Columbia Seligman Technology and Information Fund Advisor Class
SCIOX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Columbia Funds Series Trust II MA United States of America
- IPO Date
- Aug 3, 2009
- CIK
- 0001352280
- Similar Companies
- Business
- Columbia Seligman Technology and Information Fund Advisor Class (SCIOX) is a mutual fund that seeks long-term capital appreciation by investing at least 80% of its net assets in securities of technology and information companies, including those in the information technology and communications services sectors under global industry classification standards; it maintains a conviction-weighted portfolio of 50-75 holdings across all market capitalizations, with up to 25% allocated to foreign investments, and remains non-diversified to concentrate on high-conviction opportunities. The fund offers shares through various classes including Advisor Class (SCIOX), with an expense ratio of approximately 0.93%, a portfolio turnover of 39%, and major holdings such as NVIDIA, Microsoft, Apple, Alphabet, and semiconductor firms like Marvell Technology, Teradyne, and Taiwan Semiconductor. Managed primarily by Paul H. Wick since January 1990, with the Seligman unit overseeing $28-29 billion in client assets including related hedge funds, the fund targets institutional and advisor clients focused on technology-driven growth. The fund operates globally with a focus on North American technology leaders while incorporating international exposure, holding approximately $15.8 billion in net assets as of recent reports. It is part of Columbia Threadneedle Investments, successor to the historic J. & W. Seligman & Co. founded in 1864 and headquartered in New York, with the Advisor Class specifically launched on August 3, 2009. The overall Columbia Seligman Technology and Information Fund celebrated its 40-year anniversary in 2023, underscoring its established track record in the sector. Recent performance highlights include strong quarterly outperformance against the S&P North American Technology Sector Index, driven by stock selection in semiconductors, technology hardware, and off-benchmark industrials amid AI recovery and subdued tariff impacts; allocations to beneficiaries of partnerships like Broadcom's deal with OpenAI contributed positively. As of late 2025, assets under management for the broader strategy reached $19.6 billion, reflecting sustained inflows and growth in a robust technology market. No major structural changes such as mergers, name shifts, or manager transitions have occurred in the last 1-2 years, with Paul Wick continuing as lead manager amid ongoing emphasis on valuation-aware, bottom-up security selection.