PIMCO Fds, High Yield Municipal Bond Fund Insti Class (PHMIX) Research
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.
Market snapshot
- Symbol
- PHMIX
- Price
- $8.44
- Day change
- +0.12%
- Market cap
- $6.3B
- 52-week range
- 8.06-8.52
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
Peer companies
- Baird Core Intermediate Municipal Bond Fund - Investor Class (BMNSX)
- DoubleLine Low Duration Bond Fund Class I (DBLSX)
- DoubleLine Low Duration Bond Fund Class N (DLSNX)
- Janus Henderson Triton Fund Class D (JANIX)
- Jensen Quality Growth Fund Class Y (JENYX)
- Janus Henderson Triton Fund Class A (JGMAX)
- Janus Henderson Triton Fund Class N (JGMNX)
- American Funds Ltd Term Tax-Ex Bond Fd of America Cl F-1 Shs (LTXFX)
Open PIMCO Fds, High Yield Municipal Bond Fund Insti Class (PHMIX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.