Morgan Stanley ETF Trust - Eaton Vance Mortgage Opportunities ETF
Morgan Stanley ETF Trust - Eaton Vance Mortgage Opportunities ETF (AMEX: EVMO) is an exchange-traded fund listed on NYSE Arca, trading at $48.25 (about ₹4,635 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.45% and holds 725 securities. Indian residents can buy EVMO through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$48.09
Today's high
$48.32
52 week low
$48.09
52 week high
$51.75
EVMO opened at $48.31, closed previously at $48.34, and has traded between $48.09 and $51.75 over the past 52 weeks.
About
EVMO seeks a high level of current income by actively investing in mortgage-related securities, including mortgage pass-through securities, CMOs, SMBS, CMBS, inverse floaters, and TBAs, issued by US government entities or private institutions. It may invest up to 50% in high yield securities rated below investment grade and up to 20% in foreign securities. The adviser uses top-down macroeconomic and bottom-up security analysis, combining quantitative and fundamental approaches to narrow and select investments, with security selection as the primary focus. ESG factors may be considered when relevant. The fund may also invest in asset-backed and other US government securities and use derivatives for risk management or to adjust exposure. The fund converted from a Mutual Fund to an ETF with $598 million in assets.
Key statistics
Expense ratio
0.45%
Assets (AUM)
$849.8M
Holdings
725
NAV
$48.27
Avg. volume
—
1-year price change
-4.59%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
EVMO holds 725 securities in total. These 10 are 37.6% of the fund.
Where the money is invested
Sectors
Countries
How to buy EVMO from India
Indian residents can buy EVMO units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search EVMO and buy
Find the fund by its ticker, EVMO, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in EVMO from India
Trading and taxes when buying EVMO from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the EVMO price today?
Morgan Stanley ETF Trust - Eaton Vance Mortgage Opportunities ETF (EVMO) last traded at $48.25 on NYSE Arca, as of 29 Sep 2026, 4:00 PM ET. That is ₹4,635 a unit at the 29 Sep 2026 USD/INR rate.
When does EVMO trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is EVMO, and what does it cost to hold?
Morgan Stanley ETF Trust - Eaton Vance Mortgage Opportunities ETF manages about $849.8M. Its expense ratio is 0.45% a year, deducted inside the fund. It launched in 1997.
What are EVMO's largest holdings?
The top three are US 5YR NOTE 12/31/2026 (27.9%), UNITED STATES ZERO 09/27 (2.5%) and TBA UMBS SINGLE 5.5% (1.1%). EVMO's 10 largest positions make up 37.6% of the fund.
Does EVMO pay dividends?
Yes. EVMO is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on EVMO taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of EVMO?
Yes. You can buy EVMO by amount rather than by whole unit, and there is no minimum trade size.
How has EVMO performed?
EVMO's price is down 4.6% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.