Columbia Commodity Strategy Fund
Data updated: 2026-09-24
C000117666 — Columbia Commodity Strategy Fund. Commodity · $430.17M AUM · 1.36% expense ratio · 6.1% 1-yr return. Holdings, fees, performance and SEC filings.
C000117666 Fund Overview
Columbia Commodity Strategy Fund is a US mutual fund managed by Columbia Funds Series Trust II, categorised as Commodity. 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: Commodity
- Assets under management: $430.17M
- 1-year return: 6.1%
- SEC CIK: 0001352280
- SEC series ID: S000033328
- Share class ID: C000117666
C000117666 Investment Objective and Strategy
Columbia Commodity Strategy 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 Commodity Strategy Fund (the Fund) seeks to provide shareholders with total return.
Principal investment strategy
"Under normal circumstances, the Fund seeks to maintain substantial economic exposure to the performance of the commodities markets. The Fund invests, directly or indirectly, in a portfolio of commodity-linked investments, such as commodity-linked futures, structured notes and/or swaps, that are designed to provide exposure to the investment return of assets that trade in the commodities markets, without investing directly in physical commodities. A substantial portion of the Funds net assets will also be invested in a portfolio of fixed income securities rated investment-grade or, if unrated, deemed of comparable quality, which will consist primarily of: (i) U.S. Government securities, corporate debt securities, mortgage-backed securities and/or asset-backed securities; and/or (ii) shares of an affiliated money market fund.
In addition to investing in these holdings for their income-producing potential, these holdings will be designated by the Fund, as necessary, to serve as collateral with respect to the Funds commodity-linked investments. The Fund primarily expects to gain exposure to the commodities markets by investing up to 25% of its total assets in a wholly-owned subsidiary of the Fund organized as a company under the laws of the Cayman Islands (the Subsidiary). The Subsidiarys commodity-linked investments are expected to produce leveraged exposure to the performance of the commodities markets. It is expected that the gross notional value of the Funds (including the Subsidiarys) commodity-linked investments will be equivalent to at least 90% of the Funds net assets. Like the Fund, the Subsidiary will not invest directly in physical commodities.
The Subsidiary also invests in investment-grade fixed income securities and shares of an affiliated money market fund for investment purposes or to serve as collateral for its commodity-linked investments. The Funds investment in the Subsidiary permits it to gain exposure to the commodities markets in a potentially tax-efficient manner. The Subsidiary has the same investment objective as the Fund and, like the Fund, is managed by Columbia Management Investment Advisers, LLC (Columbia Management or the Investment Manager) and subadvised by Threadneedle International Limited (Threadneedle). The Fund may invest in derivatives, including futures contracts (including commodity-linked futures), options contracts (including options on futures contracts), structured investments (including commodity-linked structured notes) and swaps (including commodity-linked swaps) to increase, modify, or reduce commodity market exposures.
Actual exposures will vary over time based on factors such as market movements and assessments of market conditions by the Fund's portfolio managers. The Fund may engage in derivative transactions on both U.S. and foreign exchanges or in the ""over-the-counter"" (OTC) market. The Fund may from time to time emphasize one or more sectors in selecting its investments, including the energy and materials sectors. In constructing the Funds fixed-income portfolio, Threadneedle seeks to identify a portfolio of investment-grade fixed income securities, generally with a dollar-weighted average portfolio duration of 1 year or less. The Funds investment strategy may involve the frequent trading of portfolio securities. Additionally, the Funds strategy of investing in derivative instruments and instruments with a maturity of one year or less at the time of acquisition, will also contribute to frequent portfolio trading and high portfolio turnover (typically greater than 300% per year)."
C000117666 Holdings
Top 10 holdings of Columbia Commodity Strategy Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Columbia Short Term Cash Fund | 39.50% |
| John Deere Owner Trust | 0.82% |
| Harley-Davidson Motorcycle Trust | 0.74% |
| Affirm Inc | 0.70% |
| Ford Credit Auto Owner Trust/Ford Credit | 0.69% |
| Kubota Credit Owner Trust | 0.68% |
| Hyundai Auto Lease Securitization Trust | 0.62% |
| BRAVO Residential Funding Trust | 0.61% |
| General Motors | 0.59% |
| Ford Credit Auto Owner Trust | 0.58% |
C000117666 Portfolio Allocation
Asset-class allocation of Columbia Commodity Strategy Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Cash & Equivalents | 39.9% |
| Securitized | 21.1% |
| Fixed Income | 20.8% |
C000117666 Performance
Total returns for C000117666 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 6.1% |
| 3 years (annualised) | 9.9% |
C000117666 Risk Information
Risk metrics for C000117666, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.9%
C000117666 Costs and Fees
C000117666 costs about $136 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.36%
- Gross expense ratio: 1.36%
- Portfolio turnover: 124%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000117666 Cashflows
Over the 12 months to 2026-05, Columbia Commodity Strategy Fund had net inflows of $21.27M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$11.58M |
| 2026-04 | −$46.55M |
| 2026-03 | −$101.16M |
| 2026-02 | −$29.67M |
| 2026-01 | $96.27M |
| 2025-12 | $4.88M |
C000117666 Debt Constituents
Largest debt holdings of Columbia Commodity Strategy Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Bank Of America Corp. | 0.45% |
| JPMorgan Chase & Co. | 0.42% |
| Morgan Stanley | 0.41% |
| Goldman Sachs Group, Inc. | 0.40% |
| Citigroup, Inc. | 0.39% |
| Wells Fargo & Company | 0.39% |
| Hsbc Holdings PLC | 0.27% |
| US Bank Na Cincinnati | 0.26% |
| Bank Of Montreal | 0.25% |
| Verizon Communications | 0.25% |
C000117666 Prospectus and SEC Filings
Official Columbia Commodity Strategy Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-09-24
- Prospectus (485BPOS) — filed 2025-09-24
- Prospectus (485BPOS) — filed 2024-09-24
- Portfolio holdings (N-PORT) — filed 2026-07-29
- Portfolio holdings (N-PORT) — filed 2026-04-27
- Portfolio holdings (N-PORT) — filed 2026-01-28
- Annual census (N-CEN) — filed 2026-08-10
- Annual census (N-CEN) — filed 2025-08-11
Related Funds
Other Commodity 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.