Capital Group Core Balanced ETF
CGBL
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 333 South Hope Street, 55th Floor Los Angeles CA United States of America 90071
- IPO Date
- Sep 28, 2023
- Website
- capitalgroup.com
- Similar Companies
- Business
- Capital Group Core Balanced ETF (CGBL) is an actively managed exchange-traded fund that seeks total return consistent with preservation of capital through a balanced approach combining equities, fixed income securities, money market instruments, and cash. Launched on September 26, 2023, and domiciled in Delaware, the ETF is issued and managed by Capital Group, with principal executive offices at 6455 Irvine Center Drive, Irvine, California, and additional key operations at 333 South Hope Street, Los Angeles, California. It primarily invests as a fund-of-funds in other Capital Group ETFs, including core holdings such as Capital Group Core Plus Income ETF (CGCP, approximately 21.5%), Capital Group Core Bond ETF (CGCB, approximately 14.4%), alongside individual equity positions in companies like Broadcom Inc. (AVGO), Microsoft Corp. (MSFT), Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), and Philip Morris International Inc. (PM); fixed income exposure encompasses corporate bonds, mortgage-backed securities, asset-backed securities, and government-sponsored entity debt of varying maturities; equity allocations target large-cap blend styles with significant U.S. stock (around 56%), non-U.S. stock (around 7%), and sector emphases in technology, healthcare, consumer staples, materials, energy, and real estate. The fund employs dynamic asset allocation, typically maintaining 50-70% in equities and 32% in fixed income, with flexibility to adjust based on market conditions, including potential exposure to high-yield bonds, and serves target outcome asset allocation strategies for retail and institutional investors seeking moderate allocation portfolios. In a notable expansion of its ETF lineup, Capital Group launched CGBL in September 2023 as part of five new active ETFs introduced on the NYSE Arca exchange, marking the firm's entry into multi-asset ETFs alongside pure equity and fixed income offerings. The fund has grown rapidly to approximately $3.43 billion in assets under management as of late 2025, attracting 259 institutional shareholders including LPL Financial LLC, Morgan Stanley, and Envestnet Asset Management Inc., reflecting strong adoption amid favorable performance with a 15.98% total return over the past year and an inception-to-date average annual return of 20.59%. No major acquisitions, partnerships, funding rounds, or strategic reorganizations specific to CGBL have been reported in the last two years; instead, ongoing portfolio adjustments respond to market dynamics, such as recent quarterly dividends totaling $0.64 per share (yielding 1.84%) and maintenance of a 0.33% expense ratio. Capital Group, the parent entity founded in 1931, operates globally with offices in North America, Europe, Asia, and Australia, providing a broad platform for CGBL's underlying investments.