PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
PIMCO ETF Trust · Series S000026751 · 1 share classes
data updated 2026-09-08
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 Q2
| Bonds | 67.73% |
| Securitized | 27.65% |
| Cash & short-term | 4.39% |
| Derivatives | 0.03% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: United States Treasury, F. H. Deacon Hodgson, HSBC HOLDINGS PLC, Trillium Credit Card Trust II, HCA Inc, SOUTHWEST AIRLINES CO, BOEING CO, Freddie Mac
Largest exited: UNITED STATES GOVT, SANTANDER UK GROUP HOLDINGS PLC, HCA INC, GLOBAL PAYMENTS INC, SAUDI ARABIA GOVT, PHILLIPS 66, NEW YORK LIFE GLOBAL FUNDING, CROWN CASTLE INTERNATIONAL CORP (CCI)
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are 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 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 57.0% |
| Floating rate | 43.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 28.8% |
| 1-3y | 43.1% |
| 3-5y | 10.9% |
| 5-10y | 0.7% |
| 10y+ | 16.4% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.
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.
| Interest rates | 51% |
| Credit spreads | 49% |
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 | +7.99 yr |
| High yield | -0.09 yr |
Share of duration at each point, shortest first. This filer signs its rate and credit disclosures differently; the direction shown follows its interest-rate filing, and a negative reading is the least-supported figure here.
| 3 mo | 1.55 yr | 19% |
| 1 yr | 1.74 yr | 21% |
| 5 yr | 1.50 yr | 18% |
| 10 yr | 1.69 yr | 21% |
| 30 yr | 1.71 yr | 21% |
| 3 mo | 1.59 yr | 20% |
| 1 yr | 1.35 yr | 17% |
| 5 yr | 1.63 yr | 21% |
| 10 yr | 1.64 yr | 21% |
| 30 yr | 1.70 yr | 21% |
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 | +1.55 | +1.60 | -0.00 | $2.62m | -$2.6k |
| 1 yr | +1.74 | +1.35 | -0.01 | $2.22m | -$10.3k |
| 5 yr | +1.50 | +1.65 | -0.02 | $2.72m | -$31.4k |
| 10 yr | +1.69 | +1.68 | -0.05 | $2.77m | -$79.6k |
| 30 yr | +1.71 | +1.71 | -0.01 | $2.80m | -$18.3k |
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 Treasury4.13% · due 2031-05-31 | 6.21% | $1.02B | — |
| — | Fannie Mae4.53% floating · due 2054-09-25 | 1.12% | $184.13M | — |
| — | Freddie Mac4.57% floating · due 2054-11-25 | 0.99% | $162.64M | — |
| — | SUMISHO AIR LEASE CORP1.88% · due 2026-08-15 | 0.87% | $142.78M | — |
| — | HSBC HOLDINGS PLC4.75% · due 2028-06-09 | 0.77% | $127.01M | — |
| — | AERCAP IRELAND CAP/GLOBA2.45% · due 2026-10-29 | 0.77% | $126.69M | — |
| — | Trillium Credit Card Trust II4.23% floating · due 2031-03-26 | 0.71% | $116.97M | — |
| — | INTL BK RECON & DEVELOP3.96% floating · due 2026-09-23 | 0.70% | $115.05M | — |
| — | HCA Inc | 0.63% | $104.07M | — |
| — | SOUTHWEST AIRLINES CO5.13% · due 2027-06-15 | 0.63% | $103.79M | — |
Top 10 positions are 13.41% of net assets, top 25 21.81%, across 342 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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