MUST
Columbia Multi-Sector Municipal Income ETFMUST Fund Description
MUST tracks an index with fixed-weight exposure to multiple sectors of the US municipal bond market. Each sector is market-value weighted.
MUST Factset Analytics Insight
MUST takes a top-down sector approach to municipal bond investing. The fund has fixed-weight exposure to five sectors that are rather idiosyncratically defined: “core” revenue (45%), consisting of power, transportation, education, and leasing revenue bonds; health care revenue bonds (20%); high quality (15%), consisting of housing and water & sewer revenue bonds; general obligation bonds (10%); and high yield bonds (10%). Minimum credit quality varies by sector, but tends to be high—AA or higher in most cases, and B or higher in the high yield sector. Note that the “high quality” sector actually has slightly lower credit requirements than all but the high yield sector. Time-to-maturity windows likewise vary by sector and skew long, ranging from 2-10 years for general obligation bonds to 10-25 years for the health care and high yield sectors. Holdings are market-value weighted within each sector, with quarterly rebalancing.In total, at least 80% of MUST is invested in revenue bonds, roughly approximating the market. The fund charges a typical fee for this segment.
MUST CHARTS AND PERFORMANCE
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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Max
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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MUST Top 10 Countries
MUST Top 10 Sectors
MUST Top 10 Holdings
MUST Portfolio Data
MUST Index Data
MUST Portfolio Management
MUST Tax Exposures
MUST Fund Structure
MUST Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MUST. MUST is rated a N/A out of 5.
MUST Tradability
MUST Sector/Industry Breakdown
MUST
MUST Top 10 Holdings
MUST Top 5 Countries
MUST
MUST Top 5 Currencies
MUST
MUST Performance Statistics
MUST HOLDINGS STATISTICS
MUST AVG LIFE MATURITY DISTRIBUTION
MUST OAS BREAKDOWN
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