Capital Group Short Duration Income ETF
CGSD
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
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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.- CEO
- Wenhong Xia
- Full Time Employees
- 74
- 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 Short Duration Income ETF (CGSD), a series of Capital Group Fixed Income ETF Trust managed by Capital Research and Management Company, seeks current income consistent with a short duration profile and capital preservation by primarily investing in U.S. dollar-denominated debt securities rated investment grade or equivalent, including U.S. government securities, corporate bonds, asset-backed securities such as those backed by auto loans or credit card receivables, mortgage-backed securities, and debt issued by government-sponsored entities and federal agencies not fully backed by the U.S. government; the fund's average portfolio duration targets less than 2 years but may extend to 3 years, with holdings diversified across approximately 834 securities where corporate bonds comprise 41.58%, asset-backed securities 36.82%, and mortgage-backed securities 13.18% as of recent data. Launched on October 25, 2022 and listed on NYSE Arca, CGSD operates within the U.S. fixed income market targeting individual and institutional investors seeking low volatility income solutions with a net expense ratio of 0.25%, assets under management exceeding $1.63 billion, and a dividend yield around 4.55%; it benchmarks against the Bloomberg 1-3 Year U.S. Government/Credit Index while employing fundamental analysis and active management. Headquartered in Los Angeles, California through its investment adviser Capital Group, a global active asset manager, the ETF has seen steady institutional ownership growth to 124 holders managing over 21.9 million shares as of early 2025 and regular monthly distributions declared throughout 2024-2025 ranging from $0.0708 to $0.1247 per share. Recent developments include Capital Group's broader ETF expansion with launches of new U.S. growth, value, and high yield bond ETFs in June 2025, alongside eight new active ETF model portfolios in March 2025 building on its suite of 25 U.S. ETFs, reflecting strategic growth in active ETF offerings without specific acquisitions, partnerships, or reorganizations directly impacting CGSD.