Capital Group Municipal Income ETF
$26.23−0.21 (−0.79%)
- Expense ratio
- 0.27%
- Fund size
- $6.8B
- 1Y return
- +0.0%
- Yield · Last 12 months
- 3.47%
- Holdings
- 1541
- Volume · 30D
- 1.3M sh
- NAV per share
- $26.43
- 52W range
The ETF.net CGMU Grade
Score 71 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 60Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 82Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 59Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 78Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 88Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 76Category rank
Our read on CGMU
ACapital Group's answer to the muni index giants: an actively run book of roughly 1,500 bonds, benchmarked to a blend that is deliberately 15% high yield. Federally tax-exempt income, paid monthly, for 0.27% a year.
The fund seeks high current income exempt from regular federal income tax while preserving capital.
Why people hold it
- Active management, not index-tracking. Capital Group's bond desk picks the paper across roughly 1,500 positions rather than buying whatever the muni index prints.capitalgroup.com
- 0.27% a year, below the median muni bond ETF. Cheap for an active mandate, and cost matters double when the whole point is after-tax income.
- The benchmark blend, 85% high grade and 15% high yield in 1 to 17 year maturities, builds in an income tilt and stops short of the 30-year end of the curve.
- A multi-billion-dollar fund that trades actively and distributes monthly. Rare scale for an active muni ETF, and it shows up as easier entry and exit.
Worth knowing
- Index rivals VTEB and SCMB charge three basis points. You are paying a real premium here for active security selection.
- That 15% high-yield slice in the benchmark means credit risk a pure high-grade muni fund would not carry.
- The mandate targets income exempt from regular federal income tax. State and local treatment depends on where you live and what the fund holds.capitalgroup.com
CGMU Holdings
- Bonds
- 1,541
- 5%
- PUERTO RICO CMWLTH PRC 11/43 ADJUSTABLE VAR
Geography
- United States100.00%
CGMU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | CGMU |
|---|---|
| Year to date | −1.2% |
| 1 month | −2.1% |
| 3 months | −2.9% |
| 1 year | +0.0% |
| 3 years | +3.9% |
| 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 | CGMU |
|---|---|---|
| 2026 YTD | −1.2% | |
| 2025 | +5.2% | |
| 2024 | +2.6% | |
| 2023 | +6.8% | |
| 2022 | +4.5% |
CGMU in the news
ETF.net Research hasn’t filed on CGMU yet — coverage lands here as it’s written.
CGMU Dividends
- 3.47%
- $0.92
- $0.07 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 31, 2026 | Sep 1, 2026 | $0.07 |
| Jul 31, 2026 | Aug 3, 2026 | $0.09 |
| Jun 29, 2026 | Jun 30, 2026 | $0.07 |
| May 29, 2026 | Jun 1, 2026 | $0.07 |
| Apr 30, 2026 | May 1, 2026 | $0.08 |
| Mar 30, 2026 | Mar 31, 2026 | $0.08 |
| Feb 27, 2026 | Mar 2, 2026 | $0.08 |
| Jan 30, 2026 | Feb 2, 2026 | $0.07 |
| Dec 24, 2025 | Dec 26, 2025 | $0.09 |
| Nov 28, 2025 | Dec 1, 2025 | $0.07 |
| Oct 31, 2025 | Nov 3, 2025 | $0.09 |
| Sep 29, 2025 | Sep 30, 2025 | $0.07 |
CGMU Risk
- 4.6%
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.
- −0.04
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.
- −4.1%
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.
- 0.79
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CGMU Cost
- The middle half of Other Municipal Bond funds
- Median 0.30%
22 of the 62 Other Municipal Bond funds charge less.