Fund Evaluator:
Column Mid Cap (CFMCX)
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Best Performing in Mid-Cap Blend Over the Last Year
| 67.2% | Paradigm Select (PFSLX) |
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| 32.4% | Fidelity Advisor Mid Cap II Z (FZAMX) |
| 31.5% | Vanguard Strategic Equity Inv (VSEQX) |
| 29.8% | CRM All Cap Value Inv (CRMEX) |
Fund Details
Column Mid Cap Overview
Column Mid Cap (CFMCX) is an actively managed U.S. Equity Mid-Cap Blend fund. Column Funds launched the fund in 2023.
The investment seeks long-term capital appreciation. Under normal market conditions, the fund will invest at least 80% of net assets in stocks of mid-capitalization companies. The fund manager considers a company to be a mid-cap company if it has a market capitalization within the collective range of the Russell MidCap® Index and the S&P MidCap 400® Index. As of September 30, 2023, this range was approximately $1.1 billion to $53.5 billion. The market capitalization range of these indices changes over time.
About Column Mid Cap (CFMCX)
There are 16 members of the management team with an average tenure of 2.45 years: Steven Pollack (2023), Justin Livengood (2023), Kevin Toney (2023), Brian Woglom (2023), Craig Stone (2023), Daniel Ong (2023), Chris Wright (2026), Jon Christensen (2023), Mitchell Firestein (2023), Eduardo Repetto (2023), Ted Randall (2023), Paul Viera (2023), Matthew Dubin (2025), Nathan Rawlins (2023), Tim Collard (2023), Ronald Zibelli (2023). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) index with a weighting of 100% and Russell Mid Cap TR USD index with a weighting of 100%. Column Mid Cap has 668 securities in its portfolio. The top 10 holdings constitute 12.7% 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.
Column Mid Cap is part of the Equity global asset class and is within the U.S. Equity fund group. Column Mid Cap has 3.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 93.6%. There is 3.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Column Mid Cap has 3.0% of the portfolio in cash.
Assets Under Management
The fund has $1 billion in total assets, which is below the $1 billion average for the Mid-Cap Blend 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.
CFMCX 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 Column Mid Cap expense ratio is average compared to funds in the Mid-Cap Blend category. Column Mid Cap has an expense ratio of 0.49%, which is 50% lower than its category average, making the fund expense ratio grade a A. 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. A portfolio turnover rate cannot be currently calculated for Column Mid Cap. By way of comparison, the average portfolio turnover is 51% for the Mid-Cap Blend category.
Recently, in the month of July 2026, Column Mid Cap returned -0.9%, which earned it a grade of B, as the Mid-Cap Blend category had an average return of -1.8%. 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.
Column Mid Cap has a trailing yield of 0.76%, which is above the 0.48% category average. The fund normally distributes its income annually and its capital gains 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.
Column Mid Cap Grades
Year to date, the fund has returned 12.9%, 0.1 percentage points worse than the category, which translates into a grade of D. The fund has returned 17.0% over the past year (grade of C).
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CFMCX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| CFMCX Return (NAV) | -0.9% | 2.7% | 17.0% | na | na | na |
| CFMCX Grade | B | D | C | na | na | na |
| +/- Category | 1.0% | -1.1% | -0.8% | na | na | na |
| Mid-Cap Blend Avg | -1.8% | 3.9% | 17.8% | 12.7% | 7.6% | 10.3% |
| CFMCX Tax Cost Ratio | na | na | 1.8% | na | na | na |
CFMCX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CFMCX Return (NAV) | 12.9% | 8.0% | 12.1% | na | na | na | na | na | na | na | na |
| CFMCX Grade | D | C | D | na | na | na | na | na | na | na | na |
| +/- Category | -0.1% | 0.1% | -1.4% | na | na | na | na | na | na | na | na |
| Mid-Cap Blend Avg | 13.0% | 7.9% | 13.5% | 16.4% | -15.1% | 24.3% | 13.3% | 28.5% | -10.3% | 16.1% | 14.6% |
| Risk Measures | |
| Standard Deviation: | na |
| Total Risk Index: | na |
| Category Risk Index: | na |
| Category Risk Grade: | |
| Beta: | na |
| R-Squared: | na |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.8% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1115 Mil |
| Fund Total Assets: | $1,115 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | na |
Management Team
| Number of Managers: 16 | |||
| Longest Tenure: 2.6 years | |||
| Average Tenure: 2.4 years | |||
| Managers (Year): Pollack Steven (2023), Livengood Justin (2023), Toney Kevin (2023), Woglom Brian (2023), Stone Craig (2023), Ong Daniel (2023), Christensen Jon (2023), Firestein Mitchell (2023), Repetto Eduardo (2023), Randall Ted (2023), Viera Paul (2023), Rawlins Nathan (2023), Collard Tim (2023), Zibelli Ronald (2023), Dubin Matthew (2025), Wright Chris (2026) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 668 |
| % in Top 10 Holdings: | 12.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 3.4% |
Portfolio Allocation |
|
| Domestic Stock: | 93.6% |
| Foreign Stock: | 3.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 3.0% |
Purchase Information
| Fund Family: | Column Funds |
| Phone Number: | 866-950-4644 |
| Website: |
| Status: | Open |
| Inception Date: | December 11, 2023 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.49% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 0.98% |
| Share Class: | Column Mid Cap |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
