|
OMB APPROVAL | ||||
| OMB Number: | 3235-0578 | |||
| Expires: | March 31, 2019 | |||
| Estimated average burden | ||||
| hours per response | 10.5 | |||
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS
OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-04367
Columbia Funds Series Trust I
(Exact name of registrant as specified in charter)
| 225 Franklin Street, Boston, MA | 02110 | |
| (Address of principal executive offices) | (Zip code) |
Ryan Larrenaga
c/o Columbia Management Investment Advisers, LLC
225 Franklin Street
Boston, MA 02110
(Name and address of agent for service)
Registrant’s telephone number, including area code: (800) 345-6611
Date of fiscal year end: April 30
Date of reporting period: January 31, 2017
Item 1. Schedule of Investments.
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
1 |
| 2 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
3 |
| 4 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
5 |
| 6 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
7 |
| 8 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
9 |
| 10 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
11 |
| 12 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
13 |
| 14 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
15 |
| Forward foreign currency exchange contracts open at January 31, 2017 | |||||
| Counterparty | Exchange
date |
Currency
to be delivered |
Currency
to be received |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Citi | 03/15/2017 | 182,000 AUD | 137,511 USD | — | (387) |
| Citi | 03/15/2017 | 200,000 CAD | 152,870 USD | — | (13,922) |
| Citi | 03/15/2017 | 113,000 CHF | 113,054 USD | — | (9,648) |
| Citi | 03/15/2017 | 4,267,994 DKK | 620,932 USD | 254 | — |
| Citi | 03/15/2017 | 179,000 DKK | 25,806 USD | — | (4,077) |
| Citi | 03/15/2017 | 411,000 EUR | 440,054 USD | — | (10,336) |
| Citi | 03/15/2017 | 216,000 GBP | 275,088 USD | 3,131 | — |
| Citi | 03/15/2017 | 104,000 GBP | 128,008 USD | — | (2,935) |
| Citi | 03/15/2017 | 801,000 HKD | 103,339 USD | 91 | — |
| Citi | 03/15/2017 | 63,000 ILS | 16,571 USD | — | (186) |
| Citi | 03/15/2017 | 82,567,000 JPY | 729,466 USD | — | (2,793) |
| Citi | 03/15/2017 | 77,000 NOK | 9,108 USD | — | (5,824) |
| Citi | 03/15/2017 | 12,000 NZD | 8,616 USD | — | (177) |
| Citi | 03/15/2017 | 473,000 SEK | 53,176 USD | — | (1,162) |
| Citi | 03/15/2017 | 61,000 SGD | 42,814 USD | — | (1,022) |
| Citi | 03/15/2017 | 162,254 USD | 222,000 AUD | 96,295 | — |
| Citi | 03/15/2017 | 57,542 USD | 76,000 CAD | 143,803 | — |
| Citi | 03/15/2017 | 179,157 USD | 181,000 CHF | 128,143 | — |
| Citi | 03/15/2017 | 539,128 USD | 3,753,000 DKK | 9,079 | — |
| Citi | 03/15/2017 | 914,762 USD | 863,000 EUR | 186,004 | — |
| Citi | 03/15/2017 | 341,877 USD | 277,000 GBP | 6,882 | — |
| Citi | 03/15/2017 | 10,616,741 USD | 8,414,000 GBP | — | (23,001) |
| Citi | 03/15/2017 | 16,902 USD | 131,000 HKD | — | (1,612) |
| Citi | 03/15/2017 | 76,418 USD | 288,792 ILS | 3,524 | — |
| Citi | 03/15/2017 | 512,014 USD | 59,496,000 JPY | 135,954 | — |
| Citi | 03/15/2017 | 1,990,684 USD | 222,876,507 JPY | — | (14,069) |
| Citi | 03/15/2017 | 26,920 USD | 229,000 NOK | 8,846 | — |
| Citi | 03/15/2017 | 2,574 USD | 3,599 NZD | 3,684 | — |
| Citi | 03/15/2017 | 41,715 USD | 371,000 SEK | 82,336 | — |
| Citi | 03/15/2017 | 123,146 USD | 175,472 SGD | 8,518 | — |
| Total | 816,544 | (91,151) | |||
| Long futures contracts outstanding | ||||||
| Contract description | Number
of contracts |
Trading
currency |
Notional
market value ($) |
Expiration date | Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Amsterdam IDX | 37 | EUR | 3,793,643 | 02/2017 | — | (49,850) |
| CAC40 Index | 99 | EUR | 5,073,676 | 02/2017 | — | (112,243) |
| DAX Index | 15 | EUR | 4,681,655 | 03/2017 | 112,839 | — |
| FTSE 100 Index | 106 | GBP | 9,395,028 | 03/2017 | 222,628 | — |
| FTSE/MIB Index | 13 | EUR | 1,303,221 | 03/2017 | — | (16,889) |
| Hang Seng Index | 13 | HKD | 1,954,633 | 02/2017 | 35,233 | — |
| IBEX 35 Index | 18 | EUR | 1,815,146 | 02/2017 | — | (4,545) |
| MSCI Singapore IX ETS | 23 | SGD | 550,378 | 02/2017 | — | (1,114) |
| OMXS30 Index | 94 | SEK | 1,652,530 | 02/2017 | 33,100 | — |
| S&P 500 E-mini | 773 | USD | 87,909,425 | 03/2017 | 987,372 | — |
| S&P/TSE 60 Index | 36 | CAD | 5,020,772 | 03/2017 | 15,467 | — |
| SPI 200 Index | 42 | AUD | 4,423,559 | 03/2017 | 37,615 | — |
| TOPIX Index | 95 | JPY | 12,763,706 | 03/2017 | 421,356 | — |
| Total | 140,337,372 | 1,865,610 | (184,641) | |||
| 16 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Open options contracts written at January 31, 2017 | |||||||
| Issuer | Puts/Calls | Notional
currency |
Number
of contracts |
Exercise
price |
Premium
received ($) |
Expiration
date |
Value ($) |
| Diamondback Energy, Inc. | CALL | USD | (204) | 92.50 | (242,344) | 03/2017 | (278,460) |
| Phillips 66 | CALL | USD | (149) | 85.00 | (41,327) | 06/2017 | (34,270) |
| Total | (283,671) | (312,730) | |||||
| Total return swap contracts outstanding at January 31, 2017 | ||||||||
| Counterparty | Fund receives | Fund pays | Expiration
date |
Notional
currency |
Notional
amount |
Unamortized
premium (Paid) received ($) |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Macquarie | Floating rate based on 1-month HKD HIBOR-HKAB | Total return on China Resources Beer Holdings Co., Ltd. | 09/19/2017 | HKD | 8,922,160 | — | — | (64,630) |
| Macquarie | Total return on Samsung Electronics Co., Ltd. | Floating rate based on 1-month USD LIBOR-BBA | 09/19/2017 | USD | 3,881,831 | — | 347,567 | — |
| Macquarie | Floating rate based on 1-month HKD HIBOR-HKAB | Total return on Tsingtao Brewery Co., Ltd. | 09/19/2017 | HKD | 6,382,500 | — | — | (63,807) |
| Macquarie | Floating rate based on 1-month HKD HIBOR-HKAB | Total return on Semiconductor Manufacturing International Corp. | 09/15/2020 | HKD | 16,640,876 | — | 81,649 | — |
| Macquarie | Floating rate based on 1-month HKD HIBOR-HKAB | Total return on Bank of East Asia Ltd. (The) | 09/15/2020 | HKD | 7,753,820 | — | — | (42,780) |
| Macquarie | Floating rate based on 1-month HKD HIBOR-HKAB | Total return on Hang Seng Bank Ltd. | 09/15/2020 | HKD | 4,948,450 | — | — | (36,871) |
| Total | — | 429,216 | (208,088) | |||||
| Total return swap contracts on futures at January 31, 2017 | ||||||
| Counterparty | Reference instrument | Expiration
date |
Trading
currency |
Notional
amount |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Morgan Stanley | MSCI Singapore IX ETS Feb 17 | 02/2017 | SGD | 47,859 | — | (184) |
| Morgan Stanley | Swiss Market Index Mar 17 | 03/2017 | CHF | 5,563,529 | 5,136 | — |
| Total | 5,611,388 | 5,136 | (184) | |||
| Counterparty | Description | Termination
date |
Net
unrealized appreciation (depreciation) ($) |
| JPMorgan | The Fund receives the total return on a portfolio of long and short positions and pays the AUD BBSW 1-month, HKD HIBOR 1-month, or JPY LIBOR 1-month based on the local currencies of the positions within the swap. | 01/14/2021 | 334,991 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
17 |
| 18 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
19 |
| 20 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
21 |
| 22 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| (a) | The notional amounts of the positions held in the total return basket swap represent the market values (including any fees or commissions) of the long and short positions when they are established. The total return basket swap is valued daily, and the change in value is recorded as unrealized appreciation (depreciation). Payments received or made are recorded as realized gains (losses). |
| (b) | Net cash and other receivables (payables) includes gains (losses) which will be paid upon the swap reset. |
| Counterparty | Description | Termination
Date |
Net
unrealized appreciation (depreciation) ($) |
| Morgan Stanley International | The Fund receives the total return on a portfolio of long and short positions and pays the FEDEF 1-day, EONIA 1-day, or SONIA 1-day based on the local currencies of the positions within the swap. | 10/29/2018 | 2,128,074 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
23 |
| 24 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
25 |
| 26 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
27 |
| 28 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
29 |
| 30 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
31 |
| 32 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
33 |
| 34 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
35 |
| 36 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
37 |
| (a) | The notional amounts of the positions held in the total return basket swap represent the market values (including any fees or commissions) of the long and short positions when they are established. The total return basket swap is valued daily, and the change in value is recorded as unrealized appreciation (depreciation). Payments received or made are recorded as realized gains (losses). |
| (b) | Net cash and other receivables (payables) includes gains (losses) which will be paid upon the swap reset. |
| (a) | Non-income producing investment. |
| (b) | This security or a portion of this security has been pledged as collateral in connection with securities sold short. |
| (c) | At January 31, 2017, securities valued at $3,361,606 were held to cover open call options written. |
| (d) | Represents privately placed and other securities and instruments exempt from SEC registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only to qualified institutional buyers. The Fund may invest in private placements determined to be liquid as well as those determined to be illiquid. Private placements may be determined to be liquid under guidelines established by the Fund’s Board of Trustees. At January 31, 2017, the value of these securities amounted to $209,615 or 0.02% of net assets. |
| (e) | The rate shown is the seven-day current annualized yield at January 31, 2017. |
| (f) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. Holdings and transactions in these affiliated companies during the period ended January 31, 2017 are as follows: |
| Issuer | Beginning
shares |
Shares
purchased |
Shares
sold |
Ending
shares |
Realized
gain (loss) ($) |
Dividends
— affiliated issuers($) |
Value ($) |
| Columbia Short-Term Cash Fund, 0.662% | 20,000 | 935,297,142 | (766,724,792) | 168,592,350 | (47) | 297,256 | 168,592,350 |
| ADR | American Depositary Receipt |
| SDR | Swedish Depositary Receipt |
| 38 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| AUD | Australian Dollar |
| CAD | Canada Dollar |
| CHF | Swiss Franc |
| DKK | Danish Krone |
| EUR | Euro |
| GBP | British Pound |
| HKD | Hong Kong Dollar |
| ILS | New Israeli Sheqel |
| JPY | Japanese Yen |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| SEK | Swedish Krona |
| SGD | Singapore Dollar |
| USD | US Dollar |
| Federal
tax cost ($) |
Gross
unrealized appreciation ($) |
Gross
unrealized (depreciation) ($) |
Net
unrealized appreciation ($) |
| 885,481,000 | 55,084,000 | (11,648,000) | 43,436,000 |
| • | Level 1 – Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date (including NAV for open-end mutual funds). Valuation adjustments are not applied to Level 1 investments. |
| • | Level 2 – Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). |
| • | Level 3 – Valuations based on significant unobservable inputs (including the Fund’s own assumptions and judgment in determining the fair value of investments). |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
39 |
| Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Investments
measured at net asset value ($) |
Total ($) | |
| Investments | |||||
| Common Stocks | |||||
| Consumer Discretionary | 54,945,720 | 11,625,349 | — | — | 66,571,069 |
| Consumer Staples | 34,884,566 | 21,887,004 | — | — | 56,771,570 |
| Energy | 42,879,579 | 9,940,414 | — | — | 52,819,993 |
| Financials | 107,338,338 | 10,526,424 | — | — | 117,864,762 |
| Health Care | 90,637,221 | 18,699,336 | — | — | 109,336,557 |
| Industrials | 48,040,035 | 35,201,477 | — | — | 83,241,512 |
| Information Technology | 136,651,487 | 14,302,503 | — | — | 150,953,990 |
| Materials | 33,617,466 | 17,225,163 | — | — | 50,842,629 |
| Real Estate | 441,004 | 7,935,774 | — | — | 8,376,778 |
| Telecommunication Services | 9,261,468 | 24,923,443 | — | — | 34,184,911 |
| Utilities | 9,232,680 | 12,499,542 | — | — | 21,732,222 |
| Total Common Stocks | 567,929,564 | 184,766,429 | — | — | 752,695,993 |
| Limited Partnerships | |||||
| Energy | 7,476,835 | — | — | — | 7,476,835 |
| Preferred Stocks | |||||
| Consumer Discretionary | — | 151,677 | — | — | 151,677 |
| Money Market Funds | — | — | — | 168,592,350 | 168,592,350 |
| Total Investments | 575,406,399 | 184,918,106 | — | 168,592,350 | 928,916,855 |
| Investments Sold Short | |||||
| Common Stocks | |||||
| Consumer Discretionary | (36,178,246) | (24,487,071) | — | — | (60,665,317) |
| Consumer Staples | (5,636,085) | (6,248,442) | — | — | (11,884,527) |
| Energy | (38,695,216) | (11,424,960) | — | — | (50,120,176) |
| Financials | (34,402,897) | (20,511,660) | — | — | (54,914,557) |
| Health Care | (15,583,834) | (7,188,814) | — | — | (22,772,648) |
| Industrials | (20,159,145) | (12,053,343) | — | — | (32,212,488) |
| Information Technology | (37,516,038) | (12,327,224) | — | — | (49,843,262) |
| Materials | (11,973,434) | (7,185,904) | — | — | (19,159,338) |
| Real Estate | (7,144,247) | (7,224,171) | — | — | (14,368,418) |
| Telecommunication Services | (7,830,250) | (4,369,144) | — | — | (12,199,394) |
| Utilities | (1,839,021) | (2,242,786) | — | — | (4,081,807) |
| Total Common Stocks | (216,958,413) | (115,263,519) | — | — | (332,221,932) |
| Limited Partnerships | |||||
| Energy | (1,711,612) | — | — | — | (1,711,612) |
| 40 | Multi-Manager Directional Alternative Strategies Fund | Quarterly Report 2017 |
| Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Investments
measured at net asset value ($) |
Total ($) | |
| Preferred Stocks | |||||
| Consumer Discretionary | — | (1,872,137) | — | — | (1,872,137) |
| Health Care | — | (431,465) | — | — | (431,465) |
| Total Preferred Stocks | — | (2,303,602) | — | — | (2,303,602) |
| Total Investments Sold Short | (218,670,025) | (117,567,121) | — | — | (336,237,146) |
| Total Investments, Net of Investments Sold Short | 356,736,374 | 67,350,985 | — | 168,592,350 | 592,679,709 |
| Derivatives | |||||
| Asset | |||||
| Forward Foreign Currency Exchange Contracts | — | 816,544 | — | — | 816,544 |
| Futures Contracts | 1,865,610 | — | — | — | 1,865,610 |
| Swap Contracts | — | 2,897,417 | — | — | 2,897,417 |
| Liability | |||||
| Forward Foreign Currency Exchange Contracts | — | (91,151) | — | — | (91,151) |
| Futures Contracts | (184,641) | — | — | — | (184,641) |
| Options Contracts Written | (312,730) | — | — | — | (312,730) |
| Swap Contracts | — | (208,272) | — | — | (208,272) |
| Total | 358,104,613 | 70,765,523 | — | 168,592,350 | 597,462,486 |
| Multi-Manager
Directional Alternative Strategies Fund | Quarterly Report 2017 |
41 |
| Columbia
Bond Fund | Quarterly Report 2017 |
1 |
| 2 | Columbia Bond Fund | Quarterly Report 2017 |
| Columbia
Bond Fund | Quarterly Report 2017 |
3 |
| 4 | Columbia Bond Fund | Quarterly Report 2017 |
| Columbia
Bond Fund | Quarterly Report 2017 |
5 |
| 6 | Columbia Bond Fund | Quarterly Report 2017 |
| Columbia
Bond Fund | Quarterly Report 2017 |
7 |
| 8 | Columbia Bond Fund | Quarterly Report 2017 |
| Columbia
Bond Fund | Quarterly Report 2017 |
9 |
| Long futures contracts outstanding | ||||||
| Contract description | Number
of contracts |
Trading
currency |
Notional
market value ($) |
Expiration date | Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| U.S. Treasury 10-Year Note | 54 | USD | 6,721,313 | 03/2017 | 31,059 | — |
| U.S. Treasury 10-Year Note | 27 | USD | 3,360,656 | 03/2017 | 19,799 | — |
| U.S. Treasury 2-Year Note | 96 | USD | 20,812,500 | 03/2017 | 38,079 | — |
| 10 | Columbia Bond Fund | Quarterly Report 2017 |
| Long futures contracts outstanding (continued) | ||||||
| Contract description | Number
of contracts |
Trading
currency |
Notional
market value ($) |
Expiration date | Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| U.S. Treasury 2-Year Note | 6 | USD | 1,300,781 | 03/2017 | — | (9) |
| U.S. Treasury 5-Year Note | 153 | USD | 18,033,680 | 03/2017 | 595 | — |
| U.S. Treasury 5-Year Note | 92 | USD | 10,843,781 | 03/2017 | — | (25,025) |
| U.S. Treasury Ultra 10-Year Note | 18 | USD | 2,414,813 | 03/2017 | 4,189 | — |
| Total | 63,487,524 | 93,721 | (25,034) | |||
| Short futures contracts outstanding | ||||||
| Contract description | Number
of contracts |
Trading
currency |
Notional
market value ($) |
Expiration date | Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| U.S. Long Bond | (50) | USD | (7,542,187) | 03/2017 | 49,124 | — |
| U.S. Long Bond | (9) | USD | (1,357,594) | 03/2017 | 989 | — |
| U.S. Long Bond | (10) | USD | (1,508,438) | 03/2017 | — | (645) |
| U.S. Ultra Bond | (50) | USD | (8,034,375) | 03/2017 | 44,975 | — |
| U.S. Ultra Bond | (9) | USD | (1,446,188) | 03/2017 | — | (17,206) |
| Total | (19,888,782) | 95,088 | (17,851) | |||
| Buy protection | |||||||||||
| Counterparty | Reference
entity |
Expiration
date |
Pay
fixed rate (%) |
Notional
currency |
Notional
amount ($) |
Market
value ($) |
Periodic
payments receivable (payable) ($) |
Premium
paid ($) |
Premium
received ($) |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Barclays | McDonald’s Corp. | 12/20/21 | 1.000 | USD | 440,000 | (13,882) | (526) | — | (10,984) | — | (3,424) |
| Citi | Goldman Sachs Group, Inc. | 12/20/21 | 1.000 | USD | 825,000 | (4,036) | (985) | 1,893 | — | — | (6,914) |
| JPMorgan | JPMorgan Chase Bank NA | 12/20/21 | 1.000 | USD | 6,355,000 | (31,083) | (7,591) | — | (11,602) | — | (27,072) |
| Total | 1,893 | (22,586) | — | (37,410) | |||||||
| Buy protection | |||||||
| Counterparty | Reference
entity |
Expiration
date |
Pay
fixed rate (%) |
Notional
currency |
Notional
amount ($) |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Morgan Stanley | Markit CDX North America Investment Grade Index, Series 27 | 12/20/2021 | 1.000 | USD | 10,065,000 | — | (45,353) |
| Sell protection | ||||||||
| Counterparty | Reference
entity |
Expiration
date |
Receive
fixed rate (%) |
Implied
credit spread (%) |
Notional
currency |
Notional
amount ($) |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Morgan Stanley | Markit CDX North America Investment Grade Index, Series 27 | 12/20/2023 | 1.000 | 0.933 | USD | (10,855,000) | — | (3,695) |
| (a) | Variable rate security. |
| (b) | Represents privately placed and other securities and instruments exempt from SEC registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only to qualified institutional buyers. The Fund may invest in private placements determined to be liquid as well as those determined to be illiquid. Private placements may be determined to be liquid under guidelines established by the Fund’s Board of Trustees. At January 31, 2017, the value of these securities amounted to $82,730,394 or 16.80% of net assets. |
| (c) | Interest Only (IO) represents the right to receive the monthly interest payments on an underlying pool of mortgage loans. |
| (d) | Non-income producing investment. |
| (e) | Represents a security purchased on a when-issued or delayed delivery basis. |
| Columbia
Bond Fund | Quarterly Report 2017 |
11 |
| (f) | Principal and interest may not be guaranteed by the government. |
| (g) | This security or a portion of this security has been pledged as collateral in connection with derivative contracts. |
| (h) | Represents fair value as determined in good faith under procedures approved by the Board of Trustees. At January 31, 2017, the value of these securities amounted to $2,296, which represents less than 0.01% of net assets. |
| (i) | Zero coupon bond. |
| (j) | The rate shown is the seven-day current annualized yield at January 31, 2017. |
| (k) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. Holdings and transactions in these affiliated companies during the period ended January 31, 2017 are as follows: |
| Issuer | Beginning
shares |
Shares
purchased |
Shares
sold |
Ending
shares |
Realized
gain (loss) ($) |
Dividends
— affiliated issuers($) |
Value ($) |
| Columbia Short-Term Cash Fund, 0.662% | 868,546 | 151,474,531 | (147,337,161) | 5,005,916 | 825 | 22,596 | 5,005,916 |
| CMO | Collateralized Mortgage Obligation |
| STRIPS | Separate Trading of Registered Interest and Principal Securities |
| USD | US Dollar |
| Federal
tax cost ($) |
Gross
unrealized appreciation ($) |
Gross
unrealized (depreciation) ($) |
Net
unrealized appreciation ($) |
| 532,589,000 | 7,191,000 | (6,175,000) | 1,016,000 |
| • | Level 1 - Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date (including NAV for open-end mutual funds). Valuation adjustments are not applied to Level 1 investments. |
| • | Level 2 – Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). |
| • | Level 3 – Valuations based on significant unobservable inputs (including the Fund’s own assumptions and judgment in determining the fair value of investments). |
| 12 | Columbia Bond Fund | Quarterly Report 2017 |
| Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Investments
measured at net asset value ($) |
Total ($) | |
| Investments | |||||
| Asset-Backed Securities — Agency | — | 9,964,065 | 4,013,796 | — | 13,977,861 |
| Asset-Backed Securities — Non-Agency | — | 80,435,106 | — | — | 80,435,106 |
| Commercial Mortgage-Backed Securities - Non-Agency | — | 25,200,169 | — | — | 25,200,169 |
| Common Stocks | |||||
| Consumer Staples | 28 | — | — | — | 28 |
| Financials | 930 | — | — | — | 930 |
| Total Common Stocks | 958 | — | — | — | 958 |
| Corporate Bonds & Notes | — | 125,348,453 | — | — | 125,348,453 |
| Foreign Government Obligations | — | 4,771,933 | — | — | 4,771,933 |
| Municipal Bonds | — | 11,662,142 | — | — | 11,662,142 |
| Preferred Debt | 367,405 | — | — | — | 367,405 |
| Residential Mortgage-Backed Securities - Agency | — | 136,674,863 | — | — | 136,674,863 |
| Residential Mortgage-Backed Securities - Non-Agency | — | 11,452,532 | 2,296 | — | 11,454,828 |
| U.S. Government & Agency Obligations | — | 15,022,809 | — | — | 15,022,809 |
| U.S. Treasury Obligations | 85,593,465 | 18,089,456 | — | — | 103,682,921 |
| Money Market Funds | — | — | — | 5,005,916 | 5,005,916 |
| Total Investments | 85,961,828 | 438,621,528 | 4,016,092 | 5,005,916 | 533,605,364 |
| Derivatives | |||||
| Asset | |||||
| Futures Contracts | 188,809 | — | — | — | 188,809 |
| Liability | |||||
| Futures Contracts | (42,885) | — | — | — | (42,885) |
| Swap Contracts | — | (86,458) | — | — | (86,458) |
| Total | 86,107,752 | 438,535,070 | 4,016,092 | 5,005,916 | 533,664,830 |
| Columbia
Bond Fund | Quarterly Report 2017 |
13 |
| Investments in securities | Balance
as of 04/30/2016 ($) |
Increase
(decrease) in accrued discounts/ premiums ($) |
Realized
gain (loss) ($) |
Change
in unrealized appreciation (depreciation)(a) ($) |
Purchases
($) |
Sales
($) |
Balance
as of 01/31/2017 ($) |
| Asset-Backed Securities — Agency | — | — | — | (1,204) | 4,015,000 | — | 4,013,796 |
| Asset-Backed Securities — Non-Agency | 1,748,867 | — | 61 | 1,072 | 100,000 | (1,850,000) | — |
| Residential Mortgage-Backed Securities — Agency | 6,845,889 | — | — | (15,944) | — | (6,829,945) | — |
| Residential Mortgage-Backed Securities — Non-Agency | 2,594 | 224 | — | (31) | — | (491) | 2,296 |
| Total | 8,597,350 | 224 | 61 | (16,107) | 4,115,000 | (8,680,436) | 4,016,092 |
| 14 | Columbia Bond Fund | Quarterly Report 2017 |
| Columbia
Corporate Income Fund | Quarterly Report 2017 |
1 |
| 2 | Columbia Corporate Income Fund | Quarterly Report 2017 |
| Columbia
Corporate Income Fund | Quarterly Report 2017 |
3 |
| 4 | Columbia Corporate Income Fund | Quarterly Report 2017 |
| Columbia
Corporate Income Fund | Quarterly Report 2017 |
5 |
| 6 | Columbia Corporate Income Fund | Quarterly Report 2017 |
| Columbia
Corporate Income Fund | Quarterly Report 2017 |
7 |
| 8 | Columbia Corporate Income Fund | Quarterly Report 2017 |
| Columbia
Corporate Income Fund | Quarterly Report 2017 |
9 |
| 10 | Columbia Corporate Income Fund | Quarterly Report 2017 |
| Long futures contracts outstanding | ||||||
| Contract description | Number
of contracts |
Trading
currency |
Notional
market value ($) |
Expiration date | Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| U.S. Treasury 5-Year Note | 1,167 | USD | 137,551,008 | 03/2017 | — | (238,293) |
| U.S. Treasury Ultra 10-Year Note | 27 | USD | 3,622,219 | 03/2017 | — | (14,599) |
| U.S. Ultra Bond | 431 | USD | 69,256,313 | 03/2017 | — | (437,112) |
| Total | 210,429,540 | — | (690,004) | |||
| Short futures contracts outstanding | ||||||
| Contract description | Number
of contracts |
Trading
currency |
Notional
market value ($) |
Expiration date | Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| U.S. Long Bond | (893) | USD | (134,703,469) | 03/2017 | 877,529 | — |
| U.S. Treasury 10-Year Note | (1,201) | USD | (149,486,969) | 03/2017 | 505,753 | — |
| U.S. Treasury 2-Year Note | (202) | USD | (43,792,969) | 03/2017 | 18,624 | — |
| Total | (327,983,407) | 1,401,906 | — | |||
| (a) | Represents fair value as determined in good faith under procedures approved by the Board of Trustees. At January 31, 2017, the value of these securities amounted to $9,525, which represents less than 0.01% of net assets. |
| (b) | Non-income producing investment. |
| (c) | Negligible market value. |
| Columbia
Corporate Income Fund | Quarterly Report 2017 |
11 |
| (d) | Represents privately placed and other securities and instruments exempt from SEC registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only to qualified institutional buyers. The Fund may invest in private placements determined to be liquid as well as those determined to be illiquid. Private placements may be determined to be liquid under guidelines established by the Fund’s Board of Trustees. At January 31, 2017, the value of these securities amounted to $242,245,093 or 21.12% of net assets. |
| (e) | Variable rate security. |
| (f) | Represents securities that have defaulted on payment of interest. The Fund has stopped accruing interest on these securities. At January 31, 2017, the value of these securities amounted to $80,575 which represents 0.01% of net assets. |
| (g) | Represents a security purchased on a when-issued or delayed delivery basis. |
| (h) | Principal and interest may not be guaranteed by the government. |
| (i) | Senior loans have interest rates that float periodically based primarily on the London Interbank Offered Rate (“LIBOR”) and other short-term rates. The interest rate shown reflects the weighted average coupon as of January 31, 2017. The interest rate shown for senior loans purchased on a when-issued or delayed delivery basis, if any, reflects an estimated average coupon. Remaining maturities of senior loans may be less than the stated maturities shown as a result of contractual or optional prepayments by the borrower. Such prepayments cannot be predicted. |
| (j) | The rate shown is the seven-day current annualized yield at January 31, 2017. |
| (k) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. Holdings and transactions in these affiliated companies during the period ended January 31, 2017 are as follows: |
| Issuer | Beginning
shares |
Shares
purchased |
Shares
sold |
Ending
shares |
Realized
gain (loss) ($) |
Dividends
— affiliated issuers($) |
Value ($) |
| Columbia Short-Term Cash Fund, 0.662% | 193,913,794 | 352,656,649 | (522,487,322) | 24,083,121 | 803 | 479,277 | 24,083,121 |
| PIK | Payment In Kind |
| USD | US Dollar |
| Federal
tax cost ($) |
Gross
unrealized appreciation ($) |
Gross
unrealized (depreciation) ($) |
Net
unrealized (depreciation) ($) |
| 1,147,712,000 | 19,599,000 | (20,018,000) | (419,000) |
| • | Level 1 – Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date (including NAV for open-end mutual funds). Valuation adjustments are not applied to Level 1 investments. |
| • | Level 2 – Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). |
| • | Level 3 – Valuations based on significant unobservable inputs (including the Fund’s own assumptions and judgment in determining the fair value of investments). |
| 12 | Columbia Corporate Income Fund | Quarterly Report 2017 |
| Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Investments
measured at net asset value ($) |
Total ($) | |
| Investments | |||||
| Common Stocks | |||||
| Financials | 33,152 | — | — | — | 33,152 |
| Corporate Bonds & Notes | — | 1,067,246,587 | 9,525 | — | 1,067,256,112 |
| Foreign Government Obligations | — | 902,454 | — | — | 902,454 |
| Senior Loans | — | 123,332 | — | — | 123,332 |
| U.S. Treasury Obligations | 54,894,730 | — | — | — | 54,894,730 |
| Money Market Funds | — | — | — | 24,083,121 | 24,083,121 |
| Total Investments | 54,927,882 | 1,068,272,373 | 9,525 | 24,083,121 | 1,147,292,901 |
| Derivatives | |||||
| Asset | |||||
| Futures Contracts | 1,401,906 | — | — | — | 1,401,906 |
| Liability | |||||
| Futures Contracts | (690,004) | — | — | — | (690,004) |
| Total | 55,639,784 | 1,068,272,373 | 9,525 | 24,083,121 | 1,148,004,803 |
| Columbia
Corporate Income Fund | Quarterly Report 2017 |
13 |
| 14 | Columbia Corporate Income Fund | Quarterly Report 2017 |
| Columbia
Multi-Asset Income Fund | Quarterly Report 2017 |
1 |
| 2 | Columbia Multi-Asset Income Fund | Quarterly Report 2017 |
| Columbia
Multi-Asset Income Fund | Quarterly Report 2017 |
3 |
| 4 | Columbia Multi-Asset Income Fund | Quarterly Report 2017 |
| Columbia
Multi-Asset Income Fund | Quarterly Report 2017 |
5 |
| 6 | Columbia Multi-Asset Income Fund | Quarterly Report 2017 |
| Columbia
Multi-Asset Income Fund | Quarterly Report 2017 |
7 |
| 8 | Columbia Multi-Asset Income Fund | Quarterly Report 2017 |
| Columbia
Multi-Asset Income Fund | Quarterly Report 2017 |
9 |
| 10 | Columbia Multi-Asset Income Fund | Quarterly Report 2017 |
| Columbia
Multi-Asset Income Fund | Quarterly Report 2017 |
11 |
| 12 | Columbia Multi-Asset Income Fund | Quarterly Report 2017 |
| Columbia
Multi-Asset Income Fund | Quarterly Report 2017 |
13 |
| 14 | Columbia Multi-Asset Income Fund | Quarterly Report 2017 |
| Columbia
Multi-Asset Income Fund | Quarterly Report 2017 |
15 |
| Money Market Funds 3.7% | ||
| Shares | Value ($) | |
| Columbia Short-Term Cash Fund, 0.662%(h),(i) | 4,654,035 | 4,654,035 |
| Total
Money Market Funds (Cost $4,654,035) |
4,654,035 | |
| Total
Investments (Cost: $125,104,538) |
124,824,695 | |
| Other Assets & Liabilities, Net | 1,242,610 | |
| Net Assets | 126,067,305 | |
| Long futures contracts outstanding | ||||||
| Contract description | Number
of contracts |
Trading
currency |
Notional
market value ($) |
Expiration date | Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| S&P 500 E-mini | 83 | USD | 9,439,175 | 03/2017 | 160,032 | — |
| U.S. Treasury 10-Year Note | 74 | USD | 9,210,687 | 03/2017 | 25,253 | — |
| U.S. Ultra Bond | 17 | USD | 2,731,688 | 03/2017 | — | (22,346) |
| Total | 21,381,550 | 185,285 | (22,346) | |||
| (a) | Represents privately placed and other securities and instruments exempt from SEC registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only to qualified institutional buyers. The Fund may invest in private placements determined to be liquid as well as those determined to be illiquid. Private placements may be determined to be liquid under guidelines established by the Fund’s Board of Trustees. At January 31, 2017, the value of these securities amounted to $65,519,759 or 51.97% of net assets. |
| (b) | Variable rate security. |
| (c) | Non-income producing investment. |
| (d) | Represents a security purchased on a when-issued or delayed delivery basis. |
| (e) | Principal and interest may not be guaranteed by the government. |
| (f) | Interest Only (IO) represents the right to receive the monthly interest payments on an underlying pool of mortgage loans. |
| (g) | Senior loans have interest rates that float periodically based primarily on the London Interbank Offered Rate (“LIBOR”) and other short-term rates. The interest rate shown reflects the weighted average coupon as of January 31, 2017. The interest rate shown for senior loans purchased on a when-issued or delayed delivery basis, if any, reflects an estimated average coupon. Remaining maturities of senior loans may be less than the stated maturities shown as a result of contractual or optional prepayments by the borrower. Such prepayments cannot be predicted. |
| (h) | The rate shown is the seven-day current annualized yield at January 31, 2017. |
| (i) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. Holdings and transactions in these affiliated companies during the period ended January 31, 2017 are as follows: |
| Issuer | Beginning
shares |
Shares
purchased |
Shares
sold |
Ending
shares |
Realized
gain (loss) ($) |
Dividends
— affiliated issuers($) |
Value ($) |
| Columbia Short-Term Cash Fund, 0.662% | 3,386,008 | 73,715,720 | (72,447,693) | 4,654,035 | 5 | 15,096 | 4,654,035 |
| ADR | American Depositary Receipt |
| CMO | Collateralized Mortgage Obligation |
| PIK | Payment In Kind |
| 16 | Columbia Multi-Asset Income Fund | Quarterly Report 2017 |
| USD | US Dollar |
| Federal
tax cost ($) |
Gross
unrealized appreciation ($) |
Gross
unrealized (depreciation) ($) |
Net
unrealized (depreciation) ($) |
| 125,105,000 | 3,032,000 | (3,312,000) | (280,000) |
| • | Level 1 – Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date (including NAV for open-end mutual funds). Valuation adjustments are not applied to Level 1 investments. |
| • | Level 2 – Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). |
| • | Level 3 – Valuations based on significant unobservable inputs (including the Fund’s own assumptions and judgment in determining the fair value of investments). |
| Columbia
Multi-Asset Income Fund | Quarterly Report 2017 |
17 |
| Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Investments
measured at net asset value ($) |
Total ($) | |
| Investments | |||||
| Asset-Backed Securities — Non-Agency | — | 750,047 | — | — | 750,047 |
| Commercial Mortgage-Backed Securities - Non-Agency | — | 1,644,085 | — | — | 1,644,085 |
| Common Stocks | |||||
| Consumer Discretionary | 99,617 | — | — | — | 99,617 |
| Consumer Staples | 767,892 | 238,605 | — | — | 1,006,497 |
| Energy | 1,754,412 | 223,479 | — | — | 1,977,891 |
| Financials | 426,691 | — | — | — | 426,691 |
| Health Care | 589,209 | 83,561 | — | — | 672,770 |
| Industrials | 96,112 | 57,537 | — | — | 153,649 |
| Information Technology | 886,425 | 30,497 | — | — | 916,922 |
| Materials | 192,309 | — | — | — | 192,309 |
| Real Estate | 4,064,256 | — | — | — | 4,064,256 |
| Telecommunication Services | 534,680 | 54,858 | — | — | 589,538 |
| Utilities | 502,069 | 21,581 | — | — | 523,650 |
| Total Common Stocks | 9,913,672 | 710,118 | — | — | 10,623,790 |
| Corporate Bonds & Notes | — | 33,422,063 | — | — | 33,422,063 |
| Equity-Linked Notes | — | 29,139,381 | — | — | 29,139,381 |
| Exchange-Traded Funds | 9,798,258 | — | — | — | 9,798,258 |
| Foreign Government Obligations | — | 13,975,443 | — | — | 13,975,443 |
| Limited Partnerships | |||||
| Energy | 5,098,188 | — | — | — | 5,098,188 |
| Utilities | 343,781 | — | — | — | 343,781 |
| Total Limited Partnerships | 5,441,969 | — | — | — | 5,441,969 |
| Residential Mortgage-Backed Securities - Agency | — | 4,137,065 | — | — | 4,137,065 |
| Residential Mortgage-Backed Securities - Non-Agency | — | 7,191,542 | 357,919 | — | 7,549,461 |
| Senior Loans | — | 161,465 | — | — | 161,465 |
| U.S. Treasury Obligations | 3,527,633 | — | — | — | 3,527,633 |
| Money Market Funds | — | — | — | 4,654,035 | 4,654,035 |
| Total Investments | 28,681,532 | 91,131,209 | 357,919 | 4,654,035 | 124,824,695 |
| Derivatives | |||||
| Asset | |||||
| Futures Contracts | 185,285 | — | — | — | 185,285 |
| Liability | |||||
| Futures Contracts | (22,346) | — | — | — | (22,346) |
| Total | 28,844,471 | 91,131,209 | 357,919 | 4,654,035 | 124,987,634 |
| 18 | Columbia Multi-Asset Income Fund | Quarterly Report 2017 |
| Columbia
Small Cap Value Fund I | Quarterly Report 2017 |
1 |
| 2 | Columbia Small Cap Value Fund I | Quarterly Report 2017 |
| Columbia
Small Cap Value Fund I | Quarterly Report 2017 |
3 |
| 4 | Columbia Small Cap Value Fund I | Quarterly Report 2017 |
| (a) | Non-income producing investment. |
| (b) | The rate shown is the seven-day current annualized yield at January 31, 2017. |
| (c) | 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 January 31, 2017 are as follows: |
| Issuer | Beginning
shares |
Shares
purchased |
Shares
sold |
Ending
shares |
Realized
gain (loss) ($) |
Dividends
— affiliated issuers($) |
Value ($) |
| Columbia Short-Term Cash Fund, 0.662% | 10,221,763 | 100,854,391 | (110,515,609) | 560,545 | 397 | 17,597 | 560,545 |
| ADR | American Depositary Receipt |
| Federal
tax cost ($) |
Gross
unrealized appreciation ($) |
Gross
unrealized (depreciation) ($) |
Net
unrealized appreciation ($) |
| 388,254,000 | 229,065,000 | (11,918,000) | 217,147,000 |
| Columbia
Small Cap Value Fund I | Quarterly Report 2017 |
5 |
| • | Level 1 – Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date (including NAV for open-end mutual funds). Valuation adjustments are not applied to Level 1 investments. |
| • | Level 2 – Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). |
| • | Level 3 – Valuations based on significant unobservable inputs (including the Fund’s own assumptions and judgment in determining the fair value of investments). |
| Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Investments
measured at net asset value ($) |
Total ($) | |
| Investments | |||||
| Common Stocks | |||||
| Consumer Discretionary | 63,510,272 | — | — | — | 63,510,272 |
| Consumer Staples | 12,051,785 | — | — | — | 12,051,785 |
| Energy | 42,527,265 | 3,115,224 | — | — | 45,642,489 |
| Financials | 209,057,614 | — | — | — | 209,057,614 |
| Health Care | 58,836,537 | — | — | — | 58,836,537 |
| Industrials | 83,045,927 | — | — | — | 83,045,927 |
| Information Technology | 51,814,833 | — | — | — | 51,814,833 |
| Materials | 35,536,121 | — | — | — | 35,536,121 |
| Real Estate | 34,108,969 | — | — | — | 34,108,969 |
| Telecommunication Services | 4,190,794 | — | — | — | 4,190,794 |
| Utilities | 7,044,618 | — | — | — | 7,044,618 |
| Total Common Stocks | 601,724,735 | 3,115,224 | — | — | 604,839,959 |
| Money Market Funds | — | — | — | 560,545 | 560,545 |
| Total Investments | 601,724,735 | 3,115,224 | — | 560,545 | 605,400,504 |
| 6 | Columbia Small Cap Value Fund I | Quarterly Report 2017 |
| Columbia
Small Cap Value Fund I | Quarterly Report 2017 |
7 |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
1 |
| 2 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
3 |
| 4 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
5 |
| 6 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
7 |
| 8 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
9 |
| 10 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
11 |
| 12 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
13 |
| 14 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
15 |
| 16 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
17 |
| 18 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
19 |
| 20 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Options Purchased Puts 0.2% | ||||
| Issuer | Notional ($)/Contracts | Exercise
Price |
Expiration
Date |
Value ($) |
| 5-Year OTC interest rate swap with Citi to receive 3-Month USD LIBOR BBA and pay exercise rate | ||||
| 175,000,000 | 2.00 | 07/16/18 | 5,075,875 | |
| U.S. Treasury 10-Year Note | ||||
| 510 | 121.00 | 02/24/17 | 15,937 | |
| Total
Options Purchased Puts (Cost $1,912,018) |
5,091,812 | |||
| Money Market Funds 0.1% | ||
| Shares | Value ($) | |
| Columbia Short-Term Cash Fund, 0.662%(o),(p) | 2,641,507 | 2,641,507 |
| Total
Money Market Funds (Cost $2,641,507) |
2,641,507 | |
| Total
Investments (Cost: $3,121,928,540) |
3,119,662,814 | |
| Other Assets & Liabilities, Net | (305,218,664) | |
| Net Assets | 2,814,444,150 | |
| Forward foreign currency exchange contracts open at January 31, 2017 | |||||
| Counterparty | Exchange
date |
Currency
to be delivered |
Currency
to be received |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Barclays | 02/23/2017 | 839,000 EUR | 897,613 USD | — | (8,740) |
| Total | — | (8,740) | |||
| Long futures contracts outstanding | ||||||
| Contract description | Number
of contracts |
Trading
currency |
Notional
market value ($) |
Expiration date | Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| U.S. Treasury 5-Year Note | 1,519 | USD | 179,040,259 | 03/2017 | 503,398 | — |
| U.S. Treasury 5-Year Note | 229 | USD | 26,991,586 | 03/2017 | 4,820 | — |
| U.S. Treasury Ultra 10-Year Note | 138 | USD | 18,513,563 | 03/2017 | 262,003 | — |
| U.S. Treasury Ultra 10-Year Note | 107 | USD | 14,354,719 | 03/2017 | 4,812 | — |
| Total | 238,900,127 | 775,033 | — | |||
| Short futures contracts outstanding | ||||||
| Contract description | Number
of contracts |
Trading
currency |
Notional
market value ($) |
Expiration date | Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| U.S. Long Bond | (191) | USD | (28,811,156) | 03/2017 | 129,212 | — |
| U.S. Long Bond | (62) | USD | (9,352,313) | 03/2017 | — | (3,996) |
| U.S. Long Bond | (207) | USD | (31,224,656) | 03/2017 | — | (340,047) |
| U.S. Treasury 10-Year Note | (580) | USD | (72,191,875) | 03/2017 | 338,621 | — |
| U.S. Treasury 2-Year Note | (358) | USD | (77,613,282) | 03/2017 | 49,699 | — |
| U.S. Ultra Bond | (245) | USD | (39,368,437) | 03/2017 | 122,423 | — |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
21 |
| Short futures contracts outstanding (continued) | ||||||
| Contract description | Number
of contracts |
Trading
currency |
Notional
market value ($) |
Expiration date | Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| U.S. Ultra Bond | (33) | USD | (5,302,688) | 03/2017 | 7,368 | — |
| U.S. Ultra Bond | (21) | USD | (3,374,438) | 03/2017 | — | (31,524) |
| Total | (267,238,845) | 647,323 | (375,567) | |||
| Open options contracts written at January 31, 2017 | |||||||
| Issuer | Puts/Calls | Notional
currency |
Number
of contracts |
Exercise
price |
Premium
received ($) |
Expiration
date |
Value ($) |
| 10-Year OTC interest rate swap with Citi to receive 3-Month USD LIBOR BBA and pay exercise rate. | CALL | USD | (22,500,000) | 2.00 | (41,825) | 04/2027 | (41,825) |
| 5-Year OTC interest rate swap with Citi to receive exercise rate and pay 3-Month USD LIBOR BBA. | PUT | USD | (75,000,000) | 2.20 | (487,500) | 03/2017 | (167,663) |
| 5-Year OTC interest rate swap with Morgan Stanley to receive exercise rate and pay 3-Month USD LIBOR BBA. | PUT | USD | (30,000,000) | 2.00 | (168,000) | 02/2017 | (117,615) |
| Total | (697,325) | (327,103) | |||||
| Buy protection | |||||||||||
| Counterparty | Reference
entity |
Expiration
date |
Pay
fixed rate (%) |
Notional
currency |
Notional
amount ($) |
Market
value ($) |
Periodic
payments receivable (payable) ($) |
Premium
paid ($) |
Premium
received ($) |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Barclays | American International Group, Inc. | 12/20/21 | 1.000 | USD | 7,505,000 | (61,249) | (8,964) | — | (65,391) | — | (4,822) |
| Barclays | EI du Pont de Nemours & Co. | 12/20/21 | 1.000 | USD | 7,530,000 | (165,317) | (8,994) | — | (150,191) | — | (24,120) |
| Barclays | Electricite de France SA | 12/20/21 | 1.000 | USD | 10,415,000 | (7,151) | (12,440) | — | (23,730) | 4,139 | — |
| Barclays | Home Depot, Inc. | 12/20/21 | 1.000 | USD | 21,280,000 | (712,357) | (25,418) | — | (705,588) | — | (32,187) |
| Barclays | International Business Machines Corp. | 12/20/21 | 1.000 | USD | 3,015,000 | (80,597) | (3,601) | — | (60,238) | — | (23,960) |
| Barclays | McDonald’s Corp. | 12/20/21 | 1.000 | USD | 2,480,000 | (78,251) | (2,962) | — | (61,911) | — | (19,302) |
| Barclays | Morgan Stanley | 12/20/21 | 1.000 | USD | 6,060,000 | (40,961) | (7,238) | — | (19,529) | — | (28,670) |
| Citi | American International Group, Inc. | 12/20/21 | 1.000 | USD | 7,500,000 | (61,209) | (8,958) | — | (58,444) | — | (11,723) |
| Citi | American International Group, Inc. | 12/20/21 | 1.000 | USD | 6,845,000 | (55,862) | (8,176) | — | (48,617) | — | (15,421) |
| Citi | Bank of America Corp. | 12/20/21 | 1.000 | USD | 8,255,000 | (112,087) | (9,860) | — | (90,691) | — | (31,256) |
| Citi | Eastman Chemical Co. | 12/20/21 | 1.000 | USD | 6,010,000 | (67,697) | (7,179) | — | (55,208) | — | (19,668) |
| Citi | Energy Transfer Partners, LP | 12/20/21 | 1.000 | USD | 1,520,000 | 14,067 | (1,816) | 58,544 | — | — | (46,293) |
| Citi | Energy Transfer Partners, LP | 12/20/21 | 1.000 | USD | 3,040,000 | 28,134 | (3,631) | 108,001 | — | — | (83,498) |
| Citi | Ford Motor Credit Co. LLC | 12/20/21 | 5.000 | USD | 3,030,000 | (488,005) | (18,096) | — | (488,646) | — | (17,455) |
| Citi | Goldman Sachs Group, Inc. | 12/20/21 | 1.000 | USD | 9,580,000 | (46,857) | (11,443) | 21,983 | — | — | (80,283) |
| Citi | International Business Machines Corp. | 12/20/21 | 1.000 | USD | 3,025,000 | (80,863) | (3,613) | — | (59,432) | — | (25,044) |
| Citi | Kroger Co. (The) | 12/20/21 | 1.000 | USD | 4,455,000 | (70,182) | (5,321) | — | (80,338) | 4,835 | — |
| Citi | Markit CDX Emerging Markets Index, Series 26 | 12/20/21 | 1.000 | USD | 30,370,000 | 1,846,626 | (36,275) | 1,837,121 | — | — | (26,770) |
| Citi | Markit CDX Emerging Markets Index, Series 26 | 12/20/21 | 1.000 | USD | 21,245,000 | 1,291,788 | (25,376) | 1,290,456 | — | — | (24,044) |
| Citi | Nordstrom, Inc. | 12/20/21 | 1.000 | USD | 6,035,000 | 199,223 | (7,209) | 188,776 | — | 3,238 | — |
| Citi | Nordstrom, Inc. | 12/20/21 | 1.000 | USD | 4,525,000 | 149,376 | (5,405) | 139,432 | — | 4,539 | — |
| Citi | Viacom, Inc. | 12/20/21 | 1.000 | USD | 5,915,000 | 101,817 | (7,065) | 113,757 | — | — | (19,005) |
| Credit Suisse | D.R. Horton, Inc. | 12/20/21 | 1.000 | USD | 6,025,000 | 6 | (7,197) | 121,433 | — | — | (128,624) |
| Credit Suisse | Kroger Co. (The) | 12/20/21 | 1.000 | USD | 2,965,000 | (46,709) | (3,542) | — | (54,882) | 4,631 | — |
| Credit Suisse | L Brands, Inc. | 12/20/21 | 1.000 | USD | 4,455,000 | 217,477 | (5,321) | 207,850 | — | 4,306 | — |
| Goldman Sachs International | Campbell Soup Co. | 12/20/21 | 1.000 | USD | 7,555,000 | (211,249) | (9,024) | — | (195,380) | — | (24,893) |
| 22 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Buy protection (continued) | |||||||||||
| Counterparty | Reference
entity |
Expiration
date |
Pay
fixed rate (%) |
Notional
currency |
Notional
amount ($) |
Market
value ($) |
Periodic
payments receivable (payable) ($) |
Premium
paid ($) |
Premium
received ($) |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Goldman Sachs International | Citigroup, Inc. | 12/20/21 | 1.000 | USD | 3,035,000 | (39,787) | (3,625) | — | (18,235) | — | (25,177) |
| Goldman Sachs International | D.R. Horton, Inc. | 12/20/21 | 1.000 | USD | 18,095,000 | 19 | (21,614) | 364,703 | — | — | (386,298) |
| Goldman Sachs International | Eastman Chemical Co. | 12/20/21 | 1.000 | USD | 4,520,000 | (50,913) | (5,399) | — | (31,120) | — | (25,192) |
| Goldman Sachs International | Eastman Chemical Co. | 12/20/21 | 1.000 | USD | 3,010,000 | (33,906) | (3,595) | — | (20,706) | — | (16,795) |
| Goldman Sachs International | Electricite de France SA | 12/20/21 | 1.000 | USD | 10,400,000 | (7,141) | (12,422) | — | (28,467) | 8,904 | — |
| Goldman Sachs International | Energy Transfer Partners, LP | 12/20/21 | 1.000 | USD | 4,560,000 | 42,202 | (5,447) | 142,331 | — | — | (105,576) |
| Goldman Sachs International | Energy Transfer Partners, LP | 12/20/21 | 1.000 | USD | 1,520,000 | 14,067 | (1,816) | 54,052 | — | — | (41,801) |
| Goldman Sachs International | Home Depot, Inc. | 12/20/21 | 1.000 | USD | 15,125,000 | (506,316) | (18,066) | — | (479,109) | — | (45,273) |
| Goldman Sachs International | Kohl’s Corp. | 12/20/21 | 1.000 | USD | 4,505,000 | 300,054 | (5,381) | 90,561 | — | 204,112 | — |
| Goldman Sachs International | Lincoln National Corp. | 12/20/21 | 1.000 | USD | 4,515,000 | 18,905 | (5,393) | 4,112 | — | 9,400 | — |
| Goldman Sachs International | Lincoln National Corp. | 12/20/21 | 1.000 | USD | 1,505,000 | 6,302 | (1,798) | 5,467 | — | — | (963) |
| Goldman Sachs International | McDonald’s Corp. | 12/20/21 | 1.000 | USD | 10,640,000 | (335,721) | (12,709) | — | (285,666) | — | (62,764) |
| Goldman Sachs International | Morgan Stanley | 12/20/21 | 1.000 | USD | 7,510,000 | (50,761) | (8,970) | — | (27,458) | — | (32,273) |
| Goldman Sachs International | Morgan Stanley | 12/20/21 | 1.000 | USD | 16,770,000 | (113,351) | (20,031) | — | (28,976) | — | (104,406) |
| Goldman Sachs International | Textron, Inc. | 12/20/21 | 1.000 | USD | 13,695,000 | (62,549) | (16,358) | — | — | — | (78,907) |
| Goldman Sachs International | Walt Disney Co. (The) | 12/20/21 | 1.000 | USD | 7,605,000 | (241,781) | (9,084) | — | (263,437) | 12,572 | — |
| JPMorgan | American International Group, Inc. | 12/20/21 | 1.000 | USD | 5,930,000 | (48,395) | (7,083) | — | (48,935) | — | (6,543) |
| JPMorgan | Barclays Bank, PLC | 12/20/21 | 1.000 | USD | 3,005,000 | 100,598 | (3,589) | 118,323 | — | — | (21,314) |
| JPMorgan | Energy Transfer Partners, LP | 12/20/21 | 1.000 | USD | 1,520,000 | 14,067 | (1,816) | 63,710 | — | — | (51,459) |
| JPMorgan | Goldman Sachs Group, Inc. | 12/20/21 | 1.000 | USD | 7,510,000 | (36,733) | (8,970) | — | (15,435) | — | (30,268) |
| JPMorgan | International Business Machines Corp. | 12/20/21 | 1.000 | USD | 6,050,000 | (161,727) | (7,226) | — | (113,108) | — | (55,845) |
| JPMorgan | Lloyds Bank PLC | 12/20/21 | 1.000 | USD | 1,500,000 | 33,198 | (1,792) | 33,952 | — | — | (2,546) |
| JPMorgan | Markit CDX Emerging Markets Index, Series 26 | 12/20/21 | 1.000 | USD | 9,110,000 | 553,927 | (10,881) | 552,777 | — | — | (9,731) |
| JPMorgan | Markit CDX Emerging Markets Index, Series 26 | 12/20/21 | 1.000 | USD | 30,130,000 | 1,832,034 | (35,989) | 2,497,010 | — | — | (700,965) |
| JPMorgan | McDonald’s Corp. | 12/20/21 | 1.000 | USD | 9,120,000 | (287,762) | (10,893) | — | (249,282) | — | (49,373) |
| JPMorgan | Royal Bank of Scotland PLC (The) | 12/20/21 | 1.000 | USD | 4,505,000 | 254,961 | (5,381) | 292,927 | — | — | (43,347) |
| JPMorgan | Toll Brothers, Inc. | 12/20/21 | 1.000 | USD | 17,400,000 | 377,526 | (20,783) | 789,319 | — | — | (432,576) |
| JPMorgan | Weyerhaeuser Co. | 12/20/21 | 1.000 | USD | 3,015,000 | (44,458) | (3,601) | — | (25,149) | — | (22,910) |
| Morgan Stanley | American International Group, Inc. | 12/20/21 | 1.000 | USD | 2,970,000 | (24,237) | (3,548) | — | (27,252) | — | (533) |
| Morgan Stanley | Ford Motor Credit Co. LLC | 12/20/21 | 5.000 | USD | 3,065,000 | (493,641) | (18,305) | — | (497,723) | — | (14,223) |
| Morgan Stanley | Ford Motor Credit Co. LLC | 12/20/21 | 5.000 | USD | 1,515,000 | (244,002) | (9,048) | — | (246,022) | — | (7,028) |
| Morgan Stanley | Goldman Sachs Group, Inc. | 12/20/21 | 1.000 | USD | 7,530,000 | (36,831) | (8,994) | — | (23,989) | — | (21,836) |
| Morgan Stanley | International Business Machines Corp. | 12/20/21 | 1.000 | USD | 6,050,000 | (161,727) | (7,226) | — | (118,864) | — | (50,089) |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
23 |
| Buy protection (continued) | |||||||||||
| Counterparty | Reference
entity |
Expiration
date |
Pay
fixed rate (%) |
Notional
currency |
Notional
amount ($) |
Market
value ($) |
Periodic
payments receivable (payable) ($) |
Premium
paid ($) |
Premium
received ($) |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Morgan Stanley | Nucor Corp. | 12/20/21 | 1.000 | USD | 8,440,000 | (75,251) | (10,081) | 57,441 | — | — | (142,773) |
| Morgan Stanley | Valero Energy Corp. | 12/20/21 | 1.000 | USD | 13,565,000 | 113,368 | (16,203) | 240,651 | — | — | (143,486) |
| Total | 9,394,689 | (4,767,149) | 260,676 | (3,419,308) | |||||||
| Buy protection | |||||||
| Counterparty | Reference
entity |
Expiration
date |
Pay
fixed rate (%) |
Notional
currency |
Notional
amount ($) |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Morgan Stanley | Markit CDX North America High Yield Index, Series 27 | 12/20/2021 | 5.000 | USD | 79,845,000 | — | (1,034,972) |
| Morgan Stanley | Markit CDX North America Investment Grade Index, Series 27 | 12/20/2021 | 1.000 | USD | 140,735,000 | — | (492,249) |
| Morgan Stanley | Markit iTraxx Europe Crossover Index, Series 25 | 06/20/2021 | 5.000 | EUR | 15,300,000 | — | (824,024) |
| Total | — | (2,351,245) | |||||
| Sell protection | ||||||||||||
| Counterparty | Reference
entity |
Expiration
date |
Receive
fixed rate (%) |
Implied
credit spread (%) |
Notional
currency |
Notional
amount ($) |
Market
value ($) |
Periodic
payments receivable (payable) ($) |
Premium
paid ($) |
Premium
received ($) |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Barclays | Anadarko Petroleum Corp. | 12/20/20 | 1.000 | 0.876 | USD | (6,235,000) | 29,025 | 7,447 | — | (483,443) | 519,915 | — |
| Barclays | Anadarko Petroleum Corp. | 6/20/21 | 1.000 | 1.029 | USD | (3,080,000) | (3,747) | 3,679 | — | (297,629) | 297,561 | — |
| Barclays | Bank of America Corp. | 6/20/18 | 1.000 | 0.341 | USD | (15,565,000) | 142,345 | 18,591 | 130,557 | — | 30,379 | — |
| Barclays | Canadian Natural Resources Ltd. | 12/20/20 | 1.000 | 0.919 | USD | (3,120,000) | 9,507 | 3,727 | — | (298,116) | 311,350 | — |
| Barclays | Citigroup, Inc. | 6/20/18 | 1.000 | 0.334 | USD | (15,340,000) | 141,814 | 18,323 | 107,538 | — | 52,599 | — |
| Barclays | Dow Chemical Co. (The) | 12/20/21 | 1.000 | 0.805 | USD | (7,530,000) | 68,877 | 8,994 | 27,538 | — | 50,333 | — |
| Barclays | Newell Brands, Inc. | 12/20/21 | 1.000 | 0.706 | USD | (4,455,000) | 61,535 | 5,321 | 53,277 | — | 13,579 | — |
| Barclays | Verizon Communications, Inc. | 6/20/17 | 1.000 | 0.203 | USD | (22,175,000) | 68,549 | 26,487 | 59,167 | — | 35,869 | — |
| Barclays | Verizon Communications, Inc. | 12/20/21 | 1.000 | 0.715 | USD | (14,780,000) | 197,265 | 17,654 | 194,170 | — | 20,749 | — |
| Citi | Dow Chemical Co. (The) | 12/20/21 | 1.000 | 0.805 | USD | (6,010,000) | 54,973 | 7,179 | 30,252 | — | 31,900 | — |
| Citi | Ford Motor Co. | 12/20/21 | 5.000 | 1.521 | USD | (3,030,000) | 484,913 | 18,096 | 440,370 | — | 62,639 | — |
| Citi | Plains All American Pipeline LP | 12/20/21 | 1.000 | 1.649 | USD | (3,040,000) | (89,828) | 3,631 | — | (127,435) | 41,238 | — |
| Citi | Verizon Communications, Inc. | 12/20/21 | 1.000 | 0.715 | USD | (2,890,000) | 38,572 | 3,452 | 33,180 | — | 8,844 | — |
| Credit Suisse | Markit CMBX North America Index, Series 7 BBB- | 1/17/47 | 3.000 | 3.966 | USD | (7,500,000) | (404,113) | 4,375 | — | (575,440) | 175,702 | — |
| 24 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Sell protection (continued) | ||||||||||||
| Counterparty | Reference
entity |
Expiration
date |
Receive
fixed rate (%) |
Implied
credit spread (%) |
Notional
currency |
Notional
amount ($) |
Market
value ($) |
Periodic
payments receivable (payable) ($) |
Premium
paid ($) |
Premium
received ($) |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Credit Suisse | Markit CMBX North America Index, Series 7 BBB- | 1/17/47 | 3.000 | 3.966 | USD | (7,500,000) | (404,112) | 4,375 | — | (648,203) | 248,466 | — |
| Credit Suisse | Newell Brands, Inc. | 12/20/21 | 1.000 | 0.706 | USD | (2,965,000) | 40,955 | 3,541 | 36,851 | — | 7,645 | — |
| Credit Suisse | Tyson Foods, Inc. | 12/20/21 | 1.000 | 0.726 | USD | (4,330,000) | 55,776 | 5,172 | 59,774 | — | 1,174 | — |
| Credit Suisse | Verizon Communications, Inc. | 12/20/21 | 1.000 | 0.715 | USD | (2,900,000) | 38,706 | 3,464 | 34,697 | — | 7,473 | — |
| Goldman Sachs International | Anadarko Petroleum Corp. | 12/20/20 | 1.000 | 0.876 | USD | (3,120,000) | 14,524 | 3,727 | — | (266,065) | 284,316 | — |
| Goldman Sachs International | Anadarko Petroleum Corp. | 12/20/20 | 1.000 | 0.876 | USD | (3,120,000) | 14,524 | 3,727 | — | (265,656) | 283,907 | — |
| Goldman Sachs International | Anadarko Petroleum Corp. | 12/20/20 | 1.000 | 0.876 | USD | (7,790,000) | 36,263 | 9,305 | — | (567,772) | 613,340 | — |
| Goldman Sachs International | Citigroup, Inc. | 6/20/18 | 1.000 | 0.334 | USD | (7,800,000) | 72,109 | 9,317 | 49,221 | — | 32,205 | — |
| Goldman Sachs International | Dow Chemical Co. (The) | 12/20/21 | 1.000 | 0.805 | USD | (4,520,000) | 41,344 | 5,399 | 16,549 | — | 30,194 | — |
| Goldman Sachs International | Dow Chemical Co. (The) | 12/20/21 | 1.000 | 0.805 | USD | (3,010,000) | 27,533 | 3,595 | 11,011 | — | 20,117 | — |
| Goldman Sachs International | Macy’s Retail Holdings, Inc. | 12/20/21 | 1.000 | 2.223 | USD | (4,505,000) | (249,317) | 5,381 | — | (110,237) | — | (133,699) |
| Goldman Sachs International | Markit CMBX North America Index, Series 6 BBB- | 5/11/63 | 3.000 | 4.294 | USD | (6,400,000) | (392,875) | 3,733 | — | (525,518) | 136,376 | — |
| Goldman Sachs International | Markit CMBX North America Index, Series 6 BBB- | 5/11/63 | 3.000 | 4.294 | USD | (3,100,000) | (190,299) | 1,808 | — | (270,660) | 82,169 | — |
| Goldman Sachs International | MetLife, Inc. | 12/20/21 | 1.000 | 0.905 | USD | (4,515,000) | 20,049 | 5,393 | 12,377 | — | 13,065 | — |
| Goldman Sachs International | MetLife, Inc. | 12/20/21 | 1.000 | 0.905 | USD | (1,505,000) | 6,683 | 1,798 | — | — | 8,481 | — |
| Goldman Sachs International | Verizon Communications, Inc. | 12/20/21 | 1.000 | 0.715 | USD | (7,355,000) | 98,166 | 8,785 | 94,652 | — | 12,299 | — |
| Goldman Sachs International | Verizon Communications, Inc. | 12/20/21 | 1.000 | 0.715 | USD | (7,245,000) | 96,697 | 8,654 | 93,425 | — | 11,926 | — |
| JPMorgan | Anadarko Petroleum Corp. | 6/20/21 | 1.000 | 1.029 | USD | (3,050,000) | (3,710) | 3,643 | — | (232,814) | 232,747 | — |
| JPMorgan | Bank of America Corp. | 6/20/18 | 1.000 | 0.341 | USD | (23,480,000) | 214,727 | 28,046 | 170,937 | — | 71,836 | — |
| JPMorgan | Bank of America Corp. | 6/20/21 | 1.000 | 0.645 | USD | (15,280,000) | 229,641 | 18,251 | 85,867 | — | 162,025 | — |
| JPMorgan | Berkshire Hathaway, Inc. | 6/20/21 | 1.000 | 0.712 | USD | (9,200,000) | 112,454 | 10,989 | 23,091 | — | 100,352 | — |
| JPMorgan | Citigroup, Inc. | 6/20/18 | 1.000 | 0.334 | USD | (23,350,000) | 215,865 | 27,890 | 202,351 | — | 41,404 | — |
| JPMorgan | Citigroup, Inc. | 6/20/18 | 1.000 | 0.334 | USD | (15,280,000) | 141,259 | 18,251 | 121,866 | — | 37,644 | — |
| JPMorgan | Citigroup, Inc. | 6/20/18 | 1.000 | 0.334 | USD | (7,825,000) | 72,340 | 9,346 | 59,138 | — | 22,548 | — |
| JPMorgan | Markit CMBX North America Index, Series 7 BBB- | 1/17/47 | 3.000 | 3.966 | USD | (3,000,000) | (161,645) | 1,750 | — | (264,860) | 104,965 | — |
| JPMorgan | Plains All American Pipeline LP | 6/20/21 | 1.000 | 1.528 | USD | (1,555,000) | (33,998) | 1,857 | — | (155,064) | 122,923 | — |
| JPMorgan | Plains All American Pipeline LP | 6/20/21 | 1.000 | 1.528 | USD | (1,555,000) | (33,998) | 1,857 | — | (221,290) | 189,149 | — |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
25 |
| Sell protection (continued) | ||||||||||||
| Counterparty | Reference
entity |
Expiration
date |
Receive
fixed rate (%) |
Implied
credit spread (%) |
Notional
currency |
Notional
amount ($) |
Market
value ($) |
Periodic
payments receivable (payable) ($) |
Premium
paid ($) |
Premium
received ($) |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| JPMorgan | Plains All American Pipeline LP | 6/20/21 | 1.000 | 1.528 | USD | (1,565,000) | (34,217) | 1,869 | — | (181,387) | 149,039 | — |
| JPMorgan | Tyson Foods, Inc. | 12/20/21 | 1.000 | 0.726 | USD | (7,225,000) | 93,068 | 8,630 | 99,814 | — | 1,884 | — |
| JPMorgan | Verizon Communications, Inc. | 12/20/21 | 1.000 | 0.715 | USD | (14,715,000) | 196,397 | 17,576 | 189,525 | — | 24,448 | — |
| Morgan Stanley | Anadarko Petroleum Corp. | 12/20/20 | 1.000 | 0.876 | USD | (6,445,000) | 30,003 | 7,698 | — | (452,768) | 490,469 | — |
| Morgan Stanley | Anadarko Petroleum Corp. | 12/20/20 | 1.000 | 0.876 | USD | (6,435,000) | 29,957 | 7,686 | — | (541,307) | 578,950 | — |
| Morgan Stanley | Anadarko Petroleum Corp. | 12/20/20 | 1.000 | 0.876 | USD | (4,740,000) | 22,065 | 5,662 | — | (596,917) | 624,644 | — |
| Morgan Stanley | Bank of America Corp. | 6/20/18 | 1.000 | 0.341 | USD | (7,800,000) | 71,332 | 9,317 | 48,142 | — | 32,507 | — |
| Morgan Stanley | Bank of America Corp. | 6/20/18 | 1.000 | 0.341 | USD | (7,875,000) | 72,019 | 9,406 | 52,970 | — | 28,455 | — |
| Morgan Stanley | Canadian Natural Resources Ltd. | 6/20/21 | 1.000 | 1.069 | USD | (1,560,000) | (4,484) | 1,863 | — | (102,202) | 99,581 | — |
| Morgan Stanley | Enterprise Products Partners LP | 6/20/21 | 1.000 | 1.104 | USD | (9,335,000) | (40,651) | 11,150 | — | (664,509) | 635,008 | — |
| Morgan Stanley | Enterprise Products Partners LP | 6/20/21 | 1.000 | 1.104 | USD | (9,370,000) | (40,804) | 11,192 | — | (421,632) | 392,020 | — |
| Morgan Stanley | Ford Motor Co. | 12/20/21 | 5.000 | 1.521 | USD | (3,065,000) | 490,514 | 18,305 | 442,542 | — | 66,277 | — |
| Morgan Stanley | Ford Motor Co. | 12/20/21 | 5.000 | 1.521 | USD | (1,515,000) | 242,456 | 9,048 | 218,748 | — | 32,756 | — |
| Morgan Stanley | Markit CMBX North America Index, Series 6 BBB- | 5/11/63 | 3.000 | 4.294 | USD | (2,300,000) | (141,190) | 1,342 | — | (176,681) | 36,833 | — |
| Morgan Stanley | Markit CMBX North America Index, Series 6 BBB- | 5/11/63 | 3.000 | 4.294 | USD | (6,000,000) | (368,320) | 3,500 | — | (491,450) | 126,630 | — |
| Morgan Stanley | Markit CMBX North America Index, Series 7 BBB- | 1/17/47 | 3.000 | 3.966 | USD | (4,100,000) | (220,916) | 2,392 | — | (470,430) | 251,906 | — |
| Morgan Stanley | Noble Energy, Inc. | 6/20/21 | 1.000 | 1.330 | USD | (7,680,000) | (105,829) | 9,173 | — | (471,143) | 374,487 | — |
| Morgan Stanley | Noble Energy, Inc. | 12/20/21 | 1.000 | 1.466 | USD | (7,625,000) | (163,335) | 9,108 | — | (609,483) | 455,256 | — |
| Morgan Stanley | Noble Energy, Inc. | 12/20/21 | 1.000 | 1.466 | USD | (7,590,000) | (162,585) | 9,066 | — | (448,127) | 294,608 | — |
| Morgan Stanley | Plains All American Pipeline LP | 6/20/21 | 1.000 | 1.528 | USD | (3,115,000) | (68,106) | 3,721 | — | (474,512) | 410,127 | — |
| Morgan Stanley | Plains All American Pipeline LP | 6/20/21 | 1.000 | 1.528 | USD | (3,125,000) | (68,325) | 3,733 | — | (408,281) | 343,689 | — |
| Morgan Stanley | Plains All American Pipeline LP | 6/20/21 | 1.000 | 1.528 | USD | (4,620,000) | (101,011) | 5,518 | — | (592,266) | 496,773 | — |
| Total | 3,199,597 | (12,413,297) | 10,477,750 | (133,699) | ||||||||
| 26 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Sell protection | ||||||||
| Counterparty | Reference
entity |
Expiration
date |
Receive
fixed rate (%) |
Implied
credit spread (%) |
Notional
currency |
Notional
amount ($) |
Unrealized
appreciation ($) |
Unrealized
depreciation ($) |
| Morgan Stanley | Markit CDX North America High Yield Index, Series 19 | 12/20/2017 | 5.000 | 1.619 | USD | (253,108,800) | 943,287 | — |
| Morgan Stanley | Markit CDX North America High Yield Index, Series 21 | 12/20/2018 | 5.000 | 1.771 | USD | (158,580,480) | 1,675,005 | — |
| Morgan Stanley | Markit CDX North America Investment Grade Index, Series 27 | 12/20/2023 | 1.000 | 0.933 | USD | (62,270,000) | — | (21,732) |
| Morgan Stanley | Markit CDX North America Investment Grade Index, Series 27 | 12/20/2026 | 1.000 | 1.113 | USD | (11,875,000) | — | (4,127) |
| Total | 2,618,292 | (25,859) | ||||||
| (a) | Represents privately placed and other securities and instruments exempt from SEC registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only to qualified institutional buyers. The Fund may invest in private placements determined to be liquid as well as those determined to be illiquid. Private placements may be determined to be liquid under guidelines established by the Fund’s Board of Trustees. At January 31, 2017, the value of these securities amounted to $782,459,004 or 27.80% of net assets. |
| (b) | Variable rate security. |
| (c) | Represents fair value as determined in good faith under procedures approved by the Board of Trustees. At January 31, 2017, the value of these securities amounted to $5,492,493, which represents 0.20% of net assets. |
| (d) | Zero coupon bond. |
| (e) | Interest Only (IO) represents the right to receive the monthly interest payments on an underlying pool of mortgage loans. |
| (f) | Non-income producing investment. |
| (g) | Negligible market value. |
| (h) | Represents securities that have defaulted on payment of interest. The Fund has stopped accruing interest on these securities. At January 31, 2017, the value of these securities amounted to $514,457 which represents 0.02% of net assets. |
| (i) | Represents a security purchased on a when-issued or delayed delivery basis. |
| (j) | Principal and interest may not be guaranteed by the government. |
| (k) | Municipal obligations include debt obligations issued by or on behalf of territories, possessions, or sovereign nations within the territorial boundaries of the United States. At January 31, 2017, the value of these securities amounted to $5,705,074 or 0.20% of net assets. |
| (l) | This security or a portion of this security has been pledged as collateral in connection with derivative contracts. |
| (m) | Principal Only (PO) represents the right to receive the principal portion only on an underlying pool of mortgage loans. |
| (n) | Senior loans have interest rates that float periodically based primarily on the London Interbank Offered Rate (“LIBOR”) and other short-term rates. The interest rate shown reflects the weighted average coupon as of January 31, 2017. The interest rate shown for senior loans purchased on a when-issued or delayed delivery basis, if any, reflects an estimated average coupon. Remaining maturities of senior loans may be less than the stated maturities shown as a result of contractual or optional prepayments by the borrower. Such prepayments cannot be predicted. |
| (o) | The rate shown is the seven-day current annualized yield at January 31, 2017. |
| (p) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. Holdings and transactions in these affiliated companies during the period ended January 31, 2017 are as follows: |
| Issuer | Beginning
shares |
Shares
purchased |
Shares
sold |
Ending
shares |
Realized
gain (loss) ($) |
Dividends
— affiliated issuers($) |
Value ($) |
| Columbia Short-Term Cash Fund, 0.662% | 4,335,392 | 890,722,928 | (892,416,813) | 2,641,507 | 1,132 | 50,757 | 2,641,507 |
| AGM | Assured Guaranty Municipal Corporation |
| CMO | Collateralized Mortgage Obligation |
| NPFGC | National Public Finance Guarantee Corporation |
| PIK | Payment In Kind |
| STRIPS | Separate Trading of Registered Interest and Principal Securities |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
27 |
| EUR | Euro |
| USD | US Dollar |
| Federal
tax cost ($) |
Gross
unrealized appreciation ($) |
Gross
unrealized (depreciation) ($) |
Net
unrealized (depreciation) ($) |
| 3,121,929,000 | 56,562,000 | (58,828,000) | (2,266,000) |
| • | Level 1 – Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date (including NAV for open-end mutual funds). Valuation adjustments are not applied to Level 1 investments. |
| • | Level 2 – Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). |
| • | Level 3 – Valuations based on significant unobservable inputs (including the Fund’s own assumptions and judgment in determining the fair value of investments). |
| 28 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Investments
measured at net asset value ($) |
Total ($) | |
| Investments | |||||
| Asset-Backed Securities — Agency | — | 55,766,000 | — | — | 55,766,000 |
| Asset-Backed Securities — Non-Agency | — | 493,672,881 | 5,449,920 | — | 499,122,801 |
| Commercial Mortgage-Backed Securities - Agency | — | 31,194,039 | — | — | 31,194,039 |
| Commercial Mortgage-Backed Securities - Non-Agency | — | 106,874,372 | — | — | 106,874,372 |
| Common Stocks | |||||
| Financials | 84,036 | — | — | — | 84,036 |
| Industrials | 105,212 | — | — | — | 105,212 |
| Total Common Stocks | 189,248 | — | — | — | 189,248 |
| Corporate Bonds & Notes | — | 964,519,720 | 41,069 | — | 964,560,789 |
| Foreign Government Obligations | — | 29,367,772 | — | — | 29,367,772 |
| Municipal Bonds | — | 64,760,659 | — | — | 64,760,659 |
| Preferred Debt | 25,619,733 | — | — | — | 25,619,733 |
| Residential Mortgage-Backed Securities - Agency | — | 712,570,255 | — | — | 712,570,255 |
| Residential Mortgage-Backed Securities - Non-Agency | — | 111,876,396 | 6,265,534 | — | 118,141,930 |
| Senior Loans | — | 3,699,186 | — | — | 3,699,186 |
| U.S. Government & Agency Obligations | — | 28,253,076 | — | — | 28,253,076 |
| U.S. Treasury Obligations | 433,713,327 | 38,096,308 | — | — | 471,809,635 |
| Options Purchased Puts | 15,937 | 5,075,875 | — | — | 5,091,812 |
| Money Market Funds | — | — | — | 2,641,507 | 2,641,507 |
| Total Investments | 459,538,245 | 2,645,726,539 | 11,756,523 | 2,641,507 | 3,119,662,814 |
| Derivatives | |||||
| Asset | |||||
| Futures Contracts | 1,422,356 | — | — | — | 1,422,356 |
| Swap Contracts | — | 13,356,718 | — | — | 13,356,718 |
| Liability | |||||
| Forward Foreign Currency Exchange Contracts | — | (8,740) | — | — | (8,740) |
| Futures Contracts | (375,567) | — | — | — | (375,567) |
| Options Contracts Written | — | (327,103) | — | — | (327,103) |
| Swap Contracts | — | (5,930,111) | — | — | (5,930,111) |
| Total | 460,585,034 | 2,652,817,303 | 11,756,523 | 2,641,507 | 3,127,800,367 |
| Columbia
Total Return Bond Fund | Quarterly Report 2017 |
29 |
| Investments in securities | Balance
as of 04/30/2016 ($) |
Increase
(decrease) in accrued discounts/ premiums ($) |
Realized
gain (loss) ($) |
Change
in Unrealized Appreciation (Depreciation)(a) ($) |
Purchases
($) |
Sales
($) |
Transfers
out of Level 3 ($) |
Balance
as of 01/31/2017 ($) |
| Asset-Backed Securities — Non-Agency | 23,480,213 | 934 | 169,130 | 754,631 | 2,748,200 | (21,703,188) | — | 5,449,920 |
| Commercial Mortgage-Backed Securities — Non-Agency | 2,932,244 | (248) | 60,791 | (32,920) | — | (2,959,867) | — | — |
| Corporate Bonds & Notes | 41,069 | — | — | — | — | — | — | 41,069 |
| Residential Mortgage-Backed Securities — Agency | 15,149,681 | — | — | (35,283) | — | (15,114,398) | — | — |
| Residential Mortgage-Backed Securities — Non-Agency | 9,905,918 | 38,154 | 31,770 | 137,634 | 4,676,232 | (6,809,625) | (1,714,549) | 6,265,534 |
| Total | 51,509,125 | 38,840 | 261,691 | 824,062 | 7,424,432 | (46,587,078) | (1,714,549) | 11,756,523 |
| 30 | Columbia Total Return Bond Fund | Quarterly Report 2017 |
| Columbia
U.S. Treasury Index Fund | Quarterly Report 2017 |
1 |
| U.S. Treasury Obligations (continued) | ||||
| Issuer | Coupon
Rate |
Principal
Amount ($) |
Value ($) | |
| 11/15/46 | 2.875% | 1,500,000 | 1,448,204 | |
| Total
U.S. Treasury Obligations (Cost $738,986,543) |
729,618,620 | |||
| Money Market Funds 0.3% | ||
| Shares | Value ($) | |
| Columbia Short-Term Cash Fund, 0.662%(a),(b) | 1,745,150 | 1,745,150 |
| Total
Money Market Funds (Cost $1,745,150) |
1,745,150 | |
| Total
Investments (Cost: $740,731,693) |
731,363,770 | |
| Other Assets & Liabilities, Net | 6,100,652 | |
| Net Assets | 737,464,422 | |
| (a) | The rate shown is the seven-day current annualized yield at January 31, 2017. |
| (b) | As defined in the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. Holdings and transactions in these affiliated companies during the period ended January 31, 2017 are as follows: |
| Issuer | Beginning
shares |
Shares
purchased |
Shares
sold |
Ending
shares |
Realized
gain (loss) ($) |
Dividends
— affiliated issuers($) |
Value ($) |
| Columbia Short-Term Cash Fund, 0.662% | 1,441,192 | 140,272,223 | (139,968,265) | 1,745,150 | 334 | 12,762 | 1,745,150 |
| Federal
tax cost ($) |
Gross
unrealized appreciation ($) |
Gross
unrealized (depreciation) ($) |
Net
unrealized (depreciation) ($) |
| 740,732,000 | 2,313,000 | (11,681,000) | (9,368,000) |
| • | Level 1 – Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date (including NAV for open-end mutual funds). Valuation adjustments are not applied to Level 1 investments. |
| • | Level 2 – Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). |
| • | Level 3 – Valuations based on significant unobservable inputs (including the Fund’s own assumptions and judgment in determining the fair value of investments). |
| 2 | Columbia U.S. Treasury Index Fund | Quarterly Report 2017 |
| Level
1 quoted prices in active markets for identical assets ($) |
Level
2 other significant observable inputs ($) |
Level
3 significant unobservable inputs ($) |
Investments
measured at net asset value ($) |
Total ($) | |
| Investments | |||||
| U.S. Treasury Obligations | 729,618,620 | — | — | — | 729,618,620 |
| Money Market Funds | — | — | — | 1,745,150 | 1,745,150 |
| Total Investments | 729,618,620 | — | — | 1,745,150 | 731,363,770 |
| Columbia
U.S. Treasury Index Fund | Quarterly Report 2017 |
3 |
Item 2. Controls and Procedures.
| (a) | The registrant’s principal executive officer and principal financial officer, based on their evaluation of the registrant’s disclosure controls and procedures as of a date within 90 days of the filing of this report, have concluded that such controls and procedures are adequately designed to ensure that information required to be disclosed by the registrant in Form N-Q is accumulated and communicated to the registrant’s management, including the principal executive officer and principal financial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. |
| (b) | There was no change in the registrant’s internal control over financial reporting that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 3. Exhibits.
Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) attached hereto as Exhibit 99.CERT.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| (registrant) Columbia Funds Series Trust I | ||
| By (Signature and Title) | /s/ Christopher O. Petersen | |
| Christopher O. Petersen, President and Principal Executive Officer | ||
Date March 24, 2017
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| By (Signature and Title) | /s/ Christopher O. Petersen | |
| Christopher O. Petersen, President and Principal Executive Officer | ||
| Date March 24, 2017 | ||
| By (Signature and Title) | /s/ Michael G. Clarke | |
| Michael G. Clarke, Treasurer and Chief Financial Officer | ||
| Date March 24, 2017 | ||
I, Michael G. Clarke, certify that:
| 1. | I have reviewed this report on Form N-Q of Columbia Funds Series Trust I; |
| 2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
| 3. | Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; |
| 4. | The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
| (a) | designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
| (b) | designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, 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; |
| (c) | evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and |
| (d) | disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and |
| 5. | The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions): |
| (a) | all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and |
| (b) | any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting. |
| Date: March 24, 2017 | /s/ Michael G. Clarke | |||||
| Michael G. Clarke, Treasurer and Chief Financial Officer |
I, Christopher O. Petersen, certify that:
| 1. | I have reviewed this report on Form N-Q of Columbia Funds Series Trust I; |
| 2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
| 3. | Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; |
| 4. | The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
| (a) | designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
| (b) | designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, 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; |
| (c) | evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and |
| (d) | disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and |
| 5. | The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions): |
| (a) | all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and |
| (b) | any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting. |
| Date: March 24, 2017 | /s/ Christopher O. Petersen | |||||
| Christopher O. Petersen, President and Principal Executive Officer |