Leadership turnover continues to overshadow Columbia Floating Rate’s strengths, which include a stable and experienced research team as well as a deep pool of supporting fixed-income resources.
Columbia Floating Rate Inst3 CFRYX
- NAV / 1-Day Return 33.69 / +0.05 %
- Total Assets 806.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.670%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 8.78%
- Effective Duration 0.20 years
USD | NAV as of May 02, 2024 | 1-Day Return as of May 02, 2024, 10:15 PM GMT+0
Morningstar’s Analysis CFRYX
Will CFRYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 5.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Columbia Short-Term Cash | 7.78 | 65.7 Mil | Cash and Equivalents |
MEDLINE TLB 3.25 | 0.74 | 6.3 Mil | Corporate |
Dummy - Used to book daily interest accrual for accounts holding Term Loans | 0.63 | 5.3 Mil | — |
Dun & Bradstreet Corp Tlb 2.75 | 0.60 | 5.1 Mil | Corporate |
MCAFEE LLC TLB 3.75 | 0.59 | 5.0 Mil | Corporate |
Great Outdoors Group Llc Tlb1 3.75 | 0.59 | 5.0 Mil | Corporate |
CDK GLOBAL TLB 4.0 | 0.58 | 4.9 Mil | Corporate |
Tempo Acquisition Llc Tlb 2.75 | 0.58 | 4.9 Mil | Corporate |
PERATON CORP TLB 3.75 | 0.58 | 4.9 Mil | Corporate |
Whatabrands Llc Tlb 3.25 | 0.56 | 4.7 Mil | Corporate |