ETJ (Eaton Vance Risk-Managed Diversified Equityome Fund) Shares Outstanding (EOP): 67.30 Mil (As of Dec. 2025)


ETJ Eaton Vance Risk-Managed Diversified Equity Income Fund ETJ
39 GF Score
Price $8.34
GF Value $5.26
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Eaton Vance Risk-Managed Diversified Equityome Fund Shares Outstanding (EOP)?

Eaton Vance Risk-Managed Diversified Equityome Fund ETJ +1.09% 39 Shares Outstanding (EOP) is 67.30 Mil as of Dec. 2025. GuruFocus rates ETJ with a GF Score™ of 39/100 and a GF Value™ of $5.26 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Eaton Vance Risk-Managed Diversified Equityome Fund's shares outstanding for the quarter that ended in Dec. 2025 was 67.30 Mil.

Eaton Vance Risk-Managed Diversified Equityome Fund's quarterly shares outstanding stayed the same from Jun. 2025 (67.30 Mil) to Dec. 2025 (67.30 Mil).

Eaton Vance Risk-Managed Diversified Equityome Fund's annual shares outstanding stayed the same from Dec. 2024 (67.30 Mil) to Dec. 2025 (67.30 Mil).


Eaton Vance Risk-Managed Diversified Equityome Fund  (NYSE:ETJ) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Eaton Vance Risk-Managed Diversified Equityome Fund Shares Outstanding (EOP) Related Terms


Eaton Vance Risk-Managed Diversified Equityome Fund Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Eaton Vance Risk-Managed Diversified Equityome Fund's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Eaton Vance Risk-Managed Diversified Equityome Fund Shares Outstanding (EOP) Chart

Eaton Vance Risk-Managed Diversified Equityome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only 65.25 67.30 67.30 67.30 67.30

Eaton Vance Risk-Managed Diversified Equityome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.30 67.30 67.30 67.30 67.30

ETJ vs BME, VKQ, MUA: Shares Outstanding (EOP) Comparison

For the Asset Management subindustry, Eaton Vance Risk-Managed Diversified Equityome Fund's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eaton Vance Risk-Managed Diversified Equityome Fund Shares Outstanding (EOP) vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Risk-Managed Diversified Equityome Fund's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Eaton Vance Risk-Managed Diversified Equityome Fund's Shares Outstanding (EOP) falls into.


ETJ
39GF Score
Eaton Vance Risk-Managed Diversified Equity Income Fund ETJ
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Eaton Vance Risk-Managed Diversified Equityome Fund Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 67.30 Mil mean?
Eaton Vance Risk-Managed Diversified Equityome Fund (ETJ) has a Shares Outstanding (EOP) of 67.30 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Eaton Vance Risk-Managed Diversified Equityome Fund and its competitors.
Is Eaton Vance Risk-Managed Diversified Equityome Fund's Shares Outstanding (EOP) too high?
Eaton Vance Risk-Managed Diversified Equityome Fund's current Shares Outstanding (EOP) is 67.30 Mil. Overall, Eaton Vance Risk-Managed Diversified Equityome Fund has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Risk-Managed Diversified Equityome Fund's Shares Outstanding (EOP) compare to BME and VKQ?
Eaton Vance Risk-Managed Diversified Equityome Fund's Shares Outstanding (EOP) of 67.30 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Asset Management company?
A good Shares Outstanding (EOP) depends on the Asset Management industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Eaton Vance Risk-Managed Diversified Equityome Fund and its competitors. Eaton Vance Risk-Managed Diversified Equityome Fund's current Shares Outstanding (EOP) is 67.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Risk-Managed Diversified Equityome Fund stock overvalued right now?
Based on GuruFocus' analysis, Eaton Vance Risk-Managed Diversified Equityome Fund (ETJ) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.26, compared to a current price of $8.34 — trading 58.5% above its estimated fair value. The current Shares Outstanding (EOP) is 67.30 Mil. Eaton Vance Risk-Managed Diversified Equityome Fund's overall GF Score™ is 39/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Eaton Vance Risk-Managed Diversified Equityome Fund (ETJ), the current Shares Outstanding (EOP) is 67.30 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Eaton Vance Risk-Managed Diversified Equityome Fund (ETJ) Overvalued in 2026?

Based on GuruFocus' analysis, Eaton Vance Risk-Managed Diversified Equityome Fund stock appears to be overvalued. The current stock price of $8.34 is trading 58.5% above its estimated GF Value™ of $5.26. GuruFocus considers Eaton Vance Risk-Managed Diversified Equityome Fund to be Significantly Overvalued.

Key valuation signals for ETJ:

  • Shares Outstanding (EOP): 67.30 Mil
  • GF Value™: $5.26 vs. price of $8.34 (58.5% above fair value)
  • GF Score™: 39/100 with 5 warning signs

No single metric tells the full story. See the ETJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eaton Vance Risk-Managed Diversified Equityome Fund Business Description

Address One Post Office Square, Boston, MA, USA, 02109
Eaton Vance Risk-Managed Diversified Equity Income Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. The group invests in various sectors such as financials, healthcare, consumer discretionary, consumer staples, industrials, energy, utilities, telecommunication services, and materials. Under normal market conditions, the Fund's investment program consists of majorly owning a diversified portfolio of common stocks and employing a variety of options strategies.
39GF Score

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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.34
Price
$5.26
GF Value