Supplement dated March
31, 2025
to the Prospectus and Summary Prospectus, as supplemented (as
applicable) of each of the following funds
(each, a Fund, and collectively, the Funds):
| |
Prospectus and Summary Prospectus Dated |
Columbia Funds Series Trust |
|
Columbia Short Duration Municipal Bond Fund |
|
Columbia Funds Series Trust II |
|
Columbia Ultra Short Duration Municipal Bond Fund |
|
Effective immediately, the following changes are hereby made to
each Fund's Prospectus and Summary Prospectus.
The information under the subsection “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Management” in the Summary Prospectus and in the “Summary of the Fund” section of the Prospectus is hereby superseded and replaced with the following:
* Ms. Stienstra has announced her decision to retire as Senior Portfolio Manager, effective June 30, 2025. At that time, Ms. Stienstra will cease to serve as a portfolio manager of the Fund.
** Ms. Stienstra has managed Columbia Short Duration Municipal Bond Fund and Columbia Ultra Short Duration Municipal Bond Fund since 2012 and 2022, respectively.
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Provider Contracts - Portfolio Managers” in the “More Information About the Fund” section of the Prospectus is hereby superseded and replaced with the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:
* Ms. Stienstra has announced her decision to retire as Senior Portfolio Manager, effective June 30, 2025. At that time, Ms. Stienstra will cease to serve as a portfolio manager of the Fund.
** Ms. Stienstra has managed Columbia Short Duration Municipal Bond Fund and Columbia Ultra Short Duration Municipal Bond Fund since 2012 and 2022, respectively.
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.
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. 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.