PIMCO Short Term Municipal Bond Active ETF (SMMU)
SMMU is an actively managed ETF by PIMCO. SMMU launched on Feb 1, 2010 and has a 0.35% expense ratio.
ETF Info
US72201R8741
72201R874
Feb 1, 2010
North America (U.S.)
1x
No Index (Active)
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PIMCO Short Term Municipal Bond Active ETF, 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 Short Term Municipal Bond Active ETF had a return of 2.44% year-to-date (YTD) and 4.68% in the last 12 months. Over the past 10 years, PIMCO Short Term Municipal Bond Active ETF had an annualized return of 1.52%, while the S&P 500 had an annualized return of 11.11%, indicating that PIMCO Short Term Municipal Bond Active ETF did not perform as well as the benchmark.
SMMU
2.44%
-0.31%
1.92%
4.68%
1.62%
1.52%
^GSPC (Benchmark)
23.08%
0.10%
10.70%
30.05%
13.52%
11.11%
Monthly Returns
The table below presents the monthly returns of SMMU, 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 | 0.31% | -0.04% | -0.04% | -0.18% | 0.20% | 0.71% | 0.74% | 0.66% | 0.60% | -0.62% | 2.44% | ||
| 2023 | 1.13% | -0.77% | 1.04% | 0.01% | -0.24% | 0.39% | 0.30% | 0.03% | -0.75% | 0.10% | 2.18% | 1.45% | 4.92% |
| 2022 | -1.10% | -0.15% | -1.11% | -1.12% | 0.78% | -0.14% | 0.90% | -0.82% | -1.28% | -0.30% | 1.68% | 0.24% | -2.45% |
| 2021 | 0.16% | -0.34% | 0.13% | 0.27% | 0.04% | 0.05% | 0.21% | -0.11% | -0.26% | -0.04% | 0.06% | 0.00% | 0.17% |
| 2020 | 0.55% | 0.32% | -0.73% | -0.42% | 1.31% | 0.42% | 0.75% | -0.07% | 0.02% | -0.04% | 0.40% | 0.32% | 2.86% |
| 2019 | 0.28% | 0.34% | 0.82% | -0.01% | 0.55% | 0.35% | 0.48% | 0.38% | -0.29% | 0.22% | 0.12% | 0.18% | 3.47% |
| 2018 | 0.02% | -0.01% | -0.04% | -0.11% | 0.72% | 0.27% | -0.04% | 0.36% | -0.37% | 0.13% | 0.20% | 0.52% | 1.67% |
| 2017 | 1.30% | 0.05% | 0.28% | 0.23% | 0.52% | -0.60% | 0.47% | 0.93% | -0.15% | -0.07% | -0.68% | 0.06% | 2.34% |
| 2016 | 0.42% | 0.52% | -0.23% | 0.18% | -0.06% | 0.02% | 0.44% | 0.15% | -0.56% | 0.14% | -1.87% | 0.16% | -0.72% |
| 2015 | 0.63% | -0.09% | -0.01% | -0.11% | -0.23% | 0.12% | 0.56% | -0.01% | 0.07% | 0.20% | -0.03% | -0.02% | 1.09% |
| 2014 | 0.30% | 0.21% | -0.21% | 0.09% | 0.27% | 0.01% | -0.04% | 0.18% | -0.04% | 0.11% | 0.07% | -0.38% | 0.56% |
| 2013 | 0.01% | 0.26% | 0.10% | 0.03% | -0.14% | -0.13% | -0.39% | -0.15% | 0.13% | 0.39% | 0.19% | -0.11% | 0.17% |
Expense Ratio
SMMU features an expense ratio of 0.35%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of SMMU is 88, placing it in the top 12% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PIMCO Short Term Municipal Bond Active ETF (SMMU) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PIMCO Short Term Municipal Bond Active ETF provided a 3.52% dividend yield over the last twelve months, with an annual payout of $1.76 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 | $1.76 | $1.65 | $0.68 | $0.31 | $0.61 | $0.92 | $0.86 | $0.71 | $0.51 | $0.45 | $0.33 | $0.29 |
Dividend yield | 3.52% | 3.29% | 1.37% | 0.60% | 1.19% | 1.82% | 1.73% | 1.41% | 1.03% | 0.89% | 0.67% | 0.57% |
Monthly Dividends
The table displays the monthly dividend distributions for PIMCO Short Term Municipal Bond Active ETF. 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 | $0.00 | $0.12 | $0.12 | $0.13 | $0.13 | $0.13 | $0.12 | $0.12 | $0.13 | $0.12 | $0.14 | $1.26 | |
| 2023 | $0.00 | $0.09 | $0.11 | $0.12 | $0.10 | $0.11 | $0.13 | $0.12 | $0.13 | $0.13 | $0.13 | $0.50 | $1.65 |
| 2022 | $0.00 | $0.02 | $0.03 | $0.03 | $0.04 | $0.04 | $0.05 | $0.06 | $0.07 | $0.08 | $0.08 | $0.20 | $0.68 |
| 2021 | $0.00 | $0.04 | $0.04 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.31 |
| 2020 | $0.00 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.04 | $0.04 | $0.04 | $0.08 | $0.61 |
| 2019 | $0.00 | $0.09 | $0.09 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.08 | $0.07 | $0.14 | $0.92 |
| 2018 | $0.00 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.17 | $0.86 |
| 2017 | $0.00 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.12 | $0.71 |
| 2016 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.09 | $0.51 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.04 | $0.08 | $0.45 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.33 |
| 2013 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.29 |
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 Short Term Municipal Bond Active ETF. 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 Term Municipal Bond Active ETF was 5.08%, occurring on Mar 20, 2020. Recovery took 52 trading sessions.
The current PIMCO Short Term Municipal Bond Active ETF drawdown is 0.59%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -5.08% | Mar 10, 2020 | 9 | Mar 20, 2020 | 52 | Jun 4, 2020 | 61 |
| -4.76% | Aug 4, 2021 | 310 | Oct 25, 2022 | 271 | Nov 22, 2023 | 581 |
| -3.53% | Sep 1, 2016 | 76 | Dec 19, 2016 | 83 | Apr 21, 2017 | 159 |
| -1.87% | Apr 22, 2013 | 45 | Jun 24, 2013 | 172 | Feb 28, 2014 | 217 |
| -1.43% | Sep 30, 2010 | 50 | Dec 14, 2010 | 97 | May 16, 2011 | 147 |
Volatility
Volatility Chart
The current PIMCO Short Term Municipal Bond Active ETF volatility is 0.87%, 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.