Eaton Vance Income Opportunities ETF (XAGG) Stock Price, Quote, News & History | Benzinga

The Trust seeks to achieve The Fund is an actively managed exchange-traded fund (ETF). The Funds Adviser, Morgan Stanley Investment Management Inc., will allocate the Funds investments among the following asset classes or market segments: (1) corporate securities, (2) agency residential and commercial mortgage-backed securities, (3) non-agency residential and commercial mortgage-backed securities, (4) asset-backed securities, (5) emerging market securities, (6) convertible securities, (7) U.S. government securities and foreign sovereign debt, and (8) derivatives, including interest rate-related derivatives and currency derivatives. Securities may be rated either investment grade or below investment grade and denominated in any currency, hedged or un-hedged. The amount of the Funds assets committed to any one asset class or market segment will fluctuate. Under normal circumstances, the Fund may invest up to 65 percent of its net assets in any one asset class or market segment. The Adviser has the flexibility to select any combination of at least two asset classes of the aforementioned groups depending upon market conditions and the current economic environment and, as a result, at any given time the Funds assets may be invested in certain groups and not others.