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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/22/2024 |
$11.35 |
$11.44 |
$11.34 |
$11.41 |
92.00K | 04/23/2024 |
$11.47 |
$11.63 |
$11.44 |
$11.62 |
98.10K | 04/24/2024 |
$11.65 |
$11.67 |
$11.51 |
$11.57 |
98.10K | 04/25/2024 |
$11.50 |
$11.57 |
$11.44 |
$11.54 |
140.20K | 04/26/2024 |
$11.59 |
$11.59 |
$11.55 |
$11.59 |
47.80K |
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First Trust High Income Long/Short Fund is registered as a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income. The Fund's secondary objective is capital appreciation. The Fund invests in, under normal market conditions, a majority of its assets in a portfolio of United States and foreign (including emerging markets) high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade at the time of purchase. | |
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First Trust High Income Long/Short Fund (FSD) has the following price history information. Looking back at FSD historical stock prices for the last five trading days, on April 22, 2024, FSD opened at $11.35, traded as high as $11.44 and as low as $11.34, and closed at $11.41. Trading volume was a total of 92.00K shares. On April 23, 2024, FSD opened at $11.47, traded as high as $11.63 and as low as $11.44, and closed at $11.62. Trading volume was a total of 98.10K shares. On April 24, 2024, FSD opened at $11.65, traded as high as $11.67 and as low as $11.51, and closed at $11.57. Trading volume was a total of 98.10K shares. On April 25, 2024, FSD opened at $11.50, traded as high as $11.57 and as low as $11.44, and closed at $11.54. Trading volume was a total of 140.20K shares. On April 26, 2024, FSD opened at $11.59, traded as high as $11.59 and as low as $11.55, and closed at $11.59. Trading volume was a total of 47.80K shares.
FSD Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into First Trust High Income Long/Short Fund shares, starting with a $10,000 purchase of FSD, 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: |
04/26/2024 |
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Start price/share: |
$18.00 |
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End price/share: |
$11.59 |
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Starting shares: |
555.56 |
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Ending shares: |
1,353.74 |
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Dividends reinvested/share: |
$12.80 |
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Total return: |
56.90% |
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Average Annual Total Return: |
4.61% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,693.94 |
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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: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$18.00 |
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End price/share: |
$11.59 |
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Dividends collected/share: |
$12.80 |
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Total return: |
35.51% |
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Average Annual Total Return: |
3.09% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,557.06 |
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Years: |
10.00 |
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Date |
Close |
04/22/2024 | $11.41 | 04/23/2024 | $11.62 | 04/24/2024 | $11.57 | 04/25/2024 | $11.54 | 04/26/2024 | $11.59 |
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