# PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mino for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: PIMCO · Asset class: Fixed Income - Strategy: Thematic · Inception: 2021-09-08 MINO primarily invests in US municipal bonds, which are bonds exempt from federal taxes. The fund will generally hold investment grade securities but may also allocate up to 30% of the fund in high-yield securities. Private activity bonds may also be included in the portfolio. These exposures push the fund into a broader category, allowing for a wider reach than other funds in the same segment. MINO will select bonds that will potentially offer attractive current income by looking for bonds that can provide consistently attractive current yields or that are priced competitively. The fund ai... ## Key Facts | Metric | Value | |---|---| | Price | $43.71 | | Expense Ratio | 0.49% | | Assets Under Management | $765.1M | | NAV | $43.63 | | Holdings Count | 244 | | Distribution Yield (TTM) | 4.03% | | Annual Distribution (TTM) | $1.76 /share | | Distribution Frequency | Monthly | | 52-Week Range | $42.15 – $46.19 | | Beta | 0.96 | ## Latest Distribution - Amount: $0.1400 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-05 ## Frequently Asked Questions ### What does MINO invest in? MINO primarily invests in US municipal bonds, which are bonds exempt from federal taxes. The fund will generally hold investment grade securities but may also allocate up to 30% of the fund in high-yield securities. Private activity bonds may also be included in the portfolio. These exposures push the fund into a broader category, allowing for a wider reach than other funds in the same segment. MINO will select bonds that will potentially offer attractive current income by looking for bonds that can provide consistently attractive current yields or that are priced competitively. The fund aims for an average portfolio duration of 2 years within the portfolio duration of the benchmark index ### What is the expense ratio of MINO? PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations. ### What is MINO's dividend yield? MINO's trailing-twelve-month yield is 4.03%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of MINO? Effective duration measures MINO's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MINO's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of MINO? MINO's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of MINO? Yield to maturity (YTM) is the total return you'd earn from MINO if every bond in the portfolio is held to maturity at the current price. MINO's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does MINO pay a dividend? Yes, PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) distributes dividends to shareholders. The trailing-twelve-month yield is 4.03%. Full dividend history is on this page. ### How often does MINO pay dividends? PIMCO Municipal Income Opportunities Active Exchange-Traded Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is MINO's next ex-dividend date? The most recently announced ex-dividend date for MINO was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will MINO's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.49% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MINO charge its expense ratio? The expense ratio is deducted in tiny daily slices from MINO's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MINO cost more than a fund like VOO? MINO's strategy (current expense ratio 0.49%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where MINO sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to MINO? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MINO (0.49%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/mino - Distribution history: https://www.dividenddata.com/funds/mino/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mino/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mino/expenses - Peer comparison: https://www.dividenddata.com/funds/mino/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.