Capital Group Municipal Income ETF
Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.5%
1 yr return
3.7%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$601 M
Holdings in Top 10
6.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.27%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
CGMU - Profile
Distributions
- YTD Total Return -0.5%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 3.8%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameCapital Group Municipal Income ETF
-
Fund Family NameCapital Group Fund Group
-
Inception DateOct 25, 2022
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
In seeking to achieve its objective, the fund may accept risks to capital value deemed prudent by the fund's investment adviser to take advantage of opportunities for higher current income on municipal bonds. Municipal bonds are debt obligations that pay interest that is exempt from federal income taxation, with payments made from a wide variety of sources, including governmental revenue streams and private enterprises.
The fund invests primarily in bonds and other debt instruments. The fund will normally invest at least 80% of its assets in, or derive at least 80% of its income from, securities that are exempt from regular federal income tax. The fund will invest up to 30% of its assets in securities that may subject you to federal alternative minimum tax. The fund invests at least 65% in debt securities rated BBB- or better or Baa3 or better by Nationally Recognized Statistical Rating Organizations designated by the fund’s investment adviser, or unrated but determined by the fund’s investment adviser to be of equivalent quality. The fund may also invest in debt securities rated BB+ or below and Ba1 or below by Nationally Recognized Statistical Rating Organizations designated by the fund’s investment adviser, or unrated but determined by the fund’s investment adviser to be of equivalent quality. Securities rated BB+ or below and Ba1 or below are sometimes referred to as “junk bonds.” The fund may invest in debt securities of any maturity or duration.
The fund is nondiversified, which means it may invest a greater portion of its assets in fewer issuers than would otherwise be the case.
The fund’s assets are managed by a team of portfolio managers. Under this approach, the fund’s managers work together to oversee the fund’s entire portfolio. For more information regarding the investment process of the fund, see the “Management and organization” section of this prospectus.
The fund relies on the professional judgment of its investment adviser to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.
CGMU - Performance
Return Ranking - Trailing
Period | CGMU Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.5% | N/A | N/A | N/A |
1 Yr | 3.7% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | CGMU Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.4% | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | CGMU Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.5% | N/A | N/A | N/A |
1 Yr | 3.7% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | CGMU Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.8% | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
CGMU - Holdings
Concentration Analysis
CGMU | Category Low | Category High | CGMU % Rank | |
---|---|---|---|---|
Net Assets | 601 M | N/A | N/A | N/A |
Number of Holdings | 605 | N/A | N/A | N/A |
Net Assets in Top 10 | 33.7 M | N/A | N/A | N/A |
Weighting of Top 10 | 6.51% | N/A | N/A | N/A |
Top 10 Holdings
- LOUISIANA ST PUBLIC FACS AUTH REVENUE 1.45%
- TRIBOROUGH NY BRIDGE TUNNEL AUTH REVENUES 0.97%
- HARRIS CNTY TX INDL DEV CORP 0.87%
- MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE 0.54%
- NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE 0.48%
- NEW JERSEY ST HSG MTGE FIN AGY REVENUE 0.47%
- ALAMO TX CMNTY CLG DIST 0.44%
- KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE 0.43%
- NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE 0.43%
- ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE 0.43%
Asset Allocation
Weighting | Return Low | Return High | CGMU % Rank | |
---|---|---|---|---|
Bonds | 99.77% | N/A | N/A | N/A |
Cash | 0.24% | N/A | N/A | N/A |
Stocks | 0.00% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Other | -0.01% | N/A | N/A | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | CGMU % Rank | |
---|---|---|---|---|
Cash & Equivalents | 0.09% | N/A | N/A | N/A |
Securitized | 0.00% | N/A | N/A | N/A |
Corporate | 0.00% | N/A | N/A | N/A |
Municipal | 0.00% | N/A | N/A | N/A |
Government | 0.00% | N/A | N/A | N/A |
Derivative | -0.01% | N/A | N/A | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | CGMU % Rank | |
---|---|---|---|---|
US | 99.77% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
CGMU - Expenses
Operational Fees
CGMU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.27% | N/A | N/A | N/A |
Management Fee | 0.27% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
CGMU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
CGMU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
CGMU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
CGMU - Distributions
Dividend Yield Analysis
CGMU | Category Low | Category High | CGMU % Rank | |
---|---|---|---|---|
Dividend Yield | 3.84% | N/A | N/A | N/A |
Dividend Distribution Analysis
CGMU | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None |
Net Income Ratio Analysis
CGMU | Category Low | Category High | CGMU % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
CGMU | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
May 02, 2024 | $0.086 | OrdinaryDividend |
Apr 01, 2024 | $0.071 | OrdinaryDividend |
Mar 04, 2024 | $0.083 | OrdinaryDividend |
Feb 02, 2024 | $0.056 | OrdinaryDividend |
Jan 02, 2024 | $0.097 | OrdinaryDividend |
Dec 04, 2023 | $0.063 | OrdinaryDividend |
Nov 02, 2023 | $0.075 | OrdinaryDividend |
Oct 03, 2023 | $0.068 | OrdinaryDividend |
Sep 05, 2023 | $0.077 | OrdinaryDividend |
Aug 02, 2023 | $0.068 | OrdinaryDividend |
Jul 05, 2023 | $0.066 | OrdinaryDividend |
Jun 02, 2023 | $0.070 | OrdinaryDividend |
May 02, 2023 | $0.062 | OrdinaryDividend |
Apr 04, 2023 | $0.084 | OrdinaryDividend |
Mar 02, 2023 | $0.058 | OrdinaryDividend |
Feb 02, 2023 | $0.049 | OrdinaryDividend |
Jan 03, 2023 | $0.081 | OrdinaryDividend |
Dec 02, 2022 | $0.048 | OrdinaryDividend |