Fund’s Missed Bet on Micron Technology (MU) Weighs on Performance
Reported by Yahoo Finance · finance.yahoo.com · July 30, 2026
Columbia Threadneedle Investments, an investment management company, released its “Columbia Seligman Global Technology Fund” second quarter 2026 investor letter. A copy of the letter can be downloaded here. During the quarter, the Fund’s Institutional Class shares returned 50.34%, outperforming the MSCI World Information Technology Index’s 33.65% gain.
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What to watch: This report cites a concrete figure (50.34%) — compare it against the trailing trend before treating one data point as a turning point.
Market reaction today: $MU -5.83%
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