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MUST
Upturn stock rating

Columbia Multi-Sector Municipal Income ETF (MUST)

Upturn stock rating
$20.67
Last Close (24-hour delay)
Profit since last BUY3.56%
upturn advisory
Consider higher Upturn Star rating
BUY since 53 days
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Upturn Advisory Summary

10/24/2025: MUST (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 0.88%
Avg. Invested days 33
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/24/2025

Key Highlights

Volume (30-day avg) -
Beta 0.99
52 Weeks Range 18.90 - 20.56
Updated Date 06/30/2025
52 Weeks Range 18.90 - 20.56
Updated Date 06/30/2025

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Columbia Multi-Sector Municipal Income ETF

stock logo

ETF Overview

overview logo Overview

The Columbia Multi-Sector Municipal Income ETF (MUST) seeks to provide current income by investing primarily in a diversified portfolio of municipal securities across various sectors. It aims to offer exposure to a broad range of municipal debt.

reliability logo Reputation and Reliability

Columbia Threadneedle Investments is a well-established asset manager with a long history of providing investment solutions.

reliability logo Management Expertise

Columbia Threadneedle has a team of experienced investment professionals specializing in fixed income and municipal securities.

Investment Objective

overview logo Goal

To provide current income, exempt from federal income tax, consistent with preservation of capital.

Investment Approach and Strategy

Strategy: The ETF does not track a specific index but actively manages its portfolio to identify attractive municipal securities.

Composition The ETF primarily holds municipal bonds from various sectors, including healthcare, education, transportation, and utilities.

Market Position

Market Share: Data not readily available.

Total Net Assets (AUM): 34370000

Competitors

overview logo Key Competitors

  • HYMB
  • ITM
  • VTEB
  • MUB
  • SUB

Competitive Landscape

The municipal bond ETF market is competitive, with several large players offering similar strategies. MUST competes on its ability to generate attractive income while managing credit risk. Advantages may include active management, while disadvantages might be a higher expense ratio compared to passively managed ETFs.

Financial Performance

Historical Performance: Historical performance data is available in the fund's fact sheet and other investment documents.

Benchmark Comparison: The ETF's performance should be compared against a broad municipal bond index such as the S&P Municipal Bond Index.

Expense Ratio: 0.25

Liquidity

Average Trading Volume

The average trading volume is moderate, which can affect the ease of buying or selling shares.

Bid-Ask Spread

The bid-ask spread is generally tight, reflecting reasonable liquidity.

Market Dynamics

Market Environment Factors

Interest rates, credit spreads, and overall economic conditions affect the performance of municipal bonds. Municipal bond creditworthiness, tax policy changes and regulatory changes can affect Columbia Multi-Sector Municipal Income ETF.

Growth Trajectory

The fund's growth is dependent on its ability to attract assets through strong performance and effective marketing. Changes to strategy include asset allocation shifts or changes to the management team.

Moat and Competitive Advantages

Competitive Edge

MUST's competitive advantage lies in its active management, which allows it to dynamically allocate assets across different municipal sectors to potentially enhance returns. It also focuses on rigorous credit analysis to avoid high-risk bonds. This strategy aims to provide stable income while managing downside risk. The multi-sector approach offers diversification benefits compared to ETFs focused on a single municipal sector.

Risk Analysis

Volatility

Volatility depends on interest rate sensitivity and credit risk of the underlying bonds.

Market Risk

The primary risks are interest rate risk (rising rates can lower bond values) and credit risk (issuers may default). Market liquidity may impact the price of the bonds.

Investor Profile

Ideal Investor Profile

The ideal investor is seeking tax-advantaged income and is comfortable with moderate interest rate and credit risk. They should have a medium-term investment horizon.

Market Risk

The ETF is best suited for long-term investors seeking a stable stream of tax-exempt income. It is less suitable for active traders due to its fixed-income nature.

Summary

The Columbia Multi-Sector Municipal Income ETF seeks current income through a diversified portfolio of municipal bonds. The ETF's active management aims to enhance returns while managing credit risk. It's best suited for long-term investors looking for tax-advantaged income. Investors should be aware of the ETF's interest rate and credit risks. The fund offers a reasonable expense ratio for an actively managed municipal bond ETF.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Columbia Threadneedle Investments Website
  • ETF.com
  • Bloomberg

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market data is subject to change.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Columbia Multi-Sector Municipal Income ETF

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

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.