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Trending ETFs

Name

As of 05/21/2024

Price

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

$9.76

$179 M

0.00%

1.29%

Vitals

YTD Return

-3.0%

1 yr return

8.0%

3 Yr Avg Return

1.7%

5 Yr Avg Return

4.3%

Net Assets

$179 M

Holdings in Top 10

53.5%

52 WEEK LOW AND HIGH

$9.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.29%

SALES FEES

Front Load 5.75%

Deferred Load N/A

TRADING FEES

Turnover 5.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,000

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/21/2024

Price

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

$9.76

$179 M

0.00%

1.29%

CREAX - Profile

Distributions

  • YTD Total Return -3.0%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.63%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Columbia Real Estate Equity Fund
  • Fund Family Name
    Columbia Funds Complex
  • Inception Date
    Nov 01, 2002
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Arthur Hurley

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 equity securities of companies principally engaged in the real estate industry (Real Estate Companies), including real estate investment trusts (REITs). A company is considered to be “principally engaged” in the real estate industry if at least 50% of its gross income or net profits are attributable to the ownership, construction, management or sale of residential, commercial or industrial real estate. The Fund will concentrate its investments in the real estate industry. The Fund takes long and short positions in equity REITs, mortgage REITs and hybrid REITs.
The Fund’s investment strategy may involve the frequent trading of portfolio securities.
The Fund is non-diversified, which means that it can invest a greater percentage of its assets in the securities of fewer issuers than can a diversified fund.The Fund anticipates that its number of holdings will increase and, as a result, the Fund may operate as a diversified fund. In addition to making direct investments in Real Estate Companies, the Fund will invest in derivatives, particularly contracts for differences (CFDs), which are a type of swap arrangement, to obtain long and short exposures to Real Estate Companies. Columbia Management Investment Advisers, LLC (the Investment Manager) uses CFDs to express its view of relative value between Real Estate Companies operating in the same part of the real estate market. Specifically, the Investment Manager uses CFDs to extend the Fund’s long position in holdings of which it has a favorable view and enters into short positions in Real Estate Companies of which it has a less favorable view. CFDs create leverage, which may exaggerate increases or decreases in the value of the Fund’s overall portfolio. Through investment in CFDs, the Fund generally expects
exposures of approximately 30% (but normally not more than 35%) of the Fund’s net assets in short positions and approximately 130% (but normally not more than 135%) of the Fund’s net assets in long positions. The Investment Manager generally seeks to maintain CFD long and short exposures for the Fund that are approximately balanced.The Fund may include investments in derivatives towards its 80% policy.
In selecting investments and determining investment exposures, including the Fund’s long and short positions through CFDs, the Investment Manager uses fundamental analysis in identifying investment opportunities and risks, and in constructing the Fund’s portfolio.
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CREAX - Performance

Return Ranking - Trailing

Period CREAX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.0% -8.1% 6.0% 54.55%
1 Yr 8.0% -13.7% 19.7% 60.87%
3 Yr 1.7%* -12.4% 10.3% 6.48%
5 Yr 4.3%* -11.3% 14.3% 16.74%
10 Yr 5.8%* -1.8% 14.0% 32.45%

* Annualized

Return Ranking - Calendar

Period CREAX Return Category Return Low Category Return High Rank in Category (%)
2023 -12.7% -17.6% 24.6% 98.42%
2022 -29.2% -51.3% 2.7% 32.54%
2021 32.4% -7.7% 52.3% 55.06%
2020 -10.7% -42.2% 35.0% 66.52%
2019 14.1% -0.6% 43.1% 68.75%

Total Return Ranking - Trailing

Period CREAX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.0% -8.1% 6.0% 54.55%
1 Yr 8.0% -13.7% 19.7% 60.87%
3 Yr 1.7%* -12.4% 10.3% 6.48%
5 Yr 4.3%* -11.3% 14.3% 16.74%
10 Yr 5.8%* -1.8% 14.0% 32.45%

* Annualized

Total Return Ranking - Calendar

Period CREAX Return Category Return Low Category Return High Rank in Category (%)
2023 15.7% -14.0% 25.0% 9.88%
2022 -25.3% -40.7% 7.8% 32.94%
2021 41.7% 7.8% 54.6% 41.30%
2020 -3.7% -36.6% 44.3% 38.63%
2019 28.0% 3.4% 46.4% 44.20%

NAV & Total Return History


CREAX - Holdings

Concentration Analysis

CREAX Category Low Category High CREAX % Rank
Net Assets 179 M 2.26 M 63.6 B 62.04%
Number of Holdings 50 18 513 28.06%
Net Assets in Top 10 83.3 M 711 K 30.4 B 65.61%
Weighting of Top 10 53.50% 16.9% 82.2% 52.57%

Top 10 Holdings

  1. Prologis Inc 11.20%
  2. Equinix Inc 9.29%
  3. Simon Property Group Inc 5.12%
  4. AvalonBay Communities Inc 4.92%
  5. Essex Property Trust Inc 4.43%
  6. Welltower Inc 4.31%
  7. Extra Space Storage Inc 3.96%
  8. Realty Income Corp 3.60%
  9. Public Storage 3.47%
  10. Invitation Homes Inc 3.20%

Asset Allocation

Weighting Return Low Return High CREAX % Rank
Stocks
95.92% 0.00% 106.01% 77.87%
Cash
4.25% -42.50% 20.18% 7.91%
Preferred Stocks
0.00% 0.00% 31.13% 51.38%
Convertible Bonds
0.00% 0.00% 10.95% 46.25%
Bonds
0.00% -3.17% 148.00% 50.59%
Other
-0.16% -89.96% 99.60% 96.44%

Stock Sector Breakdown

Weighting Return Low Return High CREAX % Rank
Real Estate
98.47% 34.46% 100.00% 58.02%
Consumer Cyclical
1.53% 0.00% 45.29% 20.16%
Utilities
0.00% 0.00% 3.55% 43.21%
Technology
0.00% 0.00% 12.02% 57.61%
Industrials
0.00% 0.00% 7.39% 48.97%
Healthcare
0.00% 0.00% 0.53% 45.27%
Financial Services
0.00% 0.00% 37.05% 49.38%
Energy
0.00% 0.00% 1.14% 44.86%
Communication Services
0.00% 0.00% 11.61% 49.79%
Consumer Defense
0.00% 0.00% 0.93% 43.62%
Basic Materials
0.00% 0.00% 13.69% 45.68%

Stock Geographic Breakdown

Weighting Return Low Return High CREAX % Rank
US
95.92% 0.00% 106.01% 73.91%
Non US
0.00% 0.00% 41.39% 49.80%

CREAX - Expenses

Operational Fees

CREAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.29% 0.07% 28.75% 44.22%
Management Fee 0.75% 0.00% 1.50% 54.94%
12b-1 Fee 0.25% 0.00% 1.00% 46.88%
Administrative Fee N/A 0.01% 0.45% 24.32%

Sales Fees

CREAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 3.00% 5.75% 19.05%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

CREAX 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.

CREAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 5.00% 0.13% 380.00% 1.70%

CREAX - Distributions

Dividend Yield Analysis

CREAX Category Low Category High CREAX % Rank
Dividend Yield 0.00% 0.00% 13.03% 76.28%

Dividend Distribution Analysis

CREAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Quarterly

Net Income Ratio Analysis

CREAX Category Low Category High CREAX % Rank
Net Income Ratio 0.63% -1.14% 6.05% 75.30%

Capital Gain Distribution Analysis

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

Distributions History

View More +

CREAX - Fund Manager Analysis

Managers

Arthur Hurley


Start Date

Tenure

Tenure Rank

Sep 15, 2006

15.72

15.7%

Mr. Hurley is Portfolio Manager and Director of Columbia Management Advisors, LLC. He has been associated with Columbia Management Advisors, LLC since September, 2006. Prior to that, he worked for Lee Munder Capital Group as a senior portfolio manager from December, 2002 to August, 2006. Mr. Hurley earned a B.A. from the University of Massachusetts and holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 28.42 8.29 16.42