CGMU vs MNBD

Capital Group Municipal Income ETF compared with ALPS Intermediate Municipal Bond ETF on yield, payout growth, payment schedule, cost and risk.

CGMU

Capital Group Municipal Income ETF

3.44%

TTM yield · Monthly

VS

MNBD

ALPS Intermediate Municipal Bond ETF

3.41%

TTM yield · Monthly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricCGMUMNBD
Share price$26.77$25.38
TTM yield3.44%3.41%
Forward yield3.44%3.41%
Annual payout per share$0.92$0.866
Payment frequencyMonthlyMonthly
Next ex-dateOct 1, 2026 (est.)Sep 17, 2026 (est.)
Expense ratio0.27%0.44%
1-year payout growth+1.4%
5-year payout CAGR
Consecutive years of increases0 years
Payout consistency (last 12)90/10091/100
1-year total return+3.4%+2.9%
1-year price return-0.0%-0.5%
Size (market cap / AUM)6.7B56.9M
Years paying3.84.2
Sector / categoryMuni National IntermMuni National Interm

✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).

$10,000 invested today

CGMUMNBD
Shares373.6394.1
Income per year$344$341
Income per month (avg)$29$28

At forward yields, before taxes. Model CGMU · Model MNBD

Next payments

Ex-datePay datePer shareStatus
CGMU Oct 1, 2026Oct 15, 2026$0.0767Est.
CGMU Nov 1, 2026Nov 15, 2026$0.0767Est.
CGMU Dec 2, 2026Dec 16, 2026$0.0767Est.
MNBD Sep 17, 2026Oct 1, 2026$0.0722Est.
MNBD Oct 15, 2026Oct 29, 2026$0.0722Est.
MNBD Nov 12, 2026Nov 26, 2026$0.0722Est.

Annual payouts per share

CGMUMNBD

Annual dividend per share, CGMU vs MNBD, 2022 to 2026MNBDCGMU$0.00$0.60$1.20CGMU 2022: $0.129MNBD 2022: $0.3512022CGMU 2023: $0.837MNBD 2023: $0.8912023CGMU 2024: $0.866MNBD 2024: $0.9782024CGMU 2025: $0.909MNBD 2025: $0.8632025CGMU 2026 (YTD): $0.606MNBD 2026 (YTD): $0.5692026 YTD

Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.

FAQ

Which has the higher dividend yield, CGMU or MNBD?

CGMU currently has the higher trailing yield: CGMU yields 3.44% and MNBD yields 3.41%. Yield changes daily with price, so check the live figures above.

How often do CGMU and MNBD pay?

CGMU pays every month and MNBD pays every month. CGMU's next ex-date is Oct 1, 2026 and MNBD's is Sep 17, 2026.

Is CGMU or MNBD better for income?

It depends on what you are optimising for. CGMU and MNBD differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.

CGMU dividend history →
MNBD dividend history →

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