Columbia Floating Rate has experienced a revolving door of portfolio managers since 2018. This team implements a structured, robust process of credit risk management and portfolio construction, but given the newness of the management team, it doesn’t have a track record of executing the process. The strategy retains its Average People and Process Pillar ratings and its Morningstar Analyst Rating of Neutral across most share classes, though its expensive C shares retain a Negative rating.
NAV / 1-Day Return
32.71 / 0.29 %
Adj. Expense Ratio
Longest Manager Tenure
Credit Quality / Interest Rate SensitivityLow / Limited
Min. Initial Investment
Morningstar’s Fund Analysis RFRFX
Will RFRFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.