LIIAX Fees and Costs — Columbia Select Corporate Income Fund, Class A
Data updated: 2026-09-28
The net expense ratio is 0.85%: a 0.49% management fee, a 0.25% 12b-1 fee plus 0.16% other expenses, less a 0.05% fee waiver. This share class carries a maximum front-end sales load of 4.75% and a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $36 in broker commissions, and portfolio turnover was 118%.
LIIAX Fees and Expenses
Annual operating expenses and sales charges of LIIAX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.90% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.85% |
| Sales charges | |
|---|---|
| Max front load | 4.75% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
LIIAX Costs Over Time
On $10,000 invested in LIIAX, assuming 5% a year before costs, total costs come to $1,114 over 5 years, cutting the return by 1.90% 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 |
| Sales charges | $574 | $475 | $475 |
| Fund expenses (net expense ratio 0.85%) | $85 | $266 | $461 |
| Lost growth on money paid in costs | $24 | $88 | $178 |
| Total costs | $683 | $829 | $1,114 |
| Value after costs | $9,817 | $10,748 | $11,649 |
| Impact on return, per year | 6.83% | 2.57% | 1.90% |
LIIAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $36
- Bought from dealers (principal trades, not a cost): $3.7B
- Portfolio turnover (prospectus): 118%
- Securities lending: none during the year
LIIAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $36 | 100.00% |
LIIAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $425.7M | 14.98% |
| Citadel Securities LLC | $368.6M | 12.98% |
| J.P. Morgan Securities LLC | $366.5M | 12.90% |
| Citigroup Global Markets Inc. | $362.5M | 12.76% |
| Goldman Sachs & Co. LLC | $348.4M | 12.27% |
| BofA Securities, Inc. | $285.5M | 10.05% |
| Deutsche Bank Securities Inc. | $185.0M | 6.51% |
| RBC Capital Markets, LLC | $170.0M | 5.98% |
| Barclays Capital Inc. | $167.9M | 5.91% |
| BNP Paribas Securities Corp. | $160.4M | 5.65% |
Columbia Select Corporate Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CRIYX | Institutional 3 Class | 0.47% | none |
| CPIRX | Institutional 2 Class | 0.50% | none |
| SRIJX | Class S | 0.60% | none |
| SRINX | Institutional Class | 0.60% | none |
| LIIAX | Class A | 0.85% | 4.75% |
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.