Average Daily Volume
1.66M
Fund Overview
The PIMCO Enhanced Short Maturity Active ETF (MINT) is an actively managed exchange-traded fund that seeks to maximize current income, consistent with preservation of capital and daily liquidity. MINT invests primarily in a diversified portfolio of short-duration, investment-grade debt securities, including corporate bonds, government and agency securities, and mortgage-backed securities. The fund aims to provide investors with a higher yield than traditional money market funds while maintaining a low level of interest rate risk. MINT is designed for investors seeking a conservative fixed-income investment with the potential for slightly higher returns than cash equivalents.
- Asset Class
-
Bond
- Industry
-
N/A
- Annual Dividend Rate
-
- Smart Beta
-
Yes
- Leveraged / Inverse
-
N/A / No
- Dividend Quality - Yield
-
- 4.44 %
- Currency Hedged
-
No
- Portfolio Turnover
-
57 %
- Dividend Date
-
Why Invest in the MINT ETF?
Potential Benefits
- Actively managed to seek higher yields than traditional money market funds while maintaining short duration.
- Invests in a diversified portfolio of high-quality, short-term fixed-income securities.
- Provides daily liquidity, making it suitable for cash management purposes.
- Lower interest rate sensitivity compared to longer-duration bond funds.
- Managed by PIMCO, a leading fixed-income investment manager with extensive credit research capabilities.
Potential Risks
- Credit risk: Potential for issuer defaults, though mitigated by investment-grade focus.
- Interest rate risk: While limited due to short duration, rising rates can still negatively impact returns.
- Liquidity risk: Some holdings may become less liquid in stressed market conditions.
- Active management risk: Performance depends on portfolio managers' decisions, which may not always be correct.
- Yield risk: In low-rate environments, yields may not keep pace with inflation.
RSI data unavailable or insufficient history.
Monthly Returns (%)
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2026 |
+0.4%
|
+0.3%
|
+0.2%
|
+0.5%
|
+0.4%
|
+0.4%
|
+0.3%
|
+0.3%
|
+0.1%
|
+0.1%
|
-
|
-
|
| 2025 |
+0.4%
|
+0.4%
|
+0.3%
|
+0.2%
|
+0.5%
|
+0.4%
|
+0.4%
|
+0.5%
|
+0.4%
|
+0.4%
|
+0.3%
|
+0.4%
|
| 2024 |
+0.6%
|
+0.5%
|
+0.5%
|
+0.5%
|
+0.5%
|
+0.4%
|
+0.4%
|
+0.5%
|
+0.5%
|
+0.4%
|
+0.5%
|
+0.4%
|
| 2023 |
+0.9%
|
+0.2%
|
+0.2%
|
+0.5%
|
+0.6%
|
+0.6%
|
+0.6%
|
+0.6%
|
+0.5%
|
+0.5%
|
+0.5%
|
+0.5%
|
| 2022 |
-0.2%
|
-0.3%
|
-0.8%
|
-0.3%
|
0.0%
|
-0.4%
|
+0.3%
|
+0.2%
|
-0.3%
|
-0.2%
|
+0.6%
|
+0.5%
|
| 2021 |
+0.1%
|
0.0%
|
-0.1%
|
+0.1%
|
+0.1%
|
0.0%
|
+0.1%
|
0.0%
|
0.0%
|
-0.1%
|
-0.1%
|
0.0%
|
| 2020 |
+0.3%
|
+0.2%
|
-2.7%
|
+1.8%
|
+0.7%
|
+0.7%
|
+0.3%
|
+0.1%
|
+0.1%
|
+0.1%
|
+0.1%
|
+0.1%
|
| 2019 |
+0.4%
|
+0.3%
|
+0.3%
|
+0.3%
|
+0.3%
|
+0.3%
|
+0.2%
|
+0.2%
|
+0.2%
|
+0.3%
|
+0.2%
|
+0.2%
|
| 2018 |
+0.1%
|
+0.1%
|
+0.1%
|
+0.2%
|
+0.2%
|
+0.1%
|
+0.2%
|
+0.3%
|
+0.2%
|
+0.2%
|
0.0%
|
0.0%
|
| 2017 |
+0.2%
|
+0.2%
|
+0.2%
|
+0.1%
|
+0.2%
|
+0.1%
|
+0.2%
|
+0.2%
|
+0.2%
|
+0.2%
|
+0.1%
|
+0.1%
|
< -5%
-5% to -2%
-2% to 0%
0%
0% to +2%
+2% to +5%
> +5%
Top Holdings (by weight)
| Symbol |
Company Name |
Weight |
No holdings data available.
Related ETFs: MINT vs Peers
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.
Investment Strategy
MINT employs an active management strategy to construct a diversified portfolio of short-duration, investment-grade fixed income securities. The fund typically maintains an average portfolio duration of less than one year. PIMCO's investment process combines top-down macroeconomic analysis with bottom-up security selection. The portfolio managers have flexibility to allocate across various sectors including corporate credit, government securities, and securitized assets. Unlike index-tracking ETFs, MINT can adjust its holdings based on changing market conditions and relative value opportunities. The fund is continuously managed, with portfolio adjustments made as market conditions and investment opportunities evolve.
Frequently Asked Questions
What is the average duration of MINT's portfolio?
MINT typically maintains an average portfolio duration of less than one year, making it less sensitive to interest rate changes than longer-duration bond funds.
How does MINT differ from a money market fund?
MINT seeks higher yields than money market funds by investing in slightly longer-duration securities while still maintaining a short maturity profile and high credit quality.
Does MINT pay monthly dividends?
Yes, MINT generally distributes dividends on a monthly basis, making it attractive for investors seeking regular income.
Can MINT be used as a cash alternative?
While MINT offers daily liquidity and focuses on capital preservation, it carries slightly more risk than traditional cash instruments and should be evaluated based on individual risk tolerance.
How has MINT performed during periods of rising interest rates?
Due to its short duration, MINT has historically been more resilient during rising rate environments compared to longer-duration bond funds, though it may still experience some price volatility.
Industry Overview
The MINT ETF operates in the short-term bond fund category, which has grown significantly as investors seek yield alternatives to traditional money market funds while maintaining capital preservation. This sector typically attracts conservative investors, cash management strategies, and those looking to reduce portfolio volatility. PIMCO's MINT stands out in this space by combining active management with a focus on investment-grade, short-duration securities. The ultra-short bond ETF market has become increasingly competitive, with products differentiating themselves through yield optimization strategies, credit quality focus, and liquidity features.
Alternative Comparison
Compared to peers like NEAR (iShares Short Maturity Bond ETF) and GSY (Invesco Ultra Short Duration ETF), MINT distinguishes itself through PIMCO's active management approach and potentially higher yield potential. While NEAR tracks an index of short-term bonds and GSY follows a rules-based approach, MINT benefits from PIMCO's discretionary decision-making in security selection and sector allocation. MINT's expense ratio is competitive within the active ultra-short bond ETF category. Unlike some competitors that may take on more credit risk to boost yields, MINT maintains a strict investment-grade focus while still seeking to optimize returns.
Issuer Overview
PIMCO (Pacific Investment Management Company) is a global leader in fixed income investing, managing over $2 trillion in assets as of 2025. Founded in 1971, PIMCO is known for its active management approach, deep credit research capabilities, and macroeconomic insights. The firm has extensive experience managing short-duration strategies and has been a pioneer in developing innovative fixed income solutions. PIMCO's ETF lineup, including MINT, benefits from the firm's institutional-grade research and trading capabilities.
Conclusion
The PIMCO Enhanced Short Maturity Active ETF (MINT) offers investors an actively managed solution for short-term fixed income exposure. With its focus on capital preservation, daily liquidity, and yield enhancement relative to cash instruments, MINT serves as a potential core holding for conservative investors or a tactical allocation for more aggressive portfolios. While not without risks, the fund's investment-grade focus and PIMCO's experienced management team provide a compelling option in the ultra-short bond ETF space.
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