Morningstar

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 the 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 compelling intermediate muni offering with slightly more credit risk than rivals.

Analyst Ken Noguchi

Ken Noguchi

Analyst

Summary

A seasoned leadership team and a research-driven, disciplined approach help Capital Group Municipal Income ETF stand out among muni national intermediate Morningstar Category peers.

by Ken Noguchi
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 7.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us 5yr Note (Cbt) Sep26 Xcbt 20260930

2.27 149M
Government

PUERTO RICO COMWLTH 0%

0.78 51M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

0.67 44M
municipal

2 Year Treasury Note Future Sept 26

0.63 41M
Government

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.25%

0.51 34M
municipal

NEW YORK N Y 1.35%

0.49 32M
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 1.5%

0.45 30M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

0.43 28M
municipal

MONTGOMERY CNTY MD 1.3%

0.43 28M
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 1.5%

0.42 28M
municipal

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