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ETF
As of July 28, 2017, Columbia ETF Trust - Columbia Intermediate Municipal Bond ETF has gone out of business. Columbia ETF Trust - Columbia Intermediate Municipal Bond ETF is an exchange traded fund launched and managed by Columbia Management Investment Advisers, LLC. It invests in fixed income markets of the United States. The fund invests in investment grade municipal securities including general obligation, revenue and private activity bonds and notes with interest payments exempt from federal income taxes and which are issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies and instrumentalities, rated in one of the top four credit quality categories by at least one nationally recognized statistical rating organization. It seeks to invest in securities across varying maturities. The fund focuses on factors such as local, national and global economic conditions, market conditions, interest rate movements, the creditworthiness of the issuer of the security and the various features of the security such as its interest rate, yield, and maturity, any call features and value relative to other securities to create its portfolio. It benchmarks the performance of its portfolio against the Bloomberg Barclays 3-15 Year Blend Municipal Bond Index. The fund was formerly known as Columbia ETF Trust - Columbia Intermediate Municipal Bond Strategy Fund. Columbia ETF Trust - Columbia Intermediate Municipal Bond ETF was formed on January 29, 2010 and is domiciled in the United States.
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