EVTR: A New Bond ETF From Eaton Vance
Portfolio Pulse from
Eaton Vance has launched a new bond ETF, EVTR, offering a 5% yield with a strong credit profile. This move is part of a broader trend of shifting from mutual funds to ETFs for more liquidity and active trading. Morgan Stanley has also converted two mutual funds into ETFs, increasing its offerings to 14.
November 09, 2024 | 6:00 am
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Eaton Vance has introduced the Total Return Bond ETF (EVTR), offering a 5% yield and a strong credit profile, primarily holding MBS, IG Corporate credit, and Treasuries.
The launch of EVTR by Eaton Vance is significant as it offers a competitive 5% yield and a strong credit profile, making it an attractive option for investors. The trend of moving from mutual funds to ETFs suggests a positive reception and potential demand for EVTR.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Morgan Stanley has converted two fixed-income mutual funds into ETFs, increasing its ETF offerings to 14, aligning with the trend of shifting from mutual funds to ETFs.
Morgan Stanley's conversion of mutual funds to ETFs is part of a broader industry trend towards more liquid and actively traded investment vehicles. This move could enhance its competitive position in the ETF market.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 50