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Trending ETFs

Columbia Multi-Sector Municipal Income ETF

etf
MUST
Dividend policy
None
Price as of:
$22.26 +0.05 +0%
primary theme
Municipal Bond
MUST (ETF)

Columbia Multi-Sector Municipal Income ETF

Dividend policy
None
Price as of:
$22.26 +0.05 +0%
primary theme
Municipal Bond
MUST (ETF)
Columbia Multi-Sector Municipal Income ETF
Dividend policy
None
Price as of:
$22.26 +0.05 +0%
primary theme
Municipal Bond

MUST - Snapshot

Vitals

  • YTD Return -0.8%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $75.3 M
  • Holdings in Top 10 6.4%

52 WEEK LOW AND HIGH

$22.22
$19.44
$22.71

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.23%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 11.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Municipal Bond
  • Fund Type Exchange Traded Fund
  • Investment Style Muni National Interm

Compare MUST to Popular Municipal Bond Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$14.72

+0.07%

$82.69 B

-

$0.00

blocked
blocked
blocked

-0.94%

0.17%

$11.23

+0.09%

$34.87 B

-

$0.00

blocked
blocked
blocked

-0.27%

0.17%

$13.51

0.00%

$24.94 B

-

$0.00

blocked
blocked
blocked

-0.81%

0.52%

$15.94

+0.06%

$21.69 B

-

$0.00

blocked
blocked
blocked

-0.06%

0.17%

$12.22

+0.16%

$18.23 B

-

$0.00

blocked
blocked
blocked

-1.13%

0.17%

Compare MUST to Popular Municipal Bond ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$54.44

+0.13%

$11.98 B

1.98%

$1.08

blocked
blocked
blocked

-1.36%

0.06%

$49.53

+0.04%

$4.52 B

1.11%

$0.55

blocked
blocked
blocked

-0.52%

0.20%

$51.54

+0.23%

$3.37 B

1.92%

$0.99

blocked
blocked
blocked

-1.81%

0.30%

$56.24

+0.09%

$1.95 B

2.18%

$1.22

blocked
blocked
blocked

-0.86%

0.65%

-

-

$1.77 B

-

$0.00

blocked
blocked
blocked

-1.84%

0.24%

MUST - Profile

Distributions

  • YTD Total Return -0.8%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.37%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Columbia Multi-Sector Municipal Income ETF
  • Fund Family Name
    Columbia Threadneedle
  • Inception Date
    Oct 10, 2018
  • Shares Outstanding
    3400050
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Catherine Stienstra

Fund Description

The fund will invest at least 80% of its assets in securities within the index. It 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. The index reflects a rules-based, multi-sector strategic beta approach to measuring the performance of the U.S. tax-exempt bond market.


MUST - Performance

Return Ranking - Trailing

Period MUST Return Category Return Low Category Return High Rank in Category (%)
YTD -0.8% -2.7% 1.7% 38.19%
1 Yr 2.2% -5.6% 5.8% 2.92%
3 Yr N/A* 0.3% 9.5% N/A
5 Yr N/A* -0.5% 7.5% N/A
10 Yr N/A* -0.1% 10.0% N/A

* Annualized

Return Ranking - Calendar

Period MUST Return Category Return Low Category Return High Rank in Category (%)
2020 4.1% -2.8% 310.0% 2.63%
2019 5.4% -0.3% 15.4% 10.36%
2018 N/A -10.3% 97.2% N/A
2017 N/A -100.0% 7.6% N/A
2016 N/A -7.9% 96.8% N/A

Total Return Ranking - Trailing

Period MUST Return Category Return Low Category Return High Rank in Category (%)
YTD -0.8% -2.7% 1.7% 38.19%
1 Yr 2.2% -5.9% 5.8% 2.23%
3 Yr N/A* -1.7% 9.5% N/A
5 Yr N/A* -1.6% 7.5% N/A
10 Yr N/A* -0.2% 10.0% N/A

* Annualized

Total Return Ranking - Calendar

Period MUST Return Category Return Low Category Return High Rank in Category (%)
2020 4.1% -2.8% 310.0% 2.63%
2019 5.4% -0.3% 15.4% 10.54%
2018 N/A -10.3% 11.0% N/A
2017 N/A -100.0% 7.6% N/A
2016 N/A -7.9% 3.0% N/A

MUST - Holdings

Concentration Analysis

MUST Category Low Category High MUST % Rank
Net Assets 75.3 M 632 K 82.7 B 89.48%
Number of Holdings 346 3 11152 32.84%
Net Assets in Top 10 4.76 M -192 M 4.18 B 95.28%
Weighting of Top 10 6.39% 2.5% 100.0% 93.77%

Top 10 Holdings

  1. NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% 0.79%
  2. MICHIGAN FIN AUTH REV 5% 0.71%
  3. METROPOLITAN TRANSN AUTH N Y REV 5% 0.70%
  4. NEW JERSEY ST TRANSN TR FD AUTH 5% 0.69%
  5. MARYLAND WTR QUALITY FING ADMIN BAY RESTORATION FD REV 3% 0.68%
  6. LOUISVILLE & JEFFERSON CNTY KY METRO GOVT HEALTH SYS REV 5% 0.67%
  7. OHIO ST TPK COMMN TPK REV 0% 0.67%
  8. NORTH TEX TWY AUTH REV 5% 0.66%
  9. DENVER COLO CITY & CNTY ARPT REV 5% 0.63%
  10. PORT AUTH N Y & N J 5% 0.63%

Asset Allocation

Weighting Return Low Return High MUST % Rank
Bonds
99.77% 73.02% 147.73% 26.75%
Cash
0.23% -47.72% 26.99% 72.22%
Stocks
0.00% 0.00% 2.18% 84.04%
Preferred Stocks
0.00% -0.94% 0.00% 82.90%
Other
0.00% -13.58% 13.72% 83.41%
Convertible Bonds
0.00% -0.92% 1.32% 83.18%

Bond Sector Breakdown

Weighting Return Low Return High MUST % Rank
Municipal
99.77% 46.52% 100.00% 25.34%
Cash & Equivalents
0.23% 0.00% 26.99% 73.52%
Derivative
0.00% 0.00% 0.85% 83.18%
Securitized
0.00% 0.00% 6.51% 83.58%
Corporate
0.00% 0.00% 15.75% 85.34%
Government
0.00% 0.00% 50.01% 85.06%

Bond Geographic Breakdown

Weighting Return Low Return High MUST % Rank
US
99.77% 72.29% 141.36% 10.85%
Non US
0.00% 0.00% 25.16% 96.59%

MUST - Expenses

Operational Fees

MUST Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.23% 0.01% 16.95% 97.57%
Management Fee 0.23% 0.00% 1.10% 6.52%
12b-1 Fee 0.00% 0.00% 1.00% 15.06%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

MUST Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

MUST Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MUST Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 11.00% 0.00% 299.40% 17.73%

MUST - Distributions

Dividend Yield Analysis

MUST Category Low Category High MUST % Rank
Dividend Yield 1.12% 0.00% 1.85% 0.96%

Dividend Distribution Analysis

MUST Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

MUST Category Low Category High MUST % Rank
Net Income Ratio 2.37% -1.65% 6.48% 49.51%

Capital Gain Distribution Analysis

MUST Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

MUST - Fund Manager Analysis

Managers

Catherine Stienstra


Start Date

Tenure

Tenure Rank

Oct 10, 2018

2.39

2.4%

Director and Senior Portfolio Manager of the Columbia Management Investment Advisers, LLC; associated with the Columbia Management Investment Advisers, LLC as an investment professional since 2007. Sector Leader of the Adviser’s Municipal Bond Team from 2007 to 2010. Prior to 2007, Ms. Stienstra was employed by FAF Advisors, Inc. (formerly USBancorp Asset Management) from 1998 to 2007, where she was a Director and Senior Portfolio Manager. Ms. Stienstra began her investment career in 1988 and earned a B.A. from the University of Nebraska.

Anders Myhran


Start Date

Tenure

Tenure Rank

Oct 10, 2018

2.39

2.4%

Mr. Myhran joined the Investment Manager in 1992. Mr. Myhran began his investment career in 1992 and earned a B.A. in business with majors in finance and quantitative analysis from the University of Wisconsin.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 35.94 7.05 0.32