EMNT

PIMCO Enhanced Short Maturity Active ESG ETF

$98.65
+0.00%
Market closed. Last update: 12:25 PM ET

📎 Investment Objective

The PIMCO Enhanced Short Maturity Active ESG ETF (EMNT) seeks to provide current income while incorporating environmental, social, and governance (ESG) principles into the investment process.

Overview

ETF tracking PIMCO Enhanced Short Maturity Active ESG ETF

Category ESG
Issuer Other
Inception Date 2019-12-12
Market Cap $211.1M
Average Volume N/A
Dividend Yield 3.82%
52-Week Range $98.34 - $98.98
VWAP $98.66

Performance

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Investment Summary

📎 Investment Objective

The PIMCO Enhanced Short Maturity Active ESG ETF (EMNT) seeks to provide current income while incorporating environmental, social, and governance (ESG) principles into the investment process.

🎯 Investment Strategy

EMNT invests primarily in a diversified portfolio of short-duration, investment-grade debt instruments, including government, corporate, and other fixed-income securities. The fund's investment decisions incorporate ESG factors to identify securities that meet certain sustainability criteria.

✨ Key Features

  • Active management approach to short-duration fixed income investments
  • Emphasis on ESG principles in the security selection process
  • Seeks to provide current income with lower interest rate risk compared to longer-duration bond funds
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline due to rising interest rates
  • Credit risk: The fund is exposed to the risk of default or downgrade of the underlying securities
  • ESG investment risk: The fund's ESG criteria may limit the investment universe and affect performance
  • Liquidity risk: The fund may have difficulty selling certain securities, particularly in volatile or uncertain market conditions

👤 Best For

This ETF may be suitable for investors seeking current income and lower interest rate risk, while also considering ESG factors in their investment decisions. It may be particularly appealing to investors with a short-term investment horizon or as a cash management tool within a diversified portfolio.