March 25, 2008: Bear Stearns launches the Bear Stearns Current Yield Fund (YYY), the first actively managed ETF.
April 11, 2008: PowerShares launches the first actively managed equity ETFs.
Oct. 1, 2008: Bear Stearns shuts down YYY after declaring bankruptcy in the midst of the financial crisis. The ticker has since been reassigned to another fund.
Nov. 16, 2009: PIMCO launches the PIMCO Enhanced Short Maturity Active ETF (MINT), currently the largest actively managed ETF, with $7.2 billion in assets.
March 1, 2012: The PIMCO Total Return ETF (BOND), which originally traded under the ticker TRXT and was managed by Bill Gross, launches on the NYSE Arca.
Jan. 25, 2013: Precidian makes its first filing for exemptive relief that would allow it to launch nontransparent actively managed ETFs.
Sept. 25, 2013: The iShares Short Maturity Bond ETF (NEAR) launches.
Feb. 24, 2015: The SPDR DoubleLine Total Return Tactical ETF (TOTL), managed by Jeff Gundlach, makes its debut on the NYSE Arca.
Feb. 26, 2016: The Eaton Vance Stock NextShares, the first exchange-traded managed fund, launches on the Nasdaq.
Aug. 17, 2016: Vanguard, the first firm to successfully market the concept of a passively managed fund, files for exemptive relief to launch actively managed ETFs roughly 40 years after the launch of the first index fund.
June 30, 2017: Year-to-date, 36% of the ETFs that launched in 2017 are classified as actively managed. Those 39 funds have cumulatively attracted $1.1 billion in assets.