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Upturn AI SWOT - About
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI)
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Upturn Advisory Summary
04/01/2025: MUNI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 0.92% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 218023 | Beta 0.78 | 52 Weeks Range 49.97 - 52.28 | Updated Date 04/2/2025 |
52 Weeks Range 49.97 - 52.28 | Updated Date 04/2/2025 |
Upturn AI SWOT
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
ETF Overview
Overview
The PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (symbol: MUNI) is an actively managed ETF that seeks to maximize current income, consistent with preservation of capital and prudent risk management. It primarily invests in investment-grade U.S. municipal bonds with an intermediate-term duration.
Reputation and Reliability
PIMCO is a well-regarded and established investment management firm with a long history and strong reputation.
Management Expertise
PIMCO has a team of experienced portfolio managers and analysts specializing in municipal bonds.
Investment Objective
Goal
To maximize current income, consistent with preservation of capital and prudent risk management, by investing in intermediate-term municipal bonds.
Investment Approach and Strategy
Strategy: The fund is actively managed, meaning it does not track a specific index. Portfolio managers select municipal bonds based on their creditworthiness, yield, and potential for appreciation.
Composition The ETF primarily holds investment-grade U.S. municipal bonds. It may also invest in derivatives and other instruments.
Market Position
Market Share: MUNI has a substantial market share within the actively managed intermediate-term municipal bond ETF category.
Total Net Assets (AUM): 366447024.16
Competitors
Key Competitors
- VTEB
- ITM
- SUB
Competitive Landscape
The competitive landscape for intermediate municipal bond ETFs is characterized by a mix of passively managed index funds and actively managed funds. MUNI competes with both. MUNI's advantage lies in its active management, allowing for potential outperformance through security selection. A disadvantage is its higher expense ratio compared to passively managed index funds.
Financial Performance
Historical Performance: Historical performance can be found on PIMCO's website and financial data providers such as Yahoo Finance, Google Finance, etc.
Benchmark Comparison: The fund's performance is typically compared to a benchmark such as the Bloomberg Barclays 5-Year Municipal Bond Index.
Expense Ratio: 0.35
Liquidity
Average Trading Volume
MUNI's average trading volume indicates moderate liquidity, making it relatively easy to buy and sell shares.
Bid-Ask Spread
The bid-ask spread for MUNI is generally tight, suggesting reasonable trading costs.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, and the overall health of the municipal bond market influence MUNI's performance.
Growth Trajectory
MUNI's growth depends on investor demand for municipal bond exposure and PIMCO's ability to generate alpha through active management, including changes to strategy and holdings based on market outlook.
Moat and Competitive Advantages
Competitive Edge
MUNI's competitive advantage stems from PIMCO's expertise in fixed-income investing and active management. PIMCO's experienced portfolio managers use a disciplined investment process to identify attractive municipal bonds. The active management approach allows MUNI to potentially outperform passively managed index funds, particularly in volatile markets. The fund's focus on intermediate-term bonds helps to balance risk and return.
Risk Analysis
Volatility
MUNI's volatility is generally moderate, reflecting the stability of investment-grade municipal bonds.
Market Risk
Risks include interest rate risk (bond prices decline when rates rise), credit risk (issuers may default), and market risk (broader economic factors can impact bond prices).
Investor Profile
Ideal Investor Profile
MUNI is suitable for investors seeking tax-exempt income and diversification through municipal bonds.
Market Risk
MUNI is best for long-term investors who are comfortable with moderate risk and appreciate the potential for active management to enhance returns.
Summary
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund is an actively managed ETF offering exposure to U.S. municipal bonds with an intermediate-term duration. It aims to maximize current income while preserving capital. Its competitive edge comes from PIMCO's expertise in fixed-income investing. This fund is suitable for long-term investors seeking tax-exempt income and diversification, who are comfortable with moderate risk and active management.
Similar Companies
BAB
Invesco Taxable Municipal Bond ETF
BAB
Invesco Taxable Municipal Bond ETF
VTEB
Vanguard Tax-Exempt Bond Index Fund ETF Shares
VTEB
Vanguard Tax-Exempt Bond Index Fund ETF Shares
Sources and Disclaimers
Data Sources:
- PIMCO Website
- Yahoo Finance
- Bloomberg
- Google Finance
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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). It may invest 25% or more of its total assets in Municipal Bonds that finance similar projects, such as those relating to education, health care, housing, transportation, and utilities, and 25% or more of its total assets in industrial development bonds.
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