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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
09/25/2023 |
$17.17 |
$17.20 |
$17.00 |
$17.10 |
34.00K | 09/26/2023 |
$17.03 |
$17.14 |
$16.91 |
$16.95 |
74.00K | 09/27/2023 |
$16.95 |
$17.09 |
$16.95 |
$17.04 |
47.00K | 09/28/2023 |
$16.99 |
$17.09 |
$16.98 |
$17.05 |
44.70K | 09/29/2023 |
$17.07 |
$17.29 |
$17.07 |
$17.17 |
20.60K |
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Nuveen Preferred & Income Term is a diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of current income and total return by investing at least 80% of its managed assets in preferred and other securities. | |
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Nuveen Preferred and Income Term Fund (JPI) has the following price history information. Looking back at JPI historical stock prices for the last five trading days, on September 25, 2023, JPI opened at $17.17, traded as high as $17.20 and as low as $17.00, and closed at $17.10. Trading volume was a total of 34.00K shares. On September 26, 2023, JPI opened at $17.03, traded as high as $17.14 and as low as $16.91, and closed at $16.95. Trading volume was a total of 74.00K shares. On September 27, 2023, JPI opened at $16.95, traded as high as $17.09 and as low as $16.95, and closed at $17.04. Trading volume was a total of 47.00K shares. On September 28, 2023, JPI opened at $16.99, traded as high as $17.09 and as low as $16.98, and closed at $17.05. Trading volume was a total of 44.70K shares. On September 29, 2023, JPI opened at $17.07, traded as high as $17.29 and as low as $17.07, and closed at $17.17. Trading volume was a total of 20.60K shares.
JPI Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Nuveen Preferred and Income Term Fund shares, starting with a $10,000 purchase of JPI, 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: |
10/02/2013 |
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End date: |
09/29/2023 |
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Start price/share: |
$22.59 |
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End price/share: |
$17.17 |
|
Starting shares: |
442.67 |
|
Ending shares: |
964.61 |
|
Dividends reinvested/share: |
$17.69 |
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Total return: |
65.62% |
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Average Annual Total Return: |
5.18% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$16,568.06 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
10/02/2013 |
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End date: |
09/29/2023 |
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Start price/share: |
$22.59 |
|
End price/share: |
$17.17 |
|
Dividends collected/share: |
$17.69 |
|
Total return: |
54.34% |
|
Average Annual Total Return: |
4.44% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$15,438.92 |
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Years: |
10.00 |
|
|
 |
Date |
Close |
09/25/2023 | $17.10 | 09/26/2023 | $16.95 | 09/27/2023 | $17.04 | 09/28/2023 | $17.05 | 09/29/2023 | $17.17 |
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