Multi-Manager Value Strategies Fund
Columbia Funds Series Trust II · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Multi-Manager Value Strategies Fund is an actively managed U.S. equity fund. 7% of CZMVX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 93% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2025 Q3
Multi-Manager Value Strategies Fund (the Fund) seeks to provide shareholders with growth of capital and income.
The fund is managed by Columbia Management, which directs a portion of assets itself while delegating independent management of other portions to subadvisers American Century Investment Management and Diamond Hill Capital Management. The portfolio is primarily equity securities across all market capitalizations, with up to 20% in high yield debt, up to 25% in foreign investments, and potential sector emphasis including financials. Because the fund relies on multiple subadvisers making independent investment decisions, performance depends on the effectiveness of each subadviser's security selection.
| Share class | Gross | Net |
|---|---|---|
| CZMVX | 0.70% | 0.69% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 49.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 97.33% |
| Cash & short-term | 2.56% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Financials | 19.2% |
| Information Technology | 15.3% |
| Industrials | 13.0% |
| Health Care | 9.9% |
| 9 smaller | 42.5% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | COLUMBIA SHORT TERM CASH FUND | 2.56% | — | $143.78M | — |
| MSFT | Microsoft CorpMSFT | 2.35% | $450.24 | $132.02M | 293.2K |
| JPM | JPMorgan Chase & CoJPM | 2.12% | $299.31 | $119.02M | 397.7K |
| AAPL | Apple IncAAPL | 1.81% | $312.06 | $101.94M | 326.7K |
| MU | Micron Technology IncMU | 1.81% | $971.00 | $101.56M | 104.6K |
| AMZN | Amazon.com IncAMZN | 1.80% | $270.64 | $101.32M | 374.4K |
| COP | ConocoPhillipsCOP | 1.73% | $113.98 | $97.29M | 853.6K |
| ABT | Abbott LaboratoriesABT | 1.72% | $85.60 | $96.87M | 1.1M |
| UNP | Union Pacific CorpUNP | 1.51% | $262.64 | $84.76M | 322.7K |
| BRK/B | Berkshire Hathaway IncBRK/B | 1.49% | $474.48 | $83.86M | 176.7K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
Top 10 positions are 18.89% of net assets, top 25 36.19%, across 321 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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