425 1 d425.htm COLUMBIA FUNDS SERIES TRUST I Columbia Funds Series Trust I
   

Filing by Columbia Funds Series Trust I pursuant to Rule 425

under the Securities Act of 1933, and deemed filed under

Rule 14a-12(b) under the Securities Exchange Act of 1934.

Subject Companies:

RiverSource Tax-Exempt Series, Inc.

(SEC File No. 811-02686)

RiverSource Investment Series, Inc.

(SEC File No. 811-00054)

RiverSource California Tax-Exempt Trust

(SEC File No. 811-04646)

Seligman Municipal Series Trust

(SEC File No. 811-04250)

Seligman LaSalle Real Estate Fund Series, Inc.

(SEC File No. 811-21365)

RiverSource Sector Series, Inc.

(SEC File No. 811-05522)

RiverSource Dimensions Series, Inc.

(SEC File No. 811-01629)

RiverSource Special Tax-Exempt Series Trust

(SEC File No. 811-04647)

Seligman Municipal Fund Series, Inc.

(SEC File No. 811-03828)

RiverSource Managers Series, Inc.

(SEC File No. 811-10321)

RiverSource Selected Series, Inc.

(SEC File No. 811-04132)

RiverSource Strategic Allocation Series, Inc.

(SEC File No. 811-04133)

RiverSource Tax Exempt Income Series, Inc.

(SEC File No. 811-02901)

Seligman Capital Fund, Inc.

(SEC File No. 811-01886)

Seligman Growth Fund, Inc.

(SEC File No. 811-00229)

[Columbia Management logo]

 

Prospectus Supplement – August 18, 2010

to the Prospectuses, as supplemented, of each of the following funds:

Fund (Prospectus Date)

  

Prospectus Form #

RiverSource Balanced Fund (11/27/09)

   S-6326-99 AE

RiverSource California Tax-Exempt Fund (10/30/09)

   S-6328-99 AJ

RiverSource Disciplined International Equity Fund (12/30/09)

   S-6506-99 F

RiverSource Disciplined Small and Mid Cap Equity Fund (9/29/09)

   S-6505-99 F

RiverSource Disciplined Small Cap Value Fund (9/29/09)

   S-6397-99 F

RiverSource Intermediate Tax-Exempt Fund (1/29/10)

   S-6355-99 V

RiverSource LaSalle Global Real Estate Fund (3/1/10)

   SL-9910-99 A

RiverSource LaSalle Monthly Dividend Real Estate Fund (3/1/10)

   SL-9910-99 A

RiverSource New York Tax-Exempt Fund (10/30/09)

   S-6328-99 AJ

RiverSource Partners Fundamental Value Fund (7/30/10)

   S-6236-99 N

RiverSource Precious Metals and Mining Fund (5/28/10)

   S-6142-99 AG

RiverSource Real Estate Fund (8/28/09) / (8/27/10)

   S-6281-99 H / J

RiverSource S&P 500 Index Fund (4/1/10)

   S-6434-99 R

RiverSource Short Duration U.S. Government Fund (7/30/10)

   S-6042-99 AG

RiverSource Small Company Index Fund (4/1/10)

   S-6357-99 W

RiverSource Strategic Income Allocation Fund (11/27/09)

   S-6287-99 E

RiverSource Tax-Exempt High Income Fund (1/29/10)

   S-6430-99 AG

Seligman California Municipal High-Yield Fund (11/27/09)

   SL-9902-99 A

Seligman California Municipal Quality Fund (11/27/09)

   SL-9902-99 A

Seligman Capital Fund (3/1/10)

   SL-9906-99 A


Seligman Growth Fund (3/1/10)

   SL-9908-99 A

Seligman Minnesota Municipal Fund (11/27/09)

   SL-9902-99 A

Seligman National Municipal Fund (11/27/09)

   SL-9902-99 A

Seligman New York Municipal Fund (11/27/09)

   SL-9902-99 A

Threadneedle Global Equity Income Fund (12/30/09)

   S-6525-99 AH

Threadneedle International Opportunity Fund (12/30/09)

   S-6140-99 AH

(each, an “Acquired Fund”)

In August 2010, the Board of Directors/Trustees of each Acquired Fund approved a proposal to merge the Acquired Fund with and into the corresponding acquiring fund listed in the table below (each, an “Acquiring Fund”). Each merger is expected to be a tax-free reorganization for U.S. federal income tax purposes. More information about each Acquiring Fund and the definitive terms of each of the proposed mergers will be included in proxy materials.

Each of the mergers identified in the table below is subject to certain conditions, including final approval by the Board of the Acquired Fund and the Acquiring Fund of the definitive terms of each proposed merger and approval by shareholders of the Acquired Fund. It is currently anticipated that proxy materials regarding the mergers will be distributed to shareholders of the Acquired Funds later this year or in early 2011, and that meetings of shareholders to consider the mergers will be held in the first half of 2011.

 

Acquired Fund

 

Acquiring Fund (future name in italics)

RiverSource Balanced Fund

  Columbia Balanced Fund

RiverSource California Tax-Exempt Fund

  Columbia California Tax-Exempt Fund

RiverSource Disciplined International Equity Fund

  Columbia Multi-Advisor International Equity Fund

RiverSource Disciplined Small and Mid Cap Equity Fund

  Columbia Mid Cap Value Fund

RiverSource Disciplined Small Cap Value Fund

  Columbia Small Cap Value Fund I

RiverSource Intermediate Tax-Exempt Fund

  Columbia Intermediate Municipal Bond Fund

RiverSource LaSalle Global Real Estate Fund

  Columbia Real Estate Equity Fund

RiverSource LaSalle Monthly Dividend Real Estate Fund

  Columbia Real Estate Equity Fund

RiverSource New York Tax-Exempt Fund

  Columbia New York Tax-Exempt Fund

RiverSource Partners Fundamental Value Fund

  Columbia Contrarian Core Fund

RiverSource Precious Metals and Mining Fund

  Columbia Energy and Natural Resources Fund

RiverSource Real Estate Fund

  Columbia Real Estate Equity Fund

RiverSource S&P 500 Index Fund

  Columbia Large Cap Index Fund

RiverSource Short Duration U.S. Government Fund

  Columbia Short Term Bond Fund

RiverSource Small Company Index Fund

  Columbia Small Cap Index Fund

RiverSource Strategic Income Allocation Fund

  Columbia Strategic Income Fund

RiverSource Tax-Exempt High Income Fund

  Columbia Tax-Exempt Fund

Seligman California Municipal High-Yield Fund

  Columbia California Tax-Exempt Fund

Seligman California Municipal Quality Fund

  Columbia California Tax-Exempt Fund

Seligman Capital Fund

  Columbia Mid Cap Growth Fund

Seligman Growth Fund

  Columbia Large Cap Growth Fund

Seligman Minnesota Municipal Fund

 

RiverSource Minnesota Tax-Exempt Fund

(Columbia Minnesota Tax-Exempt Fund)

Seligman National Municipal Fund

  Columbia Tax-Exempt Fund

Seligman New York Municipal Fund

  Columbia New York Tax-Exempt Fund

Threadneedle Global Equity Income Fund

 

Threadneedle Global Equity Fund

(Columbia Global Equity Fund)

Threadneedle International Opportunity Fund

  Columbia Multi-Advisor International Equity Fund

The foregoing is not an offer to sell, nor a solicitation of an offer to buy, shares of any Acquiring Fund, nor is it a solicitation of any proxy. For information regarding an Acquiring Fund, or to receive a free copy of a prospectus/proxy statement relating to a proposed merger once a registration statement relating to the proposed merger has been filed with the Securities and

 

2


Exchange Commission (“SEC”) and becomes effective, please call the proxy solicitor or visit its website. The telephone number and website for the proxy solicitor may be obtained, when available, by visiting www.columbiamanagement.com. The prospectus/proxy statement (when available) will contain important information about fund objectives, strategies, fees, expenses and risk considerations. The prospectus/proxy statement will also be available for free on the SEC’s website (www.sec.gov). Please read the prospectus/proxy statement carefully before making any decision to invest or to approve a merger.

Shareholders should retain this Supplement for future reference.

S-6400-13 A (8/10)

 

3