Columbia Pacific/Asia Fund Class A
CASAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Columbia Funds Series Trust I MA United States of America
- IPO Date
- Jan 2, 2019
- CIK
- 0000773757
- Website
- columbiathreadneedleus.com
- Similar Companies
- Business
- Columbia Pacific/Asia Fund Class A (CASAX) is an open-end mutual fund that seeks long-term capital appreciation by investing at least 80% of its net assets in equity securities, including common stocks, preferred stocks, and convertible securities, of companies located in the Pacific/Asia region, encompassing Australia, New Zealand, India, and other countries in the area; the fund operates within the Diversified Pacific/Asia stock category and targets growth-oriented equities across various market capitalizations. Class A shares feature a front-end sales load, with an expense ratio of approximately 2.30%, minimum investment requirements varying by platform, and recent net assets under management around $30 million; related share classes include Class Advisor (CPRAX), Class C (CASCX), and Class I (CASIX), all managed under Columbia Funds Series Trust I by Columbia Threadneedle Investments (formerly Columbia Management), a global asset manager with operations across the United States, Europe, and Asia. The fund, with an inception date around 2008-2019 depending on share class tracking, is headquartered in Boston, Massachusetts, through Columbia Threadneedle's U.S. operations at 225 Franklin Street, and primarily serves retail and institutional investors seeking exposure to Pacific/Asia equities amid regional economic growth. Recent dividend distributions include an ex-dividend payment of $0.561 per share on December 12, 2024, contributing to a trailing twelve-month yield of approximately 16.54%, reflecting the fund's income component alongside capital growth objectives; performance metrics as of late 2025 show a one-year total return of -5.74%, year-to-date decline of -12.63%, and holdings diversified across 868 positions, with notable allocations to fixed-income proxies like iShares Core U.S. Aggregate Bond ETF (AGG) at 40.58% and First American Treasury Obligations Fund (FXFXX) at 32.30% for liquidity and stability. In the broader Columbia Threadneedle ecosystem, strategic changes within the last two years include policy expansions for related Asia Pacific funds, such as broadening regional exposure beyond Asia to the wider Pacific/Asia area (excluding Japan) effective December 12, 2024, for CT (Lux) Asia Equities and Asian Equity Income funds, alongside fund closures like CT Asia Pacific Equity Fund due to asset shrinkage and mergers such as CT MM Navigator Cautious Fund into CT Multi Manager Universal Cautious Fund completed October 31, 2025; these reflect ongoing portfolio rationalization and adaptation to market dynamics without direct impact on CASAX operations.