Capital Group Short Duration Municipal Income ETF (CGSM)
CGSM is an actively managed ETF by Capital Group. CGSM launched on Sep 26, 2023 and has a 0.25% expense ratio.
ETF Info
| Issuer | Capital Group |
|---|---|
| Inception Date | Sep 26, 2023 |
| Category | Municipal Bonds |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
CGSM has an expense ratio of 0.25%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Popular comparisons: CGSM vs. CGSD, CGSM vs. FBNDX, CGSM vs. FFRHX, CGSM vs. MMTRX, CGSM vs. VCRB, CGSM vs. VYM
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Capital Group Short Duration 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.67% | 18.10% |
| 1 month | 0.65% | 1.42% |
| 6 months | 3.40% | 9.39% |
| 1 year | N/A | 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 CGSM, 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 | -0.15% | 0.21% | 0.22% | 0.01% | -0.03% | 1.07% | 1.17% | 0.82% | 3.67% | ||||
| 2023 | -0.06% | 0.05% | 2.53% | 1.48% | 4.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Capital Group Short Duration Municipal Income ETF (CGSM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Capital Group Short Duration Municipal Income ETF granted a 2.80% dividend yield in the last twelve months. The annual payout for that period amounted to $0.74 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $0.74 | $0.22 |
Dividend yield | 2.80% | 0.84% |
Monthly Dividends
The table displays the monthly dividend distributions for Capital Group Short Duration 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 | $0.07 | $0.08 | $0.08 | $0.08 | $0.07 | $0.03 | $0.06 | $0.00 | $0.52 | |||
| 2023 | $0.06 | $0.06 | $0.10 | $0.22 |
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 Short Duration 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 Short Duration Municipal Income ETF was 0.79%, occurring on Jan 23, 2024. Recovery took 7 trading sessions.
The current Capital Group Short Duration Municipal Income ETF drawdown is 0.06%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.79% | Jan 4, 2024 | 13 | Jan 23, 2024 | 7 | Feb 1, 2024 | 20 |
| -0.74% | May 17, 2024 | 9 | May 30, 2024 | 10 | Jun 13, 2024 | 19 |
| -0.7% | Feb 2, 2024 | 8 | Feb 13, 2024 | 12 | Mar 1, 2024 | 20 |
| -0.46% | Mar 25, 2024 | 12 | Apr 10, 2024 | 19 | May 7, 2024 | 31 |
| -0.44% | Oct 16, 2023 | 6 | Oct 23, 2023 | 8 | Nov 2, 2023 | 14 |
Volatility
Volatility Chart
The current Capital Group Short Duration Municipal Income ETF volatility is 0.35%, 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.