EVSM - Eaton Vance Short Duration Municipal Income ETF

EVSM is actively managed to invest in tax-exempt municipal securities. The fund will normally invest in municipal obligations rated investment grade, and will aim to maintain a dollar-weighted average portfolio duration of less than three years, but may invest in individual securities of any maturity. In selecting securities, the adviser primarily looks at the issuers creditworthiness and the relative value of the obligation in the market.

Sector
Financial Services
Industry
Asset Management - Bonds
Market Cap
$373.5M
Beta
0.24
52-Week Range
49.72-50.88
Dividend Yield
$1.52
IPO Date
Mar 26, 2024
Exchange
AMEX

EVSM Options Snapshot

Options pricing data for EVSM is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The EVSM overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked EVSM overview questions

What is EVSM?
EVSM is the ticker symbol for Eaton Vance Short Duration Municipal Income ETF, an listed exchange-traded fund. EVSM is actively managed to invest in tax-exempt municipal securities. The fund will normally invest in municipal obligations rated investment grade, and will aim to maintain a dollar-weighted average portfolio duration of less than three years, but may invest in individual securities of any maturity. Listed on AMEX. EVSM is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What are EVSM's key statistics?
Eaton Vance Short Duration Municipal Income ETF (EVSM) carries a market capitalization of $373.5M, 52-week range of 49.72-50.88. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does EVSM belong to?
Eaton Vance Short Duration Municipal Income ETF operates in the Financial Services sector, in the Asset Management - Bonds industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare EVSM's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the EVSM data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for EVSM, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.