PIMCO Municipal Bond Fund (PFMIX)
| Fund Assets | 4.17B |
| Expense Ratio | 0.44% |
| Min. Investment | $1,000,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.90% |
| Dividend Growth | -4.48% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.38 |
| YTD Return | 1.13% |
| 1-Year Return | 0.87% |
| 5-Year Return | 5.86% |
| 52-Week Low | 8.98 |
| 52-Week High | 9.63 |
| Beta (5Y) | n/a |
| Holdings | 752 |
| 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.
Performance
PFMIX had a total return of 0.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.58%.
Top 10 Holdings
9.81% of assets| Name | Symbol | Weight |
|---|---|---|
| PIMCO FUNDS - PIMCO PRV SHORT TERM FLT III MUTUAL FUND | n/a | 4.04% |
| DALLAS INDEPENDENT SCHOOL DISTRICT - DALLAS TX INDEP SCH DIST DALSCD 02/55 ADJUSTABLE VAR | TX.DALSCD 02.15.2055 | 0.88% |
| DENTON ESSENTIAL INVESTMENTS PFC - BBRA 7.215 06/02/59 | n/a | 0.79% |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT - SOUTHEAST ENERGY AUTHORITY A C SEEPWR 03/55 ADJUSTABLE VAR | AL.SEEPWR 03.01.2055 | 0.71% |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION - NEW YORK ST TRANSPRTN DEV CORP NYTTRN 12/54 FIXED 5.25 | NY.NYTTRN 5.25 12.31.2054 | 0.59% |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE - HOUSTON TX ARPT SYS REVENUE HOUAPT 07/36 FIXED 5.5 | TX.HOUAPT 5.5 07.15.2036 | 0.59% |
| DADE CNTY FLA SCH DIST - MIAMI DADE CNTY FL SCH DIST MIASCD 03/42 FIXED 4 | n/a | 0.59% |
| CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS - LOS ANGELES CA DEPT OF ARPTS A LOSAPT 05/37 FIXED 5 | CA.LOSAPT 5 05.15.2037 | 0.54% |
| FLORIDA DEVELOPMENT FINANCE CORPORATION - FLORIDA ST DEV FIN CORP FLORIDA DEV FIN CORP | FL.FLSDEV 5.25 07.01.2053 | 0.53% |
| CALIFORNIA HOUSING FINANCE AGENCY - CALIFORNIA HSG FIN AGY LTD OBL CASMFH 03/53 ADJUSTABLE VAR | n/a | 0.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03311 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03161 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03022 | Jun 30, 2025 |
| May 30, 2025 | $0.03131 | May 30, 2025 |
| Apr 30, 2025 | $0.03005 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02758 | Mar 31, 2025 |