EMNT PIMCO Enhanced Short Maturity Active ESG ETF
What is EMNT?
EMNT is an actively managed fund that seeks greater income and total return potential than money market funds by investing in short-term debt securities with an ESG screen.
EMNT Factset Analytics Insight
EMNT is looking to add to PIMCOs success in the space. Their product, MINT, launched at a time when investors were looking for alternatives to money market funds. As ESG seems to be becoming more of a priority for many, the launch makes sense. EMNT is actively managed and seeks to provide higher current income than the average money market mutual fund by holding a hodgepodge of high-quality and ultra-short term USD-denominated debt issued by domestic or foreign issuers. EMNT looks to avoid investment in securities of issuers whose business practices with respect to the environment, social responsibility and governance practices are not up to satisfaction with PIMCO’s proprietary assessments. PIMCO may engage with issuers whose ESG practices are considered suboptimal with the expectation practices may improve through the engagement. The fund, which aims to keep the average duration under 1 year and seeks to maintain a dollar-weighted average less than 3 years, holds investment grade securities. Aside from US-based debt, investors are also exposed to US dollar-denominated securities from developed countries and emerging markets.
EMNT Summary Data
Peers
Fund Flows
EMNT Portfolio Data
EMNT Index Data
EMNT Portfolio Management
EMNT Tax Exposures
EMNT Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EMNT. EMNT is rated a N/A out of 5.
EMNT Tradability
EMNT Sector/Industry Breakdown
Benchmark
EMNT Top 10 Holdings
EMNT Performance Statistics
EMNT Avg Life Maturity Distribution
EMNT OAS Breakdown
EMNT Holdings Statistics
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.