Columbia Seligman Global Technology Fund Advisor Class
CCHRX
NASDAQ- -
USD
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- -
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
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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 - Global
- Address
- 290 Congress Street Boston MA United States of America 2210
- IPO Date
- Nov 9, 2012
- CIK
- 0001352280
- Similar Companies
- Business
- Columbia Seligman Global Technology Fund Advisor Class (CCHRX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of U.S. and non-U.S. companies conducting business in technology and technology-related industries; it normally allocates at least 80% of net assets to such securities, including at least 40% in non-U.S. companies, with a non-diversified portfolio typically comprising 50-75 holdings across all market capitalizations. The fund emphasizes a conviction-weighted, valuation-aware growth-at-a-reasonable-price (GARP) approach through bottom-up fundamental analysis targeting undervalued or misunderstood companies with strong intellectual property, management teams, and growth potential; key sectors include semiconductors, technology hardware, software, and communications, with top holdings such as NVIDIA Corporation, Broadcom Inc., Apple Inc., Microsoft Corporation, and Lam Research Corporation representing over 25% of assets. Managed by a tenured team led by Paul Wick since the overall strategy's inception in 1994, with additional portfolio managers including Shekhar Pramanick, Sanjay Devgan, Christopher Boova, Vimal Patel, and Sanjiv Wadhwani, the Advisor Class (CCHRX) was launched on November 8, 2012, with a net expense ratio of 1.04%, minimum initial investment of $2,000, and total net assets under management of approximately $2.3 billion across share classes. The fund operates within the Columbia Funds Series Trust II, advised by Columbia Management Investment Advisers, LLC, a subsidiary of Columbia Threadneedle Investments, with administrative operations based in Boston, Massachusetts. It targets institutional and advisor-sold channels in the United States, maintaining significant exposure to U.S. equities (over 90%) alongside developed international markets including Japan, Eurozone, and Asia; the portfolio features low turnover (around 22-46%) and focuses on high-conviction positions in AI beneficiaries, semiconductor equipment makers, cloud infrastructure providers, and payments processors like Visa Inc. and Global Payments Inc. Recent developments include sustained strong performance amid the AI and semiconductor recovery, with the fund delivering a 29.98% one-year total return as of late 2024 and institutional shares returning 19.52% in Q2 2025, driven by overweight positions in Lam Research and Marvell Technology; the broader Columbia Threadneedle organization expanded its Seligman technology franchise in prior years with launches such as the Columbia Seligman Semiconductor and Technology ETF (SEMI) in 2022 and six new ETFs in late 2025, while related Seligman strategies announced quarterly distributions and director re-elections in 2025, reflecting ongoing strategic focus on technology growth without major fund-specific mergers, acquisitions, or reorganizations reported for CCHRX in the last 1-2 years.