497 1 d766431d497.htm MULTI FUNDS Multi Funds
Supplement dated July 1, 2019
to the Prospectus (as supplemented, if applicable) of each of the following funds (each, a Fund, and collectively, the
Funds):
Fund Prospectus Dated
Columbia Acorn Trust  
 Columbia Acorn Emerging Markets Fund 5/1/2019
 Columbia Acorn European Fund 5/1/2019
 Columbia Acorn Fund 5/1/2019
 Columbia Acorn International 5/1/2019
 Columbia Acorn International Select 5/1/2019
 Columbia Acorn Select 5/1/2019
 Columbia Acorn USA 5/1/2019
 Columbia Thermostat Fund 5/1/2019
Columbia Funds Series Trust  
 Columbia California Intermediate Municipal Bond Fund 9/1/2018
 Columbia Capital Allocation Moderate Aggressive Portfolio 6/1/2019
 Columbia Capital Allocation Moderate Conservative Portfolio 6/1/2019
 Columbia Georgia Intermediate Municipal Bond Fund 9/1/2018
 Columbia Global Strategic Equity Fund 6/1/2019
 Columbia Maryland Intermediate Municipal Bond Fund 9/1/2018
 Columbia North Carolina Intermediate Municipal Bond Fund 9/1/2018
 Columbia Short Term Bond Fund 8/1/2018
 Columbia Short Term Municipal Bond Fund 9/1/2018
 Columbia South Carolina Intermediate Municipal Bond Fund 9/1/2018
 Columbia Virginia Intermediate Municipal Bond Fund 9/1/2018
Columbia Funds Series Trust I  
 Columbia Adaptive Retirement 2020 Fund 8/1/2018
 Columbia Adaptive Retirement 2025 Fund 8/1/2018
 Columbia Adaptive Retirement 2030 Fund 8/1/2018
 Columbia Adaptive Retirement 2035 Fund 8/1/2018
 Columbia Adaptive Retirement 2040 Fund 8/1/2018
 Columbia Adaptive Retirement 2045 Fund 8/1/2018
 Columbia Adaptive Retirement 2050 Fund 8/1/2018
 Columbia Adaptive Retirement 2055 Fund 8/1/2018
 Columbia Adaptive Retirement 2060 Fund 8/1/2018
 Columbia Adaptive Risk Allocation Fund 10/1/2018
 Columbia Alternative Beta Fund 10/1/2018
 Columbia Balanced Fund 1/1/2019
 Columbia Bond Fund 9/1/2018
 Columbia Connecticut Intermediate Municipal Bond Fund 3/1/2019
 Columbia Contrarian Core Fund 1/1/2019
 Columbia Corporate Income Fund 9/1/2018
 Columbia Disciplined Small Core Fund 1/1/2019
 Columbia Dividend Income Fund 10/1/2018
 Columbia Emerging Markets Fund 1/1/2019
 Columbia Global Dividend Opportunity Fund 1/1/2019
 Columbia Global Energy and Natural Resources Fund 1/1/2019
 Columbia Global Technology Growth Fund 1/1/2019
 Columbia Greater China Fund 1/1/2019
 Columbia High Yield Municipal Fund 10/1/2018
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Fund Prospectus Dated
 Columbia Intermediate Municipal Bond Fund 3/1/2019
 Columbia Large Cap Growth Fund 12/1/2018
 Columbia Massachusetts Intermediate Municipal Bond Fund 3/1/2019
 Columbia Mid Cap Growth Fund 1/1/2019
 Columbia Multi-Asset Income Fund 9/1/2018
 Columbia New York Intermediate Municipal Bond Fund 3/1/2019
 Columbia Oregon Intermediate Municipal Bond Fund 12/1/2018
 Columbia Pacific/Asia Fund 8/1/2018
 Columbia Real Estate Equity Fund 5/1/2019
 Columbia Select Large Cap Growth Fund 8/1/2018
 Columbia Small Cap Growth Fund I 1/1/2019
 Columbia Small Cap Value Fund I 9/1/2018
 Columbia Strategic California Municipal Income Fund 3/1/2019
 Columbia Strategic Income Fund 1/1/2019
 Columbia Strategic New York Municipal Income Fund 3/1/2019
 Columbia Tax-Exempt Fund 12/1/2018
 Columbia Total Return Bond Fund 9/1/2018
 Columbia U.S. Social Bond Fund 12/1/2018
 Columbia U.S. Treasury Index Fund 9/1/2018
 Columbia Ultra Short Term Bond Fund 2/15/2019
Columbia Funds Series Trust II  
 Columbia Capital Allocation Aggressive Portfolio 6/1/2019
 Columbia Capital Allocation Conservative Portfolio 6/1/2019
 Columbia Capital Allocation Moderate Portfolio 6/1/2019
 Columbia Commodity Strategy Fund 10/1/2018
 Columbia Contrarian Asia Pacific Fund 3/1/2019
 Columbia Contrarian Europe Fund 3/1/2019
 Columbia Disciplined Core Fund 12/1/2018
 Columbia Disciplined Growth Fund 12/1/2018
 Columbia Disciplined Value Fund 12/1/2018
 Columbia Dividend Opportunity Fund 10/1/2018
 Columbia Emerging Markets Bond Fund 1/1/2019
 Columbia Flexible Capital Income Fund 10/1/2018
 Columbia Floating Rate Fund 12/1/2018
 Columbia Global Infrastructure Fund 9/1/2018
 Columbia Global Opportunities Fund 12/1/2018
 Columbia Government Money Market Fund 12/1/2018
 Columbia High Yield Bond Fund 10/1/2018
 Columbia Income Builder Fund 6/1/2019
 Columbia Income Opportunities Fund 12/1/2018
 Columbia Inflation Protected Securities Fund 12/1/2018
 Columbia Large Cap Value Fund 10/1/2018
 Columbia Limited Duration Credit Fund 12/1/2018
 Columbia Minnesota Tax-Exempt Fund 12/1/2018
 Columbia Mortgage Opportunities Fund 10/1/2018
 Columbia Quality Income Fund 10/1/2018
 Columbia Select Global Equity Fund 3/1/2019
 Columbia Select Large Cap Value Fund 10/1/2018
 Columbia Select Small Cap Value Fund 10/1/2018
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Fund Prospectus Dated
 Columbia Seligman Communications & Information Fund 10/1/2018
 Columbia Seligman Global Technology Fund 3/1/2019
 Columbia Small/Mid Cap Value Fund 10/1/2018
 Columbia Strategic Municipal Income Fund 12/1/2018
Effective immediately the information provided by Raymond James in the section "Appendix A: Financial Intermediary-Specific Reductions/Waivers of Sales Charges" of each Fund's Prospectus is hereby superseded and replaced with the following:
Raymond James & Associates, Inc., Raymond James Financial Services & Raymond James affiliates (Raymond James)
The following information has been provided by Raymond James:
Intermediary-Defined Sales Charge Waiver Policies:
The availability of certain initial or deferred sales charge waivers and discounts may depend on the particular financial intermediary or type of account through which you purchase or hold Fund shares.
Intermediaries may have different policies and procedures regarding the availability of front-end sales load waivers or contingent deferred (back-end) sales load (CDSC) waivers, which are discussed below. In all instances, it is the purchaser’s responsibility to notify the fund or the purchaser’s financial intermediary at the time of purchase of any relationship or other facts qualifying the purchaser for sales charge waivers or discounts. For waivers and discounts not available through a particular intermediary, shareholders will have to purchase fund shares directly from the fund or through another intermediary to receive these waivers or discounts.
Raymond James:
Effective March 1, 2019, shareholders purchasing fund shares through a Raymond James platform or account, or through an introducing broker-dealer or independent registered investment adviser for which Raymond James provides trade execution, clearance, and/or custody services, will be eligible only for the following load waivers (front-end sales charge waivers and contingent deferred, or back-end, sales charge waivers) and discounts, which may differ from those disclosed elsewhere in this Fund’s prospectus or SAI.
Front-end Sales Load Waivers on Class A Shares Available at Raymond James:
■ Shares purchased in an investment advisory program.
■ Shares purchased within the Columbia Funds through a systematic reinvestment of capital gains and dividend distributions.
■ Employees and registered representatives of Raymond James or its affiliates and their family members as designated by Raymond James.
■ Shares purchased from the proceeds of redemptions within the Columbia Funds, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (known as Rights of Reinstatement).
■ A shareholder in the Fund’s Class C shares will have their shares converted at net asset value to Class A shares (or the appropriate share class) of the Fund if the shares are no longer subject to a CDSC and the conversion is in line with the policies and procedures of Raymond James.
CDSC Waivers on Class A and Class C Shares Available at Raymond James:
■ Death or disability of the shareholder.
■ Shares sold as part of a systematic withdrawal plan as described in the fund’s prospectus.
■ Return of excess contributions from an IRA Account.
■ Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the shareholder reaching age 70½ as described in the fund’s prospectus.
■ Shares sold to pay Raymond James fees but only if the transaction is initiated by Raymond James.
■ Shares acquired through a right of reinstatement.
Front-end Load Discounts Available at Raymond James: Breakpoints, Rights of Accumulation and/or Letters of Intent:
■ Breakpoints as described in this prospectus.
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■ Rights of accumulation which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holding of Columbia Fund assets held by accounts within the purchaser’s household at Raymond James. Eligible Columbia Fund assets not held at Raymond James may be included in the calculation of rights of accumulation calculation only if the shareholder notifies his or her financial advisor about such assets.
■ Letters of intent which allow for breakpoint discounts based on anticipated purchases within the Columbia Funds, over a 13-month time period. Eligible Columbia Fund assets not held at Raymond James may be included in the calculation of letters of intent only if the shareholder notifies his or her financial advisor about such assets.
Shareholders should retain this Supplement for future reference.
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