Columbia Floating Rate Fund Class C (RFRCX)
| Fund Assets | 666.32M |
| Expense Ratio | 1.76% |
| Min. Investment | $5,000 |
| Turnover | 80.00% |
| Dividend (ttm) | 1.96 |
| Dividend Yield | 6.01% |
| Dividend Growth | -17.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 32.57 |
| YTD Return | -0.95% |
| 1-Year Return | 4.23% |
| 5-Year Return | 19.06% |
| 52-Week Low | 32.37 |
| 52-Week High | 33.57 |
| Beta (5Y) | n/a |
| Holdings | 372 |
| Inception Date | Feb 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.
Performance
RFRCX had a total return of 4.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.02%.
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 High Income Fund | n/a |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.14614 | Feb 27, 2026 |
| Jan 30, 2026 | $0.15885 | Jan 30, 2026 |
| Dec 31, 2025 | $0.16883 | Dec 31, 2025 |
| Nov 28, 2025 | $0.15947 | Nov 28, 2025 |
| Oct 31, 2025 | $0.16625 | Oct 31, 2025 |
| Sep 30, 2025 | $0.16685 | Sep 30, 2025 |