Capital Group Municipal Etf Profile

CGMU Etf  USD 27.28  0.06  0.22%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
Capital Group is selling for under 27.28 as of the 30th of November 2024; that is 0.22 percent increase since the beginning of the trading day. The etf's last reported lowest price was 27.25. Capital Group has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Capital Group Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 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 Municipal

Moving together with Capital Etf

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  0.98ITM VanEck Intermediate MuniPairCorr
  0.97MMIT IQ MacKay MunicipalPairCorr
  0.96HMOP Hartford MunicipalPairCorr

Moving against Capital Etf

  0.49RSPY Tuttle Capital ManagementPairCorr
  0.48DSJA DSJAPairCorr
  0.42MEME Roundhill InvestmentsPairCorr
  0.4EOS Eaton Vance EnhancedPairCorr

Capital Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationMunicipals ETFs, Broad Municipals ETFs, Muni National Interm (View all Sectors)
IssuerCapital Group
Inception Date2022-10-25
Entity TypeRegulated Investment Company
Asset Under Management2.59 Billion
Asset TypeFixed Income
CategoryMunicipals
FocusBroad Municipals
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorCapital Research and Management Company
CustodianState Street Bank and Trust Company
DistributorAmerican Funds Distributors, Inc.
Portfolio ManagerCourtney Wolf, Mark Marinella, Jerome Solomon
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents1,364
Market MakerJane Street
Total Expense0.27
Management Fee0.27
200 Day M A27.0803
Country NameUSA
50 Day M A27.2502
CodeCGMU
Updated At30th of November 2024
Returns Y T D3.65
NameCapital Group Municipal Income ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG019XRCL67
TypeETF
1y Volatility5.62
Capital Group Municipal [CGMU] is traded in USA and was established null. The fund is listed under Muni National Interm. The entity is thematically classified as Municipals ETFs. Capital Group Municipal currently have in assets under management (AUM). , while the total return for the last year was 6.1%.
Check Capital Group Probability Of Bankruptcy

Capital Group Municipal 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.

Capital Group Against Markets

When determining whether Capital Group Municipal is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Capital Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Capital Group Municipal Etf. Highlighted below are key reports to facilitate an investment decision about Capital Group Municipal Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capital Group Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
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The market value of Capital Group Municipal 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.