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CGMU - Capital Group Municipal Income ETF

Expense Ratio: 0.27%

CGMU ETF Stock Chart

CGMU Profile

Capital Group Municipal Income ETF logo

CGMU (Capital Group Municipal Income 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 tax-exempt municipal bonds issued by U.S. state and local governments.

As a municipal bond ETF, CGMU invests primarily in a diversified portfolio of investment-grade tax-exempt municipal bonds issued by U.S. state and local governments. The ETF aims to provide investors with a stable source of tax-free income and the potential for capital appreciation.

As of September 2021, the CGMU ETF had total net assets of around $30 million and was invested in a diversified portfolio of tax-exempt municipal bonds issued by U.S. state and local governments. The fund's holdings are managed by the investment professionals at Capital Research and Management Company, who have extensive experience in managing fixed income portfolios.

In terms of performance, CGMU has delivered relatively stable returns over the long term, with a focus on generating income through the coupon payments from municipal bonds. The ETF's focus on tax-exempt municipal bonds issued by U.S. state and local governments means that it can provide investors with a relatively high level of tax-free income.

Investors should keep in mind that like all investments, CGMU carries risks, including the risk that interest rates may rise, which can result in a decline in the value of the ETF's holdings. Additionally, the ETF charges a relatively low expense ratio of 0.36%, which is in line with the average expense ratio for municipal bond ETFs. Investors should carefully consider their investment objectives and risk tolerance before investing in CGMU or any other municipal bond-f


 

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