0001145549-20-007746.txt : 20200225 0001145549-20-007746.hdr.sgml : 20200225 20200225083842 ACCESSION NUMBER: 0001145549-20-007746 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200225 PERIOD START: 20200331 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: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-04367 FILM NUMBER: 20647584 BUSINESS ADDRESS: STREET 1: 225 FRANKLIN STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 800-345-6611 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 S000059356 Columbia Adaptive Retirement 2050 Fund C000194744 Columbia Adaptive Retirement 2050 Fund Advisor Class CARSX C000194745 Columbia Adaptive Retirement 2050 Fund Institutional 3 Class CARUX NPORT-P 1 primary_doc.xml NPORT-P false 0000773757 XXXXXXXX S000059356 C000194744 C000194745 Columbia Funds Series Trust I 811-04367 0000773757 549300W5GIE6ZOZOTD82 225 Franklin St. Boston 02110 800-345-6611 Columbia Adaptive Retirement 2050 Fund S000059356 549300BQQP3W3MD6XY26 2020-03-31 2019-12-31 N 1105892.880000000000 15183.990000000000 1090708.890000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 USD N COLUMBIA FUNDS/USA N/A COLUMBIA SHORT TERM CASH FUND 19766H239 8601.533000000000 NS USD 8600.670000000000 0.7885394608 Long STIV CORP US N 1 N N N Columbia Commodity Strategy Fund WYLFPRJKMBQ25JFLQU04 Columbia Commodity Strategy Fund 19766J623 15781.493000000000 NS USD 70701.090000000000 6.4821228330 Long EC RF US N 1 N N N COLUMBIA FUNDS/USA N/A COLUMBIA SOLUTIONS CONSERV PORT 19767X852 902.807000000000 NS USD 9289.880000000000 0.8517286404 Long EC RF US N N/A N N N COLUMBIA FUNDS/USA N/A COLUMBIA SOLUTIONS AGGRES PORT 19767X860 82486.653000000000 NS USD 871883.920000000000 79.9373625716 Long EC RF US N N/A N N N iShares TIPS Bond ETF 549300EHD1VQKMRQ0829 iShares TIPS Bond ETF 464287176 369.000000000000 NS USD 43014.330000000000 3.9437039887 Long EC RF US N 1 N N N iShares U.S. Real Estate ETF 549300SJWB2CPZFPT616 iShares U.S. Real Estate ETF 464287739 636.000000000000 NS USD 59198.880000000000 5.4275600523 Long EC RF US N 1 N N N iShares JP Morgan USD Emerging Markets Bond ETF 54930070R8WH6MNUJG74 iShares JP Morgan USD Emerging Markets Bond ETF 464288281 190.000000000000 NS USD 21766.400000000000 1.9956195644 Long EC RF US N 1 N N N Vanguard Mortgage-Backed Securities ETF N/A Vanguard Mortgage-Backed Securities ETF 92206C771 403.000000000000 NS USD 21427.510000000000 1.9645489458 Long EC RF US N 1 N N N 2020-01-23 Columbia Funds Series Trust I Martha Skinner Martha Skinner Assistant Treasurer XXXX NPORT-EX 2 nportpoi_targetdate9.htm
Portfolio of Investments
Columbia Adaptive Retirement 2020 Fund, December 31, 2019 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Alternative Strategies Funds 6.4%
  Shares Value ($)
Columbia Commodity Strategy Fund, Institutional 3 Class(a) 112,378 503,456
Total Alternative Strategies Funds
(Cost $491,544) 		503,456
Exchange-Traded Equity Funds 5.4%
Real Estate 5.4%
iShares U.S. Real Estate ETF 4,540 422,583
Total Exchange-Traded Equity Funds
(Cost $379,306) 		422,583
Exchange-Traded Fixed Income Funds 7.8%
Emerging Markets 2.0%
iShares JPMorgan USD Emerging Markets Bond ETF 1,354 155,114
Inflation Protected Securities 3.9%
iShares TIPS Bond ETF 2,633 306,929
Investment Grade 1.9%
Vanguard Mortgage-Backed Securities ETF 2,875 152,864
Total Exchange-Traded Fixed Income Funds
(Cost $599,342) 		614,907
Multi-Asset/Tactical Strategies Funds 80.3%
  Shares Value ($)
Columbia Solutions Aggressive Portfolio(a) 81,309 859,437
Columbia Solutions Conservative Portfolio(a) 527,778 5,430,831
Total Multi-Asset/Tactical Strategies Funds
(Cost $6,086,844) 		6,290,268
Money Market Funds 0.3%
Columbia Short-Term Cash Fund, 1.699%(a),(b) 21,845 21,843
Total Money Market Funds
(Cost $21,843) 		21,843
Total Investments in Securities
(Cost: $7,578,879) 		7,853,057
Other Assets & Liabilities, Net   (15,083)
Net Assets 7,837,974
Notes to Portfolio of Investments
(a) As defined in 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. Holdings and transactions in these affiliated companies during the period ended December 31, 2019 are as follows:
    
Issuer Beginning
shares 		Shares
purchased 		Shares
sold 		Ending
shares 		Capital gain
distributions —
affiliated
issuers ($) 		Realized gain
(loss) —
affiliated
issuers ($) 		Net change in
unrealized
appreciation
(depreciation) —
affiliated
issuers ($) 		Dividends —
affiliated
issuers ($) 		Value —
affiliated
issuers
at end of
period ($)
Columbia Commodity Strategy Fund, Institutional 3 Class
  102,780 117,205 (107,607) 112,378 — (72,084) 72,119 6,101 503,456
Columbia Short-Term Cash Fund, 1.699%
  305,155 1,065,050 (1,348,360) 21,845 — 23 — 2,478 21,843
Columbia Solutions Aggressive Portfolio
  93,945 15,534 (28,170) 81,309 66,196 21,525 33,643 26,682 859,437
Columbia Solutions Conservative Portfolio
  503,642 53,584 (29,448) 527,778 196,063 (5,514) 25,506 132,110 5,430,831
Total         262,259 (56,050) 131,268 167,371 6,815,567
    
(b) The rate shown is the seven-day current annualized yield at December 31, 2019.
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Adaptive Retirement 2020 Fund | Quarterly Report 2019
1
Portfolio of Investments
Columbia Adaptive Retirement 2025 Fund, December 31, 2019 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Alternative Strategies Funds 6.5%
  Shares Value ($)
Columbia Commodity Strategy Fund, Institutional 3 Class(a) 53,038 237,614
Total Alternative Strategies Funds
(Cost $231,992) 		237,614
Exchange-Traded Equity Funds 5.5%
Real Estate 5.5%
iShares U.S. Real Estate ETF 2,140 199,191
Total Exchange-Traded Equity Funds
(Cost $178,884) 		199,191
Exchange-Traded Fixed Income Funds 7.9%
Emerging Markets 2.0%
iShares JPMorgan USD Emerging Markets Bond ETF 638 73,089
Inflation Protected Securities 3.9%
iShares TIPS Bond ETF 1,241 144,664
Investment Grade 2.0%
Vanguard Mortgage-Backed Securities ETF 1,355 72,045
Total Exchange-Traded Fixed Income Funds
(Cost $280,953) 		289,798
Multi-Asset/Tactical Strategies Funds 80.9%
  Shares Value ($)
Columbia Solutions Aggressive Portfolio(a) 68,663 725,771
Columbia Solutions Conservative Portfolio(a) 217,614 2,239,245
Total Multi-Asset/Tactical Strategies Funds
(Cost $2,867,954) 		2,965,016
Money Market Funds 0.4%
Columbia Short-Term Cash Fund, 1.699%(a),(b) 15,121 15,119
Total Money Market Funds
(Cost $15,119) 		15,119
Total Investments in Securities
(Cost: $3,574,902) 		3,706,738
Other Assets & Liabilities, Net   (42,277)
Net Assets 3,664,461
Notes to Portfolio of Investments
(a) As defined in 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. Holdings and transactions in these affiliated companies during the period ended December 31, 2019 are as follows:
    
Issuer Beginning
shares 		Shares
purchased 		Shares
sold 		Ending
shares 		Capital gain
distributions —
affiliated
issuers ($) 		Realized gain
(loss) —
affiliated
issuers ($) 		Net change in
unrealized
appreciation
(depreciation) —
affiliated
issuers ($) 		Dividends —
affiliated
issuers ($) 		Value —
affiliated
issuers
at end of
period ($)
Columbia Commodity Strategy Fund, Institutional 3 Class
  47,677 55,804 (50,443) 53,038 — (33,479) 33,547 2,879 237,614
Columbia Short-Term Cash Fund, 1.699%
  170,520 532,538 (687,937) 15,121 — 11 — 1,188 15,119
Columbia Solutions Aggressive Portfolio
  76,096 11,299 (18,732) 68,663 55,996 14,387 28,887 22,570 725,771
Columbia Solutions Conservative Portfolio
  201,621 29,333 (13,340) 217,614 80,958 (4,135) 9,768 54,551 2,239,245
Total         136,954 (23,216) 72,202 81,188 3,217,749
    
(b) The rate shown is the seven-day current annualized yield at December 31, 2019.
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
2 Columbia Adaptive Retirement 2025 Fund | Quarterly Report 2019
Portfolio of Investments
Columbia Adaptive Retirement 2030 Fund, December 31, 2019 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Alternative Strategies Funds 6.3%
  Shares Value ($)
Columbia Commodity Strategy Fund, Institutional 3 Class(a) 32,366 144,999
Total Alternative Strategies Funds
(Cost $141,210) 		144,999
Exchange-Traded Equity Funds 5.4%
Real Estate 5.4%
iShares U.S. Real Estate ETF 1,342 124,913
Total Exchange-Traded Equity Funds
(Cost $118,155) 		124,913
Exchange-Traded Fixed Income Funds 7.9%
Emerging Markets 2.0%
iShares JPMorgan USD Emerging Markets Bond ETF 400 45,824
Inflation Protected Securities 3.9%
iShares TIPS Bond ETF 778 90,691
Investment Grade 2.0%
Vanguard Mortgage-Backed Securities ETF 850 45,195
Total Exchange-Traded Fixed Income Funds
(Cost $179,280) 		181,710
Multi-Asset/Tactical Strategies Funds 80.4%
  Shares Value ($)
Columbia Solutions Aggressive Portfolio(a) 68,358 722,546
Columbia Solutions Conservative Portfolio(a) 110,505 1,137,101
Total Multi-Asset/Tactical Strategies Funds
(Cost $1,832,255) 		1,859,647
Money Market Funds 0.7%
Columbia Short-Term Cash Fund, 1.699%(a),(b) 15,582 15,580
Total Money Market Funds
(Cost $15,580) 		15,580
Total Investments in Securities
(Cost: $2,286,480) 		2,326,849
Other Assets & Liabilities, Net   (15,201)
Net Assets 2,311,648
Notes to Portfolio of Investments
(a) As defined in 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. Holdings and transactions in these affiliated companies during the period ended December 31, 2019 are as follows:
    
Issuer Beginning
shares 		Shares
purchased 		Shares
sold 		Ending
shares 		Capital gain
distributions —
affiliated
issuers ($) 		Realized gain
(loss) —
affiliated
issuers ($) 		Net change in
unrealized
appreciation
(depreciation) —
affiliated
issuers ($) 		Dividends —
affiliated
issuers ($) 		Value —
affiliated
issuers
at end of
period ($)
Columbia Commodity Strategy Fund, Institutional 3 Class
  15,584 38,801 (22,019) 32,366 — (10,570) 12,742 1,757 144,999
Columbia Short-Term Cash Fund, 1.699%
  52,252 434,378 (471,048) 15,582 — 7 — 524 15,580
Columbia Solutions Aggressive Portfolio
  38,636 40,714 (10,992) 68,358 54,265 34,046 16,105 21,872 722,546
Columbia Solutions Conservative Portfolio
  52,358 62,157 (4,010) 110,505 40,011 16,765 (11,035) 26,960 1,137,101
Total         94,276 40,248 17,812 51,113 2,020,226
    
(b) The rate shown is the seven-day current annualized yield at December 31, 2019.
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Adaptive Retirement 2030 Fund | Quarterly Report 2019
3
Portfolio of Investments
Columbia Adaptive Retirement 2035 Fund, December 31, 2019 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Alternative Strategies Funds 6.5%
  Shares Value ($)
Columbia Commodity Strategy Fund, Institutional 3 Class(a) 21,893 98,079
Total Alternative Strategies Funds
(Cost $95,944) 		98,079
Exchange-Traded Equity Funds 5.5%
Real Estate 5.5%
iShares U.S. Real Estate ETF 897 83,493
Total Exchange-Traded Equity Funds
(Cost $77,291) 		83,493
Exchange-Traded Fixed Income Funds 8.0%
Emerging Markets 2.0%
iShares JPMorgan USD Emerging Markets Bond ETF 267 30,587
Inflation Protected Securities 4.0%
iShares TIPS Bond ETF 520 60,616
Investment Grade 2.0%
Vanguard Mortgage-Backed Securities ETF 568 30,201
Total Exchange-Traded Fixed Income Funds
(Cost $118,569) 		121,404
Multi-Asset/Tactical Strategies Funds 82.0%
  Shares Value ($)
Columbia Solutions Aggressive Portfolio(a) 65,481 692,136
Columbia Solutions Conservative Portfolio(a) 53,497 550,487
Total Multi-Asset/Tactical Strategies Funds
(Cost $1,212,138) 		1,242,623
Money Market Funds 0.8%
Columbia Short-Term Cash Fund, 1.699%(a),(b) 12,762 12,761
Total Money Market Funds
(Cost $12,761) 		12,761
Total Investments in Securities
(Cost: $1,516,703) 		1,558,360
Other Assets & Liabilities, Net   (42,511)
Net Assets 1,515,849
Notes to Portfolio of Investments
(a) As defined in 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. Holdings and transactions in these affiliated companies during the period ended December 31, 2019 are as follows:
    
Issuer Beginning
shares 		Shares
purchased 		Shares
sold 		Ending
shares 		Capital gain
distributions —
affiliated
issuers ($) 		Realized gain
(loss) —
affiliated
issuers ($) 		Net change in
unrealized
appreciation
(depreciation) —
affiliated
issuers ($) 		Dividends —
affiliated
issuers ($) 		Value —
affiliated
issuers
at end of
period ($)
Columbia Commodity Strategy Fund, Institutional 3 Class
  13,509 24,885 (16,501) 21,893 — (9,565) 9,970 1,188 98,079
Columbia Short-Term Cash Fund, 1.699%
  67,378 310,885 (365,501) 12,762 — 5 — 428 12,761
Columbia Solutions Aggressive Portfolio
  47,133 28,807 (10,459) 65,481 53,102 (1,025) 19,557 21,404 692,136
Columbia Solutions Conservative Portfolio
  31,957 24,642 (3,102) 53,497 19,615 (688) (4,693) 13,217 550,487
Total         72,717 (11,273) 24,834 36,237 1,353,463
    
(b) The rate shown is the seven-day current annualized yield at December 31, 2019.
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
4 Columbia Adaptive Retirement 2035 Fund | Quarterly Report 2019
Portfolio of Investments
Columbia Adaptive Retirement 2040 Fund, December 31, 2019 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Alternative Strategies Funds 6.4%
  Shares Value ($)
Columbia Commodity Strategy Fund, Institutional 3 Class(a) 17,120 76,695
Total Alternative Strategies Funds
(Cost $74,897) 		76,695
Exchange-Traded Equity Funds 5.4%
Real Estate 5.4%
iShares U.S. Real Estate ETF 700 65,156
Total Exchange-Traded Equity Funds
(Cost $58,823) 		65,156
Exchange-Traded Fixed Income Funds 7.9%
Emerging Markets 2.0%
iShares JPMorgan USD Emerging Markets Bond ETF 209 23,943
Inflation Protected Securities 3.9%
iShares TIPS Bond ETF 406 47,328
Investment Grade 2.0%
Vanguard Mortgage-Backed Securities ETF 443 23,554
Total Exchange-Traded Fixed Income Funds
(Cost $92,872) 		94,825
Multi-Asset/Tactical Strategies Funds 80.6%
  Shares Value ($)
Columbia Solutions Aggressive Portfolio(a) 67,100 709,252
Columbia Solutions Conservative Portfolio(a) 25,263 259,951
Total Multi-Asset/Tactical Strategies Funds
(Cost $922,254) 		969,203
Money Market Funds 0.9%
Columbia Short-Term Cash Fund, 1.699%(a),(b) 10,506 10,505
Total Money Market Funds
(Cost $10,505) 		10,505
Total Investments in Securities
(Cost: $1,159,351) 		1,216,384
Other Assets & Liabilities, Net   (14,661)
Net Assets 1,201,723
Notes to Portfolio of Investments
(a) As defined in 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. Holdings and transactions in these affiliated companies during the period ended December 31, 2019 are as follows:
    
Issuer Beginning
shares 		Shares
purchased 		Shares
sold 		Ending
shares 		Capital gain
distributions —
affiliated
issuers ($) 		Realized gain
(loss) —
affiliated
issuers ($) 		Net change in
unrealized
appreciation
(depreciation) —
affiliated
issuers ($) 		Dividends —
affiliated
issuers ($) 		Value —
affiliated
issuers
at end of
period ($)
Columbia Commodity Strategy Fund, Institutional 3 Class
  14,083 18,059 (15,022) 17,120 — (9,628) 9,795 929 76,695
Columbia Short-Term Cash Fund, 1.699%
  47,862 224,504 (261,860) 10,506 — 4 — 411 10,505
Columbia Solutions Aggressive Portfolio
  63,510 15,224 (11,634) 67,100 54,775 4,865 28,657 22,079 709,252
Columbia Solutions Conservative Portfolio
  19,165 7,756 (1,658) 25,263 9,287 (288) (667) 6,258 259,951
Total         64,062 (5,047) 37,785 29,677 1,056,403
    
(b) The rate shown is the seven-day current annualized yield at December 31, 2019.
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Adaptive Retirement 2040 Fund | Quarterly Report 2019
5
Portfolio of Investments
Columbia Adaptive Retirement 2045 Fund, December 31, 2019 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Alternative Strategies Funds 6.7%
  Shares Value ($)
Columbia Commodity Strategy Fund, Institutional 3 Class(a) 15,995 71,659
Total Alternative Strategies Funds
(Cost $69,968) 		71,659
Exchange-Traded Equity Funds 5.6%
Real Estate 5.6%
iShares U.S. Real Estate ETF 643 59,851
Total Exchange-Traded Equity Funds
(Cost $53,780) 		59,851
Exchange-Traded Fixed Income Funds 8.1%
Emerging Markets 2.1%
iShares JPMorgan USD Emerging Markets Bond ETF 192 21,995
Inflation Protected Securities 4.0%
iShares TIPS Bond ETF 373 43,481
Investment Grade 2.0%
Vanguard Mortgage-Backed Securities ETF 407 21,640
Total Exchange-Traded Fixed Income Funds
(Cost $84,466) 		87,116
Multi-Asset/Tactical Strategies Funds 82.7%
  Shares Value ($)
Columbia Solutions Aggressive Portfolio(a) 74,749 790,097
Columbia Solutions Conservative Portfolio(a) 9,766 100,496
Total Multi-Asset/Tactical Strategies Funds
(Cost $844,001) 		890,593
Money Market Funds 0.9%
Columbia Short-Term Cash Fund, 1.699%(a),(b) 10,048 10,047
Total Money Market Funds
(Cost $10,047) 		10,047
Total Investments in Securities
(Cost: $1,062,262) 		1,119,266
Other Assets & Liabilities, Net   (42,603)
Net Assets 1,076,663
Notes to Portfolio of Investments
(a) As defined in 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. Holdings and transactions in these affiliated companies during the period ended December 31, 2019 are as follows:
    
Issuer Beginning
shares 		Shares
purchased 		Shares
sold 		Ending
shares 		Capital gain
distributions —
affiliated
issuers ($) 		Realized gain
(loss) —
affiliated
issuers ($) 		Net change in
unrealized
appreciation
(depreciation) —
affiliated
issuers ($) 		Dividends —
affiliated
issuers ($) 		Value —
affiliated
issuers
at end of
period ($)
Columbia Commodity Strategy Fund, Institutional 3 Class
  13,484 17,547 (15,036) 15,995 — (9,384) 9,426 868 71,659
Columbia Short-Term Cash Fund, 1.699%
  65,198 195,988 (251,138) 10,048 — 4 — 400 10,047
Columbia Solutions Aggressive Portfolio
  72,550 13,024 (10,825) 74,749 61,765 3,414 32,162 24,895 790,097
Columbia Solutions Conservative Portfolio
  6,794 3,801 (829) 9,766 3,654 (236) (702) 2,462 100,496
Total         65,419 (6,202) 40,886 28,625 972,299
    
(b) The rate shown is the seven-day current annualized yield at December 31, 2019.
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
6 Columbia Adaptive Retirement 2045 Fund | Quarterly Report 2019
Portfolio of Investments
Columbia Adaptive Retirement 2050 Fund, December 31, 2019 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Alternative Strategies Funds 6.5%
  Shares Value ($)
Columbia Commodity Strategy Fund, Institutional 3 Class(a) 15,781 70,701
Total Alternative Strategies Funds
(Cost $69,039) 		70,701
Exchange-Traded Equity Funds 5.4%
Real Estate 5.4%
iShares U.S. Real Estate ETF 636 59,199
Total Exchange-Traded Equity Funds
(Cost $53,239) 		59,199
Exchange-Traded Fixed Income Funds 7.9%
Emerging Markets 2.0%
iShares JPMorgan USD Emerging Markets Bond ETF 190 21,766
Inflation Protected Securities 3.9%
iShares TIPS Bond ETF 369 43,014
Investment Grade 2.0%
Vanguard Mortgage-Backed Securities ETF 403 21,428
Total Exchange-Traded Fixed Income Funds
(Cost $84,315) 		86,208
Multi-Asset/Tactical Strategies Funds 80.8%
  Shares Value ($)
Columbia Solutions Aggressive Portfolio(a) 82,486 871,884
Columbia Solutions Conservative Portfolio(a) 903 9,290
Total Multi-Asset/Tactical Strategies Funds
(Cost $827,522) 		881,174
Money Market Funds 0.8%
Columbia Short-Term Cash Fund, 1.699%(a),(b) 8,602 8,601
Total Money Market Funds
(Cost $8,601) 		8,601
Total Investments in Securities
(Cost: $1,042,716) 		1,105,883
Other Assets & Liabilities, Net   (15,174)
Net Assets 1,090,709
Notes to Portfolio of Investments
(a) As defined in 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. Holdings and transactions in these affiliated companies during the period ended December 31, 2019 are as follows:
    
Issuer Beginning
shares 		Shares
purchased 		Shares
sold 		Ending
shares 		Capital gain
distributions —
affiliated
issuers ($) 		Realized gain
(loss) —
affiliated
issuers ($) 		Net change in
unrealized
appreciation
(depreciation) —
affiliated
issuers ($) 		Dividends —
affiliated
issuers ($) 		Value —
affiliated
issuers
at end of
period ($)
Columbia Commodity Strategy Fund, Institutional 3 Class
  13,813 16,992 (15,024) 15,781 — (9,463) 9,451 857 70,701
Columbia Short-Term Cash Fund, 1.699%
  42,947 200,284 (234,629) 8,602 — 4 — 371 8,601
Columbia Solutions Aggressive Portfolio
  81,391 12,064 (10,969) 82,486 67,823 3,314 35,128 27,337 871,884
Columbia Solutions Conservative Portfolio
  — 903 — 903 322 — (407) 217 9,290
Total         68,145 (6,145) 44,172 28,782 960,476
    
(b) The rate shown is the seven-day current annualized yield at December 31, 2019.
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Adaptive Retirement 2050 Fund | Quarterly Report 2019
7
Portfolio of Investments
Columbia Adaptive Retirement 2055 Fund, December 31, 2019 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Alternative Strategies Funds 6.7%
  Shares Value ($)
Columbia Commodity Strategy Fund, Institutional 3 Class(a) 16,074 72,013
Total Alternative Strategies Funds
(Cost $70,314) 		72,013
Exchange-Traded Equity Funds 5.5%
Real Estate 5.5%
iShares U.S. Real Estate ETF 645 60,036
Total Exchange-Traded Equity Funds
(Cost $53,968) 		60,036
Exchange-Traded Fixed Income Funds 8.1%
Emerging Markets 2.1%
iShares JPMorgan USD Emerging Markets Bond ETF 192 21,996
Inflation Protected Securities 4.0%
iShares TIPS Bond ETF 374 43,597
Investment Grade 2.0%
Vanguard Mortgage-Backed Securities ETF 408 21,693
Total Exchange-Traded Fixed Income Funds
(Cost $84,625) 		87,286
Multi-Asset/Tactical Strategies Funds 82.7%
  Shares Value ($)
Columbia Solutions Aggressive Portfolio(a) 84,539 893,577
Total Multi-Asset/Tactical Strategies Funds
(Cost $842,005) 		893,577
Money Market Funds 0.9%
Columbia Short-Term Cash Fund, 1.699%(a),(b) 10,065 10,064
Total Money Market Funds
(Cost $10,064) 		10,064
Total Investments in Securities
(Cost: $1,060,976) 		1,122,976
Other Assets & Liabilities, Net   (42,592)
Net Assets 1,080,384
Notes to Portfolio of Investments
(a) As defined in 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. Holdings and transactions in these affiliated companies during the period ended December 31, 2019 are as follows:
    
Issuer Beginning
shares 		Shares
purchased 		Shares
sold 		Ending
shares 		Capital gain
distributions —
affiliated
issuers ($) 		Realized gain
(loss) —
affiliated
issuers ($) 		Net change in
unrealized
appreciation
(depreciation) —
affiliated
issuers ($) 		Dividends —
affiliated
issuers ($) 		Value —
affiliated
issuers
at end of
period ($)
Columbia Commodity Strategy Fund, Institutional 3 Class
  13,480 17,688 (15,094) 16,074 — (9,366) 9,409 873 72,013
Columbia Short-Term Cash Fund, 1.699%
  64,292 199,922 (254,149) 10,065 — 5 — 392 10,064
Columbia Solutions Aggressive Portfolio
  79,431 14,562 (9,454) 84,539 69,853 36,581 36,361 28,155 893,577
Total         69,853 27,220 45,770 29,420 975,654
    
(b) The rate shown is the seven-day current annualized yield at December 31, 2019.
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
8 Columbia Adaptive Retirement 2055 Fund | Quarterly Report 2019
Portfolio of Investments
Columbia Adaptive Retirement 2060 Fund, December 31, 2019 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Alternative Strategies Funds 6.5%
  Shares Value ($)
Columbia Commodity Strategy Fund, Institutional 3 Class(a) 15,947 71,441
Total Alternative Strategies Funds
(Cost $69,762) 		71,441
Exchange-Traded Equity Funds 5.4%
Real Estate 5.4%
iShares U.S. Real Estate ETF 642 59,758
Total Exchange-Traded Equity Funds
(Cost $53,746) 		59,758
Exchange-Traded Fixed Income Funds 7.9%
Emerging Markets 2.0%
iShares JPMorgan USD Emerging Markets Bond ETF 192 21,995
Inflation Protected Securities 3.9%
iShares TIPS Bond ETF 373 43,481
Investment Grade 2.0%
Vanguard Mortgage-Backed Securities ETF 407 21,640
Total Exchange-Traded Fixed Income Funds
(Cost $85,208) 		87,116
Multi-Asset/Tactical Strategies Funds 80.8%
  Shares Value ($)
Columbia Solutions Aggressive Portfolio(a) 84,220 890,206
Total Multi-Asset/Tactical Strategies Funds
(Cost $835,225) 		890,206
Money Market Funds 0.8%
Columbia Short-Term Cash Fund, 1.699%(a),(b) 9,155 9,154
Total Money Market Funds
(Cost $9,154) 		9,154
Total Investments in Securities
(Cost: $1,053,095) 		1,117,675
Other Assets & Liabilities, Net   (15,178)
Net Assets 1,102,497
Notes to Portfolio of Investments
(a) As defined in 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. Holdings and transactions in these affiliated companies during the period ended December 31, 2019 are as follows:
    
Issuer Beginning
shares 		Shares
purchased 		Shares
sold 		Ending
shares 		Capital gain
distributions —
affiliated
issuers ($) 		Realized gain
(loss) —
affiliated
issuers ($) 		Net change in
unrealized
appreciation
(depreciation) —
affiliated
issuers ($) 		Dividends —
affiliated
issuers ($) 		Value —
affiliated
issuers
at end of
period ($)
Columbia Commodity Strategy Fund, Institutional 3 Class
  13,903 17,189 (15,145) 15,947 — (9,520) 9,513 866 71,441
Columbia Short-Term Cash Fund, 1.699%
  45,164 201,660 (237,669) 9,155 — 5 — 375 9,154
Columbia Solutions Aggressive Portfolio
  81,919 12,760 (10,459) 84,220 69,230 2,044 35,966 27,904 890,206
Total         69,230 (7,471) 45,479 29,145 970,801
    
(b) The rate shown is the seven-day current annualized yield at December 31, 2019.
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Adaptive Retirement 2060 Fund | Quarterly Report 2019
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