Columbia Global Strategic Equity Fund Institutional Class
NGPAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 290 Congress Street Boston MA 02210
- IPO Date
- Oct 31, 1996
- CIK
- 0001097519
- Similar Companies
- Business
- Columbia Global Strategic Equity Fund Institutional Class (NGPAX) is a mutual fund that seeks capital appreciation by investing primarily in a dynamic portfolio of underlying Columbia equity mutual funds and exchange-traded funds focused on domestic and foreign equities, including large-, mid-, and small-cap stocks across growth and value styles in developed and emerging markets. The fund's core offerings include allocations to specialized strategies such as Columbia Select Large Cap Equity Fund, Columbia Disciplined Value Fund, Columbia Overseas Value Fund, Columbia Select Global Equity Fund, Columbia Emerging Markets Fund, Columbia European Equity Fund, Columbia Global Technology Growth Fund, Columbia Dividend Income Fund, Columbia Large Cap Growth Fund, and Columbia Global Infrastructure Fund, providing investors with diversified exposure to U.S. and Canada (approximately 56%), Asia (22%), Europe (19%), and other regions; it maintains a weighted average market capitalization of $145 billion, trailing P/E ratio of 14.7, and price-to-book ratio of 1.74. Managed by Columbia Management Investment Advisers, LLC, with portfolio managers including Melda Mergen, CFA, CAIA, and William Davies, the fund employs a risk-aware approach blending long-term strategic allocations with tactical adjustments across approximately 900 holdings and a 17% turnover rate. Launched on October 15, 1996, and headquartered at 225 Franklin Street, Boston, Massachusetts, under Columbia Threadneedle Investments, the Institutional Class shares (NGPAX) feature a net expense ratio of 0.95% and target institutional investors seeking world large stock exposure with a Morningstar rating of 4 stars among 751 peers as of early 2020. The fund's geographic operations span global markets through its underlying investments, with net assets totaling approximately $578 million as of recent data. In a significant recent development announced in 2020, shares of Columbia Global Strategic Equity Fund are expected to reorganize and be acquired by Columbia Capital Allocation Aggressive Portfolio during the third quarter of that year, representing a major strategic consolidation within the Columbia Threadneedle family of funds. This reorganization aims to integrate the fund's assets into a broader capital allocation strategy, prompting advisors to evaluate the suitability of new investments prior to the effective date. No additional major partnerships, funding rounds, product launches, or operational shifts have been publicly reported in the last 1-2 years beyond this restructuring.