ETF overview
EVSB is designed to generate increased income while safeguarding principal. It achieves this by primarily allocating its investments to high-quality, short-duration debt instruments. A significant portion of its holdings is concentrated within the banking sector. The fund's portfolio also encompasses U.S. government bonds, pooled investment vehicles, and securities backed by assets or mortgages. While most of its investments are denominated in U.S. dollars, EVSB has the flexibility to allocate up to 25% of its total assets to foreign debt securities. The selection process for these investments involves considering prevailing economic trends, conducting extensive research, and evaluating pertinent environmental, social, and governance (ESG) factors. Although its main focus is on investment-grade assets, the fund can, if deemed appropriate, invest up to 10% of its assets in debt securities rated below investment grade. EVSB aims for a portfolio duration of a year or less, a target that might be extended during times of significant market volatility.
Fund facts
- Expense ratio
- 0.17%
- Fund assets
- 374.21M USD (all share classes)
- Issuer
- Eaton Vance
- Inception date
- Oct 16, 2023
- Number of holdings
- 316
Breakdown
Holdings (316)
| Name | Ticker | Weight |
|---|---|---|
| UNITED STATES 3.25% 06/27 | 7.67% | |
| MSILF GOVERNMENT | 5.66% | |
| JPMORGAN CHASE VAR 01/28 | 1.84% | |
| WELLS FARGO & VAR 05/28 | 1.83% | |
| BANK OF AMERICA VAR 07/28 | 1.81% | |
| UNITED 4.125% 09/27 | 1.64% | |
| CITIGROUP INC VAR 02/28 | 1.25% | |
| BANCO SANTANDER VAR 03/28 | 1.10% | |
| DELTA AIR 4.75% 10/28 | 1.06% | |
| SOCIETE VAR 01/28 | 1.00% | |
| and 303 more | ||
Similar ETFs
- Calvert Ultra-Short Investment Grade ETFCVSB · Overlap 67% · Expense ratio 0.24%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.17%
- Fund assets
- 374.21M USD (all share classes)
- Issuer
- Eaton Vance
- Inception date
- Oct 16, 2023
- Number of holdings
- 316
| Name | Ticker | Weight |
|---|---|---|
| UNITED STATES 3.25% 06/27 | 7.67% | |
| MSILF GOVERNMENT | 5.66% | |
| JPMORGAN CHASE VAR 01/28 | 1.84% | |
| WELLS FARGO & VAR 05/28 | 1.83% | |
| BANK OF AMERICA VAR 07/28 | 1.81% | |
| UNITED 4.125% 09/27 | 1.64% | |
| CITIGROUP INC VAR 02/28 | 1.25% | |
| BANCO SANTANDER VAR 03/28 | 1.10% | |
| DELTA AIR 4.75% 10/28 | 1.06% | |
| SOCIETE VAR 01/28 | 1.00% | |
| and 303 more | ||
EVSB is designed to generate increased income while safeguarding principal. It achieves this by primarily allocating its investments to high-quality, short-duration debt instruments. A significant portion of its holdings is concentrated within the banking sector. The fund's portfolio also encompasses U.S. government bonds, pooled investment vehicles, and securities backed by assets or mortgages. While most of its investments are denominated in U.S. dollars, EVSB has the flexibility to allocate up to 25% of its total assets to foreign debt securities. The selection process for these investments involves considering prevailing economic trends, conducting extensive research, and evaluating pertinent environmental, social, and governance (ESG) factors. Although its main focus is on investment-grade assets, the fund can, if deemed appropriate, invest up to 10% of its assets in debt securities rated below investment grade. EVSB aims for a portfolio duration of a year or less, a target that might be extended during times of significant market volatility.
- Calvert Ultra-Short Investment Grade ETFCVSB · Overlap 67% · Expense ratio 0.24%
Overlap is the share of assets the two funds hold in common.
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