Fund Evaluator:
Columbia Global Technology Growth Inst (CMTFX)
Follow This Fund
Best Performing in Technology Over the Last Year
| 98.0% | Fidelity Select Tech Hardware (FDCPX) |
| 94.3% | Rydex Electronics Inv (RYSIX) |
| 84.8% | Fidelity Advisor Semiconductors Z (FIKGX) |
| 84.6% | Fidelity Advisor Semiconductors I (FELIX) |
| 83.4% | Berkshire Focus (BFOCX) |
Fund Details
Columbia Global Technology Growth Inst Overview
Columbia Global Technology Growth Inst (CMTFX) is an actively managed Sector Equity Technology fund. Columbia Threadneedle launched the fund in 2000.
The investment seeks capital appreciation. The fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities (including, but not limited to, common stocks, preferred stocks and securities convertible into common or preferred stocks) of technology companies that may benefit from technological improvements, advancements or developments. It invests at least 25% of the value of its total net assets at the time of purchase in the securities of issuers conducting their principal business activities in the technology and related group of industries.
About Columbia Global Technology Growth Inst (CMTFX)
There are 1 members of the management team with an average tenure of 14.05 years: Rahul Narang (2012). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: S&P Global 1200 Information Tech NR USD index with a weighting of 100%. Columbia Global Technology Growth Inst has 103 securities in its portfolio. The top 10 holdings constitute 60.5% 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 Global Technology Growth Inst is part of the Equity global asset class and is within the Sector Equity fund group. Columbia Global Technology Growth Inst has 11.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 87.5%. There is 11.2% 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). Columbia Global Technology Growth Inst has 1.3% of the portfolio in cash.
Assets Under Management
The fund has $2 billion in total assets, which is above the $1 billion average for the Technology 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.
CMTFX 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 Global Technology Growth Inst expense ratio is high compared to funds in the Technology category. Columbia Global Technology Growth Inst has an expense ratio of 0.91%, which is 26% 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 Global Technology Growth Inst has a portfolio turnover rate of 6%, indicating that holds its assets around 0.2 years. By way of comparison, the average portfolio turnover is 78% for the Technology category.
Recently, in the month of July 2026, Columbia Global Technology Growth Inst returned -8.9%, which earned it a grade of C, as the Technology category had an average return of -8.6%. 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 Global Technology Growth Inst has a trailing yield of 0.00%, which is below the 0.05% 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.
Columbia Global Technology Growth Inst Grades
Year to date, the fund has returned 19.1%, 2.3 percentage points worse than the category, which translates into a grade of C. The fund has returned 31.0% over the past year (grade of C), 28.4% over the past three years (grade of C) and 16.7% per year over the past five years (grade of B) and 23.1% per year over the past 10 years (grade of B).
For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Columbia Global Technology Growth Inst, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
CMTFX 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 |
|
| CMTFX Return (NAV) | -8.9% | 6.7% | 31.0% | 28.4% | 16.7% | 23.1% |
| CMTFX Grade | C | D | C | C | B | B |
| +/- Category | -0.3% | -0.1% | -3.6% | 1.6% | 4.0% | 2.3% |
| Technology Avg | -8.6% | 6.8% | 34.7% | 26.9% | 12.7% | 20.8% |
| CMTFX Tax Cost Ratio | na | na | 0.7% | 0.5% | 0.7% | 0.7% |
CMTFX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CMTFX Return (NAV) | 19.1% | 25.1% | 31.7% | 56.8% | -34.5% | 23.2% | 49.8% | 42.4% | -1.1% | 43.3% | 13.0% |
| CMTFX Grade | C | B | C | B | B | B | C | C | B | B | B |
| +/- Category | -2.3% | 0.4% | 3.4% | 7.2% | 3.6% | 6.0% | -7.0% | 1.1% | 2.8% | 6.0% | 2.2% |
| Technology Avg | 21.4% | 24.7% | 28.3% | 49.6% | -38.2% | 17.2% | 56.9% | 41.2% | -3.9% | 37.4% | 10.8% |
| Risk Measures | |
| Standard Deviation: | 22.0% |
| Total Risk Index: | 1.80 - High |
| Category Risk Index: | 0.87 - Below Average |
| Category Risk Grade: | B (26% Rank) |
| Beta: | 1.45 |
| R-Squared: | 70% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $5178 Mil |
| Fund Total Assets: | $2,209 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 6% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 14.1 years | |||
| Average Tenure: 14.1 years | |||
| Managers (Year): Narang Rahul (2012) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 103 |
| % in Top 10 Holdings: | 60.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 11.2% |
Portfolio Allocation |
|
| Domestic Stock: | 87.5% |
| Foreign Stock: | 11.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.3% |
Purchase Information
| Fund Family: | Columbia Threadneedle |
| Phone Number: | 800-345-6611 |
| Website: | www.columbiathreadneedleus.com |
| Status: | Open |
| Inception Date: | November 9, 2000 |
| Min. Initial Purchase: | $2,000 |
| 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: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.91% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.23% |
| Share Class: | Columbia Global Technology Growth Inst |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
