PIMCO High Yield Municipal Bond I (PHMIX)
| Fund Assets | 6.26B |
| Expense Ratio | 0.56% |
| Min. Investment | $1,000,000 |
| Turnover | 21.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.57% |
| Dividend Growth | 3.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.45 |
| YTD Return | 3.18% |
| 1-Year Return | 7.78% |
| 5-Year Return | 6.87% |
| 52-Week Low | 8.06 |
| 52-Week High | 8.52 |
| Beta (5Y) | 0.10 |
| Holdings | 969 |
| Inception Date | Jul 31, 2006 |
About PHMIX
PIMCO High Yield Municipal Bond Fund Institutional Class is an open-end mutual fund that focuses on generating high current income that is exempt from federal income tax, with capital appreciation as a secondary goal. The fund primarily invests at least 80% of its assets in a diversified portfolio of U.S. municipal bonds, with an emphasis on the high yield segment of the market—these are typically municipal securities offering higher yields in exchange for greater credit risk. Managed by a seasoned team utilizing a thoughtful and repeatable investment approach, the fund is known for its rigorous credit research and active management strategies. Its portfolio features a blend of intermediate and longer-duration municipal bonds issued by various state and local entities, which may include sectors such as infrastructure, healthcare, education, and transportation. The fund’s institutional class shares are tailored for investors with larger capital allocations and benefit from a below average expense ratio and a substantial asset base. As a result, the fund plays a significant role for institutional investors seeking tax-advantaged income while accepting higher credit risk within the broader fixed income market.
Performance
PHMIX had a total return of 7.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.87%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03254 | Jun 30, 2026 |
| May 29, 2026 | $0.03242 | May 29, 2026 |
| Apr 30, 2026 | $0.03282 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03156 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03116 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03278 | Jan 30, 2026 |