Capital Group U.S. Multi-Sector Income ETF (CGMS)

CGMS (Capital Group U.S. Multi-Sector ETF) is an exchange-traded fund (ETF) managed by Capital Research and Management Company. The ETF seeks to provide investors with exposure to a diversified portfolio of fixed income securities in the U.S.

As a multi-sector fixed income ETF, CGMS invests primarily in a diversified portfolio of investment-grade fixed income securities issued by U.S. government entities, corporations, and other entities. The ETF aims to provide investors with a stable source of income and the potential for capital appreciation by investing across different sectors of the fixed income market.

In terms of performance, CGMS has delivered relatively stable returns over the long term, with a focus on generating income through the coupon payments from fixed income securities. The ETF's multi-sector approach means that it is diversified across different sectors of the fixed income market, which can help reduce the overall risk of the portfolio.