MUST - Columbia Multi-Sector Municipal Income ETF
| Assets | $115.72M |
| NAV | $22.69 |
| Expense Ratio | 0.23% |
| PE Ratio | n/a |
| Beta (5Y) | 0.03 |
| Dividend (ttm) | $0.46 |
| Dividend Yield | 2.04% |
| Ex-Dividend Date | Jul 1, 2021 |
| 1-Year Return | - |
| Trading Day | July 23 |
| Last Price | $22.77 |
| Previous Close | $22.74 |
| Change ($) | 0.03 |
| Change (%) | 0.13% |
| Day's Open | 22.78 |
| Day's Range | 22.74 - 22.78 |
| Day's Volume | 11,775 |
| 52-Week Range | 21.36 - 23.32 |
Fund Description
The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Multi-Sector Municipal Bond Index. 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.
| Asset Class Fixed Income | Inception Date Oct 10, 2018 |
| Exchange NYSEARCA | Ticker Symbol MUST |
| Index Tracked Beta Advantage Multi-Sector Municipal Bond Index | |
Top 10 Holdings
5.04% of assets| Name | Symbol | Weight |
|---|---|---|
| PORT AUTH N Y & N J 5% | n/a | 0.61% |
| NEW JERSEY ECONOMIC DEV AUTH REV 5% | n/a | 0.55% |
| TRIBOROUGH BRDG & TUNL AUTH N Y REVS 5% | n/a | 0.51% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% | n/a | 0.51% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | n/a | 0.50% |
| DELAWARE VALLEY PA REGL FIN AUTH LOC GOVT REV 5.5% | n/a | 0.49% |
| CHICAGO ILL MIDWAY ARPT REV 5% | n/a | 0.48% |
| NEW YORK ST TWY AUTH GEN REV 5% | n/a | 0.47% |
| NEW JERSEY ST TRANSN TR FD AUTH 5% | n/a | 0.47% |
| NEW JERSEY ST TRANSN TR FD AUTH 5% | n/a | 0.46% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 1, 2021 | $0.027 | Jul 7, 2021 |
| Jun 1, 2021 | $0.031 | Jun 4, 2021 |
| May 3, 2021 | $0.027 | May 6, 2021 |
| Apr 1, 2021 | $0.039 | Apr 7, 2021 |
| Mar 1, 2021 | $0.03 | Mar 4, 2021 |
| Feb 1, 2021 | $0.036 | Feb 4, 2021 |
The tax hike talks, improving U.S. economic growth, high yields and chances of issuances of build back America bonds may help muni bond ETFs in the near term.
ETF Trends caught up with Catherine Stienstra, Head of Municipal Bond Investments, Columbia Threadneedle Investments, to discuss the latest happenings in the muni sector. What are your current views on ...