EVSM ETF Analysis: Morgan Stanley Trust | NYSE

Muni National Short | NYSE, USA | Market Cap: 835m USD | 12M Return: 0.4% | Charts, Fundamentals & Technical Analysis

Municipal Bonds, Tax-Exempt Income, Short Duration, National Portfolio
Total Rating 39
Safety 74
Buy Signal -0.39
Muni National Short
Category Rotation: +6.4
AUM: 835M
Avg Turnover: 7.68M
Risk 3d forecast
Volatility2.14%
VaR 5th Pctl0.37%
VaR vs Median-2.92%
Reward TTM
Sharpe Ratio-2.85
Rel. Str. IBD33.4
Rel. Str. Peer Group62.5
Character TTM
Beta0.030
Beta Downside0.022
Hurst Exponent0.575
Drawdowns 3y
Max DD1.71%
CAGR/Max DD1.52
CAGR/Mean DD10.51

Warnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 2.5 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 +0.1% 0
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 September 27, 2026, the stock is trading at USD 49.25 with a total of 381,475 shares traded. Over the past week, the price has changed by -0.85%, over one month by -1.71%, over three months by -1.59% and over the past year by +0.35%.

Current recommended Stop Loss: 49.10 (which is 0.3% or 1.5 ATR below the current price).

Is EVSM a buy, sell or hold?

Morgan Stanley Trust has no consensus analysts rating.