MUNI

PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

$52.46

+0.00%

Market closed. Last update: 11:43 PM ET

📎 Investment Objective

The PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) seeks to provide current income that is exempt from federal income tax, while preserving capital.

Overview

ETF tracking PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

Category Municipal Bonds

Issuer Other

Inception Date 2009-12-01

Market Cap $2.2B

Average Volume N/A

Dividend Yield 2.73%

52-Week Range $50.34 - $52.72

VWAP $52.49

Performance

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Investment Summary

📎 Investment Objective

The PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) seeks to provide current income that is exempt from federal income tax, while preserving capital.

🎯 Investment Strategy

The fund invests primarily in a diversified portfolio of municipal bonds and other municipal securities. The portfolio manager uses active management strategies to construct a portfolio with an intermediate-term average duration, seeking to generate attractive risk-adjusted returns.

✨ Key Features

Actively managed municipal bond fund with an intermediate-term focus
Seeks to provide tax-exempt income while preserving capital
Diversified portfolio of municipal securities across sectors and credit qualities
Managed by PIMCO, a leading fixed income investment manager

⚠️ Primary Risks

Interest rate risk: The fund's value may decline when interest rates rise
Credit risk: The fund is exposed to the risk of default or downgrade of municipal issuers
Liquidity risk: Municipal bonds may have less liquidity than other fixed income sectors
Tax risk: Changes in tax laws could affect the tax-exempt status of municipal bonds

👤 Best For

This ETF may be suitable for investors seeking tax-exempt income and moderate capital appreciation, with a medium-term investment horizon. It may be appropriate as a core fixed income holding in a diversified portfolio.