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Beacon

CGCPCapital Group Core Plus Income ETF

Get incomeGrow my money4y track recordRanked #212 of 1,622 in this goal

Provides current income and seeks maximum total return, consistent with preservation of capital.

By Capital Group · Launched 2022

Annual Cost

0.34%

#1,585 of 5,562 · low cost

Fund Size

$7.9B

#325 of 5,562 · large

Dividend YieldGoal

5.14%

Track Record

4 years

#2,621 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,523+5.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 23.0% of fund✓ well diversified

Capital Group Central Cash Fund
7.9%
United States Treasury
2.6%
United States Treasury
2.3%
Fannie Mae
2.0%
United States Treasury
1.6%
United States Treasury
1.6%
Freddie Mac
1.4%
United States Treasury
1.3%
United States Treasury
1.2%
United States Treasury
1.0%

Asset allocation

Bonds
90.8%
Cash
9.1%
Preferred
0.1%
Stocks
0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
3.7%Low

Year-on-year price swings

Max drawdown
-15.1%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.29Below average
Sortino (3Y)
0.41Moderate downside risk

Bond profile

Duration

4.9 years

Avg maturity

9.8 years

Credit ratings

US Government
23.8%
AAA
30.4%
AA
24.7%
A
11.4%
BBB
14.4%
BB
7.9%
B
4.3%
Below B
0.9%
Other
5.9%

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Provides current income and seeks maximum total return, consistent with preservation of capital.
Strategy
Invests primarily in bonds and other debt securities, including corporate and inflation-linked bonds. May invest in derivatives and lower-rated debt instruments, with up to 35% in non-U.S. dollar securities and emerging markets. Engages in active trading to achieve investment strategies.
Inception date
February 22, 2022
Fund family
Capital Group

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

Closet indexer — active fees, passive behavior

This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.

R²
89.2%
TE
1.8%
Beta
0.92
Fee
5× 0.07%

Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Why we flagged this: strategy=active_selection + low_tracking_error+near_market_beta+fee_premium

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19