Morgan Stanley Investment Management plans to convert eight Eaton Vance municipal bond mutual funds, totaling nearly $10 billion in assets, into exchange-traded funds (ETFs). Seven funds will become new actively managed ETFs, while one will merge into an existing ETF. Shareholders must approve the conversion, which aims to offer benefits like tax efficiency and intraday trading, though it may affect pricing, taxes, and account mechanics. Proxy materials are expected by late October, and investors should review details carefully before voting.
Morgan Stanley holds a market cap of $300.01 billion as of Oct 08, 2026 04:32 WIB, with a dividend yield of 2.41% and a typical hold time of 94 days on Pluang. The company’s shares are currently priced at USD 189.86, down 0.58% on the day. This context highlights the scale and investor interest in Morgan Stanley as it seeks shareholder approval to convert nearly $10 billion in municipal bond mutual funds into ETFs.
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