PIMCO Municipal Bond Instl (PFMIX)

Fund Assets	5.34B
Expense Ratio	0.44%
Min. Investment	$1,000,000
Turnover	56.00%
Dividend (ttm)	0.38
Dividend Yield	4.05%
Dividend Growth	2.98%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.34
YTD Return	1.37%
1-Year Return	6.14%
5-Year Return	6.08%
52-Week Low	9.12
52-Week High	9.57
Beta (5Y)	0.06
Holdings	739
Inception Date	Dec 31, 1997

About PFMIX

PIMCO Municipal Bond Fund Institutional Class is an open-ended mutual fund specializing in municipal fixed income securities. The fund’s principal aim is to generate high current income that is exempt from federal income tax, with the preservation of capital as a core priority and capital appreciation as a secondary objective. Managed by Pacific Investment Management Company LLC, the fund predominantly invests at least 80% of its assets in high-quality, intermediate to long-duration municipal bonds, with the option to hold U.S. government securities and money market instruments for additional flexibility. It diversifies across numerous sectors and regions, allocating primarily to debt instruments issued by state and local governments and related agencies. The fund is designed for institutional investors seeking tax-advantaged income and is recognized for its thoughtful and disciplined approach to municipal bond investing. Its net assets rank in the billions, and it is noted for a moderate credit quality and interest rate sensitivity. The fund benchmarks its performance against key municipal bond indices, underlining its role as a significant option for those focused on tax-exempt income in the broader municipal bond market.

• Fund Family: PIMCO
• Category: Muni National Long
• Performance Rating: High
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PFMIX
• Share Class: Institutional
• Index: Bloomberg Municipal Bond TR

Performance

PFMIX had a total return of 6.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.67%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PMUPX	I-2	0.54%
PMUNX	I-3	0.59%
PMLAX	A	0.75%
PMLCX	C	1.25%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03306	Jul 31, 2026
Jun 30, 2026	$0.03097	Jun 30, 2026
May 29, 2026	$0.03061	May 29, 2026
Apr 30, 2026	$0.03127	Apr 30, 2026
Mar 31, 2026	$0.03009	Mar 31, 2026
Feb 27, 2026	$0.03115	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 11, 2026

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