Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX)

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Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) is up 59.4% since the beginning of the year. SCMIX is currently trading at $305 per share. Investors who bought $1,000 worth of SCMIX shares 5 years ago would now be looking at an investment worth $3,301.

Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) has returned 59.42% so far this year and 122.57% over the past 12 months. Looking at the last ten years, SCMIX has achieved an annualized return of 28.59%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.

Based on dividend-adjusted daily data since Jan 2, 2002, SCMIX's average daily return is +0.07%, while the average monthly return is +1.45%. At this rate, an investment would double in approximately 4.0 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2026 with a return of +28.4%, while the worst month was Oct 2008 at -17.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.

On a daily basis, SCMIX closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +12.7%, while the worst single day was Mar 16, 2020 at -14.3%.

Columbia Seligman Technology and Information Fund Institutional 2 Class has an annualized alpha of 7.80%, beta of 1.10, and R2 of 0.77 versus S&P 500 Index. Calculated based on daily prices since January 02, 2002.

• This fund captured 149.20% of S&P 500 Index gains and 108.27% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 7.80% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• With beta of 1.10 and R2 of 0.77, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

SCMIX has an expense ratio of 0.89%, placing it in the medium range.

SCMIX ranks 96 for risk / return — in the top 96% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

Columbia Seligman Technology and Information Fund Institutional 2 Class provided a 4.98% dividend yield over the last twelve months, with an annual payout of $15.20 per share.

The table displays the monthly dividend distributions for Columbia Seligman Technology and Information Fund Institutional 2 Class. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Columbia Seligman Technology and Information Fund Institutional 2 Class. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Columbia Seligman Technology and Information Fund Institutional 2 Class was 50.85%, occurring on Oct 7, 2002. Recovery took 700 trading sessions.

The chart below shows the rolling one-month volatility.