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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/22/2024 |
$15.36 |
$15.37 |
$15.28 |
$15.30 |
35.70K | 03/25/2024 |
$15.36 |
$15.40 |
$15.24 |
$15.24 |
76.30K | 03/26/2024 |
$15.32 |
$15.40 |
$15.26 |
$15.36 |
50.90K | 03/27/2024 |
$15.40 |
$15.44 |
$15.12 |
$15.27 |
104.50K | 03/28/2024 |
$15.25 |
$15.54 |
$15.24 |
$15.43 |
136.30K |
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John Hancock Preferred Income Fund III 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. | |
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John Hancock Preferred Income Fund III (HPS) has the following price history information. Looking back at HPS historical stock prices for the last five trading days, on March 22, 2024, HPS opened at $15.36, traded as high as $15.37 and as low as $15.28, and closed at $15.30. Trading volume was a total of 35.70K shares. On March 25, 2024, HPS opened at $15.36, traded as high as $15.40 and as low as $15.24, and closed at $15.24. Trading volume was a total of 76.30K shares. On March 26, 2024, HPS opened at $15.32, traded as high as $15.40 and as low as $15.26, and closed at $15.36. Trading volume was a total of 50.90K shares. On March 27, 2024, HPS opened at $15.40, traded as high as $15.44 and as low as $15.12, and closed at $15.27. Trading volume was a total of 104.50K shares. On March 28, 2024, HPS opened at $15.25, traded as high as $15.54 and as low as $15.24, and closed at $15.43. Trading volume was a total of 136.30K shares.
HPS 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 III shares, starting with a $10,000 purchase of HPS, 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: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$17.33 |
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End price/share: |
$15.43 |
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Starting shares: |
577.03 |
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Ending shares: |
1,294.51 |
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Dividends reinvested/share: |
$13.99 |
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Total return: |
99.74% |
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Average Annual Total Return: |
7.17% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$19,982.50 |
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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: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$17.33 |
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End price/share: |
$15.43 |
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Dividends collected/share: |
$13.99 |
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Total return: |
69.77% |
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Average Annual Total Return: |
5.44% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$16,982.08 |
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Years: |
10.00 |
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Date |
Close |
03/22/2024 | $15.30 | 03/25/2024 | $15.24 | 03/26/2024 | $15.36 | 03/27/2024 | $15.27 | 03/28/2024 | $15.43 |
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