Columbia Floating Rate Fund Class ARFRAX

9.23
0.00 / 0.00%
9.16 - 9.28+1.30
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Aug 29 2014.

Total returns on $10,000

As of Jul 31 2014.Fund performance

Objective

The investment seeks to provide shareholders with a high level of current income and, as a secondary objective, preservation of capital. Under normal market conditions, at least 80% of the fund's net assets (including the amount of any borrowings for investment purposes) will be invested in floating rate loans and other floating rate debt securities. These debt obligations will generally be rated non-investment grade by recognized rating agencies (similar to "high yield securities" or "junk bonds") or, if unrated, determined to be of comparable quality. Senior floating rate loans held by the fund will generally have final maturities of nine years or less.

Profile

Fund typeOpen Ended Investment Company
Investment style (stocks)
Market Cap: Large
Investment Style: Value
Investment style (bonds)
Credit Quality: Low
Interest-Rate Sensitivity: Ltd
Morningstar categoryBank Loan
Launch date16/02/2006
Price currencyUSD
DomicileUnited States
SymbolRFRAX
Manager & start date
Lynn Hopton
16/02/2006
Yvonne Stevens
16/02/2006
Steven Staver
17/11/2008
Ronald Launsbach
01/04/2012

Investment

Pricing frequencyDaily
Total net assets
696.28m USDAs of Jul 31 2014
Net expense ratio1.06%
Front end load3.00%
Deferred load--
Redemption fee--
Min. initial investment5,000 USD
Min. additional investment100.00 USD
Initial IRA5,000 USD
Additional IRA100.00 USD
Available for saleUnited States

Diversification

Asset type

US bond
80.58%
Other
6.89%
Non-US bond
6.77%
Cash
3.93%
US stock
1.76%
Non-US stock
0.07%

Top 5 sectors

Basic Materials
0.92%
Consumer Cyclical
0.32%
Communication Services
0.04%

Top 5 Regions

United States
1.76%
United Kingdom
0.07%

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
PowerShares Senior Loan Port
BKLN:PCQ:USD
+0.04%0.99%
LyondellBasell Industries NV
LYB:NYQ
+62.66%0.83%
Dell Inc Tlb 3.5--0.79%
Clear Channel Comm Tld 6.75--0.68%
Community Health Sys Tld 3.25--0.66%
Data delayed at least 15 minutes, as of Jun 30 2014.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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