EVSM ETF Analysis: Morgan Stanley Trust | NYSE

Muni National Short | NYSE, USA | Market Cap: 800m USD | 12M Return: 2.6% | Charts, Fundamentals & Technical Analysis

Municipal Bonds, Tax-Exempt Income, Short Duration, National Portfolio
Total Rating 40
Safety 80
Buy Signal -0.25
Muni National Short
Category Rotation: +1.8
AUM: 800M
Avg Turnover: 5.43M
Risk 3d forecast
Volatility1.49%
VaR 5th Pctl0.26%
VaR vs Median-3.07%
Reward TTM
Sharpe Ratio-1.28
Rel. Str. IBD26.2
Rel. Str. Peer Group40.9
Character TTM
Beta0.029
Beta Downside0.017
Hurst Exponent0.606
Drawdowns 3y
Max DD1.50%
CAGR/Max DD2.26
CAGR/Mean DD14.50

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Seasonality 2.3 years of data

Jan +0.2% -
Feb +0.1% -
Mar -1.0% 39
Apr -0.3% 31
May -0.1% 26
Jun +0.1% 0
Jul -0.3% 0
Aug +0.2% -
Sep +0.0% -
Oct -0.4% -
Nov -0.2% -
Dec -0.1% -

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.

Description: EVSM Morgan Stanley Trust

The fund invests at least 80% of its net assets in municipal securities whose interest income is exempt from regular federal income tax, making it a tax-advantaged fixed-income vehicle. As a Muni National Short ETF, it holds debt issued by state and local governments across the U.S., typically with shorter maturities that reduce interest rate sensitivity compared to longer-duration bond funds.

Headlines to Watch Out For
  • Fed rate cuts weigh on short-term muni yields
  • Federal tax exemption review threatens muni demand
  • Heavy municipal issuance pressures ETF net asset value
What is the price of EVSM shares?

As of August 21, 2026, the stock is trading at USD 50.15 with a total of 97,269 shares traded. Over the past week, the price has changed by -0.13%, over one month by +0.04%, over three months by +0.78% and over the past year by +2.61%.

Current recommended Stop Loss: 50.00 (which is 0.3% or 2.1 ATR below the current price).

Is EVSM a buy, sell or hold?

Morgan Stanley Trust has no consensus analysts rating.