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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
03/17/2023 |
$14.24 |
$14.40 |
$14.24 |
$14.25 |
69.20K | 03/20/2023 |
$14.24 |
$14.28 |
$14.15 |
$14.17 |
109.50K | 03/21/2023 |
$14.28 |
$14.31 |
$14.15 |
$14.18 |
66.50K | 03/22/2023 |
$14.14 |
$14.30 |
$14.14 |
$14.17 |
96.40K | 03/23/2023 |
$14.24 |
$14.30 |
$14.17 |
$14.19 |
64.10K |
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Blackrock Multi-Sector Income Trust is a closed-end management investment company. The Trust's primary investment objective is to seek high current income, with a secondary objective of capital appreciation. The Trust seeks to attain its investment objectives by investing, under normal market conditions, at least 80% of its assets in loan and debt instruments and other investments with similar economic characteristics. The Trust may invest directly in such securities or synthetically through the use of derivatives. As part of the Trust's investments in loans, the Trust may make loans directly to borrowers either as a sole lender or by acting as a member of a syndicate of original lenders. | |
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BlackRock Multi-Sector Income Trust (BIT) has the following price history information. Looking back at BIT historical stock prices for the last five trading days, on March 17, 2023, BIT opened at $14.24, traded as high as $14.40 and as low as $14.24, and closed at $14.25. Trading volume was a total of 69.20K shares. On March 20, 2023, BIT opened at $14.24, traded as high as $14.28 and as low as $14.15, and closed at $14.17. Trading volume was a total of 109.50K shares. On March 21, 2023, BIT opened at $14.28, traded as high as $14.31 and as low as $14.15, and closed at $14.18. Trading volume was a total of 66.50K shares. On March 22, 2023, BIT opened at $14.14, traded as high as $14.30 and as low as $14.14, and closed at $14.17. Trading volume was a total of 96.40K shares. On March 23, 2023, BIT opened at $14.24, traded as high as $14.30 and as low as $14.17, and closed at $14.19. Trading volume was a total of 64.10K shares.
BIT Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into BlackRock Multi-Sector Income Trust shares, starting with a $10,000 purchase of BIT, 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: |
03/26/2013 |
|
End date: |
03/23/2023 |
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Start price/share: |
$20.00 |
|
End price/share: |
$14.19 |
|
Starting shares: |
500.00 |
|
Ending shares: |
1,227.37 |
|
Dividends reinvested/share: |
$15.04 |
|
Total return: |
74.16% |
|
Average Annual Total Return: |
5.71% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$17,421.87 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
03/26/2013 |
|
End date: |
03/23/2023 |
|
Start price/share: |
$20.00 |
|
End price/share: |
$14.19 |
|
Dividends collected/share: |
$15.04 |
|
Total return: |
46.14% |
|
Average Annual Total Return: |
3.87% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$14,616.93 |
|
Years: |
10.00 |
|
|
 |
Date |
Close |
03/17/2023 | $14.25 | 03/20/2023 | $14.17 | 03/21/2023 | $14.18 | 03/22/2023 | $14.17 | 03/23/2023 | $14.19 |
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