PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
PIMCO ETF Trust · Series S000026751 · 1 share classes
data updated 2026-08-10
Fund profile
As filed in the prospectus · 2025 Q4
The Fund seeks maximum current income, consistent with preservation of capital and daily liquidity.
The fund invests at least 80% of assets in investment-grade fixed-income securities with dollar-weighted average maturity normally not exceeding three years, positioning duration based on PIMCO's market forecasts to typically stay under one year. The fund may hold mortgage and asset-backed securities, foreign-issued debt, and use derivatives including futures and forward contracts. Because portfolio duration and composition shift with manager forecasts rather than tracking a fixed benchmark, returns will diverge from any static interest-rate scenario.
| Share class | Expense ratio |
|---|---|
| MINT | 0.36% |
Portfolio turnover 79.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q1
| Bonds | 69.81% |
| Securitized | 29.36% |
| Derivatives | 0.00% |
| Cash & short-term | -0.06% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: UNITED STATES GOVT, NISSAN AUTO LEASE TRUST 26-A, HCA INC, GLOBAL PAYMENTS INC, SAUDI ARABIA GOVT, PHILLIPS 66, CROWN CASTLE INTERNATIONAL CORP (CCI), TORONTO-DOMINION BANK
Largest exited: UNITED STATES GOVT, The BOEING CO, CROWN CASTLE INTERNATIONAL CORP (CCI), BERRY GLOBAL INC, HCA INC, BPCE SA, KOMMUNALBANKEN AS, SOUTHERN CALIFORNIA EDISON COMPANY
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026
Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-03-31
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Floating rate | 55.9% |
| Fixed rate | 34.0% |
| Zero-coupon or unclassified | 10.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 40.5% |
| 1-3y | 39.3% |
| 3-5y | 2.5% |
| 5-10y | 0.8% |
| 10y+ | 17.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q1
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 72% |
| Interest rates | 28% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +1.12 yr |
| High yield | +0.00 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.12 yr | 29% |
| 1 yr | 0.24 yr | 56% |
| 5 yr | 0.02 yr | 6% |
| 10 yr | 0.00 yr | 0% |
| 30 yr | 0.04 yr | 9% |
| 3 mo | 0.66 yr | 60% |
| 1 yr | 0.41 yr | 36% |
| 5 yr | 0.04 yr | 4% |
| 10 yr | 0.00 yr | 0% |
| 30 yr | 0.00 yr | 0% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.12 | +0.66 | +0.00 | $1.06m | $263 |
| 1 yr | +0.24 | +0.41 | +0.00 | $650.7k | $0 |
| 5 yr | +0.02 | +0.04 | +0.00 | $69.6k | $0 |
| 10 yr | +0.00 | +0.00 | +0.00 | $763 | $0 |
| 30 yr | +0.04 | +0.00 | +0.00 | $988 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | UNITED STATES GOVT3.88% · due 2028-03-31 | 3.39% | $542.43M | — |
| — | FANNIE MAE REMICS 2025-184.56% floating · due 2054-09-25 | 1.29% | $206.87M | — |
| — | FREDDIE MAC REMICS 55134.60% floating · due 2054-11-25 | 1.14% | $182.22M | — |
| — | AIR LEASE CORPORATION1.88% · due 2026-08-15 | 0.88% | $139.95M | — |
| — | AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST2.45% · due 2026-10-29 | 0.78% | $125.02M | — |
| — | WORLD BANK (INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT: IBRD)4.00% floating · due 2026-09-23 | 0.72% | $115.08M | — |
| — | NISSAN AUTO LEASE TRUST 26-A4.12% floating · due 2028-05-15 | 0.65% | $103.79M | — |
| — | VMWARE LLC1.40% · due 2026-08-15 | 0.60% | $96.21M | — |
| — | DEUTSCHE BANK AG/NEW YORK BRANCH7.15% floating · due 2027-07-13 | 0.56% | $89.18M | — |
| — | EVERGREEN CREDIT CARD TRUST SERIES 2025-1A4.23% floating · due 2029-10-15 | 0.55% | $88.29M | — |
Top 10 positions are 10.57% of net assets, top 25 17.58%, across 633 issuers.
See more of this fund's book
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