PIMCO High Yield Municipal Bond A (PYMAX)
| Fund Assets | 5.38B |
| Expense Ratio | 0.86% |
| Min. Investment | $1,000 |
| Turnover | 21.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 4.06% |
| Dividend Growth | -7.62% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.19 |
| YTD Return | -2.02% |
| 1-Year Return | -1.97% |
| 5-Year Return | 4.56% |
| 52-Week Low | 8.05 |
| 52-Week High | 8.73 |
| Beta (5Y) | n/a |
| Holdings | 916 |
| 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 -1.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.90%.
Top 10 Holdings
14.36% of assets| Name | Symbol | Weight |
|---|---|---|
| PIMCO FUNDS - PIMCO PRV SHORT TERM FLT III MUTUAL FUND | n/a | 6.93% |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY - BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/55 FIXED 5 | OH.BUCGEN 5 06.01.2055 | 1.18% |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE - PUERTO RICO SALES TAX FING COR PRCGEN 07/51 ZEROCPNOID 0 | PR.PRCGEN 0 07.01.2051 | 1.05% |
| PUERTO RICO GOVT - PUERTO RICO CMWLTH PRC 11/51 ADJUSTABLE VAR | PR.PRC 11.01.2051 | 0.92% |
| DENTON ESSENTIAL INVESTMENTS PFC - BBRA 7.215 06/02/59 | n/a | 0.80% |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE - PUERTO RICO SALES TAX FING COR PRCGEN 07/58 FIXED OID 5 | PR.PRCGEN 5 07.01.2058 | 0.78% |
| DOMINION WATER & SANITATION DISTRICT - DOMINION WTR SANTN DIST CO R DOMWTR 12/52 FIXED 5.875 | CO.DOMWTR 5.88 12.01.2052 | 0.77% |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION - NEW YORK ST TRANSPRTN DEV CORP NYTTRN 12/54 FIXED 5.25 | NY.NYTTRN 5.25 12.31.2054 | 0.70% |
| CALIFORNIA HOUSING FINANCE AGENCY - CALIFORNIA HSG FIN AGY LTD OBL CASMFH 03/53 ADJUSTABLE VAR | n/a | 0.63% |
| TEXAS WATER DEVELOPMENT BOARD - TEXAS WTR DEV BRD REVENUE TXSWTR 10/52 FIXED 4.8 | TX.TXSWTR 4.8 10.15.2052 | 0.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03018 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02919 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02812 | Jun 30, 2025 |
| May 30, 2025 | $0.03002 | May 30, 2025 |
| Apr 30, 2025 | $0.02862 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0262 | Mar 31, 2025 |