Eaton Vance Short Duration Income ETF

Frequently Asked Questions About EVSD

What does EVSD invest in?

EVSD commenced operations following the conversion of the MSIFT Short Duration Income Portfolio mutual fund, an entity that contributed an initial asset base of $141.3 million. This ETF is designed to invest across a broad spectrum of fixed income securities, with a core objective of maintaining an average portfolio duration of three years or less. Its actively managed approach utilizes a proprietary investment strategy that integrates both top-down macroeconomic analysis and bottom-up security selection across diverse sectors. The advisor guides investment choices, including country, sector, and individual security exposures, by meticulously analyzing key valuation metrics such as real interest rate levels, yield curve dynamics, and credit-adjusted spreads. Additionally, Environmental, Social, and Governance (ESG) factors may be incorporated into the decision-making process. While the fund has the flexibility to hold securities issued by foreign entities, including those in emerging markets, all such holdings are expected to be denominated exclusively in U.S. dollars. The advisor also has the option to use derivatives, like exchange-traded and over-the-counter options, strategically to achieve specific market exposures or to help mitigate portfolio risks.

What is the expense ratio of EVSD?

Eaton Vance Short Duration Income ETF (EVSD) charges an expense ratio of 0.24%. This is the annual fee deducted from fund assets to cover management and operations.

What is EVSD's dividend yield?

EVSD's trailing-twelve-month yield is 4.70%, calculated from the sum of dividends over the past year divided by the current price.

How big is EVSD?

Eaton Vance Short Duration Income ETF (EVSD) manages $1.57B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is EVSD actively managed or an index fund?

EVSD is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (EVSD's is 0.24%) in exchange for the discretion to over- or under-weight positions.

When was EVSD launched?

Eaton Vance Short Duration Income ETF (EVSD) launched in March 1992 and is managed by Eaton Vance.