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About Morgan Stanley ETF Trust Eaton Vance Floating-Rate ETF
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Inception date
Feb 6, 2024
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
EVLN pursues potential returns by investing in floating-rate credit instruments, such as senior loans, CLO debt tranches, and various forms of floating-rate bonds, as well as corporate debts, with a cap of 20%. The portfolio is diversified across borrowers and industries while employing fundamental analysis to evaluate risk/return characteristics. Factors considered include the issuers financial health, operating history, economic sensitivity, management capability, debt maturity schedules, borrowing requirements, and projected cash flow, as well as ESG factors. Although exposure includes loans and debts of any credit quality, it predominantly targets high-yield securities. Additionally, currency risks and heightened volatility are present due to the funds global exposure. To manage these risks, the fund utilizes derivatives such as futures, swaps, and options to hedge against currency exchange rate and interest rate fluctuations.
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
Loans
Bonds, Cash & Other100.00%
Loans79.62%
Securitized9.35%
Mutual fund6.15%
Corporate5.18%
Miscellaneous1.17%
Cash−1.46%
Stock breakdown by region
North America95.16%
Europe4.84%
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
EVLN invests in bonds. The fund's major sectors are Securitized, with 9.35% stocks, and Corporate, with 5.18% of the basket. The assets are mostly located in the N/A region.
EVLN last dividends amounted to 0.31 USD. The month before, the issuer paid 0.31 USD in dividends, which shows a 0.72% increase.
EVLN assets under management is 1.35 B USD. It's risen 2.76% over the last month.
EVLN fund flows account for 551.54 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, EVLN pays dividends to its holders with the dividend yield of 7.99%. The last dividend (Jul 7, 2025) amounted to 0.31 USD. The dividends are paid monthly.
EVLN shares are issued by Morgan Stanley under the brand Eaton Vance. The ETF was launched on Feb 6, 2024, and its management style is Active.
EVLN expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
EVLN follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EVLN invests in bonds.
EVLN price has risen by 0.42% over the last month, and its yearly performance shows a −0.74% decrease. See more dynamics on EVLN price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.80% increase in three-month performance and has increased by 2.99% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.80% increase in three-month performance and has increased by 2.99% in a year.
EVLN trades at a premium (0.24%) meaning the ETF is trading at a higher price than the calculated NAV.