Wanger Select
Data updated: 2023-05-25
C000024405 — Wanger Select. China Real Estate · $71.90M AUM · 0.95% expense ratio · -12.5% 1-yr return. Holdings, fees, performance and SEC filings.
C000024405 Fund Overview
Wanger Select is a US mutual fund managed by Columbia Funds Variable Series Trust, categorised as China Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Columbia Funds Variable Series Trust
- Category: China Real Estate
- Assets under management: $71.90M
- 1-year return: -12.5%
- SEC CIK: 0000929521
- SEC series ID: S000008983
- Share class ID: C000024405
C000024405 Investment Objective and Strategy
Wanger Select describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Columbia Funds Variable Series Trust.
Investment objective
Wanger Select (the Fund) seeks long-term capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund (i) invests a majority of its net assets in the common stock of small- and mid-sized companies with market capitalizations under $20 billion at the time of initial investment (Focus Stocks) and (ii) may also invest in companies with market capitalizations above $20 billion, provided that immediately after that investment a majority of the Funds net assets would be invested in Focus Stocks. The Fund may continue to hold, and make additional investments in, Focus Stocks whose market capitalizations have grown to exceed $20 billion, regardless of whether the Funds investments in Focus Stocks are a majority of the Funds net assets. Columbia Wanger Asset Management, LLC, the Fund's investment adviser (the Investment Manager), believes that stocks of small- and mid-sized companies, which generally are not as well known by financial analysts as larger companies, may offer higher return potential than stocks of larger companies.
The Fund invests the majority of its assets in U.S. companies, but also may invest up to 20% of its total assets in foreign companies in developed markets (for example, Japan, Canada and the United Kingdom). A portion of the Funds foreign exposure may also include companies in emerging markets (for example, China, India and Colombia). The Fund also may invest up to 20% of its net assets in real estate investment trusts. The Fund invests in a limited number of companies (generally between 20-40), offering the potential to provide above-average growth over time. In pursuit of the Funds objective, the portfolio manager takes advantage of the research and stock-picking capabilities of the Investment Manager. The Investment Manager seeks to select investments which offer the best combination of risk and return.
The Investment Managers efforts are generally focused on sectors, industries and companies which provide higher expected growth than the overall U.S. economy. The Investment Manager typically seeks companies with: A strong business franchise that offers growth potential. Products and services in which the company has a competitive advantage. A stock price the Investment Manager believes is reasonable relative to the assets and earning power of the company. The Investment Manager may sell a portfolio holding if the security reaches the Investment Manager's price target, if the company has a deterioration of fundamentals, such as failing to meet key operating benchmarks, or if the Investment Manager believes other securities are more attractive. The Investment Manager also may sell a portfolio holding to fund redemptions.
C000024405 Holdings
Top 10 holdings of Wanger Select by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| GoDaddy Inc | 3.80% |
| Teradyne, Inc. | 3.68% |
| Chemed Corp. | 3.52% |
| Cadence Design Syst, Inc. | 3.41% |
| Planet Fitness Inc | 3.21% |
| Zynga Inc | 3.18% |
| Take-Two Interactive Software Inc. | 3.15% |
| HubSpot Inc | 3.03% |
| Acceleron Pharma, Inc. | 3.01% |
| Manhattan Assoc, Inc. | 2.99% |
C000024405 Portfolio Allocation
Asset-class allocation of Wanger Select by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.4% |
| Cash & Equivalents | 1.7% |
C000024405 Performance
Total returns for C000024405 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -12.5% |
| 3 years (annualised) | 7.3% |
C000024405 Risk Information
Risk metrics for C000024405, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 29.4%
C000024405 Costs and Fees
C000024405 costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 1.09%
- Portfolio turnover: 119%
- Brokerage commissions: 7.93 bps of average net assets (SEC N-CEN)
C000024405 Cashflows
Over the 12 months to 2023-03, Wanger Select had net inflows of $31.94M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-03 | −$683.76K |
| 2023-02 | −$549.67K |
| 2023-01 | −$569.38K |
| 2022-12 | −$424.60K |
| 2022-11 | −$365.36K |
| 2022-10 | −$470.24K |
C000024405 Debt Constituents
No individual debt constituents are reported in Wanger Select's latest SEC N-PORT filing.
C000024405 Prospectus and SEC Filings
Official Wanger Select filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-04-28
- Prospectus (485BPOS) — filed 2021-04-28
- Prospectus (485BPOS) — filed 2020-05-15
- Portfolio holdings (N-PORT) — filed 2023-05-25
- Portfolio holdings (N-PORT) — filed 2023-02-24
- Portfolio holdings (N-PORT) — filed 2022-11-25
- Annual census (N-CEN) — filed 2023-03-15
- Annual census (N-CEN) — filed 2022-03-15
Related Funds
Other China Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.