MINO

PIMCO Municipal Income Opportunities Active ETF

$45.53
+0.00%
Market closed. Last update: 11:38 PM ET

📎 Investment Objective

The PIMCO Municipal Income Opportunities Active ETF seeks to provide current income exempt from federal income tax by investing primarily in a diversified portfolio of municipal bonds.

Overview

ETF tracking PIMCO Municipal Income Opportunities Active ETF

Issuer Other
Inception Date 2021-09-09
Market Cap $357.9M
Average Volume N/A
Dividend Yield 3.03%
52-Week Range $43.42 - $46.07
VWAP $45.57

Performance

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Investment Summary

📎 Investment Objective

The PIMCO Municipal Income Opportunities Active ETF seeks to provide current income exempt from federal income tax by investing primarily in a diversified portfolio of municipal bonds.

🎯 Investment Strategy

The fund's active management approach aims to identify undervalued municipal bonds and take advantage of market opportunities to generate tax-exempt income for investors. The portfolio managers utilize PIMCO's extensive research capabilities and risk management processes to construct a diversified municipal bond portfolio.

✨ Key Features

  • Actively managed municipal bond fund focused on generating tax-exempt income
  • Diversified portfolio of municipal bonds across various sectors and credit qualities
  • Leverages PIMCO's municipal bond expertise and research capabilities
  • Seeks to provide current income exempt from federal income tax

⚠️ Primary Risks

  • Interest rate risk: The value of municipal bonds may decline as interest rates rise
  • Credit risk: The fund is exposed to the risk of default or downgrade of the municipal bonds it holds
  • Liquidity risk: Municipal bonds may experience periods of lower liquidity, which could impact the fund's ability to sell holdings
  • Tax risk: Changes in tax laws or adverse determinations by tax authorities could affect the tax-exempt status of municipal bonds

👤 Best For

The PIMCO Municipal Income Opportunities Active ETF may be suitable for investors seeking tax-exempt income and a diversified municipal bond portfolio managed by an experienced active manager. Investors should have a medium-term investment horizon and be comfortable with the risks associated with municipal bond investments.