Columbia U.S. Social Bond Fund
Data updated: 2023-10-13
C000177151 — Columbia U.S. Social Bond Fund. Money Market · $37.64M AUM · 0.37% expense ratio. Holdings, fees, performance and SEC filings.
C000177151 Fund Overview
Columbia U.S. Social Bond Fund is a US mutual fund managed by Columbia Funds Series Trust I, 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 I
- Category: Money Market
- Assets under management: $37.64M
- 1-year return: -0.4%
- SEC CIK: 0000773757
- SEC series ID: S000048610
- Share class ID: C000177151
C000177151 Investment Objective and Strategy
Columbia U.S. Social Bond 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 U.S. Social Bond Fund (the Fund) seeks total return, consisting of current income and capital appreciation, through investments that seek to support and fund socially beneficial activities and developments, primarily in the U.S.
Principal investment strategy
"Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in bonds and other debt securities of issuers whose principal activities are located in the United States and its territories. The investment manager determines if an issuers principal activities are located in the United States or its territories by considering the issuers country of organization, its primary stock exchange listing, the source of its revenues, the location of its assets and other factors. Under normal market conditions, the Fund invests at least 60% of its net assets (including the amount of any borrowings for investment purposes) in bonds and other debt securities that pay interest exempt from U.S. federal income tax (but not necessarily the federal alternative minimum tax).
These securities are issued by states and their political subdivisions, agencies, authorities and instrumentalities and by other qualified issuers (municipal securities). With respect to the Funds investments in municipal securities, the Fund will primarily focus on sectors that the investment manager believes are aimed toward positive environmental and social development such as education, health and social services, affordable housing, economic opportunity and community development, environment and energy, connectivity (such as broadband Internet or mass transit infrastructure) and similar socially impactful sectors. The Fund's investments in municipal securities may include medium grade or below investment grade debt securities or unrated debt securities determined to be of comparable quality.
Below investment grade securities are commonly referred to as ""junk bonds."" The Fund may invest up to 40% of its net assets (including the amount of any borrowings for investment purposes) in bonds and other debt securities issued by corporate and other non-governmental issuers. With respect to the portion of the Fund invested in corporate and other non-governmental issuers, the Fund will primarily invest in bonds that, at the time of purchase, are investment grade or are unrated but determined to be of comparable quality. When evaluating debt securities issued by corporate and other non-governmental issuers, the investment manager will use social issue screens, monitored by a third party service provider, to help ensure that the Funds investments in such debt securities are consistent with the Funds investment objective.
Although specific criteria for exclusion may change from time to time, the Fund will generally not invest in debt securities issued by companies that are determined to be involved in significant controversies relating to environmental, social or governance matters or companies that generate a significant portion of their revenues from ineligible products (such as alcohol, gambling, firearms or tobacco). When selecting which of the eligible debt securities to purchase, the Funds investment manager will further consider the environmental, social and governance practices and impacts of the issuer and its products in addition to factors relating to the investment merits of debt securities, such as interest rate, term and credit quality. The Fund may invest in debt instruments that, at the time of purchase, are rated below investment grade or are unrated but determined to be of comparable quality (commonly referred to as high-yield investments or junk bonds).
The Fund may from time to time emphasize one or more sectors in selecting its investments. The Fund may invest in fixed or variable-rate debt securities. The Fund may invest in debt instruments of any maturity and does not seek to maintain either a particular dollar-weighted average maturity or a particular duration. The Fund may invest in the securities and instruments described herein directly or indirectly through investments in other open-end or closed-end investment companies, including municipal bond money market funds. 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."
C000177151 Holdings
Top 10 holdings of Columbia U.S. Social Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Chicago Il Water System | 1.38% |
| Ball St Univ Ind | 1.16% |
| Miami-Dade Cnty Fla Health Facs | 1.13% |
| Louisiana Pub Facs Hosp | 1.13% |
| Greeneville Tenn Health & Edl Facs Brd | 1.12% |
| Chicago Ill Met Wtr Reclamation | 1.11% |
| West Virginia Hosp Fin Auth | 1.10% |
| Deaf Smith Cnty Tex Hosp Dist | 1.10% |
| West Rankin Miss Util Auth Rev R | 1.08% |
| Maryland Health And Higher Educational Facilities Authority | 1.08% |
C000177151 Portfolio Allocation
Asset-class allocation of Columbia U.S. Social Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.8% |
| Cash & Equivalents | 0.2% |
C000177151 Performance
Total returns for C000177151 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -0.4% |
| 3 years (annualised) | -1.8% |
C000177151 Risk Information
Risk metrics for C000177151, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.7%
C000177151 Costs and Fees
C000177151 costs about $37 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.37%
- Gross expense ratio: 0.73%
- Portfolio turnover: 7%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000177151 Cashflows
Over the 12 months to 2023-07, Columbia U.S. Social Bond Fund had net outflows of $34.86M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-07 | −$3.58M |
| 2023-06 | −$3.91M |
| 2023-05 | −$7.85M |
| 2023-04 | −$5.34M |
| 2023-03 | −$7.29M |
| 2023-02 | $2.05M |
C000177151 Debt Constituents
Largest debt holdings of Columbia U.S. Social Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Chicago Il Water System | 1.38% |
| Ball St Univ Ind | 1.16% |
| Miami-Dade Cnty Fla Health Facs | 1.13% |
| Louisiana Pub Facs Hosp | 1.13% |
| Greeneville Tenn Health & Edl Facs Brd | 1.12% |
| Chicago Ill Met Wtr Reclamation | 1.11% |
| West Virginia Hosp Fin Auth | 1.10% |
| Deaf Smith Cnty Tex Hosp Dist | 1.10% |
| West Rankin Miss Util Auth Rev R | 1.08% |
| Maryland Health And Higher Educational Facilities Authority | 1.08% |
C000177151 Prospectus and SEC Filings
Official Columbia U.S. Social Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-11-22
- Prospectus (485BPOS) — filed 2021-11-23
- Prospectus (485BPOS) — filed 2020-11-24
- Portfolio holdings (N-PORT) — filed 2023-09-25
- Portfolio holdings (N-PORT) — filed 2023-06-26
- Portfolio holdings (N-PORT) — filed 2023-03-28
- Annual census (N-CEN) — filed 2023-10-13
- Annual census (N-CEN) — filed 2022-10-12
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.