(EVHY) Morgan Stanley Trust - Ratings and Ratios

The Morgan Stanley ETF Trust (NYSE ARCA: EVHY) is a high-yield bond exchange-traded fund (ETF) that primarily invests in high-yield securities, with at least 80% of its net assets allocated to such instruments under normal market conditions. The fund may also invest up to 15% of its net assets in investment-grade securities, which provides diversification and reduces overall portfolio risk. This strategy allows the fund to capitalize on the higher yields offered by non-investment-grade bonds while maintaining a portion of its portfolio in more stable, higher-quality debt instruments.

As of the latest data, the fund has an average trading volume of 1009 shares over the past 20 days, with a last price of $52.44. Its short-term technical indicators show a SMA20 of $52.66 and a SMA50 of $52.35, while the SMA200 stands at $51.44, indicating a moderate upward trend over the longer term. The Average True Range (ATR) of 0.14 reflects relatively low volatility. With assets under management (AUM) of $21.20 million, EVHY is a smaller ETF in its category, which may appeal to investors seeking targeted exposure to the high-yield bond market.