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Columbia Floating Rate Inst2 RFRFX

Analyst rating as of
NAV / 1-Day Return
35.57  /  0.00
Total Assets
771.7 Mil
Adj. Expense Ratio
0.740%
Expense Ratio
0.740%
Fee Level
Average
Longest Manager Tenure
2.68 years
Category
Bank Loan
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
0
Status
Open
TTM Yield
3.28%
Effective Duration
0.35 years
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Morningstar’s Analysis

Will RFRFX outperform in future?

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

Changes in the Management Team of Columbia Floating Rate; Ratings Unchanged

Senior Analyst

Analyst Note

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On June 15, 2021, Steve Columbaro, the lead manager of Columbia Floating Rate CFRZX, left Columbia Threadneedle. Effective June 15, current comanager Vesa Tontti was named lead portfolio manager, while Daniel DeYoung remains a comanager of the strategy. Tontti has been a named manager here since early 2019 but joined the team in 2002. DeYoung, formerly a senior analyst and head of Columbia's high-yield research, has been a comanager of Columbia High Yield Bond CHYYX since February 2019.

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