MINO – PIMCO Muncpl Income Oppos Act Ex-Trd – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks current income exempt from federal income tax and long-term capital appreciation. The fund seeks to achieve its investment objective by investing under normal circumstances 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. It may invest up to 30% of its total assets in high yield securities. The average portfolio duration of this fund normally varies within (negative) 2 years to positive 2 years of the portfolio duration of the securities comprising the Bloomberg Municipal Bond Index.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MINO	PIMCO Municipal Income Opportunities Active Exchange-Traded Fund	ETF	Open			Sep 8, 2021	$774.04M	0.390%	—	—	$435.90M

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