Fund Description
The Fund is an exchange-traded fund (ETF) that seeks to replicate the performance of the Index. After a reasonable period after public launch, the Fund will invest at least 80% of its assets in securities within the Index. For purposes of this policy, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in bonds and other debt instruments issued by or on behalf of state or local governmental units whose interest is exempt from U.S. federal income tax. In addition, the Fund may invest up to 20% of its assets in bonds and other debt instruments not included within the Index, cash, cash equivalents and money market instruments, such as repurchase agreements and money market funds (including money market funds advised by Columbia Management Investment Advisers, LLC (Columbia Management or the Investment Manager)), that the Investment Manager believes will help the Fund track the Index.
Fund Profile
Fund Name Columbia Multi-Sector Municipal Income ETF
Fund Exchange Ticker MUST
Fund Sponsor Columbia Management
Fund ISIN US19761L6074
Net Expense Ratio 0.28 %
Fund Inception Date 10 October 2018
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Passive
Index Name Beta Advantage Multi-Sector Municipal Bond Index
Index Provider Bloomberg
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 16 January 2019
Asset Under Management 16.40 Million (USD)
1 Month Total Return 0.90 %
Year To Date Return 0.47 %
1 Year Total Return
3 Year Annualized Total Return
NAV 20.5
Share Outstanding 800,050
Top 10 Holdings (16 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
LOUISVILE ETC SWR-A 5 5/15/2028 BOND 0.0304000000
N TX TOLL AUTH-A-REF 5 1/1/2027 BOND 0.0216000000
NY DORM AUTH-A 5 7/1/2026 BOND 0.0205000000
LOUISVILLE & JEFFERSO 5 10/1/2030 BOND 0.0200000000
NJ ST ECO DEV-NN 5 3/1/2025 BOND 0.0198000000
METRO TRANSP AUTH-A2 5 11/15/2026 BOND 0.0196000000
WA HLTH CARE-B-REF 5 10/1/2029 BOND 0.0182000000
CHARLESTON EDL-REF 5 12/1/2026 BOND 0.0172000000
NJ ST ECO DEV-NN 5 3/1/2026 BOND 0.0171000000
HOWARD CO-B-REF 5 2/15/2028 BOND 0.0165000000