Capital Group Short Duration Municipal Income ETF to Issue Monthly Dividend of $0.06 (NYSEARCA:CGSM)

Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) announced a monthly dividend on Wednesday, November 26th. Shareholders of record on Friday, November 28th will be given a dividend of 0.0602 per share on Monday, December 1st. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Friday, November 28th.

Capital Group Short Duration Municipal Income ETF Price Performance

Shares of Capital Group Short Duration Municipal Income ETF stock remained flat at $26.38 during mid-day trading on Thursday. The company’s stock had a trading volume of 171,918 shares, compared to its average volume of 181,208. The company has a fifty day moving average price of $26.38 and a 200-day moving average price of $26.23. Capital Group Short Duration Municipal Income ETF has a fifty-two week low of $25.55 and a fifty-two week high of $26.55.

Capital Group Short Duration Municipal Income ETF Company Profile

The Capital Group Short Duration Municipal Income ETF (CGSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year.