EVYM was created on 2025-02-25 by Eaton Vance. The fund's investment portfolio concentrates primarily on high yield fixed income. The ETF currently has 56.64m in AUM and 117 holdings. EVYM actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness.