EVHYEaton Vance High Yield ETF

Get income2y track recordRanked #1,179 of 1,622 in this goal

Seeks to provide a high level of current income.

By Eaton Vance ETFs · Launched 2023

Annual Cost

0.48%

#2,335 of 5,562 · average

Fund Size

$24M

#4,242 of 5,562 · small

Dividend YieldGoal

7.21%

Track Record

2 years

#3,233 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,668+6.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

Index tracked

ICE BofA BB-B US High Yield Index

What it actually holds

By weight

Concentration

Top 10 holdings = 22.8% of fund✓ well diversified

Morgan Stanley & Co. LLC

13.9%

Morgan Stanley & Co. LLC

1.2%

Medline Borrower LP

1.1%

Virgin Media Secured Finance plc

1.1%

CCO Holdings LLC

1.0%

Panther Escrow Issuer LLC

1.0%

Beach Acquisition Bidco LLC

1.0%

Builders FirstSource, Inc.

0.9%

TopBuild Corp.

0.8%

Lithia Motors, Inc.

0.8%

Asset allocation

Bonds

94.5%

Cash

3.6%

Preferred

1.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.4%Low

Year-on-year price swings

Max drawdown

-3.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

6.7 years

Avg maturity

10.0 years

Credit ratings

BBB

0.9%

54.9%

40.0%

Below B

1.8%

Other

2.4%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide a high level of current income.
Strategy: Invests primarily in high yield securities, including U.S. dollar-denominated corporate bonds rated below investment grade. May invest up to 20% in foreign and emerging market securities. Uses derivatives for hedging and risk management, and may invest in pooled vehicles like ETFs. Actively managed with a focus on credit quality and ESG factors. The portfolio managers aim to enhance yield and preserve principal value through timely trading.
Inception date: October 16, 2023
Fund family: Eaton Vance ETFs