MINT Stock Summary and Trading Ideas (Pimco Enhanced Short Maturity Exchange-Traded | ARCA:MINT)

PIMCO Enhanced Short Maturity Strategy Fund (MINT) is an actively managed exchange-traded fund (ETF) that seeks greater income and total return potential than money market funds and may be appropriate for non-immediate cash allocations. MINT will primarily invest in short duration investment grade debt securities. The average portfolio duration of MINT will vary based on PIMCO s economic forecasts and active investment process decisions and will not normally exceed one year. MINT will disclose all portfolio holdings on a daily basis and will not use options futures or swaps.

Pimco Enhanced Short Maturity Exchange-Traded trades on the ARCA stock market under the symbol MINT.

As of April 17, 2024, MINT stock price climbed to $100.39 with 1,947,477 million shares trading.

MINT has a beta of 0.00, meaning it tends to be less sensitive to market movements. MINT has a correlation of 0.07 to the broad based SPY ETF.

MINT has a market cap of $11.44 billion. This is considered a Large Cap stock.

In the last 3 years, MINT stock traded as high as $102.03 and as low as $98.14.

MINT has underperformed the market in the last year with a return of +6.5%, while the SPY ETF gained +23.0%. In the last 3 month period, MINT fell short of the market, returning +1.6%, while SPY returned +5.7%. However, in the most recent 2 weeks MINT has outperformed the stock market by returning +0.2%, while SPY returned -3.5%.

MINT support price is $100.33 and resistance is $100.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MINT stock will trade within this expected range on the day.