Israel Hernandez will join Columbia Seligman Communications and Information's management team in March 2021, the firm has said. Hernandez joins as comanager Christopher Boova departs to focus on separate account Columbia Seligman Technology Growth. Following the change, Columbia Seligman Communications and Information will still have an experienced six-person management team helmed by tech sector veteran Paul Wick, so the Morningstar Analyst Ratings of its seven share classes remain the same.
Columbia Seligman Tech & Info A SLMCX
NAV / 1-Day Return
126.53
/
2.14
%
Total Assets
11.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.230%
Expense Ratio
1.230%
Fee Level
Below Average
Longest Manager Tenure
31.72
years
Category
Technology
Investment Style
Large BlendMin. Initial Investment
2,000
Status
Open
TTM Yield
0.31%
Turnover
32%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will SLMCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SLMCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the SLMCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of SLMCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Comanager Shuffle at Columbia Seligman Communications and Information; Ratings Unchanged
