NPORT-EX 3 nportpoi_capallocation.htm EDGAR HTML
 
Columbia Capital Allocation Portfolios
First Quarter Report
April 30, 2025 (Unaudited)
Columbia Capital Allocation Conservative Portfolio
Columbia Capital Allocation Moderate Conservative Portfolio
Columbia Capital Allocation Moderate Portfolio
Columbia Capital Allocation Moderate Aggressive Portfolio
Columbia Capital Allocation Aggressive Portfolio
  
Not FDIC or NCUA Insured
No Financial Institution Guarantee
May Lose Value
Portfolio of Investments
Columbia Capital Allocation Conservative Portfolio, April 30, 2025 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
 
 
Equity Funds 19.0%
 
Shares
Value ($)
International 4.9%
Columbia Overseas Core Fund, Institutional 3 Class(a)
661,735
7,464,373
U.S. Large Cap 13.5%
Columbia Contrarian Core Fund, Institutional 3 Class(a)
187,358
6,458,230
Columbia Disciplined Core Fund, Institutional 3
Class(a)
398,643
5,473,373
Columbia Large Cap Growth Fund, Institutional 3
Class(a),(b)
23,406
1,648,473
Columbia Large Cap Value Fund, Institutional 3
Class(a)
73,544
1,189,940
Columbia Select Large Cap Equity Fund, Institutional 3
Class(a)
279,522
5,475,838
Total
20,245,854
U.S. Small Cap 0.6%
Columbia Select Small Cap Value Fund, Institutional 3
Class(a)
22,092
448,469
Columbia Small Cap Growth Fund, Institutional 3
Class(a),(b)
17,840
457,589
Total
906,058
Total Equity Funds
(Cost $27,257,756)
28,616,285
 
Fixed Income Funds 69.9%
 
 
 
Emerging Markets 2.0%
Columbia Emerging Markets Bond Fund, Institutional 3
Class(a)
313,392
2,967,821
Fixed Income Funds (continued)
 
Shares
Value ($)
High Yield 7.4%
Columbia High Yield Bond Fund, Institutional 3
Class(a)
1,026,607
11,138,687
Investment Grade 60.5%
Columbia Bond Fund, Institutional 3 Class(a)
1,004,722
30,081,377
Columbia Corporate Income Fund, Institutional 3
Class(a)
1,941,664
17,610,891
Columbia Quality Income Fund, Institutional 3 Class(a)
1,178,971
21,398,316
Columbia U.S. Treasury Index Fund, Institutional 3
Class(a)
2,164,919
21,735,788
Total
90,826,372
Total Fixed Income Funds
(Cost $115,940,781)
104,932,880
 
Money Market Funds 10.4%
 
 
 
Columbia Short-Term Cash Fund, 4.503%(a),(c)
15,576,082
15,571,409
Total Money Market Funds
(Cost $15,571,720)
15,571,409
Total Investments in Securities
(Cost: $158,770,257)
149,120,574
Other Assets & Liabilities, Net
1,072,172
Net Assets
150,192,746
At April 30, 2025, securities and/or cash totaling $1,234,832 were pledged as collateral.
Investments in derivatives 
Forward foreign currency exchange contracts
Currency to
be sold
Currency to
be purchased
Counterparty
Settlement
date
Unrealized
appreciation ($)
Unrealized
depreciation ($)
5,994,000 SEK
622,365 USD
Barclays
05/09/2025
1,949
—
1,550,305 USD
2,465,000 AUD
Barclays
05/09/2025
28,772
—
2,634,000 NZD
1,510,383 USD
Citi
05/09/2025
—
(54,545
)
834,703 USD
8,783,000 NOK
Citi
05/09/2025
9,543
—
1,175,000 GBP
1,574,459 USD
HSBC
05/09/2025
8,498
—
114,470,000 JPY
760,616 USD
Morgan Stanley
05/09/2025
—
(40,639
)
8,444,000 SEK
835,700 USD
Morgan Stanley
05/09/2025
—
(38,306
)
815,232 USD
671,000 CHF
Morgan Stanley
05/09/2025
—
(1,533
)
764,393 USD
114,470,000 JPY
Morgan Stanley
05/09/2025
36,861
—
732,000 EUR
833,807 USD
State Street
05/09/2025
4,198
—
797,250 USD
617,000 GBP
State Street
05/09/2025
25,046
—
2
Columbia Capital Allocation Conservative Portfolio | 2025
Portfolio of Investments  (continued)
Columbia Capital Allocation Conservative Portfolio, April 30, 2025 (Unaudited)
Forward foreign currency exchange contracts (continued)
Currency to
be sold
Currency to
be purchased
Counterparty
Settlement
date
Unrealized
appreciation ($)
Unrealized
depreciation ($)
2,088,000 CHF
2,375,932 USD
UBS
05/09/2025
—
(156,115
)
1,614,325 USD
1,417,000 CHF
UBS
05/09/2025
104,022
—
751,195 USD
1,039,000 CAD
Wells Fargo
05/09/2025
2,748
—
792,407 USD
732,000 EUR
Wells Fargo
05/09/2025
37,201
—
678,960 USD
7,117,000 NOK
Wells Fargo
05/09/2025
5,145
—
Total
 
 
263,983
(291,138
)
 
Long futures contracts
Description
Number of
contracts
Expiration
date
Trading
currency
Notional
amount
Value/Unrealized
appreciation ($)
Value/Unrealized
depreciation ($)
IBEX 35 Index
20
05/2025
EUR
2,649,440
179,296
—
MSCI Emerging Markets Index
27
06/2025
USD
1,498,500
—
(48,365
)
Russell 2000 Index E-mini
5
06/2025
USD
492,450
—
(26,698
)
S&P 500 Index E-mini
4
06/2025
USD
1,117,400
—
(21,067
)
S&P/TSX 60 Index
13
06/2025
CAD
3,887,000
38,695
—
U.S. Treasury 10-Year Note
57
06/2025
USD
6,396,469
111,096
—
U.S. Treasury Ultra Bond
12
06/2025
USD
1,452,375
—
(9,024
)
Total
 
 
 
329,087
(105,154
)
 
Short futures contracts
Description
Number of
contracts
Expiration
date
Trading
currency
Notional
amount
Value/Unrealized
appreciation ($)
Value/Unrealized
depreciation ($)
Euro STOXX 50 Index
(24)
06/2025
EUR
(1,225,680
)
50,805
—
FTSE 100 Index
(13)
06/2025
GBP
(1,100,320
)
35,052
—
FTSE/MIB Index
(15)
06/2025
EUR
(2,779,650
)
80,959
—
MSCI EAFE Index
(9)
06/2025
USD
(1,122,615
)
—
(14,497
)
Total
 
 
 
166,816
(14,497
)
 
Total return swap contracts
Fund receives
Fund pays
Payment
frequency
Counterparty
Maturity
date
Notional
currency
Notional
amount
Value
($)
Periodic
payments
receivable
(payable)
($)
Upfront
payments
($)
Upfront
receipts
($)
Unrealized
appreciation
($)
Unrealized
depreciation
($)
SOFR plus 0.550%
Total return on
Russell 1000
Growth Index
Monthly
Goldman Sachs
International
03/31/2026
USD
1,508,169
(832
)
5,951
—
—
5,119
—
Total return on
Russell 1000 Value
Index
SOFR plus 0.750%
Monthly
Goldman Sachs
International
03/31/2026
USD
1,506,928
(54,869
)
(5,946
)
—
—
—
(60,815
)
Total
 
 
 
 
 
(55,701
)
5
—
—
5,119
(60,815
)
 
Reference index and values for swap contracts as of period end
Reference index
 
Reference rate
SOFR
Secured Overnight Financing Rate
4.360%
Columbia Capital Allocation Conservative Portfolio | 2025
3
Portfolio of Investments  (continued)
Columbia Capital Allocation Conservative Portfolio, April 30, 2025 (Unaudited)
Notes to Portfolio of Investments 
(a)
Under Section 2(a)(3) of the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended April 30, 2025 are as follows:
 
Affiliated issuers
Beginning
of period($)
Purchases($)
Sales($)
Net change in
unrealized
appreciation
(depreciation)($)
End of
period($)
Capital gain
distributions($)
Realized gain
(loss)($)
Dividends —
affiliated
issuers ($)
End of
period shares
Columbia Bond Fund, Institutional 3 Class
 
30,336,055
354,383
(1,592,594
)
983,533
30,081,377
—
(280,449
)
312,573
1,004,722
Columbia Contrarian Core Fund, Institutional 3 Class
 
7,103,458
178,320
(198,752
)
(624,796
)
6,458,230
—
36,608
—
187,358
Columbia Corporate Income Fund, Institutional 3 Class
 
17,822,544
229,334
(581,861
)
140,874
17,610,891
—
(100,621
)
204,939
1,941,664
Columbia Disciplined Core Fund, Institutional 3 Class
 
5,972,565
153,126
(61,123
)
(591,195
)
5,473,373
—
3,048
—
398,643
Columbia Emerging Markets Bond Fund, Institutional 3 Class
 
2,985,423
47,347
(52,527
)
(12,422
)
2,967,821
—
(9,354
)
36,891
313,392
Columbia High Yield Bond Fund, Institutional 3 Class
 
11,351,611
198,272
(261,818
)
(149,378
)
11,138,687
—
(25,493
)
163,071
1,026,607
Columbia Large Cap Growth Fund, Institutional 3 Class
 
1,618,000
229,717
(20,189
)
(179,055
)
1,648,473
—
3,874
—
23,406
Columbia Large Cap Value Fund, Institutional 3 Class
 
1,269,576
4,051
—
(83,687
)
1,189,940
—
—
4,051
73,544
Columbia Overseas Core Fund, Institutional 3 Class
 
7,556,514
43,922
(684,565
)
548,502
7,464,373
—
82,761
—
661,735
Columbia Quality Income Fund, Institutional 3 Class
 
21,580,422
255,058
(1,525,050
)
1,087,886
21,398,316
—
(282,127
)
211,785
1,178,971
Columbia Select Large Cap Equity Fund, Institutional 3 Class
 
6,006,193
157,411
(55,861
)
(631,905
)
5,475,838
—
8,311
—
279,522
Columbia Select Small Cap Value Fund, Institutional 3 Class
 
477,435
51,008
(6,687
)
(73,287
)
448,469
—
(271
)
—
22,092
Columbia Short-Term Cash Fund, 4.503%
 
16,168,270
2,329,136
(2,922,454
)
(3,543
)
15,571,409
—
360
167,923
15,576,082
Columbia Small Cap Growth Fund, Institutional 3 Class
 
501,090
48,448
(8,484
)
(83,465
)
457,589
—
(2,067
)
—
17,840
Columbia U.S. Treasury Index Fund, Institutional 3 Class
 
21,979,226
221,886
(1,015,765
)
550,441
21,735,788
—
(111,370
)
192,338
2,164,919
Total
152,728,382
878,503
149,120,574
—
(676,790
)
1,293,571
 
(b)
Non-income producing investment.
(c)
The rate shown is the seven-day current annualized yield at April 30, 2025.
Currency Legend 
AUD
Australian Dollar
CAD
Canada Dollar
CHF
Swiss Franc
EUR
Euro
GBP
British Pound
JPY
Japanese Yen
NOK
Norwegian Krone
4
Columbia Capital Allocation Conservative Portfolio | 2025
Portfolio of Investments  (continued)
Columbia Capital Allocation Conservative Portfolio, April 30, 2025 (Unaudited)
Currency Legend (continued)
NZD
New Zealand Dollar
SEK
Swedish Krona
USD
US Dollar
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Capital Allocation Conservative Portfolio | 2025
5
Portfolio of Investments
Columbia Capital Allocation Moderate Conservative Portfolio, April 30, 2025 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
 
 
Equity Funds 34.0%
 
Shares
Value ($)
International 9.2%
Columbia Overseas Core Fund, Institutional 3 Class(a)
2,650,953
29,902,749
U.S. Large Cap 23.6%
Columbia Contrarian Core Fund, Institutional 3 Class(a)
679,081
23,407,909
Columbia Disciplined Core Fund, Institutional 3
Class(a)
1,653,838
22,707,193
Columbia Large Cap Growth Fund, Institutional 3
Class(a),(b)
72,545
5,109,372
Columbia Large Cap Value Fund, Institutional 3
Class(a)
202,784
3,281,049
Columbia Select Large Cap Equity Fund, Institutional 3
Class(a)
1,157,025
22,666,121
Total
77,171,644
U.S. Small Cap 1.2%
Columbia Select Small Cap Value Fund, Institutional 3
Class(a)
96,827
1,965,586
Columbia Small Cap Growth Fund, Institutional 3
Class(a),(b)
77,203
1,980,268
Total
3,945,854
Total Equity Funds
(Cost $103,788,632)
111,020,247
 
Fixed Income Funds 60.5%
 
 
 
Emerging Markets 1.5%
Columbia Emerging Markets Bond Fund, Institutional 3
Class(a)
516,694
4,893,090
Fixed Income Funds (continued)
 
Shares
Value ($)
High Yield 8.0%
Columbia High Yield Bond Fund, Institutional 3
Class(a)
2,419,782
26,254,635
Investment Grade 51.0%
Columbia Bond Fund, Institutional 3 Class(a)
1,654,759
49,543,475
Columbia Corporate Income Fund, Institutional 3
Class(a)
3,855,177
34,966,458
Columbia Quality Income Fund, Institutional 3 Class(a)
2,303,427
41,807,193
Columbia U.S. Treasury Index Fund, Institutional 3
Class(a)
4,020,160
40,362,408
Total
166,679,534
Total Fixed Income Funds
(Cost $222,252,459)
197,827,259
 
Money Market Funds 4.7%
 
 
 
Columbia Short-Term Cash Fund, 4.503%(a),(c)
15,437,840
15,433,209
Total Money Market Funds
(Cost $15,434,287)
15,433,209
Total Investments in Securities
(Cost: $341,475,378)
324,280,715
Other Assets & Liabilities, Net
2,630,824
Net Assets
326,911,539
At April 30, 2025, securities and/or cash totaling $2,940,403 were pledged as collateral.
Investments in derivatives 
Forward foreign currency exchange contracts
Currency to
be sold
Currency to
be purchased
Counterparty
Settlement
date
Unrealized
appreciation ($)
Unrealized
depreciation ($)
16,174,000 SEK
1,679,369 USD
Barclays
05/09/2025
5,259
—
4,259,092 USD
6,772,000 AUD
Barclays
05/09/2025
79,044
—
7,230,000 NZD
4,145,807 USD
Citi
05/09/2025
—
(149,724
)
2,282,105 USD
24,013,000 NOK
Citi
05/09/2025
26,092
—
3,215,000 GBP
4,307,988 USD
HSBC
05/09/2025
23,252
—
314,551,000 JPY
2,090,088 USD
Morgan Stanley
05/09/2025
—
(111,670
)
23,192,000 SEK
2,295,306 USD
Morgan Stanley
05/09/2025
—
(105,211
)
2,236,723 USD
1,841,000 CHF
Morgan Stanley
05/09/2025
—
(4,205
)
2,100,469 USD
314,551,000 JPY
Morgan Stanley
05/09/2025
101,290
—
2,012,000 EUR
2,291,829 USD
State Street
05/09/2025
11,539
—
2,188,885 USD
1,694,000 GBP
State Street
05/09/2025
68,764
—
6
Columbia Capital Allocation Moderate Conservative Portfolio | 2025
Portfolio of Investments  (continued)
Columbia Capital Allocation Moderate Conservative Portfolio, April 30, 2025 (Unaudited)
Forward foreign currency exchange contracts (continued)
Currency to
be sold
Currency to
be purchased
Counterparty
Settlement
date
Unrealized
appreciation ($)
Unrealized
depreciation ($)
5,734,000 CHF
6,524,710 USD
UBS
05/09/2025
—
(428,718
)
4,435,123 USD
3,893,000 CHF
UBS
05/09/2025
285,786
—
2,048,253 USD
2,833,000 CAD
Wells Fargo
05/09/2025
7,493
—
2,178,036 USD
2,012,000 EUR
Wells Fargo
05/09/2025
102,253
—
1,873,271 USD
19,636,000 NOK
Wells Fargo
05/09/2025
14,196
—
Total
 
 
724,968
(799,528
)
 
Long futures contracts
Description
Number of
contracts
Expiration
date
Trading
currency
Notional
amount
Value/Unrealized
appreciation ($)
Value/Unrealized
depreciation ($)
IBEX 35 Index
48
05/2025
EUR
6,358,656
430,310
—
MSCI Emerging Markets Index
66
06/2025
USD
3,663,000
—
(118,226
)
Russell 2000 Index E-mini
6
06/2025
USD
590,940
—
(33,193
)
S&P 500 Index E-mini
13
06/2025
USD
3,631,550
—
(68,468
)
S&P/TSX 60 Index
31
06/2025
CAD
9,269,000
92,272
—
U.S. Treasury 10-Year Note
99
06/2025
USD
11,109,656
211,955
—
U.S. Treasury Ultra Bond
27
06/2025
USD
3,267,844
—
(20,304
)
Total
 
 
 
734,537
(240,191
)
 
Short futures contracts
Description
Number of
contracts
Expiration
date
Trading
currency
Notional
amount
Value/Unrealized
appreciation ($)
Value/Unrealized
depreciation ($)
Euro STOXX 50 Index
(61)
06/2025
EUR
(3,115,270
)
129,129
—
FTSE 100 Index
(32)
06/2025
GBP
(2,708,480
)
86,281
—
FTSE/MIB Index
(37)
06/2025
EUR
(6,856,470
)
199,699
—
MSCI EAFE Index
(16)
06/2025
USD
(1,995,760
)
—
(25,773
)
Total
 
 
 
415,109
(25,773
)
 
Total return swap contracts
Fund receives
Fund pays
Payment
frequency
Counterparty
Maturity
date
Notional
currency
Notional
amount
Value
($)
Periodic
payments
receivable
(payable)
($)
Upfront
payments
($)
Upfront
receipts
($)
Unrealized
appreciation
($)
Unrealized
depreciation
($)
SOFR plus 0.550%
Total return on
Russell 1000
Growth Index
Monthly
Goldman Sachs
International
03/31/2026
USD
4,138,873
(2,282
)
16,330
—
—
14,049
—
Total return on
Russell 1000
Value Index
SOFR plus 0.750%
Monthly
Goldman Sachs
International
03/31/2026
USD
4,141,947
(150,815
)
(16,342
)
—
—
—
(167,157
)
Total
 
 
 
 
 
(153,097
)
(12
)
—
—
14,049
(167,157
)
 
Reference index and values for swap contracts as of period end
Reference index
 
Reference rate
SOFR
Secured Overnight Financing Rate
4.360%
Columbia Capital Allocation Moderate Conservative Portfolio | 2025
7
Portfolio of Investments  (continued)
Columbia Capital Allocation Moderate Conservative Portfolio, April 30, 2025 (Unaudited)
Notes to Portfolio of Investments 
(a)
Under Section 2(a)(3) of the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended April 30, 2025 are as follows:
 
Affiliated issuers
Beginning
of period($)
Purchases($)
Sales($)
Net change in
unrealized
appreciation
(depreciation)($)
End of
period($)
Capital gain
distributions($)
Realized gain
(loss)($)
Dividends —
affiliated
issuers ($)
End of
period shares
Columbia Bond Fund, Institutional 3 Class
 
50,023,730
569,759
(2,681,536
)
1,631,522
49,543,475
—
(468,236
)
518,626
1,654,759
Columbia Contrarian Core Fund, Institutional 3 Class
 
25,304,797
396,569
(95,966
)
(2,197,491
)
23,407,909
—
25,224
—
679,081
Columbia Corporate Income Fund, Institutional 3 Class
 
35,511,187
446,805
(1,296,200
)
304,666
34,966,458
—
(227,830
)
410,081
3,855,177
Columbia Disciplined Core Fund, Institutional 3 Class
 
24,688,293
530,502
(42,607
)
(2,468,995
)
22,707,193
—
8,788
—
1,653,838
Columbia Emerging Markets Bond Fund, Institutional 3 Class
 
4,935,428
74,956
(88,382
)
(28,912
)
4,893,090
—
(7,515
)
61,151
516,694
Columbia High Yield Bond Fund, Institutional 3 Class
 
26,631,427
448,445
(453,672
)
(371,565
)
26,254,635
—
(42,713
)
384,481
2,419,782
Columbia Large Cap Growth Fund, Institutional 3 Class
 
5,034,889
660,960
(11,193
)
(575,284
)
5,109,372
—
2,513
—
72,545
Columbia Large Cap Value Fund, Institutional 3 Class
 
3,500,632
11,169
—
(230,752
)
3,281,049
—
—
11,169
202,784
Columbia Overseas Core Fund, Institutional 3 Class
 
30,013,316
33,633
(2,317,690
)
2,173,490
29,902,749
—
323,056
—
2,650,953
Columbia Quality Income Fund, Institutional 3 Class
 
42,060,505
445,699
(2,774,228
)
2,075,217
41,807,193
—
(493,416
)
415,801
2,303,427
Columbia Select Large Cap Equity Fund, Institutional 3 Class
 
24,785,503
538,076
(37,564
)
(2,619,894
)
22,666,121
—
13,830
—
1,157,025
Columbia Select Small Cap Value Fund, Institutional 3 Class
 
2,202,333
105,459
(4,897
)
(337,309
)
1,965,586
—
(99
)
—
96,827
Columbia Short-Term Cash Fund, 4.503%
 
17,094,487
5,221,626
(6,879,610
)
(3,294
)
15,433,209
—
28
169,359
15,437,840
Columbia Small Cap Growth Fund, Institutional 3 Class
 
2,286,101
89,291
(6,021
)
(389,103
)
1,980,268
—
(1,225
)
—
77,203
Columbia U.S. Treasury Index Fund, Institutional 3 Class
 
40,692,100
426,254
(1,714,892
)
958,946
40,362,408
—
(140,875
)
358,912
4,020,160
Total
334,764,728
(2,078,758
)
324,280,715
—
(1,008,470
)
2,329,580
 
(b)
Non-income producing investment.
(c)
The rate shown is the seven-day current annualized yield at April 30, 2025.
Currency Legend 
AUD
Australian Dollar
CAD
Canada Dollar
CHF
Swiss Franc
EUR
Euro
GBP
British Pound
JPY
Japanese Yen
NOK
Norwegian Krone
8
Columbia Capital Allocation Moderate Conservative Portfolio | 2025
Portfolio of Investments  (continued)
Columbia Capital Allocation Moderate Conservative Portfolio, April 30, 2025 (Unaudited)
Currency Legend (continued)
NZD
New Zealand Dollar
SEK
Swedish Krona
USD
US Dollar
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Capital Allocation Moderate Conservative Portfolio | 2025
9
Portfolio of Investments
Columbia Capital Allocation Moderate Portfolio, April 30, 2025 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
 
 
Equity Funds 48.5%
 
Shares
Value ($)
International 13.7%
Columbia Emerging Markets Fund, Institutional 3
Class(a)
1,468,314
20,027,809
Columbia Overseas Core Fund, Institutional 3 Class(a)
10,252,099
115,643,675
Total
135,671,484
U.S. Large Cap 33.1%
Columbia Contrarian Core Fund, Institutional 3 Class(a)
2,401,295
82,772,620
Columbia Large Cap Growth Fund, Institutional 3
Class(a),(b)
1,260,040
88,744,642
Columbia Large Cap Value Fund, Institutional 3
Class(a)
4,636,824
75,023,818
Columbia Select Large Cap Equity Fund, Institutional 3
Class(a)
4,168,531
81,661,520
Total
328,202,600
U.S. Small Cap 1.7%
Columbia Select Small Cap Value Fund, Institutional 3
Class(a)
433,806
8,806,260
Columbia Small Cap Growth Fund, Institutional 3
Class(a),(b)
335,985
8,618,012
Total
17,424,272
Total Equity Funds
(Cost $445,652,900)
481,298,356
 
Fixed Income Funds 49.4%
 
 
 
Emerging Markets 1.5%
Columbia Emerging Markets Bond Fund, Institutional 3
Class(a)
1,594,988
15,104,534
Fixed Income Funds (continued)
 
Shares
Value ($)
High Yield 10.7%
Columbia High Yield Bond Fund, Institutional 3
Class(a)
9,794,275
106,267,878
Investment Grade 37.2%
Columbia Bond Fund, Institutional 3 Class(a)
4,108,567
123,010,501
Columbia Corporate Income Fund, Institutional 3
Class(a)
8,778,517
79,621,148
Columbia Quality Income Fund, Institutional 3 Class(a)
5,549,709
100,727,217
Columbia U.S. Treasury Index Fund, Institutional 3
Class(a)
6,511,436
65,374,820
Total
368,733,686
Total Fixed Income Funds
(Cost $555,597,569)
490,106,098
 
Money Market Funds 1.0%
 
 
 
Columbia Short-Term Cash Fund, 4.503%(a),(c)
10,026,295
10,023,287
Total Money Market Funds
(Cost $10,022,974)
10,023,287
Total Investments in Securities
(Cost: $1,011,273,443)
981,427,741
Other Assets & Liabilities, Net
10,450,442
Net Assets
991,878,183
At April 30, 2025, securities and/or cash totaling $11,475,118 were pledged as collateral.
Investments in derivatives 
Forward foreign currency exchange contracts
Currency to
be sold
Currency to
be purchased
Counterparty
Settlement
date
Unrealized
appreciation ($)
Unrealized
depreciation ($)
56,289,000 SEK
5,844,564 USD
Barclays
05/09/2025
18,301
—
15,927,571 USD
25,325,000 AUD
Barclays
05/09/2025
295,599
—
26,444,000 NZD
15,163,207 USD
Citi
05/09/2025
—
(547,861
)
8,484,358 USD
89,275,000 NOK
Citi
05/09/2025
97,004
—
11,863,000 GBP
15,896,005 USD
HSBC
05/09/2025
85,797
—
1,163,732,000 JPY
7,732,618 USD
Morgan Stanley
05/09/2025
—
(413,143
)
86,736,000 SEK
8,584,238 USD
Morgan Stanley
05/09/2025
—
(393,480
)
8,181,475 USD
6,734,000 CHF
Morgan Stanley
05/09/2025
—
(15,381
)
7,771,020 USD
1,163,732,000 JPY
Morgan Stanley
05/09/2025
374,740
—
7,443,000 EUR
8,478,173 USD
State Street
05/09/2025
42,688
—
10
Columbia Capital Allocation Moderate Portfolio | 2025
Portfolio of Investments  (continued)
Columbia Capital Allocation Moderate Portfolio, April 30, 2025 (Unaudited)
Forward foreign currency exchange contracts (continued)
Currency to
be sold
Currency to
be purchased
Counterparty
Settlement
date
Unrealized
appreciation ($)
Unrealized
depreciation ($)
8,186,999 USD
6,336,000 GBP
State Street
05/09/2025
257,195
—
21,444,000 CHF
24,401,096 USD
UBS
05/09/2025
—
(1,603,317
)
16,758,453 USD
14,710,000 CHF
UBS
05/09/2025
1,079,866
—
7,441,817 USD
10,293,000 CAD
Wells Fargo
05/09/2025
27,225
—
8,057,219 USD
7,443,000 EUR
Wells Fargo
05/09/2025
378,266
—
6,713,476 USD
70,372,000 NOK
Wells Fargo
05/09/2025
50,877
—
Total
 
 
2,707,558
(2,973,182
)
 
Long futures contracts
Description
Number of
contracts
Expiration
date
Trading
currency
Notional
amount
Value/Unrealized
appreciation ($)
Value/Unrealized
depreciation ($)
IBEX 35 Index
176
05/2025
EUR
23,315,072
1,577,802
—
MSCI Emerging Markets Index
273
06/2025
USD
15,151,500
—
(489,028
)
Russell 2000 Index E-mini
11
06/2025
USD
1,083,390
—
(60,853
)
S&P 500 Index E-mini
74
06/2025
USD
20,671,900
—
(389,743
)
S&P/TSX 60 Index
110
06/2025
CAD
32,890,000
327,417
—
U.S. Treasury 10-Year Note
377
06/2025
USD
42,306,469
950,333
—
U.S. Treasury Ultra Bond
65
06/2025
USD
7,867,031
—
(48,880
)
Total
 
 
 
2,855,552
(988,504
)
 
Short futures contracts
Description
Number of
contracts
Expiration
date
Trading
currency
Notional
amount
Value/Unrealized
appreciation ($)
Value/Unrealized
depreciation ($)
Euro STOXX 50 Index
(214)
06/2025
EUR
(10,928,980
)
453,009
—
FTSE 100 Index
(110)
06/2025
GBP
(9,310,400
)
296,592
—
FTSE/MIB Index
(127)
06/2025
EUR
(23,534,370
)
685,452
—
MSCI EAFE Index
(103)
06/2025
USD
(12,847,705
)
—
(165,911
)
Total
 
 
 
1,435,053
(165,911
)
 
Total return swap contracts
Fund receives
Fund pays
Payment
frequency
Counterparty
Maturity
date
Notional
currency
Notional
amount
Value
($)
Periodic
payments
receivable
(payable)
($)
Upfront
payments
($)
Upfront
receipts
($)
Unrealized
appreciation
($)
Unrealized
depreciation
($)
SOFR plus 0.550%
Total return on
Russell 1000
Growth Index
Monthly
Goldman Sachs
International
03/31/2026
USD
15,146,594
(8,350
)
59,762
—
—
51,412
—
Total return on
Russell 1000
Value Index
SOFR plus 0.750%
Monthly
Goldman Sachs
International
03/31/2026
USD
15,153,464
(551,762
)
(59,789
)
—
—
—
(611,551
)
Total
 
 
 
 
 
(560,112
)
(27
)
—
—
51,412
(611,551
)
 
Reference index and values for swap contracts as of period end
Reference index
 
Reference rate
SOFR
Secured Overnight Financing Rate
4.360%
Columbia Capital Allocation Moderate Portfolio | 2025
11
Portfolio of Investments  (continued)
Columbia Capital Allocation Moderate Portfolio, April 30, 2025 (Unaudited)
Notes to Portfolio of Investments 
(a)
Under Section 2(a)(3) of the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended April 30, 2025 are as follows:
 
Affiliated issuers
Beginning
of period($)
Purchases($)
Sales($)
Net change in
unrealized
appreciation
(depreciation)($)
End of
period($)
Capital gain
distributions($)
Realized gain
(loss)($)
Dividends —
affiliated
issuers ($)
End of
period shares
Columbia Bond Fund, Institutional 3 Class
 
125,875,350
1,293,763
(8,565,755
)
4,407,143
123,010,501
—
(1,503,565
)
1,293,763
4,108,567
Columbia Contrarian Core Fund, Institutional 3 Class
 
91,531,177
74,787
(851,748
)
(7,981,596
)
82,772,620
—
225,662
—
2,401,295
Columbia Corporate Income Fund, Institutional 3 Class
 
82,335,032
940,713
(4,706,042
)
1,051,445
79,621,148
—
(874,807
)
940,713
8,778,517
Columbia Emerging Markets Bond Fund, Institutional 3 Class
 
15,708,126
190,886
(811,182
)
16,704
15,104,534
—
(128,565
)
190,886
1,594,988
Columbia Emerging Markets Fund, Institutional 3 Class
 
20,847,276
3,939
(644,534
)
(178,872
)
20,027,809
—
293,858
—
1,468,314
Columbia High Yield Bond Fund, Institutional 3 Class
 
110,381,470
1,573,209
(4,384,858
)
(1,301,943
)
106,267,878
—
(407,021
)
1,573,209
9,794,275
Columbia Large Cap Growth Fund, Institutional 3 Class
 
103,619,082
172,132
(3,049,583
)
(11,996,989
)
88,744,642
—
1,160,675
—
1,260,040
Columbia Large Cap Value Fund, Institutional 3 Class
 
78,564,400
3,839,967
(1,837,731
)
(5,542,818
)
75,023,818
—
247,650
258,446
4,636,824
Columbia Overseas Core Fund, Institutional 3 Class
 
115,351,048
—
(8,838,985
)
9,131,612
115,643,675
—
371,648
—
10,252,099
Columbia Quality Income Fund, Institutional 3 Class
 
102,260,734
1,003,556
(7,710,408
)
5,173,335
100,727,217
—
(1,355,113
)
1,003,556
5,549,709
Columbia Select Large Cap Equity Fund, Institutional 3 Class
 
91,315,939
87,473
(154,379
)
(9,587,513
)
81,661,520
—
58,909
—
4,168,531
Columbia Select Small Cap Value Fund, Institutional 3 Class
 
10,348,642
15,686
—
(1,558,068
)
8,806,260
—
—
—
433,806
Columbia Short-Term Cash Fund, 4.503%
 
17,113,821
18,550,850
(25,640,232
)
(1,152
)
10,023,287
—
(1,703
)
131,827
10,026,295
Columbia Small Cap Growth Fund, Institutional 3 Class
 
10,416,354
17,493
(74,614
)
(1,741,221
)
8,618,012
—
(3,482
)
—
335,985
Columbia U.S. Treasury Index Fund, Institutional 3 Class
 
67,081,737
585,177
(4,388,561
)
2,096,467
65,374,820
—
(758,824
)
585,177
6,511,436
Total
1,042,750,188
(18,013,466
)
981,427,741
—
(2,674,678
)
5,977,577
 
(b)
Non-income producing investment.
(c)
The rate shown is the seven-day current annualized yield at April 30, 2025.
Currency Legend 
AUD
Australian Dollar
CAD
Canada Dollar
CHF
Swiss Franc
EUR
Euro
GBP
British Pound
JPY
Japanese Yen
NOK
Norwegian Krone
12
Columbia Capital Allocation Moderate Portfolio | 2025
Portfolio of Investments  (continued)
Columbia Capital Allocation Moderate Portfolio, April 30, 2025 (Unaudited)
Currency Legend (continued)
NZD
New Zealand Dollar
SEK
Swedish Krona
USD
US Dollar
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Capital Allocation Moderate Portfolio | 2025
13
Portfolio of Investments
Columbia Capital Allocation Moderate Aggressive Portfolio, April 30, 2025 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
 
 
Equity Funds 63.7%
 
Shares
Value ($)
International 17.0%
Columbia Emerging Markets Fund, Institutional 3
Class(a)
4,824,091
65,800,604
Columbia Overseas Core Fund, Institutional 3
Class(a)
18,425,056
207,834,637
Total
273,635,241
U.S. Large Cap 44.3%
Columbia Contrarian Core Fund, Institutional 3
Class(a)
5,359,820
184,752,992
Columbia Large Cap Growth Fund, Institutional 3
Class(a),(b)
2,775,508
195,479,017
Columbia Large Cap Value Fund, Institutional 3
Class(a)
10,159,879
164,386,847
Columbia Select Large Cap Equity Fund, Institutional
3 Class(a)
8,602,459
168,522,170
Total
713,141,026
U.S. Small Cap 2.4%
Columbia Select Small Cap Value Fund, Institutional
3 Class(a)
942,704
19,136,881
Columbia Small Cap Growth Fund, Institutional 3
Class(a),(b)
734,138
18,830,649
Total
37,967,530
Total Equity Funds
(Cost $943,244,211)
1,024,743,797
 
Fixed Income Funds 34.3%
 
 
 
Emerging Markets 1.0%
Columbia Emerging Markets Bond Fund, Institutional
3 Class(a)
1,740,202
16,479,712
Fixed Income Funds (continued)
 
Shares
Value ($)
High Yield 9.3%
Columbia High Yield Bond Fund, Institutional 3
Class(a)
13,734,860
149,023,231
Investment Grade 24.0%
Columbia Bond Fund, Institutional 3 Class(a)
4,487,228
134,347,606
Columbia Corporate Income Fund, Institutional 3
Class(a)
9,882,169
89,631,274
Columbia Quality Income Fund, Institutional 3
Class(a)
5,953,468
108,055,452
Columbia U.S. Treasury Index Fund, Institutional 3
Class(a)
5,324,453
53,457,504
Total
385,491,836
Total Fixed Income Funds
(Cost $616,905,253)
550,994,779
 
Money Market Funds 0.9%
 
 
 
Columbia Short-Term Cash Fund, 4.503%(a),(c)
13,717,051
13,712,936
Total Money Market Funds
(Cost $13,712,407)
13,712,936
Total Investments in Securities
(Cost: $1,573,861,871)
1,589,451,512
Other Assets & Liabilities, Net
18,127,033
Net Assets
1,607,578,545
At April 30, 2025, securities and/or cash totaling $20,057,746 were pledged as collateral.
Investments in derivatives 
Forward foreign currency exchange contracts
Currency to
be sold
Currency to
be purchased
Counterparty
Settlement
date
Unrealized
appreciation ($)
Unrealized
depreciation ($)
104,963,000 SEK
10,898,453 USD
Barclays
05/09/2025
34,126
—
30,319,932 USD
48,209,000 AUD
Barclays
05/09/2025
562,705
—
50,122,000 NZD
28,740,289 USD
Citi
05/09/2025
—
(1,038,494
)
16,059,314 USD
168,981,000 NOK
Citi
05/09/2025
183,611
—
22,498,000 GBP
30,146,532 USD
HSBC
05/09/2025
162,713
—
2,210,011,000 JPY
14,684,800 USD
Morgan Stanley
05/09/2025
—
(784,588
)
165,113,000 SEK
16,341,188 USD
Morgan Stanley
05/09/2025
—
(749,040
)
15,508,839 USD
12,765,000 CHF
Morgan Stanley
05/09/2025
—
(29,156
)
14
Columbia Capital Allocation Moderate Aggressive Portfolio | 2025
Portfolio of Investments  (continued)
Columbia Capital Allocation Moderate Aggressive Portfolio, April 30, 2025 (Unaudited)
Forward foreign currency exchange contracts (continued)
Currency to
be sold
Currency to
be purchased
Counterparty
Settlement
date
Unrealized
appreciation ($)
Unrealized
depreciation ($)
14,757,728 USD
2,210,011,000 JPY
Morgan Stanley
05/09/2025
711,659
—
14,135,000 EUR
16,100,896 USD
State Street
05/09/2025
81,069
—
15,584,501 USD
12,061,000 GBP
State Street
05/09/2025
489,588
—
40,822,000 CHF
46,451,293 USD
UBS
05/09/2025
—
(3,052,165
)
31,964,100 USD
28,057,000 CHF
UBS
05/09/2025
2,059,674
—
4,489,000 AUD
2,866,808 USD
Wells Fargo
05/09/2025
—
(8,841
)
14,052,909 USD
19,437,000 CAD
Wells Fargo
05/09/2025
51,411
—
15,301,463 USD
14,135,000 EUR
Wells Fargo
05/09/2025
718,364
—
12,747,038 USD
133,617,000 NOK
Wells Fargo
05/09/2025
96,601
—
Total
 
 
5,151,521
(5,662,284
)
 
Long futures contracts
Description
Number of
contracts
Expiration
date
Trading
currency
Notional
amount
Value/Unrealized
appreciation ($)
Value/Unrealized
depreciation ($)
IBEX 35 Index
314
05/2025
EUR
41,596,208
2,814,943
—
MSCI Emerging Markets Index
474
06/2025
USD
26,307,000
—
(849,081
)
S&P 500 Index E-mini
124
06/2025
USD
34,639,400
—
(665,769
)
S&P/TSX 60 Index
200
06/2025
CAD
59,800,000
595,304
—
U.S. Treasury 10-Year Note
566
06/2025
USD
63,515,813
1,426,759
—
U.S. Treasury Ultra Bond
118
06/2025
USD
14,281,688
—
(88,736
)
Total
 
 
 
4,837,006
(1,603,586
)
 
Short futures contracts
Description
Number of
contracts
Expiration
date
Trading
currency
Notional
amount
Value/Unrealized
appreciation ($)
Value/Unrealized
depreciation ($)
Euro STOXX 50 Index
(389)
06/2025
EUR
(19,866,230
)
823,460
—
FTSE 100 Index
(200)
06/2025
GBP
(16,928,000
)
539,258
—
FTSE/MIB Index
(223)
06/2025
EUR
(41,324,130
)
1,203,589
—
MSCI EAFE Index
(189)
06/2025
USD
(23,574,915
)
—
(304,439
)
Total
 
 
 
2,566,307
(304,439
)
 
Total return swap contracts
Fund receives
Fund pays
Payment
frequency
Counterparty
Maturity
date
Notional
currency
Notional
amount
Value
($)
Periodic
payments
receivable
(payable)
($)
Upfront
payments
($)
Upfront
receipts
($)
Unrealized
appreciation
($)
Unrealized
depreciation
($)
SOFR plus 0.550%
Total return on
Russell 1000
Growth Index
Monthly
Goldman Sachs
International
03/31/2026
USD
28,712,474
(15,828
)
113,287
—
—
97,459
—
Total return on
Russell 1000
Value Index
SOFR plus 0.750%
Monthly
Goldman Sachs
International
03/31/2026
USD
28,721,427
(1,045,793
)
(113,322
)
—
—
—
(1,159,115
)
Total
 
 
 
 
 
(1,061,621
)
(35
)
—
—
97,459
(1,159,115
)
 
Reference index and values for swap contracts as of period end
Reference index
 
Reference rate
SOFR
Secured Overnight Financing Rate
4.360%
Columbia Capital Allocation Moderate Aggressive Portfolio | 2025
15
Portfolio of Investments  (continued)
Columbia Capital Allocation Moderate Aggressive Portfolio, April 30, 2025 (Unaudited)
Notes to Portfolio of Investments 
(a)
Under Section 2(a)(3) of the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended April 30, 2025 are as follows:
 
Affiliated issuers
Beginning
of period($)
Purchases($)
Sales($)
Net change in
unrealized
appreciation
(depreciation)($)
End of
period($)
Capital gain
distributions($)
Realized gain
(loss)($)
Dividends —
affiliated
issuers ($)
End of
period shares
Columbia Bond Fund, Institutional 3 Class
 
135,738,655
1,406,256
(7,210,581
)
4,413,276
134,347,606
—
(1,258,951
)
1,406,203
4,487,228
Columbia Contrarian Core Fund, Institutional 3 Class
 
204,521,577
97
(1,922,430
)
(17,846,252
)
184,752,992
—
495,964
—
5,359,820
Columbia Corporate Income Fund, Institutional 3 Class
 
91,946,087
1,056,631
(4,377,363
)
1,005,919
89,631,274
—
(807,565
)
1,056,607
9,882,169
Columbia Emerging Markets Bond Fund, Institutional 3 Class
 
17,128,107
208,357
(710,731
)
(146,021
)
16,479,712
—
24,200
208,356
1,740,202
Columbia Emerging Markets Fund, Institutional 3 Class
 
68,057,909
—
(1,700,615
)
(556,690
)
65,800,604
—
911,754
—
4,824,091
Columbia High Yield Bond Fund, Institutional 3 Class
 
154,583,286
2,206,152
(5,922,458
)
(1,843,749
)
149,023,231
—
(548,619
)
2,206,129
13,734,860
Columbia Large Cap Growth Fund, Institutional 3 Class
 
229,085,942
328
(6,987,768
)
(26,619,485
)
195,479,017
—
2,596,304
—
2,775,508
Columbia Large Cap Value Fund, Institutional 3 Class
 
174,089,932
9,661,406
(6,763,738
)
(12,600,753
)
164,386,847
—
919,834
569,406
10,159,879
Columbia Overseas Core Fund, Institutional 3 Class
 
205,515,840
—
(13,420,581
)
15,739,378
207,834,637
—
1,266,864
—
18,425,056
Columbia Quality Income Fund, Institutional 3 Class
 
107,282,920
1,067,231
(5,589,972
)
5,295,273
108,055,452
—
(1,239,194
)
1,067,156
5,953,468
Columbia Select Large Cap Equity Fund, Institutional 3 Class
 
189,044,773
130
(601,166
)
(19,921,567
)
168,522,170
—
224,475
—
8,602,459
Columbia Select Small Cap Value Fund, Institutional 3 Class
 
22,530,555
50
—
(3,393,724
)
19,136,881
—
—
—
942,704
Columbia Short-Term Cash Fund, 4.503%
 
26,040,971
37,329,419
(49,655,601
)
(1,853
)
13,712,936
—
(2,433
)
191,052
13,717,051
Columbia Small Cap Growth Fund, Institutional 3 Class
 
22,829,165
36
(185,744
)
(3,812,808
)
18,830,649
—
(9,497
)
—
734,138
Columbia U.S. Treasury Index Fund, Institutional 3 Class
 
53,964,168
475,476
(2,496,138
)
1,513,998
53,457,504
—
(429,075
)
475,447
5,324,453
Total
1,702,359,887
(58,775,058
)
1,589,451,512
—
2,144,061
7,180,356
 
(b)
Non-income producing investment.
(c)
The rate shown is the seven-day current annualized yield at April 30, 2025.
Currency Legend 
AUD
Australian Dollar
CAD
Canada Dollar
CHF
Swiss Franc
EUR
Euro
GBP
British Pound
JPY
Japanese Yen
NOK
Norwegian Krone
16
Columbia Capital Allocation Moderate Aggressive Portfolio | 2025
Portfolio of Investments  (continued)
Columbia Capital Allocation Moderate Aggressive Portfolio, April 30, 2025 (Unaudited)
Currency Legend (continued)
NZD
New Zealand Dollar
SEK
Swedish Krona
USD
US Dollar
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Capital Allocation Moderate Aggressive Portfolio | 2025
17
Portfolio of Investments
Columbia Capital Allocation Aggressive Portfolio, April 30, 2025 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
 
 
Equity Funds 79.4%
 
Shares
Value ($)
International 21.5%
Columbia Emerging Markets Fund, Institutional 3
Class(a)
5,597,293
76,347,069
Columbia Overseas Core Fund, Institutional 3
Class(a)
16,653,104
187,847,018
Total
264,194,087
U.S. Large Cap 54.9%
Columbia Contrarian Core Fund, Institutional 3
Class(a)
5,172,583
178,298,959
Columbia Large Cap Growth Fund, Institutional 3
Class(a),(b)
2,492,522
175,548,318
Columbia Large Cap Value Fund, Institutional 3
Class(a)
9,056,427
146,532,986
Columbia Select Large Cap Equity Fund, Institutional
3 Class(a)
8,800,019
172,392,375
Total
672,772,638
U.S. Small Cap 3.0%
Columbia Select Small Cap Value Fund, Institutional
3 Class(a)
904,602
18,363,415
Columbia Small Cap Growth Fund, Institutional 3
Class(a),(b)
713,451
18,300,026
Total
36,663,441
Total Equity Funds
(Cost $871,709,522)
973,630,166
 
Fixed Income Funds 18.8%
 
 
 
Emerging Markets 0.5%
Columbia Emerging Markets Bond Fund, Institutional
3 Class(a)
670,738
6,351,887
Fixed Income Funds (continued)
 
Shares
Value ($)
High Yield 7.3%
Columbia High Yield Bond Fund, Institutional 3
Class(a)
8,227,253
89,265,697
Investment Grade 11.0%
Columbia Corporate Income Fund, Institutional 3
Class(a)
5,317,905
48,233,398
Columbia Quality Income Fund, Institutional 3
Class(a)
3,409,017
61,873,660
Columbia U.S. Treasury Index Fund, Institutional 3
Class(a)
2,404,130
24,137,462
Total
134,244,520
Total Fixed Income Funds
(Cost $232,568,732)
229,862,104
 
Money Market Funds 0.6%
 
 
 
Columbia Short-Term Cash Fund, 4.503%(a),(c)
7,851,660
7,849,304
Total Money Market Funds
(Cost $7,848,860)
7,849,304
Total Investments in Securities
(Cost: $1,112,127,114)
1,211,341,574
Other Assets & Liabilities, Net
15,049,450
Net Assets
1,226,391,024
At April 30, 2025, securities and/or cash totaling $16,673,752 were pledged as collateral.
Investments in derivatives 
Forward foreign currency exchange contracts
Currency to
be sold
Currency to
be purchased
Counterparty
Settlement
date
Unrealized
appreciation ($)
Unrealized
depreciation ($)
90,264,000 SEK
9,372,235 USD
Barclays
05/09/2025
29,347
—
26,628,132 USD
42,339,000 AUD
Barclays
05/09/2025
494,189
—
43,864,000 NZD
25,151,838 USD
Citi
05/09/2025
—
(908,905
)
14,031,622 USD
147,645,000 NOK
Citi
05/09/2025
160,428
—
19,685,000 GBP
26,377,211 USD
HSBC
05/09/2025
142,368
—
1,938,043,000 JPY
12,877,662 USD
Morgan Stanley
05/09/2025
—
(688,035
)
145,009,000 SEK
14,351,501 USD
Morgan Stanley
05/09/2025
—
(657,838
)
13,572,209 USD
11,171,000 CHF
Morgan Stanley
05/09/2025
—
(25,515
)
18
Columbia Capital Allocation Aggressive Portfolio | 2025
Portfolio of Investments  (continued)
Columbia Capital Allocation Aggressive Portfolio, April 30, 2025 (Unaudited)
Forward foreign currency exchange contracts (continued)
Currency to
be sold
Currency to
be purchased
Counterparty
Settlement
date
Unrealized
appreciation ($)
Unrealized
depreciation ($)
12,941,615 USD
1,938,043,000 JPY
Morgan Stanley
05/09/2025
624,081
—
12,396,000 EUR
14,120,036 USD
State Street
05/09/2025
71,095
—
13,687,639 USD
10,593,000 GBP
State Street
05/09/2025
429,998
—
35,852,000 CHF
40,795,937 USD
UBS
05/09/2025
—
(2,680,569
)
28,117,972 USD
24,681,000 CHF
UBS
05/09/2025
1,811,841
—
4,254,000 AUD
2,716,730 USD
Wells Fargo
05/09/2025
—
(8,378
)
12,241,799 USD
16,932,000 CAD
Wells Fargo
05/09/2025
44,786
—
13,418,955 USD
12,396,000 EUR
Wells Fargo
05/09/2025
629,985
—
11,177,806 USD
117,168,000 NOK
Wells Fargo
05/09/2025
84,709
—
Total
 
 
4,522,827
(4,969,240
)
 
Long futures contracts
Description
Number of
contracts
Expiration
date
Trading
currency
Notional
amount
Value/Unrealized
appreciation ($)
Value/Unrealized
depreciation ($)
IBEX 35 Index
265
05/2025
EUR
35,105,080
2,375,668
—
MSCI Emerging Markets Index
438
06/2025
USD
24,309,000
—
(784,594
)
S&P 500 Index E-mini
97
06/2025
USD
27,096,950
—
(569,236
)
S&P/TSX 60 Index
169
06/2025
CAD
50,531,000
503,032
—
U.S. Treasury 10-Year Note
445
06/2025
USD
49,937,344
986,378
—
U.S. Treasury Ultra Bond
100
06/2025
USD
12,103,125
—
(75,200
)
Total
 
 
 
3,865,078
(1,429,030
)
 
Short futures contracts
Description
Number of
contracts
Expiration
date
Trading
currency
Notional
amount
Value/Unrealized
appreciation ($)
Value/Unrealized
depreciation ($)
Euro STOXX 50 Index
(329)
06/2025
EUR
(16,802,030
)
696,448
—
FTSE 100 Index
(169)
06/2025
GBP
(14,304,160
)
455,673
—
FTSE/MIB Index
(183)
06/2025
EUR
(33,911,730
)
987,699
—
MSCI EAFE Index
(211)
06/2025
USD
(26,319,085
)
—
(339,877
)
Russell 2000 Index E-mini
(12)
06/2025
USD
(1,181,880
)
54,609
—
Total
 
 
 
2,194,429
(339,877
)
 
Total return swap contracts
Fund receives
Fund pays
Payment
frequency
Counterparty
Maturity
date
Notional
currency
Notional
amount
Value
($)
Periodic
payments
receivable
(payable)
($)
Upfront
payments
($)
Upfront
receipts
($)
Unrealized
appreciation
($)
Unrealized
depreciation
($)
SOFR plus 0.550%
Total return on
Russell 1000
Growth Index
Monthly
Goldman Sachs
International
03/31/2026
USD
25,127,233
(13,852
)
99,141
—
—
85,289
—
Total return on
Russell 1000
Value Index
SOFR plus 0.750%
Monthly
Goldman Sachs
International
03/31/2026
USD
25,135,107
(915,209
)
(99,172
)
—
—
—
(1,014,381
)
Total
 
 
 
 
 
(929,061
)
(31
)
—
—
85,289
(1,014,381
)
 
Reference index and values for swap contracts as of period end
Reference index
 
Reference rate
SOFR
Secured Overnight Financing Rate
4.360%
Columbia Capital Allocation Aggressive Portfolio | 2025
19
Portfolio of Investments  (continued)
Columbia Capital Allocation Aggressive Portfolio, April 30, 2025 (Unaudited)
Notes to Portfolio of Investments 
(a)
Under Section 2(a)(3) of the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended April 30, 2025 are as follows:
 
Affiliated issuers
Beginning
of period($)
Purchases($)
Sales($)
Net change in
unrealized
appreciation
(depreciation)($)
End of
period($)
Capital gain
distributions($)
Realized gain
(loss)($)
Dividends —
affiliated
issuers ($)
End of
period shares
Columbia Contrarian Core Fund, Institutional 3 Class
 
197,164,113
—
(1,538,021
)
(17,327,133
)
178,298,959
—
576,603
—
5,172,583
Columbia Corporate Income Fund, Institutional 3 Class
 
48,950,438
566,385
(1,385,563
)
102,138
48,233,398
—
(977
)
566,385
5,317,905
Columbia Emerging Markets Bond Fund, Institutional 3 Class
 
6,566,077
80,366
(239,434
)
(55,122
)
6,351,887
—
7,293
80,366
670,738
Columbia Emerging Markets Fund, Institutional 3 Class
 
78,033,027
3
(1,433,789
)
(252,172
)
76,347,069
—
611,206
—
5,597,293
Columbia High Yield Bond Fund, Institutional 3 Class
 
92,507,411
1,323,067
(3,242,294
)
(1,322,487
)
89,265,697
—
(117,616
)
1,323,067
8,227,253
Columbia Large Cap Growth Fund, Institutional 3 Class
 
205,271,465
119
(5,849,595
)
(23,873,671
)
175,548,318
—
2,293,406
—
2,492,522
Columbia Large Cap Value Fund, Institutional 3 Class
 
156,348,589
8,652,562
(6,934,552
)
(11,533,613
)
146,532,986
—
1,030,998
509,562
9,056,427
Columbia Overseas Core Fund, Institutional 3 Class
 
182,595,695
—
(8,884,673
)
14,135,996
187,847,018
—
1,098,509
—
16,653,104
Columbia Quality Income Fund, Institutional 3 Class
 
60,854,080
608,466
(1,835,662
)
2,246,776
61,873,660
—
63,583
608,466
3,409,017
Columbia Select Large Cap Equity Fund, Institutional 3 Class
 
193,792,953
—
(804,162
)
(20,596,416
)
172,392,375
—
447,661
—
8,800,019
Columbia Select Small Cap Value Fund, Institutional 3 Class
 
21,620,825
7
(592
)
(3,256,825
)
18,363,415
—
268
—
904,602
Columbia Short-Term Cash Fund, 4.503%
 
18,004,803
23,645,442
(33,799,735
)
(1,206
)
7,849,304
—
(1,726
)
124,508
7,851,660
Columbia Small Cap Growth Fund, Institutional 3 Class
 
22,122,119
7
(70,409
)
(3,751,691
)
18,300,026
—
35,204
—
713,451
Columbia U.S. Treasury Index Fund, Institutional 3 Class
 
24,052,706
213,332
(611,040
)
482,464
24,137,462
—
3,024
213,331
2,404,130
Total
1,307,884,301
(65,002,962
)
1,211,341,574
—
6,047,436
3,425,685
 
(b)
Non-income producing investment.
(c)
The rate shown is the seven-day current annualized yield at April 30, 2025.
Currency Legend 
AUD
Australian Dollar
CAD
Canada Dollar
CHF
Swiss Franc
EUR
Euro
GBP
British Pound
JPY
Japanese Yen
NOK
Norwegian Krone
NZD
New Zealand Dollar
SEK
Swedish Krona
20
Columbia Capital Allocation Aggressive Portfolio | 2025
Portfolio of Investments  (continued)
Columbia Capital Allocation Aggressive Portfolio, April 30, 2025 (Unaudited)
Currency Legend (continued)
USD
US Dollar
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Capital Allocation Aggressive Portfolio | 2025
21
You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.
1QT124_01_R01_(06/25)