PIMCO National Intermediate Municipal Bond Fund Class I-2 (PMNPX)
| Fund Assets | 1.45B |
| Expense Ratio | 0.55% |
| Min. Investment | $1,000,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.48% |
| Dividend Growth | -1.24% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.34 |
| YTD Return | -0.11% |
| 1-Year Return | 4.58% |
| 5-Year Return | 7.58% |
| 52-Week Low | 9.97 |
| 52-Week High | 10.58 |
| Beta (5Y) | n/a |
| Holdings | 517 |
| Inception Date | May 31, 2012 |
About PMNPX
PIMCO National Intermediate Municipal Bond Fund I-2 is an open‑end mutual fund focused on U.S. municipal debt. Its primary objective is to deliver maximum income that is exempt from regular federal income tax, investing at least 80% of assets in municipal securities whose interest is deemed tax‑exempt by bond counsel. The portfolio targets the intermediate segment of the muni market, typically emphasizing durations of roughly four to six years to balance income generation with interest‑rate sensitivity. Managed within the Muni National Intermediate category, the fund diversifies across states and public‑purpose sectors such as general obligation, essential services, transportation, and education to moderate credit and geographic risk. The strategy has been positioned against broad municipal benchmarks, with historical reporting showing competitive long‑term results versus category peers and the Bloomberg Municipal Index. Key structural features include a professional, multi‑manager approach and monthly distribution of tax‑advantaged income, reflecting the fund’s role as a core municipal allocation for investors seeking federally tax‑exempt cash flows within an intermediate duration profile.
Performance
PMNPX had a total return of 4.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.57%.
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 | $0.02883 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03047 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02962 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03092 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02826 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03262 | Oct 31, 2025 |