Key stats
About Morgan Stanley ETF Trust Eaton Vance Short Duration Municipal Income ETF
Expense ratio
0.19%
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Inception date
Mar 25, 2024
EVSM is actively managed to invest in tax-exempt municipal securities. The fund will normally invest in municipal obligations rated investment grade, and will aim to maintain a dollar-weighted average portfolio duration of less than three years, but may invest in individual securities of any maturity. In selecting securities, the adviser primarily looks at the issuers creditworthiness and the relative value of the obligation in the market. ESG factors are also considered. As an actively managed fund, the fund may periodically allocate some funds to those subject to regular federal income tax and junk bonds.
Classification
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal101.52%
Cash−1.52%