0001193125-23-241421.txt : 20230925 0001193125-23-241421.hdr.sgml : 20230925 20230925170055 ACCESSION NUMBER: 0001193125-23-241421 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230925 DATE AS OF CHANGE: 20230925 EFFECTIVENESS DATE: 20230925 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA FUNDS SERIES TRUST I CENTRAL INDEX KEY: 0000773757 IRS NUMBER: 363376651 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 002-99356 FILM NUMBER: 231276444 BUSINESS ADDRESS: STREET 1: 290 CONGRESS STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 800-345-6611 MAIL ADDRESS: STREET 1: 290 CONGRESS STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: COLUMBIA FUNDS TRUST IX DATE OF NAME CHANGE: 20031107 FORMER COMPANY: FORMER CONFORMED NAME: LIBERTY STEIN ROE FUNDS MUNICIPAL TRUST DATE OF NAME CHANGE: 19991025 FORMER COMPANY: FORMER CONFORMED NAME: STEINROE MUNICIPAL TRUST DATE OF NAME CHANGE: 19920703 0000773757 S000021579 Columbia Bond Fund C000094716 Columbia Bond Fund Class V CNDTX 497K 1 d543269d497k.htm COLUMBIA FUNDS SERIES TRUST I Columbia Funds Series Trust I
Supplement dated September 25, 2023
to the Prospectus and Summary Prospectus of each of the following funds:
Fund Prospectus and Summary Prospectus Dated
Columbia Funds Series Trust I  
 Columbia Bond Fund 9/1/2023
 Columbia Intermediate Duration Municipal Bond Fund 3/1/2023
 Columbia Massachusetts Intermediate Municipal Bond Fund 3/1/2023
 Columbia New York Intermediate Municipal Bond Fund 3/1/2023
In September 2023, the Board of Trustees of Columbia Bond Fund, Columbia Intermediate Duration Municipal Bond Fund, Columbia Massachusetts Intermediate Municipal Bond Fund and Columbia New York Intermediate Municipal Bond Fund (each, a Fund, and collectively, the Funds) approved each Fund's Class V liquidation on December 8, 2023 (the Liquidation Date).
Effective at start of business on December 11, 2023, all references to Class V shares are hereby deleted from each Fund's Prospectus and Summary Prospectus.
Effective at the open of business on November 27, 2023, Class V shares of the Funds will be closed to new and existing investors. In the event that an order to purchase Class V shares is received by a Fund or its transfer agent after November 27, 2023, that order will be refused by a Fund or its transfer agent and any money that a Fund or its transfer agent received with the order will be returned to the investor, account or financial intermediary, as appropriate, without interest.
Shareholders who hold Funds' Class V shares through a retirement plan or account (such as a 401(k) plan or individual retirement account) and who receive a distribution of liquidation proceeds will be subject to taxes and, if under 59½ years of age, applicable early withdrawal penalties, unless the distribution proceeds are reinvested as a rollover in an eligible retirement plan or account within 60 days after the proceeds are received. Investors with a Columbia IRA, SEP IRA, SIMPLE IRA, Roth IRA or Coverdell Education Savings Account with UMB Bank as custodian must act on their account(s) prior to the Liquidation Date. Investors holding Class V shares in these accounts who do not act prior to the Liquidation Date, will be automatically exchanged to Class A of Columbia Government Money Market Fund. Investors choosing to liquidate their retirement account prior to the liquidation date by completing an IRA Distribution Form or calling the Transfer Agent may have the $20 annual participant fee taken from the liquidation proceeds.
Shareholders should retain this Supplement for future reference.
SUP000_00_135_(09/23)