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

• Market cap: $953M
• 1 day: 0.08%
• 5 days: 0.38%
• 1 month: 0.56%
• 3 months: 1.38%
• 6 months: 1.3%
• Year to date: 1.73%
• 1 year: 0.68%
• 5 years: -1.13%
• 10 years: 0.76%

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

54% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 48

40% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 15

28% more capital invested

Capital invested by funds: $607M [Q1] → $779M (+$172M) [Q2]

2% more funds holding

Funds holding: 165 [Q1] → 168 (+3) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]

1.08% less ownership

Funds ownership: 89.0% [Q1] → 87.92% (-1.08%) [Q2]