Item 1. | Reports to Stockholders. |
> | Columbia Income Builder Fund | |
> | Columbia Income Builder Fund II | |
> | Columbia Income Builder Fund III |
Your Fund at a Glance
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Columbia Income Builder Fund
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2 | |||
Columbia Income Builder Fund II
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4 | |||
Columbia Income Builder Fund III
|
6 | |||
Manager Commentary
|
8 | |||
The Funds Long-term Performance
|
10 | |||
Investment Changes
|
16 | |||
Fund Expenses Examples
|
22 | |||
Investments in Affiliated Funds
|
27 | |||
Statements of Assets and Liabilities
|
33 | |||
Statements of Operations
|
34 | |||
Statements of Changes in Net Assets
|
35 | |||
Financial Highlights
|
39 | |||
Notes to Financial Statements
|
49 | |||
Report of Independent Registered Public Accounting Firm
|
56 | |||
Federal Income Tax Information
|
57 | |||
Board Members and Officers
|
58 | |||
Proxy Voting
|
61 | |||
Approval of Investment Management Services Agreement
|
61 | |||
Results of Meetings of Shareholders
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61 |
> | Columbia Income Builder Fund (the Fund) Class A shares rose 12.72% (excluding sales charge) for the 12 months ended January 31, 2011. |
> | The Funds bond benchmark, the Barclays Capital U.S. Aggregate Bond Index, gained 5.06% during the same time frame. |
> | The Funds domestic equity benchmark, the Russell 3000® Value Index, rose 22.09% for the 12-month period. |
> | The Citigroup 3-Month U.S. Treasury Bill Index advanced 0.14% during the 12-month period. |
> | The Fund outperformed its Blended Index, composed of 65% Barclays Capital U.S. Aggregate Bond Index, 25% Russell 3000® Value Index and 10% Citigroup 3-Month U.S. Treasury Bill Index, which gained 7.12% for the same period. |
Since |
||||||||||||
inception |
||||||||||||
1 year | 3 years | 2/16/06 | ||||||||||
Columbia Income Builder Fund
Class A (excluding sales charge) |
+12.72% | +5.13% | +5.51% | |||||||||
Barclays Capital U.S. Aggregate Bond Index (unmanaged)
|
+5.06% | +5.36% | +5.91% | |||||||||
Russell
3000®
Value Index (unmanaged)
|
+22.09% | -1.91% | +0.88% | |||||||||
Citigroup
3-Month U.S.
Treasury Bill Index (unmanaged)
|
+0.14% | +0.60% | +2.25% | |||||||||
Blended Index (unmanaged)
|
+7.12% | +2.98% | +4.30% | |||||||||
at January 31, 2011 | ||||||||||||
Since |
||||||||||||
Without sales charge | 1 year | 3 years | inception | |||||||||
Class A (inception
2/16/06)
|
+12.72 | % | +5.13 | % | +5.51 | % | ||||||
Class B (inception
2/16/06)
|
+11.91 | % | +4.36 | % | +4.72 | % | ||||||
Class C (inception
2/16/06)
|
+11.84 | % | +4.35 | % | +4.73 | % | ||||||
Class R (inception
9/27/10)
|
N/A | N/A | +4.88 | %* | ||||||||
Class R4 (inception
2/16/06)
|
+12.74 | % | +5.34 | % | +5.85 | % | ||||||
Class Z (inception
9/27/10)
|
N/A | N/A | +4.67 | %* | ||||||||
With sales charge
|
||||||||||||
Class A (inception
2/16/06)
|
+7.36 | % | +3.44 | % | +4.48 | % | ||||||
Class B (inception
2/16/06)
|
+6.91 | % | +3.44 | % | +4.39 | % | ||||||
Class C (inception
2/16/06)
|
+10.84 | % | +4.35 | % | +4.73 | % | ||||||
* | Not annualized. |
> | Columbia Income Builder Fund II (the Fund) Class A shares increased 13.95% (excluding sales charge) for the 12 months ended January 31, 2011. |
> | The Funds bond benchmark, the Barclays Capital U.S. Aggregate Bond Index, gained 5.06% during the same time frame. |
> | The Funds domestic equity benchmark, the Russell 3000® Value Index, rose 22.09% for the 12-month period. |
> | The Citigroup 3-Month U.S. Treasury Bill Index advanced 0.14% during the 12-month period. |
> | The Fund outperformed its Blended Index, composed of 70% Barclays Capital U.S. Aggregate Bond Index, 25% Russell 3000® Value Index and 5% Citigroup 3-Month U.S. Treasury Bill Index, which rose 7.40% for the same period. |
Since |
||||||||||||
inception |
||||||||||||
1 year | 3 years | 2/16/06 | ||||||||||
Columbia Income Builder
Fund II
Class A (excluding sales charge) |
+13.95% | +4.93% | +5.34% | |||||||||
Barclays Capital U.S. Aggregate Bond Index (unmanaged)
|
+5.06% | +5.36% | +5.91% | |||||||||
Russell
3000®
Value Index (unmanaged)
|
+22.09% | -1.91% | +0.88% | |||||||||
Citigroup
3-Month U.S.
Treasury Bill Index (unmanaged)
|
+0.14% | +0.60% | +2.25% | |||||||||
Blended Index (unmanaged)
|
+7.40% | +3.22% | +4.49% | |||||||||
at January 31, 2011 | ||||||||||||
Since |
||||||||||||
Without sales charge | 1 year | 3 years | inception | |||||||||
Class A (inception
2/16/06)
|
+13.95 | % | +4.93 | % | +5.34 | % | ||||||
Class B (inception
2/16/06)
|
+13.15 | % | +4.13 | % | +4.55 | % | ||||||
Class C (inception
2/16/06)
|
+13.17 | % | +4.13 | % | +4.58 | % | ||||||
Class R4 (inception
2/16/06)
|
+14.02 | % | +5.09 | % | +5.52 | % | ||||||
With sales charge
|
||||||||||||
Class A (inception
2/16/06)
|
+8.54 | % | +3.24 | % | +4.31 | % | ||||||
Class B (inception
2/16/06)
|
+8.15 | % | +3.20 | % | +4.21 | % | ||||||
Class C (inception
2/16/06)
|
+12.17 | % | +4.13 | % | +4.58 | % | ||||||
> | Columbia Income Builder Fund III (the Fund) Class A shares gained 14.84% (excluding sales charge) for the 12 months ended January 31, 2011. |
> | The Funds bond benchmark, the Barclays Capital U.S. Aggregate Bond Index, gained 5.06% during the same time frame. |
> | The Funds domestic equity benchmark, the Russell 3000® Value Index, rose 22.09% for the 12-month period. |
> | The Citigroup 3-Month U.S. Treasury Bill Index advanced 0.14% during the 12-month period. |
> | The Fund outperformed its Blended Index, composed of 72.5% Barclays Capital U.S. Aggregate Bond Index, 25% Russell 3000® Value Index and 2.5% Citigroup 3-Month U.S. Treasury Bill Index, which increased 7.55% for the same period. |
Since |
||||||||||||
inception |
||||||||||||
1 year | 3 years | 2/16/06 | ||||||||||
Columbia Income Builder
Fund III
Class A (excluding sales charge) |
+14.84% | +5.87% | +5.81% | |||||||||
Barclays Capital U.S. Aggregate Bond Index (unmanaged)
|
+5.06% | +5.36% | +5.91% | |||||||||
Russell
3000®
Value Index (unmanaged)
|
+22.09% | -1.91% | +0.88% | |||||||||
Citigroup
3-Month U.S.
Treasury Bill Index (unmanaged)
|
+0.14% | +0.60% | +2.25% | |||||||||
Blended Index (unmanaged)
|
+7.55% | +3.34% | +4.58% | |||||||||
at January 31, 2011 | ||||||||||||
Since |
||||||||||||
Without sales charge | 1 year | 3 years | inception | |||||||||
Class A (inception
2/16/06)
|
+14.84 | % | +5.87 | % | +5.81 | % | ||||||
Class B (inception
2/16/06)
|
+13.89 | % | +5.09 | % | +5.01 | % | ||||||
Class C (inception
2/16/06)
|
+13.92 | % | +5.06 | % | +5.02 | % | ||||||
Class R4 (inception
2/16/06)
|
+14.89 | % | +6.03 | % | +5.98 | % | ||||||
With sales charge
|
||||||||||||
Class A (inception
2/16/06)
|
+9.38 | % | +4.16 | % | +4.77 | % | ||||||
Class B (inception
2/16/06)
|
+8.89 | % | +4.18 | % | +4.67 | % | ||||||
Class C (inception
2/16/06)
|
+12.92 | % | +5.06 | % | +5.02 | % | ||||||
| Columbia Income Builder Fund rose 12.72%. The Funds Blended Index, composed of 65% Barclays Capital U.S. Aggregate Bond Index, 25% Russell 3000® Value Index and 10% Citigroup 3-Month U.S. Treasury Bill Index, gained 7.12% for the period. |
| Columbia Income Builder Fund II increased 13.95%. The Funds Blended Index, composed of 70% Barclays Capital U.S. Aggregate Bond Index, 25% Russell 3000® Value Index and 5% Citigroup 3-Month U.S. Treasury Bill Index, rose 7.40% for the period. |
| Columbia Income Builder Fund III gained 14.84%. The Funds Blended Index, composed of 72.5% Barclays Capital U.S. Aggregate Bond Index, 25% Russell 3000® Value Index and 2.5% Citigroup 3-Month U.S. Treasury Bill Index, increased 7.55% for the period. |
Colin Lundgren,
CFA® Senior Portfolio Manager |
Gene Tannuzzo,
CFA® Portfolio Manager |
Results at January 31, 2011 | ||||||||||||
Since |
||||||||||||
inception |
||||||||||||
1 year | 3 years | 2/16/06 | ||||||||||
Columbia Income Builder Fund (includes sales charge) |
||||||||||||
Class A Cumulative value of $10,000
|
$10,736 | $11,068 | $12,427 | |||||||||
Average annual total return
|
+7.36% | +3.44% | +4.48% | |||||||||
Barclays Capital U.S. Aggregate Bond
Index(1)
|
||||||||||||
Cumulative value of $10,000
|
$10,506 | $11,695 | $13,161 | |||||||||
Average annual total return
|
+5.06% | +5.36% | +5.91% | |||||||||
Russell 3000 Value
Index(2)
|
||||||||||||
Cumulative value of $10,000
|
$12,209 | $9,437 | $10,443 | |||||||||
Average annual total return
|
+22.09% | -1.91% | +0.88% | |||||||||
Citigroup
3-Month U.S.
Treasury Bill
Index(3)
|
||||||||||||
Cumulative value of $10,000
|
$10,014 | $10,181 | $11,166 | |||||||||
Average annual total return
|
+0.14% | +0.60% | +2.25% | |||||||||
Blended
Index(4)
|
||||||||||||
Cumulative value of $10,000
|
$10,712 | $10,920 | $12,318 | |||||||||
Average annual total return
|
+7.12% | +2.98% | +4.30% | |||||||||
(1) | The Barclays Capital U.S. Aggregate Bond Index, an unmanaged index, is made up of a representative list of government, corporate, asset-backed and mortgage-backed securities. The index is frequently used as a general measure of bond market performance. |
(2) | The Russell 3000 Value Index, an unmanaged index, measures the performance of those Russell 3000® Index companies with lower price-to-book ratios and lower forecasted growth values. |
(3) | The Citigroup 3-Month U.S. Treasury Bill Index, an unmanaged index, is representative of the performance of three-month Treasury bills. |
(4) | The Income Builder Fund Blended Index consists of 65% Barclays Capital U.S. Aggregate Bond Index, 25% Russell 3000 Value Index and 10% Citigroup 3-Month U.S. Treasury Bill Index. The Citigroup 3-Month U.S. Treasury Bill Index is shown in the table because it is a separate component of the Blended Index. |
Results at January 31, 2011 | ||||||||||||
Since |
||||||||||||
inception |
||||||||||||
1 year | 3 years | 2/16/06 | ||||||||||
Columbia Income Builder Fund II (includes sales charge) |
||||||||||||
Class A Cumulative value of $10,000
|
$10,854 | $11,004 | $12,324 | |||||||||
Average annual total return
|
+8.54% | +3.24% | +4.31% | |||||||||
Barclays Capital U.S. Aggregate Bond
Index(1)
|
||||||||||||
Cumulative value of $10,000
|
$10,506 | $11,695 | $13,161 | |||||||||
Average annual total return
|
+5.06% | +5.36% | +5.91% | |||||||||
Russell 3000 Value
Index(2)
|
||||||||||||
Cumulative value of $10,000
|
$12,209 | $9,437 | $10,443 | |||||||||
Average annual total return
|
+22.09% | -1.91% | +0.88% | |||||||||
Citigroup
3-Month U.S.
Treasury Bill
Index(3)
|
||||||||||||
Cumulative value of $10,000
|
$10,014 | $10,181 | $11,166 | |||||||||
Average annual total return
|
+0.14% | +0.60% | +2.25% | |||||||||
Blended
Index(4)
|
||||||||||||
Cumulative value of $10,000
|
$10,740 | $10,997 | $12,430 | |||||||||
Average annual total return
|
+7.40% | +3.22% | +4.49% | |||||||||
(1) | The Barclays Capital U.S. Aggregate Bond Index, an unmanaged index, is made up of a representative list of government, corporate, asset-backed and mortgage-backed securities. The index is frequently used as a general measure of bond market performance. |
(2) | The Russell 3000 Value Index, an unmanaged index, measures the performance of those Russell 3000® Index companies with lower price-to-book ratios and lower forecasted growth values. |
(3) | The Citigroup 3-Month U.S. Treasury Bill Index, an unmanaged index, is representative of the performance of three-month Treasury bills. |
(4) | The Income Builder Fund II Blended Index consists of 70% Barclays Capital U.S. Aggregate Bond Index, 25% Russell 3000 Value Index and 5% Citigroup 3-Month U.S. Treasury Bill Index. The Citigroup 3-Month U.S. Treasury Bill Index is shown in the table because it is a separate component of the Blended Index. |
Results at January 31, 2011 | ||||||||||||
Since |
||||||||||||
inception |
||||||||||||
1 year | 3 years | 2/16/06 | ||||||||||
Columbia Income Builder Fund III (includes sales charge) |
||||||||||||
Class A Cumulative value of $10,000
|
$10,938 | $11,301 | $12,600 | |||||||||
Average annual total return
|
+9.38% | +4.16% | +4.77% | |||||||||
Barclays Capital U.S. Aggregate Bond
Index(1)
|
||||||||||||
Cumulative value of $10,000
|
$10,506 | $11,695 | $13,161 | |||||||||
Average annual total return
|
+5.06% | +5.36% | +5.91% | |||||||||
Russell 3000 Value
Index(2)
|
||||||||||||
Cumulative value of $10,000
|
$12,209 | $9,437 | $10,443 | |||||||||
Average annual total return
|
+22.09% | -1.91% | +0.88% | |||||||||
Citigroup
3-Month U.S.
Treasury Bill
Index(3)
|
||||||||||||
Cumulative value of $10,000
|
$10,014 | $10,181 | $11,166 | |||||||||
Average annual total return
|
+0.14% | +0.60% | +2.25% | |||||||||
Blended
Index(4)
|
||||||||||||
Cumulative value of $10,000
|
$10,755 | $11,035 | $12,486 | |||||||||
Average annual total return
|
+7.55% | +3.34% | +4.58% | |||||||||
(1) | The Barclays Capital U.S. Aggregate Bond Index, an unmanaged index, is made up of a representative list of government, corporate, asset-backed and mortgage-backed securities. The index is frequently used as a general measure of bond market performance. |
(2) | The Russell 3000 Value Index, an unmanaged index, measures the performance of those Russell 3000® Index companies with lower price-to-book ratios and lower forecasted growth values. |
(3) | The Citigroup 3-Month U.S. Treasury Bill Index, an unmanaged index, is representative of the performance of three-month Treasury bills. |
(4) | The Income Builder Fund III Blended Index consists of 72.5% Barclays Capital U.S. Aggregate Bond Index, 25% Russell 3000 Value Index and 2.5% Citigroup 3-Month U.S. Treasury Bill Index. The Citigroup 3-Month U.S. Treasury Bill Index is shown in the table because it is a separate component of the Blended Index. |
% of
Funds |
% of Funds
portfolio assets |
|||||||
portfolio assets | 6 months ago | |||||||
Domestic Equity
Funds/International Equity Funds
|
||||||||
Includes large cap, international, mid cap, real estate,
small cap, small-mid cap
|
||||||||
Columbia Dividend Opportunity Fund
|
8.5 | % | 7.9 | % | ||||
Columbia Large Core Quantitative Fund
|
3.9 | 5.8 | ||||||
Columbia Large Value Quantitative Fund
|
4.6 | 4.4 | ||||||
RiverSource Disciplined International Equity Fund
|
2.0 | 0.1 | ||||||
RiverSource Disciplined Small Cap Value Fund
|
4.9 | 5.4 | ||||||
RiverSource Real Estate Fund
|
3.0 | 2.2 | ||||||
26.9 | % | 25.8 | % | |||||
Fixed-Income Funds
|
||||||||
Includes government, corporate, mortgage and agency
securities, floating rate, global, high yield, inflation
protected
|
||||||||
Columbia Diversified Bond Fund
|
15.4 | % | 14.0 | % | ||||
Columbia Emerging Markets Bond Fund
|
4.6 | 4.9 | ||||||
Columbia Floating Rate Fund
|
5.4 | 5.5 | ||||||
Columbia Global Bond Fund
|
2.0 | 1.0 | ||||||
Columbia High Yield Bond Fund
|
13.0 | 13.7 | ||||||
Columbia Income Opportunities Fund
|
| 1.3 | ||||||
Columbia Inflation Protected Securities Fund
|
7.3 | 9.1 | ||||||
Columbia Limited Duration Credit Fund
|
3.5 | | ||||||
Columbia U.S. Government Mortgage Fund
|
14.9 | 15.2 | ||||||
66.1 | % | 64.7 | % | |||||
Alternative
Investments
|
||||||||
Includes government, corporate, mortgage and agency
securities
|
||||||||
Columbia Absolute Return Currency and Income Fund
|
4.7 | % | 4.5 | % | ||||
Cash Equivalents
|
||||||||
Columbia Money Market Fund
|
2.3 | % | 5.0 | % | ||||
100.0 | % | 100.0 | % | |||||
Equity
Funds(1)
|
26.9 | % | ||
Fixed-Income
Funds(2)
|
66.1 | |||
Alternative
Investments(3)
|
4.7 | |||
Cash
Equivalents(4)
|
2.3 | |||
(1) | Includes Dividend Income 8.5%, U.S. Large Cap 8.5%, U.S. Small Cap 4.9%, Real Estate 3.0% and International 2.0%. | |
(2) | Includes Investment Grade 33.8%, High Yield 13.0%, Inflation Protected Securities 7.3%, Floating Rate 5.4%, Emerging Markets 4.6% and Global Bond 2.0%. | |
(3) | Comprised entirely of an investment in the Columbia Absolute Return Currency and Income Fund. | |
(4) | Comprised entirely of an investment in the Columbia Money Market Fund. |
Columbia Diversified Bond Fund
|
15.4 | % | ||
Columbia U.S. Government Mortgage Fund
|
14.9 | |||
Columbia High Yield Bond Fund
|
13.0 | |||
Columbia Dividend Opportunity Fund
|
8.5 | |||
Columbia Inflation Protected Securities Fund
|
7.3 | |||
% of
Funds |
% of Funds
portfolio assets |
|||||||
portfolio assets | 6 months ago | |||||||
Domestic Equity
Funds/International Equity Funds
|
||||||||
Includes large cap, international, mid cap, real estate,
small cap, small-mid cap
|
||||||||
Columbia Dividend Opportunity Fund
|
9.5 | % | 9.2 | % | ||||
Columbia Large Core Quantitative Fund
|
0.3 | 2.3 | ||||||
Columbia Large Value Quantitative Fund
|
4.1 | 3.0 | ||||||
RiverSource Disciplined International Equity Fund
|
3.0 | 2.8 | ||||||
RiverSource Disciplined Small Cap Value Fund
|
4.9 | 6.0 | ||||||
RiverSource Real Estate Fund
|
5.0 | 5.1 | ||||||
26.8 | % | 28.4 | % | |||||
Fixed-Income Funds
|
||||||||
Includes government, corporate, mortgage and agency
securities, floating rate, global, high yield, inflation
protected
|
||||||||
Columbia Diversified Bond Fund
|
14.9 | % | 14.3 | % | ||||
Columbia Emerging Markets Bond Fund
|
8.1 | 8.3 | ||||||
Columbia Floating Rate Fund
|
9.5 | 10.0 | ||||||
Columbia Global Bond Fund
|
3.0 | 1.2 | ||||||
Columbia High Yield Bond Fund
|
14.5 | 14.3 | ||||||
Columbia Income Opportunities Fund
|
1.0 | 3.2 | ||||||
Columbia Inflation Protected Securities Fund
|
5.4 | 4.8 | ||||||
Columbia Limited Duration Credit Fund
|
1.0 | | ||||||
Columbia U.S. Government Mortgage Fund
|
12.2 | 12.1 | ||||||
69.6 | % | 68.2 | % | |||||
Alternative
Investments
|
||||||||
Includes government, corporate, mortgage and agency
securities
|
||||||||
Columbia Absolute Return Currency and Income Fund
|
3.5 | % | 3.4 | % | ||||
Cash Equivalents
|
||||||||
Columbia Money Market Fund
|
0.1 | % | 0.0 | %* | ||||
100.0 | % | 100.0 | % | |||||
* | Rounds to less than 0.1% |
Equity
Funds(1)
|
26.8 | % | ||
Fixed-Income
Funds(2)
|
69.6 | |||
Alternative
Investments(3)
|
3.5 | |||
Cash
Equivalents(4)
|
0.1 | |||
(1) | Includes Dividend Income 9.5%, Real Estate 5.0%, U.S. Small Cap 4.9%, U.S. Large Cap 4.4% and International 3.0%. | |
(2) | Includes Investment Grade 28.1%, High Yield 15.5%, Floating Rate 9.5%, Emerging Markets 8.1%, Inflation Protected Securities 5.4% and Global Bond 3.0%. | |
(3) | Comprised entirely of an investment in the Columbia Absolute Return Currency and Income Fund. | |
(4) | Comprised entirely of an investment in the Columbia Money Market Fund. |
Columbia Diversified Bond Fund
|
14.9 | % | ||
Columbia High Yield Bond Fund
|
14.5 | |||
Columbia U.S. Government Mortgage Fund
|
12.2 | |||
Columbia Dividend Opportunity Fund
|
9.5 | |||
Columbia Floating Rate Fund
|
9.5 | |||
% of
Funds |
% of Funds
portfolio assets |
|||||||
portfolio assets | 6 months ago | |||||||
Domestic Equity
Funds/International Equity Funds
|
||||||||
Includes large cap, international, mid cap, real estate,
small cap, small-mid cap
|
||||||||
Columbia Dividend Opportunity Fund
|
8.3 | % | 8.1 | % | ||||
Columbia Large Core Quantitative Fund
|
0.1 | 1.6 | ||||||
Columbia Large Value Quantitative Fund
|
1.5 | 0.7 | ||||||
RiverSource Disciplined International Equity Fund
|
4.9 | 5.0 | ||||||
RiverSource Disciplined Small Cap Value Fund
|
4.9 | 7.0 | ||||||
RiverSource Real Estate Fund
|
7.0 | 8.0 | ||||||
26.7 | % | 30.4 | % | |||||
Fixed-Income Funds
|
||||||||
Includes government, corporate, mortgage and agency
securities, floating rate, global, high yield, inflation
protected
|
||||||||
Columbia Diversified Bond Fund
|
11.0 | % | 10.6 | % | ||||
Columbia Emerging Markets Bond Fund
|
10.1 | 10.3 | ||||||
Columbia Floating Rate Fund
|
11.8 | 11.8 | ||||||
Columbia Global Bond Fund
|
3.9 | 0.6 | ||||||
Columbia High Yield Bond Fund
|
18.6 | 18.3 | ||||||
Columbia Income Opportunities Fund
|
2.7 | 5.2 | ||||||
Columbia Inflation Protected Securities Fund
|
3.4 | 2.3 | ||||||
Columbia Limited Duration Credit Fund
|
0.8 | | ||||||
Columbia U.S. Government Mortgage Fund
|
8.9 | 8.5 | ||||||
71.2 | % | 67.6 | % | |||||
Alternative
Investments
|
||||||||
Includes government, corporate, mortgage and agency
securities
|
||||||||
Columbia Absolute Return Currency and Income Fund
|
2.0 | % | 1.9 | % | ||||
Cash Equivalents
|
||||||||
Columbia Money Market Fund
|
0.1 | % | 0.1 | % | ||||
100.0 | % | 100.0 | % | |||||
Equity
Funds(1)
|
26.7 | % | ||
Fixed-Income
Funds(2)
|
71.2 | |||
Alternative
Investments(3)
|
2.0 | |||
Cash
Equivalents(4)
|
0.1 | |||
(1) | Includes Dividend Income 8.3%, Real Estate 7.0%, International 4.9%, U.S. Small Cap 4.9% and U.S. Large Cap 1.6%. | |
(2) | Includes High Yield 21.3%, Investment Grade 20.7%, Floating Rate 11.8%, Emerging Markets 10.1%, Global Bond 3.9% and Inflation Protected Securities 3.4%. | |
(3) | Comprised entirely of an investment in the Columbia Absolute Return Currency and Income Fund. | |
(4) | Comprised entirely of an investment in the Columbia Money Market Fund. |
Columbia High Yield Bond Fund
|
18.6 | % | ||
Columbia Floating Rate Fund
|
11.8 | |||
Columbia Diversified Bond Fund
|
11.0 | |||
Columbia Emerging Markets Bond Fund
|
10.1 | |||
Columbia U.S. Government Mortgage Fund
|
8.9 | |||
Direct and |
||||||||||||||||
Direct |
indirect |
|||||||||||||||
Beginning |
Ending |
expenses |
expenses |
|||||||||||||
account value |
account value |
paid during |
paid during |
|||||||||||||
Aug. 1, 2010(a) | Jan. 31, 2011 | the period(b) | the period(c),(d) | |||||||||||||
Class A
|
||||||||||||||||
Actual(e)
|
$ | 1,000 | $ | 1,069.60 | $ | 2.41 | $ | 5.77 | ||||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,023.01 | $ | 2.36 | $ | 5.64 | ||||||||
Class B
|
||||||||||||||||
Actual(e)
|
$ | 1,000 | $ | 1,066.10 | $ | 6.39 | (f) | $ | 9.74 | (f) | ||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,019.16 | $ | 6.24 | (f) | $ | 9.52 | (f) | ||||||
Class C
|
||||||||||||||||
Actual(e)
|
$ | 1,000 | $ | 1,065.40 | $ | 6.33 | $ | 9.68 | ||||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,019.21 | $ | 6.19 | $ | 9.47 | ||||||||
Class R
|
||||||||||||||||
Actual(g)
|
$ | 1,000 | $ | 1,048.80 | $ | 2.23 | $ | 4.49 | ||||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,022.15 | $ | 3.23 | $ | 6.51 | ||||||||
Class R4
|
||||||||||||||||
Actual(e)
|
$ | 1,000 | $ | 1,069.50 | $ | 2.20 | (f) | $ | 5.56 | (f) | ||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,023.21 | $ | 2.15 | (f) | $ | 5.43 | (f) | ||||||
Class Z
|
||||||||||||||||
Actual(g)
|
$ | 1,000 | $ | 1,046.70 | $ | 0.71 | $ | 2.97 | ||||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,024.33 | $ | 1.03 | $ | 4.31 | ||||||||
Funds |
Acquired fund |
Total Fund and |
||||||||||
annualized |
(underlying
fund) |
acquired fund
fees |
||||||||||
expense ratio | fees and expenses(d) | and expenses | ||||||||||
Class A
|
.46% | .64% | 1.10% | |||||||||
Class B
|
1.22% | .64% | 1.86% | |||||||||
Class C
|
1.21% | .64% | 1.85% | |||||||||
Class R
|
.63% | .64% | 1.27% | |||||||||
Class R4
|
.42% | .64% | 1.06% | |||||||||
Class Z
|
.20% | .64% | .84% | |||||||||
(a) | The beginning account values for Classes R and Z are as of September 27, 2010 (when shares became available) for actual expense calculations. |
(b) | Expenses are equal to the annualized expense ratio for each class as indicated above, multiplied by the average account value over the period, multiplied by 185/365 (to reflect the one-half year period). Actual expenses for Classes R and Z are equal to the annualized expense ratio for each class as indicated above, multiplied by the average account value over the period, multiplied by 126/365 (to reflect the number of days in the period). |
(c) | Expenses are equal to the annualized expense ratio for each class as indicated above, plus the acquired fund (underlying fund) fees and expenses, multiplied by the average account value over the period, multiplied by 185/365 (to reflect the one-half year period). Actual expenses for Classes R and Z are equal to the annualized expense ratio for each class as indicated above, plus the acquired fund (underlying fund) fees and expenses multiplied by the average account value over the period, multiplied by 126/365 (to reflect the number of days in the period). |
(d) | Columbia Management Investment Advisers, LLC (the Investment Manager) and its affiliates have contractually agreed to waive fees and expenses for Class I shares on a number of underlying funds until at least the end of the underlying funds next fiscal year, unless sooner terminated at the sole discretion of the underlying funds Board. Before taking the fee waivers into account, the acquired fund (underlying fund) fees and expenses would have been 0.71% for all classes. Had these commitments not been in place for the entire six month period ended January 31, 2011, the actual direct and indirect expenses paid would have been $6.14 for Class A, $10.11 for Class B, $10.05 for Class C, $4.74 for Class R, $5.93 for Class R4 and |
$3.21 for Class Z; the hypothetical direct and indirect expenses paid would have been $6.00 for Class A, $9.88 for Class B, $9.82 for Class C, $6.87 for Class R, $5.79 for Class R4 and $4.67 for Class Z. |
(e) | Based on the actual return for the six months ended January 31, 2011: +6.96% for Class A, +6.61% for Class B, +6.54% for Class C and +6.95% for Class R4. |
(f) | The Investment Manager and its affiliates have contractually agreed to waive certain fees and to absorb certain expenses until March 31, 2012, unless sooner terminated at the sole discretion of the Funds Board, such that net expenses (excluding fees and expenses of acquired funds) will not exceed 1.20% for Class B and 0.43% for Class R4. Any amounts waived will not be reimbursed by the Fund. This change is effective April 1, 2011. If this change had been in place for the entire six month period ended January 31, 2011, the actual direct expenses paid would have been $6.28 for Class B and $2.26 for Class R4; the hypothetical direct expenses paid would have been $6.14 for Class B and $2.20 for Class R4. Additionally, had this change been in place for the entire six month period ended January 31, 2011, the actual direct and indirect expenses paid would have been $9.63 for Class B and $5.61 for Class R4; the hypothetical direct and indirect expenses paid would have been $9.42 for Class B and $5.49 for Class R4. |
(g) | Based on the actual return for the period from September 27, 2010 (when shares became available) to January 31, 2011: +4.88% for Class R and +4.67% for Class Z. |
Direct and |
||||||||||||||||
Direct |
indirect |
|||||||||||||||
Beginning |
Ending |
expenses |
expenses |
|||||||||||||
account value |
account value |
paid during |
paid during |
|||||||||||||
Aug. 1, 2010 | Jan. 31, 2011 | the period(a) | the period(b),(c) | |||||||||||||
Class A
|
||||||||||||||||
Actual(d)
|
$ | 1,000 | $ | 1,073.40 | $ | 2.21 | $ | 5.89 | ||||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,023.21 | $ | 2.15 | $ | 5.74 | ||||||||
Class B
|
||||||||||||||||
Actual(d)
|
$ | 1,000 | $ | 1,068.90 | $ | 6.13 | $ | 9.80 | ||||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,019.41 | $ | 5.99 | $ | 9.57 | ||||||||
Class C
|
||||||||||||||||
Actual(d)
|
$ | 1,000 | $ | 1,069.10 | $ | 6.14 | $ | 9.81 | ||||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,019.41 | $ | 5.99 | $ | 9.57 | ||||||||
Class R4
|
||||||||||||||||
Actual(d)
|
$ | 1,000 | $ | 1,072.70 | $ | 2.21 | (e) | $ | 5.88 | (e) | ||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,023.21 | $ | 2.15 | (e) | $ | 5.74 | (e) | ||||||
Funds |
Acquired fund |
Total Fund and |
||||||||||
annualized |
(underlying
fund) |
acquired fund
fees |
||||||||||
expense ratio | fees and expenses(c) | and expenses | ||||||||||
Class A
|
.42% | .70% | 1.12% | |||||||||
Class B
|
1.17% | .70% | 1.87% | |||||||||
Class C
|
1.17% | .70% | 1.87% | |||||||||
Class R4
|
.42% | .70% | 1.12% | |||||||||
(a) | Expenses are equal to the annualized expense ratio for each class as indicated above, multiplied by the average account value over the period, multiplied by 185/365 (to reflect the one-half year period). |
(b) | Expenses are equal to the annualized expense ratio for each class as indicated above, plus the acquired fund (underlying fund) fees and expenses, multiplied by the average account value over the period, multiplied by 185/365 (to reflect the one-half year period). |
(c) | The Investment Manager and its affiliates have contractually agreed to waive fees and expenses for Class I shares on a number of underlying funds until at least the end of the underlying funds next fiscal year, unless sooner terminated at the sole discretion of the underlying funds Board. Before taking the fee waivers into account, the acquired fund (underlying fund) fees and expenses would have been 0.75% for all classes. Had these commitments not been in place for the entire six month period ended January 31, 2011, the actual direct and indirect expenses paid would have been $6.15 for Class A, $10.07 for Class B, $10.07 for Class C and $6.15 for Class R4; the hypothetical direct and indirect expenses paid would have been $6.00 for Class A, $9.83 for Class B, $9.83 for Class C and $6.00 for Class R4. |
(d) | Based on the actual return for the six months ended January 31, 2011: +7.34% for Class A, +6.89% for Class B, +6.91% for Class C and +7.27% for Class R4. |
(e) | The Investment Manager and its affiliates have contractually agreed to waive certain fees and to absorb certain expenses until March 31, 2012, unless sooner terminated at the sole discretion of the Funds Board, such that net expenses (excluding fees and expenses of acquired funds) will not exceed 0.43% for Class R4. Any amounts waived will not be reimbursed by the Fund. This change is effective April 1, 2011. If this change had been in place for the entire six month period ended January 31, 2011, the actual direct expenses paid would have been $2.26; the hypothetical direct expenses paid would have been $2.20 for Class R4. Additionally, had this change been in place for the entire six month period ended January 31, 2011, the actual direct and indirect expenses paid would have been $5.94; the hypothetical direct and indirect expenses paid would have been $5.79 for Class R4. |
Direct and |
||||||||||||||||
Direct |
indirect |
|||||||||||||||
Beginning |
Ending |
expenses |
expenses |
|||||||||||||
account value |
account value |
paid during |
paid during |
|||||||||||||
Aug. 1, 2010 | Jan. 31, 2011 | the period(a) | the period(b),(c) | |||||||||||||
Class A
|
||||||||||||||||
Actual(d)
|
$ | 1,000 | $ | 1,077.40 | $ | 2.37 | $ | 6.21 | ||||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,023.06 | $ | 2.31 | $ | 6.05 | ||||||||
Class B
|
||||||||||||||||
Actual(d)
|
$ | 1,000 | $ | 1,073.90 | $ | 6.36 | (e) | $ | 10.20 | (e) | ||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,019.21 | $ | 6.19 | (e) | $ | 9.93 | (e) | ||||||
Class C
|
||||||||||||||||
Actual(d)
|
$ | 1,000 | $ | 1,073.10 | $ | 6.30 | $ | 10.14 | ||||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,019.26 | $ | 6.14 | $ | 9.88 | ||||||||
Class R4
|
||||||||||||||||
Actual(d)
|
$ | 1,000 | $ | 1,077.50 | $ | 2.21 | (e) | $ | 6.05 | (e) | ||||||
Hypothetical
(5% return before expenses) |
$ | 1,000 | $ | 1,023.21 | $ | 2.15 | (e) | $ | 5.90 | (e) | ||||||
Funds |
Acquired fund |
Total Fund and |
||||||||||
annualized |
(underlying
fund) |
acquired fund
fees |
||||||||||
expense ratio | fees and expenses(c) | and expenses | ||||||||||
Class A
|
.45% | .73% | 1.18% | |||||||||
Class B
|
1.21% | .73% | 1.94% | |||||||||
Class C
|
1.20% | .73% | 1.93% | |||||||||
Class R4
|
.42% | .73% | 1.15% | |||||||||
(a) | Expenses are equal to the annualized expense ratio for each class as indicated above, multiplied by the average account value over the period, multiplied by 185/365 (to reflect the one-half year period). |
(b) | Expenses are equal to the annualized expense ratio for each class as indicated above, plus the acquired fund (underlying fund) fees and expenses, multiplied by the average account value over the period, multiplied by 185/365 (to reflect the one-half year period). |
(c) | The Investment Manager and its affiliates have contractually agreed to waive fees and expenses for Class I shares on a number of underlying funds until at least the end of the underlying funds next fiscal year, unless sooner terminated at the sole discretion of the underlying funds Board. Before taking the fee waivers into account, the acquired fund (underlying fund) fees and expenses would have been 0.77% for all classes. Had these commitments not been in place for the entire six month period ended January 31, 2011, the actual direct and indirect expenses paid would have been $6.42 for Class A, $10.41 for Class B, $10.35 for Class C and $6.27 for Class R4; the hypothetical direct and indirect expenses paid would have been $6.52 for Class A, $10.13 for Class B, $10.08 for Class C and $6.10 for Class R4. |
(d) | Based on the actual return for the six months ended January 31, 2011: +7.74% for Class A, +7.39% for Class B, +7.31% for Class C and +7.75% for Class R4. |
(e) | The Investment Manager and its affiliates have contractually agreed to waive certain fees and to absorb certain expenses until March 31, 2012, unless sooner terminated at the sole discretion of the Funds Board, such that net expenses (excluding fees and expenses of acquired funds) will not exceed 1.20% for Class B and 0.43% for Class R4. Any amounts waived will not be reimbursed by the Fund. This change is effective April 1, 2011. If this change had been in place for the entire six month period ended January 31, 2011, the actual direct expenses paid would have been $6.28 for Class B and $2.26 for Class R4; the hypothetical direct expenses paid would have been $6.14 for Class B and $2.20 for Class R4. Additionally, had this change been in place for the entire six month period ended January 31, 2011, the actual direct and indirect expenses paid would have been $9.63 for Class B and $5.61 for Class R4; the hypothetical direct and indirect expenses paid would have been $9.42 for Class B and $5.49 for Class R4. |
Shares | Value | |||||
Equity
Funds (26.9%)
|
||||||
Dividend
Income (8.5%)
|
||||||
Columbia Dividend Opportunity Fund
|
2,525,111 | $19,897,878 | ||||
International (2.0%)
|
||||||
RiverSource Disciplined International Equity Fund
|
633,391 | 4,782,102 | ||||
Real
Estate (3.0%)
|
||||||
RiverSource Real Estate Fund
|
637,298 | 7,156,855 | ||||
U.S. Large
Cap (8.5%)
|
||||||
Columbia Large Core Quantitative Fund
|
1,628,296 | 9,053,325 | ||||
Columbia Large Value Quantitative Fund
|
1,401,709 | 10,919,312 | ||||
Total
|
19,972,637 | |||||
U.S. Small
Cap (4.9%)
|
||||||
RiverSource Disciplined Small Cap Value Fund
|
1,262,399 | 11,651,945 | ||||
Total Equity Funds
|
||||||
(Cost: $58,054,414) | $63,461,417 | |||||
Shares | Value | |||||
Fixed-Income
Funds (66.1%)
|
||||||
Emerging
Markets (4.6%)
|
||||||
Columbia Emerging Markets Bond Fund
|
986,255 | $10,927,711 | ||||
Floating
Rate (5.4%)
|
||||||
Columbia Floating Rate Fund
|
1,407,391 | 12,736,890 | ||||
Global
Bond (2.0%)
|
||||||
Columbia Global Bond Fund
|
640,307 | 4,571,790 | ||||
High
Yield (13.0%)
|
||||||
Columbia High Yield Bond Fund
|
10,818,193 | 30,615,486 | ||||
Inflation Protected
Securities (7.3%)
|
||||||
Columbia Inflation Protected Securities Fund
|
1,646,957 | 17,078,941 | ||||
Investment
Grade (33.8%)
|
||||||
Columbia Diversified Bond Fund
|
7,246,231 | 36,376,081 | ||||
Columbia Limited Duration Credit Fund
|
824,275 | 8,250,991 | ||||
Columbia U.S. Government Mortgage Fund
|
6,613,729 | 35,052,764 | ||||
Total
|
79,679,836 | |||||
Total Fixed-Income
Funds
|
||||||
(Cost: $142,685,254) | $155,610,654 | |||||
Shares | Value | |||||
Alternative
Investments (4.7%)
|
||||||
Columbia Absolute Return Currency and Income Fund(a)
|
1,091,284 | $11,076,527 | ||||
Total Alternative
Investments
|
||||||
(Cost: $10,907,463)
|
$11,076,527 | |||||
Cash
Equivalents (2.3%)
|
||||||
Money
Market (2.3%)
|
||||||
Columbia Money Market Fund, 0.008%
|
5,439,315 | $5,439,315 | ||||
Total Cash Equivalents
|
||||||
(Cost: $5,439,315)
|
$5,439,315 | |||||
Total Investments
|
||||||
(Cost: $217,086,446)
|
$235,587,913 | |||||
Other Assets and Liabilities,
Net
|
(24,229) | |||||
Net Assets
|
$235,563,684 | |||||
(a) | Non-income producing. |
| Level 1 Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date (to include NAV for open-end mutual funds). Valuation adjustments are not applied to Level 1 investments. | |
| Level 2 Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). | |
| Level 3 Valuations based on significant unobservable inputs (including the Funds own assumptions and judgment in determining the fair value of investments). |
Fair value at January 31, 2011 | ||||||||||||||||
Level 1 |
Level 2 |
|||||||||||||||
quoted prices |
other |
|||||||||||||||
in active |
significant |
Level 3 |
||||||||||||||
markets for |
observable |
significant |
||||||||||||||
Description | identical assets(a) | inputs | unobservable | Total | ||||||||||||
Investments in Affiliated Funds
|
$235,587,913 | $ | $ | $235,587,913 |
(a) | There were no significant transfers between Levels 1 and 2 during the period. |
Shares | Value | |||||||
Equity
Funds (26.8%)
|
||||||||
Dividend
Income (9.5%)
|
||||||||
Columbia Dividend Opportunity Fund
|
4,447,002 | $35,042,374 | ||||||
International (3.0%)
|
||||||||
RiverSource Disciplined International Equity Fund
|
1,450,380 | 10,950,368 | ||||||
Real Estate (5.0%)
|
||||||||
RiverSource Real Estate Fund
|
1,649,181 | 18,520,304 | ||||||
U.S. Large Cap (4.4%)
|
||||||||
Columbia Large Core Quantitative Fund
|
167,615 | 931,939 | ||||||
Columbia Large Value Quantitative Fund
|
1,944,242 | 15,145,648 | ||||||
Total
|
16,077,587 | |||||||
U.S. Small Cap (4.9%)
|
||||||||
RiverSource Disciplined Small Cap Value Fund
|
1,953,016 | 18,026,335 | ||||||
Total Equity Funds
|
||||||||
(Cost: $90,364,425)
|
$98,616,968 | |||||||
Shares | Value | |||||||
Fixed-Income
Funds (69.6%)
|
||||||||
Emerging
Markets (8.1%)
|
||||||||
Columbia Emerging Markets Bond Fund
|
2,696,706 | $29,879,506 | ||||||
Floating Rate (9.5%)
|
||||||||
Columbia Floating Rate Fund
|
3,856,840 | 34,904,402 | ||||||
Global Bond (3.0%)
|
||||||||
Columbia Global Bond Fund
|
1,520,538 | 10,856,639 | ||||||
High Yield (15.4%)
|
||||||||
Columbia High Yield Bond Fund
|
18,753,960 | 53,073,707 | ||||||
Columbia Income Opportunities Fund
|
362,475 | 3,512,381 | ||||||
Total
|
56,586,088 | |||||||
Inflation Protected Securities
(5.4%)
|
||||||||
Columbia Inflation Protected Securities Fund
|
1,907,775 | 19,783,626 | ||||||
Investment Grade
(28.2%)
|
||||||||
Columbia Diversified Bond Fund
|
10,929,087 | 54,864,018 | ||||||
Columbia Limited Duration Credit Fund
|
374,642 | 3,750,167 | ||||||
Columbia U.S. Government Mortgage Fund
|
8,467,064 | 44,875,438 | ||||||
Total
|
103,489,623 | |||||||
Total Fixed-Income
Funds
|
||||||||
(Cost: $234,683,463) | $255,499,884 | |||||||
Shares | Value | |||||||
Alternative
Investments (3.5%)
|
||||||||
Columbia Absolute Return Currency and Income Fund(a)
|
1,260,754 | $12,796,656 | ||||||
Total Alternative
Investments
|
||||||||
(Cost: $13,022,937) | $12,796,656 | |||||||
Cash
Equivalents (0.1%)
|
||||||||
Money
Market (0.1%)
|
||||||||
Columbia Money Market Fund, 0.008%
|
225,099 | 225,099 | ||||||
Total Cash Equivalents
|
||||||||
(Cost: $225,099)
|
$225,099 | |||||||
Total Investments
|
||||||||
(Cost: $338,295,924)
|
$367,138,607 | |||||||
Other Assets and Liabilities,
Net
|
(72,247 | ) | ||||||
Net Assets
|
$367,066,360 | |||||||
(a) | Non-income producing. |
| Level 1 Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date (to include NAV for open-end mutual funds). Valuation adjustments are not applied to Level 1 investments. |
| Level 2 Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). |
| Level 3 Valuations based on significant unobservable inputs (including the Funds own assumptions and judgment in determining the fair value of investments). |
Fair value at January 31, 2011 | ||||||||||||||||
Level 1 |
Level 2 |
|||||||||||||||
quoted prices |
other |
Level 3 |
||||||||||||||
in active |
significant |
significant |
||||||||||||||
markets for |
observable |
unobservable |
||||||||||||||
Description | identical assets(a) | inputs | inputs | Total | ||||||||||||
Investments in Affiliated Funds
|
$367,138,607 | $ | $ | $367,138,607 |
(a) | There were no significant transfers between Levels 1 and 2 during the period. |
Shares | Value | |||||
Equity
Funds (26.7%)
|
||||||
Dividend
Income (8.3%)
|
||||||
Columbia Dividend Opportunity Fund
|
2,001,547 | $ | 15,772,195 | |||
International (4.9%)
|
||||||
RiverSource Disciplined International Equity Fund
|
1,243,659 | 9,389,623 | ||||
Real
Estate (7.0%)
|
||||||
RiverSource Real Estate Fund
|
1,178,226 | 13,231,475 | ||||
U.S. Large
Cap (1.6%)
|
||||||
Columbia Large Core Quantitative Fund
|
36,090 | 200,657 | ||||
Columbia Large Value Quantitative Fund
|
363,464 | 2,831,387 | ||||
Total
|
3,032,044 | |||||
U.S. Small
Cap (4.9%)
|
||||||
RiverSource Disciplined Small Cap Value Fund
|
1,009,504 | 9,317,726 | ||||
Total Equity Funds
|
||||||
(Cost: $44,153,953)
|
$ | 50,743,063 | ||||
Shares | Value | |||||
Fixed-Income
Funds (71.2%)
|
||||||
Emerging
Markets (10.1%)
|
||||||
Columbia Emerging Markets Bond Fund
|
1,733,849 | $ | 19,211,047 | |||
Floating
Rate (11.8%)
|
||||||
Columbia Floating Rate Fund
|
2,477,935 | 22,425,313 | ||||
Global
Bond (3.9%)
|
||||||
Columbia Global Bond Fund
|
1,034,214 | 7,384,286 | ||||
High
Yield (21.3%)
|
||||||
Columbia High Yield Bond Fund
|
12,429,507 | 35,175,506 | ||||
Columbia Income Opportunities Fund
|
534,630 | 5,180,561 | ||||
Total
|
40,356,067 | |||||
Inflation Protected
Securities (3.4%)
|
||||||
Columbia Inflation Protected Securities Fund
|
622,256 | 6,452,794 | ||||
Investment
Grade (20.7%)
|
||||||
Columbia Diversified Bond Fund
|
4,156,342 | 20,864,839 | ||||
Columbia Limited Duration Credit Fund
|
143,921 | 1,440,646 | ||||
Columbia U.S. Government Mortgage Fund
|
3,194,781 | 16,932,338 | ||||
Total
|
39,237,823 | |||||
Total Fixed-Income
Funds
|
||||||
(Cost: $124,178,160)
|
$ | 135,067,330 | ||||
Shares | Value | |||||
Alternative
Investments (2.0%)
|
||||||
Columbia Absolute Return Currency and Income Fund(a)
|
371,991 | $ | 3,775,707 | |||
Total Alternative
Investments
|
||||||
(Cost: $3,776,040)
|
$ | 3,775,707 | ||||
Cash
Equivalents (0.1%)
|
||||||
Money
Market (0.1%)
|
||||||
Columbia Money Market Fund, 0.008%
|
190,709 | $ | 190,709 | |||
Total Cash Equivalents
|
||||||
(Cost: $190,709)
|
$ | 190,709 | ||||
Total Investments
|
||||||
(Cost: $172,298,862)
|
$ | 189,776,809 | ||||
Other Assets and Liabilities,
Net
|
492 | |||||
Net Assets
|
$ | 189,777,301 | ||||
(a) | Non-income producing. |
| Level 1 Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date (to include NAV for open-end mutual funds). Valuation adjustments are not applied to Level 1 investments. | |
| Level 2 Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). | |
| Level 3 Valuations based on significant unobservable inputs (including the Funds own assumptions and judgment in determining the fair value of investments). |
Fair value at January 31, 2011 | ||||||||||||||||
Level 1 |
Level 2 |
|||||||||||||||
quoted prices |
other |
Level 3 |
||||||||||||||
in active |
significant |
significant |
||||||||||||||
markets for |
observable |
unobservable |
||||||||||||||
Description | identical assets(a) | inputs | inputs | Total | ||||||||||||
Investments in Affiliated Funds
|
$189,776,809 | $ | $ | $189,776,809 |
(a) | There were no significant transfers between Levels 1 and 2 during the period. |
Columbia |
Columbia |
Columbia |
||||||||||
Income Builder |
Income Builder |
Income Builder |
||||||||||
January 31, 2011 | Fund | Fund II | Fund III | |||||||||
Assets
|
||||||||||||
Investments in affiliated funds, at value
(identified cost $217,086,446, $338,295,924 and $172,298,862) |
$ | 235,587,913 | $ | 367,138,607 | $ | 189,776,809 | ||||||
Receivable for:
|
||||||||||||
Capital shares sold
|
499,423 | 216,054 | 448,002 | |||||||||
Affiliated investments sold
|
| 174,511 | | |||||||||
Dividends from affiliated funds
|
500,313 | 850,556 | 473,244 | |||||||||
Total assets
|
236,587,649 | 368,379,728 | 190,698,055 | |||||||||
Liabilities
|
||||||||||||
Payable for:
|
||||||||||||
Affiliated investments purchased
|
556,115 | 850,556 | 703,781 | |||||||||
Capital shares purchased
|
409,671 | 382,098 | 160,393 | |||||||||
Distribution fees
|
7,058 | 10,176 | 5,302 | |||||||||
Transfer agent fees
|
7,008 | 13,041 | 6,693 | |||||||||
Administration fees
|
387 | 604 | 311 | |||||||||
Plan administration fees
|
| | 1 | |||||||||
Other expenses
|
43,726 | 56,893 | 44,273 | |||||||||
Total liabilities
|
1,023,965 | 1,313,368 | 920,754 | |||||||||
Net assets applicable to outstanding capital stock
|
$ | 235,563,684 | $ | 367,066,360 | $ | 189,777,301 | ||||||
Represented
by
|
||||||||||||
Paid-in capital
|
$ | 243,421,711 | $ | 412,290,635 | $ | 213,427,039 | ||||||
Undistributed net investment income
|
| 66,788 | 48,997 | |||||||||
Accumulated net realized loss
|
(26,359,494 | ) | (74,133,746 | ) | (41,176,682 | ) | ||||||
Unrealized appreciation (depreciation) on:
|
||||||||||||
Affiliated investments
|
18,501,467 | 28,842,683 | 17,477,947 | |||||||||
Total representing net assets applicable to
outstanding capital stock
|
$ | 235,563,684 | $ | 367,066,360 | $ | 189,777,301 | ||||||
Net assets
|
||||||||||||
Class A
|
$ | 199,434,485 | $ | 324,301,402 | $ | 166,705,927 | ||||||
Class B
|
$ | 18,295,395 | $ | 25,864,973 | $ | 13,253,908 | ||||||
Class C
|
$ | 17,731,776 | $ | 16,889,657 | $ | 9,776,316 | ||||||
Class R
|
$ | 2,582 | $ | | $ | | ||||||
Class R4
|
$ | 10,592 | $ | 10,328 | $ | 41,150 | ||||||
Class Z
|
$ | 88,854 | $ | | $ | | ||||||
Shares outstanding
|
||||||||||||
Class A
|
18,847,124 | 31,423,977 | 16,120,910 | |||||||||
Class B
|
1,723,326 | 2,499,715 | 1,276,718 | |||||||||
Class C
|
1,670,906 | 1,632,045 | 942,360 | |||||||||
Class R
|
243 | | | |||||||||
Class R4
|
1,000 | 1,000 | 3,983 | |||||||||
Class Z
|
8,393 | | | |||||||||
Net asset value per share
|
||||||||||||
Class A(a)
|
$ | 10.58 | $ | 10.32 | $ | 10.34 | ||||||
Class B
|
$ | 10.62 | $ | 10.35 | $ | 10.38 | ||||||
Class C
|
$ | 10.61 | $ | 10.35 | $ | 10.37 | ||||||
Class R
|
$ | 10.63 | $ | | $ | | ||||||
Class R4
|
$ | 10.59 | $ | 10.33 | $ | 10.33 | ||||||
Class Z
|
$ | 10.59 | $ | | $ | | ||||||
(a) | The maximum offering price per share for Class A for Columbia Income Builder Fund, Columbia Income Builder Fund II and Columbia Income Builder Fund III is $11.11, $10.83 and $10.86, respectively. The offering price is calculated by dividing the net asset value by 1.0 minus the maximum sales charge of 4.75%. |
Columbia |
Columbia |
Columbia |
||||||||||
Income Builder |
Income Builder |
Income Builder |
||||||||||
Year ended January 31, 2011 | Fund | Fund II | Fund III | |||||||||
Net investment
income
|
||||||||||||
Income:
|
||||||||||||
Dividend distributions from underlying affiliated funds
|
$ | 8,904,613 | $ | 16,852,869 | $ | 9,305,294 | ||||||
Expenses:
|
||||||||||||
Distribution fees
|
||||||||||||
Class A
|
485,589 | 829,057 | 417,410 | |||||||||
Class B
|
218,005 | 305,744 | 149,835 | |||||||||
Class C
|
145,913 | 159,816 | 91,556 | |||||||||
Class R
|
5 | | | |||||||||
Transfer agent fees
|
||||||||||||
Class A
|
196,492 | 336,381 | 177,013 | |||||||||
Class B
|
23,343 | 32,783 | 16,693 | |||||||||
Class C
|
14,760 | 16,401 | 9,839 | |||||||||
Class R4
|
7 | 18 | 33 | |||||||||
Class Z
|
3 | | | |||||||||
Administration fees
|
46,129 | 75,639 | 38,228 | |||||||||
Plan administration fees
|
||||||||||||
Class R4
|
26 | 43 | 97 | |||||||||
Custodian fees
|
12,390 | 13,190 | 12,190 | |||||||||
Printing and postage fees
|
26,913 | 35,050 | 26,360 | |||||||||
Registration fees
|
96,028 | 78,824 | 73,971 | |||||||||
Professional fees
|
22,270 | 22,555 | 21,880 | |||||||||
Other
|
2,504 | 2,645 | 2,120 | |||||||||
Total expenses
|
1,290,377 | 1,908,146 | 1,037,225 | |||||||||
Fees waived or expenses reimbursed by Investment Manager and its
affiliates
|
(19 | ) | | (3 | ) | |||||||
Total net expenses
|
1,290,358 | 1,908,146 | 1,037,222 | |||||||||
Net investment income
|
7,614,255 | 14,944,723 | 8,268,072 | |||||||||
Realized and
unrealized gain (loss) net
|
||||||||||||
Net realized gain (loss) on:
|
||||||||||||
Sales of underlying affiliated funds
|
(1,131,401 | ) | (4,861,957 | ) | 2,454,583 | |||||||
Capital gain distributions from underlying affiliated funds
|
1,746,482 | 2,210,843 | 631,489 | |||||||||
Net realized gain (loss)
|
615,081 | (2,651,114 | ) | 3,086,072 | ||||||||
Net change in unrealized appreciation (depreciation) on:
|
||||||||||||
Investments affiliated issuers
|
19,012,960 | 36,750,731 | 14,739,935 | |||||||||
Net change in unrealized appreciation
|
19,012,960 | 36,750,731 | 14,739,935 | |||||||||
Net realized and unrealized gain
|
19,628,041 | 34,099,617 | 17,826,007 | |||||||||
Net increase in net assets resulting from operations
|
$ | 27,242,296 | $ | 49,044,340 | $ | 26,094,079 | ||||||
Columbia Income Builder Fund | Columbia Income Builder Fund II | |||||||||||||||
Year ended January 31, | 2011 | 2010 | 2011 | 2010 | ||||||||||||
Operations
|
||||||||||||||||
Net investment income
|
$ | 7,614,255 | $ | 8,464,566 | $ | 14,944,723 | $ | 16,433,645 | ||||||||
Net realized gain (loss)
|
615,081 | (13,417,367 | ) | (2,651,114 | ) | (43,015,775 | ) | |||||||||
Net change in unrealized appreciation
|
19,012,960 | 51,922,788 | 36,750,731 | 116,033,159 | ||||||||||||
Net increase in net assets resulting from operations
|
27,242,296 | 46,969,987 | 49,044,340 | 89,451,029 | ||||||||||||
Distributions
to shareholders from:
|
||||||||||||||||
Net investment income
|
||||||||||||||||
Class A
|
(7,534,322 | ) | (7,713,954 | ) | (14,662,359 | ) | (15,063,360 | ) | ||||||||
Class B
|
(652,323 | ) | (773,278 | ) | (1,091,964 | ) | (1,241,698 | ) | ||||||||
Class C
|
(467,629 | ) | (317,777 | ) | (588,769 | ) | (486,863 | ) | ||||||||
Class R
|
(39 | ) | | | | |||||||||||
Class R4
|
(402 | ) | (385 | ) | (737 | ) | (771 | ) | ||||||||
Class Z
|
(195 | ) | | | | |||||||||||
Tax return of capital
|
||||||||||||||||
Class A
|
(4,312 | ) | | | | |||||||||||
Class B
|
(373 | ) | | | | |||||||||||
Class C
|
(268 | ) | ||||||||||||||
Total distributions to shareholders
|
(8,659,863 | ) | (8,805,394 | ) | (16,343,829 | ) | (16,792,692 | ) | ||||||||
Decrease in net assets from capital share transactions
|
(11,985,452 | ) | (33,398,121 | ) | (52,976,842 | ) | (79,202,738 | ) | ||||||||
Total increase (decrease) in net assets
|
6,596,981 | 4,766,472 | (20,276,331 | ) | (6,544,401 | ) | ||||||||||
Net assets at beginning of year
|
228,966,703 | 224,200,231 | 387,342,691 | 393,887,092 | ||||||||||||
Net assets at end of year
|
$ | 235,563,684 | $ | 228,966,703 | $ | 367,066,360 | $ | 387,342,691 | ||||||||
Undistributed net investment income
|
$ | | $ | 136,949 | $ | 66,788 | $ | 247,531 | ||||||||
Columbia Income Builder Fund III | ||||||||
Year ended January 31, | 2011 | 2010 | ||||||
Operations
|
||||||||
Net investment income
|
$ | 8,268,072 | $ | 8,662,471 | ||||
Net realized gain (loss)
|
3,086,072 | (26,374,168 | ) | |||||
Net change in unrealized appreciation
|
14,739,935 | 68,509,429 | ||||||
Net increase in net assets resulting from operations
|
26,094,079 | 50,797,732 | ||||||
Distributions
to shareholders from:
|
||||||||
Net investment income
|
||||||||
Class A
|
(7,818,786 | ) | (7,796,156 | ) | ||||
Class B
|
(575,972 | ) | (619,198 | ) | ||||
Class C
|
(360,241 | ) | (287,961 | ) | ||||
Class R4
|
(1,846 | ) | (2,523 | ) | ||||
Total distributions to shareholders
|
(8,756,845 | ) | (8,705,838 | ) | ||||
Decrease in net assets from capital share transactions
|
(22,792,515 | ) | (38,032,398 | ) | ||||
Total increase (decrease) in net assets
|
(5,455,281 | ) | 4,059,496 | |||||
Net assets at beginning of year
|
195,232,582 | 191,173,086 | ||||||
Net assets at end of year
|
$ | 189,777,301 | $ | 195,232,582 | ||||
Undistributed net investment income
|
$ | 48,997 | $ | 130,491 | ||||
Columbia Income Builder Fund | ||||||||||||||||
2011 | 2010 | |||||||||||||||
Year
ended January 31, |
Shares | Dollars ($) | Shares | Dollars ($) | ||||||||||||
Capital stock
activity
|
||||||||||||||||
Class A shares
|
||||||||||||||||
Subscriptions
|
3,186,803 | 32,693,920 | 2,754,458 | 24,900,934 | ||||||||||||
Conversions from Class B
|
391,455 | 3,961,521 | 299,644 | 2,765,708 | ||||||||||||
Distributions reinvested
|
605,798 | 6,187,163 | 741,096 | 6,825,618 | ||||||||||||
Redemptions
|
(4,967,802 | ) | (50,691,904 | ) | (6,841,796 | ) | (61,399,560 | ) | ||||||||
Net decrease
|
(783,746 | ) | (7,849,300 | ) | (3,046,598 | ) | (26,907,300 | ) | ||||||||
Class B shares
|
||||||||||||||||
Subscriptions
|
335,347 | 3,403,105 | 683,131 | 6,030,159 | ||||||||||||
Distributions reinvested
|
55,242 | 565,004 | 74,820 | 682,683 | ||||||||||||
Conversions to Class A
|
(390,297 | ) | (3,961,521 | ) | (299,969 | ) | (2,765,708 | ) | ||||||||
Redemptions
|
(824,816 | ) | (8,401,050 | ) | (1,305,017 | ) | (11,823,067 | ) | ||||||||
Net decrease
|
(824,524 | ) | (8,394,462 | ) | (847,035 | ) | (7,875,933 | ) | ||||||||
Class C shares
|
||||||||||||||||
Subscriptions
|
603,118 | 6,213,417 | 367,769 | 3,423,381 | ||||||||||||
Distributions reinvested
|
34,490 | 354,194 | 25,887 | 239,155 | ||||||||||||
Redemptions
|
(234,253 | ) | (2,399,895 | ) | (252,826 | ) | (2,277,424 | ) | ||||||||
Net increase (decrease)
|
403,355 | 4,167,716 | 140,830 | 1,385,112 | ||||||||||||
Class R shares
|
||||||||||||||||
Subscriptions
|
243 | 2,500 | | | ||||||||||||
Net increase
|
243 | 2,500 | | | ||||||||||||
Class Z shares
|
||||||||||||||||
Subscriptions
|
8,379 | 87,942 | | | ||||||||||||
Distributions reinvested
|
14 | 152 | | | ||||||||||||
Net increase
|
8,393 | 88,094 | | | ||||||||||||
Total net decrease
|
(1,196,279 | ) | (11,985,452 | ) | (3,752,803 | ) | (33,398,121 | ) | ||||||||
Columbia Income Builder Fund II | ||||||||||||||||
2011 | 2010 | |||||||||||||||
Year
ended January 31, |
Shares | Dollars ($) | Shares | Dollars ($) | ||||||||||||
Capital stock
activity
|
||||||||||||||||
Class A shares
|
||||||||||||||||
Subscriptions
|
3,389,023 | 33,621,405 | 3,769,528 | 32,886,470 | ||||||||||||
Conversions from Class B
|
604,875 | 5,964,068 | 555,189 | 4,946,814 | ||||||||||||
Distributions reinvested
|
1,155,303 | 11,472,289 | 1,499,406 | 13,255,837 | ||||||||||||
Redemptions
|
(9,293,195 | ) | (92,102,267 | ) | (13,394,104 | ) | (115,680,570 | ) | ||||||||
Net decrease
|
(4,143,994 | ) | (41,044,505 | ) | (7,569,981 | ) | (64,591,449 | ) | ||||||||
Class B shares
|
||||||||||||||||
Subscriptions
|
323,708 | 3,195,912 | 683,591 | 5,839,955 | ||||||||||||
Distributions reinvested
|
97,411 | 968,571 | 127,073 | 1,109,679 | ||||||||||||
Conversions from Class A
|
(603,040 | ) | (5,964,068 | ) | (556,438 | ) | (4,946,814 | ) | ||||||||
Redemptions
|
(1,019,498 | ) | (10,113,417 | ) | (1,783,256 | ) | (15,418,072 | ) | ||||||||
Net decrease
|
(1,201,419 | ) | (11,913,002 | ) | (1,529,030 | ) | (13,415,252 | ) | ||||||||
Class C shares
|
||||||||||||||||
Subscriptions
|
325,621 | 3,263,702 | 330,759 | 2,912,506 | ||||||||||||
Distributions reinvested
|
45,037 | 449,142 | 41,283 | 364,249 | ||||||||||||
Redemptions
|
(375,476 | ) | (3,722,608 | ) | (520,106 | ) | (4,473,158 | ) | ||||||||
Net increase (decrease)
|
(4,818 | ) | (9,764 | ) | (148,064 | ) | (1,196,403 | ) | ||||||||
Class R4 shares
|
||||||||||||||||
Distributions reinvested
|
30 | 296 | 41 | 366 | ||||||||||||
Redemptions
|
(956 | ) | (9,867 | ) | | | ||||||||||
Net increase (decrease)
|
(926 | ) | (9,571 | ) | 41 | 366 | ||||||||||
Total net decrease
|
(5,351,157 | ) | (52,976,842 | ) | (9,247,034 | ) | (79,202,738 | ) | ||||||||
Columbia Income Builder Fund III | ||||||||||||||||
2011 | 2010 | |||||||||||||||
Year
ended January 31, |
Shares | Dollars ($) | Shares | Dollars ($) | ||||||||||||
Capital stock
activity
|
||||||||||||||||
Class A shares
|
||||||||||||||||
Subscriptions
|
2,150,659 | 21,419,863 | 2,297,606 | 19,921,381 | ||||||||||||
Conversions from Class B
|
255,537 | 2,517,036 | 269,359 | 2,375,846 | ||||||||||||
Distributions reinvested
|
588,679 | 5,828,278 | 762,253 | 6,628,674 | ||||||||||||
Redemptions
|
(4,807,960 | ) | (47,550,796 | ) | (6,994,007 | ) | (59,858,797 | ) | ||||||||
Net decrease
|
(1,813,085 | ) | (17,785,619 | ) | (3,664,789 | ) | (30,932,896 | ) | ||||||||
Class B shares
|
||||||||||||||||
Subscriptions
|
170,363 | 1,692,064 | 308,464 | 2,583,082 | ||||||||||||
Distributions reinvested
|
50,310 | 499,236 | 62,822 | 539,495 | ||||||||||||
Conversions to Class A
|
(254,761 | ) | (2,517,036 | ) | (269,359 | ) | (2,375,846 | ) | ||||||||
Redemptions
|
(493,097 | ) | (4,867,689 | ) | (801,280 | ) | (6,750,775 | ) | ||||||||
Net decrease
|
(527,185 | ) | (5,193,425 | ) | (699,353 | ) | (6,004,044 | ) | ||||||||
Class C shares
|
||||||||||||||||
Subscriptions
|
254,435 | 2,552,918 | 143,614 | 1,247,491 | ||||||||||||
Distributions reinvested
|
30,523 | 303,471 | 27,813 | 240,724 | ||||||||||||
Redemptions
|
(267,750 | ) | (2,671,234 | ) | (297,757 | ) | (2,506,227 | ) | ||||||||
Net increase (decrease)
|
17,208 | 185,155 | (126,330 | ) | (1,018,012 | ) | ||||||||||
Class R4 shares
|
||||||||||||||||
Subscriptions
|
| | 2,553 | 21,031 | ||||||||||||
Distributions reinvested
|
139 | 1,374 | 253 | 2,110 | ||||||||||||
Redemptions
|
| | (12,632 | ) | (100,587 | ) | ||||||||||
Net increase (decrease)
|
139 | 1,374 | (9,826 | ) | (77,446 | ) | ||||||||||
Total net decrease
|
(2,322,923 | ) | (22,792,515 | ) | (4,500,298 | ) | (38,032,398 | ) | ||||||||
Year ended |
||||||||||||||||||||
Year ended January 31, |
May 31, |
|||||||||||||||||||
2011 | 2010 | 2009 | 2008(a) | 2007 | ||||||||||||||||
Class A
|
||||||||||||||||||||
Per share
data
|
||||||||||||||||||||
Net asset value, beginning of period
|
$9.76 | $8.24 | $10.27 | $10.79 | $9.98 | |||||||||||||||
Income from investment operations:
|
||||||||||||||||||||
Net investment income
|
.35 | .35 | .38 | .30 | .42 | |||||||||||||||
Net realized and unrealized gain (loss) on investments
|
.87 | 1.55 | (2.03 | ) | (.39 | ) | .84 | |||||||||||||
Total from investment operations
|
1.22 | 1.90 | (1.65 | ) | (.09 | ) | 1.26 | |||||||||||||
Less distributions to shareholders from:
|
||||||||||||||||||||
Net investment income
|
(.40 | ) | (.38 | ) | (.38 | ) | (.36 | ) | (.45 | ) | ||||||||||
Net realized gains
|
| | | (.07 | ) | | ||||||||||||||
Tax return of capital
|
(.00 | )(b) | | | | | ||||||||||||||
Total distributions to shareholders
|
(.40 | ) | (.38 | ) | (.38 | ) | (.43 | ) | (.45 | ) | ||||||||||
Net asset value, end of period
|
$10.58 | $9.76 | $8.24 | $10.27 | $10.79 | |||||||||||||||
Total
return
|
12.72% | 23.35% | (16.43% | ) | (0.84% | ) | 12.89% | |||||||||||||
Ratios to
average net
assets(c)
|
||||||||||||||||||||
Expenses prior to fees waived or expenses reimbursed
|
0.44% | 0.42% | 0.41% | 0.40% | (d) | 0.46% | ||||||||||||||
Net expenses after fees waived or expenses
reimbursed(e)
|
0.44% | 0.42% | 0.41% | 0.40% | (d) | 0.45% | ||||||||||||||
Net investment income
|
3.42% | 3.87% | 3.75% | 4.26% | (d) | 4.02% | ||||||||||||||
Supplemental
data
|
||||||||||||||||||||
Net assets, end of period (in thousands)
|
$199,434 | $191,609 | $186,971 | $260,429 | $197,480 | |||||||||||||||
Portfolio turnover
|
28% | 41% | 39% | 19% | 27% | |||||||||||||||
Year ended |
||||||||||||||||||||
Year ended January 31, |
May 31, |
|||||||||||||||||||
2011 | 2010 | 2009 | 2008(a) | 2007 | ||||||||||||||||
Class B
|
||||||||||||||||||||
Per share
data
|
||||||||||||||||||||
Net asset value, beginning of period
|
$9.79 | $8.23 | $10.25 | $10.77 | $9.97 | |||||||||||||||
Income from investment operations:
|
||||||||||||||||||||
Net investment income
|
.27 | .28 | .31 | .25 | .35 | |||||||||||||||
Net realized and unrealized gain (loss) on investments
|
.88 | 1.54 | (2.02 | ) | (.39 | ) | .83 | |||||||||||||
Total from investment operations
|
1.15 | 1.82 | (1.71 | ) | (.14 | ) | 1.18 | |||||||||||||
Less distributions to shareholders from:
|
||||||||||||||||||||
Net investment income
|
(.32 | ) | (.26 | ) | (.31 | ) | (.31 | ) | (.38 | ) | ||||||||||
Net realized gains
|
| | | (.07 | ) | | ||||||||||||||
Tax return of capital
|
(.00 | )(b) | | | | | ||||||||||||||
Total distributions to shareholders
|
(.32 | ) | (.26 | ) | (.31 | ) | (.38 | ) | (.38 | ) | ||||||||||
Net asset value, end of period
|
$10.62 | $9.79 | $8.23 | $10.25 | $10.77 | |||||||||||||||
Total
return
|
11.91% | 22.38% | (17.00% | ) | (1.34% | ) | 12.01% | |||||||||||||
Ratios to
average net
assets(c)
|
||||||||||||||||||||
Expenses prior to fees waived or expenses reimbursed
|
1.19% | 1.18% | 1.16% | 1.15% | (d) | 1.22% | ||||||||||||||
Net expenses after fees waived or expenses
reimbursed(e)
|
1.19% | 1.18% | 1.16% | 1.15% | (d) | 1.21% | ||||||||||||||
Net investment income
|
2.61% | 3.06% | 2.96% | 3.50% | (d) | 3.27% | ||||||||||||||
Supplemental
data
|
||||||||||||||||||||
Net assets, end of period (in thousands)
|
$18,295 | $24,940 | $27,939 | $42,118 | $33,369 | |||||||||||||||
Portfolio turnover
|
28% | 41% | 39% | 19% | 27% | |||||||||||||||
Year ended |
||||||||||||||||||||
Year ended January 31, |
May 31, |
|||||||||||||||||||
2011 | 2010 | 2009 | 2008(a) | 2007 | ||||||||||||||||
Class C
|
||||||||||||||||||||
Per share
data
|
||||||||||||||||||||
Net asset value, beginning of period
|
$9.79 | $8.24 | $10.26 | $10.78 | $9.99 | |||||||||||||||
Income from investment operations:
|
||||||||||||||||||||
Net investment income
|
.28 | .29 | .31 | .25 | .35 | |||||||||||||||
Net realized and unrealized gain (loss) on investments
|
.86 | 1.53 | (2.02 | ) | (.39 | ) | .82 | |||||||||||||
Total from investment operations
|
1.14 | 1.82 | (1.71 | ) | (.14 | ) | 1.17 | |||||||||||||
Less distributions to shareholders from:
|
||||||||||||||||||||
Net investment income
|
(.32 | ) | (.27 | ) | (.31 | ) | (.31 | ) | (.38 | ) | ||||||||||
Net realized gains
|
| | | (.07 | ) | | ||||||||||||||
Tax return of capital
|
(.00 | )(b) | | | | | ||||||||||||||
Total distributions to shareholders
|
(.32 | ) | (.27 | ) | (.31 | ) | (.38 | ) | (.38 | ) | ||||||||||
Net asset value, end of period
|
$10.61 | $9.79 | $8.24 | $10.26 | $10.78 | |||||||||||||||
Total
return
|
11.84% | 22.35% | (16.97% | ) | (1.33% | ) | 11.91% | |||||||||||||
Ratios to
average net
assets(c)
|
||||||||||||||||||||
Expenses prior to fees waived or expenses reimbursed
|
1.20% | 1.17% | 1.16% | 1.15% | (d) | 1.21% | ||||||||||||||
Net expenses after fees waived or expenses
reimbursed(e)
|
1.20% | 1.17% | 1.16% | 1.15% | (d) | 1.20% | ||||||||||||||
Net investment income
|
2.72% | 3.16% | 3.00% | 3.53% | (d) | 3.27% | ||||||||||||||
Supplemental
data
|
||||||||||||||||||||
Net assets, end of period (in thousands)
|
$17,732 | $12,407 | $9,282 | $11,685 | $8,088 | |||||||||||||||
Portfolio turnover
|
28% | 41% | 39% | 19% | 27% | |||||||||||||||
Year ended |
||||
January 31, |
||||
2011(f) | ||||
Class R
|
||||
Per share
data
|
||||
Net asset value, beginning of period
|
$10.29 | |||
Income from investment operations:
|
||||
Net investment income
|
.17 | |||
Net realized and unrealized gain on investments
|
.33 | |||
Total from investment operations
|
.50 | |||
Less distributions to shareholders from:
|
||||
Net investment income
|
(.16 | ) | ||
Tax return of capital
|
(.00 | )(b) | ||
Total distributions to shareholders
|
(.16 | ) | ||
Net asset value, end of period
|
$10.63 | |||
Total
return
|
4.88% | |||
Ratios to
average net
assets(c)
|
||||
Expenses prior to fees waived or expenses reimbursed
|
0.63% | (d) | ||
Net expenses after fees waived or expenses
reimbursed(e)
|
0.63% | (d) | ||
Net investment income
|
4.84% | (d) | ||
Supplemental
data
|
||||
Net assets, end of period (in thousands)
|
$3 | |||
Portfolio turnover
|
28% | |||
Year ended |
||||||||||||||||||||
Year ended January 31, |
May 31, |
|||||||||||||||||||
2011 | 2010 | 2009 | 2008(a) | 2007 | ||||||||||||||||
Class R4
|
||||||||||||||||||||
Per share
data
|
||||||||||||||||||||
Net asset value, beginning of period
|
$9.77 | $8.26 | $10.28 | $10.80 | $9.99 | |||||||||||||||
Income from investment operations:
|
||||||||||||||||||||
Net investment income
|
.35 | .36 | .42 | .33 | .43 | |||||||||||||||
Net realized and unrealized gain (loss) on investments
|
.87 | 1.54 | (2.01 | ) | (.34 | ) | .84 | |||||||||||||
Total from investment operations
|
1.22 | 1.90 | (1.59 | ) | (.01 | ) | 1.27 | |||||||||||||
Less distributions to shareholders from:
|
||||||||||||||||||||
Net investment income
|
(.40 | ) | (.39 | ) | (.43 | ) | (.44 | ) | (.46 | ) | ||||||||||
Net realized gains
|
| | | (.07 | ) | | ||||||||||||||
Tax return of capital
|
(.00 | )(b) | | | | | ||||||||||||||
Total distributions to shareholders
|
(.40 | ) | (.39 | ) | (.43 | ) | (.51 | ) | (.46 | ) | ||||||||||
Net asset value, end of period
|
$10.59 | $9.77 | $8.26 | $10.28 | $10.80 | |||||||||||||||
Total
return
|
12.74% | 23.31% | (15.93% | ) | (0.08% | ) | 13.02% | |||||||||||||
Ratios to
average net
assets(c)
|
||||||||||||||||||||
Expenses prior to fees waived or expenses reimbursed
|
0.43% | 0.36% | 0.37% | 0.37% | (d) | 0.42% | ||||||||||||||
Net expenses after fees waived or expenses
reimbursed(e)
|
0.42% | 0.36% | 0.08% | 0.08% | (d) | 0.29% | ||||||||||||||
Net investment income
|
3.45% | 3.95% | 3.90% | 4.32% | (d) | 4.39% | ||||||||||||||
Supplemental
data
|
||||||||||||||||||||
Net assets, end of period (in thousands)
|
$11 | $10 | $8 | $34 | $107 | |||||||||||||||
Portfolio turnover
|
28% | 41% | 39% | 19% | 27% | |||||||||||||||
Year ended |
||||
January 31, |
||||
2011(f) | ||||
Class Z
|
||||
Per share
data
|
||||
Net asset value, beginning of period
|
$10.29 | |||
Income from investment operations:
|
||||
Net investment income
|
.09 | |||
Net realized and unrealized gain on investments
|
.39 | |||
Total from investment operations
|
.48 | |||
Less distributions to shareholders from:
|
||||
Net investment income
|
(.18 | ) | ||
Tax return of capital
|
(.00 | )(b) | ||
Total distributions to shareholders
|
(.18 | ) | ||
Net asset value, end of period
|
$10.59 | |||
Total
return
|
4.67% | |||
Ratios to
average net
assets(c)
|
||||
Expenses prior to fees waived or expenses reimbursed
|
0.47% | (d) | ||
Net expenses after fees waived or expenses
reimbursed(e)
|
0.17% | (d) | ||
Net investment income
|
2.44% | (d) | ||
Supplemental
data
|
||||
Net assets, end of period (in thousands)
|
$89 | |||
Portfolio turnover
|
28% | |||
(a) | For the period from June 1, 2007 to January 31, 2008. In 2008, the Funds fiscal year end was changed from May 31 to January 31. |
(b) | Rounds to less than $0.01 per share. |
(c) | In addition to the fees and expenses which the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of the underlying funds in which the Fund invests. Such indirect expenses are not included in the reported expense ratios. |
(d) | Annualized. |
(e) | The Investment Manager and its affiliates agreed to waive/reimburse certain fees and expenses (excluding fees and expenses of underlying funds). |
(f) | For the period from September 27, 2010 (when shares became available) to January 31, 2011. |
Year ended |
||||||||||||||||||||
Year ended January 31, |
May 31, |
|||||||||||||||||||
2011 | 2010 | 2009 | 2008(a) | 2007 | ||||||||||||||||
Class A
|
||||||||||||||||||||
Per share
data
|
||||||||||||||||||||
Net asset value, beginning of period
|
$9.47 | $7.86 | $10.21 | $10.99 | $9.98 | |||||||||||||||
Income from investment operations:
|
||||||||||||||||||||
Net investment income
|
.40 | .38 | .39 | .32 | .45 | |||||||||||||||
Net realized and unrealized gain (loss) on investments
|
.89 | 1.62 | (2.33 | ) | (.64 | ) | 1.04 | |||||||||||||
Total from investment operations
|
1.29 | 2.00 | (1.94 | ) | (.32 | ) | 1.49 | |||||||||||||
Less distributions to shareholders from:
|
||||||||||||||||||||
Net investment income
|
(.44 | ) | (.39 | ) | (.41 | ) | (.38 | ) | (.48 | ) | ||||||||||
Net realized gains
|
| | | (.06 | ) | | ||||||||||||||
Tax return of capital
|
| | | (.02 | ) | | ||||||||||||||
Total distributions to shareholders
|
(.44 | ) | (.39 | ) | (.41 | ) | (.46 | ) | (.48 | ) | ||||||||||
Net asset value, end of period
|
$10.32 | $9.47 | $7.86 | $10.21 | $10.99 | |||||||||||||||
Total
return
|
13.95% | 25.95% | (19.51% | ) | (2.95% | ) | 15.22% | |||||||||||||
Ratios to
average net
assets(b)
|
||||||||||||||||||||
Expenses prior to fees waived or expenses reimbursed
|
0.41% | 0.41% | 0.40% | 0.38% | (c) | 0.42% | ||||||||||||||
Net expenses after fees waived or expenses
reimbursed(d)
|
0.41% | 0.41% | 0.40% | 0.38% | (c) | 0.42% | ||||||||||||||
Net investment income
|
4.05% | 4.31% | 4.12% | 4.50% | (c) | 4.23% | ||||||||||||||
Supplemental
data
|
||||||||||||||||||||
Net assets, end of period (in thousands)
|
$324,301 | $336,673 | $338,876 | $545,270 | $458,497 | |||||||||||||||
Portfolio turnover
|
26% | 39% | 40% | 19% | 29% | |||||||||||||||
Year ended |
||||||||||||||||||||
Year ended January 31, |
May 31, |
|||||||||||||||||||
2011 | 2010 | 2009 | 2008(a) | 2007 | ||||||||||||||||
Class B
|
||||||||||||||||||||
Per share
data
|
||||||||||||||||||||
Net asset value, beginning of period
|
$9.49 | $7.84 | $10.19 | $10.97 | $9.96 | |||||||||||||||
Income from investment operations:
|
||||||||||||||||||||
Net investment income
|
.32 | .30 | .31 | .27 | .37 | |||||||||||||||
Net realized and unrealized gain (loss) on investments
|
.91 | 1.63 | (2.33 | ) | (.64 | ) | 1.04 | |||||||||||||
Total from investment operations
|
1.23 | 1.93 | (2.02 | ) | (.37 | ) | 1.41 | |||||||||||||
Less distributions to shareholders from:
|
||||||||||||||||||||
Net investment income
|
(.37 | ) | (.28 | ) | (.33 | ) | (.34 | ) | (.40 | ) | ||||||||||
Net realized gains
|
| | | (.06 | ) | | ||||||||||||||
Tax return of capital
|
| | | (.01 | ) | | ||||||||||||||
Total distributions to shareholders
|
(.37 | ) | (.28 | ) | (.33 | ) | (.41 | ) | (.40 | ) | ||||||||||
Net asset value, end of period
|
$10.35 | $9.49 | $7.84 | $10.19 | $10.97 | |||||||||||||||
Total
return
|
13.15% | 25.00% | (20.17% | ) | (3.45% | ) | 14.45% | |||||||||||||
Ratios to
average net
assets(b)
|
||||||||||||||||||||
Expenses prior to fees waived or expenses reimbursed
|
1.17% | 1.17% | 1.15% | 1.14% | (c) | 1.17% | ||||||||||||||
Net expenses after fees waived or expenses
reimbursed(d)
|
1.17% | 1.17% | 1.15% | 1.14% | (c) | 1.17% | ||||||||||||||
Net investment income
|
3.24% | 3.51% | 3.32% | 3.74% | (c) | 3.48% | ||||||||||||||
Supplemental
data
|
||||||||||||||||||||
Net assets, end of period (in thousands)
|
$25,865 | $35,117 | $40,993 | $73,302 | $68,997 | |||||||||||||||
Portfolio turnover
|
26% | 39% | 40% | 19% | 29% | |||||||||||||||
Year ended |
||||||||||||||||||||
Year ended January 31, |
May 31, |
|||||||||||||||||||
2011 | 2010 | 2009 | 2008(a) | 2007 | ||||||||||||||||
Class C
|
||||||||||||||||||||
Per share
data
|
||||||||||||||||||||
Net asset value, beginning of period
|
$9.49 | $7.85 | $10.20 | $10.98 | $9.97 | |||||||||||||||
Income from investment operations:
|
||||||||||||||||||||
Net investment income
|
.33 | .31 | .32 | .27 | .37 | |||||||||||||||
Net realized and unrealized gain (loss) on investments
|
.90 | 1.62 | (2.33 | ) | (.64 | ) | 1.04 | |||||||||||||
Total from investment operations
|
1.23 | 1.93 | (2.01 | ) | (.37 | ) | 1.41 | |||||||||||||
Less distributions to shareholders from:
|
||||||||||||||||||||
Net investment income
|
(.37 | ) | (.29 | ) | (.34 | ) | (.34 | ) | (.40 | ) | ||||||||||
Net realized gains
|
| | | (.06 | ) | | ||||||||||||||
Tax return of capital
|
| | | (.01 | ) | | ||||||||||||||
Total distributions to shareholders
|
(.37 | ) | (.29 | ) | (.34 | ) | (.41 | ) | (.40 | ) | ||||||||||
Net asset value, end of period
|
$10.35 | $9.49 | $7.85 | $10.20 | $10.98 | |||||||||||||||
Total
return
|
13.17% | 24.94% | (20.14% | ) | (3.43% | ) | 14.45% | |||||||||||||
Ratios to
average net
assets(b)
|
||||||||||||||||||||
Expenses prior to fees waived or expenses reimbursed
|
1.16% | 1.16% | 1.15% | 1.13% | (c) | 1.17% | ||||||||||||||
Net expenses after fees waived or expenses
reimbursed(d)
|
1.16% | 1.16% | 1.15% | 1.13% | (c) | 1.17% | ||||||||||||||
Net investment income
|
3.31% | 3.58% | 3.38% | 3.76% | (c) | 3.44% | ||||||||||||||
Supplemental
data
|
||||||||||||||||||||
Net assets, end of period (in thousands)
|
$16,890 | $15,534 | $14,004 | $21,219 | $15,332 | |||||||||||||||
Portfolio turnover
|
26% | 39% | 40% | 19% | 29% | |||||||||||||||
Year ended |
||||||||||||||||||||
Year ended January 31, |
May 31, |
|||||||||||||||||||
2011 | 2010 | 2009 | 2008(a) | 2007 | ||||||||||||||||
Class R4
|
||||||||||||||||||||
Per share
data
|
||||||||||||||||||||
Net asset value, beginning of period
|
$9.47 | $7.87 | $10.22 | $11.00 | $9.98 | |||||||||||||||
Income from investment operations:
|
||||||||||||||||||||
Net investment income
|
.39 | .39 | .42 | .34 | .46 | |||||||||||||||
Net realized and unrealized gain (loss) on investments
|
.91 | 1.61 | (2.33 | ) | (.63 | ) | 1.05 | |||||||||||||
Total from investment operations
|
1.30 | 2.00 | (1.91 | ) | (.29 | ) | 1.51 | |||||||||||||
Less distributions to shareholders from:
|
||||||||||||||||||||
Net investment income
|
(.44 | ) | (.40 | ) | (.44 | ) | (.41 | ) | (.49 | ) | ||||||||||
Net realized gains
|
| | | (.06 | ) | | ||||||||||||||
Tax return of capital
|
| | | (.02 | ) | | ||||||||||||||
Total distributions to shareholders
|
(.44 | ) | (.40 | ) | (.44 | ) | (.49 | ) | (.49 | ) | ||||||||||
Net asset value, end of period
|
$10.33 | $9.47 | $7.87 | $10.22 | $11.00 | |||||||||||||||
Total
return
|
14.02% | 25.94% | (19.18% | ) | (2.75% | ) | 15.41% | |||||||||||||
Ratios to
average net
assets(b)
|
||||||||||||||||||||
Expenses prior to fees waived or expenses reimbursed
|
0.41% | 0.35% | 0.35% | 0.35% | (c) | 0.33% | ||||||||||||||
Net expenses after fees waived or expenses
reimbursed(d)
|
0.41% | 0.35% | 0.08% | 0.08% | (c) | 0.29% | ||||||||||||||
Net investment income
|
3.92% | 4.41% | 4.45% | 4.78% | (c) | 3.92% | ||||||||||||||
Supplemental
data
|
||||||||||||||||||||
Net assets, end of period (in thousands)
|
$10 | $18 | $15 | $21 | $20 | |||||||||||||||
Portfolio turnover
|
26% | 39% | 40% | 19% | 29% | |||||||||||||||
(a) | For the period from June 1, 2007 to January 31, 2008. In 2008, the Funds fiscal year end was changed from May 31 to January 31. |
(b) | In addition to the fees and expenses which the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of the underlying funds in which the Fund invests. Such indirect expenses are not included in the reported expense ratios. | |
(c) | Annualized. | |
(d) | The Investment Manager and its affiliates agreed to waive/reimburse certain fees and expenses (excluding fees and expenses of underlying funds). |
Year ended |
||||||||||||||||||||
Year ended January 31, |
May 31, |
|||||||||||||||||||
2011 | 2010 | 2009 | 2008(a) | 2007 | ||||||||||||||||
Class A
|
||||||||||||||||||||
Per share
data
|
||||||||||||||||||||
Net asset value, beginning of period
|
$9.44 | $7.60 | $10.05 | $11.08 | $9.96 | |||||||||||||||
Income from investment operations:
|
||||||||||||||||||||
Net investment income
|
.44 | .39 | .43 | .35 | .47 | |||||||||||||||
Net realized and unrealized gain (loss) on investments
|
.93 | 1.85 | (2.44 | ) | (.86 | ) | 1.15 | |||||||||||||
Total from investment operations
|
1.37 | 2.24 | (2.01 | ) | (.51 | ) | 1.62 | |||||||||||||
Less distributions to shareholders from:
|
||||||||||||||||||||
Net investment income
|
(.47 | ) | (.40 | ) | (.44 | ) | (.38 | ) | (.49 | ) | ||||||||||
Net realized gains
|
| | | (.11 | ) | (.01 | ) | |||||||||||||
Tax return of capital
|
| | | (.03 | ) | | ||||||||||||||
Total distributions to shareholders
|
(.47 | ) | (.40 | ) | (.44 | ) | (.52 | ) | (.50 | ) | ||||||||||
Net asset value, end of period
|
$10.34 | $9.44 | $7.60 | $10.05 | $11.08 | |||||||||||||||
Total
return
|
14.84% | 30.07% | (20.46% | ) | (4.58% | ) | 16.68% | |||||||||||||
Ratios to
average net
assets(b)
|
||||||||||||||||||||
Expenses prior to fees waived or expenses reimbursed
|
0.45% | 0.44% | 0.41% | 0.41% | (c) | 0.43% | ||||||||||||||
Net expenses after fees waived or expenses
reimbursed(d)
|
0.45% | 0.44% | 0.41% | 0.41% | (c) | 0.43% | ||||||||||||||
Net investment income
|
4.42% | 4.55% | 4.63% | 4.93% | (c) | 4.51% | ||||||||||||||
Supplemental
data
|
||||||||||||||||||||
Net assets, end of period (in thousands)
|
$166,706 | $169,340 | $164,091 | $289,093 | $266,494 | |||||||||||||||
Portfolio turnover
|
24% | 46% | 36% | 24% | 27% | |||||||||||||||
Year ended |
||||||||||||||||||||
Year ended January 31, |
May 31, |
|||||||||||||||||||
2011 | 2010 | 2009 | 2008(a) | 2007 | ||||||||||||||||
Class B
|
||||||||||||||||||||
Per share
data
|
||||||||||||||||||||
Net asset value, beginning of period
|
$9.48 | $7.59 | $10.04 | $11.07 | $9.96 | |||||||||||||||
Income from investment operations:
|
||||||||||||||||||||
Net investment income
|
.36 | .32 | .35 | .30 | .39 | |||||||||||||||
Net realized and unrealized gain (loss) on investments
|
.93 | 1.86 | (2.43 | ) | (.86 | ) | 1.15 | |||||||||||||
Total from investment operations
|
1.29 | 2.18 | (2.08 | ) | (.56 | ) | 1.54 | |||||||||||||
Less distributions to shareholders from:
|
||||||||||||||||||||
Net investment income
|
(.39 | ) | (.29 | ) | (.37 | ) | (.34 | ) | (.42 | ) | ||||||||||
Net realized gains
|
| | | (.11 | ) | (.01 | ) | |||||||||||||
Tax return of capital
|
| | | (.02 | ) | | ||||||||||||||
Total distributions to shareholders
|
(.39 | ) | (.29 | ) | (.37 | ) | (.47 | ) | (.43 | ) | ||||||||||
Net asset value, end of period
|
$10.38 | $9.48 | $7.59 | $10.04 | $11.07 | |||||||||||||||
Total
return
|
13.89% | 29.21% | (21.12% | ) | (5.17% | ) | 15.74% | |||||||||||||
Ratios to
average net
assets(b)
|
||||||||||||||||||||
Expenses prior to fees waived or expenses reimbursed
|
1.20% | 1.20% | 1.17% | 1.16% | (c) | 1.19% | ||||||||||||||
Net expenses after fees waived or expenses
reimbursed(d)
|
1.20% | 1.20% | 1.17% | 1.16% | (c) | 1.19% | ||||||||||||||
Net investment income
|
3.62% | 3.77% | 3.83% | 4.15% | (c) | 3.77% | ||||||||||||||
Supplemental
data
|
||||||||||||||||||||
Net assets, end of period (in thousands)
|
$13,254 | $17,094 | $18,998 | $36,667 | $38,770 | |||||||||||||||
Portfolio turnover
|
24% | 46% | 36% | 24% | 27% | |||||||||||||||
Year ended |
||||||||||||||||||||
Year ended January 31, |
May 31, |
|||||||||||||||||||
2011 | 2010 | 2009 | 2008(a) | 2007 | ||||||||||||||||
Class C
|
||||||||||||||||||||
Per share
data
|
||||||||||||||||||||
Net asset value, beginning of period
|
$9.47 | $7.59 | $10.04 | $11.07 | $9.96 | |||||||||||||||
Income from investment operations:
|
||||||||||||||||||||
Net investment income
|
.37 | .33 | .36 | .30 | .39 | |||||||||||||||
Net realized and unrealized gain (loss) on investments
|
.92 | 1.85 | (2.43 | ) | (.86 | ) | 1.15 | |||||||||||||
Total from investment operations
|
1.29 | 2.18 | (2.07 | ) | (.56 | ) | 1.54 | |||||||||||||
Less distributions to shareholders from:
|
||||||||||||||||||||
Net investment income
|
(.39 | ) | (.30 | ) | (.38 | ) | (.34 | ) | (.42 | ) | ||||||||||
Net realized gains
|
| | | (.11 | ) | (.01 | ) | |||||||||||||
Tax return of capital
|
| | | (.02 | ) | | ||||||||||||||
Total distributions to shareholders
|
(.39 | ) | (.30 | ) | (.38 | ) | (.47 | ) | (.43 | ) | ||||||||||
Net asset value, end of period
|
$10.37 | $9.47 | $7.59 | $10.04 | $11.07 | |||||||||||||||
Total
return
|
13.92% | 29.16% | (21.09% | ) | (5.06% | ) | 15.75% | |||||||||||||
Ratios to
average net
assets(b)
|
||||||||||||||||||||
Expenses prior to fees waived or expenses reimbursed
|
1.20% | 1.20% | 1.16% | 1.16% | (c) | 1.18% | ||||||||||||||
Net expenses after fees waived or expenses
reimbursed(d)
|
1.20% | 1.20% | 1.16% | 1.16% | (c) | 1.18% | ||||||||||||||
Net investment income
|
3.68% | 3.80% | 3.88% | 4.19% | (c) | 3.73% | ||||||||||||||
Supplemental
data
|
||||||||||||||||||||
Net assets, end of period (in thousands)
|
$9,776 | $8,762 | $7,981 | $13,057 | $10,730 | |||||||||||||||
Portfolio turnover
|
24% | 46% | 36% | 24% | 27% | |||||||||||||||
Year ended |
||||||||||||||||||||
Year ended January 31, |
May 31 |
|||||||||||||||||||
2011 | 2010 | 2009 | 2008(a) | 2007 | ||||||||||||||||
Class R4
|
||||||||||||||||||||
Per share
data
|
||||||||||||||||||||
Less distributions to shareholders from:
|
||||||||||||||||||||
Net asset value, beginning of period
|
$9.43 | $7.60 | $10.06 | $11.09 | $9.97 | |||||||||||||||
Income from investment operations:
|
||||||||||||||||||||
Net investment income
|
.45 | .39 | .46 | .37 | .49 | |||||||||||||||
Net realized and unrealized gain (loss) on investments
|
.92 | 1.85 | (2.44 | ) | (.86 | ) | 1.15 | |||||||||||||
Total from investment operations
|
1.37 | 2.24 | (1.98 | ) | (.49 | ) | 1.64 | |||||||||||||
Less distributions to shareholders from:
|
||||||||||||||||||||
Net investment income
|
(.47 | ) | (.41 | ) | (.48 | ) | (.40 | ) | (.51 | ) | ||||||||||
Net realized gains
|
| | | (.11 | ) | (.01 | ) | |||||||||||||
Tax return of capital
|
| | | (.03 | ) | | ||||||||||||||
Total distributions to shareholders
|
(.47 | ) | (.41 | ) | (.48 | ) | (.54 | ) | (.52 | ) | ||||||||||
Net asset value, end of period
|
$10.33 | $9.43 | $7.60 | $10.06 | $11.09 | |||||||||||||||
Total
return
|
14.89% | 30.07% | (20.23% | ) | (4.49% | ) | 16.82% | |||||||||||||
Ratios to
average net
assets(b)
|
||||||||||||||||||||
Expenses prior to fees waived or expenses reimbursed
|
0.43% | 0.38% | 0.36% | 0.38% | (c) | 0.36% | ||||||||||||||
Net expenses after fees waived or expenses
reimbursed(d)
|
0.42% | 0.38% | 0.08% | 0.12% | (c) | 0.29% | ||||||||||||||
Net investment income
|
4.47% | 4.63% | 5.12% | 5.24% | (c) | 4.67% | ||||||||||||||
Supplemental
data
|
||||||||||||||||||||
Net assets, end of period (in thousands)
|
$41 | $36 | $104 | $55 | $39 | |||||||||||||||
Portfolio turnover
|
24% | 46% | 36% | 24% | 27% | |||||||||||||||
(a) | For the period from June 1, 2007 to January 31, 2008. In 2008, the Funds fiscal year end was changed from May 31 to January 31. |
(b) | In addition to the fees and expenses which the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of the underlying funds in which the Fund invests. Such indirect expenses are not included in the reported expense ratios. | |
(c) | Annualized. | |
(d) | The Investment Manager and its affiliates agreed to waive/reimburse certain fees and expenses (excluding fees and expenses of underlying funds). |
* | For information on the goals, investment strategies and risks of the underlying funds please refer to Appendix A and B in the Funds most recent prospectus. |
Class A | Class B | Class C | Class R | Class R4 | Class Z | |||||||||||||||||||
Columbia Income Builder Fund
|
0.10 | % | 0.11 | % | 0.10 | % | 0.03 | %* | 0.07 | % | 0.05 | %* | ||||||||||||
Columbia Income Builder Fund II
|
0.10 | 0.11 | 0.10 | N/A | 0.10 | N/A | ||||||||||||||||||
Columbia Income Builder Fund III
|
0.11 | 0.11 | 0.11 | N/A | 0.09 | N/A |
* | Annualized. |
Fund | Class B | Class C | ||||||
Columbia Income Builder Fund
|
$ | 1,692,000 | $ | 93,000 | ||||
Columbia Income Builder Fund II
|
2,257,000 | 104,000 | ||||||
Columbia Income Builder Fund III
|
1,131,000 | 68,000 |
Fund | Class A | Class B | Class C | |||||||||
Columbia Income Builder Fund
|
$ | 305,203 | $ | 16,032 | $ | 1,572 | ||||||
Columbia Income Builder Fund II
|
304,238 | 22,934 | 795 | |||||||||
Columbia Income Builder Fund III
|
148,718 | 8,790 | 626 |
Fund | Class R4 | Class Z | ||||||
Columbia Income Builder Fund
|
0.42 | % | 0.17 | % | ||||
Columbia Income Builder Fund III
|
0.42 | |
Fund | Class R4 | Class Z | ||||||
Columbia Income Builder Fund
|
$ | 1 | $ | 18 | ||||
Columbia Income Builder Fund III
|
3 | |
Fund | Class A | Class B | Class C | Class R | Class R4 | Class Z | ||||||||||||||||||
Columbia Income Builder Fund
|
0.45 | % | 1.21 | % | 1.20 | % | 0.70 | % | 0.42 | % | 0.20 | % | ||||||||||||
Columbia Income Builder Fund II
|
0.45 | 1.21 | 1.20 | | 0.42 | | ||||||||||||||||||
Columbia Income Builder Fund III
|
0.45 | 1.21 | 1.20 | | 0.42 | |
Fund | Class A | Class B | Class C | Class R | Class R4 | Class Z | ||||||||||||||||||
Columbia Income Builder Fund
|
0.45 | % | 1.20 | % | 1.20 | % | 0.70 | % | 0.43 | % | 0.20 | % | ||||||||||||
Columbia Income Builder Fund II
|
0.45 | 1.20 | 1.20 | | 0.43 | | ||||||||||||||||||
Columbia Income Builder Fund III
|
0.45 | 1.20 | 1.20 | | 0.43 | |
* | In addition to the fees and expenses which each Fund bears directly, each Fund indirectly bears a pro rata share of the fees and expenses of the funds in which it invests (also referred to as acquired funds), including affiliated and non-affiliated pooled investment vehicles (including mutual funds and exchange traded funds). Because the acquired funds have varied expense and fee levels and each Fund may own different proportions of acquired funds at different times, the amount of fees and expenses incurred indirectly by each Fund will vary. |
Fund | Purchases | Proceeds | ||||||
Columbia Income Builder Fund
|
$ | 63,649,652 | $ | 74,764,872 | ||||
Columbia Income Builder Fund II
|
98,560,684 | 150,492,344 | ||||||
Columbia Income Builder Fund III
|
45,922,885 | 68,842,809 |
Underlying fund | Percent of shares held | |||
RiverSource Disciplined Small Cap Value Fund
|
26.95 | % | ||
Columbia U.S. Government Mortgage Fund
|
14.67 | |||
Columbia Absolute Return Currency and Income Fund
|
6.58 |
Underlying fund | Percent of shares held | |||
RiverSource Disciplined Small Cap Value Fund
|
41.71 | % | ||
Columbia U.S. Government Mortgage Fund
|
18.79 | |||
Columbia Emerging Markets Bond Fund
|
11.77 | |||
RiverSource Real Estate Fund
|
8.38 | |||
Columbia Absolute Return Currency and Income Fund
|
7.61 | |||
Columbia Large Value Quantitative Fund
|
6.64 | |||
Columbia Floating Rate Fund
|
6.01 |
Underlying fund | Percent of shares held | |||
RiverSource Disciplined Small Cap Value Fund
|
21.55 | % | ||
Columbia Emerging Markets Bond Fund
|
7.54 | |||
Columbia U.S. Government Mortgage Fund
|
7.09 | |||
RiverSource Real Estate Fund
|
5.96 |
Undistributed |
||||||||||||
(excess of |
||||||||||||
distributions
over) |
Accumulated |
Paid-in
capital |
||||||||||
net investment |
net realized |
increase |
||||||||||
Fund | income | gain (loss) | (decrease) | |||||||||
Columbia Income Builder Fund
|
$ | 903,706 | $ | (903,706 | ) | $ | | |||||
Columbia Income Builder Fund II
|
1,218,363 | (1,218,363 | ) | | ||||||||
Columbia Income Builder Fund III
|
407,279 | (407,279 | ) | |
Year ended January 31, 2011 | ||||||||||||
Ordinary |
Long-term |
Tax return |
||||||||||
Fund | income | capital gains | of capital | |||||||||
Columbia Income Builder Fund
|
$ | 8,654,910 | $ | | $ | 4,953 | ||||||
Columbia Income Builder Fund II
|
16,343,829 | | | |||||||||
Columbia Income Builder Fund III
|
8,756,845 | | |
Year ended January 31, 2010 | ||||||||||||
Ordinary |
Long-term |
Tax return |
||||||||||
Fund | income | capital gains | of capital | |||||||||
Columbia Income Builder Fund
|
$ | 8,805,394 | $ | | $ | | ||||||
Columbia Income Builder Fund II
|
16,792,692 | | | |||||||||
Columbia Income Builder Fund III
|
8,705,838 | | |
Undistributed |
Undistributed |
Accumulated |
Unrealized |
|||||||||||||
ordinary |
accumulated |
realized |
appreciation |
|||||||||||||
Fund | income | long-term gain | loss | (depreciation) | ||||||||||||
Columbia Income Builder Fund
|
$ | | $ | | $ | (20,185,831 | ) | $ | 12,327,804 | |||||||
Columbia Income Builder Fund II
|
66,788 | | (65,084,115 | ) | 19,793,052 | |||||||||||
Columbia Income Builder Fund III
|
48,997 | | (34,766,903 | ) | 11,068,168 |
Gross |
Gross |
Net |
||||||||||||||
unrealized |
unrealized |
appreciation |
||||||||||||||
Fund | Tax cost | appreciation | depreciation | (depreciation) | ||||||||||||
Columbia Income Builder Fund
|
$ | 223,260,109 | $ | 13,443,702 | $ | (1,115,898 | ) | $ | 12,327,804 | |||||||
Columbia Income Builder Fund II
|
347,345,555 | 24,846,201 | (5,053,149 | ) | 19,793,052 | |||||||||||
Columbia Income Builder Fund III
|
178,708,641 | 12,973,160 | (1,904,992 | ) | 11,068,168 |
Fund | 2017 | 2018 | 2019 | Total | ||||||||||||
Columbia Income Builder Fund
|
$ | 2,942,103 | $ | 15,861,057 | $ | 1,382,671 | $ | 20,185,831 | ||||||||
Columbia Income Builder Fund II
|
7,376,558 | 51,037,474 | 6,670,083 | 65,084,115 | ||||||||||||
Columbia Income Builder Fund III
|
3,248,765 | 31,518,138 | | 34,766,903 |
Income distributions the Fund designates the following tax attributes for distributions: | ||
Qualified Dividend Income for individuals
|
15.54% | |
Dividends Received Deduction for corporations
|
13.93% | |
U.S. Government Obligations
|
4.90% |
Income distributions the Fund designates the following tax attributes for distributions: | ||
Qualified Dividend Income for individuals
|
14.16% | |
Dividends Received Deduction for corporations
|
11.45% | |
U.S. Government Obligations
|
2.71% |
Income distributions the Fund designates the following tax attributes for distributions: | ||
Qualified Dividend Income for individuals
|
12.33% | |
Dividends Received Deduction for corporations
|
8.78% | |
U.S. Government Obligations
|
1.66% |
Name, |
Position held |
Other present
or |
||||
address, |
with Fund and |
Principal
occupation |
past
directorships |
|||
age | length of service | during past five years | (within past 5 years) | |||
Kathleen Blatz 901 S. Marquette Ave. Minneapolis, MN 55402 Age 56 |
Board member since 1/11/06 | Chief Justice, Minnesota Supreme Court, 1998-2006; Attorney | None | |||
Pamela G. Carlton 901 S. Marquette Ave. Minneapolis, MN 55402 Age 56 |
Board member since 7/11/07 | President, Springboard Partners in Cross Cultural Leadership (consulting company) | None | |||
Patricia M. Flynn 901 S. Marquette Ave. Minneapolis, MN 55402 Age 60 |
Board member since 11/1/04 | Trustee Professor of Economics and Management, Bentley University; former Dean, McCallum Graduate School of Business, Bentley University | None | |||
Anne P. Jones 901 S. Marquette Ave. Minneapolis, MN 55402 Age 76 |
Board member since 3/1/85 | Attorney and Consultant | None | |||
Stephen R. Lewis, Jr. 901 S. Marquette Ave. Minneapolis, MN 55402 Age 72 |
Chair of the Board since 1/1/07, Board member since 1/1/02 |
President Emeritus and Professor of Economics, Carleton College | Valmont Industries, Inc. (manufactures irrigation systems) | |||
John F. Maher 901 S. Marquette Ave. Minneapolis, MN 55402 Age 67 |
Board member since 12/10/08 |
Retired President and Chief Executive Officer and former Director, Great Western Financial Corporation (financial services), 1986-1997 | None | |||
Catherine James Paglia 901 S. Marquette Ave. Minneapolis, MN 55402 Age 58 |
Board member since 11/1/04 | Director, Enterprise Asset Management, Inc. (private real estate and asset management company) | None | |||
Leroy C. Richie 901 S. Marquette Ave. Minneapolis, MN 55402 Age 69 |
Board member since 11/11/08 |
Counsel, Lewis & Munday, P.C. since 1987; Vice President and General Counsel, Automotive Legal Affairs, Chrysler Corporation, 1990-1997 | Digital Ally, Inc. (digital imaging); Infinity, Inc. (oil and gas exploration and production); OGE Energy Corp. (energy and energy services) | |||
Alison Taunton-Rigby 901 S. Marquette Ave. Minneapolis, MN 55402 Age 66 |
Board member since 11/13/02 | Chief Executive Officer and Director, RiboNovix, Inc. since 2003 (biotechnology); former President, Aquila Biopharmaceuticals | Idera Pharmaceuticals, Inc. (biotechnology); Healthways, Inc. (health management programs) | |||
Name, |
Position held |
Other present
or |
||||
address, |
with Fund and |
Principal
occupation |
past
directorships |
|||
age | length of service | during past five years | (within past 5 years) | |||
William F. Truscott 53600 Ameriprise Financial Center Minneapolis, MN 55474 Age 50 |
Board member since 11/7/01, Vice President since 2002 |
Chairman of the Board, Columbia Management Investment Advisers, LLC (formerly RiverSource Investments, LLC) since May 2010 (previously President, Chairman of the Board and Chief Investment Officer, 2001-April 2010); Senior Vice President, Atlantic Funds, Columbia Funds and Nations Funds since May 2010; Chief Executive Officer, U.S. Asset Management & President Annuities, Ameriprise Financial, Inc. since May 2010 (previously President U.S. Asset Management and Chief Investment Officer, 2005-April 2010 and Senior Vice President Chief Investment Officer, 2001-2005); Director, President and Chief Executive Officer, Ameriprise Certificate Company since 2006; Director, Columbia Management Investment Distributors, Inc. (formerly RiverSource Fund Distributors, Inc.) since May 2010 (previously Chairman of the Board and Chief Executive Officer, 2008-April 2010); Chairman of the Board and Chief Executive Officer, RiverSource Distributors, Inc. since 2006 | None | |||
* | Interested person (as defined under the 1940 Act) by reason of being an officer, director, security holder and/or employee of the investment manager or Ameriprise Financial. |
Name, |
Position held |
|||
address, |
with funds and |
Principal
occupation |
||
age | length of service | during past five years | ||
J. Kevin Connaughton 225 Franklin Street Boston, MA 02110 Age 46 |
President since 5/1/10 | Senior Vice President and General Manager Mutual Fund Products, Columbia Management Investment Advisers, LLC since May 2010; President, Columbia Funds since 2009 (previously Senior Vice President and Chief Financial Officer, June 2008 January 2009); President, Atlantic Funds and Nations Funds since 2009; Managing Director of Columbia Management Advisors, LLC, December 2004 April 2010; Treasurer, Columbia Funds, October 2003 May 2008; Treasurer, the Liberty Funds, Stein Roe Funds and Liberty All-Star Funds, December 2000 December 2006 | ||
Amy K. Johnson 5228 Ameriprise Financial Center Minneapolis, MN 55474 Age 45 |
Vice President since 12/5/06 | Senior Vice President and Chief Operating Officer, Columbia Management Investment Advisers, LLC (formerly RiverSource Investments, LLC) since May 2010 (previously Chief Administrative Officer, 2009 April 2010 and Vice President Asset Management and Trust Company Services, 2006-2009 and Vice President Operations and Compliance, 2004-2006); Senior Vice President, Atlantic Funds, Columbia Funds and Nations Funds since May 2010; Director of Product Development Mutual Funds, Ameriprise Financial, Inc., 2001-2004 | ||
Michael G. Clarke 225 Franklin Street Boston, MA 02110 Age 41 |
Treasurer since 1/12/11 | Vice President, Columbia Management Investment Advisers, LLC since May 2010; Managing Director of Fund Administration, Columbia Management Advisers, LLC, from September 2004 to April 2010; senior officer of Columbia Funds and affiliated funds since 2002 | ||
Scott R. Plummer 5228 Ameriprise Financial Center Minneapolis, MN 55474 Age 51 |
Vice President, General Counsel and Secretary since 12/5/06 | Vice President, Chief Legal Officer and Assistant Secretary, Columbia Management Investment Advisers, LLC (formerly RiverSource Investments, LLC) since June 2005; Vice President and Lead Chief Counsel Asset Management, Ameriprise Financial, Inc. since May 2010 (previously Vice President and Chief Counsel Asset Management, 2005-April 2010 and Vice President Asset Management Compliance, 2004-2005); Senior Vice President, Secretary and Chief Legal Officer, Atlantic Funds, Columbia Funds and Nations Funds since May 2010; Vice President, Chief Counsel and Assistant Secretary, Columbia Management Investment Distributors, Inc. (formerly RiverSource Fund Distributors, Inc.) since 2008; Vice President, General Counsel and Secretary, Ameriprise Certificate Company since 2005; Chief Counsel, RiverSource Distributors, Inc. since 2006 | ||
Michael A. Jones 225 Franklin Street Boston, MA 02110 Age 51 |
Vice President since 5/1/10 | Director and President, Columbia Management Investment Advisers, LLC since May 2010; President and Director, Columbia Management Investment Distributors, Inc. since May 2010; Senior Vice President, Atlantic Funds, Columbia Funds and Nations Funds since May 2010; Manager, Chairman, Chief Executive Officer and President, Columbia Management Advisors, LLC, 2007 April 2010; Chief Executive Officer, President and Director, Columbia Management Distributors, Inc., 2006 April 2010; former Co-President and Senior Managing Director, Robeco Investment Management | ||
Colin Moore 225 Franklin Street Boston, MA 02110 Age 52 |
Vice President since 5/1/10 | Chief Investment Officer, Columbia Management Investment Advisers, LLC since May 2010; Senior Vice President, Atlantic Funds, Columbia Funds and Nations Funds since May 2010; Manager, Managing Director and Chief Investment Officer, Columbia Management Advisors, LLC, 2007- April 2010; Head of Equities, Columbia Management Advisors, LLC, 2002-Sept. 2007 | ||
Name, |
Position held |
|||
address, |
with funds and |
Principal
occupation |
||
age | length of service | during past five years | ||
Linda Wondrack 225 Franklin Street Boston, MA 02110 Age 46 |
Chief Compliance Officer since 5/1/10 | Vice President and Chief Compliance Officer, Columbia Management Investment Advisers, LLC since May 2010; Chief Compliance Officer, Columbia Funds since 2007; Senior Vice President and Chief Compliance Officer, Atlantic Funds and Nations Funds since 2007; Director (Columbia Management Group, LLC and Investment Product Group Compliance), Bank of America, June 2005 April 2010 | ||
Neysa M. Alecu 2934 Ameriprise Financial Center Minneapolis, MN 55474 Age 47 |
Money Laundering Prevention Officer since 11/9/05 and Identity Theft Prevention Officer since 2008 | Vice President Compliance, Ameriprise Financial, Inc. since 2008; Anti-Money Laundering Officer and Identity Theft Prevention Officer, Columbia Management Investment Distributors, Inc. (formerly RiverSource Fund Distributors, Inc.) since 2008; Anti-Money Laundering Officer, Ameriprise Financial, Inc. since 2005; Compliance Director, Ameriprise Financial, Inc., 2004-2008 | ||
Dollars |
Dollars |
Broker |
||||||||||||||||
Voted For | Voted Withhold | Abstentions | Non-Votes | |||||||||||||||
01.
|
Kathleen Blatz | 693,507,627.977 | 13,816,276.985 | 0.00 | 0.00 | |||||||||||||
02.
|
Edward J. Boudreau, Jr. | 693,272,171.643 | 14,051,733.319 | 0.00 | 0.00 | |||||||||||||
03.
|
Pamela G. Carlton | 693,421,891.220 | 13,902,013.742 | 0.00 | 0.00 | |||||||||||||
04.
|
William P. Carmichael | 693,013,568.646 | 14,310,336.316 | 0.00 | 0.00 | |||||||||||||
05.
|
Patricia M. Flynn | 693,224,444.935 | 14,099,460.027 | 0.00 | 0.00 | |||||||||||||
06.
|
William A. Hawkins | 693,156,744.839 | 14,167,160.123 | 0.00 | 0.00 | |||||||||||||
07.
|
R. Glenn Hilliard | 693,222,780.752 | 14,101,124.210 | 0.00 | 0.00 | |||||||||||||
08.
|
Stephen R. Lewis, Jr. | 693,430,055.417 | 13,893,849.545 | 0.00 | 0.00 | |||||||||||||
09.
|
John F. Maher | 693,848,934.493 | 13,474,970.469 | 0.00 | 0.00 | |||||||||||||
10.
|
John J. Nagorniak | 693,316,452.081 | 14,007,452.881 | 0.00 | 0.00 | |||||||||||||
11.
|
Catherine James Paglia | 693,267,037.600 | 14,056,867.362 | 0.00 | 0.00 | |||||||||||||
12.
|
Leroy C. Richie | 692,896,788.208 | 14,427,116.754 | 0.00 | 0.00 | |||||||||||||
13.
|
Anthony M. Santomero | 693,246,363.256 | 14,077,541.706 | 0.00 | 0.00 | |||||||||||||
14.
|
Minor M. Shaw | 693,313,297.343 | 14,010,607.619 | 0.00 | 0.00 | |||||||||||||
15.
|
Alison Taunton-Rigby | 693,095,134.645 | 14,228,770.316 | 0.00 | 0.00 | |||||||||||||
16.
|
William F. Truscott | 693,478,693.169 | 13,845,211.793 | 0.00 | 0.00 | |||||||||||||
Dollars
Voted |
Dollars
Voted |
Broker |
||||||||||||
For | Against | Abstentions | Non-Votes | |||||||||||
676,160,740.238 | 16,147,034.216 | 15,016,058.518 | 71.990 | |||||||||||
Dollars
Voted |
Dollars
Voted |
Broker |
||||||||||||
For | Against | Abstentions | Non-Votes | |||||||||||
136,431,860.396 | 3,497,562.769 | 4,990,004.246 | 58,798,173.720 | |||||||||||
Dollars
Voted |
Dollars
Voted |
Broker |
||||||||||||
For | Against | Abstentions | Non-Votes | |||||||||||
136,742,311.536 | 3,867,563.632 | 4,309,552.242 | 58,798,173.720 | |||||||||||
Dollars
Voted |
Dollars
Voted |
Broker |
||||||||||||
For | Against | Abstentions | Non-Votes | |||||||||||
235,562,372.032 | 4,288,911.191 | 7,570,857.868 | 84,858,715.380 | |||||||||||
Dollars
Voted |
Dollars
Voted |
Broker |
||||||||||||
For | Against | Abstentions | Non-Votes | |||||||||||
112,869,524.357 | 2,269,794.535 | 4,151,652.778 | 52,034,475.690 | |||||||||||
* | All dollars of RiverSource Income Series, Inc. are voted together as a single class for election of directors and amendments to the Articles of Incorporation. |
This
report must be accompanied or preceded by the Funds
current prospectus. The Funds are distributed by Columbia Management Investment Distributors, Inc., member FINRA, and managed by Columbia Management Investment Advisers, LLC. ©2011 Columbia Management Investment Advisers, LLC. All rights reserved. |
S-6394 H (4/11) |
Item 2. | Code of Ethics. |
(a) The Registrant has adopted a code of ethics that applies to the Registrants principal executive officer and principal financial officer. | |||
(b) During the period covered by this report, there were not any amendments to a provision of the code of ethics adopted in 2(a) above. | |||
(c) During the period covered by this report, there were no waivers, including any implicit waivers, from a provision of the code of ethics described in 2(a) above that relates to one or more of the items set forth in paragraph (b) of this items instructions. |
Item 3. | Audit Committee Financial Expert. |
The Registrants board of directors has determined that independent directors Pamela G. Carlton, Jeffrey Laikind, John F. Maher and Anne P. Jones, each qualify as audit committee financial experts. |
Item 4. | Principal Accountant Fees and Services |
(a) | Audit Fees. The fees for the years ended Jan. 31 indicated below, charged by Ernst & Young LLP for professional services rendered for the audit of the annual financial statements for RiverSource Income Series, Inc. were as follows: |
2011: $50,841 | 2010: $50,673 |
(b) | Audit-Related Fees. The fees for the years ended Jan. 31 indicated below, charged by Ernst & Young LLP for audit-related services rendered to the registrant related to the semiannual financial statement review, the transfer agent 17Ad-13 review, and other consultations and services required to complete the audit for RiverSource Income Series, Inc. were as follows: |
2011: $5,961 | 2010: $1,682 |
The fees for the years ended Jan. 31 indicated below, charged by Ernst & Young LLP for audit-related services rendered to the registrants investment adviser and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the registrant that were required to be pre-approved by the registrants audit committee related to an internal controls review performed initially in 2010 were as follows: |
2011: $96,000 | 2010: $0 |
(c) | Tax Fees. The fees for the years ended Jan. 31 indicated below, charged by Ernst & Young LLP for tax compliance related services rendered to RiverSource Income Series, Inc. were as follows: |
2011: $8,657 | 2010: $8,586 |
The fees for the years ended Jan. 31 indicated below, charged by Ernst & Young LLP for tax services rendered to the registrants investment adviser and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the registrant that were required to be pre-approved by the registrants audit committee related to tax consulting services and a subscription to a tax database were as follows: |
2011: $116,840 | 2010: $60,000 |
(d) | All Other Fees. The fees for the years ended Jan. 31 indicated below, charged by Ernst & Young LLP for additional professional services rendered to RiverSource Income Series, Inc. were as follows: |
2011: $0 | 2010: $0 |
The fees for the years ended Jan. 31 indicated below, charged by Ernst & Young LLP for other services rendered to the registrants investment adviser and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the registrant that were required to be pre-approved by the registrants audit committee were as follows: |
2011: $0 | 2010: $0 |
(e) | (2) 100% of the services performed for items (b) through (d) above during 2011 and 2010 were pre-approved by the registrants audit committee. |
(f) | Not applicable. |
(g) | Non-Audit Fees. The fees for the years ended Jan. 31 indicated below, charged by Ernst & Young LLP to the registrant for non-audit fees and to the registrants investment adviser, and any entity controlling, controlled by, or under common |
control with the adviser that provides ongoing services to the registrant were as follows: |
2011: $2,453,419 | 2010: $1,737,254 |
(h) | 100% of the services performed in item (g) above during 2011 and 2010 were pre-approved by the Ameriprise Financial Audit Committee and/or the RiverSource/Columbia Mutual Funds Audit Committee. |
Item 5. | Audit Committee of Listed Registrants. Not applicable. |
Item 6. | Investments. |
(a) | The registrants Schedule 1 Investments in securities of unaffiliated issuers (as set forth in 17 CFR 210.12-12) is included in Item 1 of this Form N-CSR. |
(b) | Not applicable. |
Item 7. | Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies. Not applicable. |
Item 8. | Portfolio Managers of Closed-End Management Investment Companies. Not applicable. |
Item 9. | Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers. Not applicable. |
Item 10. | Submission of Matters to a Vote of Security Holders. |
There were no material changes to the procedures by which shareholders may recommend nominees to the registrants board of directors. |
Item 11. | 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-CSR is accumulated and communicated to the registrants management, including 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 controls over |
financial reporting that occurred during the registrants second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting. |
Item 12. | Exhibits. |
(a)(1) Code of ethics required to be disclosed under Item 2 of Form N-CSR, is attached as Exhibit 99.CODE ETH. | ||
(a)(2) Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) attached hereto as Exhibit99.CERT. | ||
(a)(3) Not applicable. | ||
(b) Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 (17 CFR 270.30a-2(b)) attached hereto as Exhibit 99.906CERT. |
By
|
/s/ J. Kevin Connaughton | |||
President and Principal Executive Officer |
By
|
/s/ J. Kevin Connaughton | |||
President and Principal Executive Officer | ||||
Date March 23, 2011 | ||||
By
|
/s/ Michael G. Clarke | |||
Treasurer and Principal Financial Officer | ||||
Date March 23, 2011 |
1 | For purposes of this Code, the Seligman Funds (including each of the Seligman branded registered investment companies and the separate series thereof) are considered part of the RiverSource Complex of Funds. |
§ | upon adoption of the Code (or thereafter as applicable, upon becoming a Covered Officer), affirm in writing to the Boards that he or she has received, read, and understands the Code; | ||
§ | annually thereafter affirm to the Boards that he or she has complied with the requirements of the Code; | ||
§ | not retaliate against any other Covered Officer or any employee of Ameriprise for reports of potential violations that are made in good faith; and | ||
§ | notify the Funds General Counsel promptly if he or she knows of any violation of this Code. Failure to do so is itself a violation of this Code. |
§ | shall notify the Boards whenever any evidence of a material violation has been reported, it being understood that the Funds General Counsel may determine |
whether to provide such notice immediately or at the next meetings of the Boards based on the nature of the violation; | |||
§ | will take all appropriate action to investigate such reported violations; | ||
§ | shall make a determination after the investigation, and |
1. | I have reviewed this report on Form N-CSR of RiverSource Income Series, Inc.; | |
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 financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; | |
4. | The registrants other certifying officers 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 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 second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and | |
5. | The registrants other certifying officers 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. |
/s/ |
J. Kevin Connaughton | ||||
President and Principal Executive Officer |
1. | I have reviewed this report on Form N-CSR of RiverSource Income Series, Inc.; | |
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 financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; | |
4. | The registrants other certifying officers 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 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 second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and | |
5. | The registrants other certifying officers 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. |
/s/ |
Michael G. Clarke | ||||
Treasurer and Principal Financial Officer |
1. | The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and | ||
2. | The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Trust. |
Date: March 23, 2011
|
/s/ | J. Kevin Connaughton | ||||
President and Principal Executive Officer | ||||||
Date: March 23, 2011
|
/s/ | Michael G. Clarke | ||||
Treasurer and Principal Financial Officer |
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