Fund Evaluator:

Multi-Manager Value Strategies Inst Overview

Multi-Manager Value Strategies Inst (CZMVX) is an actively managed U.S. Equity Large Value fund. Columbia Threadneedle launched the fund in 2017.

The investment seeks to provide shareholders with growth of capital and income. The fund's assets primarily are invested in equity securities. These equity securities generally include common stocks, but may also include preferred stocks and convertible securities. It may invest in companies that have market capitalizations of any size. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of “value” companies. The fund may invest up to 25% of its net assets in foreign investments.

About Multi-Manager Value Strategies Inst (CZMVX)

There are 11 members of the management team with an average tenure of 2.31 years: John Bailer (2026), Brian Ferguson (2026), Michael Barclay (2016), Mitchell Firestein (2025), Eduardo Repetto (2025), Ted Randall (2025), Tara Gately (2021), Keith Howell Jr. (2026), Matthew Dubin (2025), Andrew Wright (2024), Daniel Ong (2025). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: Russell 1000 TR USD index with a weighting of 100% and Russell 1000 Value TR USD index with a weighting of 100%. Multi-Manager Value Strategies Inst has 300 securities in its portfolio. The top 10 holdings constitute 47.8% 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.

Multi-Manager Value Strategies Inst is part of the Equity global asset class and is within the U.S. Equity fund group. Multi-Manager Value Strategies Inst has 1.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.4%. 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 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Multi-Manager Value Strategies Inst has 0.9% of the portfolio in cash.

Assets Under Management

The fund has $5 billion in total assets, which is above the $1 billion average for the Large 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.

CZMVX 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 Multi-Manager Value Strategies Inst expense ratio is above average compared to funds in the Large Value category. Multi-Manager Value Strategies Inst has an expense ratio of 0.68%, 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. Multi-Manager Value Strategies Inst has a portfolio turnover rate of 37%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 64% for the Large Value category.

Recently, in the month of October 2026, Multi-Manager Value Strategies Inst returned 4.8%, which earned it a grade of C, as the Large Value category had an average return of 4.5%. 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.

Multi-Manager Value Strategies Inst has a trailing yield of 1.03%, which is below the 1.17% category average. The fund normally distributes its income quarterly 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.

Multi-Manager Value Strategies Inst Grades

Year to date, the fund has returned 16.5%, 0.2 percentage points worse than the category, which translates into a grade of C. The fund has returned 20.8% over the past year (grade of C), 19.0% over the past three years (grade of D) and 9.5% per year over the past five years (grade of D) and 11.9% per year over the past 10 years (grade of C).

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