0000950123-11-080963.txt : 20110829 0000950123-11-080963.hdr.sgml : 20110829 20110829161141 ACCESSION NUMBER: 0000950123-11-080963 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110829 DATE AS OF CHANGE: 20110829 EFFECTIVENESS DATE: 20110829 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA FUNDS SERIES TRUST I CENTRAL INDEX KEY: 0000773757 IRS NUMBER: 363376651 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-04367 FILM NUMBER: 111063016 BUSINESS ADDRESS: STREET 1: 225 FRANKLIN STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 8003382550 MAIL ADDRESS: STREET 1: 225 FRANKLIN STREET CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: COLUMBIA FUNDS TRUST IX DATE OF NAME CHANGE: 20031107 FORMER COMPANY: FORMER CONFORMED NAME: LIBERTY STEIN ROE FUNDS MUNICIPAL TRUST DATE OF NAME CHANGE: 19991025 FORMER COMPANY: FORMER CONFORMED NAME: STEINROE MUNICIPAL TRUST DATE OF NAME CHANGE: 19920703 0000773757 S000010615 Columbia High Yield Municipal Fund C000029350 Class A LHIAX C000029351 Class B CHMBX C000029352 Class C CHMCX C000029353 Class Z SRHMX 0000773757 S000012102 Columbia Small Cap Value Fund I C000033005 Class A CSMIX C000033006 Class B CSSBX C000033007 Class C CSSCX C000033008 Class Z CSCZX C000078991 Class Y CSVYX C000094700 Class I CVUIX C000094701 Class R CSVRX NSAR-B 1 answer.fil ANNUAL REPORT PAGE 1 000 B000000 06/30/2011 000 C000000 0000773757 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 COLUMBIA FUNDS SERIES TRUST I 001 B000000 811-04367 001 C000000 6173859594 002 A000000 225 FRANKLIN ST. 002 B000000 BOSTON 002 C000000 MA 002 D010000 02110 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 37 007 C010200 2 007 C020200 Columbia High Yield Municipal Fund 007 C030200 N 007 C010700 7 007 C020700 Columbia Small Cap Value Fund I 007 C030700 N 008 A00AA01 COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC 008 B00AA01 A 008 C00AA01 801-25943 008 D01AA01 BOSTON 008 D02AA01 MA 008 D03AA01 02110 010 A00AA01 COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC 010 B00AA01 801-25943 010 C01AA01 BOSTON 010 C02AA01 MA 010 C03AA01 02110 011 A00AA01 COLUMBIA MGMT INVESTMENT DISTRIBUTORS, INC. 011 B00AA01 8-25845 011 C01AA01 BOSTON 011 C02AA01 MA 011 C03AA01 02110 012 A00AA01 COLUMBIA MANAGEMENT INVESTMENT SERVICES CORP. 012 B00AA01 84-5685 012 C01AA01 BOSTON 012 C02AA01 MA 012 C03AA01 02110 013 A00AA01 PRICEWATERHOUSECOOPERS LLP 013 B01AA01 BOSTON PAGE 2 013 B02AA01 MA 013 B03AA01 02110 014 A00AA01 COLUMBIA MGMT INVESTMENT DISTRIBUTORS, INC. 014 B00AA01 8-25845 014 A00AA02 AMERICAN ENTERPRISE INVESTMENT SERVICES INC. 014 B00AA02 8-42582 014 A00AA03 SECURITIES AMERICA, INC. 014 B00AA03 8-26602 014 A00AA04 AMERIPRISE FINANCIAL SERVICES, INC. 014 B00AA04 8-16791 014 A00AA05 RIVERSOURCE DISTRIBUTORS, INC. 014 B00AA05 8-67196 015 A000201 AB SEB BANKAS 015 B000201 S 015 C010201 VILNIUS 015 D010201 LITHUANIA 015 E040201 X 015 A000202 BANCO BCT, S.A. 015 B000202 S 015 C010202 SAN JOSE 015 D010202 COSTA RICA 015 E040202 X 015 A000203 BANCO ITAU URUGUAY S.A. 015 B000203 S 015 C010203 MONTEVIDEO 015 D010203 URUGUAY 015 E040203 X 015 A000204 BANCO NACIONAL DE MEXICO, S.A. 015 B000204 S 015 C010204 MEXICO CITY 015 D010204 MEXICO 015 E040204 X 015 A000205 BANCO SANTANDER CHILE 015 B000205 S 015 C010205 SANTIAGO 015 D010205 CHILE 015 E040205 X 015 A000206 BANK HANDLOWY W. 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062 P000200 0.0 062 Q000200 1.4 062 R000200 0.0 062 A000700 N 062 B000700 0.0 062 C000700 0.0 062 D000700 0.0 062 E000700 0.0 062 F000700 0.0 062 G000700 0.0 062 H000700 0.0 062 I000700 0.0 062 J000700 0.0 062 K000700 0.0 062 L000700 0.0 062 M000700 0.0 062 N000700 0.0 062 O000700 0.0 062 P000700 0.0 062 Q000700 0.0 062 R000700 0.0 063 A000200 0 063 B000200 7.3 063 A000700 0 063 B000700 0.0 064 A000200 N 064 B000200 Y 065 000200 N 066 A000200 N 066 A000700 Y 066 B000700 N 066 C000700 Y 066 D000700 N 066 E000700 N 066 F000700 N 066 G000700 N 067 000200 N 067 000700 N 068 A000200 N 068 B000200 N 068 A000700 N 068 B000700 N PAGE 19 069 000200 N 069 000700 N 070 A010200 Y 070 A020200 N 070 B010200 Y 070 B020200 N 070 C010200 Y 070 C020200 N 070 D010200 Y 070 D020200 N 070 E010200 Y 070 E020200 N 070 F010200 Y 070 F020200 N 070 G010200 Y 070 G020200 N 070 H010200 Y 070 H020200 N 070 I010200 Y 070 I020200 N 070 J010200 Y 070 J020200 Y 070 K010200 Y 070 K020200 Y 070 L010200 N 070 L020200 N 070 M010200 N 070 M020200 N 070 N010200 Y 070 N020200 N 070 O010200 Y 070 O020200 N 070 P010200 Y 070 P020200 N 070 Q010200 Y 070 Q020200 N 070 R010200 Y 070 R020200 N 070 A010700 Y 070 A020700 Y 070 B010700 Y 070 B020700 N 070 C010700 Y 070 C020700 N 070 D010700 Y 070 D020700 N 070 E010700 Y 070 E020700 N 070 F010700 Y 070 F020700 Y 070 G010700 Y PAGE 20 070 G020700 N 070 H010700 Y 070 H020700 N 070 I010700 Y 070 I020700 N 070 J010700 Y 070 J020700 N 070 K010700 Y 070 K020700 Y 070 L010700 Y 070 L020700 Y 070 M010700 Y 070 M020700 N 070 N010700 Y 070 N020700 Y 070 O010700 Y 070 O020700 Y 070 P010700 Y 070 P020700 Y 070 Q010700 Y 070 Q020700 N 070 R010700 Y 070 R020700 N 071 A000200 169166 071 B000200 215058 071 C000200 720999 071 D000200 23 071 A000700 613255 071 B000700 539097 071 C000700 1756790 071 D000700 31 072 A000200 12 072 B000200 47452 072 C000200 17 072 D000200 0 072 E000200 0 072 F000200 3085 072 G000200 828 072 H000200 0 072 I000200 897 072 J000200 25 072 K000200 77 072 L000200 0 072 M000200 48 072 N000200 67 072 O000200 0 072 P000200 0 072 Q000200 166 072 R000200 49 072 S000200 54 072 T000200 276 PAGE 21 072 U000200 0 072 V000200 0 072 W000200 28 072 X000200 5600 072 Y000200 462 072 Z000200 42331 072AA000200 0 072BB000200 7615 072CC010200 0 072CC020200 9702 072DD010200 3763 072DD020200 37289 072EE000200 0 072 A000700 12 072 B000700 100 072 C000700 28583 072 D000700 0 072 E000700 0 072 F000700 13093 072 G000700 241 072 H000700 0 072 I000700 3300 072 J000700 61 072 K000700 393 072 L000700 0 072 M000700 74 072 N000700 158 072 O000700 0 072 P000700 0 072 Q000700 107 072 R000700 44 072 S000700 107 072 T000700 2455 072 U000700 0 072 V000700 0 072 W000700 60 072 X000700 20093 072 Y000700 0 072 Z000700 8590 072AA000700 136155 072BB000700 0 072CC010700 306050 072CC020700 0 072DD010700 7017 072DD020700 12254 072EE000700 6213 073 A010200 0.0000 073 A020200 0.0000 073 B000200 0.0000 073 C000200 0.0000 073 A010700 0.0000 PAGE 22 073 A020700 0.0000 073 B000700 0.0000 073 C000700 0.0000 074 A000200 0 074 B000200 0 074 C000200 0 074 D000200 679064 074 E000200 0 074 F000200 0 074 G000200 0 074 H000200 0 074 I000200 30801 074 J000200 5191 074 K000200 69 074 L000200 12233 074 M000200 0 074 N000200 727358 074 O000200 5789 074 P000200 181 074 Q000200 0 074 R010200 0 074 R020200 0 074 R030200 0 074 R040200 4771 074 S000200 0 074 T000200 716617 074 U010200 6630 074 U020200 67991 074 V010200 0.00 074 V020200 0.00 074 W000200 0.0000 074 X000200 3317 074 Y000200 0 074 A000700 0 074 B000700 157622 074 C000700 0 074 D000700 0 074 E000700 0 074 F000700 1958710 074 G000700 0 074 H000700 0 074 I000700 236502 074 J000700 18435 074 K000700 85 074 L000700 4658 074 M000700 0 074 N000700 2376012 074 O000700 18180 074 P000700 792 074 Q000700 0 074 R010700 0 PAGE 23 074 R020700 0 074 R030700 0 074 R040700 396578 074 S000700 0 074 T000700 1960462 074 U010700 15237 074 U020700 26229 074 V010700 0.00 074 V020700 0.00 074 W000700 0.0000 074 X000700 33546 074 Y000700 0 075 A000200 0 075 B000200 749362 075 A000700 0 075 B000700 1763472 076 000200 0.00 076 000700 0.00 077 A000000 Y 077 B000000 Y 077 C000000 Y 077 D000000 N 077 E000000 Y 077 F000000 N 077 G000000 N 077 H000000 N 077 I000000 N 077 J000000 N 077 K000000 N 077 L000000 N 077 M000000 Y 077 N000000 N 077 O000000 N 077 P000000 N 077 Q010000 Y 077 Q020000 N 077 Q030000 N 078 000000 N 080 A00AA00 ICI Mutual Insurance Company 080 C00AA00 10000 081 A00AA00 Y 081 B00AA00 41 082 A00AA00 N 082 B00AA00 0 083 A00AA00 N 083 B00AA00 0 084 A00AA00 N 084 B00AA00 0 085 A00AA00 Y 085 B00AA00 N 086 A010000 0 PAGE 24 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 SIGNATURE SEE BELOW TITLE SEE BELOW This report is signed on behalf of the registrant (or depositor or trustee). City of: Boston State of: MA Date: August 19, 2011 Name of Registrant, Depositor, or Trustee: Columbia Funds Series Trust I /s/ Michael G. Clarke ----------------------- Michael G. Clarke Treasurer /s/ Wade M. Voigt ----------------------- Wade M. Voigt Assistant Treasurer Witness COLUMBIA FUNDS SERIES TRUST I EX-99.77B ACCT LTTR 2 c66001ex99b.txt EXHIBIT 77B REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Trustees and Shareholders of Columbia Funds Series Trust I In planning and performing our audits of the financial statements of Columbia High Yield Municipal Fund and Columbia Small Cap Value Fund I (each a series of Columbia Funds Series Trust I and hereafter collectively referred to as the "Funds") as of and for the year ended June 30, 2011, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Funds' internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Funds' internal control over financial reporting. The management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A fund's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A fund's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the fund are being made only in accordance with authorizations of management and trustees of the fund; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a fund's assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Funds' annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Funds' internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Funds' internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of June 30, 2011. This report is intended solely for the information and use of management and the Board of Trustees of the Funds and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/PricewaterhouseCoopers LLP Boston, Massachusetts August 22, 2011 EX-99.77C VOTES 3 c66001ex99c.txt EXHIBIT 77C Exhibit 77C ITEM 77C - MATTERS SUBMITTED TO A VOTE OF SECURITY HOLDERS: COLUMBIA HIGH YIELD MUNICIPAL FUND At a Joint Special Meeting of Shareholders held on February 15, 2011, shareholders of the Fund considered a proposal to approve a proposed amendment to the Investment Management Services Agreement with Columbia Management Investment Advisers, LLC. The proposal was approved as follows:
VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES --------- ------------- ----------- ---------------- 597,744,180 8,967,254 3,793,846 0
EX-99.77E LEGAL 4 c66001ex99e.txt EXHIBIT 77E EXHIBIT 77E ITEM 77E - LEGAL PROCEEDINGS: In June 2004, an action captioned John E. Gallus et al. v. American Express Financial Corp. and American Express Financial Advisors Inc. was filed in the United States District Court for the District of Arizona. The plaintiffs allege that they are investors in several American Express Company mutual funds (branded as Columbia or RiverSource) and they purport to bring the action derivatively on behalf of those funds under the Investment Company Act of 1940. The plaintiffs allege that fees allegedly paid to the defendants by the funds for investment advisory and administrative services are excessive. The plaintiffs seek remedies including restitution and rescission of investment advisory and distribution agreements. The plaintiffs voluntarily agreed to transfer this case to the United States District Court for the District of Minnesota (the District Court). In response to defendants' motion to dismiss the complaint, the District Court dismissed one of plaintiffs' four claims and granted plaintiffs limited discovery. Defendants moved for summary judgment in April 2007. Summary judgment was granted in the defendants' favor on July 9, 2007. The plaintiffs filed a notice of appeal with the Eighth Circuit Court of Appeals (the Eighth Circuit) on August 8, 2007. On April 8, 2009, the Eighth Circuit reversed summary judgment and remanded to the District Court for further proceedings. On August 6, 2009, defendants filed a writ of certiorari with the U.S. Supreme Court (the Supreme Court), asking the Supreme Court to stay the District Court proceedings while the Supreme Court considers and rules in a case captioned Jones v. Harris Associates, which involves issues of law similar to those presented in the Gallus case. On March 30, 2010, the Supreme Court issued its ruling in Jones v. Harris Associates, and on April 5, 2010, the Supreme Court vacated the Eighth Circuit's decision in the Gallus case and remanded the case to the Eighth Circuit for further consideration in light of the Supreme Court's decision in Jones v. Harris Associates. On June 4, 2010, the Eighth Circuit remanded the Gallus case to the District Court for further consideration in light of the Supreme Court's decision in Jones v. Harris Associates. On December 9, 2010, the District Court reinstated its July 9, 2007 summary judgment order in favor of the defendants. On January 10, 2011, plaintiffs filed a notice of appeal with the Eighth Circuit. In response to the plaintiffs' opening appellate brief filed on March 18, 2011, the defendants filed a response brief on May 4, 2011 with the Eighth Circuit. The plaintiffs filed a reply brief on May 26, 2011. In December 2005, without admitting or denying the allegations, American Express Financial Corporation (AEFC, which is now known as Ameriprise Financial, Inc. (Ameriprise Financial)), entered into settlement agreements with the Securities and Exchange Commission (SEC) and Minnesota Department of Commerce (MDOC) related to market timing activities. As a result, AEFC was censured and ordered to cease and desist from committing or causing any violations of certain provisions of the Investment Advisers Act of 1940, the Investment Company Act of 1940, and various Minnesota laws. AEFC agreed to pay disgorgement of $10 million and civil money penalties of $7 million. AEFC also agreed to retain an independent distribution consultant to assist in developing a plan for distribution of all disgorgement and civil penalties ordered by the SEC in accordance with various undertakings detailed at www.sec.gov/ litigation/admin/ia-2451.pdf. Ameriprise Financial and its affiliates have cooperated with the SEC and the MDOC in these legal proceedings, and have made regular reports to the funds' Boards of Directors/Trustees. Ameriprise Financial and certain of its affiliates have historically been involved in a number of legal, arbitration and regulatory proceedings, including routine litigation, class actions, and governmental actions, concerning matters arising in connection with the conduct of their business activities. Ameriprise Financial believes that the Funds are not currently the subject of, and that neither Ameriprise Financial nor any of its affiliates are the subject of, any pending legal, arbitration or regulatory proceedings that are likely to have a material adverse effect on the Funds or the ability of Ameriprise Financial or its affiliates to perform under their contracts with the Funds. Ameriprise Financial is required to make 10-Q, 10-K and, as necessary, 8-K filings with the Securities and Exchange Commission on legal and regulatory matters that relate to Ameriprise Financial and its affiliates. Copies of these filings may be obtained by accessing the SEC website at www.sec.gov. There can be no assurance that these matters, or the adverse publicity associated with them, will not result in increased fund redemptions, reduced sale of fund shares or other adverse consequences to the Funds. Further, although we believe proceedings are not likely to have a material adverse effect on the Funds or the ability of Ameriprise Financial or its affiliates to perform under their contracts with the Funds, these proceedings are subject to uncertainties and, as such, we are unable to estimate the possible loss or range of loss that may result. An adverse outcome in one or more of these proceedings could result in adverse judgments, settlements, fines, penalties or other relief that could have a material adverse effect on the consolidated financial condition or results of operations of Ameriprise Financial. EX-99.77M MERGERS 5 c66001ex99m.txt EXHIBIT 77M EXHIBIT 77M ITEM 77M/77Q1(g) - MERGERS: Columbia Small Cap Value Fund I (the "Acquiring Fund") became the surviving entity in a reorganization with RiverSource Disciplined Small Cap Value Fund, a series of RiverSource Dimensions Series, Inc. (the "Acquired Fund"). In September 2010, the Board of Trustees of Columbia Funds Series Trust I and the Board of Directors of RiverSource Dimensions Series, Inc. each approved an agreement and plan of reorganization (the "Agreement and Plan") providing for the sale of all of the assets of the Acquired Fund to, and the assumption of all of the liabilities and obligations of the Acquired Fund by, the Acquiring Fund, in complete liquidation of the Acquired Fund. At a meeting of shareholders held on February 15, 2011, shareholders of the Acquired Fund approved the Agreement and Plan with respect to the applicable Reorganization. Effective on June 3, 2011, the Acquiring Fund acquired all the assets of, and assumed all the liabilities and obligations of, the Acquired Fund, in complete liquidation of the Acquired Fund. Shareholders of each class of shares of the Acquired Fund received shares of the corresponding share class of the Acquiring Fund in accordance with the Agreement and Plan. The registration statement of Columbia Funds Series Trust I on Form N-14, which was filed with the Securities and Exchange Commission on July 22, 2011 (accession no. 0001193125-11-194672), is incorporated by reference, including without limitation the Agreement and Plan filed as Exhibit (4) to the registration statement and the applicable prospectus/proxy statement describing the applicable Reorganization, which was filed with the Securities and Exchange Commission on December 28, 2010 (accession no. 0001193125-10-289274).