About Columbia Multi-Sector Municipal Income ETF (MUST)

The Columbia Multi-Sector Municipal Income ETF (MUST) is an exchange-traded fund that aims to provide investors with exposure to a diversified portfolio of municipal bonds. The fund seeks to generate income that is exempt from federal income taxes and seeks to avoid exposure to alternative minimum tax. MUST invests primarily in investment-grade municipal bonds, which are issued by state and local governments to fund public infrastructure projects such as schools, hospitals, and roads.

MUST is managed by Columbia Threadneedle Investments, a leading global asset manager with a long history of managing fixed income portfolios. The fund employs a multi-sector approach, meaning it invests in a broad range of municipal bond sectors, including general obligation bonds, revenue bonds, and essential service revenue bonds. This diversification helps to reduce the impact of any one sector or issuer, making the fund less vulnerable to market fluctuations.