The Capital Group Short Duration Municipal Income ETF (CGSM) is a specialized investment vehicle designed to provide investors with a strategic opportunity to access high-quality municipal bonds with a focus on short-term maturities. As a cornerstone in the Government, Local Authority/Municipal category, CGSM is meticulously crafted for those seeking investment-grade securities that prioritize stability and income over the volatility typically associated with longer-term investments.
CGSM targets the short-term niche, offering a distinctive blend of lower risk and tax-efficient income. The fund aims to deliver consistent returns by investing primarily in municipal bonds that are expected to mature or be called within the next few years, ensuring that investors benefit from minimized interest rate exposure and enhanced liquidity.
Ideal for conservative investors or those looking to diversify their fixed-income portfolios, the Capital Group Short Duration Municipal Income ETF provides an attractive solution for preserving capital while generating steady, tax-advantaged income. With its focus on investment-grade securities, CGSM stands out as a reliable choice for those who value quality and short-term security in their municipal bond investments.
Capital Group Short Duration Municipal Income ETF (CGSM) Fund Flow Chart
Capital Group Short Duration Municipal Income ETF (CGSM) 1 year Net Flows: $591M
CGSM ETF FAQ
What was CGSM’s price range in the past 12 months?
CGSM lowest ETF price was $25.54 and its highest was $26.34 in the past 12 months.