PIMCO Short Term Municipal Bond Exchange-Traded Fund (SMMU)
- Fixed Income | Municipal Debt Funds
The investment seeks attractive tax-exempt income, consistent with preservation of capital. The fund invests at least 80% of its assets in a diversified portfolio of debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax ("Municipal Bonds"). Municipal Bonds generally are issued by or on behalf of states and local governments and their agencies, authorities and other instrumentalities. It may only invest in U.S. dollar-denominated investment grade debt securities, rated Baa or higher.
Fund Snapshot Updated 05.16.2013
|Previous Close||$50.48||Expense Ratio||0.35%|
|YTD Return||0.5%||Avg. 30-Day Volume||9,136|
|1-Year Return||0.8%||Market Cap||Loading...|