Columbia Seligman Technology and Information Fund Class A SLMCX

Morningstar Medalist Rating
  • NAV / 1-Day Return$209.79  /  −7.33%
  • Fund Size$25.5B
  • Adjusted Expense Ratio1.140%
  • Net Expense Ratio1.140%
  • Fee Level: DistributionBelow Average
  • Share Class TypeFront Load
  • Morningstar CategoryTechnology
  • Equity Style Box (Funds)Large Growth
  • Minimum Initial Investment$2,000
  • Investment StatusOpen
  • TTM Yield0.00%
  • Turnover Ratio47%

Morningstar’s Analysis SLMCX

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Columbia Seligman Technology and Information Expects a Sizable Capital Gains Distribution

null Stephen Welch

Stephen Welch

Analyst Note

Columbia Threadneedle recently announced Columbia Seligman Technology and Information’s 2026 distribution estimates. As of Sept. 30, 2026, the firm projected that the fund will distribute roughly $53 to $70 per share on Dec. 9, 2026. Depending on share class, this distribution would be 23% to 32% of the fund’s net asset value as of Sept. 30, while the C share class is estimated to distribute 90% of its NAV, as its NAV is much lower than other share classes. Investors holding the fund in a taxable account should anticipate a large tax bill. The strategy has been on a hot streak as artificial intelligence technology stocks have seen massive gains. It gained more than 40% annualized over the trailing three years through October 2026. Top holding, Bloom Energy, has been a massive winner for the strategy, and manager Paul Wick has responsibly trimmed the position over time as it rose, which has helped contribute to the large estimated capital gains.

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Portfolio Holdings SLMCX

  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings42.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Bloom Energy Corp Class A

9.483B
Industrials

Lam Research Corp

5.382B
Technology

NVIDIA Corp

4.791B
Technology

Broadcom Inc

4.781B
Technology

Columbia Short Term Cash Fund

3.631B
Cash and Equivalents

Marvell Technology Inc

3.411B
Technology

Alphabet Inc Class A

3.30989M
Communication Services

Microsoft Corp

3.02903M
Technology

Apple Inc

2.92873M
Technology

GoDaddy Inc Class A

2.68802M
Technology

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