Eaton Vance introduces actively managed EVMO ETF, providing diversified exposure to global securitized markets. With a 0.45% expense ratio, it aims to be a higher quality substitute for corporate credit. This launch reflects the growing preference for active fixed-income strategies and transparent ETF designs in the market.
Morgan Stanley Investment Management (“MSIM”) today announced it has completed the conversion of a fixed income mutual fund to an exchange-traded fund (“ETF”). The latest addition to the ETF platform follows the conversion of two fixed income mutual funds to ETFs in March 2024 and expands MSIM’s offering to eight active fixed income ETFs.
