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PIMCO Enhanced Short Maturity Active Exchange-Traded Fund aims to maximize current income and preserve capital for investors. MINT invests in USD-denominated, investment grade fixed income securities with a focus on local securities. The fund keeps the average duration of its portfolio to one year or less, minimizing interest rate risk.
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the PIMCO Multisector Bond Active ETF (PYLD) with Chuck Jaffe of “Money Life.” The pair talked about several topics regarding the fund to give investors a deeper understanding of the ETF overall.
Normalization of interest rates has rapidly changed the fixed income landscape. The PIMCO Enhanced Short Maturity Active Exchange-Traded Fund is often described as a cash alternative, but it is more volatile and carries more risk than other funds. MINT's index and expense ratio make it less comparable to true cash equivalents, and it fails to deliver a meaningful yield spread. SGOV or traditional money market funds may be better options.
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund is a cash-like instrument that offers liquidity, capital preservation, and attractive yield. MINT is actively managed by experienced investors and has a diversified portfolio with low-risk holdings. MINT focuses on liquidity and capital preservation, but has credit risk and interest rate risk.
On this episode of the “ETF of the Week” podcast, Tom Lydon discussed the PIMCO Enhanced Short Maturity Active ETF (MINT) with Chuck Jaffe of “Money Life.” The pair talked about several topics regarding the fund to give investors a deeper understanding of the ETF overall.
VettaFi's vice chairman Tom Lydon discussed the PIMCO Enhanced Short Maturity Active ETF (MINT) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund ETF, a short-term bond ETF, has achieved positive returns and outperformed other fixed-income asset classes since early 2023. Other funds, including Janus Henderson AAA CLO ETF, have performed even better. An overview of the MINT ETF, and at some alternatives, follows.
Short term bond fund, PIMCO Enhanced Short Maturity Active ETF, has delivered steady total returns in 2023, outperforming other cash parking vehicles and equity indices. MINT offers a low-risk, low-volatility investment option with a total return in excess of 6% for 2023. The fund's portfolio is composed of investment grade debt and has a negligible duration profile, making it well-positioned for higher interest rates.
For investors seeking momentum, PIMCO Enhanced Short Maturity Active ETF MINT is probably on radar. The fund just hit a 52-week high and is up 1.99% from its 52-week low price of $98.14/share.
When I think of actively managed fixed income ETFs, PIMCO is one of the firms to come to mind. David Braun, who manages the PIMCO Active Bond ETF (BOND), helped kick off the VettaFi Fixed Income Symposium.