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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS
OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-01829
Columbia Acorn Trust
(Exact name of registrant as specified in charter)
227 W. Monroe Street, Suite 3000, Chicago, IL | 60606 | |
(Address of principal executive offices) | (Address of principal executive offices) |
Mary C. Moynihan
Perkins Coie LLP
700 13th Street, NW
Suite 600
Washington, DC 20005
Paul B. Goucher, Esq.
Columbia Management Investment Advisers, LLC
100 Park Avenue
New York, New York 10017
P. Zachary Egan
Columbia Acorn Trust
227 West Monroe Street, Suite 3000
Chicago, Illinois 60606
(Name and address of agent for service)
Registrants telephone number, including area code: 312-634-9200
Date of fiscal year end: December 31
Date of reporting period: September 30, 2017
Item 1. Schedule of Investments.
Columbia
Acorn® Fund | Quarterly Report 2017 |
1 |
2 | Columbia Acorn® Fund | Quarterly Report 2017 |
Columbia
Acorn® Fund | Quarterly Report 2017 |
3 |
4 | Columbia Acorn® Fund | Quarterly Report 2017 |
Columbia
Acorn® Fund | Quarterly Report 2017 |
5 |
(a) | Non-income producing security. |
(b) | All or a portion of this security was on loan at September 30, 2017. The total market value of securities on loan at September 30, 2017 was $27,237,073. |
(c) | The rate shown is the seven-day current annualized yield at September 30, 2017. |
(d) | Investment made with cash collateral received from securities lending activity. |
6 | Columbia Acorn® Fund | Quarterly Report 2017 |
(e) | An affiliated person of the Fund, as defined in the Investment Company Act of 1940, may include any company in which the Fund owns five percent or more of its outstanding voting shares. Holdings and transactions in these affiliated companies during the period ended September 30, 2017, are as follows. At September 30, 2017, the Fund had no outstanding affiliated investments. |
Issuer | Beginning
shares |
Shares
purchased |
Shares
sold |
Ending
shares |
Value ($) | Net
change in unrealized appreciation (depreciation) ($) |
Dividend
— affiliated issuers ($) |
Realized
Gain (Loss) |
Boingo Wireless, Inc. 1 | 2,180,974 | 84,481 | (563,315) | 1,702,140 | 36,374,732 | 13,870,411 | — | 3,030,030 |
Celldex Therapeutics, Inc. 1 | 6,019,590 | 87,227 | (3,243,582) | 2,863,235 | 8,188,852 | 281,517 | — | (5,653,863) |
Endologix, Inc. 1 | 4,661,700 | 59,584 | (2,732,247) | 1,989,037 | 8,871,105 | 2,777,148 | — | (8,376,418) |
Nutanix, Inc., Class A 1 | 898,090 | 510,829 | (549,823) | 859,096 | 19,235,159 | 2,305,054 | — | (3,550,538) |
Total of Affiliated Transactions | 13,760,354 | 742,121 | (7,088,967) | 7,413,508 | 72,669,848 | 19,234,130 | — | (14,550,789) |
1 | At September 30, 2017, the Fund owned less than five percent of the company’s outstanding voting shares. |
ADR | American Depositary Receipt |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
Columbia
Acorn® Fund | Quarterly Report 2017 |
7 |
Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Total ($) | |
Investments | ||||
Common Stocks | ||||
Consumer Discretionary | 836,870,118 | — | — | 836,870,118 |
Consumer Staples | 64,103,127 | — | — | 64,103,127 |
Energy | 68,079,234 | — | — | 68,079,234 |
Financials | 441,153,199 | — | — | 441,153,199 |
Health Care | 1,055,415,900 | — | — | 1,055,415,900 |
Industrials | 830,127,359 | — | — | 830,127,359 |
Information Technology | 1,041,736,941 | — | — | 1,041,736,941 |
Materials | 45,801,953 | — | — | 45,801,953 |
Real Estate | 179,806,758 | — | — | 179,806,758 |
Telecommunication Services | 57,120,320 | — | — | 57,120,320 |
Total Common Stocks | 4,620,214,909 | — | — | 4,620,214,909 |
Limited Partnerships | ||||
Consumer Discretionary | 21,066,370 | — | — | 21,066,370 |
Total Limited Partnerships | 21,066,370 | — | — | 21,066,370 |
Securities Lending Collateral | 27,705,225 | — | — | 27,705,225 |
Money Market Funds | 92,489,444 | — | — | 92,489,444 |
Total Investments | 4,761,475,948 | — | — | 4,761,475,948 |
8 | Columbia Acorn® Fund | Quarterly Report 2017 |
Columbia
Acorn International® | Quarterly Report 2017 |
9 |
10 | Columbia Acorn International® | Quarterly Report 2017 |
Columbia
Acorn International® | Quarterly Report 2017 |
11 |
12 | Columbia Acorn International® | Quarterly Report 2017 |
Money Market Funds 2.6% | ||
Shares | Value ($) | |
JPMorgan
U.S. Government Money Market Fund, IM Shares, 0.920%(c) |
125,684,809 | 125,684,809 |
Total
Money Market Funds (Cost: $125,684,809) |
125,684,809 | |
Total
Investments (Cost: $3,391,596,091) |
5,020,493,581 | |
Obligation to Return Collateral for Securities Loaned | (84,811,220) | |
Other Assets & Liabilities, Net | (3,097,741) | |
Net Assets | $4,932,584,620 |
(a) | All or a portion of this security was on loan at September 30, 2017. The total market value of securities on loan at September 30, 2017 was $81,978,787. |
(b) | Non-income producing security. |
(c) | The rate shown is the seven-day current annualized yield at September 30, 2017. |
(d) | Investment made with cash collateral received from securities lending activity. |
ADR | American Depositary Receipt |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
Columbia
Acorn International® | Quarterly Report 2017 |
13 |
Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Total ($) | |
Investments | ||||
Common Stocks | ||||
Australia | — | 76,440,958 | — | 76,440,958 |
Brazil | 58,044,115 | — | — | 58,044,115 |
Canada | 274,190,799 | — | — | 274,190,799 |
Cayman Islands | 41,930,190 | 20,633,576 | — | 62,563,766 |
China | 121,930,622 | 102,175,998 | — | 224,106,620 |
Denmark | — | 185,691,655 | — | 185,691,655 |
France | — | 68,277,498 | — | 68,277,498 |
Germany | — | 414,017,666 | — | 414,017,666 |
Hong Kong | — | 25,497,725 | — | 25,497,725 |
India | — | 134,446,929 | — | 134,446,929 |
Indonesia | — | 33,030,448 | — | 33,030,448 |
Ireland | — | 32,522,073 | — | 32,522,073 |
Italy | — | 141,469,518 | — | 141,469,518 |
Japan | — | 1,098,631,142 | — | 1,098,631,142 |
Malta | — | 84,839,345 | — | 84,839,345 |
Mexico | 73,446,618 | — | — | 73,446,618 |
Netherlands | — | 57,231,418 | — | 57,231,418 |
New Zealand | — | 27,029,686 | — | 27,029,686 |
Philippines | — | 26,507,165 | — | 26,507,165 |
Singapore | — | 78,755,431 | — | 78,755,431 |
South Africa | — | 54,622,066 | — | 54,622,066 |
South Korea | — | 159,342,835 | — | 159,342,835 |
Spain | — | 134,589,486 | — | 134,589,486 |
Sweden | — | 238,423,722 | — | 238,423,722 |
Switzerland | — | 151,063,562 | — | 151,063,562 |
Taiwan | — | 83,727,195 | — | 83,727,195 |
Thailand | — | 59,488,804 | — | 59,488,804 |
United Kingdom | 49,039,268 | 637,118,848 | — | 686,158,116 |
United States | 31,428,034 | — | — | 31,428,034 |
Total Common Stocks | 650,009,646 | 4,125,574,749 | — | 4,775,584,395 |
Preferred Stocks | ||||
Germany | — | 34,413,157 | — | 34,413,157 |
Total Preferred Stocks | — | 34,413,157 | — | 34,413,157 |
Securities Lending Collateral | 84,811,220 | — | — | 84,811,220 |
Money Market Funds | 125,684,809 | — | — | 125,684,809 |
Total Investments | 860,505,675 | 4,159,987,906 | — | 5,020,493,581 |
14 | Columbia Acorn International® | Quarterly Report 2017 |
Columbia
Acorn USA® | Quarterly Report 2017 |
15 |
16 | Columbia Acorn USA® | Quarterly Report 2017 |
Columbia
Acorn USA® | Quarterly Report 2017 |
17 |
18 | Columbia Acorn USA® | Quarterly Report 2017 |
(a) | Non-income producing security. |
(b) | All or a portion of this security was on loan at September 30, 2017. The total market value of securities on loan at September 30, 2017 was $1,206,340. |
(c) | The rate shown is the seven-day current annualized yield at September 30, 2017. |
(d) | Investment made with cash collateral received from securities lending activity. |
ADR | American Depositary Receipt |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
Columbia
Acorn USA® | Quarterly Report 2017 |
19 |
Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Total ($) | |
Investments | ||||
Common Stocks | ||||
Consumer Discretionary | 70,661,062 | — | — | 70,661,062 |
Consumer Staples | 6,094,399 | — | — | 6,094,399 |
Energy | 5,775,212 | — | — | 5,775,212 |
Financials | 34,518,733 | — | — | 34,518,733 |
Health Care | 80,032,298 | — | — | 80,032,298 |
Industrials | 51,340,760 | — | — | 51,340,760 |
Information Technology | 70,888,160 | — | — | 70,888,160 |
Materials | 3,609,166 | — | — | 3,609,166 |
Real Estate | 5,532,402 | — | — | 5,532,402 |
Total Common Stocks | 328,452,192 | — | — | 328,452,192 |
Securities Lending Collateral | 1,225,600 | — | — | 1,225,600 |
Money Market Funds | 3,564,895 | — | — | 3,564,895 |
Total Investments | 333,242,687 | — | — | 333,242,687 |
20 | Columbia Acorn USA® | Quarterly Report 2017 |
Columbia
Acorn International SelectSM | Quarterly Report 2017 |
21 |
(a) | All or a portion of this security was on loan at September 30, 2017. The total market value of securities on loan at September 30, 2017 was $2,686,193. |
(b) | Non-income producing security. |
(c) | The rate shown is the seven-day current annualized yield at September 30, 2017. |
(d) | Investment made with cash collateral received from securities lending activity. |
ADR | American Depositary Receipt |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
22 | Columbia Acorn International SelectSM | Quarterly Report 2017 |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Total ($) | |
Investments | ||||
Common Stocks | ||||
Australia | — | 4,830,319 | — | 4,830,319 |
Canada | 5,855,324 | — | — | 5,855,324 |
China | 4,115,436 | — | — | 4,115,436 |
Denmark | — | 4,616,154 | — | 4,616,154 |
France | — | 4,516,904 | — | 4,516,904 |
Germany | — | 11,698,123 | — | 11,698,123 |
India | — | 3,604,567 | — | 3,604,567 |
Ireland | — | 2,218,191 | — | 2,218,191 |
Japan | — | 28,140,461 | — | 28,140,461 |
Mexico | 2,671,480 | — | — | 2,671,480 |
South Africa | — | 5,176,253 | — | 5,176,253 |
South Korea | — | 2,556,347 | — | 2,556,347 |
Sweden | — | 5,947,771 | — | 5,947,771 |
Switzerland | — | 10,187,013 | — | 10,187,013 |
Taiwan | — | 4,233,963 | — | 4,233,963 |
United Kingdom | — | 16,096,062 | — | 16,096,062 |
Total Common Stocks | 12,642,240 | 103,822,128 | — | 116,464,368 |
Preferred Stocks | ||||
Germany | — | 2,389,803 | — | 2,389,803 |
Total Preferred Stocks | — | 2,389,803 | — | 2,389,803 |
Securities Lending Collateral | 2,797,200 | — | — | 2,797,200 |
Money Market Funds | 3,985,853 | — | — | 3,985,853 |
Total Investments | 19,425,293 | 106,211,931 | — | 125,637,224 |
Columbia
Acorn International SelectSM | Quarterly Report 2017 |
23 |
24 | Columbia Acorn International SelectSM | Quarterly Report 2017 |
Columbia
Acorn SelectSM | Quarterly Report 2017 |
25 |
(a) | Non-income producing security. |
(b) | All or a portion of this security was on loan at September 30, 2017. The total market value of securities on loan at September 30, 2017 was $6,817,500. |
(c) | The rate shown is the seven-day current annualized yield at September 30, 2017. |
(d) | Investment made with cash collateral received from securities lending activity. |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
26 | Columbia Acorn SelectSM | Quarterly Report 2017 |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Total ($) | |
Investments | ||||
Common Stocks | ||||
Consumer Discretionary | 61,216,591 | — | — | 61,216,591 |
Financials | 41,527,968 | — | — | 41,527,968 |
Health Care | 56,308,565 | — | — | 56,308,565 |
Industrials | 80,134,948 | — | — | 80,134,948 |
Information Technology | 45,016,488 | — | — | 45,016,488 |
Materials | 10,301,772 | — | — | 10,301,772 |
Real Estate | 8,782,442 | — | — | 8,782,442 |
Total Common Stocks | 303,288,774 | — | — | 303,288,774 |
Securities Lending Collateral | 6,975,000 | — | — | 6,975,000 |
Money Market Funds | 6,154,412 | — | — | 6,154,412 |
Total Investments | 316,418,186 | — | — | 316,418,186 |
Columbia
Acorn SelectSM | Quarterly Report 2017 |
27 |
28 | Columbia Thermostat FundSM | Quarterly Report 2017 |
(a) | An affiliated person of the Fund, as defined in the Investment Company Act of 1940, may include any company in which the Fund owns five percent or more of its outstanding voting shares. Holdings and transactions in these affiliated companies during the period ended September 30, 2017, are as follows. The aggregate cost and value of these companies at September 30, 2017, was $878,695,387 and $918,517,341, respectively. Investments in affiliated companies represented 99.82% of the Fund’s total net assets at September 30, 2017. |
Issuer | Beginning
shares |
Shares
purchased |
Shares
sold |
Ending
shares |
Value ($) | Net
change in unrealized appreciation (depreciation) ($) |
Dividend
— affiliated issuers ($) |
Capital
gain distributions ($) |
Realized
gain (loss) ($) |
Columbia Acorn Fund, Class I Shares | 704,294 | — | (704,294) 1 | — | — | — | — | — | (25,299) |
Columbia Acorn Fund, Class Y Shares | — | 1,502,308 1 | (748,417) | 753,891 | 13,841,431 | 1,524,427 | — | 784,027 | 21,298 |
Columbia Acorn International, Class I Shares | 587,054 | — | (587,054) 1 | — | — | — | — | — | 393,821 |
Columbia Acorn International, Class Y Shares | — | 1,191,830 1 | (602,808) | 589,022 | 27,631,040 | 4,252,548 | 416,869 | — | 1,428,233 |
Columbia Acorn Select Fund, Class Y Shares | — | 1,651,131 1 | (820,946) | 830,185 | 13,888,997 | 941,335 | — | 1,733,798 | (427,574) |
Columbia Acorn Select, Class I Shares | 738,151 | — | (738,151) 1 | — | — | — | — | — | 94,331 |
Columbia Contrarian Core Fund, Class Y Shares | — | 1,041,157 1 | (516,902) | 524,255 | 13,845,583 | 504,223 | — | — | 2,117,654 |
Columbia Contrarian Core Fund, Class I Shares | 966,230 | — | (966,230) 1 | — | — | — | — | — | 428,650 |
Columbia Dividend Income Fund, Class I Shares | 1,141,969 | 5,458 | (1,147,427) 1 | — | — | — | 109,213 | — | 347,840 |
Columbia Dividend Income Fund, Class Y Shares | — | 2,496,485 1 | (1,220,428) | 1,276,057 | 27,601,111 | 2,214,848 | 315,875 | — | 863,106 |
Columbia Income Opportunities Fund, Class I Shares | 10,148,993 | 79,762 | (10,228,755) 1 | — | — | — | 1,094,167 | — | 125,579 |
Columbia Income Opportunities Fund, Class Y Shares | — | 10,643,978 1 | (2,866,003) | 7,777,975 | 78,246,431 | 1,291,037 | 2,013,283 | — | 981,606 |
Columbia Large Cap Enhanced Core Fund, Class I Shares | 483,277 | — | (483,277) 1 | — | — | — | — | — | 295,597 |
Columbia Large Cap Enhanced Core Fund, Class Y Shares | — | 1,086,182 1 | (533,780) | 552,402 | 13,843,195 | 894,052 | 41,380 | 710,252 | 320,061 |
Columbia Select Large Cap Equity Fund, Class Y Shares | — | 1,902,948 1 | (919,491) | 983,457 | 13,866,738 | 796,600 | 24,327 | 164,761 | 437,364 |
Columbia Select Large Cap Growth Fund, Class I Shares | 788,763 | — | (788,763) 1 | — | — | — | — | — | 285,040 |
Columbia Select Large Cap Growth Fund, Class Y Shares | — | 1,588,661 1 | (796,110) | 792,551 | 13,552,615 | 1,719,696 | — | 1,229,299 | 427,920 |
Columbia Short Term Bond Fund, Class I Shares | 39,832,272 | 90,204 | (39,922,476) 1 | — | — | — | 1,260,302 | — | (44,802) |
Columbia Short Term Bond Fund, Class Y Shares | — | 41,461,353 1 | (10,156,127) | 31,305,226 | 311,800,052 | 311,777 | 2,719,666 | — | (100,028) |
Columbia Total Return Bond Fund, Class I Shares | 22,201,461 | 102,335 | (22,303,796) 1 | — | — | — | 1,254,651 | — | (228,265) |
Columbia Total Return Bond Fund, Class Y Shares | — | 23,060,056 1 | (5,871,371) | 17,188,685 | 156,245,143 | 2,981,191 | 2,410,862 | — | (185,549) |
Columbia
Thermostat FundSM | Quarterly Report 2017 |
29 |
Issuer | Beginning
shares |
Shares
purchased |
Shares
sold |
Ending
shares |
Value ($) | Net
change in unrealized appreciation (depreciation) ($) |
Dividend
— affiliated issuers ($) |
Capital
gain distributions ($) |
Realized
gain (loss) ($) |
Columbia U.S. Government Mortgage Fund, Class I Shares | 36,866,439 | 145,269 | (37,011,708) 1 | — | — | — | 1,096,479 | — | (294,353) |
Columbia U.S. Government Mortgage Fund, Class Y Shares | — | 38,448,069 1 | (9,672,348) | 28,775,721 | 156,252,168 | 2,475,851 | 2,362,617 | — | (141,384) |
Columbia U.S. Treasury Index Fund, Class I Shares | 9,050,066 | 21,032 | (9,071,098) 1 | — | — | — | 324,653 | — | (216,893) |
Columbia U.S. Treasury Index Fund, Class Y Shares | — | 9,329,246 1 | (2,342,444) | 6,986,802 | 77,902,837 | 2,482,972 | 633,297 | — | (550,563) |
Total of Affiliated Transactions | 123,508,969 | 135,847,464 | (161,020,204) | 98,336,229 | 918,517,341 | 22,390,557 | 16,077,641 | 4,622,137 | 6,353,390 |
1 | Includes the effect of underlying share class exchange. |
(b) | Non-income producing security. |
(c) | The rate shown is the seven-day current annualized yield at September 30, 2017. |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
30 | Columbia Thermostat FundSM | Quarterly Report 2017 |
Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Total ($) | |
Investments | ||||
Equity Funds | 138,070,710 | — | — | 138,070,710 |
Fixed-Income Funds | 780,446,631 | — | — | 780,446,631 |
Money Market Funds | 1,740,623 | — | — | 1,740,623 |
Total Investments | 920,257,964 | — | — | 920,257,964 |
Columbia
Thermostat FundSM | Quarterly Report 2017 |
31 |
32 | Columbia Acorn Emerging Markets FundSM | Quarterly Report 2017 |
Columbia
Acorn Emerging Markets FundSM | Quarterly Report 2017 |
33 |
Money Market Funds 2.1% | ||
Shares | Value ($) | |
JPMorgan
U.S. Government Money Market Fund, IM Shares, 0.920%(c) |
2,160,441 | 2,160,441 |
Total
Money Market Funds (Cost: $2,160,441) |
2,160,441 | |
Total
Investments (Cost: $84,304,204) |
103,897,939 | |
Obligation to Return Collateral for Securities Loaned | (1,764,750) | |
Other Assets & Liabilities, Net | (266,832) | |
Net Assets | $101,866,357 |
(a) | Non-income producing security. |
(b) | All or a portion of this security was on loan at September 30, 2017. The total market value of securities on loan at September 30, 2017 was $1,738,686. |
(c) | The rate shown is the seven-day current annualized yield at September 30, 2017. |
(d) | Investment made with cash collateral received from securities lending activity. |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
34 | Columbia Acorn Emerging Markets FundSM | Quarterly Report 2017 |
Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Total ($) | |
Investments | ||||
Common Stocks | ||||
Brazil | 5,367,548 | — | — | 5,367,548 |
Cambodia | — | 2,466,621 | — | 2,466,621 |
Cayman Islands | 5,960,417 | 2,120,863 | — | 8,081,280 |
China | 8,563,730 | 3,601,942 | — | 12,165,672 |
Finland | — | 176,904 | — | 176,904 |
Hong Kong | — | 4,452,596 | — | 4,452,596 |
India | — | 14,090,642 | — | 14,090,642 |
Indonesia | — | 6,869,093 | — | 6,869,093 |
Mexico | 5,704,227 | — | — | 5,704,227 |
Philippines | — | 2,238,392 | — | 2,238,392 |
Russian Federation | — | 1,481,370 | — | 1,481,370 |
South Africa | — | 5,733,345 | — | 5,733,345 |
South Korea | — | 13,290,907 | — | 13,290,907 |
Taiwan | — | 8,696,981 | — | 8,696,981 |
Thailand | — | 6,444,418 | — | 6,444,418 |
Turkey | — | 2,712,752 | — | 2,712,752 |
Total Common Stocks | 25,595,922 | 74,376,826 | — | 99,972,748 |
Securities Lending Collateral | 1,764,750 | — | — | 1,764,750 |
Money Market Funds | 2,160,441 | — | — | 2,160,441 |
Total Investments | 29,521,113 | 74,376,826 | — | 103,897,939 |
Columbia
Acorn Emerging Markets FundSM | Quarterly Report 2017 |
35 |
36 | Columbia Acorn European FundSM | Quarterly Report 2017 |
Columbia
Acorn European FundSM | Quarterly Report 2017 |
37 |
Money Market Funds 3.8% | ||
Shares | Value ($) | |
JPMorgan
U.S. Government Money Market Fund, IM Shares, 0.920%(d) |
3,192,816 | 3,192,816 |
Total
Money Market Funds (Cost: $3,192,816) |
3,192,816 | |
Total
Investments (Cost: $66,738,521) |
86,033,392 | |
Obligation to Return Collateral for Securities Loaned | (2,183,254) | |
Other Assets & Liabilities, Net | 481,735 | |
Net Assets | $84,331,873 |
(a) | All or a portion of this security was on loan at September 30, 2017. The total market value of securities on loan at September 30, 2017 was $2,104,447. |
(b) | Non-income producing security. |
(c) | Security is traded on a Swedish exchange. |
(d) | The rate shown is the seven-day current annualized yield at September 30, 2017. |
(e) | Investment made with cash collateral received from securities lending activity. |
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others) |
• | Level 3 – prices determined using significant unobservable inputs where quoted prices or observable inputs are unavailable or less reliable (including management’s own assumptions about the factors market participants would use in pricing an investment) |
38 | Columbia Acorn European FundSM | Quarterly Report 2017 |
Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Total ($) | |
Investments | ||||
Common Stocks | ||||
Australia | — | 815,064 | — | 815,064 |
Belgium | — | 959,930 | — | 959,930 |
Denmark | — | 3,484,512 | — | 3,484,512 |
Finland | — | 2,905,430 | — | 2,905,430 |
France | — | 3,843,395 | — | 3,843,395 |
Germany | — | 19,023,581 | — | 19,023,581 |
Ireland | — | 1,667,835 | — | 1,667,835 |
Italy | — | 3,989,249 | — | 3,989,249 |
Luxembourg | — | 1,033,965 | — | 1,033,965 |
Malta | — | 2,070,237 | — | 2,070,237 |
Netherlands | — | 1,598,984 | — | 1,598,984 |
Norway | — | 1,850,740 | — | 1,850,740 |
Spain | — | 2,911,071 | — | 2,911,071 |
Sweden | — | 7,779,973 | — | 7,779,973 |
Switzerland | — | 4,313,071 | — | 4,313,071 |
Turkey | — | 1,444,845 | — | 1,444,845 |
United Kingdom | 826,498 | 18,963,159 | — | 19,789,657 |
Total Common Stocks | 826,498 | 78,655,041 | — | 79,481,539 |
Preferred Stocks | ||||
Germany | — | 1,175,783 | — | 1,175,783 |
Total Preferred Stocks | — | 1,175,783 | — | 1,175,783 |
Securities Lending Collateral | 2,183,254 | — | — | 2,183,254 |
Money Market Funds | 3,192,816 | — | — | 3,192,816 |
Total Investments | 6,202,568 | 79,830,824 | — | 86,033,392 |
Columbia
Acorn European FundSM | Quarterly Report 2017 |
39 |
Item 2. Controls and Procedures.
(a) | The registrants principal executive officer and principal financial officer, based on their evaluation of the registrants disclosure controls and procedures as of a date within 90 days of the filing of this report, have concluded that such controls and procedures are adequately designed to ensure that information required to be disclosed by the registrant in Form N-Q is accumulated and communicated to the registrants management, including the principal executive officer and principal financial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. |
(b) | There was no change in the registrants internal control over financial reporting that occurred during the registrants last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting. |
Item 3. Exhibits.
Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) attached hereto as Exhibit 99.CERT.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(registrant) |
Columbia Acorn Trust |
By (Signature and Title) | /s/ P. Zachary Egan | |
P. Zachary Egan, President and Principal Executive Officer |
Date |
November 21, 2017 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title) | /s/ P. Zachary Egan | |
P. Zachary Egan, President and Principal Executive Officer |
Date |
November 21, 2017 |
By (Signature and Title) | /s/ John M. Kunka | |
John M. Kunka, Treasurer and Principal Accounting and Financial Officer |
Date |
November 21, 2017 |
I, John M. Kunka, certify that:
1. | I have reviewed this report on Form N-Q of Columbia Acorn Trust; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; |
4. | The registrants other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
(a) | designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
(b) | designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
(c) | evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and |
(d) | disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and |
5. | The registrants other certifying officer(s) and I have disclosed to the registrants auditors and the audit committee of the registrants board of directors (or persons performing the equivalent functions): |
(a) | all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize, and report financial information; and |
(b) | any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal control over financial reporting. |
Date: November 21, 2017 | /s/ John M. Kunka | |||||
John M. Kunka, Treasurer and Principal Accounting and Financial Officer |
I, P. Zachary Egan, certify that:
1. | I have reviewed this report on Form N-Q of Columbia Acorn Trust; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; |
4. | The registrants other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
(a) | designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
(b) | designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
(c) | evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and |
(d) | disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and |
5. | The registrants other certifying officer(s) and I have disclosed to the registrants auditors and the audit committee of the registrants board of directors (or persons performing the equivalent functions): |
(a) | all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize, and report financial information; and |
(b) | any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal control over financial reporting. |
Date: November 21, 2017 | /s/ P. Zachary Egan | |||||
P. Zachary Egan, President and Principal Executive Officer |