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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
06/19/2018 |
$11.86 |
$11.86 |
$11.83 |
$11.85 |
66.90K | 06/20/2018 |
$11.86 |
$11.90 |
$11.83 |
$11.84 |
17.60K | 06/21/2018 |
$11.84 |
$11.92 |
$11.84 |
$11.90 |
28.50K | 06/22/2018 |
$11.87 |
$11.93 |
$11.87 |
$11.90 |
19.10K | 06/25/2018 |
$11.90 |
$11.90 |
$11.90 |
$11.90 |
0 |
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First Trust Strategic High Income Fund II (the "Fund") is a newly organized, diversified, closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income. The Fund seeks capital growth as a secondary objective. The Fund seeks to achieve its investment objectives by investing in a diversified portfolio of below-investment grade and investment grade debt securities, and equity securities. As of Oct 31 2017, the Fund's investment portfolio totaled $134,087,542 and assets totaled $142,278,809. | |
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First Trust Strategic High Income Fund II (FHY) has the following price history information. Looking back at FHY historical stock prices for the last five trading days, on June 19, 2018, FHY opened at $11.86, traded as high as $11.86 and as low as $11.83, and closed at $11.85. Trading volume was a total of 66.90K shares. On June 20, 2018, FHY opened at $11.86, traded as high as $11.90 and as low as $11.83, and closed at $11.84. Trading volume was a total of 17.60K shares. On June 21, 2018, FHY opened at $11.84, traded as high as $11.92 and as low as $11.84, and closed at $11.90. Trading volume was a total of 28.50K shares. On June 22, 2018, FHY opened at $11.87, traded as high as $11.93 and as low as $11.87, and closed at $11.90. Trading volume was a total of 19.10K shares. On June 25, 2018, FHY opened at $11.90, traded as high as $11.90 and as low as $11.90, and closed at $11.90. Trading volume was a total of 0 shares.
FHY Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into First Trust Strategic High Income Fund II shares, starting with a $10,000 purchase of FHY, 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: |
04/29/2014 |
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End date: |
06/25/2018 |
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Start price/share: |
$16.08 |
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End price/share: |
$11.90 |
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Starting shares: |
621.89 |
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Ending shares: |
911.46 |
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Dividends reinvested/share: |
$5.00 |
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Total return: |
8.46% |
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Average Annual Total Return: |
1.97% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,845.16 |
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Years: |
4.16 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
06/25/2018 |
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Start price/share: |
$16.08 |
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End price/share: |
$11.90 |
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Dividends collected/share: |
$5.00 |
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Total return: |
5.10% |
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Average Annual Total Return: |
1.20% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,508.61 |
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Years: |
4.16 |
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|
Date |
Close |
06/19/2018 | $11.85 | 06/20/2018 | $11.84 | 06/21/2018 | $11.90 | 06/22/2018 | $11.90 | 06/25/2018 | $11.90 |
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