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PIMCO Municipal Bond A PMLAX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See PIMCO Investment Hub

Morningstar’s Analysis PMLAX

Will PMLAX outperform in 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 PMLAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PMLAX 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 PMLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Team churn remains a concern, but the approach here stands out.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

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.

by Elizabeth Foos
Rated on Published on

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