Key stats
About Morgan Stanley ETF Trust Calvert Ultra-Short Investment Grade ETF
Expense ratio
0.24%
Home page
Inception date
Jan 31, 2023
CVSB seeks income maximization and capital preservation by actively investing in investment grade, income-producing debt securities including corporate bonds, government and agency debt, mortgage-backed and asset-backed securities, preferred securities, money market instruments, and taxable municipal obligations. It will principally invest in USD-denominated securities, but may also hold foreign debt in its local currency up to 25% of its portfolio. To ensure broad issuer and industry diversification, the portfolio managers utilize fundamental analysis of risk/return characteristics to select securities, while considering ESG factors, among others, as analyzed by analysts to minimize ESG risk. The fund aims to maintain a portfolio duration of one year or less through US treasuries and related futures contracts. Because of its active management, final selection of securities is at full discretion of the adviser.
Classification
What's in the fund
Exposure type
Corporate
Securitized
Government
Bonds, Cash & Other100.00%
Corporate55.09%
Securitized23.64%
Government11.87%
Cash8.34%
Miscellaneous0.64%
Temporary0.42%