Symbols

EVSB

Eaton Vance Ultra-Short Income ETF·ARCA

--(--)

Key Stats

Assets Under Management

258.11MUSD

Fund Flows (1Y)

208.49MUSD

Dividend Yield

4.38%

Discount/Premium to NAV

-0.04%

Shares Outstanding

5.10M

Expense Ratio

0.17%

About Eaton Vance Ultra-Short 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-ultra-short-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

EVSB aims to boost income while protecting capital by investing in investment grade, short-term securities. The fund primarily focuses on the banking sector. Alongside this focus, the fund also has stakes in US bonds, pooled-investments, asset and mortgage-backed securities. Most of the securities the fund holds are US dollar-denominated and up to a quarter of its total assets can be invested in foreign debt securities. The selection of the fund's securities takes into account economic trends, comprehensive research, and applicable ESG factors. Additionally, EVSB has the flexibility to invest into below investment grade securities, but this is capped at 10%. The fund targets a portfolio duration of one year or less, which might extend in certain high volatility periods.