Eaton Vance Ultra-Short Income ETF Price & Performance (EVSB)

The Federal Reserve is anticipated to reduce interest rates by up to 50 basis points next month. This move is expected to invigorate the bond market, offering potential growth for fixed-income ETFs and traditional bonds. Market participants are closely watching for further signals from the Fed.1

Eaton Vance Municipal Income Trust recently experienced insider trading activity, with an executive selling 15,000 shares valued at $159,750. This transaction comes as the fund maintains a strong dividend yield of 5.76% and continues to trade within a stable range over the past year.2

Saba Capital Management increased its stake in Eaton Vance New York Municipal Bond Fund by acquiring 33,916 shares. The investment, totaling $324,086, highlights the firm's confidence in the municipal bond market. The fund offers a 5.24% dividend yield and boasts a low volatility profile.3