CFLRX: Columbia Floating Rate Adv

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CFLRX Columbia Floating Rate Adv


Profile

CFLRX - Profile

Vitals

  • YTD Return -8.0%
  • 3 Yr Annualized Return -3.1%
  • 5 Yr Annualized Return -2.0%
  • Net Assets $638 M
  • Holdings in Top 10 6.9%

52 WEEK LOW AND HIGH

$8.21
$6.97
$8.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.77%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 32.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA $1,000

Fund Classification


Distributions

  • YTD Total Return -8.0%
  • 3 Yr Annualized Total Return -3.1%
  • 5 Yr Annualized Total Return -2.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.95%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Columbia Floating Rate Fund
  • Fund Family Name
    Columbia
  • Inception Date
    Feb 28, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ronald Launsbach

Fund Description

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 floating rate debt securities. These debt instruments will generally be rated non-investment grade by recognized rating agencies (similar to "high yield" investments or "junk bonds") or, if unrated, determined to be of comparable quality. It may invest up to 25% of its net assets in foreign investments.


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Categories

Performance

CFLRX - Performance

Return Ranking - Trailing

Period CFLRX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.0% -100.0% 0.0% 69.38%
1 Yr -8.3% -100.0% 0.1% 66.28%
3 Yr -3.1%* -7.6% -0.3% 42.15%
5 Yr -2.0%* -5.5% -0.2% 34.69%
10 Yr N/A* -2.0% 0.2% N/A

* Annualized

Return Ranking - Calendar

Period CFLRX Return Category Return Low Category Return High Rank in Category (%)
2019 2.5% -8.1% 5.7% 52.78%
2018 -4.1% -12.2% 0.1% 16.88%
2017 0.3% -2.7% 2.5% 22.58%
2016 5.4% -0.4% 12.9% 33.82%
2015 -4.2% -12.5% -0.8% 41.27%

Total Return Ranking - Trailing

Period CFLRX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.0% -100.0% 0.0% 69.38%
1 Yr -8.3% -100.0% 0.1% 66.28%
3 Yr -3.1%* -7.6% 1.6% 56.50%
5 Yr -2.0%* -5.5% 1.6% 48.98%
10 Yr N/A* -2.0% 2.2% N/A

* Annualized

Total Return Ranking - Calendar

Period CFLRX Return Category Return Low Category Return High Rank in Category (%)
2019 2.5% -8.1% 5.7% 53.57%
2018 -4.1% -12.2% 2.5% 26.16%
2017 0.3% -2.5% 7.2% 32.26%
2016 5.4% -0.1% 12.9% 45.10%
2015 -4.2% -12.5% 1.6% 49.74%

NAV & Total Return History


Holdings

CFLRX - Holdings

Concentration Analysis

CFLRX Category Low Category High CFLRX % Rank
Net Assets 638 M 10.9 M 7.47 B 48.05%
Number of Holdings 343 32 1112 34.23%
Net Assets in Top 10 41.9 M -99.6 M 922 M 65.77%
Weighting of Top 10 6.90% 6.6% 66.7% 86.15%

Top 10 Holdings

  1. CHEMOURS COMPANY TLB 1.75 0.88%
  2. Sprint Communications Tlb 2.5 0.77%
  3. EASTERN POWER LLC (TPF II)TLB 3.75 0.74%
  4. American Airlines Group Inc 5% 0.68%
  5. Energysolutions Llc Tlb 3.75 0.66%
  6. SPDR® Blackstone / GSO Senior Loan ETF 0.66%
  7. Nestle Skin Health Tlb1 4.25 0.65%
  8. Royalty Pharma Finance Ii Tlb 1.75 0.64%
  9. Gardner Denver Spinco Tlb1 1.75 0.62%
  10. Informatica Llc Tlb 3.25 0.61%

Asset Allocation

Weighting Return Low Return High CFLRX % Rank
Bonds
94.31% 85.48% 146.79% 57.31%
Cash
3.77% -46.85% 12.63% 63.85%
Stocks
1.44% 0.00% 2.41% 7.31%
Other
0.47% -4.91% 4.49% 23.46%
Preferred Stocks
0.00% 0.00% 0.69% 64.62%
Convertible Bonds
0.00% 0.00% 5.18% 68.08%

Stock Sector Breakdown

Weighting Return Low Return High CFLRX % Rank
Communication Services
50.59% 0.00% 100.00% 39.09%
Basic Materials
17.82% 0.00% 100.00% 3.05%
Utilities
15.92% 0.00% 86.59% 12.18%
Technology
8.05% 0.00% 100.00% 26.40%
Consumer Cyclical
7.18% 0.00% 100.00% 26.90%
Consumer Defense
0.43% 0.00% 0.71% 5.58%
Energy
0.01% 0.00% 100.00% 57.87%
Real Estate
0.00% 0.00% 42.89% 57.36%
Industrials
0.00% 0.00% 42.01% 68.53%
Healthcare
0.00% 0.00% 100.00% 61.93%
Financial Services
0.00% 0.00% 100.00% 62.94%

Stock Geographic Breakdown

Weighting Return Low Return High CFLRX % Rank
US
1.44% 0.00% 2.41% 7.31%
Non US
0.00% 0.00% 0.22% 68.85%

Bond Sector Breakdown

Weighting Return Low Return High CFLRX % Rank
Corporate
96.16% 0.00% 99.87% 23.46%
Cash & Equivalents
3.84% 0.00% 69.22% 65.00%
Derivative
0.00% 0.00% 22.15% 65.00%
Securitized
0.00% 0.00% 99.45% 76.92%
Municipal
0.00% 0.00% 98.47% 61.54%
Government
0.00% 0.00% 46.99% 64.23%

Bond Geographic Breakdown

Weighting Return Low Return High CFLRX % Rank
US
85.81% 37.59% 99.45% 20.38%
Non US
8.50% 0.00% 101.81% 77.69%

Expenses

CFLRX - Expenses

Operational Fees

CFLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.77% 0.01% 27.10% 79.92%
Management Fee 0.64% 0.00% 1.00% 60.62%
12b-1 Fee 0.00% 0.00% 1.00% 9.72%
Administrative Fee N/A 0.03% 0.40% 26.43%

Sales Fees

CFLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 5.00% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CFLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CFLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.00% 5.00% 209.00% 33.46%

Distributions

CFLRX - Distributions

Dividend Yield Analysis

CFLRX Category Low Category High CFLRX % Rank
Dividend Yield 0.46% 0.00% 4.67% 8.88%

Dividend Distribution Analysis

CFLRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

CFLRX Category Low Category High CFLRX % Rank
Net Income Ratio 4.95% 1.40% 10.03% 45.17%

Capital Gain Distribution Analysis

CFLRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

CFLRX - Fund Manager Analysis

Managers

Ronald Launsbach


Start Date

Tenure

Tenure Rank

Apr 01, 2012

8.25

8.3%

Mr. Launsbach joined Columbia Management Investment Advisers, LLC in 2001. Mr. Launsbach began his investment career in 1994. Prior to joining Columbia Management Investment Advisers,LLC , Mr. Launsbach was employed as a Vice President of Investment Banking at Wedbush Morgan Securities, and prior to that he spent seven years in various roles at the Bank of Montreal and Union Bank of California. Mr. Launsbach earned a M.B.A. from Marshall School of Business at the University of Southern California.

Vesa Tontti


Start Date

Tenure

Tenure Rank

Feb 08, 2019

1.39

1.4%

Mr. Tontti began his investment career in 1997 and earned an M.S. from the Institute of Industrial Management of Helsinki University of Technology, Finland.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.14 16.61 5.4 2.76