Capital Group U.S. Large Value ETF (CGVV) Stock Price, Quote, News & History | Benzinga

Under normal market conditions, the fund invests at least 80% of its net assets in common stocks and other equity-type securities (including preferred stock, convertible securities and hybrid securities) of large, value companies in the United States. The investment adviser currently defines large companies to be companies whose market capitalizations typically fall within the range of the Russell 1000 Index. As of July 1, 2024, the smallest company for the Russell 1000 Index had a market capitalization of approximately dollar 478 million and the largest company for the Russell 1000 Index had a market capitalization of approximately dollar 3.32 trillion. The market capitalization of the companies included in the Russell 1000 Index will change with market conditions. The investment adviser currently defines value companies to be companies that are included in the Russell 1000 Value Index or appear to be temporarily undervalued by the stock market, but have the potential for capital appreciation across the value spectrum, based on valuation metrics such as adjusted price-to-earnings ratios, price-to-free-cash-flow ratios, price-to-book ratios, and dividend yields. The fund strives to maintain a fully invested portfolio.