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PMNAX PIMCO Municipal Bond Admin

  • Fund
  • PMNAX
  • Price as of: Aug 08, 2016
  • $10.10
  • - $0.00
  • - 0.00%
  • Category
  • National Munis

PMNAX - Profile

Vitals

  • YTD Return 2.9%
  • 3 Yr Annualized Return 7.0%
  • 5 Yr Annualized Return 5.8%
  • Net Assets $740 M
  • Holdings in Top 10 19.6%

52 WEEK LOW AND HIGH

$10.10
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.70%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 85.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000,000

IRA

N/A

Investment Themes

CATEGORY

National Munis
  • Fund Type Open End Mutual Fund
  • Investment Style Muni National Long

Distributions

  • YTD Total Return 2.9%
  • 3 Yr Annualized Total Return 7.0%
  • 5 Yr Annualized Total Return 5.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.34%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name PIMCO Municipal Bond Fund
  • Fund Family Name PIMCO
  • Inception Date Sep 30, 1998
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager David Hammer

Fund Description

The fund normally 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 up to 20% of its net assets in U.S. government securities, money market instruments and/or "private activity" bonds.

PMNAX - Performance

Return Ranking - Trailing

Period PMNAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.9% -13.2% 99.4% 10.19% 1
1 Yr 8.9% -5.8% 10.7% 0.98% 1
3 Yr 7.0% * -4.5% 7.0% 0.17% 1
5 Yr 5.8% * -0.7% 5.8% 0.18% 1
10 Yr 3.7% * -0.5% 5.9% 38.83% 2

* Annualized


Return Ranking - Calendar

Period PMNAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 0.6% -8.5% 7.3% 0.51% 1
2015 N/A -10.9% 7.2% N/A N/A
2014 N/A -7.7% 12.0% N/A N/A
2013 N/A -11.9% 5.4% N/A N/A
2012 N/A -7.1% 10.2% N/A N/A

Total Return Ranking - Trailing

Period PMNAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.9% -13.2% 99.4% 10.19% 1
1 Yr 8.9% -8.9% 10.1% 0.65% 1
3 Yr 7.0% * -5.4% 7.0% 0.17% 1
5 Yr 5.8% * -1.6% 5.8% 0.18% 1
10 Yr 3.7% * -0.5% 5.9% 34.03% 2

* Annualized


Total Return Ranking - Calendar

Period PMNAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 0.6% -8.2% 7.3% 2.36% 1
2015 N/A -9.7% 6.9% N/A N/A
2014 N/A -7.7% 17.0% N/A N/A
2013 N/A -11.9% 5.1% N/A N/A
2012 N/A -0.6% 17.8% N/A N/A

NAV & Total Return History

PMNAX - Holdings

Filings data as of: Mar 31, 2016

Concentration Analysis

PMNAX Category Low Category High PMNAX % Rank Quintile
Net Assets 740 M 491 K 56 B 20.29% 3
Number of Holdings 157 1 7001 25.48% 4
Net Assets in Top 10 135 M -162 M 1.43 B 17.10% 3
Weighting of Top 10 19.6% 0.0% 100.0% 11.29% 2

Top 10 Holdings

  1. De Kalb Cnty Ga Wtr & Sew Rev Juni 5.25% 2.54%
  2. Ohio St Wtr Dev Auth 4% 2.26%
  3. Texas Mun Gas Acquisition & Su Sr 6.25% 2.14%
  4. Public Auth 6.5% 2.01%
  5. Buckeye Ohio Tob Settlement Fi To 5.125% 1.98%
  6. Asw R 1ml+250/45213cac5 (0 Price) Boa 1.81%
  7. Jefferson Cnty Ala Swr Rev Swr Rev 6.5% 1.74%
  8. Metropolitan Transn Auth 5% 1.72%
  9. Bay Area Toll Auth 5% 1.68%
  10. California St Pub Wks Brd Leas Lease 5% 1.67%

Asset Allocation

Weighting Category Low Category High PMNAX % Rank Quintile
Bonds
91.96% 0.00% 202.21% 28.02% 5
Cash
8.04% -110.85% 100.00% 4.03% 1
Stocks
0.00% 0.00% 1.02% 0.97% 2
Preferred Stocks
0.00% 0.00% 19.17% 1.94% 2
Other
0.00% -2.77% 30.00% 6.29% 3
Convertible Bonds
0.00% 0.00% 2.30% 0.65% 2

Bond Sector Breakdown

Weighting Category Low Category High PMNAX % Rank Quintile
Municipal
89.51% 0.00% 122.29% 28.55% 5
Cash & Equivalents
8.04% -110.85% 100.00% 4.03% 1
Securitized
0.72% 0.00% 30.04% 1.77% 1
Derivative
0.00% -6.22% 5.74% 0.65% 2
Corporate
0.00% -1.49% 28.60% 4.03% 3
Government
-1.11% -27.41% 117.34% 5.81% 5

Bond Geographic Breakdown

Weighting Category Low Category High PMNAX % Rank Quintile
US
91.96% 0.00% 202.21% 27.58% 5
Non US
0.00% 0.00% 20.20% 11.94% 4

PMNAX - Expenses

Operational Fees

PMNAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.70% 0.09% 4.60% 17.55% 2
Management Fee 0.44% 0.00% 1.00% 2.42% 4
12b-1 Fee 0.25% 0.00% 1.00% 4.41% 2
Administrative Fee 0.24% 0.00% 0.35% 2.17% 5

Sales Fees

PMNAX Fees (% of AUM) Category Low Category High PMNAX Rank Quintile
Front Load N/A 0.50% 5.75% N/A N/A
Deferred Load N/A 0.50% 5.50% N/A N/A

Trading Fees

PMNAX Fees (% of AUM) Category Low Category High PMNAX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover 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.

PMNAX Fees (% of AUM) Category Low Category High PMNAX Rank Quintile
Turnover 85.00% 0.42% 905.27% 2.90% 5

PMNAX - Distributions

Dividend Yield Analysis

PMNAX Category Low Category High PMNAX % Rank Quintile
Dividend Yield 0.3% 0.00% 1.01% 27.57% 3

Dividend Distribution Analysis

PMNAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Quarterly Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

PMNAX Category Low Category High PMNAX % Rank Quintile
Net Income Ratio 3.34% -0.41% 5.26% 8.37% 1

Capital Gain Distribution Analysis

PMNAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

PMNAX - Managers

David Hammer

Manager

Start Date

Aug 20, 2015

Tenure

1.12

Tenure Rank

19.0%

David Hammer is an Executive Vice President, PIMCO. Mr. Hammer is a member of the municipal bond portfolio management team. He rejoined PIMCO in May 2015 after serving as Managing Director and Head of Municipal Trading, Risk Management and Research at Morgan Stanley, and previously he was a Senior Vice President of PIMCO. Prior to joining PIMCO in 2012, he was an Executive Director for Morgan Stanley, where he served as head of the high yield and distressed municipal bond trading group.Mr. Hammer holds a bachelor’s degree from Syracuse University.


Tenure Analysis

Category Low

0.0

Category High

38.1

Category Average

7.76

Category Mode

0.7