An aqueous coating composition comprising: (a) an aqueous copolymer dispersion comprising an emulsion copolymer having a glass transition temperature of from 8 to 40°C and comprising, as copolymerized units, based on the solids weight of the emulsion copolymer, from 1 to 3.5% by weight of a phosphorus-containing monomer selected from a phosphoalkyl (meth)acrylate, a phosphoalkoxy (meth)acrylate, salts thereof, and mixtures thereof; wherein the aqueous copolymer dispersion is present in an amount of from 2.5 to 7.5% by solids weight based on the total weight of the acqueous coating composition; (b) a coalescent having a concentration, C c, based on the solids weight of the aqueous copolymer dispersion, being determined as follows: C c < 2 / 5 * T g − C P * 100 + 4 / 100 wherein T g is the glass transition temperature of the emulsion copolymer, wherein the T g value is calculated by the linear equation, for example, T g = W a * T ga + W b * T gb + W c * T gc wherein T ga, T gb, and T gc refer to the T g of Monomer a, Monomer b, and Monomer c, respectively; and W a, W b, and W c refer to the weight fraction of Monomer a, Monomer b, and Monomer c, based on the weight of total monomers, respectively, °C; and C p is the concentration of the copolymerized phosphorous-containing monomer based on the solids weight of the emulsion copolymer; and (c) pigments; and, optionally, (d) extenders, which are white transparent or semi-transparent components; wherein the aqueous coating composition has a pigment volume concentration ("PVC") of at least 70 % (calculated as defined herein in the examples of the description). (a) an aqueous copolymer dispersion comprising an emulsion copolymer having a glass transition temperature of from 8 to 40°C and comprising, as copolymerized units, based on the solids weight of the emulsion copolymer, from 1 to 3.5% by weight of a phosphorus-containing monomer selected from a phosphoalkyl (meth)acrylate, a phosphoalkoxy (meth)acrylate, salts thereof, and mixtures thereof; wherein the aqueous copolymer dispersion is present in an amount of from 2.5 to 7.5% by solids weight based on the total weight of the acqueous coating composition; (b) a coalescent having a concentration, C c, based on the solids weight of the aqueous copolymer dispersion, being determined as follows: C c < 2 / 5 * T g − C P * 100 + 4 / 100 wherein T g is the glass transition temperature of the emulsion copolymer, wherein the T g value is calculated by the linear equation, for example, T g = W a * T ga + W b * T gb + W c * T gc wherein T ga, T gb, and T gc refer to the T g of Monomer a, Monomer b, and Monomer c, respectively; and W a, W b, and W c refer to the weight fraction of Monomer a, Monomer b, and Monomer c, based on the weight of total monomers, respectively, °C; and C p is the concentration of the copolymerized phosphorous-containing monomer based on the solids weight of the emulsion copolymer; and wherein T g is the glass transition temperature of the emulsion copolymer, wherein the T g value is calculated by the linear equation, for example, T g = W a * T ga + W b * T gb + W c * T gc wherein T ga, T gb, and T gc refer to the T g of Monomer a, Monomer b, and Monomer c, respectively; and W a, W b, and W c refer to the weight fraction of Monomer a, Monomer b, and Monomer c, based on the weight of total monomers, respectively, °C; and C p is the concentration of the copolymerized phosphorous-containing monomer based on the solids weight of the emulsion copolymer; and (c) pigments; and, optionally, (d) extenders, which are white transparent or semi-transparent components;