Director and Senior Portfolio Manager of the Columbia Management Investment Advisers LLC associated with the Columbia Management Investment Advisers LLC as an investment professional since 2007. Sector Leader of the Advisers Municipal Bond Team from 2007 to 2010. Prior to 2007 Ms. Stienstra was employed by FAF Advisors Inc. from 1998 to 2007 where she was a Director and Senior Portfolio Manager. Ms. Stienstra began her investment career in 1988 and earned a B.A. from the University of Nebraska.
Under normal market conditions, the fund will invest at least 80% of its net assets in bonds and other debt obligations issued by or on behalf of state or local governmental units whose interest is exempt from federal income tax. It may invest up to 20% of its net assets in securities the income on which is subject to federal income tax and may invest without limit in securities the income on which is subject to the federal alternative minimum tax .The fund is listed under Muni National Long category and is part of Columbia family.
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