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Columbia Global Value Fund
mutual fund
IEVAX
Payout Change
Pending
Price as of:
$13.15
+0.04
+0.31%
primary theme
N/A
IEVAX (Mutual Fund)
Columbia Global Value Fund
Payout Change
Pending
Price as of:
$13.15
+0.04
+0.31%
primary theme
N/A
IEVAX (Mutual Fund)
Columbia Global Value Fund
Payout Change
Pending
Price as of:
$13.15
+0.04
+0.31%
primary theme
N/A
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
15.5%
1 yr return
19.4%
3 Yr Avg Return
6.7%
5 Yr Avg Return
7.3%
Net Assets
$804 M
Holdings in Top 10
24.8%
52 WEEK LOW AND HIGH
$13.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.88%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 48.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
IEVAX - Profile
Distributions
- YTD Total Return 15.5%
- 3 Yr Annualized Total Return 6.7%
- 5 Yr Annualized Total Return 7.3%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.52%
- Dividend Yield 2.4%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameColumbia Global Value Fund
-
Fund Family NameColumbia Funds Complex
-
Inception DateMar 20, 1995
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMelda Mergen
Fund Description
div style="line-height: 10.881pt; margin-top: 4.00pt; text-align: left;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"Under normal market conditions, the Fund invests at least 80% of its net assets (including the amount of any /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"borrowings for investment purposes) in equity securities. Equity securities include, for example, common stock, /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"preferred stock, convertible securities and depositary receipts. These securities may provide income, offer the /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"opportunity for long-term capital appreciation, or both./span/div div style="line-height: 10.881pt; margin-top: 4.00pt; text-align: left;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"Under normal circumstances, the Fund invests at least 40% of its net assets in companies that maintain their /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"principal place of business or conduct their principal business activities outside the U.S., companies that have their /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"securities traded on non-U.S. exchanges or that have securities that trade in the form of depositary receipts, /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"companies that have been formed under the laws of non-U.S. countries, including those of emerging markets, or /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"foreign currencies. The Fund considers a company to conduct its principal business activities outside the U.S. if it /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"derives at least 50% of its revenue or profits from business outside the U.S. or has at least 50% of its sales or /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"assets outside the U.S./spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt; line-height: 10.881pt;" /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"This 40% minimum investment amount may be reduced to 30% if market conditions for these /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"investments or specific foreign markets are deemed unfavorable./spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt; line-height: 10.881pt;" /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"From time to time, the Fund may focus its /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"investments in certain countries or geographic areas, including Europe./span/div div style="margin-top: 4pt;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"The Fund’s investment philosophy is rooted in the belief that a disciplined, systematic, value-oriented approach to /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"investing with a focus on large-cap companies provides investors with a strong opportunity for long-term growth of /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"capital. The Fund typically focuses its investment in equity securities of companies that have market capitalizations in /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"the range of the companies in the MSCI World Value Index (Net) (the Index) at the time of purchase (between $/spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"3.5/spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt; line-height: 10.881pt;" /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"billion and $/spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"615.7/spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;" billion as of May 31, /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"2024/spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;")./spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt; line-height: 10.881pt;" /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"The market capitalization range and composition of companies in the /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"Index are subject to change./spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt; line-height: 10.881pt;" /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"The Fund may at times emphasize one or more sectors in selecting its investments, /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"including the /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"financials/spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;" sector./span/div div style="line-height: 10.881pt; margin-top: 4.00pt; text-align: left;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"The Fund may invest in derivatives, such as forward contracts (including forward foreign currency contracts) for both /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"hedging and non-hedging purposes including, for example, to seek to enhance returns or, in certain unusual /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"circumstances, when holding a derivative is deemed preferable to holding the underlying asset. In particular, the Fund /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"may invest in forward foreign currency contracts to hedge the currency exposure associated with some or all of the /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"Fund's securities, to shift investment exposure from one currency to another, to shift U.S. dollar exposure to achieve /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"a representative weighted mix of major currencies in its benchmark, or to adjust an underweight country exposure in /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"its portfolio./span/div
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IEVAX - Performance
Return Ranking - Trailing
| Period | IEVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.5% | -35.6% | 29.2% | 10.85% |
| 1 Yr | 19.4% | 17.3% | 252.4% | 56.48% |
| 3 Yr | 6.7%* | -3.5% | 34.6% | 71.41% |
| 5 Yr | 7.3%* | 0.1% | 32.7% | 67.79% |
| 10 Yr | 7.1%* | -6.9% | 18.3% | 68.27% |
* Annualized
Return Ranking - Calendar
| Period | IEVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.1% | -24.3% | 957.1% | 93.38% |
| 2022 | -15.3% | -38.3% | 47.1% | 85.97% |
| 2021 | 7.7% | -54.2% | 0.6% | 71.87% |
| 2020 | -5.6% | -76.0% | 54.1% | 46.71% |
| 2019 | 13.5% | -26.1% | 47.8% | 36.52% |
Total Return Ranking - Trailing
| Period | IEVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.5% | -35.6% | 29.2% | 10.85% |
| 1 Yr | 19.4% | 11.4% | 252.4% | 77.05% |
| 3 Yr | 6.7%* | -3.5% | 34.6% | 82.85% |
| 5 Yr | 7.3%* | 0.1% | 32.7% | 74.63% |
| 10 Yr | 7.1%* | -6.9% | 18.3% | 74.03% |
* Annualized
Total Return Ranking - Calendar
| Period | IEVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.0% | -24.3% | 957.1% | 93.38% |
| 2022 | -8.4% | -33.1% | 47.1% | 86.22% |
| 2021 | 13.7% | -44.4% | 1.8% | 62.85% |
| 2020 | 3.7% | -6.5% | 54.1% | 51.68% |
| 2019 | 24.5% | -14.4% | 47.8% | 27.27% |
NAV & Total Return History
IEVAX - Holdings
Concentration Analysis
| IEVAX | Category Low | Category High | IEVAX % Rank | |
|---|---|---|---|---|
| Net Assets | 804 M | 199 K | 133 B | 34.43% |
| Number of Holdings | 78 | 1 | 9075 | 37.44% |
| Net Assets in Top 10 | 207 M | -18 M | 37.6 B | 40.75% |
| Weighting of Top 10 | 24.82% | 9.1% | 100.0% | 75.97% |
Top 10 Holdings
- UnitedHealth Group Inc 3.25%
- Exxon Mobil Corp 3.22%
- Procter Gamble Co/The 2.79%
- Bank of America Corp 2.63%
- Shell PLC 2.52%
- Walmart Inc 2.48%
- DTE Energy Co 2.09%
- Northern Star Resources Ltd 1.99%
- Thermo Fisher Scientific Inc 1.95%
- Citigroup Inc 1.90%
Asset Allocation
| Weighting | Return Low | Return High | IEVAX % Rank | |
|---|---|---|---|---|
| Stocks | 98.99% | 61.84% | 125.47% | 28.85% |
| Cash | 0.98% | -174.70% | 23.12% | 66.19% |
| Other | 0.03% | -13.98% | 19.14% | 86.56% |
| Preferred Stocks | 0.00% | -0.01% | 5.28% | 85.24% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 84.14% |
| Bonds | 0.00% | -1.50% | 161.67% | 84.69% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | IEVAX % Rank | |
|---|---|---|---|---|
| Financial Services | 19.46% | 0.00% | 38.42% | 8.92% |
| Healthcare | 16.86% | 0.00% | 35.42% | 62.89% |
| Industrials | 11.89% | 0.00% | 44.06% | 23.90% |
| Technology | 10.53% | 0.00% | 49.87% | 91.30% |
| Consumer Defense | 8.96% | 0.00% | 73.28% | 18.39% |
| Consumer Cyclical | 8.35% | 0.00% | 40.94% | 82.49% |
| Energy | 8.25% | 0.00% | 21.15% | 3.85% |
| Utilities | 4.91% | 0.00% | 29.12% | 19.71% |
| Basic Materials | 4.12% | 0.00% | 38.60% | 36.56% |
| Communication Services | 3.92% | 0.00% | 57.66% | 91.08% |
| Real Estate | 2.76% | 0.00% | 39.48% | 41.63% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | IEVAX % Rank | |
|---|---|---|---|---|
| US | 70.85% | 0.13% | 103.82% | 32.49% |
| Non US | 28.14% | 0.58% | 99.46% | 60.79% |
IEVAX - Expenses
Operational Fees
| IEVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.88% | 0.01% | 44.27% | 55.87% |
| Management Fee | 0.70% | 0.00% | 1.82% | 50.98% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 49.67% |
| Administrative Fee | N/A | 0.01% | 0.76% | 41.70% |
Sales Fees
| IEVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 2.50% | 5.75% | 33.60% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| IEVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| IEVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 48.00% | 0.00% | 395.00% | 46.44% |
IEVAX - Distributions
Dividend Yield Analysis
| IEVAX | Category Low | Category High | IEVAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.41% | 0.00% | 3.26% | 84.68% |
Dividend Distribution Analysis
| IEVAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annually | Annually | Annually |
Net Income Ratio Analysis
| IEVAX | Category Low | Category High | IEVAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.52% | -4.27% | 12.65% | 11.36% |
Capital Gain Distribution Analysis
| IEVAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 18, 2024 | $0.079 | OrdinaryDividend |
| Jun 18, 2024 | $0.088 | OrdinaryDividend |
| Jun 18, 2024 | $0.495 | CapitalGainLongTerm |
| Mar 18, 2024 | $0.067 | OrdinaryDividend |
| Dec 19, 2023 | $0.085 | OrdinaryDividend |
| Dec 19, 2023 | $0.236 | CapitalGainLongTerm |
| Sep 19, 2023 | $0.061 | OrdinaryDividend |
| Jun 16, 2023 | $0.069 | OrdinaryDividend |
| Jun 16, 2023 | $0.261 | CapitalGainLongTerm |
| Mar 16, 2023 | $0.042 | OrdinaryDividend |
| Dec 19, 2022 | $0.101 | OrdinaryDividend |
| Sep 19, 2022 | $0.055 | OrdinaryDividend |
| Jun 16, 2022 | $0.678 | OrdinaryDividend |
| Mar 16, 2022 | $0.038 | OrdinaryDividend |
| Dec 20, 2021 | $0.108 | OrdinaryDividend |
| Dec 20, 2021 | $0.070 | CapitalGainShortTerm |
| Dec 20, 2021 | $0.409 | CapitalGainLongTerm |
| Sep 17, 2021 | $0.086 | OrdinaryDividend |
| Mar 16, 2021 | $0.048 | OrdinaryDividend |
| Dec 17, 2020 | $0.497 | OrdinaryDividend |
| Sep 18, 2020 | $0.038 | OrdinaryDividend |
| Jun 15, 2020 | $0.503 | OrdinaryDividend |
| Mar 17, 2020 | $0.064 | OrdinaryDividend |
| Dec 13, 2019 | $0.055 | OrdinaryDividend |
| Dec 13, 2019 | $0.464 | CapitalGainLongTerm |
| Sep 18, 2019 | $0.087 | OrdinaryDividend |
| Jun 13, 2019 | $0.080 | OrdinaryDividend |
| Jun 13, 2019 | $0.483 | CapitalGainLongTerm |
| Mar 18, 2019 | $0.051 | OrdinaryDividend |
| Dec 17, 2018 | $0.622 | CapitalGainLongTerm |
| Sep 19, 2018 | $0.068 | OrdinaryDividend |
| Jun 15, 2018 | $0.069 | OrdinaryDividend |
| Jun 15, 2018 | $0.407 | CapitalGainLongTerm |
| Mar 16, 2018 | $0.033 | OrdinaryDividend |
| Dec 15, 2017 | $0.087 | OrdinaryDividend |
| Sep 19, 2017 | $0.077 | OrdinaryDividend |
| Jun 16, 2017 | $0.024 | OrdinaryDividend |
| Mar 17, 2017 | $0.047 | OrdinaryDividend |
| Dec 16, 2016 | $0.103 | OrdinaryDividend |
| Sep 19, 2016 | $0.044 | OrdinaryDividend |
| Jun 17, 2016 | $0.093 | OrdinaryDividend |
| Mar 17, 2016 | $0.030 | OrdinaryDividend |
| Dec 16, 2015 | $0.089 | OrdinaryDividend |
| Dec 16, 2015 | $0.090 | CapitalGainLongTerm |
| Sep 17, 2015 | $0.056 | OrdinaryDividend |
| Jun 18, 2015 | $0.085 | OrdinaryDividend |
| Jun 18, 2015 | $0.182 | CapitalGainLongTerm |
| Mar 18, 2015 | $0.032 | OrdinaryDividend |
| Dec 10, 2014 | $0.052 | OrdinaryDividend |
| Dec 10, 2014 | $0.803 | CapitalGainLongTerm |
| Sep 19, 2014 | $0.036 | OrdinaryDividend |
| Jun 20, 2014 | $0.031 | OrdinaryDividend |
| Jun 20, 2014 | $1.009 | CapitalGainLongTerm |
| Mar 19, 2014 | $0.039 | OrdinaryDividend |
| Dec 17, 2013 | $0.043 | OrdinaryDividend |
| Dec 17, 2013 | $0.486 | CapitalGainLongTerm |
| Sep 24, 2013 | $0.028 | OrdinaryDividend |
| Jun 24, 2013 | $0.035 | OrdinaryDividend |
| Mar 22, 2013 | $0.036 | OrdinaryDividend |
| Dec 18, 2012 | $0.050 | OrdinaryDividend |
| Sep 25, 2012 | $0.033 | OrdinaryDividend |
| Jun 25, 2012 | $0.033 | OrdinaryDividend |
| Mar 23, 2012 | $0.046 | OrdinaryDividend |
| Dec 16, 2011 | $0.028 | OrdinaryDividend |
| Sep 23, 2011 | $0.025 | OrdinaryDividend |
| Jun 23, 2011 | $0.030 | OrdinaryDividend |
| Mar 24, 2011 | $0.031 | OrdinaryDividend |
IEVAX - Fund Manager Analysis
Managers
Melda Mergen
Start Date
Tenure
Tenure Rank
Jan 19, 2016
6.37
6.4%
Melda Mergen is Deputy Global Head of Equities for Columbia Threadneedle Investments. In this role she leads the company’s U.S.-based equity investment team capabilities. She is also co-lead portfolio manager on the Columbia Large Cap Core Strategy. Prior to her current role, Ms. Mergen led the Investment Oversight Team from 2004 to April 2014. Before that, Ms. Mergen was a senior equity quantitative research analyst. Ms. Mergen joined one of the Columbia Threadneedle Investments legacy firms in 1999 and has been a member of the investment community since then. Ms. Mergen received a B.A. in economics from Bogazici University and an MBA from the University of Massachusetts at Amherst. She is a member of the Boston Security Analysts Society and the CFA Institute. In addition, she holds the Chartered Financial Analyst® and Chartered Alternative Investment Analyst designations.
Fred Copper
Start Date
Tenure
Tenure Rank
Jan 19, 2016
6.37
6.4%
Peter Schroeder
Start Date
Tenure
Tenure Rank
Jul 01, 2016
5.92
5.9%
Mr. Schroeder joined one of the Columbia Management legacy firms or acquired business lines in 1998. Mr. Schroeder began his investment career in 1998 and earned a B.S. from Oregon State University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |
