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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/12/2024 |
$10.69 |
$10.74 |
$10.69 |
$10.71 |
303.60K | 04/15/2024 |
$10.68 |
$10.68 |
$10.62 |
$10.64 |
375.30K | 04/16/2024 |
$10.60 |
$10.71 |
$10.60 |
$10.67 |
547.40K | 04/17/2024 |
$10.72 |
$10.78 |
$10.67 |
$10.78 |
337.80K | 04/18/2024 |
$10.78 |
$10.78 |
$10.73 |
$10.76 |
303.20K |
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Nuveen California Quality Municipal Income Fund is a closed-end management investment company. The Fund seeks to provide current income exempt from both regular federal and California state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within the state of California or certain United States territories. Under normal market conditions, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax and California's personal income tax. | |
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Nuveen California Dividend Advantage Municipal Fund (NAC) has the following price history information. Looking back at NAC historical stock prices for the last five trading days, on April 12, 2024, NAC opened at $10.69, traded as high as $10.74 and as low as $10.69, and closed at $10.71. Trading volume was a total of 303.60K shares. On April 15, 2024, NAC opened at $10.68, traded as high as $10.68 and as low as $10.62, and closed at $10.64. Trading volume was a total of 375.30K shares. On April 16, 2024, NAC opened at $10.60, traded as high as $10.71 and as low as $10.60, and closed at $10.67. Trading volume was a total of 547.40K shares. On April 17, 2024, NAC opened at $10.72, traded as high as $10.78 and as low as $10.67, and closed at $10.78. Trading volume was a total of 337.80K shares. On April 18, 2024, NAC opened at $10.78, traded as high as $10.78 and as low as $10.73, and closed at $10.76. Trading volume was a total of 303.20K shares.
NAC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Nuveen California Dividend Advantage Municipal Fund shares, starting with a $10,000 purchase of NAC, 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: |
04/22/2014 |
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End date: |
04/18/2024 |
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Start price/share: |
$14.08 |
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End price/share: |
$10.76 |
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Starting shares: |
710.23 |
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Ending shares: |
1,180.69 |
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Dividends reinvested/share: |
$7.12 |
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Total return: |
27.04% |
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Average Annual Total Return: |
2.42% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,700.45 |
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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: |
04/22/2014 |
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End date: |
04/18/2024 |
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Start price/share: |
$14.08 |
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End price/share: |
$10.76 |
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Dividends collected/share: |
$7.12 |
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Total return: |
27.01% |
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Average Annual Total Return: |
2.42% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,700.45 |
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Years: |
10.00 |
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Date |
Close |
04/12/2024 | $10.71 | 04/15/2024 | $10.64 | 04/16/2024 | $10.67 | 04/17/2024 | $10.78 | 04/18/2024 | $10.76 |
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