Quick Read
- Morgan Stanley Investment Management seeks shareholder approval to convert eight Eaton Vance municipal bond funds, holding nearly $10 billion, into actively managed ETFs.
- Shareholders must hold assets in an ETF-compatible brokerage account by early 2027 or risk having their positions liquidated for cash.
- A prior Eaton Vance fund conversion grew from $363 million to $6 billion after converting in 2024, but asset growth tells shareholders nothing about their own return.
Yahoo Finance
by Ryne Mauck
Wed, October 7, 2026