Columbia to Convert Large-Cap Growth Mutual Fund Into ETF

Columbia has approved a reorganization that will merge Columbia Integrated Large Cap Growth Fund II into the Columbia Large Cap Growth ETF in the fourth quarter of 2026. Shareholders will receive ETF shares of equivalent value, with cash paid in lieu of fractional shares. The move continues the industry trend of converting mutual fund assets into ETF structures. Investors holding fund shares outside brokerage accounts capable of holding ETFs may have their positions liquidated, potentially triggering taxable consequences.