Capital Group Short Duration Municipal Income (CGSM) ETF Holdings & Analysis

What CGSM does

The Capital Group Short Duration Municipal Income ETF (CGSM) aims to generate current income that is exempt from regular federal income tax. It achieves this while maintaining a short-duration investment profile and prioritizing the preservation of capital. The fund distinguishes itself by allocating at least 80% of its assets to bonds and other debt instruments, encompassing various municipal bonds. These municipal obligations are notable for providing interest income that is generally exempt from federal income tax, with their payments funded by a wide array of sources, from government revenues to private enterprises. The fund's average portfolio duration is carefully managed to stay within one year of the average duration of the Bloomberg Municipal Short 1-5 Years Index. In line with its primary goal, the fund typically invests at least 80% of its holdings in, or generates at least 80% of its income from, securities that are exempt from regular federal income tax. However, it may allocate up to 20% of its assets to 'private activity bonds,' which fund private, for-profit organizations and whose interest income may be subject to the federal alternative minimum tax (AMT).

Fund profile

Top holdings

Sector allocation

Geographic allocation

PortView Portfolio Insights

PortView analyzes how CGSM fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does CGSM track?

CGSM is the Capital Group Short Duration Municipal Income ETF, a Other ETF.

What is the expense ratio of CGSM?

Expense ratio data for CGSM is shown on the page when available from our data provider.

What are the largest holdings in CGSM?

Top holdings include NEW YORK ST THRUWAY AUTH PERSO NYSTRN 09/28 FIXED 5, MARYLAND ST MDS 06/30 FIXED 5, FLORIDA ST BRD OF EDU PUBLIC E FLSEDU 06/29 FIXED 5, SOUTH CAROLINA ST JOBS ECON DE SCSMED 05/48 ADJUSTABLE VAR, TRIBOROUGH NY BRIDGE TUNNEL TRBTRN 02/28 FIXED 5.

How can PortView analyze CGSM overlap with other ETFs?

PortView computes the holdings overlap between CGSM and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.