Supplement dated August 16, 2022
to the Prospectus and Summary Prospectus (as previously
supplemented, as applicable) of each of the following
funds (each, a
Fund, and collectively, the Funds):
Fund
|
Prospectus
and Summary Prospectus Dated |
Columbia
Funds Series Trust |
|
Columbia
California Intermediate Municipal Bond Fund |
9/1/2021
|
Columbia
North Carolina Intermediate Municipal Bond Fund |
9/1/2021
|
Columbia
South Carolina Intermediate Municipal Bond Fund |
9/1/2021
|
Columbia
Virginia Intermediate Municipal Bond Fund |
9/1/2021
|
Columbia
Funds Series Trust I |
|
Columbia
Connecticut Intermediate Municipal Bond Fund |
3/1/2022
|
Columbia
Intermediate Municipal Bond Fund |
3/1/2022
|
Columbia
Massachusetts Intermediate Municipal Bond Fund |
3/1/2022
|
Columbia
New York Intermediate Municipal Bond Fund |
3/1/2022
|
Columbia
Oregon Intermediate Municipal Bond Fund |
12/1/2021
|
This Supplement supersedes and
replaces the Supplement to each Fund's Prospectus and Summary Prospectus dated June 15, 2022.
Anders Myhran previously announced that he plans to retire
from Columbia Management Investment Advisers, LLC, the Fund's investment manager, effective September 30, 2022. Until then, Mr. Myhran will continue to serve as a Portfolio Manager of each Fund. Effective immediately, the information in each Fund's
Prospectus and Summary Prospectus is hereby revised as follows.
The portfolio management information under the
heading “Fund Management” in the Summary Prospectus and the “Summary of the Fund” section of the Prospectus for each Fund is hereby superseded and replaced with the following:
Portfolio
Management |
|
Title
|
|
Role
with Fund |
|
Managed
Fund Since |
Paul
Fuchs, CFA |
|
Senior
Portfolio Manager |
|
Lead
Portfolio Manager |
|
2012/2016*
|
Douglas
Rangel, CFA |
|
Senior
Portfolio Manager |
|
Portfolio
Manager |
|
June 2022
|
Anders
Myhran, CFA |
|
Senior
Portfolio Manager |
|
Portfolio
Manager |
|
2019**
|
* Mr. Fuchs has
managed Columbia California Intermediate Municipal Bond Fund, Columbia Intermediate Municipal Bond Fund, Columbia Massachusetts Intermediate Municipal Bond Fund, and Columbia New York Intermediate Municipal Bond Fund since
2012; Mr. Fuchs has managed Columbia Connecticut Intermediate Municipal Bond Fund, Columbia North Carolina Intermediate Municipal Bond Fund, Columbia Oregon Intermediate Municipal Bond Fund, Columbia South Carolina Intermediate Municipal
Bond Fund, and Columbia Virginia Intermediate Municipal Bond Fund since 2016.
** Following his retirement on September 30, 2022, Mr. Myhran
will no longer serve as a Portfolio Manager of the Fund.
The rest of the section remains the same.
The information about the portfolio management under the
caption “Primary Service Providers/Primary Service Provider Contracts — Portfolio Managers” in the “More Information About the Fund" section of the Prospectus for each Fund is hereby revised to add the following:
Portfolio
Management |
|
Title
|
|
Role
with Fund |
|
Managed
Fund Since |
Paul
Fuchs, CFA |
|
Senior
Portfolio Manager |
|
Lead
Portfolio Manager |
|
2012/2016*
|
Douglas
Rangel, CFA |
|
Senior
Portfolio Manager |
|
Portfolio
Manager |
|
June 2022
|
Anders
Myhran, CFA |
|
Senior
Portfolio Manager |
|
Portfolio
Manager |
|
2019**
|
* Mr. Fuchs has
managed Columbia California Intermediate Municipal Bond Fund, Columbia Intermediate Municipal Bond Fund, Columbia Massachusetts Intermediate Municipal Bond Fund, and Columbia New York Intermediate Municipal Bond Fund since
2012; Mr. Fuchs has managed Columbia Connecticut Intermediate Municipal Bond Fund, Columbia North Carolina Intermediate Municipal Bond Fund, Columbia Oregon Intermediate Municipal Bond Fund, Columbia South Carolina Intermediate Municipal
Bond Fund, and Columbia Virginia Intermediate Municipal Bond Fund since 2016.
** Following his retirement on September 30, 2022, Mr. Myhran
will no longer serve as a Portfolio Manager of the Fund.