The line of mutual fund providers who want to launch exchange traded funds (ETFs) seems to get longer each passing day. Now you can add Eaton Vance Corp. to the fast-growing list.
Eaton Vance, a Boston-based money manager, is one of the biggest players in the world of closed-end funds (CEFs). The firm has registered with the Securities and Exchange Commission (SEC) to launch five actively managed bond ETFs. [Actively Managed ETFs: The Trend for 2010.]
Other fund companies that have expressed an interest or filed to launch their own ETFs include Legg Mason, Goldman Sachs, T. Rowe Price and TD Ameritrade. [Grail Leading the Charge.]
For more stories about new ETFs, visit our new ETF category.
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