EVMO – Eaton Vance Mortgage Opportunities ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of current income. The fund normally invests at least 80% of its assets in mortgage-related securities. These mortgage-related securities may include mortgage-backed securities such as mortgage pass-through securities, collateralized mortgage obligations ("CMOs"), stripped mortgage-backed securities ("SMBS"), commercial mortgage-backed securities ("CMBS") and inverse floating rate obligations ("inverse floaters"). It may invest up to 50% of its net assets in high yield securities (commonly referred to as "junk bonds").

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
EVMO	Eaton Vance Mortgage Opportunities ETF	ETF	Open			Jul 28, 1997	$797.50M	0.450%	High	—	$153.64M

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