Contact Us  

Follow Us  

LinkedIn

Overview

Daily Price as of 12/13/2018
NAV$20.27Daily $ Change$-0.01 Daily % Change-0.05%

Investment Objective

Columbia Multi-Sector Municipal Income ETF (the fund) seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage Multi-Sector Municipal Bond Index.

Fund Details
Ticker MUST
IOPV* MUST.IV
CUSIP 19761L607
Inception Date 10/10/2018
Exchange NYSE Arca
Benchmark Beta Advantage Multi-Sector Municipal Bond Index
Expense Ratios as of 10/10/2018
Net Expense Ratio 0.28%
Total Expense Ratio 0.28%
Profile as of 12/13/2018
Shares Outstanding 800,050
Total Net Assets $16,216,313
Fund Data as of 12/13/2018
NAV $20.27
Market Price $20.29
Premium / Discount ($) $0.02
Premium / Discount (%) 0.10%
Bid / Ask Midpoint $20.29
Last Trade Price $20.29
Volume 25

Disclosure

The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted here.

Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times. * A calculation disseminated by the stock exchange that approximates the Fund's NAV every 15 seconds throughout the trading day.

Index Strategy & Description

The Beta Advantage® Multi-Sector Municipal Bond Index (the index) features five segments of the municipal debt market: 1) Municipal Core General Obligations, 2) Municipal High Quality Revenue, 3) Municipal Core Revenue, 4) Municipal Healthcare and 5) Municipal High Yield. The first four segments derive component bonds from a subset index or indices of the Bloomberg Barclays Municipal Bond Index. Each of the five segments is assigned a predefined weight in the index. California bonds, Guam bonds, Puerto Rico bonds, U.S. Virgin Island bonds, other U.S. territories, commonwealths and possessions, pre-funded bonds, insured bonds, floaters, callable bonds with less than 1 year to call, tobacco bonds, and derivatives are excluded from the index. The fund uses a representative sampling approach, resulting in a smaller number of securities than are in the index. It is not possible to invest directly in an index.

Performance

Total Return Performance (%) as of 11/30/2018

  1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception Cumulative 1 Since Inception Annualized 1 Net Expense
Ratio
Gross Expense Ratio
Total Returns (Net Asset Value)1.10%-----1.20%8.73%0.28%0.28%
Total Returns (Market Price)0.70%-----1.15%8.36%0.28%0.28%

Total Return Performance (%) as of

  1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception Cumulative 1 Since Inception Annualized 1 Net Expense
Ratio
Gross Expense Ratio
Total Returns (Net Asset Value)--------0.28%0.28%
Total Returns (Market Price)--------0.28%0.28%
< Swipe table for more info >

Disclosure

1Returns are cumulative since inception.

2 Fund Inception Date 10/10/2018.

The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns (Net Asset Value) are calculated using the daily 4:00pm net asset value (NAV). Market price above returns reflect the closing trade price on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times. Call 1-888.800.4347 for current month end performance.

This Fund is new and therefore has limited performance history.

Performance results shown reflect the expense reimbursement, without which the results would have been lower.

Holdings

Download All Holdings

Top Holdings (% of NET ASSETS) as of 12/13/2018

Security Symbol Shares Share Price Weight (%)
LOUISVILE ETC SWR-A 5 5/15/2028-460,000$108.283.07%
N TX TOLL AUTH-A-REF 5 1/1/2027-305,000$114.962.16%
NY DORM AUTH-A 5 7/1/2026-300,000$111.982.07%
LOUISVILLE & JEFFERSO 5 10/1/2030-290,000$111.732.00%
NJ ST ECO DEV-NN 5 3/1/2025-300,000$107.411.99%
METRO TRANSP AUTH-A2 5 11/15/2026-275,000$115.531.96%
WA HLTH CARE-B-REF 5 10/1/2029-250,000$117.991.82%
NJ ST ECO DEV-NN 5 3/1/2026-260,000$107.151.72%
CHARLESTON EDL-REF 5 12/1/2026-250,000$111.421.72%
HOWARD CO-B-REF 5 2/15/2028-225,000$118.851.65%
NEW HANOVER-REF 5 10/1/2029-230,000$114.771.63%
< Swipe table for more info >

VIEW ALL HOLDINGS

Subject to change.

PREMIUM/DISCOUNT as of 10/10/2018

The Fund launched on 10/10/2018, therefore, Premium/Discount information is not available at this time.

< Swipe table for more info >

DISTRIBUTIONS

Breakdown of Distribution
Ex-Date Record Date Payable Date Income Short-Term Capital Gains Long-Term Capital Gains Return of Capital Total Distribution
12/03/201812/04/201812/06/2018$0.07442---$0.07442
< Swipe table for more info >

VIEW ALL DISTRIBUTIONS

Literature