|
Video: Compound Annual Growth Rate (CAGR) Definition
|
|
Date |
Open |
High |
Low |
Close |
Volume |
04/16/2024 |
$15.40 |
$15.79 |
$15.26 |
$15.73 |
65.40K | 04/17/2024 |
$15.89 |
$15.89 |
$15.66 |
$15.79 |
68.40K | 04/18/2024 |
$15.85 |
$15.85 |
$15.62 |
$15.71 |
57.90K | 04/19/2024 |
$15.65 |
$15.88 |
$15.60 |
$15.68 |
55.00K | 04/22/2024 |
$15.71 |
$15.89 |
$15.70 |
$15.89 |
21.50K |
|
John Hancock Preferred Income Fund is a closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income consistent with preservation of capital. The Fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. The Fund seeks to attain its investment objectives by investing in securities that, in the opinion of the Fund's Investment Adviser, John Hancock Investment Management LLC, may be undervalued relative to similar securities in the marketplace. | |
|
John Hancock Preferred Income Fund (HPI) has the following price history information. Looking back at HPI historical stock prices for the last five trading days, on April 16, 2024, HPI opened at $15.40, traded as high as $15.79 and as low as $15.26, and closed at $15.73. Trading volume was a total of 65.40K shares. On April 17, 2024, HPI opened at $15.89, traded as high as $15.89 and as low as $15.66, and closed at $15.79. Trading volume was a total of 68.40K shares. On April 18, 2024, HPI opened at $15.85, traded as high as $15.85 and as low as $15.62, and closed at $15.71. Trading volume was a total of 57.90K shares. On April 19, 2024, HPI opened at $15.65, traded as high as $15.88 and as low as $15.60, and closed at $15.68. Trading volume was a total of 55.00K shares. On April 22, 2024, HPI opened at $15.71, traded as high as $15.89 and as low as $15.70, and closed at $15.89. Trading volume was a total of 21.50K shares.
HPI Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into John Hancock Preferred Income Fund shares, starting with a $10,000 purchase of HPI, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
04/24/2014 |
|
End date: |
04/22/2024 |
|
Start price/share: |
$20.06 |
|
End price/share: |
$15.89 |
|
Starting shares: |
498.50 |
|
Ending shares: |
1,114.91 |
|
Dividends reinvested/share: |
$15.92 |
|
Total return: |
77.16% |
|
Average Annual Total Return: |
5.88% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$17,709.54 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
04/24/2014 |
|
End date: |
04/22/2024 |
|
Start price/share: |
$20.06 |
|
End price/share: |
$15.89 |
|
Dividends collected/share: |
$15.92 |
|
Total return: |
58.57% |
|
Average Annual Total Return: |
4.72% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$15,861.75 |
|
Years: |
10.00 |
|
|
|
Date |
Close |
04/16/2024 | $15.73 | 04/17/2024 | $15.79 | 04/18/2024 | $15.71 | 04/19/2024 | $15.68 | 04/22/2024 | $15.89 |
|
|