Stock Expert AI

EVSB ETF — Holdings & Analysis

The Eaton Vance Ultra-Short Income ETF (EVSB) is a fixed-income ETF with $0.25 billion in assets under management. EVSB seeks to provide enhanced income while preserving capital by investing primarily in investment-grade, short-term securities, with a significant focus on the banking sector. With an expense ratio of 0.17%, EVSB offers a relatively low-cost approach to accessing a portfolio of short-term debt, including U.S. bonds, pooled investments, and asset-backed securities, while also considering ESG factors in its security selection process. Past performance does not guarantee future results.

Eaton Vance Ultra-Short Income ETF (EVSB) ETF — Price, Holdings & Analysis

The Eaton Vance Ultra-Short Income ETF (EVSB) is a fixed-income ETF with $0.25 billion in assets under management. EVSB seeks to provide enhanced income while preserving capital by investing primarily in investment-grade, short-term securities, with a significant focus on the banking sector. With an expense ratio of 0.17%, EVSB offers a relatively low-cost approach to accessing a portfolio of short-term debt, including U.S. bonds, pooled investments, and asset-backed securities, while also considering ESG factors in its security selection process. Past performance does not guarantee future results.

ETF Overview

EVSB aims to boost income while protecting capital by investing in investment grade, short-term securities. The fund primarily focuses on the banking sector. Alongside this focus, the fund also has stakes in US bonds, pooled-investments, asset and mortgage-backed securities. Most of the securities the fund holds are US dollar-denominated and up to a quarter of its total assets can be invested in foreign debt securities. The selection of the funds securities takes into account economic trends, comprehensive research, and applicable ESG factors. Additionally, EVSB has the flexibility to invest into below investment grade securities, but this is capped at 10%. The fund targets a portfolio duration of one year or less, which might extend in certain high volatility periods.
EVSB aims to deliver income while protecting capital by investing in investment-grade, short-term securities. The fund's strategy involves a focus on the banking sector, alongside investments in U.S. bonds, pooled investments, and asset- and mortgage-backed securities. A significant portion of the fund's assets are held in U.S. dollar-denominated securities, with the flexibility to allocate up to 25% to foreign debt securities. The fund's investment decisions are guided by economic trends, comprehensive research, and applicable ESG factors. While primarily focused on investment-grade securities, EVSB can invest up to 10% of its assets in below-investment-grade securities. The fund targets a portfolio duration of one year or less, which may be extended during periods of high volatility. Its top holding is Morgan Stanley Instl Lqudty Govt Instl (MVRXX) at 2.42%.

Risk Metrics

EVSB's risk profile is influenced by its concentration in short-term, investment-grade securities and its focus on the banking sector. While the fund aims for capital preservation, its sector allocation, with 100% in Cash & Others, indicates a specific focus that could be sensitive to changes in that sector. The fund's beta of 0.00 (3Y) suggests very low volatility relative to the broader market. The fund's expense ratio of 0.17% introduces a minor drag on returns, but it is relatively competitive within the fixed income ETF landscape. The ability to invest up to 10% in below-investment-grade securities adds a layer of credit risk, although this is limited. Past performance does not guarantee future results.

Expense Ratio

0.17%

Top Holdings

Sector Allocation

  • Cash & Others: 100.0%

Dividend Yield

0.00%
  • <a href="/etf/dyfi">IDX Dynamic Fixed Income ETF (DYFI)</a> — 1.12% expense ratio
  • <a href="/etf/jpib">JPMorgan International Bond Opportunities ETF (JPIB)</a> — 0.50% expense ratio
  • <a href="/etf/bab">Invesco Taxable Municipal Bond ETF (BAB)</a> — 0.28% expense ratio
  • <a href="/etf/ftsd">Franklin Short Duration U.S. Government ETF (FTSD)</a> — 0.25% expense ratio
  • <a href="/etf/bsjp">Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP)</a> — 0.43% expense ratio
  • <a href="/etf/hyg">iShares iBoxx $ High Yield Corporate Bond ETF (HYG)</a> — 0.49% expense ratio
  • <a href="/etf/phyd">Putnam ESG High Yield ETF (PHYD)</a> — 0.57% expense ratio
  • <a href="/etf/pmio">PGIM Municipal Income Opportunities ETF (PMIO)</a> — 0.25% expense ratio

Risk Metrics

  • Beta: 0.00

Questions & Answers

What is EVSB and what does it track?

The Eaton Vance Ultra-Short Income ETF (EVSB) is a fixed-income ETF managed by Eaton Vance. Launched in 2023, EVSB aims to provide current income while preserving capital by investing in a portfolio of investment-grade, short-term securities. The fund focuses primarily on the banking sector, but also includes U.S. bonds, pooled investments, and asset- and mortgage-backed securities. EVSB considers economic trends, research, and ESG factors when selecting securities. Past performance does not guarantee future results.

What is the expense ratio for EVSB?

The expense ratio for the Eaton Vance Ultra-Short Income ETF (EVSB) is 0.17%. This means that for every $10,000 invested in the fund, investors will pay $17 in annual fees. While there isn't a specific category average readily available for ultra-short income ETFs, this expense ratio is generally considered competitive compared to broader fixed-income ETF categories. Past performance does not guarantee future results.

What are the top holdings in EVSB?

As of 2026-03-15, the top holding in the Eaton Vance Ultra-Short Income ETF (EVSB) is Morgan Stanley Instl Lqudty Govt Instl (MVRXX), comprising 2.42% of the fund's total assets. While other specific holdings aren't detailed in the provided data, the fund's description indicates significant allocations to U.S. bonds, pooled investments, and asset- and mortgage-backed securities. The fund also maintains a substantial allocation to cash and other liquid assets, representing 100% of the sector allocation. Past performance does not guarantee future results.

Is EVSB a good long-term investment?

Whether EVSB is a suitable long-term investment depends on an investor's individual financial goals and risk tolerance. EVSB's focus on short-term, investment-grade securities suggests a relatively conservative approach, prioritizing capital preservation and income generation over high growth. The fund's low beta of 0.00 indicates low volatility compared to the broader market. Investors seeking stability and income in a potentially volatile market environment may find EVSB appealing. Past performance does not guarantee future results.

How does EVSB compare to similar ETFs?

EVSB distinguishes itself through its focus on the banking sector and its consideration of ESG factors in security selection. Its expense ratio of 0.17% is competitive within the fixed-income ETF space. With AUM of $0.25 billion, EVSB is a relatively smaller ETF compared to some of its peers, which may impact liquidity. The fund's strategy of targeting a portfolio duration of one year or less aligns with other ultra-short bond ETFs, but its specific sector allocations and ESG integration differentiate it. Past performance does not guarantee future results.

Does EVSB pay dividends?

According to the provided data, the Eaton Vance Ultra-Short Income ETF (EVSB) has a dividend yield of 0.00%. This indicates that, as of the current data, EVSB is not distributing dividends to its shareholders. Investors seeking current income through dividends may need to consider alternative fixed-income ETFs with a positive dividend yield. Past performance does not guarantee future results.