MUNI - PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

NYSEArca - NYSEArca Delayed Price. Currency in USD
53.86
+0.03 (+0.06%)
At close: 3:59PM EDT
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Previous Close53.83
Open53.84
Bid53.86 x 1800
Ask53.88 x 800
Day's Range53.76 - 53.92
52 Week Range51.69 - 54.03
Volume21,823
Avg. Volume35,341
Net Assets281.1M
NAV53.81
PE Ratio (TTM)N/A
Yield2.57%
YTD Return2.70%
Beta (3Y Monthly)0.83
Expense Ratio (net)0.35%
Inception Date2009-11-30
Trade prices are not sourced from all markets
  • 9 Municipal Bond Funds for Tax-Free Income
    Kiplinger11 days ago

    9 Municipal Bond Funds for Tax-Free Income

    Anyone looking to tamp down their tax bill for next year need look no further than municipal bonds. They've been around for decades, but many people still aren't familiar with this particular debt investment - as well as the municipal bond funds that hold them.Municipal bonds deliver tax-advantaged income to investors at regular intervals. At a minimum, muni bond income is exempt from federal tax. Depending on where you live and where the bonds are issued, that income also might be clear of state and even local taxes.If you're a high-income earner, munis are for you, says Jim Barnes, Director of Fixed Income at Bryn Mawr Trust. "The primary way to determine whether muni bonds are a good or bad investment for an investor boils down to the investor's marginal tax rate. A high marginal tax rate equates to a higher taxable equivalent yield when comparing different investment options," he says. "The higher the marginal tax rate, the more appealing and advantageous the tax-free income becomes to the investor."Just how powerful is this tax exemption? For a household earning $200,000 per year (married, filing jointly, taxed at 24%), a municipal bond yielding 4% has a tax-equivalent yield of 5.26%. That means a $100,000 investment in munis will generate roughly $1,260 more annually in passive income than they'd get with a 4% yield from, say, corporate bonds or stocks.Here are nine municipal bond funds that provide exposure to this tax-free income. There's something for every type of fund preference: mutual funds, exchange-traded funds (ETFs) and closed-end funds (CEFs). SEE ALSO: The 7 Best Bond Funds for Retirement Savers in 2019

  • 4 Reasons Why Muni Bond ETFs Are Rallying in 2019
    Zacks2 months ago

    4 Reasons Why Muni Bond ETFs Are Rallying in 2019

    The overall clip of muni ETF trading (based on market value traded) is more than 45% heavier than last year, per etf.com.

  • ETF Trends7 months ago

    Muni Bond Investors Are Interested in Strategic Beta ETF Strategies

    As the municipal bond market environment shifts, investors are reluctant to rely on traditional market capitalization-weighted index funds and want to look for more dynamic strategies like smart beta ETFs. According to a recent Columbia Threadneedle Investments survey of financial advisors, while the majority of respondents favored actively managed investments when establishing municipal bond exposure for clients, interest in a muni bond strategic beta ETF is also strong.