(CGHM) Capital Municipal - NYSE

ETF Category: High Yield Muni | Exchange: NYSE (USA) | Market Cap: 3.126m USD | Total Return: 9.1% in 12m

Municipal Bonds, High Yield Debt, Tax-Exempt Securities
Total Rating 66
Safety 72
Buy Signal 0.37
High Yield Muni
Category Rotation: -1.2
TER: 0.34%
AUM: 3.13B
Avg Turnover: 9.70M
Risk 3d forecast
Volatility3.15%
VaR 5th Pctl0.56%
VaR vs Median-1.22%
Reward TTM
Sharpe Ratio1.52
Rel. Str. IBD36.6
Rel. Str. Peer Group78.6
Character TTM
Beta0.080
Beta Downside0.059
Hurst Exponent0.610
Drawdowns 3y
Max DD5.90%
CAGR/Max DD0.93
CAGR/Mean DD4.55

Warnings

No concerns identified

Tailwinds

Supp Ema8

Seasonality

Coming soon
Description: CGHM Capital Municipal

The Capital Group Municipal High-Income ETF (CGHM) focuses on generating federally tax-exempt income by investing primarily in high-yield municipal debt. Under normal market conditions, the fund allocates at least 80% of its assets to securities exempt from regular federal income tax. The portfolio strategy emphasizes credit risk, requiring a minimum 60% allocation to municipal bonds rated BBB+/Baa1 or lower, or equivalent unrated securities.

The municipal bond sector consists of debt issued by states, cities, and counties to finance public infrastructure projects like schools, highways, and water systems. High-yield municipal funds typically target junk or non-rated bonds, which offer higher interest rates to compensate for increased default risk compared to investment-grade government debt. These instruments are particularly attractive to investors in high tax brackets due to the tax-advantaged status of the interest payments.

For a more granular breakdown of credit quality and historical yields, you can explore the data further on ValueRay. This fund provides a diversified vehicle for accessing the sub-investment grade municipal market, which often exhibits lower correlation to corporate equities and taxable fixed-income assets.

Headlines to Watch Out For
  • High-yield municipal credit spreads tighten as investor appetite for risk increases
  • Federal income tax rate changes influence demand for tax-exempt income
  • Interest rate volatility impacts net asset value of long-duration holdings
  • Lower-rated municipal issuer defaults or credit downgrades affect portfolio performance
What is the price of CGHM shares?

As of June 29, 2026, the stock is trading at USD 25.94 with a total of 324,831 shares traded. Over the past week, the price has changed by +0.39%, over one month by +1.30%, over three months by +3.57% and over the past year by +9.14%.

Current recommended Stop Loss: 25.80 (which is 0.5% or 1.8 ATR below the current price).

Is CGHM a buy, sell or hold?

Capital Municipal has no consensus analysts rating.