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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
| Date |
Open |
High |
Low |
Close |
Volume |
| 09/21/2020 |
$8.61 |
$8.61 |
$8.53 |
$8.60 |
24.60K | | 09/22/2020 |
$8.56 |
$8.73 |
$8.53 |
$8.54 |
20.90K | | 09/23/2020 |
$8.52 |
$8.61 |
$8.18 |
$8.18 |
33.80K | | 09/24/2020 |
$8.24 |
$8.24 |
$7.84 |
$7.95 |
87.60K | | 09/25/2020 |
$7.85 |
$8.33 |
$7.76 |
$8.09 |
93.00K |
 |
| Goldman Sachs MLP Income Opportunity Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current distributions to shareholders. The Fund seeks to achieve its investment objective by investing primarily in master limited partnerships. | |
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GMZ (GMZ) has the following price history information. Looking back at GMZ historical stock prices for the last five trading days, on September 21, 2020, GMZ opened at $8.61, traded as high as $8.61 and as low as $8.53, and closed at $8.60. Trading volume was a total of 24.60K shares. On September 22, 2020, GMZ opened at $8.56, traded as high as $8.73 and as low as $8.53, and closed at $8.54. Trading volume was a total of 20.90K shares. On September 23, 2020, GMZ opened at $8.52, traded as high as $8.61 and as low as $8.18, and closed at $8.18. Trading volume was a total of 33.80K shares. On September 24, 2020, GMZ opened at $8.24, traded as high as $8.24 and as low as $7.84, and closed at $7.95. Trading volume was a total of 87.60K shares. On September 25, 2020, GMZ opened at $7.85, traded as high as $8.33 and as low as $7.76, and closed at $8.09. Trading volume was a total of 93.00K shares.
GMZ Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into GMZ shares, starting with a $10,000 purchase of GMZ, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
06/16/2016 |
|
| End date: |
09/25/2020 |
|
| Start price/share: |
$62.79 |
|
| End price/share: |
$8.09 |
|
| Starting shares: |
159.26 |
|
| Ending shares: |
242.25 |
|
| Dividends reinvested/share: |
$22.46 |
|
| Total return: |
-80.40% |
|
| Average Annual Total Return: |
-31.67% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$1,959.87 |
|
| Years: |
4.28 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
06/16/2016 |
|
| End date: |
09/25/2020 |
|
| Start price/share: |
$62.79 |
|
| End price/share: |
$8.09 |
|
| Dividends collected/share: |
$22.46 |
|
| Total return: |
-51.35% |
|
| Average Annual Total Return: |
-15.49% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$4,866.39 |
|
| Years: |
4.28 |
|
|
 |
| Date |
Close |
| 09/21/2020 | $8.60 | | 09/22/2020 | $8.54 | | 09/23/2020 | $8.18 | | 09/24/2020 | $7.95 | | 09/25/2020 | $8.09 |
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