EVMO ETF Analysis: Eaton Vance Mortgage | NYSE
Mortgage-Backed & Securitized Bonds | NYSE, USA | Market Cap: 803m USD | 12M Return: 1.7% | US61774R7677 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.43M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 1.2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Eaton Vance Mortgage Opportunities ETF (EVMO) is a securitized bond ETF that invests at least 80% of its assets in mortgage-related securities. Its portfolio may include a range of mortgage-backed instruments such as pass-through securities, collateralized mortgage obligations (CMOs), stripped mortgage-backed securities (SMBS), commercial mortgage-backed securities (CMBS), and inverse floating rate obligations. The fund may also allocate up to 50% of its net assets to high yield securities, commonly known as junk bonds, giving it some flexibility to pursue higher-yielding segments of the fixed income market.
As a securitized bond ETF, EVMO provides investors with exposure to the U.S. mortgage-backed securities market, a segment of the fixed income sector that pools together home and commercial real estate loans and repackages them as tradable securities. The inclusion of high yield securities reflects a broader strategy within mortgage-focused funds to enhance yield through credit risk, often by investing in non-agency or subprime MBS that carry higher default risk than government-backed offerings.
- Fed rate cuts compress mortgage-backed security spreads and yields
- Rising mortgage rates trigger prepayment risk across MBS portfolio
- High yield bond allocation exposed to widening credit spreads
As of November 03, 2026, the stock is trading at USD 48.95 with a total of 46,898 shares traded. Over the past week, the price has changed by +0.58%, over one month by +2.11%, over three months by -0.13% and over the past year by +1.74%.
Current recommended Stop Loss: 48.50 (which is 0.9% or 1.8 ATR below the current price).
Eaton Vance Mortgage has no consensus analysts rating.