Investors were particularly interested in active short-term bond ETFs, with the recently launched First Trust Enhanced Short Maturity Fund (NasdaqGM: FTSM), which launched in early October, up to $1.6 billion in assets as of the end of November. Nevertheless, the PIMCO Enhanced Short Maturity (NYSEArca: MINT) still dominated the category, with $3.6 billion in assets under management. Active short-term bond ETFs held $6.8 billion in assets, representing 36.8% of the active ETF market share.
Moreover, the SEC approved an exemptive relief for Eaton Vance’s new actively managed exchange traded mutual fund, or ETMFs, which should not be confused with ETFs. [Eaton Vance Wins Exemptive Relief for ETMFs]
For more information on ETF flows, visit our ETF performance reports category.
Max Chen contributed to this article.