PIMCO Intermediate Municipal Bond Active Exchange-Traded FundMUNI
MUNI
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
47% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 86
27% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 22
2% more funds holding
Funds holding: 277 [Q2] → 283 (+6) [Q3]
2% less capital invested
Capital invested by funds: $1.27B [Q2] → $1.25B (-$19.2M) [Q3]
9.64% less ownership
Funds ownership: 84.59% [Q2] → 74.95% (-9.64%) [Q3]
36% less funds holding in top 10
Funds holding in top 10: 11 [Q2] → 7 (-4) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for MUNI.
Financial journalist opinion
Neutral
ETF Trends
1 week ago
Happy 15th Anniversary MINT
Actively managed fixed income ETFs have been increasingly popular in 2024. Investors have turned to professionals to help navigate the bond market amid shifting monetary and pending fiscal policies.
Positive
Seeking Alpha
2 months ago
MUNI: Strong PIMCO Muni Bond ETF, Very Low 3.4% Yield, Weak Investment Thesis
MUNI is an actively-managed muni bond ETF from PIMCO. Although the fund's dividends are tax-advantaged, its 3.4% dividend yield is too low for a buy rating. Lots of ETFs provide higher after-tax income to effectively all investors, including CARY and JAAA.
Positive
ETF Trends
4 months ago
Growing Supply of Active Municipal Bond ETFs
Actively managed ETFs continued to gain traction in July with $24 billion of net inflows. This represented 19% of the industry's net inflows, which remains impressive given the 7% share of the assets.
Positive
Seeking Alpha
8 months ago
MUNI: A Strong, Active Municipal Bond Play
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund ETF offers tax-exempt income through investment-grade municipal bonds. The MUNI ETF has a diversified portfolio of U.S. dollar-denominated intermediate-term municipal bonds. MUNI faces competition from other municipal bond ETFs but has shown strong performance and a more diversified geographical allocation.
Positive
ETF Trends
9 months ago
Chart of the Week: Advisors Looking at Municipal Bonds Choices
Investors continue to turn to low-cost core taxable bond ETFs in 2024. The Vanguard Total Bond Market ETF (BND) and the iShares Core Aggregate Bond ETF (AGG) gathered $2.5 billion and $2.1 billion, respectively, as of late February.
Positive
Seeking Alpha
11 months ago
MUNI: Outperforming Competitors, But Still Unattractive
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund ETF is an actively managed municipal bond fund with a flexible strategy and high turnover. The MUNI ETF has a higher risk in credit rating but a lower risk in maturity compared to iShares National Muni Bond ETF. It is more diversified geographically, with a lower allocation to New York and California.
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