# Columbia Convertible Securities Fund Class A (PACIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pacix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Columbia Threadneedle · Asset class: Equity - Strategy: Actively Managed · Inception: 1987-09-25 Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in convertible securities. It may invest up to 15% of its total assets in Eurodollar convertible securities and up to an additional 20% of its total assets in foreign securities. Most convertible securities are not investment grade-rated. The fund also may invest directly in equity securities. ## Key Facts | Metric | Value | |---|---| | Price | $27.23 | | Expense Ratio | 1.09% | | Assets Under Management | $1.72B | | NAV | $27.23 | | Holdings Count | — | | Distribution Yield (TTM) | 4.63% | | Annual Distribution (TTM) | $1.26 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $24.43 – $31.63 | | Beta | 1.15 | ## Latest Distribution - Amount: $0.1262 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-21 ## Frequently Asked Questions ### What does PACIX invest in? Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in convertible securities. It may invest up to 15% of its total assets in Eurodollar convertible securities and up to an additional 20% of its total assets in foreign securities. Most convertible securities are not investment grade-rated. The fund also may invest directly in equity securities. ### What is the expense ratio of PACIX? Columbia Convertible Securities Fund Class A (PACIX) charges an expense ratio of 1.09%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PACIX? Columbia Convertible Securities Fund Class A (PACIX) manages $1.72B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is PACIX actively managed or an index fund? PACIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PACIX's is 1.09%) in exchange for the discretion to over- or under-weight positions. ### When was PACIX launched? Columbia Convertible Securities Fund Class A (PACIX) launched in September 1987 and is managed by Columbia Threadneedle. ### How has PACIX performed? PACIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does PACIX pay a dividend? Columbia Convertible Securities Fund Class A (PACIX) currently distributes little or no income. Trailing-twelve-month yield is 4.63%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PACIX pay dividends? Columbia Convertible Securities Fund Class A pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PACIX's dividend yield? PACIX's trailing-twelve-month yield is 4.63%, calculated from the sum of dividends over the past year divided by the current price. ### When is PACIX's next ex-dividend date? The most recently announced ex-dividend date for PACIX was 2026-09-21. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will PACIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.09% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PACIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PACIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PACIX cost more than a fund like VOO? PACIX is actively managed (current expense ratio 1.09%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PACIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PACIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PACIX (1.09%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/pacix - Distribution history: https://www.dividenddata.com/funds/pacix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pacix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pacix/expenses - Peer comparison: https://www.dividenddata.com/funds/pacix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.