Symbols

CGHM

Capital Group Municipal High-Income ETF·NYSE

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Key Stats

Assets Under Management

2.64BUSD

Fund Flows (1Y)

890.38MUSD

Dividend Yield

3.59%

Discount/Premium to NAV

0.25%

Shares Outstanding

102.90M

Expense Ratio

0.34%

About Capital Group Municipal High-Income ETF

Issuer

Capital Research and Management Company

Brand

Capital Group

Home Page

https://www.capitalgroup.com/advisor/investments/exchange-traded-funds/details/cghm

Inception Date

Jun 25, 2024

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

40.00%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Capital Research & Management Co.

Distributor

Capital Client Group, Inc.

CGHM provides exposure to federal tax-exempt securities while aiming for a high level of current income. It will primarily invest in state, municipal, and public authority bonds and notes with intermediate- to long-term maturities. The fund targets higher yielding and lower rated securities by allocating at least 60% of its portfolio to lower-medium investment grades or bonds rated BBB+/Baa1 or below. It has a strong focus on risk management with its assets actively managed by a team of portfolio managers.