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PMIOPGIM Municipal Income Opportunities ETF

Get income2y track recordRanked #919 of 1,650 in this goal

Seeks total return through a combination of current income exempt from federal income taxes and capital appreciation.

By PGIM · Launched 2024

Annual Cost

0.25%

#1,139 of 5,861 · low cost

Fund Size

$50M

#3,639 of 5,861 · mid-size

Dividend YieldGoal

4.23%

Track Record

2 years

#3,534 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,517+5.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 27.8% of fundwell diversified

(PIPA070) PGIM Core Government Money Market Fund
5.4%
ILLINOIS ST TOLL HWY AUTH
2.7%
PUBLIC FIN AUTH WIS
2.6%
KENTUCKY INC KY PUB ENERGY AUTH
2.6%
BLACK BELT ENERGY GAS DIST ALA
2.5%
UTAH CNTY UTAH
2.5%
iShares Trust
2.5%
NATIONAL FIN AUTH N H
2.3%
PUBLIC FIN AUTH WIS
2.3%
NATIONAL FIN AUTH N H
2.3%

Asset allocation

Bonds
103.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.2%Low

Year-on-year price swings

Max drawdown
-3.4%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Bond profile

Duration

4.8 years

Avg maturity

10.3 years

Credit ratings

AAA
0.3%
AA
39.7%
A
21.8%
BBB
12.5%
BB
5.5%
Other
20.2%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks total return through a combination of current income exempt from federal income taxes and capital appreciation.
Strategy
Actively manages a portfolio primarily invested in municipal obligations whose income is exempt from federal income taxes, targeting investment grade municipal debt obligations. May invest in high yield municipal debt and uses derivatives to enhance returns or hedge risks.
Inception date
June 14, 2024
Fund family
PGIM

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Data updated on 2026-08-04