MINTLN

US Dollar Short Maturity UCITS ETF
Cash Management
category / asset class
3.94%
est. yield to maturity
As of 2022-08-05
$99.10
DAILY NAV
As of 2022-08-05
-1.56%
ytd return
As of 2022-08-05

why invest in this fund

Fund Specific Risks

Counterparty Risk

Other financial institutions provide services such as safekeeping of assets or as a counterparty to financial contracts such as derivatives. The fund is exposed to the risk of bankruptcy, or other type of default of transaction counterparties.

Credit and Default Risk

A decline in the financial health of an issuer of a fixed income security can lead to an inability or unwillingness to repay a loan or meet a contractual obligation. This could cause the value of its bonds to fall or become worthless. Funds with high exposures to non-investment grade securities have a higher exposure to this risk.

Derivatives and Counterparty Risk

The use of certain derivatives could result in the fund having a greater or more volatile exposure to the underlying assets and an increased exposure to counterparty risk. This may expose the fund to larger gains or losses associated with market movements or in relation to a trade counterparty being unable to meet its obligations.

Fixed Income Risk

There is a risk that the institution which issued the securities will fail, which would result in a loss of income to the fund. Fixed income values are likely to fall if interest rates rise.

Risk of Using Derivatives

In order to reach its investment objective, the fund may use swaps, including futures and forwards. Such derivatives may result in gains or losses that are greater than the original amount invested.

Interest Rate Risk

Changes in interest rates will usually result in the values of bond and other debt instruments moving in the opposite direction (e.g. a rise in interest rates likely leads to fall in bond prices).

Mortgage Related and Other Asset Backed Securities Risks

Mortgage or asset backed securities are subject to similar risks as other fixed income securities, and may also be subject to prepayment risk and higher levels of credit and liquidity risk.

Portfolio Information

0.59 Years
Effective Maturity
As of 2022-08-05
0.54 Years
Effective Duration
As of 2022-08-05
3.94%
est. yield to maturity
As of 2022-08-05
A+
average quality
As of 2022-08-05

Fund Facts

FUND DESCRIPTION

The PIMCO US Dollar Short Maturity UCITS ETF aims to generate income, while preserving and growing capital. The Fund will invest primarily in a portfolio of USD-denominated fixed income instruments. Portfolio duration may vary between 0-1 years.

DAILY NAV PRICE
$99.10
As of 2022-08-05

Price - Past performance does not predict future returns

Trading Information


Trading Currency
USD


Exchange ticker
MINT

Settlement Period
T+2

Bloomberg ticker
MINT LN

Trading Information


Trading Currency
USD


Exchange ticker
MINT

Settlement Period
T+2

Bloomberg ticker
MINT SW

Trading Information


Trading Currency
EUR


Exchange ticker
MINT

Settlement Period
T+2

Bloomberg ticker
MINT IM

BENCHMARK INFORMATION

FTSE 3-Month Treasury Bill Index

FTSE 3-Month Treasury Bill Index is an unmanaged index representing monthly return equivalents of yield averages of the last 3 month Treasury Bill issues. It is not possible to invest directly in an unmanaged index.

BENCHMARK INFORMATION
Data point name Data point value
Bloomberg Ticker SBMMTB3

The fund intends to measure its performance against the FTSE 3-Month Treasury Bill Index (the “Index”). The fund is considered to be actively managed in reference to the Index by virtue of the fact that it uses the Index for performance comparison purposes. Certain of the fund’s securities may be components of and may have similar weightings to the Index. However the Index is not used to define the portfolio composition of the fund or as a performance target and the fund may be wholly invested in securities which are not constituents of the Index. The fund is actively managed in reference to the above Benchmark as further outlined in the prospectus and key investor information document.

BENCHMARK INFORMATION
Data point name Data point value

Security Information

As of 2022-08-05

General

ISIN IE00B67B7N93
AUM $2,705,741,668.79
Benchmark BBG Ticker SBMMTB3
Number of Holdings 391
Base Currency USD
Launch Date 22 February 2011
Shares Outstanding 27,288,326
UK Reporting Status Yes
Registered for Distribution in Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Exchanges London Stock Exchange, SIX Swiss Exchange, Borsa Italiana
UCITS Yes
Dividend Treatment Monthly

Structure

Legal Form UCITS
Replication Method Physical
Domicile Ireland
Financial Year End 31 March
Equity Ratio (Tax Information for German Investors) 0.00
Use of Income Distributed

Key Service Providers

Issuer PIMCO ETFs plc
Manager PIMCO LLC
Fund Administrator State Street Fund Services (Ireland) Limited
Depository State Street Custodial Services (Ireland) Limited
Authorized Participants Bluefin Europe LLP, Citigroup Global Market Limited, Credit Suisse Securities (Europe) Limited, DRW Europe B.V., Flow Traders B.V., Goldenberg Hehmeyer LLP, Goldman Sachs International, JP Morgan Securities Ltd., Jane Street Financial Limited, Morgan Stanley and Co. International plc, Nomura International plc, Old Mission Europe LLP, Unicredit Bank AG, Virtu Financial Ireland Limited

Top Ten Exposure

As of 2022-08-04

Top Ten Exposure table

Name Coupon Weight (%)
REPO 2.25 9.96
REPO 2.25 9.23
REPO 2.25 2.62
HSBC HOLDINGS PLC SR UNSEC 2.46 2.17
AMERICAN ELECTRIC POWER SR UNSEC 3.26 1.80
BAT CAPITAL CORP SR UNSEC 2.29 1.74
GNR 2021-122 FA SOFR 30ALIB+40BP 1.91 1.65
AOZORA BANK SR UNSEC 1.05 1.56
GNR 2021-97 FA 30ALIB+40BP 1.91 1.53
CRMN 2014-1A A1AR 3MLIB+126BP 144A 3.86 1.31

Fund Managers

fund manager Jerome M. Schneider
Jerome M. Schneider
Head of Short-Term Portfolio Management
fund manager Andrew T. Wittkop
Andrew T. Wittkop
Portfolio Manager, Treasuries, Agencies, Rates
fund manager Nathan Chiaverini
Nathan Chiaverini
As of 2022-08-05

Fees and Expenses

Name Value
Management Fee 0.35%

Because the fund is an ETF, investors will typically only be able to buy or sell shares in the secondary market, on exchange. Authorized Participants who help in the creation or redemption of shares in the primary market, may face “create” or “redeem” fees (aka “entry” or “exit” fees) on the cash portion of the transaction (up to a maximum of 3.00%). These create and redeem fees are not applicable to secondary market investors. However, secondary market investors may incur brokerage and/or transaction fees in connection with their dealings. Secondary market investors may also bear the costs of bid-ask spreads; meaning the difference between the prices at which shares can be bought and sold.

Yields

3.94%
est. yield to maturity
As of 2022-08-05
2.58%
Current Yield
As of 2022-08-05
1.20%
distribution yield
As of 2022-06-30
Past performance does not predict future returns

Recent Distributions

As of 2022-08-05
Ex-Date
2022-07-21
Record Date
2022-07-14
Distribution Per Shares
0.1402
Currency
USD

Dividends

As of 2022-08-05
Distribution Date Dist. NAV ($) Dividend Income ($) Dist. Total ($)
2022-07-21 98.89 0.140236 0.140236
2022-06-16 98.95 0.091320 0.091320
2022-05-19 99.42 0.078316 0.078316
2022-04-21 99.52 0.080018 0.080018
2022-03-17 100.09 0.057154 0.057154
2022-02-17 100.66 0.038628 0.038628
2022-01-20 100.98 0.036274 0.036274
2021-12-16 101.21 0.027129 0.027129
2021-11-18 101.30 0.026961 0.026961
2021-10-21 101.38 0.033640 0.033640
2021-09-16 101.59 0.023327 0.023327
2021-08-19 101.58 0.023676 0.023676
2021-07-15 101.59 0.024248 0.024248
2021-06-17 101.57 0.022825 0.022825
2021-05-20 101.58 0.035053 0.035053
2021-04-15 101.55 0.028258 0.028258
2021-03-18 101.51 0.031541 0.031541
2021-02-18 101.69 0.030953 0.030953
2021-01-21 101.67 0.040325 0.040325
2020-12-17 101.63 0.037043 0.037043
2020-11-19 101.61 0.048080 0.048080
2020-10-15 101.57 0.043311 0.043311
2020-09-17 101.59 0.043769 0.043769
2020-08-20 101.54 0.062778 0.062778
2020-07-16 101.39 0.062880 0.062880
2020-06-18 101.22 0.117974 0.117974
2020-05-14 100.58 0.127024 0.127024
2020-04-16 100.21 0.126203 0.126203
2020-03-19 99.45 0.197141 0.197141
2020-02-13 101.61 0.159471 0.159471
2020-01-16 101.53 0.165508 0.165508
2019-12-19 101.41 0.221160 0.221160
2019-11-15 101.42 0.177803 0.177803
2019-10-17 101.39 0.193543 0.193543
2019-09-19 101.36 0.246604 0.246604
2019-08-15 101.36 0.204425 0.204425
2019-07-18 101.37 0.268792 0.268792
2019-06-13 101.34 0.215376 0.215376
2019-05-16 101.31 0.215798 0.215798
2019-04-18 101.29 0.275263 0.275263
2019-03-14 101.16 0.227900 0.227900
2019-02-14 101.10 0.212545 0.212545
2019-01-17 100.92 0.212524 0.212524
2018-12-20 100.86 0.263019 0.263019
2018-11-15 101.28 0.198981 0.198981
2018-10-18 101.33 0.246952 0.246952
2018-09-13 101.39 0.191325 0.191325
2018-08-16 101.40 0.188429 0.188429
2018-07-19 101.37 0.238887 0.238887
2018-06-14 101.38 0.186451 0.186451
2018-05-17 101.40 0.173932 0.173932
2018-04-19 101.39 0.196304 0.196304
2018-03-15 101.42 0.155068 0.155068
2018-02-15 101.47 0.138765 0.138765
2018-01-18 101.50 0.168500 0.168500
2017-12-14 101.57 0.133606 0.133606
2017-11-16 101.59 0.127659 0.127659
2017-10-19 101.65 0.159776 0.159776
2017-09-14 101.59 0.126566 0.126566
2017-08-17 101.59 0.124373 0.124373
2017-07-20 101.56 0.156294 0.156294
2017-06-15 101.52 0.116452 0.116452
2017-05-18 101.50 0.152739 0.152739
2017-04-13 101.50 0.119462 0.119462
2017-03-16 101.43 0.117014 0.117014
2017-02-16 101.41 0.110674 0.110674
2017-01-19 101.32 0.141665 0.141665
2016-12-15 101.25 0.135558 0.135558
2016-11-17 101.30 0.116616 0.116616
2016-10-20 101.30 0.128282 0.128282
2016-09-15 101.29 0.097427 0.097427
2016-08-18 101.24 0.130894 0.130894
2016-07-14 101.03 0.099884 0.099884
2016-06-16 100.97 0.100139 0.100139
2016-05-19 100.91 0.119411 0.119411
2016-04-14 100.70 0.095384 0.095384
2016-03-17 100.49 0.094117 0.094117
2016-02-18 100.42 0.132795 0.132795
2016-01-14 100.59 0.081409 0.081409
2015-12-17 100.57 0.071440 0.071440
2015-11-19 100.69 0.120372 0.120372
2015-10-15 100.70 0.062655 0.062655
2015-09-17 100.82 0.063870 0.063870
2015-08-20 100.93 0.076588 0.076588
2015-07-16 101.01 0.060206 0.060206
2015-06-18 101.09 0.069703 0.069703
2015-05-14 101.14 0.052747 0.052747
2015-04-16 101.10 0.054683 0.054683
2015-03-19 101.00 0.053477 0.053477
2015-02-19 100.96 0.064276 0.064276
2015-01-15 100.94 0.049151 0.049151
2014-12-18 100.91 0.048036 0.048036
2014-11-20 101.07 0.059019 0.059019
2014-10-16 101.15 0.039823 0.039823
2014-09-17 101.19 0.038324 0.038324
2014-08-20 101.17 0.054405 0.054405
2014-07-16 101.14 0.048656 0.048656
2014-06-18 101.13 0.043983 0.043983
2014-05-14 101.14 0.052355 0.052355
2014-04-16 101.12 0.045316 0.045316
2014-03-19 101.07 0.052785 0.052785
2014-02-19 101.08 0.056893 0.056893
2014-01-15 101.01 0.047847 0.047847
2013-12-18 101.02 0.044877 0.044877
2013-11-20 101.04 0.056777 0.056777
2013-10-16 100.93 0.051016 0.051016
2013-09-18 100.87 0.052729 0.052729
2013-08-14 100.81 0.043696 0.043696
2013-07-17 100.81 0.051589 0.051589
2013-06-19 100.84 0.052211 0.052211
2013-05-15 101.00 0.041700 0.041700
2013-04-17 100.98 0.052954 0.052954
2013-03-20 100.96 0.039823 0.039823
2013-02-20 100.90 0.045966 0.045966
2013-01-16 100.88 0.042282 0.042282
2012-12-19 100.82 0.050120 0.050120
2012-11-14 100.83 0.042870 0.042870
2012-10-17 100.79 0.005523 0.005523
2012-09-19 100.74 0.053907 0.053907
2012-08-15 100.70 0.075011 0.075011
2012-07-18 100.69 0.085608 0.085608
2012-06-20 100.56 0.101115 0.101115
2012-05-16 100.56 0.080035 0.080035
2012-04-18 100.61 0.091134 0.091134
2012-03-14 100.48 0.093948 0.093948
2012-02-15 100.48 0.094800 0.094800
2012-01-18 100.04 0.078166 0.078166
2011-12-14 99.68 0.069294 0.069294
2011-11-16 99.75 0.081213 0.081213
2011-10-19 99.51 0.063328 0.063328
2011-09-14 99.80 0.089085 0.089085
2011-08-17 100.00 0.028476 0.028476
2011-07-20 100.22 0.076466 0.076466
2011-06-15 100.36 0.059495 0.059495
2011-05-18 100.35 0.084420 0.084420
2011-04-13 100.18 0.067471 0.067471
2011-03-16 100.15 0.025497 0.025497

Discrete Performance

As of 2022-07-31
ANNUALIZED RETURNS
Annual Returns
Jul`12 - Jul`13 Jul`13 - Jul`14 Jul`14 - Jul`15 Jul`15 - Jul`16 Jul`16 - Jul`17 Jul`17 - Jul`18 Jul`18 - Jul`19 Jul`19 - Jul`20 Jul`20 - Jul`21 Jul`21 - Jul`22
US Dollar Short Maturity UCITS ETF 0.61 0.90 0.50 1.27 1.99 1.74 2.73 2.03 0.56 -1.81
FTSE 3-Month Treasury Bill Index 0.08 0.04 0.02 0.16 0.51 1.41 2.33 1.36 0.07 0.29
Performance - Fund vs Index 0.53 0.86 0.48 1.11 1.48 0.33 0.40 0.67 0.49 -2.10
As of 2022-06-30
Portfolio Composition - Sector Allocation: Market Value
category / asset class FUND Fund ratio FTSE 3-Month Treasury Bill Index Index ratio
Government Related 1.78 100.00
Securitized 29.92 0.00
Invest. Grade Credit 68.17 0.00
High Yield Credit 0.00 0.00
Emerging Markets 0.00 0.00
Municipal/Other 0.06 0.00
Net Other Short Duration Instruments 0.07 0.00
Portfolio Composition - Sector Allocation: Duration
Sector Fund Fund ratio FTSE 3-Month Treasury Bill Index Index ratio
Government Related 9.66 100.00
Securitized 35.08 0.00
Invest. Grade Credit 55.13 0.00
High Yield Credit 0.00 0.00
Emerging Markets 0.00 0.00
Municipal/Other 0.08 0.00
Net Other Short Duration Instruments 0.05 0.00
As of 2022-06-30
Portfolio Composition - Maturity Distribution
Years % of Fund % of FTSE 3-Month Treasury Bill Index
0-1 78.00 100.00
1-3 18.00 0.00
3-5 4.00 0.00
5-10 0.00 0.00
10-20 0.00 0.00
20+ 0.00 0.00
Effective Maturity (yrs) 0.68 -
As of 2022-08-05
Portfolio Composition - Credit Rating: S&P
Quality MV (%) Fund percent
A1/P1 0.03
Below A1/P1 0.48
AAA 43.46
AA 3.51
A 24.37
BAA 28.14
BB 0.00
B 0.00
Below B 0.00

interest rate exposures

As of 2022-07-31
exposure FUND index
Effective Duration 0.54 0.23
Bull Market Duration 0.45 0.23
Bear Market Duration 0.50 0.23
Total Curve Duration 0.10 N/A

sector exposures

As of 2022-07-31
exposure FUND index
Mortgage Spread Duration 0.63 0.00
Corporate Spread Duration 0.69 0.00
Emerging Markets Spread Duration 0.04 0.00

country exposure breakdown

DISCLOSURES

Important information


Your capital is at risk. You may not get back the amount you invested. Past performance is not a guarantee or reliable indicator of future returns and no guarantee is being made that similar returns will be achieved in the future.  


The information on this Website is not intended as investment advice or as a recommendation to invest in any particular asset class, security or strategy. The information provided is for illustrative purposes only, and it should not be relied upon as investment advice or as a recommendation to buy or sell securities. Investors should seek independent professional advice prior to investing. Any investment in an ETF should be made on the basis of the relevant Prospectus and Key Investor Information Documents, including consideration of the investment objective, risks, charges and expenses.

 

A Prospectus is available for PIMCO ETFs plc (the Company) and Key Investor Information Documents (KIIDs) are available for each share class of each the sub-funds of the Company.

 

The Company’s Prospectus can be obtained from www.fundinfo.com and is available in English, French and German.

 

The KIIDs can be obtained from www.fundinfo.com and are available in one of the official languages of each of the EU Member States into which each sub-fund has been notified for marketing under the Directive 2009/65/EC (the UCITS Directive).

 

In addition, a summary of investor rights is available from hereThe summary is available in English.

 

The sub-funds of the Company are currently notified for marketing into a number of EU Member States under the UCITS Directive. [PIMCO Global Advisors (Ireland) Limited] can terminate such notifications for any share class and/or sub-fund of the Company at any time using the process contained in Article 93a of the UCITS Directive.

 

Further information on the ETFs, their Prospectus, Key Investor Information Documents and Supplements are available at Fund Info or from your financial adviser or broker.  For actively managed ETFs, further information on the use of benchmarks or indices is set out in the Prospectus and relevant Supplement.

 

The distribution and the offering of ETFs in certain jurisdictions may be restricted by law. The information on this website does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer is not authorised or to any person to whom it is unlawful to make such an offer or solicitation. The information on this website is not for distribution to, or for the attention of, US or Canadian persons.

 

UCITS ETF’s units / shares purchased on the secondary market cannot usually be sold directly back to UCITS ETF. Investors must buy and sell units / shares on a secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees for doing so. In addition, investors may pay more than the current net asset value when buying units / shares and may receive less than the current net asset value when selling them.

 

The information provided on this website does not constitute an offer of UCITS ETF in Switzerland pursuant to the Swiss Financial Services Act ("FinSA") and its implementing ordinance ("FinSO"), but the information on this website may be construed as an advertisement pursuant to the FinSA. The representative and paying agent for the sub-funds of PIMCO ETFs plc in Switzerland is BNP Paribas Securities Services, Paris, succursale de Zurich, Selnaustrasse 16, 8002 Zurich, Switzerland. The offering documents, articles of incorporation and annual and semi-annual reports may be obtained free of charge from the representative in Switzerland. The ETFs are domiciled in Ireland.

 

French language copies of the Sub-Fund's Prospectus, Key Investor Information Documents, articles of incorporation, latest annual and semi-annual Report & Accounts may be obtained from Fund Info


The information contained on this Website referred to the UCITS ETF Fund (the Sub-fund) of PIMCO Europe Ltd, a collective investment scheme duly registered with the Spanish Securities Market Commission (CNMV) under number 1360 (www.cnmv.es), where it may be consulted the updated list of the authorised distributors of the Company in Spain (the Spanish Distributors). The Spanish Distributors must provide to each investor, prior to subscribing the shares of the Sub-fund, a copy translated into Spanish of the simplified prospectus or KIID, when implemented, and the latest published economic report prior to subscribing shares. In addition, a copy of the report on the planned types of marketing in Spain must be provided using the form published on the CNMV website. The prospectus and the KIID (if applicable) and other legally required documents relating to the fund are available through the Spanish Distributors, in hard copy or by electronic means, and also available upon request by dialling +44 20 3640 1558, writing to iberia@pimco.com or consulting Fund Info where you may also obtain updated information on the net asset value of the relevant shares.

 

Benchmark

Unless referenced in the prospectus and relevant key investor information document, a benchmark or index in this material is not used in the active management of the Fund, in particular for performance comparison purposes.

Where referenced in the prospectus and relevant key investor information document a benchmark may be used as part of the active management of the Fund including, but not limited to, for duration measurement, as a benchmark which the Fund seeks to outperform, performance comparison purposes and/or relative VaR measurement. Any reference to an index or benchmark in this material, and which is not referenced in the prospectus and relevant key investor information document, is purely for illustrative or informational purposes (such as to provide general financial information or market context) and is not for performance comparison purposes. Please contact your PIMCO representative for further details.

 

Correlation

As outlined under “Benchmark”, where referenced in the prospectus and relevant key investor information document, a benchmark may be used as part of the active management of the Fund. In such instances, certain of the Fund’s securities may be components of and may have similar weightings to the benchmark and the Fund may from time to time show a high degree of correlation with the performance of any such benchmark. However the benchmark is not used to define the portfolio composition of the Fund and the Fund may be wholly invested in securities which are not constituents of the benchmark.

 

Investors should note that a Fund may from time to time show a high degree of correlation with the performance of one or more financial indices not referenced in the prospectus and relevant key investor information document. Such correlation may be coincidental or may arise because any such financial index may be representative of the asset class, market sector or geographic location in which the Fund is invested or uses a similar investment methodology to that used in managing the Fund.


PIMCO Europe Ltd (Company No. 2604517) is authorised and regulated by the Financial Conduct Authority (12 Endeavour Square, London E20 1JN) in the UK. The services provided by PIMCO Europe Ltd are not available to retail investors, who should not rely on this communication but contact their financial adviser. PIMCO Europe GmbH (Company No. 192083, Seidlstr. 24-24a, 80335 Munich, Germany), PIMCO Europe GmbH Italian Branch (Company No. 10005170963), PIMCO Europe GmbH Irish Branch  (Company No. 909462), PIMCO Europe GmbH UK Branch (Company No. BR022803) and PIMCO Europe GmbH Spanish Branch (N.I.F. W2765338E) are authorised and regulated by the German Federal Financial Supervisory Authority (BaFin) (Marie- Curie-Str. 24-28, 60439 Frankfurt am Main) in Germany in accordance with Section 15 of the German Securities Institution Act (WplG). The Italian Branch, Irish Branch, UK Branch and Spanish Branch are additionally supervised by: (1) Italian Branch: the Commissione Nazionale per le Società e la Borsa (CONSOB) in accordance with Article 27 of the Italian Consolidated Financial Act; (2) Irish Branch: the Central Bank of Ireland in accordance with Regulation 43 of the European Union (Markets in Financial Instruments) Regulations 2017, as amended; (3) UK Branch: the Financial Conduct Authority; and (4) Spanish Branch: the Comisión Nacional del Mercado de Valores (CNMV) in accordance with obligations stipulated in articles 168 and  203  to 224, as well as obligations contained in Tile V, Section I of the Law on the Securities Market (LSM) and in articles 111, 114 and 117 of Royal Decree 217/2008, respectively. The services provided by PIMCO Europe GmbH are available only to professional clients as defined in Section 67 para. 2 German Securities Trading Act (WpHG). They are not available to individual investors, who should not rely on this communication. | PIMCO (Schweiz) GmbH (registered in Switzerland, Company No. CH-020.4.038.582-2). The services provided by PIMCO (Schweiz) GmbH are not available to retail investors, who should not rely on this communication but contact their financial adviser. © 2021, PIMCO.

PIMCO