Supplement dated August 16, 2022
to the Prospectus and Summary Prospectus(as previously
supplemented or amended, as applicable) of the following fund (the Fund):
| Fund
|
Prospectus
& Summary Prospectus Dated |
| Columbia
Funds Series Trust I |
|
| Columbia
U.S. Social Bond Fund |
December
1, 2021 and December 1, 2021, as amended February 1, 2022, respectively |
Effective August 19, 2022 (the Effective Date), the portfolio
management information under the heading “Fund Management” in the Summary Prospectus and in the “Summary of the Fund” section of the Prospectus, is hereby superseded and replaced with the following:
| Portfolio
Management |
|
Title
|
|
Role
with Fund |
|
Managed
Fund Since |
| Catherine
Stienstra |
|
Senior
Portfolio Manager and Head of Municipal Bond Investments |
|
Lead
Portfolio Manager |
|
February
2022 |
| Tom
Murphy, CFA |
|
Vice
President, Senior Portfolio Manager and Head of Investment Grade Credit |
|
Portfolio
Manager |
|
2015
|
The rest of the section remains
the same.
As of the Effective Date, the portfolio
management information under the heading “Primary Service Providers - Portfolio Managers” in the “More Information About the Fund” section of the Prospectus, is hereby superseded and replaced with the following:
Portfolio Managers
Information about the portfolio managers primarily responsible
for overseeing the Fund’s investments is shown below. The SAI provides additional information about the portfolio managers, including information relating to compensation, other accounts managed by the portfolio managers, and ownership by the
portfolio managers of Fund shares.
| Portfolio
Management |
|
Title
|
|
Role
with Fund |
|
Managed
Fund Since |
| Catherine
Stienstra |
|
Senior
Portfolio Manager and Head of Municipal Bond Investments |
|
Lead
Portfolio Manager |
|
February
2022 |
| Tom
Murphy, CFA |
|
Vice
President, Senior Portfolio Manager and Head of Investment Grade Credit |
|
Portfolio
Manager |
|
2015
|
Ms. Stienstra joined the Investment Manager in 2007 as a senior portfolio manager. Ms. Stienstra began her investment career in 1988 and earned a B.A. from the University of Nebraska.
Mr. Murphy joined the
Investment Manager in 2002. Mr. Murphy began his investment career in 1986 and earned a B.B.A. from the University of Notre Dame and an M.B.A. from the University of Michigan.
The rest of the section remains the same.
Shareholders should retain this Supplement for future
reference.