Columbia Floating is trading at 33.65 as of the 8th of January 2025; that is 0.03% up since the beginning of the trading day. The fund's open price was 33.64. Columbia Floating has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 9th of December 2024 and ending today, the 8th of January 2025. Click here to learn more.
Under normal market conditions, at least 80 percent of the funds net assets 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 or, if unrated, determined to be of comparable quality. More on Columbia Floating Rate
Columbia Floating Rate [RFRAX] is traded in USA and was established 8th of January 2025. Columbia Floating is listed under Columbia Threadneedle category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of Columbia Threadneedle family. This fund at this time has accumulated 615.2 M in assets with no minimum investment requirementsColumbia Floating Rate is currently producing year-to-date (YTD) return of 0.24% with the current yeild of 0.08%, while the total return for the last 3 years was 5.5%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Columbia Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Columbia Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Columbia Floating Rate Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Columbia Floating Rate Mutual Fund Constituents
Other Information on Investing in Columbia Mutual Fund
Columbia Floating financial ratios help investors to determine whether Columbia Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Columbia with respect to the benefits of owning Columbia Floating security.