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PMBS vs MUNI

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund vs PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

PMBS

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund

PIMCO

Annual cost

0.71%

Fund size

$1.3B

MUNI

PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

PIMCO

Annual cost

0.35%

Fund size

$2.9B

Key differences

  • MUNI costs 0.36% less per year.
  • PMBS is classified as alternative, while MUNI is fixed income — different risk/return profiles.
  • PMBS follows a tactical allocation strategy; MUNI uses index tracking.
  • PMBS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PMBSMUNI
Annual cost (TER)0.71%0.35%
Fund size (AUM)$1.3B$2.9B
Since19972009
Dividend yield4.98%3.28%
Asset classalternativefixed income
Regionnorth america
Strategytactical allocationindex tracking
CAGR 1Y+8.2%+5.7%
CAGR 3YN/A+3.4%
CAGR 5YN/A+1.2%
Sharpe 3YN/A-0.03
Volatility 1Y4.26%2.26%
Max drawdown-4.35%-11.16%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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