EVMO

Eaton Vance Mortgage Opportunities ETF

$50.65

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Eaton Vance Mortgage Opportunities ETF (EVMO) seeks to provide exposure to the U.S. mortgage-backed securities (MBS) market, with the goal of generating current income.

Overview

ETF tracking Eaton Vance Mortgage Opportunities ETF

Category Real Estate

Issuer Other

Inception Date 2025-08-04

Market Cap $679.9M

Average Volume N/A

Dividend Yield 1.15%

52-Week Range $49.90 - $51.07

VWAP $50.68

Performance

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Investment Summary

📎 Investment Objective

The Eaton Vance Mortgage Opportunities ETF (EVMO) seeks to provide exposure to the U.S. mortgage-backed securities (MBS) market, with the goal of generating current income.

🎯 Investment Strategy

The ETF invests primarily in agency MBS, which are mortgage-backed securities guaranteed by government-sponsored entities like Fannie Mae and Freddie Mac. The fund's portfolio is actively managed, with the goal of generating attractive risk-adjusted returns through security selection and interest rate management.

✨ Key Features

Exposure to the U.S. agency mortgage-backed securities market
Actively managed portfolio to optimize risk and return
Potential for current income generation
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of MBS may decline as interest rates rise
Prepayment risk: Homeowners may refinance or pay off mortgages early, affecting the fund's returns
Credit risk: The risk that the underlying mortgages may default
Liquidity risk: MBS may be less liquid than other fixed-income assets

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. mortgage-backed securities market as part of a diversified fixed-income allocation. It may be particularly appealing to investors looking for a low-cost, actively managed option to generate current income.