PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
$100.410.00 (0.00%)
- 0.36%
- $18.3B
- +4.2%
- 4.10%
- 1.7M sh
- $100.39
- low $100.23high $100.82
The ETF.net MINT Grade
B
Score 64 out of 100
- 32 of 78
Score 64 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F12 out of 100Rank 68 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 66Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 4 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A87 out of 100Rank 5 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A87 out of 100Rank 8 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A89 out of 100Rank 5 of 78
Our read on MINT
BPIMCO's parking spot for cash, running since 2009: an active ultra-short bond portfolio of roughly 800 positions built around current income, capital preservation and daily liquidity, paying out monthly.
The Fund seeks maximum current income while emphasizing capital preservation and daily liquidity and applying PIMCO’s ESG investment strategy.
Why people hold it
- Trading since 2009 and now a multi-billion-dollar fund that changes hands actively, it sits in the upper half of its cash-alternative peer group on execution and portfolio quality.
- The mandate is plain: maximum current income while emphasizing capital preservation and daily liquidity. Fully active, so managers can shift as short-rate conditions change instead of tracking an index.
- About 800 positions, so no single issuer sets the tone. Income is distributed monthly.
Worth knowing
- At 0.36%, it costs more than the 0.20% cash-alternative median and well above ICSH (0.08%) and JPST (0.18%). Active management is what the extra buys.
- The stated objective folds in PIMCO's ESG investment strategy, which narrows the eligible issuer pool versus a plain ultra-short mandate.
- A 1940 Act fund holding short-maturity bonds, not a bank deposit: the share price moves and principal isn't insured.
MINT Holdings
- Bonds
- 1,075
- 11%
- Us Treasury N/B 06/31 4.125 4.13% 06/30/2031
Geography
- United States69.15%
- United Kingdom7.67%
- Canada7.33%
- Japan4.77%
- Spain2.23%
- France2.04%
- Ireland1.62%
- Netherlands1.26%
- 3.92%
MINT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
MINT$10,415
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MINT |
|---|---|
| Year to date | +3.1% |
| 1 month | +0.2% |
| 3 months | +0.8% |
| 1 year | +4.2% |
| 3 years | +5.0% |
| 5 years | +3.7% |
| 10 years | +2.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MINT |
|---|---|---|
| 2026 YTD | +3.1% | |
| 2025 | +4.7% | |
| 2024 | +5.9% | |
| 2023 | +6.3% | |
| 2022 | −1.0% | |
| 2021 | 0.0% | |
| 2020 | +1.6% |
MINT in the news
MINT Dividends
- 4.10%
- $4.11
- $0.33 per share
- Monthly
Distribution history
MINT Risk
- 0.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.54
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −2.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MINT Cost
0.36%
MINT0.36%
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
68 of the 78 Cash & Ultra-Short Income funds charge less.
Other funds in Cash & Ultra-Short Income
- BCGUICapital Group Ultra Short Income ETFExpense ratio 0.18%1 year return +3.7%
- BGSSTGoldman Sachs Ultra Short Bond ETFExpense ratio 0.20%1 year return +3.9%
- BCGOVCorgi ETF Trust I - Corgi 0-3 Month T-Bill ETFExpense ratio 0.05%1 year return —
- BIQMMProShares - GENIUS Money Market ETFExpense ratio 0.15%1 year return —
- BNUSBNuveen Ultra Short IncomeExpense ratio 0.17%1 year return +3.8%