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MINT - ICSH: Safe Recessionary Vehicle
June, 08 2022 11:55 AM
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
ICSH is a short-term bond exchange-traded fund. The ETF works as a yield-enhancing tool for parked cash and has performed very robustly in the face of rising interest rates. Due to its ultra-low duration and investment grade rating profile, ICSH is an attractive vehicle for a mild recessionary environment. The fund's 30-day SEC yield will keep rising as the underlying portfolio "rolls" into new securities. For further details see:
ICSH: Safe Recessionary Vehicle
Stock Information
Company Name:
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
Stock Symbol:
MINT
Market:
NYSE
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