GCMVX Performance — PIMCO California Municipal Intermediate Value Fund, Institutional Class
Data updated: 2025-11-26
GCMVX returned +2.35% over one year to Sep 2025. Annualised returns are +3.95% over 3 years and +0.86% over 5 years. Against its Intermediate Municipal Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $112, against $113 for the category, and to $102 over one year, against $101. Volatility over the past three years was 3.89% a year. In the 12 months to Sep 2025 the fund lost a net $1.3M, and assets reached $25.43M.
GCMVX Growth of $100
What $100 invested in PIMCO California Municipal Intermediate Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | GCMVX | Category average |
|---|---|---|
| 1 year (Oct 2024 – Sep 2025) | $102 | $101 |
| 3 years (Oct 2022 – Sep 2025) | $112 | $113 |
| 5 years (Oct 2020 – Sep 2025) | $104 | $104 |
| Since data start (Jul 2019 – Sep 2025) | $109 | $108 |
GCMVX Trailing Returns
Total returns to Sep 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.35% |
| 3 years (annualised) | +3.95% |
| 5 years (annualised) | +0.86% |
GCMVX Annual Returns
Calendar-year total returns of PIMCO California Municipal Intermediate Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Sep) | +3.34% |
| 2024 | +1.00% |
| 2023 | +4.55% |
| 2022 | −5.37% |
| 2021 | +0.23% |
| 2020 | +3.75% |
| 2019 (Jul–Dec) | +1.51% |
GCMVX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.4% | +0.9% | −0.9% | −0.2% | +0.4% | +0.7% | +0.2% | +0.7% | +1.0% | — | — | — |
| 2024 | −0.2% | 0.0% | 0.0% | −0.7% | −0.5% | +1.0% | +0.8% | +0.9% | +0.7% | −1.2% | +1.0% | −0.8% |
| 2023 | +1.9% | −1.7% | +1.8% | −0.3% | −1.0% | +0.7% | +0.1% | −0.5% | −1.4% | −0.4% | +3.6% | +1.7% |
| 2022 | −2.1% | −0.4% | −2.1% | −2.0% | +1.2% | −0.7% | +1.8% | −1.4% | −2.6% | −0.2% | +2.8% | +0.4% |
| 2021 | +0.3% | −1.4% | +0.3% | +0.6% | 0.0% | +0.1% | +0.7% | −0.1% | −0.6% | −0.1% | +0.3% | +0.1% |
| 2020 | +1.5% | +0.9% | −3.0% | −0.5% | +3.1% | +0.2% | +1.2% | −0.3% | 0.0% | −0.2% | +0.9% | +0.2% |
| 2019 | — | — | — | — | — | — | +0.8% | +1.1% | −0.8% | 0.0% | +0.2% | +0.2% |
GCMVX Risk
Risk measures from monthly returns over Oct 2022 – Sep 2025.
- 3-year volatility (annualised): 3.89%
- 3-year Sharpe ratio: -0.14 (vs 4.5% risk-free rate)
- Best month: +3.62% (Nov 2023)
- Worst month: −1.73% (Feb 2023)
GCMVX Fund Flows
Monthly money in and out of PIMCO California Municipal Intermediate Value Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.3M
- 12-month gross sales (incl. reinvestments): $5.0M
- Sales ÷ redemptions: 0.79×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2025 | $969K | $504K | $465K |
| Aug 2025 | $286K | $489K | −$203K |
| Jul 2025 | $53K | $501K | −$447K |
| Jun 2025 | $270K | $786K | −$516K |
| May 2025 | $568K | $270K | $299K |
| Apr 2025 | $114K | $445K | −$331K |
| Mar 2025 | $127K | $539K | −$412K |
| Feb 2025 | $265K | $225K | $40K |
| Jan 2025 | $131K | $1.1M | −$929K |
| Dec 2024 | $2.1M | $950K | $1.1M |
| Nov 2024 | $55K | $335K | −$280K |
| Oct 2024 | $69K | $172K | −$103K |
GCMVX Assets Under Management
Net assets of PIMCO California Municipal Intermediate Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-09-30 | $25.43M |
| 2025-06-30 | $25.29M |
| 2025-03-31 | $25.76M |
| 2024-12-31 | $27.12M |
| 2024-09-30 | $26.81M |
| 2024-06-30 | $26.68M |
| 2024-03-31 | $27.34M |
| 2023-12-31 | $28.60M |
| 2023-09-30 | $22.53M |
| 2023-06-30 | $24.65M |
| 2023-03-31 | $26.36M |
| 2022-12-31 | $28.91M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.