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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/18/2024 |
$6.24 |
$6.48 |
$6.23 |
$6.35 |
24.10K | 04/19/2024 |
$6.40 |
$6.42 |
$6.35 |
$6.42 |
11.40K | 04/22/2024 |
$6.40 |
$6.45 |
$6.36 |
$6.41 |
15.40K | 04/23/2024 |
$6.39 |
$6.47 |
$6.39 |
$6.41 |
7.30K | 04/24/2024 |
$6.38 |
$6.48 |
$6.28 |
$6.31 |
48.60K |
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First Trust/abrdn Global Opportunity Income Fund is a diversified, closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income. As a secondary objective, the Fund seeks capital appreciation. The Fund pursues these objectives by investing its Managed Assets in the world bond markets through a portfolio of investment grade and below-investment grade government and corporate debt securities. | |
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First Trust/Aberdeen Global Opportunity Income Fund (FAM) has the following price history information. Looking back at FAM historical stock prices for the last five trading days, on April 18, 2024, FAM opened at $6.24, traded as high as $6.48 and as low as $6.23, and closed at $6.35. Trading volume was a total of 24.10K shares. On April 19, 2024, FAM opened at $6.40, traded as high as $6.42 and as low as $6.35, and closed at $6.42. Trading volume was a total of 11.40K shares. On April 22, 2024, FAM opened at $6.40, traded as high as $6.45 and as low as $6.36, and closed at $6.41. Trading volume was a total of 15.40K shares. On April 23, 2024, FAM opened at $6.39, traded as high as $6.47 and as low as $6.39, and closed at $6.41. Trading volume was a total of 7.30K shares. On April 24, 2024, FAM opened at $6.38, traded as high as $6.48 and as low as $6.28, and closed at $6.31. Trading volume was a total of 48.60K shares.
FAM Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into First Trust/Aberdeen Global Opportunity Income Fund shares, starting with a $10,000 purchase of FAM, 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: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$14.30 |
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End price/share: |
$6.31 |
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Starting shares: |
699.30 |
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Ending shares: |
1,775.30 |
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Dividends reinvested/share: |
$9.06 |
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Total return: |
12.02% |
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Average Annual Total Return: |
1.14% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,199.95 |
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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: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$14.30 |
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End price/share: |
$6.31 |
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Dividends collected/share: |
$9.06 |
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Total return: |
7.49% |
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Average Annual Total Return: |
0.73% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,754.24 |
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Years: |
10.00 |
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Date |
Close |
04/18/2024 | $6.35 | 04/19/2024 | $6.42 | 04/22/2024 | $6.41 | 04/23/2024 | $6.41 | 04/24/2024 | $6.31 |
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