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Capital Group Municipal Income ETF CGMU

Morningstar Medalist Rating
Medalist Rating as of | See Capital Group Investment Hub

Morningstar’s Analysis CGMU

Will CGMU outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CGMU’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CGMU management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CGMU’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Capital Group Municipal Income ETF's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings CGMU

More CGMU Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Sept 24

4.51 35.4 Mil
Government

MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE 3.97%

1.39 10.9 Mil
municipal

UNIVERSITY MICH UNIV REVS 3.72%

1.20 9.4 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 3.97%

1.13 8.9 Mil
municipal

Us 5yr Note (Cbt) Sep24 Xcbt 20240930

1.13 8.9 Mil
Government

BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4%

0.94 7.4 Mil
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 4%

0.75 5.9 Mil
municipal

GULF COAST INDL DEV AUTH TEX REV 4.05%

0.65 5.1 Mil
municipal

NEW JERSEY ST TPK AUTH TPK REV 5%

0.62 4.8 Mil
municipal

NEW YORK N Y 5%

0.53 4.2 Mil
municipal