Fund Evaluator:

Columbia Sm Cp Val and Inflection S Overview

Columbia Sm Cp Val and Inflection S (NSVBX) is an actively managed U.S. Equity Small Value fund. Columbia Threadneedle launched the fund in 2024.

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 at the time of purchase that the fund's investment manager believes are undervalued and have the potential for long-term growth. It may invest up to 20% of its total assets in foreign securities, including depositary receipts. The fund normally invests in common stocks and also may invest in real estate investment trusts.

About Columbia Sm Cp Val and Inflection S (NSVBX)

There are 2 members of the management team with an average tenure of 2.73 years: Jeremy Javidi (2023), 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 Sm Cp Val and Inflection S has 104 securities in its portfolio. The top 10 holdings constitute 18.1% 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 Sm Cp Val and Inflection S is part of the Equity global asset class and is within the U.S. Equity fund group. Columbia Sm Cp Val and Inflection S has 4.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 93.0%. There is 4.1% 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 Sm Cp Val and Inflection S has 2.9% of the portfolio in cash.

Assets Under Management

The fund has $60 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.

NSVBX 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 Sm Cp Val and Inflection S expense ratio is high compared to funds in the Small Value category. Columbia Sm Cp Val and Inflection S has an expense ratio of 0.95%, which is 19% 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 Sm Cp Val and Inflection S has a portfolio turnover rate of 115%, 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 Sm Cp Val and Inflection S returned 0.7%, 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 Sm Cp Val and Inflection S has a trailing yield of 0.64%, 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 Sm Cp Val and Inflection S Grades

Year to date, the fund has returned 25.1%, 5.0 percentage points better than the category, which translates into a grade of A. The fund has returned 38.5% over the past year (grade of B), 15.7% over the past three years (grade of B) and 10.2% per year over the past five years (grade of B) and 10.8% per year over the past 10 years (grade of B).

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