03.26.2024

MSIM ETF Assets Surpass $1bn

03.26.2024
MSIM ETF Assets Surpass $1bn

Morgan Stanley Investment Management (“MSIM”) announced it has completed the conversion of two fixed income mutual funds to exchange-traded funds (“ETFs”). With these two additions, MSIM has introduced 14 ETFs since the launch of the ETF platform last year and has more than $1 billion in assets under management.

The below two strategies are available as ETFs as of today:

Mutual Fund ETF ETF Ticker
MSIFT Core Plus Fixed Income Portfolio Eaton Vance Total Return Bond ETF EVTR (NYSE)
MSIFT Short Duration Municipal Income Portfolio Eaton Vance Short Duration Municipal Income ETF EVSM (NYSE Arca)

Commenting on the ETF platform, Anthony Rochte, Global of Head of ETFs at MSIM, said: “We are pleased with the strong growth of MSIM’s ETF platform over the last year. Surpassing $1 billion in assets under management demonstrates the strong demand for accessing our differentiated investment capabilities in the ETF wrapper. As conversions, EVTR and EVSM offer clients our longstanding approach to income investing with the advantages of an ETF vehicle, including tax efficiency, transparency, value and trading flexibility, as well as a track record and scale.”

These latest ETFs complement the existing MSIM active fixed income ETF offering, which includes: Calvert Ultra-Short Investment Grade ETF (NYSE Arca: CVSB), Eaton Vance Ultra-Short Income ETF (NYSE Arca: EVSB), Eaton Vance High Yield ETF (NYSE Arca: EVHY), Eaton Vance Intermediate Municipal Income (NYSE Arca: EVIM), and Eaton Vance Floating Rate ETF (NYSE Arca: EVLN). Launched in 2023, MSIM’s ETF platform is comprised of 14 products, including six Calvert-branded ETFs, one Parametric-branded alternative income strategy, one Parametric-branded hedged equity strategy, and the six Eaton Vance-branded fixed income strategies.

Source: Morgan Stanley

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