Eaton Vance Total Return Bond ETF
$48.90−0.48 (−0.98%)
History starts Mar 25, 2024.
- Expense ratio
- 0.32%
- Fund size
- $6.1B
- 1Y return
- +0.2%
- Yield · Last 12 months
- 4.88%
- Holdings
- 751
- Volume · 30D
- 0.6M sh
- NAV per share
- $49.40
- 52W range
The ETF.net EVTR Grade
Score 74 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 75Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 89Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 30Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 82Category rank
Our read on EVTR
AMost core bond ETFs just clone the index. EVTR goes active: a core-plus mix of investment grade bonds with room for opportunistic higher-yielding picks, from a strategy whose lineage dates to 1984, priced under its category median.
The Fund seeks above-average total return over a three- to five-year market cycle. It invests primarily in diversified U.S. dollar-denominated investment-grade fixed-income securities and may opportunistically invest in lower-rated or unrated securities.
Why people hold it
- Active management at a below-average price. Its 0.32% fee sits under the median for aggregate bond ETFs (0.36%), which is unusual for a stock-picker's approach to bonds.
- Core-plus by design: a diversified base of investment grade bonds, plus opportunistic higher-yielding positions, run by Eaton Vance's broad markets fixed income team.eatonvance.com
- The portfolio does what the prospectus says it does, and it stands in the top quartile of its aggregate-bond peer group on our review.
- Pays monthly, and it is a multi-billion-dollar fund that changes hands regularly enough to keep trading friction modest.
Worth knowing
- The index giants in this category (BND, SPAB, SCHZ) charge 0.03%. That is roughly a tenth of EVTR's fee, so the manager's calls carry the burden of justifying the gap.
- No index to grade the work against. Sector and credit decisions drive the outcome, in both directions.eatonvance.com
- The plus in core-plus is credit. Opportunistic higher-yielding bonds add default risk that a pure investment grade tracker does not carry, on top of normal rate sensitivity.eatonvance.com
EVTR Holdings
- Other
- 751
- 46%
- TUZ6
Geography
- United States96.73%
- Denmark1.39%
- Ireland0.43%
- Hungary0.30%
- Egypt0.24%
- Romania0.14%
- Turkey0.13%
- Luxembourg0.08%
- 0.56%
EVTR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
EVTR$10,018
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EVTR |
|---|---|
| Year to date | −1.0% |
| 1 month | −1.0% |
| 3 months | −1.5% |
| 1 year | +0.2% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EVTR |
|---|---|---|
| 2026 YTD | −1.0% | |
| 2025 | +8.1% | |
| 2024 | +4.1% |
EVTR in the news
EVTR Dividends
- 4.88%
- $2.41
- $0.20 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 31, 2026 | Sep 4, 2026 | $0.20 |
| Jul 31, 2026 | Aug 6, 2026 | $0.21 |
| Jun 30, 2026 | Jul 7, 2026 | $0.20 |
| May 29, 2026 | Jun 4, 2026 | $0.21 |
| Apr 30, 2026 | May 6, 2026 | $0.20 |
| Mar 31, 2026 | Apr 7, 2026 | $0.21 |
| Feb 27, 2026 | Mar 5, 2026 | $0.18 |
| Jan 30, 2026 | Feb 5, 2026 | $0.21 |
| Dec 23, 2025 | Dec 30, 2025 | $0.21 |
| Nov 28, 2025 | Dec 4, 2025 | $0.20 |
| Oct 31, 2025 | Nov 6, 2025 | $0.20 |
| Sep 30, 2025 | Oct 6, 2025 | $0.19 |
EVTR Risk
- 4.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.15
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.96
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EVTR Cost
0.32%
EVTR0.32%
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.41%
7 of the 27 Global Aggregate Bond (Unhedged) funds charge less.