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 Video: What is a Stock Split?
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| Eaton Vance NextShares Trust is a closed-end, diversified management investment company. The Fund's investment objective is to achieve long-term capital appreciation by investing in a diversified portfolio of equity securities. According to our EVGBC split history records, EVGBC has had 1 split. | |
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EVGBC (EVGBC) has 1 split in our EVGBC split history database. The split for EVGBC took place on March 12, 2018. This was a 2 for 1 split, meaning for each share of EVGBC owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as EVGBC splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the EVGBC split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EVGBC shares, starting with a $10,000 purchase of EVGBC, presented on a split-history-adjusted basis factoring in the complete EVGBC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/08/2016 |
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| End date: |
12/16/2022 |
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| Start price/share: |
$50.03 |
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| End price/share: |
$99.96 |
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| Starting shares: |
199.88 |
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| Ending shares: |
210.61 |
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| Dividends reinvested/share: |
$4.16 |
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| Total return: |
110.53% |
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| Average Annual Total Return: |
11.76% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,046.90 |
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| Years: |
6.69 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/08/2016 |
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| End date: |
12/16/2022 |
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| Start price/share: |
$50.03 |
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| End price/share: |
$99.96 |
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| Dividends collected/share: |
$4.16 |
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| Total return: |
108.11% |
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| Average Annual Total Return: |
11.57% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,808.57 |
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| Years: |
6.69 |
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| Date |
Ratio |
| 03/12/2018 | 2 for 1 |
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