Capital Group Municipal Income ETF (CGMU)
CGMU is an actively managed ETF by Capital Group. CGMU launched on Oct 25, 2022 and has a 0.27% expense ratio.
ETF Info
US14020Y2019
Oct 25, 2022
1x
No Index (Active)
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Capital Group Municipal Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Capital Group Municipal Income ETF had a return of 2.91% year-to-date (YTD) and 6.84% in the last 12 months.
CGMU
2.91%
-0.42%
2.54%
6.84%
N/A
N/A
^GSPC (Benchmark)
23.08%
0.10%
10.70%
30.05%
13.52%
11.11%
Monthly Returns
The table below presents the monthly returns of CGMU, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.17% | 0.05% | 0.30% | -1.01% | 0.10% | 1.18% | 1.36% | 0.52% | 1.05% | -1.30% | 2.91% | ||
| 2023 | 2.75% | -1.89% | 1.82% | 0.06% | -0.90% | 0.82% | 0.28% | -0.75% | -1.67% | -1.11% | 4.98% | 2.40% | 6.77% |
| 2022 | -0.11% | 4.60% | 0.04% | 4.53% |
Expense Ratio
CGMU has an expense ratio of 0.27%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CGMU is 73, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Capital Group Municipal Income ETF (CGMU) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Capital Group Municipal Income ETF provided a 3.19% dividend yield over the last twelve months, with an annual payout of $0.86 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $0.86 | $0.84 | $0.13 |
Dividend yield | 3.19% | 3.09% | 0.49% |
Monthly Dividends
The table displays the monthly dividend distributions for Capital Group Municipal Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.06 | $0.08 | $0.07 | $0.09 | $0.08 | $0.07 | $0.05 | $0.07 | $0.07 | $0.08 | $0.00 | $0.70 | |
| 2023 | $0.05 | $0.06 | $0.08 | $0.06 | $0.07 | $0.07 | $0.07 | $0.08 | $0.07 | $0.08 | $0.06 | $0.10 | $0.84 |
| 2022 | $0.05 | $0.08 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Capital Group Municipal Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Capital Group Municipal Income ETF was 4.10%, occurring on Oct 31, 2023. Recovery took 19 trading sessions.
The current Capital Group Municipal Income ETF drawdown is 1.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.1% | Apr 13, 2023 | 140 | Oct 31, 2023 | 19 | Nov 28, 2023 | 159 |
| -2.6% | Feb 3, 2023 | 15 | Feb 24, 2023 | 29 | Apr 6, 2023 | 44 |
| -2.46% | Oct 3, 2024 | 25 | Nov 6, 2024 | — | — | — |
| -1.22% | May 16, 2024 | 9 | May 29, 2024 | 10 | Jun 12, 2024 | 19 |
| -1.22% | Mar 11, 2024 | 22 | Apr 10, 2024 | 25 | May 15, 2024 | 47 |
Volatility
Volatility Chart
The current Capital Group Municipal Income ETF volatility is 1.96%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.