Columbia Floating Rate C (RFRCX)
Fund Assets | 745.21M |
Expense Ratio | 1.76% |
Min. Investment | $5,000 |
Turnover | 80.00% |
Dividend (ttm) | 2.11 |
Dividend Yield | 6.30% |
Dividend Growth | -18.03% |
Payout Frequency | Monthly |
Ex-Dividend Date | Aug 29, 2025 |
Previous Close | 33.55 |
YTD Return | 0.90% |
1-Year Return | 3.58% |
5-Year Return | 20.34% |
52-Week Low | 32.39 |
52-Week High | 33.71 |
Beta (5Y) | n/a |
Holdings | 365 |
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 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.
Symbol | Provider | Name | Expense Ratio |
---|---|---|---|
FFHCX | Fidelity | Fidelity Series Floating Rate Hi Inc | n/a |
Top 10 Holdings
9.48% of assetsName | 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 | $0.16625 | Aug 29, 2025 |
Jul 31, 2025 | $0.16132 | Jul 31, 2025 |
Jun 30, 2025 | $0.16197 | Jun 30, 2025 |
May 30, 2025 | $0.16132 | May 30, 2025 |
Apr 30, 2025 | $0.16727 | Apr 30, 2025 |
Mar 31, 2025 | $0.17215 | Mar 31, 2025 |