PIMCO Short Duration Municipal Income Fund (PSDIX)
The fund normally 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 more than 25% of its total assets in bonds of issuers in California and New York. The fund may invest in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities.
Fund Info
US6933898271
Aug 30, 1999
$1,000,000
Expense Ratio
PSDIX has an expense ratio of 0.33%, placing it in the medium range.
Share Price Chart
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Performance
Performance Chart
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Returns By Period
PIMCO Short Duration Municipal Income Fund (PSDIX) returned 0.96% year-to-date (YTD) and 3.99% over the past 12 months. Over the past 10 years, PSDIX returned 1.70% annually, underperforming the S&P 500 benchmark at 10.85%.
PSDIX
0.96%
0.52%
1.03%
3.99%
2.93%
1.68%
1.70%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of PSDIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.40% | 0.63% | -0.23% | -0.08% | 0.24% | 0.96% | |||||||
| 2024 | 0.13% | 0.16% | 0.16% | -0.32% | 0.05% | 0.86% | 0.64% | 0.78% | 0.50% | -0.55% | 0.76% | -0.32% | 2.88% |
| 2023 | 1.17% | -0.87% | 1.10% | -0.01% | -0.24% | 0.51% | 0.23% | 0.01% | -0.71% | 0.01% | 2.13% | 1.14% | 4.53% |
| 2022 | -0.87% | -0.26% | -1.09% | -0.85% | 0.59% | -0.36% | 0.98% | -0.80% | -1.29% | -0.20% | 1.56% | 0.35% | -2.25% |
| 2021 | 0.20% | -0.37% | 0.20% | 0.33% | 0.08% | -0.03% | 0.32% | -0.04% | -0.27% | -0.16% | 0.20% | -0.09% | 0.35% |
| 2020 | 0.61% | 0.25% | -1.27% | -0.20% | 1.44% | 0.60% | 0.60% | -0.01% | 0.11% | -0.02% | 0.43% | 0.33% | 2.88% |
| 2019 | 0.41% | 0.30% | 0.64% | 0.06% | 0.65% | 0.27% | 0.52% | 0.40% | -0.33% | 0.27% | 0.15% | 0.15% | 3.56% |
| 2018 | 0.03% | -0.08% | 0.02% | -0.10% | 0.38% | 0.29% | 0.15% | 0.06% | -0.08% | -0.07% | 0.42% | 0.41% | 1.44% |
| 2017 | 0.48% | 0.61% | 0.14% | 0.24% | 0.49% | -0.21% | 0.48% | 0.37% | -0.09% | 0.01% | -0.45% | 0.26% | 2.34% |
| 2016 | 0.33% | 0.22% | -0.02% | 0.22% | -0.02% | 0.33% | 0.09% | 0.10% | -0.25% | -0.14% | -1.20% | 0.12% | -0.22% |
| 2015 | 0.57% | -0.12% | -0.02% | -0.01% | -0.14% | 0.00% | 0.11% | 0.21% | 0.11% | 0.22% | -0.01% | 0.04% | 0.95% |
| 2014 | 0.18% | 0.32% | -0.18% | 0.19% | 0.31% | -0.03% | 0.07% | 0.19% | 0.08% | 0.09% | 0.08% | -0.21% | 1.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 91, PSDIX is among the top 9% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PIMCO Short Duration Municipal Income Fund (PSDIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
PIMCO Short Duration Municipal Income Fund provided a 3.33% dividend yield over the last twelve months, with an annual payout of $0.28 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.28 | $0.28 | $0.25 | $0.14 | $0.09 | $0.12 | $0.16 | $0.16 | $0.13 | $0.10 | $0.11 | $0.08 |
Dividend yield | 3.33% | 3.34% | 2.94% | 1.70% | 1.04% | 1.43% | 1.93% | 1.90% | 1.58% | 1.22% | 1.30% | 0.97% |
Monthly Dividends
The table displays the monthly dividend distributions for PIMCO Short Duration Municipal Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.09 | |||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2023 | $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 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.14 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
| 2019 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.16 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.10 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 |
| 2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.08 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the PIMCO Short Duration Municipal Income 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 Short Duration Municipal Income Fund was 19.26%, occurring on Dec 16, 2008. Recovery took 2126 trading sessions.
The current PIMCO Short Duration Municipal Income Fund drawdown is 0.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.26% | Jun 6, 2008 | 134 | Dec 16, 2008 | 2126 | May 31, 2017 | 2260 |
| -4.91% | Mar 10, 2020 | 9 | Mar 20, 2020 | 69 | Jun 29, 2020 | 78 |
| -4.6% | Aug 9, 2021 | 306 | Oct 24, 2022 | 275 | Nov 28, 2023 | 581 |
| -3.88% | Feb 8, 2008 | 15 | Feb 29, 2008 | 67 | Jun 5, 2008 | 82 |
| -2.42% | Jul 9, 2007 | 99 | Nov 26, 2007 | 47 | Feb 4, 2008 | 146 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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