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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/20/2023 |
$12.85 |
$12.90 |
$12.84 |
$12.89 |
604.00K | 03/21/2023 |
$12.86 |
$13.03 |
$12.86 |
$12.94 |
598.80K | 03/22/2023 |
$12.92 |
$12.98 |
$12.89 |
$12.94 |
924.20K | 03/23/2023 |
$12.93 |
$13.04 |
$12.93 |
$12.98 |
890.70K | 03/24/2023 |
$12.93 |
$13.02 |
$12.93 |
$13.00 |
1.31M |
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Nuveen Intermediate Duration Municipal Term Fund is a closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income exempt from regular federal income tax with a secondary objective of obtaining additional total return. Under general circumstances, the Fund will invest at least 80% of its managed assets in municipal securities and other related investments, the income from which is exempt from regular federal income tax. The Fund will invest at least 50% of its managed assets in investment grade municipal securities and it also may invest in below investment grade securities. | |
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NID (NID) has the following price history information. Looking back at NID historical stock prices for the last five trading days, on March 20, 2023, NID opened at $12.85, traded as high as $12.90 and as low as $12.84, and closed at $12.89. Trading volume was a total of 604.00K shares. On March 21, 2023, NID opened at $12.86, traded as high as $13.03 and as low as $12.86, and closed at $12.94. Trading volume was a total of 598.80K shares. On March 22, 2023, NID opened at $12.92, traded as high as $12.98 and as low as $12.89, and closed at $12.94. Trading volume was a total of 924.20K shares. On March 23, 2023, NID opened at $12.93, traded as high as $13.04 and as low as $12.93, and closed at $12.98. Trading volume was a total of 890.70K shares. On March 24, 2023, NID opened at $12.93, traded as high as $13.02 and as low as $12.93, and closed at $13.00. Trading volume was a total of 1.31M shares.
NID Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into NID shares, starting with a $10,000 purchase of NID, 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: |
04/01/2014 |
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End date: |
03/24/2023 |
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Start price/share: |
$11.94 |
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End price/share: |
$13.00 |
|
Starting shares: |
837.52 |
|
Ending shares: |
1,251.08 |
|
Dividends reinvested/share: |
$5.28 |
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Total return: |
62.64% |
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Average Annual Total Return: |
5.56% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$16,259.54 |
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Years: |
8.98 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
03/24/2023 |
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Start price/share: |
$11.94 |
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End price/share: |
$13.00 |
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Dividends collected/share: |
$5.28 |
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Total return: |
53.14% |
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Average Annual Total Return: |
4.86% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$15,316.16 |
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Years: |
8.98 |
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|
Date |
Close |
03/20/2023 | $12.89 | 03/21/2023 | $12.94 | 03/22/2023 | $12.94 | 03/23/2023 | $12.98 | 03/24/2023 | $13.00 |
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