PIMCO Fds, High Yield Municipal Bond Fund Insti Class

Frequently Asked Questions About PHMIX

What are the top holdings of PHMIX?

A machine-readable holdings disclosure for PIMCO Fds, High Yield Municipal Bond Fund Insti Class (PHMIX) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.

What sectors does PHMIX invest in?

PIMCO Fds, High Yield Municipal Bond Fund Insti Class (PHMIX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is PHMIX most exposed to?

PHMIX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is PHMIX a US-only fund?

The country allocation card on this page shows PHMIX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does PHMIX invest in?

The fund primarily focuses on investing at least 80% of its capital in municipal bonds. These fixed-income instruments are selected because their interest income is, as determined by the issuer's bond counsel at the time of issue, exempt from federal income tax. The fund has no restrictions on the amount it can allocate to higher-rated municipal debt. Additionally, it may dedicate up to 30% of its assets to "private activity" bonds, the interest from which is considered a tax preference item for federal Alternative Minimum Tax (AMT) calculations.