PIMCO Municipal Bond A (PMLAX)
| Fund Assets | 4.17B |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.46% |
| Dividend Growth | -4.77% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.38 |
| YTD Return | 1.03% |
| 1-Year Return | 0.61% |
| 5-Year Return | 4.37% |
| 52-Week Low | 8.98 |
| 52-Week High | 9.63 |
| Beta (5Y) | n/a |
| Holdings | 752 |
| Inception Date | Apr 1, 1998 |
About PMLAX
PIMCO Municipal Bond Fund Class A is an open-ended mutual fund focused on providing high current income that is exempt from federal income tax, with preservation of capital as a guiding principle. The fund allocates at least 80% of its assets to debt securities—primarily high-quality municipal bonds—whose interest payments are generally not subject to federal income tax. It may also invest up to 20% in high yield (below investment grade) securities as well as U.S. government securities and money market instruments. This fund serves investors seeking tax-advantaged income, making it particularly relevant for taxable accounts. PIMCO Municipal Bond Fund Class A maintains a diversified portfolio across numerous sectors and issuers, with hundreds of holdings that include general obligation and revenue bonds from a broad range of municipalities and governmental entities across the United States. The fund distributes income monthly and is managed by an experienced fixed income team. Its role in the financial market is to support municipal infrastructure and services by investing in municipal debt, while offering individuals and institutions a way to access federally tax-exempt income with professional management and diversification.
Performance
PMLAX had a total return of 0.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.27%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
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 | $0.03062 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0292 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02797 | Jun 30, 2025 |
| May 30, 2025 | $0.02882 | May 30, 2025 |
| Apr 30, 2025 | $0.02767 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02527 | Mar 31, 2025 |