C000151805 Fees and Costs — Columbia Multi Strategy Alternatives Fund, Advisor Class
Data updated: 2026-09-24
The net expense ratio is 1.09%: a 0.96% management fee plus 0.26% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 738%.
C000151805 Fees and Expenses
Annual operating expenses and sales charges of C000151805. Prospectus, as of September 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.96% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.26% |
| Gross expense ratio | 1.22% |
| Fee waiver | −0.13% |
| Net expense ratio | 1.09% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000151805 Costs Over Time
On $10,000 invested in C000151805, assuming 5% a year before costs, total costs come to $681 over 5 years, cutting the return by 1.14% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.09%) | $114 | $357 | $618 |
| Lost growth on money paid in costs | $0 | $18 | $62 |
| Total costs | $114 | $374 | $681 |
| Value after costs | $10,386 | $11,202 | $12,082 |
| Impact on return, per year | 1.14% | 1.14% | 1.14% |
C000151805 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $3.6B
- Portfolio turnover (prospectus): 738%
- Securities lending: none during the year
C000151805 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $1.4B | 38.76% |
| Wells Fargo Securities, LLC | $705.2M | 19.45% |
| J.P. Morgan Securities LLC | $591.9M | 16.33% |
| Barclays Capital Inc. | $386.9M | 10.67% |
| Goldman Sachs & Co. LLC | $271.5M | 7.49% |
| Morgan Stanley & Co. LLC | $200.2M | 5.52% |
| Nomura Securities International, Inc. | $43.5M | 1.20% |
| Performance Trust Capital Partners, LLC | $8.4M | 0.23% |
| Stonex Financial Inc. | $6.7M | 0.18% |
| Santander Securities LLC | $5.7M | 0.16% |
Columbia Multi Strategy Alternatives Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CLAZX | Institutional Class | 1.04% | none |
| C000151805 | Advisor Class | 1.09% | none |
| CLAAX | Class A | 1.29% | 5.75% |
| CLABX | Class C | 2.04% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.