PIMCO High Yield Municipal Bond I-3 (PYMNX)
| Fund Assets | 5.36B |
| Expense Ratio | 0.71% |
| Min. Investment | $1,000,000 |
| Turnover | 21.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 4.28% |
| Dividend Growth | -7.41% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.39 |
| YTD Return | -0.38% |
| 1-Year Return | -1.53% |
| 5-Year Return | n/a |
| 52-Week Low | 8.05 |
| 52-Week High | 8.73 |
| Beta (5Y) | n/a |
| Holdings | 916 |
| Inception Date | n/a |
About PYMNX
PIMCO High Yield Municipal Bond Fund I-3 is a mutual fund designed to deliver high current income that is exempt from federal income tax, with total return as a secondary goal. The fund primarily invests at least 80% of its assets in a diversified portfolio of municipal bonds, specifically targeting securities considered high-yield, or below investment grade, as assessed by the issuer's bond counsel at the time of issuance. By focusing on high-yield municipal bonds, the fund seeks to capitalize on the enhanced income potential relative to higher-rated municipal debt, while also accepting the additional credit risk characteristic of this sector. This fund is particularly relevant for investors concerned with tax-efficient income generation, and its strategy makes it significant within the municipal fixed income space, affecting sectors such as state and local governments, healthcare, infrastructure, and education, which issue the underlying bonds. Managed by PIMCO, a major global fixed income manager, the High Yield Municipal Bond Fund I-3 plays an important role in offering access to a segment of the municipal bond market often overlooked by traditional investment-grade municipal funds, thereby broadening the fixed income landscape for tax-sensitive investors.
Performance
PYMNX had a total return of -1.53% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.11%.
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 | $0.03125 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03023 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0291 | Jun 30, 2025 |
| May 30, 2025 | $0.03111 | May 30, 2025 |
| Apr 30, 2025 | $0.02964 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0272 | Mar 31, 2025 |