ATLASPIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI): outlook, holdings and fees
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) is an exchange-traded fund and is managed by PIMCO. The expense ratio is 0.36% and the yield is 3.57%. The ten largest holdings are 8% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on MUNI
| Last price | $51.19 (-0.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 68% |
| Likely 1-month range (50%) | $51.06 – $51.91 |
| Normal 1-day range (±1σ) | ±0.3% |
| Distribution yield | 3.57% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
MUNI fund facts
| Issuer | PIMCO |
|---|---|
| Theme | Municipal bonds |
| Assets under management | $3.3B |
| Expense ratio | 0.36% |
| Number of holdings | 7 |
| Portfolio turnover | 48% |
| Inception | Nov 30, 2009 |
| Exchange | NYSE |
The fund invests at least 80% of its assets in a diversified portfolio of debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax (Municipal Bonds). It may invest 25% or more of its total assets in Municipal Bonds that finance similar projects, such as those relating to education, health care, housing, transportation, and utilities, and 25% or more of its total assets in industrial development bonds.
MUNI top holdings
| Holding | Sector | Weight |
|---|---|---|
| TOBACCO SETTLEMENT FING CORP RHODE IS 5% | – | 1.31% |
| KNOXVILLE TENN WASTE WTR SYS REV 5% | – | 1.33% |
| NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4% | – | 1.25% |
| NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% | – | 1.25% |
| CHICAGO ILL MIDWAY ARPT REV 5% | – | 1.07% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | – | 1.03% |
| United States Treasury Bills 0% | – | 0.99% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
MUNI returns and risk
| Year to date | -2.7% |
|---|---|
| 1 year | -1.6% |
| 3 years (annualised) | +3.5% |
| 5 years (annualised) | +0.6% |
| 10 years (annualised) | +1.7% |
| Volatility (3 years) | 4.7% |
| Sharpe ratio (3 years) | -0.28 |
Past returns do not guarantee future results.
MUNI: frequently asked questions
What does MUNI invest in?
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund invests in a portfolio of securities. Its largest holdings are TOBACCO SETTLEMENT FING CORP RHODE IS 5% (1.3%), KNOXVILLE TENN WASTE WTR SYS REV 5% (1.3%), NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4% (1.3%), NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% (1.3%), CHICAGO ILL MIDWAY ARPT REV 5% (1.1%).
What is the MUNI expense ratio?
0.36% a year: about $36.00 for every $10,000 invested.
What is the MUNI dividend yield?
3.57%. ATLAS does not hold the exact distribution dates for ETFs.
Will MUNI go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 68%, with a likely range (50%) of $51.06 to $51.91 from $51.19 today. It is a probability, not a prediction.
How has MUNI performed?
Year to date -2.7%, one year -1.6%, three years +3.5% a year, five years +0.6% a year. Past returns do not guarantee future results.
Similar ETFs: Municipal bonds
- State Street Communication Services Select Sector SPDR ETF (XLC)
- VanEck High Yield Muni ETF (HYD)
- Invesco National AMT-Free Municipal Bond ETF (PZA)
- State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB)
- State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM)
- State Street SPDR Nuveen ICE Municipal Bond ETF (TFI)
- Franklin Dynamic Municipal Bond ETF (FLMI)
- VanEck Intermediate Muni ETF (ITM)
Educational information, not investment advice. Disclaimer