Supplement dated March
31, 2025
to the Prospectus and Summary Prospectus, each as supplemented (if
applicable), of the following funds
(each, a Fund, and collectively, the Funds):
| |
Prospectus and Summary Prospectus Dated |
Columbia Funds Series Trust |
|
Columbia California Intermediate Municipal Bond Fund |
|
Columbia Funds Series Trust I |
|
Columbia Intermediate Duration Municipal Bond Fund |
|
Columbia Massachusetts Intermediate Municipal Bond Fund
|
|
Columbia New York Intermediate Municipal Bond Fund |
|
Columbia Oregon Intermediate Municipal Bond Fund |
|
Effective immediately, the following changes are hereby made to each Fund's Prospectus and Summary Prospectus.
The portfolio manager 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“Fund Management” in the Summary Prospectus and in the “Summary of the Fund” section of the Prospectus is hereby superseded and replaced with the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:
* Mr. Fox has managed Columbia California Intermediate Municipal Bond Fund, Columbia Intermediate Duration Municipal Bond Fund, Columbia Massachusetts Intermediate Municipal Bond Fund and Columbia New York Intermediate Municipal Bond Fund since 2012; Mr. Fox has managed Columbia
Oregon Intermediate Municipal Bond Fund since 2016.
The rest of the section remains the same.
The portfolio manager information under the heading “Primary Service Provider Contracts – Portfolio
Managers” in the “More Information About the
Fund” section of the Prospectus is hereby superseded
and replaced with the following:
* Mr. Fox has managed Columbia California Intermediate Municipal Bond Fund, Columbia Intermediate Duration Municipal Bond Fund, Columbia Massachusetts Intermediate Municipal Bond Fund and Columbia New York Intermediate Municipal Bond Fund since 2012; Mr. Fox has managed Columbia
Oregon Intermediate Municipal Bond Fund since 2016.
Mr. Fox joined one of the Columbia Management legacy firms or acquired business lines in 1999. Mr. Fox began his investment
career in 1990 and earned a B.S. in Finance from the University of Massachusetts and an M.B.A. from Suffolk University.
Mr. Rangel joined the Investment Manager in 2019. Prior to joining the Investment Manager, he was a senior director for client
portfolio management at Galliard Capital Management, a wholly-owned subsidiary of Wells Fargo. Mr. Rangel began his investment career in 2000 and earned a B.A. in Business
Management from Greenville University and an M.B.A. from the University of St. Thomas.
Mr. Bates joined one of the Columbia Management legacy firms or
acquired business lines in 2008. He has been a member of the investment community since 2005. He earned a B.S. in accounting from Bentley University.
The rest of the section remains the same.
Shareholders should retain this Supplement for future
reference.