MUST - Columbia Multi-Sector Municipal Income ETF
| Assets | $82.58M |
| NAV | $22.32 |
| Expense Ratio | 0.23% |
| PE Ratio | n/a |
| Beta (5Y) | 0.03 |
| Dividend (ttm) | $0.50 |
| Dividend Yield | 2.24% |
| Ex-Dividend Date | Apr 1, 2021 |
| 1-Year Return | - |
| Trading Day | April 13 |
| Last Price | $22.45 |
| Previous Close | $22.40 |
| Change ($) | 0.05 |
| Change (%) | 0.24% |
| Day's Open | 22.46 |
| Day's Range | 22.31 - 22.49 |
| Day's Volume | 15,472 |
| 52-Week Range | 20.26 - 22.86 |
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
5.85% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YOR MUNI WTR-E 5 6/29 | n/a | 0.71% |
| Metropolitan Transportation Authority 5 11/15/2033 | n/a | 0.64% |
| New Jersey Transportation Trust Fund Authority 5 12/15/2032 | n/a | 0.64% |
| PORT AUTH OF NEW Y 5 9/29 | n/a | 0.57% |
| OHIO ST HOSP FAC R 4 1/46 | n/a | 0.56% |
| NJ TRN FD CAB-SER 0 12/32 | n/a | 0.56% |
| NJ TURNPIKE AUTH-E 5 1/34 | n/a | 0.55% |
| Metropolitan Transportation Authority 5 11/15/2031 | n/a | 0.54% |
| State of Hawaii Airports System Revenue 5 07/01/2033 | n/a | 0.54% |
| LOWER COLORADO RIV 5 5/35 | n/a | 0.54% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 1, 2021 | $0.039 | Apr 7, 2021 |
| Mar 1, 2021 | $0.03 | Mar 4, 2021 |
| Feb 1, 2021 | $0.036 | Feb 4, 2021 |
| Dec 28, 2020 | $0.077 | Dec 31, 2020 |
| Nov 2, 2020 | $0.04 | Nov 5, 2020 |
| Oct 1, 2020 | $0.037 | Oct 6, 2020 |
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 ...