Eaton Vance High Income Municipal ETF (EVYM)
Company overview
EVYM is an actively managed exchange-traded fund primarily invested in U.S. municipal bonds that are exempt from federal income tax. The fund largely concentrates its holdings in high-yield debt instruments, though it also has the flexibility to include municipal securities with lower investment-grade ratings. Up to 20% of its assets may be allocated to other debt types, including taxable municipal bonds, U.S. Treasuries, and obligations issued by the U.S. government, its agencies, or instrumentalities. Typically, the fund acquires municipal bonds with maturities of ten years or more, but it retains the option to invest in shorter-term securities. The advisor places considerable importance on assessing the creditworthiness of issuers, utilizing ratings provided by credit agencies to guide investment and divestment decisions. Environmental, Social, and Governance (ESG) factors that could influence an obligation's performance are also taken into account.
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Eaton Vance High Income Municipal ETF (EVYM)
No price history available.
EVYM is an actively managed exchange-traded fund primarily invested in U.S. municipal bonds that are exempt from federal income tax. The fund largely concentrates its holdings in high-yield debt instruments, though it also has the flexibility to include municipal securities with lower investment-grade ratings. Up to 20% of its assets may be allocated to other debt types, including taxable municipal bonds, U.S. Treasuries, and obligations issued by the U.S. government, its agencies, or instrumentalities. Typically, the fund acquires municipal bonds with maturities of ten years or more, but it retains the option to invest in shorter-term securities. The advisor places considerable importance on assessing the creditworthiness of issuers, utilizing ratings provided by credit agencies to guide investment and divestment decisions. Environmental, Social, and Governance (ESG) factors that could influence an obligation's performance are also taken into account.
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