- What does XAGG invest in?
- XAGG is an actively managed ETF, investing across a broad range of asset classes, with a focus on certain sectors that are often underrepresented in traditional indices. The fund may include corporate securities, agency and non-agency mortgage-backed securities, asset-backed securities, emerging market and convertible securities, US government and foreign sovereign debt, and various derivatives. Investments may be rated investment grade or below, and denominated in any currency, with up to 65% of assets in any single category. Holdings can include a variety of fixed-income and structured products like CDs, commercial paper, CMOs, SMBS (stripped mortgage-backed securities), CMBS, and TBAs, as well as asset-backed securities tied to consumer or business loans. The investment process applies an integrated ESG analysis but is not the main factor in security selection. The ETF launched through the conversion of Morgan Stanley Income Opportunities Fund with $489 million in assets.
- What is the expense ratio of XAGG?
- Morgan Stanley ETF Trust - Eaton Vance Strategic Income Opportunities ETF (XAGG) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.
- What is XAGG's dividend yield?
- XAGG's trailing-twelve-month yield is 5.67%, calculated from the sum of dividends over the past year divided by the current price.
- How big is XAGG?
- Morgan Stanley ETF Trust - Eaton Vance Strategic Income Opportunities ETF (XAGG) manages $1.58B 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 XAGG actively managed or an index fund?
- XAGG is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (XAGG's is 0.50%) in exchange for the discretion to over- or under-weight positions.
- When was XAGG launched?
- Morgan Stanley ETF Trust - Eaton Vance Strategic Income Opportunities ETF (XAGG) launched in July 1997 and is managed by Eaton Vance.
