Supplement dated January 20, 2015
To the Summary Prospectus, as amended, of each of the following funds:
Fund | Summary Prospectus Dated | |
Columbia AMT-Free California Intermediate Muni Bond Fund |
9/1/2014 | |
Columbia AMT-Free Georgia Intermediate Muni Bond Fund |
9/1/2014 | |
Columbia AMT-Free Maryland Intermediate Muni Bond Fund |
9/1/2014 | |
Columbia AMT-Free North Carolina Intermediate Muni Bond Fund |
9/1/2014 | |
Columbia AMT-Free South Carolina Intermediate Muni Bond Fund |
9/1/2014 | |
Columbia AMT-Free Tax-Exempt Bond Fund |
12/1/2014 | |
Columbia AMT-Free Virginia Intermediate Muni Bond Fund |
9/1/2014 | |
Columbia Minnesota Tax-Exempt Fund |
12/1/2014 |
Effective February 19, 2015 (the Effective Date), the maximum sales charge (load) imposed on purchases (as a percentage of the offering price) of Class A shares is changed to 3.00% from 3.25% for each of the above-named Intermediate Muni Bond Funds and from 4.75% for each of the other above-named funds. In addition, on the Effective Date, the maximum deferred sales charge (load) imposed on redemptions (as a percentage of the lower of the original purchase price or current net asset value) is 0.75% and is imposed on certain investments of $500,000 or more redeemed within 12 months after purchase, with certain limited exceptions.
Accordingly, on the Effective Date, each Funds Summary Prospectus is hereby revised as follows:
The Class A column, and the associated footnote, of the Shareholder Fees table is hereby revised as follows:
Shareholder Fees (fees paid directly from your investment)
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Class A
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Maximum sales charge (load) imposed on purchases (as a % of offering price) |
3.00% | |
Maximum deferred sales charge (load) imposed on redemptions (as a % of the lower of the original purchase price or current net asset value) |
0.75%(a) |
(a) | For purchases made on or after February 19, 2015, this charge is imposed on certain investments of $500,000 or more redeemed within 12 months after purchase, with certain limited exceptions. For purchases made prior to February 19, 2015, this charge is imposed on certain investments of between $1 million and $50 million redeemed within 18 months after purchase, as follows: 1.00% if redeemed within 12 months after purchase, and 0.50% if redeemed more than 12, but less than 18, months after purchase, with certain limited exceptions. |
Additionally, for each Fund, the expense Example table for Class A shares (whether or not shares are redeemed) is hereby revised as follows:
1 year
|
3 years
|
5 years
|
10 years
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Columbia AMT-Free California Intermediate Muni Bond Fund Class A (whether or not shares are redeemed) |
$373 | $575 | $794 | $1,423 | ||||||||||||
Columbia AMT-Free Georgia Intermediate Muni Bond Fund Class A (whether or not shares are redeemed) |
$380 | $605 | $848 | $1,544 | ||||||||||||
Columbia AMT-Free Maryland Intermediate Muni Bond Fund Class A (whether or not shares are redeemed) |
$380 | $599 | $835 | $1,513 | ||||||||||||
Columbia AMT-Free North Carolina Intermediate Muni Bond Fund Class A (whether or not shares are redeemed) |
$380 | $588 | $814 | $1,461 | ||||||||||||
Columbia AMT-Free South Carolina Intermediate Muni Bond Fund Class A (whether or not shares are redeemed) |
$380 | $593 | $822 | $1,482 | ||||||||||||
Columbia AMT-Free Tax-Exempt Bond Fund Class A (whether or not shares are redeemed) |
$382 | $557 | $747 | $1,295 | ||||||||||||
Columbia AMT-Free Virginia Intermediate Muni Bond Fund Class A (whether or not shares are redeemed) |
$380 | $584 | $805 | $1,440 | ||||||||||||
Columbia Minnesota Tax-Exempt Fund Class A (whether or not shares are redeemed) |
$382 | $557 | $747 | $1,295 |
The rest of the section remains the same.
Shareholders should retain this Supplement for future reference.
SUP000_00_012_(01/15)