Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Investing for short periods makes losses more likely.

Composite net returns are calculated by deducting from the monthly ["pure"] gross returns a model fee equivalent to an annual 1.5% fee. Actual fees will vary. For information concerning program sponsor fees, contact your financial professional.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Data based on Capital Group Intermediate Municipal SMA composite's representative portfolio, unless otherwise noted.

Bond ratings, which typically range from AAA/Aaa (highest) to D (lowest), are assigned by credit rating agencies such as Standard & Poor's, Moody's and/or Fitch, as an indication of an issuer's creditworthiness. For most funds, unless otherwise noted below, if agency ratings differ, a security will be considered to have received the highest of those ratings, consistent with applicable investment policies. Securities in the Unrated category have not been rated by a rating agency; however, the investment adviser performs its own credit analysis and assigns comparable ratings that are used for compliance with applicable investment policies.

The return of principal for bond portfolios and for portfolios with significant underlying bond holdings is not guaranteed. Investments are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings.

Income from municipal bonds may be subject to state or local income taxes and/or the federal alternative minimum tax. Certain other income, as well as capital gain distributions, may be taxable. 

There have been periods when the results lagged the index(es) and/or average(s). The indexes are unmanaged and, therefore, have no expenses. Investors cannot invest directly in an index.

Source: Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively "Bloomberg"). Bloomberg or Bloomberg's licensors own all proprietary rights in the Bloomberg Indices. Neither Bloomberg nor Bloomberg's licensors approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.

Portfolios are managed, so holdings will change. Holdings mentioned and their results are not representative of other holdings in the portfolio or the portfolio's results.

Totals may not reconcile due to rounding.

Investment results assume all distributions are reinvested and reflect applicable fees and expenses.

Results and results-based figures shown are preliminary and subject to change.

1. Strategy assets data represent the sum of all related funds and SMA portfolios as of the parent fund fiscal year-end.
2. Gross composite results do not reflect the deduction of fees and expenses; results would have been lower if they were subject to fees and expenses.
3. Past results are not predictive of results in future periods.
4. Returns are in USD, are asset weighted, and reflect the reinvestment of dividends, interest and other earnings (net of withholding taxes).
5. Each SMA composite consists of all unrestricted, discretionary SMA portfolios that are managed according to their investment strategies. Information for the composites is listed below.
   
   - Capital Group Intermediate Municipal SMA Composite inception: 03/01/2017
   
   As of 6/1/2019, only unrestricted portfolios are included in composites. Prior to 6/1/2019, both restricted and unrestricted portfolios were included.
6. Specific individual account holdings may vary. As such, this information is presented for illustrative purposes only. Holdings purchased in individual accounts are intended to have similar investment characteristics to the holdings in the model. Holdings purchased are subject to current market availability.
7. May include investments in money market or similar funds managed by a third party or similar investments managed by the investment adviser or its affiliates that are not offered to the public.
8. Based on the representative account for the applicable composite. Refer to composite results disclosures for descriptions of fees used to calculate yield measures shown. Defaults by fixed income issuers would result in different, lower realized yields. Past results are not predictive of results in future periods.
9. Turnover updated quarterly.
10. YTD (year-to-date return): For the period from January 1 of the current year to the date shown or from inception date if first offered after January 1 of the current year.
11. When applicable, returns for less than one year are not annualized, but calculated as cumulative total returns.
12. Reflects current team at the time of publication. Years of experience in industry and Capital Group are as of the most recent year end.
13. The information shown does not include cash and equivalents. Cash and equivalents may include investments in money market or similar funds managed by a third party or similar investments managed by the investment adviser or its affiliates that are not offered to the public.

Use of this website is intended for U.S. residents only. Use of this website and materials is also subject to approval by your home office.

New accounts may require more than 4 - 8 weeks to be fully invested.