Personnel turnover limits the appeal of Pimco High Yield Municipal Bond's otherwise knowledgeable and collaborative team, but the approach stands out as thoughtful, repeatable, and effective, earning it a Process rating upgrade to Above Average from Average.
PIMCO High Yield Municipal Bond A PYMAX
- NAV / 1-Day Return 8.50 / +0.16 %
- Total Assets 4.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.900%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.40%
- Effective Duration 6.93 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:16 PM GMT+0
Morningstar’s Analysis PYMAX
Will PYMAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Pimco Fds | 4.50 | 167.8 Mil | Cash and Equivalents |
Offset: Cash | 1.03 | 38.3 Mil | Cash and Equivalents |
GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5% | 1.02 | 38.0 Mil | municipal |
TEXAS WTR DEV BRD REV 4.8% | 0.96 | 35.8 Mil | municipal |
PUERTO RICO COMWLTH 0% | 0.95 | 35.6 Mil | municipal |
NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | 0.90 | 33.5 Mil | municipal |
Cash Offset | 0.89 | 33.0 Mil | — |
SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5.25% | 0.88 | 32.9 Mil | municipal |
AFFORDABLE HSG OPPORTUNITIES TR 3.461% | 0.86 | 31.9 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | 0.85 | 31.6 Mil | municipal |