Overview of Columbia Contrarian Core A Fund (LCCAX)

Columbia Contrarian Core A Fund (LCCAX - MF report) a Zacks Rank #2 (Buy) was established in December 1992 and is managed by the Columbia Management Advisors, Inc. LCCAX seeks to provide a relatively high total return through long-term capital appreciation and current income. LCCAX invests at least 80% of its net assets in equity securities, primarily common stocks, of U.S. companies with large (generally over $2 billion) market capitalization, that the advisor believes offer above-average growth and dividends. It focuses on stocks that are believed to be attractively priced relative to expectations for the future performance of the issuing company.

This Large Value product, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value and Foreign Bond. Further, as of the last filing, Alphabet Inc, Apple Inc and Verizon Communications Inc were the top holdings for LCCAX.

The Columbia Contrarian Core A fund, managed by Columbia, carries an expense ratio of 1.09%. Moreover, LCCAX requires a minimal initial investment of $2,000.

LCCAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 10.58% and 5 year 11.51%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

LCCAX’s performance, as of the last filing, when compared to funds in its category was in the top 61% in 1 year, top 18% over the past 3 years, and in the 12% over the past 5 years.