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Morningstar

PIMCO High Yield Municipal Bond I2 PYMPX Fund Analysis

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

Morningstar’s Analysis PYMPX

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

  • People Pillar

    The People Pillar is our evaluation of the PYMPX 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 PYMPX’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 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.

by Elizabeth Foos
Rated on Published on

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