PIMCO High Yield Municipal Bond Fund Class A (PYMAX)
| Fund Assets | 6.25B |
| Expense Ratio | 0.86% |
| Min. Investment | $1,000 |
| Turnover | 21.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 4.07% |
| Dividend Growth | -1.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 8.40 |
| YTD Return | 0.59% |
| 1-Year Return | 3.78% |
| 5-Year Return | 7.25% |
| 52-Week Low | 8.05 |
| 52-Week High | 8.52 |
| Beta (5Y) | n/a |
| Holdings | 937 |
| Inception Date | Jul 31, 2006 |
About PYMAX
PIMCO High Yield Municipal Bond Fund Class A is an actively managed mutual fund focused on delivering high current income that is generally exempt from federal income tax. The fund primarily invests in a diversified portfolio of high-yield municipal bonds, including bonds rated below investment grade and "private activity" municipal securities, which offer higher yields in exchange for increased credit risk. Its portfolio emphasizes exposure to sectors such as state and local government projects, infrastructure, and special taxing authorities, often featuring issuers like municipalities, public utilities, and transportation systems. With an average effective duration in the moderate range and a typical credit quality below BBB, the fund targets investors seeking enhanced tax-advantaged income potential compared to traditional municipal bond funds. The PIMCO High Yield Municipal Bond Fund Class A stands out in the market for its commitment to active management, seeking to capitalize on inefficiencies in the municipal bond market while navigating the unique risks associated with lower-rated municipal debt. It plays a specialized role in income-oriented portfolios by pursuing higher tax-free yields through careful credit selection and rigorous risk oversight.
Performance
PYMAX had a total return of 3.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.20%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.02921 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03064 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0315 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02898 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03275 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02853 | Sep 30, 2025 |