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 assets 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 "junk bonds") or, if unrated, be considered to be of comparable quality. Up to 25% of the fund's net assets may be invested in foreign investments. It normally invests in senior secured floating rate loans.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=Columbia
 http://www.globalfunddata.com/funds/new/performance/domicile?variant=United States
 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=Columbia Management Investment Adv LLC
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Bank Loan
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=Boston___United States
 http://www.globalfunddata.com/funds/new/performance/country?variant=United States
 http://www.globalfunddata.com/funds/new/performance/custodian?variant=J. P. Morgan Chase Bank, N.A.
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