PIMCO Municipal Bond Fund

1 / 5 Stars
2 2 2 3 5
Zacks Investment Research
2 (Buy)
Standard & Poor's
2 / 5 Stars
B+ (Buy)

U.S. News evaluated 58 Muni National Long Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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The fund has returned 6.59 percent over the past year, 5.10 percent over the past three years, 6.06 percent over the past five years, and 2.61 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 6.8%
1 Year 6.6%
3 Years (Annualized) 5.1%
5 Years (Annualized) 6.1%
10 Years (Annualized) 2.6%

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The investment seeks high current income exempt from federal income tax, consistent with preservation of capital; capital appreciation is a secondary objective. The fund normally invests at least 80% of its assets in 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"). It may invest up to 20% of its net assets in U.S. government securities, money market instruments and/or "private activity" bonds. The average portfolio duration of this fund normally varies from three to ten years, based on PIMCO's forecast for interest rates.


Fees are Above Average compared to funds in the same category.
PIMCO Municipal Bond Fund has an expense ratio of 1.50 percent.

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Risk is Above Average compared to funds in the same category according to Morningstar.

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