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Investments / Capital Group ETF Conservative Income Model
 

Capital Group ETF Conservative Income Model

Capital Group ETF Conservative Income Model Composite
Summary
 

Capital Group ETF Conservative Income Model

Capital Group ETF Conservative Income Model Composite

Summary

Seeks current income and relatively low-volatility equity exposures through dividend-paying equities and fixed-income securities which may help provide downside resilience.

  • Portfolio Solutions Committee Members 7
  • WAERMP_WAERG
    Weighted Average Expense Ratio (%) 0.31

Underlying Funds

Growth and income
17%
Capital Group Conservative Equity ETF5%
Capital Group Dividend Growers ETF7%
Capital Group Dividend Value ETF5%
Balanced
6%
Capital Group Core Balanced ETF6%
Income
77%
Capital Group Core Bond ETF25%
Capital Group Core Plus Income ETF16%
Capital Group International Bond ETF (USD-Hedged)8%
Capital Group Short Duration Income ETF25%
Capital Group U.S. Multi-Sector Income ETF3%
As of 06/01/2026 (updated daily).
MODEL HISTORICAL ALLOCATIONS
assetMix, UNDFUNDHAFMP

Asset Mix

U.S. Equities
16.7%
Non-U.S. Equities
3.4%
U.S. Bonds
63.1%
Non-U.S. Bonds
14.5%
assetMixCE
Cash Equivalents
2.3%
As of 04/30/2026 (updated monthly)

Market Capitalization

$235,834.64 Mil
Average
mktCapitalizationAvg
80.8%
Large
18.5%
Medium
0.7%
Small
As of 03/31/2026 (updated quarterly).

Description

Objective
Seeks current income and preservation of capital primarily through a diversified portfolio of higher-quality, fixed-income securities and dividend-paying equities utilizing Capital Group ETFs.
Distinguishing Characteristics
Pursues its investment objectives by investing in a mix of Capital Group ETFs in different combinations and weightings.
Types of Investments
The underlying Capital group ETFs represent a variety of fund categories such as bond funds, balanced funds and growth-and-income funds.

Facts

ID
Model Composite Inception
01/31/2025
Companies/Issuers
1325
Holdings are as of 04/30/2026 (updated monthly).
portfolioTurnover
Portfolio Turnover
—%
Holdings are as of — (updated —).
RSG_YTD, RSNF_YTD, RSGA_LT, RSNFA_LT

Returns

  • Month-End Returns as of 04/30/2026
  • Quarter-End Returns as of 03/31/2026
    • Read important investment disclosures
    • ●Composite Gross
    • ●Composite Net
    • ●Index
    Returns table
    STRATEGYYear-to-date1 YearSince inception

    Index data refers to the Conservative Income Model Portfolio Index Blend.

    Model Composite Inception: 01/31/2025.

    Returns greater than one year are annualized.

    Valuation

    Price/ Book tooltip: Price-to-book ratio compares a stock's market value to the value of total assets less total liabilities (book value). Adjusted for stock splits. Price/ Cash Flow tooltip: Price-to-cash-flow (P/C) ratio is the average price to cash flow ratio of the individual stocks within a fund/model. Price/ Earnings tooltip: Price-to-earnings (P/E) ratio takes the current price of a stock divided by its earnings per share. The ratio reflects the cost of a given stock per dollar of current annual earnings and is the most common measure of a stock's expense. The higher the P/E, the more investors are paying, and therefore the more earnings growth they are expecting.
    Model
    		3.510.419.0
    Conservative Income Model Portfolio Index Blend tooltip: The Conservative Income Model Portfolio Index Blend is a composite of the cumulative total returns for the following indexes with their respective weightings: 15% S&P 500 Index, 5% MSCI All Country World Index ex USA, 45% Bloomberg U.S. Aggregate Index and 35% Bloomberg 1-5 Year U.S. Government/Credit A+ Index, effective January 1, 2026; prior to January 1, 2026, the index blend used is: 20% S&P 500 Index, 50% Bloomberg U.S. Aggregate Index and 30% Bloomberg U.S. Government/Credit (1-3 years, ex BBB) Index. The blend is rebalanced monthly. S&P 500 Index is a market-capitalization-weighted index based on the results of approximately 500 widely held common stocks. MSCI All Country World Index ex USA is a free-float-adjusted market-capitalization-weighted index that is designed to measure equity market results in the global developed and emerging markets, excluding the United States. The index consists of more than 40 developed and emergingmarket country indexes. When applicable, results through December 31, 2000, reflect dividends gross of withholding taxes, and dividends net of withholding taxes thereafter. Bloomberg U.S. Aggregate Index represents the U.S. investment-grade fixed-rate bond market. Bloomberg U.S. Government/Credit (1-3 years, ex BBB) Index is a market-valueweighted index that tracks the total return results of fixed-rate publicly placed, dollardenominated obligations issued by the U.S. Treasury, U.S. government agencies and quasifederal corporations; corporate or foreign debt guaranteed by the U.S. government; and U.S. corporate and foreign debentures and secured notes that meet specified maturity, liquidity and quality requirements, with maturities of one to three years, excluding BBBrated securities. Bloomberg 1-5 Year U.S. Government/Credit A+ Index is a market-valueweighted index that tracks the total return results of fixed-rate, publicly placed, dollardenominated obligations issued by the U.S. Treasury, U.S. government agencies and quasifederal corporations; corporate or foreign debt guaranteed by the U.S. government; and U.S. corporate and foreign debentures and secured notes that meet specified maturity, liquidity and quality requirements, with maturities of one to five years, including A-rated securities and above. The indexes are unmanaged, and results include reinvested distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes.
    		5.118.025.2
    Model as of 03/31/2026. Index as of 03/31/2026.

    Portfolio Solutions Committee

    • Years of Experience with Capital Group
    • Years of Experience with Investment Industry
    John Queen
    24
    36
    Wesley Phoa
    27
    33
    Samir Mathur
    13
    33
    Andrew Suzman
    32
    Michelle Black
    24
    31
    Brittain Ezzes
    4
    28
    Damien McCann
    26

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

    Portfolio managers as of 06/02/2026. Portfolio managers' years of experience are as of the previous calendar year end.

    Risk

    Average Life Breakdown

    Read important investment disclosures

    0-4.9 Years
    		64.3%
    5-9.9 Years
    		19.9%
    10-19.9 Years
    		4.6%
    20-29.9 Years
    		5.1%
    30+ Years
    		0.2%
    % of net assets as of 03/31/2026 (updated quarterly)

    qualitySummary
    Quality Summary

    Read important investment disclosures

    AAA/Aaa
    		13.4%
    AA/Aa
    		23.7%
    A
    		24.1%
    BBB/Baa
    		18.2%
    BB/Ba
    		2.9%
    B
    		1.3%
    CCC & Below
    		0.3%
    Unrated
    		4.0%
    U.S. Treasuries/Agencies
    		12.1%
    % of net assets as of 04/30/2026 (updated monthly)
    TTLHLD

    Holdings

    Total Bond Holdings

    Corporate bonds & notes
    		41.1%
    Mortgage-backed obligations
    		27.2%
    Asset-backed obligations
    		12.4%
    U.S. Treasury bonds & notes
    		11.5%
    Non-U.S. government/agency securities
    		8.0%
    General obligations
    		0.0%
    % of net assets as of 03/31/2026 (updated quarterly).

    Go to the underlying fund pages to see detailed holdings information

    Geographic Breakdown

    Regions
    |
    Top Countries
     
    United States
    		79.4%
    Europe
    		9.7%
    Asia & Pacific Basin
    		4.2%
    Other (Including Canada & Latin America)
    		3.6%
    ALLCTRY_CECTRY
    Cash & equivalents
    		3.0%
    % of net assets as of 03/31/2026 (updated quarterly)

    Expenses

    Weighted Average Expense Ratio

    WAERMP_WAERG
    Capital Group ETF Conservative Income Model
    		0.31
    WAERLC_AER
    Lipper Category Weighted Average
    		0.34
    Model as of the underlying funds' most recent prospectuses. Lipper Category as of 03/31/2026 (updated quarterly). The Lipper averages for the underlying funds are CGCV, CGDG, CGDV, CGBL, CGCB, CGCP, CGIB, CGSD and CGMS.

    Resources

    Literature for Capital Group ETF Conservative Income Model
    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.
    Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.