GCMFX vs. NMTRX
Compare and contrast key facts about PIMCO California Municipal Opportunistic Value Fund (GCMFX) and Nuveen Municipal Total Return Managed Accounts (NMTRX).
GCMFX is managed by Gurtin. It was launched on Nov 2, 2014. NMTRX is managed by BlackRock. It was launched on May 30, 2007.
Performance
GCMFX vs. NMTRX - Performance Comparison
Loading graphics...
GCMFX vs. NMTRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GCMFX PIMCO California Municipal Opportunistic Value Fund | -0.26% | 2.76% | 2.24% | 5.22% | -3.47% | 1.76% | 2.69% | 5.06% | 1.83% | 2.96% |
NMTRX Nuveen Municipal Total Return Managed Accounts | -0.12% | 3.90% | 1.99% | 6.21% | -11.98% | 2.69% | 5.25% | 9.26% | 1.06% | 7.41% |
Returns By Period
In the year-to-date period, GCMFX achieves a -0.26% return, which is significantly lower than NMTRX's -0.12% return. Over the past 10 years, GCMFX has underperformed NMTRX with an annualized return of 1.85%, while NMTRX has yielded a comparatively higher 2.27% annualized return.
GCMFX
- 1D
- 0.21%
- 1M
- -1.53%
- YTD
- -0.26%
- 6M
- 1.23%
- 1Y
- 2.69%
- 3Y*
- 2.60%
- 5Y*
- 1.48%
- 10Y*
- 1.85%
NMTRX
- 1D
- 0.20%
- 1M
- -1.97%
- YTD
- -0.12%
- 6M
- 1.65%
- 1Y
- 3.78%
- 3Y*
- 3.22%
- 5Y*
- 0.38%
- 10Y*
- 2.27%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GCMFX vs. NMTRX - Expense Ratio Comparison
GCMFX has a 0.63% expense ratio, which is higher than NMTRX's 0.05% expense ratio.
Return for Risk
GCMFX vs. NMTRX — Risk / Return Rank
GCMFX
NMTRX
GCMFX vs. NMTRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO California Municipal Opportunistic Value Fund (GCMFX) and Nuveen Municipal Total Return Managed Accounts (NMTRX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| GCMFX | NMTRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.71 | 0.84 | -0.13 |
Sortino ratioReturn per unit of downside risk | 0.98 | 1.16 | -0.18 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.23 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.91 | 0.99 | -0.08 |
Martin ratioReturn relative to average drawdown | 2.34 | 2.89 | -0.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GCMFX | NMTRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | 0.84 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.10 | +0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.52 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.97 | -0.27 |
Correlation
The correlation between GCMFX and NMTRX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GCMFX vs. NMTRX - Dividend Comparison
GCMFX's dividend yield for the trailing twelve months is around 3.15%, less than NMTRX's 4.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCMFX PIMCO California Municipal Opportunistic Value Fund | 3.15% | 3.39% | 3.34% | 2.59% | 1.91% | 2.34% | 2.65% | 2.56% | 2.40% | 1.51% | 0.17% | 0.00% |
NMTRX Nuveen Municipal Total Return Managed Accounts | 4.19% | 4.46% | 3.55% | 3.67% | 3.28% | 2.73% | 2.92% | 3.20% | 3.47% | 3.28% | 3.71% | 3.91% |
Drawdowns
GCMFX vs. NMTRX - Drawdown Comparison
The maximum GCMFX drawdown since its inception was -7.08%, smaller than the maximum NMTRX drawdown of -16.36%. Use the drawdown chart below to compare losses from any high point for GCMFX and NMTRX.
Loading graphics...
Drawdown Indicators
| GCMFX | NMTRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.08% | -16.36% | +9.28% |
Max Drawdown (1Y)Largest decline over 1 year | -4.19% | -4.75% | +0.56% |
Max Drawdown (5Y)Largest decline over 5 years | -7.08% | -16.36% | +9.28% |
Max Drawdown (10Y)Largest decline over 10 years | -7.08% | -16.36% | +9.28% |
Current DrawdownCurrent decline from peak | -1.83% | -2.25% | +0.42% |
Average DrawdownAverage peak-to-trough decline | -1.04% | -2.93% | +1.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 1.62% | +0.01% |
Volatility
GCMFX vs. NMTRX - Volatility Comparison
The current volatility for PIMCO California Municipal Opportunistic Value Fund (GCMFX) is 0.89%, while Nuveen Municipal Total Return Managed Accounts (NMTRX) has a volatility of 1.07%. This indicates that GCMFX experiences smaller price fluctuations and is considered to be less risky than NMTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GCMFX | NMTRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.89% | 1.07% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 1.52% | 1.82% | -0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.27% | 4.93% | -0.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.15% | 3.97% | -0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.74% | 4.38% | -1.64% |