The PIMCO Enhanced Short Maturity Active ETF (MINT) is one of the largest, most popular ultra-low risk and duration funds in the market today. It is a reasonably good investment opportunity for investors looking for cash, savings account, or CD alternatives, and compares somewhat favorably to its peers.
Fund Overview
MINT is an ultra-low duration, fixed-income ETF. The fund is benchmarked to the FTSE 3-Month Treasury Bill Index, and aims to achieve superior returns, lower volatility and comparable liquidity compared to said benchmark. As we shall soon see, MINT successfully accomplishes this