PIMCO National Intermediate Municipal Bond Fund Institutional Class (PMNIX)
| Fund Assets | 1.45B |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.58% |
| Dividend Growth | -1.23% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.34 |
| YTD Return | -0.09% |
| 1-Year Return | 4.67% |
| 5-Year Return | 8.05% |
| 52-Week Low | 9.97 |
| 52-Week High | 10.58 |
| Beta (5Y) | 0.22 |
| Holdings | 517 |
| Inception Date | May 31, 2012 |
About PMNIX
PIMCO National Intermediate Municipal Bond Fund Institutional Class is a U.S. mutual fund focused on tax‑exempt municipal bonds with an intermediate duration profile. The fund seeks maximum income exempt from regular federal income tax while emphasizing capital preservation through diversified exposure to state and local government issuers and revenue-backed projects across sectors such as general obligation, water and sewer, transportation, housing finance, and healthcare. It is categorized within the municipal national intermediate segment, targeting a moderate interest‑rate sensitivity with an effective duration typically around the intermediate range, and maintains below‑average distribution fees and a competitive expense structure for its share class. The strategy invests at least 80% of assets in municipal debt whose interest is federally tax‑exempt and distributes income monthly, aligning with investors who prioritize tax efficiency in fixed income allocations. Managed by PIMCO, the fund leverages institutional research, credit analysis, and active positioning to navigate credit quality and yield opportunities within the U.S. muni market, while its institutional share class features a higher minimum investment reflecting its professional orientation.
Performance
PMNIX had a total return of 4.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.66%.
Top 10 Holdings
18.82% of assets| Name | Symbol | Weight |
|---|---|---|
| Pimco Fds | n/a | 9.99% |
| U S TREASURY REPO | n/a | 1.80% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | AL.BBEUTL 5 10.01.2035 | 1.04% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5% | KY.KYSPWR 5 05.01.2036 | 0.98% |
| FORT BEND TEX INDPT SCH DIST 3.8% | TX.FORSCD 08.01.2055 | 0.95% |
| Offset: Cash | n/a | 0.91% |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV 6% | MI.MISHSG 6 06.01.2056 | 0.84% |
| FEDERAL HOME LN MTG CORP MULTIFAMILY VAR RATE CTFS RELATING TO MUN SECS 0% | OT.FEDMFH 01.25.2043 | 0.80% |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 4.519% | FRETE.2024-ML21 AUS | 0.76% |
| COLORADO ST BRD GOVERNORS UNIV ENTERPRISE SYS REV 2.42% | CO.COSHGR 03.01.2055 | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02969 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03128 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0305 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03183 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02906 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03356 | Oct 31, 2025 |