# Capital Group Municipal High-Income ETF (CGHM): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/cghm for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Capital Group · Asset class: Fixed Income - Strategy: Thematic · Inception: 2024-06-25 This exchange-traded fund (ETF) aims to generate substantial ongoing income that is exempt from ordinary federal income taxes. Its core investment strategy involves primarily acquiring bonds and notes issued by state, municipal, and public authorities. Typically, a minimum of 80% of its portfolio will be dedicated to these tax-exempt securities, though it retains the flexibility to invest entirely (up to 100%) in bonds whose interest might be subject to the Alternative Minimum Tax (AMT). A key feature of this fund is its emphasis on higher-yielding municipal debt: generally, at least 60% of... ## Key Facts | Metric | Value | |---|---| | Price | $24.70 | | Expense Ratio | 0.34% | | Assets Under Management | $3.68B | | NAV | $24.63 | | Holdings Count | 564 | | Distribution Yield (TTM) | 4.40% | | Annual Distribution (TTM) | $1.09 /share | | Distribution Frequency | Monthly | | 52-Week Range | $23.81 – $30.00 | | Beta | 0.20 | ## Latest Distribution - Amount: $0.0884 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does CGHM invest in? This exchange-traded fund (ETF) aims to generate substantial ongoing income that is exempt from ordinary federal income taxes. Its core investment strategy involves primarily acquiring bonds and notes issued by state, municipal, and public authorities. Typically, a minimum of 80% of its portfolio will be dedicated to these tax-exempt securities, though it retains the flexibility to invest entirely (up to 100%) in bonds whose interest might be subject to the Alternative Minimum Tax (AMT). A key feature of this fund is its emphasis on higher-yielding municipal debt: generally, at least 60% of its assets will be allocated to debt securities rated BBB+ or Baa1 or lower by recognized statistical rating organizations at the time of purchase, or to unrated bonds that the fund's investment adviser deems to be of equivalent quality. The fund's holdings are typically comprised of securities with intermediate to long-term maturities. ### What is the expense ratio of CGHM? Capital Group Municipal High-Income ETF (CGHM) charges an expense ratio of 0.34%. This is the annual fee deducted from fund assets to cover management and operations. ### What is CGHM's dividend yield? CGHM's trailing-twelve-month yield is 4.40%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of CGHM? Effective duration measures CGHM's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. CGHM's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of CGHM? CGHM's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of CGHM? Yield to maturity (YTM) is the total return you'd earn from CGHM if every bond in the portfolio is held to maturity at the current price. CGHM's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does CGHM pay a dividend? Yes, Capital Group Municipal High-Income ETF (CGHM) distributes dividends to shareholders. The trailing-twelve-month yield is 4.40%. Full dividend history is on this page. ### How often does CGHM pay dividends? Capital Group Municipal High-Income ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is CGHM's next ex-dividend date? The most recently announced ex-dividend date for CGHM was 2026-09-29. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will CGHM's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.34% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does CGHM charge its expense ratio? The expense ratio is deducted in tiny daily slices from CGHM's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does CGHM cost more than a fund like VOO? CGHM's strategy (current expense ratio 0.34%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where CGHM sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to CGHM? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as CGHM (0.34%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/cghm - Distribution history: https://www.dividenddata.com/funds/cghm/dividend - Holdings & diversification: https://www.dividenddata.com/funds/cghm/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/cghm/expenses - Peer comparison: https://www.dividenddata.com/funds/cghm/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.