PIMCO Enhanced Short Maturity Active Exchange-Traded Fund (MINT) is an actively managed exchange-traded fund that seeks maximum current income consistent with preservation of capital and daily liquidity by investing primarily in short-term, high-quality fixed-income securities with a dollar-weighted average portfolio maturity of not more than three years. The fund normally allocates its assets among a variety of short-duration debt obligations, including investment-grade corporate debt securities; notes, bonds and other debt securities issued or guaranteed by the U.S. government, its agencies or instrumentalities; sovereign debt obligations; municipal debt and mortgage-related and other asset-backed securities; commercial paper; certificates of deposit; fixed and floating-rate U.S. dollar-denominated structured investments; and cash and money market instruments. It benchmarks its performance against the FTSE 3-Month U.S. Treasury Bill Index and the Bloomberg U.S. Aggregate Index, maintaining a focus on investment-grade debt to minimize credit risk while pursuing enhanced yields over traditional money market funds.
Launched on November 16, 2009, by PIMCO ETF Trust, a registered open-ended investment company domiciled in the United States with legal headquarters c/o The Corporation Trust Company in Wilmington, Delaware, and managed from PIMCO's primary operations in Newport Beach, California, MINT serves institutional and retail investors seeking low duration exposure in the ultrashort bond segment. The portfolio is led by Managing Director Jerome Schneider since inception, with co-portfolio managers Nathan Chiaverini and Andrew Wittkop joining in July 2021. As of late 2025, the fund manages approximately $14.5 billion in net assets, reflecting sustained inflows amid its appeal as a cash alternative with competitive yields.
In recent developments, MINT has benefited from PIMCO's broader ETF expansion strategy, including the February 2025 launch of four active fixed-income ETFs in Australia that complement its global product suite, and the December 2025 introduction of two new UCITS ETFs focused on global and euro government bonds under PIMCO's active management framework. PIMCO also updated its headquarters address in its Legal Entity Identifier records as of July 2024, reinforcing operational stability. These initiatives underscore PIMCO's ongoing commitment to scaling actively managed short-maturity and fixed-income solutions amid evolving market demands for liquidity and income.