Fund Commentary (PDF)
SECOND QUARTER 2021 INVESTMENT COMMENTARY Share Class A Advisor C Institutional Institutional 2 Institutional 3 R Symbol SLMCX SCIOX SCICX CCIZX SCMIX CCOYX SCIRX Overall Morningstar RatingTM Columbia Seligman Technology and Class A Institutional Class Information Fund The Morningstar Rating is for the indicated Effective June 9, 2021, Columbia Seligman Communications and Information Fund was renamed the share classes only as of 06/30/21; other classes Columbia Seligman Technology and Information Fund to better represent the universe in which the fund may have different performance characteristics. The Morningstar ratings for the overall, invests. three-, five- and 10-year periods for Class A shares are 4 stars, 5 stars, 4 stars and 3 Fund performance stars and for Institutional Class shares are 4 ▪ Institutional Class shares of Columbia Seligman Technology and Information Fund stars, 5 stars, 4 stars and 4 stars among 215, 215, 182 and 157 Technology funds returned 9.62% for the second quarter. respectively, and are based on a Morningstar Risk-Adjusted Return measure. ▪ The fund’s benchmark, the S&P North American Technology Sector Index, returned 12.29% for the quarter. With a return to work focus ▪ For monthly performance, please visit columbiathreadneedle.com. prompting increases in office IT spending, we think our Market overview companies are well The U.S. stock market gained 8.54% in the second quarter, as gauged by the Russell 1000 Index, bringing its year-to-date return to 14.95%. This marked the fifth consecutive positioned for the coming calendar quarter of positive returns for the index, underscoring the strength in market earnings deluge.
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