# PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/muni for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: PIMCO · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2009-11-30 MUNI is an actively managed municipal bond fund, meaning that its portfolio tilts are dynamic and can deviate quite a bit from neutral exposure. The fund principally invests in investment-grade municipal bonds that are exempt from federal alternative minimum tax. The fund focuses on bonds with potentially attractive current income by looking for consistent current yields or competitive prices. As an actively managed fund, duration, yield, and geographic biases are all liable to change quite a bit. The fund may, at its own discretion, use other investment techniques such as entering into pur... ## Key Facts | Metric | Value | |---|---| | Price | $51.10 | | Expense Ratio | 0.35% | | Assets Under Management | $3.09B | | NAV | $50.91 | | Holdings Count | 446 | | Distribution Yield (TTM) | 3.37% | | Annual Distribution (TTM) | $1.72 /share | | Distribution Frequency | Monthly | | 52-Week Range | $49.29 – $53.37 | | Beta | 0.79 | ## Latest Distribution - Amount: $0.1400 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-05 ## Frequently Asked Questions ### What does MUNI invest in? MUNI is an actively managed municipal bond fund, meaning that its portfolio tilts are dynamic and can deviate quite a bit from neutral exposure. The fund principally invests in investment-grade municipal bonds that are exempt from federal alternative minimum tax. The fund focuses on bonds with potentially attractive current income by looking for consistent current yields or competitive prices. As an actively managed fund, duration, yield, and geographic biases are all liable to change quite a bit. The fund may, at its own discretion, use other investment techniques such as entering into purchase and sale contracts. ### What is the expense ratio of MUNI? PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations. ### What is MUNI's dividend yield? MUNI's trailing-twelve-month yield is 3.37%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of MUNI? Effective duration measures MUNI's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MUNI's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of MUNI? MUNI's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of MUNI? Yield to maturity (YTM) is the total return you'd earn from MUNI if every bond in the portfolio is held to maturity at the current price. MUNI's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does MUNI pay a dividend? Yes, PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) distributes dividends to shareholders. The trailing-twelve-month yield is 3.37%. Full dividend history is on this page. ### How often does MUNI pay dividends? PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is MUNI's next ex-dividend date? The most recently announced ex-dividend date for MUNI was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will MUNI's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.35% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MUNI charge its expense ratio? The expense ratio is deducted in tiny daily slices from MUNI's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MUNI cost more than a fund like VOO? MUNI is actively managed (current expense ratio 0.35%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether MUNI's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MUNI? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MUNI (0.35%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/muni - Distribution history: https://www.dividenddata.com/funds/muni/dividend - Holdings & diversification: https://www.dividenddata.com/funds/muni/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/muni/expenses - Peer comparison: https://www.dividenddata.com/funds/muni/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.