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Capital Group Short Duration Municipal Income ETF (CGSM): ETF

ETF traded on ARCX under symbol CGSM. Quoted in usd.

Capital Group Short Duration Municipal Income ETF logo

Capital Group Short Duration Municipal Income ETF

+0.15%$26.21
ARCX:CGSMFixed Income
AUM $1.73B·YTD --·Yield --
Capital Group Short Duration Municipal Income ETF logoARCX:CGSM$26.21+0.15%
About CGSM

The Capital Group Short Duration Municipal Income ETF (CGSM) aims to generate current income that is exempt from regular federal income tax. It achieves this while maintaining a short-duration investment profile and prioritizing the preservation of capital. The fund distinguishes itself by allocating at least 80% of its assets to bonds and other debt instruments, encompassing various municipal bonds. These municipal obligations are notable for providing interest income that is generally exempt from federal income tax, with their payments funded by a wide array of sources, from government revenues to private enterprises. The fund's average portfolio duration is carefully managed to stay within one year of the average duration of the Bloomberg Municipal Short 1-5 Years Index. In line with its primary goal, the fund typically invests at least 80% of its holdings in, or generates at least 80% of its income from, securities that are exempt from regular federal income tax. However, it may allocate up to 20% of its assets to 'private activity bonds,' which fund private, for-profit organizations and whose interest income may be subject to the federal alternative minimum tax (AMT).

Largest holdings

  1. NEW YORK ST THRUWAY AUTH PERSO NYSTRN 09/28 FIXED 51.02%
  2. SOUTH CAROLINA ST JOBS ECON DE SCSMED 05/48 ADJUSTABLE VAR0.91%
  3. TRIBOROUGH NY BRIDGE TUNNEL TRBTRN 02/28 FIXED 50.76%
  4. MISSISSIPPI BUSINESS FIN CORP MSSTRN 06/43 ADJUSTABLE VAR0.75%
  5. SOUTHEAST ENERGY AUTH AL COMMO SEEPWR 12/51 ADJUSTABLE VAR0.73%
  6. NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/50 ADJUSTABLE VAR0.63%
  7. SOUTHEAST ENERGY AUTHORITY A C SEEPWR 10/30 FIXED 50.58%
  8. KANSAS ST DEV FIN AUTH MF HSG KSSMFH 07/29 ADJUSTABLE VAR0.56%
  9. PUERTO RICO CMWLTH PRC 11/43 ADJUSTABLE VAR0.55%
  10. NEW YORK NY NYC 02/56 ADJUSTABLE VAR0.54%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
Compared against
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Total Invested
$70,000
Final Portfolio
$111,860
Total Return
+$41,860
(+59.8%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$1.73B
NAV$26.13
Premium/Discount+0.31%
Expense Ratio0.25%
Market Cap--
Shares Outstanding--
Inception DateSep. 26, 2023
Fund Details
IssuerCapital Group
Asset ClassFixed Income
Beta--
SectorFinancial Services
DomicileUS
52-Week Range
$25.59$26.68
Current: $26.21
Volume
Volume530.77K
Avg Volume385.31K
Vol/Avg1.38x

30d

550.02K

60d

535.65K

90d

439.34K

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