(MINO) PIMCO Trust - PIMCO - NYSE
ETF Category: Muni National Interm | Exchange: NYSE (USA) | Market Cap: 684m USD | Total Return: 7.6% in 12m
Avg Turnover: 4.50M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The PIMCO Municipal Income Opportunities Active ETF (MINO) is an actively managed fund targeting tax-exempt income. Under normal market conditions, the fund allocates at least 80% of its assets to municipal debt securities where interest payments are exempt from federal income tax. The fund maintains a flexible credit strategy, allowing for up to 30% of total assets to be invested in high-yield municipal bonds to enhance potential returns.
Municipal bonds are debt obligations issued by states, cities, or counties to fund public projects such as schools, highways, and water systems. Unlike corporate bonds, the municipal sector is often characterized by lower default rates and provides a structural tax advantage for investors in higher income brackets. MINO manages interest rate risk by keeping its average portfolio duration within a two-year range of the Bloomberg Municipal Bond Index.
Investors can further evaluate the underlying credit quality of these holdings by reviewing data on ValueRay. This fund offers a bridge between investment-grade stability and the higher yields found in the speculative-grade municipal market.
- Federal tax policy changes impact demand for tax-exempt municipal income
- Interest rate volatility shifts valuation of intermediate duration bond holdings
- High yield municipal credit spreads influence fund net asset value
- Municipal bond supply fluctuations affect secondary market liquidity and pricing
As of June 20, 2026, the stock is trading at USD 45.60 with a total of 77,600 shares traded.
Over the past week, the price has changed by +0.27%,
over one month by +1.92%,
over three months by +1.38% and
over the past year by +7.61%.
PIMCO Trust - PIMCO has no consensus analysts rating.