09/28/2021 | Press release | Distributed by Public on 09/28/2021 11:20
Class | Ticker Symbol | |
A | LBSAX | |
Advisor (Class Adv) | CVIRX | |
C | LBSCX | |
Institutional (Class Inst) | GSFTX | |
Institutional 2 (Class Inst2) | CDDRX | |
Institutional 3 (Class Inst3) | CDDYX | |
R | CDIRX | |
V | GEQAX |
Shareholder Fees (fees paid directly from your investment) | |||
Classes A and V |
Class C |
Classes Adv, Inst, Inst2, Inst3 and R |
|
Maximum sales charge (load) imposed on purchases (as a % of offering price) | 5.75% | None | None |
Maximum deferred sales charge (load) imposed on redemptions (as a % of the lower of the original purchase price or current net asset value) | 1.00% (a) | 1.00% (b) | None |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) | ||||||||
Class A | Class Adv | Class C | Class Inst | Class Inst2 | Class Inst3 | Class R | Class V | |
Management fees (c) | 0.53% | 0.53% | 0.53% | 0.53% | 0.53% | 0.53% | 0.53% | 0.53% |
Distribution and/or service (12b-1) fees | 0.25% | 0.00% | 1.00% | 0.00% | 0.00% | 0.00% | 0.50% | 0.00% |
Other expenses | 0.14% | 0.14% | 0.14% | 0.14% | 0.08% | 0.03% | 0.14% | 0.39% |
Total annual Fund operating expenses(d) | 0.92% | 0.67% | 1.67% | 0.67% | 0.61% | 0.56% | 1.17% | 0.92% |
(a) | This charge is imposed on certain investments of between $1 million and $50 million redeemed within 18 months after purchase, as follows: 1.00% if redeemed within 12 months after purchase, and 0.50% if redeemed more than 12, but less than 18, months after purchase, with certain limited exceptions. |
(b) | This charge applies to redemptions within 12 months after purchase, with certain limited exceptions. |
(c) | Management fees have been restated to reflect the current management fee rate. |
(d) | "Total annual Fund operating expenses" include acquired fund fees and expenses (expenses the Fund incurs indirectly through its investments in other investment companies) and may be higher than the ratio of expenses to average net assets shown in the Financial Highlights section of this prospectus because the ratio of expenses to average net assets does not include acquired fund fees and expenses. |
■ | you invest $10,000 in the applicable class of Fund shares for the periods indicated, |
■ | your investment has a 5% return each year, and |
■ | the Fund's total annual operating expenses remain the same as shown in the Annual Fund Operating Expenses table above. |
1 year | 3 years | 5 years | 10 years | |
Class A (whether or not shares are redeemed) | $663 | $851 | $1,055 | $1,641 |
Class Adv (whether or not shares are redeemed) | $ 68 | $214 | $ 373 | $ 835 |
Class C (assuming redemption of all shares at the end of the period) | $270 | $526 | $ 907 | $1,777 |
Class C (assuming no redemption of shares) | $170 | $526 | $ 907 | $1,777 |
1 | Columbia Dividend Income Fund |
1 year | 3 years | 5 years | 10 years | |
Class Inst (whether or not shares are redeemed) | $ 68 | $214 | $ 373 | $ 835 |
Class Inst2 (whether or not shares are redeemed) | $ 62 | $195 | $ 340 | $ 762 |
Class Inst3 (whether or not shares are redeemed) | $ 57 | $179 | $ 313 | $ 701 |
Class R (whether or not shares are redeemed) | $119 | $372 | $ 644 | $1,420 |
Class V (whether or not shares are redeemed) | $663 | $851 | $1,055 | $1,641 |
Columbia Dividend Income Fund | 2 |
3 | Columbia Dividend Income Fund |
■ | Small- and Mid-Cap Stock Risk. Investments in small- and mid-capitalization companies (small- and mid-cap companies) often involve greater risks than investments in larger, more established companies (larger companies) because small- and mid-cap companies tend to have less predictable earnings and may lack the management experience, financial resources, product diversification and competitive strengths of larger companies. Securities of small- and mid-cap companies may be less liquid and more volatile than the securities of larger companies. |
■ | Large-Cap Stock Risk. Investments in larger companies may involve certain risks associated with their larger size. For instance, larger companies may be less able to respond quickly to new competitive challenges, such as changes in consumer tastes or innovation from smaller competitors. Also, larger companies are sometimes less able to achieve as high growth rates as successful smaller companies, especially during extended periods of economic expansion. |
■ | Financial Services Sector. The Fund is more susceptible to the particular risks that may affect companies in the financial services sector than if it were invested in a wider variety of companies in unrelated sectors. Companies in the financial services sector are subject to certain risks, including the risk of regulatory change, decreased |
Columbia Dividend Income Fund | 4 |
liquidity in credit markets and unstable interest rates. Such companies may have concentrated portfolios, such as a high level of loans to one or more industries or sectors, which makes them vulnerable to economic conditions that affect such industries or sectors. Performance of such companies may be affected by competitive pressures and exposure to investments, agreements and counterparties, including credit products that, under certain circumstances, may lead to losses (e.g., subprime loans). Companies in the financial services sector are subject to extensive governmental regulation that may limit the amount and types of loans and other financial commitments they can make, and the interest rates and fees they may charge. In addition, profitability of such companies is largely dependent upon the availability and the cost of capital. |
■ | Information Technology Sector. The Fund is more susceptible to the particular risks that may affect companies in the information technology sector than if it were invested in a wider variety of companies in unrelated sectors. Companies in the information technology sector are subject to certain risks, including the risk that new services, equipment or technologies will not be accepted by consumers and businesses or will become rapidly obsolete. Performance of such companies may be affected by factors including obtaining and protecting patents (or the failure to do so) and significant competitive pressures, including aggressive pricing of their products or services, new market entrants, competition for market share and short product cycles due to an accelerated rate of technological developments. Such competitive pressures may lead to limited earnings and/or falling profit margins. As a result, the value of their securities may fall or fail to rise. In addition, many information technology sector companies have limited operating histories and prices of these companies' securities historically have been more volatile than other securities, especially over the short term. Some companies in the information technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action, which could negatively impact the value of their securities. |
5 | Columbia Dividend Income Fund |
Year by Year Total Return (%) as of December 31 Each Year* |
Best and Worst Quarterly Returns During the Period Shown in the Bar Chart |
||
|
Best | 2nd Quarter 2020 | 13.29% |
Worst | 1st Quarter 2020 | -19.45% |
* | Year to Date return as of June 30, 2021: 15.13% |
Share Class Inception Date |
1 Year | 5 Years | 10 Years | |
Class A | 11/25/2002 | |||
returns before taxes | 1.32% | 10.99% | 11.17% | |
returns after taxes on distributions | 0.89% | 9.96% | 10.08% | |
returns after taxes on distributions and sale of Fund shares | 1.00% | 8.54% | 8.96% | |
Class Adv returns before taxes | 11/08/2012 | 7.77% | 12.58% | 12.11% |
Class C returns before taxes | 11/25/2002 | 5.74% | 11.47% | 11.00% |
Class Inst returns before taxes | 03/04/1998 | 7.79% | 12.59% | 12.11% |
Class Inst2 returns before taxes | 11/08/2012 | 7.90% | 12.70% | 12.21% |
Class Inst3 returns before taxes | 11/08/2012 | 7.91% | 12.74% | 12.26% |
Class R returns before taxes | 03/28/2008 | 7.25% | 12.03% | 11.55% |
Class V returns before taxes | 03/04/1998 | 1.36% | 10.99% | 11.16% |
Russell 1000 Index (reflects no deductions for fees, expenses or taxes) | 20.96% | 15.60% | 14.01% |
Portfolio Manager | Title | Role with Fund | Managed Fund Since | |||
Scott Davis | Senior Portfolio Manager | Lead Portfolio Manager | 2001 | |||
Michael Barclay, CFA | Senior Portfolio Manager | Portfolio Manager | 2011 | |||
Tara Gately, CFA | Senior Portfolio Manager | Portfolio Manager | September 2021 |
Columbia Dividend Income Fund | 6 |
Online | Regular Mail | Express Mail | By Telephone | |||
columbiathreadneedleus.com/investor/ |
Columbia Management Investment Services Corp. P.O. Box 219104 Kansas City, MO 64121-9104 |
Columbia Management Investment Services Corp. c/o DST Asset Manager Solutions, Inc. 430 W 7th Street, Suite 219104 Kansas City, MO 64105-1407 |
800.422.3737 |
Class | Category of eligible account |
For accounts other than systematic investment plan accounts |
For systematic investment plan accounts |
Classes A, C & V(a) | All accounts other than IRAs | $2,000 | $100 |
IRAs | $1,000 | $100 | |
Classes Adv & Inst |
All eligible accounts |
$0, $1,000 or $2,000 depending upon the category of eligible investor |
$100 |
Classes Inst2 & R |
All eligible accounts | None | N/A |
Class Inst3 | All eligible accounts |
$0, $1,000, $2,000 or $1 million depending upon the category of eligible investor |
$100 (for certain eligible investors) |
(a) | Class V shares are generally closed to new investors. |
columbiathreadneedleus.com | SUM139_05_L01_(10/21) |