CGCP

Capital Group Core Plus Income ETF

$22.64
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Capital Group Core Plus Income ETF (CGCP) seeks to provide current income and capital appreciation by investing in a diversified portfolio of fixed-income securities.

Overview

ETF tracking Capital Group Core Plus Income ETF

Category Value
Issuer Other
Inception Date 2022-02-24
Market Cap $5.7B
Average Volume N/A
Dividend Yield 4.20%
52-Week Range $21.92 - $22.98
VWAP $22.66

Performance

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Investment Summary

📎 Investment Objective

The Capital Group Core Plus Income ETF (CGCP) seeks to provide current income and capital appreciation by investing in a diversified portfolio of fixed-income securities.

🎯 Investment Strategy

The fund aims to achieve its objective by investing primarily in investment-grade bonds, including U.S. government, corporate, and mortgage-backed securities. The portfolio managers may also tactically allocate a portion of the fund's assets to high-yield bonds and other fixed-income instruments to enhance yield and total return potential.

✨ Key Features

  • Actively managed fixed-income ETF with a focus on investment-grade bonds
  • Potential for higher yields through tactical allocation to high-yield and other fixed-income sectors
  • Diversified portfolio across various fixed-income asset classes
  • Experienced portfolio management team from Capital Group, a leading asset management firm

⚠️ Primary Risks

  • Interest rate risk: The fund's performance may be negatively impacted by rising interest rates, which can reduce the value of fixed-income securities
  • Credit risk: The fund is exposed to the risk of default or deterioration in the credit quality of the underlying bonds
  • Liquidity risk: Some of the fund's investments may have limited liquidity, which could impact the fund's ability to sell these securities at favorable prices
  • Sector concentration risk: The fund's performance may be more volatile if it is heavily concentrated in a particular sector or industry

👤 Best For

The Capital Group Core Plus Income ETF may be suitable for investors seeking current income and moderate capital appreciation from a diversified fixed-income portfolio. It may be appropriate for investors with a medium-term investment horizon and a moderate risk tolerance.