Columbia Intermediate Municipal Bond ETF
(formerly Columbia Intermediate Municipal Bond Strategy Fund)
|Fund Details as of 03/01/2014|
|Benchmark||Barclays 3-15 Year Blend
Municipal Bond Index
|Expense Ratios as of 03/01/2014|
|Net Expense Ratio||0.42%|
|Gross Expense Ratio||2.94%|
|Proxy Voting Record|
High level of current tax-exempt income and higher risk-adjusted returns relative to its benchmark.
The ETF typically invests in municipal securities and will invest, under normal market conditions, primarily in tax-exempt general obligation, revenue and private activity bonds and notes, which are issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies and instrumentalities.
The investment manager evaluates a number of factors in identifying investment opportunities and constructing the ETF's portfolio. The investment manager considers local, national and global economic conditions, market conditions, interest rate movements and other relevant factors to determine the allocation of the ETF's assets among different issuers, industry sectors and maturities. The investment manager, in connection with selecting individual investments for the ETF, evaluates a security based on its potential to generate income and/or capital appreciation. The investment manager considers, among other factors, the creditworthiness of the issuer of the security and the various features of the security, such as its interest rate, yield, maturity, any call features and value relative to other securities.
|Profile as of 03/06/2014|
|Total Net Assets||$5,293,930.13|
|Fund Data as of 03/06/2014|
|Premium / Discount||-0.28%|
|Bid / Ask Midpoint||$52.78|
|Last Trade Price||$53.23|
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. Recent month end performance data.