 |
 Video: Compound Annual Growth Rate (CAGR) Definition
|
|
| Date |
Open |
High |
Low |
Close |
Volume |
| 04/12/2021 |
$13.62 |
$13.67 |
$13.55 |
$13.56 |
3.90K | | 04/13/2021 |
$13.60 |
$13.65 |
$13.55 |
$13.64 |
14.00K | | 04/14/2021 |
$13.56 |
$13.60 |
$13.56 |
$13.60 |
1.50K | | 04/15/2021 |
$13.59 |
$13.62 |
$13.50 |
$13.59 |
17.60K | | 04/16/2021 |
$13.53 |
$13.64 |
$13.52 |
$13.64 |
1.10K |
|
|
| Massachusetts Health & Education Tax Exempt Trust is registered as a non-diversified, closed-end management investment company. The Trust's investment objective is to earn a high level of current income exempt from regular federal income taxes and Massachusetts personal income taxes consistent with preservation of capital. The Trust seeks to achieve its objective by investing primarily in Massachusetts "investment grade" tax-exempt obligations issued on behalf of not-for- profit health and education institutions. As of Aug 31 2017, the Fund had total assets of $54,288,038 and its total investment portfolio was $53,574,098. | |
|
Massachusetts Health and Education Tax-Exempt Trust (MHE) has the following price history information. Looking back at MHE historical stock prices for the last five trading days, on April 12, 2021, MHE opened at $13.62, traded as high as $13.67 and as low as $13.55, and closed at $13.56. Trading volume was a total of 3.90K shares. On April 13, 2021, MHE opened at $13.60, traded as high as $13.65 and as low as $13.55, and closed at $13.64. Trading volume was a total of 14.00K shares. On April 14, 2021, MHE opened at $13.56, traded as high as $13.60 and as low as $13.56, and closed at $13.60. Trading volume was a total of 1.50K shares. On April 15, 2021, MHE opened at $13.59, traded as high as $13.62 and as low as $13.50, and closed at $13.59. Trading volume was a total of 17.60K shares. On April 16, 2021, MHE opened at $13.53, traded as high as $13.64 and as low as $13.52, and closed at $13.64. Trading volume was a total of 1.10K shares.
MHE Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Massachusetts Health and Education Tax-Exempt Trust shares, starting with a $10,000 purchase of MHE, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
04/22/2014 |
|
| End date: |
04/16/2021 |
|
| Start price/share: |
$12.80 |
|
| End price/share: |
$13.64 |
|
| Starting shares: |
781.25 |
|
| Ending shares: |
1,067.96 |
|
| Dividends reinvested/share: |
$4.27 |
|
| Total return: |
45.67% |
|
| Average Annual Total Return: |
5.53% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$14,567.18 |
|
| Years: |
6.99 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/22/2014 |
|
| End date: |
04/16/2021 |
|
| Start price/share: |
$12.80 |
|
| End price/share: |
$13.64 |
|
| Dividends collected/share: |
$4.27 |
|
| Total return: |
39.91% |
|
| Average Annual Total Return: |
4.92% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$13,988.77 |
|
| Years: |
6.99 |
|
|
|
| Date |
Close |
| 04/12/2021 | $13.56 | | 04/13/2021 | $13.64 | | 04/14/2021 | $13.60 | | 04/15/2021 | $13.59 | | 04/16/2021 | $13.64 |
|
|
Free MHE Email Alerts:
