Columbia Cornerstone Equity Fund Class I

Columbia Cornerstone Equity Fund Class I

NSEPX
Columbia Cornerstone Equity Fund Class IUS flagNASDAQ
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USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Asset Management
Address
290 Congress Street Boston MA United States of America 02210
IPO Date
Oct 2, 1998
Business
Columbia Select Large Cap Equity Fund (NSEPX) is an open-end mutual fund managed by Columbia Threadneedle Investments that seeks long-term capital appreciation through a blend-style investment approach focused primarily on large-cap U.S. equities. The fund normally invests at least 80% of its net assets in common stocks, preferred stocks, and convertible securities of large-capitalization companies, with up to 20% allocated to foreign securities; its portfolio emphasizes sectors such as technology (32%), financial services (15%), consumer cyclical (11%), communication services (10%), and healthcare (9%), maintaining approximately 99.6% exposure to U.S. stocks and minimal cash holdings. Launched on October 2, 1998, and domiciled in the United States with an institutional share class minimum investment of $2,000, the fund has total net assets of around $1.59 billion, a net expense ratio of 0.65%, and is available to U.S. investors through various platforms. Columbia Threadneedle Investments, the fund's manager and a subsidiary of Ameriprise Financial headquartered in Boston with operations across 17 countries including the United Kingdom, Europe, Asia, and the Middle East, provides a broad range of equity, fixed income, and multi-asset strategies to institutional and retail clients globally. The fund is co-managed by Tiffany Wade (since November 26, 2019) and Michael Guttag (since January 31, 2024), both part of the Select Large Cap Core team at Columbia Threadneedle. Recent developments include portfolio manager changes with Michael Guttag joining the team in early 2024, alongside quarterly performance updates such as a 7.56% return for Q3 2025. Columbia Threadneedle expanded its operational capabilities in August 2025 by selecting State Street for enhanced fund accounting, administration, depositary, and custody services across its UK and Luxembourg pooled funds, aiming to drive efficiencies and support growth. Additionally, in December 2025, the firm launched actively managed ETFs on the SIX Swiss Exchange, broadening its product offerings to European investors, while earlier mergers and rebrandings under the Columbia Threadneedle name (post-2022) have streamlined its global fund lineup without directly impacting NSEPX.