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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/12/2021 |
$12.02 |
$12.02 |
$11.97 |
$12.00 |
17.80K | 04/13/2021 |
$12.02 |
$12.06 |
$12.02 |
$12.04 |
25.60K | 04/14/2021 |
$12.01 |
$12.13 |
$12.01 |
$12.07 |
19.10K | 04/15/2021 |
$12.05 |
$12.10 |
$12.05 |
$12.06 |
75.50K | 04/16/2021 |
$12.05 |
$12.14 |
$12.05 |
$12.08 |
29.00K |
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BlackRock MuniEnhanced Fund is a closed-end management investment company. The Fund's investment objective is to provide shareholders with a level of current income exempt from United States federal income taxes as is consistent with its investment policies and investment management. The Fund seeks to attain its investment objective by investing at least 80% of its assets in municipal bonds exempt from United States federal income taxes (except that the interest may be subject to the United States federal alternative minimum tax). The Fund may invest directly in such securities or synthetically through the use of derivatives. | |
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BlackRock MuniEnhanced Fund (MEN) has the following price history information. Looking back at MEN historical stock prices for the last five trading days, on April 12, 2021, MEN opened at $12.02, traded as high as $12.02 and as low as $11.97, and closed at $12.00. Trading volume was a total of 17.80K shares. On April 13, 2021, MEN opened at $12.02, traded as high as $12.06 and as low as $12.02, and closed at $12.04. Trading volume was a total of 25.60K shares. On April 14, 2021, MEN opened at $12.01, traded as high as $12.13 and as low as $12.01, and closed at $12.07. Trading volume was a total of 19.10K shares. On April 15, 2021, MEN opened at $12.05, traded as high as $12.10 and as low as $12.05, and closed at $12.06. Trading volume was a total of 75.50K shares. On April 16, 2021, MEN opened at $12.05, traded as high as $12.14 and as low as $12.05, and closed at $12.08. Trading volume was a total of 29.00K shares.
MEN Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into BlackRock MuniEnhanced Fund shares, starting with a $10,000 purchase of MEN, 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: |
10/16/2014 |
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End date: |
04/16/2021 |
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Start price/share: |
$11.45 |
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End price/share: |
$12.08 |
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Starting shares: |
873.36 |
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Ending shares: |
1,247.56 |
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Dividends reinvested/share: |
$4.08 |
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Total return: |
50.71% |
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Average Annual Total Return: |
6.51% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,071.28 |
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Years: |
6.50 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/16/2014 |
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End date: |
04/16/2021 |
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Start price/share: |
$11.45 |
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End price/share: |
$12.08 |
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Dividends collected/share: |
$4.08 |
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Total return: |
41.12% |
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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: |
$14,113.33 |
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Years: |
6.50 |
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Date |
Close |
04/12/2021 | $12.00 | 04/13/2021 | $12.04 | 04/14/2021 | $12.07 | 04/15/2021 | $12.06 | 04/16/2021 | $12.08 |
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