Columbia Multi-Sector Municipal Income ETF (MUST)
MUST is a passive ETF by Ameriprise Financial tracking the investment results of the Bloomberg Beta Advantage Multi-Sector Municipal Bond Index. MUST launched on Oct 10, 2018 and has a 0.23% expense ratio.
ETF Info
US19761L6074
19761L607
Oct 10, 2018
North America (U.S.)
1x
Bloomberg Beta Advantage Multi-Sector Municipal Bond Index
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Columbia Multi-Sector Municipal Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Columbia Multi-Sector Municipal Income ETF had a return of 1.28% year-to-date (YTD) and 5.81% in the last 12 months.
MUST
1.28%
0.57%
2.49%
5.81%
1.39%
N/A
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of MUST, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.10% | 0.69% | -0.11% | -0.79% | -0.74% | 0.91% | 1.33% | 0.71% | 0.75% | -1.58% | 1.28% | ||
| 2023 | 2.98% | -2.07% | 1.81% | -0.11% | -0.69% | 0.90% | 0.49% | -1.58% | -3.25% | -0.96% | 6.02% | 2.88% | 6.23% |
| 2022 | -3.24% | -0.99% | -2.59% | -2.91% | 1.35% | -1.71% | 3.41% | -2.20% | -4.18% | -0.82% | 4.95% | 0.16% | -8.83% |
| 2021 | 0.47% | -1.40% | 0.85% | 0.95% | 0.30% | 0.31% | 0.92% | -0.29% | -0.79% | -0.38% | 0.59% | 0.41% | 1.93% |
| 2020 | 2.11% | 1.44% | -4.28% | -2.01% | 3.28% | 1.77% | 1.88% | 0.04% | -0.16% | -0.24% | 1.23% | 1.68% | 6.70% |
| 2019 | 0.66% | 0.79% | 2.10% | 0.17% | 1.82% | 0.52% | 0.87% | 1.50% | -0.73% | -0.20% | 0.44% | 0.11% | 8.32% |
| 2018 | 0.37% | 0.37% | 1.96% | 2.72% |
Expense Ratio
MUST has an expense ratio of 0.23%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MUST is 39, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Columbia Multi-Sector Municipal Income ETF (MUST) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Columbia Multi-Sector Municipal Income ETF provided a 3.02% dividend yield over the last twelve months, with an annual payout of $0.62 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.62 | $0.52 | $0.35 | $0.36 | $0.52 | $0.58 | $0.11 |
Dividend yield | 3.02% | 2.51% | 1.76% | 1.61% | 2.34% | 2.69% | 0.55% |
Monthly Dividends
The table displays the monthly dividend distributions for Columbia Multi-Sector Municipal Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.05 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.05 | $0.06 | $0.53 | |
| 2023 | $0.00 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.10 | $0.52 |
| 2022 | $0.00 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.07 | $0.35 |
| 2021 | $0.00 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.07 | $0.36 |
| 2020 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.11 | $0.52 |
| 2019 | $0.00 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.12 | $0.58 |
| 2018 | $0.11 | $0.11 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Columbia Multi-Sector Municipal Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Columbia Multi-Sector Municipal Income ETF was 13.83%, occurring on Oct 31, 2022. The portfolio has not yet recovered.
The current Columbia Multi-Sector Municipal Income ETF drawdown is 2.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.83% | Aug 4, 2021 | 314 | Oct 31, 2022 | — | — | — |
| -12.86% | Mar 10, 2020 | 10 | Mar 23, 2020 | 90 | Jul 31, 2020 | 100 |
| -2.29% | Feb 16, 2021 | 9 | Feb 26, 2021 | 65 | Jun 1, 2021 | 74 |
| -1.67% | Sep 5, 2019 | 41 | Nov 12, 2019 | 30 | Jan 6, 2020 | 71 |
| -1.31% | Aug 11, 2020 | 17 | Sep 2, 2020 | 55 | Nov 19, 2020 | 72 |
Volatility
Volatility Chart
The current Columbia Multi-Sector Municipal Income ETF volatility is 2.27%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.