PIMCO Intermediate Municipal Bond Strategy Fund, formerly, PIMCO Intermediate Municipal Bond ETF (the Fund), seeks to achieve its investment objective by investing at least 80% of its assets in a diversified portfolio of debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax (Municipal Bonds). Municipal Bonds are issued by or on behalf of states and local governments and their agencies, authorities and other instrumentalities. The Fund may only invest in the United States dollar-denominated investment grade debt securities, rated Baa or higher by Moody's, or equivalently rated by S&P or Fitch. It may invest 25% or more of its total assets in Municipal Bonds that finance similar projects, such as those relating to education, health care, housing, transportation and utilities. The Fund's investment advisor is Pacific Investment Management Company LLC (PIMCO).
Basic Details
Issuer PIMCO
Fund NamePIMCO Intermediate Municipal Bond Exchange-Traded Fund
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:MUNI
Inception Date11/30/2009
Fund ManagerJulie Callahan, David Hammer
Phone+1-949-7206000
Fund Focus
Asset ClassFixed Income
BenchmarkNot Applicable
CategoryMunicipals
FocusBroad Municipals
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$376.71 million
Average Daily Volume$29,948.60
Discount/Premium-0.03%
ETF Expenses
Management Fee0.35%
Other Expenses0.00%
Total Expenses0.35%
Fee Waiver0.00%
Net Expenses0.35%
Administrator, Advisor and Custodian
AdministratorState Street Bank and Trust Company
AdvisorPacific Investment Management Company LLC
CustodianState Street Bank and Trust Company
DistributorPIMCO Investments LLC
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerSusquehanna
PIMCO Intermediate Municipal Bond Exchange-Traded Fund (NYSEARCA:MUNI) Frequently Asked Questions
What is PIMCO Intermediate Municipal Bond Exchange-Traded Fund's stock symbol?
PIMCO Intermediate Municipal Bond Exchange-Traded Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "MUNI."
How often does PIMCO Intermediate Municipal Bond Exchange-Traded Fund pay dividends? What is the dividend yield for PIMCO Intermediate Municipal Bond Exchange-Traded Fund?
PIMCO Intermediate Municipal Bond Exchange-Traded Fund declared a monthly dividend on Monday, December 30th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.105 per share on Friday, January 3rd. This represents a $1.26 annualized dividend and a yield of 2.25%. The ex-dividend date is Monday, December 30th. View PIMCO Intermediate Municipal Bond Exchange-Traded Fund's Dividend History.
Has PIMCO Intermediate Municipal Bond Exchange-Traded Fund been receiving favorable news coverage?
News headlines about MUNI stock have trended somewhat negative on Monday, InfoTrie reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PIMCO Intermediate Municipal Bond Exchange-Traded Fund earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for PIMCO Intermediate Municipal Bond Exchange-Traded Fund.
What other stocks do shareholders of PIMCO Intermediate Municipal Bond Exchange-Traded Fund own?
Who are PIMCO Intermediate Municipal Bond Exchange-Traded Fund's major shareholders?
PIMCO Intermediate Municipal Bond Exchange-Traded Fund's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Janney Capital Management LLC (0.43%), Avondale Wealth Management (0.17%), Hanson & Doremus Investment Management (0.14%) and Davis R M Inc. (0.06%).
Which major investors are selling PIMCO Intermediate Municipal Bond Exchange-Traded Fund stock?
MUNI stock was sold by a variety of institutional investors in the last quarter, including Janney Capital Management LLC.
Which major investors are buying PIMCO Intermediate Municipal Bond Exchange-Traded Fund stock?
MUNI stock was purchased by a variety of institutional investors in the last quarter, including Hanson & Doremus Investment Management, Avondale Wealth Management and Davis R M Inc..
How do I buy shares of PIMCO Intermediate Municipal Bond Exchange-Traded Fund?
Shares of MUNI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is PIMCO Intermediate Municipal Bond Exchange-Traded Fund's stock price today?
One share of MUNI stock can currently be purchased for approximately $55.90.
How big of a company is PIMCO Intermediate Municipal Bond Exchange-Traded Fund?
What is PIMCO Intermediate Municipal Bond Exchange-Traded Fund's official website?
How can I contact PIMCO Intermediate Municipal Bond Exchange-Traded Fund?
PIMCO Intermediate Municipal Bond Exchange-Traded Fund's mailing address is 840 NEWPORT CENTER DRIVE, NEWPORT BEACH, CA 92660, United States. The company can be reached via phone at +1-949-7206000.
MarketBeat Community Rating for PIMCO Intermediate Municipal Bond Exchange-Traded Fund (NYSEARCA MUNI)
MarketBeat's community ratings are surveys of what our community members think about PIMCO Intermediate Municipal Bond Exchange-Traded Fund and other stocks. Vote "Outperform" if you believe MUNI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MUNI will underperform the S&P 500 over the long term. You may vote once every thirty days.
