PIMCO Municipal Bond Fund Institutional Class (PFMIX)
| Fund Assets | 4.70B |
| Expense Ratio | 0.44% |
| Min. Investment | $1,000,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.91% |
| Dividend Growth | -2.65% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.49 |
| YTD Return | 1.19% |
| 1-Year Return | 4.73% |
| 5-Year Return | 6.73% |
| 52-Week Low | 8.68 |
| 52-Week High | 9.50 |
| 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 4.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.12%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03136 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03254 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02956 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03365 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03073 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03311 | Aug 29, 2025 |