# EDGAR Filing Document

**Accession Number:** 0000773757
**File Stem:** 0001193125-25-269227
**Filing Date:** 2025-11
**Character Count:** 663282
**Document Hash:** 7226a6baa9a216c235d3a52c05a4c2b6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-269227.hdr.sgml**: 20251106

**ACCESSION NUMBER**: 0001193125-25-269227

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 43

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251106

**DATE AS OF CHANGE**: 20251106

**EFFECTIVENESS DATE**: 20251106

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLUMBIA FUNDS SERIES TRUST I
- **CENTRAL INDEX KEY:** 0000773757

**ORGANIZATION NAME:**
- **EIN:** 363376651
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04367
- **FILM NUMBER:** 251457773

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-345-6611

**MAIL ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COLUMBIA FUNDS TRUST IX
- **DATE OF NAME CHANGE:** 20031107

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LIBERTY STEIN ROE FUNDS MUNICIPAL TRUST
- **DATE OF NAME CHANGE:** 19991025

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STEINROE MUNICIPAL TRUST
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Columbia Strategic Income Fund (Series ID: S000010617)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000029358 | Columbia Strategic Income Fund Class A               | COSIX           |
| C000029360 | Columbia Strategic Income Fund Class C               | CLSCX           |
| C000029362 | Columbia Strategic Income Fund Institutional Class   | LSIZX           |
| C000094661 | Columbia Strategic Income Fund Class R               | CSNRX           |
| C000094663 | Columbia Strategic Income Fund Institutional 2 Class | CTIVX           |
| C000129839 | Columbia Strategic Income Fund Institutional 3 Class | CPHUX           |
| C000253710 | Columbia Strategic Income Fund Class S               | LSIDX           |

?xml version='1.0' encoding='ASCII'? 8a9eb089-7dad-4edc-ac06-67a0b064fbc9

#### UNITED STATES

#### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

------

#### FORM N-CSR

------

#### CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

#### Investment Company Act file number

#### 811-04367

#### Columbia Funds Series Trust I
(Exact name of registrant as specified in charter)

------

290 Congress Street

Boston, MA 02210

(Address of principal executive offices) (Zip code)

Michael G. Clarke

c/o Columbia Management Investment Advisers, LLC

290 Congress Street

Boston, MA 02210

Ryan C. Larrenaga, Esq.

c/o Columbia Management Investment Advisers, LLC

290 Congress Street

Boston, MA 02210

(Name and address of agent for service)

#### Registrant's telephone number, including area code:
&nbsp;&nbsp;&nbsp;&nbsp;(800) 345-6611

#### Date of fiscal year end:

#### Last Day of August

#### Date of reporting period:

#### August 31, 2025
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Reports to Stockholders

Columbia Strategic Income Fund

Class A / COSIX

![FundLogo](images_1975.jpg)

Annual Shareholder Report \| August 31, 2025

This annual shareholder report contains important information about Columbia Strategic Income Fund (the Fund) for the period of September 1, 2024 to August 31, 2025. You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

#### What were the Fund costs for the reporting period?
(Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Class | Cost of a $10,000 investment | Cost paid as a percentage of a $10,000 investment |
| Class A | $96 | 0.94% |

---

#### Management's Discussion of Fund Performance
The performance of Class A shares for the period presented is shown in the Average Annual Total Returns table.

Top Performance Contributors

**Duration** \| Duration and curve positioning added materially to Fund performance during the annual period as Treasury yields from 3 months to 5 years in maturity dropped while maturities 7 years and longer saw yields rise. Although the Fund held less overall duration than the benchmark, it held more duration in the short-to-intermediate part of the curve and less duration in the longer portion of the curve, benefiting Fund performance relative to the benchmark.

**Sector Allocations** \| Positive contributions to the Fund's performance were driven by out-of-benchmark exposure to high-yield corporates, non-agency mortgage-backed securities, floating rate bank loans and emerging market debt securities.

**Security Selection** \| Security selection was also a positive contributor to performance, with contributions coming from asset-backed securities, investment-grade corporates, commercial mortgage-backed securities, and agency residential mortgages.

Top Performance Detractors

**Sector Allocations** I While overall sector allocation contributed to performance, negative Fund performance came from an underweight to investment-grade corporates.

**Security Selection** \| While overall security selection contributed to performance, detractors in security selection came from emerging market debt securities.

#### Fund Performance
The following shows the change in value of a hypothetical $10,000 investment in Class A shares of the Fund during the stated time period.

Growth of $10,000

![Fund Performance - Growth of 10K](chartimages_3833018.jpg)

---

| | | | |
|:---|:---|:---|:---|
| Average Annual Total Returns (%) | 1 year | 5 years | 10 years |
| Class A (excluding sales charges) | 5.22 | 2.66 | 3.68 |
| Class A (including sales charges) | 0.24 | 1.68 | 3.18 |
| Bloomberg U.S. Aggregate Bond Index | 3.14 | (0.68) | 1.80 |
| ICE BofA US Cash Pay High Yield Constrained Index | 8.14 | 5.13 | 5.70 |
| FTSE Non-U.S. World Government Bond (All Maturities) Index – Unhedged | 2.79 | (4.39) | (0.22) |
| JPMorgan Emerging Markets Bond Index - Global | 7.96 | 1.55 | 3.80 |

---

The Fund's past performance is not a good predictor of the Fund's future performance. Performance does not reflect the deduction of taxes that a shareholder may pay on fund distributions or on the redemptions of fund shares. Performance results reflect the effect of any fee waivers/expense reimbursements, if applicable. All results shown assume reinvestment of distributions. Visit columbiathreadneedleus.com/investment-products/mutual-funds for more recent performance information.

Key Fund Statistics

---

| | |
|:---|:---|
| **Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$5913125036 |
| **Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;1324 |
| **Management services fees<br>(represents 0.55% of Fund average net assets)** | &nbsp;&nbsp;&nbsp;&nbsp;$31610936 |
| **Portfolio turnover for the reporting period** | &nbsp;&nbsp;&nbsp;&nbsp;232% |
| **Portfolio turnover for the reporting period excluding to be announced (TBA) securities** | &nbsp;&nbsp;&nbsp;&nbsp;50% |

---

#### Graphical Representation of Fund Holdings
The tables below show the investment makeup of the Fund represented as a percentage of Fund net assets. Derivatives are excluded from the tables unless otherwise noted. The Fund's portfolio composition is subject to change.

Derivative Exposure

---

| | |
|:---|:---|
|  | **Long** |
| Credit Risk | 1.4% |
| Interest Rate Risk | 128.1% |
|  | **Short** |
| Credit Risk | 0.7% |
| Foreign Exchange Risk | 0.8% |
| Interest Rate Risk | 139.3% |

---

Asset Categories

![Graphical Representation - Allocation 1 Chart](chartimages_3833019.jpg)

#### Availability of Additional Information
For additional information about the Fund, including its prospectus, financial information, holdings, federal tax information and proxy voting information, visit the Fund's website included at the beginning of this report or scan the QR code below.

![TSR - QR Code](images_1986.jpg)

The Fund is distributed by Columbia Management Investment Distributors, Inc., member FINRA, and managed by Columbia Management Investment Advisers, LLC. Columbia Threadneedle Investments<sup>®</sup> (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies. All rights reserved.© 2025 Columbia Management Investment Advisers, LLC.

Not FDIC or NCUA Insured • No Financial Institution Guarantee • May Lose Value

Columbia Strategic Income Fund \| Class A \| ASR232_01_(10/25)

Columbia Strategic Income Fund

Class C / CLSCX

![FundLogo](images_1975.jpg)

Annual Shareholder Report \| August 31, 2025

This annual shareholder report contains important information about Columbia Strategic Income Fund (the Fund) for the period of September 1, 2024 to August 31, 2025. You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

#### What were the Fund costs for the reporting period?
(Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Class | Cost of a $10,000 investment | Cost paid as a percentage of a $10,000 investment |
| Class C | $172 | 1.69% |

---

#### Management's Discussion of Fund Performance
The performance of Class C shares for the period presented is shown in the Average Annual Total Returns table.

Top Performance Contributors

**Duration** \| Duration and curve positioning added materially to Fund performance during the annual period as Treasury yields from 3 months to 5 years in maturity dropped while maturities 7 years and longer saw yields rise. Although the Fund held less overall duration than the benchmark, it held more duration in the short-to-intermediate part of the curve and less duration in the longer portion of the curve, benefiting Fund performance relative to the benchmark.

**Sector Allocations** \| Positive contributions to the Fund's performance were driven by out-of-benchmark exposure to high-yield corporates, non-agency mortgage-backed securities, floating rate bank loans and emerging market debt securities.

**Security Selection** \| Security selection was also a positive contributor to performance, with contributions coming from asset-backed securities, investment-grade corporates, commercial mortgage-backed securities, and agency residential mortgages.

Top Performance Detractors

**Sector Allocations** I While overall sector allocation contributed to performance, negative Fund performance came from an underweight to investment-grade corporates.

**Security Selection** \| While overall security selection contributed to performance, detractors in security selection came from emerging market debt securities.

#### Fund Performance
The following shows the change in value of a hypothetical $10,000 investment in Class C shares of the Fund during the stated time period.

Growth of $10,000

![Fund Performance - Growth of 10K](chartimages_3832998.jpg)

---

| | | | |
|:---|:---|:---|:---|
| Average Annual Total Returns (%) | 1 year | 5 years | 10 years |
| Class C (excluding sales charges) | 4.41 | 1.89 | 2.91 |
| Class C (including sales charges) | 3.41 | 1.89 | 2.91 |
| Bloomberg U.S. Aggregate Bond Index | 3.14 | (0.68) | 1.80 |
| ICE BofA US Cash Pay High Yield Constrained Index | 8.14 | 5.13 | 5.70 |
| FTSE Non-U.S. World Government Bond (All Maturities) Index – Unhedged | 2.79 | (4.39) | (0.22) |
| JPMorgan Emerging Markets Bond Index - Global | 7.96 | 1.55 | 3.80 |

---

The Fund's past performance is not a good predictor of the Fund's future performance. Performance does not reflect the deduction of taxes that a shareholder may pay on fund distributions or on the redemptions of fund shares. Performance results reflect the effect of any fee waivers/expense reimbursements, if applicable. All results shown assume reinvestment of distributions. Visit columbiathreadneedleus.com/investment-products/mutual-funds for more recent performance information.

Key Fund Statistics

---

| | |
|:---|:---|
| **Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$5913125036 |
| **Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;1324 |
| **Management services fees<br>(represents 0.55% of Fund average net assets)** | &nbsp;&nbsp;&nbsp;&nbsp;$31610936 |
| **Portfolio turnover for the reporting period** | &nbsp;&nbsp;&nbsp;&nbsp;232% |
| **Portfolio turnover for the reporting period excluding to be announced (TBA) securities** | &nbsp;&nbsp;&nbsp;&nbsp;50% |

---

#### Graphical Representation of Fund Holdings
The tables below show the investment makeup of the Fund represented as a percentage of Fund net assets. Derivatives are excluded from the tables unless otherwise noted. The Fund's portfolio composition is subject to change.

Derivative Exposure

---

| | |
|:---|:---|
|  | **Long** |
| Credit Risk | 1.4% |
| Interest Rate Risk | 128.1% |
|  | **Short** |
| Credit Risk | 0.7% |
| Foreign Exchange Risk | 0.8% |
| Interest Rate Risk | 139.3% |

---

Asset Categories

![Graphical Representation - Allocation 1 Chart](chartimages_3832999.jpg)

#### Availability of Additional Information
For additional information about the Fund, including its prospectus, financial information, holdings, federal tax information and proxy voting information, visit the Fund's website included at the beginning of this report or scan the QR code below.

![TSR - QR Code](images_1986.jpg)

The Fund is distributed by Columbia Management Investment Distributors, Inc., member FINRA, and managed by Columbia Management Investment Advisers, LLC. Columbia Threadneedle Investments<sup>®</sup> (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies. All rights reserved.© 2025 Columbia Management Investment Advisers, LLC.

Not FDIC or NCUA Insured • No Financial Institution Guarantee • May Lose Value

Columbia Strategic Income Fund \| Class C \| ASR232_04_(10/25)

Columbia Strategic Income Fund

Institutional Class / LSIZX

![FundLogo](images_1975.jpg)

Annual Shareholder Report \| August 31, 2025

This annual shareholder report contains important information about Columbia Strategic Income Fund (the Fund) for the period of September 1, 2024 to August 31, 2025. You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

#### What were the Fund costs for the reporting period?
(Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Class | Cost of a $10,000 investment | Cost paid as a percentage of a $10,000 investment |
| Institutional Class | $71 | 0.69% |

---

#### Management's Discussion of Fund Performance
The performance of Institutional Class shares for the period presented is shown in the Average Annual Total Returns table.

Top Performance Contributors

**Duration** \| Duration and curve positioning added materially to Fund performance during the annual period as Treasury yields from 3 months to 5 years in maturity dropped while maturities 7 years and longer saw yields rise. Although the Fund held less overall duration than the benchmark, it held more duration in the short-to-intermediate part of the curve and less duration in the longer portion of the curve, benefiting Fund performance relative to the benchmark.

**Sector Allocations** \| Positive contributions to the Fund's performance were driven by out-of-benchmark exposure to high-yield corporates, non-agency mortgage-backed securities, floating rate bank loans and emerging market debt securities.

**Security Selection** \| Security selection was also a positive contributor to performance, with contributions coming from asset-backed securities, investment-grade corporates, commercial mortgage-backed securities, and agency residential mortgages.

Top Performance Detractors

**Sector Allocations** I While overall sector allocation contributed to performance, negative Fund performance came from an underweight to investment-grade corporates.

**Security Selection** \| While overall security selection contributed to performance, detractors in security selection came from emerging market debt securities.

#### Fund Performance
The following shows the change in value of a hypothetical $10,000 investment in Institutional Class shares of the Fund during the stated time period.

Growth of $10,000

![Fund Performance - Growth of 10K](chartimages_3832921.jpg)

---

| | | | |
|:---|:---|:---|:---|
| Average Annual Total Returns (%) | 1 year | 5 years | 10 years |
| Institutional Class | 5.46 | 2.92 | 3.95 |
| Bloomberg U.S. Aggregate Bond Index | 3.14 | (0.68) | 1.80 |
| ICE BofA US Cash Pay High Yield Constrained Index | 8.14 | 5.13 | 5.70 |
| FTSE Non-U.S. World Government Bond (All Maturities) Index – Unhedged | 2.79 | (4.39) | (0.22) |
| JPMorgan Emerging Markets Bond Index - Global | 7.96 | 1.55 | 3.80 |

---

The Fund's past performance is not a good predictor of the Fund's future performance. Performance does not reflect the deduction of taxes that a shareholder may pay on fund distributions or on the redemptions of fund shares. Performance results reflect the effect of any fee waivers/expense reimbursements, if applicable. All results shown assume reinvestment of distributions. Visit columbiathreadneedleus.com/investment-products/mutual-funds for more recent performance information.

Key Fund Statistics

---

| | |
|:---|:---|
| **Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$5913125036 |
| **Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;1324 |
| **Management services fees<br>(represents 0.55% of Fund average net assets)** | &nbsp;&nbsp;&nbsp;&nbsp;$31610936 |
| **Portfolio turnover for the reporting period** | &nbsp;&nbsp;&nbsp;&nbsp;232% |
| **Portfolio turnover for the reporting period excluding to be announced (TBA) securities** | &nbsp;&nbsp;&nbsp;&nbsp;50% |

---

#### Graphical Representation of Fund Holdings
The tables below show the investment makeup of the Fund represented as a percentage of Fund net assets. Derivatives are excluded from the tables unless otherwise noted. The Fund's portfolio composition is subject to change.

Derivative Exposure

---

| | |
|:---|:---|
|  | **Long** |
| Credit Risk | 1.4% |
| Interest Rate Risk | 128.1% |
|  | **Short** |
| Credit Risk | 0.7% |
| Foreign Exchange Risk | 0.8% |
| Interest Rate Risk | 139.3% |

---

Asset Categories

![Graphical Representation - Allocation 1 Chart](chartimages_3832922.jpg)

#### Availability of Additional Information
For additional information about the Fund, including its prospectus, financial information, holdings, federal tax information and proxy voting information, visit the Fund's website included at the beginning of this report or scan the QR code below.

![TSR - QR Code](images_1986.jpg)

The Fund is distributed by Columbia Management Investment Distributors, Inc., member FINRA, and managed by Columbia Management Investment Advisers, LLC. Columbia Threadneedle Investments<sup>®</sup> (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies. All rights reserved.© 2025 Columbia Management Investment Advisers, LLC.

Not FDIC or NCUA Insured • No Financial Institution Guarantee • May Lose Value

Columbia Strategic Income Fund \| Institutional Class \| ASR232_08_(10/25)

Columbia Strategic Income Fund

Institutional 2 Class / CTIVX

![FundLogo](images_1975.jpg)

Annual Shareholder Report \| August 31, 2025

This annual shareholder report contains important information about Columbia Strategic Income Fund (the Fund) for the period of September 1, 2024 to August 31, 2025. You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

#### What were the Fund costs for the reporting period?
(Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Class | Cost of a $10,000 investment | Cost paid as a percentage of a $10,000 investment |
| Institutional 2 Class | $67 | 0.65% |

---

#### Management's Discussion of Fund Performance
The performance of Institutional 2 Class shares for the period presented is shown in the Average Annual Total Returns table.

Top Performance Contributors

**Duration** \| Duration and curve positioning added materially to Fund performance during the annual period as Treasury yields from 3 months to 5 years in maturity dropped while maturities 7 years and longer saw yields rise. Although the Fund held less overall duration than the benchmark, it held more duration in the short-to-intermediate part of the curve and less duration in the longer portion of the curve, benefiting Fund performance relative to the benchmark.

**Sector Allocations** \| Positive contributions to the Fund's performance were driven by out-of-benchmark exposure to high-yield corporates, non-agency mortgage-backed securities, floating rate bank loans and emerging market debt securities.

**Security Selection** \| Security selection was also a positive contributor to performance, with contributions coming from asset-backed securities, investment-grade corporates, commercial mortgage-backed securities, and agency residential mortgages.

Top Performance Detractors

**Sector Allocations** I While overall sector allocation contributed to performance, negative Fund performance came from an underweight to investment-grade corporates.

**Security Selection** \| While overall security selection contributed to performance, detractors in security selection came from emerging market debt securities.

#### Fund Performance
The following shows the change in value of a hypothetical $10,000 investment in Institutional 2 Class shares of the Fund during the stated time period.

Growth of $10,000

![Fund Performance - Growth of 10K](chartimages_3832961.jpg)

---

| | | | |
|:---|:---|:---|:---|
| Average Annual Total Returns (%) | 1 year | 5 years | 10 years |
| Institutional 2 Class | 5.49 | 2.97 | 3.99 |
| Bloomberg U.S. Aggregate Bond Index | 3.14 | (0.68) | 1.80 |
| ICE BofA US Cash Pay High Yield Constrained Index | 8.14 | 5.13 | 5.70 |
| FTSE Non-U.S. World Government Bond (All Maturities) Index – Unhedged | 2.79 | (4.39) | (0.22) |
| JPMorgan Emerging Markets Bond Index - Global | 7.96 | 1.55 | 3.80 |

---

The Fund's past performance is not a good predictor of the Fund's future performance. Performance does not reflect the deduction of taxes that a shareholder may pay on fund distributions or on the redemptions of fund shares. Performance results reflect the effect of any fee waivers/expense reimbursements, if applicable. All results shown assume reinvestment of distributions. Visit columbiathreadneedleus.com/investment-products/mutual-funds for more recent performance information.

Key Fund Statistics

---

| | |
|:---|:---|
| **Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$5913125036 |
| **Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;1324 |
| **Management services fees<br>(represents 0.55% of Fund average net assets)** | &nbsp;&nbsp;&nbsp;&nbsp;$31610936 |
| **Portfolio turnover for the reporting period** | &nbsp;&nbsp;&nbsp;&nbsp;232% |
| **Portfolio turnover for the reporting period excluding to be announced (TBA) securities** | &nbsp;&nbsp;&nbsp;&nbsp;50% |

---

#### Graphical Representation of Fund Holdings
The tables below show the investment makeup of the Fund represented as a percentage of Fund net assets. Derivatives are excluded from the tables unless otherwise noted. The Fund's portfolio composition is subject to change.

Derivative Exposure

---

| | |
|:---|:---|
|  | **Long** |
| Credit Risk | 1.4% |
| Interest Rate Risk | 128.1% |
|  | **Short** |
| Credit Risk | 0.7% |
| Foreign Exchange Risk | 0.8% |
| Interest Rate Risk | 139.3% |

---

Asset Categories

![Graphical Representation - Allocation 1 Chart](chartimages_3832950.jpg)

#### Availability of Additional Information
For additional information about the Fund, including its prospectus, financial information, holdings, federal tax information and proxy voting information, visit the Fund's website included at the beginning of this report or scan the QR code below.

![TSR - QR Code](images_1986.jpg)

The Fund is distributed by Columbia Management Investment Distributors, Inc., member FINRA, and managed by Columbia Management Investment Advisers, LLC. Columbia Threadneedle Investments<sup>®</sup> (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies. All rights reserved.© 2025 Columbia Management Investment Advisers, LLC.

Not FDIC or NCUA Insured • No Financial Institution Guarantee • May Lose Value

Columbia Strategic Income Fund \| Institutional 2 Class \| ASR232_15_(10/25)

Columbia Strategic Income Fund

Institutional 3 Class / CPHUX

![FundLogo](images_1975.jpg)

Annual Shareholder Report \| August 31, 2025

This annual shareholder report contains important information about Columbia Strategic Income Fund (the Fund) for the period of September 1, 2024 to August 31, 2025. You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

#### What were the Fund costs for the reporting period?
(Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Class | Cost of a $10,000 investment | Cost paid as a percentage of a $10,000 investment |
| Institutional 3 Class | $62 | 0.60% |

---

#### Management's Discussion of Fund Performance
The performance of Institutional 3 Class shares for the period presented is shown in the Average Annual Total Returns table.

Top Performance Contributors

**Duration** \| Duration and curve positioning added materially to Fund performance during the annual period as Treasury yields from 3 months to 5 years in maturity dropped while maturities 7 years and longer saw yields rise. Although the Fund held less overall duration than the benchmark, it held more duration in the short-to-intermediate part of the curve and less duration in the longer portion of the curve, benefiting Fund performance relative to the benchmark.

**Sector Allocations** \| Positive contributions to the Fund's performance were driven by out-of-benchmark exposure to high-yield corporates, non-agency mortgage-backed securities, floating rate bank loans and emerging market debt securities.

**Security Selection** \| Security selection was also a positive contributor to performance, with contributions coming from asset-backed securities, investment-grade corporates, commercial mortgage-backed securities, and agency residential mortgages.

Top Performance Detractors

**Sector Allocations** I While overall sector allocation contributed to performance, negative Fund performance came from an underweight to investment-grade corporates.

**Security Selection** \| While overall security selection contributed to performance, detractors in security selection came from emerging market debt securities.

#### Fund Performance
The following shows the change in value of a hypothetical $10,000 investment in Institutional 3 Class shares of the Fund during the stated time period.

Growth of $10,000

![Fund Performance - Growth of 10K](chartimages_3832941.jpg)

---

| | | | |
|:---|:---|:---|:---|
| Average Annual Total Returns (%) | 1 year | 5 years | 10 years |
| Institutional 3 Class | 5.57 | 3.02 | 4.03 |
| Bloomberg U.S. Aggregate Bond Index | 3.14 | (0.68) | 1.80 |
| ICE BofA US Cash Pay High Yield Constrained Index | 8.14 | 5.13 | 5.70 |
| FTSE Non-U.S. World Government Bond (All Maturities) Index – Unhedged | 2.79 | (4.39) | (0.22) |
| JPMorgan Emerging Markets Bond Index - Global | 7.96 | 1.55 | 3.80 |

---

The Fund's past performance is not a good predictor of the Fund's future performance. Performance does not reflect the deduction of taxes that a shareholder may pay on fund distributions or on the redemptions of fund shares. Performance results reflect the effect of any fee waivers/expense reimbursements, if applicable. All results shown assume reinvestment of distributions. Visit columbiathreadneedleus.com/investment-products/mutual-funds for more recent performance information.

Key Fund Statistics

---

| | |
|:---|:---|
| **Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$5913125036 |
| **Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;1324 |
| **Management services fees<br>(represents 0.55% of Fund average net assets)** | &nbsp;&nbsp;&nbsp;&nbsp;$31610936 |
| **Portfolio turnover for the reporting period** | &nbsp;&nbsp;&nbsp;&nbsp;232% |
| **Portfolio turnover for the reporting period excluding to be announced (TBA) securities** | &nbsp;&nbsp;&nbsp;&nbsp;50% |

---

#### Graphical Representation of Fund Holdings
The tables below show the investment makeup of the Fund represented as a percentage of Fund net assets. Derivatives are excluded from the tables unless otherwise noted. The Fund's portfolio composition is subject to change.

Derivative Exposure

---

| | |
|:---|:---|
|  | **Long** |
| Credit Risk | 1.4% |
| Interest Rate Risk | 128.1% |
|  | **Short** |
| Credit Risk | 0.7% |
| Foreign Exchange Risk | 0.8% |
| Interest Rate Risk | 139.3% |

---

Asset Categories

![Graphical Representation - Allocation 1 Chart](chartimages_3832942.jpg)

#### Availability of Additional Information
For additional information about the Fund, including its prospectus, financial information, holdings, federal tax information and proxy voting information, visit the Fund's website included at the beginning of this report or scan the QR code below.

![TSR - QR Code](images_1986.jpg)

The Fund is distributed by Columbia Management Investment Distributors, Inc., member FINRA, and managed by Columbia Management Investment Advisers, LLC. Columbia Threadneedle Investments<sup>®</sup> (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies. All rights reserved.© 2025 Columbia Management Investment Advisers, LLC.

Not FDIC or NCUA Insured • No Financial Institution Guarantee • May Lose Value

Columbia Strategic Income Fund \| Institutional 3 Class \| ASR232_17_(10/25)

Columbia Strategic Income Fund

Class R / CSNRX

![FundLogo](images_1975.jpg)

Annual Shareholder Report \| August 31, 2025

This annual shareholder report contains important information about Columbia Strategic Income Fund (the Fund) for the period of September 1, 2024 to August 31, 2025. You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

#### What were the Fund costs for the reporting period?
(Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Class | Cost of a $10,000 investment | Cost paid as a percentage of a $10,000 investment |
| Class R | $122 | 1.19% |

---

#### Management's Discussion of Fund Performance
The performance of Class R shares for the period presented is shown in the Average Annual Total Returns table.

Top Performance Contributors

**Duration** \| Duration and curve positioning added materially to Fund performance during the annual period as Treasury yields from 3 months to 5 years in maturity dropped while maturities 7 years and longer saw yields rise. Although the Fund held less overall duration than the benchmark, it held more duration in the short-to-intermediate part of the curve and less duration in the longer portion of the curve, benefiting Fund performance relative to the benchmark.

**Sector Allocations** \| Positive contributions to the Fund's performance were driven by out-of-benchmark exposure to high-yield corporates, non-agency mortgage-backed securities, floating rate bank loans and emerging market debt securities.

**Security Selection** \| Security selection was also a positive contributor to performance, with contributions coming from asset-backed securities, investment-grade corporates, commercial mortgage-backed securities, and agency residential mortgages.

Top Performance Detractors

**Sector Allocations** I While overall sector allocation contributed to performance, negative Fund performance came from an underweight to investment-grade corporates.

**Security Selection** \| While overall security selection contributed to performance, detractors in security selection came from emerging market debt securities.

#### Fund Performance
The following shows the change in value of a hypothetical $10,000 investment in Class R shares of the Fund during the stated time period.

Growth of $10,000

![Fund Performance - Growth of 10K](chartimages_3832990.jpg)

---

| | | | |
|:---|:---|:---|:---|
| Average Annual Total Returns (%) | 1 year | 5 years | 10 years |
| Class R | 4.92 | 2.42 | 3.41 |
| Bloomberg U.S. Aggregate Bond Index | 3.14 | (0.68) | 1.80 |
| ICE BofA US Cash Pay High Yield Constrained Index | 8.14 | 5.13 | 5.70 |
| FTSE Non-U.S. World Government Bond (All Maturities) Index – Unhedged | 2.79 | (4.39) | (0.22) |
| JPMorgan Emerging Markets Bond Index - Global | 7.96 | 1.55 | 3.80 |

---

The Fund's past performance is not a good predictor of the Fund's future performance. Performance does not reflect the deduction of taxes that a shareholder may pay on fund distributions or on the redemptions of fund shares. Performance results reflect the effect of any fee waivers/expense reimbursements, if applicable. All results shown assume reinvestment of distributions. Visit columbiathreadneedleus.com/investment-products/mutual-funds for more recent performance information.

Key Fund Statistics

---

| | |
|:---|:---|
| **Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$5913125036 |
| **Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;1324 |
| **Management services fees<br>(represents 0.55% of Fund average net assets)** | &nbsp;&nbsp;&nbsp;&nbsp;$31610936 |
| **Portfolio turnover for the reporting period** | &nbsp;&nbsp;&nbsp;&nbsp;232% |
| **Portfolio turnover for the reporting period excluding to be announced (TBA) securities** | &nbsp;&nbsp;&nbsp;&nbsp;50% |

---

#### Graphical Representation of Fund Holdings
The tables below show the investment makeup of the Fund represented as a percentage of Fund net assets. Derivatives are excluded from the tables unless otherwise noted. The Fund's portfolio composition is subject to change.

Derivative Exposure

---

| | |
|:---|:---|
|  | **Long** |
| Credit Risk | 1.4% |
| Interest Rate Risk | 128.1% |
|  | **Short** |
| Credit Risk | 0.7% |
| Foreign Exchange Risk | 0.8% |
| Interest Rate Risk | 139.3% |

---

Asset Categories

![Graphical Representation - Allocation 1 Chart](chartimages_3832991.jpg)

#### Availability of Additional Information
For additional information about the Fund, including its prospectus, financial information, holdings, federal tax information and proxy voting information, visit the Fund's website included at the beginning of this report or scan the QR code below.

![TSR - QR Code](images_1986.jpg)

The Fund is distributed by Columbia Management Investment Distributors, Inc., member FINRA, and managed by Columbia Management Investment Advisers, LLC. Columbia Threadneedle Investments<sup>®</sup> (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies. All rights reserved.© 2025 Columbia Management Investment Advisers, LLC.

Not FDIC or NCUA Insured • No Financial Institution Guarantee • May Lose Value

Columbia Strategic Income Fund \| Class R \| ASR232_12_(10/25)

Columbia Strategic Income Fund

Class S / LSIDX

![FundLogo](images_1975.jpg)

Annual Shareholder Report \| August 31, 2025

This annual shareholder report contains important information about Columbia Strategic Income Fund (the Fund) for the period of October 2, 2024 to August 31, 2025. You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

#### What were the Fund costs for the reporting period?
(Based on a hypothetical $10,000 investment)

---

| |
|:---|
| Class |
| Class S $64<sup>(a)</sup> 0.69%<sup>(b)</sup> |

---

(a) <sup>Based on operations from October 2, 2024 (commencement of operations) through the stated period end. Had the class been open for the entire reporting period, expenses shown in the table above would have been higher.</sup>

(b) <sup>Annualized.</sup>

#### Management's Discussion of Fund Performance
The performance of Class S shares for the period presented is shown in the Average Annual Total Returns table.

Top Performance Contributors

**Duration** \| Duration and curve positioning added materially to Fund performance during the annual period as Treasury yields from 3 months to 5 years in maturity dropped while maturities 7 years and longer saw yields rise. Although the Fund held less overall duration than the benchmark, it held more duration in the short-to-intermediate part of the curve and less duration in the longer portion of the curve, benefiting Fund performance relative to the benchmark.

**Sector Allocations** \| Positive contributions to the Fund's performance were driven by out-of-benchmark exposure to high-yield corporates, non-agency mortgage-backed securities, floating rate bank loans and emerging market debt securities.

**Security Selection** \| Security selection was also a positive contributor to performance, with contributions coming from asset-backed securities, investment-grade corporates, commercial mortgage-backed securities, and agency residential mortgages.

Top Performance Detractors

**Sector Allocations** I While overall sector allocation contributed to performance, negative Fund performance came from an underweight to investment-grade corporates.

**Security Selection** \| While overall security selection contributed to performance, detractors in security selection came from emerging market debt securities.

#### Fund Performance
The following shows the change in value of a hypothetical $10,000 investment in Class S shares of the Fund during the stated time period.

Growth of $10,000

![Fund Performance - Growth of 10K](chartimages_3832902.jpg)

---

| | | | |
|:---|:---|:---|:---|
| Average Annual Total Returns (%) | 1 year | 5 years | 10 years |
| Class S <sup>(a)</sup> | 5.41 | 2.70 | 3.70 |
| Bloomberg U.S. Aggregate Bond Index | 3.14 | (0.68) | 1.80 |
| ICE BofA US Cash Pay High Yield Constrained Index | 8.14 | 5.13 | 5.70 |
| FTSE Non-U.S. World Government Bond (All Maturities) Index – Unhedged | 2.79 | (4.39) | (0.22) |
| JPMorgan Emerging Markets Bond Index - Global | 7.96 | 1.55 | 3.80 |

---

<sup>(a)</sup><sup>The returns shown for periods prior to October 2, 2024 (including Since Fund Inception returns, if shown) include the returns of Class A. These returns are adjusted to reflect any higher class-related operating expenses of the newer share classes, as applicable. Please visitcolumbiathreadneedleus.com/investment-products/mutual-funds/appended-performancefor more information.</sup>

The Fund's past performance is not a good predictor of the Fund's future performance. Performance does not reflect the deduction of taxes that a shareholder may pay on fund distributions or on the redemptions of fund shares. Performance results reflect the effect of any fee waivers/expense reimbursements, if applicable. All results shown assume reinvestment of distributions. Visit columbiathreadneedleus.com/investment-products/mutual-funds for more recent performance information.

Key Fund Statistics

---

| | |
|:---|:---|
| **Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$5913125036 |
| **Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;1324 |
| **Management services fees<br>(represents 0.55% of Fund average net assets)** | &nbsp;&nbsp;&nbsp;&nbsp;$31610936 |
| **Portfolio turnover for the reporting period** | &nbsp;&nbsp;&nbsp;&nbsp;232% |
| **Portfolio turnover for the reporting period excluding to be announced (TBA) securities** | &nbsp;&nbsp;&nbsp;&nbsp;50% |

---

#### Graphical Representation of Fund Holdings
The tables below show the investment makeup of the Fund represented as a percentage of Fund net assets. Derivatives are excluded from the tables unless otherwise noted. The Fund's portfolio composition is subject to change.

Derivative Exposure

---

| | |
|:---|:---|
|  | **Long** |
| Credit Risk | 1.4% |
| Interest Rate Risk | 128.1% |
|  | **Short** |
| Credit Risk | 0.7% |
| Foreign Exchange Risk | 0.8% |
| Interest Rate Risk | 139.3% |

---

Asset Categories

![Graphical Representation - Allocation 1 Chart](chartimages_3832909.jpg)

#### Availability of Additional Information
For additional information about the Fund, including its prospectus, financial information, holdings, federal tax information and proxy voting information, visit the Fund's website included at the beginning of this report or scan the QR code below.

![TSR - QR Code](images_1986.jpg)

The Fund is distributed by Columbia Management Investment Distributors, Inc., member FINRA, and managed by Columbia Management Investment Advisers, LLC. Columbia Threadneedle Investments<sup>®</sup> (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies. All rights reserved.© 2025 Columbia Management Investment Advisers, LLC.

Not FDIC or NCUA Insured • No Financial Institution Guarantee • May Lose Value

Columbia Strategic Income Fund \| Class S \| ASR232_16_(10/25)

------

Item 2. Code of Ethics.

The registrant has adopted a code of ethics (the "Code") that applies to the registrant's principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party. During the period covered by this report, there were not any amendments to a provision of the Code that relates to any element of the code of ethics definition enumerated in paragraph (b) of Item 2 of Form N-CSR. During the period covered by this report, there were no waivers, including any implicit waivers, from a provision of the Code that relates to one or more of the items set forth in paragraph (b) of Item 2 of Form N-CSR. A copy of the Code is attached hereto.

------

Item 3. Audit Committee Financial Expert.

The registrant's Board of Trustees has determined that J. Kevin Connaughton, Brian J. Gallagher, Douglas A. Hacker, David M. Moffett and Sandra L. Yeager qualify as "audit committee financial experts," as such term is defined in Form N-CSR. Mr. Connaughton, Mr. Gallagher, Mr. Hacker, Mr. Moffett and Ms. Yeager, are also each "independent" members of the Audit Committee pursuant to paragraph (a)(2) of Item 3 of Form N-CSR.

------

Item 4. Principal Accountant Fees and Services.

The Registrant has engaged its principal accountant to perform audit services, audit-related services, tax services and other services during the past two fiscal years. The following table details the aggregate fees billed or expected to be billed for each of the last two fiscal years for the series of the relevant registrant whose reports to shareholders are included in this annual filing.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Amount billed to the registrant ($)** | &nbsp;&nbsp;**Amount billed to the registrant ($)** | &nbsp;&nbsp;**Amount billed to the registrant's <br> investment advisor ($)** | &nbsp;&nbsp;**Amount billed to the registrant's <br> investment advisor ($)** |
|  | &nbsp;&nbsp;**August 31, 2025** | &nbsp;&nbsp;**August 31, 2024** | &nbsp;&nbsp;**August 31, 2025** | &nbsp;&nbsp;**August 31, 2024** |
| &nbsp;&nbsp;Audit fees <sup>(a)</sup> | &nbsp;&nbsp;54065 | &nbsp;&nbsp;52505 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Audit-related fees <sup>(b)</sup> | &nbsp;&nbsp;0 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Tax fees <sup>(c)</sup> | &nbsp;&nbsp;28022 | &nbsp;&nbsp;14710 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;All other fees <sup>(d)</sup> | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Non-audit fees <sup>(g)</sup> | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;474000 | &nbsp;&nbsp;581000 |

---

(a) Audit Fees include amounts related to the audit of the registrant's annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for those fiscal years.

(b) Audit-Related Fees include amounts for assurance and related services by the principal accountant that are reasonably related to the performance of the audit of the registrant's financial statements and are not reported in Audit Fees above.

(c) Tax Fees include amounts for the review of annual tax returns, the review of required shareholder distribution calculations and typically include amounts for professional services by the principal accountant for tax compliance, tax advice, tax planning and foreign tax filings, if applicable.

(d) All Other Fees include amounts for products and services provided by the principal accountant, other than the services reported in paragraphs (a) through (c) above and typically include SOC-1 reviews.

(e)(1) Audit Committee Pre-Approval Policies and Procedures

The registrant's Audit Committee is required to pre-approve the engagement of the registrant's independent auditors to provide audit and non-audit services to the registrant and non-audit services to its investment adviser (excluding any sub-adviser whose role is primarily portfolio management and is sub-contracted or overseen by another investment adviser (the "Adviser") or any entity controlling, controlled by or under common control with the Adviser that provides ongoing services to the Fund (a "Control Affiliate") if the engagement relates directly to the operations and financial reporting of the registrant.

The Audit Committee has adopted a Policy for Engagement of Independent Auditors for Audit and Non-Audit Services (the "Policy"). The Policy sets forth the understanding of the Audit Committee regarding the engagement of the registrant's independent accountants to provide (i) audit and permissible audit-related, tax and other services to the registrant ("Fund Services"); (ii) non-audit services to the registrant's Adviser and any Control Affiliates, that relates directly to the operations and financial reporting of a Fund ("Fund-related Adviser Services"); and (iii) certain other audit and non-audit services to the registrant's Adviser and its Control Affiliates. A service will require specific pre-approval by the Audit Committee if it is to be provided by the Fund's independent auditor; provided, however, that pre-approval of non-audit services to the Fund, the Adviser or Control Affiliates may be waived if certain de minimis requirements set forth in the SEC's rules are met.

Under the Policy, the Audit Committee may delegate pre-approval authority to any pre-designated member or members who are independent board members. The member(s) to whom such authority is delegated must report, for informational purposes only, any pre-approval decisions to the Audit Committee at its next regular meeting. The Audit Committee's responsibilities with respect to the pre-approval of services performed by the independent auditor may not be delegated to management.

On an annual basis, at a regularly scheduled Audit Committee meeting, the Fund's Treasurer or other Fund officer shall submit to the Audit Committee a schedule of the types of Fund Services and Fund-related Adviser Services that are subject to specific pre-approval. This schedule will provide a description of each type of service that is subject to specific pre-approval, along with total projected fees for each service. The pre-approval will generally cover a one-year period. The Audit Committee will review and approve the types of services and the projected fees for the next one-year period and may add to, or subtract from, the list of pre-approved services from time to time, based on subsequent determinations. This specific approval acknowledges that the Audit Committee is in agreement with the specific types of services that the independent auditor will be permitted to perform and the projected fees for each service.

The Fund's Treasurer or other Fund officer shall report to the Audit Committee at each of its regular meetings regarding all Fund Services or Fund-related Adviser Services provided since the last such report was rendered, including a description of the services, by category, with forecasted fees for the annual reporting period, proposed changes requiring specific pre-approval and a description of services provided by the independent auditor, by category, with actual fees during the current reporting period.

(e)(2) None, or 0%, of the Audit-Related Fees, Tax Fees and All Other Fees paid by the Fund or affiliated entities relating directly to the operations and financial reporting of the Registrant disclosed above were approved by the audit committee pursuant to paragraphs (c)(7)(i)(C) of Rule 2-01 of Regulation S-X (which permits audit committee approval after the start of the engagement with respect to services other than audit, review or attest services, if certain conditions are satisfied).

(f) Not applicable.

(g) The aggregate non-audit fees billed by the registrant's accountant for services rendered to the registrant and rendered to the registrant's investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser that provides ongoing services to the registrant.

(h) The registrant's Audit Committee of the Board of Directors has considered whether the provision of non-audit services that were rendered to the registrant's adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X, is compatible with maintaining the principal accountant's independence.

(i) Not applicable.

(j) Not applicable.

------

Item 5. Audit Committee of Listed Registrants.

Not applicable.

------

Item 6. Investments.

(a) The registrant's "Schedule I – Investments in securities of unaffiliated issuers" (as set forth in 17 CFR 210.12-12) is included in Item 7 of this Form N-CSR.

(b) Not applicable.

------

Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.

------

![](imgeb6a9a1d1.jpg)

Columbia Strategic Income Fund

**Annual Financial Statements and Additional Information**

August 31, 2025

---

| | | |
|:---|:---|:---|
| **Not FDIC or NCUA Insured** | **No Financial Institution Guarantee** | **May Lose Value** |

---

------

**Table of Contents**

---

| | |
|:---|:---|
| [Portfolio of Investments](#xx_2141d7c4-939c-4652-b2e4-fb808a309ada_POI-CommonContent-Date-138_1) | 3 |
| [Statement of Assets and Liabilities](#xx_2141d7c4-939c-4652-b2e4-fb808a309ada_FS-CommonContent-Date-138_1) | 50 |
| [Statement of Operations](#xx_2141d7c4-939c-4652-b2e4-fb808a309ada_FS-CommonContent-Date-138_3) | 52 |
| [Statement of Changes in Net Assets](#xx_2141d7c4-939c-4652-b2e4-fb808a309ada_FS-CommonContent-Date-138_5) | 54 |
| [Financial Highlights](#xx_2141d7c4-939c-4652-b2e4-fb808a309ada_FIHI-CommonContent-Date-138_1) | 56 |
| [Notes to Financial Statements](#xx_2141d7c4-939c-4652-b2e4-fb808a309ada_NTF-CommonContent-Date-138_1) | 60 |
| [Report of Independent Registered Public Accounting Firm](#xx_2141d7c4-939c-4652-b2e4-fb808a309ada_AUD-CommonContent-Date-138_1) | 80 |
| [Approval of Management Agreement](#xx_2141d7c4-939c-4652-b2e4-fb808a309ada_CCH-CommonContent-Date-138_1) | 81 |

---

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments

August 31, 2025

(Percentages represent value of investments compared to net assets)

**Investments in securities**

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency 9.2%** | **Asset-Backed Securities - Non-Agency 9.2%** | **Asset-Backed Securities - Non-Agency 9.2%** | **Asset-Backed Securities - Non-Agency 9.2%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| ACHV ABS Trust<sup>(a)</sup>  | ACHV ABS Trust<sup>(a)</sup>  | ACHV ABS Trust<sup>(a)</sup>  | ACHV ABS Trust<sup>(a)</sup>  |
| Series 2024-3AL Class A | Series 2024-3AL Class A | Series 2024-3AL Class A | Series 2024-3AL Class A |
| 12/26/2031 | &nbsp;&nbsp; 5.010% | 6405575 | &nbsp;&nbsp; 6422909 |
| Subordinated Series 2024-3AL Class B | Subordinated Series 2024-3AL Class B | Subordinated Series 2024-3AL Class B | Subordinated Series 2024-3AL Class B |
| 12/26/2031 | &nbsp;&nbsp; 5.450% | 3424200 | &nbsp;&nbsp; 3449385 |
| Affirm Asset Securitization Trust<sup>(a)</sup>  | Affirm Asset Securitization Trust<sup>(a)</sup>  | Affirm Asset Securitization Trust<sup>(a)</sup>  | Affirm Asset Securitization Trust<sup>(a)</sup>  |
| Series 2023-B Class 1A | Series 2023-B Class 1A | Series 2023-B Class 1A | Series 2023-B Class 1A |
| 09/15/2028 | &nbsp;&nbsp; 6.820% | 25450000 | &nbsp;&nbsp; 25461269 |
| Series 2023-B Class A | Series 2023-B Class A | Series 2023-B Class A | Series 2023-B Class A |
| 09/15/2028 | &nbsp;&nbsp; 6.820% | 15000000 | &nbsp;&nbsp; 15006642 |
| Series 2024-A Class A | Series 2024-A Class A | Series 2024-A Class A | Series 2024-A Class A |
| 02/15/2029 | &nbsp;&nbsp; 5.610% | 15000000 | &nbsp;&nbsp; 15085034 |
| Series 2024-X2 Class B | Series 2024-X2 Class B | Series 2024-X2 Class B | Series 2024-X2 Class B |
| 12/17/2029 | &nbsp;&nbsp; 5.330% | 7750000 | &nbsp;&nbsp; 7771364 |
| Series 2024-X2 Class C | Series 2024-X2 Class C | Series 2024-X2 Class C | Series 2024-X2 Class C |
| 12/17/2029 | &nbsp;&nbsp; 5.620% | 6300000 | &nbsp;&nbsp; 6328661 |
| Apidos CLO XII<sup>(a),(b)</sup>  | Apidos CLO XII<sup>(a),(b)</sup>  | Apidos CLO XII<sup>(a),(b)</sup>  | Apidos CLO XII<sup>(a),(b)</sup>  |
| Series 2013-12A Class ARR | Series 2013-12A Class ARR | Series 2013-12A Class ARR | Series 2013-12A Class ARR |
| 3-month Term SOFR + 1.080% <br>Floor 1.080% <br>04/15/2031<br>| &nbsp;&nbsp; 5.398% | 14601366 | &nbsp;&nbsp; 14608506 |
| Apidos CLO XXIV<sup>(a),(b)</sup>  | Apidos CLO XXIV<sup>(a),(b)</sup>  | Apidos CLO XXIV<sup>(a),(b)</sup>  | Apidos CLO XXIV<sup>(a),(b)</sup>  |
| Series 2016-24A Class A1AL | Series 2016-24A Class A1AL | Series 2016-24A Class A1AL | Series 2016-24A Class A1AL |
| 3-month Term SOFR + 1.212% <br>Floor 0.950% <br>10/20/2030<br>| &nbsp;&nbsp; 5.537% | 7098825 | &nbsp;&nbsp; 7095893 |
| ASP WHCO Participation LP<sup>(a),(b),(c),(d)</sup>  | ASP WHCO Participation LP<sup>(a),(b),(c),(d)</sup>  | ASP WHCO Participation LP<sup>(a),(b),(c),(d)</sup>  | ASP WHCO Participation LP<sup>(a),(b),(c),(d)</sup>  |
| 30-day Average SOFR + 2.400% <br>Floor 3.000% <br>03/29/2029<br>| &nbsp;&nbsp; 6.713% | 33850000 | &nbsp;&nbsp; 33850000 |
| Bain Capital Credit CLO<sup>(a),(b)</sup>  | Bain Capital Credit CLO<sup>(a),(b)</sup>  | Bain Capital Credit CLO<sup>(a),(b)</sup>  | Bain Capital Credit CLO<sup>(a),(b)</sup>  |
| Series 2018-2A Class A1R | Series 2018-2A Class A1R | Series 2018-2A Class A1R | Series 2018-2A Class A1R |
| 3-month Term SOFR + 1.080% <br>Floor 1.080% <br>07/19/2031<br>| &nbsp;&nbsp; 5.406% | 5331394 | &nbsp;&nbsp; 5331410 |
| Bain Capital Credit CLO Ltd.<sup>(a),(b)</sup>  | Bain Capital Credit CLO Ltd.<sup>(a),(b)</sup>  | Bain Capital Credit CLO Ltd.<sup>(a),(b)</sup>  | Bain Capital Credit CLO Ltd.<sup>(a),(b)</sup>  |
| Series 2021-5A Class E | Series 2021-5A Class E | Series 2021-5A Class E | Series 2021-5A Class E |
| 3-month Term SOFR + 6.762% <br>Floor 6.500% <br>10/23/2034<br>| &nbsp;&nbsp; 11.081% | 8600000 | &nbsp;&nbsp; 8256679 |
| Series 2021-6A Class E | Series 2021-6A Class E | Series 2021-6A Class E | Series 2021-6A Class E |
| 3-month Term SOFR + 6.762% <br>Floor 6.500% <br>10/21/2034<br>| &nbsp;&nbsp; 11.087% | 11450000 | &nbsp;&nbsp; 11081104 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Barings CLO Ltd.<sup>(a),(b)</sup>  | Barings CLO Ltd.<sup>(a),(b)</sup>  | Barings CLO Ltd.<sup>(a),(b)</sup>  | Barings CLO Ltd.<sup>(a),(b)</sup>  |
| Series 2021-2A Class E | Series 2021-2A Class E | Series 2021-2A Class E | Series 2021-2A Class E |
| 3-month Term SOFR + 6.512% <br>Floor 6.250% <br>07/15/2034<br>| &nbsp;&nbsp; 10.829% | 8350000 | &nbsp;&nbsp; 8355695 |
| Carlyle Global Market Strategies CLO Ltd.<sup>(a),(b)</sup>  | Carlyle Global Market Strategies CLO Ltd.<sup>(a),(b)</sup>  | Carlyle Global Market Strategies CLO Ltd.<sup>(a),(b)</sup>  | Carlyle Global Market Strategies CLO Ltd.<sup>(a),(b)</sup>  |
| Series 2015-5RRR Class A1R3 | Series 2015-5RRR Class A1R3 | Series 2015-5RRR Class A1R3 | Series 2015-5RRR Class A1R3 |
| 3-month Term SOFR + 1.100% <br>Floor 1.100% <br>01/20/2032<br>| &nbsp;&nbsp; 5.426% | 18059261 | &nbsp;&nbsp; 18091605 |
| CarMax Auto Owner Trust | CarMax Auto Owner Trust | CarMax Auto Owner Trust | CarMax Auto Owner Trust |
| Series 2024-1 Class A2A | Series 2024-1 Class A2A | Series 2024-1 Class A2A | Series 2024-1 Class A2A |
| 03/15/2027 | &nbsp;&nbsp; 5.300% | 2934196 | &nbsp;&nbsp; 2936803 |
| Carvana Auto Receivables Trust | Carvana Auto Receivables Trust | Carvana Auto Receivables Trust | Carvana Auto Receivables Trust |
| Series 2024-P3 Class A2 | Series 2024-P3 Class A2 | Series 2024-P3 Class A2 | Series 2024-P3 Class A2 |
| 11/10/2027 | &nbsp;&nbsp; 4.610% | 3376665 | &nbsp;&nbsp; 3376980 |
| Citizens Auto Receivables Trust<sup>(a)</sup>  | Citizens Auto Receivables Trust<sup>(a)</sup>  | Citizens Auto Receivables Trust<sup>(a)</sup>  | Citizens Auto Receivables Trust<sup>(a)</sup>  |
| Series 2024-1 Class A2A | Series 2024-1 Class A2A | Series 2024-1 Class A2A | Series 2024-1 Class A2A |
| 10/15/2026 | &nbsp;&nbsp; 5.430% | 585055 | &nbsp;&nbsp; 585335 |
| Dryden Senior Loan Fund<sup>(a),(b)</sup>  | Dryden Senior Loan Fund<sup>(a),(b)</sup>  | Dryden Senior Loan Fund<sup>(a),(b)</sup>  | Dryden Senior Loan Fund<sup>(a),(b)</sup>  |
| Series 2015-41A Class AR | Series 2015-41A Class AR | Series 2015-41A Class AR | Series 2015-41A Class AR |
| 3-month Term SOFR + 1.232% <br>Floor 0.970% <br>04/15/2031<br>| &nbsp;&nbsp; 5.549% | 4278992 | &nbsp;&nbsp; 4284739 |
| EDGEX Issuer Trust<sup>(a),(e)</sup>  | EDGEX Issuer Trust<sup>(a),(e)</sup>  | EDGEX Issuer Trust<sup>(a),(e)</sup>  | EDGEX Issuer Trust<sup>(a),(e)</sup>  |
| Series 2025-1NN Class CERT | Series 2025-1NN Class CERT | Series 2025-1NN Class CERT | Series 2025-1NN Class CERT |
| 01/15/2031 | &nbsp;&nbsp; 0.000% | 5500000 | &nbsp;&nbsp; 5379184 |
| FHF Issuer Trust<sup>(a)</sup>  | FHF Issuer Trust<sup>(a)</sup>  | FHF Issuer Trust<sup>(a)</sup>  | FHF Issuer Trust<sup>(a)</sup>  |
| Series 2024-3A Class A2 | Series 2024-3A Class A2 | Series 2024-3A Class A2 | Series 2024-3A Class A2 |
| 11/15/2030 | &nbsp;&nbsp; 4.940% | 19345704 | &nbsp;&nbsp; 19444150 |
| GLS Auto Select Receivables Trust<sup>(a)</sup>  | GLS Auto Select Receivables Trust<sup>(a)</sup>  | GLS Auto Select Receivables Trust<sup>(a)</sup>  | GLS Auto Select Receivables Trust<sup>(a)</sup>  |
| Series 2024-4A Class A2 | Series 2024-4A Class A2 | Series 2024-4A Class A2 | Series 2024-4A Class A2 |
| 12/17/2029 | &nbsp;&nbsp; 4.430% | 10809249 | &nbsp;&nbsp; 10822002 |
| GreenSky Home Improvement Issuer Trust<sup>(a)</sup>  | GreenSky Home Improvement Issuer Trust<sup>(a)</sup>  | GreenSky Home Improvement Issuer Trust<sup>(a)</sup>  | GreenSky Home Improvement Issuer Trust<sup>(a)</sup>  |
| Series 2024-2 Class A4 | Series 2024-2 Class A4 | Series 2024-2 Class A4 | Series 2024-2 Class A4 |
| 10/27/2059 | &nbsp;&nbsp; 5.150% | 11345875 | &nbsp;&nbsp; 11503066 |
| Lendbuzz Securitization Trust<sup>(a)</sup>  | Lendbuzz Securitization Trust<sup>(a)</sup>  | Lendbuzz Securitization Trust<sup>(a)</sup>  | Lendbuzz Securitization Trust<sup>(a)</sup>  |
| Series 2024-3A Class A2 | Series 2024-3A Class A2 | Series 2024-3A Class A2 | Series 2024-3A Class A2 |
| 10/15/2030 | &nbsp;&nbsp; 4.970% | 11697707 | &nbsp;&nbsp; 11723215 |
| Series 2025-2A Class A2 | Series 2025-2A Class A2 | Series 2025-2A Class A2 | Series 2025-2A Class A2 |
| 05/15/2030 | &nbsp;&nbsp; 5.180% | 11750000 | &nbsp;&nbsp; 11787736 |
| Madison Park Funding LXII Ltd.<sup>(a),(b)</sup>  | Madison Park Funding LXII Ltd.<sup>(a),(b)</sup>  | Madison Park Funding LXII Ltd.<sup>(a),(b)</sup>  | Madison Park Funding LXII Ltd.<sup>(a),(b)</sup>  |
| Series 2022-62A Class A1R2 | Series 2022-62A Class A1R2 | Series 2022-62A Class A1R2 | Series 2022-62A Class A1R2 |
| 3-month Term SOFR + 1.300% <br>Floor 1.300% <br>07/16/2038<br>| &nbsp;&nbsp; 5.622% | 17900000 | &nbsp;&nbsp; 17954380 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Madison Park Funding XXIV Ltd.<sup>(a),(b)</sup>  | Madison Park Funding XXIV Ltd.<sup>(a),(b)</sup>  | Madison Park Funding XXIV Ltd.<sup>(a),(b)</sup>  | Madison Park Funding XXIV Ltd.<sup>(a),(b)</sup>  |
| Series 2016-24A Class BR2 | Series 2016-24A Class BR2 | Series 2016-24A Class BR2 | Series 2016-24A Class BR2 |
| 3-month Term SOFR + 1.550% <br>Floor 1.550% <br>10/20/2029<br>| &nbsp;&nbsp; 5.876% | 12200000 | &nbsp;&nbsp; 12209162 |
| MPOWER Education Trust<sup>(a)</sup>  | MPOWER Education Trust<sup>(a)</sup>  | MPOWER Education Trust<sup>(a)</sup>  | MPOWER Education Trust<sup>(a)</sup>  |
| Series 2025-A Class A | Series 2025-A Class A | Series 2025-A Class A | Series 2025-A Class A |
| 07/21/2042 | &nbsp;&nbsp; 6.620% | 6733012 | &nbsp;&nbsp; 6919256 |
| Netcredit Combined Receivables LLC<sup>(a)</sup>  | Netcredit Combined Receivables LLC<sup>(a)</sup>  | Netcredit Combined Receivables LLC<sup>(a)</sup>  | Netcredit Combined Receivables LLC<sup>(a)</sup>  |
| Series 2023-A Class A | Series 2023-A Class A | Series 2023-A Class A | Series 2023-A Class A |
| 12/20/2027 | &nbsp;&nbsp; 7.780% | 1881297 | &nbsp;&nbsp; 1886044 |
| NetCredit Combined Receivables LLC<sup>(a)</sup>  | NetCredit Combined Receivables LLC<sup>(a)</sup>  | NetCredit Combined Receivables LLC<sup>(a)</sup>  | NetCredit Combined Receivables LLC<sup>(a)</sup>  |
| Series 2024-A Class A | Series 2024-A Class A | Series 2024-A Class A | Series 2024-A Class A |
| 10/21/2030 | &nbsp;&nbsp; 7.430% | 2583999 | &nbsp;&nbsp; 2592135 |
| Octagon 55 Ltd.<sup>(a),(b)</sup>  | Octagon 55 Ltd.<sup>(a),(b)</sup>  | Octagon 55 Ltd.<sup>(a),(b)</sup>  | Octagon 55 Ltd.<sup>(a),(b)</sup>  |
| Series 2021-1A Class E | Series 2021-1A Class E | Series 2021-1A Class E | Series 2021-1A Class E |
| 3-month Term SOFR + 6.762% <br>Floor 6.500% <br>07/20/2034<br>| &nbsp;&nbsp; 11.087% | 9700000 | &nbsp;&nbsp; 9714075 |
| Octagon Investment Partners Ltd.<sup>(a),(b)</sup>  | Octagon Investment Partners Ltd.<sup>(a),(b)</sup>  | Octagon Investment Partners Ltd.<sup>(a),(b)</sup>  | Octagon Investment Partners Ltd.<sup>(a),(b)</sup>  |
| Series 2018-18A Class A1A | Series 2018-18A Class A1A | Series 2018-18A Class A1A | Series 2018-18A Class A1A |
| 3-month Term SOFR + 1.222% <br>Floor 0.960% <br>04/16/2031<br>| &nbsp;&nbsp; 5.539% | 4205385 | &nbsp;&nbsp; 4206268 |
| Pagaya AI Debt Grantor Trust<sup>(a)</sup>  | Pagaya AI Debt Grantor Trust<sup>(a)</sup>  | Pagaya AI Debt Grantor Trust<sup>(a)</sup>  | Pagaya AI Debt Grantor Trust<sup>(a)</sup>  |
| Series 2024-11 Class B | Series 2024-11 Class B | Series 2024-11 Class B | Series 2024-11 Class B |
| 07/15/2032 | &nbsp;&nbsp; 5.637% | 10328178 | &nbsp;&nbsp; 10382928 |
| Series 2025-1 Class B | Series 2025-1 Class B | Series 2025-1 Class B | Series 2025-1 Class B |
| 07/15/2032 | &nbsp;&nbsp; 5.628% | 8399283 | &nbsp;&nbsp; 8442581 |
| Subordinated Series 2024-10 Class B | Subordinated Series 2024-10 Class B | Subordinated Series 2024-10 Class B | Subordinated Series 2024-10 Class B |
| 06/15/2032 | &nbsp;&nbsp; 5.750% | 11489252 | &nbsp;&nbsp; 11586682 |
| Subordinated Series 2024-10 Class D | Subordinated Series 2024-10 Class D | Subordinated Series 2024-10 Class D | Subordinated Series 2024-10 Class D |
| 06/15/2032 | &nbsp;&nbsp; 6.429% | 14558386 | &nbsp;&nbsp; 14634810 |
| Subordinated Series 2024-5 Class B | Subordinated Series 2024-5 Class B | Subordinated Series 2024-5 Class B | Subordinated Series 2024-5 Class B |
| 10/15/2031 | &nbsp;&nbsp; 6.601% | 10054609 | &nbsp;&nbsp; 10169192 |
| Subordinated Series 2024-6 Class B | Subordinated Series 2024-6 Class B | Subordinated Series 2024-6 Class B | Subordinated Series 2024-6 Class B |
| 11/15/2031 | &nbsp;&nbsp; 6.589% | 9127825 | &nbsp;&nbsp; 9249225 |
| Subordinated Series 2024-6 Class C | Subordinated Series 2024-6 Class C | Subordinated Series 2024-6 Class C | Subordinated Series 2024-6 Class C |
| 11/15/2031 | &nbsp;&nbsp; 7.068% | 6988050 | &nbsp;&nbsp; 7052401 |
| Subordinated Series 2024-8 Class C | Subordinated Series 2024-8 Class C | Subordinated Series 2024-8 Class C | Subordinated Series 2024-8 Class C |
| 01/15/2032 | &nbsp;&nbsp; 6.030% | 9103203 | &nbsp;&nbsp; 9137820 |
| Subordinated Series 2024-9 Class B | Subordinated Series 2024-9 Class B | Subordinated Series 2024-9 Class B | Subordinated Series 2024-9 Class B |
| 03/15/2032 | &nbsp;&nbsp; 5.306% | 11386662 | &nbsp;&nbsp; 11408273 |
| Subordinated Series 2024-9 Class C | Subordinated Series 2024-9 Class C | Subordinated Series 2024-9 Class C | Subordinated Series 2024-9 Class C |
| 03/15/2032 | &nbsp;&nbsp; 5.774% | 8765608 | &nbsp;&nbsp; 8786147 |
| Subordinated Series 2024-9 Class D | Subordinated Series 2024-9 Class D | Subordinated Series 2024-9 Class D | Subordinated Series 2024-9 Class D |
| 03/15/2032 | &nbsp;&nbsp; 6.174% | 12268261 | &nbsp;&nbsp; 12268487 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Pagaya AI Debt Selection Trust<sup>(a)</sup>  | Pagaya AI Debt Selection Trust<sup>(a)</sup>  | Pagaya AI Debt Selection Trust<sup>(a)</sup>  | Pagaya AI Debt Selection Trust<sup>(a)</sup>  |
| Subordinated Series 2024-7 Class B | Subordinated Series 2024-7 Class B | Subordinated Series 2024-7 Class B | Subordinated Series 2024-7 Class B |
| 12/15/2031 | &nbsp;&nbsp; 6.574% | 8042452 | &nbsp;&nbsp; 8138509 |
| Subordinated Series 2024-7 Class C | Subordinated Series 2024-7 Class C | Subordinated Series 2024-7 Class C | Subordinated Series 2024-7 Class C |
| 12/15/2031 | &nbsp;&nbsp; 7.095% | 8730852 | &nbsp;&nbsp; 8834524 |
| Pagaya AI Debt Trust<sup>(a)</sup>  | Pagaya AI Debt Trust<sup>(a)</sup>  | Pagaya AI Debt Trust<sup>(a)</sup>  | Pagaya AI Debt Trust<sup>(a)</sup>  |
| Series 2023-6 Class D | Series 2023-6 Class D | Series 2023-6 Class D | Series 2023-6 Class D |
| 06/16/2031 | &nbsp;&nbsp; 9.000% | 5725447 | &nbsp;&nbsp; 5787519 |
| Series 2023-8 Class A | Series 2023-8 Class A | Series 2023-8 Class A | Series 2023-8 Class A |
| 06/16/2031 | &nbsp;&nbsp; 7.299% | 4292922 | &nbsp;&nbsp; 4355160 |
| Subordinated Series 2023-5 Class C | Subordinated Series 2023-5 Class C | Subordinated Series 2023-5 Class C | Subordinated Series 2023-5 Class C |
| 04/15/2031 | &nbsp;&nbsp; 9.099% | 5981967 | &nbsp;&nbsp; 5998364 |
| Subordinated Series 2023-6 Class C | Subordinated Series 2023-6 Class C | Subordinated Series 2023-6 Class C | Subordinated Series 2023-6 Class C |
| 06/16/2031 | &nbsp;&nbsp; 8.491% | 10798853 | &nbsp;&nbsp; 10837478 |
| Subordinated Series 2024-3 Class B | Subordinated Series 2024-3 Class B | Subordinated Series 2024-3 Class B | Subordinated Series 2024-3 Class B |
| 10/15/2031 | &nbsp;&nbsp; 6.571% | 10564549 | &nbsp;&nbsp; 10679463 |
| Subordinated Series 2024-3 Class C | Subordinated Series 2024-3 Class C | Subordinated Series 2024-3 Class C | Subordinated Series 2024-3 Class C |
| 10/15/2031 | &nbsp;&nbsp; 7.297% | 8005442 | &nbsp;&nbsp; 8073563 |
| Research-Driven Pagaya Motor Asset Trust<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust<sup>(a)</sup>  |
| Series 2023-4A Class A | Series 2023-4A Class A | Series 2023-4A Class A | Series 2023-4A Class A |
| 03/25/2032 | &nbsp;&nbsp; 7.540% | 9556966 | &nbsp;&nbsp; 9627645 |
| Series 2024-3A Class A | Series 2024-3A Class A | Series 2024-3A Class A | Series 2024-3A Class A |
| 03/25/2033 | &nbsp;&nbsp; 5.281% | 13075249 | &nbsp;&nbsp; 13147050 |
| Research-Driven Pagaya Motor Trust<sup>(a)</sup>  | Research-Driven Pagaya Motor Trust<sup>(a)</sup>  | Research-Driven Pagaya Motor Trust<sup>(a)</sup>  | Research-Driven Pagaya Motor Trust<sup>(a)</sup>  |
| Series 2024-1A Class A | Series 2024-1A Class A | Series 2024-1A Class A | Series 2024-1A Class A |
| 06/25/2032 | &nbsp;&nbsp; 7.090% | 7420872 | &nbsp;&nbsp; 7503119 |
| SAFCO Auto Receivables Trust<sup>(a)</sup>  | SAFCO Auto Receivables Trust<sup>(a)</sup>  | SAFCO Auto Receivables Trust<sup>(a)</sup>  | SAFCO Auto Receivables Trust<sup>(a)</sup>  |
| Series 2024-1A Class A | Series 2024-1A Class A | Series 2024-1A Class A | Series 2024-1A Class A |
| 03/20/2028 | &nbsp;&nbsp; 6.510% | 1032114 | &nbsp;&nbsp; 1033443 |
| Santander Drive Auto Receivables Trust | Santander Drive Auto Receivables Trust | Santander Drive Auto Receivables Trust | Santander Drive Auto Receivables Trust |
| Series 2024-5 Class A2 | Series 2024-5 Class A2 | Series 2024-5 Class A2 | Series 2024-5 Class A2 |
| 09/15/2027 | &nbsp;&nbsp; 4.880% | 3285920 | &nbsp;&nbsp; 3287303 |
| Theorem Funding Trust<sup>(a)</sup>  | Theorem Funding Trust<sup>(a)</sup>  | Theorem Funding Trust<sup>(a)</sup>  | Theorem Funding Trust<sup>(a)</sup>  |
| Series 2022-3A Class A | Series 2022-3A Class A | Series 2022-3A Class A | Series 2022-3A Class A |
| 04/15/2029 | &nbsp;&nbsp; 7.600% | 184672 | &nbsp;&nbsp; 184797 |
| Westlake Automobile Receivables Trust<sup>(a)</sup>  | Westlake Automobile Receivables Trust<sup>(a)</sup>  | Westlake Automobile Receivables Trust<sup>(a)</sup>  | Westlake Automobile Receivables Trust<sup>(a)</sup>  |
| Series 2024-3A Class A2A | Series 2024-3A Class A2A | Series 2024-3A Class A2A | Series 2024-3A Class A2A |
| 09/15/2027 | &nbsp;&nbsp; 4.820% | 7428818 | &nbsp;&nbsp; 7437286 |
| Total Asset-Backed Securities — Non-Agency <br>(Cost $540,026,484) | Total Asset-Backed Securities — Non-Agency <br>(Cost $540,026,484) | Total Asset-Backed Securities — Non-Agency <br>(Cost $540,026,484) | &nbsp;&nbsp; **541564455** |
| **Commercial Mortgage-Backed Securities - Non-Agency 0.4%** | **Commercial Mortgage-Backed Securities - Non-Agency 0.4%** | **Commercial Mortgage-Backed Securities - Non-Agency 0.4%** | **Commercial Mortgage-Backed Securities - Non-Agency 0.4%** |
| Credit Suisse Mortgage Capital Certificates OA LLC<sup>(a)</sup>  | Credit Suisse Mortgage Capital Certificates OA LLC<sup>(a)</sup>  | Credit Suisse Mortgage Capital Certificates OA LLC<sup>(a)</sup>  | Credit Suisse Mortgage Capital Certificates OA LLC<sup>(a)</sup>  |
| Subordinated Series 2014-USA Class E | Subordinated Series 2014-USA Class E | Subordinated Series 2014-USA Class E | Subordinated Series 2014-USA Class E |
| 09/15/2037 | &nbsp;&nbsp; 4.373% | 7525000 | &nbsp;&nbsp; 4891325 |
| Subordinated Series 2014-USA Class F | Subordinated Series 2014-USA Class F | Subordinated Series 2014-USA Class F | Subordinated Series 2014-USA Class F |
| 09/15/2037 | &nbsp;&nbsp; 4.373% | 19910000 | &nbsp;&nbsp; 8661049 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Commercial Mortgage-Backed Securities - Non-Agency (continued)** | **Commercial Mortgage-Backed Securities - Non-Agency (continued)** | **Commercial Mortgage-Backed Securities - Non-Agency (continued)** | **Commercial Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Hilton USA Trust<sup>(a)</sup>  | Hilton USA Trust<sup>(a)</sup>  | Hilton USA Trust<sup>(a)</sup>  | Hilton USA Trust<sup>(a)</sup>  |
| Subordinated Series 2016-SFP Class E | Subordinated Series 2016-SFP Class E | Subordinated Series 2016-SFP Class E | Subordinated Series 2016-SFP Class E |
| 11/05/2035 | &nbsp;&nbsp; 5.519% | 11500000 | &nbsp;&nbsp; 287867 |
| SFO Commercial Mortgage Trust<sup>(a),(b)</sup>  | SFO Commercial Mortgage Trust<sup>(a),(b)</sup>  | SFO Commercial Mortgage Trust<sup>(a),(b)</sup>  | SFO Commercial Mortgage Trust<sup>(a),(b)</sup>  |
| Series 2021-555 Class A | Series 2021-555 Class A | Series 2021-555 Class A | Series 2021-555 Class A |
| 1-month Term SOFR + 1.264% <br>Floor 1.150% <br>05/15/2038<br>| &nbsp;&nbsp; 5.628% | 4850000 | &nbsp;&nbsp; 4815128 |
| Wells Fargo Commercial Mortgage Trust<sup>(a),(b)</sup>  | Wells Fargo Commercial Mortgage Trust<sup>(a),(b)</sup>  | Wells Fargo Commercial Mortgage Trust<sup>(a),(b)</sup>  | Wells Fargo Commercial Mortgage Trust<sup>(a),(b)</sup>  |
| Subordinated Series 2017-SMP Class D | Subordinated Series 2017-SMP Class D | Subordinated Series 2017-SMP Class D | Subordinated Series 2017-SMP Class D |
| 1-month Term SOFR + 1.822% <br>Floor 1.650% <br>12/15/2034<br>| &nbsp;&nbsp; 6.186% | 9790000 | &nbsp;&nbsp; 3969232 |
| Total Commercial Mortgage-Backed Securities - Non-Agency <br>(Cost $50,899,881) | Total Commercial Mortgage-Backed Securities - Non-Agency <br>(Cost $50,899,881) | Total Commercial Mortgage-Backed Securities - Non-Agency <br>(Cost $50,899,881) | &nbsp;&nbsp; **22624601** |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks 0.0%** | **Common Stocks 0.0%** | **Common Stocks 0.0%** |
| **Issuer** | **Shares** | **Value ($)** |
| **Communication Services 0.0%** | **Communication Services 0.0%** | **Communication Services 0.0%** |
| **Diversified Telecommunication Services 0.0%** | **Diversified Telecommunication Services 0.0%** | **Diversified Telecommunication Services 0.0%** |
| Windstream Services LLC<sup>(f)</sup> <br>| &nbsp;&nbsp; 11272 | &nbsp;&nbsp; 225440 |
| **Media 0.0%** | **Media 0.0%** | **Media 0.0%** |
| iHeartMedia, Inc., Class A<sup>(f)</sup> <br>| &nbsp;&nbsp; 11995 | &nbsp;&nbsp; 25549 |
| **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **250989** |
| **Consumer Discretionary 0.0%** | **Consumer Discretionary 0.0%** | **Consumer Discretionary 0.0%** |
| **Diversified Consumer Services 0.0%** | **Diversified Consumer Services 0.0%** | **Diversified Consumer Services 0.0%** |
| WW International, Inc.<sup>(f)</sup> <br>| &nbsp;&nbsp; 6584 | &nbsp;&nbsp; 209964 |
| **Household Durables 0.0%** | **Household Durables 0.0%** | **Household Durables 0.0%** |
| Serta Simmons Bedding LLC<sup>(f)</sup> <br>| &nbsp;&nbsp; 335 | &nbsp;&nbsp; 3283 |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **213247** |
| **Energy 0.0%** | **Energy 0.0%** | **Energy 0.0%** |
| **Oil, Gas & Consumable Fuels 0.0%** | **Oil, Gas & Consumable Fuels 0.0%** | **Oil, Gas & Consumable Fuels 0.0%** |
| New Frontera Holdings<sup>(d),(f)</sup> <br>| &nbsp;&nbsp; 14302 | &nbsp;&nbsp; 121567 |
| Southcross Energy Partners LLC<sup>(c),(d),(f)</sup> <br>| &nbsp;&nbsp; 14393 | &nbsp;&nbsp; 0 |
| Southcross Energy Partners LLC, Class A<sup>(c),(d),(f)</sup> <br>| &nbsp;&nbsp; 272263 | &nbsp;&nbsp; 0 |
| Total |  | &nbsp;&nbsp; 121567 |
| **Total Energy** | **Total Energy** | &nbsp;&nbsp; **121567** |
| **Health Care 0.0%** | **Health Care 0.0%** | **Health Care 0.0%** |
| **Health Care Providers & Services 0.0%** | **Health Care Providers & Services 0.0%** | **Health Care Providers & Services 0.0%** |
| Envision Healthcare<sup>(f)</sup> <br>| &nbsp;&nbsp; 13525 | &nbsp;&nbsp; 231954 |
| **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **231954** |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Industrials 0.0%** | **Industrials 0.0%** | **Industrials 0.0%** |
| **Construction & Engineering 0.0%** | **Construction & Engineering 0.0%** | **Construction & Engineering 0.0%** |
| McDermott International Ltd.<sup>(d),(f)</sup> <br>| &nbsp;&nbsp; 383 | &nbsp;&nbsp; 3015 |
| **Machinery 0.0%** | **Machinery 0.0%** | **Machinery 0.0%** |
| TNT Crane and Rigging, Inc.<sup>(f)</sup> <br>| &nbsp;&nbsp; 23468 | &nbsp;&nbsp; 21121 |
| **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **24136** |
| **Information Technology 0.0%** | **Information Technology 0.0%** | **Information Technology 0.0%** |
| **Communications Equipment 0.0%** | **Communications Equipment 0.0%** | **Communications Equipment 0.0%** |
| Riverbed Technology, Inc.<sup>(d),(f)</sup> <br>| &nbsp;&nbsp; 13308 | &nbsp;&nbsp; 672 |
| **Software 0.0%** | **Software 0.0%** | **Software 0.0%** |
| Avaya Holdings Corp.<sup>(f)</sup> <br>| &nbsp;&nbsp; 5014 | &nbsp;&nbsp; 40112 |
| Avaya Holdings Corp.<sup>(f)</sup> <br>| &nbsp;&nbsp; 24157 | &nbsp;&nbsp; 193256 |
| Total |  | &nbsp;&nbsp; 233368 |
| **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **234040** |
| **Materials 0.0%** | **Materials 0.0%** | **Materials 0.0%** |
| **Containers & Packaging 0.0%** | **Containers & Packaging 0.0%** | **Containers & Packaging 0.0%** |
| Flint Group Packaging<sup>(c),(d),(f)</sup> <br>| &nbsp;&nbsp; 722943 | &nbsp;&nbsp; 1 |
| **Total Materials** | **Total Materials** | &nbsp;&nbsp; **1** |
| Total Common Stocks <br>(Cost $1,752,682) | Total Common Stocks <br>(Cost $1,752,682) | &nbsp;&nbsp; **1075934** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Convertible Bonds 0.1%** | **Convertible Bonds 0.1%** | **Convertible Bonds 0.1%** | **Convertible Bonds 0.1%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Electric 0.1%** | **Electric 0.1%** | **Electric 0.1%** | **Electric 0.1%** |
| NextEra Energy Partners LP<sup>(a)</sup>  | NextEra Energy Partners LP<sup>(a)</sup>  | NextEra Energy Partners LP<sup>(a)</sup>  | NextEra Energy Partners LP<sup>(a)</sup>  |
| 06/15/2026 | &nbsp;&nbsp; 2.500% | 7372000 | &nbsp;&nbsp; 7106608 |
| Total Convertible Bonds <br>(Cost $7,120,438) | Total Convertible Bonds <br>(Cost $7,120,438) | Total Convertible Bonds <br>(Cost $7,120,438) | &nbsp;&nbsp; **7106608** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Convertible Preferred Stocks —%** | **Convertible Preferred Stocks —%** | **Convertible Preferred Stocks —%** | **Convertible Preferred Stocks —%** |
| **Issuer** |  | **Shares** | **Value ($)** |
| **Information Technology —%** | **Information Technology —%** | **Information Technology —%** | **Information Technology —%** |
| **Communications Equipment —%** | **Communications Equipment —%** | **Communications Equipment —%** | **Communications Equipment —%** |
| Riverbed Technology, Inc.<sup>(c),(d)</sup> <br>| &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 14204 | &nbsp;&nbsp; 0 |
| **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **0** |
| Total Convertible Preferred Stocks <br>(Cost $307,751) | Total Convertible Preferred Stocks <br>(Cost $307,751) | Total Convertible Preferred Stocks <br>(Cost $307,751) | &nbsp;&nbsp; **0** |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes 38.4%** | **Corporate Bonds & Notes 38.4%** | **Corporate Bonds & Notes 38.4%** | **Corporate Bonds & Notes 38.4%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Aerospace & Defense 1.3%** | **Aerospace & Defense 1.3%** | **Aerospace & Defense 1.3%** | **Aerospace & Defense 1.3%** |
| Allegheny Technologies, Inc. | Allegheny Technologies, Inc. | Allegheny Technologies, Inc. | Allegheny Technologies, Inc. |
| 10/01/2029 | &nbsp;&nbsp; 4.875% | 818000 | &nbsp;&nbsp; 801442 |
| 10/01/2031 | &nbsp;&nbsp; 5.125% | 2729000 | &nbsp;&nbsp; 2666996 |
| Axon Enterprise, Inc.<sup>(a)</sup>  | Axon Enterprise, Inc.<sup>(a)</sup>  | Axon Enterprise, Inc.<sup>(a)</sup>  | Axon Enterprise, Inc.<sup>(a)</sup>  |
| 03/15/2030 | &nbsp;&nbsp; 6.125% | 1286000 | &nbsp;&nbsp; 1324762 |
| 03/15/2033 | &nbsp;&nbsp; 6.250% | 1284000 | &nbsp;&nbsp; 1327893 |
| BAE Systems PLC<sup>(a)</sup>  | BAE Systems PLC<sup>(a)</sup>  | BAE Systems PLC<sup>(a)</sup>  | BAE Systems PLC<sup>(a)</sup>  |
| 03/26/2029 | &nbsp;&nbsp; 5.125% | 3735000 | &nbsp;&nbsp; 3851921 |
| 02/15/2031 | &nbsp;&nbsp; 1.900% | 10330000 | &nbsp;&nbsp; 9082785 |
| Boeing Co. (The) | Boeing Co. (The) | Boeing Co. (The) | Boeing Co. (The) |
| 08/01/2059 | &nbsp;&nbsp; 3.950% | 9400000 | &nbsp;&nbsp; 6481212 |
| Bombardier, Inc.<sup>(a)</sup>  | Bombardier, Inc.<sup>(a)</sup>  | Bombardier, Inc.<sup>(a)</sup>  | Bombardier, Inc.<sup>(a)</sup>  |
| 04/15/2027 | &nbsp;&nbsp; 7.875% | 227000 | &nbsp;&nbsp; 228061 |
| 07/01/2031 | &nbsp;&nbsp; 7.250% | 1262000 | &nbsp;&nbsp; 1330425 |
| 06/01/2032 | &nbsp;&nbsp; 7.000% | 1269000 | &nbsp;&nbsp; 1327031 |
| Northrop Grumman Corp. | Northrop Grumman Corp. | Northrop Grumman Corp. | Northrop Grumman Corp. |
| 02/01/2027 | &nbsp;&nbsp; 3.200% | 3252000 | &nbsp;&nbsp; 3211652 |
| Raytheon Technologies Corp. | Raytheon Technologies Corp. | Raytheon Technologies Corp. | Raytheon Technologies Corp. |
| 03/15/2027 | &nbsp;&nbsp; 3.500% | 10382000 | &nbsp;&nbsp; 10289987 |
| 03/15/2032 | &nbsp;&nbsp; 2.375% | 7376000 | &nbsp;&nbsp; 6456770 |
| Spirit AeroSystems, Inc.<sup>(a)</sup>  | Spirit AeroSystems, Inc.<sup>(a)</sup>  | Spirit AeroSystems, Inc.<sup>(a)</sup>  | Spirit AeroSystems, Inc.<sup>(a)</sup>  |
| 11/30/2029 | &nbsp;&nbsp; 9.375% | 963000 | &nbsp;&nbsp; 1019936 |
| 11/15/2030 | &nbsp;&nbsp; 9.750% | 1961000 | &nbsp;&nbsp; 2161192 |
| TransDigm, Inc.<sup>(a)</sup>  | TransDigm, Inc.<sup>(a)</sup>  | TransDigm, Inc.<sup>(a)</sup>  | TransDigm, Inc.<sup>(a)</sup>  |
| 08/15/2028 | &nbsp;&nbsp; 6.750% | 3191000 | &nbsp;&nbsp; 3260453 |
| 03/01/2029 | &nbsp;&nbsp; 6.375% | 4365000 | &nbsp;&nbsp; 4471065 |
| 03/01/2032 | &nbsp;&nbsp; 6.625% | 5006000 | &nbsp;&nbsp; 5157643 |
| 01/15/2033 | &nbsp;&nbsp; 6.000% | 1743000 | &nbsp;&nbsp; 1762550 |
| 05/31/2033 | &nbsp;&nbsp; 6.375% | 5613000 | &nbsp;&nbsp; 5691154 |
| 01/31/2034 | &nbsp;&nbsp; 6.250% | 738000 | &nbsp;&nbsp; 757289 |
| 01/31/2034 | &nbsp;&nbsp; 6.750% | 3653000 | &nbsp;&nbsp; 3771556 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **76433775** |
| **Airlines 0.2%** | **Airlines 0.2%** | **Airlines 0.2%** | **Airlines 0.2%** |
| Air Canada<sup>(a)</sup>  | Air Canada<sup>(a)</sup>  | Air Canada<sup>(a)</sup>  | Air Canada<sup>(a)</sup>  |
| 08/15/2026 | &nbsp;&nbsp; 3.875% | 2199000 | &nbsp;&nbsp; 2173382 |
| American Airlines, Inc.<sup>(a)</sup>  | American Airlines, Inc.<sup>(a)</sup>  | American Airlines, Inc.<sup>(a)</sup>  | American Airlines, Inc.<sup>(a)</sup>  |
| 05/15/2029 | &nbsp;&nbsp; 8.500% | 4343000 | &nbsp;&nbsp; 4551858 |
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(a)</sup>  | American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(a)</sup>  | American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(a)</sup>  | American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(a)</sup>  |
| 04/20/2026 | &nbsp;&nbsp; 5.500% | 3155274 | &nbsp;&nbsp; 3155975 |
| 04/20/2029 | &nbsp;&nbsp; 5.750% | 4254465 | &nbsp;&nbsp; 4279221 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **14160436** |
| **Automotive 0.6%** | **Automotive 0.6%** | **Automotive 0.6%** | **Automotive 0.6%** |
| American Axle & Manufacturing, Inc. | American Axle & Manufacturing, Inc. | American Axle & Manufacturing, Inc. | American Axle & Manufacturing, Inc. |
| 04/01/2027 | &nbsp;&nbsp; 6.500% | 1920000 | &nbsp;&nbsp; 1925200 |
| 10/01/2029 | &nbsp;&nbsp; 5.000% | 1427000 | &nbsp;&nbsp; 1348694 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Clarios Global LP/US Finance Co.<sup>(a)</sup>  | Clarios Global LP/US Finance Co.<sup>(a)</sup>  | Clarios Global LP/US Finance Co.<sup>(a)</sup>  | Clarios Global LP/US Finance Co.<sup>(a)</sup>  |
| 05/15/2028 | &nbsp;&nbsp; 6.750% | 2587000 | &nbsp;&nbsp; 2645917 |
| 02/15/2030 | &nbsp;&nbsp; 6.750% | 2287000 | &nbsp;&nbsp; 2370306 |
| Ford Motor Credit Co. LLC | Ford Motor Credit Co. LLC | Ford Motor Credit Co. LLC | Ford Motor Credit Co. LLC |
| 06/10/2026 | &nbsp;&nbsp; 6.950% | 1957000 | &nbsp;&nbsp; 1982378 |
| 08/17/2027 | &nbsp;&nbsp; 4.125% | 4839000 | &nbsp;&nbsp; 4748059 |
| IHO Verwaltungs GmbH<sup>(a),(g)</sup>  | IHO Verwaltungs GmbH<sup>(a),(g)</sup>  | IHO Verwaltungs GmbH<sup>(a),(g)</sup>  | IHO Verwaltungs GmbH<sup>(a),(g)</sup>  |
| 11/15/2030 | &nbsp;&nbsp; 7.750% | 1893000 | &nbsp;&nbsp; 1967249 |
| 11/15/2032 | &nbsp;&nbsp; 8.000% | 4605000 | &nbsp;&nbsp; 4807981 |
| Nissan Motor Co., Ltd.<sup>(a)</sup>  | Nissan Motor Co., Ltd.<sup>(a)</sup>  | Nissan Motor Co., Ltd.<sup>(a)</sup>  | Nissan Motor Co., Ltd.<sup>(a)</sup>  |
| 07/17/2032 | &nbsp;&nbsp; 7.750% | 1322000 | &nbsp;&nbsp; 1384851 |
| 07/17/2035 | &nbsp;&nbsp; 8.125% | 3869000 | &nbsp;&nbsp; 4091437 |
| ZF North America Capital, Inc.<sup>(a)</sup>  | ZF North America Capital, Inc.<sup>(a)</sup>  | ZF North America Capital, Inc.<sup>(a)</sup>  | ZF North America Capital, Inc.<sup>(a)</sup>  |
| 04/14/2030 | &nbsp;&nbsp; 7.125% | 1909000 | &nbsp;&nbsp; 1895979 |
| 04/23/2032 | &nbsp;&nbsp; 6.875% | 5872000 | &nbsp;&nbsp; 5626591 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **34794642** |
| **Banking 3.8%** | **Banking 3.8%** | **Banking 3.8%** | **Banking 3.8%** |
| Ally Financial, Inc.<sup>(h)</sup>  | Ally Financial, Inc.<sup>(h)</sup>  | Ally Financial, Inc.<sup>(h)</sup>  | Ally Financial, Inc.<sup>(h)</sup>  |
| Subordinated | Subordinated | Subordinated | Subordinated |
| 01/17/2040 | &nbsp;&nbsp; 6.646% | 1321000 | &nbsp;&nbsp; 1312825 |
| Bank of America Corp.<sup>(h)</sup>  | Bank of America Corp.<sup>(h)</sup>  | Bank of America Corp.<sup>(h)</sup>  | Bank of America Corp.<sup>(h)</sup>  |
| 10/24/2031 | &nbsp;&nbsp; 1.922% | 36468000 | &nbsp;&nbsp; 32199113 |
| 07/21/2032 | &nbsp;&nbsp; 2.299% | 21970000 | &nbsp;&nbsp; 19383330 |
| 10/20/2032 | &nbsp;&nbsp; 2.572% | 32627000 | &nbsp;&nbsp; 29114342 |
| Subordinated | Subordinated | Subordinated | Subordinated |
| 09/21/2036 | &nbsp;&nbsp; 2.482% | 991000 | &nbsp;&nbsp; 856656 |
| Citigroup, Inc.<sup>(h)</sup>  | Citigroup, Inc.<sup>(h)</sup>  | Citigroup, Inc.<sup>(h)</sup>  | Citigroup, Inc.<sup>(h)</sup>  |
| 06/03/2031 | &nbsp;&nbsp; 2.572% | 5587000 | &nbsp;&nbsp; 5129158 |
| 01/25/2033 | &nbsp;&nbsp; 3.057% | 21931000 | &nbsp;&nbsp; 19803293 |
| Goldman Sachs Group, Inc. (The)<sup>(h)</sup>  | Goldman Sachs Group, Inc. (The)<sup>(h)</sup>  | Goldman Sachs Group, Inc. (The)<sup>(h)</sup>  | Goldman Sachs Group, Inc. (The)<sup>(h)</sup>  |
| 04/23/2031 | &nbsp;&nbsp; 5.218% | 26716000 | &nbsp;&nbsp; 27583871 |
| HSBC Holdings PLC<sup>(h)</sup>  | HSBC Holdings PLC<sup>(h)</sup>  | HSBC Holdings PLC<sup>(h)</sup>  | HSBC Holdings PLC<sup>(h)</sup>  |
| 05/13/2031 | &nbsp;&nbsp; 5.240% | 9529000 | &nbsp;&nbsp; 9793251 |
| 05/24/2032 | &nbsp;&nbsp; 2.804% | 7196000 | &nbsp;&nbsp; 6495658 |
| JPMorgan Chase & Co.<sup>(h)</sup>  | JPMorgan Chase & Co.<sup>(h)</sup>  | JPMorgan Chase & Co.<sup>(h)</sup>  | JPMorgan Chase & Co.<sup>(h)</sup>  |
| 10/22/2030 | &nbsp;&nbsp; 4.603% | 409000 | &nbsp;&nbsp; 413358 |
| 01/24/2031 | &nbsp;&nbsp; 5.140% | 1622000 | &nbsp;&nbsp; 1672435 |
| 04/22/2031 | &nbsp;&nbsp; 5.103% | 492000 | &nbsp;&nbsp; 507534 |
| 11/08/2032 | &nbsp;&nbsp; 2.545% | 27830000 | &nbsp;&nbsp; 24811492 |
| Morgan Stanley<sup>(h)</sup>  | Morgan Stanley<sup>(h)</sup>  | Morgan Stanley<sup>(h)</sup>  | Morgan Stanley<sup>(h)</sup>  |
| 10/18/2030 | &nbsp;&nbsp; 4.654% | 1000 | &nbsp;&nbsp; 1010 |
| 04/17/2031 | &nbsp;&nbsp; 5.192% | 2615000 | &nbsp;&nbsp; 2696242 |
| Subordinated | Subordinated | Subordinated | Subordinated |
| 09/16/2036 | &nbsp;&nbsp; 2.484% | 11675000 | &nbsp;&nbsp; 10113212 |
| Morgan Stanley Private Bank NA<sup>(h)</sup>  | Morgan Stanley Private Bank NA<sup>(h)</sup>  | Morgan Stanley Private Bank NA<sup>(h)</sup>  | Morgan Stanley Private Bank NA<sup>(h)</sup>  |
| 07/18/2031 | &nbsp;&nbsp; 4.734% | 17633000 | &nbsp;&nbsp; 17883356 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Royal Bank of Canada<sup>(h)</sup>  | Royal Bank of Canada<sup>(h)</sup>  | Royal Bank of Canada<sup>(h)</sup>  | Royal Bank of Canada<sup>(h)</sup>  |
| 10/18/2030 | &nbsp;&nbsp; 4.650% | 4756000 | &nbsp;&nbsp; 4799663 |
| 02/04/2031 | &nbsp;&nbsp; 5.153% | 2713000 | &nbsp;&nbsp; 2793609 |
| 08/06/2031 | &nbsp;&nbsp; 4.696% | 2250000 | &nbsp;&nbsp; 2272202 |
| Wells Fargo & Co.<sup>(h)</sup>  | Wells Fargo & Co.<sup>(h)</sup>  | Wells Fargo & Co.<sup>(h)</sup>  | Wells Fargo & Co.<sup>(h)</sup>  |
| 04/23/2031 | &nbsp;&nbsp; 5.150% | 4249000 | &nbsp;&nbsp; 4376949 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **224012559** |
| **Brokerage/Asset Managers/Exchanges 0.6%** | **Brokerage/Asset Managers/Exchanges 0.6%** | **Brokerage/Asset Managers/Exchanges 0.6%** | **Brokerage/Asset Managers/Exchanges 0.6%** |
| AG Issuer LLC<sup>(a)</sup>  | AG Issuer LLC<sup>(a)</sup>  | AG Issuer LLC<sup>(a)</sup>  | AG Issuer LLC<sup>(a)</sup>  |
| 03/01/2028 | &nbsp;&nbsp; 6.250% | 2310000 | &nbsp;&nbsp; 2314760 |
| AG TTMT Escrow Issuer LLC<sup>(a)</sup>  | AG TTMT Escrow Issuer LLC<sup>(a)</sup>  | AG TTMT Escrow Issuer LLC<sup>(a)</sup>  | AG TTMT Escrow Issuer LLC<sup>(a)</sup>  |
| 09/30/2027 | &nbsp;&nbsp; 8.625% | 4894000 | &nbsp;&nbsp; 5015660 |
| Aretec Escrow Issuer 2, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer 2, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer 2, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer 2, Inc.<sup>(a)</sup>  |
| 08/15/2030 | &nbsp;&nbsp; 10.000% | 3518000 | &nbsp;&nbsp; 3842329 |
| Aretec Escrow Issuer, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer, Inc.<sup>(a)</sup>  |
| 04/01/2029 | &nbsp;&nbsp; 7.500% | 5532000 | &nbsp;&nbsp; 5557891 |
| Focus Financial Partners LLC<sup>(a)</sup>  | Focus Financial Partners LLC<sup>(a)</sup>  | Focus Financial Partners LLC<sup>(a)</sup>  | Focus Financial Partners LLC<sup>(a)</sup>  |
| 09/15/2031 | &nbsp;&nbsp; 6.750% | 3152000 | &nbsp;&nbsp; 3259133 |
| Hightower Holding LLC<sup>(a)</sup>  | Hightower Holding LLC<sup>(a)</sup>  | Hightower Holding LLC<sup>(a)</sup>  | Hightower Holding LLC<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 6.750% | 3317000 | &nbsp;&nbsp; 3307111 |
| 01/31/2030 | &nbsp;&nbsp; 9.125% | 3291000 | &nbsp;&nbsp; 3533815 |
| Osaic Holdings, Inc.<sup>(a)</sup>  | Osaic Holdings, Inc.<sup>(a)</sup>  | Osaic Holdings, Inc.<sup>(a)</sup>  | Osaic Holdings, Inc.<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 6.750% | 2848000 | &nbsp;&nbsp; 2901653 |
| 08/01/2033 | &nbsp;&nbsp; 8.000% | 3601000 | &nbsp;&nbsp; 3649939 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **33382291** |
| **Building Materials 0.7%** | **Building Materials 0.7%** | **Building Materials 0.7%** | **Building Materials 0.7%** |
| CP Atlas Buyer, Inc.<sup>(a)</sup>  | CP Atlas Buyer, Inc.<sup>(a)</sup>  | CP Atlas Buyer, Inc.<sup>(a)</sup>  | CP Atlas Buyer, Inc.<sup>(a)</sup>  |
| 07/15/2030 | &nbsp;&nbsp; 9.750% | 1504000 | &nbsp;&nbsp; 1551905 |
| James Hardie International Finance DAC<sup>(a)</sup>  | James Hardie International Finance DAC<sup>(a)</sup>  | James Hardie International Finance DAC<sup>(a)</sup>  | James Hardie International Finance DAC<sup>(a)</sup>  |
| 01/15/2028 | &nbsp;&nbsp; 5.000% | 2465000 | &nbsp;&nbsp; 2433487 |
| JH North America Holdings, Inc.<sup>(a)</sup>  | JH North America Holdings, Inc.<sup>(a)</sup>  | JH North America Holdings, Inc.<sup>(a)</sup>  | JH North America Holdings, Inc.<sup>(a)</sup>  |
| 01/31/2031 | &nbsp;&nbsp; 5.875% | 695000 | &nbsp;&nbsp; 702439 |
| LBM Acquisition LLC<sup>(a)</sup>  | LBM Acquisition LLC<sup>(a)</sup>  | LBM Acquisition LLC<sup>(a)</sup>  | LBM Acquisition LLC<sup>(a)</sup>  |
| 06/15/2031 | &nbsp;&nbsp; 9.500% | 2632000 | &nbsp;&nbsp; 2758018 |
| Masterbrand, Inc.<sup>(a)</sup>  | Masterbrand, Inc.<sup>(a)</sup>  | Masterbrand, Inc.<sup>(a)</sup>  | Masterbrand, Inc.<sup>(a)</sup>  |
| 07/15/2032 | &nbsp;&nbsp; 7.000% | 584000 | &nbsp;&nbsp; 605812 |
| Quikrete Holdings, Inc.<sup>(a)</sup>  | Quikrete Holdings, Inc.<sup>(a)</sup>  | Quikrete Holdings, Inc.<sup>(a)</sup>  | Quikrete Holdings, Inc.<sup>(a)</sup>  |
| 03/01/2032 | &nbsp;&nbsp; 6.375% | 8152000 | &nbsp;&nbsp; 8406560 |
| 03/01/2033 | &nbsp;&nbsp; 6.750% | 7282000 | &nbsp;&nbsp; 7543965 |
| QXO Building Products, Inc.<sup>(a)</sup>  | QXO Building Products, Inc.<sup>(a)</sup>  | QXO Building Products, Inc.<sup>(a)</sup>  | QXO Building Products, Inc.<sup>(a)</sup>  |
| 04/30/2032 | &nbsp;&nbsp; 6.750% | 3088000 | &nbsp;&nbsp; 3200092 |
| Standard Building Solutions, Inc.<sup>(a)</sup>  | Standard Building Solutions, Inc.<sup>(a)</sup>  | Standard Building Solutions, Inc.<sup>(a)</sup>  | Standard Building Solutions, Inc.<sup>(a)</sup>  |
| 08/15/2032 | &nbsp;&nbsp; 6.500% | 778000 | &nbsp;&nbsp; 803276 |
| 08/01/2033 | &nbsp;&nbsp; 6.250% | 1750000 | &nbsp;&nbsp; 1786941 |
| Standard Industries, Inc.<sup>(a)</sup>  | Standard Industries, Inc.<sup>(a)</sup>  | Standard Industries, Inc.<sup>(a)</sup>  | Standard Industries, Inc.<sup>(a)</sup>  |
| 01/15/2028 | &nbsp;&nbsp; 4.750% | 4051000 | &nbsp;&nbsp; 4013796 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| White Cap Buyer LLC<sup>(a)</sup>  | White Cap Buyer LLC<sup>(a)</sup>  | White Cap Buyer LLC<sup>(a)</sup>  | White Cap Buyer LLC<sup>(a)</sup>  |
| 10/15/2028 | &nbsp;&nbsp; 6.875% | 7719000 | &nbsp;&nbsp; 7718139 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **41524430** |
| **Cable and Satellite 1.8%** | **Cable and Satellite 1.8%** | **Cable and Satellite 1.8%** | **Cable and Satellite 1.8%** |
| CCO Holdings LLC/Capital Corp.<sup>(a)</sup>  | CCO Holdings LLC/Capital Corp.<sup>(a)</sup>  | CCO Holdings LLC/Capital Corp.<sup>(a)</sup>  | CCO Holdings LLC/Capital Corp.<sup>(a)</sup>  |
| 05/01/2027 | &nbsp;&nbsp; 5.125% | 8920000 | &nbsp;&nbsp; 8876479 |
| 02/01/2028 | &nbsp;&nbsp; 5.000% | 2663000 | &nbsp;&nbsp; 2642259 |
| 03/01/2030 | &nbsp;&nbsp; 4.750% | 5677000 | &nbsp;&nbsp; 5460688 |
| 08/15/2030 | &nbsp;&nbsp; 4.500% | 4986000 | &nbsp;&nbsp; 4717200 |
| 02/01/2031 | &nbsp;&nbsp; 4.250% | 2916000 | &nbsp;&nbsp; 2690882 |
| 03/01/2031 | &nbsp;&nbsp; 7.375% | 1145000 | &nbsp;&nbsp; 1187773 |
| 02/01/2032 | &nbsp;&nbsp; 4.750% | 5851000 | &nbsp;&nbsp; 5427482 |
| 01/15/2034 | &nbsp;&nbsp; 4.250% | 4397000 | &nbsp;&nbsp; 3818583 |
| CCO Holdings LLC/Capital Corp. | CCO Holdings LLC/Capital Corp. | CCO Holdings LLC/Capital Corp. | CCO Holdings LLC/Capital Corp. |
| 05/01/2032 | &nbsp;&nbsp; 4.500% | 552000 | &nbsp;&nbsp; 504970 |
| Comcast Corp. | Comcast Corp. | Comcast Corp. | Comcast Corp. |
| 03/01/2026 | &nbsp;&nbsp; 3.150% | 5831000 | &nbsp;&nbsp; 5795918 |
| CSC Holdings LLC<sup>(a)</sup>  | CSC Holdings LLC<sup>(a)</sup>  | CSC Holdings LLC<sup>(a)</sup>  | CSC Holdings LLC<sup>(a)</sup>  |
| 01/31/2029 | &nbsp;&nbsp; 11.750% | 5208000 | &nbsp;&nbsp; 4779743 |
| 02/01/2029 | &nbsp;&nbsp; 6.500% | 1751000 | &nbsp;&nbsp; 1378922 |
| 01/15/2030 | &nbsp;&nbsp; 5.750% | 2329000 | &nbsp;&nbsp; 1092752 |
| 12/01/2030 | &nbsp;&nbsp; 4.125% | 3543000 | &nbsp;&nbsp; 2331575 |
| 12/01/2030 | &nbsp;&nbsp; 4.625% | 5013000 | &nbsp;&nbsp; 2200107 |
| 02/15/2031 | &nbsp;&nbsp; 3.375% | 757000 | &nbsp;&nbsp; 484374 |
| DISH DBS Corp. | DISH DBS Corp. | DISH DBS Corp. | DISH DBS Corp. |
| 07/01/2028 | &nbsp;&nbsp; 7.375% | 720000 | &nbsp;&nbsp; 651665 |
| 06/01/2029 | &nbsp;&nbsp; 5.125% | 1152000 | &nbsp;&nbsp; 949870 |
| DISH DBS Corp.<sup>(a)</sup>  | DISH DBS Corp.<sup>(a)</sup>  | DISH DBS Corp.<sup>(a)</sup>  | DISH DBS Corp.<sup>(a)</sup>  |
| 12/01/2028 | &nbsp;&nbsp; 5.750% | 2930000 | &nbsp;&nbsp; 2755353 |
| DISH Network Corp.<sup>(a)</sup>  | DISH Network Corp.<sup>(a)</sup>  | DISH Network Corp.<sup>(a)</sup>  | DISH Network Corp.<sup>(a)</sup>  |
| 11/15/2027 | &nbsp;&nbsp; 11.750% | 8723000 | &nbsp;&nbsp; 9226464 |
| EchoStar Corp. | EchoStar Corp. | EchoStar Corp. | EchoStar Corp. |
| 11/30/2029 | &nbsp;&nbsp; 10.750% | 6258642 | &nbsp;&nbsp; 6737357 |
| EchoStar Corp.<sup>(g)</sup>  | EchoStar Corp.<sup>(g)</sup>  | EchoStar Corp.<sup>(g)</sup>  | EchoStar Corp.<sup>(g)</sup>  |
| 11/30/2030 | &nbsp;&nbsp; 6.750% | 4145697 | &nbsp;&nbsp; 4077236 |
| Sirius XM Radio, Inc.<sup>(a)</sup>  | Sirius XM Radio, Inc.<sup>(a)</sup>  | Sirius XM Radio, Inc.<sup>(a)</sup>  | Sirius XM Radio, Inc.<sup>(a)</sup>  |
| 09/01/2026 | &nbsp;&nbsp; 3.125% | 2513000 | &nbsp;&nbsp; 2496599 |
| 08/01/2027 | &nbsp;&nbsp; 5.000% | 5091000 | &nbsp;&nbsp; 5069925 |
| 07/15/2028 | &nbsp;&nbsp; 4.000% | 2580000 | &nbsp;&nbsp; 2493013 |
| 07/01/2029 | &nbsp;&nbsp; 5.500% | 1278000 | &nbsp;&nbsp; 1278455 |
| 07/01/2030 | &nbsp;&nbsp; 4.125% | 2187000 | &nbsp;&nbsp; 2034484 |
| Virgin Media Finance PLC<sup>(a)</sup>  | Virgin Media Finance PLC<sup>(a)</sup>  | Virgin Media Finance PLC<sup>(a)</sup>  | Virgin Media Finance PLC<sup>(a)</sup>  |
| 07/15/2030 | &nbsp;&nbsp; 5.000% | 3454000 | &nbsp;&nbsp; 3158203 |
| Virgin Media Secured Finance PLC<sup>(a)</sup>  | Virgin Media Secured Finance PLC<sup>(a)</sup>  | Virgin Media Secured Finance PLC<sup>(a)</sup>  | Virgin Media Secured Finance PLC<sup>(a)</sup>  |
| 05/15/2029 | &nbsp;&nbsp; 5.500% | 2170000 | &nbsp;&nbsp; 2138398 |
| VZ Secured Financing BV<sup>(a)</sup>  | VZ Secured Financing BV<sup>(a)</sup>  | VZ Secured Financing BV<sup>(a)</sup>  | VZ Secured Financing BV<sup>(a)</sup>  |
| 01/15/2032 | &nbsp;&nbsp; 5.000% | 6068000 | &nbsp;&nbsp; 5382533 |
| Ziggo Bond Co. BV<sup>(a)</sup>  | Ziggo Bond Co. BV<sup>(a)</sup>  | Ziggo Bond Co. BV<sup>(a)</sup>  | Ziggo Bond Co. BV<sup>(a)</sup>  |
| 02/28/2030 | &nbsp;&nbsp; 5.125% | 2487000 | &nbsp;&nbsp; 2193301 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Ziggo BV<sup>(a)</sup>  | Ziggo BV<sup>(a)</sup>  | Ziggo BV<sup>(a)</sup>  | Ziggo BV<sup>(a)</sup>  |
| 01/15/2030 | &nbsp;&nbsp; 4.875% | 2474000 | &nbsp;&nbsp; 2321085 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **106353648** |
| **Chemicals 1.7%** | **Chemicals 1.7%** | **Chemicals 1.7%** | **Chemicals 1.7%** |
| Ashland LLC<sup>(a)</sup>  | Ashland LLC<sup>(a)</sup>  | Ashland LLC<sup>(a)</sup>  | Ashland LLC<sup>(a)</sup>  |
| 09/01/2031 | &nbsp;&nbsp; 3.375% | 5270000 | &nbsp;&nbsp; 4690984 |
| Avient Corp.<sup>(a)</sup>  | Avient Corp.<sup>(a)</sup>  | Avient Corp.<sup>(a)</sup>  | Avient Corp.<sup>(a)</sup>  |
| 08/01/2030 | &nbsp;&nbsp; 7.125% | 1644000 | &nbsp;&nbsp; 1698783 |
| 11/01/2031 | &nbsp;&nbsp; 6.250% | 1268000 | &nbsp;&nbsp; 1292040 |
| Axalta Coating Systems Dutch Holding B BV<sup>(a)</sup>  | Axalta Coating Systems Dutch Holding B BV<sup>(a)</sup>  | Axalta Coating Systems Dutch Holding B BV<sup>(a)</sup>  | Axalta Coating Systems Dutch Holding B BV<sup>(a)</sup>  |
| 02/15/2031 | &nbsp;&nbsp; 7.250% | 1833000 | &nbsp;&nbsp; 1928508 |
| Axalta Coating Systems LLC<sup>(a)</sup>  | Axalta Coating Systems LLC<sup>(a)</sup>  | Axalta Coating Systems LLC<sup>(a)</sup>  | Axalta Coating Systems LLC<sup>(a)</sup>  |
| 02/15/2029 | &nbsp;&nbsp; 3.375% | 1169000 | &nbsp;&nbsp; 1105743 |
| Axalta Coating Systems LLC/Dutch Holding B BV<sup>(a)</sup>  | Axalta Coating Systems LLC/Dutch Holding B BV<sup>(a)</sup>  | Axalta Coating Systems LLC/Dutch Holding B BV<sup>(a)</sup>  | Axalta Coating Systems LLC/Dutch Holding B BV<sup>(a)</sup>  |
| 06/15/2027 | &nbsp;&nbsp; 4.750% | 1867000 | &nbsp;&nbsp; 1861555 |
| Braskem Netherlands Finance BV<sup>(a)</sup>  | Braskem Netherlands Finance BV<sup>(a)</sup>  | Braskem Netherlands Finance BV<sup>(a)</sup>  | Braskem Netherlands Finance BV<sup>(a)</sup>  |
| 01/10/2028 | &nbsp;&nbsp; 4.500% | 500000 | &nbsp;&nbsp; 389450 |
| 01/31/2030 | &nbsp;&nbsp; 4.500% | 7000000 | &nbsp;&nbsp; 4937644 |
| Celanese US Holdings LLC | Celanese US Holdings LLC | Celanese US Holdings LLC | Celanese US Holdings LLC |
| 04/15/2030 | &nbsp;&nbsp; 6.500% | 673000 | &nbsp;&nbsp; 679929 |
| 07/15/2032 | &nbsp;&nbsp; 6.879% | 855000 | &nbsp;&nbsp; 884010 |
| 04/15/2033 | &nbsp;&nbsp; 6.750% | 4660000 | &nbsp;&nbsp; 4692193 |
| 11/15/2033 | &nbsp;&nbsp; 7.200% | 2415000 | &nbsp;&nbsp; 2509352 |
| Cheever Escrow Issuer LLC<sup>(a)</sup>  | Cheever Escrow Issuer LLC<sup>(a)</sup>  | Cheever Escrow Issuer LLC<sup>(a)</sup>  | Cheever Escrow Issuer LLC<sup>(a)</sup>  |
| 10/01/2027 | &nbsp;&nbsp; 7.125% | 1818000 | &nbsp;&nbsp; 1851342 |
| Element Solutions, Inc.<sup>(a)</sup>  | Element Solutions, Inc.<sup>(a)</sup>  | Element Solutions, Inc.<sup>(a)</sup>  | Element Solutions, Inc.<sup>(a)</sup>  |
| 09/01/2028 | &nbsp;&nbsp; 3.875% | 3427000 | &nbsp;&nbsp; 3322199 |
| HB Fuller Co. | HB Fuller Co. | HB Fuller Co. | HB Fuller Co. |
| 10/15/2028 | &nbsp;&nbsp; 4.250% | 3430000 | &nbsp;&nbsp; 3330311 |
| Herens Holdco Sarl<sup>(a)</sup>  | Herens Holdco Sarl<sup>(a)</sup>  | Herens Holdco Sarl<sup>(a)</sup>  | Herens Holdco Sarl<sup>(a)</sup>  |
| 05/15/2028 | &nbsp;&nbsp; 4.750% | 3124000 | &nbsp;&nbsp; 2682376 |
| Illuminate Buyer LLC/Holdings IV, Inc.<sup>(a)</sup>  | Illuminate Buyer LLC/Holdings IV, Inc.<sup>(a)</sup>  | Illuminate Buyer LLC/Holdings IV, Inc.<sup>(a)</sup>  | Illuminate Buyer LLC/Holdings IV, Inc.<sup>(a)</sup>  |
| 07/01/2028 | &nbsp;&nbsp; 9.000% | 1575000 | &nbsp;&nbsp; 1582042 |
| INEOS Finance PLC<sup>(a)</sup>  | INEOS Finance PLC<sup>(a)</sup>  | INEOS Finance PLC<sup>(a)</sup>  | INEOS Finance PLC<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 7.500% | 5929000 | &nbsp;&nbsp; 5940597 |
| INEOS Quattro Finance 2 PLC<sup>(a)</sup>  | INEOS Quattro Finance 2 PLC<sup>(a)</sup>  | INEOS Quattro Finance 2 PLC<sup>(a)</sup>  | INEOS Quattro Finance 2 PLC<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 9.625% | 7315000 | &nbsp;&nbsp; 7358547 |
| Ingevity Corp.<sup>(a)</sup>  | Ingevity Corp.<sup>(a)</sup>  | Ingevity Corp.<sup>(a)</sup>  | Ingevity Corp.<sup>(a)</sup>  |
| 11/01/2028 | &nbsp;&nbsp; 3.875% | 1799000 | &nbsp;&nbsp; 1726416 |
| Innophos Holdings, Inc.<sup>(a)</sup>  | Innophos Holdings, Inc.<sup>(a)</sup>  | Innophos Holdings, Inc.<sup>(a)</sup>  | Innophos Holdings, Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 11.500% | 4204550 | &nbsp;&nbsp; 4183527 |
| Inversion Escrow Issuer LLC<sup>(a)</sup>  | Inversion Escrow Issuer LLC<sup>(a)</sup>  | Inversion Escrow Issuer LLC<sup>(a)</sup>  | Inversion Escrow Issuer LLC<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 6.750% | 4419000 | &nbsp;&nbsp; 4376167 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Olympus Water US Holding Corp.<sup>(a)</sup>  | Olympus Water US Holding Corp.<sup>(a)</sup>  | Olympus Water US Holding Corp.<sup>(a)</sup>  | Olympus Water US Holding Corp.<sup>(a)</sup>  |
| 10/01/2028 | &nbsp;&nbsp; 4.250% | 3005000 | &nbsp;&nbsp; 2878567 |
| 11/15/2028 | &nbsp;&nbsp; 9.750% | 5408000 | &nbsp;&nbsp; 5671388 |
| 10/01/2029 | &nbsp;&nbsp; 6.250% | 3507000 | &nbsp;&nbsp; 3423243 |
| 06/15/2031 | &nbsp;&nbsp; 7.250% | 3919000 | &nbsp;&nbsp; 4009995 |
| Qnity Electronics, Inc.<sup>(a)</sup>  | Qnity Electronics, Inc.<sup>(a)</sup>  | Qnity Electronics, Inc.<sup>(a)</sup>  | Qnity Electronics, Inc.<sup>(a)</sup>  |
| 08/15/2032 | &nbsp;&nbsp; 5.750% | 1621000 | &nbsp;&nbsp; 1648179 |
| 08/15/2033 | &nbsp;&nbsp; 6.250% | 1300000 | &nbsp;&nbsp; 1343803 |
| SPCM SA<sup>(a)</sup>  | SPCM SA<sup>(a)</sup>  | SPCM SA<sup>(a)</sup>  | SPCM SA<sup>(a)</sup>  |
| 03/15/2027 | &nbsp;&nbsp; 3.125% | 1001000 | &nbsp;&nbsp; 972107 |
| Tronox, Inc.<sup>(a)</sup>  | Tronox, Inc.<sup>(a)</sup>  | Tronox, Inc.<sup>(a)</sup>  | Tronox, Inc.<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 4.625% | 2701000 | &nbsp;&nbsp; 1992132 |
| WR Grace Holdings LLC<sup>(a)</sup>  | WR Grace Holdings LLC<sup>(a)</sup>  | WR Grace Holdings LLC<sup>(a)</sup>  | WR Grace Holdings LLC<sup>(a)</sup>  |
| 06/15/2027 | &nbsp;&nbsp; 4.875% | 2542000 | &nbsp;&nbsp; 2522073 |
| 08/15/2029 | &nbsp;&nbsp; 5.625% | 7752000 | &nbsp;&nbsp; 7242632 |
| 03/01/2031 | &nbsp;&nbsp; 7.375% | 2144000 | &nbsp;&nbsp; 2184889 |
| 08/15/2032 | &nbsp;&nbsp; 6.625% | 5789000 | &nbsp;&nbsp; 5774206 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **102686929** |
| **Construction Machinery 0.4%** | **Construction Machinery 0.4%** | **Construction Machinery 0.4%** | **Construction Machinery 0.4%** |
| Caterpillar Financial Services Corp. | Caterpillar Financial Services Corp. | Caterpillar Financial Services Corp. | Caterpillar Financial Services Corp. |
| 10/16/2026 | &nbsp;&nbsp; 4.450% | 5268000 | &nbsp;&nbsp; 5295700 |
| Herc Holdings, Inc.<sup>(a)</sup>  | Herc Holdings, Inc.<sup>(a)</sup>  | Herc Holdings, Inc.<sup>(a)</sup>  | Herc Holdings, Inc.<sup>(a)</sup>  |
| 07/15/2027 | &nbsp;&nbsp; 5.500% | 1295000 | &nbsp;&nbsp; 1293576 |
| 06/15/2030 | &nbsp;&nbsp; 7.000% | 2402000 | &nbsp;&nbsp; 2499796 |
| 06/15/2033 | &nbsp;&nbsp; 7.250% | 7283000 | &nbsp;&nbsp; 7637658 |
| Ritchie Bros Holdings, Inc.<sup>(a)</sup>  | Ritchie Bros Holdings, Inc.<sup>(a)</sup>  | Ritchie Bros Holdings, Inc.<sup>(a)</sup>  | Ritchie Bros Holdings, Inc.<sup>(a)</sup>  |
| 03/15/2028 | &nbsp;&nbsp; 6.750% | 2519000 | &nbsp;&nbsp; 2578049 |
| 03/15/2031 | &nbsp;&nbsp; 7.750% | 611000 | &nbsp;&nbsp; 642042 |
| United Rentals North America, Inc. | United Rentals North America, Inc. | United Rentals North America, Inc. | United Rentals North America, Inc. |
| 07/15/2030 | &nbsp;&nbsp; 4.000% | 897000 | &nbsp;&nbsp; 856725 |
| 01/15/2032 | &nbsp;&nbsp; 3.750% | 997000 | &nbsp;&nbsp; 918985 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **21722531** |
| **Consumer Cyclical Services 0.3%** | **Consumer Cyclical Services 0.3%** | **Consumer Cyclical Services 0.3%** | **Consumer Cyclical Services 0.3%** |
| Arches Buyer, Inc.<sup>(a)</sup>  | Arches Buyer, Inc.<sup>(a)</sup>  | Arches Buyer, Inc.<sup>(a)</sup>  | Arches Buyer, Inc.<sup>(a)</sup>  |
| 06/01/2028 | &nbsp;&nbsp; 4.250% | 2489000 | &nbsp;&nbsp; 2420468 |
| 12/01/2028 | &nbsp;&nbsp; 6.125% | 7511000 | &nbsp;&nbsp; 7283238 |
| ASGN, Inc.<sup>(a)</sup>  | ASGN, Inc.<sup>(a)</sup>  | ASGN, Inc.<sup>(a)</sup>  | ASGN, Inc.<sup>(a)</sup>  |
| 05/15/2028 | &nbsp;&nbsp; 4.625% | 2024000 | &nbsp;&nbsp; 1980378 |
| Match Group Holdings II LLC<sup>(a)</sup>  | Match Group Holdings II LLC<sup>(a)</sup>  | Match Group Holdings II LLC<sup>(a)</sup>  | Match Group Holdings II LLC<sup>(a)</sup>  |
| 10/01/2031 | &nbsp;&nbsp; 3.625% | 1528000 | &nbsp;&nbsp; 1379804 |
| Match Group, Inc.<sup>(a)</sup>  | Match Group, Inc.<sup>(a)</sup>  | Match Group, Inc.<sup>(a)</sup>  | Match Group, Inc.<sup>(a)</sup>  |
| 06/01/2028 | &nbsp;&nbsp; 4.625% | 5557000 | &nbsp;&nbsp; 5470820 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **18534708** |
| **Consumer Products 0.3%** | **Consumer Products 0.3%** | **Consumer Products 0.3%** | **Consumer Products 0.3%** |
| Acushnet Co.<sup>(a)</sup>  | Acushnet Co.<sup>(a)</sup>  | Acushnet Co.<sup>(a)</sup>  | Acushnet Co.<sup>(a)</sup>  |
| 10/15/2028 | &nbsp;&nbsp; 7.375% | 1500000 | &nbsp;&nbsp; 1563967 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CD&R Smokey Buyer, Inc./Radio Systems Corp.<sup>(a)</sup>  | CD&R Smokey Buyer, Inc./Radio Systems Corp.<sup>(a)</sup>  | CD&R Smokey Buyer, Inc./Radio Systems Corp.<sup>(a)</sup>  | CD&R Smokey Buyer, Inc./Radio Systems Corp.<sup>(a)</sup>  |
| 10/15/2029 | &nbsp;&nbsp; 9.500% | 6454000 | &nbsp;&nbsp; 4910978 |
| Newell Brands, Inc.<sup>(a)</sup>  | Newell Brands, Inc.<sup>(a)</sup>  | Newell Brands, Inc.<sup>(a)</sup>  | Newell Brands, Inc.<sup>(a)</sup>  |
| 06/01/2028 | &nbsp;&nbsp; 8.500% | 360000 | &nbsp;&nbsp; 380505 |
| Newell Brands, Inc. | Newell Brands, Inc. | Newell Brands, Inc. | Newell Brands, Inc. |
| 05/15/2030 | &nbsp;&nbsp; 6.375% | 2454000 | &nbsp;&nbsp; 2422580 |
| 05/15/2032 | &nbsp;&nbsp; 6.625% | 3349000 | &nbsp;&nbsp; 3279243 |
| Opal Bidco SAS<sup>(a)</sup>  | Opal Bidco SAS<sup>(a)</sup>  | Opal Bidco SAS<sup>(a)</sup>  | Opal Bidco SAS<sup>(a)</sup>  |
| 03/31/2032 | &nbsp;&nbsp; 6.500% | 2700000 | &nbsp;&nbsp; 2747373 |
| Scotts Miracle-Gro Co. (The) | Scotts Miracle-Gro Co. (The) | Scotts Miracle-Gro Co. (The) | Scotts Miracle-Gro Co. (The) |
| 04/01/2031 | &nbsp;&nbsp; 4.000% | 1855000 | &nbsp;&nbsp; 1705744 |
| Whirlpool Corp. | Whirlpool Corp. | Whirlpool Corp. | Whirlpool Corp. |
| 06/15/2030 | &nbsp;&nbsp; 6.125% | 569000 | &nbsp;&nbsp; 576248 |
| 06/15/2033 | &nbsp;&nbsp; 6.500% | 593000 | &nbsp;&nbsp; 596477 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **18183115** |
| **Diversified Manufacturing 0.8%** | **Diversified Manufacturing 0.8%** | **Diversified Manufacturing 0.8%** | **Diversified Manufacturing 0.8%** |
| Amsted Industries, Inc.<sup>(a)</sup>  | Amsted Industries, Inc.<sup>(a)</sup>  | Amsted Industries, Inc.<sup>(a)</sup>  | Amsted Industries, Inc.<sup>(a)</sup>  |
| 03/15/2033 | &nbsp;&nbsp; 6.375% | 554000 | &nbsp;&nbsp; 568459 |
| Carrier Global Corp. | Carrier Global Corp. | Carrier Global Corp. | Carrier Global Corp. |
| 02/15/2030 | &nbsp;&nbsp; 2.722% | 16226000 | &nbsp;&nbsp; 15236256 |
| Chart Industries, Inc.<sup>(a)</sup>  | Chart Industries, Inc.<sup>(a)</sup>  | Chart Industries, Inc.<sup>(a)</sup>  | Chart Industries, Inc.<sup>(a)</sup>  |
| 01/01/2030 | &nbsp;&nbsp; 7.500% | 1355000 | &nbsp;&nbsp; 1418767 |
| Emerald Debt Merger Sub LLC<sup>(a)</sup>  | Emerald Debt Merger Sub LLC<sup>(a)</sup>  | Emerald Debt Merger Sub LLC<sup>(a)</sup>  | Emerald Debt Merger Sub LLC<sup>(a)</sup>  |
| 12/15/2030 | &nbsp;&nbsp; 6.625% | 7652000 | &nbsp;&nbsp; 7861012 |
| EMRLD Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  | EMRLD Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  | EMRLD Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  | EMRLD Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  |
| 07/15/2031 | &nbsp;&nbsp; 6.750% | 1526000 | &nbsp;&nbsp; 1579519 |
| Esab Corp.<sup>(a)</sup>  | Esab Corp.<sup>(a)</sup>  | Esab Corp.<sup>(a)</sup>  | Esab Corp.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 6.250% | 1153000 | &nbsp;&nbsp; 1185617 |
| Gates Corp. (The)<sup>(a)</sup>  | Gates Corp. (The)<sup>(a)</sup>  | Gates Corp. (The)<sup>(a)</sup>  | Gates Corp. (The)<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 6.875% | 1888000 | &nbsp;&nbsp; 1963548 |
| Madison IAQ LLC<sup>(a)</sup>  | Madison IAQ LLC<sup>(a)</sup>  | Madison IAQ LLC<sup>(a)</sup>  | Madison IAQ LLC<sup>(a)</sup>  |
| 06/30/2029 | &nbsp;&nbsp; 5.875% | 4084000 | &nbsp;&nbsp; 4038783 |
| Resideo Funding, Inc.<sup>(a)</sup>  | Resideo Funding, Inc.<sup>(a)</sup>  | Resideo Funding, Inc.<sup>(a)</sup>  | Resideo Funding, Inc.<sup>(a)</sup>  |
| 09/01/2029 | &nbsp;&nbsp; 4.000% | 3005000 | &nbsp;&nbsp; 2879556 |
| Vertical US Newco, Inc.<sup>(a)</sup>  | Vertical US Newco, Inc.<sup>(a)</sup>  | Vertical US Newco, Inc.<sup>(a)</sup>  | Vertical US Newco, Inc.<sup>(a)</sup>  |
| 07/15/2027 | &nbsp;&nbsp; 5.250% | 1598000 | &nbsp;&nbsp; 1592825 |
| Wesco Distribution, Inc.<sup>(a)</sup>  | Wesco Distribution, Inc.<sup>(a)</sup>  | Wesco Distribution, Inc.<sup>(a)</sup>  | Wesco Distribution, Inc.<sup>(a)</sup>  |
| 03/15/2033 | &nbsp;&nbsp; 6.375% | 1163000 | &nbsp;&nbsp; 1205540 |
| WESCO Distribution, Inc.<sup>(a)</sup>  | WESCO Distribution, Inc.<sup>(a)</sup>  | WESCO Distribution, Inc.<sup>(a)</sup>  | WESCO Distribution, Inc.<sup>(a)</sup>  |
| 06/15/2028 | &nbsp;&nbsp; 7.250% | 3427000 | &nbsp;&nbsp; 3478352 |
| 03/15/2029 | &nbsp;&nbsp; 6.375% | 2103000 | &nbsp;&nbsp; 2167550 |
| 03/15/2032 | &nbsp;&nbsp; 6.625% | 2702000 | &nbsp;&nbsp; 2809838 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **47985622** |
| **Electric 1.7%** | **Electric 1.7%** | **Electric 1.7%** | **Electric 1.7%** |
| AEP Texas, Inc. | AEP Texas, Inc. | AEP Texas, Inc. | AEP Texas, Inc. |
| 01/15/2050 | &nbsp;&nbsp; 3.450% | 4245000 | &nbsp;&nbsp; 2867172 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Alpha Generation LLC<sup>(a)</sup>  | Alpha Generation LLC<sup>(a)</sup>  | Alpha Generation LLC<sup>(a)</sup>  | Alpha Generation LLC<sup>(a)</sup>  |
| 10/15/2032 | &nbsp;&nbsp; 6.750% | 1428000 | &nbsp;&nbsp; 1474041 |
| California Buyer Ltd./Atlantica Sustainable Infrastructure PLC<sup>(a)</sup>  | California Buyer Ltd./Atlantica Sustainable Infrastructure PLC<sup>(a)</sup>  | California Buyer Ltd./Atlantica Sustainable Infrastructure PLC<sup>(a)</sup>  | California Buyer Ltd./Atlantica Sustainable Infrastructure PLC<sup>(a)</sup>  |
| 02/15/2032 | &nbsp;&nbsp; 6.375% | 2603000 | &nbsp;&nbsp; 2633835 |
| Calpine Corp.<sup>(a)</sup>  | Calpine Corp.<sup>(a)</sup>  | Calpine Corp.<sup>(a)</sup>  | Calpine Corp.<sup>(a)</sup>  |
| 02/15/2028 | &nbsp;&nbsp; 4.500% | 2035000 | &nbsp;&nbsp; 2016266 |
| Clearway Energy Operating LLC<sup>(a)</sup>  | Clearway Energy Operating LLC<sup>(a)</sup>  | Clearway Energy Operating LLC<sup>(a)</sup>  | Clearway Energy Operating LLC<sup>(a)</sup>  |
| 03/15/2028 | &nbsp;&nbsp; 4.750% | 910000 | &nbsp;&nbsp; 899503 |
| 02/15/2031 | &nbsp;&nbsp; 3.750% | 4205000 | &nbsp;&nbsp; 3867729 |
| 01/15/2032 | &nbsp;&nbsp; 3.750% | 3452000 | &nbsp;&nbsp; 3105129 |
| DTE Energy Co. | DTE Energy Co. | DTE Energy Co. | DTE Energy Co. |
| 07/01/2027 | &nbsp;&nbsp; 4.950% | 8485000 | &nbsp;&nbsp; 8595313 |
| Edison International | Edison International | Edison International | Edison International |
| 11/15/2028 | &nbsp;&nbsp; 5.250% | 7553000 | &nbsp;&nbsp; 7630454 |
| Leeward Renewable Energy Operations LLC<sup>(a)</sup>  | Leeward Renewable Energy Operations LLC<sup>(a)</sup>  | Leeward Renewable Energy Operations LLC<sup>(a)</sup>  | Leeward Renewable Energy Operations LLC<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 4.250% | 1411000 | &nbsp;&nbsp; 1328161 |
| Long Ridge Energy LLC<sup>(a)</sup>  | Long Ridge Energy LLC<sup>(a)</sup>  | Long Ridge Energy LLC<sup>(a)</sup>  | Long Ridge Energy LLC<sup>(a)</sup>  |
| 02/15/2032 | &nbsp;&nbsp; 8.750% | 2970000 | &nbsp;&nbsp; 3075449 |
| NextEra Energy Operating Partners LP<sup>(a)</sup>  | NextEra Energy Operating Partners LP<sup>(a)</sup>  | NextEra Energy Operating Partners LP<sup>(a)</sup>  | NextEra Energy Operating Partners LP<sup>(a)</sup>  |
| 10/15/2026 | &nbsp;&nbsp; 3.875% | 603000 | &nbsp;&nbsp; 593564 |
| 09/15/2027 | &nbsp;&nbsp; 4.500% | 5544000 | &nbsp;&nbsp; 5438633 |
| 01/15/2029 | &nbsp;&nbsp; 7.250% | 4566000 | &nbsp;&nbsp; 4664555 |
| NRG Energy, Inc. | NRG Energy, Inc. | NRG Energy, Inc. | NRG Energy, Inc. |
| 01/15/2028 | &nbsp;&nbsp; 5.750% | 1251000 | &nbsp;&nbsp; 1254564 |
| NRG Energy, Inc.<sup>(a)</sup>  | NRG Energy, Inc.<sup>(a)</sup>  | NRG Energy, Inc.<sup>(a)</sup>  | NRG Energy, Inc.<sup>(a)</sup>  |
| 02/15/2029 | &nbsp;&nbsp; 3.375% | 1229000 | &nbsp;&nbsp; 1165507 |
| 06/15/2029 | &nbsp;&nbsp; 5.250% | 2719000 | &nbsp;&nbsp; 2709823 |
| 07/15/2029 | &nbsp;&nbsp; 5.750% | 1030000 | &nbsp;&nbsp; 1033067 |
| 02/15/2032 | &nbsp;&nbsp; 3.875% | 3750000 | &nbsp;&nbsp; 3450891 |
| 02/01/2033 | &nbsp;&nbsp; 6.000% | 1981000 | &nbsp;&nbsp; 2009655 |
| 11/01/2034 | &nbsp;&nbsp; 6.250% | 2574000 | &nbsp;&nbsp; 2639870 |
| Pacific Gas and Electric Co. | Pacific Gas and Electric Co. | Pacific Gas and Electric Co. | Pacific Gas and Electric Co. |
| 07/01/2050 | &nbsp;&nbsp; 4.950% | 8005000 | &nbsp;&nbsp; 6624518 |
| Pattern Energy Operations LP/Inc.<sup>(a)</sup>  | Pattern Energy Operations LP/Inc.<sup>(a)</sup>  | Pattern Energy Operations LP/Inc.<sup>(a)</sup>  | Pattern Energy Operations LP/Inc.<sup>(a)</sup>  |
| 08/15/2028 | &nbsp;&nbsp; 4.500% | 1390000 | &nbsp;&nbsp; 1354482 |
| PG&E Corp. | PG&E Corp. | PG&E Corp. | PG&E Corp. |
| 07/01/2028 | &nbsp;&nbsp; 5.000% | 1596000 | &nbsp;&nbsp; 1578330 |
| PG&E Corp.<sup>(h)</sup>  | PG&E Corp.<sup>(h)</sup>  | PG&E Corp.<sup>(h)</sup>  | PG&E Corp.<sup>(h)</sup>  |
| 03/15/2055 | &nbsp;&nbsp; 7.375% | 1919000 | &nbsp;&nbsp; 1903726 |
| TerraForm Power Operating LLC<sup>(a)</sup>  | TerraForm Power Operating LLC<sup>(a)</sup>  | TerraForm Power Operating LLC<sup>(a)</sup>  | TerraForm Power Operating LLC<sup>(a)</sup>  |
| 01/31/2028 | &nbsp;&nbsp; 5.000% | 1334000 | &nbsp;&nbsp; 1322342 |
| 01/15/2030 | &nbsp;&nbsp; 4.750% | 5930000 | &nbsp;&nbsp; 5718209 |
| Vistra Operations Co. LLC<sup>(a)</sup>  | Vistra Operations Co. LLC<sup>(a)</sup>  | Vistra Operations Co. LLC<sup>(a)</sup>  | Vistra Operations Co. LLC<sup>(a)</sup>  |
| 09/01/2026 | &nbsp;&nbsp; 5.500% | 2613000 | &nbsp;&nbsp; 2614630 |
| 02/15/2027 | &nbsp;&nbsp; 5.625% | 3311000 | &nbsp;&nbsp; 3309945 |
| 07/31/2027 | &nbsp;&nbsp; 5.000% | 1280000 | &nbsp;&nbsp; 1277190 |
| 05/01/2029 | &nbsp;&nbsp; 4.375% | 1350000 | &nbsp;&nbsp; 1320290 |
| 10/15/2031 | &nbsp;&nbsp; 7.750% | 3834000 | &nbsp;&nbsp; 4074567 |
| 04/15/2032 | &nbsp;&nbsp; 6.875% | 1408000 | &nbsp;&nbsp; 1476875 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| XPLR Infrastructure Operating Partners LP<sup>(a)</sup>  | XPLR Infrastructure Operating Partners LP<sup>(a)</sup>  | XPLR Infrastructure Operating Partners LP<sup>(a)</sup>  | XPLR Infrastructure Operating Partners LP<sup>(a)</sup>  |
| 01/15/2031 | &nbsp;&nbsp; 8.375% | 2256000 | &nbsp;&nbsp; 2360351 |
| 03/15/2033 | &nbsp;&nbsp; 8.625% | 3776000 | &nbsp;&nbsp; 3992004 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **101380640** |
| **Environmental 0.1%** | **Environmental 0.1%** | **Environmental 0.1%** | **Environmental 0.1%** |
| GFL Environmental, Inc.<sup>(a)</sup>  | GFL Environmental, Inc.<sup>(a)</sup>  | GFL Environmental, Inc.<sup>(a)</sup>  | GFL Environmental, Inc.<sup>(a)</sup>  |
| 08/01/2028 | &nbsp;&nbsp; 4.000% | 2000000 | &nbsp;&nbsp; 1949426 |
| 01/15/2031 | &nbsp;&nbsp; 6.750% | 3195000 | &nbsp;&nbsp; 3338653 |
| Waste Pro USA, Inc.<sup>(a)</sup>  | Waste Pro USA, Inc.<sup>(a)</sup>  | Waste Pro USA, Inc.<sup>(a)</sup>  | Waste Pro USA, Inc.<sup>(a)</sup>  |
| 02/01/2033 | &nbsp;&nbsp; 7.000% | 3201000 | &nbsp;&nbsp; 3345741 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **8633820** |
| **Finance Companies 1.1%** | **Finance Companies 1.1%** | **Finance Companies 1.1%** | **Finance Companies 1.1%** |
| GGAM Finance Ltd.<sup>(a)</sup>  | GGAM Finance Ltd.<sup>(a)</sup>  | GGAM Finance Ltd.<sup>(a)</sup>  | GGAM Finance Ltd.<sup>(a)</sup>  |
| 02/15/2027 | &nbsp;&nbsp; 8.000% | 2781000 | &nbsp;&nbsp; 2854829 |
| 04/15/2029 | &nbsp;&nbsp; 6.875% | 1579000 | &nbsp;&nbsp; 1635003 |
| 03/15/2030 | &nbsp;&nbsp; 5.875% | 2325000 | &nbsp;&nbsp; 2354338 |
| goeasy Ltd.<sup>(a)</sup>  | goeasy Ltd.<sup>(a)</sup>  | goeasy Ltd.<sup>(a)</sup>  | goeasy Ltd.<sup>(a)</sup>  |
| 12/01/2028 | &nbsp;&nbsp; 9.250% | 225000 | &nbsp;&nbsp; 236789 |
| 07/01/2029 | &nbsp;&nbsp; 7.625% | 766000 | &nbsp;&nbsp; 793099 |
| Navient Corp. | Navient Corp. | Navient Corp. | Navient Corp. |
| 03/15/2027 | &nbsp;&nbsp; 5.000% | 2610000 | &nbsp;&nbsp; 2591476 |
| 03/15/2029 | &nbsp;&nbsp; 5.500% | 1093000 | &nbsp;&nbsp; 1079889 |
| 03/15/2031 | &nbsp;&nbsp; 11.500% | 1757000 | &nbsp;&nbsp; 1986282 |
| 08/01/2033 | &nbsp;&nbsp; 5.625% | 3225000 | &nbsp;&nbsp; 2943192 |
| OneMain Finance Corp. | OneMain Finance Corp. | OneMain Finance Corp. | OneMain Finance Corp. |
| 05/15/2029 | &nbsp;&nbsp; 6.625% | 3362000 | &nbsp;&nbsp; 3461010 |
| 03/15/2030 | &nbsp;&nbsp; 7.875% | 2502000 | &nbsp;&nbsp; 2647863 |
| 09/15/2030 | &nbsp;&nbsp; 4.000% | 1882000 | &nbsp;&nbsp; 1740289 |
| 05/15/2031 | &nbsp;&nbsp; 7.500% | 1847000 | &nbsp;&nbsp; 1936602 |
| 11/15/2031 | &nbsp;&nbsp; 7.125% | 817000 | &nbsp;&nbsp; 848857 |
| 03/15/2032 | &nbsp;&nbsp; 6.750% | 1330000 | &nbsp;&nbsp; 1362286 |
| 09/15/2032 | &nbsp;&nbsp; 7.125% | 2736000 | &nbsp;&nbsp; 2848284 |
| Provident Funding Associates LP/PFG Finance Corp.<sup>(a)</sup>  | Provident Funding Associates LP/PFG Finance Corp.<sup>(a)</sup>  | Provident Funding Associates LP/PFG Finance Corp.<sup>(a)</sup>  | Provident Funding Associates LP/PFG Finance Corp.<sup>(a)</sup>  |
| 09/15/2029 | &nbsp;&nbsp; 9.750% | 7274000 | &nbsp;&nbsp; 7639399 |
| Rocket Cos, Inc.<sup>(a)</sup>  | Rocket Cos, Inc.<sup>(a)</sup>  | Rocket Cos, Inc.<sup>(a)</sup>  | Rocket Cos, Inc.<sup>(a)</sup>  |
| 08/01/2030 | &nbsp;&nbsp; 6.125% | 1432000 | &nbsp;&nbsp; 1473610 |
| 08/01/2033 | &nbsp;&nbsp; 6.375% | 1826000 | &nbsp;&nbsp; 1894885 |
| Rocket Mortgage LLC/Co-Issuer, Inc.<sup>(a)</sup>  | Rocket Mortgage LLC/Co-Issuer, Inc.<sup>(a)</sup>  | Rocket Mortgage LLC/Co-Issuer, Inc.<sup>(a)</sup>  | Rocket Mortgage LLC/Co-Issuer, Inc.<sup>(a)</sup>  |
| 03/01/2031 | &nbsp;&nbsp; 3.875% | 3811000 | &nbsp;&nbsp; 3563220 |
| 10/15/2033 | &nbsp;&nbsp; 4.000% | 11040000 | &nbsp;&nbsp; 9963279 |
| Springleaf Finance Corp. | Springleaf Finance Corp. | Springleaf Finance Corp. | Springleaf Finance Corp. |
| 11/15/2029 | &nbsp;&nbsp; 5.375% | 169000 | &nbsp;&nbsp; 167398 |
| United Wholesale Mortgage LLC<sup>(a)</sup>  | United Wholesale Mortgage LLC<sup>(a)</sup>  | United Wholesale Mortgage LLC<sup>(a)</sup>  | United Wholesale Mortgage LLC<sup>(a)</sup>  |
| 11/15/2025 | &nbsp;&nbsp; 5.500% | 1435000 | &nbsp;&nbsp; 1433206 |
| 06/15/2027 | &nbsp;&nbsp; 5.750% | 2863000 | &nbsp;&nbsp; 2858363 |
| 04/15/2029 | &nbsp;&nbsp; 5.500% | 3544000 | &nbsp;&nbsp; 3492821 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| UWM Holdings LLC<sup>(a)</sup>  | UWM Holdings LLC<sup>(a)</sup>  | UWM Holdings LLC<sup>(a)</sup>  | UWM Holdings LLC<sup>(a)</sup>  |
| 02/01/2030 | &nbsp;&nbsp; 6.625% | 3760000 | &nbsp;&nbsp; 3820367 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **67626636** |
| **Food and Beverage 1.6%** | **Food and Beverage 1.6%** | **Food and Beverage 1.6%** | **Food and Beverage 1.6%** |
| Bacardi Ltd.<sup>(a)</sup>  | Bacardi Ltd.<sup>(a)</sup>  | Bacardi Ltd.<sup>(a)</sup>  | Bacardi Ltd.<sup>(a)</sup>  |
| 05/15/2028 | &nbsp;&nbsp; 4.700% | 2526000 | &nbsp;&nbsp; 2546355 |
| 05/15/2048 | &nbsp;&nbsp; 5.300% | 13677000 | &nbsp;&nbsp; 12095770 |
| Bacardi Ltd./Bacardi-Martini BV<sup>(a)</sup>  | Bacardi Ltd./Bacardi-Martini BV<sup>(a)</sup>  | Bacardi Ltd./Bacardi-Martini BV<sup>(a)</sup>  | Bacardi Ltd./Bacardi-Martini BV<sup>(a)</sup>  |
| 06/15/2033 | &nbsp;&nbsp; 5.400% | 25055000 | &nbsp;&nbsp; 25171940 |
| Chobani Holdco II LLC<sup>(a),(g)</sup>  | Chobani Holdco II LLC<sup>(a),(g)</sup>  | Chobani Holdco II LLC<sup>(a),(g)</sup>  | Chobani Holdco II LLC<sup>(a),(g)</sup>  |
| 10/01/2029 | &nbsp;&nbsp; 8.750% | 4998042 | &nbsp;&nbsp; 5385669 |
| Chobani LLC/Finance Corp., Inc.<sup>(a)</sup>  | Chobani LLC/Finance Corp., Inc.<sup>(a)</sup>  | Chobani LLC/Finance Corp., Inc.<sup>(a)</sup>  | Chobani LLC/Finance Corp., Inc.<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 7.625% | 2923000 | &nbsp;&nbsp; 3050768 |
| Constellation Brands, Inc. | Constellation Brands, Inc. | Constellation Brands, Inc. | Constellation Brands, Inc. |
| 08/01/2029 | &nbsp;&nbsp; 3.150% | 4232000 | &nbsp;&nbsp; 4056744 |
| Darling Ingredients, Inc.<sup>(a)</sup>  | Darling Ingredients, Inc.<sup>(a)</sup>  | Darling Ingredients, Inc.<sup>(a)</sup>  | Darling Ingredients, Inc.<sup>(a)</sup>  |
| 04/15/2027 | &nbsp;&nbsp; 5.250% | 2845000 | &nbsp;&nbsp; 2838810 |
| General Mills, Inc. | General Mills, Inc. | General Mills, Inc. | General Mills, Inc. |
| 01/30/2027 | &nbsp;&nbsp; 4.700% | 4450000 | &nbsp;&nbsp; 4478522 |
| Lamb Weston Holdings, Inc.<sup>(a)</sup>  | Lamb Weston Holdings, Inc.<sup>(a)</sup>  | Lamb Weston Holdings, Inc.<sup>(a)</sup>  | Lamb Weston Holdings, Inc.<sup>(a)</sup>  |
| 05/15/2028 | &nbsp;&nbsp; 4.875% | 893000 | &nbsp;&nbsp; 887540 |
| 01/31/2030 | &nbsp;&nbsp; 4.125% | 2124000 | &nbsp;&nbsp; 2037159 |
| Pepsico Singapore Financing I Pte Ltd. | Pepsico Singapore Financing I Pte Ltd. | Pepsico Singapore Financing I Pte Ltd. | Pepsico Singapore Financing I Pte Ltd. |
| 02/16/2027 | &nbsp;&nbsp; 4.650% | 5843000 | &nbsp;&nbsp; 5899201 |
| Performance Food Group, Inc.<sup>(a)</sup>  | Performance Food Group, Inc.<sup>(a)</sup>  | Performance Food Group, Inc.<sup>(a)</sup>  | Performance Food Group, Inc.<sup>(a)</sup>  |
| 09/15/2032 | &nbsp;&nbsp; 6.125% | 1143000 | &nbsp;&nbsp; 1171137 |
| Post Holdings, Inc.<sup>(a)</sup>  | Post Holdings, Inc.<sup>(a)</sup>  | Post Holdings, Inc.<sup>(a)</sup>  | Post Holdings, Inc.<sup>(a)</sup>  |
| 04/15/2030 | &nbsp;&nbsp; 4.625% | 1287000 | &nbsp;&nbsp; 1240798 |
| 09/15/2031 | &nbsp;&nbsp; 4.500% | 6210000 | &nbsp;&nbsp; 5791830 |
| 02/15/2032 | &nbsp;&nbsp; 6.250% | 1824000 | &nbsp;&nbsp; 1874110 |
| Primo Water Holdings, Inc./Triton Water Holdings, Inc.<sup>(a)</sup>  | Primo Water Holdings, Inc./Triton Water Holdings, Inc.<sup>(a)</sup>  | Primo Water Holdings, Inc./Triton Water Holdings, Inc.<sup>(a)</sup>  | Primo Water Holdings, Inc./Triton Water Holdings, Inc.<sup>(a)</sup>  |
| 04/01/2029 | &nbsp;&nbsp; 6.250% | 3257000 | &nbsp;&nbsp; 3273027 |
| 04/30/2029 | &nbsp;&nbsp; 4.375% | 3350000 | &nbsp;&nbsp; 3235657 |
| Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed<sup>(a)</sup>  | Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed<sup>(a)</sup>  | Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed<sup>(a)</sup>  | Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed<sup>(a)</sup>  |
| 03/01/2029 | &nbsp;&nbsp; 4.625% | 4138000 | &nbsp;&nbsp; 3971215 |
| US Foods, Inc.<sup>(a)</sup>  | US Foods, Inc.<sup>(a)</sup>  | US Foods, Inc.<sup>(a)</sup>  | US Foods, Inc.<sup>(a)</sup>  |
| 09/15/2028 | &nbsp;&nbsp; 6.875% | 1558000 | &nbsp;&nbsp; 1606513 |
| 02/15/2029 | &nbsp;&nbsp; 4.750% | 967000 | &nbsp;&nbsp; 952840 |
| 06/01/2030 | &nbsp;&nbsp; 4.625% | 3348000 | &nbsp;&nbsp; 3264171 |
| 01/15/2032 | &nbsp;&nbsp; 7.250% | 1450000 | &nbsp;&nbsp; 1521328 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **96351104** |
| **Gaming 0.7%** | **Gaming 0.7%** | **Gaming 0.7%** | **Gaming 0.7%** |
| Boyd Gaming Corp. | Boyd Gaming Corp. | Boyd Gaming Corp. | Boyd Gaming Corp. |
| 12/01/2027 | &nbsp;&nbsp; 4.750% | 1974000 | &nbsp;&nbsp; 1962268 |
| Boyd Gaming Corp.<sup>(a)</sup>  | Boyd Gaming Corp.<sup>(a)</sup>  | Boyd Gaming Corp.<sup>(a)</sup>  | Boyd Gaming Corp.<sup>(a)</sup>  |
| 06/15/2031 | &nbsp;&nbsp; 4.750% | 1622000 | &nbsp;&nbsp; 1561794 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Caesars Entertainment, Inc.<sup>(a)</sup>  | Caesars Entertainment, Inc.<sup>(a)</sup>  | Caesars Entertainment, Inc.<sup>(a)</sup>  | Caesars Entertainment, Inc.<sup>(a)</sup>  |
| 02/15/2030 | &nbsp;&nbsp; 7.000% | 2332000 | &nbsp;&nbsp; 2413099 |
| 02/15/2032 | &nbsp;&nbsp; 6.500% | 4045000 | &nbsp;&nbsp; 4147308 |
| 10/15/2032 | &nbsp;&nbsp; 6.000% | 1927000 | &nbsp;&nbsp; 1890253 |
| Churchill Downs, Inc.<sup>(a)</sup>  | Churchill Downs, Inc.<sup>(a)</sup>  | Churchill Downs, Inc.<sup>(a)</sup>  | Churchill Downs, Inc.<sup>(a)</sup>  |
| 01/15/2028 | &nbsp;&nbsp; 4.750% | 2174000 | &nbsp;&nbsp; 2152635 |
| 05/01/2031 | &nbsp;&nbsp; 6.750% | 1149000 | &nbsp;&nbsp; 1180667 |
| Light & Wonder International, Inc.<sup>(a)</sup>  | Light & Wonder International, Inc.<sup>(a)</sup>  | Light & Wonder International, Inc.<sup>(a)</sup>  | Light & Wonder International, Inc.<sup>(a)</sup>  |
| 09/01/2031 | &nbsp;&nbsp; 7.500% | 330000 | &nbsp;&nbsp; 344322 |
| MGM Resorts International | MGM Resorts International | MGM Resorts International | MGM Resorts International |
| 09/15/2029 | &nbsp;&nbsp; 6.125% | 1908000 | &nbsp;&nbsp; 1949212 |
| Midwest Gaming Borrower LLC<sup>(a)</sup>  | Midwest Gaming Borrower LLC<sup>(a)</sup>  | Midwest Gaming Borrower LLC<sup>(a)</sup>  | Midwest Gaming Borrower LLC<sup>(a)</sup>  |
| 05/01/2029 | &nbsp;&nbsp; 4.875% | 2730000 | &nbsp;&nbsp; 2640957 |
| Penn National Gaming, Inc.<sup>(a)</sup>  | Penn National Gaming, Inc.<sup>(a)</sup>  | Penn National Gaming, Inc.<sup>(a)</sup>  | Penn National Gaming, Inc.<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 4.125% | 4224000 | &nbsp;&nbsp; 3936133 |
| Rivers Enterprise Borrower LLC/Finance Corp.<sup>(a)</sup>  | Rivers Enterprise Borrower LLC/Finance Corp.<sup>(a)</sup>  | Rivers Enterprise Borrower LLC/Finance Corp.<sup>(a)</sup>  | Rivers Enterprise Borrower LLC/Finance Corp.<sup>(a)</sup>  |
| 02/01/2033 | &nbsp;&nbsp; 6.625% | 5384000 | &nbsp;&nbsp; 5448213 |
| Scientific Games Holdings LP/US FinCo, Inc.<sup>(a)</sup>  | Scientific Games Holdings LP/US FinCo, Inc.<sup>(a)</sup>  | Scientific Games Holdings LP/US FinCo, Inc.<sup>(a)</sup>  | Scientific Games Holdings LP/US FinCo, Inc.<sup>(a)</sup>  |
| 03/01/2030 | &nbsp;&nbsp; 6.625% | 9301000 | &nbsp;&nbsp; 8928593 |
| Scientific Games International, Inc.<sup>(a)</sup>  | Scientific Games International, Inc.<sup>(a)</sup>  | Scientific Games International, Inc.<sup>(a)</sup>  | Scientific Games International, Inc.<sup>(a)</sup>  |
| 11/15/2029 | &nbsp;&nbsp; 7.250% | 2450000 | &nbsp;&nbsp; 2511940 |
| Voyager Parent LLC<sup>(a)</sup>  | Voyager Parent LLC<sup>(a)</sup>  | Voyager Parent LLC<sup>(a)</sup>  | Voyager Parent LLC<sup>(a)</sup>  |
| 07/01/2032 | &nbsp;&nbsp; 9.250% | 2717000 | &nbsp;&nbsp; 2867962 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **43935356** |
| **Health Care 2.6%** | **Health Care 2.6%** | **Health Care 2.6%** | **Health Care 2.6%** |
| Acadia Healthcare Co., Inc.<sup>(a)</sup>  | Acadia Healthcare Co., Inc.<sup>(a)</sup>  | Acadia Healthcare Co., Inc.<sup>(a)</sup>  | Acadia Healthcare Co., Inc.<sup>(a)</sup>  |
| 07/01/2028 | &nbsp;&nbsp; 5.500% | 2108000 | &nbsp;&nbsp; 2096631 |
| 04/15/2029 | &nbsp;&nbsp; 5.000% | 4353000 | &nbsp;&nbsp; 4257182 |
| 03/15/2033 | &nbsp;&nbsp; 7.375% | 2422000 | &nbsp;&nbsp; 2524270 |
| Avantor Funding, Inc.<sup>(a)</sup>  | Avantor Funding, Inc.<sup>(a)</sup>  | Avantor Funding, Inc.<sup>(a)</sup>  | Avantor Funding, Inc.<sup>(a)</sup>  |
| 07/15/2028 | &nbsp;&nbsp; 4.625% | 1819000 | &nbsp;&nbsp; 1790214 |
| 11/01/2029 | &nbsp;&nbsp; 3.875% | 4861000 | &nbsp;&nbsp; 4619177 |
| Bausch & Lomb Escrow Corp.<sup>(a)</sup>  | Bausch & Lomb Escrow Corp.<sup>(a)</sup>  | Bausch & Lomb Escrow Corp.<sup>(a)</sup>  | Bausch & Lomb Escrow Corp.<sup>(a)</sup>  |
| 10/01/2028 | &nbsp;&nbsp; 8.375% | 2463000 | &nbsp;&nbsp; 2570132 |
| Charles River Laboratories International, Inc.<sup>(a)</sup>  | Charles River Laboratories International, Inc.<sup>(a)</sup>  | Charles River Laboratories International, Inc.<sup>(a)</sup>  | Charles River Laboratories International, Inc.<sup>(a)</sup>  |
| 05/01/2028 | &nbsp;&nbsp; 4.250% | 455000 | &nbsp;&nbsp; 444757 |
| 03/15/2029 | &nbsp;&nbsp; 3.750% | 1124000 | &nbsp;&nbsp; 1066166 |
| 03/15/2031 | &nbsp;&nbsp; 4.000% | 975000 | &nbsp;&nbsp; 903211 |
| CHS/Community Health Systems, Inc.<sup>(a)</sup>  | CHS/Community Health Systems, Inc.<sup>(a)</sup>  | CHS/Community Health Systems, Inc.<sup>(a)</sup>  | CHS/Community Health Systems, Inc.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 6.875% | 2281000 | &nbsp;&nbsp; 1833323 |
| 05/15/2030 | &nbsp;&nbsp; 5.250% | 4449000 | &nbsp;&nbsp; 3988183 |
| 02/15/2031 | &nbsp;&nbsp; 4.750% | 2397000 | &nbsp;&nbsp; 2040176 |
| 01/15/2032 | &nbsp;&nbsp; 10.875% | 1005000 | &nbsp;&nbsp; 1064184 |
| Concentra Escrow Issuer Corp.<sup>(a)</sup>  | Concentra Escrow Issuer Corp.<sup>(a)</sup>  | Concentra Escrow Issuer Corp.<sup>(a)</sup>  | Concentra Escrow Issuer Corp.<sup>(a)</sup>  |
| 07/15/2032 | &nbsp;&nbsp; 6.875% | 6249000 | &nbsp;&nbsp; 6480423 |
| CVS Health Corp. | CVS Health Corp. | CVS Health Corp. | CVS Health Corp. |
| 03/25/2038 | &nbsp;&nbsp; 4.780% | 6770000 | &nbsp;&nbsp; 6237249 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| DaVita, Inc.<sup>(a)</sup>  | DaVita, Inc.<sup>(a)</sup>  | DaVita, Inc.<sup>(a)</sup>  | DaVita, Inc.<sup>(a)</sup>  |
| 07/15/2033 | &nbsp;&nbsp; 6.750% | 2036000 | &nbsp;&nbsp; 2107825 |
| GE HealthCare Technologies, Inc. | GE HealthCare Technologies, Inc. | GE HealthCare Technologies, Inc. | GE HealthCare Technologies, Inc. |
| 11/15/2027 | &nbsp;&nbsp; 5.650% | 18980000 | &nbsp;&nbsp; 19563611 |
| HCA, Inc. | HCA, Inc. | HCA, Inc. | HCA, Inc. |
| 02/01/2029 | &nbsp;&nbsp; 5.875% | 2135000 | &nbsp;&nbsp; 2224218 |
| 09/01/2030 | &nbsp;&nbsp; 3.500% | 26539000 | &nbsp;&nbsp; 25305415 |
| Indigo Merger Sub, Inc.<sup>(a)</sup>  | Indigo Merger Sub, Inc.<sup>(a)</sup>  | Indigo Merger Sub, Inc.<sup>(a)</sup>  | Indigo Merger Sub, Inc.<sup>(a)</sup>  |
| 07/15/2026 | &nbsp;&nbsp; 2.875% | 499000 | &nbsp;&nbsp; 489429 |
| IQVIA, Inc.<sup>(a)</sup>  | IQVIA, Inc.<sup>(a)</sup>  | IQVIA, Inc.<sup>(a)</sup>  | IQVIA, Inc.<sup>(a)</sup>  |
| 10/15/2026 | &nbsp;&nbsp; 5.000% | 823000 | &nbsp;&nbsp; 822516 |
| 05/15/2027 | &nbsp;&nbsp; 5.000% | 1864000 | &nbsp;&nbsp; 1858530 |
| 05/15/2030 | &nbsp;&nbsp; 6.500% | 993000 | &nbsp;&nbsp; 1030097 |
| 06/01/2032 | &nbsp;&nbsp; 6.250% | 3389000 | &nbsp;&nbsp; 3495319 |
| LifePoint Health, Inc.<sup>(a)</sup>  | LifePoint Health, Inc.<sup>(a)</sup>  | LifePoint Health, Inc.<sup>(a)</sup>  | LifePoint Health, Inc.<sup>(a)</sup>  |
| 10/15/2030 | &nbsp;&nbsp; 11.000% | 3358000 | &nbsp;&nbsp; 3701698 |
| Medline Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  | Medline Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  | Medline Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  | Medline Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  |
| 04/01/2029 | &nbsp;&nbsp; 6.250% | 2131000 | &nbsp;&nbsp; 2190693 |
| Mozart Debt Merger Sub, Inc.<sup>(a)</sup>  | Mozart Debt Merger Sub, Inc.<sup>(a)</sup>  | Mozart Debt Merger Sub, Inc.<sup>(a)</sup>  | Mozart Debt Merger Sub, Inc.<sup>(a)</sup>  |
| 04/01/2029 | &nbsp;&nbsp; 3.875% | 2870000 | &nbsp;&nbsp; 2757688 |
| 10/01/2029 | &nbsp;&nbsp; 5.250% | 6635000 | &nbsp;&nbsp; 6571714 |
| Select Medical Corp.<sup>(a)</sup>  | Select Medical Corp.<sup>(a)</sup>  | Select Medical Corp.<sup>(a)</sup>  | Select Medical Corp.<sup>(a)</sup>  |
| 12/01/2032 | &nbsp;&nbsp; 6.250% | 3257000 | &nbsp;&nbsp; 3274017 |
| Star Parent, Inc.<sup>(a)</sup>  | Star Parent, Inc.<sup>(a)</sup>  | Star Parent, Inc.<sup>(a)</sup>  | Star Parent, Inc.<sup>(a)</sup>  |
| 10/01/2030 | &nbsp;&nbsp; 9.000% | 6682000 | &nbsp;&nbsp; 7081547 |
| Surgery Center Holdings, Inc.<sup>(a)</sup>  | Surgery Center Holdings, Inc.<sup>(a)</sup>  | Surgery Center Holdings, Inc.<sup>(a)</sup>  | Surgery Center Holdings, Inc.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 7.250% | 6120000 | &nbsp;&nbsp; 6347239 |
| Tenet Healthcare Corp. | Tenet Healthcare Corp. | Tenet Healthcare Corp. | Tenet Healthcare Corp. |
| 02/01/2027 | &nbsp;&nbsp; 6.250% | 3617000 | &nbsp;&nbsp; 3619135 |
| 11/01/2027 | &nbsp;&nbsp; 5.125% | 2981000 | &nbsp;&nbsp; 2973424 |
| 10/01/2028 | &nbsp;&nbsp; 6.125% | 2640000 | &nbsp;&nbsp; 2642747 |
| 01/15/2030 | &nbsp;&nbsp; 4.375% | 6601000 | &nbsp;&nbsp; 6405761 |
| 05/15/2031 | &nbsp;&nbsp; 6.750% | 6531000 | &nbsp;&nbsp; 6786988 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **153164889** |
| **Healthcare Insurance 0.6%** | **Healthcare Insurance 0.6%** | **Healthcare Insurance 0.6%** | **Healthcare Insurance 0.6%** |
| Centene Corp. | Centene Corp. | Centene Corp. | Centene Corp. |
| 10/15/2030 | &nbsp;&nbsp; 3.000% | 26231000 | &nbsp;&nbsp; 23192847 |
| UnitedHealth Group, Inc. | UnitedHealth Group, Inc. | UnitedHealth Group, Inc. | UnitedHealth Group, Inc. |
| 01/15/2031 | &nbsp;&nbsp; 4.650% | 10636000 | &nbsp;&nbsp; 10774517 |
| 04/15/2054 | &nbsp;&nbsp; 5.375% | 4300000 | &nbsp;&nbsp; 3959660 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **37927024** |
| **Home Construction 0.1%** | **Home Construction 0.1%** | **Home Construction 0.1%** | **Home Construction 0.1%** |
| Shea Homes LP/Funding Corp. | Shea Homes LP/Funding Corp. | Shea Homes LP/Funding Corp. | Shea Homes LP/Funding Corp. |
| 02/15/2028 | &nbsp;&nbsp; 4.750% | 3237000 | &nbsp;&nbsp; 3195831 |
| 04/01/2029 | &nbsp;&nbsp; 4.750% | 805000 | &nbsp;&nbsp; 784490 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Taylor Morrison Communities, Inc.<sup>(a)</sup>  | Taylor Morrison Communities, Inc.<sup>(a)</sup>  | Taylor Morrison Communities, Inc.<sup>(a)</sup>  | Taylor Morrison Communities, Inc.<sup>(a)</sup>  |
| 01/15/2028 | &nbsp;&nbsp; 5.750% | 1294000 | &nbsp;&nbsp; 1311998 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **5292319** |
| **Independent Energy 1.3%** | **Independent Energy 1.3%** | **Independent Energy 1.3%** | **Independent Energy 1.3%** |
| APA Corp.<sup>(a)</sup>  | APA Corp.<sup>(a)</sup>  | APA Corp.<sup>(a)</sup>  | APA Corp.<sup>(a)</sup>  |
| 02/15/2055 | &nbsp;&nbsp; 6.750% | 1019000 | &nbsp;&nbsp; 967261 |
| Baytex Energy Corp.<sup>(a)</sup>  | Baytex Energy Corp.<sup>(a)</sup>  | Baytex Energy Corp.<sup>(a)</sup>  | Baytex Energy Corp.<sup>(a)</sup>  |
| 04/30/2030 | &nbsp;&nbsp; 8.500% | 2826000 | &nbsp;&nbsp; 2886865 |
| 03/15/2032 | &nbsp;&nbsp; 7.375% | 5294000 | &nbsp;&nbsp; 5174007 |
| Civitas Resources, Inc.<sup>(a)</sup>  | Civitas Resources, Inc.<sup>(a)</sup>  | Civitas Resources, Inc.<sup>(a)</sup>  | Civitas Resources, Inc.<sup>(a)</sup>  |
| 07/01/2028 | &nbsp;&nbsp; 8.375% | 2936000 | &nbsp;&nbsp; 3047814 |
| 11/01/2030 | &nbsp;&nbsp; 8.625% | 1354000 | &nbsp;&nbsp; 1409510 |
| 07/01/2031 | &nbsp;&nbsp; 8.750% | 3710000 | &nbsp;&nbsp; 3817728 |
| 06/15/2033 | &nbsp;&nbsp; 9.625% | 3329000 | &nbsp;&nbsp; 3522178 |
| CNX Resources Corp.<sup>(a)</sup>  | CNX Resources Corp.<sup>(a)</sup>  | CNX Resources Corp.<sup>(a)</sup>  | CNX Resources Corp.<sup>(a)</sup>  |
| 01/15/2029 | &nbsp;&nbsp; 6.000% | 3110000 | &nbsp;&nbsp; 3116860 |
| 03/01/2032 | &nbsp;&nbsp; 7.250% | 1637000 | &nbsp;&nbsp; 1699106 |
| Colgate Energy Partners III LLC<sup>(a)</sup>  | Colgate Energy Partners III LLC<sup>(a)</sup>  | Colgate Energy Partners III LLC<sup>(a)</sup>  | Colgate Energy Partners III LLC<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 5.875% | 6862000 | &nbsp;&nbsp; 6863294 |
| Comstock Resources, Inc.<sup>(a)</sup>  | Comstock Resources, Inc.<sup>(a)</sup>  | Comstock Resources, Inc.<sup>(a)</sup>  | Comstock Resources, Inc.<sup>(a)</sup>  |
| 03/01/2029 | &nbsp;&nbsp; 6.750% | 1278000 | &nbsp;&nbsp; 1258336 |
| 01/15/2030 | &nbsp;&nbsp; 5.875% | 407000 | &nbsp;&nbsp; 381964 |
| Hilcorp Energy I LP/Finance Co.<sup>(a)</sup>  | Hilcorp Energy I LP/Finance Co.<sup>(a)</sup>  | Hilcorp Energy I LP/Finance Co.<sup>(a)</sup>  | Hilcorp Energy I LP/Finance Co.<sup>(a)</sup>  |
| 11/01/2028 | &nbsp;&nbsp; 6.250% | 2381000 | &nbsp;&nbsp; 2394162 |
| 04/15/2032 | &nbsp;&nbsp; 6.250% | 3281000 | &nbsp;&nbsp; 3145030 |
| 11/01/2033 | &nbsp;&nbsp; 8.375% | 2459000 | &nbsp;&nbsp; 2569659 |
| 02/15/2035 | &nbsp;&nbsp; 7.250% | 5407000 | &nbsp;&nbsp; 5286928 |
| Matador Resources Co.<sup>(a)</sup>  | Matador Resources Co.<sup>(a)</sup>  | Matador Resources Co.<sup>(a)</sup>  | Matador Resources Co.<sup>(a)</sup>  |
| 04/15/2028 | &nbsp;&nbsp; 6.875% | 1212000 | &nbsp;&nbsp; 1239944 |
| 04/15/2032 | &nbsp;&nbsp; 6.500% | 3197000 | &nbsp;&nbsp; 3244784 |
| 04/15/2033 | &nbsp;&nbsp; 6.250% | 5757000 | &nbsp;&nbsp; 5799243 |
| Occidental Petroleum Corp. | Occidental Petroleum Corp. | Occidental Petroleum Corp. | Occidental Petroleum Corp. |
| 08/01/2027 | &nbsp;&nbsp; 5.000% | 3276000 | &nbsp;&nbsp; 3310333 |
| 10/01/2054 | &nbsp;&nbsp; 6.050% | 3976000 | &nbsp;&nbsp; 3706129 |
| Permian Resources Operating LLC<sup>(a)</sup>  | Permian Resources Operating LLC<sup>(a)</sup>  | Permian Resources Operating LLC<sup>(a)</sup>  | Permian Resources Operating LLC<sup>(a)</sup>  |
| 01/15/2032 | &nbsp;&nbsp; 7.000% | 4570000 | &nbsp;&nbsp; 4734386 |
| 02/01/2033 | &nbsp;&nbsp; 6.250% | 1946000 | &nbsp;&nbsp; 1987085 |
| SM Energy Co.<sup>(a)</sup>  | SM Energy Co.<sup>(a)</sup>  | SM Energy Co.<sup>(a)</sup>  | SM Energy Co.<sup>(a)</sup>  |
| 08/01/2029 | &nbsp;&nbsp; 6.750% | 1965000 | &nbsp;&nbsp; 1984649 |
| 08/01/2032 | &nbsp;&nbsp; 7.000% | 2619000 | &nbsp;&nbsp; 2637865 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **76185120** |
| **Integrated Energy 0.3%** | **Integrated Energy 0.3%** | **Integrated Energy 0.3%** | **Integrated Energy 0.3%** |
| BP Capital Markets America, Inc. | BP Capital Markets America, Inc. | BP Capital Markets America, Inc. | BP Capital Markets America, Inc. |
| 11/17/2027 | &nbsp;&nbsp; 5.017% | 16270000 | &nbsp;&nbsp; 16604218 |
| **Leisure 0.6%** | **Leisure 0.6%** | **Leisure 0.6%** | **Leisure 0.6%** |
| Boyne USA, Inc.<sup>(a)</sup>  | Boyne USA, Inc.<sup>(a)</sup>  | Boyne USA, Inc.<sup>(a)</sup>  | Boyne USA, Inc.<sup>(a)</sup>  |
| 05/15/2029 | &nbsp;&nbsp; 4.750% | 722000 | &nbsp;&nbsp; 708749 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Carnival Corp.<sup>(a)</sup>  | Carnival Corp.<sup>(a)</sup>  | Carnival Corp.<sup>(a)</sup>  | Carnival Corp.<sup>(a)</sup>  |
| 03/15/2030 | &nbsp;&nbsp; 5.750% | 2619000 | &nbsp;&nbsp; 2683167 |
| 08/01/2032 | &nbsp;&nbsp; 5.750% | 5659000 | &nbsp;&nbsp; 5753184 |
| 02/15/2033 | &nbsp;&nbsp; 6.125% | 2523000 | &nbsp;&nbsp; 2592556 |
| Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium <br> Op | Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium <br> Op | Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium <br> Op | Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium <br> Op |
| 04/15/2027 | &nbsp;&nbsp; 5.375% | 551000 | &nbsp;&nbsp; 549536 |
| 10/01/2028 | &nbsp;&nbsp; 6.500% | 782000 | &nbsp;&nbsp; 786226 |
| Cinemark USA, Inc.<sup>(a)</sup>  | Cinemark USA, Inc.<sup>(a)</sup>  | Cinemark USA, Inc.<sup>(a)</sup>  | Cinemark USA, Inc.<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 7.000% | 785000 | &nbsp;&nbsp; 814303 |
| Live Nation Entertainment, Inc.<sup>(a)</sup>  | Live Nation Entertainment, Inc.<sup>(a)</sup>  | Live Nation Entertainment, Inc.<sup>(a)</sup>  | Live Nation Entertainment, Inc.<sup>(a)</sup>  |
| 03/15/2026 | &nbsp;&nbsp; 5.625% | 639000 | &nbsp;&nbsp; 639671 |
| NCL Corp., Ltd.<sup>(a)</sup>  | NCL Corp., Ltd.<sup>(a)</sup>  | NCL Corp., Ltd.<sup>(a)</sup>  | NCL Corp., Ltd.<sup>(a)</sup>  |
| 03/15/2026 | &nbsp;&nbsp; 5.875% | 276000 | &nbsp;&nbsp; 276345 |
| 02/15/2027 | &nbsp;&nbsp; 5.875% | 1143000 | &nbsp;&nbsp; 1145899 |
| 02/01/2032 | &nbsp;&nbsp; 6.750% | 2645000 | &nbsp;&nbsp; 2729081 |
| Six Flags Entertainment Corp.<sup>(a)</sup>  | Six Flags Entertainment Corp.<sup>(a)</sup>  | Six Flags Entertainment Corp.<sup>(a)</sup>  | Six Flags Entertainment Corp.<sup>(a)</sup>  |
| 05/15/2031 | &nbsp;&nbsp; 7.250% | 5186000 | &nbsp;&nbsp; 5212487 |
| Six Flags Entertainment Corp./Theme Parks, Inc.<sup>(a)</sup>  | Six Flags Entertainment Corp./Theme Parks, Inc.<sup>(a)</sup>  | Six Flags Entertainment Corp./Theme Parks, Inc.<sup>(a)</sup>  | Six Flags Entertainment Corp./Theme Parks, Inc.<sup>(a)</sup>  |
| 05/01/2032 | &nbsp;&nbsp; 6.625% | 2956000 | &nbsp;&nbsp; 3004492 |
| Vail Resorts, Inc.<sup>(a)</sup>  | Vail Resorts, Inc.<sup>(a)</sup>  | Vail Resorts, Inc.<sup>(a)</sup>  | Vail Resorts, Inc.<sup>(a)</sup>  |
| 05/15/2032 | &nbsp;&nbsp; 6.500% | 1584000 | &nbsp;&nbsp; 1640778 |
| Viking Cruises Ltd.<sup>(a)</sup>  | Viking Cruises Ltd.<sup>(a)</sup>  | Viking Cruises Ltd.<sup>(a)</sup>  | Viking Cruises Ltd.<sup>(a)</sup>  |
| 09/15/2027 | &nbsp;&nbsp; 5.875% | 2281000 | &nbsp;&nbsp; 2281775 |
| 02/15/2029 | &nbsp;&nbsp; 7.000% | 1092000 | &nbsp;&nbsp; 1100340 |
| 07/15/2031 | &nbsp;&nbsp; 9.125% | 2980000 | &nbsp;&nbsp; 3210112 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **35128701** |
| **Life Insurance 0.2%** | **Life Insurance 0.2%** | **Life Insurance 0.2%** | **Life Insurance 0.2%** |
| Lincoln Financial Global Funding<sup>(a)</sup>  | Lincoln Financial Global Funding<sup>(a)</sup>  | Lincoln Financial Global Funding<sup>(a)</sup>  | Lincoln Financial Global Funding<sup>(a)</sup>  |
| 01/13/2030 | &nbsp;&nbsp; 5.300% | 499000 | &nbsp;&nbsp; 517479 |
| Met Tower Global Funding<sup>(a)</sup>  | Met Tower Global Funding<sup>(a)</sup>  | Met Tower Global Funding<sup>(a)</sup>  | Met Tower Global Funding<sup>(a)</sup>  |
| 04/12/2029 | &nbsp;&nbsp; 5.250% | 10572000 | &nbsp;&nbsp; 10935964 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **11453443** |
| **Lodging 0.3%** | **Lodging 0.3%** | **Lodging 0.3%** | **Lodging 0.3%** |
| Hilton Domestic Operating Co., Inc.<sup>(a)</sup>  | Hilton Domestic Operating Co., Inc.<sup>(a)</sup>  | Hilton Domestic Operating Co., Inc.<sup>(a)</sup>  | Hilton Domestic Operating Co., Inc.<sup>(a)</sup>  |
| 02/15/2032 | &nbsp;&nbsp; 3.625% | 3490000 | &nbsp;&nbsp; 3184091 |
| 04/01/2032 | &nbsp;&nbsp; 6.125% | 3156000 | &nbsp;&nbsp; 3247503 |
| 09/15/2033 | &nbsp;&nbsp; 5.750% | 1545000 | &nbsp;&nbsp; 1558700 |
| Hilton Grand Vacations Borrower Escrow LLC<sup>(a)</sup>  | Hilton Grand Vacations Borrower Escrow LLC<sup>(a)</sup>  | Hilton Grand Vacations Borrower Escrow LLC<sup>(a)</sup>  | Hilton Grand Vacations Borrower Escrow LLC<sup>(a)</sup>  |
| 07/01/2031 | &nbsp;&nbsp; 4.875% | 1353000 | &nbsp;&nbsp; 1259423 |
| 01/15/2032 | &nbsp;&nbsp; 6.625% | 3880000 | &nbsp;&nbsp; 3956752 |
| Hilton Worldwide Finance LLC/Corp. | Hilton Worldwide Finance LLC/Corp. | Hilton Worldwide Finance LLC/Corp. | Hilton Worldwide Finance LLC/Corp. |
| 04/01/2027 | &nbsp;&nbsp; 4.875% | 3075000 | &nbsp;&nbsp; 3067445 |
| Wyndham Hotels & Resorts, Inc.<sup>(a)</sup>  | Wyndham Hotels & Resorts, Inc.<sup>(a)</sup>  | Wyndham Hotels & Resorts, Inc.<sup>(a)</sup>  | Wyndham Hotels & Resorts, Inc.<sup>(a)</sup>  |
| 08/15/2028 | &nbsp;&nbsp; 4.375% | 1955000 | &nbsp;&nbsp; 1910167 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **18184081** |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Media and Entertainment 1.1%** | **Media and Entertainment 1.1%** | **Media and Entertainment 1.1%** | **Media and Entertainment 1.1%** |
| Clear Channel Outdoor Holdings, Inc.<sup>(a)</sup>  | Clear Channel Outdoor Holdings, Inc.<sup>(a)</sup>  | Clear Channel Outdoor Holdings, Inc.<sup>(a)</sup>  | Clear Channel Outdoor Holdings, Inc.<sup>(a)</sup>  |
| 04/15/2028 | &nbsp;&nbsp; 7.750% | 2844000 | &nbsp;&nbsp; 2761805 |
| 06/01/2029 | &nbsp;&nbsp; 7.500% | 2589000 | &nbsp;&nbsp; 2405974 |
| 04/01/2030 | &nbsp;&nbsp; 7.875% | 3785000 | &nbsp;&nbsp; 3941953 |
| 02/15/2031 | &nbsp;&nbsp; 7.125% | 2653000 | &nbsp;&nbsp; 2694006 |
| 03/15/2033 | &nbsp;&nbsp; 7.500% | 2699000 | &nbsp;&nbsp; 2745975 |
| Gray Media, Inc.<sup>(a)</sup>  | Gray Media, Inc.<sup>(a)</sup>  | Gray Media, Inc.<sup>(a)</sup>  | Gray Media, Inc.<sup>(a)</sup>  |
| 07/15/2032 | &nbsp;&nbsp; 9.625% | 1517000 | &nbsp;&nbsp; 1524557 |
| 08/15/2033 | &nbsp;&nbsp; 7.250% | 1042000 | &nbsp;&nbsp; 1027334 |
| iHeartCommunications, Inc.<sup>(a)</sup>  | iHeartCommunications, Inc.<sup>(a)</sup>  | iHeartCommunications, Inc.<sup>(a)</sup>  | iHeartCommunications, Inc.<sup>(a)</sup>  |
| 05/01/2029 | &nbsp;&nbsp; 9.125% | 1805889 | &nbsp;&nbsp; 1556238 |
| 05/01/2030 | &nbsp;&nbsp; 10.875% | 870862 | &nbsp;&nbsp; 512232 |
| Mav Acquisition Corp.<sup>(a)</sup>  | Mav Acquisition Corp.<sup>(a)</sup>  | Mav Acquisition Corp.<sup>(a)</sup>  | Mav Acquisition Corp.<sup>(a)</sup>  |
| 08/01/2029 | &nbsp;&nbsp; 8.000% | 2799000 | &nbsp;&nbsp; 2855989 |
| McGraw-Hill Education, Inc.<sup>(a)</sup>  | McGraw-Hill Education, Inc.<sup>(a)</sup>  | McGraw-Hill Education, Inc.<sup>(a)</sup>  | McGraw-Hill Education, Inc.<sup>(a)</sup>  |
| 09/01/2031 | &nbsp;&nbsp; 7.375% | 4250000 | &nbsp;&nbsp; 4462184 |
| Outfront Media Capital LLC/Corp.<sup>(a)</sup>  | Outfront Media Capital LLC/Corp.<sup>(a)</sup>  | Outfront Media Capital LLC/Corp.<sup>(a)</sup>  | Outfront Media Capital LLC/Corp.<sup>(a)</sup>  |
| 08/15/2027 | &nbsp;&nbsp; 5.000% | 3572000 | &nbsp;&nbsp; 3540950 |
| 01/15/2029 | &nbsp;&nbsp; 4.250% | 811000 | &nbsp;&nbsp; 779147 |
| 03/15/2030 | &nbsp;&nbsp; 4.625% | 2185000 | &nbsp;&nbsp; 2086768 |
| 02/15/2031 | &nbsp;&nbsp; 7.375% | 696000 | &nbsp;&nbsp; 735554 |
| Playtika Holding Corp.<sup>(a)</sup>  | Playtika Holding Corp.<sup>(a)</sup>  | Playtika Holding Corp.<sup>(a)</sup>  | Playtika Holding Corp.<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 4.250% | 1953000 | &nbsp;&nbsp; 1794463 |
| Roblox Corp.<sup>(a)</sup>  | Roblox Corp.<sup>(a)</sup>  | Roblox Corp.<sup>(a)</sup>  | Roblox Corp.<sup>(a)</sup>  |
| 05/01/2030 | &nbsp;&nbsp; 3.875% | 5315000 | &nbsp;&nbsp; 5055036 |
| Snap, Inc.<sup>(a)</sup>  | Snap, Inc.<sup>(a)</sup>  | Snap, Inc.<sup>(a)</sup>  | Snap, Inc.<sup>(a)</sup>  |
| 03/01/2033 | &nbsp;&nbsp; 6.875% | 7685000 | &nbsp;&nbsp; 7777985 |
| 03/15/2034 | &nbsp;&nbsp; 6.875% | 3807000 | &nbsp;&nbsp; 3816448 |
| Univision Communications, Inc.<sup>(a)</sup>  | Univision Communications, Inc.<sup>(a)</sup>  | Univision Communications, Inc.<sup>(a)</sup>  | Univision Communications, Inc.<sup>(a)</sup>  |
| 08/15/2028 | &nbsp;&nbsp; 8.000% | 2553000 | &nbsp;&nbsp; 2649156 |
| 05/01/2029 | &nbsp;&nbsp; 4.500% | 2385000 | &nbsp;&nbsp; 2243322 |
| WarnerMedia Holdings, Inc. | WarnerMedia Holdings, Inc. | WarnerMedia Holdings, Inc. | WarnerMedia Holdings, Inc. |
| 03/15/2032 | &nbsp;&nbsp; 4.279% | 2237000 | &nbsp;&nbsp; 1929961 |
| 03/15/2042 | &nbsp;&nbsp; 5.050% | 5513000 | &nbsp;&nbsp; 3715756 |
| 03/15/2052 | &nbsp;&nbsp; 5.141% | 1199000 | &nbsp;&nbsp; 748629 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **63361422** |
| **Metals and Mining 0.6%** | **Metals and Mining 0.6%** | **Metals and Mining 0.6%** | **Metals and Mining 0.6%** |
| Alcoa Nederland Holding BV<sup>(a)</sup>  | Alcoa Nederland Holding BV<sup>(a)</sup>  | Alcoa Nederland Holding BV<sup>(a)</sup>  | Alcoa Nederland Holding BV<sup>(a)</sup>  |
| 03/15/2031 | &nbsp;&nbsp; 7.125% | 1072000 | &nbsp;&nbsp; 1129186 |
| Champion Iron Canada, Inc.<sup>(a)</sup>  | Champion Iron Canada, Inc.<sup>(a)</sup>  | Champion Iron Canada, Inc.<sup>(a)</sup>  | Champion Iron Canada, Inc.<sup>(a)</sup>  |
| 07/15/2032 | &nbsp;&nbsp; 7.875% | 1072000 | &nbsp;&nbsp; 1118641 |
| Cleveland-Cliffs, Inc.<sup>(a)</sup>  | Cleveland-Cliffs, Inc.<sup>(a)</sup>  | Cleveland-Cliffs, Inc.<sup>(a)</sup>  | Cleveland-Cliffs, Inc.<sup>(a)</sup>  |
| 11/01/2029 | &nbsp;&nbsp; 6.875% | 905000 | &nbsp;&nbsp; 918578 |
| 03/15/2032 | &nbsp;&nbsp; 7.000% | 434000 | &nbsp;&nbsp; 432303 |
| 05/01/2033 | &nbsp;&nbsp; 7.375% | 459000 | &nbsp;&nbsp; 457733 |
| Compass Minerals International, Inc.<sup>(a)</sup>  | Compass Minerals International, Inc.<sup>(a)</sup>  | Compass Minerals International, Inc.<sup>(a)</sup>  | Compass Minerals International, Inc.<sup>(a)</sup>  |
| 07/01/2030 | &nbsp;&nbsp; 8.000% | 2934000 | &nbsp;&nbsp; 3068973 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Constellium SE<sup>(a)</sup>  | Constellium SE<sup>(a)</sup>  | Constellium SE<sup>(a)</sup>  | Constellium SE<sup>(a)</sup>  |
| 06/15/2028 | &nbsp;&nbsp; 5.625% | 2490000 | &nbsp;&nbsp; 2479029 |
| 04/15/2029 | &nbsp;&nbsp; 3.750% | 4741000 | &nbsp;&nbsp; 4496975 |
| 08/15/2032 | &nbsp;&nbsp; 6.375% | 3297000 | &nbsp;&nbsp; 3366445 |
| Hudbay Minerals, Inc.<sup>(a)</sup>  | Hudbay Minerals, Inc.<sup>(a)</sup>  | Hudbay Minerals, Inc.<sup>(a)</sup>  | Hudbay Minerals, Inc.<sup>(a)</sup>  |
| 04/01/2026 | &nbsp;&nbsp; 4.500% | 1464000 | &nbsp;&nbsp; 1456792 |
| 04/01/2029 | &nbsp;&nbsp; 6.125% | 5064000 | &nbsp;&nbsp; 5118227 |
| Kaiser Aluminum Corp.<sup>(a)</sup>  | Kaiser Aluminum Corp.<sup>(a)</sup>  | Kaiser Aluminum Corp.<sup>(a)</sup>  | Kaiser Aluminum Corp.<sup>(a)</sup>  |
| 06/01/2031 | &nbsp;&nbsp; 4.500% | 5025000 | &nbsp;&nbsp; 4714064 |
| Novelis Corp.<sup>(a)</sup>  | Novelis Corp.<sup>(a)</sup>  | Novelis Corp.<sup>(a)</sup>  | Novelis Corp.<sup>(a)</sup>  |
| 01/30/2030 | &nbsp;&nbsp; 4.750% | 2010000 | &nbsp;&nbsp; 1934115 |
| 08/15/2031 | &nbsp;&nbsp; 3.875% | 2967000 | &nbsp;&nbsp; 2692563 |
| 08/15/2033 | &nbsp;&nbsp; 6.375% | 2249000 | &nbsp;&nbsp; 2271102 |
| Novelis, Inc.<sup>(a)</sup>  | Novelis, Inc.<sup>(a)</sup>  | Novelis, Inc.<sup>(a)</sup>  | Novelis, Inc.<sup>(a)</sup>  |
| 01/30/2030 | &nbsp;&nbsp; 6.875% | 879000 | &nbsp;&nbsp; 912080 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **36566806** |
| **Midstream 2.7%** | **Midstream 2.7%** | **Midstream 2.7%** | **Midstream 2.7%** |
| AmeriGas Partners LP/Finance Corp.<sup>(a)</sup>  | AmeriGas Partners LP/Finance Corp.<sup>(a)</sup>  | AmeriGas Partners LP/Finance Corp.<sup>(a)</sup>  | AmeriGas Partners LP/Finance Corp.<sup>(a)</sup>  |
| 06/01/2030 | &nbsp;&nbsp; 9.500% | 3178000 | &nbsp;&nbsp; 3327452 |
| Antero Midstream Partners LP/Finance Corp.<sup>(a)</sup>  | Antero Midstream Partners LP/Finance Corp.<sup>(a)</sup>  | Antero Midstream Partners LP/Finance Corp.<sup>(a)</sup>  | Antero Midstream Partners LP/Finance Corp.<sup>(a)</sup>  |
| 02/01/2032 | &nbsp;&nbsp; 6.625% | 1715000 | &nbsp;&nbsp; 1773808 |
| CNX Midstream Partners LP<sup>(a)</sup>  | CNX Midstream Partners LP<sup>(a)</sup>  | CNX Midstream Partners LP<sup>(a)</sup>  | CNX Midstream Partners LP<sup>(a)</sup>  |
| 04/15/2030 | &nbsp;&nbsp; 4.750% | 5384000 | &nbsp;&nbsp; 5120101 |
| Delek Logistics Partners LP/Finance Corp.<sup>(a)</sup>  | Delek Logistics Partners LP/Finance Corp.<sup>(a)</sup>  | Delek Logistics Partners LP/Finance Corp.<sup>(a)</sup>  | Delek Logistics Partners LP/Finance Corp.<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 8.625% | 8032000 | &nbsp;&nbsp; 8408281 |
| 06/30/2033 | &nbsp;&nbsp; 7.375% | 4474000 | &nbsp;&nbsp; 4477044 |
| Enbridge, Inc. | Enbridge, Inc. | Enbridge, Inc. | Enbridge, Inc. |
| 04/05/2027 | &nbsp;&nbsp; 5.250% | 7793000 | &nbsp;&nbsp; 7918708 |
| Galaxy Pipeline Assets Bidco Ltd.<sup>(a)</sup>  | Galaxy Pipeline Assets Bidco Ltd.<sup>(a)</sup>  | Galaxy Pipeline Assets Bidco Ltd.<sup>(a)</sup>  | Galaxy Pipeline Assets Bidco Ltd.<sup>(a)</sup>  |
| 03/31/2036 | &nbsp;&nbsp; 2.625% | 18903000 | &nbsp;&nbsp; 16459246 |
| 09/30/2040 | &nbsp;&nbsp; 3.250% | 3925000 | &nbsp;&nbsp; 3137051 |
| Greensaif Pipelines Bidco Sarl<sup>(a)</sup>  | Greensaif Pipelines Bidco Sarl<sup>(a)</sup>  | Greensaif Pipelines Bidco Sarl<sup>(a)</sup>  | Greensaif Pipelines Bidco Sarl<sup>(a)</sup>  |
| 02/23/2038 | &nbsp;&nbsp; 6.129% | 11038000 | &nbsp;&nbsp; 11658999 |
| Hess Midstream Operations LP<sup>(a)</sup>  | Hess Midstream Operations LP<sup>(a)</sup>  | Hess Midstream Operations LP<sup>(a)</sup>  | Hess Midstream Operations LP<sup>(a)</sup>  |
| 03/01/2028 | &nbsp;&nbsp; 5.875% | 1291000 | &nbsp;&nbsp; 1313524 |
| 10/15/2030 | &nbsp;&nbsp; 5.500% | 1293000 | &nbsp;&nbsp; 1301609 |
| ITT Holdings LLC<sup>(a)</sup>  | ITT Holdings LLC<sup>(a)</sup>  | ITT Holdings LLC<sup>(a)</sup>  | ITT Holdings LLC<sup>(a)</sup>  |
| 08/01/2029 | &nbsp;&nbsp; 6.500% | 437000 | &nbsp;&nbsp; 428683 |
| NuStar Logistics LP | NuStar Logistics LP | NuStar Logistics LP | NuStar Logistics LP |
| 06/01/2026 | &nbsp;&nbsp; 6.000% | 4476000 | &nbsp;&nbsp; 4488690 |
| 04/28/2027 | &nbsp;&nbsp; 5.625% | 1573000 | &nbsp;&nbsp; 1582135 |
| Rockies Express Pipeline LLC<sup>(a)</sup>  | Rockies Express Pipeline LLC<sup>(a)</sup>  | Rockies Express Pipeline LLC<sup>(a)</sup>  | Rockies Express Pipeline LLC<sup>(a)</sup>  |
| 03/15/2033 | &nbsp;&nbsp; 6.750% | 1293000 | &nbsp;&nbsp; 1351186 |
| Sunoco LP<sup>(a)</sup>  | Sunoco LP<sup>(a)</sup>  | Sunoco LP<sup>(a)</sup>  | Sunoco LP<sup>(a)</sup>  |
| 05/01/2029 | &nbsp;&nbsp; 7.000% | 2162000 | &nbsp;&nbsp; 2247702 |
| 05/01/2032 | &nbsp;&nbsp; 7.250% | 2041000 | &nbsp;&nbsp; 2160574 |
| 07/01/2033 | &nbsp;&nbsp; 6.250% | 2518000 | &nbsp;&nbsp; 2574101 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| TransMontaigne Partners LLC<sup>(a)</sup>  | TransMontaigne Partners LLC<sup>(a)</sup>  | TransMontaigne Partners LLC<sup>(a)</sup>  | TransMontaigne Partners LLC<sup>(a)</sup>  |
| 06/15/2030 | &nbsp;&nbsp; 8.500% | 5178000 | &nbsp;&nbsp; 5445291 |
| Venture Global Calcasieu Pass LLC<sup>(a)</sup>  | Venture Global Calcasieu Pass LLC<sup>(a)</sup>  | Venture Global Calcasieu Pass LLC<sup>(a)</sup>  | Venture Global Calcasieu Pass LLC<sup>(a)</sup>  |
| 08/15/2029 | &nbsp;&nbsp; 3.875% | 4429000 | &nbsp;&nbsp; 4246548 |
| 08/15/2031 | &nbsp;&nbsp; 4.125% | 4227000 | &nbsp;&nbsp; 3969023 |
| 11/01/2033 | &nbsp;&nbsp; 3.875% | 8197000 | &nbsp;&nbsp; 7302963 |
| Venture Global LNG, Inc.<sup>(a),(h),(i)</sup>  | Venture Global LNG, Inc.<sup>(a),(h),(i)</sup>  | Venture Global LNG, Inc.<sup>(a),(h),(i)</sup>  | Venture Global LNG, Inc.<sup>(a),(h),(i)</sup>  |
|  | &nbsp;&nbsp; 9.000% | 6226000 | &nbsp;&nbsp; 6193343 |
| Venture Global LNG, Inc.<sup>(a)</sup>  | Venture Global LNG, Inc.<sup>(a)</sup>  | Venture Global LNG, Inc.<sup>(a)</sup>  | Venture Global LNG, Inc.<sup>(a)</sup>  |
| 02/01/2029 | &nbsp;&nbsp; 9.500% | 2432000 | &nbsp;&nbsp; 2677345 |
| 01/15/2030 | &nbsp;&nbsp; 7.000% | 1548000 | &nbsp;&nbsp; 1594697 |
| 06/01/2031 | &nbsp;&nbsp; 8.375% | 2271000 | &nbsp;&nbsp; 2383395 |
| 02/01/2032 | &nbsp;&nbsp; 9.875% | 2466000 | &nbsp;&nbsp; 2685355 |
| Venture Global Plaquemines LNG LLC<sup>(a)</sup>  | Venture Global Plaquemines LNG LLC<sup>(a)</sup>  | Venture Global Plaquemines LNG LLC<sup>(a)</sup>  | Venture Global Plaquemines LNG LLC<sup>(a)</sup>  |
| 05/01/2033 | &nbsp;&nbsp; 7.500% | 1765000 | &nbsp;&nbsp; 1936876 |
| 01/15/2034 | &nbsp;&nbsp; 6.500% | 3957000 | &nbsp;&nbsp; 4133889 |
| 05/01/2035 | &nbsp;&nbsp; 7.750% | 1765000 | &nbsp;&nbsp; 1965717 |
| 01/15/2036 | &nbsp;&nbsp; 6.750% | 10369000 | &nbsp;&nbsp; 10885233 |
| Western Midstream Operating LP | Western Midstream Operating LP | Western Midstream Operating LP | Western Midstream Operating LP |
| 01/15/2029 | &nbsp;&nbsp; 6.350% | 3871000 | &nbsp;&nbsp; 4071415 |
| Williams Companies, Inc. (The) | Williams Companies, Inc. (The) | Williams Companies, Inc. (The) | Williams Companies, Inc. (The) |
| 08/15/2028 | &nbsp;&nbsp; 5.300% | 17155000 | &nbsp;&nbsp; 17702023 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **156922007** |
| **Natural Gas 0.1%** | **Natural Gas 0.1%** | **Natural Gas 0.1%** | **Natural Gas 0.1%** |
| NiSource, Inc. | NiSource, Inc. | NiSource, Inc. | NiSource, Inc. |
| 05/01/2030 | &nbsp;&nbsp; 3.600% | 6399000 | &nbsp;&nbsp; 6202504 |
| **Oil Field Services 0.6%** | **Oil Field Services 0.6%** | **Oil Field Services 0.6%** | **Oil Field Services 0.6%** |
| Archrock Partners LP/Finance Corp.<sup>(a)</sup>  | Archrock Partners LP/Finance Corp.<sup>(a)</sup>  | Archrock Partners LP/Finance Corp.<sup>(a)</sup>  | Archrock Partners LP/Finance Corp.<sup>(a)</sup>  |
| 09/01/2032 | &nbsp;&nbsp; 6.625% | 1387000 | &nbsp;&nbsp; 1422943 |
| Kodiak Gas Services LLC<sup>(a)</sup>  | Kodiak Gas Services LLC<sup>(a)</sup>  | Kodiak Gas Services LLC<sup>(a)</sup>  | Kodiak Gas Services LLC<sup>(a)</sup>  |
| 02/15/2029 | &nbsp;&nbsp; 7.250% | 916000 | &nbsp;&nbsp; 947153 |
| Nabors Industries Ltd.<sup>(a)</sup>  | Nabors Industries Ltd.<sup>(a)</sup>  | Nabors Industries Ltd.<sup>(a)</sup>  | Nabors Industries Ltd.<sup>(a)</sup>  |
| 01/15/2028 | &nbsp;&nbsp; 7.500% | 1329000 | &nbsp;&nbsp; 1332129 |
| Nabors Industries, Inc.<sup>(a)</sup>  | Nabors Industries, Inc.<sup>(a)</sup>  | Nabors Industries, Inc.<sup>(a)</sup>  | Nabors Industries, Inc.<sup>(a)</sup>  |
| 05/15/2027 | &nbsp;&nbsp; 7.375% | 531000 | &nbsp;&nbsp; 539821 |
| 01/31/2030 | &nbsp;&nbsp; 9.125% | 3094000 | &nbsp;&nbsp; 3169121 |
| 08/15/2031 | &nbsp;&nbsp; 8.875% | 5539000 | &nbsp;&nbsp; 4995746 |
| Transocean Aquila Ltd.<sup>(a)</sup>  | Transocean Aquila Ltd.<sup>(a)</sup>  | Transocean Aquila Ltd.<sup>(a)</sup>  | Transocean Aquila Ltd.<sup>(a)</sup>  |
| 09/30/2028 | &nbsp;&nbsp; 8.000% | 3262354 | &nbsp;&nbsp; 3350638 |
| Transocean Titan Financing Ltd.<sup>(a)</sup>  | Transocean Titan Financing Ltd.<sup>(a)</sup>  | Transocean Titan Financing Ltd.<sup>(a)</sup>  | Transocean Titan Financing Ltd.<sup>(a)</sup>  |
| 02/01/2028 | &nbsp;&nbsp; 8.375% | 6148333 | &nbsp;&nbsp; 6302606 |
| Transocean, Inc.<sup>(a)</sup>  | Transocean, Inc.<sup>(a)</sup>  | Transocean, Inc.<sup>(a)</sup>  | Transocean, Inc.<sup>(a)</sup>  |
| 05/15/2029 | &nbsp;&nbsp; 8.250% | 776000 | &nbsp;&nbsp; 750605 |
| 05/15/2031 | &nbsp;&nbsp; 8.500% | 3061000 | &nbsp;&nbsp; 2874214 |
| USA Compression Partners LP/Finance Corp.<sup>(a)</sup>  | USA Compression Partners LP/Finance Corp.<sup>(a)</sup>  | USA Compression Partners LP/Finance Corp.<sup>(a)</sup>  | USA Compression Partners LP/Finance Corp.<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 7.125% | 7226000 | &nbsp;&nbsp; 7406938 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **33091914** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Other Industry 0.1%** | **Other Industry 0.1%** | **Other Industry 0.1%** | **Other Industry 0.1%** |
| Booz Allen Hamilton, Inc.<sup>(a)</sup>  | Booz Allen Hamilton, Inc.<sup>(a)</sup>  | Booz Allen Hamilton, Inc.<sup>(a)</sup>  | Booz Allen Hamilton, Inc.<sup>(a)</sup>  |
| 09/01/2028 | &nbsp;&nbsp; 3.875% | 1358000 | &nbsp;&nbsp; 1329007 |
| Williams Scotsman International, Inc.<sup>(a)</sup>  | Williams Scotsman International, Inc.<sup>(a)</sup>  | Williams Scotsman International, Inc.<sup>(a)</sup>  | Williams Scotsman International, Inc.<sup>(a)</sup>  |
| 08/15/2028 | &nbsp;&nbsp; 4.625% | 1054000 | &nbsp;&nbsp; 1037236 |
| Williams Scotsman, Inc.<sup>(a)</sup>  | Williams Scotsman, Inc.<sup>(a)</sup>  | Williams Scotsman, Inc.<sup>(a)</sup>  | Williams Scotsman, Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 6.625% | 983000 | &nbsp;&nbsp; 1009110 |
| 04/15/2030 | &nbsp;&nbsp; 6.625% | 1303000 | &nbsp;&nbsp; 1346374 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **4721727** |
| **Other REIT 0.3%** | **Other REIT 0.3%** | **Other REIT 0.3%** | **Other REIT 0.3%** |
| Ladder Capital Finance Holdings LLLP/Corp.<sup>(a)</sup>  | Ladder Capital Finance Holdings LLLP/Corp.<sup>(a)</sup>  | Ladder Capital Finance Holdings LLLP/Corp.<sup>(a)</sup>  | Ladder Capital Finance Holdings LLLP/Corp.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 4.750% | 3261000 | &nbsp;&nbsp; 3190250 |
| 07/15/2031 | &nbsp;&nbsp; 7.000% | 1434000 | &nbsp;&nbsp; 1507665 |
| Park Intermediate Holdings LLC/PK Domestic Property LLC/Finance Co-Issuer<sup>(a)</sup>  | Park Intermediate Holdings LLC/PK Domestic Property LLC/Finance Co-Issuer<sup>(a)</sup>  | Park Intermediate Holdings LLC/PK Domestic Property LLC/Finance Co-Issuer<sup>(a)</sup>  | Park Intermediate Holdings LLC/PK Domestic Property LLC/Finance Co-Issuer<sup>(a)</sup>  |
| 10/01/2028 | &nbsp;&nbsp; 5.875% | 4100000 | &nbsp;&nbsp; 4094860 |
| 05/15/2029 | &nbsp;&nbsp; 4.875% | 1134000 | &nbsp;&nbsp; 1104157 |
| 02/01/2030 | &nbsp;&nbsp; 7.000% | 947000 | &nbsp;&nbsp; 976909 |
| RHP Hotel Properties LP/Finance Corp.<sup>(a)</sup>  | RHP Hotel Properties LP/Finance Corp.<sup>(a)</sup>  | RHP Hotel Properties LP/Finance Corp.<sup>(a)</sup>  | RHP Hotel Properties LP/Finance Corp.<sup>(a)</sup>  |
| 07/15/2028 | &nbsp;&nbsp; 7.250% | 616000 | &nbsp;&nbsp; 634515 |
| 02/15/2029 | &nbsp;&nbsp; 4.500% | 860000 | &nbsp;&nbsp; 840754 |
| 04/01/2032 | &nbsp;&nbsp; 6.500% | 1679000 | &nbsp;&nbsp; 1725027 |
| 06/15/2033 | &nbsp;&nbsp; 6.500% | 1540000 | &nbsp;&nbsp; 1591360 |
| RLJ Lodging Trust LP<sup>(a)</sup>  | RLJ Lodging Trust LP<sup>(a)</sup>  | RLJ Lodging Trust LP<sup>(a)</sup>  | RLJ Lodging Trust LP<sup>(a)</sup>  |
| 07/01/2026 | &nbsp;&nbsp; 3.750% | 1102000 | &nbsp;&nbsp; 1088489 |
| Service Properties Trust | Service Properties Trust | Service Properties Trust | Service Properties Trust |
| 06/15/2029 | &nbsp;&nbsp; 8.375% | 1009000 | &nbsp;&nbsp; 1042951 |
| Service Properties Trust<sup>(a)</sup>  | Service Properties Trust<sup>(a)</sup>  | Service Properties Trust<sup>(a)</sup>  | Service Properties Trust<sup>(a)</sup>  |
| 11/15/2031 | &nbsp;&nbsp; 8.625% | 1493000 | &nbsp;&nbsp; 1595643 |
| XHR LP<sup>(a)</sup>  | XHR LP<sup>(a)</sup>  | XHR LP<sup>(a)</sup>  | XHR LP<sup>(a)</sup>  |
| 05/15/2030 | &nbsp;&nbsp; 6.625% | 712000 | &nbsp;&nbsp; 731913 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **20124493** |
| **Packaging 0.5%** | **Packaging 0.5%** | **Packaging 0.5%** | **Packaging 0.5%** |
| Ardagh Metal Packaging Finance USA LLC/PLC<sup>(a)</sup>  | Ardagh Metal Packaging Finance USA LLC/PLC<sup>(a)</sup>  | Ardagh Metal Packaging Finance USA LLC/PLC<sup>(a)</sup>  | Ardagh Metal Packaging Finance USA LLC/PLC<sup>(a)</sup>  |
| 09/01/2029 | &nbsp;&nbsp; 4.000% | 7092000 | &nbsp;&nbsp; 6506215 |
| Clydesdale Acquisition Holdings, Inc.<sup>(a)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(a)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(a)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(a)</sup>  |
| 04/15/2030 | &nbsp;&nbsp; 8.750% | 5482000 | &nbsp;&nbsp; 5652898 |
| 04/15/2032 | &nbsp;&nbsp; 6.750% | 5888000 | &nbsp;&nbsp; 6046965 |
| Crown Cork & Seal Co., Inc. | Crown Cork & Seal Co., Inc. | Crown Cork & Seal Co., Inc. | Crown Cork & Seal Co., Inc. |
| 12/15/2026 | &nbsp;&nbsp; 7.375% | 5097000 | &nbsp;&nbsp; 5241746 |
| Silgan Holdings, Inc. | Silgan Holdings, Inc. | Silgan Holdings, Inc. | Silgan Holdings, Inc. |
| 02/01/2028 | &nbsp;&nbsp; 4.125% | 3935000 | &nbsp;&nbsp; 3846037 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **27293861** |
| **Pharmaceuticals 1.3%** | **Pharmaceuticals 1.3%** | **Pharmaceuticals 1.3%** | **Pharmaceuticals 1.3%** |
| 1261229 BC Ltd.<sup>(a)</sup>  | 1261229 BC Ltd.<sup>(a)</sup>  | 1261229 BC Ltd.<sup>(a)</sup>  | 1261229 BC Ltd.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 10.000% | 8068000 | &nbsp;&nbsp; 8388594 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| AbbVie, Inc. | AbbVie, Inc. | AbbVie, Inc. | AbbVie, Inc. |
| 03/15/2029 | &nbsp;&nbsp; 4.800% | 13495000 | &nbsp;&nbsp; 13809174 |
| 11/21/2029 | &nbsp;&nbsp; 3.200% | 3726000 | &nbsp;&nbsp; 3591105 |
| Bausch Health Companies, Inc.<sup>(a)</sup>  | Bausch Health Companies, Inc.<sup>(a)</sup>  | Bausch Health Companies, Inc.<sup>(a)</sup>  | Bausch Health Companies, Inc.<sup>(a)</sup>  |
| 06/01/2028 | &nbsp;&nbsp; 4.875% | 2831000 | &nbsp;&nbsp; 2556593 |
| 09/30/2028 | &nbsp;&nbsp; 11.000% | 789000 | &nbsp;&nbsp; 827206 |
| Gilead Sciences, Inc. | Gilead Sciences, Inc. | Gilead Sciences, Inc. | Gilead Sciences, Inc. |
| 03/01/2026 | &nbsp;&nbsp; 3.650% | 36182000 | &nbsp;&nbsp; 36060710 |
| Grifols Escrow Issuer SA<sup>(a)</sup>  | Grifols Escrow Issuer SA<sup>(a)</sup>  | Grifols Escrow Issuer SA<sup>(a)</sup>  | Grifols Escrow Issuer SA<sup>(a)</sup>  |
| 10/15/2028 | &nbsp;&nbsp; 4.750% | 6892000 | &nbsp;&nbsp; 6684239 |
| Jazz Securities DAC<sup>(a)</sup>  | Jazz Securities DAC<sup>(a)</sup>  | Jazz Securities DAC<sup>(a)</sup>  | Jazz Securities DAC<sup>(a)</sup>  |
| 01/15/2029 | &nbsp;&nbsp; 4.375% | 2600000 | &nbsp;&nbsp; 2545876 |
| Organon Finance 1 LLC<sup>(a)</sup>  | Organon Finance 1 LLC<sup>(a)</sup>  | Organon Finance 1 LLC<sup>(a)</sup>  | Organon Finance 1 LLC<sup>(a)</sup>  |
| 04/30/2028 | &nbsp;&nbsp; 4.125% | 1379000 | &nbsp;&nbsp; 1320994 |
| 04/30/2031 | &nbsp;&nbsp; 5.125% | 2517000 | &nbsp;&nbsp; 2158568 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **77943059** |
| **Property & Casualty 1.0%** | **Property & Casualty 1.0%** | **Property & Casualty 1.0%** | **Property & Casualty 1.0%** |
| Acrisure LLC/Finance, Inc.<sup>(a)</sup>  | Acrisure LLC/Finance, Inc.<sup>(a)</sup>  | Acrisure LLC/Finance, Inc.<sup>(a)</sup>  | Acrisure LLC/Finance, Inc.<sup>(a)</sup>  |
| 02/01/2029 | &nbsp;&nbsp; 8.250% | 721000 | &nbsp;&nbsp; 749919 |
| 08/01/2029 | &nbsp;&nbsp; 6.000% | 3376000 | &nbsp;&nbsp; 3320428 |
| 07/01/2032 | &nbsp;&nbsp; 6.750% | 1428000 | &nbsp;&nbsp; 1465672 |
| Alliant Holdings Intermediate LLC/Co-Issuer<sup>(a)</sup>  | Alliant Holdings Intermediate LLC/Co-Issuer<sup>(a)</sup>  | Alliant Holdings Intermediate LLC/Co-Issuer<sup>(a)</sup>  | Alliant Holdings Intermediate LLC/Co-Issuer<sup>(a)</sup>  |
| 10/15/2027 | &nbsp;&nbsp; 4.250% | 718000 | &nbsp;&nbsp; 707757 |
| 04/15/2028 | &nbsp;&nbsp; 6.750% | 5567000 | &nbsp;&nbsp; 5681666 |
| 11/01/2029 | &nbsp;&nbsp; 5.875% | 1991000 | &nbsp;&nbsp; 1968401 |
| 01/15/2031 | &nbsp;&nbsp; 7.000% | 2647000 | &nbsp;&nbsp; 2740733 |
| 10/01/2031 | &nbsp;&nbsp; 6.500% | 1285000 | &nbsp;&nbsp; 1316061 |
| 10/01/2032 | &nbsp;&nbsp; 7.375% | 4981000 | &nbsp;&nbsp; 5139042 |
| AmWINS Group, Inc.<sup>(a)</sup>  | AmWINS Group, Inc.<sup>(a)</sup>  | AmWINS Group, Inc.<sup>(a)</sup>  | AmWINS Group, Inc.<sup>(a)</sup>  |
| 02/15/2029 | &nbsp;&nbsp; 6.375% | 1979000 | &nbsp;&nbsp; 2027846 |
| Ardonagh Finco Ltd.<sup>(a)</sup>  | Ardonagh Finco Ltd.<sup>(a)</sup>  | Ardonagh Finco Ltd.<sup>(a)</sup>  | Ardonagh Finco Ltd.<sup>(a)</sup>  |
| 02/15/2031 | &nbsp;&nbsp; 7.750% | 3666000 | &nbsp;&nbsp; 3838674 |
| Ardonagh Group Finance Ltd.<sup>(a)</sup>  | Ardonagh Group Finance Ltd.<sup>(a)</sup>  | Ardonagh Group Finance Ltd.<sup>(a)</sup>  | Ardonagh Group Finance Ltd.<sup>(a)</sup>  |
| 02/15/2032 | &nbsp;&nbsp; 8.875% | 5452000 | &nbsp;&nbsp; 5771498 |
| BroadStreet Partners, Inc.<sup>(a)</sup>  | BroadStreet Partners, Inc.<sup>(a)</sup>  | BroadStreet Partners, Inc.<sup>(a)</sup>  | BroadStreet Partners, Inc.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 5.875% | 6624000 | &nbsp;&nbsp; 6591307 |
| HUB International Ltd.<sup>(a)</sup>  | HUB International Ltd.<sup>(a)</sup>  | HUB International Ltd.<sup>(a)</sup>  | HUB International Ltd.<sup>(a)</sup>  |
| 01/31/2032 | &nbsp;&nbsp; 7.375% | 1895000 | &nbsp;&nbsp; 1988981 |
| HUB International, Ltd.<sup>(a)</sup>  | HUB International, Ltd.<sup>(a)</sup>  | HUB International, Ltd.<sup>(a)</sup>  | HUB International, Ltd.<sup>(a)</sup>  |
| 06/15/2030 | &nbsp;&nbsp; 7.250% | 9107000 | &nbsp;&nbsp; 9525999 |
| Panther Escrow Issuer LLC<sup>(a)</sup>  | Panther Escrow Issuer LLC<sup>(a)</sup>  | Panther Escrow Issuer LLC<sup>(a)</sup>  | Panther Escrow Issuer LLC<sup>(a)</sup>  |
| 06/01/2031 | &nbsp;&nbsp; 7.125% | 3637000 | &nbsp;&nbsp; 3769695 |
| Ryan Specialty LLC<sup>(a)</sup>  | Ryan Specialty LLC<sup>(a)</sup>  | Ryan Specialty LLC<sup>(a)</sup>  | Ryan Specialty LLC<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 5.875% | 2930000 | &nbsp;&nbsp; 2960086 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **59563765** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Railroads 0.5%** | **Railroads 0.5%** | **Railroads 0.5%** | **Railroads 0.5%** |
| Genesee & Wyoming, Inc.<sup>(a)</sup>  | Genesee & Wyoming, Inc.<sup>(a)</sup>  | Genesee & Wyoming, Inc.<sup>(a)</sup>  | Genesee & Wyoming, Inc.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 6.250% | 2787000 | &nbsp;&nbsp; 2835428 |
| Norfolk Southern Corp. | Norfolk Southern Corp. | Norfolk Southern Corp. | Norfolk Southern Corp. |
| 06/15/2026 | &nbsp;&nbsp; 2.900% | 8699000 | &nbsp;&nbsp; 8604834 |
| 08/01/2030 | &nbsp;&nbsp; 5.050% | 10246000 | &nbsp;&nbsp; 10618270 |
| Watco Cos LLC/Finance Corp.<sup>(a)</sup>  | Watco Cos LLC/Finance Corp.<sup>(a)</sup>  | Watco Cos LLC/Finance Corp.<sup>(a)</sup>  | Watco Cos LLC/Finance Corp.<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 7.125% | 4443000 | &nbsp;&nbsp; 4647612 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **26706144** |
| **Restaurants 0.3%** | **Restaurants 0.3%** | **Restaurants 0.3%** | **Restaurants 0.3%** |
| 1011778 BC ULC/New Red Finance, Inc.<sup>(a)</sup>  | 1011778 BC ULC/New Red Finance, Inc.<sup>(a)</sup>  | 1011778 BC ULC/New Red Finance, Inc.<sup>(a)</sup>  | 1011778 BC ULC/New Red Finance, Inc.<sup>(a)</sup>  |
| 01/15/2028 | &nbsp;&nbsp; 3.875% | 6399000 | &nbsp;&nbsp; 6231182 |
| 09/15/2029 | &nbsp;&nbsp; 5.625% | 1840000 | &nbsp;&nbsp; 1863249 |
| 10/15/2030 | &nbsp;&nbsp; 4.000% | 3320000 | &nbsp;&nbsp; 3104650 |
| Fertitta Entertainment LLC/Finance Co., Inc.<sup>(a)</sup>  | Fertitta Entertainment LLC/Finance Co., Inc.<sup>(a)</sup>  | Fertitta Entertainment LLC/Finance Co., Inc.<sup>(a)</sup>  | Fertitta Entertainment LLC/Finance Co., Inc.<sup>(a)</sup>  |
| 01/15/2030 | &nbsp;&nbsp; 6.750% | 6695000 | &nbsp;&nbsp; 6300426 |
| Yum! Brands, Inc. | Yum! Brands, Inc. | Yum! Brands, Inc. | Yum! Brands, Inc. |
| 04/01/2032 | &nbsp;&nbsp; 5.375% | 2405000 | &nbsp;&nbsp; 2419544 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **19919051** |
| **Retailers 0.5%** | **Retailers 0.5%** | **Retailers 0.5%** | **Retailers 0.5%** |
| Advance Auto Parts, Inc.<sup>(a)</sup>  | Advance Auto Parts, Inc.<sup>(a)</sup>  | Advance Auto Parts, Inc.<sup>(a)</sup>  | Advance Auto Parts, Inc.<sup>(a)</sup>  |
| 08/01/2030 | &nbsp;&nbsp; 7.000% | 1280000 | &nbsp;&nbsp; 1313424 |
| 08/01/2033 | &nbsp;&nbsp; 7.375% | 1301000 | &nbsp;&nbsp; 1333192 |
| Asbury Automotive Group, Inc.<sup>(a)</sup>  | Asbury Automotive Group, Inc.<sup>(a)</sup>  | Asbury Automotive Group, Inc.<sup>(a)</sup>  | Asbury Automotive Group, Inc.<sup>(a)</sup>  |
| 11/15/2029 | &nbsp;&nbsp; 4.625% | 701000 | &nbsp;&nbsp; 680935 |
| 02/15/2032 | &nbsp;&nbsp; 5.000% | 701000 | &nbsp;&nbsp; 673661 |
| Beach Acquisition Bidco LLC<sup>(a),(g)</sup>  | Beach Acquisition Bidco LLC<sup>(a),(g)</sup>  | Beach Acquisition Bidco LLC<sup>(a),(g)</sup>  | Beach Acquisition Bidco LLC<sup>(a),(g)</sup>  |
| 07/15/2033 | &nbsp;&nbsp; 10.000% | 5131000 | &nbsp;&nbsp; 5443974 |
| Belron UK Finance PLC<sup>(a)</sup>  | Belron UK Finance PLC<sup>(a)</sup>  | Belron UK Finance PLC<sup>(a)</sup>  | Belron UK Finance PLC<sup>(a)</sup>  |
| 10/15/2029 | &nbsp;&nbsp; 5.750% | 1924000 | &nbsp;&nbsp; 1948496 |
| Group 1 Automotive, Inc.<sup>(a)</sup>  | Group 1 Automotive, Inc.<sup>(a)</sup>  | Group 1 Automotive, Inc.<sup>(a)</sup>  | Group 1 Automotive, Inc.<sup>(a)</sup>  |
| 08/15/2028 | &nbsp;&nbsp; 4.000% | 999000 | &nbsp;&nbsp; 969245 |
| 01/15/2030 | &nbsp;&nbsp; 6.375% | 699000 | &nbsp;&nbsp; 718217 |
| Hanesbrands, Inc.<sup>(a)</sup>  | Hanesbrands, Inc.<sup>(a)</sup>  | Hanesbrands, Inc.<sup>(a)</sup>  | Hanesbrands, Inc.<sup>(a)</sup>  |
| 02/15/2031 | &nbsp;&nbsp; 9.000% | 3392000 | &nbsp;&nbsp; 3608687 |
| L Brands, Inc. | L Brands, Inc. | L Brands, Inc. | L Brands, Inc. |
| 02/01/2028 | &nbsp;&nbsp; 5.250% | 1053000 | &nbsp;&nbsp; 1059874 |
| 11/01/2035 | &nbsp;&nbsp; 6.875% | 1511000 | &nbsp;&nbsp; 1573732 |
| LCM Investments Holdings II LLC<sup>(a)</sup>  | LCM Investments Holdings II LLC<sup>(a)</sup>  | LCM Investments Holdings II LLC<sup>(a)</sup>  | LCM Investments Holdings II LLC<sup>(a)</sup>  |
| 05/01/2029 | &nbsp;&nbsp; 4.875% | 1142000 | &nbsp;&nbsp; 1121554 |
| 08/01/2031 | &nbsp;&nbsp; 8.250% | 1111000 | &nbsp;&nbsp; 1178591 |
| Lithia Motors, Inc.<sup>(a)</sup>  | Lithia Motors, Inc.<sup>(a)</sup>  | Lithia Motors, Inc.<sup>(a)</sup>  | Lithia Motors, Inc.<sup>(a)</sup>  |
| 01/15/2031 | &nbsp;&nbsp; 4.375% | 1325000 | &nbsp;&nbsp; 1260693 |
| Wolverine World Wide, Inc.<sup>(a)</sup>  | Wolverine World Wide, Inc.<sup>(a)</sup>  | Wolverine World Wide, Inc.<sup>(a)</sup>  | Wolverine World Wide, Inc.<sup>(a)</sup>  |
| 08/15/2029 | &nbsp;&nbsp; 4.000% | 3954000 | &nbsp;&nbsp; 3621801 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **26506076** |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Supermarkets 0.1%** | **Supermarkets 0.1%** | **Supermarkets 0.1%** | **Supermarkets 0.1%** |
| Albertsons Companies, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC<sup>(a)</sup>  | Albertsons Companies, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC<sup>(a)</sup>  | Albertsons Companies, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC<sup>(a)</sup>  | Albertsons Companies, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC<sup>(a)</sup>  |
| 03/15/2026 | &nbsp;&nbsp; 3.250% | 2743000 | &nbsp;&nbsp; 2724264 |
| 01/15/2027 | &nbsp;&nbsp; 4.625% | 1313000 | &nbsp;&nbsp; 1305745 |
| 02/15/2030 | &nbsp;&nbsp; 4.875% | 536000 | &nbsp;&nbsp; 527489 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **4557498** |
| **Technology 3.4%** | **Technology 3.4%** | **Technology 3.4%** | **Technology 3.4%** |
| Amentum Escrow Corp.<sup>(a)</sup>  | Amentum Escrow Corp.<sup>(a)</sup>  | Amentum Escrow Corp.<sup>(a)</sup>  | Amentum Escrow Corp.<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 7.250% | 4353000 | &nbsp;&nbsp; 4542919 |
| Block, Inc. | Block, Inc. | Block, Inc. | Block, Inc. |
| 06/01/2026 | &nbsp;&nbsp; 2.750% | 1714000 | &nbsp;&nbsp; 1686924 |
| 06/01/2031 | &nbsp;&nbsp; 3.500% | 1723000 | &nbsp;&nbsp; 1592466 |
| 05/15/2032 | &nbsp;&nbsp; 6.500% | 3394000 | &nbsp;&nbsp; 3516334 |
| Block, Inc.<sup>(a)</sup>  | Block, Inc.<sup>(a)</sup>  | Block, Inc.<sup>(a)</sup>  | Block, Inc.<sup>(a)</sup>  |
| 08/15/2030 | &nbsp;&nbsp; 5.625% | 2099000 | &nbsp;&nbsp; 2149015 |
| 08/15/2033 | &nbsp;&nbsp; 6.000% | 1641000 | &nbsp;&nbsp; 1684570 |
| Broadcom, Inc. | Broadcom, Inc. | Broadcom, Inc. | Broadcom, Inc. |
| 04/15/2028 | &nbsp;&nbsp; 4.800% | 6313000 | &nbsp;&nbsp; 6428544 |
| Broadcom, Inc.<sup>(a)</sup>  | Broadcom, Inc.<sup>(a)</sup>  | Broadcom, Inc.<sup>(a)</sup>  | Broadcom, Inc.<sup>(a)</sup>  |
| 11/15/2036 | &nbsp;&nbsp; 3.187% | 11947000 | &nbsp;&nbsp; 9939652 |
| CACI International, Inc.<sup>(a)</sup>  | CACI International, Inc.<sup>(a)</sup>  | CACI International, Inc.<sup>(a)</sup>  | CACI International, Inc.<sup>(a)</sup>  |
| 06/15/2033 | &nbsp;&nbsp; 6.375% | 2852000 | &nbsp;&nbsp; 2946404 |
| Central Parent LLC/CDK Global II LLC/Financing, Co., Inc.<sup>(a)</sup>  | Central Parent LLC/CDK Global II LLC/Financing, Co., Inc.<sup>(a)</sup>  | Central Parent LLC/CDK Global II LLC/Financing, Co., Inc.<sup>(a)</sup>  | Central Parent LLC/CDK Global II LLC/Financing, Co., Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 8.000% | 1799000 | &nbsp;&nbsp; 1564094 |
| Central Parent, Inc./CDK Global, Inc.<sup>(a)</sup>  | Central Parent, Inc./CDK Global, Inc.<sup>(a)</sup>  | Central Parent, Inc./CDK Global, Inc.<sup>(a)</sup>  | Central Parent, Inc./CDK Global, Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 7.250% | 1315000 | &nbsp;&nbsp; 1110645 |
| Clarivate Science Holdings Corp.<sup>(a)</sup>  | Clarivate Science Holdings Corp.<sup>(a)</sup>  | Clarivate Science Holdings Corp.<sup>(a)</sup>  | Clarivate Science Holdings Corp.<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 4.875% | 5779000 | &nbsp;&nbsp; 5468012 |
| Cloud Software Group, Inc,<sup>(a)</sup>  | Cloud Software Group, Inc,<sup>(a)</sup>  | Cloud Software Group, Inc,<sup>(a)</sup>  | Cloud Software Group, Inc,<sup>(a)</sup>  |
| 08/15/2033 | &nbsp;&nbsp; 6.625% | 1153000 | &nbsp;&nbsp; 1168894 |
| Cloud Software Group, Inc.<sup>(a)</sup>  | Cloud Software Group, Inc.<sup>(a)</sup>  | Cloud Software Group, Inc.<sup>(a)</sup>  | Cloud Software Group, Inc.<sup>(a)</sup>  |
| 09/30/2029 | &nbsp;&nbsp; 9.000% | 6872000 | &nbsp;&nbsp; 7166709 |
| 06/30/2032 | &nbsp;&nbsp; 8.250% | 3978000 | &nbsp;&nbsp; 4252912 |
| Condor Merger Sub, Inc.<sup>(a)</sup>  | Condor Merger Sub, Inc.<sup>(a)</sup>  | Condor Merger Sub, Inc.<sup>(a)</sup>  | Condor Merger Sub, Inc.<sup>(a)</sup>  |
| 02/15/2030 | &nbsp;&nbsp; 7.375% | 9459000 | &nbsp;&nbsp; 8746294 |
| Ellucian Holdings, Inc.<sup>(a)</sup>  | Ellucian Holdings, Inc.<sup>(a)</sup>  | Ellucian Holdings, Inc.<sup>(a)</sup>  | Ellucian Holdings, Inc.<sup>(a)</sup>  |
| 12/01/2029 | &nbsp;&nbsp; 6.500% | 1060000 | &nbsp;&nbsp; 1081597 |
| Entegris Escrow Corp.<sup>(a)</sup>  | Entegris Escrow Corp.<sup>(a)</sup>  | Entegris Escrow Corp.<sup>(a)</sup>  | Entegris Escrow Corp.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 4.750% | 2603000 | &nbsp;&nbsp; 2568777 |
| 06/15/2030 | &nbsp;&nbsp; 5.950% | 5154000 | &nbsp;&nbsp; 5217957 |
| Fair Isaac Corp.<sup>(a)</sup>  | Fair Isaac Corp.<sup>(a)</sup>  | Fair Isaac Corp.<sup>(a)</sup>  | Fair Isaac Corp.<sup>(a)</sup>  |
| 05/15/2033 | &nbsp;&nbsp; 6.000% | 2354000 | &nbsp;&nbsp; 2395296 |
| Gartner, Inc.<sup>(a)</sup>  | Gartner, Inc.<sup>(a)</sup>  | Gartner, Inc.<sup>(a)</sup>  | Gartner, Inc.<sup>(a)</sup>  |
| 07/01/2028 | &nbsp;&nbsp; 4.500% | 1484000 | &nbsp;&nbsp; 1468104 |
| Gen Digital, Inc.<sup>(a)</sup>  | Gen Digital, Inc.<sup>(a)</sup>  | Gen Digital, Inc.<sup>(a)</sup>  | Gen Digital, Inc.<sup>(a)</sup>  |
| 04/01/2033 | &nbsp;&nbsp; 6.250% | 1961000 | &nbsp;&nbsp; 2017063 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| GTCR W-2 Merger Sub LLC<sup>(a)</sup>  | GTCR W-2 Merger Sub LLC<sup>(a)</sup>  | GTCR W-2 Merger Sub LLC<sup>(a)</sup>  | GTCR W-2 Merger Sub LLC<sup>(a)</sup>  |
| 01/15/2031 | &nbsp;&nbsp; 7.500% | 5615000 | &nbsp;&nbsp; 5955502 |
| HealthEquity, Inc.<sup>(a)</sup>  | HealthEquity, Inc.<sup>(a)</sup>  | HealthEquity, Inc.<sup>(a)</sup>  | HealthEquity, Inc.<sup>(a)</sup>  |
| 10/01/2029 | &nbsp;&nbsp; 4.500% | 2857000 | &nbsp;&nbsp; 2763093 |
| Helios Software Holdings, Inc.<sup>(a)</sup>  | Helios Software Holdings, Inc.<sup>(a)</sup>  | Helios Software Holdings, Inc.<sup>(a)</sup>  | Helios Software Holdings, Inc.<sup>(a)</sup>  |
| 05/01/2028 | &nbsp;&nbsp; 4.625% | 2367000 | &nbsp;&nbsp; 2239543 |
| Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl<sup>(a)</sup>  | Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl<sup>(a)</sup>  | Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl<sup>(a)</sup>  | Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl<sup>(a)</sup>  |
| 05/01/2029 | &nbsp;&nbsp; 8.750% | 4437000 | &nbsp;&nbsp; 4557829 |
| Intel Corp. | Intel Corp. | Intel Corp. | Intel Corp. |
| 03/25/2050 | &nbsp;&nbsp; 4.750% | 6800000 | &nbsp;&nbsp; 5445193 |
| International Business Machines Corp. | International Business Machines Corp. | International Business Machines Corp. | International Business Machines Corp. |
| 05/15/2026 | &nbsp;&nbsp; 3.300% | 17860000 | &nbsp;&nbsp; 17738766 |
| ION Trading Technologies Sarl<sup>(a)</sup>  | ION Trading Technologies Sarl<sup>(a)</sup>  | ION Trading Technologies Sarl<sup>(a)</sup>  | ION Trading Technologies Sarl<sup>(a)</sup>  |
| 05/15/2028 | &nbsp;&nbsp; 5.750% | 2590000 | &nbsp;&nbsp; 2511407 |
| 05/30/2029 | &nbsp;&nbsp; 9.500% | 4782000 | &nbsp;&nbsp; 5005396 |
| Iron Mountain, Inc.<sup>(a)</sup>  | Iron Mountain, Inc.<sup>(a)</sup>  | Iron Mountain, Inc.<sup>(a)</sup>  | Iron Mountain, Inc.<sup>(a)</sup>  |
| 09/15/2027 | &nbsp;&nbsp; 4.875% | 4523000 | &nbsp;&nbsp; 4496367 |
| 09/15/2029 | &nbsp;&nbsp; 4.875% | 664000 | &nbsp;&nbsp; 653186 |
| 07/15/2030 | &nbsp;&nbsp; 5.250% | 2592000 | &nbsp;&nbsp; 2562654 |
| 01/15/2033 | &nbsp;&nbsp; 6.250% | 1187000 | &nbsp;&nbsp; 1213156 |
| Minerva Merger Sub, Inc.<sup>(a)</sup>  | Minerva Merger Sub, Inc.<sup>(a)</sup>  | Minerva Merger Sub, Inc.<sup>(a)</sup>  | Minerva Merger Sub, Inc.<sup>(a)</sup>  |
| 02/15/2030 | &nbsp;&nbsp; 6.500% | 6318000 | &nbsp;&nbsp; 6196189 |
| NCR Atleos Escrow Corp.<sup>(a)</sup>  | NCR Atleos Escrow Corp.<sup>(a)</sup>  | NCR Atleos Escrow Corp.<sup>(a)</sup>  | NCR Atleos Escrow Corp.<sup>(a)</sup>  |
| 04/01/2029 | &nbsp;&nbsp; 9.500% | 4022000 | &nbsp;&nbsp; 4361615 |
| NCR Corp.<sup>(a)</sup>  | NCR Corp.<sup>(a)</sup>  | NCR Corp.<sup>(a)</sup>  | NCR Corp.<sup>(a)</sup>  |
| 10/01/2028 | &nbsp;&nbsp; 5.000% | 3473000 | &nbsp;&nbsp; 3423536 |
| 04/15/2029 | &nbsp;&nbsp; 5.125% | 982000 | &nbsp;&nbsp; 970642 |
| Neptune Bidco US, Inc.<sup>(a)</sup>  | Neptune Bidco US, Inc.<sup>(a)</sup>  | Neptune Bidco US, Inc.<sup>(a)</sup>  | Neptune Bidco US, Inc.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 9.290% | 6352000 | &nbsp;&nbsp; 6321527 |
| NXP BV/Funding LLC/USA, Inc. | NXP BV/Funding LLC/USA, Inc. | NXP BV/Funding LLC/USA, Inc. | NXP BV/Funding LLC/USA, Inc. |
| 05/01/2030 | &nbsp;&nbsp; 3.400% | 2210000 | &nbsp;&nbsp; 2114639 |
| 01/15/2033 | &nbsp;&nbsp; 5.000% | 7610000 | &nbsp;&nbsp; 7620136 |
| Picard Midco, Inc.<sup>(a)</sup>  | Picard Midco, Inc.<sup>(a)</sup>  | Picard Midco, Inc.<sup>(a)</sup>  | Picard Midco, Inc.<sup>(a)</sup>  |
| 03/31/2029 | &nbsp;&nbsp; 6.500% | 8693000 | &nbsp;&nbsp; 8789562 |
| Seagate Data Storage Technology Pte Ltd.<sup>(a)</sup>  | Seagate Data Storage Technology Pte Ltd.<sup>(a)</sup>  | Seagate Data Storage Technology Pte Ltd.<sup>(a)</sup>  | Seagate Data Storage Technology Pte Ltd.<sup>(a)</sup>  |
| 12/15/2029 | &nbsp;&nbsp; 8.250% | 1930000 | &nbsp;&nbsp; 2052048 |
| Sensata Technologies BV<sup>(a)</sup>  | Sensata Technologies BV<sup>(a)</sup>  | Sensata Technologies BV<sup>(a)</sup>  | Sensata Technologies BV<sup>(a)</sup>  |
| 09/01/2030 | &nbsp;&nbsp; 5.875% | 2018000 | &nbsp;&nbsp; 2035583 |
| Sensata Technologies, Inc.<sup>(a)</sup>  | Sensata Technologies, Inc.<sup>(a)</sup>  | Sensata Technologies, Inc.<sup>(a)</sup>  | Sensata Technologies, Inc.<sup>(a)</sup>  |
| 07/15/2032 | &nbsp;&nbsp; 6.625% | 436000 | &nbsp;&nbsp; 450333 |
| Shift4 Payments LLC/Finance Sub, Inc.<sup>(a)</sup>  | Shift4 Payments LLC/Finance Sub, Inc.<sup>(a)</sup>  | Shift4 Payments LLC/Finance Sub, Inc.<sup>(a)</sup>  | Shift4 Payments LLC/Finance Sub, Inc.<sup>(a)</sup>  |
| 08/15/2032 | &nbsp;&nbsp; 6.750% | 2764000 | &nbsp;&nbsp; 2866082 |
| SS&C Technologies, Inc.<sup>(a)</sup>  | SS&C Technologies, Inc.<sup>(a)</sup>  | SS&C Technologies, Inc.<sup>(a)</sup>  | SS&C Technologies, Inc.<sup>(a)</sup>  |
| 06/01/2032 | &nbsp;&nbsp; 6.500% | 1508000 | &nbsp;&nbsp; 1565001 |
| Synaptics, Inc.<sup>(a)</sup>  | Synaptics, Inc.<sup>(a)</sup>  | Synaptics, Inc.<sup>(a)</sup>  | Synaptics, Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 4.000% | 3259000 | &nbsp;&nbsp; 3111452 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| UKG, Inc.<sup>(a)</sup>  | UKG, Inc.<sup>(a)</sup>  | UKG, Inc.<sup>(a)</sup>  | UKG, Inc.<sup>(a)</sup>  |
| 02/01/2031 | &nbsp;&nbsp; 6.875% | 4210000 | &nbsp;&nbsp; 4352760 |
| WEX, Inc.<sup>(a)</sup>  | WEX, Inc.<sup>(a)</sup>  | WEX, Inc.<sup>(a)</sup>  | WEX, Inc.<sup>(a)</sup>  |
| 03/15/2033 | &nbsp;&nbsp; 6.500% | 3004000 | &nbsp;&nbsp; 3075932 |
| ZoomInfo Technologies LLC/Finance Corp.<sup>(a)</sup>  | ZoomInfo Technologies LLC/Finance Corp.<sup>(a)</sup>  | ZoomInfo Technologies LLC/Finance Corp.<sup>(a)</sup>  | ZoomInfo Technologies LLC/Finance Corp.<sup>(a)</sup>  |
| 02/01/2029 | &nbsp;&nbsp; 3.875% | 5157000 | &nbsp;&nbsp; 4841603 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **198003914** |
| **Transportation Services 0.3%** | **Transportation Services 0.3%** | **Transportation Services 0.3%** | **Transportation Services 0.3%** |
| Avis Budget Car Rental LLC/Finance, Inc.<sup>(a)</sup>  | Avis Budget Car Rental LLC/Finance, Inc.<sup>(a)</sup>  | Avis Budget Car Rental LLC/Finance, Inc.<sup>(a)</sup>  | Avis Budget Car Rental LLC/Finance, Inc.<sup>(a)</sup>  |
| 02/15/2031 | &nbsp;&nbsp; 8.000% | 3179000 | &nbsp;&nbsp; 3285482 |
| 06/15/2032 | &nbsp;&nbsp; 8.375% | 1498000 | &nbsp;&nbsp; 1563506 |
| ERAC USA Finance LLC<sup>(a)</sup>  | ERAC USA Finance LLC<sup>(a)</sup>  | ERAC USA Finance LLC<sup>(a)</sup>  | ERAC USA Finance LLC<sup>(a)</sup>  |
| 11/01/2025 | &nbsp;&nbsp; 3.800% | 907000 | &nbsp;&nbsp; 905769 |
| 05/01/2028 | &nbsp;&nbsp; 4.600% | 13488000 | &nbsp;&nbsp; 13665974 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **19420731** |
| **Wireless 0.7%** | **Wireless 0.7%** | **Wireless 0.7%** | **Wireless 0.7%** |
| Altice France Holding SA<sup>(a)</sup>  | Altice France Holding SA<sup>(a)</sup>  | Altice France Holding SA<sup>(a)</sup>  | Altice France Holding SA<sup>(a)</sup>  |
| 02/15/2028 | &nbsp;&nbsp; 0.000% | 3633000 | &nbsp;&nbsp; 1322492 |
| Altice France SA<sup>(a)</sup>  | Altice France SA<sup>(a)</sup>  | Altice France SA<sup>(a)</sup>  | Altice France SA<sup>(a)</sup>  |
| 07/15/2029 | &nbsp;&nbsp; 5.125% | 5899000 | &nbsp;&nbsp; 5040585 |
| 10/15/2029 | &nbsp;&nbsp; 5.500% | 1316000 | &nbsp;&nbsp; 1128953 |
| SBA Communications Corp. | SBA Communications Corp. | SBA Communications Corp. | SBA Communications Corp. |
| 02/15/2027 | &nbsp;&nbsp; 3.875% | 460000 | &nbsp;&nbsp; 452305 |
| 02/01/2029 | &nbsp;&nbsp; 3.125% | 5224000 | &nbsp;&nbsp; 4909805 |
| Sprint Capital Corp. | Sprint Capital Corp. | Sprint Capital Corp. | Sprint Capital Corp. |
| 11/15/2028 | &nbsp;&nbsp; 6.875% | 3098000 | &nbsp;&nbsp; 3332328 |
| T-Mobile USA, Inc. | T-Mobile USA, Inc. | T-Mobile USA, Inc. | T-Mobile USA, Inc. |
| 01/15/2029 | &nbsp;&nbsp; 4.850% | 16320000 | &nbsp;&nbsp; 16642985 |
| Vmed O2 UK Financing I PLC<sup>(a)</sup>  | Vmed O2 UK Financing I PLC<sup>(a)</sup>  | Vmed O2 UK Financing I PLC<sup>(a)</sup>  | Vmed O2 UK Financing I PLC<sup>(a)</sup>  |
| 01/31/2031 | &nbsp;&nbsp; 4.250% | 4397000 | &nbsp;&nbsp; 4057920 |
| 07/15/2031 | &nbsp;&nbsp; 4.750% | 2092000 | &nbsp;&nbsp; 1956095 |
| 04/15/2032 | &nbsp;&nbsp; 7.750% | 2977000 | &nbsp;&nbsp; 3118124 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **41961592** |
| **Wirelines 0.6%** | **Wirelines 0.6%** | **Wirelines 0.6%** | **Wirelines 0.6%** |
| AT&T, Inc. | AT&T, Inc. | AT&T, Inc. | AT&T, Inc. |
| 12/01/2033 | &nbsp;&nbsp; 2.550% | 6715000 | &nbsp;&nbsp; 5647702 |
| Fibercop SpA<sup>(a)</sup>  | Fibercop SpA<sup>(a)</sup>  | Fibercop SpA<sup>(a)</sup>  | Fibercop SpA<sup>(a)</sup>  |
| 07/18/2036 | &nbsp;&nbsp; 7.200% | 2101000 | &nbsp;&nbsp; 2113881 |
| Frontier Communications Corp.<sup>(a)</sup>  | Frontier Communications Corp.<sup>(a)</sup>  | Frontier Communications Corp.<sup>(a)</sup>  | Frontier Communications Corp.<sup>(a)</sup>  |
| 05/01/2028 | &nbsp;&nbsp; 5.000% | 1941000 | &nbsp;&nbsp; 1936624 |
| Frontier Communications Holdings LLC<sup>(a)</sup>  | Frontier Communications Holdings LLC<sup>(a)</sup>  | Frontier Communications Holdings LLC<sup>(a)</sup>  | Frontier Communications Holdings LLC<sup>(a)</sup>  |
| 05/15/2030 | &nbsp;&nbsp; 8.750% | 822000 | &nbsp;&nbsp; 860550 |
| 03/15/2031 | &nbsp;&nbsp; 8.625% | 2232000 | &nbsp;&nbsp; 2370286 |
| Iliad Holding SAS<sup>(a)</sup>  | Iliad Holding SAS<sup>(a)</sup>  | Iliad Holding SAS<sup>(a)</sup>  | Iliad Holding SAS<sup>(a)</sup>  |
| 10/15/2028 | &nbsp;&nbsp; 7.000% | 5063000 | &nbsp;&nbsp; 5153374 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Iliad Holding SASU<sup>(a)</sup>  | Iliad Holding SASU<sup>(a)</sup>  | Iliad Holding SASU<sup>(a)</sup>  | Iliad Holding SASU<sup>(a)</sup>  |
| 04/15/2031 | &nbsp;&nbsp; 8.500% | 1651000 | &nbsp;&nbsp; 1776773 |
| 04/15/2032 | &nbsp;&nbsp; 7.000% | 1563000 | &nbsp;&nbsp; 1607064 |
| Optics Bidco SpA<sup>(a)</sup>  | Optics Bidco SpA<sup>(a)</sup>  | Optics Bidco SpA<sup>(a)</sup>  | Optics Bidco SpA<sup>(a)</sup>  |
| 06/04/2038 | &nbsp;&nbsp; 7.721% | 1579000 | &nbsp;&nbsp; 1601034 |
| Verizon Communications, Inc. | Verizon Communications, Inc. | Verizon Communications, Inc. | Verizon Communications, Inc. |
| 03/21/2031 | &nbsp;&nbsp; 2.550% | 7180000 | &nbsp;&nbsp; 6511354 |
| Windstream Escrow LLC/Finance Corp.<sup>(a)</sup>  | Windstream Escrow LLC/Finance Corp.<sup>(a)</sup>  | Windstream Escrow LLC/Finance Corp.<sup>(a)</sup>  | Windstream Escrow LLC/Finance Corp.<sup>(a)</sup>  |
| 10/01/2031 | &nbsp;&nbsp; 8.250% | 4339000 | &nbsp;&nbsp; 4519720 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **34098362** |
| Total Corporate Bonds & Notes <br>(Cost $2,232,188,788) | Total Corporate Bonds & Notes <br>(Cost $2,232,188,788) | Total Corporate Bonds & Notes <br>(Cost $2,232,188,788) | &nbsp;&nbsp; **2268606963** |

---

---

| | | |
|:---|:---|:---|
| **Exchange-Traded Fixed Income Funds 1.0%** | **Exchange-Traded Fixed Income Funds 1.0%** | **Exchange-Traded Fixed Income Funds 1.0%** |
|  | **Shares** | **Value ($)** |
| **High Yield 1.0%** | **High Yield 1.0%** | **High Yield 1.0%** |
| Columbia Short Duration High Yield ETF<sup>(j)</sup> <br>| &nbsp;&nbsp; 2876000 | &nbsp;&nbsp; 58526600 |
| Total Exchange-Traded Fixed Income Funds <br>(Cost $57,778,840) | Total Exchange-Traded Fixed Income Funds <br>(Cost $57,778,840) | &nbsp;&nbsp; **58526600** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Foreign Government Obligations**<sup>(k),(l)</sup> **7.9%** | **Foreign Government Obligations**<sup>(k),(l)</sup> **7.9%** | **Foreign Government Obligations**<sup>(k),(l)</sup> **7.9%** | **Foreign Government Obligations**<sup>(k),(l)</sup> **7.9%** | **Foreign Government Obligations**<sup>(k),(l)</sup> **7.9%** |
| **Issuer** | **Coupon**<br> **Rate**<br>|  | **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Angola 0.2%** | **Angola 0.2%** | **Angola 0.2%** | **Angola 0.2%** | **Angola 0.2%** |
| Angolan Government International Bond<sup>(a)</sup>  | Angolan Government International Bond<sup>(a)</sup>  | Angolan Government International Bond<sup>(a)</sup>  | Angolan Government International Bond<sup>(a)</sup>  | Angolan Government International Bond<sup>(a)</sup>  |
| 04/14/2032 | &nbsp;&nbsp; 8.750% |  | 6791000 | &nbsp;&nbsp; 6264650 |
| 05/08/2048 | &nbsp;&nbsp; 9.375% |  | 7000000 | &nbsp;&nbsp; 5799206 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **12063856** |
| **Brazil 0.5%** | **Brazil 0.5%** | **Brazil 0.5%** | **Brazil 0.5%** | **Brazil 0.5%** |
| Brazil Notas do Tesouro Nacional | Brazil Notas do Tesouro Nacional | Brazil Notas do Tesouro Nacional | Brazil Notas do Tesouro Nacional | Brazil Notas do Tesouro Nacional |
| 01/01/2031 | &nbsp;&nbsp; 10.000% | BRL | 94000000 | &nbsp;&nbsp; 15386915 |
| Brazilian Government International Bond | Brazilian Government International Bond | Brazilian Government International Bond | Brazilian Government International Bond | Brazilian Government International Bond |
| 06/12/2030 | &nbsp;&nbsp; 3.875% |  | 2024000 | &nbsp;&nbsp; 1938444 |
| 01/07/2041 | &nbsp;&nbsp; 5.625% |  | 11000000 | &nbsp;&nbsp; 10061879 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **27387238** |
| **Canada 0.1%** | **Canada 0.1%** | **Canada 0.1%** | **Canada 0.1%** | **Canada 0.1%** |
| NOVA Chemicals Corp.<sup>(a)</sup>  | NOVA Chemicals Corp.<sup>(a)</sup>  | NOVA Chemicals Corp.<sup>(a)</sup>  | NOVA Chemicals Corp.<sup>(a)</sup>  | NOVA Chemicals Corp.<sup>(a)</sup>  |
| 06/01/2027 | &nbsp;&nbsp; 5.250% |  | 3264000 | &nbsp;&nbsp; 3272987 |
| 11/15/2028 | &nbsp;&nbsp; 8.500% |  | 880000 | &nbsp;&nbsp; 923371 |
| 02/15/2030 | &nbsp;&nbsp; 9.000% |  | 2480000 | &nbsp;&nbsp; 2666206 |
| 12/01/2031 | &nbsp;&nbsp; 7.000% |  | 1080000 | &nbsp;&nbsp; 1135383 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **7997947** |
| **Chile 0.2%** | **Chile 0.2%** | **Chile 0.2%** | **Chile 0.2%** | **Chile 0.2%** |
| Corp Nacional del Cobre de Chile<sup>(a)</sup>  | Corp Nacional del Cobre de Chile<sup>(a)</sup>  | Corp Nacional del Cobre de Chile<sup>(a)</sup>  | Corp Nacional del Cobre de Chile<sup>(a)</sup>  | Corp Nacional del Cobre de Chile<sup>(a)</sup>  |
| 01/30/2050 | &nbsp;&nbsp; 3.700% |  | 9000000 | &nbsp;&nbsp; 6108746 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>|  | **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Corporación Nacional del Cobre de Chile<sup>(a)</sup>  | Corporación Nacional del Cobre de Chile<sup>(a)</sup>  | Corporación Nacional del Cobre de Chile<sup>(a)</sup>  | Corporación Nacional del Cobre de Chile<sup>(a)</sup>  | Corporación Nacional del Cobre de Chile<sup>(a)</sup>  |
| 01/26/2036 | &nbsp;&nbsp; 6.440% |  | 5176000 | &nbsp;&nbsp; 5462634 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **11571380** |
| **Colombia 0.8%** | **Colombia 0.8%** | **Colombia 0.8%** | **Colombia 0.8%** | **Colombia 0.8%** |
| Colombia Government International Bond | Colombia Government International Bond | Colombia Government International Bond | Colombia Government International Bond | Colombia Government International Bond |
| 06/15/2045 | &nbsp;&nbsp; 5.000% |  | 14500000 | &nbsp;&nbsp; 10560626 |
| 05/15/2049 | &nbsp;&nbsp; 5.200% |  | 9119000 | &nbsp;&nbsp; 6659679 |
| Colombian TES | Colombian TES | Colombian TES | Colombian TES | Colombian TES |
| 04/28/2028 | &nbsp;&nbsp; 6.000% | COP | 126000000000 | &nbsp;&nbsp; 28571487 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **45791792** |
| **Dominican Republic 0.3%** | **Dominican Republic 0.3%** | **Dominican Republic 0.3%** | **Dominican Republic 0.3%** | **Dominican Republic 0.3%** |
| Dominican Republic International Bond<sup>(a)</sup>  | Dominican Republic International Bond<sup>(a)</sup>  | Dominican Republic International Bond<sup>(a)</sup>  | Dominican Republic International Bond<sup>(a)</sup>  | Dominican Republic International Bond<sup>(a)</sup>  |
| 01/25/2027 | &nbsp;&nbsp; 5.950% |  | 4475000 | &nbsp;&nbsp; 4543011 |
| 04/30/2044 | &nbsp;&nbsp; 7.450% |  | 7900000 | &nbsp;&nbsp; 8456338 |
| 01/27/2045 | &nbsp;&nbsp; 6.850% |  | 3544000 | &nbsp;&nbsp; 3587974 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **16587323** |
| **Egypt 0.1%** | **Egypt 0.1%** | **Egypt 0.1%** | **Egypt 0.1%** | **Egypt 0.1%** |
| Egypt Government International Bond<sup>(a)</sup>  | Egypt Government International Bond<sup>(a)</sup>  | Egypt Government International Bond<sup>(a)</sup>  | Egypt Government International Bond<sup>(a)</sup>  | Egypt Government International Bond<sup>(a)</sup>  |
| 01/31/2047 | &nbsp;&nbsp; 8.500% |  | 5700000 | &nbsp;&nbsp; 4730882 |
| **France 0.8%** | **France 0.8%** | **France 0.8%** | **France 0.8%** | **France 0.8%** |
| French Republic Government Bond OAT<sup>(a)</sup>  | French Republic Government Bond OAT<sup>(a)</sup>  | French Republic Government Bond OAT<sup>(a)</sup>  | French Republic Government Bond OAT<sup>(a)</sup>  | French Republic Government Bond OAT<sup>(a)</sup>  |
| 05/25/2052 | &nbsp;&nbsp; 0.750% | EUR | 47773000 | &nbsp;&nbsp; 24598158 |
| 05/25/2053 | &nbsp;&nbsp; 0.750% | EUR | 47918000 | &nbsp;&nbsp; 23923745 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **48521903** |
| **Ghana 0.2%** | **Ghana 0.2%** | **Ghana 0.2%** | **Ghana 0.2%** | **Ghana 0.2%** |
| Ghana Government International Bond<sup>(a),(h)</sup>  | Ghana Government International Bond<sup>(a),(h)</sup>  | Ghana Government International Bond<sup>(a),(h)</sup>  | Ghana Government International Bond<sup>(a),(h)</sup>  | Ghana Government International Bond<sup>(a),(h)</sup>  |
| 07/03/2035 | &nbsp;&nbsp; 5.000% |  | 14873452 | &nbsp;&nbsp; 12220232 |
| **Hungary 0.2%** | **Hungary 0.2%** | **Hungary 0.2%** | **Hungary 0.2%** | **Hungary 0.2%** |
| Hungary Government International Bond<sup>(a)</sup>  | Hungary Government International Bond<sup>(a)</sup>  | Hungary Government International Bond<sup>(a)</sup>  | Hungary Government International Bond<sup>(a)</sup>  | Hungary Government International Bond<sup>(a)</sup>  |
| 09/23/2055 | &nbsp;&nbsp; 6.750% |  | 8699000 | &nbsp;&nbsp; 8968307 |
| **India 0.6%** | **India 0.6%** | **India 0.6%** | **India 0.6%** | **India 0.6%** |
| Export-Import Bank of India<sup>(a)</sup>  | Export-Import Bank of India<sup>(a)</sup>  | Export-Import Bank of India<sup>(a)</sup>  | Export-Import Bank of India<sup>(a)</sup>  | Export-Import Bank of India<sup>(a)</sup>  |
| 01/15/2030 | &nbsp;&nbsp; 3.250% |  | 6200000 | &nbsp;&nbsp; 5920821 |
| India Government Bond | India Government Bond | India Government Bond | India Government Bond | India Government Bond |
| 02/06/2033 | &nbsp;&nbsp; 7.260% | INR | 1972730000 | &nbsp;&nbsp; 23141527 |
| Indian Railway Finance Corp., Ltd.<sup>(a)</sup>  | Indian Railway Finance Corp., Ltd.<sup>(a)</sup>  | Indian Railway Finance Corp., Ltd.<sup>(a)</sup>  | Indian Railway Finance Corp., Ltd.<sup>(a)</sup>  | Indian Railway Finance Corp., Ltd.<sup>(a)</sup>  |
| 02/10/2031 | &nbsp;&nbsp; 2.800% |  | 7000000 | &nbsp;&nbsp; 6424774 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **35487122** |
| **Indonesia 0.2%** | **Indonesia 0.2%** | **Indonesia 0.2%** | **Indonesia 0.2%** | **Indonesia 0.2%** |
| Indonesia Treasury Bond | Indonesia Treasury Bond | Indonesia Treasury Bond | Indonesia Treasury Bond | Indonesia Treasury Bond |
| 04/15/2039 | &nbsp;&nbsp; 8.375% | IDR | 68305000000 | &nbsp;&nbsp; 4738747 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>|  | **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| PT Pertamina Persero<sup>(a)</sup>  | PT Pertamina Persero<sup>(a)</sup>  | PT Pertamina Persero<sup>(a)</sup>  | PT Pertamina Persero<sup>(a)</sup>  | PT Pertamina Persero<sup>(a)</sup>  |
| 02/09/2031 | &nbsp;&nbsp; 2.300% |  | 6300000 | &nbsp;&nbsp; 5597914 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **10336661** |
| **Ivory Coast 0.2%** | **Ivory Coast 0.2%** | **Ivory Coast 0.2%** | **Ivory Coast 0.2%** | **Ivory Coast 0.2%** |
| Ivory Coast Government International Bond<sup>(a)</sup>  | Ivory Coast Government International Bond<sup>(a)</sup>  | Ivory Coast Government International Bond<sup>(a)</sup>  | Ivory Coast Government International Bond<sup>(a)</sup>  | Ivory Coast Government International Bond<sup>(a)</sup>  |
| 06/15/2033 | &nbsp;&nbsp; 6.125% |  | 3847000 | &nbsp;&nbsp; 3566493 |
| 01/30/2037 | &nbsp;&nbsp; 8.250% |  | 10030000 | &nbsp;&nbsp; 9973458 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **13539951** |
| **Kazakhstan 0.1%** | **Kazakhstan 0.1%** | **Kazakhstan 0.1%** | **Kazakhstan 0.1%** | **Kazakhstan 0.1%** |
| KazMunayGas National Co., JSC<sup>(a)</sup>  | KazMunayGas National Co., JSC<sup>(a)</sup>  | KazMunayGas National Co., JSC<sup>(a)</sup>  | KazMunayGas National Co., JSC<sup>(a)</sup>  | KazMunayGas National Co., JSC<sup>(a)</sup>  |
| 10/24/2048 | &nbsp;&nbsp; 6.375% |  | 7000000 | &nbsp;&nbsp; 6722844 |
| **Malaysia 0.1%** | **Malaysia 0.1%** | **Malaysia 0.1%** | **Malaysia 0.1%** | **Malaysia 0.1%** |
| Petronas Capital Ltd.<sup>(a)</sup>  | Petronas Capital Ltd.<sup>(a)</sup>  | Petronas Capital Ltd.<sup>(a)</sup>  | Petronas Capital Ltd.<sup>(a)</sup>  | Petronas Capital Ltd.<sup>(a)</sup>  |
| 04/03/2055 | &nbsp;&nbsp; 5.848% |  | 5720000 | &nbsp;&nbsp; 5858984 |
| **Mexico 1.4%** | **Mexico 1.4%** | **Mexico 1.4%** | **Mexico 1.4%** | **Mexico 1.4%** |
| Mexican Bonos | Mexican Bonos | Mexican Bonos | Mexican Bonos | Mexican Bonos |
| 02/28/2030 | &nbsp;&nbsp; 8.500% | MXN | 533111300 | &nbsp;&nbsp; 28726828 |
| Mexico Government International Bond | Mexico Government International Bond | Mexico Government International Bond | Mexico Government International Bond | Mexico Government International Bond |
| 05/07/2036 | &nbsp;&nbsp; 6.000% |  | 5257000 | &nbsp;&nbsp; 5271938 |
| 01/29/2038 | &nbsp;&nbsp; 6.625% |  | 3692000 | &nbsp;&nbsp; 3780912 |
| 08/14/2041 | &nbsp;&nbsp; 4.280% |  | 300000 | &nbsp;&nbsp; 234428 |
| Petroleos Mexicanos | Petroleos Mexicanos | Petroleos Mexicanos | Petroleos Mexicanos | Petroleos Mexicanos |
| 03/13/2027 | &nbsp;&nbsp; 6.500% |  | 7689000 | &nbsp;&nbsp; 7722819 |
| 02/12/2028 | &nbsp;&nbsp; 5.350% |  | 4594000 | &nbsp;&nbsp; 4498806 |
| 01/28/2031 | &nbsp;&nbsp; 5.950% |  | 11183000 | &nbsp;&nbsp; 10464898 |
| 06/15/2035 | &nbsp;&nbsp; 6.625% |  | 5886000 | &nbsp;&nbsp; 5332900 |
| 02/12/2048 | &nbsp;&nbsp; 6.350% |  | 8000000 | &nbsp;&nbsp; 5981638 |
| 01/23/2050 | &nbsp;&nbsp; 7.690% |  | 14520000 | &nbsp;&nbsp; 12414544 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **84429711** |
| **Nigeria 0.1%** | **Nigeria 0.1%** | **Nigeria 0.1%** | **Nigeria 0.1%** | **Nigeria 0.1%** |
| Nigeria Government International Bond<sup>(a)</sup>  | Nigeria Government International Bond<sup>(a)</sup>  | Nigeria Government International Bond<sup>(a)</sup>  | Nigeria Government International Bond<sup>(a)</sup>  | Nigeria Government International Bond<sup>(a)</sup>  |
| 11/28/2047 | &nbsp;&nbsp; 7.625% |  | 7000000 | &nbsp;&nbsp; 5850242 |
| **Oman 0.1%** | **Oman 0.1%** | **Oman 0.1%** | **Oman 0.1%** | **Oman 0.1%** |
| Oman Government International Bond<sup>(a)</sup>  | Oman Government International Bond<sup>(a)</sup>  | Oman Government International Bond<sup>(a)</sup>  | Oman Government International Bond<sup>(a)</sup>  | Oman Government International Bond<sup>(a)</sup>  |
| 01/17/2048 | &nbsp;&nbsp; 6.750% |  | 6506000 | &nbsp;&nbsp; 6960481 |
| **Panama 0.1%** | **Panama 0.1%** | **Panama 0.1%** | **Panama 0.1%** | **Panama 0.1%** |
| Panama Government International Bond | Panama Government International Bond | Panama Government International Bond | Panama Government International Bond | Panama Government International Bond |
| 01/19/2033 | &nbsp;&nbsp; 3.298% |  | 6779000 | &nbsp;&nbsp; 5714831 |
| **Paraguay 0.1%** | **Paraguay 0.1%** | **Paraguay 0.1%** | **Paraguay 0.1%** | **Paraguay 0.1%** |
| Paraguay Government International Bond<sup>(a)</sup>  | Paraguay Government International Bond<sup>(a)</sup>  | Paraguay Government International Bond<sup>(a)</sup>  | Paraguay Government International Bond<sup>(a)</sup>  | Paraguay Government International Bond<sup>(a)</sup>  |
| 03/27/2027 | &nbsp;&nbsp; 4.700% |  | 1429000 | &nbsp;&nbsp; 1432614 |
| 08/11/2044 | &nbsp;&nbsp; 6.100% |  | 2939000 | &nbsp;&nbsp; 2903037 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **4335651** |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(k),(l)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>|  | **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Romania 0.3%** | **Romania 0.3%** | **Romania 0.3%** | **Romania 0.3%** | **Romania 0.3%** |
| Romanian Government International Bond<sup>(a)</sup>  | Romanian Government International Bond<sup>(a)</sup>  | Romanian Government International Bond<sup>(a)</sup>  | Romanian Government International Bond<sup>(a)</sup>  | Romanian Government International Bond<sup>(a)</sup>  |
| 02/10/2037 | &nbsp;&nbsp; 7.500% |  | 4732000 | &nbsp;&nbsp; 5034125 |
| 07/11/2039 | &nbsp;&nbsp; 6.750% | EUR | 3828000 | &nbsp;&nbsp; 4556995 |
| 01/28/2050 | &nbsp;&nbsp; 3.375% | EUR | 12000000 | &nbsp;&nbsp; 8758303 |
| 02/14/2051 | &nbsp;&nbsp; 4.000% |  | 2246000 | &nbsp;&nbsp; 1443775 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **19793198** |
| **Saudi Arabia 0.2%** | **Saudi Arabia 0.2%** | **Saudi Arabia 0.2%** | **Saudi Arabia 0.2%** | **Saudi Arabia 0.2%** |
| Saudi Arabian Oil Co.<sup>(a)</sup>  | Saudi Arabian Oil Co.<sup>(a)</sup>  | Saudi Arabian Oil Co.<sup>(a)</sup>  | Saudi Arabian Oil Co.<sup>(a)</sup>  | Saudi Arabian Oil Co.<sup>(a)</sup>  |
| 11/24/2030 | &nbsp;&nbsp; 2.250% |  | 15163000 | &nbsp;&nbsp; 13687809 |
| **South Korea 0.4%** | **South Korea 0.4%** | **South Korea 0.4%** | **South Korea 0.4%** | **South Korea 0.4%** |
| Korea Treasury Bond | Korea Treasury Bond | Korea Treasury Bond | Korea Treasury Bond | Korea Treasury Bond |
| 03/10/2028 | &nbsp;&nbsp; 3.250% | KRW | 31900000000 | &nbsp;&nbsp; 23756639 |
| **Turkey 0.3%** | **Turkey 0.3%** | **Turkey 0.3%** | **Turkey 0.3%** | **Turkey 0.3%** |
| Turkiye Government International Bond | Turkiye Government International Bond | Turkiye Government International Bond | Turkiye Government International Bond | Turkiye Government International Bond |
| 02/12/2032 | &nbsp;&nbsp; 7.125% |  | 17157000 | &nbsp;&nbsp; 17611394 |
| **United Arab Emirates 0.3%** | **United Arab Emirates 0.3%** | **United Arab Emirates 0.3%** | **United Arab Emirates 0.3%** | **United Arab Emirates 0.3%** |
| DP World Crescent Ltd.<sup>(a)</sup>  | DP World Crescent Ltd.<sup>(a)</sup>  | DP World Crescent Ltd.<sup>(a)</sup>  | DP World Crescent Ltd.<sup>(a)</sup>  | DP World Crescent Ltd.<sup>(a)</sup>  |
| 07/18/2029 | &nbsp;&nbsp; 3.875% |  | 5600000 | &nbsp;&nbsp; 5459963 |
| DP World Ltd.<sup>(a)</sup>  | DP World Ltd.<sup>(a)</sup>  | DP World Ltd.<sup>(a)</sup>  | DP World Ltd.<sup>(a)</sup>  | DP World Ltd.<sup>(a)</sup>  |
| 09/25/2048 | &nbsp;&nbsp; 5.625% |  | 6091000 | &nbsp;&nbsp; 5878910 |
| DP World PLC<sup>(a)</sup>  | DP World PLC<sup>(a)</sup>  | DP World PLC<sup>(a)</sup>  | DP World PLC<sup>(a)</sup>  | DP World PLC<sup>(a)</sup>  |
| 07/02/2037 | &nbsp;&nbsp; 6.850% |  | 3650000 | &nbsp;&nbsp; 4144797 |
| 09/30/2049 | &nbsp;&nbsp; 4.700% |  | 2000000 | &nbsp;&nbsp; 1697077 |
| **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp; **17180747** |
| Total Foreign Government Obligations <br>(Cost $469,261,882) | Total Foreign Government Obligations <br>(Cost $469,261,882) | Total Foreign Government Obligations <br>(Cost $469,261,882) | Total Foreign Government Obligations <br>(Cost $469,261,882) | &nbsp;&nbsp; **467107125** |

---

---

| | |
|:---|:---|
| **Joint Ventures**<sup>(m)</sup> **0.4%** | **Joint Ventures**<sup>(m)</sup> **0.4%** |
|  | **Value ($)** |
| Itasca Park LLC - Unfunded<sup>(c),(d),(f),(j),(n)</sup> <br>| &nbsp;&nbsp; 25000000 |
| Total Joint Ventures <br>(Cost $25,000,000) | &nbsp;&nbsp; **25000000** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency 41.5%** | **Residential Mortgage-Backed Securities - Agency 41.5%** | **Residential Mortgage-Backed Securities - Agency 41.5%** | **Residential Mortgage-Backed Securities - Agency 41.5%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Fannie Mae REMICS<sup>(b),(o)</sup>  | Fannie Mae REMICS<sup>(b),(o)</sup>  | Fannie Mae REMICS<sup>(b),(o)</sup>  | Fannie Mae REMICS<sup>(b),(o)</sup>  |
| CMO Series 2022-27 Class SJ | CMO Series 2022-27 Class SJ | CMO Series 2022-27 Class SJ | CMO Series 2022-27 Class SJ |
| -1.0 x 30-day Average SOFR + <br> 6.100% <br>Cap 6.100% <br>06/25/2052<br>| &nbsp;&nbsp; 1.752% | 45564136 | &nbsp;&nbsp; 4911659 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2023-46 Class SD | CMO Series 2023-46 Class SD | CMO Series 2023-46 Class SD | CMO Series 2023-46 Class SD |
| -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>06/25/2050<br>| &nbsp;&nbsp; 1.537% | 63923500 | &nbsp;&nbsp; 7249328 |
| CMO Series 2023-62 Class SA | CMO Series 2023-62 Class SA | CMO Series 2023-62 Class SA | CMO Series 2023-62 Class SA |
| -1.0 x 30-day Average SOFR + <br> 6.086% <br>Cap 6.200% <br>10/25/2048<br>| &nbsp;&nbsp; 1.737% | 66639663 | &nbsp;&nbsp; 8235003 |
| Fannie Mae REMICS<sup>(b)</sup>  | Fannie Mae REMICS<sup>(b)</sup>  | Fannie Mae REMICS<sup>(b)</sup>  | Fannie Mae REMICS<sup>(b)</sup>  |
| CMO Series 2025-13 Class FA | CMO Series 2025-13 Class FA | CMO Series 2025-13 Class FA | CMO Series 2025-13 Class FA |
| 30-day Average SOFR + <br> 1.300% <br>Floor 1.300%, Cap 6.500% <br>03/25/2055<br>| &nbsp;&nbsp; 5.648% | 59491221 | &nbsp;&nbsp; 59660039 |
| CMO Series 2025-52 Class FM | CMO Series 2025-52 Class FM | CMO Series 2025-52 Class FM | CMO Series 2025-52 Class FM |
| 30-day Average SOFR + <br> 1.350% <br>Floor 1.350%, Cap 6.500% <br>07/25/2055<br>| &nbsp;&nbsp; 5.698% | 49148447 | &nbsp;&nbsp; 49464319 |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |
| 05/01/2052 | &nbsp;&nbsp; 3.000% | 51589268 | &nbsp;&nbsp; 45255188 |
| 09/01/2052- <br>10/01/2053<br>| &nbsp;&nbsp; 5.000% | 73816379 | &nbsp;&nbsp; 74150520 |
| 12/01/2053 | &nbsp;&nbsp; 5.500% | 33931008 | &nbsp;&nbsp; 34525630 |
| 12/01/2053 | &nbsp;&nbsp; 6.000% | 35519442 | &nbsp;&nbsp; 36767643 |
| Federal Home Loan Mortgage Corp.<sup>(o)</sup>  | Federal Home Loan Mortgage Corp.<sup>(o)</sup>  | Federal Home Loan Mortgage Corp.<sup>(o)</sup>  | Federal Home Loan Mortgage Corp.<sup>(o)</sup>  |
| CMO Series 304 Class C69 | CMO Series 304 Class C69 | CMO Series 304 Class C69 | CMO Series 304 Class C69 |
| 12/15/2042 | &nbsp;&nbsp; 4.000% | 1755023 | &nbsp;&nbsp; 305679 |
| CMO Series 4147 Class CI | CMO Series 4147 Class CI | CMO Series 4147 Class CI | CMO Series 4147 Class CI |
| 01/15/2041 | &nbsp;&nbsp; 3.500% | 355572 | &nbsp;&nbsp; 2791 |
| Federal Home Loan Mortgage Corp.<sup>(b),(o)</sup>  | Federal Home Loan Mortgage Corp.<sup>(b),(o)</sup>  | Federal Home Loan Mortgage Corp.<sup>(b),(o)</sup>  | Federal Home Loan Mortgage Corp.<sup>(b),(o)</sup>  |
| CMO Series 318 Class S1 | CMO Series 318 Class S1 | CMO Series 318 Class S1 | CMO Series 318 Class S1 |
| -1.0 x 30-day Average SOFR + <br> 5.836% <br>Cap 5.950% <br>11/15/2043<br>| &nbsp;&nbsp; 1.493% | 3571870 | &nbsp;&nbsp; 406346 |
| CMO Series 4620 Class AS | CMO Series 4620 Class AS | CMO Series 4620 Class AS | CMO Series 4620 Class AS |
| -1.0 x 30-day Average SOFR + <br> 0.554% <br>11/15/2042<br>| &nbsp;&nbsp; 1.906% | 5524297 | &nbsp;&nbsp; 552884 |
| CMO Series 4903 Class SA | CMO Series 4903 Class SA | CMO Series 4903 Class SA | CMO Series 4903 Class SA |
| -1.0 x 30-day Average SOFR + <br> 5.936% <br>Cap 6.050% <br>08/25/2049<br>| &nbsp;&nbsp; 1.587% | 19427793 | &nbsp;&nbsp; 2338331 |
| CMO STRIPS Series 326 Class S1 | CMO STRIPS Series 326 Class S1 | CMO STRIPS Series 326 Class S1 | CMO STRIPS Series 326 Class S1 |
| -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>03/15/2044<br>| &nbsp;&nbsp; 1.543% | 623968 | &nbsp;&nbsp; 68259 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Federal Home Loan Mortgage Corp.<sup>(o),(p)</sup>  | Federal Home Loan Mortgage Corp.<sup>(o),(p)</sup>  | Federal Home Loan Mortgage Corp.<sup>(o),(p)</sup>  | Federal Home Loan Mortgage Corp.<sup>(o),(p)</sup>  |
| CMO Series 4515 Class SA | CMO Series 4515 Class SA | CMO Series 4515 Class SA | CMO Series 4515 Class SA |
| 08/15/2038 | &nbsp;&nbsp; 2.299% | 2257625 | &nbsp;&nbsp; 140254 |
| Federal Home Loan Mortgage Corp. REMICS<sup>(o)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(o)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(o)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(o)</sup>  |
| CMO Series 5051 Class KI | CMO Series 5051 Class KI | CMO Series 5051 Class KI | CMO Series 5051 Class KI |
| 12/25/2050 | &nbsp;&nbsp; 2.500% | 31441874 | &nbsp;&nbsp; 4679717 |
| CMO Series 5192 Class PI | CMO Series 5192 Class PI | CMO Series 5192 Class PI | CMO Series 5192 Class PI |
| 10/25/2051 | &nbsp;&nbsp; 2.500% | 50222096 | &nbsp;&nbsp; 6431848 |
| CMO Series 5198 Class KI | CMO Series 5198 Class KI | CMO Series 5198 Class KI | CMO Series 5198 Class KI |
| 02/25/2052 | &nbsp;&nbsp; 3.000% | 37513301 | &nbsp;&nbsp; 6595615 |
| Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |
| 08/01/2032- <br>04/01/2052<br>| &nbsp;&nbsp; 3.000% | 32614054 | &nbsp;&nbsp; 28623115 |
| 04/01/2052 | &nbsp;&nbsp; 2.500% | 13672713 | &nbsp;&nbsp; 11401702 |
| 05/01/2052- <br>06/01/2052<br>| &nbsp;&nbsp; 3.500% | 144236082 | &nbsp;&nbsp; 132210233 |
| 10/01/2053 | &nbsp;&nbsp; 5.500% | 32077140 | &nbsp;&nbsp; 32639249 |
| Federal National Mortgage Association<sup>(o),(p)</sup>  | Federal National Mortgage Association<sup>(o),(p)</sup>  | Federal National Mortgage Association<sup>(o),(p)</sup>  | Federal National Mortgage Association<sup>(o),(p)</sup>  |
| CMO Series 2006-5 Class N1 | CMO Series 2006-5 Class N1 | CMO Series 2006-5 Class N1 | CMO Series 2006-5 Class N1 |
| 08/25/2034 | &nbsp;&nbsp; 0.000% | 1829935 | &nbsp;&nbsp; 18 |
| Federal National Mortgage Association<sup>(o)</sup>  | Federal National Mortgage Association<sup>(o)</sup>  | Federal National Mortgage Association<sup>(o)</sup>  | Federal National Mortgage Association<sup>(o)</sup>  |
| CMO Series 2012-129 Class IC | CMO Series 2012-129 Class IC | CMO Series 2012-129 Class IC | CMO Series 2012-129 Class IC |
| 01/25/2041 | &nbsp;&nbsp; 3.500% | 231526 | &nbsp;&nbsp; 3233 |
| CMO Series 2012-131 Class MI | CMO Series 2012-131 Class MI | CMO Series 2012-131 Class MI | CMO Series 2012-131 Class MI |
| 01/25/2040 | &nbsp;&nbsp; 3.500% | 122010 | &nbsp;&nbsp; 490 |
| CMO Series 2013-1 Class AI | CMO Series 2013-1 Class AI | CMO Series 2013-1 Class AI | CMO Series 2013-1 Class AI |
| 02/25/2043 | &nbsp;&nbsp; 3.500% | 1299138 | &nbsp;&nbsp; 182904 |
| Federal National Mortgage Association<sup>(b),(o)</sup>  | Federal National Mortgage Association<sup>(b),(o)</sup>  | Federal National Mortgage Association<sup>(b),(o)</sup>  | Federal National Mortgage Association<sup>(b),(o)</sup>  |
| CMO Series 2013-101 Class CS | CMO Series 2013-101 Class CS | CMO Series 2013-101 Class CS | CMO Series 2013-101 Class CS |
| -1.0 x 30-day Average SOFR + <br> 5.786% <br>Cap 5.900% <br>10/25/2043<br>| &nbsp;&nbsp; 1.437% | 5111490 | &nbsp;&nbsp; 567813 |
| CMO Series 2014-93 Class ES | CMO Series 2014-93 Class ES | CMO Series 2014-93 Class ES | CMO Series 2014-93 Class ES |
| -1.0 x 30-day Average SOFR + <br> 6.036% <br>Cap 6.150% <br>01/25/2045<br>| &nbsp;&nbsp; 1.687% | 8728339 | &nbsp;&nbsp; 1112289 |
| CMO Series 2016-26 Class SA | CMO Series 2016-26 Class SA | CMO Series 2016-26 Class SA | CMO Series 2016-26 Class SA |
| -1.0 x 30-day Average SOFR + <br> 5.936% <br>Cap 6.050% <br>05/25/2046<br>| &nbsp;&nbsp; 1.587% | 7713400 | &nbsp;&nbsp; 939319 |
| CMO Series 2016-31 Class VS | CMO Series 2016-31 Class VS | CMO Series 2016-31 Class VS | CMO Series 2016-31 Class VS |
| -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>06/25/2046<br>| &nbsp;&nbsp; 1.537% | 4929038 | &nbsp;&nbsp; 619819 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2016-42 Class SB | CMO Series 2016-42 Class SB | CMO Series 2016-42 Class SB | CMO Series 2016-42 Class SB |
| -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>07/25/2046<br>| &nbsp;&nbsp; 1.537% | 17415725 | &nbsp;&nbsp; 1961058 |
| CMO Series 2017-47 Class SE | CMO Series 2017-47 Class SE | CMO Series 2017-47 Class SE | CMO Series 2017-47 Class SE |
| -1.0 x 30-day Average SOFR + <br> 5.986% <br>Cap 6.100% <br>06/25/2047<br>| &nbsp;&nbsp; 1.637% | 5413460 | &nbsp;&nbsp; 671221 |
| CMO Series 2017-56 Class SB | CMO Series 2017-56 Class SB | CMO Series 2017-56 Class SB | CMO Series 2017-56 Class SB |
| -1.0 x 30-day Average SOFR + <br> 6.036% <br>Cap 6.150% <br>07/25/2047<br>| &nbsp;&nbsp; 1.687% | 18897602 | &nbsp;&nbsp; 2430071 |
| CMO Series 2018-76 Class SN | CMO Series 2018-76 Class SN | CMO Series 2018-76 Class SN | CMO Series 2018-76 Class SN |
| -1.0 x 30-day Average SOFR + <br> 6.036% <br>Cap 6.150% <br>10/25/2048<br>| &nbsp;&nbsp; 1.687% | 6243811 | &nbsp;&nbsp; 885642 |
| CMO Series 2019-67 Class SE | CMO Series 2019-67 Class SE | CMO Series 2019-67 Class SE | CMO Series 2019-67 Class SE |
| -1.0 x 30-day Average SOFR + <br> 5.936% <br>Cap 6.050% <br>11/25/2049<br>| &nbsp;&nbsp; 1.587% | 17107675 | &nbsp;&nbsp; 2265356 |
| CMO Series 2019-8 Class SG | CMO Series 2019-8 Class SG | CMO Series 2019-8 Class SG | CMO Series 2019-8 Class SG |
| -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>03/25/2049<br>| &nbsp;&nbsp; 1.537% | 17301518 | &nbsp;&nbsp; 1917025 |
| Federal National Mortgage Association REMICS<sup>(o)</sup>  | Federal National Mortgage Association REMICS<sup>(o)</sup>  | Federal National Mortgage Association REMICS<sup>(o)</sup>  | Federal National Mortgage Association REMICS<sup>(o)</sup>  |
| CMO Series 2020-77 Class IL | CMO Series 2020-77 Class IL | CMO Series 2020-77 Class IL | CMO Series 2020-77 Class IL |
| 11/25/2050 | &nbsp;&nbsp; 2.500% | 30376704 | &nbsp;&nbsp; 4499015 |
| Federal National Mortgage Association REMICS<sup>(b),(o)</sup>  | Federal National Mortgage Association REMICS<sup>(b),(o)</sup>  | Federal National Mortgage Association REMICS<sup>(b),(o)</sup>  | Federal National Mortgage Association REMICS<sup>(b),(o)</sup>  |
| CMO Series 2023-61 Class GS | CMO Series 2023-61 Class GS | CMO Series 2023-61 Class GS | CMO Series 2023-61 Class GS |
| -1.0 x 30-day Average SOFR + <br> 5.700% <br>Cap 5.700% <br>12/25/2053<br>| &nbsp;&nbsp; 1.352% | 128080113 | &nbsp;&nbsp; 7816998 |
| Freddie Mac REMICS<sup>(o)</sup>  | Freddie Mac REMICS<sup>(o)</sup>  | Freddie Mac REMICS<sup>(o)</sup>  | Freddie Mac REMICS<sup>(o)</sup>  |
| CMO Series 5287 Class NI | CMO Series 5287 Class NI | CMO Series 5287 Class NI | CMO Series 5287 Class NI |
| 05/25/2051 | &nbsp;&nbsp; 3.500% | 35359332 | &nbsp;&nbsp; 6982846 |
| Freddie Mac REMICS<sup>(b),(o)</sup>  | Freddie Mac REMICS<sup>(b),(o)</sup>  | Freddie Mac REMICS<sup>(b),(o)</sup>  | Freddie Mac REMICS<sup>(b),(o)</sup>  |
| CMO Series 5356 Class SC | CMO Series 5356 Class SC | CMO Series 5356 Class SC | CMO Series 5356 Class SC |
| -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>07/15/2049<br>| &nbsp;&nbsp; 1.543% | 80969666 | &nbsp;&nbsp; 9131880 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 5559 Class SC | CMO Series 5559 Class SC | CMO Series 5559 Class SC | CMO Series 5559 Class SC |
| -1.0 x 30-day Average SOFR + <br> 5.850% <br>Cap 5.850% <br>07/25/2055<br>| &nbsp;&nbsp; 1.502% | 36427757 | &nbsp;&nbsp; 3617586 |
| Freddie Mac REMICS<sup>(b)</sup>  | Freddie Mac REMICS<sup>(b)</sup>  | Freddie Mac REMICS<sup>(b)</sup>  | Freddie Mac REMICS<sup>(b)</sup>  |
| CMO Series 5513 Class MQ | CMO Series 5513 Class MQ | CMO Series 5513 Class MQ | CMO Series 5513 Class MQ |
| 30-day Average SOFR + <br> 3.950% <br>Cap 8.250% <br>06/25/2054<br>| &nbsp;&nbsp; 8.105% | 35122832 | &nbsp;&nbsp; 36138169 |
| CMO Series 5515 Class FM | CMO Series 5515 Class FM | CMO Series 5515 Class FM | CMO Series 5515 Class FM |
| 30-day Average SOFR + <br> 1.350% <br>Floor 1.350%, Cap 6.500% <br>03/25/2055<br>| &nbsp;&nbsp; 5.698% | 31354172 | &nbsp;&nbsp; 31560357 |
| CMO Series 5517 Class HT | CMO Series 5517 Class HT | CMO Series 5517 Class HT | CMO Series 5517 Class HT |
| 30-day Average SOFR + <br> 3.950% <br>Floor 3.950%, Cap 8.250% <br>03/25/2055<br>| &nbsp;&nbsp; 8.105% | 30545340 | &nbsp;&nbsp; 31275853 |
| CMO Series 5532 Class MB | CMO Series 5532 Class MB | CMO Series 5532 Class MB | CMO Series 5532 Class MB |
| 30-day Average SOFR + <br> 3.950% <br>Cap 8.250% <br>04/25/2055<br>| &nbsp;&nbsp; 8.105% | 16740428 | &nbsp;&nbsp; 17136679 |
| Freddie Mac REMICS<sup>(b),(c),(d)</sup>  | Freddie Mac REMICS<sup>(b),(c),(d)</sup>  | Freddie Mac REMICS<sup>(b),(c),(d)</sup>  | Freddie Mac REMICS<sup>(b),(c),(d)</sup>  |
| CMO Series 5573 Class F | CMO Series 5573 Class F | CMO Series 5573 Class F | CMO Series 5573 Class F |
| 30-day Average SOFR + <br> 1.000% <br>Cap 8.550% <br>09/25/2055<br>| &nbsp;&nbsp; 8.261% | 19500000 | &nbsp;&nbsp; 20109375 |
| Government National Mortgage Association | Government National Mortgage Association | Government National Mortgage Association | Government National Mortgage Association |
| 08/15/2031 | &nbsp;&nbsp; 7.000% | 8132 | &nbsp;&nbsp; 8366 |
| 04/15/2034 | &nbsp;&nbsp; 5.000% | 54044 | &nbsp;&nbsp; 54637 |
| Government National Mortgage Association<sup>(o)</sup>  | Government National Mortgage Association<sup>(o)</sup>  | Government National Mortgage Association<sup>(o)</sup>  | Government National Mortgage Association<sup>(o)</sup>  |
| CMO Series 2014-190 Class AI | CMO Series 2014-190 Class AI | CMO Series 2014-190 Class AI | CMO Series 2014-190 Class AI |
| 12/20/2038 | &nbsp;&nbsp; 3.500% | 4741966 | &nbsp;&nbsp; 255739 |
| CMO Series 2020-138 Class GI | CMO Series 2020-138 Class GI | CMO Series 2020-138 Class GI | CMO Series 2020-138 Class GI |
| 09/20/2050 | &nbsp;&nbsp; 3.000% | 29013994 | &nbsp;&nbsp; 4628687 |
| CMO Series 2020-191 Class UG | CMO Series 2020-191 Class UG | CMO Series 2020-191 Class UG | CMO Series 2020-191 Class UG |
| 12/20/2050 | &nbsp;&nbsp; 3.500% | 33673686 | &nbsp;&nbsp; 5726318 |
| CMO Series 2021-140 Class IW | CMO Series 2021-140 Class IW | CMO Series 2021-140 Class IW | CMO Series 2021-140 Class IW |
| 08/20/2051 | &nbsp;&nbsp; 3.500% | 39914783 | &nbsp;&nbsp; 7589241 |
| CMO Series 2021-57 Class KI | CMO Series 2021-57 Class KI | CMO Series 2021-57 Class KI | CMO Series 2021-57 Class KI |
| 03/20/2051 | &nbsp;&nbsp; 3.500% | 36925053 | &nbsp;&nbsp; 7463643 |
| CMO Series 2021-89 Class IO | CMO Series 2021-89 Class IO | CMO Series 2021-89 Class IO | CMO Series 2021-89 Class IO |
| 05/20/2051 | &nbsp;&nbsp; 3.000% | 42488082 | &nbsp;&nbsp; 7233120 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Government National Mortgage Association<sup>(b),(o)</sup>  | Government National Mortgage Association<sup>(b),(o)</sup>  | Government National Mortgage Association<sup>(b),(o)</sup>  | Government National Mortgage Association<sup>(b),(o)</sup>  |
| CMO Series 2016-20 Class SQ | CMO Series 2016-20 Class SQ | CMO Series 2016-20 Class SQ | CMO Series 2016-20 Class SQ |
| -1.0 x 1-month Term SOFR + <br> 5.986% <br>Cap 6.100% <br>02/20/2046<br>| &nbsp;&nbsp; 1.645% | 7733344 | &nbsp;&nbsp; 1032708 |
| CMO Series 2017-129 Class SA | CMO Series 2017-129 Class SA | CMO Series 2017-129 Class SA | CMO Series 2017-129 Class SA |
| -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>08/20/2047<br>| &nbsp;&nbsp; 1.745% | 6489004 | &nbsp;&nbsp; 825109 |
| CMO Series 2017-133 Class SM | CMO Series 2017-133 Class SM | CMO Series 2017-133 Class SM | CMO Series 2017-133 Class SM |
| -1.0 x 1-month Term SOFR + <br> 6.136% <br>Cap 6.250% <br>09/20/2047<br>| &nbsp;&nbsp; 1.795% | 6986592 | &nbsp;&nbsp; 886323 |
| CMO Series 2017-141 Class ES | CMO Series 2017-141 Class ES | CMO Series 2017-141 Class ES | CMO Series 2017-141 Class ES |
| -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>09/20/2047<br>| &nbsp;&nbsp; 1.745% | 9414208 | &nbsp;&nbsp; 1385689 |
| CMO Series 2018-124 Class SA | CMO Series 2018-124 Class SA | CMO Series 2018-124 Class SA | CMO Series 2018-124 Class SA |
| -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>09/20/2048<br>| &nbsp;&nbsp; 1.745% | 10933313 | &nbsp;&nbsp; 1414601 |
| CMO Series 2018-147 Class SD | CMO Series 2018-147 Class SD | CMO Series 2018-147 Class SD | CMO Series 2018-147 Class SD |
| -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>10/20/2048<br>| &nbsp;&nbsp; 1.695% | 21514382 | &nbsp;&nbsp; 2876314 |
| CMO Series 2018-155 Class ES | CMO Series 2018-155 Class ES | CMO Series 2018-155 Class ES | CMO Series 2018-155 Class ES |
| -1.0 x 1-month Term SOFR + <br> 5.986% <br>Cap 6.100% <br>11/20/2048<br>| &nbsp;&nbsp; 1.645% | 8875528 | &nbsp;&nbsp; 1099058 |
| CMO Series 2018-168 Class SA | CMO Series 2018-168 Class SA | CMO Series 2018-168 Class SA | CMO Series 2018-168 Class SA |
| -1.0 x 1-month Term SOFR + <br> 5.986% <br>Cap 6.100% <br>12/20/2048<br>| &nbsp;&nbsp; 1.645% | 7694689 | &nbsp;&nbsp; 1109048 |
| CMO Series 2018-67 Class SP | CMO Series 2018-67 Class SP | CMO Series 2018-67 Class SP | CMO Series 2018-67 Class SP |
| -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>05/20/2048<br>| &nbsp;&nbsp; 1.745% | 6808587 | &nbsp;&nbsp; 875707 |
| CMO Series 2019-152 Class BS | CMO Series 2019-152 Class BS | CMO Series 2019-152 Class BS | CMO Series 2019-152 Class BS |
| -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>12/20/2049<br>| &nbsp;&nbsp; 1.595% | 18475611 | &nbsp;&nbsp; 2429947 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2019-23 Class LS | CMO Series 2019-23 Class LS | CMO Series 2019-23 Class LS | CMO Series 2019-23 Class LS |
| -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>02/20/2049<br>| &nbsp;&nbsp; 1.595% | 5206025 | &nbsp;&nbsp; 622110 |
| CMO Series 2019-23 Class QS | CMO Series 2019-23 Class QS | CMO Series 2019-23 Class QS | CMO Series 2019-23 Class QS |
| -1.0 x 1-month Term SOFR + <br> 6.164% <br>Cap 6.050% <br>02/20/2049<br>| &nbsp;&nbsp; 1.595% | 14918776 | &nbsp;&nbsp; 1800328 |
| CMO Series 2019-29 Class DS | CMO Series 2019-29 Class DS | CMO Series 2019-29 Class DS | CMO Series 2019-29 Class DS |
| -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>03/20/2049<br>| &nbsp;&nbsp; 1.595% | 12581807 | &nbsp;&nbsp; 1314328 |
| CMO Series 2019-41 Class AS | CMO Series 2019-41 Class AS | CMO Series 2019-41 Class AS | CMO Series 2019-41 Class AS |
| -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>03/20/2049<br>| &nbsp;&nbsp; 1.595% | 12315530 | &nbsp;&nbsp; 1482402 |
| CMO Series 2019-5 Class SH | CMO Series 2019-5 Class SH | CMO Series 2019-5 Class SH | CMO Series 2019-5 Class SH |
| -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>01/20/2049<br>| &nbsp;&nbsp; 1.695% | 8180470 | &nbsp;&nbsp; 945572 |
| CMO Series 2019-59 Class JS | CMO Series 2019-59 Class JS | CMO Series 2019-59 Class JS | CMO Series 2019-59 Class JS |
| -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>05/20/2049<br>| &nbsp;&nbsp; 1.695% | 8326355 | &nbsp;&nbsp; 926466 |
| CMO Series 2020-101 Class SA | CMO Series 2020-101 Class SA | CMO Series 2020-101 Class SA | CMO Series 2020-101 Class SA |
| -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>07/20/2050<br>| &nbsp;&nbsp; 1.745% | 48505442 | &nbsp;&nbsp; 6760786 |
| CMO Series 2020-55 Class SA | CMO Series 2020-55 Class SA | CMO Series 2020-55 Class SA | CMO Series 2020-55 Class SA |
| -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>04/20/2050<br>| &nbsp;&nbsp; 1.595% | 32197778 | &nbsp;&nbsp; 4022169 |
| CMO Series 2020-61 Class SM | CMO Series 2020-61 Class SM | CMO Series 2020-61 Class SM | CMO Series 2020-61 Class SM |
| -1.0 x 1-month Term SOFR + <br> 6.486% <br>Cap 6.600% <br>07/20/2043<br>| &nbsp;&nbsp; 2.145% | 31809819 | &nbsp;&nbsp; 5054453 |
| CMO Series 2020-61 Class SW | CMO Series 2020-61 Class SW | CMO Series 2020-61 Class SW | CMO Series 2020-61 Class SW |
| -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>08/20/2049<br>| &nbsp;&nbsp; 1.595% | 36556671 | &nbsp;&nbsp; 4349692 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2021-155 Class SG | CMO Series 2021-155 Class SG | CMO Series 2021-155 Class SG | CMO Series 2021-155 Class SG |
| -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>09/20/2051<br>| &nbsp;&nbsp; 1.845% | 39341348 | &nbsp;&nbsp; 5446963 |
| CMO Series 2021-58 Class SH | CMO Series 2021-58 Class SH | CMO Series 2021-58 Class SH | CMO Series 2021-58 Class SH |
| -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>04/20/2051<br>| &nbsp;&nbsp; 1.845% | 43882275 | &nbsp;&nbsp; 6032961 |
| CMO Series 2022-148 Class BS | CMO Series 2022-148 Class BS | CMO Series 2022-148 Class BS | CMO Series 2022-148 Class BS |
| -1.0 x 30-day Average SOFR + <br> 5.950% <br>Cap 5.950% <br>08/20/2052<br>| &nbsp;&nbsp; 1.605% | 23093415 | &nbsp;&nbsp; 2838580 |
| CMO Series 2022-197 Class DS | CMO Series 2022-197 Class DS | CMO Series 2022-197 Class DS | CMO Series 2022-197 Class DS |
| -1.0 x 30-day Average SOFR + <br> 6.800% <br>Cap 6.800% <br>11/20/2052<br>| &nbsp;&nbsp; 2.455% | 55821002 | &nbsp;&nbsp; 7607688 |
| CMO Series 2022-215 Class ES | CMO Series 2022-215 Class ES | CMO Series 2022-215 Class ES | CMO Series 2022-215 Class ES |
| -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>12/20/2049<br>| &nbsp;&nbsp; 1.595% | 61994025 | &nbsp;&nbsp; 8244511 |
| CMO Series 2022-90 Class SD | CMO Series 2022-90 Class SD | CMO Series 2022-90 Class SD | CMO Series 2022-90 Class SD |
| -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>05/20/2050<br>| &nbsp;&nbsp; 1.595% | 35024600 | &nbsp;&nbsp; 4143137 |
| CMO Series 2022-90 Class SM | CMO Series 2022-90 Class SM | CMO Series 2022-90 Class SM | CMO Series 2022-90 Class SM |
| -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>07/20/2050<br>| &nbsp;&nbsp; 1.695% | 57632346 | &nbsp;&nbsp; 7687544 |
| CMO Series 2023-165 Class SG | CMO Series 2023-165 Class SG | CMO Series 2023-165 Class SG | CMO Series 2023-165 Class SG |
| -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>02/20/2050<br>| &nbsp;&nbsp; 1.695% | 66602802 | &nbsp;&nbsp; 8385766 |
| CMO Series 2023-17 Class SY | CMO Series 2023-17 Class SY | CMO Series 2023-17 Class SY | CMO Series 2023-17 Class SY |
| -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>05/20/2050<br>| &nbsp;&nbsp; 1.595% | 55889181 | &nbsp;&nbsp; 6250775 |
| CMO Series 2023-18 Class SB | CMO Series 2023-18 Class SB | CMO Series 2023-18 Class SB | CMO Series 2023-18 Class SB |
| -1.0 x 30-day Average SOFR + <br> 5.690% <br>Cap 5.690% <br>02/20/2053<br>| &nbsp;&nbsp; 1.345% | 39327293 | &nbsp;&nbsp; 3802772 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2023-32 Class SD | CMO Series 2023-32 Class SD | CMO Series 2023-32 Class SD | CMO Series 2023-32 Class SD |
| -1.0 x 30-day Average SOFR + <br> 5.750% <br>Cap 5.750% <br>02/20/2053<br>| &nbsp;&nbsp; 1.405% | 69196193 | &nbsp;&nbsp; 6989231 |
| CMO Series 2023-66 Class SK | CMO Series 2023-66 Class SK | CMO Series 2023-66 Class SK | CMO Series 2023-66 Class SK |
| -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>07/20/2050<br>| &nbsp;&nbsp; 1.745% | 63055699 | &nbsp;&nbsp; 8214827 |
| CMO Series 2023-75 Class SB | CMO Series 2023-75 Class SB | CMO Series 2023-75 Class SB | CMO Series 2023-75 Class SB |
| -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>06/20/2050<br>| &nbsp;&nbsp; 1.595% | 68813878 | &nbsp;&nbsp; 8600420 |
| CMO Series 2024-110 Class SG | CMO Series 2024-110 Class SG | CMO Series 2024-110 Class SG | CMO Series 2024-110 Class SG |
| -1.0 x 30-day Average SOFR + <br> 5.950% <br>Cap 5.950% <br>07/20/2054<br>| &nbsp;&nbsp; 1.605% | 54294710 | &nbsp;&nbsp; 5050298 |
| CMO Series 2024-110 Class SQ | CMO Series 2024-110 Class SQ | CMO Series 2024-110 Class SQ | CMO Series 2024-110 Class SQ |
| -1.0 x 30-day Average SOFR + <br> 6.650% <br>Cap 6.650% <br>07/20/2054<br>| &nbsp;&nbsp; 2.305% | 69580444 | &nbsp;&nbsp; 8616633 |
| CMO Series 2024-128 Class S | CMO Series 2024-128 Class S | CMO Series 2024-128 Class S | CMO Series 2024-128 Class S |
| -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>09/20/2048<br>| &nbsp;&nbsp; 1.745% | 56922103 | &nbsp;&nbsp; 6531715 |
| CMO Series 2024-25 Class SG | CMO Series 2024-25 Class SG | CMO Series 2024-25 Class SG | CMO Series 2024-25 Class SG |
| -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>06/20/2051<br>| &nbsp;&nbsp; 1.845% | 75157385 | &nbsp;&nbsp; 9434409 |
| CMO Series 2024-30 Class IM | CMO Series 2024-30 Class IM | CMO Series 2024-30 Class IM | CMO Series 2024-30 Class IM |
| -1.0 x 30-day Average SOFR + <br> 5.250% <br>Cap 5.250% <br>02/20/2054<br>| &nbsp;&nbsp; 0.905% | 94686204 | &nbsp;&nbsp; 7390514 |
| CMO Series 2024-30 Class SN | CMO Series 2024-30 Class SN | CMO Series 2024-30 Class SN | CMO Series 2024-30 Class SN |
| 30-day Average SOFR + <br> 6.950% <br>Cap 6.950% <br>02/20/2054<br>| &nbsp;&nbsp; 2.605% | 107232359 | &nbsp;&nbsp; 12155646 |
| CMO Series 2024-64 Class SM | CMO Series 2024-64 Class SM | CMO Series 2024-64 Class SM | CMO Series 2024-64 Class SM |
| -1.0 x 30-day Average SOFR + <br> 6.000% <br>Cap 6.000% <br>04/20/2054<br>| &nbsp;&nbsp; 1.652% | 46873384 | &nbsp;&nbsp; 5255908 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2024-64 Class SN | CMO Series 2024-64 Class SN | CMO Series 2024-64 Class SN | CMO Series 2024-64 Class SN |
| -1.0 x 30-day Average SOFR + <br> 5.300% <br>Cap 5.300% <br>04/20/2054<br>| &nbsp;&nbsp; 0.955% | 67156668 | &nbsp;&nbsp; 4942657 |
| CMO Series 2024-79 Class HS | CMO Series 2024-79 Class HS | CMO Series 2024-79 Class HS | CMO Series 2024-79 Class HS |
| -1.0 x 30-day Average SOFR + <br> 7.250% <br>Cap 7.250% <br>05/20/2054<br>| &nbsp;&nbsp; 2.905% | 28883489 | &nbsp;&nbsp; 3649631 |
| CMO Series 2024-79 Class JS | CMO Series 2024-79 Class JS | CMO Series 2024-79 Class JS | CMO Series 2024-79 Class JS |
| -1.0 x 30-day Average SOFR + <br> 7.250% <br>Cap 7.250% <br>05/20/2054<br>| &nbsp;&nbsp; 2.905% | 45246438 | &nbsp;&nbsp; 6857414 |
| CMO Series 2024-97 Class YS | CMO Series 2024-97 Class YS | CMO Series 2024-97 Class YS | CMO Series 2024-97 Class YS |
| -1.0 x 30-day Average SOFR + <br> 6.650% <br>Cap 6.650% <br>06/20/2054<br>| &nbsp;&nbsp; 2.305% | 67289734 | &nbsp;&nbsp; 7314912 |
| CMO Series 2025-25 Class SH | CMO Series 2025-25 Class SH | CMO Series 2025-25 Class SH | CMO Series 2025-25 Class SH |
| -1.0 x 30-day Average SOFR + <br> 5.300% <br>Cap 5.300% <br>02/20/2055<br>| &nbsp;&nbsp; 0.955% | 39807560 | &nbsp;&nbsp; 2809928 |
| Government National Mortgage Association<sup>(b)</sup>  | Government National Mortgage Association<sup>(b)</sup>  | Government National Mortgage Association<sup>(b)</sup>  | Government National Mortgage Association<sup>(b)</sup>  |
| CMO Series 2025-39 Class M | CMO Series 2025-39 Class M | CMO Series 2025-39 Class M | CMO Series 2025-39 Class M |
| 30-day Average SOFR + <br> 4.000% <br>Floor 4.000%, Cap 7.700% <br>03/20/2055<br>| &nbsp;&nbsp; 6.281% | 25691981 | &nbsp;&nbsp; 26282537 |
| Government National Mortgage Association TBA<sup>(q)</sup>  | Government National Mortgage Association TBA<sup>(q)</sup>  | Government National Mortgage Association TBA<sup>(q)</sup>  | Government National Mortgage Association TBA<sup>(q)</sup>  |
| 09/22/2055 | &nbsp;&nbsp; 3.000% | 32000000 | &nbsp;&nbsp; 28333643 |
| Uniform Mortgage-Backed Security TBA<sup>(q)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(q)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(q)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(q)</sup>  |
| 09/18/2040- <br>09/15/2055<br>| &nbsp;&nbsp; 3.000% | 91000000 | &nbsp;&nbsp; 80531169 |
| 09/15/2055 | &nbsp;&nbsp; 3.500% | 58000000 | &nbsp;&nbsp; 52390386 |
| 09/15/2055 | &nbsp;&nbsp; 4.000% | 249500000 | &nbsp;&nbsp; 232795668 |
| 09/15/2055 | &nbsp;&nbsp; 4.500% | 244000000 | &nbsp;&nbsp; 234656632 |
| 09/15/2055 | &nbsp;&nbsp; 5.000% | 203000000 | &nbsp;&nbsp; 200183878 |
| 09/15/2055 | &nbsp;&nbsp; 5.500% | 471750000 | &nbsp;&nbsp; 474405830 |
| 09/15/2055 | &nbsp;&nbsp; 6.000% | 152000000 | &nbsp;&nbsp; 155277676 |
| Total Residential Mortgage-Backed Securities - Agency <br>(Cost $2,444,539,643) | Total Residential Mortgage-Backed Securities - Agency <br>(Cost $2,444,539,643) | Total Residential Mortgage-Backed Securities - Agency <br>(Cost $2,444,539,643) | &nbsp;&nbsp; **2451725188** |
| **Residential Mortgage-Backed Securities - Non-Agency 8.3%** | **Residential Mortgage-Backed Securities - Non-Agency 8.3%** | **Residential Mortgage-Backed Securities - Non-Agency 8.3%** | **Residential Mortgage-Backed Securities - Non-Agency 8.3%** |
| A&D Mortgage Trust<sup>(a),(h)</sup>  | A&D Mortgage Trust<sup>(a),(h)</sup>  | A&D Mortgage Trust<sup>(a),(h)</sup>  | A&D Mortgage Trust<sup>(a),(h)</sup>  |
| CMO Series 2024-NQM3 Class A1 | CMO Series 2024-NQM3 Class A1 | CMO Series 2024-NQM3 Class A1 | CMO Series 2024-NQM3 Class A1 |
| 07/25/2069 | &nbsp;&nbsp; 6.451% | 13010406 | &nbsp;&nbsp; 13169207 |
| Barclays Mortgage Loan Trust<sup>(a),(h)</sup>  | Barclays Mortgage Loan Trust<sup>(a),(h)</sup>  | Barclays Mortgage Loan Trust<sup>(a),(h)</sup>  | Barclays Mortgage Loan Trust<sup>(a),(h)</sup>  |
| CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 |
| 05/25/2065 | &nbsp;&nbsp; 5.640% | 9386611 | &nbsp;&nbsp; 9465840 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CAFL Issuer LLC<sup>(a),(h)</sup>  | CAFL Issuer LLC<sup>(a),(h)</sup>  | CAFL Issuer LLC<sup>(a),(h)</sup>  | CAFL Issuer LLC<sup>(a),(h)</sup>  |
| CMO Series 2021-RTL1 Class A1 | CMO Series 2021-RTL1 Class A1 | CMO Series 2021-RTL1 Class A1 | CMO Series 2021-RTL1 Class A1 |
| 03/28/2029 | &nbsp;&nbsp; 2.239% | 1568672 | &nbsp;&nbsp; 1568178 |
| Citigroup Mortgage Loan Trust, Inc.<sup>(a),(p)</sup>  | Citigroup Mortgage Loan Trust, Inc.<sup>(a),(p)</sup>  | Citigroup Mortgage Loan Trust, Inc.<sup>(a),(p)</sup>  | Citigroup Mortgage Loan Trust, Inc.<sup>(a),(p)</sup>  |
| CMO Series 2010-6 Class 2A2 | CMO Series 2010-6 Class 2A2 | CMO Series 2010-6 Class 2A2 | CMO Series 2010-6 Class 2A2 |
| 09/25/2035 | &nbsp;&nbsp; 6.363% | 26915 | &nbsp;&nbsp; 26751 |
| Citigroup Mortgage Loan Trust, Inc.<sup>(a)</sup>  | Citigroup Mortgage Loan Trust, Inc.<sup>(a)</sup>  | Citigroup Mortgage Loan Trust, Inc.<sup>(a)</sup>  | Citigroup Mortgage Loan Trust, Inc.<sup>(a)</sup>  |
| Subordinated CMO Series 2014-C Class B1 | Subordinated CMO Series 2014-C Class B1 | Subordinated CMO Series 2014-C Class B1 | Subordinated CMO Series 2014-C Class B1 |
| 02/25/2054 | &nbsp;&nbsp; 4.250% | 318116 | &nbsp;&nbsp; 316556 |
| Connecticut Avenue Securities Trust<sup>(a),(b)</sup>  | Connecticut Avenue Securities Trust<sup>(a),(b)</sup>  | Connecticut Avenue Securities Trust<sup>(a),(b)</sup>  | Connecticut Avenue Securities Trust<sup>(a),(b)</sup>  |
| CMO Series 2019-HRP1 Class M2 | CMO Series 2019-HRP1 Class M2 | CMO Series 2019-HRP1 Class M2 | CMO Series 2019-HRP1 Class M2 |
| 30-day Average SOFR + <br> 2.264% <br>11/25/2039<br>| &nbsp;&nbsp; 6.613% | 9786 | &nbsp;&nbsp; 9789 |
| Credit Suisse Mortgage Trust<sup>(a),(p)</sup>  | Credit Suisse Mortgage Trust<sup>(a),(p)</sup>  | Credit Suisse Mortgage Trust<sup>(a),(p)</sup>  | Credit Suisse Mortgage Trust<sup>(a),(p)</sup>  |
| CMO Series 2022-ATH3 Class A2 | CMO Series 2022-ATH3 Class A2 | CMO Series 2022-ATH3 Class A2 | CMO Series 2022-ATH3 Class A2 |
| 08/25/2067 | &nbsp;&nbsp; 5.830% | 1638664 | &nbsp;&nbsp; 1632743 |
| Cross Mortgage Trust<sup>(a),(p)</sup>  | Cross Mortgage Trust<sup>(a),(p)</sup>  | Cross Mortgage Trust<sup>(a),(p)</sup>  | Cross Mortgage Trust<sup>(a),(p)</sup>  |
| CMO Series 2025-H5 Class A1 | CMO Series 2025-H5 Class A1 | CMO Series 2025-H5 Class A1 | CMO Series 2025-H5 Class A1 |
| 07/25/2070 | &nbsp;&nbsp; 5.509% | 11148276 | &nbsp;&nbsp; 11225905 |
| Freddie Mac STACR REMIC Trust<sup>(a),(b)</sup>  | Freddie Mac STACR REMIC Trust<sup>(a),(b)</sup>  | Freddie Mac STACR REMIC Trust<sup>(a),(b)</sup>  | Freddie Mac STACR REMIC Trust<sup>(a),(b)</sup>  |
| CMO Series 2022-HQA1 Class M2 | CMO Series 2022-HQA1 Class M2 | CMO Series 2022-HQA1 Class M2 | CMO Series 2022-HQA1 Class M2 |
| 30-day Average SOFR + <br> 5.250% <br>03/25/2042<br>| &nbsp;&nbsp; 9.598% | 9950000 | &nbsp;&nbsp; 10549426 |
| Subordinated CMO Series 2020-DNA6 Class B1 | Subordinated CMO Series 2020-DNA6 Class B1 | Subordinated CMO Series 2020-DNA6 Class B1 | Subordinated CMO Series 2020-DNA6 Class B1 |
| 30-day Average SOFR + <br> 3.000% <br>12/25/2050<br>| &nbsp;&nbsp; 7.348% | 15400000 | &nbsp;&nbsp; 16468795 |
| Subordinated CMO Series 2021-DNA1 Class B1 | Subordinated CMO Series 2021-DNA1 Class B1 | Subordinated CMO Series 2021-DNA1 Class B1 | Subordinated CMO Series 2021-DNA1 Class B1 |
| 30-day Average SOFR + <br> 2.650% <br>01/25/2051<br>| &nbsp;&nbsp; 6.998% | 10400000 | &nbsp;&nbsp; 10901654 |
| Subordinated CMO Series 2021-DNA5 Class B1 | Subordinated CMO Series 2021-DNA5 Class B1 | Subordinated CMO Series 2021-DNA5 Class B1 | Subordinated CMO Series 2021-DNA5 Class B1 |
| 30-day Average SOFR + <br> 3.050% <br>01/25/2034<br>| &nbsp;&nbsp; 7.398% | 15700000 | &nbsp;&nbsp; 16750474 |
| Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(b)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(b)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(b)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(b)</sup>  |
| CMO Series 2019-CS02 Class B2 | CMO Series 2019-CS02 Class B2 | CMO Series 2019-CS02 Class B2 | CMO Series 2019-CS02 Class B2 |
| 30-day Average SOFR + <br> 0.114% <br>02/25/2032<br>| &nbsp;&nbsp; 4.454% | 5887000 | &nbsp;&nbsp; 5833906 |
| CMO Series 2019-CS02 Class B3 | CMO Series 2019-CS02 Class B3 | CMO Series 2019-CS02 Class B3 | CMO Series 2019-CS02 Class B3 |
| 30-day Average SOFR + <br> 0.114% <br>02/25/2032<br>| &nbsp;&nbsp; 4.454% | 7646288 | &nbsp;&nbsp; 7371162 |
| Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(o)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(o)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(o)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(o)</sup>  |
| CMO Series 2019-CS02 Class IO | CMO Series 2019-CS02 Class IO | CMO Series 2019-CS02 Class IO | CMO Series 2019-CS02 Class IO |
| 02/25/2029 | &nbsp;&nbsp; 0.270% | 650678017 | &nbsp;&nbsp; 4418559 |
| CMO Series 2020-CS02 Class IO1 | CMO Series 2020-CS02 Class IO1 | CMO Series 2020-CS02 Class IO1 | CMO Series 2020-CS02 Class IO1 |
| 05/25/2030 | &nbsp;&nbsp; 0.090% | 1177801190 | &nbsp;&nbsp; 3355438 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2020-CS02 Class IO2 | CMO Series 2020-CS02 Class IO2 | CMO Series 2020-CS02 Class IO2 | CMO Series 2020-CS02 Class IO2 |
| 06/25/2030 | &nbsp;&nbsp; 0.115% | 1177801190 | &nbsp;&nbsp; 4287550 |
| Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(b)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(b)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(b)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(b)</sup>  |
| Subordinated CMO Series 2020-CS02 Class B2 | Subordinated CMO Series 2020-CS02 Class B2 | Subordinated CMO Series 2020-CS02 Class B2 | Subordinated CMO Series 2020-CS02 Class B2 |
| 30-day Average SOFR + <br> 0.114% <br>06/25/2033<br>| &nbsp;&nbsp; 4.454% | 14608000 | &nbsp;&nbsp; 12310828 |
| GCAT Trust<sup>(a),(h)</sup>  | GCAT Trust<sup>(a),(h)</sup>  | GCAT Trust<sup>(a),(h)</sup>  | GCAT Trust<sup>(a),(h)</sup>  |
| CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 |
| 05/25/2070 | &nbsp;&nbsp; 5.550% | 13830797 | &nbsp;&nbsp; 13941377 |
| GITSIT Mortgage Loan Trust<sup>(a),(h)</sup>  | GITSIT Mortgage Loan Trust<sup>(a),(h)</sup>  | GITSIT Mortgage Loan Trust<sup>(a),(h)</sup>  | GITSIT Mortgage Loan Trust<sup>(a),(h)</sup>  |
| CMO Series 2025-NPL1 Class A1 | CMO Series 2025-NPL1 Class A1 | CMO Series 2025-NPL1 Class A1 | CMO Series 2025-NPL1 Class A1 |
| 02/25/2055 | &nbsp;&nbsp; 6.203% | 10688457 | &nbsp;&nbsp; 10710873 |
| HTAP Issuer Trust<sup>(a)</sup>  | HTAP Issuer Trust<sup>(a)</sup>  | HTAP Issuer Trust<sup>(a)</sup>  | HTAP Issuer Trust<sup>(a)</sup>  |
| CMO Series 2025-1 Class A | CMO Series 2025-1 Class A | CMO Series 2025-1 Class A | CMO Series 2025-1 Class A |
| 11/25/2042 | &nbsp;&nbsp; 6.500% | 2886066 | &nbsp;&nbsp; 2861907 |
| LHOME Mortgage Trust<sup>(a),(h)</sup>  | LHOME Mortgage Trust<sup>(a),(h)</sup>  | LHOME Mortgage Trust<sup>(a),(h)</sup>  | LHOME Mortgage Trust<sup>(a),(h)</sup>  |
| CMO Series 2024-RTL1 Class A1 | CMO Series 2024-RTL1 Class A1 | CMO Series 2024-RTL1 Class A1 | CMO Series 2024-RTL1 Class A1 |
| 01/25/2029 | &nbsp;&nbsp; 7.017% | 14150000 | &nbsp;&nbsp; 14230347 |
| CMO Series 2024-RTL2 Class A1 | CMO Series 2024-RTL2 Class A1 | CMO Series 2024-RTL2 Class A1 | CMO Series 2024-RTL2 Class A1 |
| 03/25/2029 | &nbsp;&nbsp; 7.128% | 8000000 | &nbsp;&nbsp; 8069458 |
| MFA Trust<sup>(h)</sup>  | MFA Trust<sup>(h)</sup>  | MFA Trust<sup>(h)</sup>  | MFA Trust<sup>(h)</sup>  |
| CMO Series 2024-NPL1 Class A1 | CMO Series 2024-NPL1 Class A1 | CMO Series 2024-NPL1 Class A1 | CMO Series 2024-NPL1 Class A1 |
| 09/25/2054 | &nbsp;&nbsp; 6.330% | 26288953 | &nbsp;&nbsp; 26382528 |
| NRZ Excess Spread-Collateralized Notes<sup>(a)</sup>  | NRZ Excess Spread-Collateralized Notes<sup>(a)</sup>  | NRZ Excess Spread-Collateralized Notes<sup>(a)</sup>  | NRZ Excess Spread-Collateralized Notes<sup>(a)</sup>  |
| Series 2020-PLS1 Class A | Series 2020-PLS1 Class A | Series 2020-PLS1 Class A | Series 2020-PLS1 Class A |
| 12/25/2025 | &nbsp;&nbsp; 3.844% | 2974485 | &nbsp;&nbsp; 2955441 |
| NYMT Loan Trust<sup>(a),(h)</sup>  | NYMT Loan Trust<sup>(a),(h)</sup>  | NYMT Loan Trust<sup>(a),(h)</sup>  | NYMT Loan Trust<sup>(a),(h)</sup>  |
| CMO Series 2024-BPL1 Class A1 | CMO Series 2024-BPL1 Class A1 | CMO Series 2024-BPL1 Class A1 | CMO Series 2024-BPL1 Class A1 |
| 02/25/2029 | &nbsp;&nbsp; 7.154% | 15200000 | &nbsp;&nbsp; 15247375 |
| Oaktown Re VI Ltd.<sup>(a),(b)</sup>  | Oaktown Re VI Ltd.<sup>(a),(b)</sup>  | Oaktown Re VI Ltd.<sup>(a),(b)</sup>  | Oaktown Re VI Ltd.<sup>(a),(b)</sup>  |
| CMO Series 2021-1A Class M1C | CMO Series 2021-1A Class M1C | CMO Series 2021-1A Class M1C | CMO Series 2021-1A Class M1C |
| 30-day Average SOFR + <br> 3.000% <br>Floor 3.000% <br>10/25/2033<br>| &nbsp;&nbsp; 7.348% | 3060903 | &nbsp;&nbsp; 3077677 |
| OBX Trust<sup>(a),(h)</sup>  | OBX Trust<sup>(a),(h)</sup>  | OBX Trust<sup>(a),(h)</sup>  | OBX Trust<sup>(a),(h)</sup>  |
| CMO Series 2024-NQM3 Class A1 | CMO Series 2024-NQM3 Class A1 | CMO Series 2024-NQM3 Class A1 | CMO Series 2024-NQM3 Class A1 |
| 12/25/2063 | &nbsp;&nbsp; 6.129% | 8449031 | &nbsp;&nbsp; 8522674 |
| OSAT Trust<sup>(a),(h)</sup>  | OSAT Trust<sup>(a),(h)</sup>  | OSAT Trust<sup>(a),(h)</sup>  | OSAT Trust<sup>(a),(h)</sup>  |
| CMO Series 2021-RPL1 Class A2 | CMO Series 2021-RPL1 Class A2 | CMO Series 2021-RPL1 Class A2 | CMO Series 2021-RPL1 Class A2 |
| 05/25/2065 | &nbsp;&nbsp; 7.967% | 7314600 | &nbsp;&nbsp; 7061153 |
| Preston Ridge Partners Mortgage Trust<sup>(a),(h)</sup>  | Preston Ridge Partners Mortgage Trust<sup>(a),(h)</sup>  | Preston Ridge Partners Mortgage Trust<sup>(a),(h)</sup>  | Preston Ridge Partners Mortgage Trust<sup>(a),(h)</sup>  |
| CMO Series 2023-RCF1 Class M1 | CMO Series 2023-RCF1 Class M1 | CMO Series 2023-RCF1 Class M1 | CMO Series 2023-RCF1 Class M1 |
| 06/25/2053 | &nbsp;&nbsp; 4.000% | 11431000 | &nbsp;&nbsp; 11022255 |
| PRET LLC<sup>(a),(h)</sup>  | PRET LLC<sup>(a),(h)</sup>  | PRET LLC<sup>(a),(h)</sup>  | PRET LLC<sup>(a),(h)</sup>  |
| CMO Series 2024-NPL6 Class A1 | CMO Series 2024-NPL6 Class A1 | CMO Series 2024-NPL6 Class A1 | CMO Series 2024-NPL6 Class A1 |
| 10/25/2054 | &nbsp;&nbsp; 5.926% | 22993717 | &nbsp;&nbsp; 22994886 |
| CMO Series 2024-NPL7 Class A1 | CMO Series 2024-NPL7 Class A1 | CMO Series 2024-NPL7 Class A1 | CMO Series 2024-NPL7 Class A1 |
| 10/25/2054 | &nbsp;&nbsp; 5.925% | 17728525 | &nbsp;&nbsp; 17733713 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2024-NPL7 Class A2 | CMO Series 2024-NPL7 Class A2 | CMO Series 2024-NPL7 Class A2 | CMO Series 2024-NPL7 Class A2 |
| 10/25/2054 | &nbsp;&nbsp; 8.956% | 10794000 | &nbsp;&nbsp; 10817954 |
| CMO Series 2024-NPL8 Class A1 | CMO Series 2024-NPL8 Class A1 | CMO Series 2024-NPL8 Class A1 | CMO Series 2024-NPL8 Class A1 |
| 11/25/2054 | &nbsp;&nbsp; 5.963% | 16104322 | &nbsp;&nbsp; 16130349 |
| Pretium Mortgage Credit Partners LLC<sup>(a),(h)</sup>  | Pretium Mortgage Credit Partners LLC<sup>(a),(h)</sup>  | Pretium Mortgage Credit Partners LLC<sup>(a),(h)</sup>  | Pretium Mortgage Credit Partners LLC<sup>(a),(h)</sup>  |
| CMO Series 2021-RN2 Class A1 | CMO Series 2021-RN2 Class A1 | CMO Series 2021-RN2 Class A1 | CMO Series 2021-RN2 Class A1 |
| 07/25/2051 | &nbsp;&nbsp; 4.744% | 5594199 | &nbsp;&nbsp; 5590220 |
| PRKCM Trust<sup>(a),(p)</sup>  | PRKCM Trust<sup>(a),(p)</sup>  | PRKCM Trust<sup>(a),(p)</sup>  | PRKCM Trust<sup>(a),(p)</sup>  |
| CMO Series 2022-AFC1 Class A3 | CMO Series 2022-AFC1 Class A3 | CMO Series 2022-AFC1 Class A3 | CMO Series 2022-AFC1 Class A3 |
| 04/25/2057 | &nbsp;&nbsp; 4.100% | 12623408 | &nbsp;&nbsp; 12058956 |
| PRPM LLC<sup>(a),(h)</sup>  | PRPM LLC<sup>(a),(h)</sup>  | PRPM LLC<sup>(a),(h)</sup>  | PRPM LLC<sup>(a),(h)</sup>  |
| CMO Series 2024-7 Class A1 | CMO Series 2024-7 Class A1 | CMO Series 2024-7 Class A1 | CMO Series 2024-7 Class A1 |
| 11/25/2029 | &nbsp;&nbsp; 5.870% | 18299610 | &nbsp;&nbsp; 18372936 |
| CMO Series 2024-8 Class A1 | CMO Series 2024-8 Class A1 | CMO Series 2024-8 Class A1 | CMO Series 2024-8 Class A1 |
| 12/25/2029 | &nbsp;&nbsp; 5.897% | 11218278 | &nbsp;&nbsp; 11221775 |
| CMO Series 2025-2 Class A1 | CMO Series 2025-2 Class A1 | CMO Series 2025-2 Class A1 | CMO Series 2025-2 Class A1 |
| 05/25/2030 | &nbsp;&nbsp; 6.469% | 13218781 | &nbsp;&nbsp; 13251794 |
| Radnor Re Ltd.<sup>(a),(b)</sup>  | Radnor Re Ltd.<sup>(a),(b)</sup>  | Radnor Re Ltd.<sup>(a),(b)</sup>  | Radnor Re Ltd.<sup>(a),(b)</sup>  |
| CMO Series 2021-1 Class M2 | CMO Series 2021-1 Class M2 | CMO Series 2021-1 Class M2 | CMO Series 2021-1 Class M2 |
| 30-day Average SOFR + <br> 3.150% <br>12/27/2033<br>| &nbsp;&nbsp; 7.500% | 17108728 | &nbsp;&nbsp; 17246997 |
| CMO Series 2024-1 Class M1B | CMO Series 2024-1 Class M1B | CMO Series 2024-1 Class M1B | CMO Series 2024-1 Class M1B |
| 30-day Average SOFR + <br> 2.900% <br>Floor 2.900% <br>09/25/2034<br>| &nbsp;&nbsp; 7.250% | 6900000 | &nbsp;&nbsp; 6983718 |
| RCO X Mortgage LLC<sup>(a),(h)</sup>  | RCO X Mortgage LLC<sup>(a),(h)</sup>  | RCO X Mortgage LLC<sup>(a),(h)</sup>  | RCO X Mortgage LLC<sup>(a),(h)</sup>  |
| CMO Series 2025-1 Class A1 | CMO Series 2025-1 Class A1 | CMO Series 2025-1 Class A1 | CMO Series 2025-1 Class A1 |
| 01/25/2030 | &nbsp;&nbsp; 5.875% | 17059868 | &nbsp;&nbsp; 17178301 |
| SAIF Securitization Trust<sup>(a),(h)</sup>  | SAIF Securitization Trust<sup>(a),(h)</sup>  | SAIF Securitization Trust<sup>(a),(h)</sup>  | SAIF Securitization Trust<sup>(a),(h)</sup>  |
| CMO Series 2025-CES1 Class A1 | CMO Series 2025-CES1 Class A1 | CMO Series 2025-CES1 Class A1 | CMO Series 2025-CES1 Class A1 |
| 06/25/2065 | &nbsp;&nbsp; 5.406% | 17925000 | &nbsp;&nbsp; 17947713 |
| Toorak Mortgage Trust<sup>(a),(h)</sup>  | Toorak Mortgage Trust<sup>(a),(h)</sup>  | Toorak Mortgage Trust<sup>(a),(h)</sup>  | Toorak Mortgage Trust<sup>(a),(h)</sup>  |
| CMO Series 2024-RRTL2 Class A1 | CMO Series 2024-RRTL2 Class A1 | CMO Series 2024-RRTL2 Class A1 | CMO Series 2024-RRTL2 Class A1 |
| 09/25/2039 | &nbsp;&nbsp; 5.504% | 19650000 | &nbsp;&nbsp; 19689585 |
| Triangle Re Ltd.<sup>(a),(b)</sup>  | Triangle Re Ltd.<sup>(a),(b)</sup>  | Triangle Re Ltd.<sup>(a),(b)</sup>  | Triangle Re Ltd.<sup>(a),(b)</sup>  |
| CMO Series 2021-2 Class M2 | CMO Series 2021-2 Class M2 | CMO Series 2021-2 Class M2 | CMO Series 2021-2 Class M2 |
| 1-month Term SOFR + <br> 5.614% <br>10/25/2033<br>| &nbsp;&nbsp; 9.946% | 9979730 | &nbsp;&nbsp; 10194853 |
| Unlock HEA Trust<sup>(a)</sup>  | Unlock HEA Trust<sup>(a)</sup>  | Unlock HEA Trust<sup>(a)</sup>  | Unlock HEA Trust<sup>(a)</sup>  |
| CMO Series 2023-1 Class A | CMO Series 2023-1 Class A | CMO Series 2023-1 Class A | CMO Series 2023-1 Class A |
| 10/25/2038 | &nbsp;&nbsp; 7.000% | 11580398 | &nbsp;&nbsp; 11567126 |
| Vericrest Opportunity Loan Transferee<sup>(a),(h)</sup>  | Vericrest Opportunity Loan Transferee<sup>(a),(h)</sup>  | Vericrest Opportunity Loan Transferee<sup>(a),(h)</sup>  | Vericrest Opportunity Loan Transferee<sup>(a),(h)</sup>  |
| CMO Series 2021-NPL4 Class A1 | CMO Series 2021-NPL4 Class A1 | CMO Series 2021-NPL4 Class A1 | CMO Series 2021-NPL4 Class A1 |
| 03/27/2051 | &nbsp;&nbsp; 2.240% | 1326604 | &nbsp;&nbsp; 1326309 |
| Visio Trust<sup>(a),(p)</sup>  | Visio Trust<sup>(a),(p)</sup>  | Visio Trust<sup>(a),(p)</sup>  | Visio Trust<sup>(a),(p)</sup>  |
| CMO Series 2019-2 Class M1 | CMO Series 2019-2 Class M1 | CMO Series 2019-2 Class M1 | CMO Series 2019-2 Class M1 |
| 11/25/2054 | &nbsp;&nbsp; 3.260% | 4200000 | &nbsp;&nbsp; 4087079 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Subordinated CMO Series 2019-2 Class B1 | Subordinated CMO Series 2019-2 Class B1 | Subordinated CMO Series 2019-2 Class B1 | Subordinated CMO Series 2019-2 Class B1 |
| 11/25/2054 | &nbsp;&nbsp; 3.910% | 3600000 | &nbsp;&nbsp; 3521131 |
| Total Residential Mortgage-Backed Securities - Non-Agency <br>(Cost $483,707,197) | Total Residential Mortgage-Backed Securities - Non-Agency <br>(Cost $483,707,197) | Total Residential Mortgage-Backed Securities - Non-Agency <br>(Cost $483,707,197) | &nbsp;&nbsp; **491661221** |

---

---

| | | |
|:---|:---|:---|
| **Rights 0.0%** | **Rights 0.0%** | **Rights 0.0%** |
| **Issuer** | **Shares** | **Value ($)** |
| **Communication Services 0.0%** | **Communication Services 0.0%** | **Communication Services 0.0%** |
| **Diversified Telecommunication Services 0.0%** | **Diversified Telecommunication Services 0.0%** | **Diversified Telecommunication Services 0.0%** |
| Windstream Holdings II LLC<sup>(f)</sup> <br>| &nbsp;&nbsp; 2045 | &nbsp;&nbsp; 40900 |
| **Entertainment 0.0%** | **Entertainment 0.0%** | **Entertainment 0.0%** |
| Cineworld Group PLC<sup>(f)</sup> <br>| &nbsp;&nbsp; 31901 | &nbsp;&nbsp; 718916 |
| **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **759816** |
| Total Rights <br>(Cost $417,906) | Total Rights <br>(Cost $417,906) | &nbsp;&nbsp; **759816** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans 10.7%** | **Senior Loans 10.7%** | **Senior Loans 10.7%** | **Senior Loans 10.7%** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Aerospace & Defense 0.1%** | **Aerospace & Defense 0.1%** | **Aerospace & Defense 0.1%** | **Aerospace & Defense 0.1%** |
| Bleriot US Bidco, Inc.<sup>(b),(r)</sup>  | Bleriot US Bidco, Inc.<sup>(b),(r)</sup>  | Bleriot US Bidco, Inc.<sup>(b),(r)</sup>  | Bleriot US Bidco, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.500% <br>10/31/2030<br>| &nbsp;&nbsp; 6.808% | 744375 | &nbsp;&nbsp; 745707 |
| Goat Holdco LLC<sup>(b),(r)</sup>  | Goat Holdco LLC<sup>(b),(r)</sup>  | Goat Holdco LLC<sup>(b),(r)</sup>  | Goat Holdco LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 3.000% <br>01/27/2032<br>| &nbsp;&nbsp; 7.316% | 1866201 | &nbsp;&nbsp; 1867750 |
| TransDigm, Inc.<sup>(b),(r)</sup>  | TransDigm, Inc.<sup>(b),(r)</sup>  | TransDigm, Inc.<sup>(b),(r)</sup>  | TransDigm, Inc.<sup>(b),(r)</sup>  |
| Tranche J Term Loan | Tranche J Term Loan | Tranche J Term Loan | Tranche J Term Loan |
| 3-month Term SOFR + 2.500% <br>02/28/2031<br>| &nbsp;&nbsp; 6.796% | 3984749 | &nbsp;&nbsp; 3987259 |
| Tranche M Term Loan | Tranche M Term Loan | Tranche M Term Loan | Tranche M Term Loan |
| 1-month Term SOFR + 2.500% <br>08/19/2032<br>| &nbsp;&nbsp; 6.853% | 160380 | &nbsp;&nbsp; 160417 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **6761133** |
| **Airlines 0.1%** | **Airlines 0.1%** | **Airlines 0.1%** | **Airlines 0.1%** |
| AAdvantage Loyalty IP Ltd./American Airlines, Inc.<sup>(b),(r)</sup>  | AAdvantage Loyalty IP Ltd./American Airlines, Inc.<sup>(b),(r)</sup>  | AAdvantage Loyalty IP Ltd./American Airlines, Inc.<sup>(b),(r)</sup>  | AAdvantage Loyalty IP Ltd./American Airlines, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.250% <br>04/20/2028<br>| &nbsp;&nbsp; 6.575% | 2317549 | &nbsp;&nbsp; 2309230 |
| 3-month Term SOFR + 3.250% <br>05/28/2032<br>| &nbsp;&nbsp; 7.575% | 215225 | &nbsp;&nbsp; 216234 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| American Airlines, Inc.<sup>(b),(r)</sup>  | American Airlines, Inc.<sup>(b),(r)</sup>  | American Airlines, Inc.<sup>(b),(r)</sup>  | American Airlines, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.250% <br>06/04/2029<br>| &nbsp;&nbsp; 6.567% | 1497808 | &nbsp;&nbsp; 1491442 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **4016906** |
| **Automotive 0.1%** | **Automotive 0.1%** | **Automotive 0.1%** | **Automotive 0.1%** |
| American Axle & Manufacturing, Inc.<sup>(b),(r)</sup>  | American Axle & Manufacturing, Inc.<sup>(b),(r)</sup>  | American Axle & Manufacturing, Inc.<sup>(b),(r)</sup>  | American Axle & Manufacturing, Inc.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 6-month Term SOFR + 3.000% <br>Floor 0.500% <br>12/13/2029<br>| &nbsp;&nbsp; 7.157% | 1793574 | &nbsp;&nbsp; 1790435 |
| Clarios Global LP<sup>(b),(r)</sup>  | Clarios Global LP<sup>(b),(r)</sup>  | Clarios Global LP<sup>(b),(r)</sup>  | Clarios Global LP<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 2.500% <br>05/06/2030<br>| &nbsp;&nbsp; 6.816% | 2120722 | &nbsp;&nbsp; 2119662 |
| 1-month Term SOFR + 2.750% <br>01/28/2032<br>| &nbsp;&nbsp; 7.066% | 1347181 | &nbsp;&nbsp; 1347181 |
| First Brands Group LLC<sup>(b),(r)</sup>  | First Brands Group LLC<sup>(b),(r)</sup>  | First Brands Group LLC<sup>(b),(r)</sup>  | First Brands Group LLC<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 5.000% <br>Floor 1.000% <br>03/30/2027<br>| &nbsp;&nbsp; 9.570% | 1682537 | &nbsp;&nbsp; 1598410 |
| 1st Lien Term Loan  | 1st Lien Term Loan  | 1st Lien Term Loan  | 1st Lien Term Loan  |
| 3-month Term SOFR + 5.000% <br>Floor 1.000% <br>03/30/2027<br>| &nbsp;&nbsp; 9.570% | 1106026 | &nbsp;&nbsp; 1048424 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **7904112** |
| **Brokerage/Asset Managers/Exchanges 0.5%** | **Brokerage/Asset Managers/Exchanges 0.5%** | **Brokerage/Asset Managers/Exchanges 0.5%** | **Brokerage/Asset Managers/Exchanges 0.5%** |
| Allspring Buyer LLC<sup>(b),(r)</sup>  | Allspring Buyer LLC<sup>(b),(r)</sup>  | Allspring Buyer LLC<sup>(b),(r)</sup>  | Allspring Buyer LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.000% <br>11/01/2030<br>| &nbsp;&nbsp; 7.313% | 1711986 | &nbsp;&nbsp; 1717344 |
| Aretec Group, Inc.<sup>(b),(r)</sup>  | Aretec Group, Inc.<sup>(b),(r)</sup>  | Aretec Group, Inc.<sup>(b),(r)</sup>  | Aretec Group, Inc.<sup>(b),(r)</sup>  |
| Tranche B3 1st Lien Term Loan | Tranche B3 1st Lien Term Loan | Tranche B3 1st Lien Term Loan | Tranche B3 1st Lien Term Loan |
| 1-month Term SOFR + 3.500% <br>08/09/2030<br>| &nbsp;&nbsp; 7.816% | 3207580 | &nbsp;&nbsp; 3209023 |
| DRW Holdings LLC<sup>(b),(r)</sup>  | DRW Holdings LLC<sup>(b),(r)</sup>  | DRW Holdings LLC<sup>(b),(r)</sup>  | DRW Holdings LLC<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.500% <br>06/26/2031<br>| &nbsp;&nbsp; 7.816% | 792000 | &nbsp;&nbsp; 791010 |
| Focus Financial Partners LLC<sup>(b),(r)</sup>  | Focus Financial Partners LLC<sup>(b),(r)</sup>  | Focus Financial Partners LLC<sup>(b),(r)</sup>  | Focus Financial Partners LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.750% <br>09/15/2031<br>| &nbsp;&nbsp; 7.066% | 2138816 | &nbsp;&nbsp; 2137105 |
| GIH Borrower LLC<sup>(b),(r)</sup>  | GIH Borrower LLC<sup>(b),(r)</sup>  | GIH Borrower LLC<sup>(b),(r)</sup>  | GIH Borrower LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.500% <br>11/26/2031<br>| &nbsp;&nbsp; 6.796% | 1741250 | &nbsp;&nbsp; 1745168 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| GTCR Everest Borrower LLC<sup>(b),(r)</sup>  | GTCR Everest Borrower LLC<sup>(b),(r)</sup>  | GTCR Everest Borrower LLC<sup>(b),(r)</sup>  | GTCR Everest Borrower LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.750% <br>09/05/2031<br>| &nbsp;&nbsp; 7.064% | 2487500 | &nbsp;&nbsp; 2491579 |
| HighTower Holding LLC<sup>(b),(r)</sup>  | HighTower Holding LLC<sup>(b),(r)</sup>  | HighTower Holding LLC<sup>(b),(r)</sup>  | HighTower Holding LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.750% <br>02/03/2032<br>| &nbsp;&nbsp; 7.071% | 1388326 | &nbsp;&nbsp; 1385729 |
| Jefferies Finance LLC<sup>(b),(r)</sup>  | Jefferies Finance LLC<sup>(b),(r)</sup>  | Jefferies Finance LLC<sup>(b),(r)</sup>  | Jefferies Finance LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.750% <br>10/21/2031<br>| &nbsp;&nbsp; 7.111% | 2656666 | &nbsp;&nbsp; 2658340 |
| June Purchaser LLC<sup>(b),(r),(s),(t)</sup>  | June Purchaser LLC<sup>(b),(r),(s),(t)</sup>  | June Purchaser LLC<sup>(b),(r),(s),(t)</sup>  | June Purchaser LLC<sup>(b),(r),(s),(t)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| 3-month Term SOFR + 3.000% <br>11/28/2031<br>| &nbsp;&nbsp; 3.000% | 179947 | &nbsp;&nbsp; 180667 |
| June Purchaser LLC<sup>(b),(r)</sup>  | June Purchaser LLC<sup>(b),(r)</sup>  | June Purchaser LLC<sup>(b),(r)</sup>  | June Purchaser LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 6-month Term SOFR + 3.250% <br>11/28/2031<br>| &nbsp;&nbsp; 7.467% | 1076985 | &nbsp;&nbsp; 1081293 |
| Osaic Holdings, Inc.<sup>(b),(r)</sup>  | Osaic Holdings, Inc.<sup>(b),(r)</sup>  | Osaic Holdings, Inc.<sup>(b),(r)</sup>  | Osaic Holdings, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.000% <br>07/30/2032<br>| &nbsp;&nbsp; 7.316% | 3003087 | &nbsp;&nbsp; 2999754 |
| PEX Holdings LLC<sup>(b),(r)</sup>  | PEX Holdings LLC<sup>(b),(r)</sup>  | PEX Holdings LLC<sup>(b),(r)</sup>  | PEX Holdings LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 6-month Term SOFR + 2.750% <br>11/26/2031<br>| &nbsp;&nbsp; 6.967% | 3445351 | &nbsp;&nbsp; 3443904 |
| Russell Investments US Institutional Holdco, Inc.<sup>(b),(r),(s)</sup>  | Russell Investments US Institutional Holdco, Inc.<sup>(b),(r),(s)</sup>  | Russell Investments US Institutional Holdco, Inc.<sup>(b),(r),(s)</sup>  | Russell Investments US Institutional Holdco, Inc.<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 5.000% <br>Floor 1.000% <br>05/30/2027<br>| &nbsp;&nbsp; 9.308% | 3760213 | &nbsp;&nbsp; 3591004 |
| VFH Parent LLC<sup>(b),(r)</sup>  | VFH Parent LLC<sup>(b),(r)</sup>  | VFH Parent LLC<sup>(b),(r)</sup>  | VFH Parent LLC<sup>(b),(r)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| 1-month Term SOFR + 2.500% <br>06/21/2031<br>| &nbsp;&nbsp; 6.816% | 1463455 | &nbsp;&nbsp; 1467114 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **28899034** |
| **Building Materials 0.5%** | **Building Materials 0.5%** | **Building Materials 0.5%** | **Building Materials 0.5%** |
| Cornerstone Building Brands, Inc.<sup>(b),(r)</sup>  | Cornerstone Building Brands, Inc.<sup>(b),(r)</sup>  | Cornerstone Building Brands, Inc.<sup>(b),(r)</sup>  | Cornerstone Building Brands, Inc.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 3.250% <br>Floor 0.500% <br>04/12/2028<br>| &nbsp;&nbsp; 7.713% | 1360337 | &nbsp;&nbsp; 1287219 |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| 1-month Term SOFR + 4.500% <br>Floor 0.500% <br>05/15/2031<br>| &nbsp;&nbsp; 8.863% | 278071 | &nbsp;&nbsp; 246093 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Covia Holdings LLC<sup>(b),(r)</sup>  | Covia Holdings LLC<sup>(b),(r)</sup>  | Covia Holdings LLC<sup>(b),(r)</sup>  | Covia Holdings LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 2.750% <br>02/26/2032<br>| &nbsp;&nbsp; 6.948% | 1815000 | &nbsp;&nbsp; 1820681 |
| DG Investment Intermediate Holdings 2, Inc.<sup>(b),(r)</sup>  | DG Investment Intermediate Holdings 2, Inc.<sup>(b),(r)</sup>  | DG Investment Intermediate Holdings 2, Inc.<sup>(b),(r)</sup>  | DG Investment Intermediate Holdings 2, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.750% <br>07/09/2032<br>| &nbsp;&nbsp; 8.102% | 343273 | &nbsp;&nbsp; 344132 |
| Foundation Building Materials, Inc.<sup>(b),(r)</sup>  | Foundation Building Materials, Inc.<sup>(b),(r)</sup>  | Foundation Building Materials, Inc.<sup>(b),(r)</sup>  | Foundation Building Materials, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan  | 1st Lien Term Loan  | 1st Lien Term Loan  | 1st Lien Term Loan  |
| 3-month Term SOFR + 3.250% <br>Floor 0.500% <br>01/31/2028<br>| &nbsp;&nbsp; 7.819% | 1969231 | &nbsp;&nbsp; 1971889 |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 4.000% <br>01/29/2031<br>| &nbsp;&nbsp; 8.308% | 326852 | &nbsp;&nbsp; 327751 |
| Gulfside Supply, Inc.<sup>(b),(r)</sup>  | Gulfside Supply, Inc.<sup>(b),(r)</sup>  | Gulfside Supply, Inc.<sup>(b),(r)</sup>  | Gulfside Supply, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.000% <br>06/17/2031<br>| &nbsp;&nbsp; 7.296% | 1455149 | &nbsp;&nbsp; 1457230 |
| Johnstone Supply LLC<sup>(b),(r),(s)</sup>  | Johnstone Supply LLC<sup>(b),(r),(s)</sup>  | Johnstone Supply LLC<sup>(b),(r),(s)</sup>  | Johnstone Supply LLC<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.500% <br>06/09/2031<br>| &nbsp;&nbsp; 6.841% | 3368355 | &nbsp;&nbsp; 3368961 |
| Kodiak BP LLC<sup>(b),(r)</sup>  | Kodiak BP LLC<sup>(b),(r)</sup>  | Kodiak BP LLC<sup>(b),(r)</sup>  | Kodiak BP LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.750% <br>12/04/2031<br>| &nbsp;&nbsp; 8.041% | 2304183 | &nbsp;&nbsp; 2289298 |
| LBM Acquisition LLC<sup>(b),(r)</sup>  | LBM Acquisition LLC<sup>(b),(r)</sup>  | LBM Acquisition LLC<sup>(b),(r)</sup>  | LBM Acquisition LLC<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 5.000% <br>06/06/2031<br>| &nbsp;&nbsp; 9.360% | 575004 | &nbsp;&nbsp; 568248 |
| LBM Acquisition LLC <sup>(b),(r)</sup>  | LBM Acquisition LLC <sup>(b),(r)</sup>  | LBM Acquisition LLC <sup>(b),(r)</sup>  | LBM Acquisition LLC <sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.750% <br>Floor 0.750% <br>06/06/2031<br>| &nbsp;&nbsp; 8.210% | 1833853 | &nbsp;&nbsp; 1778507 |
| Madison Safety & Flow LLC<sup>(b),(r),(s)</sup>  | Madison Safety & Flow LLC<sup>(b),(r),(s)</sup>  | Madison Safety & Flow LLC<sup>(b),(r),(s)</sup>  | Madison Safety & Flow LLC<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 2.750% <br>09/26/2031<br>| &nbsp;&nbsp; 7.066% | 1600300 | &nbsp;&nbsp; 1605101 |
| MI Windows and Doors LLC<sup>(b),(r)</sup>  | MI Windows and Doors LLC<sup>(b),(r)</sup>  | MI Windows and Doors LLC<sup>(b),(r)</sup>  | MI Windows and Doors LLC<sup>(b),(r)</sup>  |
| Tranche B3 Term Loan | Tranche B3 Term Loan | Tranche B3 Term Loan | Tranche B3 Term Loan |
| 1-month Term SOFR + 2.750% <br>03/28/2031<br>| &nbsp;&nbsp; 7.066% | 748111 | &nbsp;&nbsp; 751036 |
| Park River Holdings, Inc.<sup>(b),(r)</sup>  | Park River Holdings, Inc.<sup>(b),(r)</sup>  | Park River Holdings, Inc.<sup>(b),(r)</sup>  | Park River Holdings, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 3.250% <br>Floor 0.750% <br>12/28/2027<br>| &nbsp;&nbsp; 7.802% | 860322 | &nbsp;&nbsp; 856734 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Quikrete Holdings, Inc.<sup>(b),(r)</sup>  | Quikrete Holdings, Inc.<sup>(b),(r)</sup>  | Quikrete Holdings, Inc.<sup>(b),(r)</sup>  | Quikrete Holdings, Inc.<sup>(b),(r)</sup>  |
| Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan |
| 1-month Term SOFR + 2.250% <br>04/14/2031<br>| &nbsp;&nbsp; 6.566% | 2382243 | &nbsp;&nbsp; 2380766 |
| Tranche B2 1st Lien Term Loan | Tranche B2 1st Lien Term Loan | Tranche B2 1st Lien Term Loan | Tranche B2 1st Lien Term Loan |
| 1-month Term SOFR + 2.250% <br>03/19/2029<br>| &nbsp;&nbsp; 6.566% | 250000 | &nbsp;&nbsp; 250000 |
| Tranche B3 1st Lien Term Loan | Tranche B3 1st Lien Term Loan | Tranche B3 1st Lien Term Loan | Tranche B3 1st Lien Term Loan |
| 1-month Term SOFR + 2.250% <br>02/10/2032<br>| &nbsp;&nbsp; 6.566% | 764588 | &nbsp;&nbsp; 764114 |
| QXO Building Products, Inc.<sup>(b),(r)</sup>  | QXO Building Products, Inc.<sup>(b),(r)</sup>  | QXO Building Products, Inc.<sup>(b),(r)</sup>  | QXO Building Products, Inc.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.000% <br>04/30/2032<br>| &nbsp;&nbsp; 7.296% | 323809 | &nbsp;&nbsp; 326491 |
| Smyrna Ready Mix Concrete LLC<sup>(b),(r)</sup>  | Smyrna Ready Mix Concrete LLC<sup>(b),(r)</sup>  | Smyrna Ready Mix Concrete LLC<sup>(b),(r)</sup>  | Smyrna Ready Mix Concrete LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.000% <br>04/02/2029<br>| &nbsp;&nbsp; 7.323% | 1296750 | &nbsp;&nbsp; 1299992 |
| Specialty Building Products Holdings LLC<sup>(b),(r)</sup>  | Specialty Building Products Holdings LLC<sup>(b),(r)</sup>  | Specialty Building Products Holdings LLC<sup>(b),(r)</sup>  | Specialty Building Products Holdings LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.750% <br>Floor 0.500% <br>10/15/2028<br>| &nbsp;&nbsp; 8.166% | 772732 | &nbsp;&nbsp; 748004 |
| Standard Building Solutions, Inc.<sup>(b),(r)</sup>  | Standard Building Solutions, Inc.<sup>(b),(r)</sup>  | Standard Building Solutions, Inc.<sup>(b),(r)</sup>  | Standard Building Solutions, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 1.750% <br>Floor 0.500% <br>09/22/2028<br>| &nbsp;&nbsp; 6.089% | 659184 | &nbsp;&nbsp; 660304 |
| White Cap Supply Holdings LLC<sup>(b),(r)</sup>  | White Cap Supply Holdings LLC<sup>(b),(r)</sup>  | White Cap Supply Holdings LLC<sup>(b),(r)</sup>  | White Cap Supply Holdings LLC<sup>(b),(r)</sup>  |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| 1-month Term SOFR + 3.250% <br>10/19/2029<br>| &nbsp;&nbsp; 7.566% | 3822143 | &nbsp;&nbsp; 3822525 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **28925076** |
| **Cable and Satellite 0.2%** | **Cable and Satellite 0.2%** | **Cable and Satellite 0.2%** | **Cable and Satellite 0.2%** |
| CSC Holdings LLC<sup>(b),(r)</sup>  | CSC Holdings LLC<sup>(b),(r)</sup>  | CSC Holdings LLC<sup>(b),(r)</sup>  | CSC Holdings LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 4.500% <br>01/18/2028<br>| &nbsp;&nbsp; 8.863% | 1410432 | &nbsp;&nbsp; 1404917 |
| Iridium Communications, Inc.<sup>(b),(r),(s)</sup>  | Iridium Communications, Inc.<sup>(b),(r),(s)</sup>  | Iridium Communications, Inc.<sup>(b),(r),(s)</sup>  | Iridium Communications, Inc.<sup>(b),(r),(s)</sup>  |
| Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan |
| 1-month Term SOFR + 2.250% <br>Floor 0.750% <br>09/20/2030<br>| &nbsp;&nbsp; 6.566% | 1889413 | &nbsp;&nbsp; 1879285 |
| Sunrise Financing Partnership<sup>(b),(r)</sup>  | Sunrise Financing Partnership<sup>(b),(r)</sup>  | Sunrise Financing Partnership<sup>(b),(r)</sup>  | Sunrise Financing Partnership<sup>(b),(r)</sup>  |
| Tranche AAA Term Loan | Tranche AAA Term Loan | Tranche AAA Term Loan | Tranche AAA Term Loan |
| 6-month Term SOFR + 2.500% <br>02/15/2032<br>| &nbsp;&nbsp; 6.691% | 2529049 | &nbsp;&nbsp; 2524320 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Telesat Canada<sup>(b),(r),(s)</sup>  | Telesat Canada<sup>(b),(r),(s)</sup>  | Telesat Canada<sup>(b),(r),(s)</sup>  | Telesat Canada<sup>(b),(r),(s)</sup>  |
| Tranche B5 Term Loan | Tranche B5 Term Loan | Tranche B5 Term Loan | Tranche B5 Term Loan |
| 3-month Term SOFR + 2.750% <br>12/07/2026<br>| &nbsp;&nbsp; 7.210% | 3429765 | &nbsp;&nbsp; 2603775 |
| Virgin Media Bristol LLC<sup>(b),(r)</sup>  | Virgin Media Bristol LLC<sup>(b),(r)</sup>  | Virgin Media Bristol LLC<sup>(b),(r)</sup>  | Virgin Media Bristol LLC<sup>(b),(r)</sup>  |
| Tranche N Term Loan | Tranche N Term Loan | Tranche N Term Loan | Tranche N Term Loan |
| 1-month Term SOFR + 2.500% <br>01/31/2028<br>| &nbsp;&nbsp; 6.978% | 630341 | &nbsp;&nbsp; 625538 |
| Tranche Q Term Loan | Tranche Q Term Loan | Tranche Q Term Loan | Tranche Q Term Loan |
| 1-month Term SOFR + 3.250% <br>01/31/2029<br>| &nbsp;&nbsp; 7.728% | 1000000 | &nbsp;&nbsp; 997160 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **10034995** |
| **Chemicals 0.5%** | **Chemicals 0.5%** | **Chemicals 0.5%** | **Chemicals 0.5%** |
| A-AP Buyer, Inc.<sup>(b),(r)</sup>  | A-AP Buyer, Inc.<sup>(b),(r)</sup>  | A-AP Buyer, Inc.<sup>(b),(r)</sup>  | A-AP Buyer, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.750% <br>09/09/2031<br>| &nbsp;&nbsp; 7.066% | 1449512 | &nbsp;&nbsp; 1450425 |
| Ineos Quattro Holdings UK Ltd.<sup>(b),(r)</sup>  | Ineos Quattro Holdings UK Ltd.<sup>(b),(r)</sup>  | Ineos Quattro Holdings UK Ltd.<sup>(b),(r)</sup>  | Ineos Quattro Holdings UK Ltd.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 4.250% <br>04/02/2029<br>| &nbsp;&nbsp; 8.666% | 2724312 | &nbsp;&nbsp; 2445070 |
| Ineos US Finance LLC<sup>(b),(r)</sup>  | Ineos US Finance LLC<sup>(b),(r)</sup>  | Ineos US Finance LLC<sup>(b),(r)</sup>  | Ineos US Finance LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.250% <br>02/18/2030<br>| &nbsp;&nbsp; 7.577% | 2295930 | &nbsp;&nbsp; 2102682 |
| 1-month Term SOFR + 3.000% <br>02/07/2031<br>| &nbsp;&nbsp; 7.316% | 676502 | &nbsp;&nbsp; 609413 |
| Innophos Holdings, Inc.<sup>(b),(r)</sup>  | Innophos Holdings, Inc.<sup>(b),(r)</sup>  | Innophos Holdings, Inc.<sup>(b),(r)</sup>  | Innophos Holdings, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 4.250% <br>03/16/2029<br>| &nbsp;&nbsp; 8.680% | 2628878 | &nbsp;&nbsp; 2621649 |
| Lummus Technology Holdings V LLC<sup>(b),(r)</sup>  | Lummus Technology Holdings V LLC<sup>(b),(r)</sup>  | Lummus Technology Holdings V LLC<sup>(b),(r)</sup>  | Lummus Technology Holdings V LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.500% <br>12/31/2029<br>| &nbsp;&nbsp; 6.816% | 3487892 | &nbsp;&nbsp; 3493996 |
| Nouryon Finance BV<sup>(b),(r)</sup>  | Nouryon Finance BV<sup>(b),(r)</sup>  | Nouryon Finance BV<sup>(b),(r)</sup>  | Nouryon Finance BV<sup>(b),(r)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 1-month Term SOFR + 3.250% <br>04/03/2028<br>| &nbsp;&nbsp; 7.601% | 1136447 | &nbsp;&nbsp; 1137867 |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| 1-month Term SOFR + 3.250% <br>04/03/2028<br>| &nbsp;&nbsp; 7.611% | 1114345 | &nbsp;&nbsp; 1116083 |
| Olympus Water US Holding<sup>(b),(r),(s)</sup>  | Olympus Water US Holding<sup>(b),(r),(s)</sup>  | Olympus Water US Holding<sup>(b),(r),(s)</sup>  | Olympus Water US Holding<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.250% <br>07/23/2032<br>| &nbsp;&nbsp; 7.593% | 253734 | &nbsp;&nbsp; 252889 |
| Olympus Water US Holding Corp.<sup>(b),(r)</sup>  | Olympus Water US Holding Corp.<sup>(b),(r)</sup>  | Olympus Water US Holding Corp.<sup>(b),(r)</sup>  | Olympus Water US Holding Corp.<sup>(b),(r)</sup>  |
| Tranche B6 Term Loan | Tranche B6 Term Loan | Tranche B6 Term Loan | Tranche B6 Term Loan |
| 3-month Term SOFR + 3.000% <br>06/20/2031<br>| &nbsp;&nbsp; 7.296% | 3060749 | &nbsp;&nbsp; 3046731 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Rockpoint Gas Storage Partners LP<sup>(b),(r)</sup>  | Rockpoint Gas Storage Partners LP<sup>(b),(r)</sup>  | Rockpoint Gas Storage Partners LP<sup>(b),(r)</sup>  | Rockpoint Gas Storage Partners LP<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.000% <br>09/18/2031<br>| &nbsp;&nbsp; 7.296% | 2094070 | &nbsp;&nbsp; 2098866 |
| Tronox Finance LLC<sup>(b),(r)</sup>  | Tronox Finance LLC<sup>(b),(r)</sup>  | Tronox Finance LLC<sup>(b),(r)</sup>  | Tronox Finance LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.500% <br>09/30/2031<br>| &nbsp;&nbsp; 6.805% | 497500 | &nbsp;&nbsp; 436332 |
| Tranche B2 1st Lien Term Loan | Tranche B2 1st Lien Term Loan | Tranche B2 1st Lien Term Loan | Tranche B2 1st Lien Term Loan |
| 3-month Term SOFR + 2.250% <br>04/04/2029<br>| &nbsp;&nbsp; 6.546% | 475902 | &nbsp;&nbsp; 432524 |
| USALCO LLC<sup>(b),(r),(s),(t)</sup>  | USALCO LLC<sup>(b),(r),(s),(t)</sup>  | USALCO LLC<sup>(b),(r),(s),(t)</sup>  | USALCO LLC<sup>(b),(r),(s),(t)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| 3-month Term SOFR + 1.000% <br>09/30/2031<br>| &nbsp;&nbsp; 1.000% | 273229 | &nbsp;&nbsp; 272718 |
| USALCO LLC<sup>(b),(r),(s)</sup>  | USALCO LLC<sup>(b),(r),(s)</sup>  | USALCO LLC<sup>(b),(r),(s)</sup>  | USALCO LLC<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.500% <br>09/30/2031<br>| &nbsp;&nbsp; 7.816% | 2638673 | &nbsp;&nbsp; 2633739 |
| W. R. Grace Holdings LLC<sup>(b),(r)</sup>  | W. R. Grace Holdings LLC<sup>(b),(r)</sup>  | W. R. Grace Holdings LLC<sup>(b),(r)</sup>  | W. R. Grace Holdings LLC<sup>(b),(r)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 3-month Term SOFR + 3.000% <br>03/16/2027<br>| &nbsp;&nbsp; 7.195% | 757902 | &nbsp;&nbsp; 756955 |
| Windsor Holdings III LLC<sup>(b),(r)</sup>  | Windsor Holdings III LLC<sup>(b),(r)</sup>  | Windsor Holdings III LLC<sup>(b),(r)</sup>  | Windsor Holdings III LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.750% <br>08/01/2030<br>| &nbsp;&nbsp; 7.073% | 3018350 | &nbsp;&nbsp; 3019617 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **27927556** |
| **Construction Machinery 0.0%** | **Construction Machinery 0.0%** | **Construction Machinery 0.0%** | **Construction Machinery 0.0%** |
| Columbus McKinnon Corp.<sup>(b),(r)</sup>  | Columbus McKinnon Corp.<sup>(b),(r)</sup>  | Columbus McKinnon Corp.<sup>(b),(r)</sup>  | Columbus McKinnon Corp.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.500% <br>Floor 0.500% <br>05/14/2028<br>| &nbsp;&nbsp; 6.796% | 971044 | &nbsp;&nbsp; 971044 |
| **Consumer Cyclical Services 0.5%** | **Consumer Cyclical Services 0.5%** | **Consumer Cyclical Services 0.5%** | **Consumer Cyclical Services 0.5%** |
| Allied Universal Holdco LLC<sup>(b),(r),(s)</sup>  | Allied Universal Holdco LLC<sup>(b),(r),(s)</sup>  | Allied Universal Holdco LLC<sup>(b),(r),(s)</sup>  | Allied Universal Holdco LLC<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 3.250% <br>08/06/2032<br>| &nbsp;&nbsp; 7.590% | 2245194 | &nbsp;&nbsp; 2251571 |
| AmSpec Parent LLC<sup>(b),(r),(s),(t)</sup>  | AmSpec Parent LLC<sup>(b),(r),(s),(t)</sup>  | AmSpec Parent LLC<sup>(b),(r),(s),(t)</sup>  | AmSpec Parent LLC<sup>(b),(r),(s),(t)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| 3-month Term SOFR + 3.500% <br>12/22/2031<br>| &nbsp;&nbsp; 3.727% | 133333 | &nbsp;&nbsp; 133875 |
| AmSpec Parent LLC<sup>(b),(r)</sup>  | AmSpec Parent LLC<sup>(b),(r)</sup>  | AmSpec Parent LLC<sup>(b),(r)</sup>  | AmSpec Parent LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.500% <br>12/22/2031<br>| &nbsp;&nbsp; 7.796% | 866667 | &nbsp;&nbsp; 870185 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Arches Buyer, Inc.<sup>(b),(r)</sup>  | Arches Buyer, Inc.<sup>(b),(r)</sup>  | Arches Buyer, Inc.<sup>(b),(r)</sup>  | Arches Buyer, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.250% <br>Floor 0.500% <br>12/06/2027<br>| &nbsp;&nbsp; 7.666% | 2913531 | &nbsp;&nbsp; 2916037 |
| Conservice Midco LLC<sup>(b),(r)</sup>  | Conservice Midco LLC<sup>(b),(r)</sup>  | Conservice Midco LLC<sup>(b),(r)</sup>  | Conservice Midco LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.750% <br>05/13/2030<br>| &nbsp;&nbsp; 7.066% | 3217490 | &nbsp;&nbsp; 3218841 |
| Corporation Service Co.<sup>(b),(r)</sup>  | Corporation Service Co.<sup>(b),(r)</sup>  | Corporation Service Co.<sup>(b),(r)</sup>  | Corporation Service Co.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.000% <br>Floor 0.500% <br>11/02/2029<br>| &nbsp;&nbsp; 6.316% | 2381949 | &nbsp;&nbsp; 2377780 |
| Cushman & Wakefield US Borrower LLC<sup>(b),(r)</sup>  | Cushman & Wakefield US Borrower LLC<sup>(b),(r)</sup>  | Cushman & Wakefield US Borrower LLC<sup>(b),(r)</sup>  | Cushman & Wakefield US Borrower LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.750% <br>01/31/2030<br>| &nbsp;&nbsp; 7.066% | 1238309 | &nbsp;&nbsp; 1239337 |
| Ensemble RCM LLC<sup>(b),(r)</sup>  | Ensemble RCM LLC<sup>(b),(r)</sup>  | Ensemble RCM LLC<sup>(b),(r)</sup>  | Ensemble RCM LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.000% <br>08/01/2029<br>| &nbsp;&nbsp; 7.308% | 1195247 | &nbsp;&nbsp; 1200004 |
| Fleet Midco I Ltd.<sup>(b),(r)</sup>  | Fleet Midco I Ltd.<sup>(b),(r)</sup>  | Fleet Midco I Ltd.<sup>(b),(r)</sup>  | Fleet Midco I Ltd.<sup>(b),(r)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| 6-month Term SOFR + 2.500% <br>02/21/2031<br>| &nbsp;&nbsp; 6.542% | 2187625 | &nbsp;&nbsp; 2187625 |
| OMNIA Partners LLC<sup>(b),(r)</sup>  | OMNIA Partners LLC<sup>(b),(r)</sup>  | OMNIA Partners LLC<sup>(b),(r)</sup>  | OMNIA Partners LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 2.500% <br>07/25/2030<br>| &nbsp;&nbsp; 6.814% | 1637625 | &nbsp;&nbsp; 1638215 |
| PG Polaris Bidco SARL<sup>(b),(r),(s)</sup>  | PG Polaris Bidco SARL<sup>(b),(r),(s)</sup>  | PG Polaris Bidco SARL<sup>(b),(r),(s)</sup>  | PG Polaris Bidco SARL<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.750% <br>03/26/2031<br>| &nbsp;&nbsp; 7.046% | 3456448 | &nbsp;&nbsp; 3465089 |
| Prime Security Services Borrower LLC<sup>(b),(r)</sup>  | Prime Security Services Borrower LLC<sup>(b),(r)</sup>  | Prime Security Services Borrower LLC<sup>(b),(r)</sup>  | Prime Security Services Borrower LLC<sup>(b),(r)</sup>  |
| Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan |
| 1-month Term SOFR + 2.000% <br>10/13/2030<br>| &nbsp;&nbsp; 6.327% | 1404115 | &nbsp;&nbsp; 1401967 |
| Raven Acquisition Holdings LLC<sup>(b),(r),(s),(t)</sup>  | Raven Acquisition Holdings LLC<sup>(b),(r),(s),(t)</sup>  | Raven Acquisition Holdings LLC<sup>(b),(r),(s),(t)</sup>  | Raven Acquisition Holdings LLC<sup>(b),(r),(s),(t)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| 3-month Term SOFR + 3.000% <br>11/19/2031<br>| &nbsp;&nbsp; 3.000% | 241481 | &nbsp;&nbsp; 242063 |
| Raven Acquisition Holdings LLC<sup>(b),(r)</sup>  | Raven Acquisition Holdings LLC<sup>(b),(r)</sup>  | Raven Acquisition Holdings LLC<sup>(b),(r)</sup>  | Raven Acquisition Holdings LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.000% <br>11/19/2031<br>| &nbsp;&nbsp; 7.316% | 3372290 | &nbsp;&nbsp; 3380417 |
| TruGreen LP<sup>(b),(r)</sup>  | TruGreen LP<sup>(b),(r)</sup>  | TruGreen LP<sup>(b),(r)</sup>  | TruGreen LP<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 4.000% <br>Floor 0.750% <br>11/02/2027<br>| &nbsp;&nbsp; 8.416% | 1057365 | &nbsp;&nbsp; 1027632 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| WW International, Inc.<sup>(b),(r)</sup>  | WW International, Inc.<sup>(b),(r)</sup>  | WW International, Inc.<sup>(b),(r)</sup>  | WW International, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 6.800% <br>06/24/2030<br>| &nbsp;&nbsp; 11.121% | 836423 | &nbsp;&nbsp; 763236 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **28313874** |
| **Consumer Products 0.2%** | **Consumer Products 0.2%** | **Consumer Products 0.2%** | **Consumer Products 0.2%** |
| Bombardier Recreational Products, Inc.<sup>(b),(r)</sup>  | Bombardier Recreational Products, Inc.<sup>(b),(r)</sup>  | Bombardier Recreational Products, Inc.<sup>(b),(r)</sup>  | Bombardier Recreational Products, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.750% <br>01/22/2031<br>| &nbsp;&nbsp; 7.066% | 1224327 | &nbsp;&nbsp; 1226347 |
| Term Loan  | Term Loan  | Term Loan  | Term Loan  |
| 1-month Term SOFR + 2.750% <br>Floor 0.500% <br>12/13/2029<br>| &nbsp;&nbsp; 7.066% | 1908202 | &nbsp;&nbsp; 1910892 |
| Osmosis Buyer Ltd.<sup>(b),(r)</sup>  | Osmosis Buyer Ltd.<sup>(b),(r)</sup>  | Osmosis Buyer Ltd.<sup>(b),(r)</sup>  | Osmosis Buyer Ltd.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 3.000% <br>07/31/2028<br>| &nbsp;&nbsp; 7.351% | 2234971 | &nbsp;&nbsp; 2235083 |
| Recess Holdings, Inc.<sup>(b),(r)</sup>  | Recess Holdings, Inc.<sup>(b),(r)</sup>  | Recess Holdings, Inc.<sup>(b),(r)</sup>  | Recess Holdings, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 3.750% <br>02/20/2030<br>| &nbsp;&nbsp; 8.069% | 1841047 | &nbsp;&nbsp; 1849110 |
| SRAM LLC<sup>(b),(r)</sup>  | SRAM LLC<sup>(b),(r)</sup>  | SRAM LLC<sup>(b),(r)</sup>  | SRAM LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.000% <br>02/27/2032<br>| &nbsp;&nbsp; 6.316% | 1712319 | &nbsp;&nbsp; 1701617 |
| SWF Holdings I Corp.<sup>(b),(r),(s),(t)</sup>  | SWF Holdings I Corp.<sup>(b),(r),(s),(t)</sup>  | SWF Holdings I Corp.<sup>(b),(r),(s),(t)</sup>  | SWF Holdings I Corp.<sup>(b),(r),(s),(t)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| 3-month Term SOFR + 2.250% <br>12/19/2029<br>| &nbsp;&nbsp; 2.250% | 98903 | &nbsp;&nbsp; 98594 |
| SWF Holdings I Corp.<sup>(b),(r)</sup>  | SWF Holdings I Corp.<sup>(b),(r)</sup>  | SWF Holdings I Corp.<sup>(b),(r)</sup>  | SWF Holdings I Corp.<sup>(b),(r)</sup>  |
| Tranche A1 Term Loan | Tranche A1 Term Loan | Tranche A1 Term Loan | Tranche A1 Term Loan |
| 1-month Term SOFR + 4.500% <br>12/19/2029<br>| &nbsp;&nbsp; 8.816% | 74177 | &nbsp;&nbsp; 73946 |
| Tranche A2 Term Loan | Tranche A2 Term Loan | Tranche A2 Term Loan | Tranche A2 Term Loan |
| 1-month Term SOFR + 4.000% <br>Floor 0.750% <br>10/06/2028<br>| &nbsp;&nbsp; 8.430% | 744323 | &nbsp;&nbsp; 605380 |
| Weber-Stephen Products LLC<sup>(b),(r)</sup>  | Weber-Stephen Products LLC<sup>(b),(r)</sup>  | Weber-Stephen Products LLC<sup>(b),(r)</sup>  | Weber-Stephen Products LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 3.250% <br>Floor 0.750% <br>10/30/2027<br>| &nbsp;&nbsp; 7.680% | 2851226 | &nbsp;&nbsp; 2841561 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **12542530** |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Diversified Manufacturing 0.5%** | **Diversified Manufacturing 0.5%** | **Diversified Manufacturing 0.5%** | **Diversified Manufacturing 0.5%** |
| DXP Enterprises, Inc.<sup>(b),(r)</sup>  | DXP Enterprises, Inc.<sup>(b),(r)</sup>  | DXP Enterprises, Inc.<sup>(b),(r)</sup>  | DXP Enterprises, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.750% <br>Floor 1.000% <br>10/11/2030<br>| &nbsp;&nbsp; 8.066% | 1345554 | &nbsp;&nbsp; 1350182 |
| Dynamo Midco BV<sup>(b),(r)</sup>  | Dynamo Midco BV<sup>(b),(r)</sup>  | Dynamo Midco BV<sup>(b),(r)</sup>  | Dynamo Midco BV<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 3.500% <br>09/30/2031<br>| &nbsp;&nbsp; 7.854% | 562930 | &nbsp;&nbsp; 565745 |
| EMRLD Borrower LP<sup>(b),(r)</sup>  | EMRLD Borrower LP<sup>(b),(r)</sup>  | EMRLD Borrower LP<sup>(b),(r)</sup>  | EMRLD Borrower LP<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.250% <br>08/04/2031<br>| &nbsp;&nbsp; 6.566% | 136913 | &nbsp;&nbsp; 136594 |
| Term Loan  | Term Loan  | Term Loan  | Term Loan  |
| 3-month Term SOFR + 2.250% <br>05/31/2030<br>| &nbsp;&nbsp; 6.449% | 2676955 | &nbsp;&nbsp; 2672217 |
| Filtration Group Corp.<sup>(b),(r)</sup>  | Filtration Group Corp.<sup>(b),(r)</sup>  | Filtration Group Corp.<sup>(b),(r)</sup>  | Filtration Group Corp.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.750% <br>10/21/2028<br>| &nbsp;&nbsp; 7.066% | 2604762 | &nbsp;&nbsp; 2615076 |
| Gates Corp.<sup>(b),(r)</sup>  | Gates Corp.<sup>(b),(r)</sup>  | Gates Corp.<sup>(b),(r)</sup>  | Gates Corp.<sup>(b),(r)</sup>  |
| Tranche B5 Term Loan | Tranche B5 Term Loan | Tranche B5 Term Loan | Tranche B5 Term Loan |
| 1-month Term SOFR + 1.750% <br>06/04/2031<br>| &nbsp;&nbsp; 6.066% | 1465750 | &nbsp;&nbsp; 1463097 |
| Hobbs & Associates LLC<sup>(b),(r)</sup>  | Hobbs & Associates LLC<sup>(b),(r)</sup>  | Hobbs & Associates LLC<sup>(b),(r)</sup>  | Hobbs & Associates LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.750% <br>07/23/2031<br>| &nbsp;&nbsp; 7.066% | 1499659 | &nbsp;&nbsp; 1497979 |
| Husky Injection Molding Systems Ltd./Yukon Acquisition, Inc.<sup>(b),(r)</sup>  | Husky Injection Molding Systems Ltd./Yukon Acquisition, Inc.<sup>(b),(r)</sup>  | Husky Injection Molding Systems Ltd./Yukon Acquisition, Inc.<sup>(b),(r)</sup>  | Husky Injection Molding Systems Ltd./Yukon Acquisition, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 4.500% <br>02/15/2029<br>| &nbsp;&nbsp; 8.731% | 1696987 | &nbsp;&nbsp; 1701501 |
| Madison IAQ LLC<sup>(b),(r)</sup>  | Madison IAQ LLC<sup>(b),(r)</sup>  | Madison IAQ LLC<sup>(b),(r)</sup>  | Madison IAQ LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 6-month Term SOFR + 2.500% <br>06/21/2028<br>| &nbsp;&nbsp; 6.702% | 2608822 | &nbsp;&nbsp; 2611640 |
| 6-month Term SOFR + 3.250% <br>05/06/2032<br>| &nbsp;&nbsp; 7.452% | 761262 | &nbsp;&nbsp; 764490 |
| Tiger Acquisition LLC<sup>(b),(r),(s)</sup>  | Tiger Acquisition LLC<sup>(b),(r),(s)</sup>  | Tiger Acquisition LLC<sup>(b),(r),(s)</sup>  | Tiger Acquisition LLC<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 2.500% <br>08/23/2032<br>| &nbsp;&nbsp; 6.839% | 2212012 | &nbsp;&nbsp; 2211459 |
| TK Elevator Midco GmbH<sup>(b),(r)</sup>  | TK Elevator Midco GmbH<sup>(b),(r)</sup>  | TK Elevator Midco GmbH<sup>(b),(r)</sup>  | TK Elevator Midco GmbH<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 6-month Term SOFR + 3.000% <br>04/30/2030<br>| &nbsp;&nbsp; 7.197% | 3586763 | &nbsp;&nbsp; 3598384 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Vertiv Group Corp.<sup>(b),(r)</sup>  | Vertiv Group Corp.<sup>(b),(r)</sup>  | Vertiv Group Corp.<sup>(b),(r)</sup>  | Vertiv Group Corp.<sup>(b),(r)</sup>  |
| Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan |
| 1-month Term SOFR + 1.750% <br>03/02/2027<br>| &nbsp;&nbsp; 6.101% | 1410521 | &nbsp;&nbsp; 1409548 |
| WEC US Holdings Ltd.<sup>(b),(r)</sup>  | WEC US Holdings Ltd.<sup>(b),(r)</sup>  | WEC US Holdings Ltd.<sup>(b),(r)</sup>  | WEC US Holdings Ltd.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.250% <br>01/27/2031<br>| &nbsp;&nbsp; 6.604% | 3926323 | &nbsp;&nbsp; 3925656 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **26523568** |
| **Electric 0.4%** | **Electric 0.4%** | **Electric 0.4%** | **Electric 0.4%** |
| Astoria Project Partners LLC/Energy LLC<sup>(b),(r),(s)</sup>  | Astoria Project Partners LLC/Energy LLC<sup>(b),(r),(s)</sup>  | Astoria Project Partners LLC/Energy LLC<sup>(b),(r),(s)</sup>  | Astoria Project Partners LLC/Energy LLC<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.750% <br>06/23/2032<br>| &nbsp;&nbsp; 7.066% | 2199005 | &nbsp;&nbsp; 2205294 |
| Calpine Construction Finance Co. LP<sup>(b),(r)</sup>  | Calpine Construction Finance Co. LP<sup>(b),(r)</sup>  | Calpine Construction Finance Co. LP<sup>(b),(r)</sup>  | Calpine Construction Finance Co. LP<sup>(b),(r)</sup>  |
| Term Loan  | Term Loan  | Term Loan  | Term Loan  |
| 1-month Term SOFR + 2.000% <br>07/31/2030<br>| &nbsp;&nbsp; 6.316% | 727012 | &nbsp;&nbsp; 726794 |
| Calpine Corp.<sup>(b),(r)</sup>  | Calpine Corp.<sup>(b),(r)</sup>  | Calpine Corp.<sup>(b),(r)</sup>  | Calpine Corp.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 1.750% <br>01/31/2031<br>| &nbsp;&nbsp; 6.066% | 1343250 | &nbsp;&nbsp; 1341705 |
| 1-month Term SOFR + 1.750% <br>02/15/2032<br>| &nbsp;&nbsp; 6.066% | 717949 | &nbsp;&nbsp; 717101 |
| Carroll County Energy LLC<sup>(b),(r)</sup>  | Carroll County Energy LLC<sup>(b),(r)</sup>  | Carroll County Energy LLC<sup>(b),(r)</sup>  | Carroll County Energy LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.250% <br>06/30/2031<br>| &nbsp;&nbsp; 7.546% | 1878890 | &nbsp;&nbsp; 1881709 |
| Compass Power Generation LLC<sup>(b),(r)</sup>  | Compass Power Generation LLC<sup>(b),(r)</sup>  | Compass Power Generation LLC<sup>(b),(r)</sup>  | Compass Power Generation LLC<sup>(b),(r)</sup>  |
| Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan |
| 1-month Term SOFR + 3.250% <br>04/14/2029<br>| &nbsp;&nbsp; 7.566% | 715156 | &nbsp;&nbsp; 719404 |
| Constellation Renewables LLC<sup>(b),(r)</sup>  | Constellation Renewables LLC<sup>(b),(r)</sup>  | Constellation Renewables LLC<sup>(b),(r)</sup>  | Constellation Renewables LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.250% <br>Floor 1.000% <br>12/15/2027<br>| &nbsp;&nbsp; 6.449% | 2386778 | &nbsp;&nbsp; 2384797 |
| Cornerstone Generation LLC<sup>(b),(r)</sup>  | Cornerstone Generation LLC<sup>(b),(r)</sup>  | Cornerstone Generation LLC<sup>(b),(r)</sup>  | Cornerstone Generation LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.250% <br>08/11/2032<br>| &nbsp;&nbsp; 7.476% | 1462083 | &nbsp;&nbsp; 1470855 |
| EFS Cogen Holdings I LLC<sup>(b),(r),(s)</sup>  | EFS Cogen Holdings I LLC<sup>(b),(r),(s)</sup>  | EFS Cogen Holdings I LLC<sup>(b),(r),(s)</sup>  | EFS Cogen Holdings I LLC<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.000% <br>10/03/2031<br>| &nbsp;&nbsp; 7.308% | 3042390 | &nbsp;&nbsp; 3056842 |
| Hamilton Projects Acquiror LLC<sup>(b),(r)</sup>  | Hamilton Projects Acquiror LLC<sup>(b),(r)</sup>  | Hamilton Projects Acquiror LLC<sup>(b),(r)</sup>  | Hamilton Projects Acquiror LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.500% <br>05/30/2031<br>| &nbsp;&nbsp; 6.816% | 1769348 | &nbsp;&nbsp; 1773772 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Invenergy Thermal Operating I LLC<sup>(b),(r),(s)</sup>  | Invenergy Thermal Operating I LLC<sup>(b),(r),(s)</sup>  | Invenergy Thermal Operating I LLC<sup>(b),(r),(s)</sup>  | Invenergy Thermal Operating I LLC<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 3.500% <br>05/17/2032<br>| &nbsp;&nbsp; 7.852% | 756942 | &nbsp;&nbsp; 763754 |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| 3-month Term SOFR + 0.000% <br>05/17/2032<br>| &nbsp;&nbsp; 4.255% | 50463 | &nbsp;&nbsp; 50917 |
| Lackawanna Energy Center LLC<sup>(b),(r)</sup>  | Lackawanna Energy Center LLC<sup>(b),(r)</sup>  | Lackawanna Energy Center LLC<sup>(b),(r)</sup>  | Lackawanna Energy Center LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.000% <br>08/05/2032<br>| &nbsp;&nbsp; 7.351% | 1462098 | &nbsp;&nbsp; 1470023 |
| New Frontera Holdings LLC<sup>(b),(d),(r)</sup>  | New Frontera Holdings LLC<sup>(b),(d),(r)</sup>  | New Frontera Holdings LLC<sup>(b),(d),(r)</sup>  | New Frontera Holdings LLC<sup>(b),(d),(r)</sup>  |
| 2nd Lien Term Loan | 2nd Lien Term Loan | 2nd Lien Term Loan | 2nd Lien Term Loan |
| 3-month Term SOFR + 1.500% <br>Floor 1.000% <br>07/28/2028<br>| &nbsp;&nbsp; 6.057% | 75277 | &nbsp;&nbsp; 69255 |
| South Field Energy LLC<sup>(b),(r)</sup>  | South Field Energy LLC<sup>(b),(r)</sup>  | South Field Energy LLC<sup>(b),(r)</sup>  | South Field Energy LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.250% <br>08/29/2031<br>| &nbsp;&nbsp; 7.546% | 1402182 | &nbsp;&nbsp; 1405687 |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| 3-month Term SOFR + 3.250% <br>08/29/2031<br>| &nbsp;&nbsp; 7.546% | 90170 | &nbsp;&nbsp; 90395 |
| Talen Energy Supply LLC<sup>(b),(r)</sup>  | Talen Energy Supply LLC<sup>(b),(r)</sup>  | Talen Energy Supply LLC<sup>(b),(r)</sup>  | Talen Energy Supply LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 2.500% <br>12/13/2031<br>| &nbsp;&nbsp; 6.733% | 995000 | &nbsp;&nbsp; 997487 |
| West Deptford Energy Holdings LLC<sup>(b),(r)</sup>  | West Deptford Energy Holdings LLC<sup>(b),(r)</sup>  | West Deptford Energy Holdings LLC<sup>(b),(r)</sup>  | West Deptford Energy Holdings LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 4.000% <br>08/03/2026<br>| &nbsp;&nbsp; 8.177% | 793340 | &nbsp;&nbsp; 786399 |
| 1-month Term SOFR + 4.000% <br>07/24/2032<br>| &nbsp;&nbsp; 8.316% | 804729 | &nbsp;&nbsp; 797688 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **22709878** |
| **Environmental 0.2%** | **Environmental 0.2%** | **Environmental 0.2%** | **Environmental 0.2%** |
| EnergySolutions LLC/Envirocare of Utah LLC <sup>(b),(r)</sup>  | EnergySolutions LLC/Envirocare of Utah LLC <sup>(b),(r)</sup>  | EnergySolutions LLC/Envirocare of Utah LLC <sup>(b),(r)</sup>  | EnergySolutions LLC/Envirocare of Utah LLC <sup>(b),(r)</sup>  |
| Term Loan  | Term Loan  | Term Loan  | Term Loan  |
| 1-month Term SOFR + 3.250% <br>Floor 0.500% <br>09/20/2030<br>| &nbsp;&nbsp; 7.566% | 2497830 | &nbsp;&nbsp; 2514490 |
| GFL Environmental Services, Inc.<sup>(b),(r)</sup>  | GFL Environmental Services, Inc.<sup>(b),(r)</sup>  | GFL Environmental Services, Inc.<sup>(b),(r)</sup>  | GFL Environmental Services, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.500% <br>03/03/2032<br>| &nbsp;&nbsp; 6.824% | 2250000 | &nbsp;&nbsp; 2246490 |
| Northstar Group Services, Inc.<sup>(b),(r)</sup>  | Northstar Group Services, Inc.<sup>(b),(r)</sup>  | Northstar Group Services, Inc.<sup>(b),(r)</sup>  | Northstar Group Services, Inc.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 6-month Term SOFR + 4.750% <br>Floor 0.500% <br>05/31/2030<br>| &nbsp;&nbsp; 8.881% | 848138 | &nbsp;&nbsp; 850793 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Reworld Holding Corp.<sup>(b),(r),(s)</sup>  | Reworld Holding Corp.<sup>(b),(r),(s)</sup>  | Reworld Holding Corp.<sup>(b),(r),(s)</sup>  | Reworld Holding Corp.<sup>(b),(r),(s)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 1-month Term SOFR + 2.250% <br>11/30/2028<br>| &nbsp;&nbsp; 6.610% | 3146325 | &nbsp;&nbsp; 3151044 |
| Tranche C1 Term Loan | Tranche C1 Term Loan | Tranche C1 Term Loan | Tranche C1 Term Loan |
| 1-month Term SOFR + 2.250% <br>11/30/2028<br>| &nbsp;&nbsp; 6.610% | 242937 | &nbsp;&nbsp; 243302 |
| Tidal Waste & Recycling Holdings LLC<sup>(b),(r)</sup>  | Tidal Waste & Recycling Holdings LLC<sup>(b),(r)</sup>  | Tidal Waste & Recycling Holdings LLC<sup>(b),(r)</sup>  | Tidal Waste & Recycling Holdings LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.000% <br>10/24/2031<br>| &nbsp;&nbsp; 7.296% | 1564024 | &nbsp;&nbsp; 1571453 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **10577572** |
| **Finance Companies 0.0%** | **Finance Companies 0.0%** | **Finance Companies 0.0%** | **Finance Companies 0.0%** |
| Osttra Group Ltd.<sup>(b),(r),(s)</sup>  | Osttra Group Ltd.<sup>(b),(r),(s)</sup>  | Osttra Group Ltd.<sup>(b),(r),(s)</sup>  | Osttra Group Ltd.<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.500% <br>05/20/2032<br>| &nbsp;&nbsp; 7.833% | 1216030 | &nbsp;&nbsp; 1224068 |
| Red SPV LLC<sup>(b),(r)</sup>  | Red SPV LLC<sup>(b),(r)</sup>  | Red SPV LLC<sup>(b),(r)</sup>  | Red SPV LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.250% <br>03/15/2032<br>| &nbsp;&nbsp; 6.610% | 765231 | &nbsp;&nbsp; 763317 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1987385** |
| **Food and Beverage 0.4%** | **Food and Beverage 0.4%** | **Food and Beverage 0.4%** | **Food and Beverage 0.4%** |
| A-AG US GSI Bidco, Inc.<sup>(b),(r)</sup>  | A-AG US GSI Bidco, Inc.<sup>(b),(r)</sup>  | A-AG US GSI Bidco, Inc.<sup>(b),(r)</sup>  | A-AG US GSI Bidco, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 5.000% <br>10/31/2031<br>| &nbsp;&nbsp; 9.296% | 1456616 | &nbsp;&nbsp; 1451154 |
| Aramark Intermediate HoldCo Corp.<sup>(b),(r)</sup>  | Aramark Intermediate HoldCo Corp.<sup>(b),(r)</sup>  | Aramark Intermediate HoldCo Corp.<sup>(b),(r)</sup>  | Aramark Intermediate HoldCo Corp.<sup>(b),(r)</sup>  |
| Tranche B8 Term Loan | Tranche B8 Term Loan | Tranche B8 Term Loan | Tranche B8 Term Loan |
| 3-month Term SOFR + 2.000% <br>06/22/2030<br>| &nbsp;&nbsp; 6.283% | 947499 | &nbsp;&nbsp; 948286 |
| Tranche B9 Term Loan | Tranche B9 Term Loan | Tranche B9 Term Loan | Tranche B9 Term Loan |
| 1-month Term SOFR + 1.750% <br>04/06/2028<br>| &nbsp;&nbsp; 6.066% | 1500000 | &nbsp;&nbsp; 1500315 |
| Aspire Bakeries Holdings LLC<sup>(b),(r)</sup>  | Aspire Bakeries Holdings LLC<sup>(b),(r)</sup>  | Aspire Bakeries Holdings LLC<sup>(b),(r)</sup>  | Aspire Bakeries Holdings LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.500% <br>12/23/2030<br>| &nbsp;&nbsp; 7.831% | 1456054 | &nbsp;&nbsp; 1460611 |
| CHG PPC Parent LLC<sup>(b),(r)</sup>  | CHG PPC Parent LLC<sup>(b),(r)</sup>  | CHG PPC Parent LLC<sup>(b),(r)</sup>  | CHG PPC Parent LLC<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.000% <br>Floor 0.500% <br>12/08/2028<br>| &nbsp;&nbsp; 7.430% | 869898 | &nbsp;&nbsp; 870985 |
| Dechra Pharmaceuticals Holdings Ltd.<sup>(b),(r),(s)</sup>  | Dechra Pharmaceuticals Holdings Ltd.<sup>(b),(r),(s)</sup>  | Dechra Pharmaceuticals Holdings Ltd.<sup>(b),(r),(s)</sup>  | Dechra Pharmaceuticals Holdings Ltd.<sup>(b),(r),(s)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 6-month Term SOFR + 3.250% <br>01/27/2032<br>| &nbsp;&nbsp; 7.447% | 3732140 | &nbsp;&nbsp; 3741470 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Froneri International Ltd.<sup>(b),(r),(s)</sup>  | Froneri International Ltd.<sup>(b),(r),(s)</sup>  | Froneri International Ltd.<sup>(b),(r),(s)</sup>  | Froneri International Ltd.<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 2.500% <br>07/16/2032<br>|  | 2441178 | &nbsp;&nbsp; 2436296 |
| Golden State Foods LLC<sup>(b),(r)</sup>  | Golden State Foods LLC<sup>(b),(r)</sup>  | Golden State Foods LLC<sup>(b),(r)</sup>  | Golden State Foods LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 4.000% <br>12/04/2031<br>| &nbsp;&nbsp; 8.226% | 1824556 | &nbsp;&nbsp; 1833114 |
| Primary Products Finance LLC<sup>(b),(r)</sup>  | Primary Products Finance LLC<sup>(b),(r)</sup>  | Primary Products Finance LLC<sup>(b),(r)</sup>  | Primary Products Finance LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.250% <br>04/01/2029<br>| &nbsp;&nbsp; 7.536% | 954627 | &nbsp;&nbsp; 930360 |
| Primo Brands Corp.<sup>(b),(r),(s)</sup>  | Primo Brands Corp.<sup>(b),(r),(s)</sup>  | Primo Brands Corp.<sup>(b),(r),(s)</sup>  | Primo Brands Corp.<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 2.250% <br>03/31/2028<br>| &nbsp;&nbsp; 6.546% | 3808515 | &nbsp;&nbsp; 3811676 |
| Sazerac Co., Inc.<sup>(b),(r),(s)</sup>  | Sazerac Co., Inc.<sup>(b),(r),(s)</sup>  | Sazerac Co., Inc.<sup>(b),(r),(s)</sup>  | Sazerac Co., Inc.<sup>(b),(r),(s)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 1-month Term SOFR + 2.500% <br>07/09/2032<br>| &nbsp;&nbsp; 6.860% | 3676974 | &nbsp;&nbsp; 3696683 |
| Utz Quality Foods LLC<sup>(b),(r),(s)</sup>  | Utz Quality Foods LLC<sup>(b),(r),(s)</sup>  | Utz Quality Foods LLC<sup>(b),(r),(s)</sup>  | Utz Quality Foods LLC<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 2.500% <br>01/29/2032<br>| &nbsp;&nbsp; 6.816% | 2460931 | &nbsp;&nbsp; 2461546 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **25142496** |
| **Gaming 0.6%** | **Gaming 0.6%** | **Gaming 0.6%** | **Gaming 0.6%** |
| Caesars Entertainment, Inc.<sup>(b),(r)</sup>  | Caesars Entertainment, Inc.<sup>(b),(r)</sup>  | Caesars Entertainment, Inc.<sup>(b),(r)</sup>  | Caesars Entertainment, Inc.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.250% <br>Floor 0.500% <br>02/06/2030<br>| &nbsp;&nbsp; 6.566% | 2039572 | &nbsp;&nbsp; 2031924 |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 1-month Term SOFR + 2.250% <br>Floor 0.500% <br>02/06/2031<br>| &nbsp;&nbsp; 6.566% | 836776 | &nbsp;&nbsp; 833638 |
| ECL Entertainment LLC<sup>(b),(r)</sup>  | ECL Entertainment LLC<sup>(b),(r)</sup>  | ECL Entertainment LLC<sup>(b),(r)</sup>  | ECL Entertainment LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 3.000% <br>08/30/2030<br>| &nbsp;&nbsp; 7.316% | 1267428 | &nbsp;&nbsp; 1267111 |
| Entain PLC<sup>(b),(r),(s)</sup>  | Entain PLC<sup>(b),(r),(s)</sup>  | Entain PLC<sup>(b),(r),(s)</sup>  | Entain PLC<sup>(b),(r),(s)</sup>  |
| Tranche B3 Term Loan | Tranche B3 Term Loan | Tranche B3 Term Loan | Tranche B3 Term Loan |
| 6-month Term SOFR + 2.750% <br>Floor 0.500% <br>10/31/2029<br>| &nbsp;&nbsp; 7.016% | 4404661 | &nbsp;&nbsp; 4399155 |
| Fertitta Entertainment LLC<sup>(b),(r)</sup>  | Fertitta Entertainment LLC<sup>(b),(r)</sup>  | Fertitta Entertainment LLC<sup>(b),(r)</sup>  | Fertitta Entertainment LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 3.250% <br>Floor 0.500% <br>01/27/2029<br>| &nbsp;&nbsp; 7.566% | 2826543 | &nbsp;&nbsp; 2823377 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Flutter Entertainment PLC<sup>(b),(r)</sup>  | Flutter Entertainment PLC<sup>(b),(r)</sup>  | Flutter Entertainment PLC<sup>(b),(r)</sup>  | Flutter Entertainment PLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 1.750% <br>11/30/2030<br>| &nbsp;&nbsp; 6.046% | 3755360 | &nbsp;&nbsp; 3733767 |
| 3-month Term SOFR + 2.000% <br>06/04/2032<br>| &nbsp;&nbsp; 6.296% | 1198735 | &nbsp;&nbsp; 1194240 |
| HRNI Holdings LLC<sup>(b),(r)</sup>  | HRNI Holdings LLC<sup>(b),(r)</sup>  | HRNI Holdings LLC<sup>(b),(r)</sup>  | HRNI Holdings LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 4.250% <br>Floor 0.750% <br>12/11/2028<br>| &nbsp;&nbsp; 8.696% | 3478377 | &nbsp;&nbsp; 3379835 |
| Jack Ohio Finance LLC<sup>(b),(r)</sup>  | Jack Ohio Finance LLC<sup>(b),(r)</sup>  | Jack Ohio Finance LLC<sup>(b),(r)</sup>  | Jack Ohio Finance LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 4.000% <br>02/02/2032<br>| &nbsp;&nbsp; 8.316% | 595469 | &nbsp;&nbsp; 590634 |
| Light and Wonder International, Inc.<sup>(b),(r)</sup>  | Light and Wonder International, Inc.<sup>(b),(r)</sup>  | Light and Wonder International, Inc.<sup>(b),(r)</sup>  | Light and Wonder International, Inc.<sup>(b),(r)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| 1-month Term SOFR + 2.250% <br>Floor 0.500% <br>04/16/2029<br>| &nbsp;&nbsp; 6.610% | 1305308 | &nbsp;&nbsp; 1305713 |
| Ontario Gaming GTA LP<sup>(b),(r)</sup>  | Ontario Gaming GTA LP<sup>(b),(r)</sup>  | Ontario Gaming GTA LP<sup>(b),(r)</sup>  | Ontario Gaming GTA LP<sup>(b),(r)</sup>  |
| Tranche B 1st Lien Term Loan  | Tranche B 1st Lien Term Loan  | Tranche B 1st Lien Term Loan  | Tranche B 1st Lien Term Loan  |
| 3-month Term SOFR + 4.250% <br>Floor 0.500% <br>08/01/2030<br>| &nbsp;&nbsp; 8.546% | 3509577 | &nbsp;&nbsp; 3391128 |
| PCI Gaming Authority<sup>(b),(r)</sup>  | PCI Gaming Authority<sup>(b),(r)</sup>  | PCI Gaming Authority<sup>(b),(r)</sup>  | PCI Gaming Authority<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.000% <br>07/18/2031<br>| &nbsp;&nbsp; 6.316% | 2397467 | &nbsp;&nbsp; 2390922 |
| Peninsula PAC Entertainment LLC<sup>(b),(r),(s)</sup>  | Peninsula PAC Entertainment LLC<sup>(b),(r),(s)</sup>  | Peninsula PAC Entertainment LLC<sup>(b),(r),(s)</sup>  | Peninsula PAC Entertainment LLC<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 4.750% <br>08/14/2032<br>| &nbsp;&nbsp; 9.107% | 1062549 | &nbsp;&nbsp; 1059892 |
| 3-month Term SOFR + 4.750% <br>08/16/2032<br>| &nbsp;&nbsp; 9.107% | 249035 | &nbsp;&nbsp; 248412 |
| Penn Entertainment, Inc.<sup>(b),(r)</sup>  | Penn Entertainment, Inc.<sup>(b),(r)</sup>  | Penn Entertainment, Inc.<sup>(b),(r)</sup>  | Penn Entertainment, Inc.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.500% <br>Floor 0.500% <br>05/03/2029<br>| &nbsp;&nbsp; 6.816% | 2112285 | &nbsp;&nbsp; 2113616 |
| Scientific Games Holdings LP <sup>(b),(r)</sup>  | Scientific Games Holdings LP <sup>(b),(r)</sup>  | Scientific Games Holdings LP <sup>(b),(r)</sup>  | Scientific Games Holdings LP <sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.000% <br>Floor 0.500% <br>04/04/2029<br>| &nbsp;&nbsp; 7.286% | 3630394 | &nbsp;&nbsp; 3588790 |
| Voyager Parent LLC<sup>(b),(r)</sup>  | Voyager Parent LLC<sup>(b),(r)</sup>  | Voyager Parent LLC<sup>(b),(r)</sup>  | Voyager Parent LLC<sup>(b),(r)</sup>  |
| Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan |
| 3-month Term SOFR + 4.750% <br>07/01/2032<br>| &nbsp;&nbsp; 9.041% | 2269902 | &nbsp;&nbsp; 2272308 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **36624462** |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Health Care 0.5%** | **Health Care 0.5%** | **Health Care 0.5%** | **Health Care 0.5%** |
| CHG Healthcare Services, Inc.<sup>(b),(r)</sup>  | CHG Healthcare Services, Inc.<sup>(b),(r)</sup>  | CHG Healthcare Services, Inc.<sup>(b),(r)</sup>  | CHG Healthcare Services, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 2.750% <br>09/29/2028<br>| &nbsp;&nbsp; 7.046% | 1751680 | &nbsp;&nbsp; 1753711 |
| Cotiviti, Inc.<sup>(b),(r)</sup>  | Cotiviti, Inc.<sup>(b),(r)</sup>  | Cotiviti, Inc.<sup>(b),(r)</sup>  | Cotiviti, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.750% <br>03/26/2032<br>| &nbsp;&nbsp; 7.104% | 232759 | &nbsp;&nbsp; 232370 |
| Element Materials Technology Group US Holdings, Inc./EM Midco 2 LLC<sup>(b),(r)</sup>  | Element Materials Technology Group US Holdings, Inc./EM Midco 2 LLC<sup>(b),(r)</sup>  | Element Materials Technology Group US Holdings, Inc./EM Midco 2 LLC<sup>(b),(r)</sup>  | Element Materials Technology Group US Holdings, Inc./EM Midco 2 LLC<sup>(b),(r)</sup>  |
| Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan |
| 3-month Term SOFR + 3.675% <br>Floor 0.500% <br>07/06/2029<br>| &nbsp;&nbsp; 7.971% | 2169917 | &nbsp;&nbsp; 2176254 |
| Icon PLC<sup>(b),(r)</sup>  | Icon PLC<sup>(b),(r)</sup>  | Icon PLC<sup>(b),(r)</sup>  | Icon PLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.000% <br>Floor 0.500% <br>07/03/2028<br>| &nbsp;&nbsp; 6.296% | 327968 | &nbsp;&nbsp; 328841 |
| 3-month Term SOFR + 2.000% <br>Floor 0.500% <br>07/03/2028<br>| &nbsp;&nbsp; 6.296% | 81713 | &nbsp;&nbsp; 81931 |
| Mamba Purchaser, Inc.<sup>(b),(r)</sup>  | Mamba Purchaser, Inc.<sup>(b),(r)</sup>  | Mamba Purchaser, Inc.<sup>(b),(r)</sup>  | Mamba Purchaser, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.000% <br>10/14/2031<br>| &nbsp;&nbsp; 7.340% | 1284364 | &nbsp;&nbsp; 1283824 |
| Medline Borrower LP<sup>(b),(r)</sup>  | Medline Borrower LP<sup>(b),(r)</sup>  | Medline Borrower LP<sup>(b),(r)</sup>  | Medline Borrower LP<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.000% <br>10/23/2030<br>| &nbsp;&nbsp; 6.316% | 4596720 | &nbsp;&nbsp; 4596720 |
| Parexel International, Inc.<sup>(b),(r)</sup>  | Parexel International, Inc.<sup>(b),(r)</sup>  | Parexel International, Inc.<sup>(b),(r)</sup>  | Parexel International, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.500% <br>11/15/2028<br>| &nbsp;&nbsp; 6.816% | 3122593 | &nbsp;&nbsp; 3124217 |
| Pluto Acquisition I, Inc.<sup>(b),(r)</sup>  | Pluto Acquisition I, Inc.<sup>(b),(r)</sup>  | Pluto Acquisition I, Inc.<sup>(b),(r)</sup>  | Pluto Acquisition I, Inc.<sup>(b),(r)</sup>  |
| Tranche A Term Loan | Tranche A Term Loan | Tranche A Term Loan | Tranche A Term Loan |
| 3-month Term SOFR + 5.500% <br>06/20/2028<br>| &nbsp;&nbsp; 9.821% | 512904 | &nbsp;&nbsp; 509698 |
| Pluto Acquisition I, Inc.<sup>(b),(d),(r)</sup>  | Pluto Acquisition I, Inc.<sup>(b),(d),(r)</sup>  | Pluto Acquisition I, Inc.<sup>(b),(d),(r)</sup>  | Pluto Acquisition I, Inc.<sup>(b),(d),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 4.000% <br>09/20/2028<br>| &nbsp;&nbsp; 8.242% | 1883175 | &nbsp;&nbsp; 1525372 |
| Resonetics LLC<sup>(b),(r),(s)</sup>  | Resonetics LLC<sup>(b),(r),(s)</sup>  | Resonetics LLC<sup>(b),(r),(s)</sup>  | Resonetics LLC<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 2.750% <br>06/18/2031<br>| &nbsp;&nbsp; 7.064% | 2795066 | &nbsp;&nbsp; 2790399 |
| Star Parent, Inc.<sup>(b),(r)</sup>  | Star Parent, Inc.<sup>(b),(r)</sup>  | Star Parent, Inc.<sup>(b),(r)</sup>  | Star Parent, Inc.<sup>(b),(r)</sup>  |
| Tranche B Term Loan  | Tranche B Term Loan  | Tranche B Term Loan  | Tranche B Term Loan  |
| 3-month Term SOFR + 4.000% <br>09/27/2030<br>| &nbsp;&nbsp; 8.296% | 1871255 | &nbsp;&nbsp; 1859560 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Surgery Center Holdings, Inc.<sup>(b),(r)</sup>  | Surgery Center Holdings, Inc.<sup>(b),(r)</sup>  | Surgery Center Holdings, Inc.<sup>(b),(r)</sup>  | Surgery Center Holdings, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.500% <br>12/19/2030<br>| &nbsp;&nbsp; 6.816% | 3284538 | &nbsp;&nbsp; 3285654 |
| Upstream Newco, Inc.<sup>(b),(r)</sup>  | Upstream Newco, Inc.<sup>(b),(r)</sup>  | Upstream Newco, Inc.<sup>(b),(r)</sup>  | Upstream Newco, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 4.250% <br>11/20/2026<br>| &nbsp;&nbsp; 8.820% | 2448999 | &nbsp;&nbsp; 2000832 |
| WS Audiology A/S<sup>(b),(r)</sup>  | WS Audiology A/S<sup>(b),(r)</sup>  | WS Audiology A/S<sup>(b),(r)</sup>  | WS Audiology A/S<sup>(b),(r)</sup>  |
| Tranche B8 Term Loan | Tranche B8 Term Loan | Tranche B8 Term Loan | Tranche B8 Term Loan |
| 3-month Term SOFR + 3.500% <br>02/28/2029<br>| &nbsp;&nbsp; 7.810% | 2374474 | &nbsp;&nbsp; 2371505 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **27920888** |
| **Healthcare Insurance 0.0%** | **Healthcare Insurance 0.0%** | **Healthcare Insurance 0.0%** | **Healthcare Insurance 0.0%** |
| Alera Group, Inc.<sup>(b),(r)</sup>  | Alera Group, Inc.<sup>(b),(r)</sup>  | Alera Group, Inc.<sup>(b),(r)</sup>  | Alera Group, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.250% <br>05/30/2032<br>| &nbsp;&nbsp; 7.566% | 682097 | &nbsp;&nbsp; 684498 |
| **Home Construction 0.1%** | **Home Construction 0.1%** | **Home Construction 0.1%** | **Home Construction 0.1%** |
| Construction Partners, Inc.<sup>(b),(r),(s)</sup>  | Construction Partners, Inc.<sup>(b),(r),(s)</sup>  | Construction Partners, Inc.<sup>(b),(r),(s)</sup>  | Construction Partners, Inc.<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 2.500% <br>11/03/2031<br>| &nbsp;&nbsp; 6.816% | 2100000 | &nbsp;&nbsp; 2104368 |
| Tecta America Corp.<sup>(b),(r)</sup>  | Tecta America Corp.<sup>(b),(r)</sup>  | Tecta America Corp.<sup>(b),(r)</sup>  | Tecta America Corp.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.000% <br>02/18/2032<br>| &nbsp;&nbsp; 7.316% | 1159315 | &nbsp;&nbsp; 1162214 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3266582** |
| **Independent Energy 0.0%** | **Independent Energy 0.0%** | **Independent Energy 0.0%** | **Independent Energy 0.0%** |
| Hilcorp Energy I LP<sup>(b),(r)</sup>  | Hilcorp Energy I LP<sup>(b),(r)</sup>  | Hilcorp Energy I LP<sup>(b),(r)</sup>  | Hilcorp Energy I LP<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.000% <br>02/11/2030<br>| &nbsp;&nbsp; 6.366% | 708763 | &nbsp;&nbsp; 708763 |
| **Leisure 0.2%** | **Leisure 0.2%** | **Leisure 0.2%** | **Leisure 0.2%** |
| Alterra Mountain Co.<sup>(b),(r)</sup>  | Alterra Mountain Co.<sup>(b),(r)</sup>  | Alterra Mountain Co.<sup>(b),(r)</sup>  | Alterra Mountain Co.<sup>(b),(r)</sup>  |
| Tranche B8 Term Loan | Tranche B8 Term Loan | Tranche B8 Term Loan | Tranche B8 Term Loan |
| 1-month Term SOFR + 2.500% <br>05/31/2030<br>| &nbsp;&nbsp; 6.816% | 930269 | &nbsp;&nbsp; 930855 |
| Tranche B9 Term Loan | Tranche B9 Term Loan | Tranche B9 Term Loan | Tranche B9 Term Loan |
| 1-month Term SOFR + 2.500% <br>08/17/2028<br>| &nbsp;&nbsp; 6.816% | 2088129 | &nbsp;&nbsp; 2085519 |
| Bulldog Purchaser, Inc.<sup>(b),(r)</sup>  | Bulldog Purchaser, Inc.<sup>(b),(r)</sup>  | Bulldog Purchaser, Inc.<sup>(b),(r)</sup>  | Bulldog Purchaser, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 3.750% <br>06/27/2031<br>| &nbsp;&nbsp; 8.036% | 1170928 | &nbsp;&nbsp; 1176536 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Cinemark USA, Inc.<sup>(b),(r),(s)</sup>  | Cinemark USA, Inc.<sup>(b),(r),(s)</sup>  | Cinemark USA, Inc.<sup>(b),(r),(s)</sup>  | Cinemark USA, Inc.<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.250% <br>05/24/2030<br>| &nbsp;&nbsp; 6.560% | 3798175 | &nbsp;&nbsp; 3800074 |
| Crown Finance US, Inc.<sup>(b),(r)</sup>  | Crown Finance US, Inc.<sup>(b),(r)</sup>  | Crown Finance US, Inc.<sup>(b),(r)</sup>  | Crown Finance US, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 4.500% <br>12/02/2031<br>| &nbsp;&nbsp; 8.854% | 1151322 | &nbsp;&nbsp; 1149883 |
| EOC Borrower LLC<sup>(b),(r)</sup>  | EOC Borrower LLC<sup>(b),(r)</sup>  | EOC Borrower LLC<sup>(b),(r)</sup>  | EOC Borrower LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 3.000% <br>03/24/2032<br>| &nbsp;&nbsp; 7.316% | 446529 | &nbsp;&nbsp; 447275 |
| Motion Acquisition Ltd.<sup>(b),(r)</sup>  | Motion Acquisition Ltd.<sup>(b),(r)</sup>  | Motion Acquisition Ltd.<sup>(b),(r)</sup>  | Motion Acquisition Ltd.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.500% <br>11/12/2029<br>| &nbsp;&nbsp; 7.796% | 1393009 | &nbsp;&nbsp; 1204451 |
| UFC Holdings LLC<sup>(b),(r)</sup>  | UFC Holdings LLC<sup>(b),(r)</sup>  | UFC Holdings LLC<sup>(b),(r)</sup>  | UFC Holdings LLC<sup>(b),(r)</sup>  |
| Tranche B4 1st Lien Term Loan | Tranche B4 1st Lien Term Loan | Tranche B4 1st Lien Term Loan | Tranche B4 1st Lien Term Loan |
| 3-month Term SOFR + 2.250% <br>11/21/2031<br>| &nbsp;&nbsp; 6.465% | 748120 | &nbsp;&nbsp; 749879 |
| Wasserman Media Group LLC<sup>(b),(r)</sup>  | Wasserman Media Group LLC<sup>(b),(r)</sup>  | Wasserman Media Group LLC<sup>(b),(r)</sup>  | Wasserman Media Group LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.000% <br>06/23/2032<br>| &nbsp;&nbsp; 7.323% | 1500000 | &nbsp;&nbsp; 1501875 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **13046347** |
| **Life Insurance 0.0%** | **Life Insurance 0.0%** | **Life Insurance 0.0%** | **Life Insurance 0.0%** |
| Onedigital Borrower LLC<sup>(b),(r),(s)</sup>  | Onedigital Borrower LLC<sup>(b),(r),(s)</sup>  | Onedigital Borrower LLC<sup>(b),(r),(s)</sup>  | Onedigital Borrower LLC<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.000% <br>07/02/2031<br>| &nbsp;&nbsp; 7.353% | 1948144 | &nbsp;&nbsp; 1946546 |
| **Lodging 0.1%** | **Lodging 0.1%** | **Lodging 0.1%** | **Lodging 0.1%** |
| Hilton Grand Vacations Borrower LLC<sup>(b),(r)</sup>  | Hilton Grand Vacations Borrower LLC<sup>(b),(r)</sup>  | Hilton Grand Vacations Borrower LLC<sup>(b),(r)</sup>  | Hilton Grand Vacations Borrower LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.000% <br>Floor 0.500% <br>08/02/2028<br>| &nbsp;&nbsp; 6.316% | 1991285 | &nbsp;&nbsp; 1988517 |
| SGH2 LLC<sup>(b),(r)</sup>  | SGH2 LLC<sup>(b),(r)</sup>  | SGH2 LLC<sup>(b),(r)</sup>  | SGH2 LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 6-month Term SOFR + 4.500% <br>08/18/2032<br>| &nbsp;&nbsp; 8.508% | 804730 | &nbsp;&nbsp; 804754 |
| Travel + Leisure Co.<sup>(b),(r)</sup>  | Travel + Leisure Co.<sup>(b),(r)</sup>  | Travel + Leisure Co.<sup>(b),(r)</sup>  | Travel + Leisure Co.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.500% <br>Floor 0.500% <br>12/14/2029<br>| &nbsp;&nbsp; 6.816% | 1803763 | &nbsp;&nbsp; 1806866 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Turquoise Topco Ltd.<sup>(b),(r),(s)</sup>  | Turquoise Topco Ltd.<sup>(b),(r),(s)</sup>  | Turquoise Topco Ltd.<sup>(b),(r),(s)</sup>  | Turquoise Topco Ltd.<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.250% <br>08/13/2032<br>| &nbsp;&nbsp; 7.601% | 1344809 | &nbsp;&nbsp; 1344809 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **5944946** |
| **Media and Entertainment 0.4%** | **Media and Entertainment 0.4%** | **Media and Entertainment 0.4%** | **Media and Entertainment 0.4%** |
| Cengage Learning, Inc.<sup>(b),(r)</sup>  | Cengage Learning, Inc.<sup>(b),(r)</sup>  | Cengage Learning, Inc.<sup>(b),(r)</sup>  | Cengage Learning, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.500% <br>03/24/2031<br>| &nbsp;&nbsp; 7.760% | 3595826 | &nbsp;&nbsp; 3599709 |
| CMG Media Corp.<sup>(b),(r)</sup>  | CMG Media Corp.<sup>(b),(r)</sup>  | CMG Media Corp.<sup>(b),(r)</sup>  | CMG Media Corp.<sup>(b),(r)</sup>  |
| Tranche B2 1st Lien Term Loan | Tranche B2 1st Lien Term Loan | Tranche B2 1st Lien Term Loan | Tranche B2 1st Lien Term Loan |
| 3-month Term SOFR + 3.500% <br>06/18/2029<br>| &nbsp;&nbsp; 7.896% | 926818 | &nbsp;&nbsp; 889282 |
| Creative Artists Agency LLC<sup>(b),(r)</sup>  | Creative Artists Agency LLC<sup>(b),(r)</sup>  | Creative Artists Agency LLC<sup>(b),(r)</sup>  | Creative Artists Agency LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.500% <br>10/01/2031<br>| &nbsp;&nbsp; 6.816% | 3226839 | &nbsp;&nbsp; 3231454 |
| Cumulus Media New Holdings, Inc.<sup>(b),(r)</sup>  | Cumulus Media New Holdings, Inc.<sup>(b),(r)</sup>  | Cumulus Media New Holdings, Inc.<sup>(b),(r)</sup>  | Cumulus Media New Holdings, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 5.000% <br>05/02/2029<br>| &nbsp;&nbsp; 9.321% | 1347546 | &nbsp;&nbsp; 341212 |
| Emerald X, Inc.<sup>(b),(r)</sup>  | Emerald X, Inc.<sup>(b),(r)</sup>  | Emerald X, Inc.<sup>(b),(r)</sup>  | Emerald X, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.250% <br>01/30/2032<br>| &nbsp;&nbsp; 8.068% | 1541510 | &nbsp;&nbsp; 1547291 |
| iHeartCommunications, Inc.<sup>(b),(r)</sup>  | iHeartCommunications, Inc.<sup>(b),(r)</sup>  | iHeartCommunications, Inc.<sup>(b),(r)</sup>  | iHeartCommunications, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 5.775% <br>05/01/2029<br>| &nbsp;&nbsp; 10.205% | 1048161 | &nbsp;&nbsp; 879868 |
| Plano Holdco, Inc.<sup>(b),(r)</sup>  | Plano Holdco, Inc.<sup>(b),(r)</sup>  | Plano Holdco, Inc.<sup>(b),(r)</sup>  | Plano Holdco, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.500% <br>10/02/2031<br>| &nbsp;&nbsp; 7.796% | 1067259 | &nbsp;&nbsp; 1037910 |
| Playtika Holding Corp.<sup>(b),(r)</sup>  | Playtika Holding Corp.<sup>(b),(r)</sup>  | Playtika Holding Corp.<sup>(b),(r)</sup>  | Playtika Holding Corp.<sup>(b),(r)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 1-month Term SOFR + 2.750% <br>03/13/2028<br>| &nbsp;&nbsp; 7.180% | 3773375 | &nbsp;&nbsp; 3714964 |
| Sinclair Television Group, Inc.<sup>(b),(r)</sup>  | Sinclair Television Group, Inc.<sup>(b),(r)</sup>  | Sinclair Television Group, Inc.<sup>(b),(r)</sup>  | Sinclair Television Group, Inc.<sup>(b),(r)</sup>  |
| Tranche B6 Term Loan | Tranche B6 Term Loan | Tranche B6 Term Loan | Tranche B6 Term Loan |
| 3-month Term SOFR + 3.300% <br>12/31/2029<br>| &nbsp;&nbsp; 7.870% | 1206087 | &nbsp;&nbsp; 1083669 |
| StubHub Holdco Sub LLC<sup>(b),(r)</sup>  | StubHub Holdco Sub LLC<sup>(b),(r)</sup>  | StubHub Holdco Sub LLC<sup>(b),(r)</sup>  | StubHub Holdco Sub LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 4.750% <br>03/15/2030<br>| &nbsp;&nbsp; 9.066% | 2091618 | &nbsp;&nbsp; 2018411 |
| United Talent Agency LLC<sup>(b),(r)</sup>  | United Talent Agency LLC<sup>(b),(r)</sup>  | United Talent Agency LLC<sup>(b),(r)</sup>  | United Talent Agency LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 3.500% <br>06/10/2032<br>| &nbsp;&nbsp; 7.866% | 1247481 | &nbsp;&nbsp; 1253718 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Univision Communications, Inc.<sup>(b),(r)</sup>  | Univision Communications, Inc.<sup>(b),(r)</sup>  | Univision Communications, Inc.<sup>(b),(r)</sup>  | Univision Communications, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.250% <br>Floor 0.750% <br>01/31/2029<br>| &nbsp;&nbsp; 7.680% | 1408747 | &nbsp;&nbsp; 1399942 |
| 3-month Term SOFR + 4.250% <br>Floor 0.500% <br>06/24/2029<br>| &nbsp;&nbsp; 8.546% | 690164 | &nbsp;&nbsp; 689474 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **21686904** |
| **Midstream 0.3%** | **Midstream 0.3%** | **Midstream 0.3%** | **Midstream 0.3%** |
| AL GCX Holdings LLC<sup>(b),(r)</sup>  | AL GCX Holdings LLC<sup>(b),(r)</sup>  | AL GCX Holdings LLC<sup>(b),(r)</sup>  | AL GCX Holdings LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.000% <br>Floor 0.500% <br>05/17/2029<br>| &nbsp;&nbsp; 6.349% | 1075576 | &nbsp;&nbsp; 1073845 |
| CQP Holdco LP<sup>(b),(r)</sup>  | CQP Holdco LP<sup>(b),(r)</sup>  | CQP Holdco LP<sup>(b),(r)</sup>  | CQP Holdco LP<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.000% <br>12/31/2030<br>| &nbsp;&nbsp; 6.296% | 3282782 | &nbsp;&nbsp; 3278679 |
| Epic Crude Services LP<sup>(b),(r)</sup>  | Epic Crude Services LP<sup>(b),(r)</sup>  | Epic Crude Services LP<sup>(b),(r)</sup>  | Epic Crude Services LP<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.500% <br>10/15/2031<br>| &nbsp;&nbsp; 6.828% | 2017386 | &nbsp;&nbsp; 2023054 |
| GIP Pilot Acquisition Partners LP<sup>(b),(r)</sup>  | GIP Pilot Acquisition Partners LP<sup>(b),(r)</sup>  | GIP Pilot Acquisition Partners LP<sup>(b),(r)</sup>  | GIP Pilot Acquisition Partners LP<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.000% <br>10/04/2030<br>| &nbsp;&nbsp; 6.286% | 2456305 | &nbsp;&nbsp; 2450164 |
| ITT Holdings LLC<sup>(b),(r),(s)</sup>  | ITT Holdings LLC<sup>(b),(r),(s)</sup>  | ITT Holdings LLC<sup>(b),(r),(s)</sup>  | ITT Holdings LLC<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.475% <br>10/11/2030<br>| &nbsp;&nbsp; 6.798% | 3410028 | &nbsp;&nbsp; 3405765 |
| Oryx Midstream Services Permian Basin LLC<sup>(b),(r)</sup>  | Oryx Midstream Services Permian Basin LLC<sup>(b),(r)</sup>  | Oryx Midstream Services Permian Basin LLC<sup>(b),(r)</sup>  | Oryx Midstream Services Permian Basin LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.250% <br>10/05/2028<br>| &nbsp;&nbsp; 6.573% | 1980465 | &nbsp;&nbsp; 1978980 |
| Traverse Midstream Partners LLC<sup>(b),(r)</sup>  | Traverse Midstream Partners LLC<sup>(b),(r)</sup>  | Traverse Midstream Partners LLC<sup>(b),(r)</sup>  | Traverse Midstream Partners LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.500% <br>02/16/2028<br>| &nbsp;&nbsp; 6.808% | 1997889 | &nbsp;&nbsp; 1996231 |
| WhiteWater DBR Holdco LLC<sup>(b),(r)</sup>  | WhiteWater DBR Holdco LLC<sup>(b),(r)</sup>  | WhiteWater DBR Holdco LLC<sup>(b),(r)</sup>  | WhiteWater DBR Holdco LLC<sup>(b),(r)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 3-month Term SOFR + 2.250% <br>03/03/2031<br>| &nbsp;&nbsp; 6.563% | 1441791 | &nbsp;&nbsp; 1445699 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **17652417** |
| **Natural Gas 0.0%** | **Natural Gas 0.0%** | **Natural Gas 0.0%** | **Natural Gas 0.0%** |
| AL GCX Fund VIII Holdings LLC<sup>(b),(r)</sup>  | AL GCX Fund VIII Holdings LLC<sup>(b),(r)</sup>  | AL GCX Fund VIII Holdings LLC<sup>(b),(r)</sup>  | AL GCX Fund VIII Holdings LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.000% <br>01/30/2032<br>| &nbsp;&nbsp; 6.349% | 149265 | &nbsp;&nbsp; 148846 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Oil Field Services 0.0%** | **Oil Field Services 0.0%** | **Oil Field Services 0.0%** | **Oil Field Services 0.0%** |
| Lealand Finance Co. BV<sup>(b),(r)</sup>  | Lealand Finance Co. BV<sup>(b),(r)</sup>  | Lealand Finance Co. BV<sup>(b),(r)</sup>  | Lealand Finance Co. BV<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.000% <br>06/30/2027<br>| &nbsp;&nbsp; 7.430% | 8649 | &nbsp;&nbsp; 6170 |
| 1-month Term SOFR + 1.000% <br>12/30/2027<br>| &nbsp;&nbsp; 5.430% | 130890 | &nbsp;&nbsp; 70026 |
| MRC Global US, Inc.<sup>(b),(d),(r)</sup>  | MRC Global US, Inc.<sup>(b),(d),(r)</sup>  | MRC Global US, Inc.<sup>(b),(d),(r)</sup>  | MRC Global US, Inc.<sup>(b),(d),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.500% <br>10/29/2031<br>| &nbsp;&nbsp; 7.796% | 2774577 | &nbsp;&nbsp; 2781513 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2857709** |
| **Other Financial Institutions 0.3%** | **Other Financial Institutions 0.3%** | **Other Financial Institutions 0.3%** | **Other Financial Institutions 0.3%** |
| 19th Holdings Golf LLC<sup>(b),(r)</sup>  | 19th Holdings Golf LLC<sup>(b),(r)</sup>  | 19th Holdings Golf LLC<sup>(b),(r)</sup>  | 19th Holdings Golf LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.250% <br>Floor 0.500% <br>02/07/2029<br>| &nbsp;&nbsp; 7.693% | 1829518 | &nbsp;&nbsp; 1817316 |
| Acuren Delaware Holdco, Inc.<sup>(b),(r)</sup>  | Acuren Delaware Holdco, Inc.<sup>(b),(r)</sup>  | Acuren Delaware Holdco, Inc.<sup>(b),(r)</sup>  | Acuren Delaware Holdco, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.750% <br>07/30/2031<br>| &nbsp;&nbsp; 7.066% | 2432481 | &nbsp;&nbsp; 2432481 |
| Apex Group Treasury LLC<sup>(b),(r)</sup>  | Apex Group Treasury LLC<sup>(b),(r)</sup>  | Apex Group Treasury LLC<sup>(b),(r)</sup>  | Apex Group Treasury LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.500% <br>02/27/2032<br>| &nbsp;&nbsp; 7.755% | 2128030 | &nbsp;&nbsp; 2128562 |
| BCP VI Summit Holdings LP<sup>(b),(r)</sup>  | BCP VI Summit Holdings LP<sup>(b),(r)</sup>  | BCP VI Summit Holdings LP<sup>(b),(r)</sup>  | BCP VI Summit Holdings LP<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.000% <br>01/30/2032<br>| &nbsp;&nbsp; 7.316% | 2230950 | &nbsp;&nbsp; 2240007 |
| Chrysaor Bidco SARL<sup>(b),(r),(s),(t)</sup>  | Chrysaor Bidco SARL<sup>(b),(r),(s),(t)</sup>  | Chrysaor Bidco SARL<sup>(b),(r),(s),(t)</sup>  | Chrysaor Bidco SARL<sup>(b),(r),(s),(t)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| 3-month Term SOFR + 3.000% <br>Floor 0.500% <br>10/30/2031<br>| &nbsp;&nbsp; 3.000% | 20988 | &nbsp;&nbsp; 21086 |
| Chrysaor Bidco SARL<sup>(b),(r)</sup>  | Chrysaor Bidco SARL<sup>(b),(r)</sup>  | Chrysaor Bidco SARL<sup>(b),(r)</sup>  | Chrysaor Bidco SARL<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.000% <br>Floor 0.500% <br>10/30/2031<br>| &nbsp;&nbsp; 7.329% | 282381 | &nbsp;&nbsp; 283691 |
| Citco Funding LLC<sup>(b),(r)</sup>  | Citco Funding LLC<sup>(b),(r)</sup>  | Citco Funding LLC<sup>(b),(r)</sup>  | Citco Funding LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 6-month Term SOFR + 2.750% <br>Floor 0.500% <br>04/27/2028<br>| &nbsp;&nbsp; 6.934% | 810190 | &nbsp;&nbsp; 812887 |
| FinCo I LLC<sup>(b),(r)</sup>  | FinCo I LLC<sup>(b),(r)</sup>  | FinCo I LLC<sup>(b),(r)</sup>  | FinCo I LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 1.750% <br>06/27/2029<br>| &nbsp;&nbsp; 6.066% | 927023 | &nbsp;&nbsp; 924705 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| GBT Group Services BV<sup>(b),(r)</sup>  | GBT Group Services BV<sup>(b),(r)</sup>  | GBT Group Services BV<sup>(b),(r)</sup>  | GBT Group Services BV<sup>(b),(r)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 3-month Term SOFR + 2.500% <br>07/28/2031<br>| &nbsp;&nbsp; 6.814% | 2239373 | &nbsp;&nbsp; 2242173 |
| Hunter Douglas Holding BV<sup>(b),(r)</sup>  | Hunter Douglas Holding BV<sup>(b),(r)</sup>  | Hunter Douglas Holding BV<sup>(b),(r)</sup>  | Hunter Douglas Holding BV<sup>(b),(r)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 3-month Term SOFR + 3.250% <br>01/19/2032<br>| &nbsp;&nbsp; 7.546% | 2395145 | &nbsp;&nbsp; 2394139 |
| Opal Bidco SAS<sup>(b),(r)</sup>  | Opal Bidco SAS<sup>(b),(r)</sup>  | Opal Bidco SAS<sup>(b),(r)</sup>  | Opal Bidco SAS<sup>(b),(r)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| 6-month Term SOFR + 3.250% <br>04/28/2032<br>| &nbsp;&nbsp; 7.435% | 2696618 | &nbsp;&nbsp; 2710101 |
| Trans Union LLC<sup>(b),(r)</sup>  | Trans Union LLC<sup>(b),(r)</sup>  | Trans Union LLC<sup>(b),(r)</sup>  | Trans Union LLC<sup>(b),(r)</sup>  |
| Tranche B9 Term Loan | Tranche B9 Term Loan | Tranche B9 Term Loan | Tranche B9 Term Loan |
| 1-month Term SOFR + 1.750% <br>06/24/2031<br>| &nbsp;&nbsp; 6.066% | 914305 | &nbsp;&nbsp; 913162 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **18920310** |
| **Other Industry 0.3%** | **Other Industry 0.3%** | **Other Industry 0.3%** | **Other Industry 0.3%** |
| Artera Services LLC<sup>(b),(r)</sup>  | Artera Services LLC<sup>(b),(r)</sup>  | Artera Services LLC<sup>(b),(r)</sup>  | Artera Services LLC<sup>(b),(r)</sup>  |
| Tranche C 1st Lien Term Loan | Tranche C 1st Lien Term Loan | Tranche C 1st Lien Term Loan | Tranche C 1st Lien Term Loan |
| 3-month Term SOFR + 4.500% <br>02/15/2031<br>| &nbsp;&nbsp; 8.796% | 1038918 | &nbsp;&nbsp; 875871 |
| Brand Industrial Services, Inc.<sup>(b),(r)</sup>  | Brand Industrial Services, Inc.<sup>(b),(r)</sup>  | Brand Industrial Services, Inc.<sup>(b),(r)</sup>  | Brand Industrial Services, Inc.<sup>(b),(r)</sup>  |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| 3-month Term SOFR + 4.500% <br>Floor 0.500% <br>08/01/2030<br>| &nbsp;&nbsp; 8.796% | 141748 | &nbsp;&nbsp; 124171 |
| Catawba Nation Gaming Authority<sup>(b),(r)</sup>  | Catawba Nation Gaming Authority<sup>(b),(r)</sup>  | Catawba Nation Gaming Authority<sup>(b),(r)</sup>  | Catawba Nation Gaming Authority<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 4.750% <br>03/29/2032<br>| &nbsp;&nbsp; 9.046% | 2811756 | &nbsp;&nbsp; 2865349 |
| Chariot Buyer LLC<sup>(b),(r),(s)</sup>  | Chariot Buyer LLC<sup>(b),(r),(s)</sup>  | Chariot Buyer LLC<sup>(b),(r),(s)</sup>  | Chariot Buyer LLC<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.000% <br>09/08/2032<br>| &nbsp;&nbsp; 7.343% | 1916999 | &nbsp;&nbsp; 1916999 |
| Grant Thornton Advisors LLC<sup>(b),(r)</sup>  | Grant Thornton Advisors LLC<sup>(b),(r)</sup>  | Grant Thornton Advisors LLC<sup>(b),(r)</sup>  | Grant Thornton Advisors LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.500% <br>06/02/2031<br>| &nbsp;&nbsp; 6.816% | 2534380 | &nbsp;&nbsp; 2527258 |
| Grant Thornton Advisors LLC<sup>(b),(r),(s)</sup>  | Grant Thornton Advisors LLC<sup>(b),(r),(s)</sup>  | Grant Thornton Advisors LLC<sup>(b),(r),(s)</sup>  | Grant Thornton Advisors LLC<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.000% <br>06/02/2031<br>| &nbsp;&nbsp; 7.316% | 517350 | &nbsp;&nbsp; 518514 |
| Hillman Group, Inc. (The)<sup>(b),(r)</sup>  | Hillman Group, Inc. (The)<sup>(b),(r)</sup>  | Hillman Group, Inc. (The)<sup>(b),(r)</sup>  | Hillman Group, Inc. (The)<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.000% <br>Floor 0.500% <br>07/14/2028<br>| &nbsp;&nbsp; 6.360% | 1348286 | &nbsp;&nbsp; 1348771 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| MRP Buyer LLC<sup>(b),(r),(s),(t)</sup>  | MRP Buyer LLC<sup>(b),(r),(s),(t)</sup>  | MRP Buyer LLC<sup>(b),(r),(s),(t)</sup>  | MRP Buyer LLC<sup>(b),(r),(s),(t)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| 1-month Term SOFR + 3.250% <br>06/04/2032<br>| &nbsp;&nbsp; 3.322% | 294404 | &nbsp;&nbsp; 289496 |
| MRP Buyer LLC<sup>(b),(r)</sup>  | MRP Buyer LLC<sup>(b),(r)</sup>  | MRP Buyer LLC<sup>(b),(r)</sup>  | MRP Buyer LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.250% <br>06/04/2032<br>| &nbsp;&nbsp; 7.566% | 2313174 | &nbsp;&nbsp; 2274613 |
| WireCo WorldGroup, Inc.<sup>(b),(r)</sup>  | WireCo WorldGroup, Inc.<sup>(b),(r)</sup>  | WireCo WorldGroup, Inc.<sup>(b),(r)</sup>  | WireCo WorldGroup, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.750% <br>11/13/2028<br>| &nbsp;&nbsp; 8.082% | 2374869 | &nbsp;&nbsp; 2238314 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **14979356** |
| **Other REIT 0.0%** | **Other REIT 0.0%** | **Other REIT 0.0%** | **Other REIT 0.0%** |
| OEG Borrower LLC<sup>(b),(r)</sup>  | OEG Borrower LLC<sup>(b),(r)</sup>  | OEG Borrower LLC<sup>(b),(r)</sup>  | OEG Borrower LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.500% <br>06/30/2031<br>| &nbsp;&nbsp; 7.813% | 414732 | &nbsp;&nbsp; 416287 |
| **Packaging 0.3%** | **Packaging 0.3%** | **Packaging 0.3%** | **Packaging 0.3%** |
| Anchor Packaging LLC<sup>(b),(r),(s)</sup>  | Anchor Packaging LLC<sup>(b),(r),(s)</sup>  | Anchor Packaging LLC<sup>(b),(r),(s)</sup>  | Anchor Packaging LLC<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.250% <br>07/18/2029<br>| &nbsp;&nbsp; 7.610% | 3371665 | &nbsp;&nbsp; 3375037 |
| Charter Next Generation, Inc.<sup>(b),(r)</sup>  | Charter Next Generation, Inc.<sup>(b),(r)</sup>  | Charter Next Generation, Inc.<sup>(b),(r)</sup>  | Charter Next Generation, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 2.750% <br>11/29/2030<br>| &nbsp;&nbsp; 7.107% | 3581120 | &nbsp;&nbsp; 3595050 |
| Clydesdale Acquisition Holdings, Inc.<sup>(b),(r),(s),(t)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(b),(r),(s),(t)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(b),(r),(s),(t)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(b),(r),(s),(t)</sup>  |
| Delayed Draw Tranche B 1st Lien Term Loan | Delayed Draw Tranche B 1st Lien Term Loan | Delayed Draw Tranche B 1st Lien Term Loan | Delayed Draw Tranche B 1st Lien Term Loan |
| 3-month Term SOFR + 1.625% <br>04/01/2032<br>| &nbsp;&nbsp; 1.803% | 6331 | &nbsp;&nbsp; 6323 |
| Clydesdale Acquisition Holdings, Inc.<sup>(b),(r)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(b),(r)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(b),(r)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(b),(r)</sup>  |
| Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan |
| 1-month Term SOFR + 3.175% <br>Floor 0.500% <br>04/13/2029<br>| &nbsp;&nbsp; 7.491% | 3205621 | &nbsp;&nbsp; 3201197 |
| 1-month Term SOFR + 3.250% <br>04/01/2032<br>| &nbsp;&nbsp; 7.566% | 362134 | &nbsp;&nbsp; 361667 |
| Flint Group Packaging Inks North America Holdings LLC<sup>(b),(r)</sup>  | Flint Group Packaging Inks North America Holdings LLC<sup>(b),(r)</sup>  | Flint Group Packaging Inks North America Holdings LLC<sup>(b),(r)</sup>  | Flint Group Packaging Inks North America Holdings LLC<sup>(b),(r)</sup>  |
| Tranche B 2nd Lien Term Loan  | Tranche B 2nd Lien Term Loan  | Tranche B 2nd Lien Term Loan  | Tranche B 2nd Lien Term Loan  |
| 3-month Term SOFR + 0.100% <br>12/31/2027<br>| &nbsp;&nbsp; 4.681% | 1019517 | &nbsp;&nbsp; 46388 |
| Tranche B Term Loan  | Tranche B Term Loan  | Tranche B Term Loan  | Tranche B Term Loan  |
| 3-month Term SOFR + 4.250% <br>12/31/2026<br>| &nbsp;&nbsp; 8.831% | 1285987 | &nbsp;&nbsp; 1203607 |
| LC Ahab US Bidco LLC<sup>(b),(r)</sup>  | LC Ahab US Bidco LLC<sup>(b),(r)</sup>  | LC Ahab US Bidco LLC<sup>(b),(r)</sup>  | LC Ahab US Bidco LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.000% <br>05/01/2031<br>| &nbsp;&nbsp; 7.316% | 2489106 | &nbsp;&nbsp; 2490674 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Tosca Services LLC<sup>(b),(r)</sup>  | Tosca Services LLC<sup>(b),(r)</sup>  | Tosca Services LLC<sup>(b),(r)</sup>  | Tosca Services LLC<sup>(b),(r)</sup>  |
| Tranche A Term Loan | Tranche A Term Loan | Tranche A Term Loan | Tranche A Term Loan |
| 1-month Term SOFR + 5.500% <br>11/30/2028<br>| &nbsp;&nbsp; 9.823% | 789408 | &nbsp;&nbsp; 801249 |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 1.500% <br>11/30/2028<br>| &nbsp;&nbsp; 5.923% | 995216 | &nbsp;&nbsp; 945455 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **16026647** |
| **Paper 0.0%** | **Paper 0.0%** | **Paper 0.0%** | **Paper 0.0%** |
| Verde Purchaser LLC<sup>(b),(r)</sup>  | Verde Purchaser LLC<sup>(b),(r)</sup>  | Verde Purchaser LLC<sup>(b),(r)</sup>  | Verde Purchaser LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 4.000% <br>11/30/2030<br>| &nbsp;&nbsp; 8.296% | 2104264 | &nbsp;&nbsp; 2077666 |
| **Pharmaceuticals 0.0%** | **Pharmaceuticals 0.0%** | **Pharmaceuticals 0.0%** | **Pharmaceuticals 0.0%** |
| Amneal Pharmaceuticals LLC<sup>(b),(r)</sup>  | Amneal Pharmaceuticals LLC<sup>(b),(r)</sup>  | Amneal Pharmaceuticals LLC<sup>(b),(r)</sup>  | Amneal Pharmaceuticals LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.500% <br>08/01/2032<br>| &nbsp;&nbsp; 7.816% | 1478846 | &nbsp;&nbsp; 1486240 |
| Elanco Animal Health, Inc.<sup>(b),(r)</sup>  | Elanco Animal Health, Inc.<sup>(b),(r)</sup>  | Elanco Animal Health, Inc.<sup>(b),(r)</sup>  | Elanco Animal Health, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 1.750% <br>08/01/2027<br>| &nbsp;&nbsp; 6.204% | 672549 | &nbsp;&nbsp; 671708 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2157948** |
| **Property & Casualty 0.4%** | **Property & Casualty 0.4%** | **Property & Casualty 0.4%** | **Property & Casualty 0.4%** |
| Acrisure LLC<sup>(b),(r)</sup>  | Acrisure LLC<sup>(b),(r)</sup>  | Acrisure LLC<sup>(b),(r)</sup>  | Acrisure LLC<sup>(b),(r)</sup>  |
| Tranche B6 1st Lien Term Loan | Tranche B6 1st Lien Term Loan | Tranche B6 1st Lien Term Loan | Tranche B6 1st Lien Term Loan |
| 1-month Term SOFR + 3.000% <br>11/06/2030<br>| &nbsp;&nbsp; 7.316% | 1395461 | &nbsp;&nbsp; 1393284 |
| Alliant Holdings Intermediate LLC<sup>(b),(r),(s)</sup>  | Alliant Holdings Intermediate LLC<sup>(b),(r),(s)</sup>  | Alliant Holdings Intermediate LLC<sup>(b),(r),(s)</sup>  | Alliant Holdings Intermediate LLC<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.500% <br>09/19/2031<br>| &nbsp;&nbsp; 6.823% | 3528121 | &nbsp;&nbsp; 3519512 |
| AmWINS Group, Inc.<sup>(b),(r)</sup>  | AmWINS Group, Inc.<sup>(b),(r)</sup>  | AmWINS Group, Inc.<sup>(b),(r)</sup>  | AmWINS Group, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.250% <br>01/30/2032<br>| &nbsp;&nbsp; 6.566% | 995000 | &nbsp;&nbsp; 994214 |
| Asurion LLC<sup>(b),(r)</sup>  | Asurion LLC<sup>(b),(r)</sup>  | Asurion LLC<sup>(b),(r)</sup>  | Asurion LLC<sup>(b),(r)</sup>  |
| Tranche B13 1st Lien Term Loan | Tranche B13 1st Lien Term Loan | Tranche B13 1st Lien Term Loan | Tranche B13 1st Lien Term Loan |
| 1-month Term SOFR + 4.250% <br>09/19/2030<br>| &nbsp;&nbsp; 8.566% | 1303450 | &nbsp;&nbsp; 1287809 |
| Broadstreet Partners, Inc.<sup>(b),(r)</sup>  | Broadstreet Partners, Inc.<sup>(b),(r)</sup>  | Broadstreet Partners, Inc.<sup>(b),(r)</sup>  | Broadstreet Partners, Inc.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.750% <br>06/13/2031<br>| &nbsp;&nbsp; 7.066% | 3686822 | &nbsp;&nbsp; 3684315 |
| Hub International Ltd.<sup>(b),(r),(s)</sup>  | Hub International Ltd.<sup>(b),(r),(s)</sup>  | Hub International Ltd.<sup>(b),(r),(s)</sup>  | Hub International Ltd.<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.500% <br>06/20/2030<br>| &nbsp;&nbsp; 6.825% | 3566191 | &nbsp;&nbsp; 3572147 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Sedgwick Claims Management Services, Inc./Lightning Cayman Merger Sub <br> Ltd.<sup>(b),(r)</sup>  | Sedgwick Claims Management Services, Inc./Lightning Cayman Merger Sub <br> Ltd.<sup>(b),(r)</sup>  | Sedgwick Claims Management Services, Inc./Lightning Cayman Merger Sub <br> Ltd.<sup>(b),(r)</sup>  | Sedgwick Claims Management Services, Inc./Lightning Cayman Merger Sub <br> Ltd.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.500% <br>07/31/2031<br>| &nbsp;&nbsp; 6.816% | 3404082 | &nbsp;&nbsp; 3412592 |
| Truist Insurance Holdings LLC<sup>(b),(r),(s)</sup>  | Truist Insurance Holdings LLC<sup>(b),(r),(s)</sup>  | Truist Insurance Holdings LLC<sup>(b),(r),(s)</sup>  | Truist Insurance Holdings LLC<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 2.750% <br>05/06/2031<br>| &nbsp;&nbsp; 7.046% | 3146041 | &nbsp;&nbsp; 3146041 |
| USI, Inc.<sup>(b),(r)</sup>  | USI, Inc.<sup>(b),(r)</sup>  | USI, Inc.<sup>(b),(r)</sup>  | USI, Inc.<sup>(b),(r)</sup>  |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| 3-month Term SOFR + 2.250% <br>09/29/2030<br>| &nbsp;&nbsp; 6.546% | 1322214 | &nbsp;&nbsp; 1320349 |
| USI, Inc.<sup>(b),(r),(s)</sup>  | USI, Inc.<sup>(b),(r),(s)</sup>  | USI, Inc.<sup>(b),(r),(s)</sup>  | USI, Inc.<sup>(b),(r),(s)</sup>  |
| Tranche D Term Loan | Tranche D Term Loan | Tranche D Term Loan | Tranche D Term Loan |
| 3-month Term SOFR + 2.250% <br>11/21/2029<br>| &nbsp;&nbsp; 6.546% | 1856800 | &nbsp;&nbsp; 1853904 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **24184167** |
| **Restaurants 0.2%** | **Restaurants 0.2%** | **Restaurants 0.2%** | **Restaurants 0.2%** |
| Dave & Buster's, Inc.<sup>(b),(r)</sup>  | Dave & Buster's, Inc.<sup>(b),(r)</sup>  | Dave & Buster's, Inc.<sup>(b),(r)</sup>  | Dave & Buster's, Inc.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.250% <br>06/29/2029<br>| &nbsp;&nbsp; 7.563% | 1279743 | &nbsp;&nbsp; 1234082 |
| 3-month Term SOFR + 3.250% <br>11/01/2031<br>| &nbsp;&nbsp; 7.563% | 1275856 | &nbsp;&nbsp; 1213824 |
| Flynn Restaurant Group LP<sup>(b),(r),(s)</sup>  | Flynn Restaurant Group LP<sup>(b),(r),(s)</sup>  | Flynn Restaurant Group LP<sup>(b),(r),(s)</sup>  | Flynn Restaurant Group LP<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.750% <br>01/28/2032<br>| &nbsp;&nbsp; 8.066% | 2081739 | &nbsp;&nbsp; 2084674 |
| IRB Holding Corp.<sup>(b),(r)</sup>  | IRB Holding Corp.<sup>(b),(r)</sup>  | IRB Holding Corp.<sup>(b),(r)</sup>  | IRB Holding Corp.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.500% <br>12/15/2027<br>| &nbsp;&nbsp; 6.816% | 3020876 | &nbsp;&nbsp; 3017915 |
| Whatabrands LLC<sup>(b),(r)</sup>  | Whatabrands LLC<sup>(b),(r)</sup>  | Whatabrands LLC<sup>(b),(r)</sup>  | Whatabrands LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.500% <br>08/03/2028<br>| &nbsp;&nbsp; 6.816% | 3124514 | &nbsp;&nbsp; 3124264 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **10674759** |
| **Retailers 0.3%** | **Retailers 0.3%** | **Retailers 0.3%** | **Retailers 0.3%** |
| Beach Acquisition Bidco LLC<sup>(b),(r),(s)</sup>  | Beach Acquisition Bidco LLC<sup>(b),(r),(s)</sup>  | Beach Acquisition Bidco LLC<sup>(b),(r),(s)</sup>  | Beach Acquisition Bidco LLC<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.250% <br>06/25/2032<br>| &nbsp;&nbsp; 7.562% | 2000000 | &nbsp;&nbsp; 2011660 |
| Belron Finance 2019 LLC<sup>(b),(r)</sup>  | Belron Finance 2019 LLC<sup>(b),(r)</sup>  | Belron Finance 2019 LLC<sup>(b),(r)</sup>  | Belron Finance 2019 LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.500% <br>10/16/2031<br>| &nbsp;&nbsp; 6.742% | 2502236 | &nbsp;&nbsp; 2512870 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Great Outdoors Group LLC<sup>(b),(r)</sup>  | Great Outdoors Group LLC<sup>(b),(r)</sup>  | Great Outdoors Group LLC<sup>(b),(r)</sup>  | Great Outdoors Group LLC<sup>(b),(r)</sup>  |
| Tranche B3 Term Loan | Tranche B3 Term Loan | Tranche B3 Term Loan | Tranche B3 Term Loan |
| 1-month Term SOFR + 3.250% <br>Floor 0.750% <br>01/23/2032<br>| &nbsp;&nbsp; 7.566% | 3727736 | &nbsp;&nbsp; 3735191 |
| Harbor Freight Tools USA, Inc.<sup>(b),(r)</sup>  | Harbor Freight Tools USA, Inc.<sup>(b),(r)</sup>  | Harbor Freight Tools USA, Inc.<sup>(b),(r)</sup>  | Harbor Freight Tools USA, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.250% <br>06/11/2031<br>| &nbsp;&nbsp; 6.566% | 897526 | &nbsp;&nbsp; 885616 |
| Mavis Tire Express Services Topco Corp.<sup>(b),(r),(s)</sup>  | Mavis Tire Express Services Topco Corp.<sup>(b),(r),(s)</sup>  | Mavis Tire Express Services Topco Corp.<sup>(b),(r),(s)</sup>  | Mavis Tire Express Services Topco Corp.<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 3.000% <br>05/04/2028<br>| &nbsp;&nbsp; 7.199% | 2779850 | &nbsp;&nbsp; 2785660 |
| PetSmart LLC<sup>(b),(r)</sup>  | PetSmart LLC<sup>(b),(r)</sup>  | PetSmart LLC<sup>(b),(r)</sup>  | PetSmart LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 4.000% <br>08/18/2032<br>| &nbsp;&nbsp; 8.360% | 2144351 | &nbsp;&nbsp; 2121578 |
| Restoration Hardware, Inc.<sup>(b),(r),(s)</sup>  | Restoration Hardware, Inc.<sup>(b),(r),(s)</sup>  | Restoration Hardware, Inc.<sup>(b),(r),(s)</sup>  | Restoration Hardware, Inc.<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.500% <br>Floor 0.500% <br>10/20/2028<br>| &nbsp;&nbsp; 6.930% | 1892942 | &nbsp;&nbsp; 1813969 |
| Restoration Hardware, Inc.<sup>(b),(r)</sup>  | Restoration Hardware, Inc.<sup>(b),(r)</sup>  | Restoration Hardware, Inc.<sup>(b),(r)</sup>  | Restoration Hardware, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.250% <br>Floor 0.500% <br>10/20/2028<br>| &nbsp;&nbsp; 7.666% | 974937 | &nbsp;&nbsp; 942901 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **16809445** |
| **Technology 2.2%** | **Technology 2.2%** | **Technology 2.2%** | **Technology 2.2%** |
| Access CIG LLC<sup>(b),(r),(s)</sup>  | Access CIG LLC<sup>(b),(r),(s)</sup>  | Access CIG LLC<sup>(b),(r),(s)</sup>  | Access CIG LLC<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 4.000% <br>08/16/2030<br>| &nbsp;&nbsp; 8.357% | 3332608 | &nbsp;&nbsp; 3342506 |
| Adeia, Inc.<sup>(b),(d),(r)</sup>  | Adeia, Inc.<sup>(b),(d),(r)</sup>  | Adeia, Inc.<sup>(b),(d),(r)</sup>  | Adeia, Inc.<sup>(b),(d),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.500% <br>06/08/2028<br>| &nbsp;&nbsp; 6.816% | 2313809 | &nbsp;&nbsp; 2325378 |
| Ahead DB Holdings LLC<sup>(b),(r),(s)</sup>  | Ahead DB Holdings LLC<sup>(b),(r),(s)</sup>  | Ahead DB Holdings LLC<sup>(b),(r),(s)</sup>  | Ahead DB Holdings LLC<sup>(b),(r),(s)</sup>  |
| Tranche B5 1st Lien Term Loan | Tranche B5 1st Lien Term Loan | Tranche B5 1st Lien Term Loan | Tranche B5 1st Lien Term Loan |
| 3-month Term SOFR + 2.750% <br>Floor 0.750% <br>02/01/2031<br>| &nbsp;&nbsp; 7.046% | 2984364 | &nbsp;&nbsp; 2984991 |
| Applied Systems, Inc.<sup>(b),(r)</sup>  | Applied Systems, Inc.<sup>(b),(r)</sup>  | Applied Systems, Inc.<sup>(b),(r)</sup>  | Applied Systems, Inc.<sup>(b),(r)</sup>  |
| Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan |
| 3-month Term SOFR + 2.500% <br>02/24/2031<br>| &nbsp;&nbsp; 6.796% | 1538385 | &nbsp;&nbsp; 1535693 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Ascend Learning LLC<sup>(b),(r)</sup>  | Ascend Learning LLC<sup>(b),(r)</sup>  | Ascend Learning LLC<sup>(b),(r)</sup>  | Ascend Learning LLC<sup>(b),(r)</sup>  |
| 2nd Lien Term Loan | 2nd Lien Term Loan | 2nd Lien Term Loan | 2nd Lien Term Loan |
| 1-month Term SOFR + 5.750% <br>Floor 0.500% <br>12/10/2029<br>| &nbsp;&nbsp; 10.166% | 824339 | &nbsp;&nbsp; 823515 |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.000% <br>Floor 0.500% <br>12/11/2028<br>| &nbsp;&nbsp; 7.316% | 3488293 | &nbsp;&nbsp; 3485014 |
| athenahealth Group, Inc.<sup>(b),(r)</sup>  | athenahealth Group, Inc.<sup>(b),(r)</sup>  | athenahealth Group, Inc.<sup>(b),(r)</sup>  | athenahealth Group, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.750% <br>Floor 0.500% <br>02/15/2029<br>| &nbsp;&nbsp; 7.066% | 3579294 | &nbsp;&nbsp; 3575571 |
| Atlas CC Acquisition Corp.<sup>(b),(r)</sup>  | Atlas CC Acquisition Corp.<sup>(b),(r)</sup>  | Atlas CC Acquisition Corp.<sup>(b),(r)</sup>  | Atlas CC Acquisition Corp.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 4.250% <br>05/25/2029<br>| &nbsp;&nbsp; 8.830% | 1668163 | &nbsp;&nbsp; 956808 |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| 3-month Term SOFR + 4.250% <br>05/25/2029<br>| &nbsp;&nbsp; 8.830% | 238858 | &nbsp;&nbsp; 137002 |
| Avaya, Inc.<sup>(b),(r)</sup>  | Avaya, Inc.<sup>(b),(r)</sup>  | Avaya, Inc.<sup>(b),(r)</sup>  | Avaya, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 7.500% <br>Floor 1.000% <br>08/01/2028<br>| &nbsp;&nbsp; 11.856% | 1285299 | &nbsp;&nbsp; 1076438 |
| Barracuda Parent LLC<sup>(b),(r)</sup>  | Barracuda Parent LLC<sup>(b),(r)</sup>  | Barracuda Parent LLC<sup>(b),(r)</sup>  | Barracuda Parent LLC<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 4.500% <br>Floor 0.500% <br>08/15/2029<br>| &nbsp;&nbsp; 8.808% | 1450882 | &nbsp;&nbsp; 1141250 |
| BCPE Pequod Buyer, Inc.<sup>(b),(r)</sup>  | BCPE Pequod Buyer, Inc.<sup>(b),(r)</sup>  | BCPE Pequod Buyer, Inc.<sup>(b),(r)</sup>  | BCPE Pequod Buyer, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.000% <br>11/25/2031<br>| &nbsp;&nbsp; 7.316% | 1961942 | &nbsp;&nbsp; 1963688 |
| Boost Newco Borrower LLC<sup>(b),(r)</sup>  | Boost Newco Borrower LLC<sup>(b),(r)</sup>  | Boost Newco Borrower LLC<sup>(b),(r)</sup>  | Boost Newco Borrower LLC<sup>(b),(r)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| 3-month Term SOFR + 2.000% <br>01/31/2031<br>| &nbsp;&nbsp; 6.296% | 2370052 | &nbsp;&nbsp; 2370645 |
| Boxer Parent Co., Inc.<sup>(b),(r),(s)</sup>  | Boxer Parent Co., Inc.<sup>(b),(r),(s)</sup>  | Boxer Parent Co., Inc.<sup>(b),(r),(s)</sup>  | Boxer Parent Co., Inc.<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.000% <br>07/30/2031<br>| &nbsp;&nbsp; 7.199% | 3174679 | &nbsp;&nbsp; 3168869 |
| Camelot US Acquisition LLC<sup>(b),(r)</sup>  | Camelot US Acquisition LLC<sup>(b),(r)</sup>  | Camelot US Acquisition LLC<sup>(b),(r)</sup>  | Camelot US Acquisition LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.750% <br>01/31/2031<br>| &nbsp;&nbsp; 7.066% | 1656297 | &nbsp;&nbsp; 1645116 |
| Central Parent LLC<sup>(b),(r)</sup>  | Central Parent LLC<sup>(b),(r)</sup>  | Central Parent LLC<sup>(b),(r)</sup>  | Central Parent LLC<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 3.250% <br>07/06/2029<br>| &nbsp;&nbsp; 7.546% | 2575944 | &nbsp;&nbsp; 2149522 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Cloud Software Group, Inc.<sup>(b),(r)</sup>  | Cloud Software Group, Inc.<sup>(b),(r)</sup>  | Cloud Software Group, Inc.<sup>(b),(r)</sup>  | Cloud Software Group, Inc.<sup>(b),(r)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 1-month Term SOFR + 3.250% <br>08/13/2032<br>| &nbsp;&nbsp; 7.483% | 1937211 | &nbsp;&nbsp; 1939962 |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| 3-month Term SOFR + 3.250% <br>03/21/2031<br>| &nbsp;&nbsp; 7.476% | 1126447 | &nbsp;&nbsp; 1129026 |
| Cloudera, Inc.<sup>(b),(r)</sup>  | Cloudera, Inc.<sup>(b),(r)</sup>  | Cloudera, Inc.<sup>(b),(r)</sup>  | Cloudera, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.750% <br>Floor 0.500% <br>10/08/2028<br>| &nbsp;&nbsp; 8.166% | 2622381 | &nbsp;&nbsp; 2555196 |
| Coherent Corp.<sup>(b),(r)</sup>  | Coherent Corp.<sup>(b),(r)</sup>  | Coherent Corp.<sup>(b),(r)</sup>  | Coherent Corp.<sup>(b),(r)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| 1-month Term SOFR + 2.000% <br>Floor 0.500% <br>07/02/2029<br>| &nbsp;&nbsp; 6.316% | 1563739 | &nbsp;&nbsp; 1563739 |
| CoreLogic, Inc.<sup>(b),(r)</sup>  | CoreLogic, Inc.<sup>(b),(r)</sup>  | CoreLogic, Inc.<sup>(b),(r)</sup>  | CoreLogic, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.500% <br>Floor 0.500% <br>06/02/2028<br>| &nbsp;&nbsp; 7.930% | 3061429 | &nbsp;&nbsp; 3050714 |
| Cornerstone OnDemand, Inc.<sup>(b),(r),(s)</sup>  | Cornerstone OnDemand, Inc.<sup>(b),(r),(s)</sup>  | Cornerstone OnDemand, Inc.<sup>(b),(r),(s)</sup>  | Cornerstone OnDemand, Inc.<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.750% <br>Floor 0.500% <br>10/16/2028<br>| &nbsp;&nbsp; 8.180% | 2000000 | &nbsp;&nbsp; 1916660 |
| Cotiviti, Inc.<sup>(b),(r)</sup>  | Cotiviti, Inc.<sup>(b),(r)</sup>  | Cotiviti, Inc.<sup>(b),(r)</sup>  | Cotiviti, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.750% <br>05/01/2031<br>| &nbsp;&nbsp; 7.104% | 3203601 | &nbsp;&nbsp; 3201615 |
| DS Admiral Bidco LLC<sup>(b),(r)</sup>  | DS Admiral Bidco LLC<sup>(b),(r)</sup>  | DS Admiral Bidco LLC<sup>(b),(r)</sup>  | DS Admiral Bidco LLC<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 4.250% <br>06/26/2031<br>| &nbsp;&nbsp; 8.546% | 1960818 | &nbsp;&nbsp; 1958367 |
| Ellucian Holdings, Inc.<sup>(b),(r)</sup>  | Ellucian Holdings, Inc.<sup>(b),(r)</sup>  | Ellucian Holdings, Inc.<sup>(b),(r)</sup>  | Ellucian Holdings, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 2.750% <br>10/09/2029<br>| &nbsp;&nbsp; 7.066% | 2928600 | &nbsp;&nbsp; 2930445 |
| Flash Charm, Inc.<sup>(b),(r)</sup>  | Flash Charm, Inc.<sup>(b),(r)</sup>  | Flash Charm, Inc.<sup>(b),(r)</sup>  | Flash Charm, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 3.500% <br>Floor 0.750% <br>03/02/2028<br>| &nbsp;&nbsp; 7.796% | 1536966 | &nbsp;&nbsp; 1423138 |
| Fortress Intermediate 3, Inc.<sup>(b),(r),(s)</sup>  | Fortress Intermediate 3, Inc.<sup>(b),(r),(s)</sup>  | Fortress Intermediate 3, Inc.<sup>(b),(r),(s)</sup>  | Fortress Intermediate 3, Inc.<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 3.000% <br>06/27/2031<br>| &nbsp;&nbsp; 7.351% | 3381219 | &nbsp;&nbsp; 3385445 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Gen Digital, Inc.<sup>(b),(r)</sup>  | Gen Digital, Inc.<sup>(b),(r)</sup>  | Gen Digital, Inc.<sup>(b),(r)</sup>  | Gen Digital, Inc.<sup>(b),(r)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 1-month Term SOFR + 1.750% <br>Floor 0.500% <br>09/12/2029<br>| &nbsp;&nbsp; 6.066% | 1914190 | &nbsp;&nbsp; 1909941 |
| Genesys Cloud Services Holdings I LLC<sup>(b),(r),(s)</sup>  | Genesys Cloud Services Holdings I LLC<sup>(b),(r),(s)</sup>  | Genesys Cloud Services Holdings I LLC<sup>(b),(r),(s)</sup>  | Genesys Cloud Services Holdings I LLC<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.500% <br>01/30/2032<br>| &nbsp;&nbsp; 6.816% | 3271648 | &nbsp;&nbsp; 3271648 |
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.<sup>(b),(r)</sup>  | Go Daddy Operating Co. LLC/GD Finance Co., Inc.<sup>(b),(r)</sup>  | Go Daddy Operating Co. LLC/GD Finance Co., Inc.<sup>(b),(r)</sup>  | Go Daddy Operating Co. LLC/GD Finance Co., Inc.<sup>(b),(r)</sup>  |
| Tranche B8 Term Loan | Tranche B8 Term Loan | Tranche B8 Term Loan | Tranche B8 Term Loan |
| 1-month Term SOFR + 1.750% <br>11/09/2029<br>| &nbsp;&nbsp; 6.066% | 421849 | &nbsp;&nbsp; 421887 |
| Helios Software Holdings, Inc./ION Corporate Solutions Finance SARL<sup>(b),(r)</sup>  | Helios Software Holdings, Inc./ION Corporate Solutions Finance SARL<sup>(b),(r)</sup>  | Helios Software Holdings, Inc./ION Corporate Solutions Finance SARL<sup>(b),(r)</sup>  | Helios Software Holdings, Inc./ION Corporate Solutions Finance SARL<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.000% <br>07/18/2030<br>| &nbsp;&nbsp; 7.296% | 1523716 | &nbsp;&nbsp; 1524265 |
| Icon Parent I, Inc.<sup>(b),(r)</sup>  | Icon Parent I, Inc.<sup>(b),(r)</sup>  | Icon Parent I, Inc.<sup>(b),(r)</sup>  | Icon Parent I, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 2.750% <br>11/13/2031<br>| &nbsp;&nbsp; 7.090% | 2140991 | &nbsp;&nbsp; 2141504 |
| Idemia Group SAS<sup>(b),(r),(s)</sup>  | Idemia Group SAS<sup>(b),(r),(s)</sup>  | Idemia Group SAS<sup>(b),(r),(s)</sup>  | Idemia Group SAS<sup>(b),(r),(s)</sup>  |
| Tranche B5 Term Loan | Tranche B5 Term Loan | Tranche B5 Term Loan | Tranche B5 Term Loan |
| 3-month Term SOFR + 4.250% <br>Floor 0.750% <br>10/02/2028<br>| &nbsp;&nbsp; 8.546% | 3715341 | &nbsp;&nbsp; 3718425 |
| IGT Holding IV AB<sup>(b),(r)</sup>  | IGT Holding IV AB<sup>(b),(r)</sup>  | IGT Holding IV AB<sup>(b),(r)</sup>  | IGT Holding IV AB<sup>(b),(r)</sup>  |
| Tranche B5 Term Loan | Tranche B5 Term Loan | Tranche B5 Term Loan | Tranche B5 Term Loan |
| 3-month Term SOFR + 3.500% <br>09/01/2031<br>| &nbsp;&nbsp; 7.796% | 3024298 | &nbsp;&nbsp; 3041325 |
| Informatica LLC<sup>(b),(r)</sup>  | Informatica LLC<sup>(b),(r)</sup>  | Informatica LLC<sup>(b),(r)</sup>  | Informatica LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.250% <br>10/27/2028<br>| &nbsp;&nbsp; 6.566% | 2201083 | &nbsp;&nbsp; 2203834 |
| ION Trading Finance Ltd.<sup>(b),(r)</sup>  | ION Trading Finance Ltd.<sup>(b),(r)</sup>  | ION Trading Finance Ltd.<sup>(b),(r)</sup>  | ION Trading Finance Ltd.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.500% <br>04/01/2028<br>| &nbsp;&nbsp; 7.796% | 538875 | &nbsp;&nbsp; 540109 |
| KnowBe4, Inc.<sup>(b),(r)</sup>  | KnowBe4, Inc.<sup>(b),(r)</sup>  | KnowBe4, Inc.<sup>(b),(r)</sup>  | KnowBe4, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 3.750% <br>07/23/2032<br>| &nbsp;&nbsp; 8.068% | 1537430 | &nbsp;&nbsp; 1541274 |
| Leia Finco US LLC<sup>(b),(r)</sup>  | Leia Finco US LLC<sup>(b),(r)</sup>  | Leia Finco US LLC<sup>(b),(r)</sup>  | Leia Finco US LLC<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 3.250% <br>10/09/2031<br>| &nbsp;&nbsp; 7.570% | 1901637 | &nbsp;&nbsp; 1905212 |
| Loyalty Ventures, Inc.<sup>(d),(r),(u)</sup>  | Loyalty Ventures, Inc.<sup>(d),(r),(u)</sup>  | Loyalty Ventures, Inc.<sup>(d),(r),(u)</sup>  | Loyalty Ventures, Inc.<sup>(d),(r),(u)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 11/03/2027 | &nbsp;&nbsp; 14.000% | 1604304 | &nbsp;&nbsp; 120323 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| McAfee Corp.<sup>(b),(r)</sup>  | McAfee Corp.<sup>(b),(r)</sup>  | McAfee Corp.<sup>(b),(r)</sup>  | McAfee Corp.<sup>(b),(r)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 1-month Term SOFR + 3.000% <br>03/01/2029<br>| &nbsp;&nbsp; 7.349% | 3480854 | &nbsp;&nbsp; 3311162 |
| Mitchell International, Inc.<sup>(b),(r),(s)</sup>  | Mitchell International, Inc.<sup>(b),(r),(s)</sup>  | Mitchell International, Inc.<sup>(b),(r),(s)</sup>  | Mitchell International, Inc.<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.250% <br>06/17/2031<br>| &nbsp;&nbsp; 7.566% | 3918390 | &nbsp;&nbsp; 3922857 |
| Mitnick Corporate Purchaser, Inc.<sup>(b),(r)</sup>  | Mitnick Corporate Purchaser, Inc.<sup>(b),(r)</sup>  | Mitnick Corporate Purchaser, Inc.<sup>(b),(r)</sup>  | Mitnick Corporate Purchaser, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 4.750% <br>Floor 0.500% <br>05/02/2029<br>| &nbsp;&nbsp; 9.158% | 770299 | &nbsp;&nbsp; 537045 |
| Neptune BidCo US, Inc.<sup>(b),(r)</sup>  | Neptune BidCo US, Inc.<sup>(b),(r)</sup>  | Neptune BidCo US, Inc.<sup>(b),(r)</sup>  | Neptune BidCo US, Inc.<sup>(b),(r)</sup>  |
| Tranche A 1st Lien Term Loan | Tranche A 1st Lien Term Loan | Tranche A 1st Lien Term Loan | Tranche A 1st Lien Term Loan |
| 3-month Term SOFR + 4.750% <br>10/11/2028<br>| &nbsp;&nbsp; 9.179% | 2167183 | &nbsp;&nbsp; 2103533 |
| Nielsen Consumer, Inc.<sup>(b),(r)</sup>  | Nielsen Consumer, Inc.<sup>(b),(r)</sup>  | Nielsen Consumer, Inc.<sup>(b),(r)</sup>  | Nielsen Consumer, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.500% <br>10/31/2030<br>| &nbsp;&nbsp; 6.816% | 3360220 | &nbsp;&nbsp; 3339219 |
| Peraton Corp.<sup>(b),(r)</sup>  | Peraton Corp.<sup>(b),(r)</sup>  | Peraton Corp.<sup>(b),(r)</sup>  | Peraton Corp.<sup>(b),(r)</sup>  |
| Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan |
| 1-month Term SOFR + 3.750% <br>Floor 0.750% <br>02/01/2028<br>| &nbsp;&nbsp; 8.166% | 2807617 | &nbsp;&nbsp; 2411827 |
| PointClickCare Technologies, Inc.<sup>(b),(r)</sup>  | PointClickCare Technologies, Inc.<sup>(b),(r)</sup>  | PointClickCare Technologies, Inc.<sup>(b),(r)</sup>  | PointClickCare Technologies, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.750% <br>11/03/2031<br>| &nbsp;&nbsp; 7.082% | 2688246 | &nbsp;&nbsp; 2693299 |
| Project Boost Purchaser LLC<sup>(b),(r)</sup>  | Project Boost Purchaser LLC<sup>(b),(r)</sup>  | Project Boost Purchaser LLC<sup>(b),(r)</sup>  | Project Boost Purchaser LLC<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 2.750% <br>07/16/2031<br>| &nbsp;&nbsp; 7.068% | 3466680 | &nbsp;&nbsp; 3461757 |
| Proofpoint, Inc.<sup>(b),(r)</sup>  | Proofpoint, Inc.<sup>(b),(r)</sup>  | Proofpoint, Inc.<sup>(b),(r)</sup>  | Proofpoint, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.000% <br>Floor 0.500% <br>08/31/2028<br>| &nbsp;&nbsp; 7.316% | 3751765 | &nbsp;&nbsp; 3768685 |
| Rackspace Finance LLC<sup>(b),(r)</sup>  | Rackspace Finance LLC<sup>(b),(r)</sup>  | Rackspace Finance LLC<sup>(b),(r)</sup>  | Rackspace Finance LLC<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 1-month Term SOFR + 2.750% <br>Floor 0.750% <br>05/15/2028<br>| &nbsp;&nbsp; 7.222% | 831097 | &nbsp;&nbsp; 418042 |
| Rocket Software, Inc.<sup>(b),(r),(s)</sup>  | Rocket Software, Inc.<sup>(b),(r),(s)</sup>  | Rocket Software, Inc.<sup>(b),(r),(s)</sup>  | Rocket Software, Inc.<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.750% <br>11/28/2028<br>| &nbsp;&nbsp; 8.066% | 1615838 | &nbsp;&nbsp; 1619070 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Sabre GLBL, Inc.<sup>(b),(d),(r)</sup>  | Sabre GLBL, Inc.<sup>(b),(d),(r)</sup>  | Sabre GLBL, Inc.<sup>(b),(d),(r)</sup>  | Sabre GLBL, Inc.<sup>(b),(d),(r)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 1-month Term SOFR + 3.500% <br>Floor 0.500% <br>12/17/2027<br>| &nbsp;&nbsp; 7.930% | 418725 | &nbsp;&nbsp; 396742 |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| 1-month Term SOFR + 3.500% <br>Floor 0.500% <br>12/17/2027<br>| &nbsp;&nbsp; 7.930% | 136579 | &nbsp;&nbsp; 129409 |
| Sabre GLBL, Inc.<sup>(b),(r)</sup>  | Sabre GLBL, Inc.<sup>(b),(r)</sup>  | Sabre GLBL, Inc.<sup>(b),(r)</sup>  | Sabre GLBL, Inc.<sup>(b),(r)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| 1-month Term SOFR + 6.000% <br>Floor 0.500% <br>11/15/2029<br>| &nbsp;&nbsp; 10.416% | 721863 | &nbsp;&nbsp; 687575 |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| 1-month Term SOFR + 6.000% <br>Floor 0.500% <br>11/15/2029<br>| &nbsp;&nbsp; 10.416% | 831884 | &nbsp;&nbsp; 781971 |
| Sabre GLBL, Inc.<sup>(b),(r),(s)</sup>  | Sabre GLBL, Inc.<sup>(b),(r),(s)</sup>  | Sabre GLBL, Inc.<sup>(b),(r),(s)</sup>  | Sabre GLBL, Inc.<sup>(b),(r),(s)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| 1-month Term SOFR + 5.000% <br>06/30/2028<br>| &nbsp;&nbsp; 9.452% | 600000 | &nbsp;&nbsp; 565500 |
| Sanmina Corp.<sup>(b),(r),(s)</sup>  | Sanmina Corp.<sup>(b),(r),(s)</sup>  | Sanmina Corp.<sup>(b),(r),(s)</sup>  | Sanmina Corp.<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 2.000% <br>08/07/2032<br>| &nbsp;&nbsp; 6.355% | 1416542 | &nbsp;&nbsp; 1413000 |
| Sophos Holdings SARL<sup>(b),(r),(s)</sup>  | Sophos Holdings SARL<sup>(b),(r),(s)</sup>  | Sophos Holdings SARL<sup>(b),(r),(s)</sup>  | Sophos Holdings SARL<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.500% <br>03/05/2027<br>| &nbsp;&nbsp; 7.930% | 2566094 | &nbsp;&nbsp; 2569301 |
| Sovos Compliance LLC<sup>(b),(r)</sup>  | Sovos Compliance LLC<sup>(b),(r)</sup>  | Sovos Compliance LLC<sup>(b),(r)</sup>  | Sovos Compliance LLC<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 3.250% <br>08/13/2029<br>| &nbsp;&nbsp; 7.476% | 3122693 | &nbsp;&nbsp; 3127002 |
| SS&C Technologies Holdings, Inc.<sup>(b),(r)</sup>  | SS&C Technologies Holdings, Inc.<sup>(b),(r)</sup>  | SS&C Technologies Holdings, Inc.<sup>(b),(r)</sup>  | SS&C Technologies Holdings, Inc.<sup>(b),(r)</sup>  |
| Tranche B8 Term Loan | Tranche B8 Term Loan | Tranche B8 Term Loan | Tranche B8 Term Loan |
| 1-month Term SOFR + 2.000% <br>05/09/2031<br>| &nbsp;&nbsp; 6.316% | 892787 | &nbsp;&nbsp; 894117 |
| Storable, Inc.<sup>(b),(r),(s)</sup>  | Storable, Inc.<sup>(b),(r),(s)</sup>  | Storable, Inc.<sup>(b),(r),(s)</sup>  | Storable, Inc.<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 3.250% <br>04/16/2031<br>| &nbsp;&nbsp; 7.566% | 2168445 | &nbsp;&nbsp; 2174950 |
| UKG, Inc.<sup>(b),(r)</sup>  | UKG, Inc.<sup>(b),(r)</sup>  | UKG, Inc.<sup>(b),(r)</sup>  | UKG, Inc.<sup>(b),(r)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 3-month Term SOFR + 2.500% <br>02/10/2031<br>| &nbsp;&nbsp; 6.810% | 3003909 | &nbsp;&nbsp; 3001416 |
| Ultra Clean Holdings, Inc.<sup>(b),(r)</sup>  | Ultra Clean Holdings, Inc.<sup>(b),(r)</sup>  | Ultra Clean Holdings, Inc.<sup>(b),(r)</sup>  | Ultra Clean Holdings, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 3.250% <br>02/25/2028<br>| &nbsp;&nbsp; 7.566% | 1550919 | &nbsp;&nbsp; 1557712 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Virtusa Corp.<sup>(b),(r),(s)</sup>  | Virtusa Corp.<sup>(b),(r),(s)</sup>  | Virtusa Corp.<sup>(b),(r),(s)</sup>  | Virtusa Corp.<sup>(b),(r),(s)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| 1-month Term SOFR + 3.250% <br>Floor 0.750% <br>02/15/2029<br>| &nbsp;&nbsp; 7.566% | 3527523 | &nbsp;&nbsp; 3521350 |
| VS Buyer LLC<sup>(b),(r),(s)</sup>  | VS Buyer LLC<sup>(b),(r),(s)</sup>  | VS Buyer LLC<sup>(b),(r),(s)</sup>  | VS Buyer LLC<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 2.250% <br>04/12/2031<br>| &nbsp;&nbsp; 6.560% | 2394525 | &nbsp;&nbsp; 2392538 |
| World Wide Technology Holding Co. LLC<sup>(b),(r),(s)</sup>  | World Wide Technology Holding Co. LLC<sup>(b),(r),(s)</sup>  | World Wide Technology Holding Co. LLC<sup>(b),(r),(s)</sup>  | World Wide Technology Holding Co. LLC<sup>(b),(r),(s)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 1-month Term SOFR + 2.000% <br>03/01/2030<br>| &nbsp;&nbsp; 6.323% | 1500000 | &nbsp;&nbsp; 1501875 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **132377014** |
| **Transportation Services 0.2%** | **Transportation Services 0.2%** | **Transportation Services 0.2%** | **Transportation Services 0.2%** |
| Apple Bidco LLC<sup>(b),(r),(s)</sup>  | Apple Bidco LLC<sup>(b),(r),(s)</sup>  | Apple Bidco LLC<sup>(b),(r),(s)</sup>  | Apple Bidco LLC<sup>(b),(r),(s)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 1-month Term SOFR + 2.500% <br>09/23/2031<br>| &nbsp;&nbsp; 6.816% | 3525639 | &nbsp;&nbsp; 3524970 |
| Beacon Mobility Corp.<sup>(b),(r),(s),(t)</sup>  | Beacon Mobility Corp.<sup>(b),(r),(s),(t)</sup>  | Beacon Mobility Corp.<sup>(b),(r),(s),(t)</sup>  | Beacon Mobility Corp.<sup>(b),(r),(s),(t)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| 3-month Term SOFR + 3.250% <br>08/06/2030<br>| &nbsp;&nbsp; 4.557% | 342535 | &nbsp;&nbsp; 343819 |
| Beacon Mobility Corp.<sup>(b),(r)</sup>  | Beacon Mobility Corp.<sup>(b),(r)</sup>  | Beacon Mobility Corp.<sup>(b),(r)</sup>  | Beacon Mobility Corp.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.250% <br>08/06/2030<br>| &nbsp;&nbsp; 7.505% | 2500502 | &nbsp;&nbsp; 2509879 |
| Brown Group Holding LLC<sup>(b),(r),(s)</sup>  | Brown Group Holding LLC<sup>(b),(r),(s)</sup>  | Brown Group Holding LLC<sup>(b),(r),(s)</sup>  | Brown Group Holding LLC<sup>(b),(r),(s)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| 3-month Term SOFR + 2.750% <br>Floor 0.500% <br>07/01/2031<br>| &nbsp;&nbsp; 7.027% | 3612108 | &nbsp;&nbsp; 3611422 |
| First Student Bidco, Inc.<sup>(b),(r),(s)</sup>  | First Student Bidco, Inc.<sup>(b),(r),(s)</sup>  | First Student Bidco, Inc.<sup>(b),(r),(s)</sup>  | First Student Bidco, Inc.<sup>(b),(r),(s)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 2.500% <br>08/15/2030<br>| &nbsp;&nbsp; 6.711% | 2765483 | &nbsp;&nbsp; 2765482 |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| 3-month Term SOFR + 2.500% <br>08/15/2030<br>| &nbsp;&nbsp; 6.711% | 527326 | &nbsp;&nbsp; 527163 |
| Student Transportation Of America Holdings, Inc.<sup>(b),(r),(s),(t)</sup>  | Student Transportation Of America Holdings, Inc.<sup>(b),(r),(s),(t)</sup>  | Student Transportation Of America Holdings, Inc.<sup>(b),(r),(s),(t)</sup>  | Student Transportation Of America Holdings, Inc.<sup>(b),(r),(s),(t)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| 3-month Term SOFR + 3.250% <br>06/24/2032<br>| &nbsp;&nbsp; 3.525% | 68786 | &nbsp;&nbsp; 69001 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Student Transportation Of America Holdings, Inc.<sup>(b),(r)</sup>  | Student Transportation Of America Holdings, Inc.<sup>(b),(r)</sup>  | Student Transportation Of America Holdings, Inc.<sup>(b),(r)</sup>  | Student Transportation Of America Holdings, Inc.<sup>(b),(r)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| 3-month Term SOFR + 3.250% <br>06/24/2032<br>| &nbsp;&nbsp; 7.571% | 963007 | &nbsp;&nbsp; 966021 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **14317757** |
| **Wireless 0.1%** | **Wireless 0.1%** | **Wireless 0.1%** | **Wireless 0.1%** |
| Crown Subsea Communications Holding, Inc.<sup>(b),(r)</sup>  | Crown Subsea Communications Holding, Inc.<sup>(b),(r)</sup>  | Crown Subsea Communications Holding, Inc.<sup>(b),(r)</sup>  | Crown Subsea Communications Holding, Inc.<sup>(b),(r)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| 3-month Term SOFR + 3.500% <br>01/30/2031<br>| &nbsp;&nbsp; 7.818% | 3048818 | &nbsp;&nbsp; 3070739 |
| Total Senior Loans <br>(Cost $638,487,522) | Total Senior Loans <br>(Cost $638,487,522) | Total Senior Loans <br>(Cost $638,487,522) | &nbsp;&nbsp; **631738162** |
| **U.S. Treasury Obligations 0.1%** | **U.S. Treasury Obligations 0.1%** | **U.S. Treasury Obligations 0.1%** | **U.S. Treasury Obligations 0.1%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| U.S. Treasury<sup>(v)</sup>  | U.S. Treasury<sup>(v)</sup>  | U.S. Treasury<sup>(v)</sup>  | U.S. Treasury<sup>(v)</sup>  |
| 07/31/2028 | &nbsp;&nbsp; 1.000% | 6250000 | &nbsp;&nbsp; 5806641 |
| Total U.S. Treasury Obligations <br>(Cost $5,673,590) | Total U.S. Treasury Obligations <br>(Cost $5,673,590) | Total U.S. Treasury Obligations <br>(Cost $5,673,590) | &nbsp;&nbsp; **5806641** |

---

---

| | |
|:---|:---|
| **Call Option Contracts Purchased 0.5%** | **Call Option Contracts Purchased 0.5%** |
|  | **Value ($)** |
| (Cost $58,338,016) | &nbsp;&nbsp; **29330545** |
| **Put Option Contracts Purchased 0.2%** | **Put Option Contracts Purchased 0.2%** |
| (Cost $27,390,401) | &nbsp;&nbsp; **14634082** |

---

---

| | | |
|:---|:---|:---|
| **Money Market Funds 6.2%** | **Money Market Funds 6.2%** | **Money Market Funds 6.2%** |
|  | **Shares** | **Value ($)** |
| Columbia Short-Term Cash Fund, 4.463%<sup>(j),(w)</sup> <br>| &nbsp;&nbsp; 367815034 | &nbsp;&nbsp; 367704689 |
| Total Money Market Funds <br>(Cost $367,651,243) | Total Money Market Funds <br>(Cost $367,651,243) | &nbsp;&nbsp; **367704689** |
| **Total Investments in Securities** <br>**(Cost: $7,410,542,264)** | **Total Investments in Securities** <br>**(Cost: $7,410,542,264)** | &nbsp;&nbsp; **7384972630** |
| **Other Assets & Liabilities, Net** |  | &nbsp;&nbsp; **(1471847594)**<br>|
| **Net Assets** | **Net Assets** | &nbsp;&nbsp; **5913125036** |

---

At August 31, 2025, securities and/or cash totaling $29,723,469 were pledged as collateral.

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

**Investments in derivatives** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** |
| **Currency to** <br>**be sold**<br>| &nbsp;&nbsp;&nbsp; **Currency to** <br>**be purchased**<br>| **Counterparty** | **Settlement** <br>**date**<br>| &nbsp;&nbsp;&nbsp; **Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Unrealized** <br>**depreciation ($)**<br>|
| 42,246,782 EUR | &nbsp;&nbsp;&nbsp;&nbsp; 48,992,326 USD | Citi | 09/12/2025 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (460828)<br>|

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** |
| **Description** | **Number of** <br>**contracts**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Trading** <br>**currency**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**amount**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**depreciation ($)**<br>|
| 3-Month SOFR | 14253 | 03/2027 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 3457243313 | &nbsp;&nbsp;&nbsp;&nbsp; 7746882 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Canadian Government 10-Year Bond | 2130 | 12/2025 | CAD | &nbsp;&nbsp;&nbsp;&nbsp; 256686300 | &nbsp;&nbsp;&nbsp;&nbsp; 776615 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Euro-Bund | 665 | 09/2025 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; 86150750 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1281834)<br>|
| U.S. Treasury 10-Year Note | 5558 | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 625275000 | &nbsp;&nbsp;&nbsp;&nbsp; 1809991 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury Ultra Bond | 1807 | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 210628438 | &nbsp;&nbsp;&nbsp;&nbsp; 138445 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 10471933 | &nbsp;&nbsp;&nbsp;&nbsp; (1281834)<br>|

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** |
| **Description** | **Number of** <br>**contracts**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Trading** <br>**currency**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**amount**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**depreciation ($)**<br>|
| 3-Month SOFR | (14356) | 03/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (3453694700)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5634658)<br>|
| U.S. Long Bond | (3032) | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (346406000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1784262)<br>|
| U.S. Treasury 2-Year Note | (2778) | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (579321514)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (267160)<br>|
| U.S. Treasury 5-Year Note | (4803) | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (525778406)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3388253)<br>|
| U.S. Treasury Ultra 10-Year Note | (3066) | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (350769563)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (853982)<br>|
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (11928315)<br>|

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** |
| **Description** | **Counterparty** | &nbsp;&nbsp; **Trading** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Number of** <br>**contracts**<br>| **Exercise** <br>**price/Rate**<br>| **Expiration** <br>**date**<br>| **Cost ($)** | **Value ($)** |
| 10-Year OTC interest rate swap <br> with Goldman Sachs <br> International to receive <br> exercise rate and pay SOFR<br>| Goldman Sachs International | USD | &nbsp;&nbsp; 242192000 | &nbsp;&nbsp; 242192000 | 3.20 | &nbsp;&nbsp; 10/07/2025 | &nbsp;&nbsp; 5182909 | &nbsp;&nbsp; 91839 |
| 10-Year OTC interest rate swap <br> with Goldman Sachs <br> International to receive <br> exercise rate and pay SOFR<br>| Goldman Sachs International | USD | &nbsp;&nbsp; 484024787 | &nbsp;&nbsp; 484024787 | 3.60 | &nbsp;&nbsp; 02/03/2026 | &nbsp;&nbsp; 7659692 | &nbsp;&nbsp; 6593579 |
| 10-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> exercise rate and pay SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 387600000 | &nbsp;&nbsp; 387600000 | 3.15 | &nbsp;&nbsp; 09/05/2025 | &nbsp;&nbsp; 12160950 | &nbsp;&nbsp; 39 |
| 10-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> exercise rate and pay SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 193213400 | &nbsp;&nbsp; 193213400 | 2.90 | &nbsp;&nbsp; 09/22/2025 | &nbsp;&nbsp; 3898080 | &nbsp;&nbsp; 1604 |
| 10-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> exercise rate and pay SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 331596000 | &nbsp;&nbsp; 331596000 | 3.50 | &nbsp;&nbsp; 06/11/2026 | &nbsp;&nbsp; 5471334 | &nbsp;&nbsp; 5220647 |
| 10-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> exercise rate and pay SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 197500000 | &nbsp;&nbsp; 197500000 | 3.33 | &nbsp;&nbsp; 07/31/2026 | &nbsp;&nbsp; 2621813 | &nbsp;&nbsp; 2466913 |
| 30-Year OTC interest rate swap <br> with Citi to receive exercise <br> rate and pay SOFR<br>| Citi | USD | &nbsp;&nbsp; 125231200 | &nbsp;&nbsp; 125231200 | 3.80 | &nbsp;&nbsp; 10/29/2025 | &nbsp;&nbsp; 6136329 | &nbsp;&nbsp; 728407 |
| 30-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> exercise rate and pay SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 89400000 | &nbsp;&nbsp; 89400000 | 3.85 | &nbsp;&nbsp; 02/25/2026 | &nbsp;&nbsp; 2011500 | &nbsp;&nbsp; 1941831 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** |
| **Description** | **Counterparty** | &nbsp;&nbsp; **Trading**<br> **currency**<br>| **Notional**<br> **amount**<br>| **Number of**<br> **contracts**<br>| **Exercise**<br> **price/Rate**<br>| **Expiration**<br> **date**<br>| **Cost ($)** | **Value ($)** |
| 5-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> exercise rate and pay SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 241042866 | &nbsp;&nbsp; 241042866 | 3.30 | &nbsp;&nbsp; 12/12/2025 | &nbsp;&nbsp; 2524924 | &nbsp;&nbsp; 1942034 |
| 5-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> exercise rate and pay SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 465453676 | &nbsp;&nbsp; 465453676 | 3.50 | &nbsp;&nbsp; 04/16/2026 | &nbsp;&nbsp; 8378166 | &nbsp;&nbsp; 7984904 |
| 5-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> exercise rate and pay SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 237669147 | &nbsp;&nbsp; 237669147 | 3.10 | &nbsp;&nbsp; 07/09/2026 | &nbsp;&nbsp; 2292319 | &nbsp;&nbsp; 2358748 |
| Total |  |  |  |  |  |  | &nbsp;&nbsp; 58338016 | &nbsp;&nbsp; 29330545 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** |
| **Description** | **Counterparty** | &nbsp;&nbsp; **Trading** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Number of** <br>**contracts**<br>| **Exercise** <br>**price/Rate**<br>| **Expiration** <br>**date**<br>| **Cost ($)** | **Value ($)** |
| 10-Year OTC interest rate swap <br> with Citi to receive SOFR and <br> pay exercise rate<br>| Citi | USD | &nbsp;&nbsp; 241500000 | &nbsp;&nbsp; 241500000 | 4.20 | &nbsp;&nbsp; 12/26/2025 | &nbsp;&nbsp; 2088975 | &nbsp;&nbsp; 741936 |
| 10-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> SOFR and pay exercise rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; 232773791 | &nbsp;&nbsp; 232773791 | 3.90 | &nbsp;&nbsp; 10/01/2025 | &nbsp;&nbsp; 3898961 | &nbsp;&nbsp; 462242 |
| 10-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> SOFR and pay exercise rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; 186043263 | &nbsp;&nbsp; 186043263 | 3.80 | &nbsp;&nbsp; 10/03/2025 | &nbsp;&nbsp; 3032505 | &nbsp;&nbsp; 785754 |
| 10-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> SOFR and pay exercise rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; 178000000 | &nbsp;&nbsp; 178000000 | 4.25 | &nbsp;&nbsp; 06/23/2026 | &nbsp;&nbsp; 3159500 | &nbsp;&nbsp; 1751306 |
| 5-Year OTC interest rate swap <br> with Goldman Sachs <br> International to receive SOFR <br> and pay exercise rate<br>| Goldman Sachs International | USD | &nbsp;&nbsp; 175000000 | &nbsp;&nbsp; 175000000 | 3.50 | &nbsp;&nbsp; 02/27/2026 | &nbsp;&nbsp; 1137500 | &nbsp;&nbsp; 1150083 |
| 5-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> SOFR and pay exercise rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; 246578674 | &nbsp;&nbsp; 246578674 | 3.50 | &nbsp;&nbsp; 10/06/2025 | &nbsp;&nbsp; 2663050 | &nbsp;&nbsp; 433880 |
| 5-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> SOFR and pay exercise rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; 178000000 | &nbsp;&nbsp; 178000000 | 3.50 | &nbsp;&nbsp; 02/27/2026 | &nbsp;&nbsp; 1259350 | &nbsp;&nbsp; 1169798 |
| 5-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> SOFR and pay exercise rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; 636000000 | &nbsp;&nbsp; 636000000 | 3.40 | &nbsp;&nbsp; 08/05/2026 | &nbsp;&nbsp; 10150560 | &nbsp;&nbsp; 8139083 |
| Total |  |  |  |  |  |  | &nbsp;&nbsp; 27390401 | &nbsp;&nbsp; 14634082 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** |
| **Description** | **Counterparty** | &nbsp;&nbsp; **Trading** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Number of** <br>**contracts**<br>| **Exercise** <br>**price/Rate**<br>| **Expiration** <br>**date**<br>| **Premium** <br>**received ($)**<br>| **Value ($)** |
| 10-Year OTC interest rate swap with Morgan <br> Stanley to receive SOFR and pay exercise <br> rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; (387600000)<br>| &nbsp;&nbsp; (387600000)<br>| 2.65 | &nbsp;&nbsp; 09/05/2025 | &nbsp;&nbsp; (5862450)<br>| &nbsp;&nbsp; (39)<br>|
| 5-Year OTC interest rate swap with Morgan <br> Stanley to receive SOFR and pay exercise <br> rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; (465453676)<br>| &nbsp;&nbsp; (465453676)<br>| 3.00 | &nbsp;&nbsp; 04/16/2026 | &nbsp;&nbsp; (4468355)<br>| &nbsp;&nbsp; (3146001)<br>|
| Total |  |  |  |  |  |  | &nbsp;&nbsp; (10330805)<br>| &nbsp;&nbsp; (3146040)<br>|

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Cleared interest rate swap contracts** | **Cleared interest rate swap contracts** | **Cleared interest rate swap contracts** | **Cleared interest rate swap contracts** | **Cleared interest rate swap contracts** | **Cleared interest rate swap contracts** | **Cleared interest rate swap contracts** | **Cleared interest rate swap contracts** | **Cleared interest rate swap contracts** | **Cleared interest rate swap contracts** | **Cleared interest rate swap contracts** | **Cleared interest rate swap contracts** |
| **Fund receives** | **Fund pays** | **Payment** <br>**frequency**<br>| **Counterparty** | **Maturity** <br>**date**<br>| **Notional** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Value** <br>**($)**<br>| **Upfront** <br>**payments** <br>**($)**<br>| **Upfront** <br>**receipts** <br>**($)**<br>| **Unrealized** <br>**appreciation** <br>**($)**<br>| **Unrealized** <br>**depreciation** <br>**($)**<br>|
| SOFR plus <br> 0.262%<br>| Fixed rate of <br> 1.781%<br>| Receives Quarterly, Pays Semi-Annually | Morgan <br> Stanley<br>| 08/09/2049 | USD | 53500000 | 21582488 |  |  | 21582488 |  |

---

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** |
| **Reference** <br>**entity**<br>| **Counterparty** | **Maturity** <br>**date**<br>| **Pay** <br>**fixed** <br>**rate** <br>**(%)**<br>| **Payment** <br>**frequency**<br>| **Notional** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Value** <br>**($)**<br>| **Periodic** <br>**payments** <br>**receivable** <br>**(payable)** <br>**($)**<br>| **Upfront** <br>**payments** <br>**($)**<br>| **Upfront** <br>**receipts** <br>**($)**<br>| **Unrealized** <br>**appreciation** <br>**($)**<br>| **Unrealized** <br>**depreciation** <br>**($)**<br>|
| CMBX North America Index, <br> Series 11 BBB-<br>| Citi | 11/18/2054 | 3.000 | Monthly | USD | 13000000 | 1545643 | (5417)<br>| 3053275 |  |  | (1513049)<br>|
| CMBX North America Index, <br> Series 12 BBB-<br>| Citi | 08/17/2061 | 3.000 | Monthly | USD | 11100000 | 1902576 | (4625)<br>| 2855620 |  |  | (957669)<br>|
| CMBX North America Index, <br> Series 11 BBB-<br>| Goldman Sachs <br> International<br>| 11/18/2054 | 3.000 | Monthly | USD | 4400000 | 523141 | (1833)<br>| 619786 |  |  | (98478)<br>|
| CMBX North America Index, <br> Series 11 BBB-<br>| JPMorgan | 11/18/2054 | 3.000 | Monthly | USD | 4400000 | 523141 | (1833)<br>| 137027 |  | 384281 |  |
| CMBX North America Index, <br> Series 16 BBB-<br>| Morgan Stanley | 04/17/2065 | 3.000 | Monthly | USD | 11150000 | 1786699 | (4646)<br>| 2464631 |  |  | (682578)<br>|
| Total |  |  |  |  |  |  | 6281200 | (18354)<br>| 9130339 |  | 384281 | (3251774)<br>|

---

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** |
| **Reference** <br>**entity**<br>| **Counterparty** | **Maturity** <br>**date**<br>| **Receive** <br>**fixed** <br>**rate** <br>**(%)**<br>| **Payment** <br>**frequency**<br>| **Implied** <br>**credit** <br>**spread** <br>**(%)\***<br>| **Notional** <br>**currency**<br>| **Notional** <br>**amount** <br>| **Value** <br>**($)**<br>| **Periodic** <br>**payments** <br>**receivable** <br>**(payable)** <br>**($)**<br>| **Upfront** <br>**payments** <br>**($)**<br>| **Upfront** <br>**receipts** <br>**($)**<br>| **Unrealized** <br>**appreciation** <br>**($)**<br>| **Unrealized** <br>**depreciation** <br>**($)**<br>|
| CMBX North <br> America Index, <br> Series 10 BBB-<br>| Citi | 11/17/2059 | 3.000 | Monthly | 23.204 | USD | 18000000 | (3423172)<br>| 7500 |  | (1999107)<br>|  | (1416565)<br>|
| CMBX North <br> America Index, <br> Series 17 BBB-<br>| Goldman Sachs <br> International<br>| 12/15/2056 | 3.000 | Monthly | 5.661 | USD | 10000000 | (1264337)<br>| 4167 |  | (1497351)<br>| 237181 |  |
| CMBX North <br> America Index, <br> Series 10 BBB-<br>| JPMorgan | 11/17/2059 | 3.000 | Monthly | 23.204 | USD | 9500000 | (1806674)<br>| 3958 |  | (1904358)<br>| 101642 |  |
| CMBX North <br> America Index, <br> Series 10 BBB-<br>| JPMorgan | 11/17/2059 | 3.000 | Monthly | 23.204 | USD | 9500000 | (1806674)<br>| 3958 |  | (1475180)<br>|  | (327536)<br>|
| CMBX North <br> America Index, <br> Series 10 BBB-<br>| Morgan Stanley | 11/17/2059 | 3.000 | Monthly | 23.204 | USD | 8000000 | (1521410)<br>| 3333 |  | (1451370)<br>|  | (66707)<br>|
| CMBX North <br> America Index, <br> Series 8 BBB-<br>| Morgan Stanley | 10/17/2057 | 3.000 | Monthly | 33.385 | USD | 3702603 | (797041)<br>| 1543 |  | (703409)<br>|  | (92089)<br>|
| Total |  |  |  |  |  |  |  | (10619308)<br>| 24459 |  | (9030775)<br>| 338823 | (1902897)<br>|

---

\* Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Cleared credit default swap contracts - sell protection** | **Cleared credit default swap contracts - sell protection** | **Cleared credit default swap contracts - sell protection** | **Cleared credit default swap contracts - sell protection** | **Cleared credit default swap contracts - sell protection** | **Cleared credit default swap contracts - sell protection** | **Cleared credit default swap contracts - sell protection** | **Cleared credit default swap contracts - sell protection** | **Cleared credit default swap contracts - sell protection** | **Cleared credit default swap contracts - sell protection** | **Cleared credit default swap contracts - sell protection** | **Cleared credit default swap contracts - sell protection** | **Cleared credit default swap contracts - sell protection** |
| **Reference** <br>**entity**<br>| **Counterparty** | **Maturity** <br>**date**<br>| **Receive** <br>**fixed** <br>**rate** <br>**(%)**<br>| **Payment** <br>**frequency**<br>| **Implied** <br>**credit** <br>**spread** <br>**(%)\***<br>| **Notional** <br>**currency**<br>| **Notional** <br>**amount** <br>| **Value** <br>**($)**<br>| **Upfront** <br>**payments** <br>**($)**<br>| **Upfront** <br>**receipts** <br>**($)**<br>| **Unrealized** <br>**appreciation** <br>**($)**<br>| **Unrealized** <br>**depreciation** <br>**($)**<br>|
| CDX North America High <br> Yield Index, Series 44<br>| Morgan Stanley | 06/20/2030 | 5.000 | Quarterly | 3.213 | USD | 25320000 | 1584940 |  |  | 1584940 |  |

---

\* Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.

---

| | | |
|:---|:---|:---|
| **Reference index and values for swap contracts as of period end** | **Reference index and values for swap contracts as of period end** | **Reference index and values for swap contracts as of period end** |
| **Reference index**  |  | **Reference rate** |
| SOFR | Secured Overnight Financing Rate | 4.340% |

---

**Notes to Portfolio of Investments** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) 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, 2025, the total value of these securities amounted to $2,742,146,876, which represents 46.37% of total net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Variable rate security. The interest rate shown was the current rate as of August
 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Represents fair value as determined in good faith under procedures approved by the
 Board of Trustees. At August 31, 2025, the total value of these securities amounted to $78,959,376, which represents 1.34% of total net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Valuation based on significant unobservable inputs.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Security represents a pool of loans that generate cash payments generally over fixed
 periods of time. Such securities entitle the security holders to receive distributions (i.e. principal and interest, net of fees and expenses) that are tied to the payments
 made by the borrower on the underlying loans. Due to the structure of the security the cash payments received are not known until the time of payment. The interest rate
 shown is the stated coupon rate as of August 31, 2025 and is not reflective of the cash flow payments. The security is represented in shares.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Non-income producing investment.

&nbsp;&nbsp;&nbsp;&nbsp;(g) Payment-in-kind security. Interest can be paid by issuing additional par of the security
 or in cash.

&nbsp;&nbsp;&nbsp;&nbsp;(h) Represents a variable rate security with a step coupon where the rate adjusts according
 to a schedule for a series of periods, typically lower for an initial period and then increasing to a higher coupon rate thereafter. The interest rate shown was the
 current rate as of August 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(i) Perpetual security with no specified maturity date.

&nbsp;&nbsp;&nbsp;&nbsp;(j) Under Section 2(a)(3) of 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 value of the holdings and transactions in these affiliated companies during the year ended August 31, 2025 are as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated issuers** | **Beginning** <br>**of period($)**<br>| **Purchases($)** | **Sales($)** | **Net change in** <br>**unrealized** <br>**appreciation** <br>**(depreciation)($)**<br>| **End of** <br>**period($)**<br>| **Capital gain** <br>**distributions($)**<br>| **Realized gain** <br>**(loss)($)**<br>| **Dividends —** <br>**affiliated** <br>**issuers ($)**<br>| **End of** <br>**period shares**<br>|
| Columbia Short Duration High Yield ETF  | Columbia Short Duration High Yield ETF  | Columbia Short Duration High Yield ETF  | Columbia Short Duration High Yield ETF  | Columbia Short Duration High Yield ETF  | Columbia Short Duration High Yield ETF  | Columbia Short Duration High Yield ETF  | Columbia Short Duration High Yield ETF  | Columbia Short Duration High Yield ETF  | Columbia Short Duration High Yield ETF  |
|  |  | 57778840 |  | 747760 | 58526600 |  |  | 539049 | 2876000 |
| Columbia Short-Term Cash Fund, 4.463%  | Columbia Short-Term Cash Fund, 4.463%  | Columbia Short-Term Cash Fund, 4.463%  | Columbia Short-Term Cash Fund, 4.463%  | Columbia Short-Term Cash Fund, 4.463%  | Columbia Short-Term Cash Fund, 4.463%  | Columbia Short-Term Cash Fund, 4.463%  | Columbia Short-Term Cash Fund, 4.463%  | Columbia Short-Term Cash Fund, 4.463%  | Columbia Short-Term Cash Fund, 4.463%  |
|  | 409341744 | 1856915698 | (1898515743)<br>| (37010)<br>| 367704689 |  | 6098 | 13026016 | 367815034 |
| Itasca Park LLC - Unfunded  | Itasca Park LLC - Unfunded  | Itasca Park LLC - Unfunded  | Itasca Park LLC - Unfunded  | Itasca Park LLC - Unfunded  | Itasca Park LLC - Unfunded  | Itasca Park LLC - Unfunded  | Itasca Park LLC - Unfunded  | Itasca Park LLC - Unfunded  | Itasca Park LLC - Unfunded  |
|  |  | 25000000 |  |  | 25000000 |  |  |  |  |
| Total | 409341744 |  |  | 710750 | 451231289 |  | 6098 | 13565065 |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;(k) Principal amounts are denominated in United States Dollars unless otherwise noted.

&nbsp;&nbsp;&nbsp;&nbsp;(l) Principal and interest may not be guaranteed by a governmental entity.

&nbsp;&nbsp;&nbsp;&nbsp;(m) The Fund's committed equity ownership interest in the joint venture is 25% of the LLC, which is not held in the form of shares. Investments into the LLC will be called from the Fund over a commitment period ending December 31, 2026. Any unfunded commitments
 are indicated as such.

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

**Notes to Portfolio of Investments (continued)**

&nbsp;&nbsp;&nbsp;&nbsp;(n) Denotes a restricted security, which is subject to legal or contractual restrictions
 on resale under federal securities laws. Disposal of a restricted investment may involve time-consuming negotiations and expenses, and prompt sale at an acceptable
 price may be difficult to achieve. Private placement securities are generally considered to be restricted, although certain of those securities may be traded between
 qualified institutional investors under the provisions of Section 4(a)(2) and Rule 144A. The Fund will not incur any registration costs upon such a trade. These
 securities are valued at fair value determined in good faith under consistently applied procedures approved by the Fund's Board of Trustees. At August 31, 2025, the total market value of these securities amounted to $25,000,000, which represents 0.42% of total net assets. Additional information on these securities is as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Security** | **Acquisition** <br>**Dates**<br>| **Shares** | **Cost ($)** | **Value ($)** |
| Itasca Park LLC - Unfunded | 07/28/2025 | &nbsp;&nbsp; — | &nbsp;&nbsp; 25000000 | &nbsp;&nbsp; 25000000 |

---

&nbsp;&nbsp;&nbsp;&nbsp;(o) Represents interest only securities which have the right to receive the monthly interest
 payments on an underlying pool of mortgage loans.

&nbsp;&nbsp;&nbsp;&nbsp;(p) Variable or floating rate security, the interest rate of which adjusts periodically
 based on changes in current interest rates and prepayments on the underlying pool
 of assets. The interest rate shown was the current rate as of August 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(q) Represents a security purchased on a when-issued basis.

&nbsp;&nbsp;&nbsp;&nbsp;(r) The stated interest rate represents the weighted average interest rate at August 31,
 2025 of contracts within the senior loan facility. Interest rates on contracts are primarily determined either weekly, monthly or quarterly by reference to the indicated
 base lending rate and spread and the reset period. Base lending rates may be subject to a floor or minimum rate. The interest rate for senior loans purchased on
 a when-issued or delayed delivery basis will be determined upon settlement, therefore no interest rate is disclosed. Senior loans often require prepayments from
 excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay cannot be predicted with accuracy. As a result, remaining maturities
 of senior loans may be less than the stated maturities. Generally, the Fund is contractually obligated to receive approval from the agent bank and/or borrower
 prior to the disposition of a senior loan.

&nbsp;&nbsp;&nbsp;&nbsp;(s) Represents a security purchased on a forward commitment basis.

&nbsp;&nbsp;&nbsp;&nbsp;(t) At August 31, 2025, the Fund had unfunded senior loan commitments pursuant to the
 terms of the loan agreement. The Fund receives a stated coupon rate until the borrower draws on the loan commitment, at which time the rate will become the stated
 rate in the loan agreement.

---

| | |
|:---|:---|
| **Borrower** | **Unfunded Commitment ($)** |
| AmSpec Parent LLC <br>Delayed Draw Term Loan <br>12/22/2031 3.727%<br>| 80000 |
| Beacon Mobility Corp. <br>Delayed Draw Term Loan <br>08/06/2030 4.557%<br>| 133588 |
| Chrysaor Bidco SARL <br>Delayed Draw Term Loan <br>10/30/2031 3.000%<br>| 20988 |
| Clydesdale Acquisition Holdings, Inc. <br>Delayed Draw Tranche B 1st Lien Term Loan <br>04/01/2032 1.803%<br>| 6141<br>|
| June Purchaser LLC <br>Delayed Draw Term Loan <br>11/28/2031 3.000%<br>| 179947<br>|
| MRP Buyer LLC <br>Delayed Draw Term Loan <br>06/04/2032 3.322%<br>| 210289 |
| Raven Acquisition Holdings LLC <br>Delayed Draw Term Loan <br>11/19/2031 3.000%<br>| 241482 |
| Student Transportation Of America Holdings, Inc. <br>Delayed Draw Term Loan <br>06/24/2032 3.525%<br>| 46775 |
| SWF Holdings I Corp. <br>Delayed Draw Term Loan <br>12/19/2029 2.250%<br>| 98903 |
| USALCO LLC <br>Delayed Draw Term Loan <br>09/30/2031 1.000%<br>| 85566 |

---

&nbsp;&nbsp;&nbsp;&nbsp;(u) Represents a security in default.

&nbsp;&nbsp;&nbsp;&nbsp;(v) This security or a portion of this security has been pledged as collateral in connection
 with derivative contracts.

&nbsp;&nbsp;&nbsp;&nbsp;(w) The rate shown is the seven-day current annualized yield at August 31, 2025.

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

**Abbreviation Legend** 

---

| | |
|:---|:---|
| CMO | Collateralized Mortgage Obligation |
| SOFR | Secured Overnight Financing Rate |
| STRIPS | Separate Trading of Registered Interest and Principal Securities |
| TBA | To Be Announced |

---

**Currency Legend** 

---

| | |
|:---|:---|
| BRL | Brazilian Real |
| CAD | Canada Dollar |
| COP | Colombian Peso |
| EUR | Euro |
| IDR | Indonesian Rupiah |
| INR | Indian Rupee |
| KRW | South Korean Won |
| MXN | Mexican Peso |
| USD | US Dollar |

---

**Fair value measurements** 

The Fund categorizes its fair value measurements according to a three-level hierarchy that maximizes the use of observable inputs and minimizes the use of unobservable inputs by prioritizing that the most observable input be used when available. Observable inputs are those that market participants would use in pricing an investment based on market data obtained from sources independent of the reporting entity. Unobservable inputs are those that reflect the Fund's assumptions about the information market participants would use in pricing an investment. An investment's level within the fair value hierarchy is based on the lowest level of any input that is deemed significant to the asset's or liability's fair value measurement. The input levels are not necessarily an indication of the risk or liquidity associated with investments at that level. For example, certain U.S. government securities are generally high quality and liquid, however, they are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market.

Fair value inputs are summarized in the three broad levels listed below:

■

Level 1 — Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date. Valuation adjustments are not applied to Level 1 investments.

■

Level 2 — Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.).

■

Level 3 — Valuations based on significant unobservable inputs (including the Fund's own assumptions and judgment in determining the fair value of investments).

Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. The availability of observable inputs can vary between investments, and is affected by various factors such as the type of investment, and the volume and level of activity for that investment or similar investments in the marketplace. The inputs will be considered by the Investment Manager, along with any other relevant factors in the calculation of an investment's fair value. The Fund uses prices and inputs that are current as of the measurement date, which may include periods of market dislocations. During these periods, the availability of prices and inputs may be reduced for many investments. This condition could cause an investment to be reclassified between the various levels within the hierarchy.

Investments falling into the Level 3 category, if any, are primarily supported by quoted prices from brokers and dealers participating in the market for those investments. However, these may be classified as Level 3 investments due to lack of market transparency and corroboration to support these quoted prices. Additionally, valuation models may be used as the pricing source for any remaining investments classified as Level 3. These models may rely on one or more significant unobservable inputs and/or significant assumptions by the Investment Manager. Inputs used in valuations may include, but are not limited to, financial statement analysis, capital account balances, discount rates and estimated cash flows, and comparable company data.

The Fund's Board of Trustees (the Board) has designated the Investment Manager, through its Valuation Committee (the Committee), as valuation designee, responsible for determining the fair value of the assets of the Fund for which market quotations are not readily available using valuation procedures approved by the Board. The Committee consists of voting and non-voting members from various groups within the Investment Manager's organization, including operations and accounting, trading and investments, compliance, risk management and legal.

The Committee meets at least monthly to review and approve valuation matters, which may include a description of specific valuation determinations, data regarding pricing information received from approved pricing vendors and brokers and the results of Board-approved valuation policies and procedures (the Policies). The Policies address, among other things, instances when market quotations are or are not readily available, including recommendations of third party pricing vendors and a determination of appropriate pricing methodologies; events that require specific valuation determinations and assessment of fair value techniques; securities with a potential for stale pricing, including those that are illiquid, restricted, or in default; and the effectiveness of third party pricing vendors, including periodic reviews of vendors. The Committee meets more frequently, as needed, to discuss additional valuation matters, which may include the need to review back-testing results, review time-sensitive information or approve related valuation actions. Representatives of Columbia Management Investment Advisers, LLC report to the Board at each of its regularly scheduled meetings to discuss valuation matters and actions during the period, similar to those described earlier.

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

**Fair value measurements (continued)**

The following table is a summary of the inputs used to value the Fund's investments at August 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| **Investments in Securities** |  |  |  |  |
| Asset-Backed Securities - Non-Agency |  | &nbsp;&nbsp;&nbsp;&nbsp; 507714455 | &nbsp;&nbsp;&nbsp;&nbsp; 33850000 | &nbsp;&nbsp;&nbsp;&nbsp; 541564455 |
| Commercial Mortgage-Backed Securities - Non-Agency |  | &nbsp;&nbsp;&nbsp;&nbsp; 22624601 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 22624601 |
| Common Stocks |  |  |  |  |
| Communication Services | 25549 | &nbsp;&nbsp;&nbsp;&nbsp; 225440 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 250989 |
| Consumer Discretionary | 209964 | &nbsp;&nbsp;&nbsp;&nbsp; 3283 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 213247 |
| Energy |  | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 121567 | &nbsp;&nbsp;&nbsp;&nbsp; 121567 |
| Health Care |  | &nbsp;&nbsp;&nbsp;&nbsp; 231954 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 231954 |
| Industrials |  | &nbsp;&nbsp;&nbsp;&nbsp; 21121 | &nbsp;&nbsp;&nbsp;&nbsp; 3015 | &nbsp;&nbsp;&nbsp;&nbsp; 24136 |
| Information Technology |  | &nbsp;&nbsp;&nbsp;&nbsp; 233368 | &nbsp;&nbsp;&nbsp;&nbsp; 672 | &nbsp;&nbsp;&nbsp;&nbsp; 234040 |
| Materials |  | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp;&nbsp; 1 |
| Total Common Stocks | 235513 | &nbsp;&nbsp;&nbsp;&nbsp; 715166 | &nbsp;&nbsp;&nbsp;&nbsp; 125255 | &nbsp;&nbsp;&nbsp;&nbsp; 1075934 |
| Convertible Bonds |  | &nbsp;&nbsp;&nbsp;&nbsp; 7106608 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 7106608 |
| Convertible Preferred Stocks |  |  |  |  |
| Information Technology |  | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 0<br> \*<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0<br> \*<br>|
| Total Convertible Preferred Stocks |  | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 0<br> \*<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0<br> \*<br>|
| Corporate Bonds & Notes |  | &nbsp;&nbsp;&nbsp;&nbsp; 2268606963 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2268606963 |
| Exchange-Traded Fixed Income Funds | 58526600 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 58526600 |
| Foreign Government Obligations |  | &nbsp;&nbsp;&nbsp;&nbsp; 467107125 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 467107125 |
| Joint Ventures |  | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 25000000 | &nbsp;&nbsp;&nbsp;&nbsp; 25000000 |
| Residential Mortgage-Backed Securities - Agency |  | &nbsp;&nbsp;&nbsp;&nbsp; 2431615813 | &nbsp;&nbsp;&nbsp;&nbsp; 20109375 | &nbsp;&nbsp;&nbsp;&nbsp; 2451725188 |
| Residential Mortgage-Backed Securities - Non-Agency |  | &nbsp;&nbsp;&nbsp;&nbsp; 491661221 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 491661221 |
| Rights |  |  |  |  |
| Communication Services |  | &nbsp;&nbsp;&nbsp;&nbsp; 759816 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 759816 |
| Total Rights |  | &nbsp;&nbsp;&nbsp;&nbsp; 759816 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 759816 |
| Senior Loans |  | &nbsp;&nbsp;&nbsp;&nbsp; 624390170 | &nbsp;&nbsp;&nbsp;&nbsp; 7347992 | &nbsp;&nbsp;&nbsp;&nbsp; 631738162 |
| U.S. Treasury Obligations |  | &nbsp;&nbsp;&nbsp;&nbsp; 5806641 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5806641 |
| Call Option Contracts Purchased |  | &nbsp;&nbsp;&nbsp;&nbsp; 29330545 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 29330545 |
| Put Option Contracts Purchased |  | &nbsp;&nbsp;&nbsp;&nbsp; 14634082 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 14634082 |
| Money Market Funds | 367704689 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 367704689 |
| Total Investments in Securities | 426466802 | &nbsp;&nbsp;&nbsp;&nbsp; 6872073206 | &nbsp;&nbsp;&nbsp;&nbsp; 86432622 | &nbsp;&nbsp;&nbsp;&nbsp; 7384972630 |
| **Investments in Derivatives** |  |  |  |  |
| Asset |  |  |  |  |
| Futures Contracts | 10471933 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 10471933 |
| Swap Contracts |  | &nbsp;&nbsp;&nbsp;&nbsp; 23890532 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 23890532 |
| Liability |  |  |  |  |
| Forward Foreign Currency Exchange Contracts |  | &nbsp;&nbsp;&nbsp;&nbsp; (460828)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (460828)<br>|
| Futures Contracts | (13210149)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (13210149)<br>|
| Call Option Contracts Written |  | &nbsp;&nbsp;&nbsp;&nbsp; (3146040)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3146040)<br>|
| Swap Contracts |  | &nbsp;&nbsp;&nbsp;&nbsp; (5154671)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5154671)<br>|
| Total | 423728586 | &nbsp;&nbsp;&nbsp;&nbsp; 6887202199 | &nbsp;&nbsp;&nbsp;&nbsp; 86432622 | &nbsp;&nbsp;&nbsp;&nbsp; 7397363407 |

---

\* Rounds to zero.

See the Portfolio of Investments for all investment classifications not indicated in the table.

The Fund's assets assigned to the Level 2 input category are generally valued using the market approach, in which a security's value is determined through reference to prices and information from market transactions for similar or identical assets.

Forward foreign currency exchange contracts, futures contracts and swap contracts are valued at unrealized appreciation (depreciation).

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Portfolio of Investments (continued)

August 31, 2025

**Fair value measurements (continued)**

The following table is a reconciliation of Level 3 assets for which significant observable and unobservable inputs were used to determine fair value:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance** <br>**as of** <br>**08/31/2024** <br>**($)**<br>| **Increase** <br>**(decrease)** <br>**in accrued** <br>**discounts/** <br>**premiums** <br>**($)**<br>| **Realized** <br>**gain (loss)** <br>**($)**<br>| **Change** <br>**in unrealized** <br>**appreciation** <br>**(depreciation)**<sup>(a)</sup> <br>**($)**<br>| **Purchases** <br>**($)**<br>| **Sales** <br>**($)**<br>| **Transfers** <br>**into** <br>**Level 3** <br>**($)**<br>| **Transfers** <br>**out of** <br>**Level 3** <br>**($)**<br>| **Balance** <br>**as of** <br>**08/31/2025** <br>**($)**<br>|
| Asset-Backed Securities - <br> Non-Agency<br>| -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 33850000<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 33850000<br>|
| Common Stocks | 1<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 4018<br>| &nbsp;&nbsp; 1182<br>| &nbsp;&nbsp; 101233<br>| &nbsp;&nbsp; (4018)<br>| &nbsp;&nbsp; 22839<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 125255<br>|
| Convertible Preferred Stocks | -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>|
| Joint Ventures | -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 25000000<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 25000000<br>|
| Residential Mortgage-Backed <br> Securities - Agency<br>| -<br>| &nbsp;&nbsp; (22)<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 97522<br>| &nbsp;&nbsp; 20011875<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 20109375<br>|
| Residential Mortgage-Backed <br> Securities - Non-Agency<br>| 31968616<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 139946<br>| &nbsp;&nbsp; 574725<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; (32683287)<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>|
| Senior Loans | 6184767<br>| &nbsp;&nbsp; 84662<br>| &nbsp;&nbsp; (49848)<br>| &nbsp;&nbsp; (15867)<br>| &nbsp;&nbsp; 5863208<br>| &nbsp;&nbsp; (3793681)<br>| &nbsp;&nbsp; 3261336<br>| &nbsp;&nbsp; (4186585)<br>| &nbsp;&nbsp; 7347992<br>|
| **Total** | **38153384**<br>| &nbsp;&nbsp; **84640**<br>| &nbsp;&nbsp; **94116**<br>| &nbsp;&nbsp; **657562**<br>| &nbsp;&nbsp; **84826316**<br>| &nbsp;&nbsp; **(36480986)**<br>| &nbsp;&nbsp; **3284175**<br>| &nbsp;&nbsp; **(4186585)**<br>| &nbsp;&nbsp; **86432622**<br>|

---

(a) Change in unrealized appreciation (depreciation) relating to securities held at August 31, 2025 was $88,238, which is comprised of Common Stocks of $1,182, Residential Mortgage-Backed Securities - Agency of $97,522 and Senior Loans of $(10,466).

Financial assets were transferred from Level 2 to Level 3 due to utilizing a single market quotation from a broker dealer. As a result, management concluded that the market input(s) were generally unobservable.

Financial assets were transferred from Level 3 to Level 2 as observable market inputs were utilized and management determined that there was sufficient, reliable, and observable market data to value these assets as of period end.

The Fund's assets assigned to the Level 3 category are valued utilizing the valuation technique deemed the most appropriate in the circumstances. The following table is a summary of valuation technique(s) used to value the Fund's investments at August 31, 2025:

---

| | | |
|:---|:---|:---|
|  | **Valuation Technique** | **Value ($)** |
| Asset-Backed Securities - Non-Agency | Single Market Quotes from Broker | &nbsp;&nbsp; 33850000 |
| Common Stocks |  |  |
| Energy | Market Approach | &nbsp;&nbsp; 0 |
| Energy | Single Market Quotes from Broker | &nbsp;&nbsp; 121567 |
| Industrials | Single Market Quotes from Broker | &nbsp;&nbsp; 3015 |
| Information Technology | Single Market Quotes from Broker | &nbsp;&nbsp; 672 |
| Materials | Market Approach | &nbsp;&nbsp; 1 |
| Convertible Preferred Stocks |  |  |
| Information Technology | Market Approach | &nbsp;&nbsp; 0 |
| Joint Ventures | Recent Transaction | &nbsp;&nbsp; 25000000 |
| Residential Mortgage-Backed Securities - Agency | Single Market Quotes from Broker | &nbsp;&nbsp; 20109375 |
| Senior Loans | Single Market Quotes from Broker | &nbsp;&nbsp; 7347992 |
| Total |  | &nbsp;&nbsp; 86432622 |

---

The appropriateness of fair values for these securities is monitored on an ongoing basis which may include results of back testing, manual price reviews and other control procedures. Significant increases (decreases) to any of these inputs would have resulted in a significantly higher (lower) fair value measurement.

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Statement of Assets and Liabilities

August 31, 2025

---

| | |
|:---|:---|
| **Assets** |  |
| Investments in securities, at value |  |
| Unaffiliated issuers (cost $6,874,383,764) | $6889776714 |
| Affiliated issuers (cost $450,430,083) | 451231289 |
| Option contracts purchased (cost $85,728,417) | 43964627 |
| Cash | 716345 |
| Foreign currency (cost $1,785,983) | 1875259 |
| Cash collateral held at broker for: |  |
| Swap contracts | 3110000 |
| TBA | 2077000 |
| Margin deposits on: |  |
| Futures contracts | 18778729 |
| Swap contracts | 5574755 |
| Unrealized appreciation on swap contracts | 723104 |
| Upfront payments on swap contracts | 9130339 |
| Receivable for: |  |
| Investments sold | 585676 |
| Investments sold on a delayed delivery basis  | 3687454 |
| Capital shares sold | 7607317 |
| Dividends | 871592 |
| Interest | 53068323 |
| Foreign tax reclaims | 57403 |
| Variation margin for futures contracts | 3231191 |
| Variation margin for swap contracts | 268901 |
| Expense reimbursement due from Investment Manager | 706 |
| Prepaid expenses | 30238 |
| Deferred compensation of board members | 467663 |
| Other assets | 1449 |
| Total assets | 7496836074 |
| **Liabilities** |  |
| Option contracts written, at value (premiums received $10,330,805) | 3146040 |
| Unrealized depreciation on forward foreign currency exchange contracts | 460828 |
| Unrealized depreciation on swap contracts | 5154671 |
| Upfront receipts on swap contracts | 9030775 |
| Payable for: |  |
| Investments purchased | 2396850 |
| Investments purchased on a delayed delivery basis | 1555955536 |
| Capital shares redeemed | 3249790 |
| Variation margin for futures contracts | 2836268 |
| Variation margin for swap contracts | 38068 |
| Foreign capital gains taxes deferred | 30933 |
| Management services fees | 89524 |
| Distribution and/or service fees | 10760 |
| Transfer agent fees | 455995 |
| Compensation of board members | 6808 |
| Other expenses | 194105 |
| Deferred compensation of board members | 654087 |
| Total liabilities | 1583711038 |
| **Net assets applicable to outstanding capital stock** | **$5913125036** |
| **Represented by** |  |
| Paid in capital | 6584411169 |
| Total distributable earnings (loss) | (671286133)<br>|
| **Total - representing net assets applicable to outstanding capital stock** | **$5913125036** |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Statement of Assets and Liabilities (continued)

August 31, 2025

---

| | |
|:---|:---|
| **Class A** |  |
| Net assets | $965258888 |
| Shares outstanding | 43585590 |
| Net asset value per share | $22.15 |
| Maximum sales charge  | 4.75% |
| Maximum offering price per share (calculated by dividing the net asset value per share by 1.0 minus the maximum sales charge for Class A shares) | $23.25 |
| **Class C** |  |
| Net assets | $141068252 |
| Shares outstanding | 6374121 |
| Net asset value per share | $22.13 |
| **Institutional Class** |  |
| Net assets | $3509214221 |
| Shares outstanding | 162085496 |
| Net asset value per share | $21.65 |
| **Institutional 2 Class** |  |
| Net assets | $617189374 |
| Shares outstanding | 28479081 |
| Net asset value per share | $21.67 |
| **Institutional 3 Class** |  |
| Net assets | $637114981 |
| Shares outstanding | 29539913 |
| Net asset value per share | $21.57 |
| **Class R** |  |
| Net assets | $19556575 |
| Shares outstanding | 875431 |
| Net asset value per share | $22.34 |
| **Class S** |  |
| Net assets | $23722745 |
| Shares outstanding | 1095672 |
| Net asset value per share | $21.65 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Statement of Operations

Year Ended August 31, 2025

---

| | |
|:---|:---|
| **Net investment income** |  |
| Income: |  |
| Dividends — affiliated issuers | $13565065 |
| Interest | 327477019 |
| Interfund lending | 1924 |
| Foreign taxes withheld | (1228703)<br>|
| Total income | 339815305 |
| Expenses: |  |
| Management services fees | 31671178 |
| Distribution and/or service fees |  |
| Class A | 2415045 |
| Class C | 1493705 |
| Class R | 90372 |
| Transfer agent fees |  |
| Class A | 897738 |
| Advisor Class | 52451 |
| Class C | 138842 |
| Institutional Class | 3187813 |
| Institutional 2 Class | 296074 |
| Institutional 3 Class | 31327 |
| Class R | 16799 |
| Class S | 23684 |
| Custodian fees | 144437 |
| Printing and postage fees | 270378 |
| Registration fees | 395967 |
| Accounting services fees | 73077 |
| Legal fees | 125398 |
| Interest on collateral | 1351254 |
| Compensation of chief compliance officer | 959 |
| Compensation of board members | 70949 |
| Deferred compensation of board members | 31496 |
| Other | 226986 |
| Total expenses | 43005929 |
| Fees waived or expenses reimbursed by Investment Manager and its affiliates | (337296)<br>|
| Expense reduction | (2304)<br>|
| Total net expenses | 42666329 |
| **Net investment income** | 297148976 |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Statement of Operations (continued)

Year Ended August 31, 2025

---

| | |
|:---|:---|
| **Realized and unrealized gain (loss) — net** |  |
| Net realized gain (loss) on: |  |
| Investments — unaffiliated issuers | $(25377824)<br>|
| Investments — affiliated issuers | 6098 |
| Foreign currency translations | (1942546)<br>|
| Forward foreign currency exchange contracts | (1029891)<br>|
| Futures contracts | (20308685)<br>|
| Option contracts purchased | (12601909)<br>|
| Option contracts written | 6365567 |
| Swap contracts | 16759241 |
| Net realized loss | (38129949)<br>|
| Net change in unrealized appreciation (depreciation) on: |  |
| Investments — unaffiliated issuers | 75302160 |
| Investments — affiliated issuers | 710750 |
| Foreign currency translations | 80193 |
| Forward foreign currency exchange contracts | (392150)<br>|
| Futures contracts | (2335273)<br>|
| Option contracts purchased | (44456276)<br>|
| Option contracts written | 6853123 |
| Swap contracts | 7953876 |
| Foreign capital gains tax | (14248)<br>|
| Net change in unrealized appreciation (depreciation) | 43702155 |
| Net realized and unrealized gain | 5572206 |
| **Net increase in net assets resulting from operations** | **$302721182** |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Statement of Changes in Net Assets

---

| | | |
|:---|:---|:---|
|  | **Year Ended** <br>**August 31, 2025**<br>| **Year Ended** <br>**August 31, 2024**<br>|
| **Operations** |  |  |
| Net investment income | $297148976 | &nbsp;&nbsp; $296683864 |
| Net realized loss | (38129949)<br>| &nbsp;&nbsp; (69879224)<br>|
| Net change in unrealized appreciation (depreciation) | 43702155 | &nbsp;&nbsp; 316175829 |
| Net increase in net assets resulting from operations | 302721182 | &nbsp;&nbsp; 542980469 |
| **Distributions to shareholders** |  |  |
| Net investment income and net realized gains  |  |  |
| Class A | (48008332)<br>| &nbsp;&nbsp; (51755560)<br>|
| Advisor Class | (3310655)<br>| &nbsp;&nbsp; (14280891)<br>|
| Class C | (6301520)<br>| &nbsp;&nbsp; (7621015)<br>|
| Institutional Class | (182586891)<br>| &nbsp;&nbsp; (176220897)<br>|
| Institutional 2 Class | (29028407)<br>| &nbsp;&nbsp; (26525566)<br>|
| Institutional 3 Class | (29354726)<br>| &nbsp;&nbsp; (25106445)<br>|
| Class R | (850490)<br>| &nbsp;&nbsp; (803624)<br>|
| Class S | (1364248)<br>| &nbsp;&nbsp; — |
| Total distributions to shareholders | (300805269)<br>| &nbsp;&nbsp; (302313998)<br>|
| Increase in net assets from capital stock activity | 249212901 | &nbsp;&nbsp; 407444176 |
| Total increase in net assets | 251128814 | &nbsp;&nbsp; 648110647 |
| Net assets at beginning of year | 5661996222 | &nbsp;&nbsp; 5013885575 |
| **Net assets at end of year** | **$5913125036** | &nbsp;&nbsp; **$5661996222** |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Statement of Changes in Net Assets (continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Year Ended** | **Year Ended** | **Year Ended** | **Year Ended** |
|  | **August 31, 2025**  | **August 31, 2025**  | **August 31, 2024**  | **August 31, 2024**  |
|  | **Shares** | **Dollars ($)** | **Shares** | **Dollars ($)** |
| **Capital stock activity** | **Capital stock activity** | **Capital stock activity** | **Capital stock activity** | **Capital stock activity** |
| Class A |  |  |  |  |
| Shares sold | 6570537 | &nbsp;&nbsp;&nbsp;&nbsp; 144161676 | &nbsp;&nbsp;&nbsp;&nbsp; 8273686 | &nbsp;&nbsp;&nbsp;&nbsp; 177642044 |
| Distributions reinvested | 2062888 | &nbsp;&nbsp;&nbsp;&nbsp; 45171233 | &nbsp;&nbsp;&nbsp;&nbsp; 2262119 | &nbsp;&nbsp;&nbsp;&nbsp; 48380071 |
| Shares redeemed | (9808111)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (214857501)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (9961107)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (213584359)<br>|
| Net increase (decrease) | (1174686)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (25524592)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 574698 | &nbsp;&nbsp;&nbsp;&nbsp; 12437756 |
| Advisor Class |  |  |  |  |
| Shares sold | 896218 | &nbsp;&nbsp;&nbsp;&nbsp; 19350278 | &nbsp;&nbsp;&nbsp;&nbsp; 3412911 | &nbsp;&nbsp;&nbsp;&nbsp; 71884943 |
| Distributions reinvested | 153643 | &nbsp;&nbsp;&nbsp;&nbsp; 3302160 | &nbsp;&nbsp;&nbsp;&nbsp; 680644 | &nbsp;&nbsp;&nbsp;&nbsp; 14232890 |
| Shares redeemed | (12492183)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (266276687)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (4515306)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (94596291)<br>|
| Net decrease | (11442322)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (243624249)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (421751)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (8478458)<br>|
| Class C |  |  |  |  |
| Shares sold | 1391144 | &nbsp;&nbsp;&nbsp;&nbsp; 30539603 | &nbsp;&nbsp;&nbsp;&nbsp; 1712429 | &nbsp;&nbsp;&nbsp;&nbsp; 36740436 |
| Distributions reinvested | 270501 | &nbsp;&nbsp;&nbsp;&nbsp; 5920346 | &nbsp;&nbsp;&nbsp;&nbsp; 330502 | &nbsp;&nbsp;&nbsp;&nbsp; 7063376 |
| Shares redeemed | (2534193)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (55493821)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (2897023)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (61959369)<br>|
| Net decrease | (872548)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (19033872)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (854092)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (18155557)<br>|
| Institutional Class |  |  |  |  |
| Shares sold | 57715373 | &nbsp;&nbsp;&nbsp;&nbsp; 1237875640 | &nbsp;&nbsp;&nbsp;&nbsp; 56139718 | &nbsp;&nbsp;&nbsp;&nbsp; 1177895519 |
| Distributions reinvested | 7459875 | &nbsp;&nbsp;&nbsp;&nbsp; 159749737 | &nbsp;&nbsp;&nbsp;&nbsp; 7338774 | &nbsp;&nbsp;&nbsp;&nbsp; 153778058 |
| Shares redeemed | (54158348)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (1161050865)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (49247315)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (1030970222)<br>|
| Net increase | 11016900 | &nbsp;&nbsp;&nbsp;&nbsp; 236574512 | &nbsp;&nbsp;&nbsp;&nbsp; 14231177 | &nbsp;&nbsp;&nbsp;&nbsp; 300703355 |
| Institutional 2 Class |  |  |  |  |
| Shares sold | 10294223 | &nbsp;&nbsp;&nbsp;&nbsp; 220892829 | &nbsp;&nbsp;&nbsp;&nbsp; 7932059 | &nbsp;&nbsp;&nbsp;&nbsp; 166041726 |
| Distributions reinvested | 1337170 | &nbsp;&nbsp;&nbsp;&nbsp; 28667196 | &nbsp;&nbsp;&nbsp;&nbsp; 1251408 | &nbsp;&nbsp;&nbsp;&nbsp; 26252930 |
| Shares redeemed | (6178707)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (132587973)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (5717285)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (119943225)<br>|
| Net increase | 5452686 | &nbsp;&nbsp;&nbsp;&nbsp; 116972052 | &nbsp;&nbsp;&nbsp;&nbsp; 3466182 | &nbsp;&nbsp;&nbsp;&nbsp; 72351431 |
| Institutional 3 Class |  |  |  |  |
| Shares sold | 12619821 | &nbsp;&nbsp;&nbsp;&nbsp; 268867016 | &nbsp;&nbsp;&nbsp;&nbsp; 6398491 | &nbsp;&nbsp;&nbsp;&nbsp; 134435978 |
| Distributions reinvested | 750986 | &nbsp;&nbsp;&nbsp;&nbsp; 16026282 | &nbsp;&nbsp;&nbsp;&nbsp; 609559 | &nbsp;&nbsp;&nbsp;&nbsp; 12728087 |
| Shares redeemed | (5966808)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (127427196)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (4786527)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (99961358)<br>|
| Net increase | 7403999 | &nbsp;&nbsp;&nbsp;&nbsp; 157466102 | &nbsp;&nbsp;&nbsp;&nbsp; 2221523 | &nbsp;&nbsp;&nbsp;&nbsp; 47202707 |
| Class R |  |  |  |  |
| Shares sold | 205007 | &nbsp;&nbsp;&nbsp;&nbsp; 4533250 | &nbsp;&nbsp;&nbsp;&nbsp; 216067 | &nbsp;&nbsp;&nbsp;&nbsp; 4684438 |
| Distributions reinvested | 38449 | &nbsp;&nbsp;&nbsp;&nbsp; 849085 | &nbsp;&nbsp;&nbsp;&nbsp; 37158 | &nbsp;&nbsp;&nbsp;&nbsp; 801559 |
| Shares redeemed | (132689)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (2930953)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (190229)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (4103055)<br>|
| Net increase | 110767 | &nbsp;&nbsp;&nbsp;&nbsp; 2451382 | &nbsp;&nbsp;&nbsp;&nbsp; 62996 | &nbsp;&nbsp;&nbsp;&nbsp; 1382942 |
| Class S |  |  |  |  |
| Shares sold | 1738554 | &nbsp;&nbsp;&nbsp;&nbsp; 37702891 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Distributions reinvested | 63822 | &nbsp;&nbsp;&nbsp;&nbsp; 1364207 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Shares redeemed | (706704)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (15135532)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Net increase | 1095672 | &nbsp;&nbsp;&nbsp;&nbsp; 23931566 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| **Total net increase** | **11590468** | &nbsp;&nbsp;&nbsp;&nbsp; **249212901** | &nbsp;&nbsp;&nbsp;&nbsp; **19280733** | &nbsp;&nbsp;&nbsp;&nbsp; **407444176** |

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Financial Highlights

The following table is intended to help you understand the Fund's financial performance. Certain information reflects financial results for a single share of a class held for the periods shown. Per share net investment income (loss) amounts are calculated based on average shares outstanding during the period. Total return assumes reinvestment of all dividends and distributions, if any. Total return does not reflect payment of sales charges, if any. Total return and portfolio turnover are not annualized for periods of less than one year. The ratios of expenses and net investment income are annualized for periods of less than one year. The portfolio turnover rate is calculated without regard to purchase and sales transactions of short-term instruments and certain derivatives, if any. If such transactions were included, the Fund's portfolio turnover rate may be higher. A zero balance may reflect an amount rounding to less than $0.01 or 0.01%.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Net asset value,** <br>**beginning of** <br>**period**<br>| **Net** <br>**investment** <br>**income**<br>| **Net** <br>**realized** <br>**and** <br>**unrealized** <br>**gain (loss)**<br>| **Total from** <br>**investment** <br>**operations**<br>| **Distributions** <br>**from net** <br>**investment** <br>**income**<br>| **Distributions** <br>**from net** <br>**realized** <br>**gains**<br>| **Total** <br>**distributions to** <br>**shareholders**<br>|
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| Year Ended 8/31/2025 | $22.12<br>| 1.09<br>| 0.03<br>| 1.12<br>| &nbsp;&nbsp; (1.09) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.09) <br>|
| Year Ended 8/31/2024 | $21.13<br>| 1.16<br>| 1.00<br>| 2.16<br>| &nbsp;&nbsp; (1.17) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.17) <br>|
| Year Ended 8/31/2023 | $21.84<br>| 1.06<br>| &nbsp;&nbsp; (0.74) <br>| 0.32<br>| &nbsp;&nbsp; (1.03) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.03) <br>|
| Year Ended 8/31/2022 | $25.20<br>| 0.78<br>| &nbsp;&nbsp; (3.15) <br>| &nbsp;&nbsp; (2.37) <br>| &nbsp;&nbsp; (0.71) <br>| &nbsp;&nbsp; (0.28) <br>| &nbsp;&nbsp; (0.99) <br>|
| Year Ended 8/31/2021<sup>(e)</sup> <br>| $24.32<br>| 0.79<br>| 0.86<br>| 1.65<br>| &nbsp;&nbsp; (0.77) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (0.77) <br>|
| **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** |
| Year Ended 8/31/2025 | $22.11<br>| 0.93<br>| 0.02<br>| 0.95<br>| &nbsp;&nbsp; (0.93) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (0.93) <br>|
| Year Ended 8/31/2024 | $21.12<br>| 1.00<br>| 1.00<br>| 2.00<br>| &nbsp;&nbsp; (1.01) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.01) <br>|
| Year Ended 8/31/2023 | $21.83<br>| 0.90<br>| &nbsp;&nbsp; (0.74) <br>| 0.16<br>| &nbsp;&nbsp; (0.87) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (0.87) <br>|
| Year Ended 8/31/2022 | $25.19<br>| 0.60<br>| &nbsp;&nbsp; (3.15) <br>| &nbsp;&nbsp; (2.55) <br>| &nbsp;&nbsp; (0.53) <br>| &nbsp;&nbsp; (0.28) <br>| &nbsp;&nbsp; (0.81) <br>|
| Year Ended 8/31/2021<sup>(e)</sup> <br>| $24.31<br>| 0.60<br>| 0.86<br>| 1.46<br>| &nbsp;&nbsp; (0.58) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (0.58) <br>|
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| Year Ended 8/31/2025 | $21.65<br>| 1.12<br>| 0.02<br>| 1.14<br>| &nbsp;&nbsp; (1.14) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.14) <br>|
| Year Ended 8/31/2024 | $20.70<br>| 1.19<br>| 0.98<br>| 2.17<br>| &nbsp;&nbsp; (1.22) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.22) <br>|
| Year Ended 8/31/2023 | $21.42<br>| 1.09<br>| &nbsp;&nbsp; (0.73) <br>| 0.36<br>| &nbsp;&nbsp; (1.08) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.08) <br>|
| Year Ended 8/31/2022 | $24.73<br>| 0.82<br>| &nbsp;&nbsp; (3.09) <br>| &nbsp;&nbsp; (2.27) <br>| &nbsp;&nbsp; (0.76) <br>| &nbsp;&nbsp; (0.28) <br>| &nbsp;&nbsp; (1.04) <br>|
| Year Ended 8/31/2021<sup>(e)</sup> <br>| $23.88<br>| 0.84<br>| 0.84<br>| 1.68<br>| &nbsp;&nbsp; (0.83) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (0.83) <br>|
| **Institutional 2 Class** | **Institutional 2 Class** | **Institutional 2 Class** | **Institutional 2 Class** | **Institutional 2 Class** | **Institutional 2 Class** | **Institutional 2 Class** | **Institutional 2 Class** |
| Year Ended 8/31/2025 | $21.67<br>| 1.13<br>| 0.02<br>| 1.15<br>| &nbsp;&nbsp; (1.15) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.15) <br>|
| Year Ended 8/31/2024 | $20.72<br>| 1.20<br>| 0.98<br>| 2.18<br>| &nbsp;&nbsp; (1.23) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.23) <br>|
| Year Ended 8/31/2023 | $21.44<br>| 1.11<br>| &nbsp;&nbsp; (0.74) <br>| 0.37<br>| &nbsp;&nbsp; (1.09) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.09) <br>|
| Year Ended 8/31/2022 | $24.75<br>| 0.83<br>| &nbsp;&nbsp; (3.09) <br>| &nbsp;&nbsp; (2.26) <br>| &nbsp;&nbsp; (0.77) <br>| &nbsp;&nbsp; (0.28) <br>| &nbsp;&nbsp; (1.05) <br>|
| Year Ended 8/31/2021<sup>(e)</sup> <br>| $23.90<br>| 0.85<br>| 0.83<br>| 1.68<br>| &nbsp;&nbsp; (0.83) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (0.83) <br>|
| **Institutional 3 Class** | **Institutional 3 Class** | **Institutional 3 Class** | **Institutional 3 Class** | **Institutional 3 Class** | **Institutional 3 Class** | **Institutional 3 Class** | **Institutional 3 Class** |
| Year Ended 8/31/2025 | $21.57<br>| 1.14<br>| 0.02<br>| 1.16<br>| &nbsp;&nbsp; (1.16) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.16) <br>|
| Year Ended 8/31/2024 | $20.63<br>| 1.21<br>| 0.97<br>| 2.18<br>| &nbsp;&nbsp; (1.24) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.24) <br>|
| Year Ended 8/31/2023 | $21.35<br>| 1.11<br>| &nbsp;&nbsp; (0.73) <br>| 0.38<br>| &nbsp;&nbsp; (1.10) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.10) <br>|
| Year Ended 8/31/2022 | $24.66<br>| 0.84<br>| &nbsp;&nbsp; (3.09) <br>| &nbsp;&nbsp; (2.25) <br>| &nbsp;&nbsp; (0.78) <br>| &nbsp;&nbsp; (0.28) <br>| &nbsp;&nbsp; (1.06) <br>|
| Year Ended 8/31/2021<sup>(e)</sup> <br>| $23.81<br>| 0.86<br>| 0.84<br>| 1.70<br>| &nbsp;&nbsp; (0.85) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (0.85) <br>|

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Financial Highlights (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Net** <br>**asset** <br>**value,** <br>**end of** <br>**period**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Total** <br>**return**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Net investment** <br>**income** <br>**ratio to** <br>**average** <br>**net assets**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Portfolio** <br>**turnover**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Net** <br>**assets,** <br>**end of** <br>**period** <br>**(000's)**<br>|
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| Year Ended 8/31/2025 | &nbsp;&nbsp;&nbsp;&nbsp; $22.15<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.22%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.94% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 0.94% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.99%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 232%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $965259<br>|
| Year Ended 8/31/2024 | &nbsp;&nbsp;&nbsp;&nbsp; $22.12<br>| &nbsp;&nbsp;&nbsp;&nbsp; 10.54%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.93% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 0.93% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.44%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 272%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $990172<br>|
| Year Ended 8/31/2023 | &nbsp;&nbsp;&nbsp;&nbsp; $21.13<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.56%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.94% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 0.94% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.02%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 295%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $933577<br>|
| Year Ended 8/31/2022 | &nbsp;&nbsp;&nbsp;&nbsp; $21.84<br>| &nbsp;&nbsp;&nbsp;&nbsp; (9.64%) <br>&nbsp;&nbsp;&nbsp;&nbsp; 0.92% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 0.92% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 136%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $1036081<br>|
|  Year Ended 8/31/2021 <br><sup>(e)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; $25.20<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6.84%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.92% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 0.92% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.17%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 126%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $1191823<br>|
| **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** |
| Year Ended 8/31/2025 | &nbsp;&nbsp;&nbsp;&nbsp; $22.13<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.41%<br>&nbsp;&nbsp;&nbsp;&nbsp; 1.69% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 1.69% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.24%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 232%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $141068<br>|
| Year Ended 8/31/2024 | &nbsp;&nbsp;&nbsp;&nbsp; $22.11<br>| &nbsp;&nbsp;&nbsp;&nbsp; 9.73%<br>&nbsp;&nbsp;&nbsp;&nbsp; 1.68% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 1.68% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 272%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $160228<br>|
| Year Ended 8/31/2023 | &nbsp;&nbsp;&nbsp;&nbsp; $21.12<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.81%<br>&nbsp;&nbsp;&nbsp;&nbsp; 1.69% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 1.69% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.26%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 295%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $171092<br>|
| Year Ended 8/31/2022 | &nbsp;&nbsp;&nbsp;&nbsp; $21.83<br>| &nbsp;&nbsp;&nbsp;&nbsp; (10.31%) <br>&nbsp;&nbsp;&nbsp;&nbsp; 1.67% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 1.67% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 136%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $214760<br>|
|  Year Ended 8/31/2021 <br><sup>(e)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; $25.19<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6.01%<br>&nbsp;&nbsp;&nbsp;&nbsp; 1.67% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 1.67% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 2.42%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 126%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $284727<br>|
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| Year Ended 8/31/2025 | &nbsp;&nbsp;&nbsp;&nbsp; $21.65<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.46%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.69% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 0.69% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 232%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $3509214<br>|
| Year Ended 8/31/2024 | &nbsp;&nbsp;&nbsp;&nbsp; $21.65<br>| &nbsp;&nbsp;&nbsp;&nbsp; 10.84%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.68% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 0.68% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.69%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 272%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $3270687<br>|
| Year Ended 8/31/2023 | &nbsp;&nbsp;&nbsp;&nbsp; $20.70<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.69% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 0.69% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.27%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 295%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $2832856<br>|
| Year Ended 8/31/2022 | &nbsp;&nbsp;&nbsp;&nbsp; $21.42<br>| &nbsp;&nbsp;&nbsp;&nbsp; (9.39%) <br>&nbsp;&nbsp;&nbsp;&nbsp; 0.67% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 0.67% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.54%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 136%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $3231980<br>|
|  Year Ended 8/31/2021 <br><sup>(e)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; $24.73<br>| &nbsp;&nbsp;&nbsp;&nbsp; 7.11%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.67% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 0.67% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.41%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 126%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $3902593<br>|
| **Institutional 2 Class** | **Institutional 2 Class** | **Institutional 2 Class** | **Institutional 2 Class** | **Institutional 2 Class** | **Institutional 2 Class** |
| Year Ended 8/31/2025 | &nbsp;&nbsp;&nbsp;&nbsp; $21.67<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.49%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.66% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 0.65% <br><sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.29%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 232%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $617189<br>|
| Year Ended 8/31/2024 | &nbsp;&nbsp;&nbsp;&nbsp; $21.67<br>| &nbsp;&nbsp;&nbsp;&nbsp; 10.88%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.64% <br><sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.73%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 272%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $498975<br>|
| Year Ended 8/31/2023 | &nbsp;&nbsp;&nbsp;&nbsp; $20.72<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.84%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.64% <br><sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.32%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 295%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $405286<br>|
| Year Ended 8/31/2022 | &nbsp;&nbsp;&nbsp;&nbsp; $21.44<br>| &nbsp;&nbsp;&nbsp;&nbsp; (9.35%) <br>&nbsp;&nbsp;&nbsp;&nbsp; 0.63% <br><sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 136%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $413637<br>|
|  Year Ended 8/31/2021 <br><sup>(e)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; $24.75<br>| &nbsp;&nbsp;&nbsp;&nbsp; 7.23%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.63% <br><sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.44%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 126%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $475594<br>|
| **Institutional 3 Class** | **Institutional 3 Class** | **Institutional 3 Class** | **Institutional 3 Class** | **Institutional 3 Class** | **Institutional 3 Class** |
| Year Ended 8/31/2025 | &nbsp;&nbsp;&nbsp;&nbsp; $21.57<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.57%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.61% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 0.60% <br><sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.34%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 232%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $637115<br>|
| Year Ended 8/31/2024 | &nbsp;&nbsp;&nbsp;&nbsp; $21.57<br>| &nbsp;&nbsp;&nbsp;&nbsp; 10.93%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.60% <br><sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.78%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 272%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $477516<br>|
| Year Ended 8/31/2023 | &nbsp;&nbsp;&nbsp;&nbsp; $20.63<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.89%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.60% <br><sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.36%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 295%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $410866<br>|
| Year Ended 8/31/2022 | &nbsp;&nbsp;&nbsp;&nbsp; $21.35<br>| &nbsp;&nbsp;&nbsp;&nbsp; (9.34%) <br>&nbsp;&nbsp;&nbsp;&nbsp; 0.59% <br><sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.67%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 136%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $477713<br>|
|  Year Ended 8/31/2021 <br><sup>(e)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; $24.66<br>| &nbsp;&nbsp;&nbsp;&nbsp; 7.26%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.59% <br><sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 126%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $416355<br>|

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

------

Financial Highlights (continued)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Net asset value,** <br>**beginning of** <br>**period**<br>| **Net** <br>**investment** <br>**income**<br>| **Net** <br>**realized** <br>**and** <br>**unrealized** <br>**gain (loss)**<br>| **Total from** <br>**investment** <br>**operations**<br>| **Distributions** <br>**from net** <br>**investment** <br>**income**<br>| **Distributions** <br>**from net** <br>**realized** <br>**gains**<br>| **Total** <br>**distributions to** <br>**shareholders**<br>|
| **Class R** | **Class R** | **Class R** | **Class R** | **Class R** | **Class R** | **Class R** | **Class R** |
| Year Ended 8/31/2025 | $22.31<br>| 1.05<br>| 0.01<br>| 1.06<br>| &nbsp;&nbsp; (1.03) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.03) <br>|
| Year Ended 8/31/2024 | $21.30<br>| 1.12<br>| 1.00<br>| 2.12<br>| &nbsp;&nbsp; (1.11) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.11) <br>|
| Year Ended 8/31/2023 | $22.01<br>| 1.02<br>| &nbsp;&nbsp; (0.76) <br>| 0.26<br>| &nbsp;&nbsp; (0.97) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (0.97) <br>|
| Year Ended 8/31/2022 | $25.38<br>| 0.72<br>| &nbsp;&nbsp; (3.16) <br>| &nbsp;&nbsp; (2.44) <br>| &nbsp;&nbsp; (0.65) <br>| &nbsp;&nbsp; (0.28) <br>| &nbsp;&nbsp; (0.93) <br>|
| Year Ended 8/31/2021<sup>(e)</sup> <br>| $24.49<br>| 0.73<br>| 0.86<br>| 1.59<br>| &nbsp;&nbsp; (0.70) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (0.70) <br>|
| **Class S** | **Class S** | **Class S** | **Class S** | **Class S** | **Class S** | **Class S** | **Class S** |
| Year Ended 8/31/2025<sup>(f)</sup> <br>| $21.84<br>| 1.02<br>| &nbsp;&nbsp; (0.17 )<sup>(g)</sup><br>| 0.85<br>| &nbsp;&nbsp; (1.04) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1.04) <br>|

---

---

| | |
|:---|:---|
| **Notes to Financial Highlights**  | **Notes to Financial Highlights**  |
| (a) | In addition to the fees and expenses that the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of any other funds in which it invests. Such indirect expenses are not included in the Fund's reported expense ratios. |
| (b) | Total net expenses include the impact of certain fee waivers/expense reimbursements made by the Investment Manager and certain of its affiliates, if applicable.  |
| (c) | Ratios include interest on collateral expense. For the periods indicated below, if interest on collateral expense had been excluded, expenses would have been lower by: |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Class** | **8/31/2025** | **8/31/2024** | **8/31/2023** | **8/31/2022** | **8/31/2021** |
| Class A | 0.02% | &nbsp;&nbsp; 0.01% | &nbsp;&nbsp; 0.01% | &nbsp;&nbsp; 0.01% | less than 0.01% |
| Class C | 0.02% | &nbsp;&nbsp; 0.01% | &nbsp;&nbsp; 0.01% | &nbsp;&nbsp; 0.01% | less than 0.01% |
| Institutional Class | 0.02% | &nbsp;&nbsp; 0.01% | &nbsp;&nbsp; 0.01% | &nbsp;&nbsp; 0.01% | less than 0.01% |
| Institutional 2 Class | 0.02% | &nbsp;&nbsp; 0.01% | &nbsp;&nbsp; 0.01% | &nbsp;&nbsp; 0.01% | less than 0.01% |
| Institutional 3 Class | 0.02% | &nbsp;&nbsp; 0.01% | &nbsp;&nbsp; 0.01% | &nbsp;&nbsp; 0.01% | less than 0.01% |
| Class R | 0.02% | &nbsp;&nbsp; 0.01% | &nbsp;&nbsp; 0.01% | &nbsp;&nbsp; 0.01% | less than 0.01% |
| Class S | 0.02% | &nbsp;&nbsp; —% | &nbsp;&nbsp; —% | &nbsp;&nbsp; —% | &nbsp;&nbsp; —% |

---

&nbsp;&nbsp;&nbsp;&nbsp;(d) The benefits derived from expense reductions had an impact of less than 0.01%.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Per share amounts have been adjusted on a retroactive basis to reflect a 4 to 1 reverse
 stock split completed after the close of business on September 11, 2020.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Class S shares commenced operations on October 2, 2024. Per share data and total return
 reflect activity from that date.

&nbsp;&nbsp;&nbsp;&nbsp;(g) Calculation of the net gain (loss) per share (both realized and unrealized) does not
 correlate to the aggregate realized and unrealized gain (loss) presented in the Statement of Operations due to timing of Fund shares sold and redeemed in relation
 to fluctuations in the market value of the portfolio. For a new share class, the difference may be due to the timing of the commencement of operations for the share
 class.

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

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Financial Highlights (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Net** <br>**asset** <br>**value,** <br>**end of** <br>**period**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Total** <br>**return**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Net investment** <br>**income** <br>**ratio to** <br>**average** <br>**net assets**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Portfolio** <br>**turnover**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Net** <br>**assets,** <br>**end of** <br>**period** <br>**(000's)**<br>|
| **Class R** | **Class R** | **Class R** | **Class R** | **Class R** | **Class R** |
| Year Ended 8/31/2025 | &nbsp;&nbsp;&nbsp;&nbsp; $22.34<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.92%<br>&nbsp;&nbsp;&nbsp;&nbsp; 1.19% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 1.19% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 232%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $19557<br>|
| Year Ended 8/31/2024 | &nbsp;&nbsp;&nbsp;&nbsp; $22.31<br>| &nbsp;&nbsp;&nbsp;&nbsp; 10.28%<br>&nbsp;&nbsp;&nbsp;&nbsp; 1.18% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 1.18% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.19%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 272%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $17057<br>|
| Year Ended 8/31/2023 | &nbsp;&nbsp;&nbsp;&nbsp; $21.30<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%<br>&nbsp;&nbsp;&nbsp;&nbsp; 1.19% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 1.19% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 295%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $14943<br>|
| Year Ended 8/31/2022 | &nbsp;&nbsp;&nbsp;&nbsp; $22.01<br>| &nbsp;&nbsp;&nbsp;&nbsp; (9.83%) <br>&nbsp;&nbsp;&nbsp;&nbsp; 1.17% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 1.17% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.02%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 136%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $12686<br>|
|  Year Ended 8/31/2021 <br><sup>(e)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; $25.38<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6.62%<br>&nbsp;&nbsp;&nbsp;&nbsp; 1.17% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 1.17% <br><sup>(c),(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 2.89%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 126%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $16920<br>|
| **Class S** | **Class S** | **Class S** | **Class S** | **Class S** | **Class S** |
|  Year Ended 8/31/2025 <br><sup>(f)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; $21.65<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.08%<br>&nbsp;&nbsp;&nbsp;&nbsp; 0.70% <br><sup>(c)</sup><br>&nbsp;&nbsp;&nbsp;&nbsp; 0.69% <br><sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%<br>| &nbsp;&nbsp;&nbsp;&nbsp; 232%<br>| &nbsp;&nbsp;&nbsp;&nbsp; $23723<br>|

---

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Strategic Income Fund \| 2025

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Notes to Financial Statements

August 31, 2025

Note 1. Organization

Columbia Strategic Income Fund (the Fund), a series of Columbia Funds Series Trust I (the Trust), is a diversified fund. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust.

**Fund shares**

The Trust may issue an unlimited number of shares (without par value). The Fund offers each of the share classes listed in the Statement of Assets and Liabilities. Although all share classes generally have identical voting, dividend and liquidation rights, each share class votes separately when required by the Trust's organizational documents or by law. Each share class has its own expense and sales charge structure. Different share classes may have different minimum initial investment amounts and pay different net investment income distribution amounts to the extent the expenses of distributing such share classes vary. Distributions to shareholders in a liquidation will be proportional to the net asset value of each share class.

As described in the Fund's prospectus, Class A and Class C shares are offered to the general public for investment. Class C shares automatically convert to Class A shares after 8 years. Institutional Class, Institutional 2 Class, Institutional 3 Class, Class R and Class S shares are available for purchase through authorized investment professionals to omnibus retirement plans or to institutional investors and to certain other investors as also described in the Fund's prospectus. Class S shares commenced operations on October 2, 2024.

The Board of Trustees of the Fund approved a proposal to permit the exchange of Institutional Class shares held by certain financial intermediaries and omnibus group retirement plans, with specific permission from Columbia Management Investment Distributors, Inc., for newly created Class S shares. Effective on October 4, 2024, shares held by those certain Institutional Class shareholders of the Fund were exchanged for Class S shares of the Fund. This was a tax-free transaction for existing Institutional Class shareholders.

In addition, the Board of Trustees of the Fund approved the conversion of all Advisor Class shares of the Fund to Institutional Class shares of the Fund and the subsequent elimination of Advisor Class shares. Effective on November 22, 2024, Advisor Class shares of the Fund were converted to Institutional Class shares of the Fund. This was a tax-free transaction for existing Advisor Class shareholders.

Note 2. Summary of significant accounting policies

**Basis of preparation**

The Fund is an investment company that applies the accounting and reporting guidance in the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946, *Financial Services - Investment Companies* (ASC 946). The financial statements are prepared in accordance with U.S. generally accepted accounting principles (GAAP), which requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. Actual results could differ from those estimates.

The following is a summary of significant accounting policies followed by the Fund in the preparation of its financial statements.

**Segment reporting**

In this reporting period, the Fund adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures (ASU 2023-07). Adoption of the new standard impacted financial statement disclosures only and did not affect the Fund's financial position or its results of operations. The intent of the ASU 2023-07 is to enable investors to better understand an entity's overall performance and to assess its potential future cash flows through improved segment disclosures.

Columbia Strategic Income Fund \| 2025

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Notes to Financial Statements (continued)

August 31, 2025

The chief operating decision maker (CODM) for the Fund is Columbia Management Investment Advisers, LLC through its Investment Oversight Committee and Global Executive Group, which are responsible for assessing performance and making decisions about resource allocation. The CODM has determined that the Fund has a single operating segment because the CODM monitors the operating results of the Fund as a whole and the Fund's long-term strategic asset allocation is pre-determined in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the Fund's portfolio managers as a team. The financial information provided to and reviewed by the CODM is consistent with that presented within the Fund's financial statements.

**Security valuation**

Equity securities listed on an exchange are valued at the closing price or last trade price on their primary exchange at the close of business of the New York Stock Exchange. Securities with a closing price not readily available or not listed on any exchange are valued at the mean between the closing bid and ask prices. Listed preferred stocks convertible into common stocks are valued using an evaluated price from a pricing service.

Debt securities generally are valued based on prices obtained from pricing services, which are intended to reflect market transactions for normal, institutional-size trading units of similar securities. The services may use various pricing techniques that take into account, as applicable, factors such as yield, quality, coupon rate, maturity, type of issue, trading characteristics and other data, as well as approved independent broker-dealer quotes. Debt securities for which quotations are not readily available or not believed to be reflective of market value may also be valued based upon a bid quote from an approved independent broker-dealer. Debt securities maturing in 60 days or less are valued primarily at amortized market value, unless this method results in a valuation that management believes does not approximate fair value.

Asset- and mortgage-backed securities are generally valued by pricing services, which utilize pricing models that incorporate the securities' cash flow and loan performance data. These models also take into account available market data, including trades, market quotations, and benchmark yield curves for identical or similar securities. Factors used to identify similar securities may include, but are not limited to, issuer, collateral type, vintage, prepayment speeds, collateral performance, credit ratings, credit enhancement and expected life. Asset-backed securities for which quotations are readily available may also be valued based upon an over-the-counter or exchange bid quote from an approved independent broker-dealer. Debt securities maturing in 60 days or less are valued primarily at amortized market value, unless this method results in a valuation that management believes does not approximate fair value.

Senior loan securities for which reliable market quotations are readily available are generally valued by pricing services at the average of the bids received.

Foreign equity securities are valued based on the closing price or last trade price on their primary exchange at the close of business of the New York Stock Exchange. If any foreign equity security closing prices are not readily available, the securities are valued at the mean of the latest quoted bid and ask prices on such exchanges or markets. Foreign currency exchange rates are determined at the scheduled closing time of the New York Stock Exchange. Many securities markets and exchanges outside the U.S. close prior to the close of the New York Stock Exchange; therefore, the closing prices for securities in such markets or on such exchanges may not fully reflect events that occur after such close but before the close of the New York Stock Exchange. In those situations, foreign securities will be fair valued pursuant to a policy approved by the Board of Trustees. Under the policy, the Fund may utilize a third-party pricing service to determine these fair values. The third-party pricing service takes into account multiple factors, including relevant general and sector indices, currency fluctuations, depositary receipts, and futures, as applicable, to determine a good faith estimate that reasonably reflects the current market conditions as of the close of the New York Stock Exchange. The fair value of a security is likely to be different from the quoted or published price, if available.

Investments in open-end investment companies (other than exchange-traded funds (ETFs)), are valued at the latest net asset value reported by those companies as of the valuation time.

Forward foreign currency exchange contracts are marked-to-market based upon foreign currency exchange rates provided by a pricing service.

Columbia Strategic Income Fund \| 2025

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Notes to Financial Statements (continued)

August 31, 2025

Futures and options on futures contracts are valued based upon the settlement price at the close of regular trading on their principal exchanges or, in the absence of a settlement price, at the mean of the latest quoted bid and ask prices.

Option contracts are valued at the mean of the latest quoted bid and ask prices on their primary exchanges. Option contracts, including over-the-counter option contracts, with no readily available market quotations are valued using mid-market evaluations from independent third-party vendors.

Swap transactions are valued through an independent pricing service or broker, or if neither is available, through an internal model based upon observable inputs.

Investments for which market quotations are not readily available, or that have quotations which management believes are not reflective of market value or reliable, are valued at fair value as determined in good faith under procedures approved by the Board of Trustees. If a security or class of securities (such as foreign securities) is valued at fair value, such value is likely to be different from the quoted or published price for the security, if available.

The determination of fair value often requires significant judgment. To determine fair value, management may use assumptions including but not limited to future cash flows and estimated risk premiums. Multiple inputs from various sources may be used to determine fair value.

GAAP requires disclosure regarding the inputs and valuation techniques used to measure fair value and any changes in valuation inputs or techniques. In addition, investments shall be disclosed by major category. This information is disclosed following the Fund's Portfolio of Investments.

**Foreign currency transactions and translations** 

The values of all assets and liabilities denominated in foreign currencies are generally translated into U.S. dollars at exchange rates determined at the close of regular trading on the New York Stock Exchange. Net realized and unrealized gains (losses) on foreign currency transactions and translations include gains (losses) arising from the fluctuation in exchange rates between trade and settlement dates on securities transactions, gains (losses) arising from the disposition of foreign currency and currency gains (losses) between the accrual and payment dates on dividends, interest income and foreign withholding taxes.

For financial statement purposes, the Fund does not distinguish that portion of gains (losses) on investments which is due to changes in foreign exchange rates from that which is due to changes in market prices of the investments. Such fluctuations are included with the net realized and unrealized gains (losses) on investments in the Statement of Operations.

**Derivative instruments**

The Fund invests in certain derivative instruments, as detailed below, in seeking to meet its investment objectives. Derivatives are instruments whose values depend on, or are derived from, in whole or in part, the value of one or more securities, currencies, commodities, indices, or other assets or instruments. Derivatives may be used to increase investment flexibility (including to maintain cash reserves while maintaining desired exposure to certain assets), for risk management (hedging) purposes, to facilitate trading, to reduce transaction costs and to pursue higher investment returns. The Fund may also use derivative instruments to mitigate certain investment risks, such as foreign currency exchange rate risk, interest rate risk and credit risk. Derivatives may involve various risks, including the potential inability of the counterparty to fulfill its obligations under the terms of the contract, the potential for an illiquid secondary market (making it difficult for the Fund to sell or terminate, including at favorable prices) and the potential for market movements which may expose the Fund to gains or losses in excess of the amount shown in the Statement of Assets and Liabilities. The notional exposure of a financial instrument is the nominal or face amount that is used to calculate payments made on that instrument and/or changes in value for the instrument. The notional exposure is a hypothetical underlying quantity upon which payment obligations are computed. Notional exposures provide a gauge for how the Fund may behave given changes in the underlying rate, asset or reference instrument and individual markets. The notional amounts of derivative instruments, if applicable, are not recorded in the financial statements.

Columbia Strategic Income Fund \| 2025

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Notes to Financial Statements (continued)

August 31, 2025

A derivative instrument may suffer a marked-to-market loss if the value of the contract decreases due to an unfavorable change in the market rates or values of the underlying instrument. Losses can also occur if the counterparty does not perform its obligations under the contract. The Fund's risk of loss from counterparty credit risk on over-the-counter derivatives is generally expected to be limited to the aggregate unrealized gain netted against any collateral held by the Fund and the amount of any variation margin held by the counterparty, plus any replacement costs or related amounts. With exchange-traded or centrally cleared derivatives, there is reduced counterparty credit risk to the Fund since the clearinghouse or central counterparty provides some protection in the case of clearing member default. The clearinghouse or central counterparty stands between the buyer and the seller of the contract; therefore, failure of the clearinghouse or central counterparty may pose additional counterparty credit risk. However, credit risk still exists in exchange-traded or centrally cleared derivatives with respect to initial and variation margin that is held in a broker's customer account. While clearing brokers are required to segregate customer margin from their own assets, in the event that a clearing broker becomes insolvent or goes into bankruptcy and at that time there is a shortfall in the aggregate amount of margin held by the clearing broker for all its clients and such shortfall is remedied by the central counterparty or otherwise, U.S. bankruptcy laws will typically allocate that shortfall on a pro-rata basis across all the clearing broker's customers (including the Fund), potentially resulting in losses to the Fund.

In order to better define its contractual rights and to secure rights that will help the Fund mitigate its counterparty risk in respect of over-the-counter derivatives, the Fund may enter into an International Swaps and Derivatives Association, Inc. Master Agreement (ISDA Master Agreement) or similar agreement with its derivatives counterparties. An ISDA Master Agreement is an agreement between the Fund and a counterparty that governs over-the-counter derivatives and foreign exchange forward contracts and contains, among other things, collateral posting terms and netting provisions in the event of a default and/or termination event. Under an ISDA Master Agreement, the Fund may, under certain circumstances, offset with the counterparty certain derivative instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default (close-out netting), including the bankruptcy or insolvency of the counterparty. Note, however, that bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset or netting in bankruptcy, insolvency or other events.

Collateral (margin) requirements differ by type of derivative. Margin requirements are established by the clearinghouse or central counterparty for exchange-traded and centrally cleared derivatives. Brokers can ask for margin in excess of the minimum in certain circumstances. Collateral terms for most over-the-counter derivatives are subject to regulatory requirements to exchange variation margin with trading counterparties and may have contract specific margin terms as well. For over-the-counter derivatives traded under an ISDA Master Agreement, the collateral requirements are typically calculated by netting the marked-to-market amount for each transaction under such agreement and comparing that amount to the value of any variation margin currently pledged by the Fund and/or the counterparty. Generally, the amount of collateral due from or to a party has to exceed a minimum transfer amount threshold (e.g., $250,000) before a transfer has to be made. To the extent amounts due to the Fund from its counterparties are not fully collateralized, contractually or otherwise, the Fund bears the risk of loss from counterparty nonperformance. The Fund may also pay interest expense on cash collateral received from the broker or receive interest income on cash collateral pledged to the broker. The Fund attempts to mitigate counterparty risk by only entering into agreements with counterparties that it believes have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties.

Certain ISDA Master Agreements allow counterparties of over-the-counter derivatives transactions to terminate derivatives contracts prior to maturity in the event the Fund's net asset value declines by a stated percentage over a specified time period or if the Fund fails to meet certain terms of the ISDA Master Agreement, which would cause the Fund to accelerate payment of any net liability owed to the counterparty. The Fund also has termination rights if the counterparty fails to meet certain terms of the ISDA Master Agreement. In determining whether to exercise such termination rights, the Fund would consider, in addition to counterparty credit risk, whether termination would result in a net liability owed from the counterparty.

For financial reporting purposes, the Fund does not offset derivative assets and derivative liabilities that are subject to netting arrangements in the Statement of Assets and Liabilities.

Columbia Strategic Income Fund \| 2025

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Notes to Financial Statements (continued)

August 31, 2025

**Forward foreign currency exchange contracts** 

Forward foreign currency exchange contracts are over-the-counter agreements between two parties to buy and sell a currency at a set price on a future date. The Fund utilized forward foreign currency exchange contracts to hedge the currency exposure associated with some or all of the Fund's securities. These instruments may be used for other purposes in future periods.

The values of forward foreign currency exchange contracts fluctuate daily with changes in foreign currency exchange rates. Changes in the value of these contracts are recorded as unrealized appreciation or depreciation until the contract is exercised or has expired. The Fund will realize a gain or loss when the forward foreign currency exchange contract is closed or expires. Non-deliverable forward foreign currency exchange contracts are settled with the counterparty in U.S. dollars without delivery of foreign currency.

The use of forward foreign currency exchange contracts does not eliminate fluctuations in the prices of the Fund's portfolio securities. The risks of forward foreign currency exchange contracts include movement in the values of the foreign currencies relative to the U.S. dollar (or other foreign currencies) and the possibility that counterparties will not complete their contractual obligations, which may be in excess of the amount reflected, if any, in the Statement of Assets and Liabilities.

**Futures contracts**

Futures contracts are exchange-traded and represent commitments for the future purchase or sale of an asset at a specified price on a specified date. The Fund bought and sold futures contracts to manage the duration and yield curve exposure of the Fund versus the benchmark. These instruments may be used for other purposes in future periods. Upon entering into futures contracts, the Fund bears risks that it may not achieve the anticipated benefits of the futures contracts and may realize a loss. Additional risks include counterparty credit risk, the possibility of an illiquid market, and that a change in the value of the contract or option may not correlate with changes in the value of the underlying asset.

Upon entering into a futures contract, the Fund deposits cash or securities with the broker, known as a futures commission merchant (FCM), in an amount sufficient to meet the initial margin requirement. The initial margin deposit must be maintained at an established level over the life of the contract. Cash deposited as initial margin is recorded in the Statement of Assets and Liabilities as margin deposits. Securities deposited as initial margin are designated in the Portfolio of Investments. Subsequent payments (variation margin) are made or received by the Fund each day. The variation margin payments are equal to the daily change in the contract value and are recorded as variation margin receivable or payable and are offset in unrealized gains or losses. The Fund generally expects to earn interest income on its margin deposits. The Fund recognizes a realized gain or loss when the contract is closed or expires. Futures contracts involve, to varying degrees, risk of loss in excess of the variation margin disclosed in the Statement of Assets and Liabilities.

**Options contracts**

Options are contracts which entitle the holder to purchase or sell securities or other identified assets at a specified price, or in the case of index option contracts, to receive or pay the difference between the index value and the strike price of the index option contract. Option contracts can be either exchange-traded or over-the-counter. The Fund purchased and has written option contracts to manage exposure to fluctuations in interest rates. These instruments may be used for other purposes in future periods. Completion of transactions for option contracts traded in the over-the-counter market depends upon the performance of the other party. Collateral may be collected or posted by the Fund to secure over-the-counter option contract trades. Collateral held or posted by the Fund for such option contract trades must be returned to the broker or the Fund upon closure, exercise or expiration of the contract.

Options contracts purchased are recorded as investments. When the Fund writes an options contract, the premium received is recorded as an asset and an amount equivalent to the premium is recorded as a liability in the Statement of Assets and Liabilities and is subsequently adjusted to reflect the current fair value of the option written. Changes in the fair value of the written option are recorded as unrealized appreciation or depreciation until the contract is exercised or has expired. The Fund realizes a gain or loss when the option contract is closed or expires. When option contracts are exercised, the proceeds on sales for a written call or purchased put option contract, or the purchase cost for a written put or purchased call option contract, is adjusted by the amount of premium received or paid.

Columbia Strategic Income Fund \| 2025

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Notes to Financial Statements (continued)

August 31, 2025

For over-the-counter options purchased, the Fund bears the risk of loss of the amount of the premiums paid plus the positive change in market values net of any collateral held by the Fund should the counterparty fail to perform under the contracts. Option contracts written by the Fund do not typically give rise to significant counterparty credit risk, as options written generally obligate the Fund and not the counterparty to perform. The risk in writing a call option contract is that the Fund gives up the opportunity for profit if the market price of the security increases above the strike price and the option contract is exercised. The risk in writing a put option contract is that the Fund may incur a loss if the market price of the security decreases below the strike price and the option contract is exercised. Exercise of a written option could result in the Fund purchasing or selling a security or foreign currency when it otherwise would not, or at a price different from the current market value. In purchasing and writing options, the Fund bears the risk of an unfavorable change in the value of the underlying instrument or the risk that the Fund may not be able to enter into a closing transaction due to an illiquid market.

**Interest rate swaption contracts** 

Interest rate swaption contracts entered into by the Fund typically represent an option that gives the purchaser the right, but not the obligation, to enter into an interest rate swap contract on a future date. Each interest rate swaption contract will specify if the buyer is entitled to receive the fixed or floating rate if the interest rate is exercised. Changes in the value of purchased interest rate swaption contracts are reported as unrealized appreciation or depreciation on options in the Statement of Assets and Liabilities. Gain or loss is recognized in the Statement of Operations when the interest rate swaption contract is closed or expires.

When the Fund writes an interest rate swaption contract, the premium received is recorded as an asset and an amount equivalent to the premium is recorded as a liability in the Statement of Assets and Liabilities and is subsequently adjusted to reflect the current fair value of the interest rate swaption contract written. Premiums received from writing interest rate swaption contracts that expire unexercised are recorded by the Fund on the expiration date as realized gains from options written in the Statement of Operations. The difference between the premium and the amount paid on effecting a closing purchase transaction, including brokerage commissions, is also recorded as realized gain, or if the premium is less than the amount paid for the closing purchase, as realized loss. These amounts are reflected as net realized gain (loss) on options written in the Statement of Operations.

**Swap contracts**

Swap contracts are negotiated in the over-the-counter market and are entered into bilaterally or centrally cleared (centrally cleared swap contract). In a centrally cleared swap contract, immediately following execution of the swap contract with a broker, the swap contract is novated to a central counterparty and the central counterparty becomes the Fund's counterparty to the centrally cleared swap contract. The Fund is required to deposit initial margin with the futures commission merchant (FCM), which pledges it through to the central counterparty in the form of cash or securities in an amount that varies depending on the size and risk profile of the particular swap contract. Securities deposited as initial margin are designated in the Portfolio of Investments and cash deposited is recorded in the Statement of Assets and Liabilities as margin deposits. For a bilateral swap contract, the Fund has credit exposure to the broker, but exchanges daily variation margin with the broker based on the mark-to-market value of the swap contract to minimize that exposure. For centrally cleared swap contracts, there is less credit exposure to the FCM than in the case of an over-the-counter derivative, because the central counterparty stands between the Fund and the relevant buyer/seller on the other side of the contract. Swap contracts are marked-to-market daily and changes in value are recorded as unrealized appreciation (depreciation). The daily change in valuation of centrally cleared swap contracts, if any, is recorded as a receivable or payable for variation margin in the Statement of Assets and Liabilities.

Entering into these contracts involves, to varying degrees, elements of interest, liquidity and counterparty credit risk in excess of the amounts recognized in the Statement of Assets and Liabilities. Such risks involve the possibility that there may be unfavorable changes in interest rates, market conditions or other conditions, that it may be difficult to initiate a swap transaction or liquidate a position at an advantageous time or price which may result in significant losses, and that the bilateral counterparty, FCM or central counterparty, as applicable, may not fulfill its obligation under the contract.

Columbia Strategic Income Fund \| 2025

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Notes to Financial Statements (continued)

August 31, 2025

**Credit default swap contracts**

The Fund entered into credit default swap contracts to increase or decrease its credit exposure to an index. These instruments may be used for other purposes in future periods. Credit default swap contracts are transactions in which one party pays fixed periodic payments to a counterparty in consideration for an agreement from the counterparty to make a specific payment should a specified credit event(s) take place. Although specified credit events are contract specific, credit events are typically bankruptcy, failure to pay, restructuring, obligation acceleration, obligation default, or repudiation/moratorium.

As the purchaser of a credit default swap contract, the Fund purchases protection by paying a periodic interest rate on the notional amount to the counterparty. The interest amount is accrued daily as a component of unrealized appreciation (depreciation) and is recorded as a realized loss upon payment. If a credit event as specified in the contract occurs, the Fund may have the option either to deliver the reference obligation to the seller in exchange for a cash payment of its par amount, or to receive a net cash settlement equal to the par amount less an agreed-upon value of the reference obligation as of the date of the credit event. The difference between the value of the obligation or cash delivered and the notional amount received will be recorded as a realized gain (loss).

As the seller of a credit default swap contract, the Fund sells protection to a buyer and will generally receive a periodic interest rate on a notional amount. The interest amount is accrued daily as a component of unrealized appreciation (depreciation) and is recorded as a realized gain upon receipt of the payment. If a credit event as specified in the contract with the counterparty occurs, the Fund may either be required to accept the reference obligation from the buyer in exchange for a cash payment of its notional amount, or to pay the buyer a net cash settlement equal to the notional amount less an agreed-upon value of the reference obligation (recovery value) as of the date of the credit event. The difference between the value of the obligation or cash received and the notional amount paid will be recorded as a realized gain (loss). The maximum potential amount of undiscounted future payments the Fund could be required to make as the seller of protection under a credit default swap contract is equal to the notional amount of the reference obligation. These potential amounts may be partially offset by any recovery values of the respective reference obligations or upfront receipts upon entering into the agreement. The notional amounts and market values of all credit default swap contracts in which the Fund is the seller of protection, if any, are disclosed in the Credit Default Swap Contracts Outstanding schedule following the Portfolio of Investments.

As a protection seller, the Fund bears the risk of loss from the credit events specified in the contract with the counterparty. For credit default swap contracts on credit indices, quoted market prices and resulting market values serve as an indicator of the current status of the payment/performance risk. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the reference entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the contract.

Any upfront payment or receipt by the Fund upon entering into a credit default swap contract is recorded as an asset or liability, respectively, and amortized daily as a component of realized gain (loss) in the Statement of Operations. Credit default swap contracts are valued daily, and the change in value is recorded as unrealized appreciation (depreciation) until the termination of the swap, at which time a realized gain (loss) is recorded.

Credit default swap contracts can involve greater risks than if a fund had invested in the reference obligation directly since, in addition to general market risks, credit default swaps are subject to other risks including counterparty credit risk, leverage risk, hedging risk, correlation risk and liquidity risk.

**Interest rate and inflation rate swap contracts**

The Fund entered into interest rate swap transactions or inflation rate swap contracts (together, rate swaps) to manage interest rate and market risk exposure to produce incremental earnings. These instruments may be used for other purposes in future periods. A rate swap is an agreement between two parties where there are two flows and payments are made between the two counterparties and the payments are dependent upon changes in an interest rate, inflation rate or inflation index calculated on a notional amount. Certain rate swaps are considered forward-starting, whereby the accrual for the

Columbia Strategic Income Fund \| 2025

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Notes to Financial Statements (continued)

August 31, 2025

exchange of cash flows does not begin until a specified date in the future. The net cash flow for a standard rate swap is generally the difference between a floating market interest rate or floating rate linked to an inflation index versus a fixed interest rate as applied to the notional amount.

Rate swaps are valued daily and unrealized appreciation (depreciation) is recorded. Certain rate swaps may accrue periodic interest on a daily basis as a component of unrealized appreciation (depreciation); the Fund will realize a gain or loss upon the payment or receipt of accrued interest. The Fund will realize a gain or a loss when the rate swap is terminated.

**Effects of derivative transactions in the financial statements**

The following tables are intended to provide additional information about the effect of derivatives on the financial statements of the Fund, including: the fair value of derivatives by risk category and the location of those fair values in the Statement of Assets and Liabilities; and the impact of derivative transactions over the period in the Statement of Operations, including realized and unrealized gains (losses). The derivative instrument schedules following the Portfolio of Investments present additional information regarding derivative instruments outstanding at the end of the period, if any.

The following table is a summary of the fair value of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) at August 31, 2025:

---

| | | |
|:---|:---|:---|
|  | **Asset derivatives** |  |
| **Risk exposure** <br>**category**<br>| &nbsp;&nbsp; **Statement** <br>**of assets and liabilities** <br>**location**<br>| **Fair value ($)** |
| Credit risk | Component of total distributable earnings (loss) — unrealized appreciation on swap contracts | &nbsp;&nbsp;&nbsp;&nbsp; 2,308,044<br> \*<br>|
| Credit risk | Upfront payments on swap contracts | &nbsp;&nbsp;&nbsp;&nbsp; 9130339 |
| Interest rate risk | Component of total distributable earnings (loss) — unrealized appreciation on futures contracts | &nbsp;&nbsp;&nbsp;&nbsp; 10,471,933<br> \*<br>|
| Interest rate risk | Investments, at value — Option contracts purchased | &nbsp;&nbsp;&nbsp;&nbsp; 43964627 |
| Interest rate risk | Component of total distributable earnings (loss) — unrealized appreciation on swap contracts | &nbsp;&nbsp;&nbsp;&nbsp; 21,582,488<br> \*<br>|
| Total |  | &nbsp;&nbsp;&nbsp;&nbsp; 87457431 |

---

---

| | | |
|:---|:---|:---|
|  | **Liability derivatives** |  |
| **Risk exposure** <br>**category**<br>| &nbsp;&nbsp; **Statement** <br>**of assets and liabilities** <br>**location**<br>| **Fair value ($)** |
| Credit risk | Component of total distributable earnings (loss) — unrealized depreciation on swap contracts | &nbsp;&nbsp;&nbsp;&nbsp; 5,154,671<br> \*<br>|
| Credit risk | Upfront receipts on swap contracts | &nbsp;&nbsp;&nbsp;&nbsp; 9030775 |
| Foreign exchange risk | Unrealized depreciation on forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp; 460828 |
| Interest rate risk | Component of total distributable earnings (loss) — unrealized depreciation on futures contracts | &nbsp;&nbsp;&nbsp;&nbsp; 13,210,149<br> \*<br>|
| Interest rate risk | Option contracts written, at value | &nbsp;&nbsp;&nbsp;&nbsp; 3146040 |
| Total |  | &nbsp;&nbsp;&nbsp;&nbsp; 31002463 |

---

\* Includes cumulative appreciation (depreciation) as reported in the tables following the Portfolio of Investments. Only the current day's variation margin for futures and centrally cleared swaps, if any, is reported in receivables or payables in the Statement of Assets and Liabilities.

Columbia Strategic Income Fund \| 2025

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Notes to Financial Statements (continued)

August 31, 2025

The following table indicates the effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) in the Statement of Operations for the year ended August 31, 2025:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Amount of realized gain (loss) on derivatives recognized in income** | **Amount of realized gain (loss) on derivatives recognized in income** | **Amount of realized gain (loss) on derivatives recognized in income** | **Amount of realized gain (loss) on derivatives recognized in income** | **Amount of realized gain (loss) on derivatives recognized in income** | **Amount of realized gain (loss) on derivatives recognized in income** | **Amount of realized gain (loss) on derivatives recognized in income** |
| **Risk exposure category** | **Forward** <br>**foreign** <br>**currency** <br>**exchange** <br>**contracts** <br>**($)**<br>| &nbsp;&nbsp;&nbsp; **Futures** <br>**contracts** <br>**($)**<br>| &nbsp;&nbsp;&nbsp; **Option** <br>**contracts** <br>**purchased** <br>**($)**<br>| &nbsp;&nbsp;&nbsp; **Option** <br>**contracts** <br>**written** <br>**($)**<br>| &nbsp;&nbsp;&nbsp; **Swap** <br>**contracts** <br>**($)**<br>| &nbsp;&nbsp;&nbsp; **Total** <br>**($)**<br>|
| Credit risk | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2520958)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (2520958)<br>|
| Foreign exchange risk | &nbsp;&nbsp; (1029891)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1029891)<br>|
| Interest rate risk | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (20308685)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (12601909)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6365567 | &nbsp;&nbsp;&nbsp;&nbsp; 19280199 | &nbsp;&nbsp;&nbsp;&nbsp; (7264828)<br>|
| Total | &nbsp;&nbsp; (1029891)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (20308685)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (12601909)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6365567 | &nbsp;&nbsp;&nbsp;&nbsp; 16759241 | &nbsp;&nbsp;&nbsp;&nbsp; (10815677)<br>|
| **Change in unrealized appreciation (depreciation) on derivatives recognized in income** | **Change in unrealized appreciation (depreciation) on derivatives recognized in income** | **Change in unrealized appreciation (depreciation) on derivatives recognized in income** | **Change in unrealized appreciation (depreciation) on derivatives recognized in income** | **Change in unrealized appreciation (depreciation) on derivatives recognized in income** | **Change in unrealized appreciation (depreciation) on derivatives recognized in income** | **Change in unrealized appreciation (depreciation) on derivatives recognized in income** |
| **Risk exposure category** | **Forward** <br>**foreign** <br>**currency** <br>**exchange** <br>**contracts** <br>**($)**<br>| &nbsp;&nbsp;&nbsp; **Futures** <br>**contracts** <br>**($)**<br>| &nbsp;&nbsp;&nbsp; **Option** <br>**contracts** <br>**purchased** <br>**($)**<br>| &nbsp;&nbsp;&nbsp; **Option** <br>**contracts** <br>**written** <br>**($)**<br>| &nbsp;&nbsp;&nbsp; **Swap** <br>**contracts** <br>**($)**<br>| &nbsp;&nbsp;&nbsp; **Total** <br>**($)**<br>|
| Credit risk | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1724843 | &nbsp;&nbsp;&nbsp;&nbsp; 1724843 |
| Foreign exchange risk | &nbsp;&nbsp; (392150)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (392150)<br>|
| Interest rate risk | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2335273)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (44456276)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6853123 | &nbsp;&nbsp;&nbsp;&nbsp; 6229033 | &nbsp;&nbsp;&nbsp;&nbsp; (33709393)<br>|
| Total | &nbsp;&nbsp; (392150)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (2335273)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (44456276)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6853123 | &nbsp;&nbsp;&nbsp;&nbsp; 7953876 | &nbsp;&nbsp;&nbsp;&nbsp; (32376700)<br>|

---

The following table is a summary of the average daily outstanding volume by derivative instrument for the year ended August 31, 2025:

---

| | |
|:---|:---|
| **Derivative instrument** | **Average notional** <br>**amounts ($)**<br>|
| Futures contracts — long | 2545071014 |
| Futures contracts — short | 2959926778 |
| Credit default swap contracts — buy protection | 68682712 |
| Credit default swap contracts — sell protection | 108662986 |

---

---

| | |
|:---|:---|
| **Derivative instrument** | **Average** <br>**value ($)**<br>|
| Option contracts purchased | 27008563 |
| Option contracts written | (2671677)<br>|

---

---

| | | |
|:---|:---|:---|
| **Derivative instrument** | **Average unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Average unrealized** <br>**depreciation ($)**<br>|
| Forward foreign currency exchange contracts | &nbsp;&nbsp; 196833 | &nbsp;&nbsp;&nbsp;&nbsp; (385079)<br>|
| Interest rate swap contracts | &nbsp;&nbsp; 24473816 | &nbsp;&nbsp;&nbsp;&nbsp; (500441)<br>|

---

**Investments in senior loans** 

The Fund may invest in senior loan assignments. When the Fund purchases an assignment of a senior loan, the Fund typically has direct rights against the borrower; provided, however, that the Fund's rights may be more limited than the lender from which it acquired the assignment and the Fund may be able to enforce its rights only through an administrative agent. Although certain senior loan assignments are secured by collateral, the Fund could experience delays or limitations in realizing such collateral or have its interest subordinated to other indebtedness of the obligor. In the event that the administrator or collateral agent of a loan becomes insolvent or enters into receivership or bankruptcy, the Fund may incur costs and delays in realizing payment or may suffer a loss of principal and/or interest. The risk of loss is greater for

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Notes to Financial Statements (continued)

August 31, 2025

unsecured or subordinated loans. In addition, senior loan assignments are vulnerable to market, economic or other conditions or events that may reduce the demand for senior loan assignments and certain senior loan assignments which were liquid when purchased, may become illiquid.

The Fund may enter into senior loan assignments where all or a portion of the loan may be unfunded. The Fund is obligated to fund these commitments at the borrower's discretion. These commitments, if any, are generally traded and priced in the same manner as other senior loan securities and are disclosed as unfunded senior loan commitments in the Fund's Portfolio of Investments with a corresponding payable for investments purchased. The Fund designates cash or liquid securities to cover these commitments.

**Asset- and mortgage-backed securities** 

The Fund may invest in asset-backed and mortgage-backed securities. The maturity dates shown represent the original maturity of the underlying obligation. Actual maturity may vary based upon prepayment activity on these obligations. All, or a portion, of the obligation may be prepaid at any time because the underlying asset may be prepaid. As a result, decreasing market interest rates could result in an increased level of prepayment. An increased prepayment rate will have the effect of shortening the maturity of the security. Unless otherwise noted, the coupon rates presented are fixed rates.

**Delayed delivery securities**

The Fund may trade securities on other than normal settlement terms, including securities purchased or sold on a "when-issued" or "forward commitment" basis. This may increase risk to the Fund since the other party to the transaction may fail to deliver, which could cause the Fund to subsequently invest at less advantageous prices. The Fund designates cash or liquid securities in an amount equal to the delayed delivery commitment.

**To be announced securities** 

The Fund may trade securities on a To Be Announced (TBA) basis. As with other delayed-delivery transactions, a seller agrees to issue a TBA security at a future date. However, the seller does not specify the particular securities to be delivered. Instead, the Fund agrees to accept any security that meets specified terms.

In some cases, Master Securities Forward Transaction Agreements (MSFTAs) may be used to govern transactions of certain forward-settling agency mortgage-backed securities, such as delayed-delivery and TBAs, between the Fund and counterparty. The MSFTA maintains provisions for, among other things, initiation and confirmation, payment and transfer, events of default, termination, and maintenance of collateral relating to such transactions.

**Mortgage dollar roll transactions**

The Fund may enter into mortgage "dollar rolls" in which the Fund sells securities for delivery in the current month and simultaneously contracts with the same counterparty to repurchase similar but not identical securities (same type, coupon and maturity) on a specified future date. These transactions may increase the Fund's portfolio turnover rate. During the roll period, the Fund loses the right to receive principal and interest paid on the securities sold. However, the Fund may benefit because it receives negotiated amounts in the form of reductions of the purchase price for the future purchase plus the interest earned on the cash proceeds of the securities sold until the settlement date of the forward purchase. The Fund records the incremental difference between the forward purchase and sale of each forward roll as a realized gain or loss. Unless any realized gains exceed the income, capital appreciation, and gain or loss due to mortgage prepayments that would have been realized on the securities sold as part of the mortgage dollar roll, the use of this technique may diminish the investment performance of the Fund compared to what the performance would have been without the use of mortgage dollar rolls. Mortgage dollar rolls involve the risk that the market value of the securities the Fund is obligated to repurchase may decline below the repurchase price, or that the counterparty may default on its obligations. All cash proceeds will be invested in instruments that are permissible investments for the Fund. The Fund identifies cash or liquid securities in an amount equal to the forward purchase price. The Fund does not currently enter into mortgage dollar rolls that are accounted for as financing transactions.

Columbia Strategic Income Fund \| 2025

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Notes to Financial Statements (continued)

August 31, 2025

**Joint venture** 

Long Run Partners (LRP) and the Fund, along with certain other affiliated funds, are members of Itasca Park LLC, a joint venture formed as a Delaware limited liability company that is not consolidated by any member for financial reporting purposes. Investments into Itasca Park LLC will be called from the members over a commitment period to end on December 31, 2026 (Commitment Period). All portfolio and other material decisions regarding Itasca Park LLC must be submitted to Itasca Park LLC's board of directors which is comprised of two LRP representatives and one representative for each of the affiliated investing funds. Because management of Itasca Park LLC is shared between LRP and the other members, the Fund does not believe it controls Itasca Park LLC for purposes of the Investment Company Act or otherwise. The Fund does not consider this non-consolidated investment as a significant subsidiary under Regulation S-X Rules 3-09 and 4-08(g).

The Fund has made a commitment of $25,000,000 to Itasca Park LLC of which $0 has been funded and $25,000,000 remains unfunded for the year ended August 31, 2025

Funded investments in non-consolidated joint ventures are stated at fair value. Unfunded investments are stated at cost with a corresponding liability for securities purchased on a delayed delivery basis. The Fund's ownership interests are valued based on the Fund's ownership interest in Itasca Park LLC and the fair value of the underlying loans and residential mortgages, using the same techniques as described within this Note. Any other factors, such as ownership percentage, ownership rights, buy/sell agreements, distribution provisions, and capital call obligations are also considered.

Distributions to the Fund are not expected during the Commitment Period. During the Commitment Period, all available cash will be used to aggregate additional loans. Upon completion of the Commitment Period, available cash will be distributed first based on pro-rata equity ownership in Itasca Park LLC until all capital contributions have been returned then as income and gain distributions. Itasca Park LLC will return capital within 48 months of the completion of the Commitment Period with two, 12-month extension options.

**Interest only and principal only securities** 

The Fund may invest in Interest Only (IO) or Principal Only (PO) securities. IOs are stripped securities entitled to receive all of the security's interest, but none of its principal. IOs are particularly sensitive to changes in interest rates and therefore subject to greater fluctuations in price than typical interest bearing debt securities. IOs are also subject to credit risk because the Fund may not receive all or part of the interest payments if the issuer, obligor, guarantor or counterparty defaults on its obligation. Payments received for IOs are included in interest income in the Statement of Operations. Because no principal will be received at the maturity of an IO, adjustments are made to the cost of the security on a monthly basis until maturity. These adjustments are included in interest income in the Statement of Operations. POs are stripped securities entitled to receive the principal from the underlying obligation, but not the interest. POs are particularly sensitive to changes in interest rates and therefore are subject to fluctuations in price. POs are also subject to credit risk because the Fund may not receive all or part of its principal if the issuer, obligor, guarantor or counterparty defaults on its obligation. The Fund may also invest in IO or PO stripped mortgage-backed securities. Payments received for POs are treated as reductions to the cost and par value of the securities.

Columbia Strategic Income Fund \| 2025

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Notes to Financial Statements (continued)

August 31, 2025

**Offsetting of assets and liabilities** 

The following table presents the Fund's gross and net amount of assets and liabilities available for offset under netting arrangements with counterparties as well as any related collateral received or pledged by the Fund as of August 31, 2025:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Citi**<sup>(a)</sup> <br>| **Citi**<sup>(a)</sup> <br>| **Goldman** <br>**Sachs** <br>**International**<br>| **JPMorgan** | **Morgan** <br>**Stanley**<sup>(a)</sup> <br>| **Morgan** <br>**Stanley**<sup>(a)</sup> <br>| **Total** |
| **Assets** |  |  |  |  |  |  |  |
| Centrally cleared interest rate swap contracts <sup>(b)</sup> <br>| $&nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 268901<br>| &nbsp;&nbsp; 268901<br>|
| Call option contracts purchased | &nbsp;&nbsp; 728407<br>|  | &nbsp;&nbsp; 6685418<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 21916720<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 29330545<br>|
| Put option contracts purchased | &nbsp;&nbsp; 741936<br>|  | &nbsp;&nbsp; 1150083<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 12742063<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 14634082<br>|
| OTC credit default swap contracts <sup>(c)</sup> <br>|  | &nbsp;&nbsp; 5908895<br>| &nbsp;&nbsp; 856967<br>| &nbsp;&nbsp; 622950<br>| &nbsp;&nbsp; 2464631<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 9853443<br>|
| Total assets | &nbsp;&nbsp; 1470343<br>| &nbsp;&nbsp; 5908895<br>| &nbsp;&nbsp; 8692468<br>| &nbsp;&nbsp; 622950<br>| &nbsp;&nbsp; 37123414<br>| &nbsp;&nbsp; 268901<br>| &nbsp;&nbsp; 54086971<br>|
| **Liabilities** |  |  |  |  |  |  |  |
| Centrally cleared credit default swap contracts <sup>(b)</sup> <br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 38068<br>| &nbsp;&nbsp; 38068<br>|
| Forward foreign currency exchange contracts | &nbsp;&nbsp; 460828<br>|  | &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 460828<br>|
| Call option contracts written | &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 3146040<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 3146040<br>|
| OTC credit default swap contracts <sup>(c)</sup> <br>|  | &nbsp;&nbsp; 5886390<br>| &nbsp;&nbsp; 1595829<br>| &nbsp;&nbsp; 3707074<br>| &nbsp;&nbsp; 2996153<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 14185446<br>|
| Total liabilities | &nbsp;&nbsp; 460828<br>| &nbsp;&nbsp; 5886390<br>| &nbsp;&nbsp; 1595829<br>| &nbsp;&nbsp; 3707074<br>| &nbsp;&nbsp; 6142193<br>| &nbsp;&nbsp; 38068<br>| &nbsp;&nbsp; 17830382<br>|
| **Total financial and derivative net assets** | &nbsp;&nbsp; **1009515**<br>| &nbsp;&nbsp; **22505**<br>| &nbsp;&nbsp; **7096639**<br>| &nbsp;&nbsp; **(3084124)**<br>| &nbsp;&nbsp; **30981221**<br>| &nbsp;&nbsp; **230833**<br>| &nbsp;&nbsp; **36256589**<br>|
| Total collateral received (pledged) <sup>(d)</sup> <br>| &nbsp;&nbsp; 1009515<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 6280000 | &nbsp;&nbsp; (3084124)<br>| &nbsp;&nbsp; 30264000<br>| &nbsp;&nbsp; -<br>| &nbsp;&nbsp; 34469391 |
| **Net amount** <sup>(e)</sup> <br>| $&nbsp;&nbsp; **-**<br>| &nbsp;&nbsp; **22505**<br>| &nbsp;&nbsp; **816639** | &nbsp;&nbsp; **-**<br>| &nbsp;&nbsp; **717221**<br>| &nbsp;&nbsp; **230833**<br>| &nbsp;&nbsp; **1787198** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Exposure can only be netted across transactions governed under the same master agreement
 with the same legal entity.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Centrally cleared swaps are included within payable/receivable for variation margin
 in the Statement of Assets and Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Over-the-Counter (OTC) swap contracts are presented at market value plus periodic
 payments receivable (payable), which is comprised of unrealized appreciation, unrealized depreciation, upfront payments and upfront receipts.

&nbsp;&nbsp;&nbsp;&nbsp;(d) In some instances, the actual collateral received and/or pledged may be more than
 the amount shown due to overcollateralization.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Represents the net amount due from/(to) counterparties in the event of default.

**Security transactions**

Security transactions are accounted for on the trade date. Cost is determined and gains (losses) are based upon the specific identification method for both financial statement and federal income tax purposes.

The trade date for senior loans purchased in the primary market is the date on which the loan is allocated. The trade date for senior loans purchased in the secondary market is the date on which the transaction is entered into.

**Income recognition**

Interest income is recorded on an accrual basis. Market premiums and discounts, including original issue discounts, are amortized and accreted, respectively, over the expected life of the security on all debt securities, unless otherwise noted. The Fund classifies gains and losses realized on prepayments received on mortgage-backed securities as adjustments to interest income. For convertible securities, premiums attributable to the conversion feature are not amortized.

The Fund may place a debt security on non-accrual status and reduce related interest income when it becomes probable that the interest will not be collected and the amount of uncollectible interest can be reasonably estimated. The Fund may also adjust accrual rates when it becomes probable the full interest will not be collected and a partial payment will be received. A defaulted debt security is removed from non-accrual status when the issuer resumes interest payments or when collectability of interest is reasonably assured.

Corporate actions and dividend income are generally recorded net of any non-reclaimable tax withholdings, on the ex-dividend date or upon receipt of an ex-dividend notification in the case of certain foreign securities.

Columbia Strategic Income Fund \| 2025

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Notes to Financial Statements (continued)

August 31, 2025

The Fund may receive distributions from holdings in equity securities, business development companies (BDCs), exchange-traded funds (ETFs), limited partnerships (LPs), other regulated investment companies (RICs), and real estate investment trusts (REITs), which report information as to the tax character of their distributions annually. These distributions are allocated to dividend income, capital gain and return of capital based on actual information reported. Return of capital is recorded as a reduction of the cost basis of securities held. If the Fund no longer owns the applicable securities, return of capital is recorded as a realized gain. With respect to REITs, to the extent actual information has not yet been reported, estimates for return of capital are made by Columbia Management Investment Advisers, LLC (the Investment Manager), a wholly-owned subsidiary of Ameriprise Financial, Inc. (Ameriprise Financial). The Investment Manager's estimates are subsequently adjusted when the actual character of the distributions is disclosed by the REITs, which could result in a proportionate change in return of capital to shareholders.

Awards from class action litigation are recorded as a reduction of cost basis if the Fund still owns the applicable securities on the payment date. If the Fund no longer owns the applicable securities on the payment date, the proceeds are recorded as realized gains.

The value of additional securities received as an income payment through a payment-in-kind, if any, is recorded as interest income and increases the cost basis of such securities.

The Fund may receive other income from senior loans, including amendment fees, consent fees and commitment fees. These fees are recorded as income when received by the Fund. These amounts are included in Interest Income in the Statement of Operations.

Income and capital gain distributions from the Underlying Funds, if any, are recorded on the ex-dividend date.

**Expenses**

General expenses of the Trust are allocated to the Fund and other funds of the Trust based upon relative net assets or other expense allocation methodologies determined by the nature of the expense. Expenses directly attributable to the Fund are charged to the Fund. Expenses directly attributable to a specific class of shares are charged to that share class.

**Determination of class net asset value**

All income, expenses (other than class-specific expenses, which are charged to that share class, as shown in the Statement of Operations) and realized and unrealized gains (losses) are allocated to each class of the Fund on a daily basis, based on the relative net assets of each class, for purposes of determining the net asset value of each class.

**Federal income tax status**

The Fund intends to qualify each year as a regulated investment company under Subchapter M of the Internal Revenue Code, as amended, and will distribute substantially all of its investment company taxable income and net capital gain, if any, for its tax year, and as such will not be subject to federal income taxes. In addition, the Fund intends to distribute in each calendar year substantially all of its ordinary income, capital gain net income and certain other amounts, if any, such that the Fund should not be subject to federal excise tax. Therefore, no federal income or excise tax provision is recorded.

**Foreign taxes**

The Fund may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. The Fund will accrue such taxes and recoveries, as applicable, based upon its current interpretation of tax rules and regulations that exist in the markets in which it invests.

Realized gains in certain countries may be subject to foreign taxes at the Fund level, based on statutory rates. The Fund accrues for such foreign taxes on realized and unrealized gains at the appropriate rate for each jurisdiction, as applicable. The amount, if any, is disclosed as a liability in the Statement of Assets and Liabilities.

Columbia Strategic Income Fund \| 2025

------

Notes to Financial Statements (continued)

August 31, 2025

**Distributions to shareholders**

Distributions from net investment income, if any, are declared and paid monthly. Net realized capital gains, if any, are distributed at least annually. Income distributions and capital gain distributions are determined in accordance with federal income tax regulations, which may differ from GAAP.

**Guarantees and indemnifications**

Under the Trust's organizational documents and, in some cases, by contract, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust or its funds. In addition, certain of the Fund's contracts with its service providers contain general indemnification clauses. The Fund's maximum exposure under these arrangements is unknown since the amount of any future claims that may be made against the Fund cannot be determined, and the Fund has no historical basis for predicting the likelihood of any such claims.

**Recent accounting pronouncements and regulatory updates**

*Accounting Standards Update 2023-09 Income Taxes (Topic 740)*

In December 2023, the FASB issued Accounting Standards Update No. 2023-09 Income Taxes (Topic 740) Improvements to Income Tax Disclosures. The amendments were issued to enhance the transparency and decision usefulness of income tax disclosures primarily related to rate reconciliation and income taxes paid information. The amendments are effective for annual periods beginning after December 15, 2024, with early adoption permitted. Management expects that the adoption of the amendments will not have a material impact on its financial statements.

Note 3. Fees and other transactions with affiliates

**Management services fees**

The Fund has entered into a Management Agreement with Columbia Management Investment Advisers, LLC (the Investment Manager), a wholly-owned subsidiary of Ameriprise Financial, Inc. (Ameriprise Financial). Under the Management Agreement, the Investment Manager provides the Fund with investment research and advice, as well as administrative and accounting services. The management services fee is an annual fee that is equal to a percentage of the Fund's daily net assets that declines from 0.60% to 0.393% as the Fund's net assets increase. The effective management services fee rate for the year ended August 31, 2025 was 0.553% of the Fund's average daily net assets.

The Investment Manager has contractually agreed to implement a waiver with respect to Fund assets invested in funds that pay a management or advisory fee to the Investment Manager or its affiliate (underlying affiliated funds). Under this arrangement, the Investment Manager waives its net management fee (management fee less reimbursements/waivers) with respect to the Fund in an amount equal to the net management or advisory fee (fee less reimbursement/waivers) payable by an underlying affiliated fund on the assets invested by the Fund in the underlying affiliated fund.

**Compensation of Board members**

Members of the Board of Trustees who are not officers or employees of the Investment Manager or Ameriprise Financial are compensated for their services to the Fund as disclosed in the Statement of Operations. Under a Deferred Compensation Plan (the Deferred Plan), these members of the Board of Trustees may elect to defer payment of up to 100% of their compensation. Deferred amounts are treated as though equivalent dollar amounts had been invested in shares of certain funds managed by the Investment Manager. The Fund's liability for these amounts is adjusted for market value changes and remains in the Fund until distributed in accordance with the Deferred Plan. All amounts payable under the Deferred Plan constitute a general unsecured obligation of the Fund. The expense for the Deferred Plan, which includes Trustees' fees deferred during the current period as well as any gains or losses on the Trustees' deferred compensation balances as a result of market fluctuations, is included in "Deferred compensation of board members" in the Statement of Operations.

Columbia Strategic Income Fund \| 2025

------

Notes to Financial Statements (continued)

August 31, 2025

**Compensation of Chief Compliance Officer**

The Board of Trustees has appointed a Chief Compliance Officer for the Fund in accordance with federal securities regulations. As disclosed in the Statement of Operations, a portion of the Chief Compliance Officer's total compensation is allocated to the Fund, along with other allocations to affiliated registered investment companies managed by the Investment Manager and its affiliates, based on relative net assets.

**Transfer agency fees**

Under a Transfer and Dividend Disbursing Agent Agreement, Columbia Management Investment Services Corp. (the Transfer Agent), an affiliate of the Investment Manager and a wholly-owned subsidiary of Ameriprise Financial, is responsible for providing transfer agency services to the Fund. The Transfer Agent has contracted with SS&C GIDS, Inc. (SS&C GIDS) to serve as sub-transfer agent. The Transfer Agent pays the fees of SS&C GIDS for services as sub-transfer agent and SS&C GIDS is not entitled to reimbursement for such fees from the Fund (with the exception of out-of-pocket fees).

The Fund pays the Transfer Agent a monthly transfer agency fee based on the number or the average value of accounts, depending on the type of account. In addition, the Fund pays the Transfer Agent a fee for shareholder services based on the number of accounts or on a percentage of the average aggregate value of the Fund's shares maintained in omnibus accounts up to the lesser of the amount charged by the financial intermediary or a cap established by the Board of Trustees from time to time.

The Transfer Agent also receives compensation from the Fund for various shareholder services and reimbursements for certain out-of-pocket fees. Total transfer agency fees for Institutional 2 Class and Institutional 3 Class shares are subject to an annual limitation of not more than 0.07% and 0.02%, respectively, of the average daily net assets attributable to each share class.

For the year ended August 31, 2025, the Fund's effective transfer agency fee rates as a percentage of average daily net assets of each class were as follows:

---

| | |
|:---|:---|
|  | **Effective rate (%)** |
| Class A | 0.09 |
| Advisor Class | 0.02 <br><sup>(a)</sup><br>|
| Class C | 0.09 |
| Institutional Class | 0.09 |
| Institutional 2 Class | 0.05 |
| Institutional 3 Class | 0.01 |
| Class R | 0.09 |
| Class S | 0.09 <br><sup>(b)</sup><br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Unannualized.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Annualized.

An annual minimum account balance fee of $20 may apply to certain accounts with a value below the applicable share class's initial minimum investment requirements to reduce the impact of small accounts on transfer agency fees. These minimum account balance fees are remitted to the Fund and recorded as part of expense reductions in the Statement of Operations. For the year ended August 31, 2025, these minimum account balance fees reduced total expenses of the Fund by $2,304.

**Distribution and service fees**

The Fund has entered into an agreement with Columbia Management Investment Distributors, Inc. (the Distributor), an affiliate of the Investment Manager and a wholly-owned subsidiary of Ameriprise Financial, for distribution and shareholder services. The Board of Trustees has approved, and the Fund has adopted, distribution and shareholder service plans (the Plans) applicable to certain share classes, which set the distribution and service fees for the Fund. These fees are calculated daily and are intended to compensate the Distributor and/or eligible selling and/or servicing agents for selling shares of the Fund and providing services to investors.

Columbia Strategic Income Fund \| 2025

------

Notes to Financial Statements (continued)

August 31, 2025

Under the Plans, the Fund pays a monthly service fee to the Distributor at the maximum annual rate of 0.25% of the average daily net assets attributable to Class A and Class C shares of the Fund. Also under the Plans, the Fund pays a monthly distribution fee to the Distributor at the maximum annual rates of 0.75% and 0.50% of the average daily net assets attributable to Class C and Class R shares of the Fund, respectively.

**Sales charges (unaudited)**

Sales charges, including front-end charges and contingent deferred sales charges (CDSCs), received by the Distributor for distributing Fund shares for the year ended August 31, 2025, if any, are listed below:

---

| | | |
|:---|:---|:---|
|  | **Front End (%)** | **Amount ($)** |
| Class A | 4.75<br> &nbsp;&nbsp;&nbsp;&nbsp; 0.50 - 1.00 <br><sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 824141 |
| Class C | —<br> &nbsp;&nbsp;&nbsp;&nbsp; 1.00 <br><sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; 16252 |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) This charge is imposed on certain investments of between $1 million and $50 million
 redeemed within 18 months after purchase, as follows: 1.00% if redeemed within 12 months after purchase, and 0.50% if redeemed more than 12, but less than 18, months
 after purchase, with certain limited exceptions.

&nbsp;&nbsp;&nbsp;&nbsp;(b) This charge applies to redemptions within 12 months after purchase, with certain limited
 exceptions.

The Fund's other share classes are not subject to sales charges.

**Expenses waived/reimbursed by the Investment Manager and its affiliates**

The Investment Manager and certain of its affiliates have contractually agreed to waive fees and/or reimburse expenses (excluding certain fees and expenses described below) for the period(s) disclosed below, unless sooner terminated at the sole discretion of the Board of Trustees, so that the Fund's net operating expenses, after giving effect to fees waived/expenses reimbursed and any balance credits and/or overdraft charges from the Fund's custodian, do not exceed the following annual rate(s) as a percentage of the classes' average daily net assets:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **January 1, 2025** <br>**through** <br>**December 31, 2025 (%)**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Prior to** <br>**January 1, 2025 (%)**<br>|
| Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.93 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.93 |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.68 |
| Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68 |
| Institutional 2 Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64 |
| Institutional 3 Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.59 |
| Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18 |
| Class S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68 |

---

Under the agreement governing these fee waivers and/or expense reimbursement arrangements, the following fees and expenses are excluded from the waiver/reimbursement commitment, and therefore will be paid by the Fund, if applicable: taxes (including foreign transaction taxes), expenses associated with investments in affiliated and non-affiliated pooled investment vehicles (including mutual funds and exchange-traded funds), transaction costs and brokerage commissions, costs related to any securities lending program, dividend expenses associated with securities sold short, inverse floater program fees and expenses, transaction charges and interest on borrowed money, interest, costs associated with shareholder meetings, infrequent and/or unusual expenses and any other expenses the exclusion of which is specifically approved by the Board of Trustees. This agreement may be modified or amended only with approval from the Investment Manager, certain of its affiliates and the Fund. In addition to the contractual agreement, the Investment Manager and certain of its affiliates have voluntarily agreed to waive fees and/or reimburse Fund expenses (excluding certain fees and expenses described above) so that Fund level expenses (expenses directly attributable to the Fund and not to a specific share class) are waived proportionately across all share classes. This arrangement may be revised or discontinued at any time. Prior to January 1, 2025, expenses associated with interest were included with the waivers and/or expense reimbursement arrangement. Any fees waived and/or expenses reimbursed under the expense reimbursement arrangements described above are not recoverable by the Investment Manager or its affiliates in future periods.

Columbia Strategic Income Fund \| 2025

------

Notes to Financial Statements (continued)

August 31, 2025

Note 4. Federal tax information

The timing and character of income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP because of temporary or permanent book to tax differences.

At August 31, 2025, these differences were primarily due to differing treatment for deferral/reversal of wash sale losses, derivative investments, swap investments, tax straddles, principal and/or interest from fixed income securities, defaulted securities/troubled debt, capital loss carryforwards, trustees' deferred compensation, foreign currency transactions, investments in partnerships and/or grantor trusts and foreign capital gains tax. To the extent these differences were permanent, reclassifications were made among the components of the Fund's net assets. Temporary differences do not require reclassifications.

The following reclassifications were made:

---

| | | |
|:---|:---|:---|
| **Undistributed net** <br>**investment** <br>**income ($)**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Accumulated** <br>**net realized** <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(loss) ($)**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Paid in** <br>**capital ($)**<br>|
| 1156578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1156578)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |

---

Net investment income (loss) and net realized gains (losses), as disclosed in the Statement of Operations, and net assets were not affected by this reclassification.

The tax character of distributions paid during the years indicated was as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Year Ended August 31, 2025** | **Year Ended August 31, 2025** | **Year Ended August 31, 2025** | **Year Ended August 31, 2024** | **Year Ended August 31, 2024** | **Year Ended August 31, 2024** |
| **Ordinary** <br>**income ($)**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Long-term** <br>**capital gains ($)**<br>| **Total ($)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Ordinary** <br>**income ($)**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Long-term** <br>**capital gains ($)**<br>| **Total ($)** |
| 300805269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 300805269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 302313998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 302313998 |

---

Short-term capital gain distributions, if any, are considered ordinary income distributions for tax purposes.

At August 31, 2025, the components of distributable earnings on a tax basis were as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Undistributed** <br>**ordinary income ($)**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Undistributed** <br>**long-term** <br>**capital gains ($)**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Capital loss** <br>**carryforwards ($)**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Net unrealized** <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(depreciation) ($)**<br>|
| 4469272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (632824003)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (42355359)<br>|

---

At August 31, 2025, the cost of all investments for federal income tax purposes along with the aggregate gross unrealized appreciation and depreciation based on that cost was:

---

| | | | |
|:---|:---|:---|:---|
| **Federal** <br>**tax cost ($)**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Gross unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Gross unrealized** <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(depreciation) ($)**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Net unrealized** <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(depreciation) ($)**<br>|
| 7441320206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147999590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (190354949)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (42355359)<br>|

---

Tax cost of investments and unrealized appreciation/(depreciation) may also include timing differences that do not constitute adjustments to tax basis.

The following capital loss carryforwards, determined at August 31, 2025, may be available to reduce future net realized gains on investments, if any, to the extent permitted by the Internal Revenue Code. In addition, for the year ended August 31, 2025, capital loss carryforwards utilized, if any, were as follows:

---

| | | | |
|:---|:---|:---|:---|
| **No expiration** <br>**short-term ($)**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **No expiration** <br>**long-term ($)**<br>| **Total ($)** | **Utilized ($)** |
| (99605047)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (533218956)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (632824003)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |

---

Columbia Strategic Income Fund \| 2025

------

Notes to Financial Statements (continued)

August 31, 2025

Management of the Fund has concluded that there are no significant uncertain tax positions in the Fund that would require recognition in the financial statements. However, management's conclusion may be subject to review and adjustment at a later date based on factors including, but not limited to, new tax laws, regulations, and administrative interpretations (including relevant court decisions). Generally, the Fund's federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

Note 5. Portfolio information

The cost of purchases and proceeds from sales of securities, excluding short-term investments and derivatives, if any, aggregated to $15,890,443,122 and $14,636,235,661, respectively, for the year ended August 31, 2025, of which $12,694,736,073 and $11,906,625,259, respectively, were U.S. government securities. The amount of purchase and sale activity impacts the portfolio turnover rate reported in the Financial Highlights.

Note 6. Affiliated money market fund

The Fund invests in Columbia Short-Term Cash Fund, an affiliated money market fund established for the exclusive use by the Fund and other affiliated funds (the Affiliated MMF). The income earned by the Fund from such investments is included as Dividends - affiliated issuers in the Statement of Operations. As an investing fund, the Fund indirectly bears its proportionate share of the expenses of the Affiliated MMF. The Affiliated MMF prices its shares with a floating net asset value. The Securities and Exchange Commission has adopted amendments to money market fund rules requiring institutional prime money market funds like the Affiliated MMF to be subject to a discretionary liquidity fee of up to 2% if the imposition of such a fee is determined to be in the best interest of the Affiliated MMF and to a mandatory liquidity fee if daily net redemptions exceed 5% of net assets.

Note 7. Interfund lending

Pursuant to an exemptive order granted by the Securities and Exchange Commission, the Fund participates in a program (the Interfund Program) allowing each participating Columbia Fund (each, a Participating Fund) to lend money directly to and, except for closed-end funds and money market funds, borrow money directly from other Participating Funds for temporary purposes. The amounts eligible for borrowing and lending under the Interfund Program are subject to certain restrictions.

Interfund loans are subject to the risk that the borrowing fund could be unable to repay the loan when due, and a delay in repayment to the lending fund could result in lost opportunities and/or additional lending costs. The exemptive order is subject to conditions intended to mitigate conflicts of interest arising from the Investment Manager's relationship with each Participating Fund.

The Fund's activity in the Interfund Program during the year ended August 31, 2025 was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Borrower or lender** | **Average loan** <br>**balance ($)**<br>| &nbsp;&nbsp;&nbsp; **Weighted average** <br>**interest rate (%)**<br>| &nbsp;&nbsp;&nbsp; **Number of days** <br>**with outstanding loans**<br>|
| Lender | 1084615 | &nbsp;&nbsp;&nbsp;&nbsp;4.97 | &nbsp;&nbsp;&nbsp;&nbsp; 13 |

---

Interest income earned by the Fund is recorded as Interfund lending in the Statement of Operations. The Fund had no outstanding interfund loans at August 31, 2025.

Note 8. Line of credit

The Fund has access to a revolving credit facility with a syndicate of banks led by JPMorgan Chase Bank, N.A., Citibank, N.A. and Wells Fargo Bank, N.A. whereby the Fund may borrow for the temporary funding of shareholder redemptions or for other temporary or emergency purposes. Pursuant to an October 23, 2025 amendment and restatement, the credit facility, which is an agreement between the Fund and certain other funds managed by the Investment Manager or an affiliated investment manager, severally and not jointly, permits aggregate borrowings up to $750 million. Interest is currently charged to each participating fund based on its borrowings at a rate equal to the higher of (i) the federal funds effective rate, (ii) the secured overnight financing rate plus 0.10% and (iii) the overnight bank funding rate, plus 1.00% in each case. Each borrowing under the credit facility matures no later than 60 days after the date of borrowing. The Fund also pays a commitment fee equal to

Columbia Strategic Income Fund \| 2025

------

Notes to Financial Statements (continued)

August 31, 2025

its pro rata share of the unused amount of the credit facility at a rate of 0.15% per annum. The commitment fee is included in other expenses in the Statement of Operations. This agreement expires annually in October unless extended or renewed. Prior to the October 23, 2025 amendment and restatement, the Fund had access to a revolving credit facility with a syndicate of banks led by JPMorgan Chase Bank, N.A., Citibank, N.A. and Wells Fargo Bank, N.A. which permitted collective borrowings up to $900 million. Interest was charged to each participating fund based on its borrowings at a rate equal to the higher of (i) the federal funds effective rate, (ii) the secured overnight financing rate plus 0.10% and (iii) the overnight bank funding rate, plus 1.00% in each case.

The Fund had no borrowings during the year ended August 31, 2025.

Note 9. Risks and uncertainties

An investment in the Fund involves risks, including market risk and concentration risk, among others. The value of the Fund's holdings and the Fund's NAV may go down. These declines may be due to factors affecting a particular issuer, or the result of, among other things, political, regulatory, market, economic or social developments affecting the relevant market(s) more generally.

Global economies and financial markets are increasingly interconnected, and conditions and events in one country, region or financial market may adversely impact issuers in a different country, region or financial market. These risks may be magnified if certain events or developments adversely interrupt the global supply chain; in these and other circumstances, such risks might affect companies worldwide. As a result, local, regional or global events such as terrorism, war, other conflicts, natural disasters, disease/virus outbreaks and epidemics or other public health issues, recessions, depressions or other events – or the potential for such events – could have a significant negative impact on global economic and market conditions.

To the extent that the Fund concentrates its investment in particular issuers, countries, geographic regions, industries or sectors, the Fund may be subject to greater risks of adverse developments in such areas of focus than a fund that invests in a wider variety of issuers, countries, geographic regions, industries, sectors or investments.

Additional risk factors of the Fund are described more fully in the Fund's Prospectus and Statement of Additional Information.

**Shareholder concentration risk**

At August 31, 2025, affiliated shareholders of record owned 21.3% of the outstanding shares of the Fund in one or more accounts. Fund shares sold to or redeemed by concentrated accounts may have a significant effect on the operations of the Fund. In the case of a large redemption, the Fund may be forced to sell investments at inopportune times, including its liquid positions, which may result in Fund losses and the Fund holding a higher percentage of less liquid positions. Large redemptions could result in decreased economies of scale and increased operating expenses for non-redeeming Fund shareholders.

Note 10. Subsequent events

Management has evaluated the events and transactions that have occurred through the date the financial statements were issued. Other than as noted below, there were no items requiring adjustment of the financial statements or additional disclosure.

The Board of Trustees of the Fund approved a custody agreement with State Street Bank and Trust Company (State Street). The transition of custody services to State Street is expected to be completed by December, 2026. In addition, the Board approved the engagement by the Investment Manager of State Street as sub-administrator. In such capacity, and subject to the supervision and direction of the Investment Manager, State Street will provide certain sub-administration services to the Fund, including fund accounting and financial reporting services.

Columbia Strategic Income Fund \| 2025

------

Notes to Financial Statements (continued)

August 31, 2025

Note 11. Information regarding pending and settled legal proceedings

Ameriprise Financial and certain of its affiliates are involved, in the normal course of business, in legal proceedings that include regulatory inquiries, arbitration and litigation (including class actions) concerning matters arising in connection with the conduct of their activities as part of a diversified financial services firm. Ameriprise Financial believes that the Fund is not currently the subject of, and that neither Ameriprise Financial nor any of its affiliates are the subject of, any pending legal, arbitration or regulatory proceedings that are likely to have a material adverse effect on the Fund or the ability of Ameriprise Financial or its affiliates to perform under their contracts with the Fund. Ameriprise Financial is required to make quarterly (10-Q), annual (10-K) and, as necessary, 8-K filings with the Securities and Exchange Commission (SEC) on legal and regulatory matters that relate to Ameriprise Financial and its affiliates. Copies of these filings may be obtained by accessing the SEC website at www.sec.gov.

There can be no assurance that these matters, or the adverse publicity associated with them, will not result in increased Fund redemptions, reduced sale of Fund shares or other adverse consequences to the Fund. Further, although we believe proceedings are not likely to have a material adverse effect on the Fund or the ability of Ameriprise Financial or its affiliates to perform under their contracts with the Fund, these proceedings are subject to uncertainties and, as such, it is inherently difficult to determine whether any loss is probable or even reasonably possible, or to reasonably estimate the amount of any loss that may result from such matters. An adverse outcome in one or more of these proceedings could result in adverse judgments, settlements, fines, penalties or other relief, and may lead to further claims, examinations, adverse publicity or reputational damage, each of which could have a material adverse effect on the consolidated financial condition or results of operations or financial condition of Ameriprise Financial or one or more of its affiliates that provide services to the Fund.

Columbia Strategic Income Fund \| 2025

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Report of Independent Registered Public Accounting Firm

**To the Board of Trustees of Columbia Funds Series Trust I and Shareholders of Columbia Strategic Income Fund**

***Opinion on the Financial Statements***

We have audited the accompanying statement of assets and liabilities, including the portfolio of investments, of Columbia Strategic Income Fund (one of the funds constituting Columbia Funds Series Trust I, referred to hereafter as the "Fund") as of August 31, 2025, the related statement of operations for the year ended August 31, 2025, the statement of changes in net assets for each of the two years in the period ended August 31, 2025, including the related notes, and the financial highlights for each of the periods indicated therein (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of August 31, 2025, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended August 31, 2025 and the financial highlights for each of the periods indicated therein in conformity with accounting principles generally accepted in the United States of America.

***Basis for Opinion***

These financial statements are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of August 31, 2025 by correspondence with the custodian, issuers of privately offered securities, transfer agent, brokers and agent banks; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

/s/PricewaterhouseCoopers LLP

Minneapolis, Minnesota

October 24, 2025

We have served as the auditor of one or more investment companies in the Columbia Funds Complex since 1977.

Columbia Strategic Income Fund \| 2025

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Approval of Management Agreement

(Unaudited)

Columbia Management Investment Advisers, LLC (the Investment Manager, and together with its domestic and global affiliates, Columbia Threadneedle Investments), a wholly-owned subsidiary of Ameriprise Financial, Inc. (Ameriprise Financial), serves as the investment manager to Columbia Strategic Income Fund (the Fund). Under a management agreement (the Management Agreement), the Investment Manager provides investment advice and other services to the Fund and other funds distributed by Columbia Management Investment Distributors, Inc. (collectively, the Funds).

On an annual basis, the Fund's Board of Trustees (the Board), including the independent Board members (the Independent Trustees), considers renewal of the Management Agreement. The Investment Manager prepared detailed reports for the Board and its Contracts Committee (including its Contracts Subcommittee) in March, April and June 2025, including reports providing the results of analyses performed by a third-party data provider, Broadridge Financial Solutions, Inc. (Broadridge), and comprehensive responses by the Investment Manager to written requests for information by independent legal counsel to the Independent Trustees (Independent Legal Counsel), to assist the Board in making this determination. In addition, throughout the year, the Board (or its committees or subcommittees) regularly meets with portfolio management teams and senior management personnel and reviews information prepared by the Investment Manager addressing the services the Investment Manager provides and Fund performance. The Board also accords appropriate weight to the work, deliberations and conclusions of the various committees (including their subcommittees), such as the Contracts Committee, the Investment Review Committee, the Audit Committee and the Compliance Committee in determining whether to continue the Management Agreement.

The Board, at its June 26, 2025 Board meeting (the June Meeting), considered the renewal of the Management Agreement for an additional one-year term. At the June Meeting, Independent Legal Counsel reviewed with the Independent Trustees various factors relevant to the Board's consideration of advisory agreements and the Board's legal responsibilities related to such consideration. The Independent Trustees considered such information as they, their legal counsel or the Investment Manager believed reasonably necessary to evaluate and to approve the continuation of the Management Agreement. Among other things, the information and factors considered included the following:

• Information on the investment performance of the Fund relative to the performance of a group of mutual funds determined to be comparable to the Fund by Broadridge, as well as performance relative to one or more benchmarks;

• Information on the Fund's management fees and total expenses, including information comparing the Fund's expenses to those of a group of comparable mutual funds, as determined by Broadridge;

• The Investment Manager's agreement to contractually limit or cap total operating expenses for the Fund so that total operating expenses (excluding certain fees and expenses, such as transaction costs and certain other investment related expenses, interest, taxes, acquired fund fees and expenses and infrequent and/or unusual expenses) would not exceed a specified annual rate, as a percentage of the Fund's net assets;

• Terms of the Management Agreement;

• Descriptions of other agreements and arrangements with affiliates of the Investment Manager relating to the operations of the Fund, including agreements with respect to the provision of transfer agency and shareholder services to the Fund;

• Descriptions of various services performed by the Investment Manager under the Management Agreement, including portfolio management and portfolio trading practices;

• Information regarding any recently negotiated management fees of similarly-managed portfolios of other institutional clients of the Investment Manager;

• Information regarding the resources of the Investment Manager, including information regarding senior management, portfolio managers and other personnel;

• Information regarding the capabilities of the Investment Manager with respect to compliance monitoring services;

• The profitability to the Investment Manager and its affiliates from their relationships with the Fund; and

Columbia Strategic Income Fund \| 2025

------

Approval of Management Agreement (continued)

(Unaudited)

• Report provided by the Board's independent fee consultant, JDL Consultants, LLC (JDL).

Following an analysis and discussion of the foregoing, and the factors identified below, the Board, including all of the Independent Trustees, approved the renewal of the Management Agreement.

Nature, extent and quality of services provided by the Investment Manager

The Board analyzed various reports and presentations it had received detailing the services performed by the Investment Manager, as well as its history, expertise, resources and relative capabilities, and the qualifications of its personnel.

The Board specifically considered the many developments during recent years concerning the services provided by the Investment Manager. Among other things, the Board noted the organization and depth of the equity and credit research departments. The Board further observed the enhancements to the investment risk management department's processes, systems and oversight over the past several years. The Board also took into account the broad scope of services provided by the Investment Manager to the Fund, including, among other services, investment, risk and compliance oversight. The Board also took into account the information it received concerning the Investment Manager's ability to attract and retain key portfolio management personnel and that it has sufficient resources to provide competitive and adequate compensation to investment personnel.

In connection with the Board's evaluation of the overall package of services provided by the Investment Manager, the Board also considered the nature, quality and range of administrative services provided to the Fund by the Investment Manager, as well as the achievements in 2024 in the performance of administrative services, and noted the various enhancements anticipated for 2025. In evaluating the quality of services provided under the Management Agreement, the Board also took into account the organization and strength of the Fund's and its service providers' compliance programs. The Board also reviewed the financial condition of the Investment Manager and its affiliates and each entity's ability to carry out its responsibilities under the Management Agreement and the Fund's other service agreements.

In addition, the Board discussed the acceptability of the terms of the Management Agreement, noting that no changes were proposed from the form of agreement previously approved. The Board also noted the wide array of legal and compliance services provided to the Fund under the Management Agreement.

After reviewing these and related factors (including investment performance as discussed below), the Board concluded, within the context of their overall conclusions, that the nature, extent and quality of the services provided to the Fund under the Management Agreement supported the continuation of the Management Agreement.

Investment performance

The Board carefully reviewed the investment performance of the Fund, including detailed reports providing the results of analyses performed by each of the Investment Manager, Broadridge and JDL collectively showing, for various periods (including since manager inception): (i) the performance of the Fund, (ii) the Fund's performance relative to peers and benchmarks and (iii) the net assets of the Fund. The Board observed that the Fund's performance for certain periods ranked above median based on information provided by Broadridge.

The Board also reviewed a description of the third-party data provider's methodology for identifying the Fund's peer groups for purposes of performance and expense comparisons.

The Board also considered the Investment Manager's performance and reputation generally. After reviewing these and related factors, the Board concluded, within the context of their overall conclusions, that the performance of the Fund and the Investment Manager, in light of other considerations, supported the continuation of the Management Agreement.

Comparative fees, costs of services provided and the profits realized by the Investment Manager and its affiliates from their relationships with the Fund

The Board reviewed comparative fees and the costs of services provided under the Management Agreement. The Board members considered detailed comparative information set forth in an annual report on fees and expenses, including, among other things, data (based on analyses conducted by Broadridge and JDL) showing a comparison of the Fund's expenses

Columbia Strategic Income Fund \| 2025

------

Approval of Management Agreement (continued)

(Unaudited)

with median expenses paid by funds in its comparative peer universe, as well as data showing the Fund's contribution to the Investment Manager's profitability. The Board reviewed the fees charged to comparable institutional or other accounts/vehicles managed by the Investment Manager and discussed differences in how the products are managed and operated, thus explaining many of the differences in fees.

The Board considered the reports of JDL, which assisted in the Board's analysis of the Funds' performance and expenses and the reasonableness of the Funds' fee rates. The Board accorded particular weight to the notion that a primary objective of the level of fees is to achieve a rational pricing model applied consistently across the various product lines in the Fund family, while assuring that the overall fees for each Fund (with certain exceptions) are generally in line with the current "pricing philosophy" such that Fund total expense ratios, in general, approximate or are lower than the median expense ratios of funds in the same Lipper comparison universe. The Board took into account that the Fund's total expense ratio (after considering proposed expense caps/waivers) was slightly below the peer universe's median expense ratio shown in the reports.

After reviewing these and related factors, the Board concluded, within the context of their overall conclusions, that the levels of management fees and expenses of the Fund, in light of other considerations, supported the continuation of the Management Agreement.

The Board also considered the profitability of the Investment Manager and its affiliates in connection with the Investment Manager providing management services to the Fund. With respect to the profitability of the Investment Manager and its affiliates, the Independent Trustees referred to information discussing the profitability to the Investment Manager and Ameriprise Financial from managing, operating and distributing the Funds. The Board considered that the profitability generated by the Investment Manager in 2024 had increased from 2023 levels due to a variety of factors, including the increased assets under management of the Funds. It also took into account the indirect economic benefits flowing to the Investment Manager or its affiliates in connection with managing or distributing the Funds, such as the enhanced ability to offer various other financial products to Ameriprise Financial customers, soft dollar benefits and overall reputational advantages. The Board noted that the fees paid by the Fund should permit the Investment Manager to offer competitive compensation to its personnel, make necessary investments in its business and earn an appropriate profit. After reviewing these and related factors, the Board concluded, within the context of their overall conclusions, that the costs of services provided and the profitability to the Investment Manager and its affiliates from their relationships with the Fund supported the continuation of the Management Agreement.

Economies of scale

The Board considered the potential existence of economies of scale in the provision by the Investment Manager of services to the Fund, and whether those economies of scale were shared with the Fund through breakpoints in investment management fees or other means, such as expense limitation arrangements and additional investments by the Investment Manager in investment, trading, compliance and other resources. The Board considered the economies of scale that might be realized as the Fund's net asset level grows and took note of the extent to which Fund shareholders might also benefit from such growth. In this regard, the Board took into account that management fees decline as Fund assets exceed various breakpoints, all of which have not been surpassed. The Board observed that the Management Agreement thus provides for breakpoints in the management fee rate schedule that allow opportunities for shareholders to realize lower fees as Fund assets grow and that there are additional opportunities through other means for sharing economies of scale with shareholders.

Conclusion

The Board reviewed all of the above considerations in reaching its decision to approve the continuation of the Management Agreement. In reaching its conclusions, no single factor was determinative.

On June 26, 2025, the Board, including all of the Independent Trustees, determined that fees payable under the Management Agreement were fair and reasonable in light of the extent and quality of services provided and approved the renewal of the Management Agreement.

Columbia Strategic Income Fund \| 2025

------

**Columbia Strategic Income Fund** 

P.O. Box 219104

Kansas City, MO 64121-9104

![](img46696ddc2.jpg)

**Please read and consider the investment objectives, risks, charges and expenses for any fund carefully before investing. For a prospectus and summary prospectus, which contains this and other important information about the Fund, go to** 

columbiathreadneedleus.com/investor/. The Fund is distributed by Columbia Management Investment Distributors, Inc., member FINRA, and managed by Columbia Management Investment Advisers, LLC.

Columbia Threadneedle Investments<sup>®</sup> (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies. All rights reserved.© 2025 Columbia Management Investment Advisers, LLC.

columbiathreadneedleus.com/investor/

ANN232_08_R01_(10/25)

------

Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.

Not applicable.

------

Item 9. Proxy Disclosures for Open-End Management Investment Companies.

Not applicable.

------

Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.

The fees and expenses of the independent trustees are included in "Compensation of board members" and "Deferred compensation of board members" on each Fund's Statement of Operations as part of the Registrant's financial statements filed under Item 7 of this Form N-CSR. Additionally, the compensation paid by the Trust to the Chief Compliance Officer is included in "Compensation of chief compliance officer" on each Fund's Statement of Operations as part of the Registrant's financial statements filed under Item 7 of this Form N-CSR.

------

Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.

Statement regarding basis for approval of Investment Advisory Contract is included in Item 7 of this Form N-CSR.

------

Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

------

Item 13. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

------

Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable.

------

Item 15. Submission of Matters to a Vote of Security Holders.

There were no material changes to the procedures by which shareholders may recommend nominees to the registrant's board of trustees implemented since the registrant last provided disclosure as to such procedures in response to the requirements of Item 407(c)(2)(iv) of Regulation S-K or Item 15 of Form N-CSR.

------

Item 16. Controls and Procedures.

(a) The registrant's principal executive officer and principal financial officer, based on their evaluation of the registrant's disclosure controls and procedures as of a date within 90 days of the filing of this report, have concluded that such controls and procedures are effective and adequately designed to ensure that information required to be disclosed by the registrant in Form N-CSR is accumulated and communicated to the registrant's management, including the principal executive officer and principal financial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

(b) There was no change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.

------

Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

Not applicable.

------

Item 18. Recovery of Erroneously Awarded Compensation.

Not applicable.

------

Item 19. Exhibits.

[(a)(1) Code of ethics required to be disclosed under Item 2 of Form N-CSR attached hereto as Exhibit 99.CODE ETH.](Code_of_Ethics.htm)

[(a)(2) Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) attached hereto as Exhibit 99.CERT.](302_Certification.htm)

[(b) Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 (17 CFR 270.30a-2(b)) attached hereto as Exhibit 99.906CERT.](906_Certification.htm)

------

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | |
|:---|:---|
| &nbsp;&nbsp;(registrant) | &nbsp;&nbsp;Columbia Funds Series Trust I |
| &nbsp;&nbsp;By (Signature and Title) | &nbsp;&nbsp;/s/ Michael G. Clarke |
|  | &nbsp;&nbsp;Michael G. Clarke, President and Principal Executive Officer |
| &nbsp;&nbsp;Date | &nbsp;&nbsp;October 24, 2025 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| &nbsp;&nbsp;By (Signature and Title) | &nbsp;&nbsp;/s/ Michael G. Clarke |
|  | &nbsp;&nbsp;Michael G. Clarke, President and Principal Executive Officer |
| &nbsp;&nbsp;Date | &nbsp;&nbsp;October 24, 2025 |
| &nbsp;&nbsp;By (Signature and Title) | &nbsp;&nbsp;/s/ Charles H. Chiesa |
|  | &nbsp;&nbsp;Charles H. Chiesa, Treasurer, Chief Financial Officer, Chief Accounting |
|  | &nbsp;&nbsp;Officer and Principal Financial Officer |
| &nbsp;&nbsp;Date | &nbsp;&nbsp;October 24, 2025 |

---

------

## Ex-99.Cert

I, Michael G. Clarke, certify that:

1. I have reviewed this report on Form N-CSR of Columbia Funds Series Trust I;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: October 24, 2025 | /s/ Michael G. Clarke |
|  | Michael G. Clarke, President and Principal |
|  | Executive Officer |

---

I, Charles H. Chiesa, certify that:

1. I have reviewed this report on Form N-CSR of Columbia Funds Series Trust I;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: October 24, 2025 | /s/ Charles H. Chiesa |
|  | Charles H. Chiesa, Treasurer, Chief Financial |
|  | Officer, Chief Accounting Officer and Principal |
|  | Financial Officer |

---

------

## Exhibit 99.906

CERTIFICATION PURSUANT TO SECTION 906 OF

THE SARBANES-OXLEY ACT OF 2002

In connection with the Certified Shareholder Report of Columbia Funds Series Trust I (the "Trust") on Form N-CSR for the period ending August 31, 2025 as filed with the Securities and Exchange Commission on the date hereof ("the Report"), the undersigned hereby certifies that, to his knowledge:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Trust.

---

| | |
|:---|:---|
| Date: October 24, 2025  | <u>/s/ Michael G. Clarke&nbsp;&nbsp;&nbsp;&nbsp;</u>  |
|  | Michael G. Clarke, President and Principal Executive Officer  |

---

---

| | |
|:---|:---|
| Date: October 24, 2025  | &nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ Charles H. Chiesa</u>  |
|  | Charles H. Chiesa, Treasurer, Chief Financial Officer,  |
|  | Chief Accounting Officer and Principal Financial Officer  |

---

A signed original of this written statement required by Section 906 of the Sarbanes-Oxley Act of 2002 has been provided to the Registrant and will be retained by the Registrant and furnished to the Securities and Exchange Commission (the "Commission") or its staff upon request.

This certification is being furnished to the Commission solely pursuant to 18 U.S.C. §1350 and is not being filed as part of the Form N-CSR with the Commission.

------

## Ex-99.Code

![Image is missing](ghufg4zf4zyys9d1auo4c.jpg)

**Fund Policy: Code of Ethics for Principal Executive & Senior Financial Officers**

---

| | |
|:---|:---|
|  | **COLUMBIA FUNDS** |
| &nbsp;&nbsp;**Applicable Regulatory Authority** | &nbsp;&nbsp;&nbsp;Section 406 of the Sarbanes-Oxley Act of 2002; |
|  | &nbsp;&nbsp;&nbsp;Item 2 of Form N-CSR |
| &nbsp;&nbsp;**Related Policies** | &nbsp;&nbsp;&nbsp;Overview and Implementation of Compliance Program |
|  | &nbsp;&nbsp;&nbsp;Policy |
| &nbsp;&nbsp;**Requires Annual Board Approval** | &nbsp;&nbsp;&nbsp;No but Covered Officers Must provide annual |
|  | &nbsp;&nbsp;&nbsp;certification |
| &nbsp;&nbsp;**Last Reviewed by AMC** | &nbsp;&nbsp;&nbsp;September 2025 |

---

**<u>Overview and Statement</u>**

Item 2 of Form N-CSR, the form used by registered management investment companies to file certified annual and semi-annual shareholder reports, requires a registered management investment company to disclose:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Whether it has adopted a code of ethics that applies to the investment company's principal executive officer and senior financial officers and, if it has not adopted such a code of ethics, why it has not done so; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Any amendments to, or waivers from, the code of ethics relating to such officers.

The Board of the Columbia Funds ("Columbia Board") has adopted the following Code of Ethics for Principle Executive and Senior Financial Officers (the "Code"), which sets forth the ethical standards to which the Funds holds their principal executive officer and each of its senior financial officers.

This Code should be read and interpreted in conjunction with the Overview and Implementation of Compliance Program Policy.

**<u>Policy</u>**

The Board has adopted the Code in order to comply with applicable regulatory requirements as outlined below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**I.Covered Officers/Purpose of the Code**

This Code applies to the Fund's Principal Executive Officer, Principal Financial Officer, and Principal Accounting Officer or Controller (the "Covered Officers") for the purpose of promoting:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Full, fair, accurate, timely and understandable disclosure in reports and documents that the Fund files with, or submits to, the SEC, and in other public communications made by the Fund;

This document is current as of the last review date but subject to change thereafter. Please consult the online version to verify that this Fund Policy has not been updated or otherwise changed. This Fund Policy is the property of the Funds and must not be provided to any external party without express prior consent from the Fund CCO.

Proprietary and Confidential Page 1 of 9

![Image is missing](g4yordvnpmju8y6c4dm1k.jpg)

**Fund Policy: Code of Ethics for Principal Executive & Senior Financial Officers**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Compliance with applicable laws and governmental rules and regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•The prompt internal reporting of violations of the Code to an appropriate person or persons identified in the Code; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Accountability for adherence to the Code.

Each Covered Officer should adhere to a high standard of business ethics and should be sensitive to situations that may give rise to actual or apparent conflicts of interest.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**II.Administration of the Code**

The Board has designated an individual to be primarily responsible for the administration of the Code (the "Code Officer"). In the absence of the Code Officer, his or her designee shall serve as the Code Officer, but only on a temporary basis.

The Board has designated a person who meets the definition of a Chief Legal Officer (the "CLO") for purposes of the Sarbanes-Oxley Act of 2002 and the rules promulgated thereunder as the Fund's CLO. The CLO of the Fund shall assist the Fund's Code

Officer in administration of this Code. The Code Officer, in consultation with the CLO, shall be responsible for applying this Code to specific situations (in consultation with Fund counsel, where appropriate) and has the authority to interpret this Code in any particular situation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**III.Managing Conflicts of Interest**

A "conflict of interest" occurs when a Covered Officer's personal interest interferes with the interests of, or his or her service to, the Fund. For example, a conflict of interest would arise if a Covered Officer, or a member of his or her family, receives improper personal benefits as a result of the Covered Officer's position with the Fund. Certain provisions in the 1940 Act and the rules and regulations thereunder and the Advisers Act and the rules and regulations thereunder govern certain conflicts of interest that arise out of the relationships between Covered Officers and the Fund. If such conflicts are addressed in conformity with applicable provisions of the 1940 Act and the Advisers Act, they will be deemed to have been handled ethically. The Fund's and its Adviser's compliance programs and procedures are designed to prevent, or identify and correct, violations of those provisions. This Code does not, and is not intended to, repeat or replace those programs and procedures, and conduct that is consistent with such programs and procedures falls outside of the parameters of this Code.

Although they do not typically present an opportunity for improper personal benefit, conflicts may arise from, or as a result of, the contractual relationships between the Fund and, as applicable, its Adviser (Columbia Management Investment Advisers, LLC ("CMIA") for the Columbia Funds, administrator, principal underwriter, pricing and bookkeeping agent and/or transfer agent (each, a "Primary Service Provider") of which the Covered Officers are also officers or employees. As a result, this Code recognizes that the Covered Officers will, in the normal course of their duties (whether formally for

This document is current as of the last review date but subject to change thereafter. Please consult the online version to verify that this Fund Policy has not been updated or otherwise changed. This Fund Policy is the property of the Funds and must not be provided to any external party without express prior consent from the Fund CCO.

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**Fund Policy: Code of Ethics for Principal Executive & Senior Financial Officers**

the Fund or for a Primary Service Provider, or for both), be involved in establishing policies and implementing decisions that will have different effects on the Primary Service Providers and the Fund. The participation of the Covered Officers in such activities is inherent in the contractual relationships between the Fund and the Primary Service Providers and is consistent with the performance by the Covered Officers of their duties as officers of the Fund. If such conflicts are addressed in conformity with applicable provisions of the 1940 Act and the Advisers Act, they will be deemed to have been handled ethically. In addition, it is recognized by the Board of the Funds that the Covered Officers also may be officers or employees of one or more other investment companies or organizations affiliated with the sponsor of the Funds covered by other similar codes and that the codes of ethics of those other investment companies or organizations will apply to the Covered Officers acting in such capacities for such other investment companies.

This Code covers general conflicts of interest and other issues applicable to the Funds under the Sarbanes-Oxley Act of 2002. The overarching principle is that the personal interest of a Covered Officer should not be placed improperly before the interests of the Funds. Certain examples of such conflicts of interest follow.

Each Covered Officer must:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Not use his or her personal influence or personal relationships improperly to influence investment decisions or financial reporting by the Fund whereby the Covered Officer, or a member of his or her family, would knowingly benefit personally to the detriment of the Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Not knowingly cause the Fund to take action, or fail to take action, for the individual personal benefit of the Covered Officer, or a member of his or her family, rather than the benefit of the Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Not use material non-public knowledge of portfolio transactions made or contemplated for the Fund to trade personally or cause others to trade personally in contemplation of the market effect of such transactions; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Report at least annually (or more frequently, as appropriate) known affiliations or other relationships that may give rise to conflicts of interest with respect to the Fund.

If a Covered Officer believes that he or she has a potential conflict of interest that is likely to materially compromise his or her objectivity or his or her ability to perform the duties of his or her role as a Covered Officer, including a potential conflict of interest that arises out of his or her responsibilities as an officer or employee of one or more Primary Service Providers or other funds, he or she should consult with the Code Officer, the CLO, the Fund's outside counsel, or counsel to the Independent Board Members, as appropriate.

This document is current as of the last review date but subject to change thereafter. Please consult the online version to verify that this Fund Policy has not been updated or otherwise changed. This Fund Policy is the property of the Funds and must not be provided to any external party without express prior consent from the Fund CCO.

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**Fund Policy: Code of Ethics for Principal Executive & Senior Financial Officers**

Examples of potential conflicts of interest that may materially compromise objectivity or ability to perform the duties of a Covered Officer and which the Covered Officer should consider discussing with the Code Officer or other appropriate person include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Service as a director on the board of a public or private company or service as a public official;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•The receipt of a non-de minimus gift when the gift is in relation to doing business directly or indirectly with the Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•The receipt of entertainment from any company with which the Fund has current or prospective business dealings, unless such entertainment is business-related, reasonable in cost, appropriate as to time and place, and not so frequent as to raise any question of impropriety;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•An ownership interest in, or any consulting or employment relationship with, any of the Fund's service providers, other than the Primary Service Providers or any affiliated person thereof; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•A direct or indirect material financial interest in commissions, transaction charges or spreads paid by the Fund for effecting portfolio transactions or for selling or redeeming shares other than an interest arising from the Covered Officer's employment, such as compensation or equity ownership.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IV. Disclosure and Compliance

It is the responsibility of each Covered Officer:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•To familiarize himself or herself with the disclosure requirements generally applicable to the Fund, as well as the business and financial operations of the Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•To not knowingly misrepresent, and to not knowingly cause others to misrepresent, facts about the Fund to others, whether within or outside the Fund, including to the Fund's Board, Legal Counsel, Independent Legal Counsel and auditors, and to governmental regulators and self-regulatory organizations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•To the extent appropriate within his or her area of responsibility, consult with other officers and employees of the Fund and the Primary Service Providers with the goal of promoting full, fair, accurate, timely and understandable disclosure in the reports and documents the Fund files with, or submits to, the SEC and in other public communications made by the Fund; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•To adhere to and, within his or her area of responsibility, promote compliance with the standards and restrictions imposed by applicable laws, rules and regulations.

This document is current as of the last review date but subject to change thereafter. Please consult the online version to verify that this Fund Policy has not been updated or otherwise changed. This Fund Policy is the property of the Funds and must not be provided to any external party without express prior consent from the Fund CCO.

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**Fund Policy: Code of Ethics for Principal Executive & Senior Financial Officers**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**V.Reporting and Accountability by Covered Officers** Each Covered Officer must:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Upon adoption of the Code or becoming a Covered Officer, acknowledge in writing to the Fund's Board that he or she has received, read and understands the Code, using the form attached as Appendix A hereto;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Annually thereafter acknowledge in writing to the Fund's Board that he or she has received and read the Code and believes that he or she has complied with the requirements of the Code, using the form attached as Appendix B hereto;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Not retaliate against any employee or Covered Officer for reports of potential violations that are made in good faith; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Notify the Code Officer promptly if he or she knows of any violation, or of conduct that reasonably could be expected to be or result in a violation, of this Code. Failure to do so is a violation of this Code.

The Fund will follow the policy set forth below in investigating and enforcing this Code:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•The Code Officer will endeavor to take all appropriate action to investigate any potential violation reported to him or her;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•If, after such investigation, the Code Officer believes that no violation has occurred, the Code Officer will so notify the person(s) reporting the potential violation, and no further action is required;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Any matter that the Code Officer, upon consultation with the CLO, believes is a violation will be reported by the Code Officer or the CLO to the Fund's Audit

Committee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•The Fund's Audit Committee will be responsible for granting waivers, as appropriate; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•This Code and any changes to or waivers of the Code will, to the extent required, be disclosed as provided by SEC rules.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VI. Other Policies

This Code shall be the sole code of ethics adopted by the Fund for the purposes of Section 406 of the Sarbanes-Oxley Act of 2002 and the rules and forms applicable to registered management investment companies thereunder. Insofar as other policies or procedures of the Fund or the Fund's Primary Service Providers govern or purport to govern the behavior or activities of the Covered Officers who are subject to this Code, they are superseded by this Code to the extent that they conflict with the provisions of this Code. The Fund's and its Adviser's and principal underwriter's codes of ethics under Rule 17j-1 under the 1940 Act and the more detailed policies and procedures of the

This document is current as of the last review date but subject to change thereafter. Please consult the online version to verify that this Fund Policy has not been updated or otherwise changed. This Fund Policy is the property of the Funds and must not be provided to any external party without express prior consent from the Fund CCO.

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**Fund Policy: Code of Ethics for Principal Executive & Senior Financial Officers**

Primary Service Providers as set forth in their respect Compliance Manuals are separate requirements applicable to the Covered Officers and are not part of this Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VII. Disclosure of Amendments to the Code

Any amendments will, to the extent required, be disclosed in accordance with law.

&nbsp;&nbsp;&nbsp;&nbsp;VIII. Confidentiality

All reports and records prepared or maintained pursuant to this Code will be considered confidential and shall be maintained and protected accordingly. Except as otherwise required by law or this Code or upon advice of counsel, such reports and records shall not be disclosed to anyone other than the Fund's Board, the Covered Officers, the Code Officer, the CLO, the Fund's Primary Service Providers and their affiliates, and outside audit firms, legal counsel to the Fund and legal counsel to the Independent Board Members.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IX. Internal Use

The Code is intended solely for the internal use by the Fund and does not constitute an admission, by or on behalf of the Fund, as to any fact, circumstance, or legal conclusion.

**Reporting Requirements**

Each Covered Officer must annually acknowledge in writing to the Fund's Board that he or she has received and read the Code and believes that he or she has complied with the requirements of the Code, using the form attached as Appendix II hereto.

The Code Officer or CLO shall report to the Fund's Audit Committee any violations of, or material issues arising under, this Code.

If the Audit Committee concurs that a violation has occurred, it will inform and make a recommendation to the Fund's Board, which will consider appropriate action, which may include review of, and appropriate modifications to: Applicable policies and procedures; Notification to the appropriate personnel of the Fund's Primary Service Providers or their boards; A recommendation to censure, suspend or dismiss the Covered Officer; or Referral of the matter to the appropriate authorities for civil action or criminal prosecution.

All material amendments to this Code must be in writing and approved or ratified by the Fund's Board, including a majority of the Independent Board Members.

The Code Officer, in conjunction with the CLO, shall be responsible for administration of this Code and for adopting procedures to ensure compliance with the requirements set forth herein.

Any issues that arise under this policy should be communicated to an employee's immediate supervisor, and appropriately escalated to AMC. Additionally, AMC will escalate any compliance issues relating to this Code to the Fund CCO and, if warranted, the appropriate Fund Board.

This document is current as of the last review date but subject to change thereafter. Please consult the online version to verify that this Fund Policy has not been updated or otherwise changed. This Fund Policy is the property of the Funds and must not be provided to any external party without express prior consent from the Fund CCO.

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**Fund Policy: Code of Ethics for Principal Executive & Senior Financial Officers**

**Monitoring/Oversight/Escalation**

The Code Officer shall be responsible for oversight of compliance with this Code by the Covered Officers. AMC and Ameriprise Risk & Control Services may perform periodic reviews and assessments of various lines of business, including their compliance with this Code.

**Recordkeeping**

All records must be maintained for at least seven years, the first three in the appropriate Ameriprise Financial, Inc. management office. The following records will be maintained to evidence compliance with this Code: (1) a copy of the information or materials supplied to the Audit Committee or the Board: (i) that provided the basis for any amendment or waiver to this Code; and (ii) relating to any violation of the Code and sanctions imposed for such violation, together with a written record of the approval or action taken by the Audit Committee and/or Board; (2) a copy of the policy and any amendments; and (3) a list of Covered Officers and reporting by Covered Officers.

This document is current as of the last review date but subject to change thereafter. Please consult the online version to verify that this Fund Policy has not been updated or otherwise changed. This Fund Policy is the property of the Funds and must not be provided to any external party without express prior consent from the Fund CCO.

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**Appendix A**

**INITIAL ACKNOWLEDGEMENT**

I acknowledge that I have received and read a copy of the Code of Ethics for Principal Executive and Senior Financial Officers (the "Code") and that I understand it. I further acknowledge that I am responsible for understanding and complying with the policies set forth in the Code during my tenure as a Covered Officer, as defined in the Code.

I have set forth below (and on attached sheets of paper, if necessary) all known affiliations or other relationships that may give rise to conflicts of interest for me with respect to the Fund.

______________________________________________________________

______________________________________________________________

______________________________________________________________

______________________________________________________________

______________________________________________________________

______________________________________________________________

______________________________________________________________

______________________________________________________________

I also acknowledge my responsibility to report any known violation of the Code to the Code Officer, the CLO, the Fund's outside counsel, or counsel to the Independent Board Members, all as defined in this Code. I further acknowledge that the policies contained in the Code are not intended to create any contractual rights or obligations, express or implied. I also understand that, consistent with applicable law, the Fund has the right to amend, interpret, modify or withdraw any of the provisions of the Code at any time in its sole discretion, with or without notice.

**Covered Officer Name and Title: <u>_______________________________________________</u>**

(please print)

<u>____________________________________________________________________________</u>

SignatureDate

Please return this completed form to the CLO (_______) within one week from the date of your

review of these documents. Thank you!

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**Appendix B**

**ANNUAL ACKNOWLEDGEMENT**

I acknowledge that I have received and read a copy of the Code of Ethics for Principal Executive and Senior Financial Officers (the "Code") and that I understand it. I further acknowledge that I am responsible for understanding and complying with the policies set forth in the Code during my tenure as a Covered Officer, as defined in the Code.

I also acknowledge that I believe that I have fully complied with the terms and provisions of the Code during the period of time since the most recent Initial or Annual Acknowledgement provided by me except as described below.

______________________________________________________________

______________________________________________________________

______________________________________________________________

I have set forth below (and on attached sheets of paper, if necessary) all known affiliations or other relationships that may give rise to conflicts of interest for me with respect to the Fund.[<sup>1</sup>](#div312f59d0-b0dc-4d70-925b-8a7da3a98934)

______________________________________________________________

______________________________________________________________

______________________________________________________________

______________________________________________________________

I further acknowledge that the policies contained in the Code are not intended to create any contractual rights or obligations, express or implied. I also understand that, consistent with applicable law, the Fund has the right to amend, interpret, modify or withdraw any of the provisions of the Code at any time in its sole discretion, with or without notice.

**Covered Officer Name and Title: <u>_______________________________________________</u>**

(please print)

<u>____________________________________________________________________________</u>

SignatureDate

Please return this completed form to the CLO (_______) within one week from the date of your

receipt of a request to complete and return it. Thank you!

1It is acceptable to refer to affiliations and other relationships previously disclosed in prior Initial or Annual Acknowledgements without setting forth such affiliations and relationships again.

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