Capital Group Short Duration Income ETF to Issue Monthly Dividend of $0.07 (NYSEARCA:CGSD)

Capital Group Short Duration Income ETF (NYSEARCA:CGSD) announced a monthly dividend on Thursday, January 29th. Shareholders of record on Friday, January 30th will be paid a dividend of 0.0736 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Friday, January 30th.

Capital Group Short Duration Income ETF Price Performance

NYSEARCA:CGSD traded down $0.08 during midday trading on Friday, hitting $26.03. The company’s stock had a trading volume of 134,376 shares, compared to its average volume of 539,696. Capital Group Short Duration Income ETF has a fifty-two week low of $25.62 and a fifty-two week high of $26.14. The firm’s 50 day moving average is $26.04 and its 200-day moving average is $26.02.

Capital Group Short Duration Income ETF Company Profile

The Capital Group Short Duration Income ETF (CGSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that invests in a broad portfolio of investment grade bonds, debts, and money market instruments. The average portfolio duration is expected to be less than two years. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.