Columbia Seligman Global Technology Fund Class R
SGTRX
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
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- Columbia Funds Series Trust II MA United States of America
- IPO Date
- Apr 30, 2003
- CIK
- 0001352280
- Website
- columbiathreadneedleus.com
- Similar Companies
- Business
- Columbia Seligman Global Technology Fund Class R (SGTRX) is an open-ended mutual fund that seeks long-term capital appreciation by investing primarily in global technology and technology-related companies across all market capitalizations; it employs a conviction-weighted portfolio strategy with 50-75 holdings, emphasizing a valuation-aware, growth-at-a-reasonable-price (GARP) approach based on rigorous bottom-up fundamental analysis to identify undervalued or misunderstood firms with enduring intellectual property, strong management, and sustained revenue growth potential. The fund allocates heavily to sectors such as semiconductors and semiconductor equipment (33.4%), software (21.5%), interactive media and services (11.2%), technology hardware storage and peripherals (8.7%), and financial services (6.2%), with top holdings including NVIDIA Corp (6.3%), Broadcom Inc (6.0%), Lam Research Corp (5.9%), Microsoft Corp (5.2%), and Bloom Energy Corp (4.2%); it maintains geographic exposure predominantly to the United States (94.2%), with smaller positions in Africa/Middle East (2.9%), Asia (2.5%), and Europe (0.4%). Launched on April 30, 2003, as part of Columbia Threadneedle Investments (formerly Columbia Management), with headquarters in the United States and total net assets of approximately $2.52 billion across share classes (Class R share class size at $187.96 million), the fund features a net expense ratio of 1.50% (reflecting contractual fee waivers through February 28, 2026), daily pricing, and a portfolio turnover rate of 46%; it is available for sale in the United States with no minimum initial investment and is managed by a tenured team including Paul H. Wick (since 1994), Shekhar Pramanick and Sanjay Devgan (since 2014), Christopher Boova (since 2016), Vimal Patel (since 2018), and Sanjiv Wadhwani (since 2021). Recent performance highlights include strong contributions from AI-related holdings like Lam Research, Marvell Technology, Teradyne, and Taiwan Semiconductor amid ongoing infrastructure buildouts and AI deployments by cloud providers such as Microsoft, Alphabet, Amazon, Oracle, and Meta Platforms, as noted in the latest quarterly commentary; the fund maintained overweight positions in these beneficiaries while avoiding laggards like non-AI semiconductors (e.g., ON Semiconductor, NXP) and Intel, reflecting no major structural changes such as mergers, acquisitions, or name changes within the past 1-2 years but continued evolution in portfolio positioning toward AI themes and larger established companies.