PMFLX vs. NQP

Last updated Jun 4, 2026

PMFLX (PIMCO Flexible Municipal Income Fund) and NQP (Nuveen Pennsylvania Quality Municipal Income) are both Municipal Bonds funds. PMFLX charges 0.70%/yr vs 1.27%/yr for NQP.

Performance

PMFLX vs. NQP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Flexible Municipal Income Fund (PMFLX) and Nuveen Pennsylvania Quality Municipal Income (NQP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PMFLX

• 1D: 0.20%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NQP

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PMFLX vs. NQP - Yearly Performance Comparison

	2026 (YTD)
PMFLX PIMCO Flexible Municipal Income Fund	0.66%
NQP Nuveen Pennsylvania Quality Municipal Income	0.00%

Return for Risk

PMFLX vs. NQP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Flexible Municipal Income Fund (PMFLX) and Nuveen Pennsylvania Quality Municipal Income (NQP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PMFLX	NQP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	17.21	—	—

Drawdowns

Drawdown Indicators

	PMFLX	NQP	Difference
Max Drawdown Largest peak-to-trough decline	-0.10%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-0.03%	—	—

Volatility

Volatility by Period

	PMFLX	NQP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	5.22%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.22%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.22%	—	—

PMFLX vs. NQP - Expense Ratio Comparison

PMFLX has a 0.70% expense ratio, which is lower than NQP's 1.27% expense ratio.

Dividends

PMFLX vs. NQP - Dividend Comparison

PMFLX's dividend yield for the trailing twelve months is around 0.36%, less than NQP's 7.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NQP Nuveen Pennsylvania Quality Municipal Income	7.13%	7.87%	6.69%	3.07%	4.89%	4.51%	4.38%	4.23%	5.34%	5.34%	5.67%	6.10%
PMFLX PIMCO Flexible Municipal Income Fund	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%