Key stats
About Capital Group Municipal Income ETF
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Inception date
Oct 25, 2022
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Capital Research & Management Co.
Distributor
Capital Client Group, Inc.
CGMU seeks high current income exempt from regular federal income tax, by holding a broad portfolio of US muni bonds. Up to 30% of the funds assets may be subjected to the federal alternative minimum tax. Although the fund is predominantly investment grade, holding at least 65% in debt securities rated at least BBB- or Baa3, it may also invest in junk bonds. The fund may invest in bonds of any maturity or duration. CGMU is managed by a team of portfolio managers that aims to select attractively priced securities believed to be good investment opportunities. The ETF combines the strategies pursued by two related mutual funds offered by the Issuer, thus providing a more efficient, one-ticket approach. The fund managers may engage in active and frequent trading and have full discretion to buy, hold, or sell securities at any time. In its attempt to achieve the objective of higher current income on muni bonds, the fund may accept risks to capital value.
Classification
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal97.63%
Securitized1.60%
Cash0.77%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.