Eaton Vance Total Return Bond ETF (EVTR)

The Eaton Vance Total Return Bond ETF (EVTR) is an actively managed core-plus bond fund from Eaton Vance, a Morgan Stanley Investment Management company. It seeks total return through a combination of income and capital appreciation.

The fund invests primarily in investment-grade fixed income securities, including U.S. Treasuries, government agency debt, mortgage-backed and other securitized securities, and corporate bonds. It may also allocate part of the portfolio to high-yield and non-U.S. debt to broaden its opportunity set.

Portfolio managers adjust sector allocations, credit quality and interest-rate exposure based on their market outlook rather than replicating a benchmark, and the fund is intended to serve as a diversified core bond holding.