Personnel turnover limits the appeal of Pimco 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 Municipal Bond Instl PFMIX
- NAV / 1-Day Return 9.37 / +0.01 %
- Total Assets 2.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.470%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.85%
- Effective Duration 6.12 years
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0
Morningstar’s Analysis PFMIX
Will PFMIX 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 −3.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash Offset | 9.18 | 232.1 Mil | — |
Pimco Fds | 7.66 | 193.7 Mil | Cash and Equivalents |
Offset: Cash | 0.94 | 23.8 Mil | Cash and Equivalents |
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 3.65% | 0.93 | 23.4 Mil | Cash and Equivalents |
SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5.25% | 0.86 | 21.9 Mil | municipal |
TEXAS WTR DEV BRD REV 4.875% | 0.86 | 21.7 Mil | municipal |
FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 4.548% | 0.76 | 19.1 Mil | municipal |
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 4.1% | 0.70 | 17.8 Mil | municipal |
MASSACHUSETTS ST 5% | 0.70 | 17.7 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | 0.70 | 17.7 Mil | municipal |