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Trending ETFs

Columbia Convertible Securities Fund

mutual fund
NCIAX
Dividend policy
Active
Price as of:
$31.0 -0.35 0%
primary theme
Convertible Bond
NCIAX (Mutual Fund)

Columbia Convertible Securities Fund

Dividend policy
Active
Price as of:
$31.0 -0.35 0%
primary theme
Convertible Bond
NCIAX (Mutual Fund)
Columbia Convertible Securities Fund
Dividend policy
Active
Price as of:
$31.0 -0.35 0%
primary theme
Convertible Bond

NCIAX - Snapshot

Vitals

  • YTD Return 3.0%
  • 3 Yr Annualized Return 22.9%
  • 5 Yr Annualized Return 20.3%
  • Net Assets $2.62 B
  • Holdings in Top 10 18.4%

52 WEEK LOW AND HIGH

$31.35
$20.73
$33.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.92%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 74.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA N/A

Fund Classification

  • Primary Theme Convertible Bond
  • Fund Type Open End Mutual Fund
  • Investment Style Convertibles

Compare NCIAX to Popular Convertible Bond Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$29.27

-0.91%

$5.10 B

0.98%

$0.29

blocked
blocked
blocked

3.43%

0.83%

$43.99

-1.17%

$2.91 B

0.79%

$0.35

blocked
blocked
blocked

1.90%

0.71%

$30.95

-1.09%

$2.62 B

1.24%

$0.39

blocked
blocked
blocked

3.03%

1.17%

$41.90

-1.13%

$2.21 B

2.69%

$1.14

blocked
blocked
blocked

4.80%

0.63%

$19.31

-1.13%

$1.76 B

0.78%

$0.15

blocked
blocked
blocked

0.99%

0.86%

Compare NCIAX to Popular Convertible Bond ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$83.98

-1.11%

$6.59 B

2.25%

$1.91

blocked
blocked
blocked

2.60%

0.40%

$50.61

-1.22%

$281.92 M

0.94%

$0.48

blocked
blocked
blocked

4.76%

0.95%

NCIAX - Profile

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 22.9%
  • 5 Yr Annualized Total Return 20.3%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.06%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Columbia Convertible Securities Fund
  • Fund Family Name
    Columbia Threadneedle
  • Inception Date
    May 21, 1999
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Yan Jin

Fund Description

Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in convertible securities. It may invest up to 15% of its total assets in Eurodollar convertible securities and up to an additional 20% of its total assets in foreign securities. Most convertible securities are not investment grade-rated. The fund also may invest directly in equity securities.


NCIAX - Performance

Return Ranking - Trailing

Period NCIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -1.6% 7.7% 32.94%
1 Yr 74.1% 34.8% 86.7% 27.91%
3 Yr 22.9%* 5.7% 25.8% 28.92%
5 Yr 20.3%* 7.9% 22.0% 24.39%
10 Yr 12.4%* 5.7% 12.9% 11.11%

* Annualized

Return Ranking - Calendar

Period NCIAX Return Category Return Low Category Return High Rank in Category (%)
2020 35.4% -4.1% 54.0% 33.33%
2019 18.4% 4.5% 24.4% 37.04%
2018 -5.8% -15.4% -2.5% 21.79%
2017 11.9% -7.8% 15.4% 27.63%
2016 8.6% 0.4% 14.2% 10.81%

Total Return Ranking - Trailing

Period NCIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -1.6% 7.7% 31.76%
1 Yr 74.1% 30.7% 86.7% 26.74%
3 Yr 22.9%* 5.7% 25.8% 27.71%
5 Yr 20.3%* 7.7% 22.0% 23.17%
10 Yr 12.4%* 5.7% 12.9% 9.72%

* Annualized

Total Return Ranking - Calendar

Period NCIAX Return Category Return Low Category Return High Rank in Category (%)
2020 35.4% -4.1% 54.0% 33.33%
2019 18.4% 4.5% 24.4% 37.04%
2018 -0.8% -15.4% 4.5% 17.95%
2017 15.4% 1.8% 18.4% 22.37%
2016 11.5% 0.4% 16.5% 21.62%

NAV & Total Return History


NCIAX - Holdings

Concentration Analysis

NCIAX Category Low Category High NCIAX % Rank
Net Assets 2.62 B 15.6 M 6.59 B 17.24%
Number of Holdings 141 42 367 35.63%
Net Assets in Top 10 481 M -17.5 M 1.03 B 10.34%
Weighting of Top 10 18.38% 9.4% 83.2% 49.43%

Top 10 Holdings

  1. Square Inc 0.125% 2.38%
  2. Tesla Inc 2% 2.26%
  3. Microchip Technology Incorporated 1.98%
  4. Zillow Group Inc 2.75% 1.95%
  5. NextEra Energy Inc Unit (Corporate Unit 09/01/2023) 1.90%
  6. Danaher Corp 5% PRF PERPETUAL USD 1000 - Ser B 1.86%
  7. EXACT SCIENCES CORPORATION 0.38% 1.85%
  8. Teladoc Health Inc 1.25% 1.83%
  9. Royal Caribbean Group 4.25% 1.76%
  10. Coupa Software Incorporated 0.375% 1.76%

Asset Allocation

Weighting Return Low Return High NCIAX % Rank
Convertible Bonds
82.98% 3.48% 116.38% 39.08%
Preferred Stocks
8.54% 0.00% 18.99% 49.43%
Stocks
7.07% 0.00% 30.60% 36.78%
Bonds
0.75% -27.01% 51.48% 25.29%
Cash
0.66% 0.00% 9.92% 78.16%
Other
0.00% -16.33% 7.56% 74.71%

Stock Sector Breakdown

Weighting Return Low Return High NCIAX % Rank
Utilities
49.13% 0.00% 100.00% 59.49%
Technology
23.82% 0.00% 23.82% 5.06%
Energy
10.78% 0.00% 80.75% 13.92%
Industrials
9.57% 0.00% 61.32% 59.49%
Healthcare
6.70% 0.00% 29.83% 41.77%
Real Estate
0.00% 0.00% 22.98% 77.22%
Financial Services
0.00% 0.00% 96.48% 81.01%
Communication Services
0.00% 0.00% 15.03% 78.48%
Consumer Defense
0.00% 0.00% 7.14% 78.48%
Consumer Cyclical
0.00% 0.00% 100.00% 78.48%
Basic Materials
0.00% 0.00% 16.21% 78.48%

Stock Geographic Breakdown

Weighting Return Low Return High NCIAX % Rank
US
6.98% 0.00% 30.38% 36.78%
Non US
0.09% 0.00% 2.74% 19.54%

NCIAX - Expenses

Operational Fees

NCIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.07% 3.98% 67.06%
Management Fee 0.78% 0.20% 1.33% 81.40%
12b-1 Fee 0.00% 0.00% 1.00% 11.32%
Administrative Fee N/A 0.04% 0.15% 52.00%

Sales Fees

NCIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

NCIAX 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.

NCIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 74.00% 32.46% 242.00% 44.19%

NCIAX - Distributions

Dividend Yield Analysis

NCIAX Category Low Category High NCIAX % Rank
Dividend Yield 0.00% 0.00% 0.79% 79.31%

Dividend Distribution Analysis

NCIAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Monthly Quarterly

Net Income Ratio Analysis

NCIAX Category Low Category High NCIAX % Rank
Net Income Ratio 2.06% -14.00% 9.48% 21.18%

Capital Gain Distribution Analysis

NCIAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

Dividend Payout History

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NCIAX - Fund Manager Analysis

Managers

Yan Jin


Start Date

Tenure

Tenure Rank

Mar 17, 2006

15.05

15.1%

Yan Jin is a vice president and senior portfolio manager of income strategies with Columbia Threadneedle Investments. Mr. Jin joined one of the Columbia Threadneedle Investments legacy firms in 2002. Previously, Mr. Jin was employed as assistant vice president and risk analyst for Lincoln Investment Management. He has been a member of the investment community since 1998. Mr. Jin received an M.A. in economics from North Carolina State University.

David King


Start Date

Tenure

Tenure Rank

Apr 06, 2010

10.99

11.0%

David King is a senior portfolio manager with the Asset Allocation Team at Columbia Threadneedle Investments. Mr. King joined one of the Columbia Threadneedle Investments firms in 2010. Previously, Mr. King was a senior portfolio manager at Putnam Investments. Prior to that, he held various other roles during his 25 years at Putnam, beginning as an equity research analyst and including associate director of equity research. Prior to Putnam, he worked briefly at Drexel Burnham Lambert and Citibank, NA. Mr. King began his career at Manufacturers Hanover Trust (now JPMorgan Chase) in 1978. He has been a member of the investment community since 1983. Mr. King recieved a B.S. in administration, summa cum laude, from the University of New Hampshire and an MBA from Harvard Business School. In addition, he holds the Chartered Financial Analyst designation.

Grace Lee


Start Date

Tenure

Tenure Rank

Oct 01, 2020

0.5

0.5%

Ms. Lee joined the Investment Manager in 2014. Ms. Lee began her investment career in 1996 and earned a bachelor’s degree in political science and economics from Stanford University and an M.B.A. from Harvard Business School

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.8 9.78 6.25