Summary
CGSM Chart
Capital Group Short Duration Municipal Income ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 188,695 | $4.96M | $4.98M | $17,544.36 | 0.35% |
| TM Tom McDonald Richards, MERRILL & PETERSON Inc. | 20,800 | $541,464.27 | $548,496 | $7,031.73 | 1.3% |
| BS Barrett Schultz Ashton Thomas Securities LLC | 3,838 | $100,866 | $101,246.06 | $380.06 | 0.38% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 21,153 | $550,760.13 | $557,804.61 | $7,044.48 | 1.28% |
 Landaas & Company Landaas & Co | 21,779 | $573,658.86 | $574,421.12 | $762.26 | 0.13% |
Capital Group Short Duration Municipal Income ETF (CGSM) FAQ
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Does it pay dividends? What is the current yield?
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Has Capital Group Short Duration Municipal Income ETF ever had a stock split?
Capital Group Short Duration Municipal Income ETF Profile
| ARCA Exchange | US Country |
Overview
The fund described is primarily focused on investing in tax-exempt securities, specifically municipal bonds. Municipal bonds are debt obligations used to fund public projects, such as infrastructure, schools, and hospitals, and offer interest payments that are not subject to federal income tax. The appeal of these securities mainly lies in their tax-exempt status, making them an attractive investment for individuals in higher tax brackets seeking to reduce their taxable income. The fund commits to directing at least 80% of its assets or deriving the same percentage of its income from these tax-exempt securities. It's important to note that this fund is non-diversified, suggesting that it may invest a larger portion of its assets in fewer issuers, potentially increasing risk.
Products and Services
- Municipal Bonds
Municipal bonds are the core investment vehicle of the fund. These are debt securities issued by local governments or their agencies, which are intended to finance public projects and services. The interest income generated from these bonds is exempt from federal income tax, making them a favored option for tax-averse investors. By investing in municipal bonds, the fund aims to provide its investors with a steady stream of tax-free income, leveraging revenue from a variety of sources such as taxes, tolls, and fees collected by municipalities.
