Columbia Inflation Protected Securities Fund
Data updated: 2020-03-26
C000122758 — Columbia Inflation Protected Securities Fund. Money Market · $184.18M AUM · 0.46% expense ratio. Holdings, fees, performance and SEC filings.
C000122758 Fund Overview
Columbia Inflation Protected Securities Fund is a US mutual fund managed by Columbia Funds Series Trust II, categorised as Money Market. 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: Money Market
- Assets under management: $184.18M
- SEC CIK: 0001352280
- SEC series ID: S000031363
- Share class ID: C000122758
C000122758 Investment Objective and Strategy
Columbia Inflation Protected Securities 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 Inflation Protected Securities Fund (the Fund) seeks to provide shareholders with total return that exceeds the rate of inflation over the long term.
Principal investment strategy
Under normal market conditions, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in inflation-protected debt securities. These securities include inflation-indexed bonds of varying maturities issued by the U.S. Government and non-U.S. governments, their agencies or instrumentalities, and U.S. and non-U.S. corporations. The Fund currently intends to focus on inflation-protected debt securities issued by the U.S. Treasury. The Fund invests only in securities rated investment grade at the time of purchase by a third-party rating agency or, if unrated, deemed to be of comparable quality. Inflation-protected securities are designed to protect the future purchasing power of the money invested in them. The value of an inflation-protected bonds principal or the interest income paid on the bond is adjusted to track changes in an official inflation measure.
For example, the U.S. Treasury uses the Consumer Price Index for Urban Consumers (non-seasonally adjusted) as the inflation measure. Up to 20% of the Funds net assets may be invested in non-inflation protected debt obligations issued by U.S. and foreign governments, their agencies and instrumentalities, as well as U.S. and foreign corporate debt obligations, mortgage- and asset-backed securities and money market instruments. The Fund may invest in derivatives, such as forward contracts (including forward foreign currency contracts), futures (including interest rate futures), and swaps (including credit default swaps and credit default swap indexes) in seeking to manage portfolio duration and yield curve exposure and for hedging purposes. The Funds use of derivatives creates leverage (market exposure in excess of the Funds assets) in the Funds portfolio.
The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis. Such securities may include mortgage-backed securities acquired or sold in the to be announced (TBA) market and those in a dollar roll transaction. The Funds investment strategy may involve the frequent trading of portfolio securities.
C000122758 Holdings
Top 10 holdings of Columbia Inflation Protected Securities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Treasury | 10.90% |
| United States Treasury | 9.37% |
| United States Treasury | 6.99% |
| United States Treasury | 6.41% |
| United States Treasury | 6.21% |
| United States Treasury | 6.17% |
| United States Treasury | 5.66% |
| United States Treasury | 5.39% |
| United States Treasury | 5.39% |
| United States Treasury | 5.22% |
C000122758 Portfolio Allocation
Asset-class allocation of Columbia Inflation Protected Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.5% |
| Cash & Equivalents | 0.5% |
| Real Estate | 0.2% |
| Securitized | 0.1% |
C000122758 Costs and Fees
C000122758 costs about $46 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.46%
- Gross expense ratio: 0.77%
- Portfolio turnover: 25%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000122758 Cashflows
Over the 12 months to 2020-01, Columbia Inflation Protected Securities Fund had net inflows of $13.99M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-01 | $2.90M |
| 2019-12 | $1.85M |
| 2019-11 | $6.60M |
| 2019-10 | $2.85M |
| 2019-09 | $7.25M |
| 2019-08 | −$7.46M |
C000122758 Debt Constituents
Largest debt holdings of Columbia Inflation Protected Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 10.90% |
| United States Treasury | 9.37% |
| United States Treasury | 6.99% |
| United States Treasury | 6.41% |
| United States Treasury | 6.21% |
| United States Treasury | 6.17% |
| United States Treasury | 5.66% |
| United States Treasury | 5.39% |
| United States Treasury | 5.39% |
| United States Treasury | 5.22% |
C000122758 Prospectus and SEC Filings
Official Columbia Inflation Protected Securities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market 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.