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PIMCO Municipal Bond Fund (PFMIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS6933916586
IssuerPIMCO
Inception DateDec 30, 1997
CategoryMunicipal Bonds
Min. Investment$1,000,000
Asset ClassBond

Expense Ratio

PFMIX features an expense ratio of 0.44%, falling within the medium range.


Expense ratio chart for PFMIX: current value at 0.44% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.44%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons: PFMIX vs. VWAHX, PFMIX vs. MUB, PFMIX vs. MUNI, PFMIX vs. CGMU

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in PIMCO Municipal Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


150.00%200.00%250.00%300.00%JuneJulyAugustSeptemberOctoberNovember
154.60%
297.00%
PFMIX (PIMCO Municipal Bond Fund)
Benchmark (^GSPC)

Returns By Period

PIMCO Municipal Bond Fund had a return of 3.12% year-to-date (YTD) and 8.50% in the last 12 months. Over the past 10 years, PIMCO Municipal Bond Fund had an annualized return of 3.10%, while the S&P 500 had an annualized return of 11.11%, indicating that PIMCO Municipal Bond Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date3.12%23.08%
1 month-0.50%0.48%
6 months2.16%10.70%
1 year8.50%30.22%
5 years (annualized)1.85%13.50%
10 years (annualized)3.10%11.11%

Monthly Returns

The table below presents the monthly returns of PFMIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.12%0.34%0.35%-1.14%0.47%1.39%0.76%0.78%1.05%-1.23%3.12%
20233.04%-2.15%1.77%0.50%-0.44%0.99%0.41%-0.96%-2.49%-1.57%6.66%2.72%8.42%
2022-2.51%-0.79%-3.37%-3.04%0.87%-2.07%2.62%-1.96%-3.91%-1.40%4.88%-0.11%-10.61%
20210.92%-1.72%0.56%1.16%0.64%0.54%0.82%-0.50%-0.87%-0.21%1.04%0.18%2.55%
20201.73%1.50%-4.21%-1.79%2.99%1.81%1.78%-0.50%-0.19%-0.28%2.06%1.07%5.88%
20190.61%0.61%1.84%0.70%1.32%0.26%0.67%1.87%-0.55%0.05%0.26%0.45%8.37%
2018-0.73%-0.41%0.53%-0.12%1.46%0.12%0.41%0.14%-0.53%-0.92%0.54%0.93%1.41%
20170.89%0.70%0.30%1.01%1.43%0.01%0.69%1.10%-0.11%0.18%-0.21%1.23%7.45%
20160.78%0.08%0.79%0.99%0.47%1.78%0.18%0.28%-0.22%-1.05%-4.45%0.82%0.32%
20151.80%-1.14%0.37%-0.54%-0.34%-0.02%0.31%0.07%0.84%0.84%0.92%1.10%4.26%
20142.51%1.25%0.48%1.22%1.53%0.16%0.26%1.41%0.26%0.58%0.03%0.63%10.77%
20130.78%0.16%-0.66%1.21%-1.47%-3.89%-1.38%-1.71%3.11%0.96%-0.34%-0.23%-3.56%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PFMIX is 72, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of PFMIX is 7272
Combined Rank
The Sharpe Ratio Rank of PFMIX is 7979Sharpe Ratio Rank
The Sortino Ratio Rank of PFMIX is 8484Sortino Ratio Rank
The Omega Ratio Rank of PFMIX is 8787Omega Ratio Rank
The Calmar Ratio Rank of PFMIX is 5151Calmar Ratio Rank
The Martin Ratio Rank of PFMIX is 6262Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for PIMCO Municipal Bond Fund (PFMIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


PFMIX
Sharpe ratio
The chart of Sharpe ratio for PFMIX, currently valued at 2.45, compared to the broader market0.002.004.002.45
Sortino ratio
The chart of Sortino ratio for PFMIX, currently valued at 3.78, compared to the broader market0.005.0010.003.78
Omega ratio
The chart of Omega ratio for PFMIX, currently valued at 1.56, compared to the broader market1.002.003.004.001.56
Calmar ratio
The chart of Calmar ratio for PFMIX, currently valued at 1.08, compared to the broader market0.005.0010.0015.0020.0025.001.08
Martin ratio
The chart of Martin ratio for PFMIX, currently valued at 11.96, compared to the broader market0.0020.0040.0060.0080.00100.0011.96
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.48, compared to the broader market0.002.004.002.48
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.33, compared to the broader market0.005.0010.003.33
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.46, compared to the broader market1.002.003.004.001.46
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 3.58, compared to the broader market0.005.0010.0015.0020.0025.003.58
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 15.96, compared to the broader market0.0020.0040.0060.0080.00100.0015.96

Sharpe Ratio

The current PIMCO Municipal Bond Fund Sharpe ratio is 2.45. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of PIMCO Municipal Bond Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.45
2.48
PFMIX (PIMCO Municipal Bond Fund)
Benchmark (^GSPC)

Dividends

Dividend History

PIMCO Municipal Bond Fund provided a 4.04% dividend yield over the last twelve months, with an annual payout of $0.38 per share. The fund has been increasing its distributions for 2 consecutive years.


2.00%2.50%3.00%3.50%$0.00$0.10$0.20$0.30$0.4020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.38$0.36$0.28$0.22$0.26$0.33$0.36$0.34$0.33$0.35$0.31$0.32

Dividend yield

4.04%3.76%3.05%2.13%2.45%3.24%3.77%3.43%3.44%3.51%3.17%3.47%

Monthly Dividends

The table displays the monthly dividend distributions for PIMCO Municipal Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.00$0.32
2023$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.36
2022$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.03$0.03$0.03$0.28
2021$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.22
2020$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.26
2019$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.03$0.03$0.33
2018$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.36
2017$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2016$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.03$0.33
2015$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.35
2014$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.31
2013$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.32

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.33%
-2.18%
PFMIX (PIMCO Municipal Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the PIMCO Municipal Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the PIMCO Municipal Bond Fund was 26.50%, occurring on Dec 16, 2008. Recovery took 413 trading sessions.

The current PIMCO Municipal Bond Fund drawdown is 1.33%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-26.5%Jan 24, 2008227Dec 16, 2008413Aug 9, 2010640
-15.43%Aug 6, 2021308Oct 25, 2022469Sep 9, 2024777
-11.05%Mar 10, 20209Mar 20, 202091Jul 30, 2020100
-8.8%May 3, 201385Sep 3, 2013165Apr 30, 2014250
-6.34%Oct 15, 201065Jan 18, 2011123Jul 14, 2011188

Volatility

Volatility Chart

The current PIMCO Municipal Bond Fund volatility is 1.72%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.72%
4.06%
PFMIX (PIMCO Municipal Bond Fund)
Benchmark (^GSPC)