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Benzinga
Benzinga
Business
Chandrima Sanyal

Morgan Stanley's ETF Arm Levels Up, New Fund Breathes Life Into Old-School Mortgage Fund

Morgan Stanley

Eaton Vance is bringing a little touch of mortgage heft to the ETF landscape.

The company, which is the ETF arm of Morgan Stanley, added to its lineup of actively managed fixed income offerings on Monday with the introduction of the Eaton Vance Mortgage Opportunities ETF (NYSE:EVMO). The fund is a repositioning of the Morgan Stanley Mortgage Securities Trust, a mutual fund with a history dating back to July 1997.

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