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PMF vs MUNI

Comparison between Pimco Municipal Income Fund (PMF, ETF) and PIMCO INTERMEDIATE MUNICIPAL BOND ACTIVE EXCHANGE-TRADED FUND (MUNI, ETF).

5-Year PerformanceMUNI has outperformed PMF, delivering a return of +1.3% compared to -5.7%

PMF vs MUNI - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
PMF
N/A
MUNI
$3B
Expense Ratio
PMF
N/A
MUNI
0.35%
Max Drawdown
PMF
64.15%
Winner
MUNI
13.40%
Sharpe Ratio
PMF
-0.99
Winner
MUNI
1.00
5Y Beta
PMF
0.17
Winner
MUNI
0.05
5Y Dividends CAGR
PMF
-6.06%
Winner
MUNI
11.72%

PMF vs MUNI - Historical Returns

Returns include dividend reinvestment.

1M
PMF
-2.11%
Winner
MUNI
+1.02%
3M
PMF
-3.98%
Winner
MUNI
+0.50%
6M
PMF
-11.99%
Winner
MUNI
+1.54%
1Y
PMF
-11.68%
Winner
MUNI
+5.94%
5Y(CAGR)
PMF
-5.69%
Winner
MUNI
+1.26%
10Y(CAGR)
PMF
-0.51%
Winner
MUNI
+2.10%
Max(CAGR)
Winner
PMF
+3.52%
MUNI
+2.75%

PMF vs MUNI - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

YearPMFMUNI
2026N/A+1.30%
2025-11.56%+4.61%
2024+2.16%+1.60%
2023-9.39%+5.98%
2022-27.19%-6.69%
2021+14.36%+0.64%
2020-4.24%+4.77%
2019+23.15%+6.95%
2018+1.05%+1.10%
2017-6.42%+4.72%
2016-1.34%-0.48%
2015+14.60%+2.66%
2014+24.32%+5.58%
2013-18.07%-2.51%
2012+17.11%+4.73%
2011+20.88%+8.18%
2010+7.95%+3.95%
2009+59.23%-0.37%
2008-44.13%N/A
2007-11.30%N/A
2006+13.20%N/A
2005+23.73%N/A
2004+8.10%N/A
2003+2.35%N/A
2002+7.86%N/A
2001-4.87%N/A

PMF vs MUNI Drawdown Comparison

The maximum drawdown for PMF was -60.15%, occurring on Dec 15, 2008. Recovery took 808 trading sessions.

The maximum drawdown for MUNI was -11.15%, occurring on Oct 25, 2022. Recovery took 766 trading sessions.

The current PMF drawdown is -38.07%. The current MUNI drawdown is -0.65%.

RankPMFMUNI
#1-60.15%
May 21, 2007 - Aug 4, 2010
-11.15%
Jul 19, 2021 - Aug 5, 2024
#2-44.20%
Aug 27, 2021 - Oct 26, 2023
-10.81%
Mar 9, 2020 - Jul 16, 2020
#3-32.87%
Dec 11, 2019 - Apr 29, 2021
-6.25%
May 2, 2013 - Aug 11, 2014
#4-26.62%
Dec 4, 2012 - Jan 6, 2015
-5.09%
Aug 23, 2016 - Aug 14, 2017
#5-23.36%
Jul 7, 2016 - Jun 3, 2019
-4.13%
Aug 31, 2010 - May 18, 2011
#6-18.67%
Aug 10, 2010 - Nov 1, 2011
-3.67%
Feb 28, 2025 - Sep 5, 2025
#7-12.21%
Feb 2, 2015 - Dec 1, 2015
-2.70%
Jan 30, 2015 - Dec 1, 2015
#8-12.14%
Apr 1, 2004 - Aug 25, 2004
-2.29%
Feb 27, 2026 - Mar 26, 2026
#9-10.74%
Aug 16, 2001 - Jul 10, 2002
-2.27%
Oct 2, 2024 - Dec 6, 2024
#10-8.66%
Nov 13, 2012 - Dec 4, 2012
-2.26%
Dec 6, 2024 - Feb 26, 2025
#11-8.45%
Dec 29, 2005 - Mar 23, 2006
-2.25%
Sep 22, 2011 - Dec 6, 2011
#12-8.45%
Jul 3, 2003 - Jan 13, 2004
-1.99%
Dec 5, 2012 - May 1, 2013
#13-7.95%
Feb 8, 2012 - Apr 24, 2012
-1.80%
Sep 8, 2017 - Aug 15, 2018
#14-6.73%
Oct 1, 2002 - May 13, 2003
-1.73%
Feb 11, 2021 - Jun 9, 2021
#15-6.67%
Sep 6, 2005 - Nov 23, 2005
-1.66%
Mar 12, 2010 - May 21, 2010

Correlation

Correlation between PMF and MUNI is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80
-101

Dividend Comparison (2001 - 2026)

PMF vs MUNI dividend yield comparison.

YearPMFMUNI
20260.00%1.35%
20253.79%3.26%
20245.61%3.50%
20235.40%3.09%
20226.21%2.13%
20214.26%1.62%
20205.26%1.92%
20194.81%2.44%
20185.71%2.38%
20175.68%2.37%
20166.78%2.37%
20156.31%2.20%
20146.81%1.91%
20137.98%2.30%
20126.21%2.27%
20116.86%2.33%
20107.74%2.54%
20097.87%0.09%
200812.79%0.00%
20076.73%0.00%
20065.58%0.00%
20055.92%0.00%
20046.93%0.00%
20037.05%0.00%
20027.09%0.00%
20012.90%0.00%

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