Eaton Vance Stock NextShares
EVSTC
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- MA United States of America
- IPO Date
- Feb 25, 2016
- CIK
- 0001573035
- Similar Companies
- Business
- Eaton Vance Stock NextShares (EVSTC) is an actively managed exchange-traded managed fund (ETMF), branded as a NextShares product, that seeks long-term capital appreciation through investment in a diversified portfolio of U.S. equity securities across various market capitalizations, with primary exposure to large blend equities; it offers intraday trading linked to end-of-day net asset value (NAV), lower trading costs, and tax efficiency compared to traditional mutual funds, featuring holdings in sectors such as technology, consumer cyclical, healthcare, and communications, along with approximately 22% in ETF cash components. The fund trades on the Nasdaq stock exchange and is issued by Eaton Vance NextShares Trust, a subsidiary managed by Eaton Vance, which provides investment advisory services through Boston Management and Research (BMR). Launched on February 26, 2016, as the first NextShares product following SEC approval, EVSTC operates within the broad equity category focused on developed North American markets, targeting investors seeking active equity management with ETF-like efficiencies. Headquartered in Boston, Massachusetts—where parent Eaton Vance (founded in 1924 and acquired by Morgan Stanley in March 2021 for approximately $7 billion) maintains its primary operations—the fund benefits from Eaton Vance's integration into Morgan Stanley Investment Management, enhancing distribution and product capabilities across U.S. retail and international channels. Geographically, EVSTC focuses on U.S. equities but draws from Eaton Vance's global platform serving institutional and retail investors worldwide. In recent developments, Eaton Vance has not announced major changes specific to EVSTC within the last 1-2 years, including no new partnerships, funding rounds, acquisitions, product launches, or operational shifts for the fund itself, which continues to trade with assets under management of around $95 million as of late 2025 and minimal average daily volume. However, the broader Eaton Vance entity underwent its transformative acquisition by Morgan Stanley in 2021, bolstering NextShares' ecosystem through expanded international distribution and complementary fixed income offerings, while maintaining the original 18 planned NextShares funds' structure without noted reorganizations or delistings. No significant updates, such as name changes or expansions, have been reported for EVSTC amid stable performance in a low-volume trading environment.