Capital Group Core Balanced ETF (CGBL)
Capital Group Core Balanced ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $38.45, up 0.29% on the session, giving a market capitalisation of $7.57B. Its beta of 0.70 implies it has historically moved less than the broad market.
The Capital Group Core Balanced ETF seeks to achieve a comprehensive total return, encompassing both income generation and capital growth, through a diversified investment strategy. A core principle of this fund is the safeguarding of principal for investors over the long term. Its portfolio typically includes a variety of assets such as common and preferred equities, fixed-income instruments like bonds, convertible securities, exchange-traded funds (ETFs), and cash. The fund also maintains the flexibility to allocate up to 15% of its total assets to equity securities issued by companies based outside the United States.
Capital Group Core Balanced ETF is most often compared with the following Financial Services names: