Capital Group Dividend Value ETF

Capital Group Dividend Value ETF (CGDV) is an actively managed fund—its managers pick stocks rather than track an index—seeking dividend income plus growth from large, mostly US companies. Despite the "dividend value" name, its three largest of 52 holdings on August 31, 2026, were technology companies Microsoft, NVIDIA and Broadcom, and it yielded 1.22% as of October 27, 2026. Its 0.33% annual fee is above the 0.24% average of similar funds.

• Over the year to Nov 2, 2026, CGDV returned +15.6%, 1st of 9 among similar funds.
• Its worst full calendar year was 2024 (+20.1%); its best was 2023 (+28.8%).
• The deepest fall in its price history was 21.8% (Mar 29, 2022 to Sep 30, 2022), recovered by Jun 2, 2023.

As of Aug 31, 2026, the fund held 52 securities; the ten largest made up 41.98% of assets.

By sector

• Over the three months to Aug 31, 2026, investors added a net $2.47B (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +1.97%, +0.45%, +0.81%.

CGDV does not track an index. Capital Group's managers pick stocks, aiming for income above the average yield on US stocks plus long-term growth. At least 80% of assets go into dividend-paying stocks, judged partly on dividend yield and history. The fund mainly owns larger US companies with market values above $4.0 billion. It ordinarily keeps at least 90% of its stock holdings in companies rated investment grade, a sign of relatively low credit risk, or judged equivalent by the adviser. Up to 10% can go to larger companies based abroad.

Capital Group splits the portfolio into segments, each run by a different manager. The managers look for attractively valued companies with good long-term prospects and drop holdings that no longer look attractive. Position sizes reflect their judgment, not a formula. Turnover, the share of the portfolio replaced over a year, was 24%, according to the prospectus filed July 31, 2026. As of August 31, 2026, the fund held 52 stocks, with 42% of assets in the top 10.

Shares trade on an exchange at market prices that can differ from net asset value (NAV), the per-share value of the holdings. The fund uses no leverage, held no derivatives as of August 31, 2026, and pays dividends quarterly.

• CGDV charges 0.33% a year, versus an average of 0.24% for the similar funds below (6th of 9, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $34 in the first year and $418 over 10 years (assuming a 5% annual return).

It held 52 large, mostly US companies across many sectors as of August 31, 2026, so it works more like a broad stock fund than an income fund.

CGDV's record is short. It launched February 22, 2022, so it missed the 2008 and 2020 crashes and the start of the 2022 market slump. Its deepest drop, 21.8%, ran from March 29 to September 30, 2022; it regained its prior peak on June 2, 2023, about eight months after the low. Its three full calendar years were all gains, the weakest 20.1% in 2024. Anyone drawing money during a slump like 2022 would have had to cash in shares at lower prices.

Income is modest: the fund's quarterly dividends over the past 12 months added up to 1.22% of its share price as of October 27, 2026. Under the SEC's standard example ($10,000 earning 5% a year), costs come to $34 for one year and $418 over 10 years. Past results don't predict future ones, and any plan needs to consider the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.