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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 cheapest 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 8.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MONTGOMERY CNTY MD 3.65%

1.61 11.1 Mil
municipal

UNIVERSITY MICH UNIV REVS 3.55%

1.36 9.4 Mil
municipal

Us 5yr Note (Cbt) Jun24 Xcbt 20240628

1.25 8.6 Mil
Government

BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4%

1.07 7.4 Mil
municipal

NEW YORK N Y 5%

0.61 4.2 Mil
municipal

PHOENIX ARIZ CIVIC IMPT CORP ARPT REV 5%

0.52 3.6 Mil
municipal

TENNESSEE HSG DEV AGY RESIDENTIAL FIN PROG REV 6.25%

0.52 3.6 Mil
municipal

MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 4%

0.49 3.4 Mil
municipal

TEXAS ST DEPT OF HSG & CMNTY AFFAIRS SINGLE FAMILY REV 6%

0.48 3.3 Mil
municipal

NEW YORK N Y 3.8%

0.46 3.2 Mil
municipal