Msg. 37639 of 47202 (This msg. is a reply to
37600 by
capt_nemo)
Jump:
MINT - PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
Fund Description
PIMCO Enhanced Short Maturity Active Exchange-Traded 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.
MINT pays out a dividend every month. So, it appears
the share price creeps up, it pays a dividend, then
the share price drops back down then it creeps back
up again till the next monthly payout.
By they way, BigCharts also says the dividend yield is
only 1.72%.
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