Columbia Select Large Cap Value Fund Class A
SLVAX
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
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in mil. unless spec.Quarterly Earnings Per Share
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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
- Columbia Funds Series Trust II MA United States of America
- IPO Date
- Apr 25, 1997
- CIK
- 0001352280
- Website
- columbiathreadneedleus.com
- Similar Companies
- Business
- Columbia Select Large Cap Value Fund Class A (SLVAX) is an open-end mutual fund that seeks long-term capital appreciation by investing at least 80% of its net assets in equity securities of large capitalization U.S. issuers, with a focus on undervalued "value" companies exhibiting characteristics such as low price-to-earnings or price-to-book ratios, accelerating earnings growth, positive management changes, corporate restructurings, or business cycle improvements. The fund employs a bottom-up, fundamental investment process targeting underappreciated large cap stocks across sectors including financial services, technology, healthcare, industrials, utilities, and energy; top holdings typically include companies like Verizon Communications Inc., Wells Fargo & Co., Qualcomm Inc., PG&E Corp., and FirstEnergy Corp. It offers multiple share classes including Class A (SLVAX), Institutional Class (CSVZX), Class R4 (SLVTX), Class R5 (SLVIX), and others, with expense ratios ranging from 0.60% for institutional shares to approximately 1.21% for Class A after waivers; the fund maintains low turnover at around 7% and serves individual and institutional investors seeking large value exposure. Launched on April 25, 1997, and managed by Columbia Management Investment Advisers, LLC, a subsidiary of Columbia Threadneedle Investments (part of Ameriprise Financial), the fund is domiciled in the United States with primary operations through Columbia Threadneedle's headquarters at 290 Congress Street in Boston, Massachusetts, and additional offices across North America, Europe, and Asia. Columbia Threadneedle, with over $600 billion in assets under management globally, provides the fund's investment expertise through a team led by Portfolio Managers Richard Taft (since October 2016) and Jeffrey Wimmer (since February 2024). Recent developments include the appointment of Jeffrey Wimmer as co-portfolio manager in February 2024, enhancing the team's focus on value opportunities amid market volatility; the fund delivered strong quarterly performance, with Institutional Class shares returning 7.36% for Q3 2025 ended September 30, 2025, driven by holdings in energy and utilities sectors. In 2025, the fund distributed a significantly increased dividend of $3.3080 per share, reflecting a 189.49% year-over-year growth from 2024's $1.1427, alongside ongoing portfolio adjustments to capitalize on low market expectations for select large cap names. No major acquisitions, partnerships, or structural changes were reported for the fund in 2024-2025, maintaining its consistent large value strategy under Columbia Threadneedle's oversight.