Columbia Balanced Fund (CBALX) NPORT-P Columbia Balanced Fund (Nov 2023 report)

COLUMBIA BALANCED FUND

Not FDIC or NCUA Insured • No Financial Institution Guarantee • May Lose Value    

PORTFOLIO OF INVESTMENTS

Columbia Balanced Fund, November 30, 2023 (Unaudited)

(Percentages represent value of investments compared to net assets)

Investments in securities

Asset-Backed Securities — Non-Agency 6.6%
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
ACHV ABS TRUST(a)
Series 2023-3PL Class A
08/19/2030		6.600	%		5,724,198		5,721,634
Subordinated Series 2023-3PL Class B
08/19/2030		7.170	%		2,550,000		2,556,835
ACM Auto Trust(a)
Subordinated Series 2022-1A Class C
04/20/2029		5.480	%		351,296		350,894
Affirm Asset Securitization Trust(a)
Series 2022-A Class 1A
05/17/2027		4.300	%		4,225,000		4,147,559
Series 2023-B Class A
09/15/2028		6.820	%		8,400,000		8,451,867
Series 2023-X1 Class A
11/15/2028		7.110	%		6,100,000		6,103,257
ALM Ltd.(a),(b)
Series 2022-20A Class A2
3-month Term SOFR + 2.000%
Floor 2.000%
07/15/2037		7.394	%		8,450,000		8,416,944
American Credit Acceptance Receivables Trust(a)
Series 2020-1 Class D
03/13/2026		2.390	%		1,868,467		1,864,157
Subordinated Series 2021-1 Class C
03/15/2027		0.830	%		608,574		606,557
Subordinated Series 2021-2 Class E
07/13/2027		2.540	%		3,850,000		3,697,207
Subordinated Series 2022-2 Class C
06/13/2028		4.410	%		3,600,000		3,561,533
Subordinated Series 2023-3 Class C
10/12/2029		6.440	%		10,050,000		10,078,801
Apidos CLO XI(a),(b)
Series 2012-11A Class BR3
3-month Term SOFR + 1.912%
Floor 1.650%
04/17/2034		7.314	%		12,575,000		12,478,462
Apidos CLO XXVIII(a),(b)
Series 2017-28A Class A1B
3-month Term SOFR + 1.412%
Floor 1.150%
01/20/2031		6.827	%		5,925,000		5,789,922
Aqua Finance Trust(a)
Series 2021-A Class A
07/17/2046		1.540	%		2,964,677		2,610,875

Asset-Backed Securities — Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
ARES XLVII CLO Ltd.(a),(b)
Series 2018-47A Class B
3-month Term SOFR + 1.712%
Floor 1.450%
04/15/2030		7.106	%		3,450,000		3,401,748
Avant Loans Funding Trust(a)
Subordinated Series 2021-REV1 Class C
07/15/2030		2.300	%		2,100,000		2,005,092
Bain Capital Credit CLO Ltd.(a),(b)
Series 2021-7A Class B
3-month Term SOFR + 1.912%
Floor 1.650%
01/22/2035		7.324	%		15,750,000		15,511,624
Ballyrock CLO Ltd.(a),(b)
Series 2018-1A Class A1
3-month Term SOFR + 1.262%
04/20/2031		6.677	%		2,920,153		2,909,524
Barings CLO Ltd.(a),(b)
Series 2018-4A Class B
3-month Term SOFR + 1.962%
Floor 1.700%
10/15/2030		7.356	%		22,000,000		21,847,958
Basswood Park CLO Ltd.(a),(b)
Series 2021-1A Class A
3-month Term SOFR + 1.262%
Floor 1.000%
04/20/2034		6.677	%		6,725,000		6,678,813
Carbone CLO Ltd.(a),(b)
Series 2017-1A Class A1
3-month Term SOFR + 1.402%
Floor 1.140%
01/20/2031		6.817	%		10,429,977		10,419,484
Carlyle CLO Ltd.(a),(b)
Series C17A Class CR
3-month Term SOFR + 3.062%
Floor 2.800%
04/30/2031		8.452	%		1,925,000		1,860,228
Carlyle Group LP(a),(b)
Series 2017-5A Class A2
3-month Term SOFR + 1.662%
01/20/2030		7.077	%		2,000,000		1,975,444
Carmax Auto Owner Trust
Subordinated Series 2021-1 Class C
12/15/2026		0.940	%		1,650,000		1,534,627
Cascade Funding Mortgage Trust(a)
CMO Series 2021-GRN1 Class A
03/20/2041		1.100	%		8,354,126		7,856,999

2    Columbia Balanced Fund | First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Asset-Backed Securities — Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Drive Auto Receivables Trust
Subordinated Series 2020-2 Class D
05/15/2028		3.050	%		1,579,478		1,557,921
Subordinated Series 2021-2 Class D
03/15/2029		1.390	%		22,110,000		20,727,698
Dryden CLO Ltd.(a),(b)
Series 2018-55A Class A1
3-month Term SOFR + 1.282%
04/15/2031		6.676	%		8,166,431		8,151,552
Dryden Senior Loan Fund(a),(b)
Series 2016-42A Class BR
3-month Term SOFR + 1.812%
07/15/2030		7.206	%		6,025,000		5,936,692
DT Auto Owner Trust(a)
Series 2020-2A Class D
03/16/2026		4.730	%		3,235,000		3,215,268
Subordinated Series 2020-1A Class D
11/17/2025		2.550	%		5,003,328		4,939,606
Subordinated Series 2020-3A Class D
06/15/2026		1.840	%		6,125,000		5,900,552
Ent Auto Receivables Trust(a)
Series 2023-1A Class A2
08/16/2027		6.220	%		8,375,000		8,389,732
Exeter Automobile Receivables Trust(a)
Series 2019-4A Class D
09/15/2025		2.580	%		2,717,259		2,683,297
Subordinated Series 2020-1A Class D
12/15/2025		2.730	%		2,796,706		2,753,750
Subordinated Series 2020-2A Class D
04/15/2026		4.730	%		1,196,198		1,189,683
Exeter Automobile Receivables Trust
Subordinated Series 2020-3A Class D
07/15/2026		1.730	%		2,470,737		2,436,093
Subordinated Series 2021-1A Class D
11/16/2026		1.080	%		7,752,000		7,445,487
Subordinated Series 2021-3A Class D
06/15/2027		1.550	%		27,330,000		25,514,542
Ford Credit Auto Owner Trust(a)
Series 2021-2 Class A
05/15/2034		1.530	%		15,305,000		13,689,660
Series 2022-1 Class A
11/15/2034		3.880	%		21,500,000		20,374,284
Foundation Finance Trust(a)
Series 2019-1A Class A
11/15/2034		3.860	%		400,017		396,223
Foursight Capital Automobile Receivables Trust(a)
Subordinated Series 2021-1 Class D
03/15/2027		1.320	%		5,075,000		4,915,396

Asset-Backed Securities — Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Freed ABS Trust(a)
Subordinated Series 2021-1CP Class C
03/20/2028		2.830	%		177,582		176,329
FREED ABS Trust(a)
Subordinated Series 2022-3FP Class B
08/20/2029		5.790	%		1,529,281		1,526,416
GLS Auto Receivables Issuer Trust(a)
Subordinated Series 2019-4A Class C
08/15/2025		3.060	%		1,377,280		1,370,025
Subordinated Series 2020-1A Class C
11/17/2025		2.720	%		2,304,573		2,291,989
GoldentTree Loan Management US CLO 1 Ltd.(a),(b)
Series 2021-10A Class A
3-month Term SOFR + 1.362%
Floor 1.100%
07/20/2034		6.777	%		9,175,000		9,135,593
Hertz Vehicle Financing LLC(a)
Series 2021-1A Class A
12/26/2025		1.210	%		9,606,000		9,220,063
Hilton Grand Vacations Trust(a)
Series 2018-AA Class A
02/25/2032		3.540	%		772,550		747,080
Series 2019-AA Class A
07/25/2033		2.340	%		1,852,316		1,737,306
LendingPoint Asset Securitization Trust(a)
Subordinated Series 2020-REV1 Class B
10/15/2028		4.494	%		8,155,925		8,100,354
LL ABS Trust(a)
Series 2021-1A Class A
05/15/2029		1.070	%		512,607		505,842
Madison Park Funding XLVIII Ltd.(a),(b)
Series 2021-48A Class A
3-month Term SOFR + 1.412%
Floor 1.150%
04/19/2033		6.808	%		3,025,000		3,020,559
Madison Park Funding XXXIII Ltd.(a),(b)
Series 2019-33A Class BR
3-month Term SOFR + 1.800%
Floor 1.800%
10/15/2032		7.194	%		16,325,000		16,110,196
Magnetite XII Ltd.(a),(b)
Series 2015-12A Class ARR
3-month Term SOFR + 1.362%
Floor 1.100%
10/15/2031		6.756	%		13,830,000		13,771,416
Octagon Investment Partners 39 Ltd.(a),(b)
Series 2018-3A Class B
3-month Term SOFR + 2.112%
Floor 1.650%
10/20/2030		7.527	%		22,575,000		22,354,217

Columbia Balanced Fund | First Quarter Report 2023    3

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Asset-Backed Securities — Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
OHA Credit Funding Ltd.(a),(b)
Series 2021-8A Class A
3-month Term SOFR + 1.452%
Floor 1.190%
01/18/2034		6.847	%		4,025,000		4,022,323
OneMain Financial Issuance Trust(a)
Series 2023-2A Class A1
09/15/2036		5.840	%		22,150,000		22,001,385
Pagaya AI Debt Selection Trust(a)
Series 2021-5 Class A
08/15/2029		1.530	%		802,526		797,175
Series 2021-HG1 Class A
01/16/2029		1.220	%		2,831,991		2,743,541
Pagaya AI Debt Trust(a)
Series 2022-1 Class A
10/15/2029		2.030	%		13,908,912		13,683,737
Series 2022-2 Class A
01/15/2030		4.970	%		869,593		862,279
Series 2023-1 Class A
07/15/2030		7.556	%		8,624,397		8,647,278
Series 2023-5 Class A
04/15/2031		7.179	%		10,709,446		10,725,314
Subordinated Series 2022-1 Class B
10/15/2029		3.344	%		4,324,428		4,126,249
Pagaya AI Debt Trust(a),(c)
Subordinated Series 2023-7 Class AB
07/15/2031		0.000	%		8,050,000		8,059,647
Palmer Square Loan Funding Ltd.(a),(b)
Series 2021-4A Class B
3-month Term SOFR + 2.012%
Floor 1.750%
10/15/2029		7.406	%		10,000,000		9,955,760
Prosper Marketplace Issuance Trust(a)
Series 2023-1A Class A
07/16/2029		7.060	%		4,708,524		4,716,513
Race Point IX CLO Ltd.(a),(b)
Series 2015-9A Class A2R
3-month Term SOFR + 0.712%
Floor 1.450%
10/15/2030		6.106	%		12,200,000		11,970,518
Redding Ridge Asset Management Ltd.(a),(b)
Series 2018-4A Class A2
3-month Term SOFR + 1.812%
04/15/2030		7.206	%		3,000,000		2,970,804
Research-Driven Pagaya Motor Asset Trust IV(a)
Series 2021-2A Class A
03/25/2030		2.650	%		3,586,472		3,238,905
Santander Consumer Auto Receivables Trust(a)
Subordinated Series 2021-AA Class C
11/16/2026		1.030	%		1,275,000		1,196,579

Asset-Backed Securities — Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Subordinated Series 2021-AA Class D
01/15/2027		1.570	%		1,050,000		975,081
Santander Drive Auto Receivables Trust
Series 2020-2 Class D
09/15/2026		2.220	%		2,554,710		2,518,551
SCF Equipment Leasing LLC(a)
Series 2019-2A Class B
08/20/2026		2.760	%		3,597,261		3,579,180
Series 2020-1A Class C
08/21/2028		2.600	%		4,850,000		4,647,179
Theorem Funding Trust(a)
Series 2023-1A Class A
04/15/2029		7.580	%		2,656,527		2,669,029
Subordinated Series 2021-1A Class B
12/15/2027		1.840	%		2,673,599		2,646,793
Upstart Pass-Through Trust(a)
Series 2021-ST10 Class A
01/20/2030		2.250	%		7,023,695		6,897,742
Series 2021-ST2 Class A
04/20/2027		2.500	%		419,243		404,781
Series 2021-ST7 Class A
09/20/2029		1.850	%		610,502		606,666
Series 2021-ST9 Class A
11/20/2029		1.700	%		724,491		707,522
Upstart Securitization Trust(a)
Series 2020-2 Class A
11/20/2030		2.309	%		650,556		649,220
Subordinated Series 2021-2 Class B
06/20/2031		1.750	%		1,157,000		1,146,943
Subordinated Series 2021-3 Class B
07/20/2031		1.660	%		2,226,587		2,192,512
Upstart Structured Pass-Through Trust(a)
Series 2022-1A Class A
04/15/2030		3.400	%		4,043,786		3,952,643
VSE Voi Mortgage LLC(a)
Series 2018-A Class A
02/20/2036		3.560	%		896,345		873,362
Westlake Automobile Receivables Trust(a)
Subordinated Series 2021-3 Class C
01/15/2027		1.580	%		12,396,000		11,929,157
Total Asset-Backed Securities — Non-Agency
(Cost $546,420,160)							538,837,234
Commercial Mortgage-Backed Securities—Non-Agency 4.1%
AMSR Trust(a)
Subordinated Series 2020-SFR2 Class C
07/17/2037		2.533	%		2,799,000		2,604,288

4    Columbia Balanced Fund | First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Commercial Mortgage-Backed Securities - Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)			Value ($)
Ashford Hospitality Trust(a),(b)
Series 2018-KEYS Class B
1-month Term SOFR + 1.497%
Floor 1.450%
05/15/2035		6.820	%		16,800,000			16,464,192
BBCMS Trust(a),(b)
Subordinated Series 2018-BXH Class B
1-month Term SOFR + 1.364%
Floor 1.250%
10/15/2037		6.687	%		7,370,000			7,157,671
Subordinated Series 2018-BXH Class C
1-month Term SOFR + 1.614%
Floor 1.500%
10/15/2037		6.937	%		3,975,000			3,889,784
BB-UBS Trust(a)
Series 2012-SHOW Class A
11/05/2036		3.430	%		8,475,000			7,840,089
BHMS Mortgage Trust(a),(b)
Series 2018-ATLS Class A
1-month Term SOFR + 1.364%
Floor 1.250%
07/15/2035		6.688	%		14,823,000			14,650,336
BX Commercial Mortgage Trust(a),(b)
Series 2019-XL Class C
1-month Term SOFR + 1.364%
Floor 1.250%
10/15/2036		6.687	%		6,056,250			6,003,258
BX Mortgage Trust(a),(b)
Series 2021-PAC Class D
1-month Term SOFR + 1.412%
Floor 1.298%
10/15/2036		6.736	%		14,175,000			13,541,865
BX Trust(a)
Series 2023-LIFE Class A
02/15/2028		5.045	%		7,225,000			6,880,107
BX Trust(a),(b)
Subordinated Series 2019-ATL Class C
1-month Term SOFR + 1.701%
Floor 1.587%
10/15/2036		7.024	%		4,422,000			4,267,230
Subordinated Series 2019-ATL Class D
1-month Term SOFR + 2.001%
Floor 1.887%
10/15/2036		7.324	%		3,895,000			3,671,041
Citigroup Commercial Mortgage Trust(a),(c)
Subordinated Series 2020-420K Class C
11/10/2042		3.422	%		2,500,000	��		1,965,877
Subordinated Series 2020-420K Class D
11/10/2042		3.422	%		2,250,000			1,688,725

Commercial Mortgage-Backed Securities - Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
COMM Mortgage Trust(a),(c)
Subordinated Series 2020-CBM Class D
02/10/2037		3.754	%		2,925,000		2,718,336
COMM Mortgage Trust(a)
Subordinated Series 2020-CX Class B
11/10/2046		2.446	%		3,275,000		2,548,414
Extended Stay America Trust(a),(b)
Series 2021-ESH Class E
1-month Term SOFR + 2.964%
Floor 2.850%
07/15/2038		8.287	%		1,806,297		1,766,799
Series 2021-ESH Class F
1-month Term SOFR + 3.814%
Floor 3.700%
07/15/2038		9.137	%		1,876,672		1,825,086
FirstKey Homes Trust(a)
Subordinated Series 2020-SFR1 Class D
08/17/2037		2.241	%		4,225,000		3,898,191
Subordinated Series 2020-SFR2 Class D
10/19/2037		1.968	%		18,600,000		16,956,396
GS Mortgage Securities Corp. II(a),(c)
Series 2023-SHIP Class A
09/10/2038		4.322	%		6,825,000		6,542,946
GS Mortgage Securities Corp. Trust(a)
Series 2017-485L Class A
02/10/2037		3.721	%		3,835,000		3,321,053
GS Mortgage Securities Corp. Trust(a),(b)
Subordinated CMO Series 2021-IP Class D
1-month Term SOFR + 2.214%
Floor 2.100%
10/15/2036		7.537	%		5,425,000		4,918,619
Home Partners of America Trust(a)
Subordinated Series 2019-2 Class D
10/19/2039		3.121	%		6,402,953		5,529,342
Subordinated Series 2021-2 Class B
12/17/2026		2.302	%		40,996,653		36,429,663
JPMorgan Chase Commercial Mortgage Securities Trust(a),(c)
Subordinated Series 2021-2NU Class B
01/05/2040		2.077	%		3,800,000		2,800,427
Subordinated Series 2021-2NU Class C
01/05/2040		2.077	%		1,500,000		1,075,218
Life Mortgage Trust(a),(b)
Subordinated Series 2021-BMR Class D
1-month Term SOFR + 1.514%
Floor 1.400%
03/15/2038		6.837	%		4,472,514		4,281,407
Morgan Stanley Bank of America Merrill Lynch Trust
Series 2016-C29 Class A3
05/15/2049		3.058	%		5,928,750		5,641,379

Columbia Balanced Fund | First Quarter Report 2023    5

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Commercial Mortgage-Backed Securities - Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Series 2017-C34 Class A3
11/15/2052		3.276	%		14,135,000		12,989,723
Morgan Stanley Capital I Trust(a),(c)
Series 2019-MEAD Class D
11/10/2036		3.283	%		7,392,500		6,117,648
One New York Plaza Trust(a),(b)
Subordinated Series 2020-1NYP Class C
1-month Term SOFR + 2.314%
Floor 2.200%
01/15/2036		7.637	%		6,950,000		5,966,001
Subordinated Series 2020-1NYP Class D
1-month Term SOFR + 2.864%
Floor 2.750%
01/15/2036		8.187	%		2,600,000		2,027,910
Progress Residential Trust(a)
Series 2019-SFR3 Class C
09/17/2036		2.721	%		4,750,000		4,602,119
Series 2019-SFR3 Class D
09/17/2036		2.871	%		7,049,000		6,829,289
Series 2019-SFR4 Class C
10/17/2036		3.036	%		17,766,000		17,210,960
Series 2020-SFR1 Class C
04/17/2037		2.183	%		2,075,000		1,955,206
Series 2020-SFR1 Class D
04/17/2037		2.383	%		4,200,000		3,957,683
Subordinated Series 2020-SFR2 Class C
06/17/2037		3.077	%		600,000		568,211
Subordinated Series 2020-SFR2 Class D
06/17/2037		3.874	%		775,000		741,031
Subordinated Series 2021-SFR8 Class D
10/17/2038		2.082	%		11,910,000		10,390,801
RBS Commercial Funding, Inc., Trust(a),(c)
Series 2013-GSP Class A
01/15/2032		3.961	%		7,141,000		7,088,441
SFO Commercial Mortgage Trust(a),(b)
Subordinated Series 2021-555 Class E
1-month Term SOFR + 3.014%
Floor 2.900%
05/15/2038		8.337	%		3,025,000		2,247,390
SPGN TFLM Mortgage Trust(a),(b)
Series 2022 Class A
1-month Term SOFR + 1.550%
Floor 1.550%
02/15/2039		6.873	%		21,925,000		21,130,662
STAR Trust(a),(b)
Subordinated Series 2022-SFR3 Class B
1-month Term SOFR + 1.950%
Floor 1.950%
05/17/2024		7.273	%		12,100,000		12,005,583

Commercial Mortgage-Backed Securities - Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Tricon American Homes(a)
Series 2020-SFR1 Class C
07/17/2038		2.249	%		4,100,000		3,690,227
Tricon American Homes Trust(a)
Subordinated Series 2020-SFR2 Class D
11/17/2039		2.281	%		6,775,000		5,759,329
Wells Fargo Commercial Mortgage Trust
Series 2015-C28 Class A3
05/15/2048		3.290	%		6,512,659		6,340,379
Wells Fargo Commercial Mortgage Trust(a),(b)
Series 2021-FCMT Class A
1-month Term SOFR + 1.314%
Floor 1.200%
05/15/2031		6.637	%		4,750,000		4,620,074
Series 2021-FCMT Class D
1-month Term SOFR + 3.614%
Floor 3.500%
05/15/2031		8.937	%		3,925,000		3,557,334
Total Commercial Mortgage-Backed Securities—Non-Agency
(Cost $360,446,905)							330,673,740
Common Stocks 59.4%
Issuer				Shares		Value ($)
Communication Services 7.8%
Entertainment 1.4%
Endeavor Group Holdings, Inc., Class A					1,509,940		36,706,641
Take-Two Interactive Software, Inc.(d)					467,585		73,971,947
Total							110,678,588
Interactive Media & Services 5.3%
Alphabet, Inc., Class A(d)					793,208		105,123,856
Alphabet, Inc., Class C(d)					704,217		94,308,741
Match Group, Inc.(d)					946,983		30,663,310
Meta Platforms, Inc., Class A(d)					388,062		126,954,483
Pinterest, Inc., Class A(d)					1,328,929		45,276,611
ZoomInfo Technologies, Inc.(d)					1,733,832		24,915,166
Total							427,242,167
Media 0.5%
Comcast Corp., Class A					955,746		40,036,200
Wireless Telecommunication Services 0.6%
T-Mobile US, Inc.					350,042		52,663,819
Total Communication Services							630,620,774

6    Columbia Balanced Fund | First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Common Stocks (continued)
Issuer	Shares		Value ($)
Consumer Discretionary 4.4%
Automobiles 0.5%
Tesla, Inc.(d)		184,071		44,191,766
Broadline Retail 2.6%
Amazon.com, Inc.(d)		1,422,354		207,791,696
Hotels, Restaurants & Leisure 0.3%
Las Vegas Sands Corp.		436,853		20,147,660
McDonald’s Corp.		17,216		4,852,158
Total				24,999,818
Textiles, Apparel & Luxury Goods 1.0%
NIKE, Inc., Class B		455,172		50,191,816
Tapestry, Inc.		1,103,055		34,933,752
Total				85,125,568
Total Consumer Discretionary				362,108,848
Consumer Staples 3.3%
Consumer Staples Distribution & Retail 1.6%
Dollar Tree, Inc.(d)		208,643		25,786,188
Sysco Corp.		485,332		35,026,411
Walmart, Inc.		465,994		72,550,606
Total				133,363,205
Food Products 0.5%
Mondelez International, Inc., Class A		585,828		41,628,938
Household Products 0.8%
Procter & Gamble Co. (The)		413,267		63,444,750
Personal Care Products 0.4%
Coty, Inc., Class A(d)		2,602,901		29,673,071
Total Consumer Staples				268,109,964
Energy 2.5%
Oil, Gas & Consumable Fuels 2.5%
Canadian Natural Resources Ltd.		883,939		59,047,125
Chevron Corp.		635,099		91,200,216
EOG Resources, Inc.		421,554		51,880,651
Total				202,127,992
Total Energy				202,127,992

Common Stocks (continued)
Issuer	Shares		Value ($)
Financials 7.8%
Banks 1.7%
Bank of America Corp.		1,080,867		32,955,635
JPMorgan Chase & Co.		444,232		69,335,730
Wells Fargo & Co.		750,507		33,465,107
Total				135,756,472
Capital Markets 1.8%
BlackRock, Inc.		105,459		79,223,965
Charles Schwab Corp. (The)		245,317		15,042,838
MSCI, Inc.		18,908		9,848,232
S&P Global, Inc.		102,736		42,720,711
Total				146,835,746
Consumer Finance 0.1%
American Express Co.		76,106		12,996,621
Financial Services 3.9%
Berkshire Hathaway, Inc., Class B(d)		339,603		122,257,080
Block, Inc., Class A(d)		465,850		29,548,866
MasterCard, Inc., Class A		191,857		79,396,182
Visa, Inc., Class A		326,909		83,911,002
Total				315,113,130
Insurance 0.3%
Aon PLC, Class A		77,428		25,434,324
Total Financials				636,136,293
Health Care 7.3%
Biotechnology 2.0%
AbbVie, Inc.		545,638		77,693,395
BioMarin Pharmaceutical, Inc.(d)		392,738		35,770,577
Vertex Pharmaceuticals, Inc.(d)		148,709		52,763,440
Total				166,227,412
Health Care Equipment & Supplies 0.8%
Abbott Laboratories		226,865		23,659,751
Boston Scientific Corp.(d)		759,334		42,439,177
Total				66,098,928
Health Care Providers & Services 2.0%
Elevance Health, Inc.		193,055		92,567,942
UnitedHealth Group, Inc.		129,668		71,702,514
Total				164,270,456

Columbia Balanced Fund | First Quarter Report 2023    7

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Common Stocks (continued)
Issuer	Shares		Value ($)
Life Sciences Tools & Services 1.2%
Danaher Corp.		118,005		26,351,697
IQVIA Holdings, Inc.(d)		116,704		24,986,326
Thermo Fisher Scientific, Inc.		94,334		46,767,024
Total				98,105,047
Pharmaceuticals 1.3%
Eli Lilly & Co.		171,628		101,439,013
Total Health Care				596,140,856
Industrials 5.6%
Aerospace & Defense 0.7%
L3Harris Technologies, Inc.		52,286		9,976,692
RTX Corp.		564,327		45,981,364
Total				55,958,056
Air Freight & Logistics 0.5%
United Parcel Service, Inc., Class B		246,551		37,379,597
Electrical Equipment 0.5%
Emerson Electric Co.		439,476		39,069,416
Ground Transportation 1.8%
Uber Technologies, Inc.(d)		1,283,099		72,341,122
Union Pacific Corp.		332,807		74,971,433
Total				147,312,555
Industrial Conglomerates 1.3%
General Electric Co.		416,037		50,673,307
Honeywell International, Inc.		287,685		56,363,245
Total				107,036,552
Machinery 0.8%
Parker-Hannifin Corp.		154,457		66,907,683
Total Industrials				453,663,859
Information Technology 17.1%
Electronic Equipment, Instruments & Components 0.8%
TE Connectivity Ltd.		475,331		62,268,361
IT Services 1.4%
Accenture PLC, Class A		152,427		50,779,531
International Business Machines Corp.		382,383		60,630,648
Total				111,410,179

Common Stocks (continued)
Issuer	Shares		Value ($)
Semiconductors & Semiconductor Equipment 4.4%
Advanced Micro Devices, Inc.(d)		230,093		27,878,068
Entegris, Inc.		212,364		22,170,802
Lam Research Corp.		80,365		57,534,911
Marvell Technology, Inc.		361,899		20,168,631
NVIDIA Corp.		364,757		170,596,849
QUALCOMM, Inc.		480,139		61,961,938
Total				360,311,199
Software 6.8%
Adobe, Inc.(d)		95,268		58,209,701
Intuit, Inc.		152,449		87,118,505
Microsoft Corp.		998,433		378,316,248
Palo Alto Networks, Inc.(d)		108,411		31,991,002
Total				555,635,456
Technology Hardware, Storage & Peripherals 3.7%
Apple, Inc.		1,581,945		300,490,453
Total Information Technology				1,390,115,648
Materials 1.6%
Chemicals 0.7%
Sherwin-Williams Co. (The)		196,941		54,907,151
Containers & Packaging 0.5%
Avery Dennison Corp.		210,883		41,016,743
Metals & Mining 0.4%
Newmont Corp.		913,542		36,715,253
Total Materials				132,639,147
Real Estate 0.8%
Specialized REITs 0.8%
American Tower Corp.		304,405		63,553,676
Total Real Estate				63,553,676
Utilities 1.2%
Multi-Utilities 1.2%
Ameren Corp.		387,114		30,036,175
DTE Energy Co.		334,236		34,797,310
Public Service Enterprise Group, Inc.		474,239		29,606,741
Total				94,440,226
Total Utilities				94,440,226
Total Common Stocks (Cost $2,716,436,173)				4,829,657,283

8    Columbia Balanced Fund | First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Convertible Bonds 0.0%
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Cable and Satellite 0.0%
DISH Network Corp.
Subordinated
08/15/2026		3.375	%		438,000		198,195
Total Convertible Bonds
(Cost $422,668)							198,195
Corporate Bonds & Notes 7.2%
Aerospace & Defense 0.4%
BAE Systems PLC(a)
04/15/2030		3.400	%		7,500,000		6,704,312
Boeing Co. (The)
05/01/2040		5.705	%		12,700,000		12,507,564
Bombardier, Inc.(a)
04/15/2027		7.875	%		248,000		248,234
L3Harris Technologies, Inc.
07/31/2033		5.400	%		1,981,000		1,975,481
Raytheon Technologies Corp.
03/15/2032		2.375	%		7,268,000		5,830,286
Spirit AeroSystems, Inc.
06/15/2028		4.600	%		129,000		110,130
Spirit AeroSystems, Inc.(a)
11/30/2029		9.375	%		135,000		145,991
11/15/2030		9.750	%		131,000		137,913
TransDigm, Inc.(a)
03/15/2026		6.250	%		907,000		901,249
08/15/2028		6.750	%		250,000		250,776
12/15/2030		6.875	%		254,000		254,556
TransDigm, Inc.
11/15/2027		5.500	%		369,000		355,429
Total							29,421,921
Airlines 0.0%
Air Canada(a)
08/15/2026		3.875	%		183,000		170,823
American Airlines, Inc.(a),(e)
05/15/2029		8.500	%		120,000		123,787
American Airlines, Inc./AAdvantage Loyalty IP Ltd.(a)
04/20/2026		5.500	%		646,812		636,820
04/20/2029		5.750	%		237,298		227,147
Hawaiian Brand Intellectual Property Ltd./Miles Loyalty Ltd.(a)
01/20/2026		5.750	%		346,522		276,088
United Airlines, Inc.(a)
04/15/2026		4.375	%		245,000		232,920
04/15/2029		4.625	%		252,000		224,902
Total							1,892,487

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Automotive 0.0%
Ford Motor Credit Co. LLC
02/10/2025		2.300	%		210,000		199,542
06/16/2025		5.125	%		68,000		66,490
11/13/2025		3.375	%		481,000		453,167
03/06/2026		6.950	%		200,000		201,840
01/09/2027		4.271	%		350,000		328,746
05/28/2027		4.950	%		355,000		338,759
IHO Verwaltungs GmbH(a),(f)
09/15/2026		4.750	%		264,544		248,013
KAR Auction Services, Inc.(a)
06/01/2025		5.125	%		253,000		245,985
Panther BF Aggregator 2 LP/Finance Co., Inc.(a)
05/15/2026		6.250	%		93,000		92,492
05/15/2027		8.500	%		406,000		408,839
Total							2,583,873
Banking 2.5%
Bank of America Corp.(g)
04/23/2040		4.078	%		37,200,000		30,764,943
Citigroup, Inc.(g)
01/25/2033		3.057	%		14,150,000		11,604,717
Goldman Sachs Group, Inc. (The)(g)
04/22/2032		2.615	%		16,692,000		13,448,194
HSBC Holdings PLC(g)
05/24/2032		2.804	%		26,000,000		20,861,310
JPMorgan Chase & Co.(g)
10/23/2034		6.254	%		7,000,000		7,316,831
Subordinated
05/13/2031		2.956	%		36,185,000		30,762,642
Morgan Stanley(g)
01/22/2031		2.699	%		28,700,000		24,244,191
11/01/2034		6.627	%		5,589,000		5,923,400
PNC Financial Services Group, Inc. (The)(g)
06/12/2029		5.582	%		8,800,000		8,741,350
10/20/2034		6.875	%		5,460,000		5,802,959
US Bancorp(g)
06/12/2034		5.836	%		3,000,000		2,954,735
Wells Fargo & Co.(g)
04/24/2034		5.389	%		37,600,000		36,180,539
Total							198,605,811
Brokerage/Asset Managers/Exchanges 0.0%
AG TTMT Escrow Issuer LLC(a)
09/30/2027		8.625	%		229,000		237,735
Aretec Escrow Issuer 2, Inc.(a)
08/15/2030		10.000	%		224,000		233,267

Columbia Balanced Fund | First Quarter Report 2023    9

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Aretec Escrow Issuer, Inc.(a)
04/01/2029		7.500	%		115,000		97,121
Hightower Holding LLC(a)
04/15/2029		6.750	%		293,000		254,762
NFP Corp.(a)
08/15/2028		4.875	%		235,000		215,354
08/15/2028		6.875	%		672,000		598,612
10/01/2030		7.500	%		212,000		210,339
10/01/2031		8.500	%		76,000		78,426
Total							1,925,616
Building Materials 0.0%
American Builders & Contractors Supply Co., Inc.(a)
11/15/2029		3.875	%		123,000		106,561
Beacon Roofing Supply, Inc.(a)
11/15/2026		4.500	%		310,000		295,828
05/15/2029		4.125	%		186,000		164,066
08/01/2030		6.500	%		125,000		124,891
Interface, Inc.(a)
12/01/2028		5.500	%		145,000		130,242
James Hardie International Finance DAC(a)
01/15/2028		5.000	%		238,000		224,597
SRS Distribution, Inc.(a)
07/01/2028		4.625	%		142,000		129,975
07/01/2029		6.125	%		276,000		244,733
12/01/2029		6.000	%		481,000		420,941
Standard Industries, Inc.(a)
02/15/2027		5.000	%		61,000		58,405
01/15/2028		4.750	%		160,000		150,420
Summit Materials LLC /Finance Corp.(a),(e)
01/15/2031		7.250	%		188,000		188,000
Summit Materials LLC/Finance Corp.(a)
01/15/2029		5.250	%		33,000		30,898
White Cap Buyer LLC(a)
10/15/2028		6.875	%		404,000		369,792
Total							2,639,349
Cable and Satellite 0.2%
CCO Holdings LLC/Capital Corp.(a)
05/01/2027		5.125	%		426,000		405,354
02/01/2028		5.000	%		151,000		141,455
03/01/2030		4.750	%		877,000		767,711
08/15/2030		4.500	%		682,000		585,091
03/01/2031		7.375	%		103,000		102,890
02/01/2032		4.750	%		277,000		232,624
CCO Holdings LLC/Capital Corp.
05/01/2032		4.500	%		43,000		35,380

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CSC Holdings LLC(a)
02/01/2028		5.375	%		258,000		220,591
02/01/2029		6.500	%		294,000		249,225
01/15/2030		5.750	%		335,000		189,686
12/01/2030		4.125	%		298,000		213,267
02/15/2031		3.375	%		233,000		159,902
DISH DBS Corp.(a)
12/01/2028		5.750	%		312,000		231,904
DISH DBS Corp.
06/01/2029		5.125	%		324,000		147,846
DISH Network Corp.(a)
11/15/2027		11.750	%		544,000		540,189
Radiate Holdco LLC/Finance, Inc.(a)
09/15/2028		6.500	%		75,000		35,144
Sirius XM Radio, Inc.(a)
09/01/2026		3.125	%		204,000		188,343
07/01/2029		5.500	%		289,000		268,671
Time Warner Cable LLC
05/01/2037		6.550	%		9,210,000		8,686,911
Videotron Ltd.(a)
06/15/2029		3.625	%		197,000		172,728
Virgin Media Finance PLC(a)
07/15/2030		5.000	%		299,000		250,011
Virgin Media Secured Finance PLC(a)
05/15/2029		5.500	%		303,000		284,738
08/15/2030		4.500	%		192,000		164,675
VZ Secured Financing BV(a)
01/15/2032		5.000	%		387,000		316,824
Ziggo Bond Co. BV(a)
02/28/2030		5.125	%		241,000		188,238
Ziggo Bond Finance BV(a)
01/15/2027		6.000	%		332,000		314,694
Ziggo BV(a)
01/15/2030		4.875	%		425,000		363,621
Total							15,457,713
Chemicals 0.1%
Avient Corp.(a)
08/01/2030		7.125	%		120,000		120,929
Axalta Coating Systems LLC(a)
02/15/2029		3.375	%		119,000		103,634
Axalta Coating Systems LLC/Dutch Holding B BV(a)
06/15/2027		4.750	%		553,000		525,259
Cheever Escrow Issuer LLC(a)
10/01/2027		7.125	%		209,000		201,307
Element Solutions, Inc.(a)
09/01/2028		3.875	%		387,000		343,858

10    Columbia Balanced Fund | First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
HB Fuller Co.
10/15/2028		4.250	%		516,000		463,547
Herens Holdco Sarl(a)
05/15/2028		4.750	%		256,000		198,557
INEOS Quattro Finance 2 Plc(a)
01/15/2026		3.375	%		162,000		153,851
INEOS Quattro Finance 2 PLC(a)
03/15/2029		9.625	%		221,000		229,035
Ingevity Corp.(a)
11/01/2028		3.875	%		267,000		227,777
Innophos Holdings, Inc.(a)
02/15/2028		9.375	%		278,000		255,749
Iris Holdings, Inc.(a),(f)
02/15/2026		8.750	%		135,000		114,571
Olympus Water US Holding Corp.(a)
10/01/2028		4.250	%		467,000		405,700
11/15/2028		9.750	%		318,000		327,856
10/01/2029		6.250	%		181,000		148,004
SPCM SA(a)
03/15/2027		3.125	%		133,000		119,808
Tronox, Inc.(a)
03/15/2029		4.625	%		41,000		34,831
WR Grace Holdings LLC(a)
06/15/2027		4.875	%		427,000		406,453
08/15/2029		5.625	%		606,000		510,136
03/01/2031		7.375	%		127,000		123,892
Total							5,014,754
Construction Machinery 0.1%
H&E Equipment Services, Inc.(a)
12/15/2028		3.875	%		106,000		93,931
Herc Holdings, Inc.(a)
07/15/2027		5.500	%		117,000		113,637
John Deere Capital Corp.
07/14/2028		4.950	%		5,500,000		5,512,537
Ritchie Bros Holdings, Inc.(a)
03/15/2028		6.750	%		54,000		54,960
03/15/2031		7.750	%		224,000		232,480
Total							6,007,545
Consumer Cyclical Services 0.0%
Arches Buyer, Inc.(a)
06/01/2028		4.250	%		436,000		380,027
12/01/2028		6.125	%		378,000		324,046
Match Group, Inc.(a)
02/15/2029		5.625	%		191,000		181,943

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Uber Technologies, Inc.(a)
05/15/2025		7.500	%		202,000		205,787
01/15/2028		6.250	%		247,000		245,256
08/15/2029		4.500	%		331,000		305,339
Total							1,642,398
Consumer Products 0.0%
Acushnet Co.(a)
10/15/2028		7.375	%		47,000		48,229
CD&R Smokey Buyer, Inc.(a)
07/15/2025		6.750	%		473,000		457,940
Mattel, Inc.(a)
04/01/2026		3.375	%		113,000		105,988
Newell Brands, Inc.
09/15/2027		6.375	%		79,000		77,519
09/15/2029		6.625	%		111,000		108,824
Prestige Brands, Inc.(a)
01/15/2028		5.125	%		399,000		382,421
Scotts Miracle-Gro Co. (The)
04/01/2031		4.000	%		65,000		52,826
02/01/2032		4.375	%		216,000		171,562
Spectrum Brands, Inc.(a)
10/01/2029		5.000	%		131,000		121,446
07/15/2030		5.500	%		159,000		148,367
03/15/2031		3.875	%		51,000		43,509
Total							1,718,631
Diversified Manufacturing 0.0%
Chart Industries, Inc.(a)
01/01/2030		7.500	%		136,000		138,741
01/01/2031		9.500	%		47,000		50,177
Emerald Debt Merger Sub LLC(a)
12/15/2030		6.625	%		351,000		350,152
Gates Global LLC/Co.(a)
01/15/2026		6.250	%		524,000		517,987
Madison IAQ LLC(a)
06/30/2028		4.125	%		152,000		135,005
06/30/2029		5.875	%		213,000		178,088
Resideo Funding, Inc.(a)
09/01/2029		4.000	%		479,000		402,884
Vertical Holdco GmbH(a)
07/15/2028		7.625	%		237,000		224,899
Vertical US Newco, Inc.(a)
07/15/2027		5.250	%		391,000		371,337
WESCO Distribution, Inc.(a)
06/15/2025		7.125	%		268,000		268,744
06/15/2028		7.250	%		287,000		291,700
Total							2,929,714

Columbia Balanced Fund | First Quarter Report 2023    11

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Electric 0.5%
Clearway Energy Operating LLC(a)
03/15/2028		4.750	%		335,000		314,658
02/15/2031		3.750	%		512,000		430,385
01/15/2032		3.750	%		102,000		81,735
Edison International
11/15/2028		5.250	%		5,300,000		5,223,055
Emera US Finance LP
06/15/2046		4.750	%		8,800,000		6,766,483
Indiana Michigan Power Co.
03/15/2037		6.050	%		2,500,000		2,559,424
Leeward Renewable Energy Operations LLC(a)
07/01/2029		4.250	%		80,000		67,442
NextEra Energy Operating Partners LP(a)
09/15/2027		4.500	%		455,000		419,955
NRG Energy, Inc.(a)
02/15/2029		3.375	%		134,000		114,754
06/15/2029		5.250	%		154,000		143,755
02/15/2031		3.625	%		272,000		223,367
02/15/2032		3.875	%		44,000		35,981
Ohio Edison Co.(a)
01/15/2033		5.500	%		7,000,000		6,828,350
Pacific Gas and Electric Co.
01/15/2053		6.750	%		7,861,000		7,953,448
PG&E Corp.
07/01/2030		5.250	%		220,000		206,747
Progress Energy, Inc.
03/01/2031		7.750	%		5,000,000		5,593,489
TerraForm Power Operating LLC(a)
01/15/2030		4.750	%		135,000		121,563
Vistra Operations Co. LLC(a)
09/01/2026		5.500	%		75,000		73,572
02/15/2027		5.625	%		354,000		345,261
07/31/2027		5.000	%		379,000		361,026
10/15/2031		7.750	%		265,000		271,589
Total							38,136,039
Environmental 0.0%
Clean Harbors, Inc.(a)
02/01/2031		6.375	%		39,000		38,689
GFL Environmental, Inc.(a)
12/15/2026		5.125	%		205,000		198,882
GFL Environmental, Inc.(a),(e)
01/15/2031		6.750	%		129,000		130,129
Waste Pro USA, Inc.(a)
02/15/2026		5.500	%		371,000		350,019
Total							717,719

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Finance Companies 0.0%
Navient Corp.
06/25/2025		6.750	%		200,000		201,449
03/15/2031		11.500	%		169,000		181,720
OneMain Finance Corp.
01/15/2029		9.000	%		149,000		153,890
09/15/2030		4.000	%		214,000		174,249
Provident Funding Associates LP/Finance Corp.(a)
06/15/2025		6.375	%		247,000		223,550
Quicken Loans LLC/Co-Issuer, Inc.(a)
03/01/2031		3.875	%		353,000		298,462
Rocket Mortgage LLC/Co-Issuer, Inc.(a)
10/15/2033		4.000	%		587,000		474,300
Springleaf Finance Corp.
03/15/2024		6.125	%		111,000		110,978
11/15/2029		5.375	%		23,000		20,709
United Wholesale Mortgage LLC(a)
04/15/2029		5.500	%		15,000		13,418
Total							1,852,725
Food and Beverage 0.4%
Bacardi Ltd.(a)
05/15/2038		5.150	%		8,350,000		7,524,115
Bacardi Ltd./Bacardi-Martini BV(a)
06/15/2043		5.900	%		2,756,000		2,630,115
Constellation Brands, Inc.
05/01/2033		4.900	%		14,500,000		13,985,494
Darling Ingredients, Inc.(a)
06/15/2030		6.000	%		275,000		265,616
Diageo Capital PLC
10/05/2033		5.625	%		7,000,000		7,233,840
FAGE International SA/USA Dairy Industry, Inc.(a)
08/15/2026		5.625	%		464,000		450,651
Pilgrim’s Pride Corp.
04/15/2031		4.250	%		399,000		345,547
03/01/2032		3.500	%		556,000		450,193
Post Holdings, Inc.(a)
03/01/2027		5.750	%		182,000		178,896
01/15/2028		5.625	%		152,000		147,888
04/15/2030		4.625	%		322,000		287,646
09/15/2031		4.500	%		115,000		100,126
Primo Water Holdings, Inc.(a)
04/30/2029		4.375	%		621,000		552,485
Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed(a)
03/01/2029		4.625	%		314,000		260,620
Tyson Foods, Inc.
09/28/2048		5.100	%		1,112,000		938,307

12    Columbia Balanced Fund | First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
US Foods, Inc.(a)
09/15/2028		6.875	%		130,000		131,777
02/15/2029		4.750	%		269,000		249,425
06/01/2030		4.625	%		175,000		157,929
01/15/2032		7.250	%		121,000		123,743
Total							36,014,413
Gaming 0.0%
Boyd Gaming Corp.
12/01/2027		4.750	%		240,000		227,500
Boyd Gaming Corp.(a)
06/15/2031		4.750	%		166,000		147,036
Caesars Entertainment, Inc.(a)
10/15/2029		4.625	%		594,000		521,861
02/15/2030		7.000	%		396,000		396,499
CDI Escrow Issuer, Inc.(a)
04/01/2030		5.750	%		110,000		103,346
Churchill Downs, Inc.(a)
05/01/2031		6.750	%		121,000		118,880
Colt Merger Sub, Inc.(a)
07/01/2025		6.250	%		516,000		513,245
07/01/2027		8.125	%		269,000		273,937
International Game Technology PLC(a)
04/15/2026		4.125	%		122,000		116,363
Light & Wonder International, Inc.(a)
09/01/2031		7.500	%		55,000		55,827
Midwest Gaming Borrower LLC(a)
05/01/2029		4.875	%		261,000		233,561
Scientific Games Holdings LP/US FinCo, Inc.(a)
03/01/2030		6.625	%		442,000		395,809
Total							3,103,864
Health Care 0.4%
Acadia Healthcare Co., Inc.(a)
07/01/2028		5.500	%		318,000		305,655
04/15/2029		5.000	%		161,000		150,146
AdaptHealth LLC(a)
03/01/2030		5.125	%		237,000		188,668
Avantor Funding, Inc.(a)
07/15/2028		4.625	%		283,000		265,294
11/01/2029		3.875	%		251,000		222,348
Bausch & Lomb Escrow Corp.(a)
10/01/2028		8.375	%		207,000		211,746
Catalent Pharma Solutions, Inc.(a)
04/01/2030		3.500	%		229,000		191,550
Charles River Laboratories International, Inc.(a)
05/01/2028		4.250	%		160,000		148,240
03/15/2029		3.750	%		122,000		108,669

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CHS/Community Health Systems, Inc.(a)
03/15/2027		5.625	%		140,000		125,436
04/15/2029		6.875	%		240,000		141,600
05/15/2030		5.250	%		587,000		464,434
CVS Health Corp.
03/25/2048		5.050	%		14,000,000		12,284,311
DaVita, Inc.(a)
06/01/2030		4.625	%		125,000		105,667
HCA, Inc.
09/01/2030		3.500	%		11,772,000		10,355,007
03/15/2052		4.625	%		4,221,000		3,336,638
IQVIA, Inc.(a)
05/15/2027		5.000	%		210,000		203,904
05/15/2030		6.500	%		104,000		104,886
Mozart Debt Merger Sub, Inc.(a)
04/01/2029		3.875	%		58,000		51,493
10/01/2029		5.250	%		635,000		576,301
Select Medical Corp.(a)
08/15/2026		6.250	%		604,000		599,764
Star Parent, Inc.(a)
10/01/2030		9.000	%		258,000		268,348
Tenet Healthcare Corp.
02/01/2027		6.250	%		370,000		368,336
11/01/2027		5.125	%		237,000		227,637
10/01/2028		6.125	%		205,000		198,658
01/15/2030		4.375	%		186,000		166,237
06/15/2030		6.125	%		179,000		174,801
Tenet Healthcare Corp.(a)
05/15/2031		6.750	%		225,000		225,264
Total							31,771,038
Healthcare Insurance 0.2%
Centene Corp.
10/15/2030		3.000	%		16,000,000		13,313,327
Home Construction 0.0%
Meritage Homes Corp.
06/01/2025		6.000	%		190,000		188,209
Meritage Homes Corp.(a)
04/15/2029		3.875	%		276,000		245,115
Taylor Morrison Communities, Inc.(a)
06/15/2027		5.875	%		70,000		68,848
01/15/2028		5.750	%		160,000		155,702
08/01/2030		5.125	%		201,000		185,178
Total							843,052
Independent Energy 0.1%
Baytex Energy Corp.(a)
04/30/2030		8.500	%		219,000		223,696

Columbia Balanced Fund | First Quarter Report 2023    13

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Callon Petroleum Co.
07/01/2026		6.375	%		478,000		473,804
Callon Petroleum Co.(a)
06/15/2030		7.500	%		160,000		157,901
Centennial Resource Production LLC(a)
04/01/2027		6.875	%		51,000		50,557
Civitas Resources, Inc.(a)
07/01/2028		8.375	%		70,000		71,678
11/01/2030		8.625	%		65,000		67,438
07/01/2031		8.750	%		77,000		79,792
CNX Resources Corp.(a)
03/14/2027		7.250	%		31,000		30,856
01/15/2029		6.000	%		176,000		167,852
01/15/2031		7.375	%		120,000		119,480
Colgate Energy Partners III LLC(a)
07/01/2029		5.875	%		502,000		479,901
CrownRock LP/Finance, Inc.(a)
10/15/2025		5.625	%		329,000		326,423
05/01/2029		5.000	%		267,000		256,360
Endeavor Energy Resources LP/Finance, Inc.(a)
01/30/2028		5.750	%		254,000		249,200
Hilcorp Energy I LP/Finance Co.(a)
11/01/2028		6.250	%		379,000		369,098
02/01/2029		5.750	%		103,000		96,801
04/15/2030		6.000	%		131,000		122,226
04/15/2032		6.250	%		121,000		111,829
11/01/2033		8.375	%		140,000		144,225
Matador Resources Co.
09/15/2026		5.875	%		425,000		418,041
Matador Resources Co.(a)
04/15/2028		6.875	%		129,000		129,670
Permian Resources Operating LLC(a)
01/15/2032		7.000	%		274,000		274,704
SM Energy Co.
09/15/2026		6.750	%		253,000		251,343
Southwestern Energy Co.
02/01/2032		4.750	%		503,000		449,390
Total							5,122,265
Integrated Energy 0.0%
Cenovus Energy, Inc.
02/15/2052		3.750	%		626,000		434,188
Leisure 0.1%
Carnival Corp.(a)
03/01/2027		5.750	%		442,000		419,690
08/01/2028		4.000	%		280,000		252,923
05/01/2029		6.000	%		274,000		252,105
08/15/2029		7.000	%		90,000		91,856

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Carnival Holdings Bermuda Ltd.(a)
05/01/2028		10.375	%		181,000		196,812
Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op(a)
05/01/2025		5.500	%		139,000		138,605
Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op
10/01/2028		6.500	%		359,000		353,441
Cinemark USA, Inc.(a)
05/01/2025		8.750	%		54,000		54,506
03/15/2026		5.875	%		411,000		398,923
07/15/2028		5.250	%		9,000		8,103
Live Nation Entertainment, Inc.(a)
03/15/2026		5.625	%		291,000		284,334
05/15/2027		6.500	%		204,000		203,998
10/15/2027		4.750	%		109,000		102,457
NCL Corp., Ltd.(a)
03/15/2026		5.875	%		237,000		224,378
NCL Finance Ltd.(a)
03/15/2028		6.125	%		78,000		70,892
Royal Caribbean Cruises Ltd.(a)
07/01/2026		4.250	%		342,000		324,680
08/31/2026		5.500	%		33,000		32,124
04/01/2028		5.500	%		70,000		66,894
01/15/2030		7.250	%		274,000		279,058
Royal Caribbean Cruises Ltd.
03/15/2028		3.700	%		208,000		185,850
Six Flags Entertainment Corp.(a)
05/15/2031		7.250	%		271,000		261,195
Viking Cruises Ltd.(a)
09/15/2027		5.875	%		240,000		226,336
07/15/2031		9.125	%		81,000		84,645
Total							4,513,805
Life Insurance 0.2%
Five Corners Funding Trust III(a)
02/15/2033		5.791	%		7,000,000		7,125,688
MetLife, Inc.
07/15/2052		5.000	%		4,193,000		3,828,122
Voya Financial, Inc.
06/15/2046		4.800	%		4,028,000		3,235,853
Total							14,189,663
Lodging 0.0%
Hilton Domestic Operating Co., Inc.(a)
05/01/2028		5.750	%		230,000		226,688

14    Columbia Balanced Fund | First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Media and Entertainment 0.3%
Clear Channel Outdoor Holdings, Inc.(a)
04/15/2028		7.750	%		312,000		255,834
09/15/2028		9.000	%		35,000		35,356
06/01/2029		7.500	%		290,000		228,420
Clear Channel Worldwide Holdings, Inc.(a)
08/15/2027		5.125	%		443,000		410,649
iHeartCommunications, Inc.
05/01/2026		6.375	%		40,481		34,456
05/01/2027		8.375	%		551,365		385,795
iHeartCommunications, Inc.(a)
08/15/2027		5.250	%		170,000		130,522
01/15/2028		4.750	%		318,000		242,570
Meta Platforms, Inc.
05/15/2063		5.750	%		5,000,000		5,088,665
Outfront Media Capital LLC/Corp.(a)
08/15/2027		5.000	%		287,000		270,585
01/15/2029		4.250	%		125,000		108,051
03/15/2030		4.625	%		252,000		216,345
02/15/2031		7.375	%		56,000		57,437
Roblox Corp.(a)
05/01/2030		3.875	%		381,000		327,346
Scripps Escrow II, Inc.(a)
01/15/2029		3.875	%		46,000		38,839
01/15/2031		5.375	%		88,000		60,439
Scripps Escrow, Inc.(a)
07/15/2027		5.875	%		71,000		59,817
Univision Communications, Inc.(a)
08/15/2028		8.000	%		50,000		50,552
05/01/2029		4.500	%		157,000		137,711
06/30/2030		7.375	%		290,000		285,186
Warnermedia Holdings, Inc.
03/15/2062		5.391	%		20,000,000		15,925,843
Total							24,350,418
Metals and Mining 0.1%
Allegheny Technologies, Inc.
10/01/2029		4.875	%		189,000		169,264
10/01/2031		5.125	%		301,000		265,481
Constellium NV(a)
02/15/2026		5.875	%		275,000		271,902
Constellium SE(a)
06/15/2028		5.625	%		300,000		286,970
04/15/2029		3.750	%		849,000		741,794
Hudbay Minerals, Inc.(a)
04/01/2026		4.500	%		803,000		765,117
04/01/2029		6.125	%		274,000		259,921

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Kaiser Aluminum Corp.(a)
03/01/2028		4.625	%		187,000		165,795
06/01/2031		4.500	%		280,000		226,318
Novelis Corp.(a)
11/15/2026		3.250	%		177,000		162,513
01/30/2030		4.750	%		420,000		381,619
08/15/2031		3.875	%		170,000		143,849
Total							3,840,543
Midstream 0.5%
CNX Midstream Partners LP(a)
04/15/2030		4.750	%		220,000		191,663
Delek Logistics Partners LP/Finance Corp.
05/15/2025		6.750	%		194,000		192,346
DT Midstream, Inc.(a)
06/15/2029		4.125	%		199,000		178,655
06/15/2031		4.375	%		232,000		203,853
EQM Midstream Partners LP
08/01/2024		4.000	%		141,000		138,316
EQM Midstream Partners LP(a)
07/01/2025		6.000	%		358,000		355,280
06/01/2027		7.500	%		91,000		93,037
07/01/2027		6.500	%		202,000		202,509
06/01/2030		7.500	%		109,000		112,428
01/15/2031		4.750	%		514,000		457,965
Holly Energy Partners LP/Finance Corp.(a)
04/15/2027		6.375	%		236,000		232,604
02/01/2028		5.000	%		267,000		248,230
Kinder Morgan Energy Partners LP
03/01/2044		5.500	%		8,000,000		7,133,580
NuStar Logistics LP
06/01/2026		6.000	%		220,000		219,422
04/28/2027		5.625	%		245,000		241,108
10/01/2030		6.375	%		151,000		147,168
Plains All American Pipeline LP/Finance Corp.
01/15/2037		6.650	%		11,000,000		11,346,444
TransMontaigne Partners LP/TLP Finance Corp.
02/15/2026		6.125	%		235,000		204,991
Venture Global Calcasieu Pass LLC(a)
08/15/2029		3.875	%		233,000		204,640
08/15/2031		4.125	%		514,000		443,465
11/01/2033		3.875	%		267,000		218,282
Venture Global LNG, Inc.(a)
06/01/2028		8.125	%		272,000		270,054
02/01/2029		9.500	%		126,000		130,131
06/01/2031		8.375	%		198,000		195,281
02/01/2032		9.875	%		135,000		138,303
Western Midstream Operating LP
04/01/2033		6.150	%		4,559,000		4,594,618

Columbia Balanced Fund | First Quarter Report 2023    15

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Western Midstream Operating LP(g)
02/01/2050		5.250	%		6,375,000		5,314,503
Williams Companies, Inc. (The)
09/15/2045		5.100	%		7,500,000		6,650,107
Total							40,058,983
Natural Gas 0.0%
NiSource, Inc.
05/01/2030		3.600	%		2,970,000		2,668,325
Oil Field Services 0.0%
Archrock Partners LP/Finance Corp.(a)
04/01/2028		6.250	%		169,000		164,931
Nabors Industries Ltd.(a)
01/15/2026		7.250	%		321,000		306,853
Nabors Industries, Inc.(a)
05/15/2027		7.375	%		15,000		14,504
01/31/2030		9.125	%		149,000		149,397
Transocean Aquila Ltd.(a)
09/30/2028		8.000	%		223,000		223,264
Transocean Titan Financing Ltd.(a)
02/01/2028		8.375	%		197,000		201,436
USA Compression Partners LP/Finance Corp.
09/01/2027		6.875	%		161,000		158,707
Total							1,219,092
Other Industry 0.0%
Picasso Finance Sub, Inc.(a)
06/15/2025		6.125	%		219,000		217,366
Other REIT 0.0%
Blackstone Mortgage Trust, Inc.(a)
01/15/2027		3.750	%		175,000		153,767
Ladder Capital Finance Holdings LLLP/Corp.(a)
10/01/2025		5.250	%		498,000		483,060
02/01/2027		4.250	%		169,000		155,949
06/15/2029		4.750	%		510,000		443,809
Park Intermediate Holdings LLC/Domestic Property/Finance Co-Issuer(a)
10/01/2028		5.875	%		169,000		159,834
Park Intermediate Holdings LLC/PK Domestic Property LLC/Finance Co-Issuer(a)
05/15/2029		4.875	%		239,000		213,104
RHP Hotel Properties LP/Finance Corp.(a)
07/15/2028		7.250	%		64,000		65,288
RLJ Lodging Trust LP(a)
07/01/2026		3.750	%		138,000		128,971
09/15/2029		4.000	%		129,000		111,453
Service Properties Trust(a)
11/15/2031		8.625	%		120,000		123,050
Total							2,038,285

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Packaging 0.0%
Ardagh Metal Packaging Finance USA LLC/PLC(a)
06/15/2027		6.000	%		354,000		343,560
09/01/2029		4.000	%		672,000		534,073
Ardagh Packaging Finance PLC/Holdings USA, Inc.(a)
08/15/2026		4.125	%		226,000		200,343
Ball Corp.
06/15/2029		6.000	%		273,000		272,311
Canpack SA/US LLC(a)
11/15/2029		3.875	%		428,000		359,596
Clydesdale Acquisition Holdings, Inc.(a)
04/15/2029		6.625	%		140,000		134,667
Sealed Air Corp.(a)
02/01/2028		6.125	%		38,000		37,572
Trivium Packaging Finance BV(a)
08/15/2026		5.500	%		388,000		373,227
Total							2,255,349
Pharmaceuticals 0.2%
1375209 BC Ltd.(a)
01/30/2028		9.000	%		42,000		40,533
Amgen, Inc.
03/02/2053		5.650	%		10,050,000		9,906,901
Bausch Health Companies, Inc.(a)
02/01/2027		6.125	%		130,000		72,856
08/15/2027		5.750	%		170,000		92,604
06/01/2028		4.875	%		216,000		109,858
09/30/2028		11.000	%		75,000		46,855
10/15/2030		14.000	%		14,000		7,288
Grifols Escrow Issuer SA(a)
10/15/2028		4.750	%		211,000		186,553
Organon Finance 1 LLC(a)
04/30/2028		4.125	%		56,000		49,715
04/30/2031		5.125	%		355,000		279,591
Pfizer Investment Enterprises Pte., Ltd.
05/19/2063		5.340	%		6,125,000		5,901,587
Total							16,694,341
Property & Casualty 0.1%
Alliant Holdings Intermediate LLC/Co-Issuer(a)
10/15/2027		4.250	%		451,000		417,897
10/15/2027		6.750	%		721,000		691,570
04/15/2028		6.750	%		463,000		462,333
11/01/2029		5.875	%		197,000		178,951
AssuredPartners, Inc.(a)
08/15/2025		7.000	%		120,000		119,991
01/15/2029		5.625	%		372,000		333,091

16    Columbia Balanced Fund | First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Berkshire Hathaway Finance Corp.
03/15/2052		3.850	%		579,000		452,847
BroadStreet Partners, Inc.(a)
04/15/2029		5.875	%		273,000		247,667
HUB International Ltd.(a)
05/01/2026		7.000	%		295,000		293,705
12/01/2029		5.625	%		558,000		506,983
HUB International, Ltd.(a)
06/15/2030		7.250	%		360,000		369,377
Radian Group, Inc.
03/15/2027		4.875	%		160,000		151,528
USI, Inc.(a)
05/01/2025		6.875	%		232,000		230,260
Total							4,456,200
Railroads 0.0%
CSX Corp.
03/15/2044		4.100	%		3,200,000		2,604,758
Restaurants 0.0%
1011778 BC ULC/New Red Finance, Inc.(a)
01/15/2028		3.875	%		359,000		330,512
10/15/2030		4.000	%		117,000		100,956
IRB Holding Corp.(a)
06/15/2025		7.000	%		361,000		361,215
Total							792,683
Retailers 0.2%
Asbury Automotive Group, Inc.(a)
11/15/2029		4.625	%		248,000		223,301
02/15/2032		5.000	%		174,000		151,848
Group 1 Automotive, Inc.(a)
08/15/2028		4.000	%		237,000		213,494
Hanesbrands, Inc.(a)
02/15/2031		9.000	%		305,000		289,155
L Brands, Inc.(a)
07/01/2025		9.375	%		33,000		34,427
10/01/2030		6.625	%		352,000		348,678
L Brands, Inc.
06/15/2029		7.500	%		143,000		146,754
LCM Investments Holdings II LLC(a)
08/01/2031		8.250	%		145,000		146,167
Lithia Motors, Inc.(a)
01/15/2031		4.375	%		120,000		103,344
Lowe’s Companies, Inc.
09/15/2062		5.800	%		15,370,000		14,837,326

Corporate Bonds & Notes (continued)
Issuer		Coupon Rate			Principal Amount ($)		Value ($)
PetSmart, Inc./Finance Corp.(a)
02/15/2028			4.750	%		263,000		241,284
02/15/2029			7.750	%		217,000		204,585
Wolverine World Wide, Inc.(a)
08/15/2029			4.000	%		333,000		255,647
Total	��							17,196,010
Supermarkets 0.0%
Albertsons Companies LLC/Safeway, Inc./New Albertsons LP/Albertsons LLC(a)
03/15/2026			7.500	%		95,000		96,703
02/15/2028			5.875	%		158,000		155,920
Albertsons Companies, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(a)
03/15/2026			3.250	%		130,000		122,148
Total								374,771
Technology 0.3%
Boxer Parent Co., Inc.(a)
10/02/2025			7.125	%		88,000		87,865
Broadcom, Inc.(a)
02/15/2051			3.750	%		11,432,000		8,287,025
Camelot Finance SA(a)
11/01/2026			4.500	%		118,000		111,981
Central Parent LLC/CDK Global II LLC/Financing, Co., Inc.(a)
06/15/2029			8.000	%		44,000		45,151
Central Parent, Inc./CDK Global, Inc.(a)
06/15/2029			7.250	%		119,000		118,719
Clarivate Science Holdings Corp.(a)
07/01/2028			3.875	%		160,000		144,557
07/01/2029			4.875	%		466,000		417,096
Cloud Software Group, Inc.(a)
09/30/2029			9.000	%		604,000		543,299
CommScope Technologies LLC(a)
06/15/2025			6.000	%		103,000		80,875
03/15/2027			5.000	%		150,000		63,754
Condor Merger Sub, Inc.(a)
02/15/2030			7.375	%		544,000		470,240
Entegris Escrow Corp.(a)
06/15/2030			5.950	%		489,000		472,360
GTCR W-2 Merger Sub LLC(a)
01/15/2031			7.500	%		399,000		406,416
Helios Software Holdings, Inc.(a)
05/01/2028			4.625	%		176,000		153,712
ION Trading Technologies Sarl(a)
05/15/2028			5.750	%		200,000		169,977

Columbia Balanced Fund | First Quarter Report 2023    17

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Iron Mountain, Inc.(a)
09/15/2027		4.875	%		91,000		86,227
03/15/2028		5.250	%		159,000		150,734
07/15/2028		5.000	%		350,000		327,587
07/15/2030		5.250	%		167,000		152,893
Logan Merger Sub, Inc.(a)
09/01/2027		5.500	%		532,000		313,021
Minerva Merger Sub, Inc.(a)
02/15/2030		6.500	%		409,000		354,994
NCR Atleos Escrow Corp.(a)
04/01/2029		9.500	%		350,000		361,611
NCR Corp.(a)
10/01/2028		5.000	%		499,000		455,446
04/15/2029		5.125	%		513,000		469,821
10/01/2030		5.250	%		18,000		15,865
Neptune Bidco US, Inc.(a)
04/15/2029		9.290	%		604,000		562,888
NXP BV/Funding LLC/USA, Inc.
05/01/2030		3.400	%		9,500,000		8,374,496
Picard Midco, Inc.(a)
03/31/2029		6.500	%		549,000		505,833
Seagate HDD Cayman(a)
12/15/2029		8.250	%		118,000		125,670
07/15/2031		8.500	%		132,000		140,993
Sensata Technologies BV(a)
09/01/2030		5.875	%		106,000		101,652
Shift4 Payments LLC/Finance Sub, Inc.(a)
11/01/2026		4.625	%		354,000		336,242
Synaptics, Inc.(a)
06/15/2029		4.000	%		71,000		62,085
Tempo Acquisition LLC/Finance Corp.(a)
06/01/2025		5.750	%		284,000		281,008
Verscend Escrow Corp.(a)
08/15/2026		9.750	%		409,000		410,760
ZoomInfo Technologies LLC/Finance Corp.(a)
02/01/2029		3.875	%		575,000		496,054
Total							25,658,907
Transportation Services 0.1%
ERAC USA Finance LLC(a)
10/15/2037		7.000	%		5,050,000		5,608,321
Wireless 0.1%
Altice France Holding SA(a)
02/15/2028		6.000	%		479,000		193,307
Altice France SA(a)
02/01/2027		8.125	%		59,000		50,749
01/15/2028		5.500	%		582,000		445,279
07/15/2029		5.125	%		200,000		142,766

Corporate Bonds & Notes (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
American Tower Corp.
08/15/2029		3.800	%		3,613,000		3,316,364
T-Mobile US, Inc.
01/15/2053		5.650	%		6,765,000		6,599,727
Vmed O2 UK Financing I PLC(a)
01/31/2031		4.250	%		165,000		138,620
07/15/2031		4.750	%		331,000		282,740
Total							11,169,552
Wirelines 0.1%
AT&T, Inc.
09/15/2053		3.500	%		4,000,000		2,664,958
Frontier Communications Holdings LLC(a)
05/15/2030		8.750	%		163,000		162,685
03/15/2031		8.625	%		233,000		229,662
Iliad Holding SAS(a)
10/15/2026		6.500	%		339,000		330,343
10/15/2028		7.000	%		505,000		483,356
Total							3,871,004
Total Corporate Bonds & Notes (Cost $626,763,607)							585,153,506

Exchange-Traded Equity Funds 1.8%
				Shares		Value ($)
International Mid Large Cap 1.8%
iShares Core MSCI EAFE ETF					2,163,578		146,149,694
Total Exchange-Traded Equity Funds (Cost $145,112,086)							146,149,694
Foreign Government Obligations(h) 0.0%
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Canada 0.0%
NOVA Chemicals Corp.(a)
06/01/2024		4.875	%		69,000		68,175
06/01/2027		5.250	%		217,000		195,252
11/15/2028		8.500	%		71,000		73,375
05/15/2029		4.250	%		290,000		229,178
Total							565,980
Total Foreign Government Obligations (Cost $631,565)							565,980

18    Columbia Balanced Fund | First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Residential Mortgage-Backed Securities - Agency 13.4%
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Federal Home Loan Mortgage Corp.
07/01/2029-
09/01/2043		3.500	%		516,376		490,671
10/01/2031-
10/01/2039		6.000	%		101,522		104,236
06/01/2032-
07/01/2032		7.000	%		97,114		99,792
12/01/2036-
01/01/2039		5.500	%		48,268		49,067
03/01/2038		6.500	%		481		494
10/01/2038-
05/01/2041		5.000	%		108,264		108,143
05/01/2039-
10/01/2040		4.500	%		312,471		302,084
12/01/2051		2.500	%		29,407,395		23,845,395
Federal Home Loan Mortgage Corp.(b)
12-month Term SOFR + 1.703%
Cap 11.242%
08/01/2036		5.573	%		4,061		4,143
Federal Home Loan Mortgage Corp.(i)
01/01/2038		6.000	%		140,821		145,545
05/01/2038		5.500	%		66,160		67,060
11/01/2039-
06/01/2041		4.500	%		758,935		734,377
05/01/2041		5.000	%		193,394		193,226
01/01/2043-
06/01/2046		3.500	%		509,943		463,796
Federal National Mortgage Association(i)
12/01/2025-
03/01/2046		3.500	%		3,780,956		3,515,923
07/01/2027-
02/01/2031		3.000	%		1,017,404		968,835
10/01/2043-
02/01/2044		4.500	%		497,236		477,400
08/01/2044		4.000	%		125,781		117,689
Federal National Mortgage Association
01/01/2026-
05/01/2027		3.500	%		203,578		199,044
01/01/2029-
06/01/2044		4.000	%		413,063		402,918
06/01/2031		7.000	%		38,758		39,779
07/01/2032-
03/01/2037		6.500	%		118,133		122,341
06/01/2037-
02/01/2038		5.500	%		50,305		51,065
05/01/2040-
06/01/2044		4.500	%		740,572		713,977
08/01/2043		3.000	%		95,245		83,791
Federal National Mortgage Association(c)
Series 2006-M2 Class A2A
10/25/2032		5.271	%		146,733		145,220

Residential Mortgage-Backed Securities - Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Uniform Mortgage-Backed Security TBA(e)
12/18/2038-
12/13/2053		3.000	%		249,550,000		211,691,296
12/18/2038-
12/13/2053		3.500	%		165,550,000		147,354,268
12/13/2053		2.000	%		51,775,000		40,202,478
12/13/2053		2.500	%		124,975,000		101,171,168
12/13/2053		4.000	%		264,300,000		239,929,682
12/13/2053		4.500	%		126,175,000		118,135,555
12/13/2053		5.000	%		115,450,000		111,093,193
12/13/2053		6.000	%		82,225,000		82,453,295
Total Residential Mortgage-Backed Securities—Agency
(Cost $1,062,617,685)							1,085,476,946
Residential Mortgage-Backed Securities - Non-Agency 9.0%
510 Asset Backed Trust(a),(c)
CMO Series 2021-NPL2 Class A1
06/25/2061		2.116	%		6,342,781		5,969,719
Ajax Mortgage Loan Trust(a),(c)
CMO Series 2021-A Class A1
09/25/2065		1.065	%		12,910,326		10,983,151
CMO Series 2021-B Class A
06/25/2066		2.239	%		6,154,584		5,858,746
Angel Oak Mortgage Trust(a),(c)
CMO Series 2020-6 Class A3
05/25/2065		1.775	%		700,612		610,213
CMO Series 2020-6 Class M1
05/25/2065		2.805	%		2,575,000		1,914,392
CMO Series 2020-R1 Class A1
04/25/2053		0.990	%		2,910,432		2,645,869
CMO Series 2022-6 Class A1
07/25/2067		4.300	%		25,999,870		24,270,047
Bellemeade Re Ltd.(a),(b)
CMO Series 2021-1A Class M1C
30-day Average SOFR + 2.950%
Floor 2.950%
03/25/2031		8.278	%		5,337,000		5,342,392
CMO Series 2021-3A Class M1A
30-day Average SOFR + 1.000%
Floor 1.000%
09/25/2031		6.328	%		3,937,468		3,936,167
BRAVO Residential Funding Trust(a),(c)
CMO Series 2020-NQM1 Class A1
05/25/2060		1.449	%		889,413		834,129
CMO Series 2020-RPL1 Class A1
05/26/2059		2.500	%		3,090,241		2,918,250
CMO Series 2021-A Class A1
10/25/2059		1.991	%		6,933,661		6,667,741
CMO Series 2021-B Class A1
04/01/2069		2.115	%		4,827,175		4,632,734

Columbia Balanced Fund | First Quarter Report 2023    19

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Residential Mortgage-Backed Securities - Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2021-NQM1 Class A1
02/25/2049		0.941	%		6,456,692		5,649,031
CMO Series 2021-NQM1 Class A3
02/25/2049		1.332	%		2,615,529		2,265,511
CMO Series 2021-NQM2 Class A3
03/25/2060		1.435	%		1,398,867		1,279,287
CMO Series 2022-NQM3 Class A1
07/25/2062		5.108	%		6,189,730		6,044,040
Subordinated CMO Series 2021-NQM2 Class B1
03/25/2060		3.044	%		2,725,000		2,248,612
CHNGE Mortgage Trust(a),(c)
CMO Series 2022-1 Class A1
01/25/2067		3.007	%		12,285,442		11,083,803
CMO Series 2022-NQM1 Class A1
06/25/2067		5.528	%		5,292,557		5,162,608
CIM Trust(a),(c)
CMO Series 2021-NR1 Class A1
07/25/2055		2.569	%		3,556,372		3,471,468
CMO Series 2021-NR2 Class A1
07/25/2059		2.568	%		3,212,935		3,121,129
COLT Mortgage Loan Trust(a),(c)
CMO Series 2020-2 Class A1
03/25/2065		1.853	%		36,284		35,977
CMO Series 2021-HX1 Class M1
10/25/2066		2.355	%		3,250,000		1,986,530
CMO Series 2022-1 Class A1
12/27/2066		2.284	%		13,543,020		11,501,576
CMO Series 2022-4 Class A1
03/25/2067		4.301	%		11,588,240		10,840,128
COLT Mortgage Loan Trust(a)
CMO Series 2021-2R Class A1
07/27/2054		0.798	%		2,015,213		1,710,954
Connecticut Avenue Securities Trust(a),(b)
CMO Series 2020-R01 Class 1M2
30-day Average SOFR + 2.164%
01/25/2040		7.493	%		2,497,362		2,530,092
CMO Series 2022-R04 Class 1M2
30-day Average SOFR + 3.100%
03/25/2042		8.428	%		7,200,000		7,408,999
Credit Suisse Mortgage Trust(a),(c)
CMO Series 2021-AFC1 Class A1
03/25/2056		0.830	%		3,998,884		2,926,448
CMO Series 2021-NQM1 Class A3
05/25/2065		1.199	%		1,368,622		1,147,809
CMO Series 2021-NQM1 Class M1
05/25/2065		2.130	%		1,075,000		663,240
CMO Series 2021-RPL1 Class A1
09/27/2060		1.668	%		9,405,210		8,881,303

Residential Mortgage-Backed Securities - Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2021-RPL2 Class M1
01/25/2060		2.750	%		4,775,000		3,287,950
CMO Series 2021-RPL2 Class M2
01/25/2060		3.250	%		2,525,000		1,685,247
CMO Series 2022-ATH3 Class A1
08/25/2067		4.991	%		5,845,101		5,624,692
CSMC Trust(a),(c)
CMO Series 2018-RPL9 Class A
09/25/2057		3.850	%		8,880,718		8,215,054
CMO Series 2021-RPL4 Class A1
12/27/2060		1.796	%		6,694,336		6,340,025
Subordinated CMO Series 2020-RPL3 Class A1
03/25/2060		2.691	%		4,562,850		4,493,255
Subordinated CMO Series 2020-RPL4 Class A1
01/25/2060		2.000	%		3,729,327		3,212,667
CSMC Trust(a)
CMO Series 2019-AFC1 Class A1
07/25/2049		2.573	%		2,316,747		2,116,927
Eagle Re Ltd.(a),(b)
CMO Series 2021-1 Class M1C
30-day Average SOFR + 2.700%
Floor 2.700%
10/25/2033		8.021	%		1,756,611		1,761,487
CMO Series 2021-2 Class M1B
30-day Average SOFR + 2.050%
Floor 2.050%
04/25/2034		7.378	%		11,950,000		11,965,390
Ellington Financial Mortgage Trust(a),(c)
CMO Series 2019-2 Class A3
11/25/2059		3.046	%		576,644		532,961
CMO Series 2020-1 Class A1
05/25/2065		2.006	%		146,590		139,486
CMO Series 2022-2 Class A1
04/25/2067		4.299	%		31,401,183		29,189,293
Equifirst Mortgage Loan Trust(c)
CMO Series 2003-1 Class IF1
12/25/2032		4.010	%		21,807		19,926
Freddie Mac STACR REMIC Trust(a),(b)
CMO Series 2021-DNA1 Class M2
30-day Average SOFR + 1.800%
01/25/2051		7.128	%		2,867,166		2,875,678
CMO Series 2021-DNA5 Class M2
30-day Average SOFR + 1.650%
01/25/2034		6.978	%		2,362,862		2,368,536
CMO Series 2022-DNA3 Class M1B
30-day Average SOFR + 2.900%
04/25/2042		8.228	%		7,000,000		7,150,389

20    Columbia Balanced Fund | First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Residential Mortgage-Backed Securities - Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2022-DNA4 Class M1A
30-day Average SOFR + 2.200%
05/25/2042		7.528	%		14,020,540		14,195,071
Subordinated CMO Series 2022-DNA6 Class M1A
30-day Average SOFR + 2.150%
09/25/2042		7.478	%		2,682,525		2,708,538
Freddie Mac STACR Trust(a),(b)
CMO Series 2019-DNA4 Class M2
30-day Average SOFR + 2.064%
10/25/2049		7.393	%		124,569		124,569
Freddie Mac Structured Agency Credit Risk Debt Notes(a),(b)
CMO Series 2022-DNA2 Class M1B
30-day Average SOFR + 2.400%
02/25/2042		7.728	%		16,150,000		16,282,430
CMO Series 2022-DNA5 Class M1A
30-day Average SOFR + 2.950%
06/25/2042		8.278	%		9,850,849		10,089,330
Subordinated CMO Series 2021-DNA7 Class M1
30-day Average SOFR + 0.850%
11/25/2041		6.178	%		19,167,781		19,056,667
GCAT Trust(a),(c)
CMO Series 2019-RPL1 Class A1
10/25/2068		2.650	%		4,359,383		4,084,222
CMO Series 2021-CM2 Class A1
08/25/2066		2.352	%		16,965,806		15,208,303
CMO Series 2022-NQM3 Class A1
04/25/2067		4.349	%		32,162,186		30,110,885
Genworth Mortgage Insurance Corp.(a),(b)
CMO Series 2021-3 Class M1A
30-day Average SOFR + 1.900%
Floor 1.900%
02/25/2034		7.221	%		542,120		543,722
GS Mortgage-Backed Securities Trust(a),(c)
CMO Series 2020-NQM1 Class A1
09/27/2060		1.382	%		1,999,925		1,781,541
Homeward Opportunities Fund I Trust(a),(c)
CMO Series 2020-2 Class A3
05/25/2065		3.196	%		3,450,000		3,204,962
Imperial Fund Mortgage Trust(a),(c)
CMO Series 2021-NQM2 Class A3
09/25/2056		1.516	%		5,360,399		4,120,981
Legacy Mortgage Asset Trust(a),(c)
CMO Series 2021-GS1 Class A1
10/25/2066		1.892	%		6,706,986		6,388,604
CMO Series 2021-GS2 Class A1
04/25/2061		1.750	%		13,266,692		12,491,100
MetLife Securitization Trust(a),(c)
CMO Series 2018-1A Class A
03/25/2057		3.750	%		2,206,639		2,046,321

Residential Mortgage-Backed Securities - Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
MFA Trust(a),(c)
CMO Series 2020-NQM3 Class M1
01/26/2065		2.654	%		2,925,000		2,338,768
CMO Series 2021-NQM1 Class A1
04/25/2065		1.153	%		3,443,167		3,018,444
CMO Series 2022-NQM2 Class A1
05/25/2067		4.000	%		30,616,955		28,282,293
MFRA Trust(a),(c)
CMO Series 2021-INV1 Class A1
01/25/2056		0.852	%		1,132,102		1,021,596
CMO Series 2021-INV1 Class A2
01/25/2056		1.057	%		235,123		212,844
CMO Series 2021-INV1 Class A3
01/25/2056		1.262	%		362,762		328,045
Mill City Mortgage Loan Trust(a),(c)
CMO Series 2018-3 Class A1
08/25/2058		3.482	%		3,929,851		3,775,600
CMO Series 2021-NMR1 Class M1
11/25/2060		1.850	%		7,225,000		6,088,120
New Residential Mortgage Loan Trust(a)
CMO Series 2016-3A Class A1
09/25/2056		3.750	%		732,637		676,295
NRZ Excess Spread-Collateralized Notes(a)
Series 2020-PLS1 Class A
12/25/2025		3.844	%		2,080,535		1,960,619
Oaktown Re VI Ltd.(a),(b)
CMO Series 2021-1A Class M1B
30-day Average SOFR + 2.050%
Floor 2.050%
10/25/2033		7.378	%		3,092,046		3,091,148
OBX Trust(a),(c)
CMO Series 2023-NQM8 Class A1
09/25/2063		7.045	%		10,221,774		10,293,590
CMO Series 2023-NQM8 Class A2
09/25/2063		7.248	%		8,354,334		8,397,224
Oceanview Mortgage Loan Trust(a)
CMO Series 2020-1 Class A1A
05/28/2050		1.733	%		1,675,804		1,492,678
Preston Ridge Partners Mortgage(a),(c)
CMO Series 2021-4 Class A1
04/25/2026		1.867	%		13,196,536		12,555,428
Preston Ridge Partners Mortgage Trust(a),(c)
CMO Series 2020-6 Class A1
11/25/2025		2.363	%		3,112,574		3,039,042
CMO Series 2021-1 Class A1
01/25/2026		2.115	%		5,299,906		5,108,889
CMO Series 2021-10 Class A1
10/25/2026		2.487	%		7,498,359		7,044,250

Columbia Balanced Fund | First Quarter Report 2023    21

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Residential Mortgage-Backed Securities - Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)			Value ($)
CMO Series 2021-2 Class A1
03/25/2026		2.115	%		4,095,490			3,940,196
CMO Series 2021-3 Class A1
04/25/2026		1.867	%		6,456,846			6,151,490
CMO Series 2021-9 Class A1
10/25/2026		2.363	%		11,803,215			11,168,231
Pretium Mortgage Credit Partners LLC(a),(c)
CMO Series 2021-NPL6 Class A1
07/25/2051		2.487	%		13,770,002			13,304,025
PRKCM Trust(a),(c)
CMO Series 2021-AFC2 Class A3
11/25/2056		2.893	%		12,941,000			7,569,389
CMO Series 2021-AFC2 Class M1
11/25/2056		3.443	%		9,528,000			5,728,984
Subordinated CMO Series 2021-AFC2 Class B1
11/25/2056		3.701	%		8,383,000			4,852,715
PRPM LLC(a),(c)
CMO Series 2021-RPL1 Class A1
07/25/2051		1.319	%		3,489,043			3,062,794
Radnor Re Ltd.(a),(b)
Subordinated CMO Series 2021-2 Class M1A
30-day Average SOFR + 1.850%
Floor 1.850%
11/25/2031		7.178	%		1,080,866			1,080,337
Subordinated CMO Series 2021-2 Class M1B
30-day Average SOFR + 3.700%
Floor 3.700%
11/25/2031		9.028	%		4,775,000			4,756,050
Residential Mortgage Loan Trust(a),(c)
CMO Series 2020-1 Class A3
01/26/2060		2.684	%		639,866			606,781
Starwood Mortgage Residential Trust(a),(c)
CMO Series 2019-INV1 Class A3
09/27/2049		2.916	%		3,454,676			3,278,395
CMO Series 2020-2 Class A3
04/25/2060		3.000	%		4,035,598			3,897,736
CMO Series 2020-INV1 Class A3
11/25/2055		1.593	%		794,068			717,461
CMO Series 2021-4 Class M1
08/25/2056		2.400	%		3,475,000			2,071,105
Toorak Mortgage Corp., Ltd.(a),(c)
CMO Series 2021-1 Class A1
06/25/2024		2.240	%		3,600,292			3,544,574
Towd Point HE Trust(a),(c)						��
CMO Series 2021-HE1 Class M2
02/25/2063		2.500	%		2,800,000			2,424,466
Towd Point Mortgage Trust(a),(c)
CMO Series 2018-1 Class A1
01/25/2058		3.000	%		707,422			682,090

Residential Mortgage-Backed Securities - Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2018-6 Class A1A
03/25/2058		3.750	%		2,765,787		2,686,041
Towd Point Mortgage Trust(a),(b)
CMO Series 2019-HY1 Class A1
1-month Term SOFR + 1.114%
10/25/2048		6.457	%		2,401,003		2,406,266
CMO Series 2019-HY2 Class A1
1-month Term SOFR + 1.114%
05/25/2058		6.457	%		2,798,934		2,832,397
VCAT Asset Securitization LLC(a),(c)
CMO Series 2021-NPL6 Class A1
09/25/2051		1.917	%		21,959,578		20,801,724
VCAT LLC(a),(c)
CMO Series 2021-NPL1 Class A1
12/26/2050		2.289	%		569,941		555,982
Vericrest Opportunity Loan Transferee(a),(c)
CMO Series 2021-NP11 Class A1
08/25/2051		1.868	%		10,469,261		9,752,108
Vericrest Opportunity Loan Transferee XCII LLC(a),(c)
CMO Series 2021-NPL1 Class A1
02/27/2051		1.893	%		6,328,770		6,053,407
Vericrest Opportunity Loan Transferee XCIII LLC(a),(c)
CMO Series 2021-NPL2 Class A1
02/27/2051		1.893	%		5,889,333		5,553,143
Vericrest Opportunity Loan Transferee XCIV LLC(a),(c)
CMO Series 2021-NPL3 Class A1
02/27/2051		2.240	%		6,962,587		6,733,957
Vericrest Opportunity Loan Transferee XCIX LLC(a),(c)
CMO Series 2021-NPL8 Class A1
04/25/2051		2.116	%		4,447,587		4,235,935
Vericrest Opportunity Loan Transferee XCVI LLC(a),(c)
CMO Series 2021-NPL5 Class A1
03/27/2051		2.116	%		4,004,208		3,830,553
Vericrest Opportunity Loan Transferee XCVII LLC(a),(c)
CMO Series 2021-NPL6 Class A1
04/25/2051		2.240	%		17,332,979		16,333,157
Vericrest Opportunity Loan Trust CI LLC(a),(c)
CMO Series 2021-NP10 Class A1
05/25/2051		1.992	%		13,818,852		12,859,900
Verus Securitization Trust(a),(c)
CMO Series 2019-4 Class A3
11/25/2059		3.000	%		2,940,821		2,795,676
CMO Series 2020-1 Class M1
01/25/2060		3.021	%		6,350,000		5,114,948
CMO Series 2020-2 Class A1
05/25/2060		2.226	%		410,455		402,001
CMO Series 2020-INV1 Class A1
03/25/2060		1.977	%		91,108		89,788

22    Columbia Balanced Fund | First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Residential Mortgage-Backed Securities - Non-Agency (continued)
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2021-R1 Class A2
10/25/2063		1.057	%		959,882		868,437
CMO Series 2021-R1 Class A3
10/25/2063		1.262	%		1,223,076		1,106,028
CMO Series 2022-1 Class A1
01/25/2067		2.724	%		21,373,466		18,578,770
CMO Series 2022-4 Class A1
04/25/2067		4.474	%		2,692,044		2,563,374
CMO Series 2023-6 Class A2
09/25/2068		6.939	%		4,150,739		4,145,448
CMO Series 2023-INV1 Class A1
02/25/2068		5.999	%		18,730,155		18,507,699
Visio Trust(a),(c)
CMO Series 2019-2 Class A3
11/25/2054		3.076	%		1,456,764		1,352,252
Visio Trust(a)
CMO Series 2020-1R Class A2
11/25/2055		1.567	%		888,353		808,140
CMO Series 2020-1R Class A3
11/25/2055		1.873	%		1,010,852		921,434
Total Residential Mortgage-Backed Securities—Non-Agency
(Cost $789,557,471)							729,408,561
Senior Loans 0.0%
Borrower	Coupon Rate			Principal Amount ($)		Value ($)
Chemicals 0.0%
WR Grace Holdings LLC(b),(j)
Term Loan
3-month Term SOFR + 3.750%
Floor 0.500%
09/22/2028		9.402	%		211,238		210,287
Consumer Cyclical Services 0.0%
8th Avenue Food & Provisions, Inc.(b),(j)
2nd Lien Term Loan
1-month Term SOFR + 7.750%
10/01/2026		13.213	%		32,969		24,933
Media and Entertainment 0.0%
Cengage Learning, Inc.(b),(j)
Tranche B 1st Lien Term Loan
3-month Term SOFR + 4.750%
Floor 1.000%
07/14/2026		10.405	%		348,434		347,869

Senior Loans (continued)
Borrower	Coupon Rate			Principal Amount ($)		Value ($)
Technology 0.0%
Ascend Learning LLC(b),(j)
1st Lien Term Loan
1-month Term SOFR + 3.500%
Floor 0.500%
12/11/2028		8.948	%		321,228		313,509
2nd Lien Term Loan
1-month Term SOFR + 5.750%
Floor 0.500%
12/10/2029		11.198	%		150,000		127,741
DCert Buyer, Inc.(b),(j)
2nd Lien Term Loan
1-month Term SOFR + 7.000%
02/19/2029		12.348	%		233,000		210,185
UKG, Inc.(b),(j)
1st Lien Term Loan
3-month Term SOFR + 3.250%
Floor 0.500%
05/04/2026		8.764	%		148,263		148,263
2nd Lien Term Loan
3-month Term SOFR + 5.250%
Floor 0.500%
05/03/2027		10.764	%		291,000		290,820
Total							1,090,518
Total Senior Loans (Cost $1,726,428)							1,673,607
U.S. Treasury Obligations 0.3%
Issuer	Coupon Rate			Principal Amount ($)		Value ($)
U.S. Treasury(i)
02/15/2045		2.500	%		38,125,000		26,747,070
Total U.S. Treasury Obligations
(Cost $35,928,472)							26,747,070
Money Market Funds 10.2%
				Shares		Value ($)
Columbia Short-Term Cash Fund, 5.605%(k),(l)					827,736,524		827,570,976
Total Money Market Funds (Cost $827,379,716)							827,570,976
Total Investments in Securities (Cost: $7,113,442,936)							9,102,112,792
Other Assets & Liabilities, Net							(972,970,332	)
Net Assets							8,129,142,460

At November 30, 2023, securities and/or cash totaling $17,195,504 were pledged as collateral.

Columbia Balanced Fund | First Quarter Report 2023    23

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Investments in derivatives

Long futures contracts
Description	Number of contracts		Expiration date		Trading currency		Notional amount		Value/Unrealized appreciation ($)		Value/Unrealized depreciation ($)
U.S. Treasury 10-Year Note		2,066		03/2024		USD		226,840,344		1,161,963		—
U.S. Treasury 2-Year Note		1,203		03/2024		USD		245,966,508		739,429		—
U.S. Treasury 5-Year Note		3,760		03/2024		USD		401,761,877		1,966,905		—
Total										3,868,297		—

Short futures contracts

Description

Number of contracts

Expiration date

Trading currency

Notional amount

Value/Unrealized appreciation ($)

Value/Unrealized depreciation ($)

U.S. Treasury Ultra Bond

(42

)

03/2024

USD

(5,166,000

)

—

(30,778

)

Notes to Portfolio of Investments

(a) 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 November 30, 2023, the total value of these securities amounted to $1,643,004,087, which represents 20.21% of total net assets.

(b) Variable rate security. The interest rate shown was the current rate as of November 30, 2023.

(c) Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. The interest rate shown was the current rate as of November 30, 2023.

(d) Non-income producing investment.

(e) Represents a security purchased on a when-issued basis.

(f) Payment-in-kind security. Interest can be paid by issuing additional par of the security or in cash.

(g) Represents a variable rate security with a step coupon where the rate adjusts according to a schedule for a series of periods, typically lower for an initial period and then increasing to a higher coupon rate thereafter. The interest rate shown was the current rate as of November 30, 2023.

(h) Principal and interest may not be guaranteed by a governmental entity.

(i) This security or a portion of this security has been pledged as collateral in connection with derivative contracts.

(j) The stated interest rate represents the weighted average interest rate at November 30, 2023 of contracts within the senior loan facility. Interest rates on contracts are primarily determined either weekly, monthly or quarterly by reference to the indicated base lending rate and spread and the reset period. Base lending rates may be subject to a floor or minimum rate. The interest rate for senior loans purchased on a when-issued or delayed delivery basis will be determined upon settlement, therefore no interest rate is disclosed. Senior loans often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay cannot be predicted with accuracy. As a result, remaining maturities of senior loans may be less than the stated maturities. Generally, the Fund is contractually obligated to receive approval from the agent bank and/or borrower prior to the disposition of a senior loan.

(k) The rate shown is the seven-day current annualized yield at November 30, 2023.

(l) 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 November 30, 2023 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, 5.605%		833,279,115		522,421,502		(528,190,557	)		60,916		827,570,976		12,582		10,604,174		827,736,524

Abbreviation Legend

CMO	Collateralized Mortgage Obligation
SOFR	Secured Overnight Financing Rate
TBA	To Be Announced

Currency Legend

USD US Dollar

24    Columbia Balanced Fund | First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Balanced Fund, November 30, 2023 (Unaudited)

Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.

Columbia Balanced Fund | First Quarter Report 2023    25

You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

1QT120_08_P01_(01/24)