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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
12/10/2018 |
$15.01 |
$15.01 |
$15.01 |
$15.01 |
0 | 12/11/2018 |
$15.03 |
$15.07 |
$15.03 |
$15.06 |
23.50K | 12/12/2018 |
$14.61 |
$14.64 |
$14.46 |
$14.48 |
112.40K | 12/13/2018 |
$14.49 |
$14.49 |
$14.43 |
$14.45 |
18.60K | 12/14/2018 |
$14.45 |
$14.46 |
$14.44 |
$14.46 |
16.10K |
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BlackRock California Municipal 2018 Term Trust is a non-diversified, closed-end management investment company. The Trust's investment objectives seek to provide current income exempt from regular federal and California income taxes and to return $15 per common share to holders of common shares on or about Dec. 31, 2018. The Trust seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its total assets in municipal bonds that at the time of investment are judged by the investment adviser to be of investment grade quality. As of Dec 31 2016, the Trust's total assets were $96,249,905 and investment portfolio totaled $95,253,820. | |
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BlackRock California Municipal 2018 Term Trust (BJZ) has the following price history information. Looking back at BJZ historical stock prices for the last five trading days, on December 10, 2018, BJZ opened at $15.01, traded as high as $15.01 and as low as $15.01, and closed at $15.01. Trading volume was a total of 0 shares. On December 11, 2018, BJZ opened at $15.03, traded as high as $15.07 and as low as $15.03, and closed at $15.06. Trading volume was a total of 23.50K shares. On December 12, 2018, BJZ opened at $14.61, traded as high as $14.64 and as low as $14.46, and closed at $14.48. Trading volume was a total of 112.40K shares. On December 13, 2018, BJZ opened at $14.49, traded as high as $14.49 and as low as $14.43, and closed at $14.45. Trading volume was a total of 18.60K shares. On December 14, 2018, BJZ opened at $14.45, traded as high as $14.46 and as low as $14.44, and closed at $14.46. Trading volume was a total of 16.10K shares.
BJZ Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into BlackRock California Municipal 2018 Term Trust shares, starting with a $10,000 purchase of BJZ, 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: |
04/01/2014 |
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End date: |
12/14/2018 |
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Start price/share: |
$15.90 |
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End price/share: |
$14.46 |
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Starting shares: |
628.93 |
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Ending shares: |
717.44 |
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Dividends reinvested/share: |
$1.98 |
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Total return: |
3.74% |
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Average Annual Total Return: |
0.78% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,372.48 |
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Years: |
4.71 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
12/14/2018 |
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Start price/share: |
$15.90 |
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End price/share: |
$14.46 |
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Dividends collected/share: |
$1.98 |
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Total return: |
3.42% |
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Average Annual Total Return: |
0.72% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,343.45 |
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Years: |
4.71 |
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Date |
Close |
12/10/2018 | $15.01 | 12/11/2018 | $15.06 | 12/12/2018 | $14.48 | 12/13/2018 | $14.45 | 12/14/2018 | $14.46 |
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