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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Eaton Vance High Income Municipal ETF

EVYM | Active ETF

$50.55

$49.6 M

4.77%

$2.41

0.40%

Vitals

YTD Return

3.3%

1 yr return

10.6%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$49.6 M

Holdings in Top 10

19.8%

52 WEEK LOW AND HIGH

$50.5
$47.48
$50.99

Expenses

OPERATING FEES

Expense Ratio 0.40%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Eaton Vance High Income Municipal ETF

EVYM | Active ETF

$50.55

$49.6 M

4.77%

$2.41

0.40%

EVYM - Profile

Distributions

  • YTD Total Return 3.3%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 4.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Eaton Vance High Income Municipal ETF
  • Fund Family Name
    Morgan Stanley Funds
  • Inception Date
    Feb 27, 2025
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal obligations, the interest on which is exempt from regular federal income tax. This policy is fundamental and may not be changed without shareholder approval. Municipal obligations are debt obligations issued by or on behalf of states, territories and possessions of the United States, and the District of Columbia and their political subdivisions, agencies or instrumentalities. The Fund may invest without limit in obligations the income from which is subject to the federal alternative minimum tax. The Fund will primarily invest in “high yield” municipal obligations under normal market conditions. For this purpose, “high yield” municipal obligations are municipal obligations rated at the time of investment either Baa or lower by Moody’s Investors Service, Inc. (“Moody’s”), or BBB or lower by either S&P Global Ratings (“S&P”) or Fitch Ratings (“Fitch”) or, if unrated, determined by the investment adviser to be of comparable quality. “High yield” municipal obligations rated below investment grade are also known as “junk bonds.” The Fund may invest in securities in any rating category, including those in default. For purposes of rating restrictions, if securities are rated differently by two or more rating agencies, the lowest rating will be used for any Fund rating restrictions.
The Fund may invest up to 20% of its net assets in other debt obligations, including (but not limited to) taxable municipal obligations,  U.S. Treasury securities and obligations of the U.S. Government, its agencies and instrumentalities (“Agency Securities”). The Fund may purchase or sell derivative instruments (such as residual interest bonds, futures contracts and options thereon, interest rate swaps, and forward rate contracts) for hedging purposes, to seek total return or as a substitute for the purchase or sale of securities. Derivative instruments used by the Fund will be counted toward the Fund’s 80% policy discussed above to the extent they have economic characteristics similar to the securities included within that policy.
In pursuing its objective, the Fund normally acquires municipal obligations with  maturities of ten years or more, but may acquire securities with shorter maturities.
The Fund may invest 25% or more of its total assets in certain types of municipal obligations (such as general obligations, municipal leases, principal only municipal investments, revenue bonds and industrial development bonds) and in one or more states, territories and economic sectors (such as housing, hospitals, healthcare facilities or utilities). The Fund may invest in pooled investment vehicles, including exchange-traded funds (“ETFs”), to seek exposure to the municipal markets or municipal market sectors.
The Adviser’s process for selecting obligations for purchase and sale emphasizes the  creditworthiness of the issuer or other person obligated to repay the obligation and the relative value of the obligation in the market. In evaluating creditworthiness, the Adviser considers ratings assigned by rating agencies and generally performs additional credit and investment analysis. When deemed by the Adviser to be relevant to its evaluation of creditworthiness and when applicable information is available, the Adviser considers environmental, social and/or governance issues (referred to as ESG) which may impact the prospects of an issuer (or obligor) or financial performance of an obligation. When considered, one or more ESG issues are taken into account alongside other factors in the investment decision-making process and are not the sole determinant of whether an investment can be made or will remain in the Fund’s portfolio.
The Fund may engage in relative value trading to take advantage of price appreciation opportunities or to realize capital losses. The fund also may trade securities to seek to minimize taxable capital gains to shareholders. A portion of the Fund’s distributions generally will be subject to the federal alternative minimum tax. The Fund may not be suitable for investors subject to the federal alternative minimum tax.
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EVYM - Performance

Return Ranking - Trailing

Period EVYM Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% N/A N/A N/A
1 Yr 10.6% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period EVYM Return Category Return Low Category Return High Rank in Category (%)
2025 N/A N/A N/A N/A
2024 N/A N/A N/A N/A
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period EVYM Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% N/A N/A N/A
1 Yr 10.6% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period EVYM Return Category Return Low Category Return High Rank in Category (%)
2025 N/A N/A N/A N/A
2024 N/A N/A N/A N/A
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A

EVYM - Holdings

Concentration Analysis

EVYM Category Low Category High EVYM % Rank
Net Assets 49.6 M N/A N/A N/A
Number of Holdings 101 N/A N/A N/A
Net Assets in Top 10 9.45 M N/A N/A N/A
Weighting of Top 10 19.82% N/A N/A N/A

Top 10 Holdings

  1. FW Texas Street Public Facility Corp., Series 2025 2.21%
  2. Atlanta Development Authority (The), Series 2024 A-2 2.14%
  3. Washington State Housing Finance Commission, Series 2025 A 2.12%
  4. California Municipal Finance Authority, Series 2025 B 2.11%
  5. California Municipal Finance Authority, Series 2018 A 2.10%
  6. Lakewood Ranch Stewardship District, Series 2016 2.10%
  7. Washington State Housing Finance Commission, Series 2025 1.90%
  8. City of Lavon, Series 2025 1.84%
  9. New York Transportation Development Corp., Series 2025 1.66%
  10. New Hope Cultural Education Facilities Finance Corp., Series 2025 A 1.65%

Asset Allocation

Weighting Return Low Return High EVYM % Rank
Bonds 		98.73% N/A N/A N/A
Cash 		1.27% N/A N/A N/A
Stocks 		0.00% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Other 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High EVYM % Rank
Cash & Equivalents 		0.04% N/A N/A N/A
Derivative 		0.00% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High EVYM % Rank
US 		98.73% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

EVYM - Expenses

Operational Fees

EVYM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.40% N/A N/A N/A
Management Fee 0.39% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

EVYM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

EVYM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EVYM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

EVYM - Distributions

Dividend Yield Analysis

EVYM Category Low Category High EVYM % Rank
Dividend Yield 4.77% N/A N/A N/A

Dividend Distribution Analysis

EVYM Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

EVYM Category Low Category High EVYM % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

EVYM Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

EVYM - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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