Eaton Vance Intermediate Municipal Income ETF (EVIM)
Eaton Vance Intermediate Municipal Income ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $52.64, up 0.04% on the session, giving a market capitalisation of $110.5M. Its beta of 0.23 implies it has historically moved less than the broad market.
Typically, this fund commits a minimum of 80% of its total assets (inclusive of any capital acquired through borrowing for investment) to municipal bonds that generate interest exempt from regular federal income tax. The portfolio also maintains the flexibility to allocate up to 20% of its assets to other debt instruments. These may include, but are not limited to, taxable municipal obligations, U.S. Treasury securities, and various debt issued by the U.S. government, its agencies, and instrumentalities.
Eaton Vance Intermediate Municipal Income ETF is most often compared with the following Financial Services names: