CSTMX Performance — Capital Group Short-Term Municipal Fund, Share class
Data updated: 2022-09-28
CSTMX returned −2.64% over one year to Jul 2022. The annualised 3-year return is +0.54%. The fund beat its Short-Term Municipal Bond category average: $100 invested three years ago grew to $102, against $101 for the category, and to $97 over one year, against $97. Volatility over the past three years was 1.98% a year. In the 12 months to Jul 2022 the fund lost a net $92.8M, and assets reached $94.56M.
CSTMX Growth of $100
What $100 invested in Capital Group Short-Term Municipal Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Municipal Bond category average over the same months.
| Period | CSTMX | Category average |
|---|---|---|
| 1 year (Aug 2021 – Jul 2022) | $97 | $97 |
| 3 years (Aug 2019 – Jul 2022) | $102 | $101 |
CSTMX Trailing Returns
Total returns to Jul 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −2.64% |
| 3 years (annualised) | +0.54% |
CSTMX Annual Returns
Calendar-year total returns of Capital Group Short-Term Municipal Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Jan–Jul) | −2.36% |
| 2021 | +0.02% |
| 2020 | +3.49% |
| 2019 (Aug–Dec) | +0.55% |
CSTMX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −1.2% | −0.3% | −1.3% | −0.9% | +0.7% | −0.2% | +0.9% | — | — | — | — | — |
| 2021 | +0.3% | −0.5% | +0.2% | +0.2% | 0.0% | +0.1% | +0.2% | −0.1% | −0.2% | −0.1% | +0.1% | +0.1% |
| 2020 | +0.6% | +0.5% | −0.6% | −0.2% | +1.9% | +0.1% | +0.7% | 0.0% | 0.0% | −0.1% | +0.4% | +0.1% |
| 2019 | — | — | — | — | — | — | — | +0.3% | −0.3% | +0.3% | +0.1% | +0.2% |
CSTMX Risk
Risk measures from monthly returns over Aug 2019 – Jul 2022.
- 3-year volatility (annualised): 1.98%
- 3-year Sharpe ratio: -2.00 (vs 4.5% risk-free rate)
- Best month: +1.88% (May 2020)
- Worst month: −1.30% (Mar 2022)
CSTMX Fund Flows
Monthly money in and out of Capital Group Short-Term Municipal Fund, from SEC Form N-PORT.
- 12-month net flow: −$92.8M
- 12-month gross sales (incl. reinvestments): $82.7M
- Sales ÷ redemptions: 0.47×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2022 | $121K | $17.5M | −$17.4M |
| Jun 2022 | $189K | $15.8M | −$15.6M |
| May 2022 | $6.5M | $7.8M | −$1.3M |
| Apr 2022 | $982K | $25.9M | −$24.9M |
| Mar 2022 | $1.3M | $22.2M | −$20.9M |
| Feb 2022 | $2.2M | $13.7M | −$11.5M |
| Jan 2022 | $10.6M | $15.4M | −$4.8M |
| Dec 2021 | $9.7M | $13.3M | −$3.7M |
| Nov 2021 | $14.3M | $19.9M | −$5.6M |
| Oct 2021 | $4.6M | $4.3M | $217K |
| Sep 2021 | $29.3M | $6.0M | $23.3M |
| Aug 2021 | $2.8M | $13.5M | −$10.6M |
CSTMX Assets Under Management
Net assets of Capital Group Short-Term Municipal Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-07-31 | $94.56M |
| 2022-04-30 | $124.10M |
| 2022-01-31 | $185.73M |
| 2021-10-31 | $202.72M |
| 2021-07-31 | $191.08M |
| 2021-04-30 | $204.89M |
| 2021-01-31 | $210.23M |
| 2020-10-31 | $208.23M |
| 2020-07-31 | $190.97M |
| 2020-04-30 | $184.32M |
| 2020-01-31 | $143.82M |
| 2019-10-31 | $127.02M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.