EVSM ETF Analysis: Morgan Stanley Trust | NYSE

Muni National Short | NYSE, USA | Market Cap: 776m USD | 12M Return: 2.9% | Charts, Fundamentals & Technical Analysis

Municipal Bonds, Tax-Exempt Income, Short Duration, National Portfolio
Total Rating 36
Safety 58
Buy Signal -0.11
Muni National Short
Category Rotation: -2.0
AUM: 776M
Avg Turnover: 4.65M
Risk 3d forecast
Volatility1.59%
VaR 5th Pctl0.28%
VaR vs Median-3.26%
Reward TTM
Sharpe Ratio-1.01
Rel. Str. IBD31.9
Rel. Str. Peer Group40.9
Character TTM
Beta0.019
Beta Downside0.000
Hurst Exponent0.558
Drawdowns 3y
Max DD1.50%
CAGR/Max DD2.22
CAGR/Mean DD14.21

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 +0.0% -
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 July 28, 2026, the stock is trading at USD 50.10 with a total of 74,283 shares traded. Over the past week, the price has changed by -0.32%, over one month by -0.41%, over three months by +0.14% and over the past year by +2.87%.

Current recommended Stop Loss: 50.00 (which is 0.2% or 1.4 ATR below the current price).

Is EVSM a buy, sell or hold?

Morgan Stanley Trust has no consensus analysts rating.