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Trending ETFs

Columbia Floating Rate Fund

mutual fund
CFRYX
Payout Change
Pending
Price as of:
$33.66 +0.01 +0.03%
primary theme
Bank Loan
CFRYX (Mutual Fund)

Columbia Floating Rate Fund

Payout Change
Pending
Price as of:
$33.66 +0.01 +0.03%
primary theme
Bank Loan
CFRYX (Mutual Fund)

Columbia Floating Rate Fund

Payout Change
Pending
Price as of:
$33.66 +0.01 +0.03%
primary theme
Bank Loan

Name

As of 12/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$33.66

$726 M

7.81%

$2.63

0.71%

Vitals

YTD Return

8.8%

1 yr return

9.2%

3 Yr Avg Return

5.8%

5 Yr Avg Return

38.3%

Net Assets

$726 M

Holdings in Top 10

10.1%

52 WEEK LOW AND HIGH

$33.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.71%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 75.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$33.66

$726 M

7.81%

$2.63

0.71%

CFRYX - Profile

Distributions

  • YTD Total Return 8.8%
  • 3 Yr Annualized Total Return 5.8%
  • 5 Yr Annualized Total Return 38.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.55%
DIVIDENDS
  • Dividend Yield 7.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Columbia Floating Rate Fund
  • Fund Family Name
    Columbia Funds Complex
  • Inception Date
    Jun 01, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Vesa Tontti

Fund Description

Under normal market conditions, at least 80% of the Fund’s net assets (including the amount of any borrowings for investment purposes) will be invested in floating rate loans and floating rate debt securities.These debt instruments will generally be rated non-investment grade by recognized rating agencies (similar to “high-yield” investments or “junk bonds”) or, if unrated, determined to be of comparable quality. The Fund may invest up to 25% of its net assets in foreign investments.
The Fund normally invests in senior secured floating rate loans.Senior floating rate loans held by the Fund will generally have final maturities of nine years or less.
The Fund may also invest in other securities, including investment grade fixed income debt instruments, non-investment grade fixed income debt instruments, affiliated money market funds and certain money market instruments.To the extent the Fund invests in derivative instruments, the Fund may count the value of derivative securities with floating rate loan characteristics towards its 80% policy.For purposes of the 80% policy, money market holdings with a remaining maturity of less than 60 days will be deemed floating rate assets.
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CFRYX - Performance

Return Ranking - Trailing

Period CFRYX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -3.4% 11.0% 33.96%
1 Yr 9.2% -3.2% 13.1% 50.57%
3 Yr 5.8%* -6.8% 8.4% 42.97%
5 Yr 38.3%* -6.1% 38.3% 0.41%
10 Yr N/A* -2.0% 19.9% 27.88%

* Annualized

Return Ranking - Calendar

Period CFRYX Return Category Return Low Category Return High Rank in Category (%)
2023 2.8% -12.0% 11.1% 57.74%
2022 -7.1% -22.9% 5.1% 46.12%
2021 1.4% -12.2% 11.1% 29.76%
2020 289.6% -14.1% 289.8% 1.65%
2019 2.5% -8.1% 7.5% 57.02%

Total Return Ranking - Trailing

Period CFRYX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -3.4% 11.0% 33.96%
1 Yr 9.2% -3.2% 13.1% 50.57%
3 Yr 5.8%* -6.8% 8.4% 42.97%
5 Yr 38.3%* -6.1% 38.3% 0.41%
10 Yr N/A* -2.0% 19.9% 26.79%

* Annualized

Total Return Ranking - Calendar

Period CFRYX Return Category Return Low Category Return High Rank in Category (%)
2023 13.2% -12.0% 22.1% 28.30%
2022 -2.1% -22.9% 5.1% 43.02%
2021 4.9% -10.2% 11.1% 41.67%
2020 306.9% -14.1% 306.9% 0.41%
2019 8.6% -3.6% 10.5% 26.81%

NAV & Total Return History


CFRYX - Holdings

Concentration Analysis

CFRYX Category Low Category High CFRYX % Rank
Net Assets 726 M 29.9 M 13.5 B 49.81%
Number of Holdings 342 2 2051 47.86%
Net Assets in Top 10 75.8 M -191 M 2.37 B 58.75%
Weighting of Top 10 10.10% 5.2% 100.7% 76.56%

Top 10 Holdings

  1. COLUMBIA SHORT TERM CASH FUND 4.09%
  2. MEDLINE BORROWER LP TLB 2.75 0.76%
  3. CLOUD SOFTWARE GROUP TLB 4.0 0.72%
  4. ENTAIN PLC TLB3 2.75 0.67%
  5. MCAFEE CORP TLB1 3.25 0.67%
  6. GREAT OUTDOORS GROUP LLC TLB1 3.75 0.66%
  7. PERATON CORP TLB 3.75 0.65%
  8. CDK GLOBAL TLB 3.25 0.64%
  9. CREATIVE ARTISTS AGENCY TLB 3.25 0.62%
  10. WHATABRANDS LLC TLB 2.75 0.62%

Asset Allocation

Weighting Return Low Return High CFRYX % Rank
Bonds
96.02% 0.00% 161.82% 45.91%
Cash
4.09% -61.90% 16.36% 34.63%
Stocks
0.46% 0.00% 100.74% 64.59%
Convertible Bonds
0.14% 0.00% 5.51% 23.92%
Preferred Stocks
0.00% -3.99% 7.54% 30.74%
Other
0.00% -52.39% 26.58% 71.98%

Stock Sector Breakdown

Weighting Return Low Return High CFRYX % Rank
Utilities
0.00% 0.00% 100.00% 10.44%
Technology
0.00% 0.00% 100.00% 75.27%
Real Estate
0.00% 0.00% 48.61% 82.97%
Industrials
0.00% 0.00% 100.00% 79.67%
Healthcare
0.00% 0.00% 100.00% 67.58%
Financial Services
0.00% 0.00% 89.61% 83.52%
Energy
0.00% 0.00% 100.00% 61.54%
Communication Services
0.00% 0.00% 100.00% 19.78%
Consumer Defense
0.00% 0.00% 100.00% 23.08%
Consumer Cyclical
0.00% 0.00% 97.66% 50.00%
Basic Materials
0.00% 0.00% 1.36% 84.07%

Stock Geographic Breakdown

Weighting Return Low Return High CFRYX % Rank
US
0.46% -0.01% 100.74% 62.26%
Non US
0.00% 0.00% 0.68% 64.98%

Bond Sector Breakdown

Weighting Return Low Return High CFRYX % Rank
Corporate
92.07% 0.00% 99.80% 34.90%
Cash & Equivalents
4.09% 0.00% 25.03% 33.07%
Derivative
0.00% -11.46% 0.67% 87.55%
Securitized
0.00% 0.00% 91.68% 99.61%
Municipal
0.00% 0.00% 0.47% 97.25%
Government
0.00% 0.00% 3.18% 98.82%

Bond Geographic Breakdown

Weighting Return Low Return High CFRYX % Rank
US
96.02% 0.00% 124.50% 30.74%
Non US
0.00% 0.00% 63.23% 74.71%

CFRYX - Expenses

Operational Fees

CFRYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.71% 0.03% 5.51% 90.15%
Management Fee 0.65% 0.00% 1.89% 61.74%
12b-1 Fee 0.00% 0.00% 1.00% 9.02%
Administrative Fee N/A 0.02% 0.27% 25.71%

Sales Fees

CFRYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

CFRYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CFRYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 75.00% 4.00% 180.00% 60.33%

CFRYX - Distributions

Dividend Yield Analysis

CFRYX Category Low Category High CFRYX % Rank
Dividend Yield 7.81% 0.00% 11.13% 32.83%

Dividend Distribution Analysis

CFRYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

CFRYX Category Low Category High CFRYX % Rank
Net Income Ratio 3.55% 1.77% 9.82% 52.96%

Capital Gain Distribution Analysis

CFRYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

CFRYX - Fund Manager Analysis

Managers

Vesa Tontti


Start Date

Tenure

Tenure Rank

Feb 08, 2019

3.31

3.3%

Mr. Tontti began his investment career in 1997 and earned an M.S. from the Institute of Industrial Management of Helsinki University of Technology, Finland.

Daniel DeYoung


Start Date

Tenure

Tenure Rank

Nov 06, 2020

1.56

1.6%

Mr. DeYoung began his investment career in 2005 and earned a B.S. from the University of Minnesota Carlson School of Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 21.18 6.08 3.25