Morgan Stanley Investment launches Eaton Vance Floating-Rate ETF

By Marisa Wong

Los Angeles, Feb. 8 – Morgan Stanley Investment Management announced the launch of its latest exchange-traded fund, Eaton Vance Floating-Rate ETF, an actively managed senior loan strategy, according to a press release.

The ETF will seek to provide a high level of current income through a portfolio comprising no less than 80% in floating-rate credit investments, the majority of which are expected to be the floating-rate corporate term loans at the center of the team’s investment capability, according to a press release.

Supporting allocations to high-yield bonds and collateralized loan obligation debt tranches will broaden the opportunity set, the company said.

The strategy will be managed by Morgan Stanley’s investment team dedicated exclusively to loan management.

Morgan Stanley said the new ETF is the 12th ETF strategy brought to market since the launch of its ETF platform in February 2023 and is listed on the NYSE.

The investment management company is based in New York.

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