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

• Market cap: $685M
• 1 day: 0.18%
• 5 days: 0.45%
• 1 month: -0.82%
• 3 months: -0.56%
• 6 months: -1.33%
• Year to date: -0.48%
• 1 year: -0.30%
• 5 years: -2.07%
• 10 years: -1.51%

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

289% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 9

150% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 5 (+3) [Q4]

56% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 41

15% more funds holding

Funds holding: 146 [Q3] → 168 (+22) [Q4]

15% more capital invested

Capital invested by funds: $456M [Q3] → $525M (+$68.6M) [Q4]

12.12% more ownership

Funds ownership: 73.36% [Q3] → 85.48% (+12.12%) [Q4]