GNMFX — PIMCO National Municipal Opportunistic Value Fund
Data updated: 2026-08-31
GNMFX — PIMCO National Municipal Opportunistic Value Fund. Long Municipal - National Bond · $185.88M AUM. Holdings, fees, performance and SEC filings.
GNMFX Fund Overview
GNMFX — PIMCO National Municipal Opportunistic Value Fund is a US mutual fund managed by PIMCO Funds, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: PIMCO Funds
- Category: Long Municipal - National Bond
- Assets under management: $185.88M
- 1-year return: 7.1%
- Ticker: GNMFX
- SEC CIK: 0000810893
- SEC series ID: S000064095
- Share class ID: C000207238
GNMFX Holdings
Top 10 holdings of PIMCO National Municipal Opportunistic Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| County of Miami-Dade FL Aviation Revenue | 2.98% |
| Triborough Bridge & Tunnel Authority | 2.77% |
| Hawaii Housing Finance & Development Corp | 2.43% |
| Charlotte-Mecklenburg Hospital Authority/The | 2.40% |
| Port of Seattle WA | 2.17% |
| Metropolitan Washington Airports Authority Aviation Revenue | 1.89% |
| County of Coshocton OH | 1.88% |
| New Hampshire Housing Finance Authority | 1.73% |
| Columbus Regional Airport Authority | 1.72% |
| Morgan County School District No 117 Jacksonville | 1.69% |
GNMFX Portfolio Allocation
Asset-class allocation of PIMCO National Municipal Opportunistic Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 96.6% |
| Securitized | 1.5% |
| Cash & Equivalents | 0.9% |
| Equity | 0.1% |
GNMFX Performance
Total returns for GNMFX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.7% |
| 1 year | 7.1% |
| 3 years (annualised) | 3.7% |
| 5 years (annualised) | 1.8% |
GNMFX Risk Information
Risk metrics for GNMFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.5%
GNMFX Costs and Fees
GNMFX costs about $60 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.60%
- Gross expense ratio: 0.60%
- Portfolio turnover: 13%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
GNMFX Cashflows
Over the 12 months to 2026-06, PIMCO National Municipal Opportunistic Value Fund had net outflows of $65.45M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$3.22M |
| 2026-05 | −$9.08M |
| 2026-04 | −$7.83M |
| 2026-03 | −$5.97M |
| 2026-02 | $767.36K |
| 2026-01 | −$3.18M |
GNMFX Debt Constituents
Largest debt holdings of PIMCO National Municipal Opportunistic Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| County of Miami-Dade FL Aviation Revenue | 2.98% |
| Triborough Bridge & Tunnel Authority | 2.77% |
| Hawaii Housing Finance & Development Corp | 2.43% |
| Charlotte-Mecklenburg Hospital Authority/The | 2.40% |
| Port of Seattle WA | 2.17% |
| Metropolitan Washington Airports Authority Aviation Revenue | 1.89% |
| County of Coshocton OH | 1.88% |
| New Hampshire Housing Finance Authority | 1.73% |
| Columbus Regional Airport Authority | 1.72% |
| Morgan County School District No 117 Jacksonville | 1.69% |
GNMFX Prospectus and SEC Filings
Official PIMCO National Municipal Opportunistic Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-07-25
- Prospectus (485BPOS) — filed 2023-07-31
- Prospectus (485BPOS) — filed 2022-07-28
- Portfolio holdings (N-PORT) — filed 2026-08-31
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-03-02
- Annual census (N-CEN) — filed 2026-06-11
- Annual census (N-CEN) — filed 2025-06-13
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.