MUNI
MUNI
Fund Overview
why invest in this fund
Seeks to provide attractive after tax income
The fund seeks to provide attractive after tax income from a nationally diversified portfolio of primarily intermediate duration, high credit quality bonds, which are exempt from federal tax and in some cases state tax.
Seeks to provide portfolio diversification
The fund seeks to provide portfolio diversification relative to mainstream stocks and bonds.
Leverages PIMCO’s scale and credit resources to find opportunities and reduce transaction costs
The fund seeks to use active management to take advantage of market inefficiencies by leveraging PIMCO’s scale and credit resources to find opportunities and reduce transaction costs for investors.
Portfolio Information
Fund Facts
Price
Fund Information
| Data point name | Data point value |
|---|---|
| TYPE | Active |
| DURATION CATEGORY | Intermediate |
| CUSIP | 72201R866 |
| Inception Date | 11/30/2009 |
| Shares Outstanding | 9,160,000 |
| Total Net Assets | $514,987,736.49 |
| Daily Trading Volume (in shares) | 46,712 |
| Premium/Discount Average (since inception) | 0.01% |
| Premium/Discount Average as of market close | 0.09% |
| Trailing 3 years as of 09/30/2020 | 0.44% |
| As of 09/29/2020 | $56.27 |
| Annualized Volatility | 0.03 |
INDEX INFORMATION
Bloomberg Barclays 1-15 Year Municipal Bond Index
Bloomberg Barclays 1-15 Year Municipal Bond Index consists of a broad selection of investment grade general obligation and revenue bonds of maturities ranging from one year to 17 years. It is an unmanaged index representative of the tax exempt bond market. It is not possible to invest directly in an unmanaged index.
| Data point name | Data point value |
|---|---|
| Index Ticker | LM17TR |
| Inception Date | 07/01/1993 |
| Rebalancing Frequency | Monthly |
|
As of 08/31/2020
|
3.04% |
quarterly trading characteristics
average volume
| in shares | 61,916 |
|---|---|
| in $ | $3,391,785.03 |
bid / ask spread
| in % | 0.27% |
|---|---|
| in $ | $0.15 |
Top Ten Exposure
| Description | % of Assets | Sector | Coupon | Maturity |
|---|---|---|---|---|
| U S TREASURY BILLS | 3.69 | Government | 0.00 | 11/17/2020 |
| CASH MGMT BILL | 3.24 | Government | 0.00 | 01/05/2021 |
| TOB SETTLEMT FING -A | 1.63 | Municipal Bond | 5.00 | 06/01/2035 |
| CHICAGO MIDWAY-B-REF | 1.40 | Municipal Bond | 5.00 | 01/01/2035 |
| U S TREASURY BILLS | 1.15 | Government | 0.00 | 10/22/2020 |
| NYC TRANSITIONAL-B-1 | 1.13 | Municipal Bond | 5.00 | 08/01/2031 |
| DETROIT CITY SD-A | 1.08 | Municipal Bond | 6.00 | 05/01/2029 |
| GEISINGER PA AUTH HLT | 1.07 | Municipal Bond | 5.00 | 02/15/2027 |
| SALES TAX SECURITIZAT | 1.07 | Municipal Bond | 5.00 | 01/01/2028 |
| TEXAS ST -TRANS | 1.00 | Municipal Bond | 4.00 | 08/26/2021 |
Fund Managers
Current holdings are subject to risk. Holdings are subject to change at any time.
Fees & Expenses
| Name | Value |
|---|---|
| Gross Expense Ratio | 0.35% |
Yields & Distributions
Yields
Dividends & Capital Gains Distribution
| Distribution Date | Dist. Nav | Long Term Cap. Gain | Short Term Cap. Gain | Dividend Income | Dist. Total |
|---|---|---|---|---|---|
| 09/01/2020 | 56.15 | - | - | 0.078170 | 0.078170 |
| 08/03/2020 | 56.38 | - | - | 0.087000 | 0.087000 |
| 07/01/2020 | 55.64 | - | - | 0.090000 | 0.090000 |
| 06/01/2020 | 55.25 | - | - | 0.095000 | 0.095000 |
| 05/01/2020 | 53.94 | - | - | 0.095000 | 0.095000 |
| 04/01/2020 | 53.56 | - | - | 0.100000 | 0.100000 |
| 03/02/2020 | 56.26 | - | - | 0.100000 | 0.100000 |
| 02/03/2020 | 55.79 | - | - | 0.105000 | 0.105000 |
| 12/30/2019 | 55.08 | - | - | 0.105000 | 0.105000 |
| 12/11/2019 | 55.17 | 0.000000 | 0.000000 | - | 0.000000 |
| 12/02/2019 | 54.96 | - | - | 0.105000 | 0.105000 |
| 11/01/2019 | 55.03 | - | - | 0.100000 | 0.100000 |
| 10/01/2019 | 55.09 | - | - | 0.110000 | 0.110000 |
| 09/03/2019 | 55.54 | - | - | 0.105000 | 0.105000 |
| 08/01/2019 | 55.03 | - | - | 0.110000 | 0.110000 |
| 07/01/2019 | 54.67 | - | - | 0.110000 | 0.110000 |
| 06/03/2019 | 54.58 | - | - | 0.115000 | 0.115000 |
| 05/01/2019 | 53.94 | - | - | 0.115000 | 0.115000 |
| 04/01/2019 | 53.80 | - | - | 0.115000 | 0.115000 |
| 03/01/2019 | 53.29 | - | - | 0.125000 | 0.125000 |
| 02/01/2019 | 53.14 | - | - | 0.130000 | 0.130000 |
| 12/28/2018 | 52.75 | - | - | 0.100000 | 0.100000 |
| 12/12/2018 | 52.56 | 0.000000 | 0.000000 | - | 0.000000 |
| 12/03/2018 | 52.32 | - | - | 0.130000 | 0.130000 |
| 11/01/2018 | 51.94 | - | - | 0.120000 | 0.120000 |
| 10/01/2018 | 52.36 | - | - | 0.110000 | 0.110000 |
| 09/04/2018 | 52.74 | - | - | 0.114000 | 0.114000 |
| 08/01/2018 | 52.73 | - | - | 0.110000 | 0.110000 |
| 07/02/2018 | 52.73 | - | - | 0.114000 | 0.114000 |
| 06/01/2018 | 52.74 | - | - | 0.113000 | 0.113000 |
| 05/01/2018 | 52.43 | - | - | 0.113000 | 0.113000 |
| 04/02/2018 | 52.70 | - | - | 0.110000 | 0.110000 |
| 03/01/2018 | 52.75 | - | - | 0.112000 | 0.112000 |
| 02/01/2018 | 52.94 | - | - | 0.110000 | 0.110000 |
| 12/28/2017 | 53.51 | - | - | 0.105000 | 0.105000 |
| 12/13/2017 | 53.59 | 0.000000 | 0.000000 | - | 0.000000 |
| 12/01/2017 | 53.45 | - | - | 0.107000 | 0.107000 |
| 11/01/2017 | 53.67 | - | - | 0.104000 | 0.104000 |
| 10/02/2017 | 53.66 | - | - | 0.107000 | 0.107000 |
| 09/01/2017 | 53.92 | - | - | 0.104000 | 0.104000 |
| 08/01/2017 | 53.63 | - | - | 0.107000 | 0.107000 |
| 07/03/2017 | 53.38 | - | - | 0.109000 | 0.109000 |
| 06/01/2017 | 53.61 | - | - | 0.107000 | 0.107000 |
| 05/01/2017 | 53.07 | - | - | 0.105000 | 0.105000 |
| 04/03/2017 | 52.85 | - | - | 0.105000 | 0.105000 |
| 03/01/2017 | 52.66 | - | - | 0.108000 | 0.108000 |
| 02/01/2017 | 52.59 | - | - | 0.105000 | 0.105000 |
| 12/28/2016 | 52.35 | - | - | 0.100000 | 0.100000 |
| 12/14/2016 | 52.47 | 0.000000 | 0.000000 | - | 0.000000 |
| 12/01/2016 | 52.09 | - | - | 0.100000 | 0.100000 |
| 11/01/2016 | 54.16 | - | - | 0.094000 | 0.094000 |
| 10/03/2016 | 54.73 | - | - | 0.100000 | 0.100000 |
| 09/01/2016 | 54.94 | - | - | 0.103000 | 0.103000 |
| 08/01/2016 | 54.93 | - | - | 0.107000 | 0.107000 |
| 07/01/2016 | 55.05 | - | - | 0.107000 | 0.107000 |
| 06/01/2016 | 54.38 | - | - | 0.103000 | 0.103000 |
| 05/02/2016 | 54.44 | - | - | 0.107000 | 0.107000 |
| 04/01/2016 | 54.25 | - | - | 0.102000 | 0.102000 |
| 03/01/2016 | 54.17 | - | - | 0.107000 | 0.107000 |
| 02/01/2016 | 54.31 | - | - | 0.110000 | 0.110000 |
| 12/29/2015 | 53.74 | - | - | 0.105000 | 0.105000 |
| 12/09/2015 | 53.69 | 0.000000 | 0.000000 | - | 0.000000 |
| 12/01/2015 | 53.62 | - | - | 0.105000 | 0.105000 |
| 11/02/2015 | 53.44 | - | - | 0.105000 | 0.105000 |
| 09/30/2015 | 53.25 | - | - | 0.100000 | 0.100000 |
| 08/31/2015 | 52.99 | - | - | 0.096000 | 0.096000 |
| 07/31/2015 | 52.99 | - | - | 0.094000 | 0.094000 |
| 06/30/2015 | 52.84 | - | - | 0.094000 | 0.094000 |
| 05/29/2015 | 53.03 | - | - | 0.094000 | 0.094000 |
| 04/30/2015 | 53.34 | - | - | 0.098000 | 0.098000 |
| 03/31/2015 | 53.73 | - | - | 0.100000 | 0.100000 |
| 02/27/2015 | 53.65 | - | - | 0.100000 | 0.100000 |
| 01/30/2015 | 54.39 | - | - | 0.096000 | 0.096000 |
| 12/29/2014 | 53.48 | - | - | 0.094000 | 0.094000 |
| 12/10/2014 | 53.68 | 0.000000 | 0.000000 | - | 0.000000 |
| 11/28/2014 | 53.51 | - | - | 0.092000 | 0.092000 |
| 10/31/2014 | 53.56 | - | - | 0.085000 | 0.085000 |
| 09/30/2014 | 53.44 | - | - | 0.085000 | 0.085000 |
| 08/29/2014 | 53.56 | - | - | 0.085000 | 0.085000 |
| 07/31/2014 | 53.17 | - | - | 0.082000 | 0.082000 |
| 06/30/2014 | 53.17 | - | - | 0.077000 | 0.077000 |
| 05/30/2014 | 53.26 | - | - | 0.080000 | 0.080000 |
| 04/30/2014 | 52.89 | - | - | 0.081000 | 0.081000 |
| 03/31/2014 | 52.54 | - | - | 0.087000 | 0.087000 |
| 02/28/2014 | 52.81 | - | - | 0.087000 | 0.087000 |
| 01/31/2014 | 52.48 | - | - | 0.090000 | 0.090000 |
| 12/27/2013 | 51.87 | - | - | 0.094000 | 0.094000 |
| 12/11/2013 | 52.02 | 0.000000 | 0.000000 | - | 0.000000 |
| 11/29/2013 | 52.09 | - | - | 0.097000 | 0.097000 |
| 10/31/2013 | 52.36 | - | - | 0.093000 | 0.093000 |
| 09/30/2013 | 52.16 | 0.000000 | 0.000000 | 0.090000 | 0.090000 |
| 08/30/2013 | 51.27 | - | - | 0.090000 | 0.090000 |
| 07/31/2013 | 51.79 | - | - | 0.100000 | 0.100000 |
| 06/28/2013 | 52.06 | - | - | 0.106000 | 0.106000 |
| 05/31/2013 | 53.70 | - | - | 0.105000 | 0.105000 |
| 04/30/2013 | 54.70 | - | - | 0.105000 | 0.105000 |
| 03/28/2013 | 54.14 | - | - | 0.105000 | 0.105000 |
| 02/28/2013 | 54.40 | - | - | 0.105000 | 0.105000 |
| 01/31/2013 | 54.34 | - | - | 0.100000 | 0.100000 |
| 12/27/2012 | 54.27 | - | - | 0.098000 | 0.098000 |
| 12/12/2012 | 54.87 | 0.012742 | 0.057407 | - | 0.070149 |
| 11/30/2012 | 55.25 | - | - | 0.097000 | 0.097000 |
| 10/31/2012 | 54.41 | - | - | 0.097000 | 0.097000 |
| 09/28/2012 | 54.48 | - | - | 0.095000 | 0.095000 |
| 08/31/2012 | 54.22 | - | - | 0.095000 | 0.095000 |
| 07/31/2012 | 54.32 | - | - | 0.092000 | 0.092000 |
| 06/29/2012 | 53.70 | - | - | 0.095000 | 0.095000 |
| 05/31/2012 | 53.89 | - | - | 0.100000 | 0.100000 |
| 04/30/2012 | 53.68 | - | - | 0.100000 | 0.100000 |
| 03/30/2012 | 53.14 | - | - | 0.093000 | 0.093000 |
| 02/29/2012 | 53.75 | - | - | 0.091240 | 0.091240 |
| 01/31/2012 | 53.71 | - | - | 0.110000 | 0.110000 |
| 12/28/2011 | 52.92 | - | - | 0.080000 | 0.080000 |
| 12/07/2011 | 52.67 | 0.020378 | 0.042723 | - | 0.063101 |
| 11/30/2011 | 52.32 | - | - | 0.108730 | 0.108730 |
| 10/31/2011 | 52.03 | - | - | 0.108000 | 0.108000 |
| 09/30/2011 | 52.49 | - | - | 0.100470 | 0.100470 |
| 08/31/2011 | 52.48 | - | - | 0.126240 | 0.126240 |
| 07/29/2011 | 51.84 | - | - | 0.072470 | 0.072470 |
| 06/30/2011 | 51.44 | - | - | 0.099120 | 0.099120 |
| 05/31/2011 | 51.43 | - | - | 0.099760 | 0.099760 |
| 04/29/2011 | 50.86 | - | - | 0.091040 | 0.091040 |
| 03/31/2011 | 50.26 | - | - | 0.091720 | 0.091720 |
| 02/28/2011 | 50.40 | - | - | 0.099420 | 0.099420 |
| 01/31/2011 | 50.10 | - | - | 0.096500 | 0.096500 |
| 12/29/2010 | 50.32 | - | - | 0.115170 | 0.115170 |
| 12/08/2010 | 50.85 | 0.000000 | 0.085510 | - | 0.085510 |
| 11/30/2010 | 51.29 | - | - | 0.114310 | 0.114310 |
| 10/29/2010 | 51.94 | - | - | 0.095040 | 0.095040 |
| 09/30/2010 | 52.09 | - | - | 0.103290 | 0.103290 |
| 08/31/2010 | 52.47 | - | - | 0.102830 | 0.102830 |
| 07/30/2010 | 51.44 | - | - | 0.099460 | 0.099460 |
| 06/30/2010 | 50.63 | - | - | 0.110560 | 0.110560 |
| 05/28/2010 | 50.58 | - | - | 0.082880 | 0.082880 |
| 04/30/2010 | 50.19 | - | - | 0.090440 | 0.090440 |
| 03/31/2010 | 49.87 | - | - | 0.089000 | 0.089000 |
| 02/26/2010 | 50.45 | - | - | 0.094890 | 0.094890 |
| 01/29/2010 | 50.01 | - | - | 0.098510 | 0.098510 |
| 12/29/2009 | 49.79 | - | - | 0.046990 | 0.046990 |
| 12/16/2009 | 49.92 | 0.000000 | 0.000000 | - | 0.000000 |
Yield to Maturity (YTM) is the estimated total return of a bond if held to maturity. YTM accounts for the present value of a bond's future coupon payments.
PIMCO calculates a Fund's Estimated Yield to Maturity by averaging the yield to maturity of each security held in the Fund on a market weighted basis. PIMCO pulls each security's yield to maturity from PIMCO's Portfolio Analytics database. In general, the calculation will incorporate the yield based on the notional value of all derivative instruments held by a Fund.
The 30 day SEC Yield is computed under an SEC standardized formula based on net income earned over the past 30 days.
The Subsidized yield includes contractual expense reimbursements and it would be lower without those reimbursements. The Unsubsidized 30 Day SEC yield excludes contractual expense reimbursements.
The distribution yield is calculated by annualizing actual dividends distributed for the monthly period ended on the most recent monthly distribution date and dividing by the net asset value for the same date. The yield does not include long- or short-term capital gains distributions.
The Fund distributes substantially all of its net investment income to shareholders in the form of dividends. Dividend payments are made through DTC participants and indirect participants to beneficial owners then of record with proceeds received from the Fund.