Columbia Multi-Sector Municipal Income ETF (MUST)
| Assets | $138.26M |
| NAV | $22.30 |
| Expense Ratio | 0.23% |
| PE Ratio | n/a |
| Shares Out | 6.20M |
| Dividend (ttm) | $0.42 |
| Dividend Yield | 1.89% |
| Ex-Dividend Date | Oct 1, 2021 |
| 1-Year Return | - |
| Volume | 112,089 |
| Open | 22.36 |
| Previous Close | 22.38 |
| Day's Range | 22.31 - 22.39 |
| 52-Week Low | 21.29 |
| 52-Week High | 23.24 |
| Beta | 0.03 |
| Holdings | 547 |
| Inception Date | Oct 10, 2018 |
About MUST
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.
Top 10 Holdings
4.78% of assets| Name | Symbol | Weight |
|---|---|---|
| New Jersey Transportation Trust Fund Authority 5 12/15/2032 | N/A | 0.56% |
| Delaware Valley Regional Finance Authority 5.5 08/01/2028 | N/A | 0.56% |
| NEW YOR MUNI WTR-E 5 6/29 | N/A | 0.50% |
| PORT AUTH OF NEW Y 5 9/29 | N/A | 0.49% |
| New Jersey Turnpike Authority 5 01/01/2031 | N/A | 0.47% |
| NJ TRANSPRTN TRUST 4 6/36 | N/A | 0.47% |
| New Jersey Economic Development Authority 5 03/01/2030 | N/A | 0.45% |
| OH TPK COMMN-A-TPK 5 2/33 | N/A | 0.44% |
| State of Connecticut Special Tax Revenue 5 05/01/2035 | N/A | 0.42% |
| MET WASHINGTON DC 5 10/33 | N/A | 0.42% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2021 | $0.024 | Oct 6, 2021 |
| Sep 1, 2021 | $0.02575 | Sep 7, 2021 |
| Aug 2, 2021 | $0.02969 | Aug 5, 2021 |
| Jul 1, 2021 | $0.02701 | Jul 7, 2021 |
| Jun 1, 2021 | $0.0313 | Jun 4, 2021 |
| May 3, 2021 | $0.0271 | May 6, 2021 |
News
Alternative Bond ETF Strategies to Diversify Risk, Maintain Yields
Fixed income investors should consider the risks of traditional market cap-weighted bond indexing and look to alternative exchange traded fund methodologies to help diversify their risks and maintain in...
Columbia Threadneedle Investments Launches New Bond ETF as Part of Strategic Beta Fixed Income Suite
Today Columbia Threadneedle Investments announced in a press release the launch of their newest fixed income ETFs with the addition of the Columbia Short Duration Bond ETF (SBND). This ETF focuses on in...
4 Factors Why Muni Bond ETFs Could Rally
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.
Q&A: Columbia Threadneedle’s Take on the Muni Bond Market
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 ...