PIMCO National Intermediate Municipal Bond Fund (PMNPX)
The fund invests at least 80% of its assets in 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 in Fixed Income Instruments which include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. The fund may invest in derivative instruments, such as options, futures contracts or swap agreements, and invest in mortgage- or asset-backed securities.
Fund Info
| ISIN | US72201U2087 |
|---|---|
| Issuer | PIMCO |
| Inception Date | May 30, 2012 |
| Category | Municipal Bonds |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
PMNPX features an expense ratio of 0.55%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: PMNPX vs. MUNI
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PIMCO National Intermediate 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.
Returns By Period
PIMCO National Intermediate Municipal Bond Fund had a return of 2.19% year-to-date (YTD) and 7.76% in the last 12 months. Over the past 10 years, PIMCO National Intermediate Municipal Bond Fund had an annualized return of 2.43%, while the S&P 500 had an annualized return of 11.43%, indicating that PIMCO National Intermediate Municipal Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.19% | 25.82% |
| 1 month | -0.38% | 3.20% |
| 6 months | 1.84% | 14.94% |
| 1 year | 7.76% | 35.92% |
| 5 years (annualized) | 1.75% | 14.22% |
| 10 years (annualized) | 2.43% | 11.43% |
Monthly Returns
The table below presents the monthly returns of PMNPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.00% | 0.40% | 0.21% | -0.94% | -0.06% | 1.27% | 0.78% | 0.71% | 0.96% | -1.43% | 2.19% | ||
| 2023 | 2.61% | -1.77% | 1.77% | 0.05% | -0.61% | 0.69% | 0.35% | -0.69% | -2.17% | -0.93% | 5.13% | 2.46% | 6.84% |
| 2022 | -2.33% | -0.50% | -2.58% | -2.15% | 1.15% | -1.10% | 2.26% | -1.66% | -2.46% | -0.80% | 3.94% | 0.18% | -6.11% |
| 2021 | 0.59% | -1.37% | 0.41% | 0.79% | 0.23% | 0.23% | 0.69% | -0.31% | -0.76% | -0.23% | 0.51% | 0.11% | 0.86% |
| 2020 | 1.47% | 0.98% | -4.00% | -0.95% | 2.84% | 1.20% | 1.46% | -0.13% | -0.11% | -0.20% | 1.26% | 0.72% | 4.46% |
| 2019 | 0.98% | 0.60% | 1.16% | 0.40% | 1.25% | 0.37% | 0.75% | 1.22% | -0.74% | 0.08% | 0.18% | 0.36% | 6.82% |
| 2018 | -0.75% | -0.35% | 0.13% | -0.18% | 0.79% | 0.13% | 0.31% | 0.24% | -0.57% | -0.55% | 0.93% | 0.89% | 1.00% |
| 2017 | 0.67% | 0.50% | 0.30% | 0.86% | 1.25% | -0.17% | 0.76% | 0.96% | -0.35% | 0.20% | -0.46% | 0.59% | 5.21% |
| 2016 | 1.02% | 0.16% | 0.25% | 0.83% | -0.02% | 1.68% | -0.01% | 0.26% | -0.29% | -0.95% | -3.86% | 0.69% | -0.35% |
| 2015 | 1.51% | -1.24% | 0.36% | -0.59% | -0.32% | -0.03% | 0.58% | 0.17% | 0.58% | 0.69% | 0.57% | 0.91% | 3.20% |
| 2014 | 1.65% | 0.95% | -0.16% | 1.13% | 0.93% | -0.13% | 0.26% | 1.33% | -0.12% | 0.56% | -0.13% | 0.42% | 6.89% |
| 2013 | 0.27% | 0.12% | -0.66% | 1.69% | -1.69% | -2.91% | -0.58% | -1.39% | 2.60% | 0.92% | -0.57% | -0.08% | -2.36% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PMNPX is 64, 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PIMCO National Intermediate Municipal Bond Fund (PMNPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PIMCO National Intermediate Municipal Bond Fund provided a 3.63% dividend yield over the last twelve months, with an annual payout of $0.37 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.34 | $0.23 | $0.21 | $0.22 | $0.25 | $0.27 | $0.25 | $0.22 | $0.23 | $0.20 | $0.15 |
Dividend yield | 3.63% | 3.21% | 2.25% | 1.87% | 1.95% | 2.32% | 2.61% | 2.38% | 2.12% | 2.17% | 1.93% | 1.48% |
Monthly Dividends
The table displays the monthly dividend distributions for PIMCO National Intermediate Municipal Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.31 | |
| 2023 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2022 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.23 |
| 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 | $0.21 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.27 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.23 |
| 2014 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2013 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.15 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the PIMCO National Intermediate 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 National Intermediate Municipal Bond Fund was 10.82%, occurring on Oct 25, 2022. Recovery took 318 trading sessions.
The current PIMCO National Intermediate Municipal Bond Fund drawdown is 1.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.82% | Aug 6, 2021 | 308 | Oct 25, 2022 | 318 | Feb 1, 2024 | 626 |
| -9.92% | Mar 10, 2020 | 9 | Mar 20, 2020 | 92 | Jul 31, 2020 | 101 |
| -6.79% | May 3, 2013 | 85 | Sep 3, 2013 | 175 | May 14, 2014 | 260 |
| -5.35% | Jul 7, 2016 | 104 | Dec 1, 2016 | 172 | Aug 9, 2017 | 276 |
| -2.33% | Feb 2, 2015 | 77 | May 21, 2015 | 111 | Oct 28, 2015 | 188 |
Volatility
Volatility Chart
The current PIMCO National Intermediate Municipal Bond Fund volatility is 1.37%, 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.