Markets

Is Columbia Mid Cap Growth A Fund (CBSAX) Worth Another Look?

Columbia Mid Cap Growth A ( CBSAX ) a Zacks Ranked #2 (Buy) seeks significant capital appreciation. CBSAX invests a large portion of its net assets in stocks of companies with a market capitalization, at the time of initial purchase, equal to or less than the largest stock in the Russell Midcap Index. CBSAX may invest up to 20% of its net assets in small-cap and large-cap companies. CBSAX may also invest in securities convertible into or exercisable for stock (including preferred stock, warrants and debentures), and certain options and financial futures contracts (derivatives). CBSAX may invest, to a limited extent, in foreign securities, including American Depository Receipts. CBSAX distributes dividends and capital gains annually.

This Mid Growth fund, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value, Small Growth. Further, as of the last filing, SHERWIN WILLIAMS CO/THE, ACTIVISION BLIZZARD INC and SBA COMMUNICATIONS CORP were the top holdings for CBSAX.

The Columbia Mid Cap Growth A fund, managed by Columbia , carries an expense ratio of 1.20. Moreover, CBSAX requires a minimal initial investment of $2,000.

CBSAX has a history of strong positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 5.34%, 3 year 13.40%, and 5 year 14.51%. To see how this fund performed compared in its category, please click here.

CBSAX's performance, as of the last filing, when compared to funds in its category was in the top 11% in 1 year, top 58% over the past 3 years, and in the 53% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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