Parametric Equity Plus ETF Price & Performance (PEPS)

Morgan Stanley Investment Management has introduced the Eaton Vance High Income Municipal ETF, expanding its ETF platform to $4.7 billion. This marks the eighth active fixed-income ETF under its umbrella. The fund targets high-yield municipal bonds, aiming to provide tax-exempt income to investors seeking efficient income strategies.1

The Eaton Vance High Income Municipal ETF, launched by Morgan Stanley, focuses on offering high current income exempt from federal taxes. With at least 80% of assets in municipal obligations, the fund caters to investors prioritizing tax efficiency. This addition is part of Morgan Stanley's broader strategy to grow its ETF offerings.1

Morgan Stanley's latest ETF, Eaton Vance High Income Municipal, underscores the growing demand for tax-efficient investment options. The fund has drawn attention by targeting high-yield municipal bonds, a niche appealing to high-net-worth clients. This launch reflects the firm's commitment to expanding its fixed-income product lineup.1