Key stats
About Eaton Vance Intermediate Municipal Income ETF
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Inception date
Oct 16, 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
ISIN
US61774R8824
EVIM aims to provide current income not subject to regular federal income tax. The fund primarily invests a significant portion of its assets in municipal obligations rated investment grade. It may also allocate up to 10% of its assets to below investment grade municipal obligations. EVIM strives to maintain a portfolio duration between three and eight years while retaining the flexibility to invest in municipal obligations of any maturity. To manage duration, the fund may employ various strategies, such as futures contracts and options. The selection of securities for EVIM is based on factors including creditworthiness, ratings, and consideration of ESG issues. As an actively managed fund, EVIM engages in buy, sell and hold activities at the advisers discretion to optimize performance and take advantage of price opportunities.
Related funds
Classification
What's in the fund
Exposure type
Municipal
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EVIM trades at 51.99 USD today, its price has risen 0.71% in the past 24 hours. Track more dynamics on EVIM price chart.
EVIM net asset value is 51.80 today — it's risen 1.08% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EVIM assets under management is 105.64 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EVIM price has risen by 1.13% over the last month, and its yearly performance shows a −1.49% decrease. See more dynamics on EVIM price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.66% increase in three-month performance and has increased by 2.19% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.66% increase in three-month performance and has increased by 2.19% in a year.
EVIM fund flows account for 85.28 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EVIM invests in bonds. See more details in our Analysis section.
EVIM expense ratio is 0.10%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EVIM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EVIM technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EVIM shows the buy signal. See more of EVIM technicals for a more comprehensive analysis.
Today, EVIM technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EVIM shows the buy signal. See more of EVIM technicals for a more comprehensive analysis.
Yes, EVIM pays dividends to its holders with the dividend yield of 3.89%.
EVIM trades at a premium (0.37%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EVIM shares are issued by Morgan Stanley
EVIM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 16, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.