Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
Capital Group International Bond ETF (USD-Hedged)
$25.01+0.01 (+0.04%)
- 0.45%
- $379M
- −0.1%
- 1.47%
- 0.1M sh
- $24.99
- low $24.83high $26.41
The ETF.net CGIB Grade
C
Score 43 out of 100
- 96 of 117
Score 43 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D26 out of 100Rank 83 of 117Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A74 out of 100Rank 11 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D38 out of 100Rank 83 of 117Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C51 out of 100Rank 68 of 116Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B57 out of 100Rank 57 of 117
Our read on CGIB
CCapital Group's active bond desk pointed overseas, with the currency layer hedged back to dollars. You get foreign bond selection without the euro and yen steering the outcome.
The fund seeks a high level of current income while preserving capital, primarily through investments in bonds and other debt securities.
Why people hold it
- USD-hedged by design, so results ride on the bonds the managers pick rather than which way the dollar moves that quarter.
- Actively managed, not an index clone: under normal conditions at least 40% of assets sit outside the US, easing to 30% when the adviser reads conditions as unfavorable.
- The mandate is plain: high current income while preserving capital, run through bonds and other debt securities across roughly 200 positions.
- Pays monthly, so the income lands on a twelve-times-a-year rhythm instead of quarterly.
Worth knowing
- 0.45% a year is above the typical core bond fund, and the index heavyweights it shares a shelf with (BND at 0.03%, BNDX at 0.07%) charge a sliver of that.
- Launched in 2024, so the track record is short next to the decades-old core bond funds in its peer group, and it currently sits in the lower reaches of that group on our review.
- Hedging cuts both ways: it damps currency swings, which also means a weakening dollar won't add the lift an unhedged foreign bond fund can pick up.
CGIB Holdings
- Bonds
- 396
- 35%
- China Government Bond Bonds 05/34 2.27
Geography
- Japan11.40%
- United States11.14%
- China10.76%
- France10.67%
- United Kingdom10.66%
- Italy6.47%
- Germany4.89%
- Brazil3.67%
- 30.36%
Developed 64% · Emerging 36%
CGIB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
CGIB$9,990
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CGIB |
|---|---|
| Year to date | −0.5% |
| 1 month | 0.0% |
| 3 months | −1.4% |
| 1 year | −0.1% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CGIB |
|---|---|---|
| 2026 YTD | −0.5% | |
| 2025 | +4.7% | |
| 2024 | +2.6% |
CGIB in the news
CGIB Dividends
- 1.47%
- $0.37
- $0.03 per share
- Monthly
Distribution history
CGIB Risk
- 3.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.39
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −2.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CGIB Cost
0.45%
CGIB0.45%
- The middle half of US Aggregate Bond funds
- Median 0.34%
79 of the 113 US Aggregate Bond funds charge less.
Other funds in US Aggregate Bond
- CNBTRNeuberger Berman ETF Trust - Neuberger Total Return Bond ETFExpense ratio 0.94%1 year return −1.3%
- CPIFIClearShares Piton Intermediate Fixed Income ETFExpense ratio 0.45%1 year return −0.8%
- CDMXDoubleLine Multi-Sector Income ETFExpense ratio 0.50%1 year return +3.4%
- CDYNBHartford Dynamic Bond ETFExpense ratio 0.70%1 year return −1.8%
- CFCBDThe Advisors' Inner Circle Fund II - Frontier Asset Core Bond ETFExpense ratio 0.84%1 year return −0.1%