Columbia Multi-Sector Municipal Income ETF
|
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
MUST tracks an index with fixed-weight exposure to multiple sectors of the US municipal bond market. Each sector is market-value weighted. |
Category | Municipals |
Fund Sponsor | Columbia |
Website | www.columbiathreadneedleetf.com/must |
Inception date | Oct 10, 2018 |
Assets (mns) | $381 |
Currency | USD |
Expense ratio | 23 bp |
Distributions | Monthly |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Fixed |
Index replication |
No. of constituents | 129 |
No of distinct issuers | 111 |
Inflation protected | 0% |
Variable/Fixed coupon | 3% /97% |
Non-standard maturity (callable, etc.) | 77% |
LOUISVILLE & JEFFERSO 5.0% 5/15/28 | 2.1 % |
METROPOLITAN TRANSN A 5.0% 11/15/31 | 1.9 % |
NORTH TEX TWY AUTH RE 5.0% 1/01/27 | 1.6 % |
MICHIGAN FIN AUTH REV 5.0% 8/01/28 | 1.5 % |
NEW YORK ST DORM AUTH 5.0% 7/01/26 | 1.5 % |
LOUISVILLE & JEFFERSO 5.0% 1/01/30 | 1.5 % |
METROPOLITAN TRANSN A 5.0% 11/15/26 | 1.4 % |
NEW JERSEY ECONOMIC D 5.0% 3/01/25 | 1.4 % |
0.0% 5/01/49 | 1.4 % |
WASHINGTON ST HEALTH 5.0% 1/01/29 | 1.4 % |
TOTAL | 15.6 % |
---|
NEW JERSEY ECONOMIC DEV AUTH REV | 6.0% |
Metropolitan Transn Auth N Y Rev | 4.0% |
NORTH TEX TWY AUTH REV | 3.4% |
Michigan Fin Auth Rev | 2.9% |
LOUISVILLE & JEFFERSON CNTY KY MET... | 2.3% |
UNITED STATES | 98.8 % |
HISTORICAL RETURNS
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
-0.5% | 3.4% | 2.0% | -- | 2.9% |
versus... | Beta | R-squared |
---|---|---|
Barclays Agg. Bond | 1.01 | 90% |
S&P500 | 0.31 | 53% |
MSCI EAFE | 0.36 | 66% |
MSCI Emg. Mkts. | 0.33 | 58% |
Recent close | $20.53 |
30d moving avg. | $20.16 |
Annualized volatility | 7.6% |
Short interest (ETF) | 0.5% |
Relative strength (RSI) | 94 |
Avg. volume (thou.) | 72 |
Avg. daily value traded (mns) | $1 |
Turnover | 0.4% |
Bid/Ask (% of price) | 0.28 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
MUST | 8.3 yrs | Category Avg.* |
7.8 yrs |
MUST | 8.2% | Category Avg.* |
7.7% |
Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
+300 bp | 6.32% | -17.2% | $17.00 |
+200 bp | 5.32% | -13.1% | $17.84 |
+150 bp | 4.82% | -10.4% | $18.39 |
+100 bp | 4.32% | -7.4% | $19.02 |
+75 bp | 4.07% | -5.7% | $19.36 |
+50 bp | 3.82% | -3.9% | $19.73 |
+25 bp | 3.57% | -2.0% | $20.12 |
0 bp | 3.32% | 0% | $20.53 |
-25 bp | 3.07% | 2.1% | $20.96 |
-50 bp | 2.82% | 4.3% | $21.41 |
-75 bp | 2.57% | 6.6% | $21.89 |
-100 bp | 2.32% | 9.0% | $22.38 |
-150 bp | 1.82% | 14.1% | $23.43 |
-200 bp | 1.32% | 19.7% | $24.56 |
-300 bp | 0.32% | 31.9% | $27.09 |
*Fund Category: MUNICIPALS
ALTAR Score™
Calculation of ALTAR Score™ | ||
---|---|---|
Adj. Yield to Maturity | 332 | bp |
Less: Annual "default factor" | 10 | bp |
Less: Expense ratio | 23 | bp |
Equals: ALTAR Score | 2.99 | % |
Average ALTAR Score™ by Category | |
---|---|
Aggregate | 3.5% |
Corporate | 4.5% |
Emerging Market | 6.2% |
Government | 4.8% |
Inflation Protected | 3.0% |
Mortgage | 5.2% |
Municipals | 3.4% |
*Note: The Columbia Multi-Sector Municipal Income ETF is classified as a Municipals fund. |