Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM – Get Free Report) declared a monthly dividend on Thursday, October 29th. Stockholders of record on Friday, October 30th will be given a dividend of $0.0635 per share on Monday, November 2nd. This represents a $0.76 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, October 30th. This is a 0.8% decrease from Capital Group Short Duration Municipal Income ETF’s previous monthly dividend of $0.0640.
Capital Group Short Duration Municipal Income ETF Stock Down 0.2%
Capital Group Short Duration Municipal Income ETF stock opened at $26.16 on Friday. Capital Group Short Duration Municipal Income ETF has a 12 month low of $25.59 and a 12 month high of $26.68. The stock’s 50 day moving average is $26.02 and its 200-day moving average is $26.30.
About Capital Group Short Duration Municipal Income ETF
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.
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