Capital Group Fixed Etf Profile
CGIB Etf | 25.66 0.07 0.27% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Capital Group is trading at 25.66 as of the 30th of November 2024, a 0.27 percent up since the beginning of the trading day. The etf's open price was 25.59. Capital Group has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Capital Group Fixed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Capital Group is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Capital Group Fixed
Moving together with Capital Etf
0.73 | IAGG | iShares Core Interna | PairCorr |
0.88 | BNDW | Vanguard Total World | PairCorr |
0.83 | BGRN | iShares USD Green | PairCorr |
0.8 | FLIA | Franklin Liberty Int | PairCorr |
Moving against Capital Etf
Capital Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Broad Debt ETFs, Broad Market ETFs, Global Bond-USD Hedged (View all Sectors) |
Issuer | Capital Group |
Inception Date | 2024-06-25 |
Entity Type | Regulated Investment Company |
Asset Under Management | 50.65 Million |
Asset Type | Fixed Income |
Category | Broad Debt |
Focus | Broad Market |
Market Concentration | Blended Development |
Region | Global |
Administrator | State Street Bank and Trust Company |
Advisor | Capital Research and Management Company |
Custodian | State Street Bank and Trust Company |
Distributor | American Funds Distributors, Inc. |
Portfolio Manager | Philip Chitty, Andrew Cormack, Thomas Reithinger |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Dec |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 165 |
Market Maker | Virtu Financial |
Total Expense | 0.45 |
Management Fee | 0.45 |
Country Name | USA |
Code | CGIB |
Updated At | 29th of November 2024 |
Name | Capital Group Fixed Income ETF Trust |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01N7Q8Z34 |
Type | ETF |
Capital Group Fixed [CGIB] is traded in USA and was established null. The fund is listed under Global Bond-USD Hedged. The entity is thematically classified as Broad Debt ETFs. Capital Group Fixed currently have in assets under management (AUM).
Check Capital Group Probability Of Bankruptcy
Geographic Allocation (%)
Capital Group Fixed Currency Exposure
Capital Group Fixed holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Capital Group will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Capital Group Fixed.
Capital Group Fixed Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Capital Group. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0197 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.55) |
Capital Group Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capital Group Fixed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of Capital Group Fixed is measured differently than its book value, which is the value of Capital that is recorded on the company's balance sheet. Investors also form their own opinion of Capital Group's value that differs from its market value or its book value, called intrinsic value, which is Capital Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Capital Group's market value can be influenced by many factors that don't directly affect Capital Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Capital Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Capital Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capital Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.