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The Eaton Vance Short Duration Municipal Income ETF (EVSM) operates under an active management strategy, focusing primarily on municipal debt instruments that offer federal tax exemptions. While its typical allocation is to investment-grade municipal obligations, the fund's objective is to maintain a dollar-weighted average portfolio duration of less than three years. However, this does not preclude the inclusion of individual securities with any maturity length. The investment adviser's primary criteria for selecting securities include evaluating the credit quality of the issuer and assessing the bond's value proposition within the market. Furthermore, Environmental, Social, and Governance (ESG) considerations are incorporated into the decision-making process. Due to its active management approach, EVSM holds the flexibility to occasionally invest a portion of its assets in bonds that are subject to regular federal income tax, as well as in higher-yielding, non-investment grade (junk) bonds.
FAQs
What is Eaton Vance Short Duration Municipal Income stock price today?▼
The current price of EVSM is $49.25 USD — it has increased by +0.06% in the past 24 hours. Watch Eaton Vance Short Duration Municipal Income stock price performance more closely on the chart.
What is Eaton Vance Short Duration Municipal Income stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on ARCX exchange Eaton Vance Short Duration Municipal Income stocks are traded under the ticker EVSM.
Is Eaton Vance Short Duration Municipal Income stock price growing?▼
EVSM stock has risen by +0.35% compared to the previous week, the month change is a -1.4% fall, over the last year Eaton Vance Short Duration Municipal Income has showed a -2.27% decrease.
Does Eaton Vance Short Duration Municipal Income pay dividends?▼
Yes, EVSM dividends are paid monthly. The last dividend per share was 0.12 . As of today, Dividend Yield (FWD)% is 3.05%.
In which sector is Eaton Vance Short Duration Municipal Income located?▼
Eaton Vance Short Duration Municipal Income operates in the Finance & Payments sector.
When did Eaton Vance Short Duration Municipal Income complete a stock split?▼
Eaton Vance Short Duration Municipal Income has not had any recent stock splits.
Where is Eaton Vance Short Duration Municipal Income headquartered?▼
Eaton Vance Short Duration Municipal Income is headquartered in Boston, United States.