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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/17/2024 |
$7.36 |
$7.37 |
$7.35 |
$7.37 |
7.40K | 04/18/2024 |
$7.35 |
$7.37 |
$7.35 |
$7.35 |
8.70K | 04/19/2024 |
$7.40 |
$7.40 |
$7.35 |
$7.35 |
9.40K | 04/22/2024 |
$7.35 |
$7.35 |
$7.33 |
$7.34 |
14.10K | 04/23/2024 |
$7.32 |
$7.38 |
$7.32 |
$7.38 |
8.00K |
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MFS Investment Grade Municipal Trust is a closed-end fund. 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 borrowing for investment purposes, in tax-exempt bonds and tax-exempt notes. | |
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MFS Investment Grade Municipal Fund (CXH) has the following price history information. Looking back at CXH historical stock prices for the last five trading days, on April 17, 2024, CXH opened at $7.36, traded as high as $7.37 and as low as $7.35, and closed at $7.37. Trading volume was a total of 7.40K shares. On April 18, 2024, CXH opened at $7.35, traded as high as $7.37 and as low as $7.35, and closed at $7.35. Trading volume was a total of 8.70K shares. On April 19, 2024, CXH opened at $7.40, traded as high as $7.40 and as low as $7.35, and closed at $7.35. Trading volume was a total of 9.40K shares. On April 22, 2024, CXH opened at $7.35, traded as high as $7.35 and as low as $7.33, and closed at $7.34. Trading volume was a total of 14.10K shares. On April 23, 2024, CXH opened at $7.32, traded as high as $7.38 and as low as $7.32, and closed at $7.38. Trading volume was a total of 8.00K shares.
CXH Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into MFS Investment Grade Municipal Fund shares, starting with a $10,000 purchase of CXH, 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: |
04/25/2014 |
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End date: |
04/23/2024 |
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Start price/share: |
$9.17 |
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End price/share: |
$7.38 |
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Starting shares: |
1,090.51 |
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Ending shares: |
1,760.60 |
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Dividends reinvested/share: |
$4.42 |
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Total return: |
29.93% |
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Average Annual Total Return: |
2.65% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,990.34 |
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Years: |
10.00 |
|
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/25/2014 |
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End date: |
04/23/2024 |
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Start price/share: |
$9.17 |
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End price/share: |
$7.38 |
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Dividends collected/share: |
$4.42 |
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Total return: |
28.72% |
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Average Annual Total Return: |
2.56% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,876.87 |
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Years: |
10.00 |
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Date |
Close |
04/17/2024 | $7.37 | 04/18/2024 | $7.35 | 04/19/2024 | $7.35 | 04/22/2024 | $7.34 | 04/23/2024 | $7.38 |
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