Fund Evaluator:

Columbia Capital Allocation Cnsrv Inst Overview

Columbia Capital Allocation Cnsrv Inst (CBVZX) is an actively managed Allocation Conservative Allocation fund. Columbia Threadneedle launched the fund in 2010.

The investment seeks the highest level of total return that is consistent with a conservative level of risk. The fund is primarily managed as a fund that invests in other funds (i.e., a “fund-of-funds”) that seeks to achieve its investment objective by investing under normal circumstances in a combination of underlying funds, including exchange-traded funds (ETFs), for which Columbia Management Investment Advisers, LLC (the Investment Manager) or an affiliate serves as investment adviser or principal underwriter (the affiliated underlying funds).

About Columbia Capital Allocation Cnsrv Inst (CBVZX)

There are 2 members of the management team with an average tenure of 6.65 years: Daniel Boncarosky (2017), Thomas Nakamura (2022). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Russell 3000 TR USD index with a weighting of 100%. Columbia Capital Allocation Cnsrv Inst has 56 securities in its portfolio. The top 10 holdings constitute 88.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Columbia Capital Allocation Cnsrv Inst is part of the Allocation global asset class and is within the Allocation fund group. Columbia Capital Allocation Cnsrv Inst has 8.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 24.6%. There is 1.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 50.5% (44.2% domestic bond, 6.2% foreign bond and 0.0% convertible bond). Columbia Capital Allocation Cnsrv Inst has 19.5% of the portfolio in cash.

Assets Under Management

The fund has $15 million in total assets, which is below the $107 million average for the Conservative Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

CBVZX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Columbia Capital Allocation Cnsrv Inst expense ratio is above average compared to funds in the Conservative Allocation category. Columbia Capital Allocation Cnsrv Inst has an expense ratio of 0.70%, which is 41% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Columbia Capital Allocation Cnsrv Inst has a portfolio turnover rate of 31%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 100% for the Conservative Allocation category.

Recently, in the month of June 2026, Columbia Capital Allocation Cnsrv Inst returned 0.0%, which earned it a grade of D, as the Conservative Allocation category had an average return of 0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Columbia Capital Allocation Cnsrv Inst has a trailing yield of 3.47%, which is below the 3.52% category average. The fund normally distributes its income quarterly and its capital gains semi-annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Columbia Capital Allocation Cnsrv Inst Grades

Year to date, the fund has returned 3.7%, 0.1 percentage points better than the category, which translates into a grade of C. The fund has returned 9.2% over the past year (grade of C), 8.2% over the past three years (grade of C) and 2.9% per year over the past five years (grade of C) and 4.1% per year over the past 10 years (grade of D).

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