MutualFundWire.com: Eaton Vance Plans to Launch Active Bond ETFs
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Monday, March 8, 2010

Eaton Vance Plans to Launch Active Bond ETFs


Eaton Vance on Friday filed papers with the SEC seeking exemptive relief to be able to offer active ETFs. Dow Jones' Ian Salisbury first picked up on the Boston fund firm's filing.

Eaton Vance plans to offer five active bond ETFs.

"An actively managed ETF in the fixed-income area could provide investors with access to our investment expertise through another type of investment vehicle," Salisbury quoted an Eaton Vance spokesperson as stating. "We are always looking for investment opportunities that complement our existing lineup of investment offerings."

Eaton Vance joins a growing list of asset managers that are getting into the ETF space. The list includes T. Rowe Price, Legg Mason and Goldman Sachs.


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