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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/18/2024 |
$12.89 |
$12.94 |
$12.88 |
$12.91 |
72.40K | 04/19/2024 |
$12.95 |
$13.04 |
$12.94 |
$13.00 |
106.80K | 04/22/2024 |
$13.06 |
$13.16 |
$13.03 |
$13.10 |
101.70K | 04/23/2024 |
$13.11 |
$13.21 |
$13.11 |
$13.19 |
86.20K | 04/24/2024 |
$13.20 |
$13.20 |
$13.12 |
$13.13 |
142.90K |
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BlackRock Floating Rate Income Strategies Fund is registered as a diversified, closed-end management investment company. The Fund's investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting primarily of floating rate debt securities and instruments. | |
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BlackRock Floating Rate Income Strategies Fund (FRA) has the following price history information. Looking back at FRA historical stock prices for the last five trading days, on April 18, 2024, FRA opened at $12.89, traded as high as $12.94 and as low as $12.88, and closed at $12.91. Trading volume was a total of 72.40K shares. On April 19, 2024, FRA opened at $12.95, traded as high as $13.04 and as low as $12.94, and closed at $13.00. Trading volume was a total of 106.80K shares. On April 22, 2024, FRA opened at $13.06, traded as high as $13.16 and as low as $13.03, and closed at $13.10. Trading volume was a total of 101.70K shares. On April 23, 2024, FRA opened at $13.11, traded as high as $13.21 and as low as $13.11, and closed at $13.19. Trading volume was a total of 86.20K shares. On April 24, 2024, FRA opened at $13.20, traded as high as $13.20 and as low as $13.12, and closed at $13.13. Trading volume was a total of 142.90K shares.
FRA Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into BlackRock Floating Rate Income Strategies Fund shares, starting with a $10,000 purchase of FRA, 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: |
$14.54 |
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End price/share: |
$13.13 |
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Starting shares: |
687.76 |
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Ending shares: |
1,375.99 |
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Dividends reinvested/share: |
$8.91 |
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Total return: |
80.67% |
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Average Annual Total Return: |
6.09% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$18,058.19 |
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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: |
$14.54 |
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End price/share: |
$13.13 |
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Dividends collected/share: |
$8.91 |
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Total return: |
51.60% |
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Average Annual Total Return: |
4.25% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,160.42 |
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Years: |
10.00 |
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Date |
Close |
04/18/2024 | $12.91 | 04/19/2024 | $13.00 | 04/22/2024 | $13.10 | 04/23/2024 | $13.19 | 04/24/2024 | $13.13 |
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