MINT — PIMCO Enhanced Short Maturity Active Exchange-Traded Fund

MINT Price Performance — Growth of $10,000

Value of a $10,000 investment in MINT over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

MINT Drawdown

The "underwater" chart: MINT's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

PIMCO Enhanced Short Maturity Active Exchange-Traded Fund is an ultra-short cash instrument managed by PIMCO with $18.3 billion in assets. It holds a C grade and ranks fifth among nine peers in its category, placing it at number 290 across all tracked ETFs. The fund’s 0.36% expense ratio exceeds the category median of 0.15%, while its 4.10% dividend yield sits just below the peer average of 4.14%. Concentrated exposure is evident, with the top ten holdings comprising only 13.4% of assets and the largest position being a 6.2% stake in United States Treasury securities.

The fund’s price of $100.36 rests at 22.0% of its 52-week range, indicating limited recent price appreciation relative to its historical bounds. Short-term momentum shows modest gains, with one-month returns of 0.14% and three-month returns of 0.82%. Longer-term performance is stronger, as the one-year return of 4.14% outpaces the category median of 3.55% and the three-year total reaches 15.80%. The ETFValuer grade has remained unchanged at C over the last 35 tracked days, reflecting stable but unremarkable evaluation metrics. Historical price data is available for only 3.0 years, limiting the depth of long-term trend analysis.

Risk metrics indicate minimal market sensitivity, with a beta of 0.01 and annualized volatility of 0.31% classified as Very Low. This stability is reflected in a maximum drawdown of just -0.16%, suggesting the fund has experienced negligible peak-to-trough declines. However, the Sharpe ratio of -2.80 implies that risk-adjusted returns have been poor relative to the risk-free rate during the measured period. Liquidity remains robust, supported by an average daily volume of 1,777,412 shares, which facilitates easy entry and exit for investors.

AI-generated summary based on the data on this page.

MINT Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 13.4% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how MINT's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With MINT

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with MINT's top 10 — MBB overlaps most, holding 2 of the same companies as MINT's top 10 (2.1% of MINT's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 5.27% (as of 2026-10-06) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.01 (as of 2026-10-06) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

MINT Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 1.8M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $18.3B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: MINT is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

MINT Performance History

How MINT Compares to Other Ultra-Short / Cash ETFs