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
| ISIN | US19761L6074 |
|---|---|
| CUSIP | 19761L607 |
| Issuer | Ameriprise Financial |
| Inception Date | Oct 10, 2018 |
| Region | North America (U.S.) |
| Category | Money Market |
| Index Tracked | Bloomberg Beta Advantage Multi-Sector Municipal Bond Index |
| Asset Class | Bond |
Expense Ratio
The Columbia Multi-Sector Municipal Income ETF has a high expense ratio of 0.23%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: MUST vs. JPST, MUST vs. BIL, MUST vs. SPY, MUST vs. VOO
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 -1.00% year-to-date (YTD) and 2.79% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.00% | 5.05% |
| 1 month | -0.91% | -4.27% |
| 6 months | 8.15% | 18.82% |
| 1 year | 2.79% | 21.22% |
| 5 years (annualized) | 1.86% | 11.38% |
| 10 years (annualized) | N/A | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.10% | 0.69% | -0.11% | |||||||||
| 2023 | -3.25% | -0.96% | 6.03% | 2.88% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Columbia Multi-Sector Municipal Income ETF(MUST)
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 granted a 2.70% dividend yield in the last twelve months. The annual payout for that period amounted to $0.55 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.55 | $0.52 | $0.36 | $0.36 | $0.52 | $0.58 | $0.11 |
Dividend yield | 2.70% | 2.50% | 1.76% | 1.62% | 2.33% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.05 | $0.05 | |||||||||
| 2023 | $0.00 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.09 |
| 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 |
| 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 |
| 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 |
| 2019 | $0.00 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.12 |
| 2018 | $0.11 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 4.74%.
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 1.72%, 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.