The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe. This information provides some indication of the risks of investing in the fund. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund’s investment results can be obtained by visiting capitalgroup.com/etf.
The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe.
Highest/Lowest quarterly results during this period were:
Highest 5.31% (quarter ended September 30, 2024)
Lowest -3.10% (quarter ended December 31, 2024)
| Average annual total returns For the periods ended December 31, 2025: | 1 year | Lifetime |
| Fund (inception date — 9/26/23) | 7.33% | 6.85% |
| − After taxes on distributions | 5.49 | 5.10 |
| − After taxes on distributions and sale of fund shares | 4.31 | 4.50 |
| Indexes | 1 year | Lifetime (since fund’s inception) |
| Bloomberg U.S. Aggregate Index (reflects no deduction for sales charges, account fees, expenses or U.S. federal income taxes) | 7.30% | 6.72% |
After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above.
The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe. This information provides some indication of the risks of investing in the fund. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund’s investment results can be obtained by visiting capitalgroup.com/etf.
The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe.
Highest/Lowest quarterly results during this period were:
Highest 7.05% (quarter ended December 31, 2023)
Lowest -2.61% (quarter ended December 31, 2024)
| Average annual total returns For the periods ended December 31, 2025: | 1 year | Lifetime |
| Fund (inception date — 2/22/22) | 7.44% | 1.85% |
| − After taxes on distributions | 5.22 | –0.09 |
| − After taxes on distributions and sale of fund shares | 4.37 | 0.55 |
| Indexes | 1 year | Lifetime (since fund’s inception) |
| Bloomberg U.S. Aggregate Index (reflects no deduction for sales charges, account fees, expenses or U.S. federal income taxes) | 7.30% | 0.93% |
After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above.
Because the fund has been in operation for less than one full calendar year, information regarding investment results is not available as of the date of this prospectus.
The following bar chart shows the fund’s investment results for its first full calendar year of operations, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe. This information provides some indication of the risks of investing in the fund. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund’s investment results can be obtained by visiting capitalgroup.com/etf.
The following bar chart shows the fund’s investment results for its first full calendar year of operations, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe.
Highest/Lowest quarterly results during this period were:
Highest 2.28% (quarter ended June 30, 2025)
Lowest 0.68% (quarter ended December 31, 2025)
| Average annual total returns For the periods ended December 31, 2025: | 1 year | Lifetime |
| Fund (inception date — 6/25/24) | 4.53% | 4.85% |
| − After taxes on distributions | 2.80 | 3.26 |
| − After taxes on distributions and sale of fund shares | 2.71 | 3.06 |
| Indexes | 1 year | Lifetime (since fund’s inception) |
| Bloomberg U.S. Aggregate Index (reflects no deduction for sales charges, account fees, expenses or U.S. federal income taxes) | 7.30% | 5.59% |
| Bloomberg Global Aggregate ex-USD (USD Hedged) Index (reflects no deduction for sales charges, account fees, expenses or U.S. federal income taxes) | 2.80 | 4.47 |
After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above.
The following bar chart shows the fund’s investment results for its first full calendar year of operations, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe. This information provides some indication of the risks of investing in the fund. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund’s investment results can be obtained by visiting capitalgroup.com/etf.
The following bar chart shows the fund’s investment results for its first full calendar year of operations, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe.
Highest/Lowest quarterly results during this period were:
Highest 3.39% (quarter ended September 30, 2025)
Lowest -0.96% (quarter ended June, 30, 2025)
| Average annual total returns For the periods ended December 31, 2025: | 1 year | Lifetime |
| Fund (inception date — 6/25/24) | 4.40% | 4.74% |
| − After taxes on distributions | 4.40 | 4.74 |
| − After taxes on distributions and sale of fund shares | 4.12 | 4.48 |
| Indexes | 1 year | Lifetime (since fund’s inception) |
| Bloomberg Municipal Bond Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) | 4.25% | 3.63% |
| 70%/20%/10% Bloomberg Muni HY Index/Bloomberg Muni BBB Index/Bloomberg Muni Bond Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) | 3.36 | 3.45 |
After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above.
The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe. This information provides some indication of the risks of investing in the fund. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund’s investment results can be obtained by visiting capitalgroup.com/etf.
The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe.
Highest/Lowest quarterly results during this period were:
Highest 6.41% (quarter ended December 31, 2023)
Lowest -2.31% (quarter ended September 30, 2023)
| Average annual total returns For the periods ended December 31, 2025: | 1 year | Lifetime |
| Fund (inception date — 10/25/22) | 5.23% | 6.22% |
| − After taxes on distributions | 5.23 | 6.22 |
| − After taxes on distributions and sale of fund shares | 4.50 | 5.58 |
| Indexes | 1 year | Lifetime (since fund’s inception) |
| Bloomberg Municipal Bond Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) | 4.25% | 5.21% |
| 85%/15% Bloomberg 1-15 Year Blend (1-17) Municipal Bond Index / Bloomberg 1-15 Year Blend (1-17) High Yield Municipal Bond Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) | 4.95 | 5.03 |
After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above.
The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe. This information provides some indication of the risks of investing in the fund. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund’s investment results can be obtained by visiting capitalgroup.com/etf.
The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe.
Highest/Lowest quarterly results during this period were:
Highest 3.22% (quarter ended September 30, 2024)
Lowest -0.47% (quarter ended June 30, 2023)
| Average annual total returns For the periods ended December 31, 2025: | 1 year | Lifetime |
| Fund (inception date — 10/25/22) | 6.20% | 5.85% |
| − After taxes on distributions | 4.27 | 3.95 |
| − After taxes on distributions and sale of fund shares | 3.64 | 3.66 |
| Indexes | 1 year | Lifetime (since fund’s inception) |
| Bloomberg U.S. Aggregate Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) | 7.30% | 5.55% |
| Bloomberg U.S. Government/Credit 1-3 Year Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) | 5.35 | 4.83 |
After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above.
The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe. This information provides some indication of the risks of investing in the fund. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund’s investment results can be obtained by visiting capitalgroup.com/etf.
The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe.
Highest/Lowest quarterly results during this period were:
Highest 2.62% (quarter ended September 30, 2024)
Lowest -0.27% (quarter ended December 31, 2024)
| Average annual total returns For the periods ended December 31, 2025: | 1 year | Lifetime |
| Fund (inception date — 9/26/23) | 4.67% | 5.53% |
| − After taxes on distributions | 4.67 | 5.53 |
| − After taxes on distributions and sale of fund shares | 4.04 | 5.00 |
| Indexes | 1 year | Lifetime (since fund’s inception) |
| Bloomberg Municipal Bond Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) | 4.25% | 5.58% |
| Bloomberg Municipal Short 1-5 Years Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) | 4.11 | 4.21 |
After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above.
The following bar chart shows the fund’s investment results for its first full calendar year of operations, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe. This information provides some indication of the risks of investing in the fund. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund’s investment results can be obtained by visiting capitalgroup.com/etf.
The following bar chart shows the fund’s investment results for its first full calendar year of operations, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe.
Highest/Lowest quarterly results during this period were:
Highest 1.32% (quarter ended June 30, 2025)
Lowest 1.11% (quarter ended December 31, 2025)
| Average annual total returns For the periods ended December 31, 2025: | 1 year | Lifetime |
| Fund (inception date — 6/25/24) | 4.97% | 5.37% |
| − After taxes on distributions | 3.20 | 3.47 |
| − After taxes on distributions and sale of fund shares | 2.92 | 3.29 |
| Indexes | 1 year | Lifetime (since fund’s inception) |
| Bloomberg U.S. Aggregate Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) | 7.30% | 5.59% |
| ICE BofA 3-Month U.S. Treasury Bill Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) | 4.18 | 4.50 |
After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above.
The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe. This information provides some indication of the risks of investing in the fund. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund’s investment results can be obtained by visiting capitalgroup.com/etf.
The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe.
Highest/Lowest quarterly results during this period were:
Highest 7.21% (quarter ended December 31, 2023)
Lowest -0.46% (quarter ended December 31, 2024)
| Average annual total returns For the periods ended December 31, 2025: | 1 year | Lifetime |
| Fund (inception date — 10/25/22) | 7.88% | 9.53% |
| − After taxes on distributions | 5.27 | 6.91 |
| − After taxes on distributions and sale of fund shares | 4.61 | 6.19 |
| Indexes | 1 year | Lifetime (since fund’s inception) |
| Bloomberg U.S. Aggregate Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) | 7.30% | 5.55% |
| Bloomberg Custom Multi-Sector Composite Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) | 8.19 | 8.91 |
After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above.