Investments / CGCP Capital Group Core Plus Income ETF
Bond Funds

CGCP

Capital Group Core Plus Income ETF
Investments / CGCP Capital Group Core Plus Income ETF
Bond Funds

CGCP

Capital Group Core Plus Income ETF

Summary

A balanced approach to preserving capital and pursuing income while seeking total return. A core plus fixed income fund that takes a diversified approach to security selection. This single fund solution prioritizes sustainable income and mitigation of risk, while supporting capital preservation and diversification.

  • Price at NAV $22.55 as of 07/18/2024 (updated daily)
  • Price at Market Price $22.55 as of 07/18/2024 (updated daily)
  • Fund Assets (millions) $2657.6 as of 07/18/2024 (updated daily)
  • portMgrName
    Portfolio Managers1 4
  • expRatio
    Expense Ratio2 0.34%

NAVCumul1Yr,NAVAvg5yr,NAVAvgLifetime/TRMPR_1YTD,ARRMPR_5YTD,ARRMPR_LTD
Returns at (NAV4 
NAV
/Market Price4, 5 
NF_FDD_marketPrice
)%

Read important investment disclosures

  • 5.38/5.27
    1-year return
  • --/--
    5-year return
  • -1.10/-1.09
    Lifetime return
  • 5.78%
    30-Day SEC Yield
Returns as of 06/30/2024 (updated monthly). Yield as of 06/30/2024 (updated monthly).
assetMix

Asset Mix

U.S. Equities
0.0%
Non-U.S. Equities
0.0%
U.S. Bonds
90.3%
Non-U.S. Bonds
8.0%
assetMixCE
Cash & Equivalents 6
1.7%
As of 06/30/2024 (updated monthly)

Fund Statistics

4.5 years
Effective Duration
BS_ED
BS_ED
5.6%
Average Yield to Worst
BS_YTW
BS_YTW
4.8%
Average Coupon
AVGCOUP
avgCoupon
% of net assets as of 07/18/2024 (updated daily).
morningstarFIStyle
Morningstar Stylebox™ - Fixed Income7
Medium Quality
Moderate Interest-Rate Sensitivity
Morningstar data as 06/30/2024 (updated monthly)

Description

Fund Objective
The fund's investment objective is to provide current income and seek maximum total return, consistent with preservation of capital.
DC_SB
Distinguishing Characteristics
This income-oriented fund seeks higher income than core bond funds with generally low equity correlation. This fund aims to generate income and maximum total return primarily with a focus on fundamental analysis to identify value across the credit spectrum. With the flexibility to hold a broad range of debt securities, it can invest in emerging markets, high-yield bonds and non-U.S. dollar markets on an opportunistic basis.
Types of Investments
Government debt and agency bonds, corporate bonds, mortgage- and asset-backed securities, emerging markets debt, non-U.S., municipals and high-yield.
Maturity
The bond maturities that the fund targets will vary depending on the current strategy being implemented.
Portfolio Restrictions
The fund may invest no more than 35% of its assets in securities rated below investment grade (BB+/Ba1 and below, or unrated, but determined by the fund's investment adviser to be of equivalent quality) at the time of purchase, including high-yield corporate bonds or those issued by developing country governments and companies. The fund may invest up to 10% of its assets in equity securities and certain securities with a combination of debt and equity characteristics. The fund may invest up to 35% of its assets in securities denominated in currencies other than the U.S. dollar. The fund may invest up to 35% of its assets in securities of emerging market issuers.

Fund Facts

Fund Inception
02/22/2022
Fund Assets (millions)
$2657.6
As of 07/18/2024 (updated daily).
Exchange
NYSE Arca, Inc.
Companies/Issuers
454
Holdings are as of 06/30/2024 (updated monthly).
mthDividendsPaid
Regular Dividends Paid 8
Monthly
NAV Price
$22.55
As of 07/18/2024 (updated daily).
Market Price
$22.55
As of 07/18/2024 (updated daily).
Portfolio Turnover (2023)
581%
Fiscal Year-End
December
Prospectus Date
03/01/2024
CUSIP
14020Y 10 2
NF_ETFLogic_premium,NF_ETFLogic_discount
Premium/Discount
NF_ETFLogic_premDiscountRatio
-0.01%
As of 07/18/2024 (updated daily).
NF_ETFLogic_medianBid
30 Day Median Bid/Ask Spread
NF_ETFLogic_medianBid
0.04%
As of 07/18/2024 (updated daily).

PREMIUM/DISCOUNT DETAILS

Returns3, 4, 5

NAVYTDDaily,TRMPR_YTD,NAVCumul1Yr,TRMPR_1YTD,NAVAvg5yr,ARRMPR_5YTD,NAVAvgLifetime,ARRMPR_LTD
  • Month-End Returns as of 06/30/2024
  • Quarter-End Returns as of 06/30/2024
  • NAV
    Market Price
    Bloomberg U.S. Aggregate Index
    52005

    Fund inception: 02/22/2022

    The fund's returns for 3 years, 5 years and 10 years will be available after the fund's lifetime reaches those durations, respectively.
    NAVYTDDaily,TRMPR_YTD,NAVCumul1Yr,TRMPR_1YTD,NAVAvg5yr,ARRMPR_5YTD,NAVAvgLifetime,ARRMPR_LTD
  • Month-End Returns as of 06/30/2024
  • Quarter-End Returns as of 06/30/2024
  • NAV
    Market Price
    Bloomberg U.S. Aggregate Index
    52005

    Fund inception: 02/22/2022

    The fund's returns for 3 years, 5 years and 10 years will be available after the fund's lifetime reaches those durations, respectively.
    Growth of 10K
    NAVAvgLifetime
    4
    High & Low Prices

    Read important investment disclosures

    This chart tracks a hypothetical investment at NAV over the last 20 years, or, since inception date if the fund has been in existence under 20 years, through 06/30/2024.
    View Larger Chart
    CGCP
    Bloomberg U.S. Aggregate Index
    52005

    Yield

    distRate12M
    12-month Distribution Rates 9
    NAV
    30-day SEC Yield
    Fund at NAV
    5.30%5.78%
    As of 06/30/2024 (updated monthly).

    portMgrName
    Portfolio Management1

    • Years of Experience with Fund
    • Years of Experience with Capital Group
    • Years of Experience with Investment Industry
    Xavier Goss
    2
    3
    20
    David Hoag
    2
    32
    36
    Damien McCann
    2
    24
    John Queen
    1
    22
    34

    A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

    Portfolio managers as of the most recent prospectus. Portfolio managers' years of experience are as of the previous calendar year end.

    Ratings & Risk

    Morningstar Rating
    10

    Category
    MorningstarCategory
    Intermediate Core-Plus Bond

    qualitySummary
    Quality Summary

    Read important investment disclosures

    U.S. Treasuries/Agencies
    16.2%
    AAA/Aaa
    32.5%
    AA/Aa
    5.1%
    A
    12.0%
    BBB/Baa
    13.7%
    BB/Ba
    9.1%
    B
    4.3%
    CCC & Below
    0.5%
    Unrated
    5.8%
    Other
    0.0%
    fixedIncomeCash
    Cash & equivalents 6
    0.9%
    % of net assets as of 06/30/2024 (updated monthly)

    Average Life Breakdown

    0-4.9 Years
    35.7%
    5-9.9 Years
    37.6%
    10-19.9 Years
    16.5%
    20-29.9 Years
    7.3%
    30+ Years
    1.2%
    % of net assets as of 06/30/2024 (updated monthly)

    Holdings

    Bonds Breakdown

    Bond Details

    Total Bond Holdings

    Mortgage-backed obligations
    41.8%
    Corporate bonds, notes & loans
    31.5%
    U.S. Treasury bonds & notes
    16.1%
    Asset-backed obligations
    6.8%
    Non-U.S. government/agency securities
    1.9%
    Cash & equivalents
    1.7%
    Revenue bonds
    0.2%
    % of net assets as of 06/30/2024 (updated monthly)

    Geographic Breakdown

     
    United States
    90.3%
    Other (Including Canada & Latin America)
    4.6%
    Europe
    3.0%
    ALLCTRY_CECTRY
    Cash & equivalents 6
    1.7%
    Asia & Pacific Basin
    0.3%
    % of net assets as of 06/30/2024 (updated monthly)

    Prices & Distributions

    Historical Prices at NAV Month-End
    Historical Prices at NAV Year-End
    No Chart Available.
    Historical Distributions
    as of 07/18/2024
    2018
    Record Date
    Calculated Date
    Pay Date
    Income
    Dividend
    Regular
    NON_DAILY_DIV
    Income
    Dividend
    Special
    NON_DAILY_SP_DIV
    Cap. Gains Long-Term
    CAP_GAIN_PAID
    Cap. Gains Short-Term
    ST_CAP_GAIN_PAID
    02/01/202401/31/202402/02/2024$0.0731$0.00$0.00$0.00
    03/01/202402/29/202403/04/2024$0.0870$0.00$0.00$0.00
    03/28/202403/27/202404/01/2024$0.0932$0.00$0.00$0.00
    05/01/202404/30/202405/02/2024$0.1110$0.00$0.00$0.00
    05/31/202405/31/202406/03/2024$0.1035$0.00$0.00$0.00
    06/27/202406/27/202406/28/2024$0.0851$0.00$0.00$0.00
    2018 Year-to-Date:Dividends Subtotal: $0.553Cap Gains Subtotal: $0.000
    Total Distributions: $0.553

    Expenses

    expRatio
    Expense Ratio2

    CGCP
    0.34%
    Intermediate Core-Plus Bond
    --
    Fund as of most recent prospectus. Morningstar Category as of - (updated -).

    Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Investing for short periods makes losses more likely. Prices and returns will vary, so investors may lose money. View ETF expense ratios and returns. View current ETF SEC yields.
    Market price returns are determined using the official closing price of the fund's shares and do not represent the returns you would receive if you traded shares at other times.
    Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
    Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
    Capital Group exchange-traded funds (ETFs) are actively managed and do not seek to replicate a specific index. ETF shares are bought and sold through an exchange at the then current market price, not net asset value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV when traded on an exchange. Brokerage commissions will reduce returns. There can be no guarantee that an active market for ETFs will develop or be maintained, or that the ETF's listing will continue or remain unchanged.
    Bond ratings, which typically range from AAA/Aaa (highest) to D (lowest), are assigned by credit rating agencies such as Standard & Poor's, Moody's and/or Fitch, as an indication of an issuer's creditworthiness. For most funds, unless otherwise noted below, if agency ratings differ, a security will be considered to have received the highest of those ratings, consistent with applicable investment policies. Securities in the Unrated category have not been rated by a rating agency; however, the investment adviser performs its own credit analysis and assigns comparable ratings that are used for compliance with applicable investment policies.
    Investments in mortgage-related securities involve additional risks, such as prepayment risk.
    The use of derivatives involves a variety of risks, which may be different from, or greater than, the risks associated with investing in traditional securities, such as stocks and bonds.
    Lower rated bonds are subject to greater fluctuations in value and risk of loss of income and principal than higher rated bonds.
    The return of principal for bond funds and for funds with significant underlying bond holdings is not guaranteed. Fund shares are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings.
    Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility. These risks may be heightened in connection with investments in developing countries.
    As nondiversified funds, Capital Group ETFs have the ability to invest a larger percentage of assets in securities of individual issuers than a diversified fund. As a result, a single issuer could adversely affect a fund's results more than if the fund invested a smaller percentage of assets in securities of that issuer. Refer to the applicable prospectus for details.
    There have been periods when the results lagged the index(es) and/or average(s). The indexes are unmanaged and, therefore, have no expenses. Investors cannot invest directly in an index.
    Source: Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively "Bloomberg"). Bloomberg or Bloomberg's licensors own all proprietary rights in the Bloomberg Indices. Neither Bloomberg nor Bloomberg's licensors approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.
    All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
    Portfolios are managed, so holdings will change. Certain fixed income and/or cash and equivalents holdings may be held through mutual funds managed by the investment adviser or its affiliates that are not offered to the public.
    Totals may not reconcile due to rounding.
    Investment results assume all distributions are reinvested and reflect applicable fees and expenses.
    1
    Reflects current team at the time of publication.
    2
    Expense ratios are as of each fund's prospectus available at the time of publication.
    3
    YTD (year-to-date return): For the period from January 1 of the current year to the date shown or from inception date if first offered after January 1 of the current year.
    4
    When applicable, returns for less than one year are not annualized, but calculated as cumulative total returns.
    5
    ETF market price returns since inception are calculated using NAV for the period until market price became available (generally a few days after inception).        
    6
    Includes cash, short-term securities, other assets less liabilities, accruals, derivatives and forwards. It may also include investments in money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
    7
    Read more information about Morningstar Style Box methodology. The model for the fixed-income style box is based on the two pillars of fixed-income performance: interest-rate sensitivity and credit quality. The three interest sensitivity groups are limited, moderate and extensive and the three credit quality groups are high, medium and low. These groupings display a portfolio's effective duration and third party credit ratings to provide an overall representation of the fund's risk orientation given the sensitivity to interest rate and credit rating of bonds in the portfolio.
    8
    The months indicated for dividends and capital gains paid represent the anticipated current year ex-dividend date schedule.
    9
    The SEC yield reflects the rate at which the fund is earning income on its current portfolio of securities while the distribution rate reflects the fund's past dividends paid to shareholders. Accordingly, the fund's SEC yield and distribution rate may differ.
    10
    The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Past results are not a guarantee of results in future periods. The Morningstar Ratings are based on the share classes of each underlying fund held by the series; other underlying fund share classes may have different performance characteristics.
    11
    The information shown does not include cash and cash equivalents. This includes shares of money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
    Use of this website is intended for U.S. residents only. Use of this website and materials is also subject to approval by your home office.
    Effective July 1, 2024, American Funds Distributors, Inc. was renamed Capital Client Group, Inc.
    This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.
    © 2024 Morningstar, Inc. All Rights Reserved. Some of the information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar, its content providers nor Capital Group are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Information is calculated by Morningstar. Due to differing calculation methods, the figures shown here may differ from those calculated by Capital Group.