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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/22/2024 |
$18.00 |
$18.09 |
$17.98 |
$18.01 |
142.30K | 03/25/2024 |
$18.05 |
$18.07 |
$17.82 |
$17.83 |
169.70K | 03/26/2024 |
$17.89 |
$17.95 |
$17.76 |
$17.78 |
206.10K | 03/27/2024 |
$17.79 |
$17.89 |
$17.76 |
$17.87 |
157.50K | 03/28/2024 |
$17.92 |
$18.01 |
$17.88 |
$17.92 |
190.50K |
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First Trust Intermediate Duration Preferred & Income Fund is a non-diversified, closed-end management investment company. The primary investment objective is to seek a high level of current income. The Fund has a secondary objective of capital appreciation. The Fund seeks to achieve its objectives by investing, under normal market conditions, at least 80% of its managed assets in preferred securities and other income producing securities issued by United States and non-United States companies. | |
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First Trust Intermediate Duration Preferred & Inco (FPF) has the following price history information. Looking back at FPF historical stock prices for the last five trading days, on March 22, 2024, FPF opened at $18.00, traded as high as $18.09 and as low as $17.98, and closed at $18.01. Trading volume was a total of 142.30K shares. On March 25, 2024, FPF opened at $18.05, traded as high as $18.07 and as low as $17.82, and closed at $17.83. Trading volume was a total of 169.70K shares. On March 26, 2024, FPF opened at $17.89, traded as high as $17.95 and as low as $17.76, and closed at $17.78. Trading volume was a total of 206.10K shares. On March 27, 2024, FPF opened at $17.79, traded as high as $17.89 and as low as $17.76, and closed at $17.87. Trading volume was a total of 157.50K shares. On March 28, 2024, FPF opened at $17.92, traded as high as $18.01 and as low as $17.88, and closed at $17.92. Trading volume was a total of 190.50K shares.
FPF Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into First Trust Intermediate Duration Preferred & Inco shares, starting with a $10,000 purchase of FPF, 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: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$22.11 |
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End price/share: |
$17.92 |
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Starting shares: |
452.28 |
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Ending shares: |
995.85 |
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Dividends reinvested/share: |
$16.98 |
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Total return: |
78.46% |
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Average Annual Total Return: |
5.96% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,838.18 |
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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: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$22.11 |
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End price/share: |
$17.92 |
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Dividends collected/share: |
$16.98 |
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Total return: |
57.82% |
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Average Annual Total Return: |
4.67% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,782.21 |
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Years: |
10.00 |
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Date |
Close |
03/22/2024 | $18.01 | 03/25/2024 | $17.83 | 03/26/2024 | $17.78 | 03/27/2024 | $17.87 | 03/28/2024 | $17.92 |
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