• Columbia Seligman Premium Technology Growth Fund

    Morningstar Category: Technology (CE)
  • STK
  • NAV
    $ 16.35
    as of 04/17/2014
  • Market Price
    $ 16.00
  • Premium/Discount
    -2.14%
Investment Objective

Growth of capital and current income 

Total Return Performance(%) as of 03/31/2014

 
Cumulative
Average Annual
  1 Mo 3 Mo 1 Yr 3 Yr 5 Yr 10 Yr Since Incep*
NAV 1.16 5.80 19.48 4.83 - - 7.76
Market Price 2.20 13.09 18.96 4.70 - - 5.36
Total Annual Expenses: 1.21%
 
Cumulative
Average Annual
  1 Mo 3 Mo 1 Yr 3 Yr 5 Yr 10 Yr Since Incep*
NAV 1.16 5.80 19.48 4.83 - - 7.76
Market Price 2.20 13.09 18.96 4.70 - - 5.36
Total Annual Expenses: 1.21%

Top Holdings (% of Net Assets) as of 03/31/2014

Synopsys 8.21
Lam Research Corp 7.74
Teradyne Inc 6.63
Check Point Software Technologies 5.42
Apple 5.35

View more holdings. Fund holdings are as of the date given, are subject to change at any time and are not recommendations to buy or sell a security.

Morningstar Equity Style Box as of 03/31/2014

Fund Facts

Morningstar Category Technology (CE)
Distribution Schedule Quarterly
Commencement of Operations 11/30/2009
IPO Date 11/24/2009
CUSIP 19842X109

Investment Risk

The Fund should only be considered as one element of a complete investment program. An investment in the Fund should be considered speculative. The Fund's investment policy of investing in technology and technology-related companies and writing call options involves a high degree of risk.

There is no assurance that the Fund will meet its investment objectives or that distributions will be made. You could lose some or all of your investment. In addition, closed-end funds frequently trade at a discount to their net asset values, which may increase your risk of loss.

The market prices of technology and technology-related stocks tend to exhibit a greater degree of market risk and price volatility than other types of investments. These stocks may fall in and out of favor with investors rapidly, which may cause sudden selling and dramatically lower market prices. These stocks also may be affected adversely by changes in technology, consumer and business purchasing patterns, government regulation and/or obsolete products or services. Technology and technology-related companies are often smaller and less experienced companies and may be subject to greater risks than larger companies, such as limited product lines, markets and financial and managerial resources. These risks may be heightened for technology companies in foreign markets. The Fund's use of derivatives introduces risks possibly greater than the risks associated with investing directly in the investments underlying the derivatives. A relatively small price movement in an underlying investment may result in a substantial gain or loss.

The performance information shown represents past performance and is not a guarantee of future results. The investment return and principal value of your investment will fluctuate so that your shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information shown.

*Since inception performance for NAV is from commencement of operations, 11/30/2009, and includes the 4.50% initial sales load. The NAV price per share of the Fund's Common Stock at inception was $19.10. Since inception performance for Market Price is from IPO date, 11/24/2009.

Net Asset Value (NAV) represents the total value of all assets held by the Fund (minus its total liabilities), divided by the total number of common shares outstanding. Market price is the price at which investors may purchase or sell shares of the Fund. Market price is determined in the open market by buyers and sellers, based on supply and demand. The Fund's Market Price fluctuates throughout the day and may differ from its underlying NAV. Shares of the Fund may trade at a premium (higher than) or a discount(lower than) to NAV. The difference between the market price and the NAV (Premium/Discount) is expressed as a percentage of NAV.

 

Columbia Seligman Premium Technology Growth Fund is managed by Columbia Management Investment Advisers, LLC.

The Morningstar Style Box™ is based on the Fund's portfolio holdings as of period end. For equity funds, the vertical axis shows the market capitalization of the stocks owned, and the horizontal axis shows investment style (value, blend, or growth). Information shown is based on the most recent data provided by Morningstar.

Total Return Performance as of 03/31/2014

 
Cumulative
Average Annual
  1 Mo 3 Mo 1 Yr 3 Yr 5 Yr 10 Yr Since Incep*
NAV 1.16 5.80 19.48 4.83 - - 7.76
Market Price 2.20 13.09 18.96 4.70 - - 5.36
Total Annual Expenses: 1.21%
 
Cumulative
Average Annual
  1 Mo 3 Mo 1 Yr 3 Yr 5 Yr 10 Yr Since Incep*
NAV 1.16 5.80 19.48 4.83 - - 7.76
Market Price 2.20 13.09 18.96 4.70 - - 5.36
Total Annual Expenses: 1.21%

The performance information shown represents past performance and is not a guarantee of future results. The investment return and principal value of your investment will fluctuate so that your shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information shown.

*Since inception performance for NAV is from commencement of operations, 11/30/2009, and includes the 4.50% initial sales load. The NAV price per share of the Fund's Common Stock at inception was $19.10. Since inception performance for Market Price is from IPO date, 11/24/2009.

Net Asset Value (NAV) represents the total value of all assets held by the Fund (minus its total liabilities), divided by the total number of common shares outstanding. Market price is the price at which investors may purchase or sell shares of the Fund. Market price is determined in the open market by buyers and sellers, based on supply and demand. The Fund's Market Price fluctuates throughout the day and may differ from its underlying NAV. Shares of the Fund may trade at a premium (higher than) or a discount(lower than) to NAV. The difference between the market price and the NAV (Premium/Discount) is expressed as a percentage of NAV.

 

Columbia Seligman Premium Technology Growth Fund is managed by Columbia Management Investment Advisers, LLC.

Top Holdings (% of Net Assets) as of 03/31/2014

View Holdings as of  
Holding Net assets  
Synopsys 8.21
Lam Research Corp 7.74
Teradyne Inc 6.63
Check Point Software Technologies 5.42
Apple 5.35
Google Cl A 5.25
Broadcom Corp, Class A 3.94
Synaptics Inc 3.57
EMC 3.47
Qualcomm 3.09

View full holdings. Fund holdings are as of the date given, are subject to change at any time and are not recommendations to buy or sell a security.

Net Asset Value (NAV) represents the total value of all assets held by the Fund (minus its total liabilities), divided by the total number of common shares outstanding. Market price is the price at which investors may purchase or sell shares of the Fund. Market price is determined in the open market by buyers and sellers, based on supply and demand. The Fund's Market Price fluctuates throughout the day and may differ from its underlying NAV. Shares of the Fund may trade at a premium (higher than) or a discount(lower than) to NAV. The difference between the market price and the NAV (Premium/Discount) is expressed as a percentage of NAV.

 

Columbia Seligman Premium Technology Growth Fund is managed by Columbia Management Investment Advisers, LLC.

Portfolio Management

  • Paul Wick
  • Ajay Diwan
  • Braj Agrawal