Symbols

EVIM

Eaton Vance Intermediate Municipal Income ETF·ARCA

--(--)

Key Stats

Assets Under Management

148.31MUSD

Fund Flows (1Y)

101.17MUSD

Dividend Yield

3.60%

Discount/Premium to NAV

0.13%

Shares Outstanding

2.80M

Expense Ratio

0.10%

About Eaton Vance Intermediate Municipal Income ETF

Issuer

Morgan Stanley Investment Management Inc.

Brand

Eaton Vance

Home Page

https://www.morganstanley.com/im/en-us/financial-advisor/product-and-performance/etfs/fixed-income/eaton-vance-intermediate-municipal-income-etf.html

Inception Date

Oct 16, 2023

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Morgan Stanley Investment Management, Inc.

Distributor

Foreside Fund Services LLC

EVIM aims to provide current income not subject to regular federal income tax. The fund primarily invests a significant portion of its assets in municipal obligations rated investment grade. It may also allocate up to 10% of its assets to below investment grade municipal obligations. EVIM strives to maintain a portfolio duration between three and eight years while retaining the flexibility to invest in municipal obligations of any maturity. To manage duration, the fund may employ various strategies, such as futures contracts and options. The selection of securities for EVIM is based on factors including creditworthiness, ratings, and consideration of ESG issues. As an actively managed fund, EVIM engages in buy, sell and hold activities at the adviser's discretion to optimize performance and take advantage of price opportunities.