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Company Details

PIMCO Fds, High Yield Municipal Bond Fund Insti Class

PHMIX - NASDAQ

Identifiants & Marche

Ticker PHMIX
ISIN N/A
CIK 0000810893
Bourse NASDAQ
Devise USD

Classification

Entreprise

Pays US
Siege N/A
Fondee N/A
Site Web N/A

Description

The fund invests at least 80% of its assets in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax ("Municipal Bonds"). It may invest, without limitation, in higher rated Municipal Bonds. The fund may invest up to 30% of its assets in "private activity" bonds whose interest is a tax-preference item for purposes of the federal alternative minimum tax ("AMT").