MINT — PIMCO Enhanced Short Maturity Active Exchange-Traded Fund

Overview

The PIMCO Enhanced Short Maturity Active Exchange-Traded Fund, trading under the ticker MINT, operates within the Ultra-Short / Cash category managed by PIMCO. With assets under management totaling $16.4 billion, the fund represents a significant presence among the 4 ETFs tracked by ETFValuer in this specific sector. Despite its substantial size, the fund holds an overall rank of #107 out of 120 tracked ETFs across all categories, earning it a C grade with a score of 52.9 out of 100. Investors are charged an expense ratio of 0.36% for access to the fund's strategy, while the current share price stands at $100.54. The fund offers a dividend yield of 4.27%, which is a key metric for income-focused investors in this asset class. The combination of high assets under management and a mid-tier grade suggests broad adoption despite the fund's lower relative ranking compared to the broader universe of tracked ETFs.

Over the most recent trading day, the fund recorded a flat return of 0.00%, followed by a modest gain of +0.05% over the one-week period. Monthly performance accelerated to +0.35%, building upon a three-month return of +0.80% and a six-month gain of +1.85%. Year-to-date returns mirror the six-month figure at +1.85%, indicating that the majority of the fund's recent gains occurred prior to the current calendar year. The one-year return expanded significantly to +4.29%, while the three-year annualized return reached +16.32%. This trajectory demonstrates a pattern where short-term fluctuations remain minimal while longer-term horizons capture more substantial cumulative growth. The data shows a consistent upward trend in returns as the investment horizon extends from daily to multi-year periods.

The fund is assigned a Very Low volatility label, which aligns with its classification as an Ultra-Short / Cash instrument. A beta value is not reported for this fund, leaving the direct correlation to market movements undefined in the provided data. The Sharpe ratio stands at -1.74, indicating that the risk-adjusted return has been negative relative to the risk-free rate over the measurement period. Despite the negative Sharpe ratio, the maximum drawdown has been limited to -0.28%, suggesting that the fund has experienced minimal capital erosion during market downturns. This combination of very low volatility and a shallow maximum drawdown implies a defensive profile that prioritizes capital preservation over aggressive growth. The negative Sharpe ratio suggests that while the fund successfully avoided large losses, the returns generated may not have sufficiently compensated for the risk taken over the specific timeframe measured.

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

MINT Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing.

Market Backdrop

10-Year Treasury Yield: 4.55% (as of 2026-07-07) — 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): 16.13 (as of 2026-07-07) — 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: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

MINT Performance History

How MINT Compares to Other Ultra-Short / Cash ETFs