PMLCX Performance — PIMCO Municipal Bond Fund, Class C
Data updated: 2026-09-11
PMLCX returned +2.11% year to date and +6.39% over one year to Jun 2026. Annualised returns are +3.96% over 3 years and +0.57% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $112, against $111 for the category, and to $106 over one year, against $106. Volatility over the past three years was 5.65% a year. In the 12 months to Jun 2026 the fund took in a net $1.0B, and assets reached $5.11B.
PMLCX Growth of $100
What $100 invested in PIMCO Municipal Bond 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 | PMLCX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $112 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $103 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $112 | $112 |
PMLCX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.11% |
| 1 year | +6.39% |
| 3 years (annualised) | +3.96% |
| 5 years (annualised) | +0.57% |
PMLCX Annual Returns
Calendar-year total returns of PIMCO Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +2.11% |
| 2025 | +3.53% |
| 2024 | +2.07% |
| 2023 | +7.53% |
| 2022 | −11.36% |
| 2021 | +1.72% |
| 2020 | +5.02% |
| 2019 (Jul–Dec) | +2.35% |
PMLCX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.7% | +1.4% | −2.0% | +0.9% | +0.4% | +0.8% | — | — | — | — | — | — |
| 2025 | +0.4% | +1.2% | −1.8% | −0.6% | −0.6% | +0.8% | −0.7% | +1.0% | +2.7% | +1.1% | +0.1% | 0.0% |
| 2024 | 0.0% | +0.3% | +0.3% | −1.2% | +0.4% | +1.3% | +0.7% | +0.7% | +1.0% | −1.3% | +1.5% | −1.6% |
| 2023 | +3.0% | −2.2% | +1.7% | +0.4% | −0.5% | +0.9% | +0.3% | −1.0% | −2.6% | −1.6% | +6.6% | +2.6% |
| 2022 | −2.6% | −0.9% | −3.4% | −3.1% | +0.8% | −2.1% | +2.6% | −2.0% | −4.0% | −1.5% | +4.8% | −0.2% |
| 2021 | +0.9% | −1.8% | +0.5% | +1.1% | +0.6% | +0.5% | +0.8% | −0.6% | −0.9% | −0.3% | +1.0% | +0.1% |
| 2020 | +1.7% | +1.4% | −4.3% | −1.9% | +2.9% | +1.7% | +1.7% | −0.6% | −0.3% | −0.4% | +2.0% | +1.0% |
| 2019 | — | — | — | — | — | — | +0.6% | +1.8% | −0.6% | 0.0% | +0.2% | +0.4% |
PMLCX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 5.65%
- 3-year Sharpe ratio: -0.10 (vs 4.5% risk-free rate)
- Best month: +6.59% (Nov 2023)
- Worst month: −2.56% (Sep 2023)
PMLCX Fund Flows
Monthly money in and out of PIMCO Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $1.0B
- 12-month gross sales (incl. reinvestments): $2.3B
- Sales ÷ redemptions: 1.78×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $146.0M | $83.6M | $62.4M |
| May 2026 | $157.3M | $68.9M | $88.3M |
| Apr 2026 | $176.1M | $103.6M | $72.5M |
| Mar 2026 | $183.8M | $120.7M | $63.1M |
| Feb 2026 | $173.6M | $57.6M | $116.0M |
| Jan 2026 | $195.5M | $114.8M | $80.7M |
| Dec 2025 | $226.6M | $110.9M | $115.7M |
| Nov 2025 | $154.5M | $56.8M | $97.8M |
| Oct 2025 | $227.5M | $87.9M | $139.6M |
| Sep 2025 | $201.7M | $243.3M | −$41.6M |
| Aug 2025 | $181.9M | $114.3M | $67.6M |
| Jul 2025 | $315.5M | $153.1M | $162.4M |
PMLCX Assets Under Management
Net assets of PIMCO Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $5.11B |
| 2026-03-31 | $4.82B |
| 2025-12-31 | $4.60B |
| 2025-09-30 | $4.23B |
| 2025-06-30 | $3.95B |
| 2025-03-31 | $3.81B |
| 2024-12-31 | $3.35B |
| 2024-09-30 | $3.19B |
| 2024-06-30 | $2.84B |
| 2024-03-31 | $2.60B |
| 2023-12-31 | $2.52B |
| 2023-09-30 | $2.10B |
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.