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

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The chart shows the growth of an initial investment of $10,000 in Columbia Seligman Technology and Information Fund Institutional 2 Class, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) has returned 0.24% so far this year and 58.63% over the past 12 months. Looking at the last ten years, SCMIX has achieved an annualized return of 22.57%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Jan 2, 2002, SCMIX's average daily return is +0.06%, while the average monthly return is +1.29%. At this rate, your investment would double in approximately 4.5 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +19.0%, 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 6.66%, beta of 1.09, and R² of 0.78 versus S&P 500 Index. Calculated based on daily prices since January 03, 2002.

• This fund captured 145.56% of S&P 500 Index gains and 109.85% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 6.66% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 1.09 and R² of 0.78, 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 91 for risk / return — in the top 91% 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.

The table below present risk-adjusted performance metrics for Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) and compare them to a chosen benchmark (S&P 500 Index).

Columbia Seligman Technology and Information Fund Institutional 2 Class provided a 7.91% 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 current Columbia Seligman Technology and Information Fund Institutional 2 Class drawdown is 11.91%.

The chart below shows the rolling one-month volatility.