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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
06/01/2023 |
$3.46 |
$3.52 |
$3.46 |
$3.49 |
49.50K | 06/02/2023 |
$3.49 |
$3.51 |
$3.44 |
$3.46 |
49.70K | 06/05/2023 |
$3.44 |
$3.48 |
$3.44 |
$3.47 |
66.40K | 06/06/2023 |
$3.46 |
$3.49 |
$3.45 |
$3.46 |
71.40K | 06/07/2023 |
$3.48 |
$3.53 |
$3.47 |
$3.53 |
63.60K |
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MFS High Income Municipal Trust is a diversified closed-end management investment company. The Fund's investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The Fund invests, under normal market conditions, at least 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in tax-exempt bonds and tax exempt notes. | |
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MFS High Income Municipal Fund (CXE) has the following price history information. Looking back at CXE historical stock prices for the last five trading days, on June 01, 2023, CXE opened at $3.46, traded as high as $3.52 and as low as $3.46, and closed at $3.49. Trading volume was a total of 49.50K shares. On June 02, 2023, CXE opened at $3.49, traded as high as $3.51 and as low as $3.44, and closed at $3.46. Trading volume was a total of 49.70K shares. On June 05, 2023, CXE opened at $3.44, traded as high as $3.48 and as low as $3.44, and closed at $3.47. Trading volume was a total of 66.40K shares. On June 06, 2023, CXE opened at $3.46, traded as high as $3.49 and as low as $3.45, and closed at $3.46. Trading volume was a total of 71.40K shares. On June 07, 2023, CXE opened at $3.48, traded as high as $3.53 and as low as $3.47, and closed at $3.53. Trading volume was a total of 63.60K shares.
CXE Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into MFS High Income Municipal Fund shares, starting with a $10,000 purchase of CXE, 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: |
06/11/2013 |
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End date: |
06/07/2023 |
|
Start price/share: |
$5.04 |
|
End price/share: |
$3.53 |
|
Starting shares: |
1,984.13 |
|
Ending shares: |
3,492.02 |
|
Dividends reinvested/share: |
$2.72 |
|
Total return: |
23.27% |
|
Average Annual Total Return: |
2.12% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$12,332.70 |
|
Years: |
9.99 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
06/11/2013 |
|
End date: |
06/07/2023 |
|
Start price/share: |
$5.04 |
|
End price/share: |
$3.53 |
|
Dividends collected/share: |
$2.72 |
|
Total return: |
23.96% |
|
Average Annual Total Return: |
2.17% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$12,393.18 |
|
Years: |
9.99 |
|
|
 |
Date |
Close |
06/01/2023 | $3.49 | 06/02/2023 | $3.46 | 06/05/2023 | $3.47 | 06/06/2023 | $3.46 | 06/07/2023 | $3.53 |
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