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SMMUPIMCO Short Term Municipal Bond Active Exchange-Traded Fund

Get incomeStay safe16y track recordRanked #30 of 387 in this goal

Seeks attractive tax-exempt income, consistent with preservation of capital.

By PIMCO · Launched 2010

Annual Cost

0.35%

#1,699 of 6,040 · low cost

Fund Size

$1.2B

#1,089 of 6,040 · large

Return (1Y)

+1.2%

Track Record

16 years

#742 of 6,040 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,116+1.2%

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

Holdings

By weight

Concentration

Top 10 holdings = 15.6% of funddiversified

UNITED STATES GOVT
2.5%
UNITED STATES GOVT
2.0%
CONNECTICUT STATE HEALTH & EDUCATIONAL FACILITIES AUTHORITY
1.9%
FEDERAL HOME LOAN BANK (FHLB)
1.7%
NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY
1.5%
FORT BEND INDEPENDENT SCHOOL DISTRICT
1.4%
UNITED STATES GOVT
1.3%
MIAMI-DADE COUNTY HOUSING FINANCE AUTHORITY
1.2%
CONNECTICUT STATE HEALTH & EDUCATIONAL FACILITIES AUTHORITY
1.2%
MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
1.0%

Asset allocation

Bonds
86.7%
Cash
13.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
1.1%Low

Year-on-year price swings

Max drawdown
-5.0%Mild

Worst peak-to-trough loss

Sharpe (3Y)
-0.34Below average
Sortino (3Y)
-0.43Moderate downside risk

Bond profile

Duration

4.1 years

Avg maturity

10.3 years

Credit ratings

US Government
10.8%
AAA
20.5%
AA
59.1%
A
17.1%
BBB
3.3%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks attractive tax-exempt income, consistent with preservation of capital.
Strategy
Invests at least 80% of assets in a diversified portfolio of investment grade Municipal Bonds issued by U.S. states and local governments, focusing on bonds with attractive current yields. The average portfolio duration is not expected to exceed three years.
Inception date
February 1, 2010
Fund family
PIMCO

Next steps

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Data updated on 2026-09-18