Capital Group Short Duration Municipal Income ETF (CGSM) to Issue Monthly Dividend of $0.06 on February 2nd

Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) announced a monthly dividend on Thursday, January 29th. Investors of record on Friday, January 30th will be given a dividend of 0.058 per share on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, January 30th.

Capital Group Short Duration Municipal Income ETF Trading Down 0.2%

NYSEARCA CGSM opened at $26.50 on Friday. Capital Group Short Duration Municipal Income ETF has a one year low of $25.55 and a one year high of $26.55. The stock has a 50-day moving average of $26.41 and a 200 day moving average of $26.35.

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. CGSM was launched on Sep 26, 2023 and is issued by Capital Group.