MUST

Columbia Multi-Sector Municipal Income ETF

$20.56

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Columbia Multi-Sector Municipal Income ETF (MUST) seeks to provide current income that is generally exempt from federal income taxes by investing primarily in a diversified portfolio of municipal bonds.

Overview

ETF tracking Columbia Multi-Sector Municipal Income ETF

Category Municipal Bonds

Issuer Other

Inception Date 2018-10-10

Market Cap $485.2M

Average Volume N/A

Dividend Yield 2.74%

52-Week Range $19.47 - $20.86

VWAP $20.67

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a broad range of municipal bonds, including general obligation bonds, revenue bonds, and pre-refunded bonds, with varying maturities and credit qualities. The portfolio is actively managed to take advantage of opportunities across the municipal bond market.

✨ Key Features

Broad exposure to the municipal bond market across sectors and credit qualities
Actively managed portfolio to potentially capitalize on market opportunities
Aims to provide federal tax-exempt income
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of municipal bonds may decline when interest rates rise
Credit risk: The fund is exposed to the risk of default or downgrade of the underlying municipal bonds
Liquidity risk: The municipal bond market may experience periods of lower liquidity, which could affect the fund's ability to sell bonds
Concentration risk: The fund may have significant exposure to certain sectors or regions of the municipal bond market

👤 Best For

The Columbia Multi-Sector Municipal Income ETF may be suitable for investors seeking federal tax-exempt income and broad exposure to the municipal bond market. It may be particularly attractive for investors in higher tax brackets who are looking to generate tax-efficient returns. However, investors should be aware of the risks associated with municipal bonds, including interest rate and credit risks.