PIMCO National Intermediate ... Municipal 1-15 Year Bond Index, by an annualized 39 basis points over the same period. The risk-adjusted performance only continues to make a case for this fund.

Fellow generalists David Hoag and Chit Purani are the fund’s longest- and shortest-tenured managers, respectively. Hoag, who started in municipal ... distinct intermediate core bond category ...

BlackRock converted its high-yield municipal bond mutual fund into an actively-managed high-yield exchange-traded fund this ...

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