PMNNX Fees and Costs — PIMCO National Intermediate Municipal Bond Fund, Class C
Data updated: 2026-08-31
The net expense ratio is 1.30%: a 0.55% management fee plus a 0.75% 12b-1 fee. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $246 in broker commissions, and portfolio turnover was 20%.
PMNNX Fees and Expenses
Annual operating expenses and sales charges of PMNNX. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.75% |
| Other expenses | — |
| Gross expense ratio | 1.30% |
| Fee waiver | — |
| Net expense ratio | 1.30% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
PMNNX Costs Over Time
On $10,000 invested in PMNNX, assuming 5% a year before costs, total costs come to $808 over 5 years, cutting the return by 1.36% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $104 | $0 | $0 |
| Fund expenses (net expense ratio 1.30%) | $136 | $425 | $734 |
| Lost growth on money paid in costs | $0 | $21 | $74 |
| Total costs | $240 | $446 | $808 |
| Value after costs | $10,260 | $11,131 | $11,955 |
| Impact on return, per year | 2.40% | 1.36% | 1.36% |
PMNNX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $246
- Bought from dealers (principal trades, not a cost): $5.9B
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
PMNNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BGC Financial, L.P. | $225 | 91.46% |
| J.P. Morgan Securities LLC | $21 | 8.54% |
PMNNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Deutsche Bank Securities Inc. | $3.3B | 57.26% |
| Pacific Investment Management Company LLC | $850.2M | 14.98% |
| BofA Securities, Inc. | $633.9M | 11.17% |
| Goldman Sachs & Co. LLC | $240.6M | 4.24% |
| BNP Paribas Securities Corp. | $171.6M | 3.02% |
| State Street Bank and Trust Company | $133.4M | 2.35% |
| J.P. Morgan Securities LLC | $128.8M | 2.27% |
| BNY Capital Markets, LLC | $116.9M | 2.06% |
| Morgan Stanley & Co. LLC | $91.7M | 1.61% |
| Jefferies LLC | $59.6M | 1.05% |
PIMCO National Intermediate Municipal Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PMNIX | Institutional Class | 0.45% | none |
| PMNPX | Class I-2 | 0.55% | none |
| PMNTX | Class A | 0.80% | 2.25% |
| PMNNX | Class C | 1.30% | none |
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.