PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU)

• Market cap: $841M
• 1 day: 0.02%
• 5 days: 0.06%
• 1 month: 0.34%
• 3 months: -0.06%
• 6 months: -0.02%
• Year to date: 0.36%
• 1 year: 0.28%
• 5 years: -1.77%
• 10 years: -0.20%

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

72% more repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 46

15% more capital invested

Capital invested by funds: $526M [Q4 2024] → $605M (+$78.6M) [Q1 2025]

5.87% more ownership

Funds ownership: 82.89% [Q4 2024] → 88.76% (+5.87%) [Q1 2025]

4% less funds holding

Funds holding: 170 [Q4 2024] → 164 (-6) [Q1 2025]

13% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 15

40% less funds holding in top 10

Funds holding in top 10: 5 [Q4 2024] → 3 (-2) [Q1 2025]