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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/17/2024 |
$11.34 |
$11.50 |
$11.34 |
$11.46 |
113.70K | 04/18/2024 |
$11.43 |
$11.50 |
$11.41 |
$11.42 |
99.30K | 04/19/2024 |
$11.37 |
$11.47 |
$11.34 |
$11.35 |
84.50K | 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 |
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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 17, 2024, FSD opened at $11.34, traded as high as $11.50 and as low as $11.34, and closed at $11.46. Trading volume was a total of 113.70K shares. On April 18, 2024, FSD opened at $11.43, traded as high as $11.50 and as low as $11.41, and closed at $11.42. Trading volume was a total of 99.30K shares. On April 19, 2024, FSD opened at $11.37, traded as high as $11.47 and as low as $11.34, and closed at $11.35. Trading volume was a total of 84.50K shares. 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.
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: |
04/25/2014 |
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End date: |
04/23/2024 |
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Start price/share: |
$17.94 |
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End price/share: |
$11.62 |
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Starting shares: |
557.41 |
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Ending shares: |
1,358.26 |
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Dividends reinvested/share: |
$12.80 |
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Total return: |
57.83% |
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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: |
$15,786.16 |
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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: |
04/25/2014 |
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End date: |
04/23/2024 |
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Start price/share: |
$17.94 |
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End price/share: |
$11.62 |
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Dividends collected/share: |
$12.80 |
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Total return: |
36.13% |
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Average Annual Total Return: |
3.13% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,610.90 |
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Years: |
10.00 |
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Date |
Close |
04/17/2024 | $11.46 | 04/18/2024 | $11.42 | 04/19/2024 | $11.35 | 04/22/2024 | $11.41 | 04/23/2024 | $11.62 |
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