Capital Group Dividend Growers ETF (CGDG) is an actively managed exchange-traded fund that seeks to provide combinations of current yield and dividend growth by investing primarily in common stocks of dividend-paying companies around the world. The fund, launched on September 26, 2023 and domiciled in the United States, normally invests at least 80% of its assets in equity securities of dividend-paying companies, with a significant portion allocated outside the United States, including emerging markets; it employs a multi-manager approach with co-management by Capital International Investors, Capital Research Global Investors, and Capital World Investors, utilizing fundamental and quantitative analysis to select growth and value stocks across diversified sectors and market capitalizations. Top holdings include Broadcom Inc., Taiwan Semiconductor Manufacturing Co., Philip Morris International Inc., VICI Properties Inc., and RTX Corp., among approximately 100 positions, with an expense ratio of 0.47% and assets under management exceeding $3 billion as of late 2025.
Operated by Capital Research and Management Company, a subsidiary of Capital Group headquartered in Los Angeles, California, CGDG targets investors seeking global dividend growth through attractively valued stocks with potential for long-term compounding; the fund trades on the NYSE Arca exchange and pays quarterly dividends, with a trailing twelve-month yield of approximately 1.89% and recent payouts including $0.2291 per share in June 2025.
Since inception, the ETF has delivered strong performance, achieving a total return of about 41.5% through mid-2025, outperforming the S&P 500 during certain drawdowns due to its active stock selection and diversified exposure; it rapidly grew assets to over $2.66 billion by H2 2025, reflecting investor confidence in Capital Group's transition to active ETFs, including the launch of CGDG as part of five new active ETFs announced in September 2023.