Columbia International Dividend Income Fund Q4 2024 Commentary

February 24, 2025 10:15:00 am

Source: SeekingAlpha

2025-02-24 10:15:00 ET

Summary

Columbia International Dividend Income Fund Institutional Class shares returned -7.41% in Q4 2024, outperforming the MSCI AC World ex USA Index's -7.60% return.
Positive contributions came from materials, consumer discretionary, and communication services sectors, while financials, information technology, and utilities sectors detracted.
The U.S. Dollar's strength and rising yields created a challenging environment for international equities, but a cautiously constructive outlook is maintained.
The portfolio balances companies benefiting from economic improvement with defensively positioned businesses, focusing on high free cash flow, sustainable margins, and strong balance sheets.

Average annual total returns (%) for period ending December 31, 2024

Columbia International Dividend Income Fund	3-mon.	1-year	3-year	5-year	10- year
Institutional Class	-7.41	2.48	1.08	4.47	4.82
Class A w ithout sales charge	-7.45	2.23	0.83	4.21	4.56
Class A w ith 5.75% maximum sales charge	-12.79	-3.63	-1.14	2.98	3.94
MSCI ACWI ex USA Index Net	-7.60	5.53	0.82	4.10	4.80
MSCI ACWI ex USA Value Index Net	-7.31	6.04	4.37	4.50	4.07