PIMCO Launches New Actively Managed Muni ETF, MINO

On Thursday, PIMCO, one of the world’s premier fixed income investment managers, launched the PIMCO Municipal Income Opportunities Active Exchange-Trade Fund (MINO), an actively managed ETF that aims to invest primarily in attractive tax-advantaged investments across the U.S. municipal bond market. The fund is designed to be the company’s highest income and return strategy among their municipal ETFs.