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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/21/2024 |
$11.90 |
$11.97 |
$11.89 |
$11.94 |
105.50K | 03/22/2024 |
$12.01 |
$12.01 |
$11.85 |
$11.93 |
99.20K | 03/25/2024 |
$11.94 |
$11.96 |
$11.86 |
$11.90 |
107.70K | 03/26/2024 |
$11.93 |
$11.93 |
$11.80 |
$11.86 |
145.50K | 03/27/2024 |
$11.89 |
$11.89 |
$11.75 |
$11.87 |
142.50K |
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Advent Convertible and Income Fund is a closed-end management investment company. The Fund's investment objective is to provide total return through a combination of capital appreciation and current income. The Fund pursues its investment objective by investing at least 80% of its managed assets in a portfolio of convertible securities and non-convertible income producing securities. Under normal market conditions, the Fund must invest at least 30% of its managed assets in convertible securities and may invest up to 70% of its managed assets in nonconvertible income securities. The Fund may invest without limitation in foreign securities. | |
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Advent Claymore Convertible Securities and Income Fund (AVK) has the following price history information. Looking back at AVK historical stock prices for the last five trading days, on March 21, 2024, AVK opened at $11.90, traded as high as $11.97 and as low as $11.89, and closed at $11.94. Trading volume was a total of 105.50K shares. On March 22, 2024, AVK opened at $12.01, traded as high as $12.01 and as low as $11.85, and closed at $11.93. Trading volume was a total of 99.20K shares. On March 25, 2024, AVK opened at $11.94, traded as high as $11.96 and as low as $11.86, and closed at $11.90. Trading volume was a total of 107.70K shares. On March 26, 2024, AVK opened at $11.93, traded as high as $11.93 and as low as $11.80, and closed at $11.86. Trading volume was a total of 145.50K shares. On March 27, 2024, AVK opened at $11.89, traded as high as $11.89 and as low as $11.75, and closed at $11.87. Trading volume was a total of 142.50K shares.
AVK Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Advent Claymore Convertible Securities and Income Fund shares, starting with a $10,000 purchase of AVK, 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: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$18.58 |
|
End price/share: |
$11.87 |
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Starting shares: |
538.21 |
|
Ending shares: |
1,438.36 |
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Dividends reinvested/share: |
$14.55 |
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Total return: |
70.73% |
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Average Annual Total Return: |
5.50% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,078.94 |
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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: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$18.58 |
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End price/share: |
$11.87 |
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Dividends collected/share: |
$14.55 |
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Total return: |
42.20% |
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Average Annual Total Return: |
3.58% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,214.03 |
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Years: |
10.00 |
|
|
|
Date |
Close |
03/21/2024 | $11.94 | 03/22/2024 | $11.93 | 03/25/2024 | $11.90 | 03/26/2024 | $11.86 | 03/27/2024 | $11.87 |
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