CGSM Stock Summary and Trading Ideas (Capital Group Short Duration Municipal Income ETF | ARCA:CGSM)

Capital Group Short Duration Municipal Income ETF is an ETF domiciled in the USA. The fund's investment objective is to provide current income exempt from regular federal income tax, consistent with a short duration profile as described in the prospectus and with the preservation of capital. The Fund Invests in generally high-quality, short-term municipal bonds to provide income that is exempt from regular federal income tax while preserving capital. The strategy is designed to generate a slightly higher yield than tax-exempt money market funds. It seeks to provide a high degree of stability with limited exposure to interest rate volatility.

Capital Group Short Duration Municipal Income ETF trades on the ARCA stock market under the symbol CGSM.

As of March 20, 2025, CGSM stock price climbed to $26.14 with 336 million shares trading.

CGSM has a beta of 0.02, meaning it tends to be less sensitive to market movements. CGSM has a correlation of 0.02 to the broad based SPY ETF.

CGSM has a market cap of $628.93 million. This is considered a Small Cap stock.

CGSM has underperformed the market in the last year with a return of +4.5%, while SPY returned +10.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CGSM shares. However, CGSM has outperformed the market in the last 3 month and 2 week periods, returning +1.4% and -0.1%, while SPY returned -2.9% and -3.1%, respectively. This indicates CGSM has been having a stronger performance recently.

CGSM support price is $26.07 and resistance is $26.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CGSM shares will trade within this expected range on the day.