PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 650 Newport Center Drive Newport Beach CA United States of America 92660
- IPO Date
- Dec 15, 2009
- CIK
- 0001450011
- Website
- pimco.com
- Similar Companies
- Business
- PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) is an actively managed exchange-traded fund that seeks to provide tax-exempt income and capital appreciation through investments primarily in high credit quality, investment-grade U.S. municipal bonds with intermediate-term maturities of one to 15 years, focusing on durations typically between five and ten years; the portfolio includes a diversified selection of over 500 municipal bonds, asset-backed securities, sovereign debt, and mortgage-backed securities, with top holdings representing approximately 11% of assets and emphasizing tax-advantaged fixed income for investors in high tax brackets seeking moderate risk and current income. MUNI operates within the fixed income segment of the municipal bond market, targeting state and local government issuers funding infrastructure, public services, education, and utilities; it distributes monthly dividends, with a trailing twelve-month yield of about 3.3% and assets under management exceeding $2.2 billion as of late 2025. The fund, part of PIMCO ETF Trust, was launched on November 30, 2009, and is managed by PIMCO, with principal operations at 650 Newport Center Drive, Newport Beach, California. In recent developments, PIMCO has pursued strategic reorganizations across its municipal bond offerings, including mergers of closed-end funds such as PMF and PMX into PML, PNF and PYN into PNI, and PCK and PZC into PCQ, completed around August 2025 to enhance operational efficiency, liquidity, and cost reduction for investors; similar consolidations occurred in California municipal funds. PIMCO expanded its active ETF lineup with launches of new products like the Municipal Income Opportunities Active ETF (MINO) in 2021 and global government bond UCITS ETFs (GOVI and EUGO) in December 2025, reflecting a broader push into actively managed fixed income strategies amid evolving market conditions. These initiatives underscore PIMCO's focus on tax efficiency, active credit selection, and adapting to interest rate environments, with MUNI maintaining strong performance relative to peers, delivering annualized returns of approximately 2.7% since inception.