Multi-Manager Total Return Bond Strategies Fund
Data updated: 2026-07-29
C000216709 — Multi-Manager Total Return Bond Strategies Fund. Long Total / Aggregate Bond · $12.20B AUM. Holdings, fees, performance and SEC filings.
C000216709 Fund Overview
Multi-Manager Total Return Bond Strategies Fund is a US mutual fund managed by Columbia Funds Series Trust I, categorised as Long Total / Aggregate Bond. 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: Long Total / Aggregate Bond
- Assets under management: $12.20B
- 1-year return: 0.4%
- SEC CIK: 0000773757
- SEC series ID: S000036205
- Share class ID: C000216709
C000216709 Investment Objective and Strategy
Multi-Manager Total Return Bond Strategies Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Columbia Funds Series Trust I.
Investment objective
Multi-Manager Total Return Bond Strategies Fund (the Fund) seeks total return, consisting of capital appreciation and current income.
Principal investment strategy
The Fund pursues its investment objective by allocating the Fund's assets among different asset managers that use various investment styles to invest in bonds and other debt instruments. The Fund's investment manager, Columbia Management Investment Advisers, LLC (Columbia Management or the Investment Manager), and investment subadvisers (Subadvisers) each provide day-to-day portfolio management for a portion of the Fund's assets, or sleeve of the Fund. Columbia Management and the Subadvisers employ investment styles and processes that, in the aggregate, are intended to complement the strategies of one another in pursuit of the Fund's investment objective. Under normal market conditions, 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, including debt securities issued by the U.S.
Government, its agencies, instrumentalities or sponsored corporations, debt securities issued by corporations, mortgage- and other asset-backed securities, dollar-denominated securities issued by foreign governments, companies or other entities, bank loans and other obligations. For purposes of its 80% test, the Fund treats investment in loans as debt securities, even though loans may not be securities under certain of the federal securities laws. The Fund invests at least 60% of its net assets in debt securities that, at the time of purchase, are rated in at least one of the three highest rating categories or are unrated securities determined to be of comparable quality. The Fund may invest up to 20% of its net assets 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 invest in fixed income securities of any maturity and does not seek to maintain a particular dollar-weighted average maturity or duration at the Fund level. Up to 25% of the Fund's net assets may be invested in foreign investments, which may include investments of up to 20% of the Funds assets in non-U.S. dollar denominated securities, as well as investments in emerging markets securities. In connection with its strategy relating to foreign investments, the Fund may buy or sell foreign currencies in lieu of or in addition to non-dollar denominated fixed-income securities in order to increase or decrease its exposure to foreign interest rate and/or currency markets. The Fund may invest in derivatives, including forward contracts (including forward foreign currency contracts), futures contracts (including currency futures, index futures, interest rate futures and other bond futures), inverse variable- or floating-rate obligations (commonly referred to as inverse floaters), options (including options on futures contracts), options on swaps (commonly known as swaptions) and swaps (including credit default swaps, credit default swap indexes, and interest rate swaps).
The Fund may use derivatives in an effort to produce incremental earnings, to hedge existing positions, to increase market or credit exposure and investment flexibility (including using the derivative as a substitute for the purchase or sale of the underlying security, currency or other asset), to manage credit and interest rate exposure, and/or to manage duration and yield curve of the Fund or a sleeve of the Fund. The Funds investments in mortgage-related securities include, but are not limited to, investments in stripped mortgage-backed securities such as interest-only (IO) and principal-only (PO) securities. The Fund may also invest in exchange-traded funds (ETFs). 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 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 (the 1933 Act), subject to liquidity determinations and certain regulatory restrictions. The Fund may also hold/invest in cash, money market instruments (which may include investments in one or more affiliated or unaffiliated money market funds or similar vehicles) or other high-quality, short-term investments, including for the purpose of covering its obligations with respect to, or that may result from, the Funds investments in derivatives. Each sleeve managers investment strategy may involve the frequent trading of portfolio securities. One or more of the Funds subadvisers uses quantitative methods to identify investment opportunities and construct their portion of the Funds portfolio.
C000216709 Holdings
Top 10 holdings of Multi-Manager Total Return Bond Strategies Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Columbia Short Term Cash Fund | 8.98% |
| U.K. Gilts | 1.50% |
| United States Treasury | 1.41% |
| United States Treasury | 1.22% |
| United States Treasury | 1.11% |
| Umbs, Tba | 1.06% |
| Umbs, Tba | 1.04% |
| Umbs, Tba | 0.89% |
| United States Treasury | 0.85% |
| Umbs, Tba | 0.82% |
C000216709 Portfolio Allocation
Asset-class allocation of Multi-Manager Total Return Bond Strategies Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 51.0% |
| Fixed Income | 47.7% |
| Cash & Equivalents | 9.0% |
| Loans | 0.8% |
| Real Estate | 0.2% |
C000216709 Performance
Total returns for C000216709 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 0.4% |
| 3 years (annualised) | -3.1% |
C000216709 Risk Information
Risk metrics for C000216709, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.8%
C000216709 Costs and Fees
C000216709 costs about $47 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.47%
- Gross expense ratio: 0.48%
- Portfolio turnover: 225%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000216709 Cashflows
Over the 12 months to 2026-05, Multi-Manager Total Return Bond Strategies Fund had net outflows of $809.26M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$558.02M |
| 2026-04 | −$50.35M |
| 2026-03 | −$35.11M |
| 2026-02 | $261.98M |
| 2026-01 | −$25.80M |
| 2025-12 | −$1.46M |
C000216709 Debt Constituents
Largest debt holdings of Multi-Manager Total Return Bond Strategies Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| U.K. Gilts | 1.50% |
| United States Treasury | 1.41% |
| United States Treasury | 1.22% |
| United States Treasury | 1.11% |
| United States Treasury | 0.85% |
| United States Treasury | 0.66% |
| United States Treasury | 0.65% |
| United States Treasury | 0.61% |
| United States Treasury | 0.60% |
| United States Treasury | 0.59% |
C000216709 Prospectus and SEC Filings
Official Multi-Manager Total Return Bond Strategies Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-12-22
- Prospectus (485BPOS) — filed 2024-12-23
- Prospectus (485BPOS) — filed 2023-12-21
- 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 2024-11-08
- Annual census (N-CEN) — filed 2023-11-13
Related Funds
Other Long Total / Aggregate Bond 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.