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Trending ETFs

Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$26.88

$601 M

3.83%

$1.03

0.27%

Vitals

YTD Return

0.4%

1 yr return

5.3%

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

$26.9
$25.34
$27.22

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 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$26.88

$601 M

3.83%

$1.03

0.27%

CGMU - Profile

Distributions

  • YTD Total Return 0.4%
  • 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
DIVIDENDS
  • Dividend Yield 3.8%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Capital Group Municipal Income ETF
  • Fund Family Name
    Capital Group Fund Group
  • Inception Date
    Oct 25, 2022
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

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.

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CGMU - Performance

Return Ranking - Trailing

Period CGMU Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% N/A N/A N/A
1 Yr 5.3% 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 0.4% N/A N/A N/A
1 Yr 5.3% 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

  1. LOUISIANA ST PUBLIC FACS AUTH REVENUE 1.45%
  2. TRIBOROUGH NY BRIDGE TUNNEL AUTH REVENUES 0.97%
  3. HARRIS CNTY TX INDL DEV CORP 0.87%
  4. MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE 0.54%
  5. NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE 0.48%
  6. NEW JERSEY ST HSG MTGE FIN AGY REVENUE 0.47%
  7. ALAMO TX CMNTY CLG DIST 0.44%
  8. KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE 0.43%
  9. NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE 0.43%
  10. 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 3.83% 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

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CGMU - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A