UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number811-01829
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
290 Congress Street
Boston, Massachusetts 02210
Daniel J. Beckman
c/o Columbia Management Investment Advisers, LLC
290 Congress Street
Boston, Massachusetts 02210
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, 2022
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, 2022 (Unaudited)
Acorn® Fund
Acorn International®
Acorn USA®
Acorn International SelectSM
Thermostat FundSM
Acorn European FundSM
3 | |
5 | |
7 | |
9 | |
11 | |
13 | |
15 | |
18 | |
39 | |
43 | |
46 | |
52 | |
76 | |
93 | |
94 | |
99 |
Columbia Acorn® Fund (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2022) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life of Fund | ||
Class A | Excluding sales charges | 10/16/00 | -37.01 | -36.38 | 3.34 | 7.29 | 12.82 |
Including sales charges | -40.62 | -40.04 | 2.12 | 6.66 | 12.70 | ||
Advisor Class | 11/08/12 | -36.92 | -36.27 | 3.59 | 7.54 | 13.17 | |
Class C | Excluding sales charges | 10/16/00 | -37.22 | -36.87 | 2.55 | 6.50 | 11.97 |
Including sales charges | -37.82 | -37.36 | 2.55 | 6.50 | 11.97 | ||
Institutional Class | 06/10/70 | -36.95 | -36.30 | 3.58 | 7.56 | 13.18 | |
Institutional 2 Class | 11/08/12 | -36.97 | -36.28 | 3.61 | 7.59 | 13.18 | |
Institutional 3 Class | 11/08/12 | -36.93 | -36.22 | 3.68 | 7.66 | 13.20 | |
Russell 2500 Growth Index | -29.45 | -31.81 | 7.53 | 10.88 | - |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 3 |
Columbia Acorn® Fund (Unaudited)
Portfolio breakdown (%) (at June 30, 2022) | |
Common Stocks | 95.0 |
Money Market Funds | 2.8 |
Securities Lending Collateral | 2.2 |
Total | 100.0 |
Equity sector breakdown (%) (at June 30, 2022) | |
Communication Services | 2.6 |
Consumer Discretionary | 16.2 |
Consumer Staples | 3.3 |
Energy | 2.9 |
Financials | 4.5 |
Health Care | 19.9 |
Industrials | 19.6 |
Information Technology | 25.1 |
Materials | 2.7 |
Real Estate | 3.2 |
Total | 100.0 |
4 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn International® (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2022) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life of Fund | ||
Class A | Excluding sales charges | 10/16/00 | -36.11 | -33.51 | -0.02 | 3.96 | 8.18 |
Including sales charges | -39.77 | -37.34 | -1.20 | 3.35 | 7.97 | ||
Advisor Class | 11/08/12 | -36.02 | -33.36 | 0.23 | 4.21 | 8.55 | |
Class C | Excluding sales charges | 10/16/00 | -36.36 | -34.03 | -0.78 | 3.18 | 7.38 |
Including sales charges | -36.98 | -34.60 | -0.78 | 3.18 | 7.38 | ||
Institutional Class | 09/23/92 | -36.04 | -33.37 | 0.22 | 4.24 | 8.56 | |
Institutional 2 Class | 08/02/11 | -36.01 | -33.32 | 0.29 | 4.28 | 8.57 | |
Institutional 3 Class | 11/08/12 | -35.98 | -33.29 | 0.34 | 4.34 | 8.59 | |
Class R | 08/02/11 | -36.20 | -33.71 | -0.28 | 3.65 | 7.90 | |
MSCI ACWI ex USA SMID Cap Growth Index (Net) | -27.41 | -27.60 | 2.11 | 5.55 | - | ||
MSCI ACWI ex USA SMID Cap Index (Net) | -22.16 | -22.41 | 1.95 | 5.57 | - |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 5 |
Columbia Acorn International® (Unaudited)
Equity sector breakdown (%) (at June 30, 2022) | |
Communication Services | 6.5 |
Consumer Discretionary | 9.9 |
Consumer Staples | 2.2 |
Financials | 7.9 |
Health Care | 15.9 |
Industrials | 23.3 |
Information Technology | 26.4 |
Materials | 3.8 |
Real Estate | 4.1 |
Total | 100.0 |
Country breakdown (%) (at June 30, 2022) | |
Australia | 5.7 |
Austria | 1.2 |
Brazil | 2.1 |
Canada | 2.5 |
China | 2.4 |
Denmark | 3.7 |
Finland | 1.6 |
France | 0.8 |
Germany | 5.1 |
India | 1.5 |
Italy | 3.9 |
Japan | 17.0 |
Mexico | 1.6 |
Netherlands | 3.6 |
New Zealand | 1.4 |
Singapore | 0.6 |
South Korea | 2.5 |
Spain | 1.1 |
Sweden | 8.1 |
Switzerland | 3.8 |
Taiwan | 6.0 |
United Kingdom | 17.4 |
United States(a) | 5.0 |
Vietnam | 1.4 |
Total | 100.0 |
(a) | Includes investments in Money Market Funds. |
6 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn USA® (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2022) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life of Fund | ||
Class A | Excluding sales charges | 10/16/00 | -36.70 | -37.30 | 3.15 | 7.82 | 8.83 |
Including sales charges | -40.35 | -40.89 | 1.93 | 7.18 | 8.58 | ||
Advisor Class | 11/08/12 | -36.53 | -37.06 | 3.42 | 8.10 | 9.17 | |
Class C | Excluding sales charges | 10/16/00 | -36.87 | -37.71 | 2.38 | 7.05 | 8.04 |
Including sales charges | -37.47 | -38.18 | 2.38 | 7.05 | 8.04 | ||
Institutional Class | 09/04/96 | -36.55 | -37.09 | 3.41 | 8.09 | 9.17 | |
Institutional 2 Class | 11/08/12 | -36.52 | -37.04 | 3.50 | 8.18 | 9.21 | |
Institutional 3 Class | 11/08/12 | -36.59 | -37.07 | 3.51 | 8.22 | 9.22 | |
Russell 2500 Growth Index | -29.45 | -31.81 | 7.53 | 10.88 | - | ||
Russell 2000 Growth Index | -29.45 | -33.43 | 4.80 | 9.30 | - |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 7 |
Columbia Acorn USA® (Unaudited)
Portfolio breakdown (%) (at June 30, 2022) | |
Common Stocks | 95.3 |
Money Market Funds | 3.3 |
Securities Lending Collateral | 1.4 |
Total | 100.0 |
Equity sector breakdown (%) (at June 30, 2022) | |
Communication Services | 2.5 |
Consumer Discretionary | 16.2 |
Consumer Staples | 3.3 |
Energy | 2.9 |
Financials | 4.5 |
Health Care | 20.1 |
Industrials | 19.6 |
Information Technology | 25.0 |
Materials | 2.7 |
Real Estate | 3.2 |
Total | 100.0 |
8 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn International SelectSM (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2022) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life of Fund | ||
Class A | Excluding sales charges | 10/16/00 | -36.12 | -32.31 | 1.87 | 4.45 | 6.91 |
Including sales charges | -39.79 | -36.20 | 0.67 | 3.83 | 6.64 | ||
Advisor Class | 11/08/12 | -36.06 | -32.16 | 2.12 | 4.72 | 7.23 | |
Class C | Excluding sales charges | 10/16/00 | -36.37 | -32.82 | 1.10 | 3.66 | 6.10 |
Including sales charges | -36.99 | -33.44 | 1.10 | 3.66 | 6.10 | ||
Institutional Class | 11/23/98 | -36.07 | -32.17 | 2.12 | 4.73 | 7.23 | |
Institutional 2 Class | 11/08/12 | -36.03 | -32.12 | 2.20 | 4.79 | 7.26 | |
Institutional 3 Class | 11/08/12 | -36.02 | -32.07 | 2.26 | 4.84 | 7.28 | |
MSCI ACWI ex USA Growth Index (Net) | -24.79 | -25.80 | 3.43 | 5.71 | - | ||
MSCI ACWI ex USA Index (Net) | -18.42 | -19.42 | 2.50 | 4.83 | - |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 9 |
Columbia Acorn International SelectSM (Unaudited)
Equity sector breakdown (%) (at June 30, 2022) | |
Communication Services | 7.2 |
Consumer Discretionary | 7.2 |
Financials | 8.3 |
Health Care | 19.2 |
Industrials | 28.1 |
Information Technology | 25.0 |
Materials | 2.4 |
Real Estate | 2.6 |
Total | 100.0 |
Country breakdown (%) (at June 30, 2022) | |
Australia | 2.3 |
Brazil | 3.1 |
Canada | 2.4 |
China | 7.7 |
Denmark | 4.2 |
Finland | 3.3 |
Germany | 2.6 |
Italy | 4.5 |
Japan | 13.2 |
Malta | 0.0(a) |
Netherlands | 3.6 |
New Zealand | 2.7 |
Singapore | 2.6 |
South Korea | 2.2 |
Sweden | 10.3 |
Switzerland | 11.0 |
Taiwan | 7.5 |
United Kingdom | 16.2 |
United States(b) | 0.6 |
Total | 100.0 |
(a) | Rounds to zero. |
(b) | Includes investments in Money Market Funds. |
10 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Thermostat FundSM (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2022) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life of Fund | ||
Class A | Excluding sales charges | 03/03/03 | -12.41 | -12.21 | 7.08 | 6.36 | 6.95 |
Including sales charges | -17.46 | -17.26 | 5.82 | 5.73 | 6.63 | ||
Advisor Class | 11/08/12 | -12.32 | -12.03 | 7.34 | 6.62 | 7.22 | |
Class C | Excluding sales charges | 03/03/03 | -12.73 | -12.85 | 6.29 | 5.57 | 6.16 |
Including sales charges | -13.59 | -13.62 | 6.29 | 5.57 | 6.16 | ||
Institutional Class | 09/25/02 | -12.29 | -12.00 | 7.35 | 6.63 | 7.23 | |
Institutional 2 Class | 11/08/12 | -12.30 | -11.97 | 7.40 | 6.66 | 7.24 | |
Institutional 3 Class | 11/08/12 | -12.27 | -11.96 | 7.44 | 6.70 | 7.26 | |
Blended Benchmark | -15.15 | -10.20 | 6.33 | 7.36 | - | ||
S&P 500® Index | -19.96 | -10.62 | 11.31 | 12.96 | - | ||
Bloomberg U.S. Aggregate Bond Index | -10.35 | -10.29 | 0.88 | 1.54 | - |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 11 |
Columbia Thermostat FundSM (Unaudited)
Portfolio breakdown (%) (at June 30, 2022) | |
Equity Funds | 26.6 |
Exchange-Traded Equity Funds | 3.0 |
Exchange-Traded Fixed Income Funds | 7.0 |
Fixed Income Funds | 63.2 |
Money Market Funds | 0.2 |
Total | 100.0 |
12 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn European FundSM (Unaudited)
Average annual total returns (%) (for the period ended June 30, 2022) | |||||||
Inception | 6 Months cumulative | 1 Year | 5 Years | 10 Years | Life of Fund | ||
Class A | Excluding sales charges | 08/19/11 | -39.15 | -33.67 | 3.74 | 7.54 | 7.49 |
Including sales charges | -42.65 | -37.49 | 2.52 | 6.91 | 6.91 | ||
Advisor Class | 06/25/14 | -39.07 | -33.50 | 3.99 | 7.82 | 7.77 | |
Class C | Excluding sales charges | 08/19/11 | -39.41 | -34.18 | 2.95 | 6.74 | 6.69 |
Including sales charges | -40.02 | -34.84 | 2.95 | 6.74 | 6.69 | ||
Institutional Class | 08/19/11 | -39.09 | -33.52 | 3.98 | 7.80 | 7.76 | |
Institutional 2 Class | 11/08/12 | -39.06 | -33.46 | 4.07 | 7.85 | 7.80 | |
Institutional 3 Class | 03/01/17 | -39.07 | -33.47 | 4.07 | 7.85 | 7.80 | |
MSCI AC Europe Small Cap Index (Net) | -29.45 | -27.62 | 1.53 | 7.99 | - |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 13 |
Columbia Acorn European FundSM (Unaudited)
Equity sector breakdown (%) (at June 30, 2022) | |
Communication Services | 6.4 |
Consumer Discretionary | 3.0 |
Consumer Staples | 4.6 |
Financials | 6.0 |
Health Care | 19.2 |
Industrials | 34.2 |
Information Technology | 22.2 |
Materials | 2.5 |
Real Estate | 1.9 |
Total | 100.0 |
Country breakdown (%) (at June 30, 2022) | |
Austria | 1.4 |
Denmark | 5.9 |
Finland | 2.5 |
France | 1.4 |
Germany | 10.7 |
Italy | 10.3 |
Netherlands | 5.9 |
Russian Federation | 0.0(a) |
Spain | 2.2 |
Sweden | 16.5 |
Switzerland | 8.8 |
United Kingdom | 29.4 |
United States(b) | 5.0 |
Total | 100.0 |
(a) | Rounds to zero. |
(b) | Includes investments in Money Market Funds. |
14 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
(Unaudited)
January 1, 2022 — June 30, 2022 | |||||||
Account value at the beginning of the period ($) | Account value at the end of the period ($) | Expenses paid during the period ($) | Fund’s annualized expense ratio (%) | ||||
Actual | Hypothetical | Actual | Hypothetical | Actual | Hypothetical | Actual | |
Columbia Acorn® Fund | |||||||
Class A | 1,000.00 | 1,000.00 | 629.90 | 1,019.34 | 4.45 | 5.51 | 1.10 |
Advisor Class | 1,000.00 | 1,000.00 | 630.80 | 1,020.58 | 3.44 | 4.26 | 0.85 |
Class C | 1,000.00 | 1,000.00 | 627.80 | 1,015.62 | 7.47 | 9.25 | 1.85 |
Institutional Class | 1,000.00 | 1,000.00 | 630.50 | 1,020.58 | 3.44 | 4.26 | 0.85 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 630.30 | 1,020.73 | 3.31 | 4.11 | 0.82 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 630.70 | 1,020.93 | 3.15 | 3.91 | 0.78 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 15 |
(Unaudited)
January 1, 2022 — June 30, 2022 | |||||||
Account value at the beginning of the period ($) | 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 | 638.90 | 1,018.70 | 5.00 | 6.16 | 1.23 |
Advisor Class | 1,000.00 | 1,000.00 | 639.80 | 1,019.93 | 3.98 | 4.91 | 0.98 |
Class C | 1,000.00 | 1,000.00 | 636.40 | 1,014.98 | 8.03 | 9.89 | 1.98 |
Institutional Class | 1,000.00 | 1,000.00 | 639.60 | 1,019.93 | 3.98 | 4.91 | 0.98 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 639.90 | 1,020.23 | 3.74 | 4.61 | 0.92 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 640.20 | 1,020.43 | 3.58 | 4.41 | 0.88 |
Class R | 1,000.00 | 1,000.00 | 638.00 | 1,017.46 | 6.01 | 7.40 | 1.48 |
Columbia Acorn USA® | |||||||
Class A | 1,000.00 | 1,000.00 | 633.00 | 1,018.30 | 5.30 | 6.56 | 1.31 |
Advisor Class | 1,000.00 | 1,000.00 | 634.70 | 1,019.54 | 4.30 | 5.31 | 1.06 |
Class C | 1,000.00 | 1,000.00 | 631.30 | 1,014.53 | 8.37 | 10.34 | 2.07 |
Institutional Class | 1,000.00 | 1,000.00 | 634.50 | 1,019.54 | 4.30 | 5.31 | 1.06 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 634.80 | 1,019.84 | 4.05 | 5.01 | 1.00 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 634.10 | 1,019.89 | 4.01 | 4.96 | 0.99 |
Columbia Acorn International SelectSM | |||||||
Class A | 1,000.00 | 1,000.00 | 638.80 | 1,018.65 | 5.04 | 6.21 | 1.24 |
Advisor Class | 1,000.00 | 1,000.00 | 639.40 | 1,019.89 | 4.02 | 4.96 | 0.99 |
Class C | 1,000.00 | 1,000.00 | 636.30 | 1,014.93 | 8.07 | 9.94 | 1.99 |
Institutional Class | 1,000.00 | 1,000.00 | 639.30 | 1,019.89 | 4.02 | 4.96 | 0.99 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 639.70 | 1,020.38 | 3.62 | 4.46 | 0.89 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 639.80 | 1,020.63 | 3.42 | 4.21 | 0.84 |
Columbia Acorn European FundSM | |||||||
Class A | 1,000.00 | 1,000.00 | 608.50 | 1,017.60 | 5.78 | 7.25 | 1.45 |
Advisor Class | 1,000.00 | 1,000.00 | 609.30 | 1,018.84 | 4.79 | 6.01 | 1.20 |
Class C | 1,000.00 | 1,000.00 | 605.90 | 1,013.88 | 8.76 | 10.99 | 2.20 |
Institutional Class | 1,000.00 | 1,000.00 | 609.10 | 1,018.84 | 4.79 | 6.01 | 1.20 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 609.40 | 1,019.14 | 4.55 | 5.71 | 1.14 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 609.30 | 1,019.29 | 4.43 | 5.56 | 1.11 |
January 1, 2022 — June 30, 2022 | ||||||||||
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 | 875.90 | 1,022.32 | 2.33 | 2.51 | 0.50 | 3.95 | 4.26 | 0.85 |
Advisor Class | 1,000.00 | 1,000.00 | 876.80 | 1,023.55 | 1.16 | 1.25 | 0.25 | 2.79 | 3.01 | 0.60 |
Class C | 1,000.00 | 1,000.00 | 872.70 | 1,018.60 | 5.80 | 6.26 | 1.25 | 7.43 | 8.01 | 1.60 |
Institutional Class | 1,000.00 | 1,000.00 | 877.10 | 1,023.55 | 1.16 | 1.25 | 0.25 | 2.79 | 3.01 | 0.60 |
Institutional 2 Class | 1,000.00 | 1,000.00 | 877.00 | 1,023.80 | 0.93 | 1.00 | 0.20 | 2.56 | 2.76 | 0.55 |
Institutional 3 Class | 1,000.00 | 1,000.00 | 877.30 | 1,024.00 | 0.74 | 0.80 | 0.16 | 2.37 | 2.56 | 0.51 |
16 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
(Unaudited)
Columbia Acorn Family of Funds | Semiannual Report 2022 | 17 |
Columbia Acorn® Fund, June 30, 2022 (Unaudited)
Common Stocks 96.8% | ||
Issuer | Shares | Value ($) |
Communication Services 2.5% | ||
Entertainment 2.5% | ||
Roblox Corp., Class A(a) | 482,393 | 15,851,434 |
Take-Two Interactive Software, Inc.(a) | 410,394 | 50,285,577 |
Total | 66,137,011 | |
Total Communication Services | 66,137,011 | |
Consumer Discretionary 15.7% | ||
Auto Components 1.2% | ||
Dorman Products, Inc.(a) | 291,841 | 32,017,876 |
Diversified Consumer Services 2.3% | ||
Bright Horizons Family Solutions, Inc.(a) | 320,479 | 27,086,885 |
Chegg, Inc.(a) | 1,795,721 | 33,723,641 |
Total | 60,810,526 | |
Hotels, Restaurants & Leisure 5.9% | ||
Churchill Downs, Inc. | 227,000 | 43,477,310 |
Planet Fitness, Inc., Class A(a) | 842,316 | 57,285,911 |
Wingstop, Inc. | 775,043 | 57,949,965 |
Total | 158,713,186 | |
Household Durables 2.1% | ||
Skyline Champion Corp.(a) | 1,206,073 | 57,191,982 |
Internet & Direct Marketing Retail 0.8% | ||
Etsy, Inc.(a) | 289,792 | 21,215,672 |
Specialty Retail 3.4% | ||
Five Below, Inc.(a) | 382,265 | 43,360,319 |
Floor & Decor Holdings, Inc.(a) | 277,987 | 17,502,061 |
Williams-Sonoma, Inc. | 264,009 | 29,291,799 |
Total | 90,154,179 | |
Total Consumer Discretionary | 420,103,421 | |
Consumer Staples 3.2% | ||
Food & Staples Retailing 1.4% | ||
BJ’s Wholesale Club Holdings, Inc.(a) | 613,202 | 38,214,748 |
Household Products 1.8% | ||
WD-40 Co. | 231,394 | 46,593,496 |
Total Consumer Staples | 84,808,244 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Energy 2.8% | ||
Oil, Gas & Consumable Fuels 2.8% | ||
Antero Resources Corp.(a) | 351,543 | 10,774,793 |
Devon Energy Corp. | 580,755 | 32,005,408 |
Diamondback Energy, Inc. | 257,680 | 31,217,932 |
Total | 73,998,133 | |
Total Energy | 73,998,133 | |
Financials 4.4% | ||
Banks 1.1% | ||
Lakeland Financial Corp. | 458,009 | 30,420,958 |
Capital Markets 2.8% | ||
Ares Management Corp., Class A | 522,274 | 29,696,500 |
GCM Grosvenor, Inc., Class A(b) | 3,261,587 | 22,341,871 |
Houlihan Lokey, Inc., Class A | 280,792 | 22,162,912 |
Total | 74,201,283 | |
Insurance 0.5% | ||
Ryan Specialty Holdings, Inc., Class A(a) | 320,538 | 12,561,884 |
Total Financials | 117,184,125 | |
Health Care 19.2% | ||
Biotechnology 3.3% | ||
Argenx SE, ADR(a) | 54,384 | 20,605,010 |
Insmed, Inc.(a) | 842,546 | 16,615,007 |
Intellia Therapeutics, Inc.(a) | 183,000 | 9,472,080 |
Iovance Biotherapeutics, Inc.(a) | 650,700 | 7,183,728 |
Natera, Inc.(a) | 942,484 | 33,401,633 |
Total | 87,277,458 | |
Health Care Equipment & Supplies 2.8% | ||
Axonics, Inc.(a) | 403,984 | 22,893,773 |
Insulet Corp.(a) | 242,420 | 52,833,015 |
Total | 75,726,788 | |
Health Care Providers & Services 4.1% | ||
Amedisys, Inc.(a) | 394,573 | 41,477,514 |
Chemed Corp. | 125,322 | 58,824,894 |
P3 Health Partners, Inc., Class A(a),(b) | 2,500,000 | 9,300,000 |
Total | 109,602,408 |
18 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn® Fund, June 30, 2022 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Health Care Technology 2.1% | ||
Doximity, Inc., Class A(a),(c) | 1,182,046 | 41,158,842 |
Inspire Medical Systems, Inc.(a) | 82,250 | 15,024,607 |
Total | 56,183,449 | |
Life Sciences Tools & Services 5.1% | ||
Bio-Techne Corp. | 203,726 | 70,619,581 |
Repligen Corp.(a) | 401,854 | 65,261,089 |
Total | 135,880,670 | |
Pharmaceuticals 1.8% | ||
Catalent, Inc.(a) | 452,972 | 48,599,366 |
Total Health Care | 513,270,139 | |
Industrials 19.0% | ||
Commercial Services & Supplies 1.7% | ||
Rollins, Inc. | 1,320,165 | 46,100,162 |
Electrical Equipment 4.1% | ||
AMETEK, Inc. | 469,506 | 51,594,015 |
Atkore, Inc.(a) | 257,702 | 21,391,843 |
Generac Holdings, Inc.(a) | 177,266 | 37,328,674 |
Total | 110,314,532 | |
Machinery 5.9% | ||
Ingersoll Rand, Inc. | 1,091,746 | 45,940,672 |
Kornit Digital Ltd.(a) | 650,689 | 20,626,841 |
Middleby Corp. (The)(a) | 269,593 | 33,796,179 |
SPX Corp.(a) | 1,063,342 | 56,186,991 |
Total | 156,550,683 | |
Professional Services 5.2% | ||
Booz Allen Hamilton Holdings Corp. | 485,198 | 43,842,491 |
CoStar Group, Inc.(a) | 1,050,573 | 63,465,115 |
ICF International, Inc. | 330,012 | 31,351,140 |
Total | 138,658,746 | |
Trading Companies & Distributors 2.1% | ||
SiteOne Landscape Supply, Inc.(a) | 473,575 | 56,293,860 |
Total Industrials | 507,917,983 | |
Information Technology 24.3% | ||
Electronic Equipment, Instruments & Components 2.1% | ||
CDW Corp. | 349,215 | 55,022,315 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
IT Services 4.0% | ||
DigitalOcean Holdings, Inc.(a),(c) | 507,641 | 20,996,032 |
Endava PLC, ADR(a) | 227,592 | 20,089,546 |
MongoDB, Inc.(a) | 149,698 | 38,846,631 |
VeriSign, Inc.(a) | 164,958 | 27,602,422 |
Total | 107,534,631 | |
Semiconductors & Semiconductor Equipment 3.8% | ||
Enphase Energy, Inc.(a) | 208,839 | 40,773,726 |
Marvell Technology, Inc. | 332,633 | 14,479,515 |
Teradyne, Inc. | 510,845 | 45,746,170 |
Total | 100,999,411 | |
Software 14.4% | ||
Avalara, Inc.(a) | 496,000 | 35,017,600 |
Bill.com Holdings, Inc.(a) | 417,798 | 45,932,712 |
Cadence Design Systems, Inc.(a) | 244,059 | 36,616,172 |
Crowdstrike Holdings, Inc., Class A(a) | 160,656 | 27,080,175 |
Five9, Inc.(a) | 419,315 | 38,216,369 |
HubSpot, Inc.(a) | 178,251 | 53,591,163 |
Paycom Software, Inc.(a) | 207,487 | 58,121,259 |
Trade Desk, Inc. (The), Class A(a) | 791,541 | 33,157,653 |
Workiva, Inc., Class A(a) | 417,759 | 27,567,916 |
Zscaler, Inc.(a) | 202,044 | 30,207,598 |
Total | 385,508,617 | |
Total Information Technology | 649,064,974 | |
Materials 2.6% | ||
Chemicals 2.6% | ||
Albemarle Corp. | 194,243 | 40,592,902 |
Avient Corp. | 750,897 | 30,095,952 |
Total | 70,688,854 | |
Total Materials | 70,688,854 | |
Real Estate 3.1% | ||
Real Estate Management & Development 3.1% | ||
Colliers International Group, Inc.(c) | 517,006 | 56,720,728 |
FirstService Corp. | 209,311 | 25,368,493 |
Total | 82,089,221 | |
Total Real Estate | 82,089,221 | |
Total Common Stocks (Cost $2,913,922,638) | 2,585,262,105 | |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 19 |
Columbia Acorn® Fund, June 30, 2022 (Unaudited)
Securities Lending Collateral 2.3% | ||
Issuer | Shares | Value ($) |
Dreyfus Government Cash Management Fund, Institutional Shares, 1.351%(d),(e) | 60,229,300 | 60,229,300 |
Total Securities Lending Collateral (Cost $60,229,300) | 60,229,300 | |
Money Market Funds 2.8% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 1.247%(b),(d) | 75,200,601 | 75,155,480 |
Total Money Market Funds (Cost $75,147,940) | 75,155,480 | |
Total Investments in Securities (Cost: $3,049,299,878) | 2,720,646,885 | |
Obligation to Return Collateral for Securities Loaned | (60,229,300) | |
Other Assets & Liabilities, Net | 9,798,213 | |
Net Assets | 2,670,215,798 |
(a) | Non-income producing investment. |
(b) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2022 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 1.247% | ||||||||
81,660,901 | 579,976,089 | (586,488,372) | 6,862 | 75,155,480 | (23,276) | 167,935 | 75,200,601 | |
GCM Grosvenor, Inc., Class A | ||||||||
23,373,000 | 8,782,055 | — | (9,813,184) | 22,341,871 | — | 548,759 | 3,261,587 | |
P3 Health Partners, Inc.‡ | ||||||||
— | — | — | (15,700,000) | 9,300,000 | — | — | 2,500,000 | |
Total | 105,033,901 | (25,506,322) | 106,797,351 | (23,276) | 716,694 |
‡ | Issuer was not an affiliate at the beginning of period. |
(c) | All or a portion of this security was on loan at June 30, 2022. The total market value of securities on loan at June 30, 2022 was $57,494,370. |
(d) | The rate shown is the seven-day current annualized yield at June 30, 2022. |
(e) | Investment made with cash collateral received from securities lending activity. |
ADR | American Depositary Receipt |
■ | Level 1 – quoted prices in active markets for identical securities |
■ | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
20 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn® Fund, June 30, 2022 (Unaudited)
■ | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
Level 1 ($) | Level 2 ($) | Level 3 ($) | Total ($) | |
Investments in Securities | ||||
Common Stocks | ||||
Communication Services | 66,137,011 | — | — | 66,137,011 |
Consumer Discretionary | 420,103,421 | — | — | 420,103,421 |
Consumer Staples | 84,808,244 | — | — | 84,808,244 |
Energy | 73,998,133 | — | — | 73,998,133 |
Financials | 117,184,125 | — | — | 117,184,125 |
Health Care | 513,270,139 | — | — | 513,270,139 |
Industrials | 507,917,983 | — | — | 507,917,983 |
Information Technology | 649,064,974 | — | — | 649,064,974 |
Materials | 70,688,854 | — | — | 70,688,854 |
Real Estate | 82,089,221 | — | — | 82,089,221 |
Total Common Stocks | 2,585,262,105 | — | — | 2,585,262,105 |
Securities Lending Collateral | 60,229,300 | — | — | 60,229,300 |
Money Market Funds | 75,155,480 | — | — | 75,155,480 |
Total Investments in Securities | 2,720,646,885 | — | — | 2,720,646,885 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 21 |
Columbia Acorn International®, June 30, 2022 (Unaudited)
Common Stocks 97.8% | ||
Issuer | Shares | Value ($) |
Australia 5.7% | ||
Bapcor Ltd. | 6,307,769 | 26,510,320 |
carsales.com Ltd. | 973,046 | 12,367,301 |
IDP Education Ltd. | 1,459,389 | 23,897,684 |
Johns Lyng Group Ltd. | 2,570,021 | 10,175,359 |
Pro Medicus Ltd. | 284,776 | 8,322,194 |
Total | 81,272,858 | |
Austria 1.2% | ||
Kontron AG(a) | 1,130,860 | 16,744,295 |
Brazil 2.1% | ||
Hapvida Participacoes e Investimentos SA | 10,245,494 | 10,689,009 |
TOTVS SA | 4,382,984 | 19,521,990 |
Total | 30,210,999 | |
Canada 2.5% | ||
Altus Group Ltd.(a) | 456,750 | 15,822,314 |
Osisko Gold Royalties Ltd. | 2,002,174 | 20,189,729 |
Total | 36,012,043 | |
China 2.4% | ||
Shenzhou International Group Holdings Ltd. | 836,700 | 10,212,434 |
Silergy Corp. | 296,000 | 23,934,375 |
Total | 34,146,809 | |
Denmark 3.7% | ||
ALK-Abello A/S(b) | 1,621,558 | 28,249,167 |
Netcompany Group AS(b) | 136,840 | 7,538,753 |
SimCorp AS | 226,249 | 16,539,408 |
Total | 52,327,328 | |
Finland 1.6% | ||
Valmet OYJ | 941,026 | 23,190,016 |
France 0.8% | ||
Robertet SA | 11,937 | 10,603,606 |
Germany 5.1% | ||
Eckert & Ziegler Strahlen- und Medizintechnik AG | 257,068 | 9,879,890 |
Hypoport SE(b) | 80,017 | 15,959,351 |
Jenoptik AG | 1,043,172 | 23,464,484 |
Nemetschek SE | 290,967 | 17,701,465 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Secunet Security Networks AG | 19,401 | 5,798,627 |
Total | 72,803,817 | |
India 1.5% | ||
Balkrishna Industries Ltd. | 547,228 | 14,962,480 |
ICICI Prudential Life Insurance Co., Ltd. | 1,078,694 | 6,702,496 |
Total | 21,664,976 | |
Italy 3.9% | ||
Amplifon SpA | 732,677 | 22,525,838 |
Carel Industries SpA | 329,818 | 6,560,704 |
GVS SpA(b) | 1,127,028 | 9,214,427 |
Nexi SpA(b) | 2,088,223 | 17,341,531 |
Total | 55,642,500 | |
Japan 17.2% | ||
Aruhi Corp. | 1,702,500 | 12,731,911 |
CyberAgent, Inc. | 1,847,900 | 18,513,266 |
Daifuku Co., Ltd. | 401,200 | 22,960,779 |
Daiseki Co., Ltd. | 982,819 | 30,680,615 |
Disco Corp. | 78,200 | 18,608,616 |
Fuso Chemical Co., Ltd. | 494,400 | 12,953,802 |
Hikari Tsushin, Inc. | 274,728 | 28,242,547 |
Hoshizaki Corp. | 679,600 | 20,256,103 |
NSD Co., Ltd. | 555,300 | 9,700,264 |
Obic Co., Ltd. | 131,400 | 18,685,899 |
Seiren Co., Ltd. | 327,700 | 4,886,871 |
Sekisui Chemical Co., Ltd. | 1,126,100 | 15,438,816 |
Simplex Holdings, Inc. | 1,298,300 | 16,733,590 |
Solasto Corp. | 1,944,000 | 10,480,736 |
Valqua Ltd. | 130,000 | 2,450,380 |
Total | 243,324,195 | |
Mexico 1.6% | ||
Corporación Inmobiliaria Vesta SAB de CV | 12,347,824 | 23,026,102 |
Netherlands 3.7% | ||
Argenx SE, ADR(b) | 37,990 | 14,393,651 |
BE Semiconductor Industries NV | 176,369 | 8,427,653 |
IMCD NV | 211,873 | 28,970,356 |
Total | 51,791,660 |
22 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn International®, June 30, 2022 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
New Zealand 1.4% | ||
Fisher & Paykel Healthcare Corp., Ltd. | 1,626,544 | 20,262,995 |
Singapore 0.6% | ||
Mapletree Logistics Trust | 7,216,544 | 8,733,151 |
South Korea 2.6% | ||
Koh Young Technology, Inc. | 1,138,345 | 12,433,774 |
Korea Investment Holdings Co., Ltd. | 498,995 | 23,786,536 |
Total | 36,220,310 | |
Spain 1.2% | ||
Befesa SA | 188,017 | 9,164,546 |
Vidrala SA | 97,767 | 7,102,003 |
Total | 16,266,549 | |
Sweden 8.2% | ||
AddTech AB, B Shares | 1,652,976 | 21,629,987 |
Dometic Group AB | 2,125,342 | 12,537,322 |
Hexagon AB, Class B | 3,646,189 | 38,099,229 |
Munters Group AB | 3,087,087 | 17,995,549 |
Sectra AB, Class B(b) | 1,290,353 | 17,349,424 |
Sweco AB, Class B | 823,197 | 8,579,656 |
Total | 116,191,167 | |
Switzerland 3.8% | ||
Belimo Holding AG, Registered Shares | 80,986 | 28,513,479 |
Inficon Holding AG | 18,222 | 14,366,614 |
Montana Aerospace AG(b),(c) | 688,044 | 10,641,165 |
Total | 53,521,258 | |
Taiwan 6.0% | ||
Parade Technologies Ltd. | 743,000 | 28,925,484 |
Sinbon Electronics Co., Ltd. | 2,351,000 | 20,140,724 |
Universal Vision Biotechnology Co., Ltd. | 1,091,000 | 10,469,070 |
Voltronic Power Technology Corp. | 536,408 | 26,021,427 |
Total | 85,556,705 | |
United Kingdom 17.5% | ||
Abcam PLC(b) | 1,153,977 | 16,585,768 |
Auto Trader Group PLC | 3,196,522 | 21,648,615 |
Dechra Pharmaceuticals PLC | 845,729 | 35,660,425 |
Diploma PLC | 807,269 | 21,985,640 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Genus PLC | 526,567 | 16,076,029 |
Halma PLC | 613,431 | 15,061,046 |
Intermediate Capital Group PLC | 2,528,922 | 40,431,297 |
Rentokil Initial PLC | 2,605,743 | 15,105,389 |
Rightmove PLC | 5,392,264 | 37,367,510 |
Safestore Holdings PLC | 764,730 | 9,902,121 |
Spirax-Sarco Engineering PLC | 149,184 | 17,992,884 |
Total | 247,816,724 | |
United States 2.1% | ||
Inter Parfums, Inc. | 413,927 | 30,241,507 |
Vietnam 1.4% | ||
Asia Commercial Bank JSC(b) | 9,760,665 | 10,083,838 |
FPT Corp. | 2,514,240 | 9,326,538 |
Total | 19,410,376 | |
Total Common Stocks (Cost $1,328,461,697) | 1,386,981,946 | |
Securities Lending Collateral 1.4% | ||
Dreyfus Government Cash Management Fund, Institutional Shares, 1.351%(d),(e) | 19,430,317 | 19,430,317 |
Total Securities Lending Collateral (Cost $19,430,317) | 19,430,317 | |
Money Market Funds 1.6% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 1.247%(d),(f) | 22,377,749 | 22,364,323 |
Total Money Market Funds (Cost $22,362,847) | 22,364,323 | |
Total Investments in Securities (Cost $1,370,254,861) | 1,428,776,586 | |
Obligation to Return Collateral for Securities Loaned | (19,430,317) | |
Other Assets & Liabilities, Net | 7,906,657 | |
Net Assets | $1,417,252,926 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 23 |
Columbia Acorn International®, June 30, 2022 (Unaudited)
Long futures contracts | ||||||
Description | Number of contracts | Expiration date | Trading currency | Notional amount | Value/Unrealized appreciation ($) | Value/Unrealized depreciation ($) |
MSCI Emerging Markets Index | 278 | 09/2022 | USD | 13,937,530 | — | (70,918) |
(a) | All or a portion of this security was on loan at June 30, 2022. The total market value of securities on loan at June 30, 2022 was $18,535,548. |
(b) | Non-income producing investment. |
(c) | Represents privately placed and other securities and instruments exempt from Securities and Exchange Commission registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only to qualified institutional buyers. At June 30, 2022, the total value of these securities amounted to $10,641,165, which represents 0.75% of total net assets. |
(d) | The rate shown is the seven-day current annualized yield at June 30, 2022. |
(e) | Investment made with cash collateral received from securities lending activity. |
(f) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2022 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 1.247% | ||||||||
22,664,312 | 212,005,231 | (212,306,696) | 1,476 | 22,364,323 | (7,623) | 71,329 | 22,377,749 |
ADR | American 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) |
24 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn International®, June 30, 2022 (Unaudited)
The following table is a summary of the inputs used to value the Fund’s investments at June 30, 2022:
Level 1 ($) | Level 2 ($) | Level 3 ($) | Total ($) | |
Investments in Securities | ||||
Common Stocks | ||||
Australia | — | 81,272,858 | — | 81,272,858 |
Austria | — | 16,744,295 | — | 16,744,295 |
Brazil | 30,210,999 | — | — | 30,210,999 |
Canada | 36,012,043 | — | — | 36,012,043 |
China | — | 34,146,809 | — | 34,146,809 |
Denmark | — | 52,327,328 | — | 52,327,328 |
Finland | — | 23,190,016 | — | 23,190,016 |
France | — | 10,603,606 | — | 10,603,606 |
Germany | — | 72,803,817 | — | 72,803,817 |
India | — | 21,664,976 | — | 21,664,976 |
Italy | — | 55,642,500 | — | 55,642,500 |
Japan | — | 243,324,195 | — | 243,324,195 |
Mexico | 23,026,102 | — | — | 23,026,102 |
Netherlands | 14,393,651 | 37,398,009 | — | 51,791,660 |
New Zealand | — | 20,262,995 | — | 20,262,995 |
Singapore | — | 8,733,151 | — | 8,733,151 |
South Korea | — | 36,220,310 | — | 36,220,310 |
Spain | — | 16,266,549 | — | 16,266,549 |
Sweden | — | 116,191,167 | — | 116,191,167 |
Switzerland | — | 53,521,258 | — | 53,521,258 |
Taiwan | — | 85,556,705 | — | 85,556,705 |
United Kingdom | — | 247,816,724 | — | 247,816,724 |
United States | 30,241,507 | — | — | 30,241,507 |
Vietnam | — | 19,410,376 | — | 19,410,376 |
Total Common Stocks | 133,884,302 | 1,253,097,644 | — | 1,386,981,946 |
Securities Lending Collateral | 19,430,317 | — | — | 19,430,317 |
Money Market Funds | 22,364,323 | — | — | 22,364,323 |
Total Investments in Securities | 175,678,942 | 1,253,097,644 | — | 1,428,776,586 |
Investments in Derivatives | ||||
Liability | ||||
Futures Contracts | (70,918) | — | — | (70,918) |
Total | 175,608,024 | 1,253,097,644 | — | 1,428,705,668 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 25 |
Columbia Acorn USA®, June 30, 2022 (Unaudited)
Common Stocks 96.5% | ||
Issuer | Shares | Value ($) |
Communication Services 2.4% | ||
Entertainment 2.4% | ||
Roblox Corp., Class A(a) | 26,792 | 880,385 |
Take-Two Interactive Software, Inc.(a) | 24,011 | 2,942,068 |
Total | 3,822,453 | |
Total Communication Services | 3,822,453 | |
Consumer Discretionary 15.7% | ||
Auto Components 1.2% | ||
Dorman Products, Inc.(a) | 16,979 | 1,862,766 |
Diversified Consumer Services 2.3% | ||
Bright Horizons Family Solutions, Inc.(a) | 18,644 | 1,575,791 |
Chegg, Inc.(a) | 107,288 | 2,014,869 |
Total | 3,590,660 | |
Hotels, Restaurants & Leisure 5.9% | ||
Churchill Downs, Inc. | 13,432 | 2,572,631 |
Planet Fitness, Inc., Class A(a) | 50,326 | 3,422,671 |
Wingstop, Inc. | 46,306 | 3,462,300 |
Total | 9,457,602 | |
Household Durables 2.1% | ||
Skyline Champion Corp.(a) | 71,627 | 3,396,552 |
Internet & Direct Marketing Retail 0.8% | ||
Etsy, Inc.(a) | 17,320 | 1,267,997 |
Specialty Retail 3.4% | ||
Five Below, Inc.(a) | 22,664 | 2,570,777 |
Floor & Decor Holdings, Inc.(a) | 16,586 | 1,044,255 |
Williams-Sonoma, Inc. | 15,483 | 1,717,839 |
Total | 5,332,871 | |
Total Consumer Discretionary | 24,908,448 | |
Consumer Staples 3.1% | ||
Food & Staples Retailing 1.4% | ||
BJ’s Wholesale Club Holdings, Inc.(a) | 36,109 | 2,250,313 |
Household Products 1.7% | ||
WD-40 Co. | 13,715 | 2,761,652 |
Total Consumer Staples | 5,011,965 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Energy 2.8% | ||
Oil, Gas & Consumable Fuels 2.8% | ||
Antero Resources Corp.(a) | 20,992 | 643,405 |
Devon Energy Corp. | 34,759 | 1,915,568 |
Diamondback Energy, Inc. | 15,386 | 1,864,014 |
Total | 4,422,987 | |
Total Energy | 4,422,987 | |
Financials 4.4% | ||
Banks 1.1% | ||
Lakeland Financial Corp. | 27,365 | 1,817,583 |
Capital Markets 2.8% | ||
Ares Management Corp., Class A | 31,204 | 1,774,259 |
GCM Grosvenor, Inc., Class A | 191,300 | 1,310,405 |
Houlihan Lokey, Inc., Class A | 16,235 | 1,281,429 |
Total | 4,366,093 | |
Insurance 0.5% | ||
Ryan Specialty Holdings, Inc., Class A(a) | 19,151 | 750,528 |
Total Financials | 6,934,204 | |
Health Care 19.4% | ||
Biotechnology 3.2% | ||
Argenx SE, ADR(a) | 3,244 | 1,229,087 |
Insmed, Inc.(a) | 47,803 | 942,675 |
Intellia Therapeutics, Inc.(a) | 9,809 | 507,714 |
Iovance Biotherapeutics, Inc.(a) | 34,923 | 385,550 |
Natera, Inc.(a) | 56,270 | 1,994,209 |
Total | 5,059,235 | |
Health Care Equipment & Supplies 2.8% | ||
Axonics, Inc.(a) | 22,966 | 1,301,483 |
Insulet Corp.(a) | 14,437 | 3,146,400 |
Total | 4,447,883 | |
Health Care Providers & Services 4.1% | ||
Amedisys, Inc.(a) | 23,557 | 2,476,312 |
Chemed Corp. | 7,488 | 3,514,792 |
P3 Health Partners, Inc., Class A(a),(b) | 151,269 | 562,721 |
Total | 6,553,825 |
26 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn USA®, June 30, 2022 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Health Care Technology 2.1% | ||
Doximity, Inc., Class A(a),(b) | 69,566 | 2,422,288 |
Inspire Medical Systems, Inc.(a) | 4,573 | 835,350 |
Total | 3,257,638 | |
Life Sciences Tools & Services 5.4% | ||
Bio-Techne Corp. | 12,164 | 4,216,529 |
DNA Script(a),(c),(d),(e) | 1,139 | 456,068 |
Repligen Corp.(a) | 24,010 | 3,899,224 |
Total | 8,571,821 | |
Pharmaceuticals 1.8% | ||
Catalent, Inc.(a) | 27,017 | 2,898,654 |
Total Health Care | 30,789,056 | |
Industrials 18.9% | ||
Commercial Services & Supplies 1.7% | ||
Rollins, Inc. | 78,161 | 2,729,382 |
Electrical Equipment 4.1% | ||
AMETEK, Inc. | 28,051 | 3,082,525 |
Atkore, Inc.(a) | 15,113 | 1,254,530 |
Generac Holdings, Inc.(a) | 10,421 | 2,194,454 |
Total | 6,531,509 | |
Machinery 5.8% | ||
Ingersoll Rand, Inc. | 64,504 | 2,714,328 |
Kornit Digital Ltd.(a) | 38,217 | 1,211,479 |
Middleby Corp. (The)(a) | 16,113 | 2,019,926 |
SPX Corp.(a) | 62,942 | 3,325,855 |
Total | 9,271,588 | |
Professional Services 5.2% | ||
Booz Allen Hamilton Holdings Corp. | 28,998 | 2,620,259 |
CoStar Group, Inc.(a) | 62,652 | 3,784,808 |
ICF International, Inc. | 19,313 | 1,834,735 |
Total | 8,239,802 | |
Trading Companies & Distributors 2.1% | ||
SiteOne Landscape Supply, Inc.(a) | 28,328 | 3,367,349 |
Total Industrials | 30,139,630 | |
Information Technology 24.1% | ||
Electronic Equipment, Instruments & Components 2.0% | ||
CDW Corp. | 20,826 | 3,281,345 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
IT Services 4.0% | ||
DigitalOcean Holdings, Inc.(a),(b) | 29,042 | 1,201,177 |
Endava PLC, ADR(a) | 13,172 | 1,162,692 |
MongoDB, Inc.(a) | 8,947 | 2,321,747 |
VeriSign, Inc.(a) | 9,852 | 1,648,535 |
Total | 6,334,151 | |
Semiconductors & Semiconductor Equipment 3.8% | ||
Enphase Energy, Inc.(a) | 12,583 | 2,456,705 |
Marvell Technology, Inc. | 19,093 | 831,118 |
Teradyne, Inc. | 30,251 | 2,708,977 |
Total | 5,996,800 | |
Software 14.3% | ||
Avalara, Inc.(a) | 29,272 | 2,066,603 |
Bill.com Holdings, Inc.(a) | 24,673 | 2,712,550 |
Cadence Design Systems, Inc.(a) | 14,328 | 2,149,630 |
Crowdstrike Holdings, Inc., Class A(a) | 9,365 | 1,578,564 |
Five9, Inc.(a) | 24,647 | 2,246,327 |
HubSpot, Inc.(a) | 10,598 | 3,186,289 |
Paycom Software, Inc.(a) | 12,374 | 3,466,205 |
Trade Desk, Inc. (The), Class A(a) | 47,307 | 1,981,690 |
Workiva, Inc., Class A(a) | 24,431 | 1,612,202 |
Zscaler, Inc.(a) | 11,866 | 1,774,086 |
Total | 22,774,146 | |
Total Information Technology | 38,386,442 | |
Materials 2.6% | ||
Chemicals 2.6% | ||
Albemarle Corp. | 11,461 | 2,395,120 |
Avient Corp. | 44,036 | 1,764,963 |
Total | 4,160,083 | |
Total Materials | 4,160,083 | |
Real Estate 3.1% | ||
Real Estate Management & Development 3.1% | ||
Colliers International Group, Inc. | 30,889 | 3,388,832 |
FirstService Corp. | 12,141 | 1,471,489 |
Total | 4,860,321 | |
Total Real Estate | 4,860,321 | |
Total Common Stocks (Cost $173,864,765) | 153,435,589 | |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 27 |
Columbia Acorn USA®, June 30, 2022 (Unaudited)
Securities Lending Collateral 1.4% | ||
Issuer | Shares | Value ($) |
Dreyfus Government Cash Management Fund, Institutional Shares, 1.351%(f),(g) | 2,215,850 | 2,215,850 |
Total Securities Lending Collateral (Cost $2,215,850) | 2,215,850 | |
Money Market Funds 3.3% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 1.247%(f),(h) | 5,341,209 | 5,338,004 |
Total Money Market Funds (Cost $5,337,950) | 5,338,004 | |
Total Investments in Securities (Cost: $181,418,565) | 160,989,443 | |
Obligation to Return Collateral for Securities Loaned | (2,215,850) | |
Other Assets & Liabilities, Net | 291,568 | |
Net Assets | 159,065,161 |
(a) | Non-income producing investment. |
(b) | All or a portion of this security was on loan at June 30, 2022. The total market value of securities on loan at June 30, 2022 was $2,083,714. |
(c) | Represents fair value as determined in good faith under procedures approved by the Board of Trustees. At June 30, 2022, the total value of these securities amounted to $456,068, which represents 0.29% of total net assets. |
(d) | Denotes a restricted security, which is subject to legal or contractual restrictions on resale under federal securities laws. Disposal of a restricted investment may involve time-consuming negotiations and expenses, and prompt sale at an acceptable price may be difficult to achieve. Private placement securities are generally considered to be restricted, although certain of those securities may be traded between qualified institutional investors under the provisions of Section 4(a)(2) and Rule 144A. The Fund will not incur any registration costs upon such a trade. These securities are valued at fair value determined in good faith under consistently applied procedures established by the Fund’s Board of Trustees. At June 30, 2022, the total market value of these securities amounted to $456,068, which represents 0.29% of total net assets. Additional information on these securities is as follows: |
Security | Acquisition Dates | Shares | Cost ($) | Value ($) |
DNA Script | 10/01/2021 | 1,139 | 993,179 | 456,068 |
(e) | Valuation based on significant unobservable inputs. |
(f) | The rate shown is the seven-day current annualized yield at June 30, 2022. |
(g) | Investment made with cash collateral received from securities lending activity. |
(h) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2022 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 1.247% | ||||||||
8,759,126 | 56,054,822 | (59,476,000) | 56 | 5,338,004 | (1,711) | 12,228 | 5,341,209 |
ADR | American Depositary Receipt |
28 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn USA®, June 30, 2022 (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 | ||||
Communication Services | 3,822,453 | — | — | 3,822,453 |
Consumer Discretionary | 24,908,448 | — | — | 24,908,448 |
Consumer Staples | 5,011,965 | — | — | 5,011,965 |
Energy | 4,422,987 | — | — | 4,422,987 |
Financials | 6,934,204 | — | — | 6,934,204 |
Health Care | 30,332,988 | — | 456,068 | 30,789,056 |
Industrials | 30,139,630 | — | — | 30,139,630 |
Information Technology | 38,386,442 | — | — | 38,386,442 |
Materials | 4,160,083 | — | — | 4,160,083 |
Real Estate | 4,860,321 | — | — | 4,860,321 |
Total Common Stocks | 152,979,521 | — | 456,068 | 153,435,589 |
Securities Lending Collateral | 2,215,850 | — | — | 2,215,850 |
Money Market Funds | 5,338,004 | — | — | 5,338,004 |
Total Investments in Securities | 160,533,375 | — | 456,068 | 160,989,443 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 29 |
Columbia Acorn International SelectSM, June 30, 2022 (Unaudited)
Common Stocks 98.6% | ||
Issuer | Shares | Value ($) |
Australia 2.3% | ||
IDP Education Ltd. | 381,809 | 6,252,172 |
Brazil 3.0% | ||
TOTVS SA | 1,853,447 | 8,255,329 |
Canada 2.4% | ||
CCL Industries, Inc. | 135,696 | 6,413,723 |
China 7.6% | ||
NetEase, Inc., ADR | 76,511 | 7,143,067 |
Shenzhou International Group Holdings Ltd. | 632,800 | 7,723,710 |
Silergy Corp. | 72,000 | 5,821,875 |
Total | 20,688,652 | |
Denmark 4.2% | ||
ALK-Abello A/S(a) | 300,054 | 5,227,242 |
SimCorp AS | 82,399 | 6,023,588 |
Total | 11,250,830 | |
Finland 3.3% | ||
Valmet OYJ | 363,387 | 8,955,067 |
Germany 2.5% | ||
Nemetschek SE | 113,349 | 6,895,777 |
Italy 4.4% | ||
Amplifon SpA | 208,282 | 6,403,540 |
Nexi SpA(a) | 677,407 | 5,625,489 |
Total | 12,029,029 | |
Japan 13.2% | ||
Daifuku Co., Ltd. | 120,100 | 6,873,354 |
Disco Corp. | 21,100 | 5,020,995 |
Hikari Tsushin, Inc. | 52,200 | 5,366,256 |
Obic Co., Ltd. | 51,300 | 7,295,180 |
Recruit Holdings Co., Ltd. | 376,800 | 11,096,927 |
Total | 35,652,712 | |
Malta 0.0% | ||
BGP Holdings PLC(a),(b),(c) | 2,232,232 | 2 |
Netherlands 3.6% | ||
IMCD NV | 71,832 | 9,821,915 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
New Zealand 2.7% | ||
Fisher & Paykel Healthcare Corp., Ltd. | 585,082 | 7,288,775 |
Singapore 2.6% | ||
Mapletree Logistics Trust | 5,757,300 | 6,967,236 |
South Korea 2.2% | ||
Korea Investment Holdings Co., Ltd. | 125,085 | 5,962,663 |
Sweden 10.3% | ||
Hexagon AB, Class B | 1,209,803 | 12,641,298 |
Sectra AB, Class B(a) | 750,394 | 10,089,412 |
Sweco AB, Class B | 491,345 | 5,120,975 |
Total | 27,851,685 | |
Switzerland 10.9% | ||
Belimo Holding AG, Registered Shares | 27,367 | 9,635,349 |
Lonza Group AG, Registered Shares | 20,295 | 10,840,319 |
Partners Group Holding AG | 10,079 | 9,102,314 |
Total | 29,577,982 | |
Taiwan 7.4% | ||
Parade Technologies Ltd. | 235,000 | 9,148,706 |
Voltronic Power Technology Corp. | 225,852 | 10,956,196 |
Total | 20,104,902 | |
United Kingdom 16.0% | ||
Dechra Pharmaceuticals PLC | 271,796 | 11,460,363 |
Diploma PLC | 263,164 | 7,167,164 |
Intermediate Capital Group PLC | 451,658 | 7,220,910 |
Rentokil Initial PLC | 935,091 | 5,420,685 |
Rightmove PLC | 1,762,749 | 12,215,563 |
Total | 43,484,685 | |
Total Common Stocks (Cost $281,473,000) | 267,453,136 | |
30 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn International SelectSM, June 30, 2022 (Unaudited)
Money Market Funds 0.6% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 1.247%(d),(e) | 1,516,440 | 1,515,530 |
Total Money Market Funds (Cost $1,515,379) | 1,515,530 | |
Total Investments in Securities (Cost $282,988,379) | 268,968,666 | |
Other Assets & Liabilities, Net | 2,260,341 | |
Net Assets | $271,229,007 |
(a) | Non-income producing investment. |
(b) | Represents fair value as determined in good faith under procedures approved by the Board of Trustees. At June 30, 2022, the total value of these securities amounted to $2, which represents less than 0.01% of total net assets. |
(c) | Valuation based on significant unobservable inputs. |
(d) | The rate shown is the seven-day current annualized yield at June 30, 2022. |
(e) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2022 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 1.247% | ||||||||
4,210,604 | 45,268,707 | (47,963,932) | 151 | 1,515,530 | (1,787) | 8,587 | 1,516,440 |
ADR | American Depositary Receipt |
■ | Level 1 – quoted prices in active markets for identical securities |
■ | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
■ | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 31 |
Columbia Acorn International SelectSM, June 30, 2022 (Unaudited)
The following table is a summary of the inputs used to value the Fund’s investments at June 30, 2022:
Level 1 ($) | Level 2 ($) | Level 3 ($) | Total ($) | |
Investments in Securities | ||||
Common Stocks | ||||
Australia | — | 6,252,172 | — | 6,252,172 |
Brazil | 8,255,329 | — | — | 8,255,329 |
Canada | 6,413,723 | — | — | 6,413,723 |
China | 7,143,067 | 13,545,585 | — | 20,688,652 |
Denmark | — | 11,250,830 | — | 11,250,830 |
Finland | — | 8,955,067 | — | 8,955,067 |
Germany | — | 6,895,777 | — | 6,895,777 |
Italy | — | 12,029,029 | — | 12,029,029 |
Japan | — | 35,652,712 | — | 35,652,712 |
Malta | — | — | 2 | 2 |
Netherlands | — | 9,821,915 | — | 9,821,915 |
New Zealand | — | 7,288,775 | — | 7,288,775 |
Singapore | — | 6,967,236 | — | 6,967,236 |
South Korea | — | 5,962,663 | — | 5,962,663 |
Sweden | — | 27,851,685 | — | 27,851,685 |
Switzerland | — | 29,577,982 | — | 29,577,982 |
Taiwan | — | 20,104,902 | — | 20,104,902 |
United Kingdom | — | 43,484,685 | — | 43,484,685 |
Total Common Stocks | 21,812,119 | 245,641,015 | 2 | 267,453,136 |
Money Market Funds | 1,515,530 | — | — | 1,515,530 |
Total Investments in Securities | 23,327,649 | 245,641,015 | 2 | 268,968,666 |
32 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Thermostat FundSM, June 30, 2022 (Unaudited)
Equity Funds 26.6% | ||
Shares | Value ($) | |
International 2.9% | ||
Columbia Emerging Markets Fund, Institutional 3 Class(a) | 3,810,990 | 46,532,187 |
U.S. Large Cap 17.8% | ||
Columbia Contrarian Core Fund, Institutional 3 Class(a) | 2,533,649 | 70,131,391 |
Columbia Large Cap Enhanced Core Fund, Institutional 3 Class(a) | 3,331,291 | 70,190,301 |
Columbia Large Cap Index Fund, Institutional 3 Class(a) | 3,055,836 | 140,262,882 |
Total | 280,584,574 | |
U.S. Mid Cap 3.0% | ||
Columbia Select Mid Cap Value Fund, Institutional 3 Class(a) | 4,153,027 | 46,721,560 |
U.S. Small Mid Cap 2.9% | ||
Columbia Acorn® Fund, Institutional 3 Class(a) | 4,830,433 | 46,323,855 |
Total Equity Funds (Cost $442,279,929) | 420,162,176 | |
Exchange-Traded Equity Funds 2.9% | ||
U.S. Large Cap 2.9% | ||
Columbia Research Enhanced Core ETF(a) | 2,088,507 | 46,526,924 |
Total Exchange-Traded Equity Funds (Cost $46,299,862) | 46,526,924 | |
Exchange-Traded Fixed Income Funds 7.0% | ||
Multisector 7.0% | ||
Columbia Diversified Fixed Income Allocation ETF(a) | 6,231,094 | 110,041,120 |
Total Exchange-Traded Fixed Income Funds (Cost $129,426,128) | 110,041,120 | |
Fixed Income Funds 63.1% | ||
Shares | Value ($) | |
Investment Grade 63.1% | ||
Columbia Corporate Income Fund, Institutional 3 Class(a) | 12,362,514 | 110,397,244 |
Columbia Quality Income Fund, Institutional 3 Class(a) | 11,468,957 | 222,956,521 |
Columbia Short Term Bond Fund, Institutional 3 Class(a) | 17,441,902 | 165,523,652 |
Columbia Total Return Bond Fund, Institutional 3 Class(a) | 3,494,160 | 110,939,580 |
Columbia U.S. Treasury Index Fund, Institutional 3 Class(a) | 36,963,146 | 387,373,771 |
Total | 997,190,768 | |
Total Fixed Income Funds (Cost $1,120,402,538) | 997,190,768 | |
Money Market Funds 0.2% | ||
Columbia Short-Term Cash Fund, 1.247%(a),(b) | 2,998,079 | 2,996,280 |
Total Money Market Funds (Cost $2,995,981) | 2,996,280 | |
Total Investments in Securities (Cost: $1,741,404,438) | 1,576,917,268 | |
Other Assets & Liabilities, Net | 2,756,201 | |
Net Assets | 1,579,673,469 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 33 |
Columbia Thermostat FundSM, June 30, 2022 (Unaudited)
(a) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2022 are as follows: |
Affiliated issuers | Beginning of period($) | 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® Fund, Institutional 3 Class | |||||||||
21,041,129 | 44,135,907 | (10,098,589) | (8,754,592) | 46,323,855 | 1,830,014 | (2,379,721) | — | 4,830,433 | |
Columbia Contrarian Core Fund, Institutional 3 Class | |||||||||
31,401,672 | 55,711,002 | (10,165,656) | (6,815,627) | 70,131,391 | — | (365,471) | — | 2,533,649 | |
Columbia Corporate Income Fund, Institutional 3 Class | |||||||||
186,858,848 | 5,629,354 | (63,019,107) | (19,071,851) | 110,397,244 | — | (10,381,455) | 2,267,558 | 12,362,514 | |
Columbia Diversified Fixed Income Allocation ETF | |||||||||
186,759,029 | 2,884,588 | (57,446,742) | (22,155,755) | 110,041,120 | — | (9,107,056) | 1,851,939 | 6,231,094 | |
Columbia Emerging Markets Fund, Institutional 3 Class | |||||||||
21,148,316 | 37,895,603 | (7,130,996) | (5,380,736) | 46,532,187 | — | (1,429,913) | — | 3,810,990 | |
Columbia Large Cap Enhanced Core Fund, Institutional 3 Class | |||||||||
31,422,661 | 59,763,361 | (10,128,205) | (10,867,516) | 70,190,301 | 4,000,718 | (561,717) | 123,416 | 3,331,291 | |
Columbia Large Cap Index Fund, Institutional 3 Class | |||||||||
62,412,872 | 120,149,929 | (20,591,141) | (21,708,778) | 140,262,882 | 6,876,497 | (948,135) | 306,782 | 3,055,836 | |
Columbia Quality Income Fund, Institutional 3 Class | |||||||||
373,669,379 | 8,220,733 | (133,030,650) | (25,902,941) | 222,956,521 | — | (16,054,149) | 3,379,316 | 11,468,957 | |
Columbia Research Enhanced Core ETF | |||||||||
18,034,082 | 39,123,740 | (6,314,323) | (4,316,575) | 46,526,924 | — | (241,071) | — | 2,088,507 | |
Columbia Select Mid Cap Value Fund, Institutional 3 Class | |||||||||
21,178,767 | 38,523,811 | (5,654,224) | (7,326,794) | 46,721,560 | 1,854,950 | 795,354 | 168,348 | 4,153,027 | |
Columbia Short Term Bond Fund, Institutional 3 Class | |||||||||
280,062,035 | 4,461,291 | (110,685,326) | (8,314,348) | 165,523,652 | — | (4,959,772) | 2,010,679 | 17,441,902 | |
Columbia Short-Term Cash Fund, 1.247% | |||||||||
3,640,167 | 165,140,070 | (165,784,256) | 299 | 2,996,280 | — | (3,654) | 9,566 | 2,998,079 | |
Columbia Total Return Bond Fund, Institutional 3 Class | |||||||||
186,937,454 | 5,210,887 | (63,611,158) | (17,597,603) | 110,939,580 | — | (9,073,504) | 2,298,205 | 3,494,160 | |
Columbia U.S. Treasury Index Fund, Institutional 3 Class | |||||||||
653,104,595 | 11,937,221 | (244,983,937) | (32,684,108) | 387,373,771 | — | (28,821,549) | 3,637,231 | 36,963,146 | |
Total | 2,077,671,006 | (190,896,925) | 1,576,917,268 | 14,562,179 | (83,531,813) | 16,053,040 |
(b) | The rate shown is the seven-day current annualized yield at June 30, 2022. |
■ | 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) |
34 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Thermostat FundSM, June 30, 2022 (Unaudited)
The Committee meets as necessary, and no less frequently than quarterly, to determine fair values for securities for which market quotations are not readily available or for which the Investment Manager believes that available market quotations are unreliable. The Committee also reviews the continuing appropriateness of the Policies. In circumstances where a security has been fair valued, the Committee will also review the continuing appropriateness of the current value of the security. The Policies address, among 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 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 ($) | |
Investments in Securities | ||||
Equity Funds | 420,162,176 | — | — | 420,162,176 |
Exchange-Traded Equity Funds | 46,526,924 | — | — | 46,526,924 |
Exchange-Traded Fixed Income Funds | 110,041,120 | — | — | 110,041,120 |
Fixed Income Funds | 997,190,768 | — | — | 997,190,768 |
Money Market Funds | 2,996,280 | — | — | 2,996,280 |
Total Investments in Securities | 1,576,917,268 | — | — | 1,576,917,268 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 35 |
Columbia Acorn European FundSM, June 30, 2022 (Unaudited)
Common Stocks 99.2% | ||
Issuer | Shares | Value ($) |
Austria 1.4% | ||
Kontron AG(a) | 83,614 | 1,238,047 |
Denmark 6.0% | ||
ALK-Abello A/S(b) | 157,763 | 2,748,390 |
Netcompany Group AS(b) | 17,817 | 981,569 |
SimCorp AS | 22,991 | 1,680,704 |
Total | 5,410,663 | |
Finland 2.5% | ||
Valmet OYJ | 91,785 | 2,261,888 |
France 1.4% | ||
Robertet SA | 1,464 | 1,300,467 |
Germany 10.8% | ||
Eckert & Ziegler Strahlen- und Medizintechnik AG | 25,616 | 984,499 |
Hypoport SE(b) | 4,812 | 959,751 |
Jenoptik AG | 95,807 | 2,155,025 |
Nemetschek SE | 27,898 | 1,697,222 |
Secunet Security Networks AG | 1,352 | 404,090 |
Washtec AG | 75,724 | 3,536,617 |
Total | 9,737,204 | |
Italy 10.4% | ||
Amplifon SpA | 76,061 | 2,338,463 |
Carel Industries SpA | 126,352 | 2,513,380 |
GVS SpA(b) | 110,032 | 899,607 |
Intercos SpA(b) | 100,176 | 1,320,363 |
Nexi SpA(b) | 283,351 | 2,353,072 |
Total | 9,424,885 | |
Netherlands 6.0% | ||
Argenx SE(b) | 2,759 | 1,040,014 |
BE Semiconductor Industries NV | 22,445 | 1,072,517 |
IMCD NV | 23,846 | 3,260,572 |
Total | 5,373,103 | |
Russian Federation —% | ||
TCS Group Holding PLC GDR(b),(c),(d),(e),(f) | 17,858 | 0 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Spain 2.2% | ||
Befesa SA | 22,038 | 1,074,202 |
Vidrala SA | 12,553 | 911,877 |
Total | 1,986,079 | |
Sweden 16.7% | ||
AddTech AB, B Shares | 171,761 | 2,247,575 |
Dometic Group AB | 235,363 | 1,388,399 |
Dustin Group AB | 228,169 | 1,306,261 |
Hexagon AB, Class B | 317,085 | 3,313,239 |
Munters Group AB | 424,482 | 2,474,432 |
Sectra AB, Class B(b) | 223,843 | 3,009,678 |
Sweco AB, Class B | 125,904 | 1,312,217 |
Total | 15,051,801 | |
Switzerland 8.9% | ||
Belimo Holding AG, Registered Shares | 7,701 | 2,711,361 |
Inficon Holding AG | 1,529 | 1,205,496 |
Kardex Energy AG | 8,204 | 1,367,946 |
Montana Aerospace AG(b),(c) | 86,934 | 1,344,506 |
Partners Group Holding AG | 1,525 | 1,377,223 |
Total | 8,006,532 | |
United Kingdom 29.8% | ||
Abcam PLC(b) | 154,777 | 2,224,564 |
Auto Trader Group PLC | 352,754 | 2,389,045 |
Dechra Pharmaceuticals PLC | 80,513 | 3,394,856 |
Diploma PLC | 105,052 | 2,861,048 |
Genus PLC | 46,600 | 1,422,693 |
Halma PLC | 52,721 | 1,294,413 |
Intermediate Capital Group PLC | 188,715 | 3,017,093 |
Rentokil Initial PLC | 435,793 | 2,526,275 |
Rightmove PLC | 475,558 | 3,295,539 |
Safestore Holdings PLC | 133,851 | 1,733,172 |
Spirax-Sarco Engineering PLC | 22,621 | 2,728,289 |
Total | 26,886,987 |
36 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn European FundSM, June 30, 2022 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
United States 3.1% | ||
Inter Parfums, Inc. | 38,813 | 2,835,678 |
Total Common Stocks (Cost $84,944,404) | 89,513,334 | |
Securities Lending Collateral 1.3% | ||
Dreyfus Government Cash Management Fund, Institutional Shares, 1.351%(g),(h) | 1,156,220 | 1,156,220 |
Total Securities Lending Collateral (Cost $1,156,220) | 1,156,220 | |
Money Market Funds 0.7% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 1.247%(g),(i) | 610,439 | 610,072 |
Total Money Market Funds (Cost $610,011) | 610,072 | |
Total Investments in Securities (Cost $86,710,635) | 91,279,626 | |
Obligation to Return Collateral for Securities Loaned | (1,156,220) | |
Other Assets & Liabilities, Net | 101,554 | |
Net Assets | $90,224,960 |
(a) | All or a portion of this security was on loan at June 30, 2022. The total market value of securities on loan at June 30, 2022 was $1,104,308. |
(b) | Non-income producing investment. |
(c) | Represents privately placed and other securities and instruments exempt from Securities and Exchange Commission registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only to qualified institutional buyers. At June 30, 2022, the total value of these securities amounted to $1,344,506, which represents 1.49% of total net assets. |
(d) | Represents fair value as determined in good faith under procedures approved by the Board of Trustees. At June 30, 2022, the total value of these securities amounted to $0, which represents less than 0.01% of total net assets. |
(e) | Denotes a restricted security, which is subject to legal or contractual restrictions on resale under federal securities laws. Disposal of a restricted investment may involve time-consuming negotiations and expenses, and prompt sale at an acceptable price may be difficult to achieve. Private placement securities are generally considered to be restricted, although certain of those securities may be traded between qualified institutional investors under the provisions of Section 4(a)(2) and Rule 144A. The Fund will not incur any registration costs upon such a trade. These securities are valued at fair value determined in good faith under consistently applied procedures established by the Fund’s Board of Trustees. At June 30, 2022, the total market value of these securities amounted to $0, which represents less than 0.01% of total net assets. Additional information on these securities is as follows: |
Security | Acquisition Dates | Shares | Cost ($) | Value ($) |
TCS Group Holding PLC GDR | 01/22/2021—03/02/2021 | 17,858 | 784,598 | — |
(f) | Valuation based on significant unobservable inputs. |
(g) | The rate shown is the seven-day current annualized yield at June 30, 2022. |
(h) | Investment made with cash collateral received from securities lending activity. |
(i) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2022 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 1.247% | ||||||||
2,948,499 | 51,630,012 | (53,968,500) | 61 | 610,072 | (489) | 2,919 | 610,439 |
GDR | Global Depositary Receipt |
■ | Level 1 – quoted prices in active markets for identical securities |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 37 |
Columbia Acorn European FundSM, June 30, 2022 (Unaudited)
■ | 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 | ||||
Austria | — | 1,238,047 | — | 1,238,047 |
Denmark | — | 5,410,663 | — | 5,410,663 |
Finland | — | 2,261,888 | — | 2,261,888 |
France | — | 1,300,467 | — | 1,300,467 |
Germany | — | 9,737,204 | — | 9,737,204 |
Italy | — | 9,424,885 | — | 9,424,885 |
Netherlands | — | 5,373,103 | — | 5,373,103 |
Russian Federation | — | — | 0* | 0* |
Spain | — | 1,986,079 | — | 1,986,079 |
Sweden | — | 15,051,801 | — | 15,051,801 |
Switzerland | — | 8,006,532 | — | 8,006,532 |
United Kingdom | — | 26,886,987 | — | 26,886,987 |
United States | 2,835,678 | — | — | 2,835,678 |
Total Common Stocks | 2,835,678 | 86,677,656 | 0* | 89,513,334 |
Securities Lending Collateral | 1,156,220 | — | — | 1,156,220 |
Money Market Funds | 610,072 | — | — | 610,072 |
Total Investments in Securities | 4,601,970 | 86,677,656 | 0* | 91,279,626 |
* | Rounds to zero. |
38 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
June 30, 2022 (Unaudited)
Columbia Acorn® Fund | Columbia Acorn International® | Columbia Acorn USA® | |
Assets | |||
Investments in securities, at value* | |||
Unaffiliated issuers (cost $2,917,067,522, $1,347,892,014, $176,080,615, respectively) | $2,613,849,534 | $1,406,412,263 | $155,651,439 |
Affiliated issuers (cost $132,232,356, $22,362,847, $5,337,950, respectively) | 106,797,351 | 22,364,323 | 5,338,004 |
Foreign currency (cost $—, $15,679, $—, respectively) | — | 15,620 | — |
Margin deposits on: | |||
Futures contracts | — | 517,010 | — |
Receivable for: | |||
Investments sold | 15,109,186 | 7,389,563 | 850,935 |
Capital shares sold | 382,824 | 1,127,342 | 39,866 |
Dividends | 442,370 | 2,747,158 | 27,371 |
Securities lending income | 13,143 | 171,710 | 4,560 |
Foreign tax reclaims | 11,994 | 2,805,615 | 1,736 |
Expense reimbursement due from Investment Manager | 1,976 | 3,950 | 863 |
Prepaid expenses | 37,521 | 19,209 | 2,525 |
Trustees’ deferred compensation plan | — | — | 1,665 |
Other assets | 13,782 | 18,216 | 3,524 |
Total assets | 2,736,659,681 | 1,443,591,979 | 161,922,488 |
Liabilities | |||
Due to custodian | — | 236,820 | 2,119 |
Due upon return of securities on loan | 60,229,300 | 19,430,317 | 2,215,850 |
Payable for: | |||
Investments purchased | — | 2,969,695 | — |
Capital shares purchased | 1,682,392 | 1,376,477 | 245,923 |
Variation margin for futures contracts | — | 48,182 | — |
Investment advisory fee | 51,105 | 32,236 | 3,269 |
Distribution and/or service fees | 4,078 | 1,313 | 230 |
Transfer agent fees | 246,423 | 108,170 | 16,461 |
Administration fees | 3,704 | 1,947 | 221 |
Trustees’ fees | 3,986,913 | 1,936,033 | 344,780 |
Other expenses | 239,968 | 197,863 | 26,809 |
Trustees’ deferred compensation plan | — | — | 1,665 |
Total liabilities | 66,443,883 | 26,339,053 | 2,857,327 |
Net assets applicable to outstanding capital stock | $2,670,215,798 | $1,417,252,926 | $159,065,161 |
Represented by | |||
Paid in capital | 3,422,307,103 | 1,441,845,688 | 204,879,178 |
Total distributable earnings (loss) | (752,091,305) | (24,592,762) | (45,814,017) |
Total - representing net assets applicable to outstanding capital stock | $2,670,215,798 | $1,417,252,926 | $159,065,161 |
* Includes the value of securities on loan | 57,494,370 | 18,535,548 | 2,083,714 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 39 |
June 30, 2022 (Unaudited)
Columbia Acorn® Fund | Columbia Acorn International® | Columbia Acorn USA® | |
Class A | |||
Net assets | $537,888,373 | $167,363,278 | $29,915,727 |
Shares outstanding | 91,516,204 | 8,125,446 | 4,967,295 |
Net asset value per share(a) | $5.88 | $20.60 | $6.02 |
Maximum sales charge | 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) | $6.24 | $21.86 | $6.39 |
Advisor Class | |||
Net assets | $25,354,191 | $5,169,967 | $13,855,898 |
Shares outstanding | 2,735,168 | 245,856 | 1,387,463 |
Net asset value per share(c) | $9.27 | $21.03 | $9.99 |
Class C | |||
Net assets | $12,511,479 | $4,910,425 | $810,618 |
Shares outstanding | 1,517,071 | 264,974 | 89,098 |
Net asset value per share(a) | $8.25 | $18.53 | $9.10 |
Institutional Class | |||
Net assets | $1,990,053,614 | $1,006,565,951 | $98,796,658 |
Shares outstanding | 232,893,491 | 48,668,429 | 10,965,380 |
Net asset value per share(c) | $8.54 | $20.68 | $9.01 |
Institutional 2 Class | |||
Net assets | $27,693,621 | $84,990,779 | $2,308,889 |
Shares outstanding | 2,938,549 | 4,112,278 | 228,196 |
Net asset value per share(c) | $9.42 | $20.67 | $10.12 |
Institutional 3 Class | |||
Net assets | $76,714,520 | $146,203,694 | $13,377,371 |
Shares outstanding | 7,999,487 | 6,947,159 | 1,300,698 |
Net asset value per share(c) | $9.59 | $21.05 | $10.28 |
Class R | |||
Net assets | $— | $2,048,832 | $— |
Shares outstanding | — | 99,585 | — |
Net asset value per share(c) | $— | $20.57 | $— |
(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. |
40 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
June 30, 2022 (Unaudited)
Columbia Acorn International SelectSM | Columbia Thermostat FundSM | Columbia Acorn European FundSM | |
Assets | |||
Investments in securities, at value* | |||
Unaffiliated issuers (cost $281,473,000, $—, $86,100,624, respectively) | $267,453,136 | $— | $90,669,554 |
Affiliated issuers (cost $1,515,379, $1,741,404,438, $610,011, respectively) | 1,515,530 | 1,576,917,268 | 610,072 |
Cash | — | 15,760 | — |
Foreign currency (cost $—, $—, $20,477, respectively) | — | — | 20,493 |
Receivable for: | |||
Investments sold | 2,010,971 | 4,910,168 | 39,558 |
Capital shares sold | 37,079 | 1,321,051 | 60,136 |
Dividends | 428,856 | 1,936,502 | 167,671 |
Securities lending income | — | — | 14,847 |
Foreign tax reclaims | 877,506 | — | 186,141 |
Expense reimbursement due from Investment Manager | 2,191 | 2,726 | 1,161 |
Prepaid expenses | 3,809 | 17,536 | 1,668 |
Other assets | 129,504 | 27,710 | 10,537 |
Total assets | 272,458,582 | 1,585,148,721 | 91,781,838 |
Liabilities | |||
Due to custodian | — | — | 489 |
Foreign currency (cost $2,884, $ —, $—, respectively) | 2,893 | — | — |
Due upon return of securities on loan | — | — | 1,156,220 |
Payable for: | |||
Investments purchased | 436,692 | 1,932,375 | 324,030 |
Capital shares purchased | 446,203 | 2,914,864 | 15,441 |
Investment advisory fee | 6,660 | 4,341 | 2,938 |
Distribution and/or service fees | 996 | 7,398 | 329 |
Transfer agent fees | 27,423 | 158,889 | 9,102 |
Administration fees | 374 | 2,170 | 123 |
Trustees’ fees | 258,997 | 336,369 | 22,344 |
Compensation of chief compliance officer | — | 274 | — |
Other expenses | 49,337 | 118,572 | 25,862 |
Total liabilities | 1,229,575 | 5,475,252 | 1,556,878 |
Net assets applicable to outstanding capital stock | $271,229,007 | $1,579,673,469 | $90,224,960 |
Represented by | |||
Paid in capital | 298,375,911 | 1,804,829,672 | 101,270,218 |
Total distributable earnings (loss) | (27,146,904) | (225,156,203) | (11,045,258) |
Total - representing net assets applicable to outstanding capital stock | $271,229,007 | $1,579,673,469 | $90,224,960 |
* Includes the value of securities on loan | — | — | 1,104,308 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 41 |
June 30, 2022 (Unaudited)
Columbia Acorn International SelectSM | Columbia Thermostat FundSM | Columbia Acorn European FundSM | |
Class A | |||
Net assets | $139,579,689 | $492,915,766 | $35,286,782 |
Shares outstanding | 6,403,911 | 33,397,628 | 1,740,194 |
Net asset value per share(a) | $21.80 | $14.76 | $20.28 |
Maximum sales charge | 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) | $23.13 | $15.66 | $21.52 |
Advisor Class | |||
Net assets | $1,259,913 | $114,072,905 | $1,618,736 |
Shares outstanding | 56,216 | 7,810,746 | 78,901 |
Net asset value per share(c) | $22.41 | $14.60 | $20.52 |
Class C | |||
Net assets | $1,213,181 | $146,443,904 | $3,194,590 |
Shares outstanding | 62,420 | 9,883,390 | 162,952 |
Net asset value per share(a) | $19.44 | $14.82 | $19.60 |
Institutional Class | |||
Net assets | $94,805,759 | $691,901,875 | $45,478,021 |
Shares outstanding | 4,271,586 | 47,725,466 | 2,227,905 |
Net asset value per share(c) | $22.19 | $14.50 | $20.41 |
Institutional 2 Class | |||
Net assets | $21,733,209 | $124,083,233 | $4,606,437 |
Shares outstanding | 969,592 | 8,481,734 | 222,893 |
Net asset value per share(c) | $22.41 | $14.63 | $20.67 |
Institutional 3 Class | |||
Net assets | $12,637,256 | $10,255,786 | $40,394 |
Shares outstanding | 564,114 | 702,344 | 1,986 |
Net asset value per share(c) | $22.40 | $14.60 | $20.34 |
(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. |
42 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Six Months Ended June 30, 2022 (Unaudited)
Columbia Acorn® Fund | Columbia Acorn International® | Columbia Acorn USA® | |
Net investment income | |||
Income: | |||
Dividends — unaffiliated issuers | $8,347,983 | $18,840,346 | $572,701 |
Dividends — affiliated issuers | 716,694 | 71,329 | 12,228 |
Income from securities lending — net | 66,397 | 744,126 | 29,087 |
European Union tax reclaim | — | 1,274,798 | — |
Foreign taxes withheld | (24,348) | (1,930,656) | (1,473) |
Total income | 9,106,726 | 18,999,943 | 612,543 |
Expenses: | |||
Investment advisory fee | 11,411,806 | 7,176,217 | 935,546 |
Distribution and/or service fees | |||
Class A | 850,720 | 265,309 | 48,682 |
Class C | 86,447 | 36,644 | 5,845 |
Class R | — | 6,847 | — |
Transfer agent fees | |||
Class A | 287,705 | 109,778 | 21,820 |
Advisor Class | 12,895 | 3,494 | 9,792 |
Class C | 7,299 | 3,777 | 652 |
Institutional Class | 1,067,080 | 669,709 | 71,416 |
Institutional 2 Class | 11,231 | 27,654 | 789 |
Institutional 3 Class | 1,878 | 3,943 | 670 |
Class R | — | 1,415 | — |
Administration fees | 833,140 | 439,776 | 52,774 |
Trustees’ fees | 198,961 | 88,105 | 12,778 |
Custodian fees | 13,446 | 189,135 | 3,213 |
Printing and postage fees | 55,609 | 49,238 | 12,244 |
Registration fees | 59,121 | 56,487 | 44,645 |
Audit fees | 14,885 | 23,927 | 14,841 |
Legal fees | 284,588 | 147,979 | 18,420 |
Line of credit interest | — | 42 | 476 |
Interest on collateral | — | 50 | — |
Compensation of chief compliance officer | 6,588 | 3,444 | 432 |
Other | 126,509 | 71,478 | 14,150 |
Total expenses | 15,329,908 | 9,374,448 | 1,269,185 |
Fees waived or expenses reimbursed by Investment Manager and its affiliates | (120,288) | (469,167) | (87,222) |
Fees waived by transfer agent | |||
Class A | — | — | (2,145) |
Advisor Class | — | — | (979) |
Class C | — | — | (58) |
Institutional Class | — | — | (7,097) |
Institutional 2 Class | (1,019) | (7,694) | (180) |
Institutional 3 Class | — | (3,943) | (525) |
Total net expenses | 15,208,601 | 8,893,644 | 1,170,979 |
Net investment income (loss) | (6,101,875) | 10,106,299 | (558,436) |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 43 |
Six Months Ended June 30, 2022 (Unaudited)
Columbia Acorn® Fund | Columbia Acorn International® | Columbia Acorn USA® | |
Realized and unrealized gain (loss) — net | |||
Net realized gain (loss) on: | |||
Investments — unaffiliated issuers | $(407,046,341) | $26,650,425 | $(23,673,015) |
Investments — affiliated issuers | (23,276) | (7,623) | (1,711) |
Foreign currency translations | (81) | (317,541) | (186) |
Futures contracts | — | (6,165,919) | — |
Net realized gain (loss) | (407,069,698) | 20,159,342 | (23,674,912) |
Net change in unrealized appreciation (depreciation) on: | |||
Investments — unaffiliated issuers | (1,190,303,776) | (857,200,430) | (77,464,523) |
Investments — affiliated issuers | (25,506,322) | 1,476 | 56 |
Foreign currency translations | — | (192,704) | — |
Futures contracts | — | (70,918) | — |
Net change in unrealized appreciation (depreciation) | (1,215,810,098) | (857,462,576) | (77,464,467) |
Net realized and unrealized loss | (1,622,879,796) | (837,303,234) | (101,139,379) |
Net decrease in net assets resulting from operations | $(1,628,981,671) | $(827,196,935) | $(101,697,815) |
44 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Six Months Ended June 30, 2022 (Unaudited)
Columbia Acorn International SelectSM | Columbia Thermostat FundSM | Columbia Acorn European FundSM | |
Net investment income | |||
Income: | |||
Dividends — unaffiliated issuers | $3,571,171 | $— | $1,657,797 |
Dividends — affiliated issuers | 8,587 | 16,053,040 | 2,919 |
Income from securities lending — net | 8,197 | — | 78,915 |
European Union tax reclaim | 200,101 | — | — |
Foreign taxes withheld | (372,511) | — | (192,487) |
Total income | 3,415,545 | 16,053,040 | 1,547,144 |
Expenses: | |||
Investment advisory fee | 1,575,886 | 918,959 | 788,805 |
Distribution and/or service fees | |||
Class A | 221,341 | 695,348 | 59,467 |
Class C | 8,081 | 863,416 | 24,744 |
Transfer agent fees | |||
Class A | 149,823 | 267,109 | 25,966 |
Advisor Class | 1,507 | 68,223 | 1,130 |
Class C | 1,366 | 82,918 | 2,692 |
Institutional Class | 102,230 | 387,112 | 35,462 |
Institutional 2 Class | 9,828 | 38,428 | 5,641 |
Institutional 3 Class | 457 | 706 | 5 |
Administration fees | 87,879 | 456,370 | 35,144 |
Trustees’ fees | (5,022) | 47,095 | 4,286 |
Custodian fees | 36,071 | 1,358 | 21,498 |
Printing and postage fees | 26,231 | 57,494 | 11,790 |
Registration fees | 44,336 | 83,808 | 48,839 |
Audit fees | 18,138 | 5,642 | 15,841 |
Legal fees | 29,995 | 148,884 | 12,933 |
Line of credit interest | 152 | 2,139 | 2,220 |
Compensation of chief compliance officer | 700 | 4,199 | 281 |
Other | 23,878 | 55,397 | 17,092 |
Total expenses | 2,332,877 | 4,184,605 | 1,113,836 |
Fees waived or expenses reimbursed by Investment Manager and its affiliates | (381,097) | (401,087) | (182,045) |
Fees waived by transfer agent | |||
Institutional 2 Class | — | — | (1,443) |
Institutional 3 Class | — | — | (5) |
Total net expenses | 1,951,780 | 3,783,518 | 930,343 |
Net investment income | 1,463,765 | 12,269,522 | 616,801 |
Realized and unrealized gain (loss) — net | |||
Net realized gain (loss) on: | |||
Investments — unaffiliated issuers | (7,992,580) | — | (10,621,709) |
Investments — affiliated issuers | (1,787) | (83,531,813) | (489) |
Capital gain distributions from underlying affiliated funds | — | 14,562,179 | — |
Foreign currency translations | (54,207) | — | (136,617) |
Net realized loss | (8,048,574) | (68,969,634) | (10,758,815) |
Net change in unrealized appreciation (depreciation) on: | |||
Investments — unaffiliated issuers | (159,981,245) | — | (66,964,990) |
Investments — affiliated issuers | 151 | (190,896,925) | 61 |
Foreign currency translations | (41,135) | — | (16,603) |
Net change in unrealized appreciation (depreciation) | (160,022,229) | (190,896,925) | (66,981,532) |
Net realized and unrealized loss | (168,070,803) | (259,866,559) | (77,740,347) |
Net decrease in net assets resulting from operations | $(166,607,038) | $(247,597,037) | $(77,123,546) |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 45 |
Columbia Acorn® Fund | Columbia Acorn International® | |||
Six Months Ended June 30, 2022 (Unaudited) | Year Ended December 31, 2021 | Six Months Ended June 30, 2022 (Unaudited) | Year Ended December 31, 2021 | |
Operations | ||||
Net investment income (loss) | $(6,101,875) | $(29,391,237) | $10,106,299 | $6,349,262 |
Net realized gain (loss) | (407,069,698) | 1,089,409,474 | 20,159,342 | 296,728,330 |
Net change in unrealized appreciation (depreciation) | (1,215,810,098) | (638,363,380) | (857,462,576) | (3,405,718) |
Net increase (decrease) in net assets resulting from operations | (1,628,981,671) | 421,654,857 | (827,196,935) | 299,671,874 |
Distributions to shareholders | ||||
Net investment income and net realized gains | ||||
Class A | (41,011,687) | (263,150,366) | (5,361,144) | (40,052,526) |
Advisor Class | (1,229,726) | (8,201,757) | (168,978) | (1,374,206) |
Class C | (608,983) | (5,787,484) | (185,732) | (1,615,464) |
Institutional Class | (106,716,273) | (758,479,695) | (31,799,977) | (254,146,337) |
Institutional 2 Class | (1,365,961) | (10,983,732) | (2,796,677) | (20,003,620) |
Institutional 3 Class | (3,270,753) | (16,278,812) | (4,521,218) | (26,466,011) |
Class R | — | — | (65,963) | (491,746) |
Total distributions to shareholders | (154,203,383) | (1,062,881,846) | (44,899,689) | (344,149,910) |
Increase (decrease) in net assets from capital stock activity | (75,222,818) | 300,010,089 | (50,438,523) | (113,274,517) |
Total decrease in net assets | (1,858,407,872) | (341,216,900) | (922,535,147) | (157,752,553) |
Net assets at beginning of period | 4,528,623,670 | 4,869,840,570 | 2,339,788,073 | 2,497,540,626 |
Net assets at end of period | $2,670,215,798 | $4,528,623,670 | $1,417,252,926 | $2,339,788,073 |
46 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn USA® | Columbia Acorn International SelectSM | |||
Six Months Ended June 30, 2022 (Unaudited) | Year Ended December 31, 2021 | Six Months Ended June 30, 2022 (Unaudited) | Year Ended December 31, 2021 | |
Operations | ||||
Net investment income (loss) | $(558,436) | $(2,657,286) | $1,463,765 | $(32,728) |
Net realized gain (loss) | (23,674,912) | 86,878,712 | (8,048,574) | 33,656,269 |
Net change in unrealized appreciation (depreciation) | (77,464,467) | (52,709,057) | (160,022,229) | 15,107,406 |
Net increase (decrease) in net assets resulting from operations | (101,697,815) | 31,512,369 | (166,607,038) | 48,730,947 |
Distributions to shareholders | ||||
Net investment income and net realized gains | ||||
Class A | (2,107,177) | (17,031,591) | (5,779,291) | (10,962,872) |
Advisor Class | (595,586) | (5,338,855) | (51,312) | (121,956) |
Class C | (37,617) | (429,752) | (57,732) | (93,404) |
Institutional Class | (4,744,627) | (41,782,773) | (3,890,418) | (7,965,017) |
Institutional 2 Class | (95,567) | (727,072) | (975,433) | (2,689,582) |
Institutional 3 Class | (555,076) | (10,854,053) | (506,064) | (1,456,872) |
Total distributions to shareholders | (8,135,650) | (76,164,096) | (11,260,250) | (23,289,703) |
Increase (decrease) in net assets from capital stock activity | (33,403,284) | 10,790,642 | (30,989,806) | (41,489,686) |
Total decrease in net assets | (143,236,749) | (33,861,085) | (208,857,094) | (16,048,442) |
Net assets at beginning of period | 302,301,910 | 336,162,995 | 480,086,101 | 496,134,543 |
Net assets at end of period | $159,065,161 | $302,301,910 | $271,229,007 | $480,086,101 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 47 |
Columbia Thermostat FundSM | Columbia Acorn European FundSM | |||
Six Months Ended June 30, 2022 (Unaudited) | Year Ended December 31, 2021 | Six Months Ended June 30, 2022 (Unaudited) | Year Ended December 31, 2021 | |
Operations | ||||
Net investment income (loss) | $12,269,522 | $27,407,324 | $616,801 | $(559,819) |
Net realized gain (loss) | (68,969,634) | 268,766,569 | (10,758,815) | (181,469) |
Net change in unrealized appreciation (depreciation) | (190,896,925) | (179,749,247) | (66,981,532) | 28,909,961 |
Net increase (decrease) in net assets resulting from operations | (247,597,037) | 116,424,646 | (77,123,546) | 28,168,673 |
Distributions to shareholders | ||||
Net investment income and net realized gains | ||||
Class A | (4,826,175) | (80,263,851) | — | (114,318) |
Advisor Class | (1,201,374) | (22,778,179) | — | (12,346) |
Class C | (1,438,046) | (23,284,536) | — | — |
Institutional Class | (7,015,499) | (121,876,270) | — | (446,763) |
Institutional 2 Class | (1,264,775) | (23,468,843) | — | (117,513) |
Institutional 3 Class | (96,463) | (1,952,903) | — | (292) |
Total distributions to shareholders | (15,842,332) | (273,624,582) | — | (691,232) |
Increase (decrease) in net assets from capital stock activity | (231,080,117) | 525,118,998 | (46,590,914) | 77,822,786 |
Total increase (decrease) in net assets | (494,519,486) | 367,919,062 | (123,714,460) | 105,300,227 |
Net assets at beginning of period | 2,074,192,955 | 1,706,273,893 | 213,939,420 | 108,639,193 |
Net assets at end of period | $1,579,673,469 | $2,074,192,955 | $90,224,960 | $213,939,420 |
48 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn® Fund | Columbia Acorn International® | |||||||
Six Months Ended | Year Ended | Six Months Ended | Year Ended | |||||
June 30, 2022 (Unaudited) | December 31, 2021 | June 30, 2022 (Unaudited) | December 31, 2021 | |||||
Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | |
Capital stock activity | ||||||||
Class A | ||||||||
Subscriptions | 2,659,242 | 19,979,893 | 5,982,210 | 71,946,347 | 272,397 | 7,047,128 | 525,959 | 18,837,295 |
Distributions reinvested | 5,676,327 | 37,236,705 | 23,766,788 | 239,307,360 | 226,394 | 5,150,468 | 1,182,480 | 38,446,481 |
Redemptions | (8,723,773) | (66,719,983) | (15,366,129) | (195,707,426) | (873,573) | (22,146,490) | (1,469,807) | (52,814,377) |
Net increase (decrease) | (388,204) | (9,503,385) | 14,382,869 | 115,546,281 | (374,782) | (9,948,894) | 238,632 | 4,469,399 |
Advisor Class | ||||||||
Subscriptions | 366,047 | 4,240,637 | 418,484 | 7,441,995 | 19,645 | 511,810 | 45,084 | 1,658,003 |
Distributions reinvested | 101,974 | 1,054,403 | 456,762 | 6,995,207 | 7,277 | 168,978 | 41,395 | 1,374,206 |
Redemptions | (313,812) | (3,646,629) | (794,625) | (14,613,929) | (55,419) | (1,450,635) | (457,336) | (16,418,304) |
Net increase (decrease) | 154,209 | 1,648,411 | 80,621 | (176,727) | (28,497) | (769,847) | (370,857) | (13,386,095) |
Class C | ||||||||
Subscriptions | 85,066 | 937,752 | 120,678 | 1,999,707 | 18,288 | 452,278 | 26,738 | 858,219 |
Distributions reinvested | 64,371 | 592,858 | 418,581 | 5,742,544 | 9,069 | 185,720 | 54,287 | 1,610,276 |
Redemptions | (421,165) | (4,366,964) | (2,211,079) | (37,166,378) | (117,787) | (2,702,173) | (361,954) | (11,928,781) |
Net decrease | (271,728) | (2,836,354) | (1,671,820) | (29,424,127) | (90,430) | (2,064,175) | (280,929) | (9,460,286) |
Institutional Class | ||||||||
Subscriptions | 2,105,710 | 22,502,431 | 4,017,788 | 66,770,286 | 1,244,675 | 30,920,089 | 1,856,604 | 64,984,126 |
Distributions reinvested | 10,327,534 | 98,421,430 | 49,029,210 | 694,440,015 | 1,159,396 | 26,480,611 | 6,346,780 | 207,227,903 |
Redemptions | (19,485,292) | (210,513,989) | (28,170,590) | (472,694,167) | (5,627,143) | (140,364,357) | (7,403,458) | (266,653,814) |
Net increase (decrease) | (7,052,048) | (89,590,128) | 24,876,408 | 288,516,134 | (3,223,072) | (82,963,657) | 799,926 | 5,558,215 |
Institutional 2 Class | ||||||||
Subscriptions | 297,317 | 3,635,915 | 499,108 | 9,331,106 | 678,700 | 16,652,747 | 769,576 | 27,594,261 |
Distributions reinvested | 129,844 | 1,365,961 | 706,732 | 10,980,954 | 48,905 | 1,116,012 | 292,244 | 9,532,906 |
Redemptions | (869,783) | (9,749,396) | (1,236,384) | (22,900,725) | (434,170) | (11,027,344) | (1,003,375) | (36,329,973) |
Net increase (decrease) | (442,622) | (4,747,520) | (30,544) | (2,588,665) | 293,435 | 6,741,415 | 58,445 | 797,194 |
Institutional 3 Class | ||||||||
Subscriptions | 4,351,903 | 46,150,022 | 1,316,568 | 24,299,474 | 2,028,169 | 49,661,108 | 1,798,774 | 66,229,977 |
Distributions reinvested | 304,164 | 3,254,550 | 1,022,162 | 16,168,756 | 151,936 | 3,530,989 | 735,758 | 24,286,390 |
Redemptions | (1,629,072) | (19,598,414) | (5,936,701) | (112,331,037) | (553,204) | (14,331,496) | (5,148,935) | (192,165,037) |
Net increase (decrease) | 3,026,995 | 29,806,158 | (3,597,971) | (71,862,807) | 1,626,901 | 38,860,601 | (2,614,403) | (101,648,670) |
Class R | ||||||||
Subscriptions | — | — | — | — | 7,668 | 189,918 | 17,904 | 666,373 |
Distributions reinvested | — | — | — | — | 2,902 | 65,963 | 15,168 | 491,746 |
Redemptions | — | — | — | — | (22,167) | (549,847) | (21,131) | (762,393) |
Net increase (decrease) | — | — | — | — | (11,597) | (293,966) | 11,941 | 395,726 |
Total net increase (decrease) | (4,973,398) | (75,222,818) | 34,039,563 | 300,010,089 | (1,808,042) | (50,438,523) | (2,157,245) | (113,274,517) |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 49 |
Columbia Acorn USA® | Columbia Acorn International SelectSM | |||||||
Six Months Ended | Year Ended | Six Months Ended | Year Ended | |||||
June 30, 2022 (Unaudited) | December 31, 2021 | June 30, 2022 (Unaudited) | December 31, 2021 | |||||
Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | |
Capital stock activity | ||||||||
Class A | ||||||||
Subscriptions | 292,241 | 2,308,710 | 304,197 | 3,931,345 | 93,416 | 2,476,369 | 297,746 | 10,412,479 |
Distributions reinvested | 298,366 | 2,002,035 | 1,601,884 | 16,216,954 | 221,041 | 5,355,805 | 296,896 | 10,055,469 |
Redemptions | (853,307) | (6,675,568) | (1,023,646) | (14,153,596) | (546,401) | (14,539,988) | (805,715) | (28,236,000) |
Net increase (decrease) | (262,700) | (2,364,823) | 882,435 | 5,994,703 | (231,944) | (6,707,814) | (211,073) | (7,768,052) |
Advisor Class | ||||||||
Subscriptions | 45,458 | 574,669 | 129,536 | 2,717,808 | 1,939 | 60,115 | 13,489 | 488,352 |
Distributions reinvested | 53,560 | 595,586 | 329,508 | 5,338,855 | 2,056 | 51,218 | 3,497 | 121,768 |
Redemptions | (180,927) | (2,470,996) | (188,579) | (3,873,759) | (15,520) | (411,487) | (28,744) | (1,028,388) |
Net increase (decrease) | (81,909) | (1,300,741) | 270,465 | 4,182,904 | (11,525) | (300,154) | (11,758) | (418,268) |
Class C | ||||||||
Subscriptions | 1,513 | 18,282 | 11,681 | 227,915 | 3,261 | 84,932 | 7,563 | 241,176 |
Distributions reinvested | 3,710 | 37,617 | 28,737 | 429,313 | 2,663 | 57,570 | 3,065 | 93,006 |
Redemptions | (36,491) | (433,097) | (66,603) | (1,284,123) | (10,867) | (254,069) | (50,207) | (1,577,049) |
Net decrease | (31,268) | (377,198) | (26,185) | (626,895) | (4,943) | (111,567) | (39,579) | (1,242,867) |
Institutional Class | ||||||||
Subscriptions | 148,702 | 1,731,655 | 466,246 | 8,703,797 | 120,055 | 3,373,131 | 336,387 | 11,967,996 |
Distributions reinvested | 452,099 | 4,539,072 | 2,718,115 | 39,971,652 | 140,836 | 3,474,436 | 206,883 | 7,130,545 |
Redemptions | (1,086,172) | (12,006,374) | (1,266,859) | (22,954,249) | (429,347) | (11,568,291) | (632,053) | (22,509,312) |
Net increase (decrease) | (485,371) | (5,735,647) | 1,917,502 | 25,721,200 | (168,456) | (4,720,724) | (88,783) | (3,410,771) |
Institutional 2 Class | ||||||||
Subscriptions | 39,990 | 508,398 | 62,684 | 1,319,886 | 37,422 | 1,099,089 | 45,098 | 1,648,451 |
Distributions reinvested | 8,381 | 94,452 | 44,190 | 726,755 | 39,142 | 975,433 | 77,216 | 2,689,582 |
Redemptions | (17,526) | (213,157) | (81,033) | (1,693,362) | (532,757) | (14,210,642) | (935,896) | (33,189,189) |
Net increase (decrease) | 30,845 | 389,693 | 25,841 | 353,279 | (456,193) | (12,136,120) | (813,582) | (28,851,156) |
Institutional 3 Class | ||||||||
Subscriptions | 96,395 | 1,308,554 | 571,882 | 12,216,299 | 34,451 | 976,028 | 81,741 | 2,892,773 |
Distributions reinvested | 48,296 | 553,480 | 650,390 | 10,837,536 | 20,303 | 505,535 | 41,832 | 1,454,524 |
Redemptions | (1,831,279) | (25,876,602) | (2,150,296) | (47,888,384) | (280,977) | (8,494,990) | (116,418) | (4,145,869) |
Net increase (decrease) | (1,686,588) | (24,014,568) | (928,024) | (24,834,549) | (226,223) | (7,013,427) | 7,155 | 201,428 |
Total net increase (decrease) | (2,516,991) | (33,403,284) | 2,142,034 | 10,790,642 | (1,099,284) | (30,989,806) | (1,157,620) | (41,489,686) |
50 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Thermostat FundSM | Columbia Acorn European FundSM | |||||||
Six Months Ended | Year Ended | Six Months Ended | Year Ended | |||||
June 30, 2022 (Unaudited) | December 31, 2021 | June 30, 2022 (Unaudited) | December 31, 2021 | |||||
Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | Shares | Dollars ($) | |
Capital stock activity | ||||||||
Class A | ||||||||
Subscriptions | 2,917,201 | 46,926,779 | 13,658,871 | 258,098,220 | 352,266 | 9,099,960 | 959,587 | 29,875,035 |
Distributions reinvested | 295,386 | 4,501,676 | 4,372,709 | 75,185,933 | — | — | 3,639 | 114,289 |
Redemptions | (6,526,406) | (103,103,574) | (8,921,161) | (167,460,803) | (603,461) | (14,935,189) | (501,562) | (15,663,044) |
Net increase (decrease) | (3,313,819) | (51,675,119) | 9,110,419 | 165,823,350 | (251,195) | (5,835,229) | 461,664 | 14,326,280 |
Advisor Class | ||||||||
Subscriptions | 1,687,082 | 26,374,857 | 6,093,506 | 114,247,815 | 13,834 | 348,368 | 120,472 | 3,957,317 |
Distributions reinvested | 79,504 | 1,198,923 | 1,338,083 | 22,736,494 | — | — | 388 | 12,325 |
Redemptions | (4,196,890) | (65,255,357) | (4,415,649) | (82,862,865) | (26,473) | (716,381) | (93,445) | (2,989,540) |
Net increase (decrease) | (2,430,304) | (37,681,577) | 3,015,940 | 54,121,444 | (12,639) | (368,013) | 27,415 | 980,102 |
Class C | ||||||||
Subscriptions | 1,326,944 | 21,652,357 | 3,926,971 | 74,641,306 | 14,275 | 400,412 | 69,074 | 2,141,558 |
Distributions reinvested | 88,226 | 1,350,733 | 1,266,735 | 21,949,471 | — | — | — | — |
Redemptions | (2,618,112) | (41,099,315) | (5,444,288) | (102,926,754) | (70,136) | (1,638,375) | (62,866) | (1,823,948) |
Net increase (decrease) | (1,202,942) | (18,096,225) | (250,582) | (6,335,977) | (55,861) | (1,237,963) | 6,208 | 317,610 |
Institutional Class | ||||||||
Subscriptions | 9,207,189 | 144,925,537 | 23,405,839 | 433,982,285 | 423,407 | 11,353,670 | 1,874,052 | 58,837,993 |
Distributions reinvested | 387,628 | 5,802,799 | 6,038,529 | 101,815,509 | — | — | 13,945 | 440,394 |
Redemptions | (15,968,371) | (246,850,009) | (15,840,307) | (291,081,612) | (1,521,597) | (39,591,579) | (557,815) | (17,639,234) |
Net increase (decrease) | (6,373,554) | (96,121,673) | 13,604,061 | 244,716,182 | (1,098,190) | (28,237,909) | 1,330,182 | 41,639,153 |
Institutional 2 Class | ||||||||
Subscriptions | 1,741,357 | 27,474,516 | 8,585,734 | 161,733,267 | 748,087 | 21,606,807 | 965,317 | 31,689,444 |
Distributions reinvested | 83,760 | 1,264,775 | 1,375,116 | 23,468,768 | — | — | 3,676 | 117,489 |
Redemptions | (3,396,441) | (52,564,806) | (7,028,851) | (132,937,074) | (1,288,229) | (32,524,116) | (343,736) | (11,227,611) |
Net increase (decrease) | (1,571,324) | (23,825,515) | 2,931,999 | 52,264,961 | (540,142) | (10,917,309) | 625,257 | 20,579,322 |
Institutional 3 Class | ||||||||
Subscriptions | 129,790 | 2,020,416 | 810,188 | 15,437,620 | 179 | 5,509 | 681 | 21,164 |
Distributions reinvested | 6,389 | 96,286 | 115,933 | 1,952,462 | — | — | 9 | 265 |
Redemptions | (361,216) | (5,796,710) | (156,737) | (2,861,044) | — | — | (1,377) | (41,110) |
Net increase (decrease) | (225,037) | (3,680,008) | 769,384 | 14,529,038 | 179 | 5,509 | (687) | (19,681) |
Total net increase (decrease) | (15,116,980) | (231,080,117) | 29,181,221 | 525,118,998 | (1,957,848) | (46,590,914) | 2,450,039 | 77,822,786 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 51 |
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 investment income | Distributions from net realized gains | Total distributions to shareholders | |
Class A | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $10.01 | (0.02) | (3.64) | (3.66) | — | (0.47) | (0.47) |
Year Ended 12/31/2021 | $12.69 | (0.10) | 1.07 | 0.97 | (0.14) | (3.51) | (3.65) |
Year Ended 12/31/2020 | $11.71 | (0.06) | 3.24 | 3.18 | — | (2.20) | (2.20) |
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) |
Advisor Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $15.37 | (0.02) | (5.61) | (5.63) | — | (0.47) | (0.47) |
Year Ended 12/31/2021 | $17.65 | (0.10) | 1.54 | 1.44 | (0.13) | (3.59) | (3.72) |
Year Ended 12/31/2020 | $15.52 | (0.05) | 4.38 | 4.33 | — | (2.20) | (2.20) |
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) |
Class C(e) | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $13.72 | (0.07) | (4.99) | (5.06) | — | (0.41) | (0.41) |
Year Ended 12/31/2021 | $16.14 | (0.26) | 1.40 | 1.14 | (0.13) | (3.43) | (3.56) |
Year Ended 12/31/2020 | $16.57 | (0.20) | 4.08 | 3.88 | — | (4.31) | (4.31) |
Year Ended 12/31/2019 | $18.75 | (0.20) | 4.74 | 4.54 | — | (6.72) | (6.72) |
Year Ended 12/31/2018 | $26.34 | (0.24) | (0.71) | (0.95) | — | (6.64) | (6.64) |
Year Ended 12/31/2017 | $33.36 | (0.32) | 7.86 | 7.54 | — | (14.56) | (14.56) |
Institutional Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $14.22 | (0.02) | (5.19) | (5.21) | — | (0.47) | (0.47) |
Year Ended 12/31/2021 | $16.60 | (0.09) | 1.43 | 1.34 | (0.13) | (3.59) | (3.72) |
Year Ended 12/31/2020 | $14.70 | (0.04) | 4.14 | 4.10 | — | (2.20) | (2.20) |
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) |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $15.62 | (0.02) | (5.71) | (5.73) | — | (0.47) | (0.47) |
Year Ended 12/31/2021 | $17.88 | (0.10) | 1.57 | 1.47 | (0.13) | (3.60) | (3.73) |
Year Ended 12/31/2020 | $15.69 | (0.04) | 4.43 | 4.39 | — | (2.20) | (2.20) |
Year Ended 12/31/2019 | $13.76 | (0.00)(f) | 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) |
52 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
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 6/30/2022 (Unaudited) | $5.88 | (37.01%)(b) | 1.11%(c) | 1.10%(c) | (0.56%)(c) | 36% | $537,888 |
Year Ended 12/31/2021 | $10.01 | 8.79% | 1.08% | 1.08%(d) | (0.80%) | 75% | $919,643 |
Year Ended 12/31/2020 | $12.69 | 29.18%(b) | 1.11% | 1.11%(d) | (0.56%) | 86% | $983,709 |
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 |
Advisor Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $9.27 | (36.92%)(b) | 0.86%(c) | 0.85%(c) | (0.31%)(c) | 36% | $25,354 |
Year Ended 12/31/2021 | $15.37 | 9.03% | 0.83% | 0.83%(d) | (0.55%) | 75% | $39,676 |
Year Ended 12/31/2020 | $17.65 | 29.44%(b) | 0.86% | 0.86%(d) | (0.30%) | 86% | $44,139 |
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 |
Class C(e) | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $8.25 | (37.22%)(b) | 1.86%(c) | 1.85%(c) | (1.32%)(c) | 36% | $12,511 |
Year Ended 12/31/2021 | $13.72 | 7.95% | 1.83% | 1.83%(d) | (1.54%) | 75% | $24,546 |
Year Ended 12/31/2020 | $16.14 | 28.27%(b) | 1.86% | 1.86%(d) | (1.30%) | 86% | $55,861 |
Year Ended 12/31/2019 | $16.57 | 25.12%(b) | 1.86% | 1.85%(d) | (1.05%) | 101% | $69,471 |
Year Ended 12/31/2018 | $18.75 | (5.86%)(b) | 1.85% | 1.82%(d) | (0.94%) | 66% | $81,149 |
Year Ended 12/31/2017 | $26.34 | 23.88% | 1.84% | 1.83%(d) | (0.88%) | 72% | $246,450 |
Institutional Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $8.54 | (36.95%)(b) | 0.86%(c) | 0.85%(c) | (0.31%)(c) | 36% | $1,990,054 |
Year Ended 12/31/2021 | $14.22 | 8.99% | 0.83% | 0.83%(d) | (0.55%) | 75% | $3,413,006 |
Year Ended 12/31/2020 | $16.60 | 29.51%(b) | 0.86% | 0.86%(d) | (0.30%) | 86% | $3,569,794 |
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 |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $9.42 | (36.97%)(b) | 0.83%(c) | 0.82%(c) | (0.29%)(c) | 36% | $27,694 |
Year Ended 12/31/2021 | $15.62 | 9.09%(b) | 0.80% | 0.80% | (0.52%) | 75% | $52,797 |
Year Ended 12/31/2020 | $17.88 | 29.50%(b) | 0.83% | 0.82% | (0.27%) | 86% | $61,000 |
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 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 53 |
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 investment income | Distributions from net realized gains | Total distributions to shareholders | |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $15.88 | (0.01) | (5.81) | (5.82) | — | (0.47) | (0.47) |
Year Ended 12/31/2021 | $18.12 | (0.09) | 1.60 | 1.51 | (0.14) | (3.61) | (3.75) |
Year Ended 12/31/2020 | $15.87 | (0.04) | 4.49 | 4.45 | — | (2.20) | (2.20) |
Year Ended 12/31/2019 | $13.89 | 0.00(f) | 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) |
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) | Per share amounts have been adjusted on a retroactive basis to reflect a 4 to 1 reverse stock split completed after the close of business on September 11, 2020. |
(f) | Rounds to zero. |
54 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
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 6/30/2022 (Unaudited) | $9.59 | (36.93%)(b) | 0.79%(c) | 0.78%(c) | (0.20%)(c) | 36% | $76,715 |
Year Ended 12/31/2021 | $15.88 | 9.16% | 0.75% | 0.75% | (0.46%) | 75% | $78,955 |
Year Ended 12/31/2020 | $18.12 | 29.54%(b) | 0.78% | 0.78% | (0.25%) | 86% | $155,338 |
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 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 55 |
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 6/30/2022 (Unaudited) | $33.19 | 0.12(b) | (12.04) | (11.92) | — | (0.67) | (0.67) |
Year Ended 12/31/2021 | $34.31 | 0.01 | 4.08 | 4.09 | (0.38) | (4.83) | (5.21) |
Year Ended 12/31/2020 | $34.20 | 0.06 | 4.51 | 4.57 | (0.20) | (4.26) | (4.46) |
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) |
Advisor Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $33.82 | 0.15(b) | (12.27) | (12.12) | — | (0.67) | (0.67) |
Year Ended 12/31/2021 | $34.95 | 0.05 | 4.20 | 4.25 | (0.55) | (4.83) | (5.38) |
Year Ended 12/31/2020 | $34.67 | 0.16 | 4.58 | 4.74 | (0.20) | (4.26) | (4.46) |
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) |
Class C | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $30.07 | 0.01(b) | (10.88) | (10.87) | — | (0.67) | (0.67) |
Year Ended 12/31/2021 | $31.43 | (0.24) | 3.72 | 3.48 | (0.01) | (4.83) | (4.84) |
Year Ended 12/31/2020 | $31.92 | (0.17) | 4.14 | 3.97 | (0.20) | (4.26) | (4.46) |
Year Ended 12/31/2019 | $27.63 | 0.00(h) | 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) |
Institutional Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $33.28 | 0.15(b) | (12.08) | (11.93) | — | (0.67) | (0.67) |
Year Ended 12/31/2021 | $34.47 | 0.10 | 4.09 | 4.19 | (0.55) | (4.83) | (5.38) |
Year Ended 12/31/2020 | $34.25 | 0.14 | 4.54 | 4.68 | (0.20) | (4.26) | (4.46) |
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) |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $33.25 | 0.16(b) | (12.07) | (11.91) | — | (0.67) | (0.67) |
Year Ended 12/31/2021 | $34.46 | 0.12 | 4.09 | 4.21 | (0.59) | (4.83) | (5.42) |
Year Ended 12/31/2020 | $34.22 | 0.16 | 4.54 | 4.70 | (0.20) | (4.26) | (4.46) |
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) |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $33.83 | 0.18(b) | (12.29) | (12.11) | — | (0.67) | (0.67) |
Year Ended 12/31/2021 | $34.99 | 0.15 | 4.14 | 4.29 | (0.62) | (4.83) | (5.45) |
Year Ended 12/31/2020 | $34.67 | 0.19 | 4.59 | 4.78 | (0.20) | (4.26) | (4.46) |
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) |
56 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
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 6/30/2022 (Unaudited) | $20.60 | (36.11%)(c) | 1.28%(d),(e),(f) | 1.23%(d),(e),(f) | 0.91%(d) | 15% | $167,363 |
Year Ended 12/31/2021 | $33.19 | 12.63%(c) | 1.24% | 1.23%(g) | 0.03% | 27% | $282,125 |
Year Ended 12/31/2020 | $34.31 | 14.68%(c) | 1.28%(f) | 1.24%(f),(g) | 0.21% | 55% | $283,478 |
Year Ended 12/31/2019 | $34.20 | 29.56%(c) | 1.27%(f) | 1.24%(f),(g) | 0.76% | 32% | $307,872 |
Year Ended 12/31/2018 | $29.48 | (16.13%)(c) | 1.25%(f) | 1.24%(f),(g) | 0.51% | 32% | $296,349 |
Year Ended 12/31/2017 | $46.51 | 31.91% | 1.23% | 1.20%(g) | 0.56% | 37% | $465,830 |
Advisor Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $21.03 | (36.02%)(c) | 1.03%(d),(e),(f) | 0.98%(d),(e),(f) | 1.14%(d) | 15% | $5,170 |
Year Ended 12/31/2021 | $33.82 | 12.88%(c) | 0.99% | 0.98%(g) | 0.14% | 27% | $9,279 |
Year Ended 12/31/2020 | $34.95 | 14.98%(c) | 1.03%(f) | 0.99%(f),(g) | 0.52% | 55% | $22,549 |
Year Ended 12/31/2019 | $34.67 | 29.86%(c) | 1.02%(f) | 0.99%(f),(g) | 1.00% | 32% | $12,733 |
Year Ended 12/31/2018 | $29.84 | (15.90%)(c) | 1.00%(f) | 0.99%(f),(g) | 0.97% | 32% | $12,740 |
Year Ended 12/31/2017 | $46.95 | 32.21% | 0.98% | 0.98%(g) | 0.81% | 37% | $99,578 |
Class C | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $18.53 | (36.36%)(c) | 2.03%(d),(e),(f) | 1.98%(d),(e),(f) | 0.08%(d) | 15% | $4,910 |
Year Ended 12/31/2021 | $30.07 | 11.76%(c) | 1.99% | 1.98%(g) | (0.74%) | 27% | $10,687 |
Year Ended 12/31/2020 | $31.43 | 13.82%(c) | 2.02%(f) | 1.99%(f),(g) | (0.57%) | 55% | $19,998 |
Year Ended 12/31/2019 | $31.92 | 28.61%(c) | 2.02%(f) | 2.00%(f),(g) | 0.01% | 32% | $18,749 |
Year Ended 12/31/2018 | $27.63 | (16.76%)(c) | 2.00%(f) | 1.99%(f),(g) | (0.11%) | 32% | $22,817 |
Year Ended 12/31/2017 | $44.57 | 30.93% | 1.98% | 1.97%(g) | (0.15%) | 37% | $63,787 |
Institutional Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $20.68 | (36.04%)(c) | 1.03%(d),(e),(f) | 0.98%(d),(e),(f) | 1.15%(d) | 15% | $1,006,566 |
Year Ended 12/31/2021 | $33.28 | 12.89%(c) | 0.99% | 0.98%(g) | 0.28% | 27% | $1,727,042 |
Year Ended 12/31/2020 | $34.47 | 14.99%(c) | 1.03%(f) | 0.99%(f),(g) | 0.46% | 55% | $1,760,927 |
Year Ended 12/31/2019 | $34.25 | 29.89%(c) | 1.02%(f) | 0.99%(f),(g) | 1.01% | 32% | $1,947,995 |
Year Ended 12/31/2018 | $29.51 | (15.93%)(c) | 1.00%(f) | 0.99%(f),(g) | 0.76% | 32% | $1,824,055 |
Year Ended 12/31/2017 | $46.57 | 32.24% | 0.98% | 0.98%(g) | 0.85% | 37% | $3,116,383 |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $20.67 | (36.01%)(c) | 0.99%(d),(e),(f) | 0.92%(d),(e),(f) | 1.25%(d) | 15% | $84,991 |
Year Ended 12/31/2021 | $33.25 | 12.97%(c) | 0.95% | 0.92% | 0.34% | 27% | $126,973 |
Year Ended 12/31/2020 | $34.46 | 15.06%(c) | 0.97%(f) | 0.92%(f) | 0.53% | 55% | $129,576 |
Year Ended 12/31/2019 | $34.22 | 29.95%(c) | 0.97%(f) | 0.93%(f) | 1.06% | 32% | $183,763 |
Year Ended 12/31/2018 | $29.49 | (15.85%)(c) | 0.93%(f) | 0.93%(f) | 0.81% | 32% | $160,488 |
Year Ended 12/31/2017 | $46.54 | 32.27% | 0.93% | 0.93% | 0.87% | 37% | $422,916 |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $21.05 | (35.98%)(c) | 0.94%(d),(e),(f) | 0.88%(d),(e),(f) | 1.36%(d) | 15% | $146,204 |
Year Ended 12/31/2021 | $33.83 | 13.00%(c) | 0.90% | 0.88% | 0.40% | 27% | $179,991 |
Year Ended 12/31/2020 | $34.99 | 15.10%(c) | 0.93%(f) | 0.88%(f) | 0.60% | 55% | $277,614 |
Year Ended 12/31/2019 | $34.67 | 30.04%(c) | 0.92%(f) | 0.89%(f) | 1.12% | 32% | $239,441 |
Year Ended 12/31/2018 | $29.83 | (15.82%)(c) | 0.88%(f) | 0.88%(f) | 1.10% | 32% | $198,933 |
Year Ended 12/31/2017 | $46.95 | 32.36% | 0.88% | 0.88% | 0.89% | 37% | $725,247 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 57 |
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 6/30/2022 (Unaudited) | $33.19 | 0.08(b) | (12.03) | (11.95) | — | (0.67) | (0.67) |
Year Ended 12/31/2021 | $34.24 | (0.08) | 4.07 | 3.99 | (0.21) | (4.83) | (5.04) |
Year Ended 12/31/2020 | $34.22 | (0.01) | 4.49 | 4.48 | (0.20) | (4.26) | (4.46) |
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) |
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) | Net investment income per share includes European Union tax reclaims. The effect of these reclaims amounted to $0.02 per share. |
(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 interest on collateral expense which is less than 0.01%. |
(f) | Ratios include line of credit interest expense which is less than 0.01%. |
(g) | The benefits derived from expense reductions had an impact of less than 0.01%. |
(h) | Rounds to zero. |
58 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
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 6/30/2022 (Unaudited) | $20.57 | (36.20%)(c) | 1.53%(d),(e),(f) | 1.48%(d),(e),(f) | 0.65%(d) | 15% | $2,049 |
Year Ended 12/31/2021 | $33.19 | 12.34%(c) | 1.49% | 1.48%(g) | (0.22%) | 27% | $3,691 |
Year Ended 12/31/2020 | $34.24 | 14.40%(c) | 1.53%(f) | 1.49%(f),(g) | (0.04%) | 55% | $3,398 |
Year Ended 12/31/2019 | $34.22 | 29.21%(c) | 1.52%(f) | 1.50%(f),(g) | 0.19% | 32% | $3,696 |
Year Ended 12/31/2018 | $29.44 | (16.32%)(c) | 1.50%(f) | 1.49%(f),(g) | 0.26% | 32% | $10,049 |
Year Ended 12/31/2017 | $46.51 | 31.58% | 1.49% | 1.48%(g) | 0.46% | 37% | $13,218 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 59 |
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 6/30/2022 (Unaudited) | $10.14 | (0.03) | (3.65) | (3.68) | — | (0.44) | (0.44) |
Year Ended 12/31/2021 | $13.58 | (0.15) | 1.20 | 1.05 | (0.12) | (4.37) | (4.49) |
Year Ended 12/31/2020 | $11.69 | (0.10) | 2.76 | 2.66 | — | (0.77) | (0.77) |
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) |
Advisor Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $16.37 | (0.03) | (5.91) | (5.94) | — | (0.44) | (0.44) |
Year Ended 12/31/2021 | $19.32 | (0.16) | 1.75 | 1.59 | (0.13) | (4.41) | (4.54) |
Year Ended 12/31/2020 | $16.31 | (0.10) | 3.91 | 3.81 | — | (0.80) | (0.80) |
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) |
Class C(f) | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $15.03 | (0.09) | (5.41) | (5.50) | — | (0.43) | (0.43) |
Year Ended 12/31/2021 | $18.14 | (0.34) | 1.64 | 1.30 | (0.13) | (4.28) | (4.41) |
Year Ended 12/31/2020 | $16.47 | (0.25) | 3.60 | 3.35 | — | (1.68) | (1.68) |
Year Ended 12/31/2019 | $18.07 | (0.24) | 5.32 | 5.08 | — | (6.68) | (6.68) |
Year Ended 12/31/2018 | $26.22 | (0.36) | 0.17(g) | (0.19) | — | (7.96) | (7.96) |
Year Ended 12/31/2017 | $40.19 | (0.52) | 7.43 | 6.91 | — | (20.88) | (20.88) |
Institutional Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $14.83 | (0.03) | (5.35) | (5.38) | — | (0.44) | (0.44) |
Year Ended 12/31/2021 | $17.90 | (0.15) | 1.62 | 1.47 | (0.13) | (4.41) | (4.54) |
Year Ended 12/31/2020 | $15.17 | (0.10) | 3.63 | 3.53 | — | (0.80) | (0.80) |
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) |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $16.57 | (0.03) | (5.98) | (6.01) | — | (0.44) | (0.44) |
Year Ended 12/31/2021 | $19.50 | (0.15) | 1.77 | 1.62 | (0.12) | (4.43) | (4.55) |
Year Ended 12/31/2020 | $16.46 | (0.10) | 3.95 | 3.85 | — | (0.81) | (0.81) |
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) |
60 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn USA®
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 6/30/2022 (Unaudited) | $6.02 | (36.70%) | 1.41%(c),(d) | 1.31%(c),(d) | (0.72%)(c) | 67% | $29,916 |
Year Ended 12/31/2021 | $10.14 | 8.74% | 1.40%(d) | 1.39%(d),(e) | (1.03%) | 69% | $53,016 |
Year Ended 12/31/2020 | $13.58 | 23.70% | 1.44% | 1.40%(e) | (0.91%) | 94% | $59,050 |
Year Ended 12/31/2019 | $11.69 | 30.88% | 1.45%(d) | 1.41%(d),(e) | (0.43%) | 91% | $56,578 |
Year Ended 12/31/2018 | $10.28 | (2.15%) | 1.44%(d) | 1.42%(d),(e) | (0.49%) | 86% | $49,179 |
Year Ended 12/31/2017 | $12.48 | 19.14% | 1.44% | 1.43%(e) | (0.55%) | 84% | $47,960 |
Advisor Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $9.99 | (36.53%) | 1.16%(c),(d) | 1.06%(c),(d) | (0.47%)(c) | 67% | $13,856 |
Year Ended 12/31/2021 | $16.37 | 8.92% | 1.15%(d) | 1.14%(d),(e) | (0.78%) | 69% | $24,058 |
Year Ended 12/31/2020 | $19.32 | 24.08% | 1.19% | 1.15%(e) | (0.66%) | 94% | $23,158 |
Year Ended 12/31/2019 | $16.31 | 31.27% | 1.20%(d) | 1.16%(d),(e) | (0.18%) | 91% | $19,202 |
Year Ended 12/31/2018 | $13.77 | (1.91%) | 1.18%(d) | 1.17%(d),(e) | (0.27%) | 86% | $14,579 |
Year Ended 12/31/2017 | $16.08 | 19.42% | 1.21% | 1.20%(e) | (0.31%) | 84% | $16,355 |
Class C(f) | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $9.10 | (36.87%) | 2.16%(c),(d) | 2.07%(c),(d) | (1.50%)(c) | 67% | $811 |
Year Ended 12/31/2021 | $15.03 | 7.85% | 2.15%(d) | 2.14%(d),(e) | (1.78%) | 69% | $1,809 |
Year Ended 12/31/2020 | $18.14 | 22.79% | 2.19% | 2.15%(e) | (1.66%) | 94% | $2,658 |
Year Ended 12/31/2019 | $16.47 | 29.93% | 2.20%(d) | 2.16%(d),(e) | (1.19%) | 91% | $3,195 |
Year Ended 12/31/2018 | $18.07 | (2.92%) | 2.19%(d) | 2.17%(d),(e) | (1.30%) | 86% | $4,608 |
Year Ended 12/31/2017 | $26.22 | 18.30% | 2.19% | 2.19%(e) | (1.31%) | 84% | $9,802 |
Institutional Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $9.01 | (36.55%) | 1.16%(c),(d) | 1.06%(c),(d) | (0.47%)(c) | 67% | $98,797 |
Year Ended 12/31/2021 | $14.83 | 8.95% | 1.15%(d) | 1.14%(d),(e) | (0.78%) | 69% | $169,844 |
Year Ended 12/31/2020 | $17.90 | 24.04% | 1.19% | 1.15%(e) | (0.67%) | 94% | $170,650 |
Year Ended 12/31/2019 | $15.17 | 31.28% | 1.20%(d) | 1.16%(d),(e) | (0.18%) | 91% | $158,696 |
Year Ended 12/31/2018 | $12.90 | (1.98%) | 1.18%(d) | 1.17%(d),(e) | (0.26%) | 86% | $149,048 |
Year Ended 12/31/2017 | $15.21 | 19.44% | 1.16% | 1.16%(e) | (0.27%) | 84% | $189,408 |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $10.12 | (36.52%) | 1.10%(c),(d) | 1.00%(c),(d) | (0.40%)(c) | 67% | $2,309 |
Year Ended 12/31/2021 | $16.57 | 8.99% | 1.11%(d) | 1.08%(d) | (0.71%) | 69% | $3,271 |
Year Ended 12/31/2020 | $19.50 | 24.10% | 1.14% | 1.08% | (0.60%) | 94% | $3,344 |
Year Ended 12/31/2019 | $16.46 | 31.41% | 1.13%(d) | 1.08%(d) | (0.09%) | 91% | $3,806 |
Year Ended 12/31/2018 | $13.87 | (1.89%) | 1.11%(d) | 1.09%(d) | (0.19%) | 86% | $3,332 |
Year Ended 12/31/2017 | $16.21 | 19.56% | 1.08% | 1.08% | (0.17%) | 84% | $10,133 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 61 |
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 6/30/2022 (Unaudited) | $16.84 | (0.04) | (6.08) | (6.12) | — | (0.44) | (0.44) |
Year Ended 12/31/2021 | $19.74 | (0.15) | 1.81 | 1.66 | (0.13) | (4.43) | (4.56) |
Year Ended 12/31/2020 | $16.65 | (0.09) | 4.00 | 3.91 | — | (0.82) | (0.82) |
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) |
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) | Per share amounts have been adjusted on a retroactive basis to reflect a 4 to 1 reverse stock split completed after the close of business on September 11, 2020. |
(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. |
62 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn USA®
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 6/30/2022 (Unaudited) | $10.28 | (36.59%) | 1.04%(c),(d) | 0.99%(c),(d) | (0.52%)(c) | 67% | $13,377 |
Year Ended 12/31/2021 | $16.84 | 9.09% | 1.05%(d) | 1.04%(d) | (0.69%) | 69% | $50,303 |
Year Ended 12/31/2020 | $19.74 | 24.16% | 1.09% | 1.04% | (0.55%) | 94% | $77,304 |
Year Ended 12/31/2019 | $16.65 | 31.45% | 1.08%(d) | 1.03%(d) | (0.05%) | 91% | $67,921 |
Year Ended 12/31/2018 | $14.01 | (1.86%) | 1.06%(d) | 1.04%(d) | (0.11%) | 86% | $55,248 |
Year Ended 12/31/2017 | $16.36 | 19.60% | 1.05% | 1.05% | (0.17%) | 84% | $49,019 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 63 |
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 | Total distributions to shareholders | |
Class A | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $35.43 | 0.10(c) | (12.81) | (12.71) | — | (0.92) | (0.92) |
Year Ended 12/31/2021 | $33.67 | (0.05) | 3.50 | 3.45 | (0.28) | (1.41) | (1.69) |
Year Ended 12/31/2020 | $28.58 | (0.03) | 5.21 | 5.18 | (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) |
Advisor Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $36.35 | 0.13(c) | (13.15) | (13.02) | — | (0.92) | (0.92) |
Year Ended 12/31/2021 | $34.56 | 0.04 | 3.59 | 3.63 | (0.43) | (1.41) | (1.84) |
Year Ended 12/31/2020 | $29.26 | 0.04 | 5.35 | 5.39 | (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) |
Class C | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $31.86 | (0.01)(c) | (11.49) | (11.50) | — | (0.92) | (0.92) |
Year Ended 12/31/2021 | $30.40 | (0.30) | 3.17 | 2.87 | — | (1.41) | (1.41) |
Year Ended 12/31/2020 | $26.00 | (0.23) | 4.72 | 4.49 | (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 | — | — | — |
Institutional Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $36.01 | 0.13(c) | (13.03) | (12.90) | — | (0.92) | (0.92) |
Year Ended 12/31/2021 | $34.25 | 0.04 | 3.56 | 3.60 | (0.43) | (1.41) | (1.84) |
Year Ended 12/31/2020 | $29.00 | 0.03 | 5.31 | 5.34 | (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) |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $36.33 | 0.14(c) | (13.14) | (13.00) | — | (0.92) | (0.92) |
Year Ended 12/31/2021 | $34.57 | 0.06 | 3.60 | 3.66 | (0.49) | (1.41) | (1.90) |
Year Ended 12/31/2020 | $29.24 | 0.08 | 5.34 | 5.42 | (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) |
64 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn International 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 6/30/2022 (Unaudited) | $21.80 | (36.12%) | 1.46%(d),(e) | 1.24%(d),(e) | 0.70%(d) | 11% | $139,580 |
Year Ended 12/31/2021 | $35.43 | 10.49% | 1.44%(e) | 1.23%(e),(f) | (0.15%) | 27% | $235,103 |
Year Ended 12/31/2020 | $33.67 | 18.21% | 1.48% | 1.26%(f) | (0.10%) | 68% | $230,519 |
Year Ended 12/31/2019 | $28.58 | 33.37% | 1.54%(e) | 1.35%(e),(f) | 0.34% | 46% | $37,461 |
Year Ended 12/31/2018 | $23.44 | (12.46%) | 1.54% | 1.40%(f) | 0.20% | 48% | $26,073 |
Year Ended 12/31/2017 | $28.89 | 35.30% | 1.54% | 1.40%(f) | 0.07% | 49% | $26,336 |
Advisor Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $22.41 | (36.06%) | 1.21%(d),(e) | 0.99%(d),(e) | 0.91%(d) | 11% | $1,260 |
Year Ended 12/31/2021 | $36.35 | 10.78% | 1.19%(e) | 0.98%(e),(f) | 0.11% | 27% | $2,462 |
Year Ended 12/31/2020 | $34.56 | 18.51% | 1.23% | 1.02%(f) | 0.12% | 68% | $2,748 |
Year Ended 12/31/2019 | $29.26 | 33.73% | 1.29%(e) | 1.10%(e),(f) | 0.63% | 46% | $2,030 |
Year Ended 12/31/2018 | $24.00 | (12.26%) | 1.29% | 1.15%(f) | 0.31% | 48% | $1,201 |
Year Ended 12/31/2017 | $29.46 | 35.67% | 1.29% | 1.15%(f) | 0.30% | 49% | $1,820 |
Class C | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $19.44 | (36.37%) | 2.21%(d),(e) | 1.99%(d),(e) | (0.05%)(d) | 11% | $1,213 |
Year Ended 12/31/2021 | $31.86 | 9.68% | 2.19%(e) | 1.98%(e),(f) | (0.93%) | 27% | $2,146 |
Year Ended 12/31/2020 | $30.40 | 17.37% | 2.23% | 2.02%(f) | (0.88%) | 68% | $3,251 |
Year Ended 12/31/2019 | $26.00 | 32.31% | 2.29%(e) | 2.10%(e),(f) | (0.42%) | 46% | $2,493 |
Year Ended 12/31/2018 | $21.48 | (13.11%) | 2.28% | 2.15%(f) | (0.43%) | 48% | $2,752 |
Year Ended 12/31/2017 | $26.85 | 34.32% | 2.29% | 2.15%(f) | (0.64%) | 49% | $5,027 |
Institutional Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $22.19 | (36.07%) | 1.21%(d),(e) | 0.99%(d),(e) | 0.96%(d) | 11% | $94,806 |
Year Ended 12/31/2021 | $36.01 | 10.79% | 1.19%(e) | 0.98%(e),(f) | 0.10% | 27% | $159,876 |
Year Ended 12/31/2020 | $34.25 | 18.50% | 1.23% | 1.02%(f) | 0.12% | 68% | $155,133 |
Year Ended 12/31/2019 | $29.00 | 33.71% | 1.29%(e) | 1.10%(e),(f) | 0.59% | 46% | $88,922 |
Year Ended 12/31/2018 | $23.81 | (12.28%) | 1.28% | 1.15%(f) | 0.47% | 48% | $69,413 |
Year Ended 12/31/2017 | $29.25 | 35.70% | 1.29% | 1.15%(f) | 0.36% | 49% | $89,266 |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $22.41 | (36.03%) | 1.09%(d),(e) | 0.89%(d),(e) | 0.96%(d) | 11% | $21,733 |
Year Ended 12/31/2021 | $36.33 | 10.87% | 1.10%(e) | 0.89%(e) | 0.17% | 27% | $51,805 |
Year Ended 12/31/2020 | $34.57 | 18.63% | 1.15% | 0.93% | 0.27% | 68% | $77,420 |
Year Ended 12/31/2019 | $29.24 | 33.82% | 1.22%(e) | 1.00%(e) | 0.65% | 46% | $3,392 |
Year Ended 12/31/2018 | $24.01 | (12.16%) | 1.21% | 1.06% | 0.36% | 48% | $1,200 |
Year Ended 12/31/2017 | $29.44 | 35.72% | 1.22% | 1.08% | 0.41% | 49% | $614 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 65 |
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 | Total distributions to shareholders | |
Institutional 3 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $36.31 | 0.14(c) | (13.13) | (12.99) | — | (0.92) | (0.92) |
Year Ended 12/31/2021 | $34.56 | 0.09 | 3.59 | 3.68 | (0.52) | (1.41) | (1.93) |
Year Ended 12/31/2020 | $29.22 | 0.07 | 5.36 | 5.43 | (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) |
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) | Net investment income per share includes European Union tax reclaims. The effect of these reclaims amounted to $0.02 per share. |
(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%. |
66 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn International 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 6/30/2022 (Unaudited) | $22.40 | (36.02%) | 1.04%(d),(e) | 0.84%(d),(e) | 0.96%(d) | 11% | $12,637 |
Year Ended 12/31/2021 | $36.31 | 10.93% | 1.05%(e) | 0.84%(e) | 0.24% | 27% | $28,694 |
Year Ended 12/31/2020 | $34.56 | 18.67% | 1.09% | 0.89% | 0.24% | 68% | $27,064 |
Year Ended 12/31/2019 | $29.22 | 33.90% | 1.16%(e) | 0.96%(e) | 0.72% | 46% | $13,861 |
Year Ended 12/31/2018 | $24.00 | (12.14%) | 1.14% | 1.02% | 0.58% | 48% | $8,627 |
Year Ended 12/31/2017 | $29.42 | 35.81% | 1.17% | 1.03% | (0.24%) | 49% | $7,732 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 67 |
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 6/30/2022 (Unaudited) | $17.01 | 0.10 | (2.21) | (2.11) | (0.00)(c) | (0.14) | (0.14) |
Year Ended 12/31/2021 | $18.31 | 0.24 | 0.89 | 1.13 | (0.26) | (2.17) | (2.43) |
Year Ended 12/31/2020 | $15.12 | 0.26 | 4.13 | 4.39 | (0.27) | (0.93) | (1.20) |
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) |
Advisor Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $16.81 | 0.12 | (2.19) | (2.07) | (0.00)(c) | (0.14) | (0.14) |
Year Ended 12/31/2021 | $18.12 | 0.28 | 0.88 | 1.16 | (0.30) | (2.17) | (2.47) |
Year Ended 12/31/2020 | $14.97 | 0.36 | 4.04 | 4.40 | (0.32) | (0.93) | (1.25) |
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) |
Class C | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $17.14 | 0.04 | (2.22) | (2.18) | (0.00)(c) | (0.14) | (0.14) |
Year Ended 12/31/2021 | $18.43 | 0.09 | 0.90 | 0.99 | (0.11) | (2.17) | (2.28) |
Year Ended 12/31/2020 | $15.23 | 0.12 | 4.16 | 4.28 | (0.15) | (0.93) | (1.08) |
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) |
Institutional Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $16.69 | 0.12 | (2.17) | (2.05) | (0.00)(c) | (0.14) | (0.14) |
Year Ended 12/31/2021 | $18.01 | 0.28 | 0.87 | 1.15 | (0.30) | (2.17) | (2.47) |
Year Ended 12/31/2020 | $14.88 | 0.31 | 4.07 | 4.38 | (0.32) | (0.93) | (1.25) |
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) |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $16.84 | 0.12 | (2.19) | (2.07) | (0.00)(c) | (0.14) | (0.14) |
Year Ended 12/31/2021 | $18.14 | 0.29 | 0.89 | 1.18 | (0.31) | (2.17) | (2.48) |
Year Ended 12/31/2020 | $14.99 | 0.31 | 4.09 | 4.40 | (0.32) | (0.93) | (1.25) |
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) |
68 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
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 6/30/2022 (Unaudited) | $14.76 | (12.41%) | 0.54%(d),(e) | 0.50%(d),(e) | 1.25%(d) | 23% | $492,916 |
Year Ended 12/31/2021 | $17.01 | 6.16% | 0.54%(e) | 0.50%(e),(f) | 1.26% | 49% | $624,373 |
Year Ended 12/31/2020 | $18.31 | 29.27% | 0.56%(e) | 0.50%(e),(f) | 1.53% | 97% | $505,238 |
Year Ended 12/31/2019 | $15.12 | 14.94% | 0.58%(e) | 0.50%(e),(f) | 1.81% | 158% | $225,113 |
Year Ended 12/31/2018 | $13.85 | (0.13%) | 0.56% | 0.50%(f) | 1.66% | 122% | $193,683 |
Year Ended 12/31/2017 | $14.63 | 5.19% | 0.54% | 0.50%(f) | 1.70% | 33% | $257,752 |
Advisor Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $14.60 | (12.32%) | 0.29%(d),(e) | 0.25%(d),(e) | 1.49%(d) | 23% | $114,073 |
Year Ended 12/31/2021 | $16.81 | 6.43% | 0.29%(e) | 0.25%(e),(f) | 1.51% | 49% | $172,162 |
Year Ended 12/31/2020 | $18.12 | 29.58% | 0.32%(e) | 0.25%(e),(f) | 2.04% | 97% | $130,921 |
Year Ended 12/31/2019 | $14.97 | 15.21% | 0.33%(e) | 0.25%(e),(f) | 2.08% | 158% | $16,208 |
Year Ended 12/31/2018 | $13.72 | 0.12% | 0.31% | 0.25%(f) | 1.91% | 122% | $11,816 |
Year Ended 12/31/2017 | $14.50 | 5.49% | 0.29% | 0.25%(f) | 1.98% | 33% | $16,227 |
Class C | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $14.82 | (12.73%) | 1.29%(d),(e) | 1.25%(d),(e) | 0.51%(d) | 23% | $146,444 |
Year Ended 12/31/2021 | $17.14 | 5.40% | 1.29%(e) | 1.25%(e),(f) | 0.48% | 49% | $189,990 |
Year Ended 12/31/2020 | $18.43 | 28.28% | 1.31%(e) | 1.25%(e),(f) | 0.72% | 97% | $208,937 |
Year Ended 12/31/2019 | $15.23 | 14.02% | 1.33%(e) | 1.25%(e),(f) | 1.05% | 158% | $156,027 |
Year Ended 12/31/2018 | $13.96 | (0.88%) | 1.31% | 1.25%(f) | 0.90% | 122% | $166,292 |
Year Ended 12/31/2017 | $14.74 | 4.48% | 1.29% | 1.25%(f) | 0.96% | 33% | $250,784 |
Institutional Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $14.50 | (12.29%) | 0.29%(d),(e) | 0.25%(d),(e) | 1.50%(d) | 23% | $691,902 |
Year Ended 12/31/2021 | $16.69 | 6.42% | 0.29%(e) | 0.25%(e),(f) | 1.52% | 49% | $902,841 |
Year Ended 12/31/2020 | $18.01 | 29.63% | 0.31%(e) | 0.25%(e),(f) | 1.80% | 97% | $729,119 |
Year Ended 12/31/2019 | $14.88 | 15.14% | 0.33%(e) | 0.25%(e),(f) | 2.06% | 158% | $285,444 |
Year Ended 12/31/2018 | $13.65 | 0.12% | 0.31% | 0.25%(f) | 1.91% | 122% | $253,123 |
Year Ended 12/31/2017 | $14.43 | 5.52% | 0.29% | 0.25%(f) | 1.97% | 33% | $320,483 |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $14.63 | (12.30%) | 0.25%(d),(e) | 0.20%(d),(e) | 1.55%(d) | 23% | $124,083 |
Year Ended 12/31/2021 | $16.84 | 6.53% | 0.25%(e) | 0.20%(e) | 1.53% | 49% | $169,246 |
Year Ended 12/31/2020 | $18.14 | 29.59% | 0.27%(e) | 0.21%(e) | 1.82% | 97% | $129,197 |
Year Ended 12/31/2019 | $14.99 | 15.25% | 0.28%(e) | 0.21%(e) | 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 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 69 |
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 6/30/2022 (Unaudited) | $16.80 | 0.12 | (2.18) | (2.06) | (0.00)(c) | (0.14) | (0.14) |
Year Ended 12/31/2021 | $18.11 | 0.36 | 0.82 | 1.18 | (0.32) | (2.17) | (2.49) |
Year Ended 12/31/2020 | $14.96 | 0.33 | 4.08 | 4.41 | (0.33) | (0.93) | (1.26) |
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) |
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) | Rounds to zero. |
(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%. |
70 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
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 6/30/2022 (Unaudited) | $14.60 | (12.27%) | 0.21%(d),(e) | 0.16%(d),(e) | 1.57%(d) | 23% | $10,256 |
Year Ended 12/31/2021 | $16.80 | 6.52% | 0.21%(e) | 0.17%(e) | 1.94% | 49% | $15,581 |
Year Ended 12/31/2020 | $18.11 | 29.69% | 0.24%(e) | 0.17%(e) | 1.89% | 97% | $2,862 |
Year Ended 12/31/2019 | $14.96 | 15.24% | 0.25%(e) | 0.16%(e) | 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 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 71 |
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 6/30/2022 (Unaudited) | $33.33 | 0.11 | (13.16) | (13.05) | — | — |
Year Ended 12/31/2021 | $27.49 | (0.14) | 6.04 | 5.90 | (0.06) | (0.06) |
Year Ended 12/31/2020 | $22.52 | (0.12) | 5.22 | 5.10 | (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) |
Advisor Class | ||||||
Six Months Ended 6/30/2022 (Unaudited) | $33.68 | 0.14 | (13.30) | (13.16) | — | — |
Year Ended 12/31/2021 | $27.78 | (0.10) | 6.13 | 6.03 | (0.13) | (0.13) |
Year Ended 12/31/2020 | $22.70 | (0.06) | 5.27 | 5.21 | (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) |
Class C | ||||||
Six Months Ended 6/30/2022 (Unaudited) | $32.35 | 0.01 | (12.76) | (12.75) | — | — |
Year Ended 12/31/2021 | $26.83 | (0.36) | 5.88 | 5.52 | — | — |
Year Ended 12/31/2020 | $22.15 | (0.27) | 5.08 | 4.81 | (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) |
Institutional Class | ||||||
Six Months Ended 6/30/2022 (Unaudited) | $33.51 | 0.13 | (13.23) | (13.10) | — | — |
Year Ended 12/31/2021 | $27.64 | (0.06) | 6.06 | 6.00 | (0.13) | (0.13) |
Year Ended 12/31/2020 | $22.59 | (0.06) | 5.24 | 5.18 | (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) |
Institutional 2 Class | ||||||
Six Months Ended 6/30/2022 (Unaudited) | $33.92 | 0.08 | (13.33) | (13.25) | — | — |
Year Ended 12/31/2021 | $27.98 | (0.12) | 6.21 | 6.09 | (0.15) | (0.15) |
Year Ended 12/31/2020 | $22.84 | (0.05) | 5.32 | 5.27 | (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) |
72 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
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 6/30/2022 (Unaudited) | $20.28 | (39.15%) | 1.72%(c),(d) | 1.45%(c),(d) | 0.86%(c) | 22% | $35,287 |
Year Ended 12/31/2021 | $33.33 | 21.47% | 1.63%(d) | 1.44%(d),(e) | (0.45%) | 21% | $66,374 |
Year Ended 12/31/2020 | $27.49 | 22.80% | 1.86%(d) | 1.45%(d) | (0.54%) | 45% | $42,059 |
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 |
Advisor Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $20.52 | (39.07%) | 1.47%(c),(d) | 1.20%(c),(d) | 1.12%(c) | 22% | $1,619 |
Year Ended 12/31/2021 | $33.68 | 21.75% | 1.37%(d) | 1.19%(d),(e) | (0.32%) | 21% | $3,083 |
Year Ended 12/31/2020 | $27.78 | 23.10% | 1.61%(d) | 1.20%(d) | (0.29%) | 45% | $1,781 |
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 |
Class C | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $19.60 | (39.41%) | 2.47%(c),(d) | 2.20%(c),(d) | 0.07%(c) | 22% | $3,195 |
Year Ended 12/31/2021 | $32.35 | 20.57% | 2.39%(d) | 2.19%(d),(e) | (1.20%) | 21% | $7,078 |
Year Ended 12/31/2020 | $26.83 | 21.87% | 2.61%(d) | 2.20%(d) | (1.27%) | 45% | $5,705 |
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 |
Institutional Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $20.41 | (39.09%) | 1.46%(c),(d) | 1.20%(c),(d) | 1.02%(c) | 22% | $45,478 |
Year Ended 12/31/2021 | $33.51 | 21.76% | 1.38%(d) | 1.19%(d),(e) | (0.21%) | 21% | $111,462 |
Year Ended 12/31/2020 | $27.64 | 23.08% | 1.61%(d) | 1.20%(d) | (0.29%) | 45% | $55,171 |
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 |
Institutional 2 Class | |||||||
Six Months Ended 6/30/2022 (Unaudited) | $20.67 | (39.06%) | 1.37%(c),(d) | 1.14%(c),(d) | 0.60%(c) | 22% | $4,606 |
Year Ended 12/31/2021 | $33.92 | 21.80% | 1.32%(d) | 1.14%(d) | (0.38%) | 21% | $25,882 |
Year Ended 12/31/2020 | $27.98 | 23.23% | 1.58%(d) | 1.14%(d) | (0.24%) | 45% | $3,855 |
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 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 73 |
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 6/30/2022 (Unaudited) | $33.38 | 0.16 | (13.20) | (13.04) | — | — |
Year Ended 12/31/2021 | $27.54 | (0.05) | 6.05 | 6.00 | (0.16) | (0.16) |
Year Ended 12/31/2020 | $22.48 | (0.02) | 5.21 | 5.19 | (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(f) | $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) | Institutional 3 Class shares commenced operations on March 1, 2017. Per share data and total return reflect activity from that date. |
74 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
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 6/30/2022 (Unaudited) | $20.34 | (39.07%) | 1.39%(c),(d) | 1.11%(c),(d) | 1.31%(c) | 22% | $40 |
Year Ended 12/31/2021 | $33.38 | 21.83% | 1.32%(d) | 1.10%(d) | (0.15%) | 21% | $60 |
Year Ended 12/31/2020 | $27.54 | 23.24% | 1.52%(d) | 1.10%(d) | (0.08%) | 45% | $69 |
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(f) | $19.17 | 29.55% | 1.58%(c) | 1.09%(c) | 0.17%(c) | 34% | $210 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 75 |
June 30, 2022 (Unaudited)
76 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
June 30, 2022 (Unaudited)
Columbia Acorn Family of Funds | Semiannual Report 2022 | 77 |
June 30, 2022 (Unaudited)
Liability derivatives | ||
Risk exposure category | Statement of assets and liabilities location | Fair value ($) |
Equity risk | Component of total distributable earnings (loss) — unrealized depreciation on futures contracts | 70,918* |
* | 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 ($) |
Equity risk | (6,165,919) |
Change in unrealized appreciation (depreciation) on derivatives recognized in income | |
Risk exposure category | Futures contracts ($) |
Equity risk | (70,918) |
Derivative instrument | Average notional amounts ($)* |
Futures contracts — long | 22,988,548 |
* | Based on the ending quarterly outstanding amounts for the six months ended June 30, 2022. |
78 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
June 30, 2022 (Unaudited)
Columbia Acorn Family of Funds | Semiannual Report 2022 | 79 |
June 30, 2022 (Unaudited)
Columbia Acorn® Fund | Columbia Acorn International® | Columbia Acorn USA® | Columbia Acorn European FundSM | |
Goldman Sachs ($) | Goldman Sachs ($) | Goldman Sachs ($) | Goldman Sachs ($) | |
Liabilities | ||||
Collateral on Securities Loaned | 60,229,300 | 19,430,317 | 2,215,850 | 1,156,220 |
Total Liabilities | 60,229,300 | 19,430,317 | 2,215,850 | 1,156,220 |
Total Financial and Derivative Net Assets | (60,229,300) | (19,430,317) | (2,215,850) | (1,156,220) |
Financial Instruments | 57,494,370 | 18,535,548 | 2,083,714 | 1,104,308 |
Net Amount (a) | (2,734,930) | (894,769) | (132,136) | (51,912) |
(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 | $57,494,370 | $— | $— | $— | $57,494,370 |
Gross amount of recognized liabilities for securities lending (collateral received) | 60,229,300 | ||||
Amounts due to counterparty in the event of default | $2,734,930 | ||||
Columbia Acorn International® | |||||
Securities lending transactions | |||||
Equity securities | $18,535,548 | $— | $— | $— | $18,535,548 |
Gross amount of recognized liabilities for securities lending (collateral received) | 19,430,317 | ||||
Amounts due to counterparty in the event of default | $894,769 | ||||
Columbia Acorn USA® | |||||
Securities lending transactions | |||||
Equity securities | $2,083,714 | $— | $— | $— | $2,083,714 |
Gross amount of recognized liabilities for securities lending (collateral received) | 2,215,850 | ||||
Amounts due to counterparty in the event of default | $132,136 | ||||
Columbia Acorn European FundSM | |||||
Securities lending transactions | |||||
Equity securities | $1,104,308 | $— | $— | $— | $1,104,308 |
Gross amount of recognized liabilities for securities lending (collateral received) | 1,156,220 | ||||
Amounts due to counterparty in the event of default | $51,912 |
80 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
June 30, 2022 (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 Family of Funds | Semiannual Report 2022 | 81 |
June 30, 2022 (Unaudited)
Columbia Acorn USA® | |
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 SelectSM | |
Average daily net assets | Annual fee rate |
Up to $500 million | 0.89% |
$500 million and over | 0.85% |
Columbia Thermostat FundSM | |
Annual fee rate | |
All average daily net assets | 0.10% |
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® | 0.81 |
Columbia Acorn USA® | 0.88 |
Columbia Acorn International SelectSM | 0.89 |
Columbia Thermostat FundSM | 0.10 |
Columbia Acorn European FundSM | 1.11 |
82 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
June 30, 2022 (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% |
$45 billion and over | 0.015% |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 83 |
June 30, 2022 (Unaudited)
Fund | Class A (%) | Advisor Class (%) | Class C (%) | Institutional Class (%) | Institutional 2 Class (%) | Institutional 3 Class (%) | Class R (%) |
Columbia Acorn® Fund | 0.08 | 0.08 | 0.08 | 0.08 | 0.05 | 0.01 | — |
Columbia Acorn International® | 0.10 | 0.10 | 0.10 | 0.10 | 0.04 | 0.00 | 0.10 |
Columbia Acorn USA® | 0.10 | 0.10 | 0.10 | 0.10 | 0.05 | 0.00 | — |
Columbia Acorn International SelectSM | 0.17 | 0.17 | 0.17 | 0.17 | 0.06 | 0.01 | — |
Columbia Thermostat FundSM | 0.10 | 0.10 | 0.10 | 0.10 | 0.05 | 0.01 | — |
Columbia Acorn European FundSM | 0.11 | 0.11 | 0.11 | 0.11 | 0.04 | 0.00 | — |
84 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
June 30, 2022 (Unaudited)
Front End (%) | CDSC (%) | Amount ($) | ||||
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) | 58,274 | 315 |
Columbia Acorn International® | 5.75 | — | 0.50 - 1.00(a) | 1.00(b) | 25,686 | 296 |
Columbia Acorn USA® | 5.75 | — | 0.50 - 1.00(a) | 1.00(b) | 5,964 | 63 |
Columbia Acorn International SelectSM | 5.75 | — | 0.50 - 1.00(a) | 1.00(b) | 14,375 | — |
Columbia Thermostat FundSM | 5.75 | — | 0.50 - 1.00(a) | 1.00(b) | 295,808 | 22,901 |
Columbia Acorn European FundSM | 5.75 | — | 0.50 - 1.00(a) | 1.00(b) | 26,081 | 71 |
(a) | This charge is imposed on certain investments of between $1 million and $50 million redeemed within 18 months after purchase, as follows: 1.00% if redeemed within 12 months after purchase, and 0.50% if redeemed more than 12, but less than 18, months after purchase, with certain limited exceptions. |
(b) | This charge applies to redemptions within 12 months after purchase, with certain limited exceptions. |
Fund | Class A | Advisor Class | Class C | Institutional Class | Institutional 2 Class | Institutional 3 Class |
Columbia Acorn® Fund | 1.11% | 0.86% | 1.86% | 0.86% | 0.84% | 0.79% |
Fund | Class A | Advisor Class | Class C | Institutional Class | Institutional 2 Class | Institutional 3 Class | Class R |
Columbia Acorn International® | 1.23% | 0.98% | 1.98% | 0.98% | 0.92% | 0.88% | 1.48% |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 85 |
June 30, 2022 (Unaudited)
Fund | Class A | Advisor Class | Class C | Institutional Class | Institutional 2 Class | Institutional 3 Class | |
Columbia Acorn USA® | 1.08% | 0.83% | 1.83% | 0.83% | 0.81% | 0.76% |
Fund | Class A | Advisor Class | Class C | Institutional Class | Institutional 2 Class | Institutional 3 Class | |
Columbia Acorn International SelectSM | 1.24% | 0.99% | 1.99% | 0.99% | 0.89% | 0.84% |
86 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
June 30, 2022 (Unaudited)
Fund | Class A | Advisor Class | Class C | Institutional Class | Institutional 2 Class | Institutional 3 Class | |
Columbia Thermostat FundSM | 0.50% | 0.25% | 1.25% | 0.25% | 0.20% | 0.16% |
Fund | Class A | Advisor Class | Class C | Institutional Class | Institutional 2 Class | Institutional 3 Class | |
Columbia Acorn European FundSM | 1.45% | 1.20% | 2.20% | 1.20% | 1.14% | 1.11% |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 87 |
June 30, 2022 (Unaudited)
Fund | Tax cost ($) | Gross unrealized appreciation ($) | Gross unrealized (depreciation) ($) | Net unrealized appreciation (depreciation) ($) |
Columbia Acorn® Fund | 3,049,300,000 | 265,784,000 | (594,437,000) | (328,653,000) |
Columbia Acorn International® | 1,370,255,000 | 261,424,000 | (202,973,000) | 58,451,000 |
Columbia Acorn USA® | 181,419,000 | 16,063,000 | (36,493,000) | (20,430,000) |
Columbia Acorn International SelectSM | 282,988,000 | 31,687,000 | (45,706,000) | (14,019,000) |
Columbia Thermostat FundSM | 1,741,404,000 | 4,373,000 | (168,860,000) | (164,487,000) |
Columbia Acorn European FundSM | 86,711,000 | 17,293,000 | (12,724,000) | 4,569,000 |
Fund | No expiration short-term ($) | No expiration long-term ($) | Total ($) |
Columbia Acorn International® | (47,476,543) | (26,269,099) | (73,745,642) |
Columbia Acorn European FundSM | (2,471,500) | — | (2,471,500) |
Fund | Late year ordinary losses ($) | Post-October capital losses ($) |
Columbia Acorn International® | — | 4,464,242 |
Columbia Acorn International SelectSM | 239,817 | — |
Purchases ($) | Proceeds from sales ($) | |
Columbia Acorn® Fund | 1,239,050,336 | 1,481,571,670 |
Columbia Acorn International® | 275,842,523 | 371,499,144 |
Columbia Acorn USA® | 144,917,227 | 183,806,338 |
Columbia Acorn International SelectSM | 39,464,519 | 79,487,520 |
Columbia Thermostat FundSM | 433,647,427 | 659,331,895 |
Columbia Acorn European FundSM | 32,535,368 | 75,860,940 |
88 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
June 30, 2022 (Unaudited)
Fund | Average loan balance ($) | Weighted average interest rate (%) | Days outstanding |
Columbia Acorn International® | 1,300,000 | 1.16 | 1 |
Columbia Acorn USA® | 14,700,000 | 1.16 | 1 |
Columbia Acorn International SelectSM | 2,350,000 | 1.16 | 2 |
Columbia Thermostat FundSM | 2,078,947 | 1.93 | 19 |
Columbia Acorn European FundSM | 6,130,000 | 1.26 | 10 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 89 |
June 30, 2022 (Unaudited)
90 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
June 30, 2022 (Unaudited)
Columbia Acorn Family of Funds | Semiannual Report 2022 | 91 |
June 30, 2022 (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 | 11.2 | — |
Columbia Acorn USA® | 1 | 10.0 | — |
Columbia Acorn International SelectSM | 1 | 13.0 | 25.6 |
Columbia Thermostat FundSM | 2 | 24.5 | 22.0 |
Columbia Acorn European FundSM | 2 | 27.7 | 28.6 |
92 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
(Unaudited)
• | each Fund had sufficient liquidity to both meet redemptions and operate effectively on behalf of 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; |
• | each Fund did not require a highly liquid investment minimum; and |
• | the Program operated adequately during the period. |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 93 |
(Unaudited)
94 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
(Unaudited)
Columbia Acorn Family of Funds | Semiannual Report 2022 | 95 |
(Unaudited)
96 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
(Unaudited)
Columbia Acorn Family of Funds | Semiannual Report 2022 | 97 |
(Unaudited)
98 | Columbia Acorn Family of Funds | Semiannual Report 2022 |
Columbia Acorn Family of Funds | Semiannual Report 2022 | 99 |
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, 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.
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/ Daniel J. Beckman | _______ | |||
|
|
|
| Daniel J. Beckman, Co-President and Principal Executive Officer | |
Date |
| August 22, 2022 |
|
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/ Daniel J. Beckman | ||||
|
|
| Daniel J. Beckman, Co-President and Principal Executive Officer |
| |
Date |
| August 22, 2022 |
| ||
By (Signature and Title) | /s/ Michael G. Clarke | ||||
|
|
| Michael G. Clarke, Treasurer and Principal Accounting and Financial Officer | ||
Date |
| August 22, 2022 |
|