PIMCO Municipal Bond Fund Class C (PMLCX)
| Fund Assets | 4.92B |
| Expense Ratio | 1.25% |
| Min. Investment | $1,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.19% |
| Dividend Growth | 3.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 9.44 |
| YTD Return | 1.42% |
| 1-Year Return | 6.77% |
| 5-Year Return | 3.33% |
| 52-Week Low | 9.05 |
| 52-Week High | 9.57 |
| Beta (5Y) | 0.27 |
| Holdings | 739 |
| Inception Date | Apr 1, 1998 |
About PMLCX
PIMCO Municipal Bond Fund Class C is an open-end mutual fund specializing in tax-exempt fixed income investments. The fund primarily invests at least 80% of its assets in municipal bonds, focusing on securities whose interest payments are exempt from federal income tax. Targeting both income generation and preservation of capital, it often holds a broad portfolio of municipal debt issued by states, local governments, and related agencies across the United States. Notable features include monthly dividend distributions, a relatively low risk profile within the municipal bond category, and below-average performance volatility. The fund also maintains flexibility to allocate up to 20% of its assets to U.S. government securities, money market instruments, or certain taxable municipal securities for diversification and liquidity management. With hundreds of holdings and a long operating history dating back to 1998, it plays a significant role for investors seeking steady, tax-efficient income, especially for those in higher federal tax brackets. Its broad exposure to municipal credits and proactive management underscore its contribution to the national muni long segment of the fixed income market.
Performance
PMLCX had a total return of 6.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.85%.
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 | $0.02416 | May 29, 2026 |
| Apr 30, 2026 | $0.02503 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02383 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02523 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02485 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02587 | Dec 31, 2025 |