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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/18/2024 |
$10.96 |
$10.96 |
$10.94 |
$10.95 |
6.30K | 04/19/2024 |
$10.96 |
$11.03 |
$10.95 |
$11.03 |
16.20K | 04/22/2024 |
$10.92 |
$10.98 |
$10.91 |
$10.98 |
26.10K | 04/23/2024 |
$10.98 |
$11.08 |
$10.98 |
$11.02 |
27.90K | 04/24/2024 |
$11.05 |
$11.06 |
$11.01 |
$11.05 |
30.10K |
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Federated Hermes Premier Municipal Income Fund is a closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income tax, including the federal alternative minimum tax. | |
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Federated Premier Municipal Income Fund (FMN) has the following price history information. Looking back at FMN historical stock prices for the last five trading days, on April 18, 2024, FMN opened at $10.96, traded as high as $10.96 and as low as $10.94, and closed at $10.95. Trading volume was a total of 6.30K shares. On April 19, 2024, FMN opened at $10.96, traded as high as $11.03 and as low as $10.95, and closed at $11.03. Trading volume was a total of 16.20K shares. On April 22, 2024, FMN opened at $10.92, traded as high as $10.98 and as low as $10.91, and closed at $10.98. Trading volume was a total of 26.10K shares. On April 23, 2024, FMN opened at $10.98, traded as high as $11.08 and as low as $10.98, and closed at $11.02. Trading volume was a total of 27.90K shares. On April 24, 2024, FMN opened at $11.05, traded as high as $11.06 and as low as $11.01, and closed at $11.05. Trading volume was a total of 30.10K shares.
FMN Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Federated Premier Municipal Income Fund shares, starting with a $10,000 purchase of FMN, 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: |
$14.70 |
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End price/share: |
$11.05 |
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Starting shares: |
680.27 |
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Ending shares: |
1,116.12 |
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Dividends reinvested/share: |
$6.78 |
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Total return: |
23.33% |
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Average Annual Total Return: |
2.12% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,333.41 |
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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: |
$14.70 |
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End price/share: |
$11.05 |
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Dividends collected/share: |
$6.78 |
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Total return: |
21.27% |
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Average Annual Total Return: |
1.95% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,129.68 |
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Years: |
10.00 |
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Date |
Close |
04/18/2024 | $10.95 | 04/19/2024 | $11.03 | 04/22/2024 | $10.98 | 04/23/2024 | $11.02 | 04/24/2024 | $11.05 |
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