CGHM - Capital Group Municipal HighIncome ETF Stock Price & Dividend Safety Sector: Financial Services | Exchange: New York Stock Exchange Arca Current Price & Safety Score Price: 24.77 USD StockBonds Safety Grade: Altman Z-Score (Bankruptcy Risk): 0.00 StockBond Score: 0.32 Company Description This exchangetraded 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 taxexempt 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 higheryielding 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 funds investment adviser deems to be of equivalent quality The funds holdings are typically comprised of securities with intermediate to longterm maturities