Class A

This semi-annual shareholder report contains important information about Columbia Emerging Markets Bond Fund (the Fund) for the period of September 1, 2025 to February 28, 2026.

1-800-345-6611

What were the Fund costs for the reporting period?

(Based on a hypothetical $10,000 investment)

Table Summary
Class	Cost of a $10,000 investment	Cost paid as a percentage of a $10,000 investment
Class A	$57	1.11%^{Footnote Reference(a)}

Footnote	Description
Footnote^(a)	Annualized

^[1]

1.11%

174

Key Fund Statistics

Table Summary
Fund net assets	$360,955,543
Total number of portfolio holdings	174
Portfolio turnover for the reporting period	24%

Top Holdings

Table Summary
Mexico Government International Bond 02/12/2034 3.500%	2.9%
Argentine Republic Government International Bond 07/09/2035 2.750%	2.4%
Saudi Government International Bond 01/13/2035 5.625%	2.3%
Chile Government International Bond 01/05/2036 4.950%	2.1%
Hungary Government International Bond 09/22/2032 6.250%	1.9%
Perusahaan Penerbit SBSN Indonesia III 06/06/2032 4.700%	1.7%
Petroleos de Venezuela SA 05/16/2024 0.000%	1.5%
Hungary Government International Bond 09/22/2031 2.125%	1.4%
DP World PLC 07/02/2037 6.850%	1.4%
Peruvian Government International Bond 11/18/2050 5.625%	1.4%

Columbia Emerging Markets Bond Fund

CMBRX

You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

columbiathreadneedleus.com/resources/literature

$ 70

$ 360,955,543

24.00%

Geographic Allocation

Table Summary
Mexico	9.1%
Saudi Arabia	8.5%
Turkey	6.6%
United Arab Emirates	6.1%
United States	5.8%
Chile	4.9%
Indonesia	4.3%
Hungary	3.7%
Colombia	3.6%
Dominican Republic	2.6%
Other	44.3%

Asset Categories

Table Summary
Foreign Government Obligations		86.9%
Corporate Bonds & Notes		6.8%
Money Market Funds		5.8%
Other		0.1%

Institutional 2 Class

This semi-annual shareholder report contains important information about Columbia Emerging Markets Bond Fund (the Fund) for the period of September 1, 2025 to February 28, 2026.

1-800-345-6611

What were the Fund costs for the reporting period?

(Based on a hypothetical $10,000 investment)

Table Summary
Class	Cost of a $10,000 investment	Cost paid as a percentage of a $10,000 investment
Institutional 2 Class	$37	0.73%^{Footnote Reference(a)}

Footnote	Description
Footnote^(a)	Annualized

^[3]

0.73%

174

Key Fund Statistics

Table Summary
Fund net assets	$360,955,543
Total number of portfolio holdings	174
Portfolio turnover for the reporting period	24%

Top Holdings

Table Summary
Mexico Government International Bond 02/12/2034 3.500%	2.9%
Argentine Republic Government International Bond 07/09/2035 2.750%	2.4%
Saudi Government International Bond 01/13/2035 5.625%	2.3%
Chile Government International Bond 01/05/2036 4.950%	2.1%
Hungary Government International Bond 09/22/2032 6.250%	1.9%
Perusahaan Penerbit SBSN Indonesia III 06/06/2032 4.700%	1.7%
Petroleos de Venezuela SA 05/16/2024 0.000%	1.5%
Hungary Government International Bond 09/22/2031 2.125%	1.4%
DP World PLC 07/02/2037 6.850%	1.4%
Peruvian Government International Bond 11/18/2050 5.625%	1.4%

Columbia Emerging Markets Bond Fund

CEBYX

You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

columbiathreadneedleus.com/resources/literature

$ 35

$ 360,955,543

24.00%

Geographic Allocation

Table Summary
Mexico	9.1%
Saudi Arabia	8.5%
Turkey	6.6%
United Arab Emirates	6.1%
United States	5.8%
Chile	4.9%
Indonesia	4.3%
Hungary	3.7%
Colombia	3.6%
Dominican Republic	2.6%
Other	44.3%

Asset Categories

Table Summary
Foreign Government Obligations		86.9%
Corporate Bonds & Notes		6.8%
Money Market Funds		5.8%
Other		0.1%

Institutional Class

This semi-annual shareholder report contains important information about Columbia Emerging Markets Bond Fund (the Fund) for the period of September 1, 2025 to February 28, 2026.

1-800-345-6611

What were the Fund costs for the reporting period?

(Based on a hypothetical $10,000 investment)

Table Summary
Class	Cost of a $10,000 investment	Cost paid as a percentage of a $10,000 investment
Institutional Class	$45	0.87%^{Footnote Reference(a)}

Footnote	Description
Footnote^(a)	Annualized

^[5]

0.87%

174

Key Fund Statistics

Table Summary
Fund net assets	$360,955,543
Total number of portfolio holdings	174
Portfolio turnover for the reporting period	24%

Top Holdings

Table Summary
Mexico Government International Bond 02/12/2034 3.500%	2.9%
Argentine Republic Government International Bond 07/09/2035 2.750%	2.4%
Saudi Government International Bond 01/13/2035 5.625%	2.3%
Chile Government International Bond 01/05/2036 4.950%	2.1%
Hungary Government International Bond 09/22/2032 6.250%	1.9%
Perusahaan Penerbit SBSN Indonesia III 06/06/2032 4.700%	1.7%
Petroleos de Venezuela SA 05/16/2024 0.000%	1.5%
Hungary Government International Bond 09/22/2031 2.125%	1.4%
DP World PLC 07/02/2037 6.850%	1.4%
Peruvian Government International Bond 11/18/2050 5.625%	1.4%

Columbia Integrated Large Cap Growth Fund

ILGCX

You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

1-800-345-6611

What were the Fund costs for the reporting period?

(Based on a hypothetical $10,000 investment)

Table Summary
Class	Cost of a $10,000 investment	Cost paid as a percentage of a $10,000 investment
Class A	$45	0.91%^{Footnote Reference(a)}

Footnote	Description
Footnote^(a)	Annualized

^[6]

0.91%

$ 183,075,243

23.00%

Information Technology Sub-Industry Allocation

Table Summary
Semiconductors	19.8%
Technology Hardware, Storage & Peripherals	8.6%
Systems Software	6.8%
Application Software	6.1%
Communications Equipment	3.0%
Other	0.6%

Equity Sector Allocation

Table Summary
Information Technology	44.9%
Consumer Discretionary	14.1%
Communication Services	11.7%
Health Care	10.6%
Financials	6.8%
Industrials	5.8%
Utilities	1.5%
Energy	1.2%
Materials	1.1%
Consumer Staples	0.6%
Other	0.3%

Certain Fund Changes

This is a summary of the changes to the Fund. For more complete information, you may review the Fund’s prospectus, which is available at columbiathreadneedleus.com/resources/literature or upon request at 1-800-345-6611.

At a meeting held on September 5, 2025, the Board of Trustees of Columbia Funds Series Trust II approved an Agreement and Plan of Reorganization pursuant to which the Fund transferred all of its assets and liabilities to Columbia Large Cap Growth ETF (the Acquiring Fund) in exchange for shares of the Acquiring Fund (the Reorganization). The Reorganization did not require shareholder approval and closed on March 16, 2026. As a result of the Reorganization, Class A incurred 0.19% in reorganizational expenses, which had an impact of a 0.19% increase to the net expense ratio during the current reporting period.

1-800-345-6611

Columbia Integrated Large Cap Growth Fund

ILGJX

You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

1-800-345-6611

What were the Fund costs for the reporting period?

(Based on a hypothetical $10,000 investment)

Table Summary
Class	Cost of a $10,000 investment	Cost paid as a percentage of a $10,000 investment
Institutional 3 Class	$23	0.47%^{Footnote Reference(a)}

Footnote	Description
Footnote^(a)	Annualized

^[7]

0.47%

$ 183,075,243

23.00%

Information Technology Sub-Industry Allocation

Table Summary
Semiconductors	19.8%
Technology Hardware, Storage & Peripherals	8.6%
Systems Software	6.8%
Application Software	6.1%
Communications Equipment	3.0%
Other	0.6%

Equity Sector Allocation

Table Summary
Information Technology	44.9%
Consumer Discretionary	14.1%
Communication Services	11.7%
Health Care	10.6%
Financials	6.8%
Industrials	5.8%
Utilities	1.5%
Energy	1.2%
Materials	1.1%
Consumer Staples	0.6%
Other	0.3%

Certain Fund Changes

This is a summary of the changes to the Fund. For more complete information, you may review the Fund’s prospectus, which is available at columbiathreadneedleus.com/resources/literature or upon request at 1-800-345-6611.

At a meeting held on September 5, 2025, the Board of Trustees of Columbia Funds Series Trust II approved an Agreement and Plan of Reorganization pursuant to which the Fund transferred all of its assets and liabilities to Columbia Large Cap Growth ETF (the Acquiring Fund) in exchange for shares of the Acquiring Fund (the Reorganization). The Reorganization did not require shareholder approval and closed on March 16, 2026. As a result of the Reorganization, Institutional 3 Class incurred 0.04% in reorganizational expenses, which had an impact of a 0.04% increase to the net expense ratio during the current reporting period.

1-800-345-6611

Columbia Integrated Large Cap Growth Fund

ILGGX

You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

1-800-345-6611

What were the Fund costs for the reporting period?

(Based on a hypothetical $10,000 investment)

Table Summary
Class	Cost of a $10,000 investment	Cost paid as a percentage of a $10,000 investment
Institutional Class	$31	0.63%^{Footnote Reference(a)}

Footnote	Description
Footnote^(a)	Annualized

^[8]

0.63%

$ 183,075,243

23.00%

Information Technology Sub-Industry Allocation

Table Summary
Semiconductors	19.8%
Technology Hardware, Storage & Peripherals	8.6%
Systems Software	6.8%
Application Software	6.1%
Communications Equipment	3.0%
Other	0.6%

Equity Sector Allocation

Table Summary
Information Technology	44.9%
Consumer Discretionary	14.1%
Communication Services	11.7%
Health Care	10.6%
Financials	6.8%
Industrials	5.8%
Utilities	1.5%
Energy	1.2%
Materials	1.1%
Consumer Staples	0.6%
Other	0.3%

Certain Fund Changes

This is a summary of the changes to the Fund. For more complete information, you may review the Fund’s prospectus, which is available at columbiathreadneedleus.com/resources/literature or upon request at 1-800-345-6611.

At a meeting held on September 5, 2025, the Board of Trustees of Columbia Funds Series Trust II approved an Agreement and Plan of Reorganization pursuant to which the Fund transferred all of its assets and liabilities to Columbia Large Cap Growth ETF (the Acquiring Fund) in exchange for shares of the Acquiring Fund (the Reorganization). The Reorganization did not require shareholder approval and closed on March 16, 2026. As a result of the Reorganization, Institutional Class incurred 0.09% in reorganizational expenses, which had an impact of a 0.09% increase to the net expense ratio during the current reporting period.

1-800-345-6611

Columbia Integrated Large Cap Value Fund

ILVBX

You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

1-800-345-6611

What were the Fund costs for the reporting period?

(Based on a hypothetical $10,000 investment)

Table Summary
Class	Cost of a $10,000 investment	Cost paid as a percentage of a $10,000 investment
Class A	$47	0.89%^{Footnote Reference(a)}

Footnote	Description
Footnote^(a)	Annualized

^[9]

0.89%

$ 45,029,629

24.00%

Equity Sector Allocation

Table Summary
Financials	22.5%
Health Care	15.6%
Industrials	9.9%
Energy	9.5%
Information Technology	8.1%
Communication Services	7.3%
Consumer Discretionary	6.3%
Consumer Staples	5.5%
Utilities	5.2%
Real Estate	4.2%
Other	4.2%

Asset Categories

Table Summary
Common Stocks		98.3%
Money Market Funds		1.7%

Certain Fund Changes

This is a summary of the changes to the Fund. For more complete information, you may review the Fund’s prospectus, which is available at columbiathreadneedleus.com/resources/literature or upon request at 1-800-345-6611.

At a meeting held on September 5, 2025, the Board of Trustees of Columbia Funds Series Trust II approved an Agreement and Plan of Reorganization pursuant to which the Fund transferred all of its assets and liabilities to Columbia Research Enhanced Value ETF (the Acquiring Fund) in exchange for shares of the Acquiring Fund (the Reorganization). The Reorganization did not require shareholder approval and closed on March 16, 2026. As a result of the Reorganization, Class A incurred 0.39% in reorganizational expenses, which had an impact of a 0.39% increase to the net expense ratio during the current reporting period.

1-800-345-6611

Columbia Integrated Large Cap Value Fund

ILVFX

You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

1-800-345-6611

What were the Fund costs for the reporting period?

(Based on a hypothetical $10,000 investment)

Table Summary
Class	Cost of a $10,000 investment	Cost paid as a percentage of a $10,000 investment
Institutional Class	$32	0.61%^{Footnote Reference(a)}

Footnote	Description
Footnote^(a)	Annualized

^[10]

0.61%

$ 45,029,629

24.00%

Equity Sector Allocation

Table Summary
Financials	22.5%
Health Care	15.6%
Industrials	9.9%
Energy	9.5%
Information Technology	8.1%
Communication Services	7.3%
Consumer Discretionary	6.3%
Consumer Staples	5.5%
Utilities	5.2%
Real Estate	4.2%
Other	4.2%

Asset Categories

Table Summary
Common Stocks		98.3%
Money Market Funds		1.7%

Certain Fund Changes

This is a summary of the changes to the Fund. For more complete information, you may review the Fund’s prospectus, which is available at columbiathreadneedleus.com/resources/literature or upon request at 1-800-345-6611.

At a meeting held on September 5, 2025, the Board of Trustees of Columbia Funds Series Trust II approved an Agreement and Plan of Reorganization pursuant to which the Fund transferred all of its assets and liabilities to Columbia Research Enhanced Value ETF (the Acquiring Fund) in exchange for shares of the Acquiring Fund (the Reorganization). The Reorganization did not require shareholder approval and closed on March 16, 2026. As a result of the Reorganization, Institutional Class incurred 0.35% in reorganizational expenses, which had an impact of a 0.35% increase to the net expense ratio during the current reporting period.

1-800-345-6611

Columbia Integrated Small Cap Growth Fund

ISGDX

You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

columbiathreadneedleus.com/resources/literature

$ 62

$ 28,447,061

54.00%

Equity Sector Allocation

Table Summary
Health Care	25.4%
Industrials	22.2%
Information Technology	17.0%
Consumer Discretionary	10.6%
Financials	9.9%
Communication Services	3.9%
Materials	3.8%
Energy	3.7%
Real Estate	1.3%
Consumer Staples	0.5%

Asset Categories

Table Summary
Common Stocks		98.3%
Money Market Funds		1.8%
Other		0.0%^{Footnote Reference*}

Footnote	Description
Footnote^*	Percentage rounds to less than 0.1% or (0.1)%.

Institutional Class

This semi-annual shareholder report contains important information about Columbia Integrated Small Cap Growth Fund (the Fund) for the period of September 1, 2025 to February 28, 2026.

1-800-345-6611

What were the Fund costs for the reporting period?

(Based on a hypothetical $10,000 investment)

Table Summary
Class	Cost of a $10,000 investment	Cost paid as a percentage of a $10,000 investment
Institutional Class	$51	0.99%^{Footnote Reference(a)}

Footnote	Description
Footnote^(a)	Annualized

^[12]

0.99%

143

Key Fund Statistics

Table Summary
Fund net assets	$28,447,061
Total number of portfolio holdings	143
Portfolio turnover for the reporting period	54%

Top Holdings

Table Summary
Bloom Energy Corp., Class A	3.2%
Fabrinet	2.3%
Dycom Industries, Inc.	2.0%
Coeur Mining, Inc.	2.0%
Credo Technology Group Holding Ltd.	1.9%
SPX Technologies, Inc.	1.9%
Nextpower, Inc., Class A	1.9%
Kratos Defense & Security Solutions, Inc.	1.8%
Clear Secure, Inc., Class A	1.7%
Tidewater, Inc.	1.7%

Columbia Pyrford International Stock Fund

PISDX

You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

columbiathreadneedleus.com/resources/literature

$ 62

$ 252,991,171

3.00%

Geographic Allocation

Table Summary
Japan	14.0%
United Kingdom	13.6%
Australia	9.4%
Germany	9.3%
France	8.7%
Switzerland	8.1%
Singapore	6.5%
United States	6.0%
Hong Kong	4.5%
Taiwan	3.0%
Other	15.2%

Equity Sector Allocation

Table Summary
Industrials	22.4%
Consumer Staples	15.6%
Financials	13.2%
Health Care	10.7%
Information Technology	9.1%
Communication Services	9.1%
Materials	7.8%
Utilities	3.3%
Energy	3.2%
Consumer Discretionary	2.6%

Class R

This semi-annual shareholder report contains important information about Columbia Pyrford International Stock Fund (the Fund) for the period of September 1, 2025 to February 28, 2026.

1-800-345-6611

What were the Fund costs for the reporting period?

(Based on a hypothetical $10,000 investment)

Table Summary
Class	Cost of a $10,000 investment	Cost paid as a percentage of a $10,000 investment
Class R	$75	1.41%^{Footnote Reference(a)}

Footnote	Description
Footnote^(a)	Annualized

^[14]

1.41%

78

Key Fund Statistics

Table Summary
Fund net assets	$252,991,171
Total number of portfolio holdings	78
Portfolio turnover for the reporting period	3%

Top Holdings

Table Summary
Nestlé SA, Registered Shares	2.7%
Japan Tobacco, Inc.	2.5%
Roche Holding AG, Genusschein Shares	2.4%
Brambles Ltd.	2.3%
Air Liquide SA	2.2%
Mitsubishi Electric Corp.	2.2%
Unilever PLC	2.2%
United Overseas Bank Ltd.	2.2%
Telenor ASA	2.1%
KDDI Corp.	2.1%

Columbia Pyrford International Stock Fund

PISOX

You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

columbiathreadneedleus.com/resources/literature

$ 44

$ 252,991,171

3.00%

Geographic Allocation

Table Summary
Japan	14.0%
United Kingdom	13.6%
Australia	9.4%
Germany	9.3%
France	8.7%
Switzerland	8.1%
Singapore	6.5%
United States	6.0%
Hong Kong	4.5%
Taiwan	3.0%
Other	15.2%

Equity Sector Allocation

Table Summary
Industrials	22.4%
Consumer Staples	15.6%
Financials	13.2%
Health Care	10.7%
Information Technology	9.1%
Communication Services	9.1%
Materials	7.8%
Utilities	3.3%
Energy	3.2%
Consumer Discretionary	2.6%

Institutional 3 Class

This semi-annual shareholder report contains important information about Columbia Pyrford International Stock Fund (the Fund) for the period of September 1, 2025 to February 28, 2026.

1-800-345-6611

What were the Fund costs for the reporting period?

(Based on a hypothetical $10,000 investment)

Table Summary
Class	Cost of a $10,000 investment	Cost paid as a percentage of a $10,000 investment
Institutional 3 Class	$41	0.77%^{Footnote Reference(a)}

Footnote	Description
Footnote^(a)	Annualized

^[16]

0.77%

78

Key Fund Statistics

Table Summary
Fund net assets	$252,991,171
Total number of portfolio holdings	78
Portfolio turnover for the reporting period	3%

Top Holdings

Table Summary
Nestlé SA, Registered Shares	2.7%
Japan Tobacco, Inc.	2.5%
Roche Holding AG, Genusschein Shares	2.4%
Brambles Ltd.	2.3%
Air Liquide SA	2.2%
Mitsubishi Electric Corp.	2.2%
Unilever PLC	2.2%
United Overseas Bank Ltd.	2.2%
Telenor ASA	2.1%
KDDI Corp.	2.1%

Columbia Pyrford International Stock Fund

PISLX

You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

columbiathreadneedleus.com/resources/literature

$ 48

$ 252,991,171

3.00%

Geographic Allocation

Table Summary
Japan	14.0%
United Kingdom	13.6%
Australia	9.4%
Germany	9.3%
France	8.7%
Switzerland	8.1%
Singapore	6.5%
United States	6.0%
Hong Kong	4.5%
Taiwan	3.0%
Other	15.2%

Equity Sector Allocation

Table Summary
Industrials	22.4%
Consumer Staples	15.6%
Financials	13.2%
Health Care	10.7%
Information Technology	9.1%
Communication Services	9.1%
Materials	7.8%
Utilities	3.3%
Energy	3.2%
Consumer Discretionary	2.6%

Class A

This semi-annual shareholder report contains important information about Columbia Ultra Short Duration Municipal Bond Fund (the Fund) for the period of September 1, 2025 to February 28, 2026.

1-800-345-6611

What were the Fund costs for the reporting period?

(Based on a hypothetical $10,000 investment)

Table Summary
Class	Cost of a $10,000 investment	Cost paid as a percentage of a $10,000 investment
Class A	$23	0.47%^{Footnote Reference(a)}

Footnote	Description
Footnote^(a)	Annualized

^[18]

0.47%

79

Key Fund Statistics

Table Summary
Fund net assets	$81,407,529
Total number of portfolio holdings	79
Portfolio turnover for the reporting period	46%

Columbia Ultra Short Duration Municipal Bond Fund

USMEX

You can find additional information about the Fund at columbiathreadneedleus.com/resources/literature. You can also request more information by contacting us at 1-800-345-6611.

columbiathreadneedleus.com/resources/literature

$ 16

$ 81,407,529

46.00%