PIMCO Municipal Bond Fund Class A (PMLAX)
| Fund Assets | 4.92B |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.54% |
| Dividend Growth | 2.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 9.44 |
| YTD Return | 1.63% |
| 1-Year Return | 7.29% |
| 5-Year Return | 6.02% |
| 52-Week Low | 9.05 |
| 52-Week High | 9.57 |
| Beta (5Y) | n/a |
| Holdings | 739 |
| 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 7.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.39%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.50% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.43% |
Top 10 Holdings
19.05% of assets| Name | Symbol | Weight |
|---|---|---|
| PIMCO FUNDS - PIMCO PRV SHORT TERM FLT III MUTUAL FUND | n/a | 8.56% |
| UNITED STATES GOVT - US TREASURY N/B 02/28 3.375 | T.3.375 02.29.28 | 2.51% |
| UNITED STATES GOVT - US TREASURY N/B 02/31 3.5 | T.3.5 02.28.31 | 1.97% |
| UNITED STATES GOVT - US TREASURY N/B 04/31 4.625 | T.4.625 04.30.31 | 1.33% |
| UNITED STATES GOVT - US TREASURY N/B 02/31 4.25 | T.4.25 02.28.31 | 0.98% |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY - ARKANSAS DEV FIN AUTH ENVIRONM ARSDEV 09/46 ADJUSTABLE VAR | AR.ARSDEV 09.01.2046 | 0.85% |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY - BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/55 FIXED 5 | OH.BUCGEN 5 06.01.2055 | 0.77% |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE - PUERTO RICO SALES TAX FING COR PRCGEN 07/46 ZEROCPNOID 0 | PR.PRCGEN 0 07.01.2046 | 0.73% |
| TEXAS TRANSPORTATION FINANCE CORP - TEXAS ST TRANSPRTN FIN CORP SH TTFTRN 10/50 FIXED 5 | TX.TTFTRN 5 10.01.2050 | 0.68% |
| DENTON ESSENTIAL INVESTMENTS PFC - BONNIE BRAE FIXED TERM LOAN | n/a | 0.66% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.02815 | May 29, 2026 |
| Apr 30, 2026 | $0.02888 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02769 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02889 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02887 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02999 | Dec 31, 2025 |