{"url":"https://etfiq.com/funds/cgcp/trading/","section":"funds","title":"CGCP Bid-Ask Spread, Liquidity and NAV Premium | ETFIQ","description":"As of Sep 30, 2026, CGCP\u2019s median bid-ask spread over 30 days was 0.05%. A $10,000 order costs about $2.50 one way.","as_of":"Oct 21, 2026","structured_data":[{"@type":"Dataset","@id":"https://etfiq.com/funds/cgcp/trading/#data","name":"CGCP trading costs and liquidity","description":"As of Sep 30, 2026, CGCP\u2019s median bid-ask spread over 30 days was 0.05%. A $10,000 order costs about $2.50 one way.","url":"https://etfiq.com/funds/cgcp/trading/","dateModified":"2026-10-21","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creditText":"ETFIQ (etfiq.com)","variableMeasured":["30-day median bid-ask spread","Premium or discount to NAV","Capacity","Active authorized participants","IQ Liquidity Score","Cost to trade by order size"],"distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/trading-score.json"}],"publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published"},{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What is CGCP\u2019s bid-ask spread?","acceptedAnswer":{"@type":"Answer","text":"0.05% of the midpoint, the median over the 30 days to Sep 30, 2026, as its issuer states it. Half of it is about 1\u00a2 a share at the Oct 21 close."}},{"@type":"Question","name":"Does CGCP trade at a premium or discount to NAV?","acceptedAnswer":{"@type":"Answer","text":"It closed 0.00% from its NAV on Oct 21, 2026. On 95% of the 5 days to then it was within \u00b10.05%, and it closed more than 1% from NAV on 0 of them."}},{"@type":"Question","name":"Who is the AP for CGCP?","acceptedAnswer":{"@type":"Answer","text":"CGCP\u2019s latest Form N-CEN, for the period ending Dec 31, 2025, lists 21 authorized participants (APs), and 6 created or redeemed shares. The largest were J.P. Morgan Securities LLC (57.6%), Merrill Lynch Professional Clearing Corp. (19.2%), Goldman Sachs & Co. LLC (16.7%) of the dollars its APs created and redeemed."}},{"@type":"Question","name":"Who is the LMM for CGCP?","acceptedAnswer":{"@type":"Answer","text":"CGCP\u2019s lead market maker (LMM) on NYSE Arca is Jane Street Capital, LLC. Lead market maker per NYSE Arca, as of Oct 23, 2026."}},{"@type":"Question","name":"What does it cost to trade $10,000 of CGCP?","acceptedAnswer":{"@type":"Answer","text":"About $2.50 one way, 0.025%: half its 30-day median spread. In and out costs twice that."}},{"@type":"Question","name":"How do I place a limit order for CGCP?","acceptedAnswer":{"@type":"Answer","text":"Set the limit at the midpoint + 1\u00a2 to buy, or the midpoint \u2212 1\u00a2 to sell, in your broker\u2019s quote. At the Oct 21 close of $21.39, that\u2019s $21.40 to buy and $21.38 to sell."}}]},{"@type":"InvestmentFund","@id":"https://etfiq.com/funds/cgcp#fund","name":"Capital Group Core Plus Income ETF","alternateName":"CGCP","url":"https://etfiq.com/funds/cgcp","identifier":[{"@type":"PropertyValue","propertyID":"tickerSymbol","value":"CGCP"}],"mainEntityOfPage":{"@id":"https://etfiq.com/funds/cgcp#webpage"}},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"CGCP","item":"https://etfiq.com/funds/cgcp"},{"@type":"ListItem","position":3,"name":"Trading","item":"https://etfiq.com/funds/cgcp/trading/"}]},{"@type":"WebPage","name":"CGCP Bid-Ask Spread, Liquidity and NAV Premium","description":"As of Sep 30, 2026, CGCP\u2019s median bid-ask spread over 30 days was 0.05%. A $10,000 order costs about $2.50 one way.","url":"https://etfiq.com/funds/cgcp/trading/","dateModified":"2026-10-21","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":5322,"truncated":false,"content":"ETFIQ / CGCP / Trading \n \n As of Oct 21, 2026. Rebuilt every trading night.\n CGCP bid-ask spread and liquidity\n As of Sep 30, 2026, CGCP\u2019s median bid-ask spread over 30 days was 0.05%.\n IQ Liquidity Score\n Not scored, 2 of 6 measured.\n A fixed 0 to 100 scale of trading conditions, the same anchors for every fund; 100 is the easiest to trade. It measures how cheaply and reliably the fund can be bought and sold, not whether to own it. How the score is built \n Cost to trade, 80.1 0.05% median spread, 30 days to Sep 30, 2026 Capacity Not measured: its holdings are bonds, which have no volume source here Price fidelity Not measured: 5 days of closing premium are held, under the 20 needed Primary market, 85.0 6 active dealers of 21; largest 58% of creations and redemptions, N-CEN to Dec 31, 2025 Bad-day behaviour Not measured: 0 of the 10 worst days and 5 other days are held, under the 5 and 60 needed Depth Not measured: needs trade and quote data (Phase 2) \n Cost for your order\n CGCP one-way cost at each order size: half its 30-day median spread to Sep 30, 2026; sizes above $10,000 add an estimate of market impact. Source: ETFIQ. Order Dollars Percent Basis \n $1,000 $0.25 0.025% spread \n $10,000 $2.50 0.025% spread \n Premium or discount to NAV\n Latest close, Oct 21, 2026: 0.00%\n 95% of days within: \u00b10.05%\n Days more than 1% from NAV: 0 of 5\n Widest: \u22120.05%, Oct 20, 2026\n Close against the NAV its issuer struck the same day, 5 days from Sep 30, 2026 to Oct 21, 2026. Source: ETFIQ from the issuer\u2019s NAV and closing price.\n Capacity\n Not measured: its holdings are bonds, which have no volume source here.\n Dealers\n 6 active of 21 authorized participants; the largest did 58% of creations and redemptions, in the year to Dec 31, 2025 (Form N-CEN filed Mar 16, 2026).\n The active authorized participants, largest first, by share of the dollars created and redeemed: J.P. Morgan Securities LLC (57.6%), Merrill Lynch Professional Clearing Corp. (19.2%), Goldman Sachs & Co. LLC (16.7%), Jane Street Capital, LLC (5.9%), RBC Capital Markets, LLC (0.3%), Virtu Americas LLC (0.2%). 15 more were listed and created or redeemed nothing.\n How to trade CGCP\n Order type Limit: midpoint + 1\u00a2 to buy, midpoint \u2212 1\u00a2 to sell. At the Oct 21 close of $21.39, that\u2019s $21.40 to buy and $21.38 to sell. When ETF spreads are usually widest in the first minutes after the open and the last minutes before the close. ETFIQ measures this fund\u2019s own day once it has trade data. Watch The premium. On 95% of days it is within \u00b10.05%; beyond that a buyer pays more, and a seller gets less, than the holdings are worth. Coming with trade data\n Spread through the day, buyers against sellers, an estimate of retail flow, large trades and the closing auction\u2019s share, each once ETFIQ has trade and quote data.\n Questions people ask\n What is CGCP\u2019s bid-ask spread? 0.05% of the midpoint, the median over the 30 days to Sep 30, 2026, as its issuer states it. Half of it is about 1\u00a2 a share at the Oct 21 close. Does CGCP trade at a premium or discount to NAV? It closed 0.00% from its NAV on Oct 21, 2026. On 95% of the 5 days to then it was within \u00b10.05%, and it closed more than 1% from NAV on 0 of them. Who is the AP for CGCP? CGCP\u2019s latest Form N-CEN, for the period ending Dec 31, 2025, lists 21 authorized participants (APs), and 6 created or redeemed shares. The largest were J.P. Morgan Securities LLC (57.6%), Merrill Lynch Professional Clearing Corp. (19.2%), Goldman Sachs & Co. LLC (16.7%) of the dollars its APs created and redeemed. Who is the LMM for CGCP? CGCP\u2019s lead market maker (LMM) on NYSE Arca is Jane Street Capital, LLC. Lead market maker per NYSE Arca, as of Oct 23, 2026. What does it cost to trade $10,000 of CGCP? About $2.50 one way, 0.025%: half its 30-day median spread. In and out costs twice that. How do I place a limit order for CGCP? Set the limit at the midpoint + 1\u00a2 to buy, or the midpoint \u2212 1\u00a2 to sell, in your broker\u2019s quote. At the Oct 21 close of $21.39, that\u2019s $21.40 to buy and $21.38 to sell. Sources and dates\n Spread: Capital Group (fund page), 30 days to Sep 30, 2026 ( the issuer\u2019s page ).\n Premium: ETFIQ, close against the issuer\u2019s NAV, Sep 30, 2026 to Oct 21, 2026.\n Dealers: Form N-CEN, the year to Dec 31, 2025, accession 0001410368-26-026232.\n Where to next\n CGCP fund page ETF trading costs and liquidity Limit orders vs market orders for ETFs Why low volume does not mean illiquid How the IQ Liquidity Score is built Compare CGCP with another fund The score measures trading conditions, not the fund. ETFIQ is an independent publisher, not an adviser, and makes no recommendations. Standards and sources \n Cite this page. ETFIQ, CGCP trading: cost, capacity, premium and dealers, data as of Oct 21, 2026. https://etfiq.com/funds/cgcp/trading/ Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, CGCP trading: cost, capacity, premium and dealers, data as of Oct 21, 2026. https://etfiq.com/funds/cgcp/trading/ APA ETFIQ. (Oct 21, 2026). CGCP trading: cost, capacity, premium and dealers. Retrieved from https://etfiq.com/funds/cgcp/trading/ Markdown [CGCP trading: cost, capacity, premium and dealers (ETFIQ, Oct 21, 2026)](https://etfiq.com/funds/cgcp/trading/)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, CGCP trading: cost, capacity, premium and dealers, data as of Oct 21, 2026. https://etfiq.com/funds/cgcp/trading/"}