Columbia Dividend Income Fund

The Columbia Dividend Income Fund is an actively managed mutual fund focused on delivering total return through a combination of current income and capital appreciation. Its primary strategy involves investing at least 80% of its net assets in a diversified portfolio of income-producing, dividend-paying equity securities, predominantly common stocks, but also including preferred stocks and convertible securities when appropriate. The fund emphasizes high-quality companies with robust free cash flows, strong balance sheets, and consistent histories of dividend payments and growth. By targeting undervalued companies or those with potential for long-term growth, the fund seeks to generate reliable income for investors while maintaining a disciplined risk profile. Sector allocations typically include significant exposure to financials, information technology, industrials, and energy, among others, reflecting its broad approach to capturing dividend opportunities across the market. The Columbia Dividend Income Fund plays a significant role within the large value segment, appealing to investors seeking income and moderate capital growth through investments in established, resilient companies.