Fund Evaluator:
Columbia Small Cap Value Discv C (CSSCX)
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Fund Details
Columbia Small Cap Value Discv C Overview
Columbia Small Cap Value Discv C (CSSCX) is an actively managed U.S. Equity Small Value fund. Columbia Threadneedle launched the fund in 1996.
The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of companies that have market capitalizations in the range of the companies in the Russell 2000 Value Index (the index) at the time of purchase, that the fund's investment manager believes are undervalued. It may invest up to 20% of its total assets in foreign securities.
About Columbia Small Cap Value Discv C (CSSCX)
There are 2 members of the management team with an average tenure of 11.87 years: Jeremy Javidi (2005), Bryan Lassiter (2023). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell 2000 Value TR USD index with a weighting of 100%. Columbia Small Cap Value Discv C has 222 securities in its portfolio. The top 10 holdings constitute 11.6% 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 Small Cap Value Discv C is part of the Equity global asset class and is within the U.S. Equity fund group. Columbia Small Cap Value Discv C has 4.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 95.6%. There is 4.0% 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 Small Cap Value Discv C has 0.5% of the portfolio in cash.
Assets Under Management
The fund has $12 million in total assets, which is below the $417 million average for the Small Value 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.
CSSCX 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 Small Cap Value Discv C expense ratio is high compared to funds in the Small Value category. Columbia Small Cap Value Discv C has an expense ratio of 1.95%, which is 67% higher than its category average, making the fund expense ratio grade a F. 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 Small Cap Value Discv C has a portfolio turnover rate of 67%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 128% for the Small Value category.
Recently, in the month of July 2026, Columbia Small Cap Value Discv C returned 0.5%, which earned it a grade of B, as the Small Value category had an average return of -0.4%. 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 Small Cap Value Discv C has a trailing yield of 2.21%, which is above the 0.77% category average. The fund normally distributes its income semi-annually 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 Small Cap Value Discv C Grades
Year to date, the fund has returned 19.5%, 0.7 percentage points worse than the category, which translates into a grade of C. The fund has returned 37.2% over the past year (grade of B), 15.6% over the past three years (grade of B) and 10.7% per year over the past five years (grade of A) and 11.1% per year over the past 10 years (grade of A).
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CSSCX 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 |
|
| CSSCX Return (NAV) | 0.5% | 8.4% | 37.2% | 15.6% | 10.7% | 11.1% |
| CSSCX Grade | B | B | B | B | A | A |
| +/- Category | 0.9% | 2.0% | 6.6% | 2.2% | 1.6% | 1.2% |
| Small Value Avg | -0.4% | 6.4% | 30.6% | 13.4% | 9.1% | 9.9% |
| CSSCX Tax Cost Ratio | na | na | 8.3% | 5.0% | 4.4% | 3.3% |
CSSCX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CSSCX Return (NAV) | 19.5% | 13.7% | 7.8% | 20.5% | -9.5% | 27.8% | 7.0% | 20.0% | -18.9% | 13.1% | 31.4% |
| CSSCX Grade | C | A | D | A | B | D | B | D | F | A | A |
| +/- Category | -0.7% | 7.1% | -1.9% | 4.7% | 0.8% | -2.4% | 3.0% | -3.0% | -4.2% | 2.8% | 6.6% |
| Small Value Avg | 20.1% | 6.6% | 9.7% | 15.8% | -10.3% | 30.3% | 4.1% | 23.0% | -14.7% | 10.2% | 24.7% |
| Risk Measures | |
| Standard Deviation: | 18.9% |
| Total Risk Index: | 1.54 - High |
| Category Risk Index: | 1.04 - Above Average |
| Category Risk Grade: | D (73% Rank) |
| Beta: | 1.07 |
| R-Squared: | 55% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Value |
| Bond Investment Style: | na |
| Yield: | 2.2% |
| Dividend Distribution: | Semi-Annually |
| Cap Gains Distribution: | Semi-Annually |
| Total Assets: | $2496 Mil |
| Fund Total Assets: | $ 13 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 67% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 21.0 years | |||
| Average Tenure: 11.9 years | |||
| Managers (Year): Javidi Jeremy (2005), Lassiter Bryan (2023) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 222 |
| % in Top 10 Holdings: | 11.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 4.0% |
Portfolio Allocation |
|
| Domestic Stock: | 95.6% |
| Foreign Stock: | 4.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.5% |
Purchase Information
| Fund Family: | Columbia Threadneedle |
| Phone Number: | 800-345-6611 |
| Website: | www.columbiathreadneedleus.com |
| Status: | Open |
| Inception Date: | January 15, 1996 |
| Min. Initial Purchase: | $2,000 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 1.95% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.17% |
| Share Class: | Columbia Small Cap Value Discv A |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
