CGSMCapital Group Short Duration Municipal Income ETF
Seeks current income exempt from regular federal income tax with a short duration profile.
By Capital Group · Launched 2023
Annual Cost
0.25%
#1,139 of 5,861 · low cost
Fund Size
$1.5B
#894 of 5,861 · large
Dividend YieldGoal
2.96%
Track Record
2 years
#3,113 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,327+3.3%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Active selection
Index tracked
Bloomberg Municipal Short 1-5 Years Index
What it actually holds
By weightConcentration
Top 10 holdings = 9.3% of fund✓ well diversified
South Carolina Jobs-Economic Development Authority
1.4%
Mississippi Business Finance Corp
1.3%
Triborough Bridge & Tunnel Authority
1.2%
New York City Municipal Water Finance Authority
1.0%
PEFA Inc
0.9%
Tarrant County Cultural Education Facilities Finance Corp
0.8%
New York City Transitional Finance Authority Future Tax Secured Revenue
0.8%
University of California
0.7%
Antelope Valley Community College District
0.6%
City of Valdez AK
0.6%
Asset allocation
Bonds
96.6%
Cash
3.4%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
1.4%Low
Year-on-year price swings
Max drawdown
-1.4%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Bond profile
Duration
3.9 years
Avg maturity
10.3 years
Credit ratings
US Government
7.1%
AAA
34.0%
AA
38.3%
A
14.5%
BBB
3.1%
BB
1.3%
B
0.1%
Other
8.6%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks current income exempt from regular federal income tax with a short duration profile.
- Strategy
- Invests primarily in municipal bonds exempt from federal income tax, targeting at least 80% of assets in these securities. Maintains a short duration profile and may include up to 20% in private activity bonds subject to alternative minimum tax.
- Inception date
- September 26, 2023
- Fund family
- Capital Group
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Data updated on 2026-08-04