Capital Group Municipal Income ETF (NYSEARCA:CGMU) to Issue $0.05 Dividend

Capital Group Municipal Income ETF (NYSEARCA:CGMU) announced a dividend on Tuesday, July 30th, NASDAQ reports. Investors of record on Wednesday, July 31st will be paid a dividend of 0.0455 per share on Thursday, August 1st. The ex-dividend date of this dividend is Wednesday, July 31st.

Capital Group Municipal Income ETF Price Performance

CGMU stock traded up $0.02 during midday trading on Wednesday, hitting $27.17. 418,384 shares of the company’s stock were exchanged, compared to its average volume of 546,033. The business has a 50-day simple moving average of $26.93 and a two-hundred day simple moving average of $26.93. Capital Group Municipal Income ETF has a 1-year low of $25.32 and a 1-year high of $27.22.

About Capital Group Municipal Income ETF

The Capital Group Municipal Income ETF (CGMU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal bonds of varying maturities, exempt from regular federal income tax. CGMU was launched on Oct 25, 2022 and is managed by Capital Group.