Columbia Floating Rate Inst (CFRZX)
| Fund Assets | 745.21M |
| Expense Ratio | 0.76% |
| Min. Investment | $2,000 |
| Turnover | 80.00% |
| Dividend (ttm) | 2.44 |
| Dividend Yield | 7.30% |
| Dividend Growth | -16.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 33.49 |
| YTD Return | 1.07% |
| 1-Year Return | 4.12% |
| 5-Year Return | 26.50% |
| 52-Week Low | 32.34 |
| 52-Week High | 33.66 |
| Beta (5Y) | n/a |
| Holdings | 365 |
| Inception Date | Sep 27, 2010 |
About CFRZX
Columbia Floating Rate Fund Institutional Class is a mutual fund dedicated to delivering a high level of current income, with capital preservation as a secondary goal. The fund primarily invests at least 80% of its assets in floating rate loans and other floating rate debt securities, which are typically rated below investment grade. This focus on floating rate instruments helps the fund mitigate interest rate risk since coupon payments adjust periodically with market rates. The assets are diversified across a broad range of sectors that issue bank loans, making it relevant for investors seeking exposure to corporate credit with a floating rate income profile. Its monthly income distribution and above-average risk and performance ratings reflect the fund's positioning among bank loan portfolios. Columbia Floating Rate Fund Institutional Class serves as an important tool for institutional and individual investors who want to enhance income while limiting sensitivity to rising rates, playing a significant role within the broader fixed income segment of the financial market.
Performance
CFRZX had a total return of 4.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.18%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate Hi Inc | n/a |
Top 10 Holdings
9.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Columbia Short-Term Cash | n/a | 3.90% |
| Ultimate Software Ukg Tlb 3.00 | ULTI.L 02.10.31 9 | 0.65% |
| Mcafee Corp Tlb1 3.0 | MCFE.L 03.01.29 7 | 0.64% |
| Primo Brand Corp (Triton) Tlb 2.25 | PRMB.L 03.31.28 1 | 0.63% |
| Proofpoint Tlb 3.0 | PFPT.L 08.31.28 5 | 0.62% |
| Indy Us Bidco Llc Tlb 3.5 | INDYUS.L 03.06.28 14 | 0.61% |
| Whatabrands Llc Tlb 2.5 | WHABRA.L 08.03.28 8 | 0.61% |
| SCIENTIFIC GAMES TLB 3.0 | n/a | 0.61% |
| Sedgwick Claims Mgmt Tlb 3.0 | SEDGEW.L 02.24.28 6 | 0.61% |
| TK ELEVATOR US NEWCO INC TLB 3.0 | n/a | 0.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.19435 | Aug 29, 2025 |
| Jul 31, 2025 | $0.18937 | Jul 31, 2025 |
| Jun 30, 2025 | $0.18909 | Jun 30, 2025 |
| May 30, 2025 | $0.1893 | May 30, 2025 |
| Apr 30, 2025 | $0.19397 | Apr 30, 2025 |
| Mar 31, 2025 | $0.2001 | Mar 31, 2025 |