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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/29/2024 |
$8.98 |
$8.99 |
$8.87 |
$8.89 |
52.90K | 04/30/2024 |
$8.88 |
$8.92 |
$8.86 |
$8.89 |
37.80K | 05/01/2024 |
$8.87 |
$8.91 |
$8.87 |
$8.90 |
7.50K | 05/02/2024 |
$8.89 |
$8.93 |
$8.89 |
$8.91 |
13.20K | 05/03/2024 |
$8.93 |
$8.93 |
$8.89 |
$8.91 |
13.90K |
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Virtus Convertible & Income 2024 Target Term is a diversified, closed-end management investment company. The Fund's investment objectives are to provide a high level of income and to return at least $9.835 per common share (the original net asset value per common share of beneficial interest before deducting offering costs of $0.02 per share) to holders of common shares on or about Sept. 1, 2024. The Fund attempts to achieve its investment objectives by investing in a portfolio of high yield securities, convertible securities and other debt instruments, including senior secured loans, primarily of United States issuers. | |
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Virtus Convertible & Income 2024 Target Term Fund (CBH) has the following price history information. Looking back at CBH historical stock prices for the last five trading days, on April 29, 2024, CBH opened at $8.98, traded as high as $8.99 and as low as $8.87, and closed at $8.89. Trading volume was a total of 52.90K shares. On April 30, 2024, CBH opened at $8.88, traded as high as $8.92 and as low as $8.86, and closed at $8.89. Trading volume was a total of 37.80K shares. On May 01, 2024, CBH opened at $8.87, traded as high as $8.91 and as low as $8.87, and closed at $8.90. Trading volume was a total of 7.50K shares. On May 02, 2024, CBH opened at $8.89, traded as high as $8.93 and as low as $8.89, and closed at $8.91. Trading volume was a total of 13.20K shares. On May 03, 2024, CBH opened at $8.93, traded as high as $8.93 and as low as $8.89, and closed at $8.91. Trading volume was a total of 13.90K shares.
CBH Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Virtus Convertible & Income 2024 Target Term Fund shares, starting with a $10,000 purchase of CBH, 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: |
06/29/2017 |
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End date: |
05/03/2024 |
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Start price/share: |
$10.00 |
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End price/share: |
$8.91 |
|
Starting shares: |
1,000.00 |
|
Ending shares: |
1,556.53 |
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Dividends reinvested/share: |
$4.11 |
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Total return: |
38.69% |
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Average Annual Total Return: |
4.89% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,868.01 |
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Years: |
6.85 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
06/29/2017 |
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End date: |
05/03/2024 |
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Start price/share: |
$10.00 |
|
End price/share: |
$8.91 |
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Dividends collected/share: |
$4.11 |
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Total return: |
30.25% |
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Average Annual Total Return: |
3.93% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$13,021.59 |
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Years: |
6.85 |
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|
Date |
Close |
04/29/2024 | $8.89 | 04/30/2024 | $8.89 | 05/01/2024 | $8.90 | 05/02/2024 | $8.91 | 05/03/2024 | $8.91 |
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