Class |
Ticker
Symbol |
A |
CAEAX |
Advisor
(Class Adv) |
CLOFX |
Class |
Ticker
Symbol |
Institutional
(Class Inst) |
CAEZX |
3 | |
3 | |
3 | |
4 | |
5 | |
8 | |
9 | |
9 | |
10 | |
10 | |
11 | |
11 | |
11 | |
11 | |
16 | |
21 | |
22 | |
24 | |
25 | |
26 | |
26 | |
26 | |
33 | |
36 | |
40 | |
41 | |
43 | |
43 | |
44 | |
48 | |
51 | |
55 | |
57 | |
60 | |
60 | |
61 | |
63 | |
A-1 |
Shareholder
Fees (fees paid directly from your
investment) | ||
|
Class
A |
Classes
Adv
and
Inst |
Maximum
sales charge (load) imposed on purchases (as a % of offering
price) |
% |
|
Maximum
deferred sales charge (load) imposed on redemptions (as a % of the lower
of the original purchase price
or
current net asset value) |
%(a) |
|
Annual
Fund Operating Expenses (expenses that you pay each year as a percentage
of the value of your investment) | |||
|
Class
A |
Class
Adv |
Class
Inst |
Management
fees |
% |
% |
% |
Distribution
and/or service (12b-1) fees |
% |
% |
% |
Other
expenses |
% |
% |
% |
Total
annual Fund operating expenses(b) |
% |
% |
% |
Fee
waivers and/or expense reimbursements(c) |
(
%) |
(
%) |
(
%) |
Total
annual Fund operating expenses after fee waivers and/or expense
reimbursements |
% |
% |
% |
|
1
year |
3
years |
5
years |
10
years |
Class
A
(whether or not shares are redeemed) |
$ |
$ |
$ |
$ |
Class
Adv
(whether or not shares are redeemed) |
$ |
$ |
$ |
$ |
Class
Inst
(whether or not shares are redeemed) |
$ |
$ |
$ |
$ |
|
Best
and Worst Quarterly Returns
During
the Period Shown in the Bar Chart | ||
|
|
|
|
|
|
- |
|
Share
Class
Inception
Date |
1
Year |
5
Years |
10
Years |
Class
Inst |
|
|
|
|
returns
before taxes |
|
|
|
|
returns
after taxes on distributions |
|
|
|
|
returns
after taxes on distributions and sale of Fund shares |
|
|
|
|
Class
A returns
before taxes |
|
|
|
|
Class
Adv returns
before taxes |
|
|
|
|
MSCI
AC Europe Small Cap Index (Net) (reflects
reinvested dividends net of
withholding
taxes but reflects no deductions for fees, expenses or other
taxes) |
|
|
|
|
Portfolio
Management |
Title |
Role
with Fund |
Service
with the Fund Since |
Philip
Dicken, CFA |
Portfolio
Manager |
Co-Portfolio
Manager |
November
2023 |
Mine
Tezgul |
Portfolio
Manager |
Co-Portfolio
Manager |
November
2023 |
Online |
Regular
Mail |
Express
Mail |
By
Telephone |
columbiathreadneedleus.com/investor/ |
Columbia
Management
Investment
Services Corp.
P.O.
Box 219104
Kansas
City, MO 64121-9104 |
Columbia
Management
Investment
Services Corp.
c/o
SS&C GIDS, Inc.
430
W 7th
Street, Suite 219104
Kansas
City, MO 64105-1407 |
800.422.3737 |
Class |
Category
of eligible
account |
For
accounts other than
Systematic
Investment
Plan
accounts (as described in the Fund’s Prospectus) |
For
Systematic Investment
Plan
accounts |
Class
A |
All
accounts other than
IRAs |
$2,000 |
$100 |
IRAs |
$1,000 |
$100 | |
Classes
Adv
&
Inst |
All
eligible accounts |
$0,
$1,000 or $2,000
depending
upon the category
of eligible
investor |
$100 |
Columbia
Acorn European Fund | |
Class
A |
1.45% |
Class
Adv |
1.20% |
Class
Inst |
1.20% |
Portfolio
Management |
Title |
Role
with Fund |
Service
with the Fund Since |
Philip
Dicken, CFA |
Portfolio
Manager |
Co-Portfolio
Manager |
November
2023 |
Mine
Tezgul |
Portfolio
Manager |
Co-Portfolio
Manager |
November
2023 |
Annual
Administration Fee, as a % of Aggregate Daily Net Assets of the
Trust: | |
Up
to $8 billion |
0.050% |
$8
billion to $16 billion |
0.040% |
$16
billion to $35 billion |
0.030% |
$35
billion to $45 billion |
0.025% |
$45
billion and over |
0.015% |
Share
Class |
Eligible
Investors;
Minimum
Initial Investments;
Conversion
Features(a)
|
Front-End
Sales
Charges(b)
|
Contingent
Deferred
Sales
Charges
(CDSCs)(b)
|
Sales
Charge
Reductions/Waivers |
Maximum
Distribution
and/or
Service
(12b-1)
Fees(c)
|
Class
A |
Eligibility:
Available to the general
public
for investment Minimum
Initial Investment:
$2,000
($1,000
for IRAs; $100 for monthly
Systematic
Investment Plan accounts
(as
described below)) |
5.75%
maximum,
declining
to 0.00%
on
investments of
$1
million or more |
CDSC
on certain
investments
of
between
$1 million
and
$50 million
redeemed
within
18
months after
purchase
charged
as
follows: •
1.00% CDSC if
redeemed
within
12
months after
purchase
and •
0.50% CDSC if
redeemed
more
than
12, but less
than
18, months
after
purchase |
Reductions:
yes, see Choosing
a
Share Class —
Reductions/Waivers
of Sales
Charges
– Class A Shares
Front-End
Sales Charge
Reductions Waivers:
yes, on Fund
distribution
reinvestments. For
additional
waivers, see
Choosing
a Share Class —
Reductions/Waivers
of Sales
Charges
– Class A Shares
Front-End
Sales Charge
Waivers,
as well as Choosing
a
Share Class — CDSC
Waivers
– Class A and Class C Financial
intermediary-specific
waivers
are also available, see
Appendix
A |
Service
Fee:
0.25% |
Class
Adv |
Eligibility:
Available only to (i)
omnibus
retirement plans, including
self-directed
brokerage accounts
within
omnibus retirement plans that
clear
through institutional no
transaction
fee (NTF) platforms;
retirement
plans; (ii) trust companies
or
similar institutions; (iii) broker-
dealers,
banks, trust companies and
similar
institutions that clear Fund
share
transactions for their client or
customer
investment advisory or
similar
accounts through designated
financial
intermediaries and their
mutual
fund trading platforms that
have
been granted specific written
authorization
from the Transfer Agent
with
respect to Class Adv eligibility
apart
from selling, servicing or
similar
agreements; (iv) 501(c)(3)
charitable
organizations; (v) 529
plans;
(vi) health savings accounts;
(vii)
investors participating in a fee-
based
advisory program sponsored
by
a financial intermediary or other
entity
that is not compensated by the
Fund
for those services, other than
payments
for shareholder servicing
or
sub-accounting performed in place |
None |
None |
N/A |
None |
Share
Class |
Eligible
Investors;
Minimum
Initial Investments;
Conversion
Features(a) |
Front-End
Sales
Charges(b) |
Contingent
Deferred
Sales
Charges
(CDSCs)(b) |
Sales
Charge
Reductions/Waivers |
Maximum
Distribution
and/or
Service
(12b-1)
Fees(c) |
|
of
the Transfer Agent; and (viii)
commissionable
brokerage platforms
where
the financial intermediary,
acting
as broker on behalf of its
customer,
charges the customer a
commission
for effecting
transactions
in Fund shares,
provided
that the financial
intermediary
has an agreement with
the
Distributor that specifically
authorizes
offering Class Adv shares
within
such platform. Minimum
Initial Investment:
None,
except
in the case of (viii) above,
which
is $2,000 ($1,000 for IRAs;
$100
for monthly Systematic
Investment
Plan accounts) |
|
|
|
|
Class
C |
Eligibility:
Available to the general
public
for investment Minimum
Initial Investment:
$2,000
($1,000
for IRAs; $100 for monthly
Systematic
Investment Plan
accounts)
Conversion
Feature:
Yes. Effective
April
1, 2021, Class C shares
generally
automatically convert to
Class
A shares of the same Fund in
the
month of or the month following
the
8-year anniversary of the Class C
shares
purchase date. Prior to April
1,
2021, Class C shares generally
automatically
converted to Class A
shares
of the same Fund in the
month
of or the month following the
10-year
anniversary of the Class C
shares
purchase date.(a)
|
None |
1.00%
on certain
investments
redeemed
within
one
year of
purchase |
Waivers:
yes, on Fund
distribution
reinvestments. For
additional
waivers, see
Choosing
a Share Class —
CDSC
Waivers – Class A and
Class
C Financial
intermediary-specific
CDSC
waivers are also
available,
see Appendix
A |
Distribution
Fee:
0.75% Service
Fee:
0.25% |
Class
Inst |
Eligibility:
Available only to certain
eligible
investors, which are subject
to
different minimum investment
requirements,
ranging from $0 to
$2,000,
including investors who
purchase
Fund shares through
commissionable
brokerage platforms
where
the financial intermediary
holds
the shares in an omnibus
account
and, acting as broker on
behalf
of its customer, charges the
customer
a commission for effecting
transactions
in Fund shares,
provided
that the financial
intermediary
has an agreement with
the
Distributor that specifically
authorizes
offering Class Inst shares
within
such platform; closed to (i)
accounts
of financial intermediaries
that
clear Fund share transactions for
their
client or customer accounts
through
designated financial
intermediaries
and their mutual fund |
None |
None |
N/A |
None |
Share
Class |
Eligible
Investors;
Minimum
Initial Investments;
Conversion
Features(a) |
Front-End
Sales
Charges(b) |
Contingent
Deferred
Sales
Charges
(CDSCs)(b) |
Sales
Charge
Reductions/Waivers |
Maximum
Distribution
and/or
Service
(12b-1)
Fees(c) |
|
trading
platforms that have been
given
specific written notice from the
Transfer
Agent of the termination of
their
eligibility for new purchases of
Class
Inst shares and (ii) omnibus
group
retirement plans, subject to
certain
exceptions(d)
Minimum
Initial Investment:
See
Eligibility
above |
|
|
|
|
Class
Inst2 |
Eligibility:
Available only to (i)
certain
registered
investment advisers and
family
offices that clear Fund share
transactions
for their client or
customer
accounts through
designated
financial intermediaries
and
their mutual fund trading
platforms
that have been granted
specific
written authorization from
the
Transfer Agent with respect to
Class
Inst2 eligibility apart from
selling,
servicing or similar
agreements;
(ii) omnibus retirement
plans(d);
(iii) health savings accounts,
provided
that the financial
intermediary
has an agreement with
the
Distributor that specifically
authorizes
offering Class Inst2
shares
within such platform and that
Fund
shares are held in an omnibus
account;
and (iv) institutional
investors
that are clients of the
Columbia
Threadneedle Global
Institutional
Distribution Team that
invest
in Class Inst2 shares for their
own
account through platforms
approved
by the Distributor or an
affiliate
thereof to offer and/or
service
Class Inst2 shares within
such
platform. Minimum
Initial Investment:
None |
None |
None |
N/A |
None |
Class
Inst3 |
Eligibility:
Available
to: (i) group
retirement
plans that maintain plan-
level
or omnibus accounts with the
Fund(d);
(ii) institutional investors that
are
clients of the Columbia
Threadneedle
Global Institutional
Distribution
Team that invest in
Class
Inst3 shares for their own
account
through platforms approved
by
the Distributor or an affiliate
thereof
to offer and/or service
Class
Inst3 shares within such
platform;
(iii) collective trust funds;
(iv)
affiliated or unaffiliated mutual
funds
(e.g., funds operating as funds-
of-funds);
(v)
fee-based platforms of financial
intermediaries
(or the clearing
intermediary
they trade through) that
have
an agreement with the |
None |
None |
N/A |
None |
Share
Class |
Eligible
Investors;
Minimum
Initial Investments;
Conversion
Features(a) |
Front-End
Sales
Charges(b) |
Contingent
Deferred
Sales
Charges
(CDSCs)(b) |
Sales
Charge
Reductions/Waivers |
Maximum
Distribution
and/or
Service
(12b-1)
Fees(c) |
|
Distributor
or an affiliate thereof that
specifically
authorizes the financial
intermediary
to offer and/or service
Class
Inst3 shares within such
platform,
provided also that Fund
shares
are held in an omnibus
account;
(vi) commissionable
brokerage
platforms where the
financial
intermediary, acting as
broker
on behalf of its customer,
charges
the customer a commission
for
effecting transactions in Fund
shares,
provided that the financial
intermediary
has an agreement with
the
Distributor that specifically
authorizes
offering Class Inst3
shares
within such platform and that
Fund
shares are held in an omnibus
account;
(vii) health savings
accounts,
provided that the financial
intermediary
has an agreement with
the
Distributor that specifically
authorizes
offering Class Inst3
shares
within such platform and that
Fund
shares are held in an omnibus
account;
and (viii) bank trust
departments,
subject to an
agreement
with the Distributor that
specifically
authorizes offering
Class
Inst3 shares and provided that
Fund
shares are held in an omnibus
account.
In each case above where
noted
that Fund shares are required
to
be held in an omnibus account,
the
Distributor, may, in its discretion,
determine
to waive this requirement. Minimum
Initial Investment:
No
minimum
for the eligible investors
described
in (i), (iii), (iv) and (v)
above;
$2,000 ($1,000 for IRAs;
$100
for monthly Systematic
Investment
Plan accounts) for the
eligible
investors described in (vi)
above;
and $1 million for all other
eligible
investors, unless waived in
the
discretion of the Distributor |
|
|
|
|
Class
S |
Effective
on or about October 1,
2024,
Class S shares are available
(i)
to be held, but not purchased, by
accounts
of financial intermediaries
that,
with specific written permission
from
the Transfer Agent, have
instructed
the Fund to exchange
Class
Inst shares for Class S shares;
and
(ii) to be held and purchased by
omnibus
group retirement plans that
(A)
opened and, subject to
exceptions,
funded a Class Inst
share
account as of the close of
business
on March 28, 2013 and
have
continuously held Class Inst |
None |
None |
N/A |
None |
Share
Class |
Eligible
Investors;
Minimum
Initial Investments;
Conversion
Features(a) |
Front-End
Sales
Charges(b) |
Contingent
Deferred
Sales
Charges
(CDSCs)(b) |
Sales
Charge
Reductions/Waivers |
Maximum
Distribution
and/or
Service
(12b-1)
Fees(c) |
|
shares
in such account through at
least
September 30, 2024 and (B)
received
specific written permission
from
the Transfer Agent to exchange
Class
Inst shares for Class S shares.
Only
omnibus retirement plans
referenced
in (ii) above may purchase
Class
S shares, open new Class S
accounts,
or add new plan
participants
to a Class S shares
omnibus
retirement plan account.
Otherwise,
Class S shares are not
available
for purchase (other than
through
the reinvestment of
distributions
on Class S shares).(d)
Minimum
Initial Investment:
See
Eligibility
above |
|
|
|
|
Class
A Shares — Front-End Sales Charge — Breakpoint
Schedule | ||||
Breakpoint
Schedule For: |
Dollar
amount of
shares
bought(a)
|
Sales
charge
as
a
%
of the
offering
price(b)
|
Sales
charge
as
a
%
of the
net
amount
invested(b)
|
Amount
retained
by
or
paid to
financial
intermediaries
as
a
% of the
offering
price |
Class
A Shares |
$0–$49,999 |
5.75% |
6.10% |
5.00% |
$50,000–$99,999 |
4.50% |
4.71% |
3.75% | |
$100,000–$249,999 |
3.50% |
3.63% |
3.00% | |
$250,000–$499,999 |
2.50% |
2.56% |
2.15% | |
$500,000–$999,999 |
2.00% |
2.04% |
1.75% | |
$1,000,000 or more |
0.00% |
0.00% |
0.00%(c)
| |
|
|
|
|
|
Class
A Shares — Commission Schedule (Paid by the Distributor to Financial
Intermediaries) | |
Purchase
Amount |
Commission
Level*
(as
a % of net asset
value
per share) |
$1
million – $2,999,999 |
1.00% |
$3
million – $49,999,999 |
0.50% |
$50
million or more |
0.25% |
Repurchases
(Reinstatements) | |
Redeemed
Share Class |
Corresponding
Repurchase Class |
Class
A |
Class
A |
Class
C |
Class
C |
|
Distribution
Fee |
Service
Fee |
Combined
Total |
Class
A |
None |
0.25% |
0.25% |
Class
Adv |
None |
None |
None |
Class
C |
0.75% |
0.25% |
1.00% |
Class
Inst |
None |
None |
None |
Class
Inst2 |
None |
None |
None |
Class
Inst3 |
None |
None |
None |
Class
S |
None |
None |
None |
Financial
Intermediary
Distribution
Channel |
Fee
Rate |
Retirement |
up
to 0.18% of Fund assets held by intermediaries or platforms charging an
asset-based fee, or $18 per account held
by
intermediaries or platforms charging a per account
fee |
Fund
supermarket
transaction
fee (TF) |
up
to 0.12% of Fund assets held by intermediaries or platforms charging an
asset-based fee, or $16 per account held
for
intermediaries or platforms charging a per account
fee |
Fund
supermarket
no-transaction
fee
(NTF) |
up
to 0.18% of Fund assets held by intermediaries or platforms charging an
asset-based fee, or $18 per account held
by
intermediaries or platforms charging a per account
fee |
Bank |
up
to 0.10% of Fund assets held by intermediaries or platforms charging an
asset-based fee, or $20 per account held
by
intermediaries or platforms charging a per account
fee |
Broker-dealer |
up
to 0.13% of Fund assets held by intermediaries or platforms charging an
asset-based fee, or $16 per account held
by
intermediaries or platforms charging a per account
fee |
Minimum
Account Balance |
|
|
Minimum
Account
Balance |
For
all classes and account types except those listed
below |
$250
(None for accounts with
Systematic
Investment Plans) |
Individual
Retirement Accounts for all classes except those listed
below |
None |
Class
Adv, Class Inst2 and Class Inst3 |
None |
Minimum
Initial Investments | ||
|
Minimum
Initial
Investment(a)
|
Minimum
Initial
Investment
for
Accounts
with
Systematic
Investment
Plans |
For
all classes and account types except those listed
below |
$2,000 |
$100 |
Individual
Retirement Accounts for all classes except those listed
below |
$1,000 |
$100 |
Group
retirement plans |
None |
N/A |
Class
Adv and Class Inst |
$0,
$1,000 or $2,000(b)
|
$100(b)
|
Class
Inst2 |
None |
N/A |
Class
Inst3 |
$0,
$1,000, $2,000 or $1 million(c)
|
$100(c)
|
Declaration
and Distribution Schedule | |
Declarations |
Semiannually |
Distributions |
Semiannually |
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss) |
Net
realized
and
unrealized
gain
(loss) |
Total
from
investment
operations |
Distributions
from net
investment
income |
Total
distributions
to
shareholders |
Class
A | ||||||
Year
Ended 12/31/2023 |
$20.61 |
0.06 |
5.04 |
5.10 |
(0.16) |
(0.16) |
Year
Ended 12/31/2022 |
$33.33 |
0.06(e) |
(12.78) |
(12.72) |
— |
— |
Year
Ended 12/31/2021 |
$27.49 |
(0.14) |
6.04 |
5.90 |
(0.06) |
(0.06) |
Year
Ended 12/31/2020 |
$22.52 |
(0.12) |
5.22 |
5.10 |
(0.13) |
(0.13) |
Year
Ended 12/31/2019 |
$15.56 |
0.06 |
7.09 |
7.15 |
(0.19) |
(0.19) |
Advisor
Class | ||||||
Year
Ended 12/31/2023 |
$20.87 |
0.10 |
5.14 |
5.24 |
(0.22) |
(0.22) |
Year
Ended 12/31/2022 |
$33.68 |
0.11(e) |
(12.92) |
(12.81) |
— |
— |
Year
Ended 12/31/2021 |
$27.78 |
(0.10) |
6.13 |
6.03 |
(0.13) |
(0.13) |
Year
Ended 12/31/2020 |
$22.70 |
(0.06) |
5.27 |
5.21 |
(0.13) |
(0.13) |
Year
Ended 12/31/2019 |
$15.68 |
0.12 |
7.13 |
7.25 |
(0.23) |
(0.23) |
Class
C | ||||||
Year
Ended 12/31/2023 |
$19.85 |
(0.10) |
4.83 |
4.73 |
— |
— |
Year
Ended 12/31/2022 |
$32.35 |
(0.10)
(e) |
(12.40) |
(12.50) |
— |
— |
Year
Ended 12/31/2021 |
$26.83 |
(0.36) |
5.88 |
5.52 |
— |
— |
Year
Ended 12/31/2020 |
$22.15 |
(0.27) |
5.08 |
4.81 |
(0.13) |
(0.13) |
Year
Ended 12/31/2019 |
$15.33 |
(0.06) |
6.93 |
6.87 |
(0.05) |
(0.05) |
Institutional
Class | ||||||
Year
Ended 12/31/2023 |
$20.77 |
0.11 |
5.10 |
5.21 |
(0.22) |
(0.22) |
Year
Ended 12/31/2022 |
$33.51 |
0.11(e) |
(12.85) |
(12.74) |
— |
— |
Year
Ended 12/31/2021 |
$27.64 |
(0.06) |
6.06 |
6.00 |
(0.13) |
(0.13) |
Year
Ended 12/31/2020 |
$22.59 |
(0.06) |
5.24 |
5.18 |
(0.13) |
(0.13) |
Year
Ended 12/31/2019 |
$15.60 |
0.12 |
7.10 |
7.22 |
(0.23) |
(0.23) |
Institutional
2 Class | ||||||
Year
Ended 12/31/2023 |
$21.04 |
0.13 |
5.16 |
5.29 |
(0.23) |
(0.23) |
Year
Ended 12/31/2022 |
$33.92 |
0.12(e) |
(13.00) |
(12.88) |
— |
— |
Year
Ended 12/31/2021 |
$27.98 |
(0.12) |
6.21 |
6.09 |
(0.15) |
(0.15) |
Year
Ended 12/31/2020 |
$22.84 |
(0.05) |
5.32 |
5.27 |
(0.13) |
(0.13) |
Year
Ended 12/31/2019 |
$15.78 |
0.14 |
7.17 |
7.31 |
(0.25) |
(0.25) |
|
Net
asset
value,
end of
period |
Total
return(a)
|
Total
gross
expense
ratio to
average
net
assets(b)
|
Total
net
expense
ratio to
average
net
assets(b)
|
Net
investment
income
(loss)
ratio to
average
net
assets |
Portfolio
turnover |
Net
assets,
end of
period
(000's) |
Class
A | |||||||
Year
Ended 12/31/2023 |
$25.55 |
24.76% |
1.92%
(c) |
1.45%
(c), (d) |
0.24% |
23% |
$30,487 |
Year
Ended 12/31/2022 |
$20.61 |
(38.16%) |
1.80%
(c), (f) |
1.45%
(c), (d), (f) |
0.25% |
31% |
$28,892 |
Year
Ended 12/31/2021 |
$33.33 |
21.47% |
1.63%
(c) |
1.44%
(c), (d) |
(0.45%) |
21% |
$66,374 |
Year
Ended 12/31/2020 |
$27.49 |
22.80% |
1.86%
(c) |
1.45%
(c) |
(0.54%) |
45% |
$42,059 |
Year
Ended 12/31/2019 |
$22.52 |
45.96% |
1.88% |
1.44% |
0.33% |
30% |
$33,361 |
Advisor
Class | |||||||
Year
Ended 12/31/2023 |
$25.89 |
25.11% |
1.67%
(c) |
1.20%
(c), (d) |
0.44% |
23% |
$1,857 |
Year
Ended 12/31/2022 |
$20.87 |
(38.03%) |
1.55%
(c), (f) |
1.20%
(c), (d), (f) |
0.47% |
31% |
$1,161 |
Year
Ended 12/31/2021 |
$33.68 |
21.75% |
1.37%
(c) |
1.19%
(c), (d) |
(0.32%) |
21% |
$3,083 |
Year
Ended 12/31/2020 |
$27.78 |
23.10% |
1.61%
(c) |
1.20%
(c) |
(0.29%) |
45% |
$1,781 |
Year
Ended 12/31/2019 |
$22.70 |
46.30% |
1.63% |
1.19% |
0.60% |
30% |
$1,906 |
Class
C | |||||||
Year
Ended 12/31/2023 |
$24.58 |
23.83% |
2.67%
(c) |
2.20%
(c), (d) |
(0.46%) |
23% |
$1,787 |
Year
Ended 12/31/2022 |
$19.85 |
(38.64%) |
2.54%
(c), (f) |
2.20%
(c), (d), (f) |
(0.47%) |
31% |
$2,372 |
Year
Ended 12/31/2021 |
$32.35 |
20.57% |
2.39%
(c) |
2.19%
(c), (d) |
(1.20%) |
21% |
$7,078 |
Year
Ended 12/31/2020 |
$26.83 |
21.87% |
2.61%
(c) |
2.20%
(c) |
(1.27%) |
45% |
$5,705 |
Year
Ended 12/31/2019 |
$22.15 |
44.79% |
2.64% |
2.19% |
(0.30%) |
30% |
$6,186 |
Institutional
Class | |||||||
Year
Ended 12/31/2023 |
$25.76 |
25.09% |
1.67%
(c) |
1.20%
(c), (d) |
0.47% |
23% |
$23,802 |
Year
Ended 12/31/2022 |
$20.77 |
(38.02%) |
1.54%
(c), (f) |
1.20%
(c), (d), (f) |
0.46% |
31% |
$38,307 |
Year
Ended 12/31/2021 |
$33.51 |
21.76% |
1.38%
(c) |
1.19%
(c), (d) |
(0.21%) |
21% |
$111,462 |
Year
Ended 12/31/2020 |
$27.64 |
23.08% |
1.61%
(c) |
1.20%
(c) |
(0.29%) |
45% |
$55,171 |
Year
Ended 12/31/2019 |
$22.59 |
46.35% |
1.63% |
1.19% |
0.64% |
30% |
$49,616 |
Institutional
2 Class | |||||||
Year
Ended 12/31/2023 |
$26.10 |
25.17% |
1.61%
(c) |
1.14%
(c) |
0.55% |
23% |
$2,661 |
Year
Ended 12/31/2022 |
$21.04 |
(37.97%) |
1.40%
(c), (f) |
1.14%
(c), (f) |
0.48% |
31% |
$2,863 |
Year
Ended 12/31/2021 |
$33.92 |
21.80% |
1.32%
(c) |
1.14%
(c) |
(0.38%) |
21% |
$25,882 |
Year
Ended 12/31/2020 |
$27.98 |
23.23% |
1.58%
(c) |
1.14%
(c) |
(0.24%) |
45% |
$3,855 |
Year
Ended 12/31/2019 |
$22.84 |
46.33% |
1.60% |
1.13% |
0.73% |
30% |
$2,175 |
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss) |
Net
realized
and
unrealized
gain
(loss) |
Total
from
investment
operations |
Distributions
from net
investment
income |
Total
distributions
to
shareholders |
Institutional
3 Class | ||||||
Year
Ended 12/31/2023 |
$20.71 |
0.13 |
5.09 |
5.22 |
(0.24) |
(0.24) |
Year
Ended 12/31/2022 |
$33.38 |
0.13(e) |
(12.80) |
(12.67) |
— |
— |
Year
Ended 12/31/2021 |
$27.54 |
(0.05) |
6.05 |
6.00 |
(0.16) |
(0.16) |
Year
Ended 12/31/2020 |
$22.48 |
(0.02) |
5.21 |
5.19 |
(0.13) |
(0.13) |
Year
Ended 12/31/2019 |
$15.53 |
0.14 |
7.06 |
7.20 |
(0.25) |
(0.25) |
Notes
to Financial Highlights | |
(a) |
Had
the Investment Manager and/or Transfer Agent not waived fees and/or
reimbursed a portion of expenses, total return would have been
reduced. |
(b) |
In
addition to the fees and expenses that the Fund bears directly, the Fund
indirectly bears a pro rata share of the fees and expenses of any
other
funds in which it invests, if any. Such indirect expenses are not included
in the Fund's reported expense ratios. |
(c) |
Ratios
include line of credit interest expense which is less than
0.01%. |
(d) |
The
benefits derived from expense reductions had an impact of less than
0.01%. |
(e) |
Net
investment income per share includes special dividends. The effect of
these dividends amounted to $0.01 per share. |
(f) |
Ratios
include Trustees’ fees deferred during the current period as well as any
gains or losses on the Trustees’ deferred compensation
balances
as a result of market fluctuations. If these had been excluded, expenses
would have been higher by
0.01%. |
|
Net
asset
value,
end of
period |
Total
return(a)
|
Total
gross
expense
ratio to
average
net
assets(b)
|
Total
net
expense
ratio to
average
net
assets(b)
|
Net
investment
income
(loss)
ratio to
average
net
assets |
Portfolio
turnover |
Net
assets,
end of
period
(000's) |
Institutional
3 Class | |||||||
Year
Ended 12/31/2023 |
$25.69 |
25.21% |
1.57%
(c) |
1.11%
(c) |
0.56% |
23% |
$49 |
Year
Ended 12/31/2022 |
$20.71 |
(37.96%) |
1.47%
(c), (f) |
1.11%
(c), (f) |
0.56% |
31% |
$41 |
Year
Ended 12/31/2021 |
$33.38 |
21.83% |
1.32%
(c) |
1.10%
(c) |
(0.15%) |
21% |
$60 |
Year
Ended 12/31/2020 |
$27.54 |
23.24% |
1.52%
(c) |
1.10%
(c) |
(0.08%) |
45% |
$69 |
Year
Ended 12/31/2019 |
$22.48 |
46.42% |
1.54% |
1.09% |
0.74% |
30% |
$19 |