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Columbia Floating Rate C RFRCX

Analyst rating as of
NAV / 1-Day Return
35.20  /  0.03 %
Total Assets
709.9 Mil
Adj. Expense Ratio
1.780%
Expense Ratio
1.780%
Fee Level
Average
Longest Manager Tenure
2.24 years
Category
Bank Loan
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
2,000
Status
Open
TTM Yield
2.23%
Effective Duration
0.35 years
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Morningstar’s Analysis

Will RFRCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Flux in the team weighs on our confidence level.

Senior Analyst

Summary

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Columbia Floating Rate had been run by Lynn Hopton and Yvonne Stevens since its inception in 2006. Their departure at the end of March 2018 was followed by the retirement of a longtime comanager and head of the team less than a year later and the change of lead manager at the end of 2020. That supports a Morningstar Analyst Rating of Neutral across most share classes, though its expensive C share class earns a Negative rating.

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