Pimco Enhanced Short Etf Profile
| MINT Etf | USD 100.45 0.04 0.04% |
Performance84 of 100
| Odds Of DistressLess than 9
|
PIMCO Enhanced is selling for under 100.45 as of the 23rd of April 2024; that is 0.04 percent increase since the beginning of the trading day. The etf's last reported lowest price was 100.44. PIMCO Enhanced has less than a 9 % chance of experiencing financial distress in the next few years and had a market crasher performance during the last 90 days. Equity ratings for PIMCO Enhanced Short are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards. Enhanced Short-Maturity is traded on NYSEARCA Exchange in the United States. More on PIMCO Enhanced Short
Moving together with PIMCO Etf
| 0.99 | BIL | SPDR Bloomberg 1 | PairCorr |
| 1.0 | SHV | iShares Short Treasury | PairCorr |
| 0.99 | JPST | JPMorgan Ultra Short | PairCorr |
| 0.97 | USFR | WisdomTree Floating Rate | PairCorr |
| 0.98 | ICSH | iShares Ultra Short | PairCorr |
| 0.99 | FTSM | First Trust Enhanced | PairCorr |
| 0.99 | SGOV | iShares 0 3 | PairCorr |
Moving against PIMCO Etf
| 0.86 | YCL | ProShares Ultra Yen | PairCorr |
| 0.8 | FXY | Invesco CurrencyShares | PairCorr |
PIMCO Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. PIMCO Enhanced's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PIMCO Enhanced or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Stock Exchange Of, SET100 Index, SET Total Return, SET50 Index, Investment Grade ETFs, Broad Debt ETFs, Ultrashort Bond, PIMCO (View all Sectors) |
| Issuer | PIMCO |
| Inception Date | 2009-11-16 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 11.59 Billion |
| Average Trading Valume | 1.05 Million |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Investment Grade |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Pacific Investment Management Company LLC |
| Advisor | Pacific Investment Management Company LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | PIMCO Investments LLC |
| Portfolio Manager | Jerome Schneider |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 784 |
| Market Maker | Virtu Financial |
| Total Expense | 0.35 |
| Management Fee | 0.35 |
| Country Name | USA |
| Returns Y T D | 1.98 |
| Name | PIMCO Enhanced Short Maturity Active Exchange-Traded Fund |
| Currency Code | USD |
| In Threey Volatility | 1.3 |
| 1y Volatility | 0.16 |
| 200 Day M A | 100.01 |
| 50 Day M A | 100.29 |
| Code | MINT |
| Updated At | 22nd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.77) |
PIMCO Enhanced Short [MINT] is traded in USA and was established 2009-11-16. The fund is listed under Ultrashort Bond category and is part of PIMCO family. The entity is thematically classified as Investment Grade ETFs. PIMCO Enhanced Short now have 11.06 B in assets. , while the total return for the last 3 years was 2.3%.
Check PIMCO Enhanced Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on PIMCO Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding PIMCO Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as PIMCO Enhanced Short Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
PIMCO Enhanced Short Currency Exposure
PIMCO Enhanced Short holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of PIMCO Enhanced will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in PIMCO Enhanced Short.
Top PIMCO Enhanced Short Etf Constituents
| US 5 Year Note (CBT) Dec13 | 4.60738% |
| Thai Union Group Public Company Limited Future Dec 23 | 4.11581% |
PIMCO Enhanced Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of PIMCO Enhanced jumping above the current price in 90 days from now is nearly 4.58%. The PIMCO Enhanced Short probability density function shows the probability of PIMCO Enhanced etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days PIMCO Enhanced has a beta of 0.0011. This indicates as returns on the market go up, PIMCO Enhanced average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PIMCO Enhanced Short will be expected to be much smaller as well. Additionally, pIMCO Enhanced Short has an alpha of 0.0149, implying that it can generate a 0.0149 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of PIMCO Enhanced to move above the current price in 90 days from now is nearly 4.58 (This PIMCO Enhanced Short probability density function shows the probability of PIMCO Etf to fall within a particular range of prices over 90 days) .
PIMCO Enhanced Top Holders
| QGLCX | The Gold Bullion | Mutual Fund | US Mutual Fund |
| FAUDX | Strategic Advisers Short | Mutual Fund | Ultrashort Bond |
| KWINX | Kinetics Alternative Income | Mutual Fund | Short-Term Bond |
| QGLDX | The Gold Bullion | Mutual Fund | US Mutual Fund |
| KWIAX | Kinetics Alternative Income | Mutual Fund | Short-Term Bond |
| KWICX | Kinetics Alternative Income | Mutual Fund | Short-Term Bond |
| DHQAX | Day Hagan Tactical | Mutual Fund | Large Value |
PIMCO Enhanced Short Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. PIMCO Enhanced market risk premium is the additional return an investor will receive from holding PIMCO Enhanced long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PIMCO Enhanced. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although PIMCO Enhanced's alpha and beta are two of the key measurements used to evaluate PIMCO Enhanced's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.4164 | |||
| Jensen Alpha | 0.0149 | |||
| Total Risk Alpha | 0.0122 | |||
| Treynor Ratio | 13.59 |
PIMCO Enhanced Against Markets
Picking the right benchmark for PIMCO Enhanced etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PIMCO Enhanced etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PIMCO Enhanced is critical whether you are bullish or bearish towards PIMCO Enhanced Short at a given time. Please also check how PIMCO Enhanced's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in PIMCO Enhanced without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy PIMCO Etf?
Before investing in PIMCO Enhanced, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in PIMCO Enhanced. To buy PIMCO Enhanced etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of PIMCO Enhanced. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase PIMCO Enhanced etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located PIMCO Enhanced Short etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased PIMCO Enhanced Short etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as PIMCO Enhanced Short, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy PIMCO Etf please use our How to Invest in PIMCO Enhanced guide.
Already Invested in PIMCO Enhanced Short?
The danger of trading PIMCO Enhanced Short is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PIMCO Enhanced is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PIMCO Enhanced. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PIMCO Enhanced Short is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether PIMCO Enhanced Short is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if PIMCO Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pimco Enhanced Short Etf. Highlighted below are key reports to facilitate an investment decision about Pimco Enhanced Short Etf: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in PIMCO Enhanced Short. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of PIMCO Enhanced Short is measured differently than its book value, which is the value of PIMCO that is recorded on the company's balance sheet. Investors also form their own opinion of PIMCO Enhanced's value that differs from its market value or its book value, called intrinsic value, which is PIMCO Enhanced's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PIMCO Enhanced's market value can be influenced by many factors that don't directly affect PIMCO Enhanced's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PIMCO Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO Enhanced's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.