10) | (0.17) | (0.28) | (0.45) |
Institutional Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.88 | 0.13 | 2.13 | 2.26 | (0.01) | (0.19) | (0.20) |
Year Ended 12/31/2019 | $13.65 | 0.30 | 1.76 | 2.06 | (0.30) | (0.53) | (0.83) |
Year Ended 12/31/2018 | $14.43 | 0.28 | (0.27) | 0.01 | (0.31) | (0.48) | (0.79) |
Year Ended 12/31/2017 | $14.40 | 0.29 | 0.50 | 0.79 | (0.54) | (0.22) | (0.76) |
Year Ended 12/31/2016 | $14.12 | 0.23 | 0.43 | 0.66 | (0.11) | (0.27) | (0.38) |
Year Ended 12/31/2015 | $14.67 | 0.31 | (0.26) | 0.05 | (0.32) | (0.28) | (0.60) |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.99 | 0.13 | 2.15 | 2.28 | (0.01) | (0.19) | (0.20) |
Year Ended 12/31/2019 | $13.74 | 0.32 | 1.77 | 2.09 | (0.31) | (0.53) | (0.84) |
Year Ended 12/31/2018 | $14.52 | 0.29 | (0.27) | 0.02 | (0.32) | (0.48) | (0.80) |
Year Ended 12/31/2017 | $14.49 | 0.29 | 0.50 | 0.79 | (0.54) | (0.22) | (0.76) |
Year Ended 12/31/2016 | $14.20 | 0.24 | 0.43 | 0.67 | (0.11) | (0.27) | (0.38) |
Year Ended 12/31/2015 | $14.75 | 0.31 | (0.26) | 0.05 | (0.32) | (0.28) | (0.60) |
86 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Thermostat FundSM
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) | |
Class A | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $17.19 | 15.02% | 0.55%(c),(d) | 0.50%(c),(d) | 1.36%(c) | 129% | $336,890 |
Year Ended 12/31/2019 | $15.12 | 14.94% | 0.58%(d) | 0.50%(d),(e) | 1.81% | 158% | $225,113 |
Year Ended 12/31/2018 | $13.85 | (0.13%) | 0.56% | 0.50%(e) | 1.66% | 122% | $193,683 |
Year Ended 12/31/2017 | $14.63 | 5.19% | 0.54% | 0.50%(e) | 1.70% | 33% | $257,752 |
Year Ended 12/31/2016 | $14.60 | 4.47% | 0.54% | 0.50% | 1.39% | 95% | $398,781 |
Year Ended 12/31/2015 | $14.31 | 0.07% | 0.52% | 0.50% | 1.82% | 69% | $387,967 |
Advisor Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $17.04 | 15.17% | 0.31%(c),(d) | 0.25%(c),(d) | 1.68%(c) | 129% | $41,643 |
Year Ended 12/31/2019 | $14.97 | 15.21% | 0.33%(d) | 0.25%(d),(e) | 2.08% | 158% | $16,208 |
Year Ended 12/31/2018 | $13.72 | 0.12% | 0.31% | 0.25%(e) | 1.91% | 122% | $11,816 |
Year Ended 12/31/2017 | $14.50 | 5.49% | 0.29% | 0.25%(e) | 1.98% | 33% | $16,227 |
Year Ended 12/31/2016 | $14.47 | 4.69% | 0.30% | 0.25% | 1.64% | 95% | $15,664 |
Year Ended 12/31/2015 | $14.19 | 0.33% | 0.28% | 0.25% | 2.06% | 69% | $17,453 |
Class C | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $17.25 | 14.59% | 1.30%(c),(d) | 1.25%(c),(d) | 0.59%(c) | 129% | $188,898 |
Year Ended 12/31/2019 | $15.23 | 14.02% | 1.33%(d) | 1.25%(d),(e) | 1.05% | 158% | $156,027 |
Year Ended 12/31/2018 | $13.96 | (0.88%) | 1.31% | 1.25%(e) | 0.90% | 122% | $166,292 |
Year Ended 12/31/2017 | $14.74 | 4.48% | 1.29% | 1.25%(e) | 0.96% | 33% | $250,784 |
Year Ended 12/31/2016 | $14.62 | 3.69% | 1.28% | 1.25% | 0.63% | 95% | $338,930 |
Year Ended 12/31/2015 | $14.41 | (0.68%) | 1.27% | 1.25% | 1.08% | 69% | $364,684 |
Institutional Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $16.94 | 15.20% | 0.30%(c),(d) | 0.25%(c),(d) | 1.62%(c) | 129% | $461,526 |
Year Ended 12/31/2019 | $14.88 | 15.14% | 0.33%(d) | 0.25%(d),(e) | 2.06% | 158% | $285,444 |
Year Ended 12/31/2018 | $13.65 | 0.12% | 0.31% | 0.25%(e) | 1.91% | 122% | $253,123 |
Year Ended 12/31/2017 | $14.43 | 5.52% | 0.29% | 0.25%(e) | 1.97% | 33% | $320,483 |
Year Ended 12/31/2016 | $14.40 | 4.72% | 0.28% | 0.25% | 1.64% | 95% | $341,629 |
Year Ended 12/31/2015 | $14.12 | 0.33% | 0.26% | 0.25% | 2.08% | 69% | $325,159 |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $17.07 | 15.22% | 0.26%(c),(d) | 0.21%(c),(d) | 1.65%(c) | 129% | $89,333 |
Year Ended 12/31/2019 | $14.99 | 15.25% | 0.28%(d) | 0.21%(d) | 2.16% | 158% | $40,759 |
Year Ended 12/31/2018 | $13.74 | 0.16% | 0.26% | 0.21% | 1.97% | 122% | $16,478 |
Year Ended 12/31/2017 | $14.52 | 5.51% | 0.26% | 0.23% | 1.97% | 33% | $13,464 |
Year Ended 12/31/2016 | $14.49 | 4.77% | 0.27% | 0.24% | 1.66% | 95% | $12,024 |
Year Ended 12/31/2015 | $14.20 | 0.33% | 0.25% | 0.24% | 2.14% | 69% | $6,114 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 87 |
Columbia Thermostat FundSM
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 | Total distributions to shareholders | |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $14.96 | 0.14 | 2.14 | 2.28 | (0.01) | (0.19) | (0.20) |
Year Ended 12/31/2019 | $13.72 | 0.32 | 1.76 | 2.08 | (0.31) | (0.53) | (0.84) |
Year Ended 12/31/2018 | $14.50 | 0.30 | (0.27) | 0.03 | (0.33) | (0.48) | (0.81) |
Year Ended 12/31/2017 | $14.46 | 0.30 | 0.51 | 0.81 | (0.55) | (0.22) | (0.77) |
Year Ended 12/31/2016 | $14.18 | 0.25 | 0.42 | 0.67 | (0.12) | (0.27) | (0.39) |
Year Ended 12/31/2015 | $14.74 | 0.31 | (0.26) | 0.05 | (0.33) | (0.28) | (0.61) |
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) | Annualized. |
(d) | Ratios include line of credit interest expense which is less than 0.01%. |
(e) | The benefits derived from expense reductions had an impact of less than 0.01%. |
88 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Thermostat FundSM
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) | |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $17.04 | 15.25% | 0.23%(c),(d) | 0.17%(c),(d) | 1.79%(c) | 129% | $2,136 |
Year Ended 12/31/2019 | $14.96 | 15.24% | 0.25%(d) | 0.16%(d) | 2.13% | 158% | $837 |
Year Ended 12/31/2018 | $13.72 | 0.21% | 0.22% | 0.16% | 2.04% | 122% | $461 |
Year Ended 12/31/2017 | $14.50 | 5.64% | 0.21% | 0.18% | 2.04% | 33% | $521 |
Year Ended 12/31/2016 | $14.46 | 4.76% | 0.21% | 0.19% | 1.71% | 95% | $399 |
Year Ended 12/31/2015 | $14.18 | 0.32% | 0.20% | 0.19% | 2.08% | 69% | $352 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 89 |
Columbia Acorn Emerging Markets FundSM
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 | Total distributions to shareholders | |
Class A | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $12.95 | 0.00(b) | (1.85) | (1.85) | — | — | — |
Year Ended 12/31/2019 | $10.74 | 0.04 | 2.17 | 2.21 | — | — | — |
Year Ended 12/31/2018 | $13.24 | 0.07 | (2.40) | (2.33) | (0.16) | (0.01) | (0.17) |
Year Ended 12/31/2017 | $9.84 | (0.02) | 3.42 | 3.40 | — | — | — |
Year Ended 12/31/2016 | $10.24 | (0.01) | (0.32) | (0.33) | (0.03) | (0.04) | (0.07) |
Year Ended 12/31/2015 | $12.72 | 0.10 | (2.42) | (2.32) | (0.15) | (0.01) | (0.16) |
Advisor Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $13.12 | 0.03 | (1.89) | (1.86) | — | — | — |
Year Ended 12/31/2019 | $10.85 | 0.07 | 2.20 | 2.27 | — | — | — |
Year Ended 12/31/2018 | $13.38 | 0.10 | (2.43) | (2.33) | (0.19) | (0.01) | (0.20) |
Year Ended 12/31/2017 | $9.92 | 0.02 | 3.44 | 3.46 | — | — | — |
Year Ended 12/31/2016 | $10.32 | 0.01 | (0.31) | (0.30) | (0.06) | (0.04) | (0.10) |
Year Ended 12/31/2015 | $12.83 | 0.17 | (2.49) | (2.32) | (0.18) | (0.01) | (0.19) |
Class C | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $12.73 | (0.03) | (1.83) | (1.86) | — | — | — |
Year Ended 12/31/2019 | $10.63 | (0.05) | 2.15 | 2.10 | — | — | — |
Year Ended 12/31/2018 | $13.09 | (0.02) | (2.37) | (2.39) | (0.07) | (0.01) | (0.08) |
Year Ended 12/31/2017 | $9.80 | (0.09) | 3.38 | 3.29 | — | — | — |
Year Ended 12/31/2016 | $10.20 | (0.09) | (0.31) | (0.40) | — | — | — |
Year Ended 12/31/2015 | $12.65 | 0.01 | (2.39) | (2.38) | (0.06) | (0.01) | (0.07) |
Institutional Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $13.04 | 0.02 | (1.87) | (1.85) | — | — | — |
Year Ended 12/31/2019 | $10.79 | 0.07 | 2.18 | 2.25 | — | — | — |
Year Ended 12/31/2018 | $13.29 | 0.10 | (2.41) | (2.31) | (0.19) | (0.01) | (0.20) |
Year Ended 12/31/2017 | $9.85 | 0.03 | 3.41 | 3.44 | — | — | — |
Year Ended 12/31/2016 | $10.26 | (0.00)(b) | (0.31) | (0.31) | (0.06) | (0.04) | (0.10) |
Year Ended 12/31/2015 | $12.74 | 0.13 | (2.42) | (2.29) | (0.18) | (0.01) | (0.19) |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $13.14 | 0.00(b) | (1.85) | (1.85) | — | — | — |
Year Ended 12/31/2019 | $10.86 | 0.07 | 2.21 | 2.28 | — | — | — |
Year Ended 12/31/2018 | $13.38 | 0.11 | (2.43) | (2.32) | (0.20) | (0.01) | (0.21) |
Year Ended 12/31/2017 | $9.91 | 0.04 | 3.43 | 3.47 | — | — | — |
Year Ended 12/31/2016 | $10.32 | (0.02) | (0.28) | (0.30) | (0.07) | (0.04) | (0.11) |
Year Ended 12/31/2015 | $12.82 | 0.15 | (2.45) | (2.30) | (0.19) | (0.01) | (0.20) |
90 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn Emerging Markets FundSM
Reimbursement from affiliate | 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) | |
Class A | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | — | $11.10 | (14.29%)(c) | 2.21%(d),(e) | 1.55%(d),(e) | 0.04%(d) | 42% | $11,824 |
Year Ended 12/31/2019 | — | $12.95 | 20.58%(c) | 2.14% | 1.54%(f) | 0.33% | 31% | $22,674 |
Year Ended 12/31/2018 | — | $10.74 | (17.58%)(c),(g) | 2.02%(e) | 1.52%(e),(f) | 0.54% | 53% | $22,442 |
Year Ended 12/31/2017 | — | $13.24 | 34.55%(c) | 1.98% | 1.70%(f) | (0.14%) | 47% | $33,982 |
Year Ended 12/31/2016 | — | $9.84 | (3.20%)(c) | 1.84%(e) | 1.84%(e) | (0.11%) | 43% | $49,141 |
Year Ended 12/31/2015 | — | $10.24 | (18.25%) | 1.67% | 1.67% | 0.88% | 58% | $88,574 |
Advisor Class | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | — | $11.26 | (14.18%)(c) | 2.01%(d),(e) | 1.30%(d),(e) | 0.46%(d) | 42% | $411 |
Year Ended 12/31/2019 | — | $13.12 | 20.92%(c) | 1.89% | 1.29%(f) | 0.55% | 31% | $797 |
Year Ended 12/31/2018 | — | $10.85 | (17.39%)(c),(h) | 1.77%(e) | 1.27%(e),(f) | 0.79% | 53% | $828 |
Year Ended 12/31/2017 | — | $13.38 | 34.88%(c) | 1.73% | 1.43%(f) | 0.19% | 47% | $1,337 |
Year Ended 12/31/2016 | — | $9.92 | (2.91%) | 1.57%(e) | 1.57%(e) | 0.09% | 43% | $1,306 |
Year Ended 12/31/2015 | — | $10.32 | (18.04%) | 1.36% | 1.36% | 1.37% | 58% | $3,459 |
Class C | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | — | $10.87 | (14.61%)(c) | 2.98%(d),(e) | 2.30%(d),(e) | (0.53%)(d) | 42% | $5,619 |
Year Ended 12/31/2019 | — | $12.73 | 19.76%(c) | 2.90% | 2.29%(f) | (0.45%) | 31% | $7,811 |
Year Ended 12/31/2018 | 0.01 | $10.63 | (18.20%)(c),(i) | 2.76%(e) | 2.26%(e),(f) | (0.20%) | 53% | $9,138 |
Year Ended 12/31/2017 | — | $13.09 | 33.57%(c) | 2.74% | 2.43%(f) | (0.78%) | 47% | $15,546 |
Year Ended 12/31/2016 | — | $9.80 | (3.92%)(c) | 2.60%(e) | 2.59%(e) | (0.87%) | 43% | $15,534 |
Year Ended 12/31/2015 | — | $10.20 | (18.83%) | 2.42% | 2.42% | 0.12% | 58% | $22,953 |
Institutional Class | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | — | $11.19 | (14.19%)(c) | 1.98%(d),(e) | 1.30%(d),(e) | 0.39%(d) | 42% | $13,173 |
Year Ended 12/31/2019 | — | $13.04 | 20.85%(c) | 1.89% | 1.29%(f) | 0.56% | 31% | $22,305 |
Year Ended 12/31/2018 | 0.01 | $10.79 | (17.28%)(c),(j) | 1.76%(e) | 1.26%(e),(f) | 0.79% | 53% | $25,476 |
Year Ended 12/31/2017 | — | $13.29 | 34.92%(c) | 1.74% | 1.42%(f) | 0.28% | 47% | $53,415 |
Year Ended 12/31/2016 | — | $9.85 | (3.04%)(c) | 1.59%(e) | 1.58%(e) | (0.04%) | 43% | $38,969 |
Year Ended 12/31/2015 | — | $10.26 | (17.98%) | 1.42% | 1.42% | 1.12% | 58% | $147,688 |
Institutional 2 Class | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | — | $11.29 | (14.08%)(c) | 1.85%(d),(e) | 1.23%(d),(e) | 0.01%(d) | 42% | $246 |
Year Ended 12/31/2019 | — | $13.14 | 20.99%(c) | 1.81% | 1.22% | 0.61% | 31% | $2,172 |
Year Ended 12/31/2018 | 0.01 | $10.86 | (17.24%)(c),(k) | 1.69%(e) | 1.19%(e) | 0.88% | 53% | $509 |
Year Ended 12/31/2017 | — | $13.38 | 35.02%(c) | 1.65% | 1.33% | 0.33% | 47% | $1,030 |
Year Ended 12/31/2016 | — | $9.91 | (2.90%) | 1.46%(e) | 1.46%(e) | (0.23%) | 43% | $806 |
Year Ended 12/31/2015 | — | $10.32 | (17.96%) | 1.34% | 1.34% | 1.22% | 58% | $12,643 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 91 |
Columbia Acorn Emerging Markets FundSM
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 | Total distributions to shareholders | |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $13.03 | 0.03 | (1.87) | (1.84) | — | — | — |
Year Ended 12/31/2019 | $10.76 | 0.08 | 2.19 | 2.27 | — | — | — |
Year Ended 12/31/2018 | $13.27 | 0.12 | (2.41) | (2.29) | (0.21) | (0.01) | (0.22) |
Year Ended 12/31/2017 | $9.82 | 0.02 | 3.43 | 3.45 | — | — | — |
Year Ended 12/31/2016 | $10.23 | 0.03 | (0.33) | (0.30) | (0.07) | (0.04) | (0.11) |
Year Ended 12/31/2015 | $12.71 | 0.15 | (2.43) | (2.28) | (0.19) | (0.01) | (0.20) |
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) | Rounds to zero. |
(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) | Ratios include line of credit interest expense which is less than 0.01%. |
(f) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(g) | The Fund received a payment from an affiliate. Had the Fund not received this payment, the total return would have been lower by 0.03%. |
(h) | The Fund received a payment from an affiliate. Had the Fund not received this payment, the total return would have been lower by 0.02%. |
(i) | The Fund received a payment from an affiliate. Had the Fund not received this payment, the total return would have been lower by 0.06%. |
(j) | The Fund received a payment from an affiliate. Had the Fund not received this payment, the total return would have been lower by 0.09%. |
(k) | The Fund received a payment from an affiliate. Had the Fund not received this payment, the total return would have been lower by 0.07%. |
92 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn Emerging Markets FundSM
Reimbursement from affiliate | 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) | |
Institutional 3 Class | ||||||||
Six Months Ended 6/30/2020 (Unaudited) | — | $11.19 | (14.12%)(c) | 1.86%(d),(e) | 1.19%(d),(e) | 0.55%(d) | 42% | $602 |
Year Ended 12/31/2019 | — | $13.03 | 21.10%(c) | 1.78% | 1.17% | 0.71% | 31% | $879 |
Year Ended 12/31/2018 | — | $10.76 | (17.27%)(c),(g) | 1.65%(e) | 1.14%(e) | 0.94% | 53% | $693 |
Year Ended 12/31/2017 | — | $13.27 | 35.13%(c) | 1.59% | 1.14% | 0.16% | 47% | $912 |
Year Ended 12/31/2016 | — | $9.82 | (2.92%)(c) | 1.45% | 1.45% | 0.29% | 43% | $2 |
Year Ended 12/31/2015 | — | $10.23 | (17.90%) | 1.27% | 1.27% | 1.24% | 58% | $2 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 93 |
Columbia Acorn European FundSM
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 | Total distributions to shareholders | |
Class A | ||||||
Six Months Ended 6/30/2020 (Unaudited) | $22.52 | (0.02) | (1.44) | (1.46) | (0.13) | (0.13) |
Year Ended 12/31/2019 | $15.56 | 0.06 | 7.09 | 7.15 | (0.19) | (0.19) |
Year Ended 12/31/2018 | $19.27 | 0.11 | (3.70) | (3.59) | (0.12) | (0.12) |
Year Ended 12/31/2017 | $14.12 | 0.06 | 5.28 | 5.34 | (0.19) | (0.19) |
Year Ended 12/31/2016 | $14.75 | 0.16 | (0.67) | (0.51) | (0.12) | (0.12) |
Year Ended 12/31/2015 | $14.34 | 0.10 | 0.50 | 0.60 | (0.19) | (0.19) |
Advisor Class | ||||||
Six Months Ended 6/30/2020 (Unaudited) | $22.70 | (0.00)(f) | (1.45) | (1.45) | (0.13) | (0.13) |
Year Ended 12/31/2019 | $15.68 | 0.12 | 7.13 | 7.25 | (0.23) | (0.23) |
Year Ended 12/31/2018 | $19.36 | 0.19 | (3.75) | (3.56) | (0.12) | (0.12) |
Year Ended 12/31/2017 | $14.18 | 0.10 | 5.32 | 5.42 | (0.24) | (0.24) |
Year Ended 12/31/2016 | $14.82 | 0.17 | (0.65) | (0.48) | (0.16) | (0.16) |
Year Ended 12/31/2015 | $14.40 | 0.24 | 0.41 | 0.65 | (0.23) | (0.23) |
Class C | ||||||
Six Months Ended 6/30/2020 (Unaudited) | $22.15 | (0.09) | (1.43) | (1.52) | (0.13) | (0.13) |
Year Ended 12/31/2019 | $15.33 | (0.06) | 6.93 | 6.87 | (0.05) | (0.05) |
Year Ended 12/31/2018 | $19.12 | (0.02) | (3.65) | (3.67) | (0.12) | (0.12) |
Year Ended 12/31/2017 | $13.99 | (0.04) | 5.21 | 5.17 | (0.04) | (0.04) |
Year Ended 12/31/2016 | $14.63 | 0.03 | (0.64) | (0.61) | (0.03) | (0.03) |
Year Ended 12/31/2015 | $14.16 | (0.00)(f) | 0.48 | 0.48 | (0.01) | (0.01) |
Institutional Class | ||||||
Six Months Ended 6/30/2020 (Unaudited) | $22.59 | 0.00(f) | (1.45) | (1.45) | (0.13) | (0.13) |
Year Ended 12/31/2019 | $15.60 | 0.12 | 7.10 | 7.22 | (0.23) | (0.23) |
Year Ended 12/31/2018 | $19.27 | 0.15 | (3.70) | (3.55) | (0.12) | (0.12) |
Year Ended 12/31/2017 | $14.11 | 0.14 | 5.26 | 5.40 | (0.24) | (0.24) |
Year Ended 12/31/2016 | $14.75 | 0.19 | (0.67) | (0.48) | (0.16) | (0.16) |
Year Ended 12/31/2015 | $14.34 | 0.15 | 0.49 | 0.64 | (0.23) | (0.23) |
Institutional 2 Class | ||||||
Six Months Ended 6/30/2020 (Unaudited) | $22.84 | 0.01 | (1.46) | (1.45) | (0.13) | (0.13) |
Year Ended 12/31/2019 | $15.78 | 0.14 | 7.17 | 7.31 | (0.25) | (0.25) |
Year Ended 12/31/2018 | $19.46 | 0.19 | (3.75) | (3.56) | (0.12) | (0.12) |
Year Ended 12/31/2017 | $14.25 | 0.20 | 5.25 | 5.45 | (0.24) | (0.24) |
Year Ended 12/31/2016 | $14.89 | 0.18 | (0.66) | (0.48) | (0.16) | (0.16) |
Year Ended 12/31/2015 | $14.47 | 0.15 | 0.50 | 0.65 | (0.23) | (0.23) |
94 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn European FundSM
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) | |
Class A | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $20.93 | (6.50%) | 1.84%(c),(d) | 1.45%(c),(d) | (0.22%)(c) | 24% | $27,020 |
Year Ended 12/31/2019 | $22.52 | 45.96% | 1.88% | 1.44% | 0.33% | 30% | $33,361 |
Year Ended 12/31/2018 | $15.56 | (18.78%) | 1.81%(d) | 1.45%(d) | 0.57% | 39% | $22,870 |
Year Ended 12/31/2017 | $19.27 | 37.89% | 1.94% | 1.58%(e) | 0.33% | 34% | $32,487 |
Year Ended 12/31/2016 | $14.12 | (3.47%) | 2.00% | 1.75% | 1.07% | 40% | $26,269 |
Year Ended 12/31/2015 | $14.75 | 4.17% | 2.06% | 1.75% | 0.67% | 37% | $40,368 |
Advisor Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $21.12 | (6.41%) | 1.58%(c),(d) | 1.20%(c),(d) | (0.01%)(c) | 24% | $1,176 |
Year Ended 12/31/2019 | $22.70 | 46.30% | 1.63% | 1.19% | 0.60% | 30% | $1,906 |
Year Ended 12/31/2018 | $15.68 | (18.53%) | 1.55%(d) | 1.19%(d) | 0.97% | 39% | $1,496 |
Year Ended 12/31/2017 | $19.36 | 38.29% | 1.71% | 1.28%(e) | 0.55% | 34% | $2,942 |
Year Ended 12/31/2016 | $14.18 | (3.27%) | 1.79% | 1.50% | 1.15% | 40% | $362 |
Year Ended 12/31/2015 | $14.82 | 4.48% | 1.81% | 1.50% | 1.59% | 37% | $408 |
Class C | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $20.50 | (6.88%) | 2.59%(c),(d) | 2.20%(c),(d) | (0.96%)(c) | 24% | $4,924 |
Year Ended 12/31/2019 | $22.15 | 44.79% | 2.64% | 2.19% | (0.30%) | 30% | $6,186 |
Year Ended 12/31/2018 | $15.33 | (19.34%) | 2.56%(d) | 2.20%(d) | (0.12%) | 39% | $8,770 |
Year Ended 12/31/2017 | $19.12 | 36.95% | 2.69% | 2.31%(e) | (0.25%) | 34% | $13,965 |
Year Ended 12/31/2016 | $13.99 | (4.21%) | 2.75% | 2.50% | 0.18% | 40% | $7,112 |
Year Ended 12/31/2015 | $14.63 | 3.41% | 2.82% | 2.50% | (0.02%) | 37% | $7,220 |
Institutional Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $21.01 | (6.44%) | 1.59%(c),(d) | 1.20%(c),(d) | 0.02%(c) | 24% | $33,458 |
Year Ended 12/31/2019 | $22.59 | 46.35% | 1.63% | 1.19% | 0.64% | 30% | $49,616 |
Year Ended 12/31/2018 | $15.60 | (18.57%) | 1.56%(d) | 1.20%(d) | 0.80% | 39% | $32,813 |
Year Ended 12/31/2017 | $19.27 | 38.35% | 1.69% | 1.29%(e) | 0.77% | 34% | $48,965 |
Year Ended 12/31/2016 | $14.11 | (3.29%) | 1.73% | 1.50% | 1.29% | 40% | $11,345 |
Year Ended 12/31/2015 | $14.75 | 4.43% | 1.78% | 1.50% | 1.01% | 37% | $11,766 |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $21.26 | (6.37%) | 1.55%(c),(d) | 1.14%(c),(d) | 0.11%(c) | 24% | $3,677 |
Year Ended 12/31/2019 | $22.84 | 46.33% | 1.60% | 1.13% | 0.73% | 30% | $2,175 |
Year Ended 12/31/2018 | $15.78 | (18.44%) | 1.50%(d) | 1.13%(d) | 0.96% | 39% | $2,554 |
Year Ended 12/31/2017 | $19.46 | 38.32% | 1.64% | 1.28% | 1.14% | 34% | $3,988 |
Year Ended 12/31/2016 | $14.25 | (3.23%) | 1.68% | 1.47% | 1.26% | 40% | $1,262 |
Year Ended 12/31/2015 | $14.89 | 4.48% | 1.75% | 1.48% | 0.98% | 37% | $2,122 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 95 |
Columbia Acorn European FundSM
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 | Total distributions to shareholders | |
Institutional 3 Class | ||||||
Six Months Ended 6/30/2020 (Unaudited) | $22.48 | 0.01 | (1.44) | (1.43) | (0.13) | (0.13) |
Year Ended 12/31/2019 | $15.53 | 0.14 | 7.06 | 7.20 | (0.25) | (0.25) |
Year Ended 12/31/2018 | $19.17 | (0.04) | (3.48) | (3.52) | (0.12) | (0.12) |
Year Ended 12/31/2017(g) | $15.02 | 0.03 | 4.40 | 4.43 | (0.28) | (0.28) |
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) | Annualized. |
(d) | Ratios include line of credit interest expense which is less than 0.01%. |
(e) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(f) | Rounds to zero. |
(g) | Institutional 3 Class shares commenced operations on March 1, 2017. Per share data and total return reflect activity from that date. |
96 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn European FundSM
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) | |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2020 (Unaudited) | $20.92 | (6.38%) | 1.49%(c),(d) | 1.09%(c),(d) | 0.07%(c) | 24% | $3 |
Year Ended 12/31/2019 | $22.48 | 46.42% | 1.54% | 1.09% | 0.74% | 30% | $19 |
Year Ended 12/31/2018 | $15.53 | (18.51%) | 1.41%(d) | 1.08%(d) | (0.21%) | 39% | $3 |
Year Ended 12/31/2017(g) | $19.17 | 29.55% | 1.58%(c) | 1.09%(c) | 0.17%(c) | 34% | $210 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 97 |
June 30, 2020 (Unaudited)
98 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
June 30, 2020 (Unaudited)
Columbia Acorn Family of Funds | Semiannual Report 2020 | 99 |
June 30, 2020 (Unaudited)
Amount of realized gain (loss) on derivatives recognized in income | |
Risk exposure category | Futures contracts ($) |
Equity risk | 278,742 |
Derivative instrument | Average notional amounts ($)* |
Futures contracts — long | 972,039 |
* | Based on the ending daily outstanding amounts for the six months ended June 30, 2020. |
Asset derivatives | ||
Risk exposure category | Statement of assets and liabilities location | Fair value ($) |
Equity risk | Component of total distributable earnings (loss) — unrealized appreciation on futures contracts | 1,000,812* |
* | Includes cumulative appreciation (depreciation) as reported in the tables following the Portfolio of Investments. Only the current day’s variation margin is reported in receivables or payables in the Statement of Assets and Liabilities. |
100 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
June 30, 2020 (Unaudited)
Amount of realized gain (loss) on derivatives recognized in income | |
Risk exposure category | Futures contracts ($) |
Equity risk | 16,049,936 |
Change in unrealized appreciation (depreciation) on derivatives recognized in income | |
Risk exposure category | Futures contracts ($) |
Equity risk | 867,976 |
Derivative instrument | Average notional amounts ($)* |
Futures contracts — long | 95,577,293 |
* | Based on the ending quarterly outstanding amounts for the six months ended June 30, 2020. |
Amount of realized gain (loss) on derivatives recognized in income | |
Risk exposure category | Futures contracts ($) |
Equity risk | 141,608 |
Derivative instrument | Average notional amounts ($)* |
Futures contracts — long | 3,434,670 |
* | Based on the ending daily outstanding amounts for the six months ended June 30, 2020. |
Amount of realized gain (loss) on derivatives recognized in income | |
Risk exposure category | Futures contracts ($) |
Equity risk | 3,689,005 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 101 |
June 30, 2020 (Unaudited)
Derivative instrument | Average notional amounts ($)* |
Futures contracts — long | 3,835,190 |
* | Based on the ending daily outstanding amounts for the six months ended June 30, 2020. |
Asset derivatives | ||
Risk exposure category | Statement of assets and liabilities location | Fair value ($) |
Equity risk | Component of total distributable earnings (loss) — unrealized appreciation on futures contracts | 26,833* |
* | Includes cumulative appreciation (depreciation) as reported in the tables following the Portfolio of Investments. Only the current day’s variation margin is reported in receivables or payables in the Statement of Assets and Liabilities. |
Amount of realized gain (loss) on derivatives recognized in income | |
Risk exposure category | Futures contracts ($) |
Equity risk | (543,282) |
Change in unrealized appreciation (depreciation) on derivatives recognized in income | |
Risk exposure category | Futures contracts ($) |
Equity risk | 26,833 |
Derivative instrument | Average notional amounts ($)* |
Futures contracts — long | 2,422,200 |
* | Based on the ending quarterly outstanding amounts for the six months ended June 30, 2020. |
102 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
June 30, 2020 (Unaudited)
Columbia Acorn® Fund | Columbia Acorn International® | Columbia Acorn USA® | Columbia Acorn European FundSM | |
Goldman Sachs ($) | Goldman Sachs ($) | Goldman Sachs ($) | Goldman Sachs ($) | |
Liabilities | ||||
Collateral on Securities Loaned | 32,820,950 | 21,620,386 | 4,076,000 | 601,387 |
Total Liabilities | 32,820,950 | 21,620,386 | 4,076,000 | 601,387 |
Total Financial and Derivative Net Assets | (32,820,950) | (21,620,386) | (4,076,000) | (601,387) |
Financial Instruments | 32,941,685 | 20,316,271 | 4,235,117 | 574,506 |
Net Amount (a) | 120,735 | (1,304,115) | 159,117 | (26,881) |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 103 |
June 30, 2020 (Unaudited)
(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 | $32,941,685 | $— | $— | $— | $32,941,685 |
Gross amount of recognized liabilities for securities lending (collateral received) | 32,820,950 | ||||
Amounts due to counterparty in the event of default | $(120,735) | ||||
Columbia Acorn International® | |||||
Securities lending transactions | |||||
Equity securities | $20,316,271 | $— | $— | $— | $20,316,271 |
Gross amount of recognized liabilities for securities lending (collateral received) | 21,620,386 | ||||
Amounts due to counterparty in the event of default | $1,304,115 | ||||
Columbia Acorn USA® | |||||
Securities lending transactions | |||||
Equity securities | $4,235,117 | $— | $— | $— | $4,235,117 |
Gross amount of recognized liabilities for securities lending (collateral received) | 4,076,000 | ||||
Amounts due to counterparty in the event of default | $(159,117) | ||||
Columbia Acorn European FundSM | |||||
Securities lending transactions | |||||
Equity securities | $574,506 | $— | $— | $— | $574,506 |
Gross amount of recognized liabilities for securities lending (collateral received) | 601,387 | ||||
Amounts due to counterparty in the event of default | $26,881 |
104 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
June 30, 2020 (Unaudited)
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% |
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 Family of Funds | Semiannual Report 2020 | 105 |
June 30, 2020 (Unaudited)
Columbia Acorn Emerging Markets FundSM | |
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 FundSM | |
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% |
Fund | Effective investment advisory fee rate (%) |
Columbia Acorn® Fund | 0.68 |
Columbia Acorn International® | 0.80 |
Columbia Acorn USA® | 0.93 |
Columbia Acorn International SelectSM | 0.89 |
Columbia Acorn SelectSM | 0.64 |
Columbia Thermostat FundSM | 0.10 |
Columbia Acorn Emerging Markets FundSM | 1.25 |
Columbia Acorn European FundSM | 1.19 |
106 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
June 30, 2020 (Unaudited)
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% |
$45 billion and over | 0.015% |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 107 |
June 30, 2020 (Unaudited)
108 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
June 30, 2020 (Unaudited)
Fund | Class A (%) | Advisor Class (%) | Class C (%) | Institutional Class (%) | Institutional 2 Class (%) | Institutional 3 Class (%) | Class R (%) |
Columbia Acorn® Fund | 0.09 | 0.09 | 0.09 | 0.09 | 0.06 | 0.01 | — |
Columbia Acorn International® | 0.11 | 0.12 | 0.11 | 0.11 | 0.05 | 0.00 | 0.11 |
Columbia Acorn USA® | 0.12 | 0.12 | 0.12 | 0.12 | 0.04 | 0.00 | — |
Columbia Acorn International SelectSM | 0.14 | 0.14 | 0.13 | 0.14 | 0.05 | 0.00 | — |
Columbia Acorn SelectSM | 0.13 | 0.13 | 0.13 | 0.13 | 0.06 | 0.01 | — |
Columbia Thermostat FundSM | 0.10 | 0.10 | 0.10 | 0.10 | 0.06 | 0.02 | — |
Columbia Acorn Emerging Markets FundSM | 0.14 | 0.15 | 0.15 | 0.14 | 0.06 | 0.02 | — |
Columbia Acorn European FundSM | 0.11 | 0.11 | 0.11 | 0.11 | 0.05 | 0.00 | — |
Front End (%) | CDSC (%) | Amount ($) | ||||
Fund | Class A | Class C | Class A | Class C | Class A | Class C |
Columbia Acorn® Fund | 5.75 | — | 0.50 - 1.00(a) | 1.00(b) | 110,662 | 1,193 |
Columbia Acorn International® | 5.75 | — | 0.50 - 1.00(a) | 1.00(b) | 31,288 | 104 |
Columbia Acorn USA® | 5.75 | — | 0.50 - 1.00(a) | 1.00(b) | 12,279 | 51 |
Columbia Acorn International SelectSM | 5.75 | — | 0.50 - 1.00(a) | 1.00(b) | 31,009 | 48 |
Columbia Acorn SelectSM | 5.75 | — | 0.50 - 1.00(a) | 1.00(b) | 5,740 | 72 |
Columbia Thermostat FundSM | 5.75 | — | 0.50 - 1.00(a) | 1.00(b) | 623,659 | 4,872 |
Columbia Acorn Emerging Markets FundSM | 5.75 | — | 0.50 - 1.00(a) | 1.00(b) | 2,984 | 131 |
Columbia Acorn European FundSM | 5.75 | — | 0.50 - 1.00(a) | 1.00(b) | 21,105 | 871 |
(a) | This charge is imposed on certain investments of between $1 million and $50 million redeemed within 18 months after purchase, as follows: 1.00% if redeemed within 12 months after purchase, and 0.50% if redeemed more than 12, but less than 18, months after purchase, with certain limited exceptions. |
(b) | This charge applies to redemptions within 12 months after purchase, with certain limited exceptions. |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 109 |
June 30, 2020 (Unaudited)
Fund | Class A | Advisor | Class C | Institutional Class | Institutional Class 2 | Institutional Class 3 |
Columbia Acorn International SelectSM | 1.28% | 1.03% | 2.03% | 1.03% | 0.96% | 0.91% |
Fund | Class A | Advisor Class | Class C | Institutional Class | Institutional 2 Class | Institutional 3 Class |
Columbia Acorn International SelectSM | 1.28% | 1.03% | 2.03% | 1.03% | 0.90% | 0.85% |
Fund | Class A | Advisor | Class C | Institutional Class | Institutional Class 2 | Institutional Class 3 |
Columbia Acorn European FundSM | 1.45% | 1.20% | 2.20% | 1.20% | 1.14% | 1.10% |
Fund | Class A | Advisor | Class C | Institutional Class | Institutional Class 2 | Institutional Class 3 |
Columbia Acorn USA® | 1.41% | 1.16% | 2.16% | 1.16% | 1.08% | 1.04% |
110 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
June 30, 2020 (Unaudited)
Fund | Class A | Advisor | Class C | Institutional | Institutional Class 2 | Institutional Class 3 |
Columbia Acorn Emerging Markets FundSM | 1.55% | 1.30% | 2.30% | 1.30% | 1.24% | 1.19% |
Fund | Class A | Advisor | Class C | Institutional | Institutional Class 2 | Institutional Class 3 |
Columbia Thermostat FundSM | 0.50% | 0.25% | 1.25% | 0.25% | 0.21% | 0.17% |
Fund | Class A | Advisor | Class C | Institutional Class | Institutional Class 2 | Institutional Class 3 | Class R |
Columbia Acorn®Fund | 1.11% | 0.86% | 1.86% | 0.86% | 0.82% | 0.78% | — |
Columbia Acorn InternationalSM | 1.24% | 0.99% | 1.99% | 0.99% | 0.92% | 0.88% | 1.49% |
Fund | Class A | Advisor | Class C | Institutional Class | Institutional Class 2 | Institutional Class 3 | Class R |
Columbia Acorn® Fund | 1.11% | 0.86% | 1.86% | 0.86% | 0.82% | 0.78% | — |
Columbia Acorn InternationalSM | 1.24% | 0.99% | 1.99% | 0.99% | 0.92% | 0.88% | 1.49% |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 111 |
June 30, 2020 (Unaudited)
Fund | Class A | Advisor | Class C | Institutional Class | Institutional Class 2 | Institutional Class 3 |
Colubmia Acorn Emerging MarketsSM | 1.55% | 1.30% | 2.30% | 1.30% | 1.24% | 1.19% |
Columbia Acorn European FundSM | 1.45% | 1.20% | 2.20% | 1.20% | 1.14% | 1.09% |
Columbia Acorn International SelectSM | 1.31% | 1.06% | 2.06% | 1.06% | 0.97% | 0.92% |
Fund | Class A | Advisor | Class C | Institutional Class | Institutional Class 2 | Institutional Class 3 |
Columbia Acorn USA® | 1.42% | 1.17% | 2.17% | 1.17% | 1.08% | 1.04% |
Fund | Class A | Advisor Class | Class C | Institutional Class | Institutional 2 Class | Institutional 3 Class |
Columbia Thermostat FundSM | 0.50% | 0.25% | 1.25% | 0.25% | 0.21% | 0.17% |
Fund | Expenses waived and/or reimbursed ($) |
Columbia Acorn® Fund | 141,537 |
Columbia Acorn International® | 581,756 |
Columbia Acorn USA® | 67,767 |
Columbia Acorn International SelectSM | 149,280 |
Columbia Acorn SelectSM | 241,976 |
Columbia Thermostat FundSM | 227,734 |
Columbia Acorn Emerging Markets FundSM | 136,647 |
Columbia Acorn European FundSM | 143,678 |
112 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
June 30, 2020 (Unaudited)
Fund | Tax cost ($) | Gross unrealized appreciation ($) | Gross unrealized (depreciation) ($) | Net unrealized appreciation ($) |
Columbia Acorn® Fund | 2,976,430,000 | 1,029,012,000 | (106,300,000) | 922,712,000 |
Columbia Acorn International® | 1,797,452,000 | 1,028,000 | 452,053,000 | 453,081,000 |
Columbia Acorn USA® | 231,588,000 | 50,165,000 | (12,166,000) | 37,999,000 |
Columbia Acorn International SelectSM | 162,887,000 | 44,353,000 | (4,113,000) | 40,240,000 |
Columbia Acorn SelectSM | 172,546,000 | 46,736,000 | (2,306,000) | 44,430,000 |
Columbia Thermostat FundSM | 1,025,193,000 | 88,540,000 | (668,000) | 87,872,000 |
Columbia Acorn Emerging Markets FundSM | 25,215,000 | 7,122,000 | (934,000) | 6,188,000 |
Columbia Acorn European FundSM | 51,563,000 | 20,876,000 | (1,775,000) | 19,101,000 |
Fund | 2019 ($) | No expiration short-term ($) | No expiration long-term ($) | Total ($) |
Columbia Acorn Emerging Markets FundSM | — | (45,869,771) | (28,757,480) | (74,627,251) |
Columbia Acorn European FundSM | — | (6,998,201) | — | (6,998,201) |
Fund | Late year ordinary losses ($) | Post-October capital losses ($) |
Columbia Acorn International SelectSM | — | 798,590 |
Purchases ($) | Proceeds from sales ($) | |
Columbia Acorn® Fund | 1,726,149,967 | 2,052,709,297 |
Columbia Acorn International® | 789,087,701 | 1,006,863,760 |
Columbia Acorn USA® | 179,144,749 | 191,195,455 |
Columbia Acorn International SelectSM | 125,178,269 | 62,033,431 |
Columbia Acorn SelectSM | 123,464,225 | 170,965,868 |
Columbia Thermostat FundSM | 1,388,493,801 | 1,093,809,668 |
Columbia Acorn Emerging Markets FundSM | 16,066,846 | 32,865,895 |
Columbia Acorn European FundSM | 17,649,842 | 28,796,341 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 113 |
June 30, 2020 (Unaudited)
Fund | Average loan balance ($) | Weighted average interest rate (%) | Days outstanding |
Columbia Thermostat FundSM | 3,050,000 | 1.85 | 2 |
Columbia Acorn Emerging Markets FundSM | 200,000 | 1.37 | 1 |
Columbia Acorn European FundSM | 512,500 | 1.87 | 8 |
114 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
June 30, 2020 (Unaudited)
Columbia Acorn Family of Funds | Semiannual Report 2020 | 115 |
June 30, 2020 (Unaudited)
116 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
June 30, 2020 (Unaudited)
Fund | Number of unaffiliated accounts | Percentage of shares outstanding held — unaffiliated (%) | Percentage of shares outstanding held — affiliated (%) |
Columbia Acorn® Fund | — | — | — |
Columbia Acorn International® | 1 | 11.5 | — |
Columbia Acorn USA® | 1 | 25.1 | — |
Columbia Acorn International SelectSM | 1 | 38.4 | 17.0 |
Columbia Acorn SelectSM | 1 | 18.6 | — |
Columbia Thermostat FundSM | 2 | 26.0 | 20.7 |
Columbia Acorn Emerging Markets FundSM | — | — | 41.4 |
Columbia Acorn European FundSM | 3 | 39.9 | 29.0 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 117 |
June 30, 2020 (Unaudited)
118 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 119 |
120 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 121 |
122 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 123 |
• | each Fund had sufficient liquidity to both meet redemptions and operate effectively on behalf of their respective shareholders; |
• | there were no material changes to the Program during the period; |
• | each Fund’s strategy continued to be effective for an open-end mutual fund; |
• | the implementation of the Program was effective to manage each Fund’s liquidity risk; and |
• | the Program operated adequately during the period. |
124 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
as of June 30, 2020
Columbia Acorn® Fund | Class A | Class AD | Class C | Class I1 | Class I2 | Class I3 | Class R | |||||||||
Investment advisory fee | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | ||||||||||
Distribution and/or service fees | 0.25% | 0.00% | 1.00% | 0.00% | 0.00% | 0.00% | ||||||||||
Other expenses (a) | 0.18% | 0.18% | 0.18% | 0.18% | 0.14% | 0.10% | ||||||||||
Net expense ratio | 1.11% | 0.86% | 1.86% | 0.86% | 0.82% | 0.78% | ||||||||||
Columbia Acorn International® | ||||||||||||||||
Investment advisory fee | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% | |||||||||
Distribution and/or service fees | 0.25% | 0.00% | 1.00% | 0.00% | 0.00% | 0.00% | 0.50% | |||||||||
Other expenses (a) | 0.19% | 0.19% | 0.19% | 0.19% | 0.12% | 0.08% | 0.19% | |||||||||
Net expense ratio | 1.24% | 0.99% | 1.99% | 0.99% | 0.92% | 0.88% | 1.49% | |||||||||
Columbia Acorn USA® | ||||||||||||||||
Investment advisory fee | 0.93% | 0.93% | 0.93% | 0.93% | 0.93% | 0.93% | ||||||||||
Distribution and/or service fees | 0.25% | 0.00% | 1.00% | 0.00% | 0.00% | 0.00% | ||||||||||
Other expenses (a) | 0.23% | 0.23% | 0.23% | 0.23% | 0.15% | 0.11% | ||||||||||
Net expense ratio | 1.41% | 1.16% | 2.16% | 1.16% | 1.08% | 1.04% | ||||||||||
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% | 0.00% | 1.00% | 0.00% | 0.00% | 0.00% | ||||||||||
Other expenses (a) | 0.15% | 0.15% | 0.15% | 0.15% | 0.07% | 0.02% | ||||||||||
Net expense ratio | 1.29% | 1.04% | 2.04% | 1.04% | 0.96% | 0.91% | ||||||||||
Columbia Acorn SelectSM | ||||||||||||||||
Investment advisory fee | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% | ||||||||||
Distribution and/or service fees | 0.25% | 0.00% | 1.00% | 0.00% | 0.00% | 0.00% | ||||||||||
Other expenses (a) | 0.31% | 0.30% | 0.30% | 0.31% | 0.23% | 0.16% | ||||||||||
Net expense ratio | 1.20% | 0.94% | 1.94% | 0.95% | 0.87% | 0.80% | ||||||||||
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% | 0.00% | 1.00% | 0.00% | 0.00% | 0.00% | ||||||||||
Other expenses (a) | 0.15% | 0.15% | 0.15% | 0.15% | 0.11% | 0.07% | ||||||||||
Net expense ratio (b) | 0.50% | 0.25% | 1.25% | 0.25% | 0.21% | 0.17% | ||||||||||
Columbia Acorn Emerging Markets FundSM | ||||||||||||||||
Investment advisory fee | 1.25% | 1.25% | 1.25% | 1.25% | 1.25% | 1.25% | ||||||||||
Distribution and/or service fees | 0.25% | 0.00% | 1.00% | 0.00% | 0.00% | 0.00% | ||||||||||
Other expenses (a) | 0.05% | 0.05% | 0.05% | 0.05% | -0.02% | -0.06% | ||||||||||
Net expense ratio | 1.55% | 1.30% | 2.30% | 1.30% | 1.23% | 1.19% | ||||||||||
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% | 0.00% | 1.00% | 0.00% | 0.00% | 0.00% | ||||||||||
Other expenses (a) | 0.01% | 0.01% | 0.01% | 0.01% | -0.05% | -0.10% | ||||||||||
Net expense ratio | 1.45% | 1.20% | 2.20% | 1.20% | 1.14% | 1.09% |
(a) | Other expenses include certain fee waivers and/or reimbursements, if applicable, which can potentially exceed other expenses charged. |
(b) | Does not include estimated fees and expenses of 0.40% incurred by the Fund from the underlying portfolio funds in which it invests. |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 125 |
126 | Columbia Acorn Family of Funds | Semiannual Report 2020 |
Columbia Acorn Family of Funds | Semiannual Report 2020 | 127 |
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.
Item 11. Controls and Procedures.
(a)The registrant's principal executive officer and principal financial officers during the period covered by this report, 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 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 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. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies
Not applicable.
Item 13. Exhibits.
(a)(1) Code of ethics required to be disclosed under Item 2 of Form N-CSR: Not applicable for semiannual reports.
(a)(3) Not applicable.
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/ Louis Mendes | _______ |
| |||
|
|
| Louis Mendes, Co-President and Principal Executive Officer | |||
Date |
| August 21, 2020 |
|
|
|
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/ Louis Mendes |
| |
|
| Louis Mendes, Co-President and Principal Executive Officer | |
Date |
| August 21, 2020 |
|
By (Signature and Title) | /s/ John M. Kunka | ||
|
| John M. Kunka, Treasurer and Principal Accounting and Financial Officer | |
Date |
| August 21, 2020 |
|