-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Tf9vKJbcC8VqHaz7SbO4NOKpCmRzvPC3D6yFISVqujoLkUMRlhZJ9vqA50a6XtXn
 f6gxbxugAEIa3BneRXKMhQ==

<SEC-DOCUMENT>0001288593-04-000002.txt : 20041008
<SEC-HEADER>0001288593-04-000002.hdr.sgml : 20041008
<ACCEPTANCE-DATETIME>20041008094202
ACCESSION NUMBER:		0001288593-04-000002
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040730
FILED AS OF DATE:		20041008
DATE AS OF CHANGE:		20041008

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Dougherty Raymond Joseph
		CENTRAL INDEX KEY:			0001288593

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-08953
		FILM NUMBER:		041071240

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		9726284100

	MAIL ADDRESS:	
		STREET 1:		13455 NOEL ROAD SUITE 1300
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75240

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COLUMBIA FLOATING RATE FUND
		CENTRAL INDEX KEY:			0001068200
		IRS NUMBER:				364251182
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		ONE FINANCIAL CENTER
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02111
		BUSINESS PHONE:		8003382550

	MAIL ADDRESS:	
		STREET 1:		ONE FINANCIAL CENTER
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02111

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIBERTY FLOATING RATE FUND
		DATE OF NAME CHANGE:	20001212

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIBERTY STEIN ROE ADVISOR FLOATING RATE FUND
		DATE OF NAME CHANGE:	19991025

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	STEIN ROE FLOATING RATE INCOME TRUST
		DATE OF NAME CHANGE:	19980929
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2004-07-30</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001068200</issuerCik>
        <issuerName>COLUMBIA FLOATING RATE FUND</issuerName>
        <issuerTradingSymbol>None</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001288593</rptOwnerCik>
            <rptOwnerName>Dougherty Raymond Joseph</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>13455 NOEL ROAD SUITE 1300</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75240</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Senior Vice President</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Shares of beneficial interest</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>Joseph Dougherty</signatureName>
        <signatureDate>2004-10-08</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----