The PIMCO Enhanced Short Maturity Active Exchange-Traded Fund (MINT) "seeks maximum current income, consistent with preservation of capital and daily liquidity." The fund invests in a mixture of corporate, agency, and government short-term debt. Its goal is to generate income in excess of a typical money market fund, which would invest in similar instruments.
Full disclosure: My previous employer is a partner with PIMCO, and I worked on the team managing a series of PIMCO funds. I have no current ties to PIMCO.
I started looking at MINT as an alternative for the