FXIEX

About FXIEX

PIMCO Fixed Income Shares: Series TE is an open-end mutual fund specializing in **high-yield municipal bonds**. Managed by PIMCO since its inception in 2012, the fund's main goal is to provide investors with **high current income that is exempt from U.S. federal income tax**, making it especially attractive to tax-sensitive investors such as individuals in higher tax brackets. The fund allocates at least 80% of its net assets to U.S. municipal debt securities whose interest payments are tax-free at the federal level, though not necessarily exempt from the alternative minimum tax. It follows an actively managed strategy, seeking high income through investments in municipal securities that are often non-investment grade or below BBB, placing it in the high-yield muni category. The fund features a **monthly distribution schedule** and routinely maintains a diversified portfolio with hundreds of holdings spread primarily across U.S. issuers. PIMCO Fixed Income Shares: Series TE plays an essential role in the market for investors seeking municipal bond exposure with an emphasis on higher yields, balancing risk through broad diversification and the expertise of established portfolio managers.