CGBL ETF — Capital Group Core Balanced ETF

Capital Group Core Balanced ETF (CGBL)

Updated October 16, 2026.

CGBL is an ETF. its distribution rate is 2.24%, its trailing-12-month yield is 1.96%, its expense ratio is 0.33%. Dividend Vision Distribution Safety Score™ is 98/100 (Safe). Total return is 56.2% over the past 3 years, 28.5 points behind SPY at 84.7%.

Capital Group Core Balanced ETF is an ETF that maintains a balanced allocation across equity securities, debt securities, and cash, typically holding between 50–75% in equities and at least 25% in bonds, with the remainder in money market instruments. The fund carries a modest current distribution rate paid quarterly and has a low expense ratio of 0.33%. It may appeal to investors seeking a balanced approach combining equity exposure with fixed-income stability.

CGBL performance versus SPY

Price and return data through 2026-10-16.

Total return is 56.2% over the past 3 years, 28.5 points behind SPY at 84.7%. Over the past year its total return — price change plus distributions reinvested — is 8.2%. Its deepest 1-year drawdown was 7.9%.

CGBL key facts

Distribution Safety Score™

98 · Safe

Safety-Adjusted Yield

2.20%

Issuer

Capital Group

Asset type

ETF

Asset class

Equity

Inception date

09/26/2023

Expense ratio

0.33%

Distribution rate

2.24%

Distribution frequency

Quarterly

Trailing yield

1.96%

Last close

$36.85 (as of 2026-10-16)

AUM

$7,832,158,602

Average volume

1314469.0

Dividend

$0.206

Ex-dividend date

09/30/2026

Payment date

10/01/2026

Beta

0.97

How Dividend Vision calculates yield and returns

Distribution rate (2.24%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.96%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Capital Group; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CGBL risks and drawbacks

CGBL's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.9%.

Who may consider CGBL — and who may not

CGBL may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (CGBL pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on CGBL

• All tickers starting with C

Frequently asked questions

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