Columbia Floating Rate Fund Quote
| CFRZX Fund | USD 33.62 0.01 0.03% |
Performance20 of 100
| Odds Of DistressLess than 15
|
Columbia Floating is trading at 33.62 as of the 29th of November 2024; that is 0.03% up since the beginning of the trading day. The fund's open price was 33.61. Columbia Floating has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Columbia Floating Rate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of October 2024 and ending today, the 29th of November 2024. 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
Moving together with Columbia Mutual Fund
| 0.93 | CUSHX | Columbia Ultra Short | PairCorr |
| 0.97 | CUSBX | Columbia Ultra Short | PairCorr |
| 0.91 | CDAZX | Multi-manager Directional | PairCorr |
| 0.76 | CUURX | Columbia Small Cap | PairCorr |
Moving against Columbia Mutual Fund
Columbia Mutual Fund Highlights
| Fund Concentration | Columbia Funds, Large Funds, Bank Loan Funds, Bank Loan, Columbia (View all Sectors) |
| Update Date | 30th of September 2024 |
Columbia Floating Rate [CFRZX] is traded in USA and was established 29th of November 2024. Columbia Floating is listed under Columbia category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of Columbia family. This fund currently has accumulated 1.32 B in assets under management (AUM) with no minimum investment requirementsColumbia Floating Rate is currently producing year-to-date (YTD) return of 7.53% with the current yeild of 0.09%, while the total return for the last 3 years was 5.57%.
Check Columbia Floating Probability Of Bankruptcy
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
| LYB | LyondellBasell Industries NV | Stock | Materials | |
| SRLN | SPDR Blackstone Senior | Etf | Bank Loan |
Columbia Floating Rate Risk Profiles
| Mean Deviation | 0.0619 | |||
| Standard Deviation | 0.139 | |||
| Variance | 0.0193 | |||
| Downside Variance | 0.001 |
Columbia Floating Against Markets
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.
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