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
| ISIN | US14020Y2019 |
|---|---|
| Issuer | Capital Group |
| Inception Date | Oct 25, 2022 |
| Category | Municipal Bonds |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
CGMU has an expense ratio of 0.27%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: CGMU vs. BND, CGMU vs. MUB, CGMU vs. VCRB, CGMU vs. FBNDX, CGMU vs. FFRHX, CGMU vs. MMTRX, CGMU vs. VYM
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 3.54% year-to-date (YTD) and 8.53% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.54% | 18.10% |
| 1 month | 1.07% | 1.42% |
| 6 months | 3.13% | 9.39% |
| 1 year | 8.53% | 26.58% |
| 5 years (annualized) | N/A | 13.42% |
| 10 years (annualized) | N/A | 10.88% |
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% | -1.02% | 0.10% | 1.18% | 1.36% | 0.52% | 3.54% | ||||
| 2023 | 2.74% | -1.89% | 1.82% | 0.06% | -0.90% | 0.82% | 0.27% | -0.75% | -1.67% | -1.11% | 4.98% | 2.40% | 6.76% |
| 2022 | -0.11% | 4.60% | 0.04% | 4.53% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CGMU is 87, placing it in the top 13% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined 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 granted a 3.11% dividend yield in the last twelve months. The annual payout for that period amounted to $0.86 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $0.86 | $0.84 | $0.13 |
Dividend yield | 3.11% | 3.08% | 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 | $0.06 | $0.05 | $0.07 | $0.00 | $0.55 | |||
| 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 4.11%, occurring on Oct 31, 2023. Recovery took 19 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.11% | 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 |
| -1.22% | May 16, 2024 | 9 | May 29, 2024 | 10 | Jun 12, 2024 | 19 |
| -1.21% | Mar 11, 2024 | 33 | Apr 25, 2024 | 14 | May 15, 2024 | 47 |
| -1.06% | Dec 16, 2022 | 7 | Dec 27, 2022 | 8 | Jan 9, 2023 | 15 |
Volatility
Volatility Chart
The current Capital Group Municipal Income ETF volatility is 0.77%, 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.