Capital Group U.S. Small and Mid Cap ETF
CGMM
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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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
- Jan 16, 2025
- Website
- capitalgroup.com
- Similar Companies
- Business
- Capital Group U.S. Small and Mid Cap ETF (CGMM) is an actively managed exchange-traded fund offered by Capital Group Companies, Inc., that seeks long-term capital growth by investing primarily in common stocks of small- and mid-capitalization U.S. companies with market capitalizations between $300 million and $15 billion. The fund employs a multi-manager approach, utilizing three or more investment managers who independently select securities based on fundamental analysis, focusing on companies demonstrating strong growth potential, attractive valuations, and competitive advantages; it maintains a diversified portfolio across sectors such as technology, industrials, consumer discretionary, health care, and financials, while limiting individual position sizes to manage risk. CGMM trades on the NYSE Arca exchange under the ticker CGMM and is designed for investors seeking exposure to the dynamic small- and mid-cap segment of the U.S. equity market, which historically offers higher growth opportunities compared to large-cap equities. Capital Group Companies, Inc., founded in 1931 and headquartered in Los Angeles, California, serves as the sponsor and investment manager for CGMM through its subsidiaries, including Capital Research and Management Company and Capital International Investors, which collectively oversee a broad range of actively managed mutual funds, ETFs, and institutional separate accounts with approximately $2.6 trillion in assets under management as of late 2025. The company's geographic operations are primarily U.S.-focused for this ETF, with target customers including individual investors, financial advisors, and institutional clients seeking active management in the small- and mid-cap space; it operates within the asset management industry, emphasizing bottom-up stock selection over passive indexing. In recent developments, Capital Group launched CGMM in late 2023 as part of its expanding suite of ETFs, marking a strategic shift toward exchange-traded products to complement its traditional mutual fund offerings and capture growing demand for actively managed, low-cost vehicles in the ETF market; the fund has seen steady asset growth, surpassing $100 million in assets under management within its first year amid favorable small-cap market rotations in 2024. No major acquisitions, partnerships, or reorganizations specific to CGMM have been announced in the last 1-2 years, though Capital Group continues to enhance its ETF lineup with additional launches like the Capital Group Dividend Value ETF (CGDV) and International Focus Equity ETF (CGIE), reflecting broader operational expansions in active ETFs.