Capital Group Municipal Income ETF
CGMU
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Michael D. Shuh
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 333 South Hope Street, 55th Floor Los Angeles CA United States of America 90071
- IPO Date
- Oct 27, 2022
- Website
- capitalgroup.com
- Similar Companies
- Business
- Capital Group Municipal Income ETF (CGMU) is an actively managed exchange-traded fund that seeks to provide a high level of current income exempt from federal income tax through investments primarily in municipal securities issued by U.S. states, local governments, and their agencies; the fund invests across broad maturities with a focus on high-quality, investment-grade bonds supplemented by selective high-yield opportunities, holding approximately 1,651 to 1,756 securities including municipal bonds (98.17% allocation), asset-backed securities (1.5%), and minimal cash equivalents. Launched on October 25, 2022, and domiciled in the United States, CGMU operates under Capital Group Fixed Income ETF Trust with investment oversight from a team including Jerome Solomon, Mark Marinella, and Courtney Wolf; the fund is issued by Capital Research and Management Company, headquartered at 333 South Hope Street, Los Angeles, California. It targets investors seeking tax-efficient fixed income exposure, with total net assets exceeding $3.91 billion, a net expense ratio of 0.27%, and a trailing twelve-month dividend yield around 3.39%, distributed monthly. In recent developments, CGMU has experienced substantial asset growth to approximately $4.35 billion amid increased institutional interest, with major holders such as Capital International Investors expanding stakes by 17.42% in late 2025 filings and UBS Group AG adjusting positions upward; additional institutional acquisitions by firms including NBC Securities, Fi3 FINANCIAL ADVISORS, and Oak Hill Wealth Advisors reflect ongoing demand through Q4 2025. The fund maintained steady portfolio diversification with top 10 holdings comprising just 5.01% of assets and continued monthly dividend payouts, including ex-dividend dates in July and November 2025 at $0.07 per share. No major acquisitions, mergers, or strategic shifts have been reported for the ETF itself within the last two years, underscoring its stable active management approach amid a maturing municipal bond market.