PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI)
ARCA ARCA Primary 
XMIL 
Tax Changes Highlight Utility of This Active Muni ETF
The One Big Beautiful Bill Act (OBBBA) contains a plethora of tax alterations that advisors and clients should be aware of. The tax advantages offered by municipal bonds remain in place.
MUNI: Reasonable Income For The Very Risk Averse
MUNI offers diversified, tax-free income via intermediate municipal bonds, with modest interest rate risk and high liquidity. The fund is well-managed and low-cost, but yields are only compelling for top tax bracket investors or the highly risk-averse. Tax advantages make MUNI attractive mainly to those with high marginal tax rates; for most, similar after-tax yields are available elsewhere.
MUNI: Strong PIMCO Muni Bond ETF, Very Low 3.4% Yield, Weak Investment Thesis
MUNI is an actively-managed muni bond ETF from PIMCO. Although the fund's dividends are tax-advantaged, its 3.4% dividend yield is too low for a buy rating. Lots of ETFs provide higher after-tax income to effectively all investors, including CARY and JAAA.
