Key stats
About Eaton Vance High Yield ETF
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Inception date
Oct 16, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Morgan Stanley Investment Management, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US61774R8097
EVHY follows a disciplined approach, putting emphasis on high-yield securities to optimize yield and preserve capital. It strives to achieve its objective through investments in US dollar-denominated high-risk corporate bonds, with a restriction set at no more than 10% of assets for those rated below B3 or B- by external ratings services. The fund also has the flexibility to diversify to investment grade securities, subordinated preferred securities, and foreign and emerging market securities up to certain thresholds. Security selection for EVHY involves in-house credit and investment analysis and incorporates various methodologies including bottom up/top-down strategies, macroeconomic factors, and technical factors, not solely being reliant on the ratings from agencies. Additionally, the fund may also consider ESG factors in its investment decision-making process when applicable.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate96.84%
Mutual fund3.26%
Cash−0.09%
Stock breakdown by region
North America94.94%
Europe3.28%
Asia1.37%
Middle East0.42%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EVHY last dividends amounted to 0.29 USD. The month before, the issuer paid 0.30 USD in dividends, which shows a 1.98% decrease.
EVHY assets under management is 21.38 M USD.
EVHY fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EVHY pays dividends to its holders with the dividend yield of 6.81%. The last dividend (Oct 6, 2025) amounted to 0.29 USD. The dividends are paid monthly.
EVHY shares are issued by Morgan Stanley under the brand Eaton Vance. The ETF was launched on Oct 16, 2023, and its management style is Active.
EVHY expense ratio is 0.48% meaning you'd have to pay 0.48% of your investment to help manage the fund.
EVHY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EVHY invests in bonds.
EVHY price has risen by 0.09% over the last month, and its yearly performance shows a −1.11% decrease. See more dynamics on EVHY price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.90% increase in three-month performance and has increased by 6.55% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.90% increase in three-month performance and has increased by 6.55% in a year.
EVHY trades at a premium (0.20%) meaning the ETF is trading at a higher price than the calculated NAV.