Columbia Floating Rate has been run by Lynn Hopton and Yvonne Stevens since its inception in 2006. Their departure at the end of March 2018, combined with the retirement of a long-time comanager and head of the team less than a year later underpins the strategy’s Morningstar Analyst Rating of Neutral.
Will RFRAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RFRAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RFRAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of RFRAX’s parent organization’s priorities and whether they’re in line with investors’ interests.