Columbia Pyrford International Stock Fund Q4 2025 Commentary

Columbia Threadneedle Investments1.01K FollowersFollow5ShareSavePlay(11min)CommentsSummaryColumbia Pyrford International Stock Fund Institutional Class shares returned 3.38% for the quarter ending December 31, 2025.Our relative underperformance is mainly explained by stock selection in the eurozone and in Norway.On a sector basis, our underweight to and stock selection within financials detracted. Stock selection in information technology and materials also detracted.Our stock selection in communication services and consumer staples added. Sector positioning is a residual of the opportunities we find at the country level. Love Employee/iStock via Getty Images The focus of the portfolio is on balance sheet strength, profitability, earnings visibility and value. Fund performance Columbia Pyrford International Stock Fund Institutional Class shares (PISLX) returned 3.38% for the quarter ending December 31, 2025. This article was written byColumbia Threadneedle Investments1.01K FollowersFollowColumbia Threadneedle Investments is a leading global asset management group that provides a broad range of actively managed investment strategies and solutions for individual, institutional and corporate clients around the world.

Columbia Threadneedle Investments is the global asset management group of Ameriprise Financial, Inc. (NYSE: AMP). For more information please visit columbiathreadneedleus.com.