Columbia Intermediate Municipal Bond Fund (GMMB): Price and Financial Metrics ETF
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Columbia Intermediate Municipal Bond Fund (GMMB) ETF Bio
The investment objective of the Columbia Intermediate Municipal Bond Strategy ETF seeks a high level of current tax-exempt income and higher risk-adjusted returns relative to its benchmark. The fund invests at least 80% of its net assets in debt securities with interest payments exempt from federal income taxes. It will typically invest in municipal securities and will invest primarily in tax-exempt general obligation, revenue and private activity bonds and notes, which are issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies and instrumentalities.