Key stats
About Eaton Vance Mortgage Opportunities ETF
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Inception date
Aug 4, 2025
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 Funds Distributors LLC
ISIN
US61774R7677
EVMO seeks a high level of current income by actively investing in mortgage-related securities, including mortgage pass-through securities, CMOs, SMBS, CMBS, inverse floaters, and TBAs, issued by US government entities or private institutions. It may invest up to 50% in high yield securities rated below investment grade and up to 20% in foreign securities. The adviser uses top-down macroeconomic and bottom-up security analysis, combining quantitative and fundamental approaches to narrow and select investments, with security selection as the primary focus. ESG factors may be considered when relevant. The fund may also invest in asset-backed and other US government securities and use derivatives for risk management or to adjust exposure. The fund converted from a Mutual Fund to an ETF with $598 million in assets.
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Classification
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EVMO assets under management is 654.92 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EVMO expense ratio is 0.45%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EVMO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, EVMO pays dividends to its holders with the dividend yield of 4.56%.
EVMO shares are issued by Morgan Stanley
EVMO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 4, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.