Morningstar

PIMCO High Yield Municipal Bond Fund Institutional Class PHMIX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $7.87  /  +0.51 %
  • Fund Size $6.0B
  • Adjusted Expense Ratio 0.550%
  • Net Expense Ratio 0.430%
  • Fee Level: Distribution Below Average
  • Share Class Type Institutional
  • Morningstar Category High Yield Muni
  • Fixed-Income Style Box (Funds) Medium/Extensive
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 4.99%
  • Average Effective Duration 7.41 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PHMIX

Will PHMIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PHMIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PHMIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PHMIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A thorough approach to the high-yield muni market executed by a growing and collaborative team.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

Pimco High Yield Municipal Bond Fund stands out for its thorough and repeatable approach, executed by a skilled and collaborative team.

by Elizabeth Foos
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Portfolio Holdings PHMIX

More PHMIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Pimco Fds

3.55 227M
Cash and Equivalents

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

1.71 109M
municipal

Offset: Cash

1.12 71M
Cash and Equivalents

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

1.08 69M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.90 58M
municipal

PUERTO RICO COMWLTH 0%

0.84 54M
municipal

TEXAS MUN GAS ACQUISITION & SUPPLY CORP V GAS SUPPLY REV 5%

0.84 54M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

0.77 49M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

0.71 45M
municipal

DENTON ESSENTIAL INVTS PFC TEX ESSENTIAL FUNCTION HSG DEV REV 7.215%

0.68 43M
municipal

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