No
Financial
Institution
Guarantee
BLANKK
FIRST
QUARTER
REPORT
August
31,
2026
(Unaudited)
Columbia
Flexible
Capital
Income
Fund
Portfolio
of
Investments
Columbia
Flexible
Capital
Income
Fund,
August
31,
2026
(Unaudited)
(Percentages
represent
value
of
investments
compared
to
net
assets)
Investments
in
Securities
Columbia
Flexible
Capital
Income
Fund
|
2026
Issuer
.
Shares
.
Value
($)
Common
Stocks
37
.5
%
Communication
Services
2.8%
Diversified
Telecommunication
Services
2.5%
AT&T,
Inc.
560,000
14,498,400
Comcast
Corp.,
Class
A
275,000
7,320,500
Verizon
Communications,
Inc.
250,000
12,505,000
Total
34,323,900
Media
0.3%
Versant
Media
Group,
Inc.
92,500
3,803,600
Total
Communication
Services
38,127,500
Consumer
Discretionary
2.4%
Broadline
Retail
0.6%
Macy's,
Inc.
350,000
7,686,000
Hotels,
Restaurants
&
Leisure
0.8%
Darden
Restaurants,
Inc.
47,500
10,177,350
Household
Durables
0.4%
Newell
Brands,
Inc.
950,000
5,937,500
Specialty
Retail
0.6%
Best
Buy
Co.,
Inc.
110,000
8,816,500
Total
Consumer
Discretionary
32,617,350
Consumer
Staples
3.3%
Beverages
0.5%
PepsiCo,
Inc.
50,000
7,017,000
Consumer
Staples
Distribution
&
Retail
0.6%
Target
Corp.
50,000
8,044,000
Food
Products
0.8%
Mondelez
International,
Inc.,
Class
A
167,500
10,396,725
Personal
Care
Products
0.7%
Kenvue,
Inc.
475,000
8,968,000
Tobacco
0.7%
Philip
Morris
International,
Inc.
52,500
9,833,250
Total
Consumer
Staples
44,258,975
Energy
3.5%
Oil,
Gas
&
Consumable
Fuels
3.5%
Chevron
Corp.
67,500
13,914,450
Crescent
Energy
Co.,
Class
A
275,000
3,764,750
Diamondback
Energy,
Inc.
35,000
7,016,800
EOG
Resources,
Inc.
92,500
13,408,800
Issuer
.
Shares
.
Value
($)
Common
Stocks
(continued)
ExxonMobil
Holdings
Corp.
60,000
9,657,000
Total
47,761,800
Total
Energy
47,761,800
Financials
6.1%
Banks
2.5%
JPMorgan
Chase
&
Co.
30,000
10,680,600
M&T
Bank
Corp.
43,500
10,176,390
U.S.
Bancorp
215,000
13,239,700
Total
34,096,690
Capital
Markets
2.4%
ARES
Capital
Corp.
550,000
11,038,500
Blackstone
Secured
Lending
Fund
275,000
6,877,750
Morgan
Stanley
65,000
13,865,800
Total
31,782,050
Financial
Services
0.0%
Clovis
Liquidating
Trust
(a),(b),(c)
11,789,772
206,321
Insurance
0.5%
MetLife,
Inc.
70,000
6,661,900
Mortgage
Real
Estate
Investment
0.7%
Starwood
Property
Trust,
Inc.
600,000
9,420,000
Total
Financials
82,166,961
Health
Care
5.4%
Biotechnology
1.2%
AbbVie,
Inc
40,000
10,256,800
Amgen,
Inc.
15,000
6,448,200
Total
16,705,000
Health
Care
Equipment
&
Supplies
0.6%
Medtronic
PLC
85,000
7,705,250
Health
Care
Providers
&
Services
1.0%
CVS
Health
Corp.
145,000
13,616,950
Pharmaceuticals
2.6%
Bristol-Myers
Squibb
Co.
205,000
13,696,050
Merck
&
Co.,
Inc.
90,000
13,298,400
Pfizer,
Inc.
275,000
7,826,500
Total
34,820,950
Total
Health
Care
72,848,150
Industrials
3.0%
Aerospace
&
Defense
1.3%
Lockheed
Martin
Corp.
20,000
11,224,600
Portfolio
of
Investments
(continued)
Columbia
Flexible
Capital
Income
Fund,
August
31,
2026
(Unaudited)
Columbia
Flexible
Capital
Income
Fund
|
2026
Issuer
.
Shares
.
Value
($)
Common
Stocks
(continued)
RTX
Corp.
31,000
6,439,630
Total
17,664,230
Air
Freight
&
Logistics
0.5%
United
Parcel
Service,
Inc.,
Class
B
67,500
7,035,525
Ground
Transportation
0.5%
Union
Pacific
Corp.
22,500
6,765,075
Machinery
0.7%
Stanley
Black
&
Decker,
Inc.
90,000
8,673,300
Total
Industrials
40,138,130
Information
Technology
5.4%
Communications
Equipment
1.0%
Cisco
Systems,
Inc.
115,000
12,706,350
Electronic
Equipment,
Instruments
&
Components
0.5%
Corning,
Inc.
45,000
6,692,850
IT
Services
0.6%
International
Business
Machines
Corp.
33,500
7,834,645
Semiconductors
&
Semiconductor
Equipment
1.2%
Broadcom,
Inc.
16,500
6,110,610
Texas
Instruments,
Inc.
37,500
9,784,125
Total
15,894,735
Software
1.3%
Microsoft
Corp.
35,000
17,755,150
Technology
Hardware,
Storage
&
Peripherals
0.8%
HP,
Inc.
375,000
11,257,500
Total
Information
Technology
72,141,230
Materials
1.1%
Chemicals
1.1%
Eastman
Chemical
Co.
100,000
7,244,000
Nutrien
Ltd.
110,000
8,308,300
Total
15,552,300
Total
Materials
15,552,300
Real
Estate
3.0%
Health
Care
REITs
0.5%
Healthcare
Realty
Trust,
Inc.
350,000
6,664,000
Industrial
REITs
0.5%
Prologis,
Inc.
50,000
6,996,000
Office
REITs
0.5%
BXP,
Inc.
110,000
7,478,900
Issuer
.
Shares
.
Value
($)
Common
Stocks
(continued)
Residential
REITs
0.5%
Invitation
Homes,
Inc.
225,000
6,556,500
Retail
REITs
0.5%
Realty
Income
Corp.
110,000
6,740,800
Specialized
REITs
0.5%
VICI
Properties,
Inc.
250,000
6,412,500
Total
Real
Estate
40,848,700
Utilities
1.5%
Electric
Utilities
1.0%
Entergy
Corp.
65,000
6,910,150
FirstEnergy
Corp.
142,500
6,535,050
Total
13,445,200
Gas
Utilities
0.5%
UGI
Corp.
185,000
7,113,250
Total
Utilities
20,558,450
Total
Common
Stocks
(Cost
$
370,753,728
)
507,019,546
Issuer
Coupon
Rate
Principal
Amount
($)
Value
($)
Convertible
Bonds
11
.4
%
Auto
Manufacturers
0.7%
Rivian
Automotive,
Inc.
03/15/2029
4.625%
5,200,000
5,947,500
Wabash
National
Corp.
(d)
08/01/2032
4.000%
3,331,000
3,595,192
Total
9,542,692
Commercial
Services
0.4%
Hertz
Corp.
(d)
07/01/2030
6.750%
3,500,000
3,012,100
10/01/2030
5.500%
9,000,000
2,821,500
Total
5,833,600
Diversified
Financial
Services
1.0%
Galaxy
Digital
Holdings
LP
(d)
05/01/2031
0.500%
9,000,000
7,083,000
WisdomTree,
Inc.
08/15/2030
4.625%
4,500,000
6,498,900
Total
13,581,900
Electric
1.6%
PG&E
Corp.
12/01/2027
4.250%
5,500,000
5,439,500
PPL
Capital
Funding,
Inc.
(d)
12/01/2030
3.000%
6,000,000
5,932,200
Portfolio
of
Investments
(continued)
Columbia
Flexible
Capital
Income
Fund,
August
31,
2026
(Unaudited)
Columbia
Flexible
Capital
Income
Fund
|
2026
Issuer
Coupon
Rate
Principal
Amount
($)
Value
($)
Convertible
Bonds
(continued)
WEC
Energy
Group,
Inc.
06/01/2029
4.375%
8,500,000
9,847,250
Total
21,218,950
Energy
-
Alternate
Sources
0.8%
Eos
Energy
Enterprises,
Inc.
(d)
12/01/2031
1.750%
11,500,000
6,796,500
Plug
Power,
Inc.
(d)
12/01/2033
6.750%
3,200,000
3,736,960
Total
10,533,460
Entertainment
0.5%
Live
Nation
Entertainment,
Inc.
01/15/2030
2.875%
6,000,000
6,939,000
1
1
1
1
6,939,000
Environmental
Control
0.2%
PureCycle
Technologies,
Inc.
07/01/2032
4.750%
3,800,000
3,408,600
1
1
1
1
3,408,600
Healthcare
Services
0.5%
Oscar
Health,
Inc.
(d)
09/01/2030
2.250%
4,700,000
6,978,560
1
1
1
1
6,978,560
Home
Builders
0.5%
LCI
Industries
03/01/2030
3.000%
6,000,000
6,535,321
1
1
1
1
6,535,321
Internet
0.0%
Farfetch
Ltd.
(e)
05/01/2027
0.000%
8,300,000
31,125
1
1
1
1
31,125
Investment
Companies
0.7%
IREN
Ltd.
(d)
12/01/2033
1.000%
14,000,000
10,060,716
1
1
1
1
10,060,716
Mining
0.3%
Caledonia
Mining
Corp.
PLC
(d)
01/15/2033
5.875%
4,000,000
3,980,000
1
1
1
1
3,980,000
Oil
&
Gas
0.3%
Crescent
Energy
Co.
(d)
03/15/2031
2.750%
4,000,000
4,620,000
1
1
1
1
4,620,000
Private
Equity
0.5%
Hercules
Capital,
Inc.
(d)
09/01/2028
4.750%
6,400,000
6,361,600
1
1
1
1
6,361,600
REITS
0.5%
Welltower
OP
LLC
(d)
07/15/2029
3.125%
3,500,000
6,518,588
1
1
1
1
6,518,588
Software
1.9%
CoreWeave,
Inc.
(d)
10/01/2032
1.750%
7,000,000
6,515,600
Issuer
Coupon
Rate
Principal
Amount
($)
Value
($)
Convertible
Bonds
(continued)
Nebius
Group
NV
(d)
03/15/2033
2.625%
8,500,000
11,575,988
Progress
Software
Corp.
03/01/2030
3.500%
7,000,000
7,144,284
Total
25,235,872
Telecommunications
1.0%
AST
SpaceMobile,
Inc.
(d)
04/15/2036
2.250%
8,500,000
6,766,000
BlackSky
Technology,
Inc.
(d)
08/01/2033
8.250%
5,200,000
6,266,433
Total
13,032,433
Total
Convertible
Bonds
(Cost
$
161,708,080
)
154,412,417
Issuer
.
Shares
.
Value
($)
Convertible
Preferred
Stocks
14
.3
%
Communication
Services
1.5%
Interactive
Media
&
Services
1.5%
Alphabet,
Inc.
6.250%
210,000
10,052,700
Alphabet,
Inc.
6.250%
210,000
10,176,600
Total
20,229,300
Total
Communication
Services
20,229,300
Consumer
Discretionary
0.5%
Household
Durables
0.5%
Whirlpool
Corp.
8.500%
200,000
6,836,000
1
1
6,836,000
Total
Consumer
Discretionary
6,836,000
Financials
2.5%
Banks
1.0%
Bank
of
America
Corp.
(f)
7.250%
10,500
13,482,105
1
1
13,482,105
Capital
Markets
1.5%
ARES
Management
Corp.
6.750%
160,000
7,246,400
KKR
&
Co.,
Inc.
6.250%
275,000
12,806,750
Total
20,053,150
Total
Financials
33,535,255
Health
Care
0.7%
Life
Sciences
Tools
&
Services
0.7%
Bruker
Corp.
6.375%
22,500
9,496,350
1
1
9,496,350
Total
Health
Care
9,496,350
Industrials
1.7%
Aerospace
&
Defense
1.0%
Boeing
Co.
6.000%
100,000
6,479,000
Portfolio
of
Investments
(continued)
Columbia
Flexible
Capital
Income
Fund,
August
31,
2026
(Unaudited)
Columbia
Flexible
Capital
Income
Fund
|
2026
Issuer
.
Shares
.
Value
($)
Convertible
Preferred
Stocks
(continued)
VSE
Corp.
5.750%
135,000
7,165,800
Total
13,644,800
Trading
Companies
&
Distributors
0.7%
QXO,
Inc.
5.500%
245,000
9,887,220
1
1
9,887,220
Total
Industrials
23,532,020
Information
Technology
3.4%
Semiconductors
&
Semiconductor
Equipment
1.0%
Microchip
Technology,
Inc.
7.500%
210,000
13,515,600
1
1
13,515,600
Software
1.0%
Oracle
Corp.
6.500%
300,000
13,848,000
1
1
13,848,000
Technology
Hardware,
Storage
&
Peripherals
1.4%
Hewlett
Packard
Enterprise
Co.
7.625%
135,000
18,092,950
1
1
18,092,950
Total
Information
Technology
45,456,550
Materials
0.5%
Chemicals
0.5%
Albemarle
Corp.
7.250%
130,000
7,144,800
1
1
7,144,800
Total
Materials
7,144,800
Utilities
3.5%
Electric
Utilities
3.5%
Duke
Energy
Corp.
7.750%
275,000
13,587,750
NextEra
Energy,
Inc.
7.299%
200,000
10,307,784
PG&E
Corp.
6.000%
185,000
6,322,492
PPL
Corp.
7.000%
90,000
4,133,700
Southern
Co.
7.125%
275,000
13,109,128
Total
47,460,854
Total
Utilities
47,460,854
Total
Convertible
Preferred
Stocks
(Cost
$
184,145,759
)
193,691,129
Issuer
Coupon
Rate
Principal
Amount
($)
Value
($)
Corporate
Bonds
34
.4
%
Advertising
0.7%
Neptune
Bidco
U.S.,
Inc.
(d)
04/15/2029
9.290%
9,000,000
9,221,161
1
1
1
1
9,221,161
Aerospace
&
Defense
0.9%
Boeing
Co.
05/01/2054
6.858%
5,500,000
5,887,094
Issuer
Coupon
Rate
Principal
Amount
($)
Value
($)
Corporate
Bonds
(continued)
RTX
Corp.
06/01/2042
4.500%
8,000,000
6,923,797
Total
12,810,891
Airlines
0.5%
American
Airlines,
Inc.
(d)
02/15/2028
7.250%
6,000,000
6,060,117
1
1
1
1
6,060,117
Auto
Manufacturers
0.9%
Nissan
Motor
Co.
Ltd.
(d)
07/17/2030
7.500%
6,000,000
6,161,926
Rivian
Holdings
LLC/Rivian
LLC/Rivian
Automotive
LLC
(d)
01/15/2031
10.000%
7,000,000
7,169,791
Total
13,331,717
Auto
Parts
&
Equipment
0.5%
American
Axle
&
Manufacturing,
Inc.
(d)
10/15/2033
7.750%
6,500,000
6,528,090
1
1
1
1
6,528,090
Banks
2.4%
Citigroup,
Inc.
(g)
09/19/2039
5.411%
7,000,000
6,767,578
JPMorgan
Chase
&
Co.
(g)
04/22/2052
3.328%
11,000,000
7,251,534
JPMorgan
Chase
&
Co.
(f),(g)
Series
OO
04/01/2030
6.500%
5,800,000
5,899,052
M&T
Bank
Corp.
(g)
04/18/2036
5.295%
6,500,000
6,367,330
Morgan
Stanley
(g)
03/13/2047
5.900%
6,800,000
6,625,143
Total
32,910,637
Beverages
0.7%
Primo
Water
Holdings,
Inc./Triton
Water
Holdings,
Inc.
(d)
04/01/2029
6.250%
9,000,000
9,032,004
1
1
1
1
9,032,004
Chemicals
1.7%
INEOS
Finance
PLC
(d)
04/15/2029
7.500%
6,500,000
6,461,858
Innophos
Holdings,
Inc.
(d)
06/15/2029
11.500%
6,800,000
6,443,899
Olympus
Water
U.S.
Holding
Corp.
(d)
10/01/2029
6.250%
10,000,000
9,913,422
Total
22,819,179
Commercial
Services
0.8%
Deluxe
Corp.
(d)
06/01/2029
8.000%
6,500,000
6,566,572
Hertz
Corp.
(d)
07/15/2029
12.625%
7,000,000
4,746,056
Total
11,312,628
Portfolio
of
Investments
(continued)
Columbia
Flexible
Capital
Income
Fund,
August
31,
2026
(Unaudited)
Columbia
Flexible
Capital
Income
Fund
|
2026
Issuer
Coupon
Rate
Principal
Amount
($)
Value
($)
Corporate
Bonds
(continued)
Computers
1.0%
Hewlett
Packard
Enterprise
Co.
10/15/2054
5.600%
7,500,000
6,607,673
International
Business
Machines
Corp.
02/06/2053
5.100%
8,200,000
6,716,729
Total
13,324,402
Electric
3.2%
Entergy
Corp.
(g)
12/01/2054
7.125%
6,000,000
6,174,422
Entergy
Louisiana
LLC
03/15/2055
5.800%
7,000,000
6,629,195
FirstEnergy
Corp.
Series
C
03/01/2050
3.400%
21,000,000
13,653,165
Pacific
Gas
&
Electric
Co.
07/01/2050
4.950%
8,200,000
6,536,976
Wisconsin
Electric
Power
Co.
10/01/2054
5.050%
11,500,000
10,026,641
Total
43,020,399
Entertainment
1.5%
Scientific
Games
Holdings
LP/Scientific
Games
U.S.
FinCo,
Inc.
(d)
03/01/2030
6.625%
12,000,000
7,895,240
Starz
Capital
Holdings
LLC
(d)
04/15/2029
5.500%
14,500,000
12,982,772
Total
20,878,012
Food
1.2%
Albertsons
Cos.,
Inc./Safeway,
Inc./New
Albertsons
LP/
Albertsons
LLC
(d)
03/31/2031
5.500%
4,500,000
4,360,663
Safeway,
Inc.
02/01/2031
7.250%
5,500,000
5,742,409
United
Natural
Foods,
Inc.
(d)
10/15/2028
6.750%
6,455,000
6,470,663
Total
16,573,735
Gas
0.5%
AmeriGas
Partners
LP/AmeriGas
Finance
Corp.
(d)
06/01/2030
9.500%
6,000,000
6,374,895
1
1
1
1
6,374,895
Hand
&
Machine
Tools
0.5%
Stanley
Black
&
Decker,
Inc.
11/15/2048
4.850%
8,000,000
6,692,316
1
1
1
1
6,692,316
Health
Care
Equipment
&
Supplies
0.2%
Quotient
Holdings
Fin
Co.
Ltd.
(b),(c)
04/15/2030
12.000%
2,276,836
2,208,531
1
1
1
1
2,208,531
Issuer
Coupon
Rate
Principal
Amount
($)
Value
($)
Corporate
Bonds
(continued)
Healthcare
Services
0.7%
Star
Parent,
Inc.
(d)
10/01/2030
9.000%
8,500,000
8,925,360
1
1
1
1
8,925,360
Housewares
0.7%
Newell
Brands,
Inc.
04/01/2036
7.375%
2,100,000
2,115,185
04/01/2046
7.500%
6,000,000
5,595,079
SWF
Holdings
I
Corp.
(d)
10/01/2029
6.500%
10,500,000
1,042,535
Total
8,752,799
Insurance
0.5%
MetLife,
Inc.
07/15/2052
5.000%
7,800,000
6,706,476
1
1
1
1
6,706,476
Internet
0.5%
Alphabet,
Inc.
08/15/2046
6.250%
6,600,000
6,630,471
1
1
1
1
6,630,471
Media
0.4%
McGraw-Hill
Education,
Inc.
(d)
08/01/2029
8.000%
6,200,000
6,211,864
1
1
1
1
6,211,864
Oil
&
Gas
2.7%
Hilcorp
Energy
I
LP/Hilcorp
Finance
Co.
(d)
04/15/2030
6.000%
7,000,000
6,980,545
Nabors
Industries,
Inc.
(d)
08/15/2031
8.875%
6,000,000
6,278,238
Occidental
Petroleum
Corp.
07/15/2044
4.500%
11,572,000
9,278,223
04/15/2046
4.400%
12,200,000
9,834,690
Transocean
Aquila
Ltd.
(d)
09/30/2028
8.000%
4,307,692
4,397,409
Total
36,769,105
Packaging
&
Containers
1.3%
Mauser
Packaging
Solutions
Holding
Co.
(d)
04/15/2030
9.250%
11,500,000
11,482,536
Sword
Purchaser
LLC
(d)
04/15/2034
10.500%
5,533,000
5,771,674
Total
17,254,210
Pharmaceuticals
1.4%
1261229
BC
Ltd.
(d)
04/15/2032
10.000%
6,100,000
6,336,379
AbbVie,
Inc.
03/15/2055
5.600%
7,000,000
6,595,225
CVS
Health
Corp.
(g)
03/10/2055
7.000%
6,000,000
6,186,218
Total
19,117,822
Portfolio
of
Investments
(continued)
Columbia
Flexible
Capital
Income
Fund,
August
31,
2026
(Unaudited)
Columbia
Flexible
Capital
Income
Fund
|
2026
Notes
to
Portfolio
of
Investments
Issuer
Coupon
Rate
Principal
Amount
($)
Value
($)
Corporate
Bonds
(continued)
Real
Estate
0.0%
WeWork
Cos.
LLC
(b),(c),(d),(e)
08/15/2027
0.000%
6,975,000
0
1
1
1
1
0
REITS
1.0%
Invitation
Homes
Operating
Partnership
LP
02/01/2035
4.875%
7,000,000
6,627,707
Prologis
LP
03/15/2054
5.250%
7,500,000
6,751,480
Total
13,379,187
Retail
1.4%
Fertitta
Entertainment
LLC/Fertitta
Entertainment
Finance
Co.,
Inc.
(d)
01/15/2030
6.750%
13,000,000
12,740,562
Michaels
Cos.,
Inc.
(d)
03/15/2034
11.000%
6,500,000
6,306,779
Total
19,047,341
Semiconductors
0.5%
Broadcom,
Inc.
02/15/2041
3.500%
9,000,000
6,675,925
1
1
1
1
6,675,925
Software
4.3%
AthenaHealth
Group,
Inc.
(d)
02/15/2030
6.500%
10,500,000
10,262,213
Cloud
Software
Group
LLC
(d)
03/31/2029
6.500%
6,500,000
6,477,209
09/30/2029
9.000%
6,500,000
6,514,623
CoreWeave,
Inc.
(d)
06/01/2030
9.250%
10,500,000
9,753,304
10/01/2031
9.750%
4,000,000
3,575,396
Oracle
Corp.
02/04/2046
6.550%
11,500,000
10,254,470
Rocket
Software,
Inc.
(d)
02/15/2029
6.500%
11,000,000
10,784,175
Total
57,621,390
Telecommunications
1.3%
APLD
ComputeCo
LLC
(d)
12/15/2030
9.250%
6,500,000
6,852,890
Issuer
Coupon
Rate
Principal
Amount
($)
Value
($)
Corporate
Bonds
(continued)
Galaxy
Helios
Data
Centers
II
LLC
(d)
08/01/2031
9.875%
6,800,000
6,740,016
Telesat
Canada/Telesat
LLC
(d)
10/15/2027
6.500%
7,114,000
4,619,723
Total
18,212,629
Toys,
Games,
&
Hobbies
0.5%
Mattel,
Inc.
10/01/2040
6.200%
2,770,000
2,717,296
11/01/2041
5.450%
1,100,000
977,821
Mattel,
Inc.
(d)
04/01/2029
3.750%
3,000,000
2,887,764
Total
6,582,881
Total
Corporate
Bonds
(Cost
$
488,845,366
)
464,986,174
Issuer
.
Shares
.
Value
($)
Preferred
Stocks
0
.5
%
Financials
0.5%
Banks
0.5%
Citigroup
Capital
XIII
10.475%
250,000
6,537,500
1
1
6,537,500
Total
Financials
6,537,500
Total
Preferred
Stocks
(Cost
$
6,602,313
)
6,537,500
.
Shares
.....
Value
($)
Money
Market
Funds
1
.0
%
Columbia
Short-Term
Cash
Fund,
3.871%
(h),(i)
12,838,817
12,832,398
1
1
1
Total
Money
Market
Funds
(Cost
$
12,831,989
)
12,832,398
Total
Investments
in
Securities
(Cost
$
1,224,887,235
)
1,339,479,164
Other
Assets
&
Liabilities,
Net
12,008,135
Net
Assets
1,351,487,299
(a)
Non-income
producing
investment.
(b)
Valuation
based
on
significant
unobservable
inputs.
(c)
Represents
fair
value
as
determined
in
good
faith
under
procedures
approved
by
the
Board
of
Trustees.
At
August
31,
2026,
the
total
value
of
these
securities
amounted
to
$2,414,852,
which
represents
0.18%
of
total
net
assets.
(d)
Represents
privately
placed
and
other
securities
and
instruments
exempt
from
Securities
and
Exchange
Commission
registration
(collectively,
private
placements),
such
as
Section
4(a)(2)
and
Rule
144A
eligible
securities,
which
are
often
sold
only
to
qualified
institutional
buyers.
At
August
31,
2026,
the
total
value
of
these
securities
amounted
to
$363,951,260,
which
represents
26.93%
of
total
net
assets.
(e)
Zero
coupon
bond.
(f)
Perpetual
security
with
no
specified
maturity
date. The
date
shown
reflects
the
next
call
date.
Portfolio
of
Investments
(continued)
Columbia
Flexible
Capital
Income
Fund,
August
31,
2026
(Unaudited)
Columbia
Flexible
Capital
Income
Fund
|
2026
Net
change
in
unrealized
appreciation
(depreciation)
($)
Capital
gain
distributions
($)
Columbia
Short-Term
Cash
Fund
Investments
are
valued
using
policies
described
in
the
Notes
to
Financial
Statements
included
within
the
most
recent
financial
statements
and
additional
information.
(g)
Fixed-to-floating
rate
security.
The
interest
rate
shown
reflects
the
rate
in
effect
at
period
end.
The
security
pays
a
fixed
rate
of
interest
until
its
reset
date
and
thereafter
will
bear
interest
at
a
floating
rate
based
on
a
reference
rate
plus
a
spread.
(h)
The
rate
shown
is
the
seven-day
current
annualized
yield
at
August
31,
2026.
(i)
Under
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.
The
values
of
the
holdings
and
transactions
in
these
affiliated
companies
during
the
period
ended
August
31,
2026
are
as
follows:
You
may
at
any
time
request,
free
of
charge,
to
receive
a
paper
copy
of
this
report
by
calling
800.345.6611.