Columbia Global Infrastructure Fund
Data updated: 2020-07-10
C000094295 — Columbia Global Infrastructure Fund. Emerging Markets Real Estate · $131.96M AUM. Holdings, fees, performance and SEC filings.
C000094295 Fund Overview
Columbia Global Infrastructure Fund is a US mutual fund managed by Columbia Funds Series Trust II, categorised as Emerging Markets 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 Series Trust II
- Category: Emerging Markets Real Estate
- Assets under management: $131.96M
- SEC CIK: 0001352280
- SEC series ID: S000024799
- Share class ID: C000094295
C000094295 Investment Objective and Strategy
Columbia Global Infrastructure Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Columbia Funds Series Trust II.
Investment objective
Columbia Global Infrastructure Fund (the Fund) seeks to provide shareholders with long-term growth of capital.
Principal investment strategy
The Fund invests in infrastructure-related securities that have good prospects for growth or capital appreciation. Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in securities (equity, fixed-income and/or other hybrid (convertible) securities) of infrastructure-related issuers and/or securities intended primarily to finance infrastructure-related activities. Infrastructure-related issuers are defined as U.S. or foreign companies that derive at least 50% of their revenues or profits from the ownership, development, construction, operation, utilization or financing of infrastructure-related assets, or have at least 50% of the fair market value of their assets invested in infrastructure-related assets.
Investments in infrastructure-related issuers may also include securities issued to finance infrastructure-related assets. Infrastructure-related assets are the physical structures and networks which provide necessary services to society. Examples of infrastructure-related assets include, among others, transportation assets (e.g., roads, bridges, railroads, airports, seaports, tunnels), utility assets (e.g., electric transmission and distribution lines, power generation facilities, broadcast and wireless towers, gas and water distribution facilities, cable and satellite networks) and social assets (e.g., hospitals, schools, stadiums, courthouses). The Funds investments include issuers with a direct investment in infrastructure-related companies and in issuers that operate or utilize infrastructure-related assets (e.g., airlines, automakers, and technology companies) or issuers with indirect exposure to infrastructure-related assets (e.g., suppliers of construction materials).
The Fund may also invest in securities that are intended to finance infrastructure-related activities. The Fund may invest up to 20% of its assets in securities of issuers that are not infrastructure-related. The Funds investments can include high-yield instruments, which are investments rated below investment grade by a nationally recognized statistical rating organization, or if unrated, determined to be of comparable quality (commonly referred to as high-yield securities or junk bonds). The Fund may invest in companies that have market capitalizations of any size. Under normal circumstances, the Fund invests at least 40% of its net assets in issuers that maintain their principal place of business or conduct their principal business activities outside the U.S., issuers that have their securities traded on non-U.S.
exchanges or issuers that have been formed under the laws of non-U.S. countries (the 40% Global Investment Policy). The Fund considers an issuer 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. From time to time, the Fund may be below this 40% level and, in such circumstances, the Fund will then endeavor to invest its assets to bring the Funds net assets above this 40% level, consistent with the investment managers view of market and other conditions and available investment opportunities. Such investments can include securities of emerging market and frontier market issuers. The Fund may from time to time emphasize one or more sectors in selecting its investments, including the energy sector and the industrials sector.
In addition to investing in individual stocks, bonds or other securities, the Fund may invest in publicly-traded units of master limited partnerships, real estate investment trusts (REITs) and other pooled investment vehicles and investment companies. The Fund may invest in privately placed and other securities or instruments that are purchased and sold pursuant to Rule 144A or other exemptions under the Securities Act of 1933, as amended, subject to liquidity determinations and certain regulatory restrictions.
C000094295 Costs and Fees
C000094295 costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 0.95%
- Portfolio turnover: 58%
- Brokerage commissions: 12.10 bps of average net assets (SEC N-CEN)
C000094295 Cashflows
Over the 12 months to 2020-04, Columbia Global Infrastructure Fund had net outflows of $8.99M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-04 | −$1.25M |
| 2020-03 | −$4.02M |
| 2020-02 | −$1.59M |
| 2020-01 | −$3.49M |
| 2019-12 | $11.53M |
| 2019-11 | −$2.13M |
C000094295 Debt Constituents
No individual debt constituents are reported in Columbia Global Infrastructure Fund's latest SEC N-PORT filing.
C000094295 Prospectus and SEC Filings
Official Columbia Global Infrastructure Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2019-09-16
- Prospectus (485BPOS) — filed 2018-09-17
- Prospectus (485BPOS) — filed 2017-09-19
- Portfolio holdings (N-PORT) — filed 2020-06-23
- Portfolio holdings (N-PORT) — filed 2020-03-26
- Portfolio holdings (N-PORT) — filed 2019-12-26
- Annual census (N-CEN) — filed 2020-07-10
- Annual census (N-CEN) — filed 2019-07-15
Related Funds
Other Emerging Markets 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.