PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
Actively managed U.S. bond ETF
As of its 2026 Q2 report, PIMCO Enhanced Short Maturity Active Exchange-Traded Fund held 1,019 positions with $16.43B in net assets. Its ten largest holdings made up 13.4% of the fund. The MINT share class costs 0.36% a year. Over the 12 months to May 2026, MINT returned 4.7%, with dividends reinvested. In 2026 Q2 it added 259 new positions and exited 263.
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.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
United States Treasury 4.13% · due 2031-05-31 | 6.21% | $1.02B | — |
Fannie Mae 4.53% floating · due 2054-09-25 | 1.12% | $184.13M | — |
Freddie Mac 4.57% floating · due 2054-11-25 | 0.99% | $162.64M | — |
SUMISHO AIR LEASE CORP 1.88% · due 2026-08-15 | 0.87% | $142.78M | — |
HSBC HOLDINGS PLC 4.75% · due 2028-06-09 | 0.77% | $127.01M | — |
AERCAP IRELAND CAP/GLOBA 2.45% · due 2026-10-29 | 0.77% | $126.69M | — |
Trillium Credit Card Trust II 4.23% floating · due 2031-03-26 | 0.71% | $116.97M | — |
INTL BK RECON & DEVELOP 3.96% floating · due 2026-09-23 | 0.70% | $115.05M | — |
HCA Inc | 0.63% | $104.07M | — |
SOUTHWEST AIRLINES CO 5.13% · due 2027-06-15 | 0.63% | $103.79M | — |
The 200 largest of 1,019 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Bonds | 67.73% |
| Securitized | 27.65% |
| Cash & short-term | 4.39% |
| Derivatives | 0.03% |
Derivatives are shown at market value, not notional exposure.
By sector
- Securitized
- 27.1%
- International
- 18.9%
- Financials
- 15.4%
- Other
- 10.9%
- 11 other sectors
- 27.7%
- Securitized
- 27.1%
- International
- 18.9%
- Financials
- 15.4%
- Other
- 10.9%
- Government
- 7.5%
- Cash
- 6.3%
- Utilities
- 5.3%
- Industrials
- 2.6%
- Information Technology
- 1.6%
- Energy
- 1.3%
- Consumer Staples
- 1.3%
- Real Estate
- 1.1%
- Health Care
- 0.6%
- Consumer Discretionary
- 0.1%
- Communication Services
- 0.1%
How it has done
MINT share class · total returns with dividends reinvested
Volatility over the last 12 months: 0.18%. Past returns are a record, not a forecast.
Jun 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.
Fees & fund details
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund is an actively managed U.S. bond ETF.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Expense ratio, by class
- 0.36%· MINT 0.36%
- Portfolio turnover
- 79.00% a year · as of 2025 Q4
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
259 new· the largest 8
263 exited· the largest 8
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
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.
This fund's 2026Q2 interest-rate duration was flagged for a possible filing data-quality anomaly; the value shown is from its most recent clean filing (2026Q1).
This fund's 2026Q2 credit-spread duration was flagged for a possible filing data-quality anomaly; the value shown is from its most recent clean filing (2026Q1).
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.
Understand how this fund fits with the rest.
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