PIMCO High Yield Municipal Bond Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.6%
1 yr return
11.4%
3 Yr Avg Return
-0.2%
5 Yr Avg Return
2.3%
Net Assets
$4.7 B
Holdings in Top 10
13.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.56%
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
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PHMIX - Profile
Distributions
- YTD Total Return 4.6%
- 3 Yr Annualized Total Return -0.2%
- 5 Yr Annualized Total Return 2.3%
- Capital Gain Distribution Frequency Monthly
- Net Income Ratio 3.28%
- Dividend Yield 4.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePIMCO High Yield Municipal Bond Fund
-
Fund Family NamePIMCOFUNDS
-
Inception DateAug 02, 2006
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Hammer
Fund Description
PHMIX - Performance
Return Ranking - Trailing
Period | PHMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.6% | -2.2% | 11.2% | 31.37% |
1 Yr | 11.4% | 1.9% | 21.3% | 34.80% |
3 Yr | -0.2%* | -8.7% | 2.8% | 10.05% |
5 Yr | 2.3%* | -5.1% | 3.7% | 4.57% |
10 Yr | 4.2%* | -0.5% | 155.5% | 5.43% |
* Annualized
Return Ranking - Calendar
Period | PHMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.8% | -6.2% | 7.5% | 22.55% |
2022 | -16.6% | -26.9% | -3.5% | 38.81% |
2021 | 1.6% | -1.9% | 5.6% | 67.68% |
2020 | 2.3% | -4.0% | 4.2% | 8.63% |
2019 | 6.0% | -0.7% | 9.1% | 27.23% |
Total Return Ranking - Trailing
Period | PHMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.6% | -2.2% | 11.2% | 31.37% |
1 Yr | 11.4% | 1.9% | 21.3% | 34.80% |
3 Yr | -0.2%* | -8.7% | 2.8% | 10.05% |
5 Yr | 2.3%* | -5.1% | 3.7% | 4.57% |
10 Yr | 4.2%* | -0.5% | 155.5% | 5.43% |
* Annualized
Total Return Ranking - Calendar
Period | PHMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.4% | -4.1% | 10.9% | 5.88% |
2022 | -12.6% | -26.9% | 4.3% | 29.35% |
2021 | 5.8% | -1.9% | 10.0% | 40.91% |
2020 | 6.5% | -2.6% | 8.2% | 5.58% |
2019 | 10.5% | -0.7% | 1028633.9% | 15.18% |
NAV & Total Return History
PHMIX - Holdings
Concentration Analysis
PHMIX | Category Low | Category High | PHMIX % Rank | |
---|---|---|---|---|
Net Assets | 4.7 B | 9.79 K | 16.6 B | 19.31% |
Number of Holdings | 732 | 1 | 3325 | 32.34% |
Net Assets in Top 10 | 619 M | -102 M | 3.51 B | 18.41% |
Weighting of Top 10 | 13.59% | 4.6% | 98.8% | 48.50% |
Top 10 Holdings
- PIMCO PRV SHORT TERM FLT III MUTUAL FUND 6.32%
- PUERTO RICO SALES TAX FING COR PRCGEN 07/58 FIXED OID 5 1.16%
- PUERTO RICO CMWLTH PRC 11/51 ADJUSTABLE VAR 0.87%
- GDB DEBT RECOVERY AUTH OF CMWL PRCDEV 08/40 FIXED OID 7.5 0.79%
- PUERTO RICO SALES TAX FING COR PRCGEN 07/51 ZEROCPNOID 0 0.77%
- TEXAS WTR DEV BRD ST WTR IMPLE TXSWTR 10/52 FIXED 4.8 0.76%
- NEW YORK ST LIBERTY DEV CORP L NYCDEV 11/44 FIXED 5 0.74%
- CALIFORNIA HSG FIN AGY LTD OBL CASMFH 03/53 ADJUSTABLE VAR 0.74%
- DOMINION WTR SANTN DIST CO R DOMWTR 12/52 FIXED 5.875 0.73%
- SAN DIEGO CNTY CA REGL ARPT AU SDGAPT 07/58 FIXED OID 5.25 0.71%
Asset Allocation
Weighting | Return Low | Return High | PHMIX % Rank | |
---|---|---|---|---|
Bonds | 93.51% | 0.00% | 146.69% | 86.76% |
Cash | 6.47% | -0.64% | 100.00% | 7.46% |
Other | 0.02% | -5.59% | 5.07% | 15.92% |
Stocks | 0.00% | 0.00% | 99.62% | 57.84% |
Preferred Stocks | 0.00% | -47.61% | 0.00% | 40.80% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 35.82% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PHMIX % Rank | |
---|---|---|---|---|
Municipal | 84.73% | 0.00% | 100.00% | 96.52% |
Cash & Equivalents | 6.32% | 0.00% | 100.00% | 5.47% |
Corporate | 2.11% | 0.00% | 2.83% | 4.48% |
Securitized | 0.20% | 0.00% | 22.44% | 1.99% |
Derivative | 0.00% | -7.53% | 2.16% | 42.29% |
Government | 0.00% | 0.00% | 0.09% | 38.81% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PHMIX % Rank | |
---|---|---|---|---|
US | 93.51% | 0.00% | 139.84% | 84.58% |
Non US | 0.00% | 0.00% | 13.35% | 40.30% |
PHMIX - Expenses
Operational Fees
PHMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.56% | 0.22% | 3.44% | 91.63% |
Management Fee | 0.55% | 0.00% | 1.41% | 77.94% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.25% | 0.02% | 0.35% | 90.00% |
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% | 4.00% | 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% | 75.66% |
PHMIX - Distributions
Dividend Yield Analysis
PHMIX | Category Low | Category High | PHMIX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.36% | 0.00% | 5.94% | 9.31% |
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% | 5.44% | 42.16% |
Capital Gain Distribution Analysis
PHMIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Monthly | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 31, 2024 | $0.032 | OrdinaryDividend |
Sep 30, 2024 | $0.031 | OrdinaryDividend |
Aug 30, 2024 | $0.035 | OrdinaryDividend |
Jul 31, 2024 | $0.032 | OrdinaryDividend |
Apr 30, 2024 | $0.033 | OrdinaryDividend |
Mar 28, 2024 | $0.033 | OrdinaryDividend |
Feb 29, 2024 | $0.033 | OrdinaryDividend |
Jan 31, 2024 | $0.032 | OrdinaryDividend |
Dec 29, 2023 | $0.035 | OrdinaryDividend |
Nov 30, 2023 | $0.034 | OrdinaryDividend |
Oct 31, 2023 | $0.033 | OrdinaryDividend |
Sep 29, 2023 | $0.035 | OrdinaryDividend |
Aug 31, 2023 | $0.034 | OrdinaryDividend |
Jul 31, 2023 | $0.031 | OrdinaryDividend |
Jun 30, 2023 | $0.036 | OrdinaryDividend |
May 31, 2023 | $0.033 | OrdinaryDividend |
Apr 28, 2023 | $0.031 | OrdinaryDividend |
Mar 31, 2023 | $0.035 | OrdinaryDividend |
Feb 28, 2023 | $0.032 | OrdinaryDividend |
Jan 31, 2023 | $0.031 | OrdinaryDividend |
Dec 30, 2022 | $0.038 | OrdinaryDividend |
Dec 07, 2022 | $0.000 | CapitalGainShortTerm |
Dec 07, 2022 | $0.014 | CapitalGainLongTerm |
Nov 30, 2022 | $0.032 | OrdinaryDividend |
Oct 31, 2022 | $0.030 | OrdinaryDividend |
Sep 30, 2022 | $0.033 | OrdinaryDividend |
Aug 31, 2022 | $0.031 | OrdinaryDividend |
Jul 29, 2022 | $0.030 | OrdinaryDividend |
Jun 30, 2022 | $0.029 | OrdinaryDividend |
May 31, 2022 | $0.028 | OrdinaryDividend |
Apr 29, 2022 | $0.029 | OrdinaryDividend |
Mar 31, 2022 | $0.026 | OrdinaryDividend |
Feb 28, 2022 | $0.025 | OrdinaryDividend |
Jan 31, 2022 | $0.022 | OrdinaryDividend |
Dec 31, 2021 | $0.042 | OrdinaryDividend |
Dec 08, 2021 | $0.049 | CapitalGainShortTerm |
Dec 08, 2021 | $0.034 | CapitalGainLongTerm |
Nov 30, 2021 | $0.024 | OrdinaryDividend |
Oct 29, 2021 | $0.025 | OrdinaryDividend |
Sep 30, 2021 | $0.024 | OrdinaryDividend |
Aug 31, 2021 | $0.023 | OrdinaryDividend |
Jul 30, 2021 | $0.025 | OrdinaryDividend |
Jun 30, 2021 | $0.024 | OrdinaryDividend |
May 28, 2021 | $0.022 | OrdinaryDividend |
Apr 30, 2021 | $0.023 | OrdinaryDividend |
Mar 31, 2021 | $0.022 | OrdinaryDividend |
Feb 26, 2021 | $0.020 | OrdinaryDividend |
Jan 29, 2021 | $0.018 | OrdinaryDividend |
Dec 31, 2020 | $0.022 | OrdinaryDividend |
Dec 09, 2020 | $0.026 | CapitalGainShortTerm |
Dec 09, 2020 | $0.028 | CapitalGainLongTerm |
Nov 30, 2020 | $0.022 | OrdinaryDividend |
Oct 30, 2020 | $0.025 | OrdinaryDividend |
Sep 30, 2020 | $0.024 | OrdinaryDividend |
Aug 31, 2020 | $0.021 | OrdinaryDividend |
Jul 31, 2020 | $0.025 | OrdinaryDividend |
Jun 30, 2020 | $0.024 | OrdinaryDividend |
May 29, 2020 | $0.025 | OrdinaryDividend |
Apr 30, 2020 | $0.025 | OrdinaryDividend |
Mar 31, 2020 | $0.025 | OrdinaryDividend |
Feb 28, 2020 | $0.026 | OrdinaryDividend |
Jan 31, 2020 | $0.028 | OrdinaryDividend |
Dec 31, 2019 | $0.028 | OrdinaryDividend |
Dec 11, 2019 | $0.017 | CapitalGainShortTerm |
Dec 11, 2019 | $0.007 | CapitalGainLongTerm |
Nov 29, 2019 | $0.029 | OrdinaryDividend |
Oct 31, 2019 | $0.029 | OrdinaryDividend |
Sep 30, 2019 | $0.026 | OrdinaryDividend |
Aug 30, 2019 | $0.031 | OrdinaryDividend |
Jul 31, 2019 | $0.028 | OrdinaryDividend |
Dec 12, 2018 | $0.014 | CapitalGainLongTerm |
Dec 29, 2014 | $0.006 | ExtraDividend |
Dec 12, 2007 | $0.002 | CapitalGainShortTerm |
Dec 13, 2006 | $0.013 | CapitalGainShortTerm |
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 |
---|---|---|---|
0.25 | 21.43 | 7.55 | 2.52 |