PIMCO Intermediate Municipal Bond Active ETF (MUNI)
| Assets | $712.29M |
| NAV | $52.03 |
| Expense Ratio | 0.35% |
| PE Ratio | n/a |
| Shares Out | 13.69M |
| Dividend (ttm) | $0.89 |
| Dividend Yield | 1.71% |
| Ex-Dividend Date | May 2, 2022 |
| 1-Year Return | -8.75% |
| Volume | 139,604 |
| Open | 52.20 |
| Previous Close | 51.49 |
| Day's Range | 51.65 - 51.80 |
| 52-Week Low | 50.90 |
| 52-Week High | 57.13 |
| Beta | 0.04 |
| Holdings | 353 |
| Inception Date | Nov 30, 2009 |
About MUNI
The fund invests at least 80% of its assets in a diversified portfolio of debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax (Municipal Bonds). It may invest 25% or more of its total assets in Municipal Bonds that finance similar projects, such as those relating to education, health care, housing, transportation, and utilities, and 25% or more of its total assets in industrial development bonds.
Top 10 Holdings
22.14% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal Home Loan Banks 0% | FHLBDN 0 05.26.10 | 7.44% |
| United States Treasury Bills 0% | B 0 06.14.22 | 4.42% |
| United States Treasury Bills 0% | B 0 06.23.22 | 2.01% |
| Offset: Cash | N/A | 1.68% |
| United States Treasury Bills 0% | B 0 07.12.22 | 1.63% |
| United States Treasury Bills 0% | B 0 06.30.22 | 1.14% |
| ENLARGED TROY SCH DIST N Y 4% | NY ENTSCD 4 06.08.2023 | 1.00% |
| NEW JERSEY ST TPK AUTH TPK REV 4% | NJ NJSTRN 4 01.01.2034 | 0.95% |
| TOBACCO SETTLEMENT FING CORP RHODE IS 5% | RI TOBGEN 5 06.01.2035 | 0.95% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% | AL BBEUTL 10.01.2052 | 0.93% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 2, 2022 | $0.080 | May 6, 2022 |
| Apr 1, 2022 | $0.070 | Apr 7, 2022 |
| Mar 1, 2022 | $0.070 | Mar 7, 2022 |
| Feb 1, 2022 | $0.070 | Feb 4, 2022 |
| Dec 30, 2021 | $0.080 | Jan 4, 2022 |
| Dec 1, 2021 | $0.080 | Dec 6, 2021 |
News
Trading the tax-free market
Tom Kozlik, HilltopSecurities, joins 'The Exchange' to discuss opportunities in the muni bond market.
Should investors buy the muni bond rout or wait it out?
Michael Zezas, head of U.S. public policy research at Morgan Stanley, joins 'The Exchange' to discuss whether investors should stay away from muni bonds or whether now's the time to pick them up cheaply.
Muni investors especially don't like uncertainty, says HilltopSecurities' Tom Kozlik
Tom Kozlik, head of municipal research at HilltopSecurities, joins 'The Exchange' to discuss outflows in the muni bond market and whether there's more trouble ahead.
Muni Bond ETF Gets Glimmer Of Hope As Fed Extends Buyback Campaign
An ETF that tracks munis, the PIMCO Intermediate Municipal Bond Active (MUNI), climbed 1.1% higher before falling back some after the Fed released news that Friday that it would broaden its asset purcha...
More Fixed-Income Investors Could Seek Out Municipal Bond ETFs in 2020
Investors can still look into municipal bonds and related exchange traded funds as a way to diversify a traditional fixed-income portfolio mix.