PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI)

PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) is an exchange-traded fund in the Muni National Interm category. It has $3.09B in assets, an expense ratio of 0.35% and a 3.46% dividend yield. 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"). The fund may invest up to 30% of its net assets in “private activity” bonds whose interest is a tax-preference item for purposes of the federal alternative minimum tax (“AMT”).