Key stats
About Eaton Vance Mortgage Opportunities ETF
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Inception date
Aug 4, 2025
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 Funds Distributors LLC
ISIN
US61774R7677
EVMO seeks a high level of current income by actively investing in mortgage-related securities, including mortgage pass-through securities, CMOs, SMBS, CMBS, inverse floaters, and TBAs, issued by US government entities or private institutions. It may invest up to 50% in high yield securities rated below investment grade and up to 20% in foreign securities. The adviser uses top-down macroeconomic and bottom-up security analysis, combining quantitative and fundamental approaches to narrow and select investments, with security selection as the primary focus. ESG factors may be considered when relevant. The fund may also invest in asset-backed and other US government securities and use derivatives for risk management or to adjust exposure. The fund converted from a Mutual Fund to an ETF with $598 million in assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
Yes, EVMO pays dividends to its holders with the dividend yield of 4.56%. The last dividend (Sep 5, 2025) amounted to 0.19 USD. The dividends are paid monthly.
EVMO shares are issued by Morgan Stanley under the brand Eaton Vance. The ETF was launched on Aug 4, 2025, and its management style is Active.
EVMO expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
EVMO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.