Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as $26.74 and last traded at $26.79, with a volume of 1104025 shares. The stock had previously closed at $26.81.
Capital Group U.S. Multi-Sector Income ETF Stock Performance
The business has a 50 day simple moving average of $27.11 and a 200-day simple moving average of $27.33. The stock has a market capitalization of $5.27 billion, a P/E ratio of 10.71 and a beta of 0.29.
Capital Group U.S. Multi-Sector Income ETF Increases Dividend
The company also recently disclosed a monthly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 31st were issued a $0.1595 dividend. This represents a c) annualized dividend and a dividend yield of 7.1%. This is a positive change from Capital Group U.S. Multi-Sector Income ETF’s previous monthly dividend of $0.14. The ex-dividend date was Friday, July 31st.
Institutional Inflows and Outflows
About Capital Group U.S. Multi-Sector Income ETF
The Capital Group U.S. Multi-Sector Income ETF (CGMS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of current income from an actively managed fund of US corporate debts with varying maturities and credit quality. CGMS was launched on Oct 25, 2022 and is managed by Capital Group.
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