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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 07/30/2018 |
$14.31 |
$14.32 |
$14.31 |
$14.32 |
173.10K | | 07/31/2018 |
$14.32 |
$14.32 |
$14.30 |
$14.30 |
145.70K | | 08/01/2018 |
$14.29 |
$14.31 |
$14.29 |
$14.29 |
45.10K | | 08/02/2018 |
$14.30 |
$14.33 |
$14.30 |
$14.33 |
44.70K | | 08/03/2018 |
$14.32 |
$14.36 |
$14.32 |
$14.33 |
138.10K |
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| Managed Duration Investment Grade Municipal Fund is a closed-end diversified management inestment company.The Fund's investment objective is to provide its common shareholders with high current income exempt from regular Federal income tax while seeking to protect the value of the Fund's assets during periods of interest rate volatility. As of July 31 2017, the Fund's investment portfolio totaled $157,155,840 and its assets totaled $160,703,955. | |
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Managed Duration Investment Grade Municipal Fund (MZF) has the following price history information. Looking back at MZF historical stock prices for the last five trading days, on July 30, 2018, MZF opened at $14.31, traded as high as $14.32 and as low as $14.31, and closed at $14.32. Trading volume was a total of 173.10K shares. On July 31, 2018, MZF opened at $14.32, traded as high as $14.32 and as low as $14.30, and closed at $14.30. Trading volume was a total of 145.70K shares. On August 01, 2018, MZF opened at $14.29, traded as high as $14.31 and as low as $14.29, and closed at $14.29. Trading volume was a total of 45.10K shares. On August 02, 2018, MZF opened at $14.30, traded as high as $14.33 and as low as $14.30, and closed at $14.33. Trading volume was a total of 44.70K shares. On August 03, 2018, MZF opened at $14.32, traded as high as $14.36 and as low as $14.32, and closed at $14.33. Trading volume was a total of 138.10K shares.
MZF Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Managed Duration Investment Grade Municipal Fund shares, starting with a $10,000 purchase of MZF, 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: |
04/17/2014 |
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| End date: |
08/03/2018 |
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| Start price/share: |
$12.90 |
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| End price/share: |
$14.33 |
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| Starting shares: |
775.19 |
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| Ending shares: |
953.50 |
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| Dividends reinvested/share: |
$2.83 |
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| Total return: |
36.64% |
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| Average Annual Total Return: |
7.53% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,662.63 |
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| Years: |
4.30 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/17/2014 |
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| End date: |
08/03/2018 |
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| Start price/share: |
$12.90 |
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| End price/share: |
$14.33 |
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| Dividends collected/share: |
$2.83 |
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| Total return: |
33.05% |
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| Average Annual Total Return: |
6.87% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,305.78 |
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| Years: |
4.30 |
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| Date |
Close |
| 07/30/2018 | $14.32 | | 07/31/2018 | $14.30 | | 08/01/2018 | $14.29 | | 08/02/2018 | $14.33 | | 08/03/2018 | $14.33 |
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