Capital Group Short Duration Income ETF (CGSD)
Capital Group Short Duration Income ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $25.40, up 0.16% on the session, giving a market capitalisation of $2.32B. Its beta of 0.25 implies it has historically moved less than the broad market.
CGSD is an actively managed ETF that invests in a broad portfolio of bonds, other debt securities, and money market instruments, rated as investment grade. The fund aims to have an average portfolio duration of less than two years but may reach up to three years. CGSD primarily invests in USD-denominated debt issued by government and corporate issuers, MBS, and ABS. It may also allocate assets outside its usual investment segment, such as non-US corporate debt securities and inflation-linked bonds issued by US and non-US governments. The fund is managed by a team of portfolio managers that aims to select attractively priced securities it believes represent good investment opportunities. Securities may be sold if they are no longer perceived to be good investment opportunities.
Capital Group Short Duration Income ETF is most often compared with the following Financial Services names: