Курс BarnBridgeBOND

1. Firstly, we must understand that there is a regime change in the bond market 2020 marked the bottom of the secular bull and the beginning of the secular bear market Low rates and easy money is over!

3. 2 factors why this happened: inflation and availability of credit The Bond 🐂 was predicated on low inflation + low rates - making it easier for small cap companies to fund themselves w/ credit (the lifeblood of IWM companies) bcos they don’t have access to capital markets

Remember, IWM is going to get annihilated in the coming years w/ higher rates & inflation I suspect Altcoins will also get massacred! The cycle is not different but there has been a regime change with the secular Bond bear market Therefore, we must adapt accordingly!

$MINT The PIMCO Enhanced Short Maturity Active Exchange-Traded Fund (MINT) is a popular investment option for those seeking maximum current income while preserving capital and maintaining daily liquidity. As an actively managed ETF, MINT invests in a diversified portfolio of fixed income instruments with varying maturities. In this article, we will delve into the details of MINT's investment strategy, holdings, and performance, providing investors with a comprehensive understanding of this ETF. *Investment Strategy* MINT's investment strategy is designed to provide investors with a higher yield compared to traditional money market funds while maintaining a focus on capital preservation. The fund invests at least 80% of its net assets in a diversified portfolio of fixed income instruments, including: 1. *Commercial Paper*: Short-term debt securities issued by corporations to raise funds. 2. *Certificates of Deposit (CDs)*: Time deposits offered by banks with fixed interest rates and maturity dates. 3. *Repurchase Agreements*: Short-term agreements to sell securities with an agreement to repurchase them at a later date. 4. *Corporate Bonds*: Debt securities issued by corporations to raise funds. *Holdings* As of the latest data, MINT holds 536 different securities, with approximately 10.70% of its assets concentrated in its top 10 holdings. Some of MINT's top holdings include: 1. *Wells Fargo & Co. 2.406%*: Maturing on 10/30/25 2. *T-Mobile USA, Inc. 3.5%*: Maturing on 04/15/25 3. *B.A.T. Capital Corporation 3.222%*: Maturing on 08/15/24 4. *WarnerMedia Holdings Inc.*: Maturing on various dates MINT's holdings are diversified across various sectors and issuers, aiming to provide investors with a higher yield compared to traditional money market funds while maintaining a focus on capital preservation. *Performance and Expenses* MINT's expense ratio is 0.36%, which is relatively low compared to other actively managed ETFs. The fund's turnover rate is 193%, indicating active management. While past performance is not a guarantee of future results, MINT's historical performance has been competitive with other short-term bond funds. *Benefits and Risks* MINT offers several benefits, including: 1. *Higher Yield*: MINT aims to provide investors with a higher yield compared to traditional money market funds. 2. *Diversification*: MINT's holdings are diversified across various sectors and issuers, reducing risk and increasing potential returns. 3. *Liquidity*: MINT provides investors with daily liquidity, allowing them to easily buy and sell shares. However, MINT also carries some risks, including: 1. *Interest Rate Risk*: Changes in interest rates can affect the value of MINT's holdings and its overall performance. 2. *Credit Risk*: MINT's holdings are subject to credit risk, which is the risk that an issuer may default on its debt obligations. 3. *Liquidity Risk*: While MINT provides daily liquidity, there is a risk that investors may not be able to sell their shares quickly enough or at a fair price. *Conclusion* The PIMCO Enhanced Short Maturity Active Exchange-Traded Fund (MINT) is a popular investment option for those seeking maximum current income while preserving capital and maintaining daily liquidity. With its diversified portfolio of fixed income instruments and actively managed approach, MINT aims to provide investors with a higher yield compared to traditional money market funds. However, investors should carefully consider the risks and benefits associated with MINT before making an investment decision. *Recommendation* Based on our analysis, we recommend that investors: - *Evaluate Their Investment Goals and Risk Tolerance*: Carefully evaluate their investment goals and risk tolerance to determine if MINT is a suitable investment option. - *Monitor Interest Rates and Credit Risk*: Monitor changes in interest rates and credit risk, as these can affect MINT's performance. - *Diversify Their Portfolio*: Diversify their portfolio by allocating assets to a variety of investment options to minimize risk. *Disclaimer* The information provided here is for educational purposes and should not be construed as financial advice. Always conduct thorough research and consult with a financial advisor before making any investment decisions.

The PIMCO Enhanced Short Maturity Active Exchange-Traded Fund (MINT) is an actively managed ETF that seeks to provide maximum current income consistent with the preservation of capital and daily liquidity. It invests at least 80% of its net assets in a diversified portfolio of fixed income instruments of varying maturities. $MINT primarily focuses on the ultrashort end of the maturity curve, investing in corporate debt that matures within one year. This approach results in low exposure to both interest rate risk and credit risk, making it a relatively safe investment option. In October 2024, Morningstar reaffirmed MINT's Gold Medalist Rating, highlighting its position as a leading ultrashort bond offering. The fund is managed by veteran short-term specialists, including lead manager Jerome Schneider, who heads a deep team of dedicated short-term specialists. As of February 28, 2025, MINT's asset allocation was as follows: US Bonds: 50.08% Non-US Bonds: 26.10% Cash: 23.61% The fund's top sector allocations included: Corporate Bonds: 42.91% Cash & Equivalents: 26.31% Asset-Backed Securities: 23.56% Agency Mortgage-Backed Securities: 10.43% Government Securities: 3.11% MINT's expense ratio is 0.35%, which is higher than some money market funds but reflects its active management strategy. Overall, $MINT remains a strong option for investors seeking a low-risk, short-duration bond fund with a focus on capital preservation and liquidity.