Capital Group Municipal High-Income ETFCapital Group Municipal High-Income ETFCapital Group Municipal High-Income ETF

Capital Group Municipal High-Income ETF

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Key stats


Assets under management (AUM)
‪103.27 M‬USD
Fund flows (1Y)
‪83.56 M‬USD
Dividend yield (indicated)
3.55%
Discount/Premium to NAV
0.3%
Shares outstanding
‪4.10 M‬
Expense ratio
0.34%

About Capital Group Municipal High-Income ETF


Issuer
The Capital Group Cos., Inc.
Brand
Capital Group
Inception date
Jun 25, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
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.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of January 17, 2025
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal102.91%
Cash−2.91%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows