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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/01/2021 |
$14.82 |
$14.82 |
$14.65 |
$14.70 |
26.40K | 03/02/2021 |
$14.64 |
$14.64 |
$14.53 |
$14.55 |
19.00K | 03/03/2021 |
$14.50 |
$14.51 |
$14.42 |
$14.42 |
19.90K | 03/04/2021 |
$14.43 |
$14.47 |
$14.17 |
$14.17 |
63.10K | 03/05/2021 |
$14.19 |
$14.43 |
$14.10 |
$14.10 |
77.40K |
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BlackRock Municipal Income Investment Quality Trust is a closed-end investment management company. The Trust's investment objective is to provide current income exempt from U.S. federal income tax, including the alternative minimum tax and Florida intangible property tax. The Trust seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its managed assets in municipal bonds exempt from United States federal income taxes, including the alternative minimum tax. | |
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BlackRock Municipal Income Investment Quality Trust (BAF) has the following price history information. Looking back at BAF historical stock prices for the last five trading days, on March 01, 2021, BAF opened at $14.82, traded as high as $14.82 and as low as $14.65, and closed at $14.70. Trading volume was a total of 26.40K shares. On March 02, 2021, BAF opened at $14.64, traded as high as $14.64 and as low as $14.53, and closed at $14.55. Trading volume was a total of 19.00K shares. On March 03, 2021, BAF opened at $14.50, traded as high as $14.51 and as low as $14.42, and closed at $14.42. Trading volume was a total of 19.90K shares. On March 04, 2021, BAF opened at $14.43, traded as high as $14.47 and as low as $14.17, and closed at $14.17. Trading volume was a total of 63.10K shares. On March 05, 2021, BAF opened at $14.19, traded as high as $14.43 and as low as $14.10, and closed at $14.10. Trading volume was a total of 77.40K shares.
BAF Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into BlackRock Municipal Income Investment Quality Trust shares, starting with a $10,000 purchase of BAF, 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: |
04/22/2014 |
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End date: |
03/05/2021 |
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Start price/share: |
$13.86 |
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End price/share: |
$14.10 |
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Starting shares: |
721.50 |
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Ending shares: |
1,047.57 |
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Dividends reinvested/share: |
$5.37 |
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Total return: |
47.71% |
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Average Annual Total Return: |
5.84% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,772.10 |
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Years: |
6.87 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
03/05/2021 |
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Start price/share: |
$13.86 |
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End price/share: |
$14.10 |
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Dividends collected/share: |
$5.37 |
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Total return: |
40.48% |
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Average Annual Total Return: |
5.07% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,048.96 |
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Years: |
6.87 |
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Date |
Close |
03/01/2021 | $14.70 | 03/02/2021 | $14.55 | 03/03/2021 | $14.42 | 03/04/2021 | $14.17 | 03/05/2021 | $14.10 |
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