Capital Group U.S. Multi-Sector Income ETF (CGMS)
Capital Group U.S. Multi-Sector Income ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $26.54, down 0.08% on the session, giving a market capitalisation of $5.09B. Its beta of 0.72 implies it has historically moved less than the broad market.
The fund normally invests at least 80% of its assets in the securities of issuers domiciled within the United States. The fund invests primarily in bonds and other debt instruments, which may be represented by derivatives. In seeking to achieve a high level of current income, the fund invests in a broad range of debt securities across the credit spectrum. The fund may invest in debt securities of any maturity or duration. The fund is non-diversified.
Capital Group U.S. Multi-Sector Income ETF is most often compared with the following Financial Services names: