PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
$51.17+0.08 (+0.16%)
- 0.35%
- $3.09B
- +0.5%
- 3.36%
- 799K sh
- low $49.29high $53.37
The ETF.net MUNI Grade
B
Score 63 out of 100
- 11 of 20
Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F24 out of 100Rank 13 of 20Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C45 out of 100Rank 14 of 20Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A87 out of 100Rank 1 of 20Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A70 out of 100Rank 4 of 20Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A92 out of 100Rank 1 of 20
Our read on MUNI
In short
BActive muni investing in an ETF shell, running since 2009. PIMCO's bond desk hand-picks roughly 400 intermediate tax-exempt bonds and pays out monthly, instead of copying a muni index.
Stated mandate
The Fund seeks tax-exempt income while preserving capital. It normally invests at least 80% of its assets in a diversified portfolio of debt securities whose interest is federally tax-exempt as determined by the issuer’s bond counsel.
Why people hold it
Worth knowing
MUNI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
MUNI$10,047
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MUNI |
|---|---|
| Year to date | +0.2% |
| 1 month | +3.4% |
| 3 months | −0.2% |
| 1 year | +0.5% |
| 3 years | +4.6% |
| 5 years | +1.2% |
| 10 years | +2.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MUNI |
|---|---|---|
| 2026 YTD | +0.2% | |
| 2025 | +4.7% | |
| 2024 | +1.4% | |
| 2023 | +6.1% | |
| 2022 | −6.6% | |
| 2021 | +0.7% | |
| 2020 | +4.8% |
MUNI in the news
MUNI Dividends
- 3.36%
- $1.72
- $0.14 per share
- Monthly
MUNI Risk
- 5.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.04
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −10.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.79
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
MUNI Cost
Overpaying vs TAXI, cheapest in Intermediate Municipal Bonds
$6,066
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
MUNI 0.35%
$7,126
TAXI 0.05% Cheapest
$1,060
Cost over time
Year by year
| Year | MUNI | TAXI | Overpaying |
|---|---|---|---|
| 10 | $634 | $92 | $542 |
| 20 | $2,454 | $360 | $2,094 |
| 30 | $7,126 | $1,060 | $6,066 |
Other funds in Intermediate Municipal Bonds
- BNYMAB New York Intermediate Municipal ETFExpense ratio 0.27%1 year return
- BINMUiShares Intermediate Muni Income Active ETFExpense ratio 0.30%1 year return +1.6%
- CMFSMMFS Active Intermediate Muni Bond ETFExpense ratio 0.34%1 year return +0.6%
- BBKMIBNY Mellon Municipal Intermediate ETFExpense ratio 0.35%1 year return
- CAPMUActivePassive Intermediate Municipal Bond ETFExpense ratio 0.35%1 year return +0.5%
