Morgan Stanley's ETFs Break $1B With Fund Conversions

What You Need To Know

• The mutual funds that began trading on March 25 are the Eaton Vance Total Return Bond ETF (ticker EVTR) and the Eaton Vance Short Duration Municipal Income ETF (EVSM).
• Fidelity, DFA, JPMorgan and others have switched billions of dollars between the two fund types over the past three years.