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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

PIMCO High Yield Municipal Bond Fund

PHMIX | Fund

$8.42

$2.67 B

0.00%

0.57%

Vitals

YTD Return

-14.1%

1 yr return

-6.6%

3 Yr Avg Return

2.0%

5 Yr Avg Return

3.6%

Net Assets

$2.67 B

Holdings in Top 10

13.7%

52 WEEK LOW AND HIGH

$8.4
$8.41
$9.99

Expenses

OPERATING FEES

Expense Ratio 0.57%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 34.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

High Yield Muni

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

PIMCO High Yield Municipal Bond Fund

PHMIX | Fund

$8.42

$2.67 B

0.00%

0.57%

PHMIX - Profile

Distributions

  • YTD Total Return -14.1%
  • 3 Yr Annualized Total Return 2.0%
  • 5 Yr Annualized Total Return 3.6%
  • Capital Gain Distribution Frequency Monthly
  • Net Income Ratio 3.28%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    PIMCO High Yield Municipal Bond Fund
  • Fund Family Name
    PIMCO
  • Inception Date
    Jul 31, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Hammer

Fund Description

The fund invests at least 80% of its assets in 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"). It may invest, without limitation, in higher rated Municipal Bonds. The fund may invest up to 30% of its assets in "private activity" bonds whose interest is a tax-preference item for purposes of the federal alternative minimum tax ("AMT").

PHMIX - Performance

Return Ranking - Trailing

Period PHMIX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.1% -23.2% -0.6% 32.43%
1 Yr -6.6% -14.0% 4.4% 24.89%
3 Yr 2.0%* -2.2% 4.1% 11.71%
5 Yr 3.6%* 0.2% 4.7% 11.48%
10 Yr 4.7%* 1.8% 5.9% 12.50%

* Annualized

Return Ranking - Calendar

Period PHMIX Return Category Return Low Category Return High Rank in Category (%)
2021 1.6% -1.9% 5.6% 67.73%
2020 2.3% -10.1% 4.2% 7.80%
2019 6.0% -0.7% 9.1% 26.89%
2018 -2.1% -5.7% 95.6% 41.75%
2017 5.2% -0.7% 8.6% 21.84%

Total Return Ranking - Trailing

Period PHMIX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.1% -23.2% -0.6% 31.53%
1 Yr -6.6% -14.0% 4.3% 20.89%
3 Yr 2.0%* -2.2% 3.6% 9.01%
5 Yr 3.6%* 0.2% 4.7% 9.09%
10 Yr 4.7%* 1.8% 5.9% 11.88%

* Annualized

Total Return Ranking - Calendar

Period PHMIX Return Category Return Low Category Return High Rank in Category (%)
2021 1.6% -1.9% 5.6% 67.73%
2020 2.3% -10.1% 4.2% 7.80%
2019 6.0% -0.7% 9.1% 29.72%
2018 -2.1% -5.7% 95.6% 45.88%
2017 5.2% -0.7% 9.8% 24.71%

NAV & Total Return History

PHMIX - Holdings

Concentration Analysis

PHMIX Category Low Category High PHMIX % Rank
Net Assets 2.67 B 9.79 K 20.2 B 27.23%
Number of Holdings 697 1 3950 39.29%
Net Assets in Top 10 384 M -102 M 3.41 B 27.23%
Weighting of Top 10 13.66% 1.1% 97.0% 45.74%

Top 10 Holdings

  1. 10 Year Treasury Note Future Mar 22 11.00%
  2. 10 Year Treasury Note Future Mar 22 11.00%
  3. 10 Year Treasury Note Future Mar 22 11.00%
  4. 10 Year Treasury Note Future Mar 22 11.00%
  5. 10 Year Treasury Note Future Mar 22 11.00%
  6. 10 Year Treasury Note Future Mar 22 11.00%
  7. 10 Year Treasury Note Future Mar 22 11.00%
  8. 10 Year Treasury Note Future Mar 22 11.00%
  9. 10 Year Treasury Note Future Mar 22 11.00%
  10. 10 Year Treasury Note Future Mar 22 11.00%

Asset Allocation

Weighting Return Low Return High PHMIX % Rank
Bonds 		86.86% 0.00% 146.69% 96.92%
Cash 		13.13% -3.16% 100.00% 3.57%
Stocks 		0.00% 0.00% 5.80% 33.48%
Preferred Stocks 		0.00% -47.61% 0.32% 24.11%
Other 		0.00% 0.00% 0.18% 29.02%
Convertible Bonds 		0.00% 0.00% 0.00% 20.54%

Bond Sector Breakdown

Weighting Return Low Return High PHMIX % Rank
Municipal 		84.73% 0.00% 100.00% 96.43%
Cash & Equivalents 		12.96% 0.00% 100.00% 3.57%
Corporate 		2.11% 0.00% 4.15% 5.36%
Securitized 		0.20% 0.00% 22.44% 1.79%
Derivative 		0.00% 0.00% 0.02% 22.32%
Government 		0.00% 0.00% 0.09% 24.55%

Bond Geographic Breakdown

Weighting Return Low Return High PHMIX % Rank
US 		76.31% 0.00% 139.84% 96.88%
Non US 		10.55% 0.00% 21.09% 12.05%

PHMIX - Expenses

Operational Fees

PHMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.57% 0.05% 2.63% 82.65%
Management Fee 0.55% 0.00% 1.41% 71.81%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.25% 0.02% 0.35% 88.06%

Sales Fees

PHMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

PHMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PHMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 34.00% 2.00% 121.00% 74.16%

PHMIX - Distributions

Dividend Yield Analysis

PHMIX Category Low Category High PHMIX % Rank
Dividend Yield 0.00% 0.00% 13.03% 22.03%

Dividend Distribution Analysis

PHMIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

PHMIX Category Low Category High PHMIX % Rank
Net Income Ratio 3.28% 1.11% 5.70% 43.17%

Capital Gain Distribution Analysis

PHMIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Monthly Annually Annually Annually

Dividend Payout History

View More +

PHMIX - Fund Manager Analysis

Managers

David Hammer

Start Date

Tenure

Tenure Rank

Aug 20, 2015

6.78

6.8%

Mr. Hammer is an executive vice president in the New York office and head of municipal bond portfolio management. He rejoined PIMCO in 2015 from Morgan Stanley, where he was managing director and head of municipal trading, risk management and research. Previously at PIMCO, he was a senior vice president and municipal bond portfolio manager, and prior to joining PIMCO in 2012, he was an executive director and head of the high yield and distressed municipal bond trading group at Morgan Stanley. He has 17 years of investment experience and holds an undergraduate degree from Syracuse University.

Rachel Betton

Start Date

Tenure

Tenure Rank

Jan 03, 2020

2.41

2.4%

Ms. Betton is a senior vice president and municipal bond portfolio manager in the New York office. Prior to joining PIMCO in 2013, she was a municipal high yield and distressed trader at Morgan Stanley. Additionally, she was a public finance banker, focusing on municipal asset-backed securitizations and revenue-backed credits in the Midwest. She has 11 years of investment and financial services experience and holds an undergraduate degree from Wesleyan University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 21.43 7.34 2.52

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