Columbia Global Energy and Natural Resources Fund
Data updated: 2020-07-28
C000061814 — Columbia Global Energy and Natural Resources Fund. Emerging Markets Blend / Core Energy Equity. Holdings, fees, performance and SEC filings.
C000061814 Fund Overview
Columbia Global Energy and Natural Resources Fund is a US mutual fund managed by Columbia Funds Series Trust I, categorised as Emerging Markets Blend / Core Energy Equity. 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 Series Trust I
- Category: Emerging Markets Blend / Core Energy Equity
- Assets under management: $122.16M
- SEC CIK: 0000773757
- SEC series ID: S000021573
- Share class ID: C000061814
C000061814 Investment Objective and Strategy
Columbia Global Energy and Natural Resources Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Columbia Funds Series Trust I.
Investment objective
Columbia Global Energy and Natural Resources Fund (the Fund) seeks long-term capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of borrowings for investment purposes) in equity securities (including, but not limited to, common stocks, preferred stocks and securities convertible into common or preferred stocks) of U.S. and foreign companies engaged in the energy and natural resources industries. These companies include those engaged in the discovery, development, production or distribution of energy or natural resources and companies that develop technologies for, and furnish energy and natural resource supplies and services to, these companies. The Fund may invest in companies that have market capitalizations of any size. The Fund typically invests at least 50% of its assets in crude oil, petroleum and natural gas companies.
The Fund also may invest up to 35% of its assets to gain exposure to precious metals, such as gold, including companies engaged in the production of precious metals. Under normal circumstances, the Fund generally invests at least 40% of its net assets in companies that maintain their principal place of business or conduct their principal business activities outside the U.S., companies that have their securities traded on non-U.S. exchanges or that have securities that trade in the form of depositary receipts or companies that have been formed under the laws of non-U.S. countries, including those of emerging markets. The Fund considers a company to conduct its principal business activities outside the U.S. if it derives at least 50% of its revenue or profits from business outside the U.S. or has at least 50% of its sales or assets outside the U.S.
This 40% minimum investment amount may be reduced to 30% if market conditions for these investments or specific foreign markets are deemed unfavorable. The Fund may invest in derivatives, including forward contracts (including forward foreign currency contracts) and options, in an effort to enhance returns, to hedge existing positions, to manage the Funds overall risk exposure, to increase market exposure, and/or to increase investment flexibility (including using the derivative as a substitute for a position in an underlying security, currency, asset, or other instrument or reference). Derivatives may be used by the Fund to obtain net long and/or net negative (short) exposure to a security, currency, asset, or other instrument or reference. The Fund may invest in securities that the investment manager believes are undervalued, represent growth opportunities, or both.
The investment manager uses primarily fundamental analysis, as well as quantitative research tools and risk management, to identify investment opportunities and construct the Funds portfolio. The Fund is non-diversified, which means that it can invest a greater percentage of its assets in the securities of fewer issuers than can a diversified fund.
C000061814 Costs and Fees
C000061814 costs about $109 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.09%
- Gross expense ratio: 1.09%
- Portfolio turnover: 13%
- Brokerage commissions: 3.13 bps of average net assets (SEC N-CEN)
C000061814 Cashflows
Over the 12 months to 2020-05, Columbia Global Energy and Natural Resources Fund had net outflows of $10.39M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-05 | −$1.44M |
| 2020-04 | $257.21K |
| 2020-03 | −$1.11M |
| 2020-02 | −$2.91M |
| 2020-01 | −$2.98M |
| 2019-12 | $785.36K |
C000061814 Debt Constituents
No individual debt constituents are reported in Columbia Global Energy and Natural Resources Fund's latest SEC N-PORT filing.
C000061814 Prospectus and SEC Filings
Official Columbia Global Energy and Natural Resources Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-01-10
- Prospectus (485BPOS) — filed 2019-01-14
- Prospectus (485BPOS) — filed 2018-01-18
- Portfolio holdings (N-PORT) — filed 2020-07-28
- Portfolio holdings (N-PORT) — filed 2020-04-24
- Portfolio holdings (N-PORT) — filed 2020-01-27
- Annual census (N-CEN) — filed 2019-11-12
- Annual census (N-CEN) — filed 2018-11-13
Related Funds
Other Emerging Markets Blend / Core Energy Equity 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.