Key stats
About Capital Group Municipal High-Income ETF
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Inception date
Jun 25, 2024
Structure
Open-Ended Fund
Replication method
Physical
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.
CGHM provides exposure to federal tax-exempt securities while aiming for a high level of current income. It will primarily invest in state, municipal, and public authority bonds and notes with intermediate- to long-term maturities. The fund targets higher yielding and lower rated securities by allocating at least 60% of its portfolio to lower-medium investment grades or bonds rated BBB+/Baa1 or below. It has a strong focus on risk management with its assets actively managed by a team of portfolio managers.
Related funds
Classification
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal96.64%
Securitized3.32%
Cash0.03%
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.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CGHM trades at 24.62 USD today, its price has risen 0.08% in the past 24 hours. Track more dynamics on CGHM price chart.
CGHM net asset value is 24.54 today — it's risen 1.12% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CGHM assets under management is 2.11 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CGHM price has risen by 0.74% over the last month, and its yearly performance shows a −3.90% decrease. See more dynamics on CGHM price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.83% increase in three-month performance and has decreased by −2.32% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.83% increase in three-month performance and has decreased by −2.32% in a year.
CGHM fund flows account for 2.05 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CGHM invests in bonds. See more details in our Analysis section.
CGHM expense ratio is 0.34%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CGHM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CGHM technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CGHM shows the neutral signal. See more of CGHM technicals for a more comprehensive analysis.
Today, CGHM technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CGHM shows the neutral signal. See more of CGHM technicals for a more comprehensive analysis.
Yes, CGHM pays dividends to its holders with the dividend yield of 3.56%.
CGHM trades at a premium (0.31%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CGHM shares are issued by The Capital Group Cos., Inc.
CGHM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 25, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.