PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU)

• Market cap: $615M
• 1 day: -0.20%
• 5 days: 0.18%
• 1 month: -0.02%
• 3 months: -0.22%
• 6 months: -0.30%
• Year to date: 0.10%
• 1 year: -0.12%
• 5 years: -1.91%
• 10 years: -1.11%

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 14

27% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 44

3% more funds holding

Funds holding: 141 [Q2] → 145 (+4) [Q3]

3% less capital invested

Capital invested by funds: $474M [Q2] → $459M (-$15.5M) [Q3]

8.3% less ownership

Funds ownership: 81.94% [Q2] → 73.64% (-8.3%) [Q3]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]