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Columbia Funds Series Trust II

08/13/2024 | Press release | Distributed by Public on 08/13/2024 09:32

Prospectus by Investment Company - Form 497

497
Supplement dated August 13, 2024
to the Statement of Additional Information (SAI), as supplemented, dated January 1, 2024, for the following funds:
Fund
Columbia Funds Series Trust II
 Columbia Integrated Large Cap Growth Fund
 Columbia Integrated Large Cap Value Fund
 Columbia Integrated Small Cap Growth Fund
 Columbia Pyrford International Stock Fund
 Columbia Ultra Short Duration Municipal Bond Fund
Effective immediately, the information under the subsection "The Investment Manager and Subadvisers - Portfolio Managers" in the "Investment Management and Other Services" section of the SAI with respect to Ultra Short Duration Municipal Bond Fund is hereby superseded and replaced with the following:
Other Accounts Managed (excluding the Fund)
Ownership
of Fund
Shares
Potential
Conflicts
of Interest
Structure
of
Compensation
Fund
Portfolio Manager
Number
and Type
of Account*
Approximate
Total Net
Assets
Performance-
Based
Accounts**
For Funds with fiscal year ending August 31 - Information is as of August 31, 2023, unless otherwise noted
Ultra Short Duration Municipal
Bond Fund
Paul Fox(e)
5 RICs
9 other accounts
$2.34 billion
$17.05 million
None
None
Columbia
Management
Columbia
Management
Douglas Rangel
8 RICs
5 other accounts
$3.33 billion
$69.44 million
None
None
Catherine Stienstra(f)
8 RICs
3 other accounts
$6.14 billion
$1.86 million
None
None
*
RIC refers to a Registered Investment Company; PIV refers to a Pooled Investment Vehicle.
**
Number of accounts for which the advisory fee paid is based in part or wholly on performance and the aggregate net assets in those accounts.
(e)
The portfolio manager began managing the Fund after its last fiscal year end; reporting information is provided as of June 30, 2024.
(f)
Ms. Stienstra is expected to retire in mid-2025 and, as of such date, she will cease to serve as portfolio manager of the Fund.
The rest of the section remains the same.
Effective immediately, the information under the subsection "Distribution and/or Servicing Plans" in the "Investment Management and Other Services" section of the SAI is hereby superseded and replaced with the following:
Distribution Fee
Service Fee
Combined Total
Class A
up to 0.25%
0.25%
up to 0.35%(a)(b)
Class Adv
None
None
None
Class C
0.75%
0.25%
1.00%
Class Inst
None
None
None
Class Inst2
None
None
None
Class Inst3
None
None
None
Class R
up to 0.50%
up to 0.25%
0.50%(c)
(a)
The maximum distribution and service fees for Class A shares varies among the Funds, as shown in the table below:
Funds
Maximum
Class A
Distribution Fee
Maximum
Class A
Service Fee
Maximum
Class A
Combined Total
Series of CFST II
-
-
0.25%; these Funds
pay a
combined
distribution and
service fee
SUP965_10_004_(08/24)
Funds
Maximum
Class A
Distribution Fee
Maximum
Class A
Service Fee
Maximum
Class A
Combined Total
Ultra Short Duration Municipal Bond Fund
up to 0.15%
up to 0.15%
0.15%
(b)
Fee amounts noted apply to all Funds other than Ultra Short Duration Municipal Bond Fund, which, for Class A shares, pays distribution and service fees of 0.15%. The payment of the distribution and/or service fees payable by Integrated Large Cap Growth Fund, Integrated Small Cap Growth Fund and Ultra Short Duration Municipal Bond Fund under their Plan of Distribution has been suspended at a certain rate, and each Fund pays a reduced fee at the rate of 0.19% (effective March 1, 2024), 0.22% (effective March 1, 2024) and 0.12% (effective June 1, 2024), respectively.
(c)
Series of CFST II have a distribution and shareholder service plan for Class R shares. For Class R shares of series of CFST II, the maximum fee under the plan reimbursed for distribution expenses is equal on an annual basis to 0.50% of the average daily net assets of the Fund attributable to Class R shares. Of that amount, up to 0.25% may be reimbursed for shareholder service expenses.
The rest of the section remains the same.
Shareholders should retain this Supplement for future reference.
2
SUP965_10_004_(08/24)