MUST Performance — Columbia Multi-Sector Municipal Income ETF
Data updated: 2026-09-28
MUST returned −0.10% year to date and +4.75% over one year to Jul 2026. Annualised returns are +2.78% over 3 years and +0.32% over 5 years. Against its Intermediate Municipal Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $109, against $109 for the category, and to $105 over one year, against $105. Volatility over the past three years was 5.80% a year. In the 12 months to Jul 2026 the fund took in a net $144.4M, and assets reached $591.77M.
MUST Growth of $100
What $100 invested in Columbia Multi-Sector Municipal Income ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | MUST | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $105 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $109 | $109 |
| 5 years (Aug 2021 – Jul 2026) | $102 | $102 |
| Since data start (Aug 2019 – Jul 2026) | $112 | $109 |
MUST Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.10% |
| 1 year | +4.75% |
| 3 years (annualised) | +2.78% |
| 5 years (annualised) | +0.32% |
MUST Annual Returns
Calendar-year total returns of Columbia Multi-Sector Municipal Income ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −0.10% |
| 2025 | +4.86% |
| 2024 | +0.66% |
| 2023 | +5.96% |
| 2022 | −8.68% |
| 2021 | +2.46% |
| 2020 | +5.95% |
| 2019 (Aug–Dec) | +1.52% |
MUST Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.1% | +1.3% | −2.8% | +1.2% | +0.3% | +0.8% | −2.0% | — | — | — | — | — |
| 2025 | +0.7% | +1.1% | −1.8% | −1.0% | +0.4% | +0.7% | −0.1% | +0.9% | +2.3% | +1.2% | +0.2% | +0.3% |
| 2024 | −0.4% | +0.1% | +0.2% | −1.2% | −0.7% | +1.6% | +0.8% | +0.8% | +0.9% | −1.6% | +1.6% | −1.4% |
| 2023 | +2.8% | −2.2% | +2.2% | −0.2% | −1.0% | +0.9% | +0.5% | −1.4% | −2.9% | −1.0% | +6.2% | +2.3% |
| 2022 | −3.0% | −0.4% | −3.4% | −2.8% | +1.3% | −1.3% | +2.8% | −2.0% | −4.0% | −0.8% | +4.4% | +0.6% |
| 2021 | +1.0% | −1.4% | +0.6% | +0.9% | +0.3% | +0.4% | +0.9% | −0.3% | −0.8% | −0.4% | +0.8% | +0.3% |
| 2020 | +1.9% | +1.4% | −4.1% | −2.2% | +3.2% | +1.7% | +2.0% | −0.3% | +0.1% | −0.3% | +1.7% | +1.0% |
| 2019 | — | — | — | — | — | — | — | +1.6% | −0.9% | +0.2% | +0.2% | +0.4% |
MUST Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.80%
- 3-year Sharpe ratio: -0.30 (vs 4.5% risk-free rate)
- Best month: +6.23% (Nov 2023)
- Worst month: −2.92% (Sep 2023)
MUST Fund Flows
Monthly money in and out of Columbia Multi-Sector Municipal Income ETF, from SEC Form N-PORT.
- 12-month net flow: $144.4M
- 12-month gross sales (incl. reinvestments): $152.6M
- Sales ÷ redemptions: 18.62×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $3.1M | $0 | $3.1M |
| Jun 2026 | $0 | $0 | $0 |
| May 2026 | $5.1M | $0 | $5.1M |
| Apr 2026 | $2.0M | $6.2M | −$4.2M |
| Mar 2026 | $4.2M | $0 | $4.2M |
| Feb 2026 | $43.0M | $0 | $43.0M |
| Jan 2026 | $20.8M | $0 | $20.8M |
| Dec 2025 | $17.5M | $0 | $17.5M |
| Nov 2025 | $11.4M | $0 | $11.4M |
| Oct 2025 | $16.5M | $0 | $16.5M |
| Sep 2025 | $8K | $2.0M | −$2.0M |
| Aug 2025 | $29.1M | $0 | $29.1M |
MUST Assets Under Management
Net assets of Columbia Multi-Sector Municipal Income ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $591.77M |
| 2026-04-30 | $593.68M |
| 2026-01-31 | $557.94M |
| 2025-10-31 | $504.30M |
| 2025-07-31 | $444.37M |
| 2025-04-30 | $400.85M |
| 2025-01-31 | $423.30M |
| 2024-10-31 | $407.80M |
| 2024-07-31 | $404.43M |
| 2024-04-30 | $397.60M |
| 2024-01-31 | $406.13M |
| 2023-10-31 | $343.88M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.