Columbia Seligman Technology and Information Fund Class I
CCIZX
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
- BOSTON MA 02110 New York NY United States of America 10018
- IPO Date
- Sep 27, 2010
- CIK
- 0000709146
- Website
- clearbridge.com
- Similar Companies
- Business
- Columbia Seligman Technology and Information Fund Institutional Class (CCIZX) is a mutual fund that seeks capital appreciation by investing primarily in securities of technology and information companies. Under normal market conditions, the fund allocates at least 80% of its net assets to equities in the information technology and communications services sectors, including software, semiconductors, hardware, networking, internet services, and related industries such as health care technology and biotechnology; it maintains a non-diversified portfolio of 50-75 holdings across all market capitalizations with a conviction-weighted, bottom-up selection process that emphasizes valuation discipline. The fund may invest up to 25% of assets in foreign securities and targets institutional investors with a low minimum investment of $1. Managed by Columbia Threadneedle Investments (formerly Columbia Management Investment Advisers, LLC), the fund traces its strategy roots to 1990 through the Seligman legacy, prior to Columbia's 2008 acquisition of J. & W. Seligman & Co.; the Institutional Class (CCIZX) was incepted on September 27, 2010, and is domiciled in the United States with headquarters aligned to Columbia Threadneedle's U.S. operations. Sector allocations typically feature heavy exposure to information technology (approximately 68.5%), communications services (14.5%), and smaller positions in financials, industrials, and consumer discretionary, focusing on large- and mid-cap growth stocks. Recent developments include quarterly performance commentary highlighting positive contributions from holdings like Marvell Technology amid semiconductor recovery and allocations to AI-related firms such as Alphabet and Meta via partnerships like those with OpenAI; the broader Columbia Threadneedle platform, encompassing Seligman Investments, launched the Seligman Healthcare Spectrum Fund in 2024 as a new long/short equity hedge fund strategy led by health care specialist Kosta Kleyman. The fund maintains a net expense ratio of 0.93%, total assets of approximately $12 billion, and a portfolio turnover of 39%, with distributions such as the most recent at $18.0748 per share. It operates globally through its foreign investment allowance, serving technology sector investors seeking growth-oriented exposure.