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About Morgan Stanley ETF Trust Calvert Ultra-Short Investment Grade ETF
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Inception date
Jan 31, 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
CVSB seeks income maximization and capital preservation by actively investing in investment grade, income-producing debt securities including corporate bonds, government and agency debt, mortgage-backed and asset-backed securities, preferred securities, money market instruments, and taxable municipal obligations. It will principally invest in USD-denominated securities, but may also hold foreign debt in its local currency up to 25% of its portfolio. To ensure broad issuer and industry diversification, the portfolio managers utilize fundamental analysis of risk/return characteristics to select securities, while considering ESG factors, among others, as analyzed by analysts to minimize ESG risk. The fund aims to maintain a portfolio duration of one year or less through US treasuries and related futures contracts. Because of its active management, final selection of securities is at full discretion of the adviser.
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
Securitized
Government
Bonds, Cash & Other100.00%
Corporate49.59%
Securitized29.93%
Government14.27%
Cash7.41%
Futures−1.20%
Stock breakdown by region
North America83.93%
Europe16.07%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CVSB invests in bonds. The fund's major sectors are Corporate, with 49.59% stocks, and Securitized, with 29.93% of the basket. The assets are mostly located in the North America region.
CVSB last dividends amounted to 0.20 USD. The month before, the issuer paid 0.21 USD in dividends, which shows a 9.34% decrease.
CVSB assets under management is 174.54 M USD. It's risen 3.78% over the last month.
CVSB fund flows account for 117.98 M 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, CVSB pays dividends to its holders with the dividend yield of 4.95%. The last dividend (Jun 5, 2025) amounted to 0.20 USD. The dividends are paid monthly.
CVSB shares are issued by Morgan Stanley under the brand Calvert. The ETF was launched on Jan 31, 2023, and its management style is Active.
CVSB expense ratio is 0.24% meaning you'd have to pay 0.24% of your investment to help manage the fund.
CVSB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CVSB invests in bonds.
CVSB price has risen by 0.12% over the last month, and its yearly performance shows a 0.36% increase. See more dynamics on CVSB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.49% over the last month, showed a 1.06% increase in three-month performance and has increased by 5.51% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.49% over the last month, showed a 1.06% increase in three-month performance and has increased by 5.51% in a year.
CVSB trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.