EVSD

Eaton Vance Short Duration Income ETF

$51.42
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Eaton Vance Short Duration Income ETF (EVSD) seeks to provide current income consistent with the preservation of capital.

Overview

ETF tracking Eaton Vance Short Duration Income ETF

Category Value
Issuer Other
Inception Date 2024-06-17
Market Cap $649.4M
Average Volume N/A
Dividend Yield 3.80%
52-Week Range $50.25 - $51.69
VWAP $51.44

Performance

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Investment Summary

📎 Investment Objective

The Eaton Vance Short Duration Income ETF (EVSD) seeks to provide current income consistent with the preservation of capital.

🎯 Investment Strategy

The ETF invests primarily in a diversified portfolio of short-duration fixed-income securities, including U.S. government securities, corporate bonds, mortgage-backed securities, and other debt instruments. The fund aims to maintain a weighted average duration of less than three years to limit interest rate risk.

✨ Key Features

  • Focuses on short-duration fixed-income securities to generate current income
  • Seeks to preserve capital by limiting interest rate risk through a short duration portfolio
  • Diversified across various fixed-income asset classes
  • Actively managed by Eaton Vance's experienced fixed-income team

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline if interest rates rise
  • Credit risk: The fund is exposed to the risk of default by the issuers of the debt securities it holds
  • Liquidity risk: Some of the fund's holdings may be difficult to sell, which could affect performance
  • Sector concentration risk: The fund may have significant exposure to certain sectors, which could increase volatility

👤 Best For

The Eaton Vance Short Duration Income ETF may be suitable for investors seeking current income and capital preservation, with a low to moderate risk tolerance. It can be used as a core fixed-income holding or as a complement to a broader investment portfolio.