MINT News and Press, PIMCO Enhanced Short Maturity Active Exchange-Traded Fund From 04/11/23

2023-04-11 13:18:35 ET Summary The Fed was quick to keep rates near zero when the pandemic struck. However, it made a mistake to see inflation as transitory and kept rates low for too long. As a result, the Fed needed to raise rates at an aggressive pace and magnitude to keep infl...

2023-04-07 02:56:48 ET Summary MINT attempts to provide better than cash returns with the assumption of some credit risk. It has a 30-Day SEC yield of 5.0%. With T-bills currently yielding 4.8%, the extra yield pick-up from the MINT ETF may not be worth it for the credit risk ...

2023-03-11 04:30:32 ET Summary ETFs started out as just another form of index-matching alternative to mutual funds. But today, there are now over 1000 actively managed ETFs. While actively managed ETFs and mutual funds have pretty consistently trailed passively managed ones in...

Summary VNLA is an exchange-traded fund targeting short-duration corporate bonds. With a 30-day SEC yield of 4.7% and a low duration of 0.34 years, the fund is a good choice to navigate a rising rate environment. VNLA has better risk metrics when compared with MINT, having had a sha...

Summary Bond funds are coming back in vogue as they are offering better yields relative to 2021. BLV covers the investment grade spectrum of bonds and focuses on quality. We tell you the pros and cons of owning this and what we like better. For further details ...

Summary The iShares Floating Rate Bond ETF is an investment grade, floating rate, corporate bond fund. The vehicle has a 0.06 years duration and a 5% 30-day SEC yield. The vehicle is composed of investment-grade bonds only and is overweight 'A' credits. The fund has an extremely...

Summary Rising interest rates have led to higher yields for cash-replacement funds. MINT is one such fund, sporting a good 5.4% yield to maturity / forward yield. An overview of the fund follows. I last covered the PIMCO Enhanced Short Maturity Active Exchange-Traded F...

Summary We've witnessed such a quick and sharp correction in the stock market that the S&P 500 nearly moved from bear-market to bull-market in a matter of weeks. Nonetheless, there are still plenty of signs suggesting that this rapid move isn't going to last much longer, therefore w...

Summary CLOI is an exchange traded fund focused on CLO debt. The fund is composed of AAA / AA and A tranches, with an overweight positioning in AA tranches. The underlying collateral pool is floating rate, meaning that distributions have increased as rates have risen. Based on h...

Summary Janus Henderson AAA CLO is an exchange traded fund. The fund is composed solely of AAA CLO tranches. The vehicle is virtually risk-free, with this slice of debt never defaulting in its history. The asset base is floating rate, hence JAAA is now offering 30-day SEC yields...