Symmetry Panoramic Municipal Fxd Inc I (SPMFX)
| Fund Assets | 36.22M |
| Expense Ratio | 0.56% |
| Min. Investment | $1,000 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 2.57% |
| Dividend Growth | 22.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.08 |
| YTD Return | 2.16% |
| 1-Year Return | 2.58% |
| 5-Year Return | 4.14% |
| 52-Week Low | 9.74 |
| 52-Week High | 10.09 |
| Beta (5Y) | 0.11 |
| Holdings | 9 |
| Inception Date | Nov 12, 2018 |
About SPMFX
Symmetry Panoramic Municipal Fixed Income Fund Institutional is an actively managed open-end mutual fund focused on tax-exempt fixed income. Its primary objective is to provide current income exempt from U.S. federal personal income tax, implemented through a diversified, multi-strategy approach to municipal bonds that blends exposures across short-, intermediate-, and long-term maturities via underlying mutual funds and ETFs, and may include a measured allocation to lower-rated high-yield municipal debt. The fund targets the S&P Short Term National AMT-Free Municipal Bond Index as a benchmark and maintains a conservative interest-rate stance, with limited duration positioning typical of short muni strategies. The portfolio is concentrated in high-quality municipal credits, with a significant allocation to underlying vehicles from established providers, and an average credit profile around AA alongside a short effective duration profile. Designed for investors seeking federally tax-exempt income with modest price volatility, the fund emphasizes factor-informed portfolio construction and broad diversification across issuers, sectors, and maturities to serve as a core municipal bond holding within taxable fixed-income allocations.
Performance
SPMFX had a total return of 2.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.23%.
Top 10 Holdings
100.35% of assets| Name | Symbol | Weight |
|---|---|---|
| Dimensional National Municipal Bond ETF | DFNM | 20.22% |
| DFA Short Term Municipal Bond I | DFSMX | 13.85% |
| Vanguard Tax-Exempt Bond ETF | VTEB | 12.09% |
| iShares National Muni Bond ETF | MUB | 12.07% |
| Schwab Municipal Bond ETF | SCMB | 11.03% |
| Vanguard Intermediate-Term Tax-Exempt Bond ETF | VTEI | 10.03% |
| iShares Short-Term National Muni Bond ETF | SUB | 10.01% |
| DFA Intermediate-Term Municipal Bd I | DFTIX | 9.95% |
| DWS GOVERNMENT MONEY MARKET SERIES INSTITUTIONAL SHARES | ICAXX | 1.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0211 | Oct 1, 2025 |
| Aug 29, 2025 | $0.0215 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0223 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0207 | Jul 1, 2025 |
| May 30, 2025 | $0.0197 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0207 | May 1, 2025 |