---
ticker: "PMIO"
name: "PGIM Municipal Income Opportunities ETF"
url: "https://etf.net/etf/PMIO"
grade: "B"
score: 65
graded_at: "2026-10-12"
category: "Other Municipal Bond"
category_rank: "23 of 63"
methodology: "https://etf.net/methodology"
---

# PMIO: PGIM Municipal Income Opportunities ETF

Grade **B**, Score 65 of 100. Rank 23 of 63 in Other Municipal Bond.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 71 | 17 of 63 |
| Mission | 85 | 37 of 59 |
| Risk | 74 | 1 of 63 |
| Tradability | 39 | 44 of 63 |
| Holdings | 43 | 46 of 63 |
| Durability | 29 | 51 of 63 |

## Top holdings

The fund holds 124 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | (PIPA070) PGIM Core Government Money Market Fund | 5.56% |
| 2 | MUB | Ishares National Muni Bond Etf | 3.68% |
| 3 | — | Black Belt Energy Gas District | 2.20% |
| 4 | — | Florida Housing Finance Corp | 1.99% |
| 5 | — | Illinois State Toll Highway Authority | 1.93% |
| 6 | — | Energy Southeast A Cooperative District | 1.82% |
| 7 | — | County of Utah Ut | 1.76% |
| 8 | — | New York Liberty Development Corp | 1.75% |
| 9 | — | New Hampshire Business Finance Authority | 1.71% |
| 10 | — | New Hampshire Business Finance Authority | 1.59% |
| 11 | — | New Hampshire Business Finance Authority | 1.58% |
| 12 | — | Public Finance Authority | 1.56% |
| 13 | — | Main Street Natural Gas Inc | 1.54% |
| 14 | — | New Hampshire Business Finance Authority | 1.52% |
| 15 | — | City of New York Ny | 1.48% |
| 16 | — | Vermont Housing Finance Agency | 1.47% |
| 17 | — | New York State Dormitory Authority | 1.43% |
| 18 | — | Village Community Development District No 13 | 1.35% |
| 19 | — | Main Street Natural Gas Inc | 1.33% |
| 20 | — | Black Belt Energy Gas District | 1.32% |
| 21 | — | Net Current Assets | 1.31% |
| 22 | — | Public Finance Authority | 1.24% |
| 23 | — | State of Connecticut | 1.20% |
| 24 | — | Public Finance Authority | 1.16% |
| 25 | — | Port of Portland Or Airport Revenue | 1.12% |
| 26 | — | Ohio Air Quality Development Authority | 1.12% |
| 27 | — | County of Lee Fl Airport Revenue | 1.10% |
| 28 | — | Tarrant County Cultural Education Facilities Finance Corp | 1.10% |
| 29 | — | Southeast Energy Authority A Cooperative District | 1.09% |
| 30 | — | Chicago Board of Education Dedicated Capital Improvement Tax | 1.09% |

Source: etf.net, https://etf.net/etf/PMIO. Please cite the page URL.