Eaton Vance Intermediate Municipal Income ETF
EVIM
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- Two International Place Boston MA United States of America 2110
- IPO Date
- Oct 19, 2023
- Website
- eatonvance.com
- Similar Companies
- Business
- Eaton Vance Intermediate Municipal Income ETF (EVIM) is an actively managed exchange-traded fund that seeks current income exempt from regular federal income tax by investing primarily in a diversified portfolio of intermediate-term municipal bonds and securities. The fund offers exposure to the U.S. municipal bond market across various sectors including general obligations, hospitals, transportation, education, and housing; credit qualities ranging from AAA to BB; and maturities predominantly between 5 and 20 years, with an effective duration of approximately 6.91 years and holdings in issuers such as New York Transportation Development Corp., California Statewide Communities Development Authority, and Indiana State Finance Authority. EVIM tracks performance relative to the ICE BofA 2-17 Year US Municipal Securities Index, employs active management strategies leveraging decades of municipal bond expertise, and distributes income monthly with a net expense ratio of 0.10%. Sponsored by Morgan Stanley ETF Trust under the Eaton Vance brand, with Morgan Stanley Investment Management Inc. serving as investment adviser, the ETF operates in the fixed income segment targeting tax-sensitive investors such as individuals and institutions seeking intermediate municipal exposure; it trades on NYSE Arca with total net assets of approximately $105 million as of August 2025. Inception date is October 16, 2023, with shares first trading on October 19, 2023; the fund is headquartered in the U.S. through its adviser in Boston, Massachusetts, and focuses geographically on U.S. state, territory, and political subdivision municipal securities. Recent developments include a voluntary fee waiver by the adviser limiting certain expenses until February 1, 2026, resulting in the net expense ratio; alongside this, Morgan Stanley Investment Management expanded its Eaton Vance ETF suite with launches such as the Eaton Vance High Income Municipal ETF (EVYM) in March 2025 and Eaton Vance Income Opportunities ETF in November 2025, reflecting ongoing platform growth to $4.7 billion in assets.