PIMCO Short Term Municipal Bond Exchange-Traded Fund (NYSEARCA:SMMU) Declares Monthly Dividend of $0.12

PIMCO Short Term Municipal Bond Exchange-Traded Fund (NYSEARCA:SMMU) declared a monthly dividend on Tuesday, December 30th. Stockholders of record on Wednesday, December 31st will be given a dividend of 0.12 per share on Monday, January 5th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 9.1% increase from PIMCO Short Term Municipal Bond Exchange-Traded Fund’s previous monthly dividend of $0.11.

PIMCO Short Term Municipal Bond Exchange-Traded Fund Trading Down 0.2%

NYSEARCA SMMU traded down $0.09 during trading on Wednesday, hitting $50.47. The stock had a trading volume of 61,716 shares, compared to its average volume of 106,251. PIMCO Short Term Municipal Bond Exchange-Traded Fund has a 12 month low of $45.50 and a 12 month high of $52.02. The company’s 50-day moving average price is $50.48 and its two-hundred day moving average price is $50.41.

PIMCO Short Term Municipal Bond Exchange-Traded Fund Company Profile

PIMCO Short Term Municipal Bond ETF, formerly PIMCO Short Term Municipal Bond Strategy Fund, is an exchange-traded fund. It is designed to be appropriate for investors seeking tax-exempt income. The Fund consists of a portfolio of primarily short duration, bonds which carry interest income that is exempt from federal tax and in some cases state tax. The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in a diversified portfolio of 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).