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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/29/2024 |
$9.16 |
$9.28 |
$9.15 |
$9.17 |
16.50K | 04/30/2024 |
$9.11 |
$9.17 |
$9.11 |
$9.15 |
13.30K | 05/01/2024 |
$9.17 |
$9.23 |
$9.12 |
$9.20 |
28.60K | 05/02/2024 |
$9.20 |
$9.27 |
$9.17 |
$9.22 |
10.70K | 05/03/2024 |
$9.39 |
$9.43 |
$9.22 |
$9.29 |
16.90K |
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Nuveen Municipal Income Fund is registered as a diversified closed-end management investment company. The Fund's primary investment objective is to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities and certain United States territories. | |
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Nuveen Municipal Income Fund (NMI) has the following price history information. Looking back at NMI historical stock prices for the last five trading days, on April 29, 2024, NMI opened at $9.16, traded as high as $9.28 and as low as $9.15, and closed at $9.17. Trading volume was a total of 16.50K shares. On April 30, 2024, NMI opened at $9.11, traded as high as $9.17 and as low as $9.11, and closed at $9.15. Trading volume was a total of 13.30K shares. On May 01, 2024, NMI opened at $9.17, traded as high as $9.23 and as low as $9.12, and closed at $9.20. Trading volume was a total of 28.60K shares. On May 02, 2024, NMI opened at $9.20, traded as high as $9.27 and as low as $9.17, and closed at $9.22. Trading volume was a total of 10.70K shares. On May 03, 2024, NMI opened at $9.39, traded as high as $9.43 and as low as $9.22, and closed at $9.29. Trading volume was a total of 16.90K shares.
NMI Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Nuveen Municipal Income Fund shares, starting with a $10,000 purchase of NMI, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
05/07/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$11.40 |
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End price/share: |
$9.29 |
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Starting shares: |
877.19 |
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Ending shares: |
1,320.78 |
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Dividends reinvested/share: |
$4.49 |
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Total return: |
22.70% |
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Average Annual Total Return: |
2.07% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,273.17 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
05/07/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$11.40 |
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End price/share: |
$9.29 |
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Dividends collected/share: |
$4.49 |
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Total return: |
20.89% |
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Average Annual Total Return: |
1.92% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,094.04 |
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Years: |
10.00 |
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Date |
Close |
04/29/2024 | $9.17 | 04/30/2024 | $9.15 | 05/01/2024 | $9.20 | 05/02/2024 | $9.22 | 05/03/2024 | $9.29 |
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