497 1 b58292cfe497.txt COLUMBIA FUNDS SERIES TRUST COLUMBIA FUNDS SERIES TRUST COLUMBIA SMALL CAP GROWTH FUND II (THE "FUND") SUPPLEMENT DATED DECEMBER 23, 2005 TO THE PROSPECTUSES DATED NOVEMBER 1, 2005 The prospectuses for all share classes of the Fund are hereby supplemented to reflect the following: o The members of the Small Cap Growth Strategies Team are: Daniel Cole, Paul Berlinguet, Daniele Donahoe, Jon Michael Morgan and Clifford Siverd. The prospectuses for all share classes of the Fund are hereby also supplemented by replacing the professional biographies of the team members responsible for making the day-to-day investment decisions for the Fund with the following:
BUSINESS EXPERIENCE DURING PORTFOLIO MANAGER LENGTH OF SERVICE WITH FUND PAST FIVE YEARS ----------------- --------------------------- ------------------------------------ Daniel Cole Columbia Small Cap Growth Fund II Columbia Management -- Portfolio since September 2001 Manager since 2001 Paul Berlinguet Columbia Small Cap Growth Fund II Columbia Management -- Head of Small since December 2005 Cap Growth Team and Large Cap Growth Team since 2003 John Hancock Funds -- Head of Large-Mid Cap Equity Group and Portfolio Manager since 2001 Daniele Donahoe Columbia Small Cap Growth Fund II Columbia Management -- Associated since December 2005 since 2002 Citigroup -- Associate in Equity Research Department Jon Michael Morgan Columbia Small Cap Growth Fund II Columbia Management -- Associated since December 2005 since 2000 Clifford Siverd Columbia Small Cap Growth Fund II Columbia Management -- Associated since December 2005 since 2001
COLUMBIA FUNDS SERIES TRUST COLUMBIA SMALL CAP GROWTH FUND II (THE "FUND") SUPPLEMENT DATED DECEMBER 23, 2005 TO THE STATEMENT OF ADDITIONAL INFORMATION DATED AUGUST 1, 2005 The Statement of Additional Information for all share classes of the Fund is hereby supplemented as follows: 1. The table following the heading "Other Accounts Managed by the Portfolio Managers" in the section "PORTFOLIO MANAGERS" is hereby removed and replaced with the following:
OTHER SEC-REGISTERED OPEN- OTHER POOLED INVESTMENT PORTFOLIO MANAGER END AND CLOSED-END FUNDS VEHICLES OTHER ACCOUNTS ----------------------- ----------------------------- --------------------------- ------------------------------ Number of Number of Number of accounts Assets accounts Assets accounts Assets ------------------------ -------- -------------- -------- ------------ -------- -------------- Leonard A. Aplet 9 $3.2 billion 6 $2.7 billion 103 $3.4 billion Paul J. Berlinguet* 7 $2.3 billion 1 $404 million 16 $266 million Daniel H. Cole 1 $630 million 2 $55 million 8 $270 million Richard R. Cutts 9 $3.2 billion 6 $2.7 billion 100 $3.4 billion Lori J. Ensigner 8 $4.32 billion 1 $97 million 2,052 $2.1 billion David L. Hoffman 8 $4.32 billion 1 $97 million 2,052 $2.1 billion Vikram J. Kuriyan 11 $6.3 billion 11 $1.0 billion 15 $1.4 billion Noah J. Petrucci 8 $4.32 billion 1 $97 million 2,050 $2.1 billion Diane L. Sobin 8 $4.32 billion 1 $97 million 2052 $2.1 billion Michael A. Welhoelter 8 $3.9 billion 5 $23 million 47 $1.4 billion Tom Marsico(1) 29 $21.83 billion 11 $1.04 billion 167 $17.0 billion Tom Marsico(2) 29 $21.87 billion 11 $1.04 billion 167 $17.0 billion Corydon Gilchist(3) 4 $1.15 billion 0 N/A 1 $71 million Corydon Gilchist(4) 4 $1.19 billion 0 N/A 1 $71 million Jim Gendelman 11 $2.40 billion 0 N/A 2 $144 million Glenn Carlson 12 $10.44 billion 54 $9.61 billion 18,272 $75.70 billion Brent Woods 12 $10.44 billion 54 $9.61 billion 18,272 $75.70 billion William Pickering 12 $10.44 billion 54 $9.61 billion 18,272 $75.70 billion Amelia Morris 12 $10.44 billion 54 $9.61 billion 18,272 $75.70 billion Keith Colestock 12 $10.44 billion 54 $9.61 billion 18,272 $75.70 billion Donald E. Morgan 4 $6.28 billion 6 $2.86 billion 47 $13.85 billion J. Matthew Philo 4 $6.28 billion 0 N/A 0 N/A Paul J. Berlinguet* 7 $2.3 billion 1 $404 million 16 $266 million Daniele M. Donahoe* 0 N/A 4 $321 million 9 $36 million Jon Michael Morgan* 0 N/A 4 $321 million 11 $36 million Clifford D. Siverd* 0 N/A 4 $321 million 11 $36 million
* Information is provided as of December 21, 2005. (1) "Other SEC-registered open-end and closed-end funds" represents funds other than Nations Marsico Focused Equities Portfolio. (2) "Other SEC-registered open-end and closed-end funds" represents funds other than Nations Marsico Growth Portfolio. (3) "Other SEC-registered open-end and closed-end funds" represents funds other than Nations Marsico MidCap Growth Portfolio. (4) "Other SEC-registered open-end and closed-end funds" represents funds other than Nations Marsico 21st Century Portfolio. 2. The table following the heading "Ownership of Securities" in the section "PORTFOLIO MANAGERS" is hereby removed and replaced with the following:
Dollar Range of Equity Securities Portfolio Manager in the Fund Beneficially Owned ----------------- --------------------------------- Leonard A. Aplet $0 Daniel H. Cole $100,000-$500,000 Richard R. Cutts $0 Lori J. Ensigner $0 David L. Hoffman $0 Vikram J. Kuriyan $0 Noah J. Petrucci $0 Diane L. Sobin $0 Michael A. Welhoelter $0 Tom Marsico $0 Corydon Gilchist $0 Jim Gendelman $0 Glenn Carlson $0 Brent Woods $0 William Pickering $0 Amelia Morris $0 Keith Colestock $0 Donald E. Morgan $0 J. Matthew Philo $0 Paul J. Berlinguet* $0 Daniele M. Donahoe* $0 Jon Michael Morgan* $1-$10,000 Clifford D. Siverd* $1-$10,000
* Information is provided as of December 21, 2005. 3. The table following the heading "Compensation" in the section "PORTFOLIO MANAGERS" is hereby removed and replaced with the following:
PORTFOLIO MANAGER PERFORMANCE BENCHMARK PEER GROUP ---------------------------- ------------------------------------------ ----------------------------------------------- Leonard Aplet Russell 1000 Index Morningstar Moderate Allocation Category Merrill Lynch 1-3 Treasury Index Lipper Short Investment Grade Debt Funds Category Lehman Brothers U.S. Aggregate Index Lipper Intermediate Investment Grade Debt Funds Category Daniel H. Cole Russell 2000 Growth Index Morningstar Small Growth Category Kevin Cronk Lehman Brothers U.S. Aggregate Index Lipper Multi Sector Income Funds Category and Lipper Intermediate Investment Grade Debt Funds Category Richard R. Cutts Russell 1000 Index Morningstar Moderate Allocation Category Merrill Lynch 1-3 Treasury Index Lipper Short Investment Grade Debt Funds Category Richard Dahlberg Merrill Lynch All Convertibles All Qualities Morningstar Convertibles Category Index Brian Drainville Lehman Brothers Intermediate Lipper Short-Intermediate Investment Grade Government/Credit Index Debt Funds Category Lehman Brothers U.S. Aggregate Index Lipper Intermediate Investment Grade Debt Funds Category Chris Eckstrom Lehman Brothers Quality Intermediate Lipper Florida Intermediate Municipal Debt Municipal Index Funds Category and Lipper Other States Intermediate Municipal Debt Funds Category Lehman Brothers Municipal Bond Index Lipper General Municipal Debt Funds Category, and Lipper Florida Municipal Debt Funds Category Lori J. Ensinger Russell 1000 Value Index Morningstar Large Value Category Russell Mid Cap Value Index Morningstar Mid Value Category Jarl Ginsberg Russell 2000 Value Index Morningstar Small Value Category David L. Hoffman Russell 1000 Value Index Morningstar Large Value Category Russell Mid Cap Value Index Morningstar Mid Value Category Vikram J. Kuriyan Russell 1000 Index Morningstar Moderate Allocation Category S&P 500 Index Morningstar Conservative Allocation Category, Morningstar Large Blend Category, and Morningstar Moderate Allocation Category
PORTFOLIO MANAGER PERFORMANCE BENCHMARK PEER GROUP ---------------------------- ------------------------------------------ ----------------------------------------------- Lehman Brothers U.S. Aggregate Index Morningstar Conservative Allocation Category and Morningstar Moderate Allocation Category S&P MidCap 400 Index Morningstar Mid Blend Category S&P SmallCap 600 Index Morningstar Small Blend Category Thomas LaPointe Lehman Brothers U.S. Aggregate Index Lipper Multi Sector Income Funds Category and Lipper Intermediate Investment Grade Debt Funds Category Craig Leopold S&P 500 Index Morningstar Large Blend Category George Maris S&P 500 Index Morningstar Large Blend Category Colin Moore S&P 500 Index Morningstar Large Blend Category Wendy Norman Lehman Brothers Quality Intermediate Lipper Intermediate Municipal Debt Funds Municipal Index Category, Lipper California Intermediate Municipal Debt Funds Category and Lipper Other States Intermediate Municipal Debt Funds Category Lehman Brothers Municipal Bond Index Lipper California Municipal Debt Funds Category Laura Ostrander Lehman Brothers U.S. Aggregate Index Lipper Multi Sector Income Funds Category and Lipper Intermediate Investment Grade Debt Funds Category Edward Paik Merrill Lynch All Convertibles All Qualities Morningstar Convertibles Category Index Ann Peterson Lehman Brothers U.S. Government Intermediate Lipper General U.S. Government Funds Category Index Noah J. Petrucci Russell 1000 Value Index Morningstar Large Value Category Russell Mid Cap Value Index Morningstar Mid Value Category Peter Santoro S&P 500 Index Morningstar Large Blend Category Marie Schofield Lehman Brothers U.S. Aggregate Index Lipper Intermediate Investment Grade Debt Funds Category Lehman Brothers U.S. Government Intermediate Lipper Short-Intermediate U.S. Government Index Funds Category Diane L. Sobin Russell 1000 Value Index Morningstar Large Value Category Russell Mid Cap Value Index Morningstar Mid Value Category Christian Stadlinger Russell 2000 Value Index Morningstar Small Value Category John Trentacoste Lehman Brothers Quality Intermediate Lipper Other States Intermediate Municipal Municipal Index Debt Funds Category Lehman Brothers 1-Year Municipal Bond Index Lipper Short Municipal Debt Fund Category
PORTFOLIO MANAGER PERFORMANCE BENCHMARK PEER GROUP ---------------------------- ------------------------------------------ ----------------------------------------------- Lehman Brothers 3-Year Municipal Bond Index Lipper Short Municipal Debt Fund Category Sean Wilson S&P 500 Index Morningstar Large Blend Category Yanfang (Emma) Yan Merrill Lynch All Convertibles All Qualities Morningstar Convertibles Category Index Paul. J. Berlinguet Russell 2000 Growth Index Morningstar Small Growth Category Daniele M. Donahoe Russell 2000 Growth Index Morningstar Small Growth Category Jon Michael Morgan Russell 2000 Growth Index Morningstar Small Growth Category Clifford D. Siverd Russell 2000 Growth Index Morningstar Small Growth Category