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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
09/29/2014 |
$14.22 |
$14.32 |
$14.22 |
$14.32 |
2.90K | 09/30/2014 |
$14.33 |
$14.42 |
$14.33 |
$14.42 |
7.50K | 10/01/2014 |
$14.46 |
$14.46 |
$14.28 |
$14.41 |
1.90K | 10/02/2014 |
$14.37 |
$14.45 |
$14.37 |
$14.44 |
4.00K | 10/03/2014 |
$14.33 |
$14.54 |
$14.33 |
$14.54 |
4.30K |
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First American Minnesota Municipal Income Fund II is a non-diversified, closed-end investment management company. The Fund's investment objective of the fund is to provide current-income exempt from both regular federal income tax and regular Minnesota personal income tax. The Fund invests primarily in Minnesota municipal securities that, at the time of purchase, are rated investment grade or are unrated and deemed to be of comparable quality by FAF Advisors, Inc. As of Aug 31 2013, the Fund's investment portfolio totaled $32,439,664 and total assets were $32,924,688. | |
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Minnesota Municipal Income Fund II (MXN) has the following price history information. Looking back at MXN historical stock prices for the last five trading days, on September 29, 2014, MXN opened at $14.22, traded as high as $14.32 and as low as $14.22, and closed at $14.32. Trading volume was a total of 2.90K shares. On September 30, 2014, MXN opened at $14.33, traded as high as $14.42 and as low as $14.33, and closed at $14.42. Trading volume was a total of 7.50K shares. On October 01, 2014, MXN opened at $14.46, traded as high as $14.46 and as low as $14.28, and closed at $14.41. Trading volume was a total of 1.90K shares. On October 02, 2014, MXN opened at $14.37, traded as high as $14.45 and as low as $14.37, and closed at $14.44. Trading volume was a total of 4.00K shares. On October 03, 2014, MXN opened at $14.33, traded as high as $14.54 and as low as $14.33, and closed at $14.54. Trading volume was a total of 4.30K shares.
MXN Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Minnesota Municipal Income Fund II shares, starting with a $10,000 purchase of MXN, 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: |
10/03/2014 |
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Start price/share: |
$14.61 |
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End price/share: |
$14.54 |
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Starting shares: |
684.46 |
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Ending shares: |
702.79 |
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Dividends reinvested/share: |
$0.39 |
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Total return: |
2.19% |
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Annualized Gain: |
5.05% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,219.00 |
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Years: |
0.43 |
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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: |
10/03/2014 |
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Start price/share: |
$14.61 |
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End price/share: |
$14.54 |
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Dividends collected/share: |
$0.39 |
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Total return: |
2.21% |
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Annualized Gain: |
5.11% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,221.00 |
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Years: |
0.43 |
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Date |
Close |
09/29/2014 | $14.32 | 09/30/2014 | $14.42 | 10/01/2014 | $14.41 | 10/02/2014 | $14.44 | 10/03/2014 | $14.54 |
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