CGHM

Capital Group Municipal High-Income ETF

$25.48

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Capital Group Municipal High-Income ETF seeks to provide a high level of current income that is exempt from federal income tax.

Overview

ETF tracking Capital Group Municipal High-Income ETF

Category Municipal Bonds

Issuer Other

Inception Date 2024-06-27

Market Cap $2.2B

Average Volume N/A

Dividend Yield 2.86%

52-Week Range $24.05 - $25.86

VWAP $25.53

Performance

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Investment Summary

📎 Investment Objective

The Capital Group Municipal High-Income ETF seeks to provide a high level of current income that is exempt from federal income tax.

🎯 Investment Strategy

The fund invests primarily in municipal bonds and other municipal securities that pay interest exempt from federal income tax. The fund aims to maintain a portfolio with an average credit quality in the A to AA range.

✨ Key Features

Focuses on municipal bonds that provide tax-exempt income
Targets an average credit quality in the A to AA range
Actively managed by experienced municipal bond investors
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of municipal bonds may decline when interest rates rise
Credit risk: The fund is exposed to the risk of default or downgrade by municipal bond issuers
Liquidity risk: Municipal bonds may be less liquid than other fixed-income securities
Tax risk: Changes in tax laws could affect the tax-exempt status of municipal bond interest

👤 Best For

This ETF may be suitable for investors seeking tax-exempt income and willing to accept the risks associated with municipal bond investments. It may be particularly appealing to investors in higher tax brackets who are looking to maximize their after-tax returns.