PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund company info

What does PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund do?
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (NYSE:MUNI) specializes in a focused approach to managing municipal bond investments with the aim of generating tax-exempt income. This fund is actively managed, leveraging PIMCO's renowned fixed-income investment strategy to navigate the complexities of the municipal bond market. Its projects and operations involve meticulously selecting municipal bonds that have the potential for income and capital appreciation, while also paying keen attention to credit risk, interest rate movements, and tax implications. The primary objective of MUNI is to provide its investors with a steady stream of tax-exempt income, making it an attractive option for those in higher tax brackets seeking to maximize their after-tax returns.
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund company media
Company Snapshot

Is PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund a public or private company?

key
Ownership
Public

How many people does PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund employ?

people
Employees
4,098

What sector is PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in?

pie chart
Sector
ETF

Where is the head office for PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund?

location pin
Head Office
Newport Beach, United States

What year was PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund founded?

founded flag
Year Founded
2009
What does PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund specialise in?
/Municipal Bonds /Active Management /Exchange-Traded Fund /Tax-Exempt Income /Portfolio Diversification /Investment Strategies

What are the products and/or services of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund?

Overview of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund offerings
Provides Exposure to Municipal Bonds: MUNI invests in a diversified portfolio of municipal bonds issued by states, cities, and other local governments within the United States.
Active Management: Unlike some ETFs that passively track an index, MUNI is actively managed by PIMCO's portfolio managers. They aim to select municipal bonds that they believe will offer attractive returns while managing risks associated with the bond market.
Seeks Tax-Exempt Income: Municipal bonds generally offer interest income that is exempt from federal income tax and often state and local taxes depending on the investor's residence.
Intermediate Maturities: MUNI focuses on municipal bonds with intermediate maturities, typically ranging from 3 to 10 years. This provides a balance between potential returns and interest rate risk.