Eaton Vance Global Income Builder NextShares (EVGBC)
Eaton Vance Global Income Builder NextShares operates in the Asset Management - Global industry of the Financial Services sector, headquartered in MA, US. The stock last traded at $99.96, up 0.00% on the session, giving a market capitalisation of $10.3M. Its beta of 1.28 implies it has historically moved more than the broad market.
This exchange-traded product aims to generate income by investing in a diverse portfolio of assets. It allocates capital to various types of equities, such as ordinary and preference shares, as well as hybrid financial instruments. Additionally, the fund holds a range of debt obligations, including both fixed and adjustable-rate securities, issued by companies globally, spanning both U.S. and international markets. Under standard market circumstances, the fund is structured to commit a minimum of 30% of its net assets to non-U.S. entities, which may include those from developing economies. To further diversify its holdings, the fund maintains exposure to issuers based in at least five distinct countries, with the United States being one of them.
Eaton Vance Global Income Builder NextShares is most often compared with the following Financial Services names: