Columbia Floating Rate C (RFRCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
33.54
-0.01 (-0.03%)
Sep 12, 2025, 4:00 PM EDT
-0.03%
Fund Assets745.21M
Expense Ratio1.76%
Min. Investment$5,000
Turnover80.00%
Dividend (ttm)2.11
Dividend Yield6.30%
Dividend Growth-18.03%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close33.55
YTD Return0.90%
1-Year Return3.58%
5-Year Return20.34%
52-Week Low32.39
52-Week High33.71
Beta (5Y)n/a
Holdings365
Inception DateFeb 16, 2006

About RFRCX

Columbia Floating Rate Fund Class C is a mutual fund that focuses on delivering a high level of current income by primarily investing in floating-rate bank loans and other debt securities. Its core strategy centers on acquiring loans with interest rates that adjust periodically above common short-term benchmarks such as Libor or SOFR, which helps the fund mitigate interest rate risk and capitalize on changing rate environments. By targeting floating-rate instruments, the fund aims to offer higher income potential, typically in exchange for increased credit risk as it invests in below-investment-grade securities. This approach makes the fund particularly relevant for investors seeking alternatives to traditional fixed income during periods of rising interest rates. Columbia Floating Rate Fund Class C plays a vital role in the market by providing exposure to the bank loan sector, supported by an experienced research team, and is designed to potentially preserve capital as a secondary focus. Launched in 2006, the fund operates within the taxable bond category and is actively managed to adapt to changing macroeconomic conditions.

Fund Family Columbia Threadneedle
Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol RFRCX
Share Class Class C
Index Index is not available on Lipper Database

Performance

RFRCX had a total return of 3.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.94%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FFHCXFidelityFidelity Series Floating Rate Hi Incn/a

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
CFRYXInstitutional 3 Class0.69%
RFRFXInstitutional 2 Class0.73%
CFRZXInstitutional Class0.76%
RFRAXClass A1.01%

Top 10 Holdings

9.48% of assets
NameSymbolWeight
Columbia Short-Term Cashn/a3.90%
Ultimate Software Ukg Tlb 3.00ULTI.L 02.10.31 90.65%
Mcafee Corp Tlb1 3.0MCFE.L 03.01.29 70.64%
Primo Brand Corp (Triton) Tlb 2.25PRMB.L 03.31.28 10.63%
Proofpoint Tlb 3.0PFPT.L 08.31.28 50.62%
Indy Us Bidco Llc Tlb 3.5INDYUS.L 03.06.28 140.61%
Whatabrands Llc Tlb 2.5WHABRA.L 08.03.28 80.61%
SCIENTIFIC GAMES TLB 3.0n/a0.61%
Sedgwick Claims Mgmt Tlb 3.0SEDGEW.L 02.24.28 60.61%
TK ELEVATOR US NEWCO INC TLB 3.0n/a0.61%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.16625Aug 29, 2025
Jul 31, 2025$0.16132Jul 31, 2025
Jun 30, 2025$0.16197Jun 30, 2025
May 30, 2025$0.16132May 30, 2025
Apr 30, 2025$0.16727Apr 30, 2025
Mar 31, 2025$0.17215Mar 31, 2025
Full Dividend History