Fund Evaluator:

Columbia Select Small Cap Value Inst Overview

Columbia Select Small Cap Value Inst (CSSZX) is an actively managed U.S. Equity Small Value fund. Columbia Threadneedle launched the fund in 2010.

The investment seeks to provide shareholders with 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 small capitalization issuers. These companies have market capitalizations in the range of companies in the Russell 2000® Value Index (the index) at the time of purchase.

About Columbia Select Small Cap Value Inst (CSSZX)

There are 2 members of the management team with an average tenure of 10.42 years: Jonas Patrikson (2018), Kari Montanus (2014). 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 Select Small Cap Value Inst has 57 securities in its portfolio. The top 10 holdings constitute 30.7% 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.

Columbia Select Small Cap Value Inst is part of the Equity global asset class and is within the U.S. Equity fund group. Columbia Select Small Cap Value Inst has 4.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 94.2%. There is 4.5% 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 Select Small Cap Value Inst has 1.4% of the portfolio in cash.

Assets Under Management

The fund has $33 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.

CSSZX 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 Select Small Cap Value Inst expense ratio is high compared to funds in the Small Value category. Columbia Select Small Cap Value Inst has an expense ratio of 0.97%, which is 17% 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 Select Small Cap Value Inst has a portfolio turnover rate of 20%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 128% for the Small Value category.

Recently, in the month of July 2026, Columbia Select Small Cap Value Inst returned 0.3%, 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 Select Small Cap Value Inst has a trailing yield of 0.68%, which is below the 0.77% 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 Select Small Cap Value Inst Grades

Year to date, the fund has returned 28.1%, 8.0 percentage points better than the category, which translates into a grade of A. The fund has returned 38.6% over the past year (grade of B), 14.8% over the past three years (grade of B) and 9.3% per year over the past five years (grade of C) and 10.3% per year over the past 10 years (grade of B).

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