Filing by Columbia Funds Series Trust II 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: Columbia Funds Series Trust (SEC File No. 811-09645)
Columbia Funds Series Trust I (SEC File No. 811-04367)
Columbia Funds Series Trust II (SEC File No. 811-21852) |
Prospectus Supplement – September 13, 2012 to the Prospectus(es), as supplemented, of each of the following funds: | ||
| Fund | Prospectus(es) Dated | |
| Columbia Connecticut Tax-Exempt Fund | 3/1/2012 | |
| Columbia Diversified Bond Fund | 10/28/2011 | |
| Columbia Emerging Markets Opportunity Fund | 3/1/2012 | |
| Columbia Frontier Fund | 3/1/2012 | |
| Columbia Government Money Market Fund | 4/1/2012 | |
| Columbia High Yield Opportunity Fund | 10/1/2011 | |
| Columbia Large Cap Value Fund | 7/1/2012 | |
| Columbia LifeGoal® Income Portfolio | 6/1/2012 | |
| Columbia Massachusetts Tax-Exempt Fund | 3/1/2012 | |
| Columbia Mid Cap Growth Opportunity Fund | 4/1/2012 | |
| Columbia Multi-Advisor International Value Fund | 3/1/2012 | |
| Columbia Portfolio Builder Moderate Aggressive Fund | 6/1/2012 | |
| Columbia Portfolio Builder Moderate Conservative Fund | 6/1/2012 | |
| Columbia Select Small Cap Fund | 8/1/2012 | |
| Columbia Small Cap Growth Fund II | 7/1/2012 | |
| Columbia Variable Portfolio - High Income Fund | 5/1/2012 | |
| Columbia Variable Portfolio - Mid Cap Growth Fund | 5/1/2012 | |
| Columbia Variable Portfolio - Money Market Fund | 5/1/2012 | |
(each, an Acquired Fund)
In August/September 2012, the Board of 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, except for the merger of Columbia Variable Portfolio - Mid Cap Growth Fund with and into Columbia Variable Portfolio - Mid Cap Growth Opportunity Fund, is expected to be a tax-free reorganization for U.S. federal income tax purposes. The merger of Columbia Variable Portfolio - Mid Cap Growth Fund with and into Columbia Variable Portfolio - Mid Cap Growth Opportunity Fund is expected to be treated for U.S. federal income tax purposes as a contribution of assets by the Acquired Fund in exchange for partnership units of the Acquiring Fund, followed by a liquidation of the Acquired Fund. 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 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, and to owners of the variable annuity contracts or variable life insurance policies, as applicable, that are shareholders of the Acquired Funds, later this year or in early 2013, and that meetings of shareholders to consider the mergers will be held in the first half of 2013.
Acquired Fund |
Acquiring Fund | |
| Columbia Connecticut Tax-Exempt Fund | Columbia Tax-Exempt Fund | |
| Columbia Diversified Bond Fund | Columbia Intermediate Bond Fund | |
| Columbia Emerging Markets Opportunity Fund | Columbia Emerging Markets Fund | |
| Columbia Frontier Fund | Columbia Small Cap Growth Fund I | |
| Columbia Government Money Market Fund | Columbia Money Market Fund | |
| Columbia High Yield Opportunity Fund | Columbia High Yield Bond Fund | |
| Columbia Large Cap Value Fund | Columbia Equity Value Fund | |
| Columbia LifeGoal® Income Portfolio | Columbia Portfolio Builder Conservative Fund | |
| Columbia Massachusetts Tax-Exempt Fund | Columbia Tax-Exempt Fund | |
| Columbia Mid Cap Growth Opportunity Fund | Columbia Mid Cap Growth Fund | |
| Columbia Multi-Advisor International Value Fund | Columbia Overseas Value Fund | |
| Columbia Portfolio Builder Moderate Aggressive Fund | Columbia LifeGoal® Balanced Growth Portfolio | |
| Columbia Portfolio Builder Moderate Conservative Fund | Columbia LifeGoal® Income and Growth Portfolio | |
| Columbia Select Small Cap Fund | Columbia Small Cap Growth Fund I | |
| Columbia Small Cap Growth Fund II | Columbia Small Cap Growth Fund I | |
| Columbia Variable Portfolio - High Income Fund | Columbia Variable Portfolio - Income Opportunities Fund | |
| Columbia Variable Portfolio - Mid Cap Growth Fund | Columbia Variable Portfolio - Mid Cap Growth Opportunity Fund | |
| Columbia Variable Portfolio - Money Market Fund | Columbia Variable Portfolio - Cash Management 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 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 when considering a merger proposal.
Shareholders should retain this Supplement for future reference.
S-6400-37 A (9/12)