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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/18/2024 |
$5.86 |
$5.88 |
$5.84 |
$5.85 |
237.00K | 04/19/2024 |
$5.88 |
$5.89 |
$5.85 |
$5.87 |
110.20K | 04/22/2024 |
$5.86 |
$5.86 |
$5.83 |
$5.84 |
72.20K | 04/23/2024 |
$5.84 |
$5.89 |
$5.84 |
$5.88 |
74.40K | 04/24/2024 |
$5.90 |
$5.91 |
$5.87 |
$5.91 |
194.00K |
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BNY Mellon Strategic Municipals is a diversified closed-end management investment company. The Fund's investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Under normal market conditions, the Fund invests at least 80% of its net assets in municipal obligations. The Fund also invests 50% of its net assets in municipal bonds considered investment grade or the unrated equivalent as determined by the Fund's Adviser, BNY Mellon Investment Adviser, Inc., in the case of bonds, and in the two highest rating categories or the unrated equivalent as determined by the Adviser in the case of short-term obligations. | |
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Dreyfus Strategic Municipals (LEO) has the following price history information. Looking back at LEO historical stock prices for the last five trading days, on April 18, 2024, LEO opened at $5.86, traded as high as $5.88 and as low as $5.84, and closed at $5.85. Trading volume was a total of 237.00K shares. On April 19, 2024, LEO opened at $5.88, traded as high as $5.89 and as low as $5.85, and closed at $5.87. Trading volume was a total of 110.20K shares. On April 22, 2024, LEO opened at $5.86, traded as high as $5.86 and as low as $5.83, and closed at $5.84. Trading volume was a total of 72.20K shares. On April 23, 2024, LEO opened at $5.84, traded as high as $5.89 and as low as $5.84, and closed at $5.88. Trading volume was a total of 74.40K shares. On April 24, 2024, LEO opened at $5.90, traded as high as $5.91 and as low as $5.87, and closed at $5.91. Trading volume was a total of 194.00K shares.
LEO Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Dreyfus Strategic Municipals shares, starting with a $10,000 purchase of LEO, 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: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$8.25 |
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End price/share: |
$5.91 |
|
Starting shares: |
1,212.12 |
|
Ending shares: |
2,089.20 |
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Dividends reinvested/share: |
$4.34 |
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Total return: |
23.47% |
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Average Annual Total Return: |
2.13% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,345.49 |
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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: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$8.25 |
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End price/share: |
$5.91 |
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Dividends collected/share: |
$4.34 |
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Total return: |
24.23% |
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Average Annual Total Return: |
2.19% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$12,418.19 |
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Years: |
10.00 |
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|
|
Date |
Close |
04/18/2024 | $5.85 | 04/19/2024 | $5.87 | 04/22/2024 | $5.84 | 04/23/2024 | $5.88 | 04/24/2024 | $5.91 |
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